Psychology and the crypto market đ§ đ
The main thing in the market is not knowledge, but psychology. You can be a guru in terms and analytics, but if emotions take over, you will not see success. đ
90% lose money because they act on emotions. Sounds trivial? Yes, but it is a fact. đž
Everyone knows: buy cheap, sell expensive. But in reality, it turns out the opposite. đ€Šââïž
A typical scenario: you bought a coin for $10, you wait for x3, and then -20%. Panic, you sell at a loss, then you see a price of $20 and buy again. And so on in a circle. đą
How to avoid this? Simple - you need a plan.
1. Write down **why** you are buying a coin: prospects, team, funds, activity in social networks and the project.
2. Define the **buy zone** ($10-$7) and **sell zone** ($30-$40). đ°
3. Buy 5-10% of your deposit, and leave the same amount for additional purchases if the market falls.
This way you will avoid emotional mistakes. Be prepared for growth and fall, and most importantly, you have a plan. đ§ââïž
And remember, if you donât know what to write down for a coin, is it worth buying at all? đ€
A simple plan and discipline are what separates the 10% who earn from those who lose.
