It is said that success in Trading is 10% strategy, 25% money management and the rest psychology. Human beings in a market as volatile as the cryptocurrency market are vulnerable to pride 😏, fear 🥶 and greed 🤑.
That is why I will not stop insisting that a daily profit taking between 5% to 10% depending on market conditions is more than enough in one of the most changing and difficult to decipher markets.