Overconfidence" Always practise proper portfolio management and diversification to avoid overconfidence in cryptocurrency investment.
“Emotional investing” Do not let emotions drive investment decisions especially during market fluctuations, learn to always keep your emotions outside cryptocurrency trading.
Thank you so much brother
thanks for the reminders.
These are important reminders for any cryptocurrency investor. It’s easy to get caught up in the excitement of a rapidly changing market and become overconfident or make decisions based on emotions. Practicing proper portfolio management and diversification can help mitigate the risks of overconfidence, while learning to keep emotions outside of trading decisions can lead to more rational and informed investment choices. These are important strategies to follow for both experienced and novice investors in cryptocurrency.
Absolutely, people always repeat the same mistake when the market is green because bull run is always full of noise everywhere.