🤔 Very few people seriously think about this answer.

🚨 Psychology is very important in life, not just in Crypto.
Buddha also taught: "Heaven comes from the mind, hell comes from the mind". Psychology is everything we feel about life. Happiness comes from it, suffering comes from it, lack or fullness comes from it.

Any Trader, too, experiences almost all emotional frames. The psychology of excitement and joy when continuously winning trades, sadness and depression when suffering losses, getting SL, panic, fear when just burning the account and owing people a large amount of money.

The market is still the same, it has been running like this for hundreds of years, nothing new, so why is our psychology affected so much! It is because we expect too much from this market.

🚨 Young people, after winning a few hundred dollars or a few thousand dollars, start thinking, just like that, why do I need to work, I will get rich quickly. Middle-aged people or older uncles and aunts think: from now on, the family's economy will be less burdened, for the first time in many years, I have seen that I am good at one field, and from now on, everyone will respect me.

Then just 1 month later, when they start burning their account 1 or 2 times, and the orders keep going wrong, they will start to panic because their expectations are too high and don't happen, so they will have an extremely panic mentality.

🚨 If anyone sets up a camera to record themselves while trading, and then looks back, they wonder why they are so "crazy". It's like watching the sunrise every day, but each day you have different emotions. One day you feel full of energy, one day you cry, one day you laugh alone, one day you lie down and don't want to get up, one day you want to destroy everything. So is it because of the sunrise? No, it's because of yourself.

The market is like the sun in the sky, we have no way to make it change according to our will, let's get rid of the thought that if we analyze it like this, the market must go exactly like that. Let's respect it, follow its instructions, we will get better slowly.

📣 In short, psychology is everything you feel about the market in your own way, extremely important.

#MarketDownturn #BTC☀