📌#USEFUL: MARKET PSYCHOLOGY

Hello friends! Today we will touch on a topic not about numbers and graphs, but about you and me - about the psychology of traders. Why is it so important? Yes, because our brain is the very tool that decides when to click on the “buy” or “sell” button.

🔍Why is this important?

The cryptocurrency market is a daily rollercoaster. Up today, down tomorrow. And in order not to become a victim of your own emotions, you need to understand how they work. Fear, greed, herd instinct - all this plays against us.

📝What's stopping us?

Fear and greed. These guys are the main enemies. They force us to make hasty decisions.

Herd instinct. If everyone is buying, that means I should too, right? Common Trap

Stress. Even the most resilient of us can become overwhelmed or inattentive when fatigue sets in and quality sleep is lacking.

📚Practical advice

Self-control is everything. Create your own trading rules and strictly follow them; discipline will help you avoid rash decisions.

Nutrition. It is no secret that a large amount of coffee or other energy drinks can give strength, however, they also give extra nervousness, which prevents a trader from thinking sensibly.

We learn and grow. No matter how many years you trade, do not stop learning. The more you know, the more you feel in control of the situation.

Trade wisely and take care of yourself, friends!❤️