The crypto space is exciting, but emotions can cloud your judgment. Here are some psychology hacks to stay level-headed and make informed investment decisions:
OMO vs. Research: Don't chase trends blindly! Research projects before investing. Chasing FOMO (Fear Of Missing Out) can lead to costly mistakes.
DYOR & Chill: Do Your Own Research and understand the tech behind a project. Don't get hyped by empty promises.
Don't Panic Sell: Crypto markets are volatile. Stay calm during dips. Remember your investment thesis and long-term goals. (Most important)
Set Realistic Expectations Don't expect to get rich quick. Crypto is a marathon, not a sprint.
Invest What You Can Afford to Lose Only invest what you're comfortable losing. My suggestion would be 5%.
You can follow reputable crypto sources and analysts, but always form your own informed decisions!
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