Bitcoin Investment: Trading Mentality Any investor who participates in Bitcoin trading knows that the Bitcoin market is a high-risk, high-yield market. The most important thing when engaging in Bitcoin trading is to overcome your own greed and fear. It is the enemy of investors' stable profits and successful trading. Therefore, only by overcoming the greed and fear in their own Bitcoin trading mentality can investors have the opportunity to make profits. You must know that Bitcoin trading is a 24-hour market, and there are many opportunities every day. If there is no careful preparation in advance and a clear trading plan, people can easily be disturbed by short-term market fluctuations and blindly enter the market, resulting in very passive losses. situation. In fact, this is the psychology of greed at work. In anything, haste makes waste, and opportunities are only reserved for those who are prepared. On the other hand, fear is also a terrible state of mind. This kind of mentality is most likely to occur when chasing ups and downs in the market. The most common situation is that as soon as the price starts to rise, your mind gets hot, you forget about your trading plan, and you enter the market in a hurry. It turns out later that the price of entry is often Buy at the highest price. Then, there will be a kind of luck mentality, praying that the currency price will develop in a direction that is beneficial to you, but the market is ruthless and the price keeps falling, so fear arises, and you always think that the decline has formed, so you close your position or chase. Buy, the result is often helmeted bamboo shoots. So, in the market fluctuations, if you make profits by chasing ups and downs, you will be more convinced that you are right, and you will no longer be afraid. Driven by greed, you will set your goal higher. Or lower, blindly optimistic. At this time, the market will usually take a relatively big turn, trapping yourself in one fell swoop. Investors often fail to calm down when they need to calm down most. A rapid decline or rise in currency prices should actually be the best opportunity to buy or sell. However, due to greed or fear, the opposite decision is often made.