$MAGIC $1MBABYDOGE $IMX

Buying low and selling high is not as simple as it sounds, and the key challenges are emotions like FOMO (Fear of Missing Out) and Greed. These emotions often push traders to buy when prices are high or hesitate to sell when it's the optimal time, leading to missed opportunities or losses.

To handle this, remember a few key strategies:

1. Understanding Market Cycles: Some coins can go through their lows (troughs) and highs within a 3 to 5-day cycle. To take advantage of this, you need to have a solid understanding of these cycles and trends. This means recognizing when indicators are beginning to shift and when downside potential is limited.

2. Using Technical Analysis: Employ technical indicators to spot potential entry and exit points. The 4-hour (4H) or 1-hour (1H) timeframes are effective for assessing market trends, but the 4H chart is particularly useful for understanding longer trends and cycles, providing a clearer picture of the market's direction.

3. Focus on Consistent Profits: Aim for steady, reasonable profits rather than chasing high-risk gains. Scalping and intraday trading can offer quick returns, but they also come with higher risks. It's generally better to build a strategy that aligns with your personality, skills, and mindset—focusing on consistent profitability rather than sporadic, high-stakes trades.

4. Discipline is Key: Overcoming FOMO and greed requires discipline. Stick to your strategy, set clear goals, and don't deviate based on short-term price movements. This mindset will help you maintain control over your trades and avoid impulsive decisions.

Remember, successful trading is not about hitting the biggest wins; it's about making informed, consistent decisions that minimize risk while maximizing steady returns.