Hi everyone, how do you guys react to cryptomarket growth and fall? I mean do you start panicking when it is falling?
Do you blame yourself when you lost some money while trading and so on?
No, I don't panic when it is falling. If people start to panic, what they need to do is zoom out on the price charts so they see the last 12 months. Then they will understand that the general trend is upwards, and however much it is falling on any given day, this is part of the larger pattern of upwards price movement.
As for trading, if you make a mistake it is important to learn any lessons that you can, so that you will not repeat the mistake next time. But also it is important not to get too emotionally involved and start blaming yourself - emotional investment in crypto often leads to bad decisions.