The market is always right, but the investors are often wrong 💹💱💲The Psychology of Crypto Investing💵 Overcoming Fear and Greed

Cryptocurrency, Cryptocurrency is currently trending on every news channel. Sometimes you see news that there has been a big crash in cryptocurrency and then after a few moments or days, you get news that Bitcoin has crossed the all-time high and thus people start running towards cryptocurrency after hearing this news. But here is one thing to understand. Some people have very little information about cryptocurrency and they only invest their savings in crypto based on what social media or YouTubers say. But I will say one more thing here and write here that cryptocurrency is a market. It is true that the cryptocurrency market is a small market. A little shock or liquidity in it crashes people's money and thus many small investors who do not have information or buy some currencies at all-time highs. I mean cryptocurrencies, so in this way they suffer a huge loss. I have just lost a lot of people in a few weeks. They have seen millions of dollars of their money drowning in cryptocurrency while shouting and saying that cryptocurrency is a scam and a fraud, but that is not the case. Cryptocurrency is neither a fraud nor a scheme. Rather, we ourselves commit schemes and fraud with our wealth. Ignorant.

Remember one thing, crypto currency is also a market and in this market you will find all kinds of crypto currencies. Just as when you go to the market, sellers of various items are making noise. They have put up big banners and posters for their popularity. Similarly, crypto currency is a market. In this market, you will find all kinds of currencies, both fraud and scam. But the thing to understand and think about is which direction you want to go in. Do you want to buy something by doing proper research or do you want to buy it only after hearing the news on banners, YouTubers, Facebook, Twitter that this currency is the best? Or do you want to do your own research? Remember, there is always a trend and people follow this trend, but sometimes trends are also scams and frauds. Similarly, I also want to tell you that there are ups and downs in every market. But the thing to think about and understand is what kind of thing you are buying and then what are you planning to buy this thing? Are you buying something for the long term? Are you buying for the long term or are you buying for the short term because you have to make this decision yourself, but we also leave this decision to the YouTuber because when we buy something for one dollar and then the same thing is giving us 50 percent profit, then there are YouTubers and people from different media telling us that this thing will go to 20 dollars, should you sell it for 20 dollars or take 50 percent profit and exit this market? If you want to exit, you have to plan this yourself and if you have to sell it for 20 dollars, you have to plan this yourself. But how will it go from one dollar to 20 dollars? You have to do this research and then you don't have to shout and shout about this thing that that thing has gone from one dollar to 50 cents and you are losing money because this decision is yours. But sometimes we give up profit and get greedy and this greed makes us zero and crash in crypto currency.

Whatever the market, be it the crypto currency market, the forex market, the stock exchange market, who bears the loss there? Those who are greedy. They are getting profit but they do not cash this profit. Rather, they think that this profit will double or triple. But after doubling, they also lose their capital. The reason for this is greed. But when the market drops by 50 percent or 20 percent from their purchase price, they become afraid. They are so afraid that they do not understand anything. So I want to say here that when they are getting profit, their happiness knows no bounds. But instead of cashing this profit, they are thinking about tripling it. So I would like to write here that where they are not booking their profit despite the up profit, there are also some people who are booking their profit by buying things above their purchase price. They are selling and then when they take profit then the market gets dumped, the market also crashes and in this way greedy people like us when they go into loss then they scream and shout so I am saying this clearly here that whatever currency you buy first do research check its team check their background and I want to tell you the easiest way which project to take up and enter in it enter in the same project which is very old if it is new then check the performance of its team if you do not understand then invest in the top currency exchange coin which is top 100 currency coin but when you have to invest when you have to enter in it you always take entry when that currency is at all time low or you check how much this crypto currency has gained in a year and you buy this currency at this one year low if you think that it is If it is not working out, then you also have to see that you buy it at the lowest price of six months. But here I want to tell you that if the cryptocurrency is 10 percent or 10 percent lower than its all-time high, then you should not buy it at all because you have to check its 200-day period and you have to match this period with 50 days. If you see that 50 days is above 200, then you can make a manual or small investment in it.

