What matters in cryptocurrency trading is mentality!!!
Your mentality determines your destiny, your attitude determines your depth, and your cryptocurrency trading mentality determines your success or failure.
Cryptocurrency trading is a psychological game, a contest of intelligence among millions of people, and a fierce psychological battle. The fluctuations in the cryptocurrency market reflect the psychological changes of both parties to the transaction to a certain extent. To a certain extent, cryptocurrency trading is all about psychological quality. In the long run, most of the ultimate winners in the cryptocurrency market are those with higher psychological quality and a calmer mentality.
Cryptocurrency speculation starts with curiosity and interest, then it becomes technology, then it becomes unexpectedness, unique vision, judgment, wisdom, and finally it becomes mentality and realm.
"The most important thing in cryptocurrency trading is mentality, mentality, and mentality."
Success is in the mindset, and failure is also in the mindset. In a certain period of time, the emotions, madness and rationality of the participants will play a decisive role in the buying and selling of the currency market. Without good psychological quality and a peaceful mindset, it is difficult to become a big winner in the end.
Sometimes the market trend can only be seen clearly after the fact. Why didn't you see it clearly beforehand? Why do you always lose money? In addition to technical reasons, you can look for reasons in your mentality. When the market is rising, you always want to rise again. Greed replaces reason. When the market is falling, your mentality is unstable. You are always afraid that it will fall further. Fear blinds your eyes. Some people often swing between overconfidence and lack of confidence. They often make mistakes when they are overconfident and when they lack confidence. Later, they may completely lose confidence.
Some people say that a good attitude for cryptocurrency trading is not to be happy when the price goes up, not to be sad when the price goes down, not to be happy when you make money, and not to be sad when you lose money. This is easier said than done. Most people who enter the cryptocurrency market are ordinary people. They are happy when they buy the right direction, and they are upset when they buy the wrong direction. This is also human nature. What we should pursue is a peaceful state of mind. If you buy the right direction, don't be blindly optimistic and forget yourself. If you buy the wrong direction and lose money, don't be blindly pessimistic and disappointed because of the loss, which will increase the psychological burden and lead to loss.
