This is the #3 episode of Crypto Education 𝟏: 𝐍𝐨 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐏𝐥𝐚𝐧𝟐: 𝐏𝐚𝐧𝐢𝐜 𝐒𝐞𝐥𝐥𝐢𝐧𝐠𝟑: 𝐍𝐞𝐠𝐥𝐞𝐜𝐭𝐢𝐧𝐠 𝐓𝐫𝐚𝐝𝐞 𝐏𝐬𝐲𝐜𝐡𝐨𝐥𝐨𝐠𝐲𝟒: 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐏𝐚𝐭𝐢𝐞𝐧𝐜𝐞𝟓: 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭=====1: 𝐍𝐨 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐏𝐥𝐚𝐧Most beginner Traders wont do proper analysis and wonder why the Crypto market is losing them money.... A proper trading plan is very important in having success in the Crypto market.2: 𝐏𝐚𝐧𝐢𝐜 𝐒𝐞𝐥𝐥𝐢𝐧𝐠A lot of beginner traders see a drop in price and sell due to the fear of losing their money. A stop loss is very powerful. Having a stop loss set is important to know your max loss if a trade goes south.3: 𝐍𝐞𝐠𝐥𝐞𝐜𝐭𝐢𝐧𝐠 𝐓𝐫𝐚𝐝𝐞 𝐏𝐬𝐲𝐜𝐡𝐨𝐥𝐨𝐠𝐲 Understanding FEAR and overcoming GREED are crucial in successful trading. A trader that trades based off of emotion is asking to fail. Stick to your strategy and keep emotions out of it!4: 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐏𝐚𝐭𝐢𝐞𝐧𝐜𝐞 Time in the market is very important. Do proper TA . Pick a Coin to invest in and let it ride! Most people begin trading and start getting in and out of stocks. Find a Crypto your passionate about and enjoy the ride!5: 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭Any successful trader started out losing money, there is a learning curve. To many traders start out in the market and expect it to be a get rich quick scheme, it is not. You will fail, But if you can overcome failure you will succeed.====Follow for more resilience on CRYPTO! 🔥🥅====        #BinanceGuide #BTCETF SPOT #educational #TradingEthics

𝐓𝐡𝐞 𝐌𝐚𝐢𝐧 𝐄𝐦𝐨𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞:𝟏. 𝐄𝐱𝐜𝐢𝐭𝐞𝐦𝐞𝐧𝐭𝟐. 𝐆𝐫𝐞𝐞𝐝𝟑. 𝐅𝐞𝐚𝐫𝟒. 𝐀𝐧𝐠𝐞𝐫𝟓. 𝐅𝐫𝐮𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧𝐋𝐞𝐭’𝐬 𝐭𝐚𝐥𝐤 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞𝐬𝐞 𝐞𝐦𝐨𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐡𝐨𝐰 𝐭𝐨 𝐝𝐞𝐚𝐥 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞𝐦? 1. 𝐄𝐱𝐜𝐢𝐭𝐞𝐦𝐞𝐧𝐭When traders are going in your favor, it’s natural for you to be excited. We all love to see “green” in the account, but here’s the problem with that: when traders are going in your favor, you may be too excited and take on more risk. You get overconfident. But don’t forget, “things always turn out for the best,” but that’s when trouble starts.So please be careful when you experience excitement because it quickly leads to overconfidence, and the markets like to show overconfident traders who is the boss.2. 𝐆𝐫𝐞𝐞𝐝Greed can cloud your judgment, making you take unnecessary risks in pursuit of higher profits. It's crucial to set realistic goals and stick to your trading plan. Avoid chasing trades solely for the sake of maximizing gains.Remember:- Be content with consistent, manageable profits.- Greed can lead to impulsive decisions, so stay disciplined.- Focus on the long-term success of your trading strategy rather than short-term gains.3. 𝐅𝐞𝐚𝐫Fear is a natural human emotion that we all have. In trading, it’s easy to let fear take over because you can see your profits diminishing in front of your eyes.The problem with fear is, your mind goes crazy because you’re already thinking about how bad your trading account will be when you realize all these losses.Here is what you should do when fear takes over:-Step away from the computer. -Shut it down! -Go outside. -Do something else.-Take some deep breaths and relax.Do not panic, this will cause you more harm than anything else!#4: 𝐀𝐧𝐠𝐞𝐫It’s easy to get angry at the markets because it’s so unpredictable!You may have experiences like:Huh, I sold it, see what now, market has recovered. I could have held it. If you don’t know how to control it, it will lead to revenge trading, which is far worse.𝟓. 𝐅𝐫𝐮𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧Frustration arises when things don't go as planned, and it can impair your decision-making. Instead of dwelling on frustration, take constructive steps:- Analyze what went wrong.- Learn from mistakes to refine your strategy.- Accept that losses are part of trading and an opportunity for growth.- Maintain a positive mindset and adapt to changing market conditions.Keep in mind:• Markets don’t know you exist• Markets don’t care who you are • Markets don’t know if you are in a winning or losing trade.• Markets don’t care if you get angry.By addressing these emotions with practical steps, you enhance your ability to navigate the complexities of trading successfully. #WOO/BTC #crypto #BinanceGuide        #btc     #EducationalTrading