$BTC Common Emotions in Investing (P3): Fear
In investing, fear is a common emotion, and it often occurs when we have incurred too many losses. When feeling fear, we tend to be hesitant to enter trades or only feel comfortable setting low profit targets.
Many investors might think that "it's better to take a small profit than to incur further losses," but this mindset is not always correct. While taking profits early can help us avoid losses, if done too frequently, we will not be able to achieve sustainable returns in the long term.
It is important to learn how to control emotions, especially fear, in order to make rational investment decisions and achieve long-term profits.