There are many ways to invest in cryptocurrency here. You can hold it, you can also invest it on a stake. You can also give them a loan at an interest rate. But here the topic is not about making a profit from cryptocurrency. Rather, here I am trying to explain through my writing how you can avoid losses and how you can lead yourself towards safe investments. We often do this by following the trend. I think that a trend is a line, a voice that tells you that this is going to happen, but is it really going to happen as it is being said? Not at all. Sometimes the opposite happens, that things run completely from the trend line to the reverse. Now you see, I have been watching the cryptocurrency market for almost eight years, but I have made a profit and I have also made a loss. I have made a profit and then made a loss. When have I made a profit? When did I lose? I lost when I nurtured greed, when I showed greed, when I said, "No, I won't sell now. Now it will go up even more. Now it will not come down from here. Now it has to increase a thousand times. But what happens? The same thing is pumping in front of my eyes and my profit has increased thirty times. But still I get caught in the conscience of greed and then the same thing goes down 100 times and thus I lose. I scream, shout and then I say, "This has been leaked. This has been manipulated. There has been deception here. There has been fraud here. Exchanges are involved in this. This story is involved here. This news was involved. Absolutely these things can be involved. But according to my experience, I say here that their role is not more than 30 percent and the role of our greed is 30 percent to 70 percent, which forces us to drown. If it does, then my friends, control your fears and greed and manage yourself, knowing where to take profit and exit the market, and where to make a loss, and where to exit the market despite making a loss. This is the key to success. Everything else is rubbish, nothing else is true here.

The recent crash in the crypto market has caused everyone to scream and say that this is a fraud, the exchange is involved in this fraud, and big investors are involved in it. So I want to say this here: When you were making a profit and you were getting a profit, why didn't you book your profit at that time? And at that time, were there any schemes that were taking the market up and were they committing fraud? But no, we have to control our fear and greed and we have to see where we can profit from the market and where we can get out of the market despite the loss. I want to write this here: Will the big Bitcoin investors who have millions of Bitcoins, who bought Bitcoins at a low rate, not take a profit? Did they not buy them to sell? Did they want to keep Bitcoins safe and hold them for the rest of their lives? Why will they keep them? It is essential that they hold them. They will make a profit. They will make a profit. They will sell Bitcoin wherever they see fit, so why are we angry with them because we have taken one Bitcoin, we have taken half a Bitcoin and we are worried about our Bitcoin and are abusing them. No, my friends, in this market, whether it is a small investor or a big investor, he comes to take profit and not to make a loss. So why do we cry, why do we scream, why do we get scared? My friends, protect your money and make a strategy, make a plan and remove greed from this plan, only then can you move forward. So, whether you are yourself or any big investor, whenever someone makes an investment, it is for profit and not for loss. There is also a loss in it. Profit also comes, but without patience and greed, it will not work.

Whenever you invest in any market, there is only one way to protect your investment. I have seen and learned from watching the cryptocurrency market pump and dump for eight years. But humans make mistakes. But whenever a mistake is made in investment, it is because of greed. A human never goes into the market at a loss, whether it is Forex or the cryptocurrency market. No matter how much loss I have made, after taking profit, when I got greedy and tried to triple, I lost. Whatever I traded, I made profit in every trade, but I could not book it in profit. Rather, I booked only loss. The reason for this was that I could not book profit because I thought that I would get more profit. I will get more profit, but the market dumps and crashes. This did not happen once. It happened many times. And in these many times, I learned that always if you want to invest in the cryptocurrency market, First of all, wait for the market to crash. Take an entry when the market is at least 60 to 70 percent down from the high level or when the market is up, keeping in mind the monthly, quarterly and monthly licks. Trade on this candle. Always trade what you trust. Never trade on YouTubers or Facebook or by following anyone's signals because every trader takes the trade himself and always trades with his own hands. Whenever you take a trade with your own hands, you will set it up, then when you make a loss or profit, you will understand it and learn from your mistakes. But there is only one way to make profit. Keep yourself away from greed. Don't be greedy. Instead, book that profit wherever you get profit. This is the technique and this is what experts do. Never think about who is doing what. Instead, take your profit and go to one side, no matter what kind of crypto you are trading and lose yourself. Be prepared for this and set a target for yourself that you have to bear the loss up to this point and you have to make the profit up to this point. This is what expert traders do. I hope you found my writing today informative.