Control Your Emotions: Emotional decisions often lead to losses. Stay calm and rational, even during market fluctuations.
Long-Term Perspective: Consider adopting a long-term perspective. Trying to time the market perfectly can be challenging and stressful.
Avoid FOMO (Fear of Missing Out): Don’t make impulsive decisions based on hype or FOMO. Always do your research before investing.
Learn from Mistakes: If you make a mistake, learn from it. Analyze why it happened and how you can avoid similar situations in the future.