**Título: Understanding Volatility and the Importance of Discipline in Cryptocurrency Trading**
I've noticed many investors expressing concerns about Binance. I'm not here to take sides or criticize; my aim is to provide clarity on the cryptocurrency market, new token launches, and the opportunities presented by Launchpool.
Today marked the launch of the OMNI token. Shortly after opening, there was significant fluctuation, starting at $1.00 and peaking at $55.50. The opening price of the second candle was $36.50, and at the time of writing, it stands at $30,70, nearing 19:17 (UTC). Most complaints seem related to the token's value decreasing rather than appreciating.
It's essential to understand that the market, whether it's FOREX, Dow Jones, SP500, cryptocurrencies, or commodities, is sovereign - it does as it pleases. It rises, falls, goes sideways, or zigzags, and as traders, we cannot control it. When we try to, we often suffer the consequences. What we can control are our own attitudes and discipline when operating in the market.
For instance, today, as Marcosrci Trader, I acted impulsively and purchased OMNI at the wrong time, resulting in losses. Whose fault is it? Mine, for lacking discipline. Sometimes, euphoria takes over our emotions, adrenaline rushes through our veins, and in front of the screen, we impulsively hit the buy button. Fear then prevents us from making another decision to get out of the situation. It's common to blame everything and everyone around us when we lose money.
Therefore, it's crucial to learn about the market and use stop orders to control losses, but this requires hours of training.
Feel free to leave your comments or questions, and I'll be happy to respond! Wishing everyone successful trades!
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Best regards,
Marcosrci Trader
#Binance #omni #ethereum