Mentality is the most important magic weapon for investors to win, which is more valuable than the profit of a single transaction. After a series of failed operations, the mentality of making orders is greatly affected. The first thing to do is to adjust the mentality. Otherwise, rushing to enter the market again or hesitating to enter the market will result in losses for us. Because the probability of making mistakes for friends who rush to enter the market is much higher than usual, and hesitating to enter the market will miss a lot of good opportunities, and missing the time to make money is equivalent to a loss. Therefore, a good mentality in the investment process will enable investors to get twice the result with half the effort, otherwise they will suffer losses. So, as investors, what mentality should we have when facing cryptocurrency investment?
Don’t be greedy, don’t guess the trend, don’t fantasize, don’t be reckless, seek stability:
Greed is a taboo in cryptocurrency investment; there should be a logical analysis of market trends, regularity analysis, and market psychology analysis, rather than gambling or guessing; don’t have too many fantasies about the market and profits, because the cryptocurrency market is very realistic, and you should keep a normal mentality whether you make more or less, especially in the learning stage, don’t be greedy, and take steady steps to gain greater benefits in investment. I have encountered many greedy customers who don’t set stop-profits. They will have a certain profit in the early stage of trading, but they can’t stop their greed and don’t set stop-profits, which will eventually lead to losses.
Learn how to protect your capital:
As the saying goes, it is easy to start a business but difficult to maintain it. In the cryptocurrency investment, as long as you keep the principal and maintain a good attitude and spirit, then it is only a matter of time before you make money from investment. In the spot market, you must remember three firsts: safety first, capital preservation first, and survival first. The most important thing in investment is to keep the principal first, and then think about profit after keeping the principal.
If you are in a bad mood or not in good condition, stop watching the market and get back to a good state first:
People have joys, anger, sorrows, and happiness. People's emotions will affect their state and also affect the behavior of cryptocurrency investment analysis. Therefore, when you are in a bad mood, you need to adjust yourself immediately, stop watching the market and take a good rest to avoid increasing operational errors. To do this, you must maintain a good mental state, so that you will have enough energy to seek success. Investors must not trade with emotions when trading. Trading with emotions will only increase your mistakes. Emotions have a great impact.
Don't rush for quick success and seek foresight:
Everyone knows that haste makes waste. If you want to get a high return with a small investment, get rich overnight and make quick money, this investment concept is wrong at the beginning. Cryptocurrency investment is an international market and a permanent market, so it is not a casino or an ATM. To achieve a stable victory, be optimistic about market changes, and do one step at a time. Therefore, the investment vision should be longer-term, the goal should be clearer, the foundation should be more solid, and the learning experience should be accumulated step by step. In fact, learning in the cryptocurrency investment market will be faster than learning and improving in the stock or gold and crude oil market.
Keep your mind calm and focused without distractions:
In the cryptocurrency investment, leveraged trading is to magnify both risks and benefits, so you must be 200% alert when trading. If you want to concentrate effectively, you need a quiet environment and physical care. The more critical the moment, the more you need to be calm, not blindly follow the trend, and keep a calm mind.
For a successful investor, personal ability is essential, and trading experience is also an important factor, but the premise of these conditions is that the investor must have a healthy and good trading mentality. Only in this way can investors go long-term in the field of cryptocurrency investment. #非农就业数据即将公布