Trading Cryptocurrency Beyond Emotion.

Cryptocurrency trading, is a craft that entails buying, and selling of digital asset, at a certain price value, considering some factors, at a point in time, for profitable outcome.

It is an operation that can be carried out via one's mobile device, touch pad, laptop, and as well desk-top computer.

Since the advent of cryptocurrency, we have experience the emergence of many different type of cryptocurrency over time, which was birth from the same concept of block chain technology, being born in line with the mother cryptocurrency, known as bitcoin. Although, over time, it has eventually given room to all sort of diverse system of approach toward Blockchain technology, and cryptocurrency, in their varieties.

With it, the avenue for individuals to trade independently from their comfort zone have eventually becomes the order of the day, through the help of various exchange platforms, such as; Binance, Coinbase, Robinhood, Luno, and so many other platform that created such avenue, unlike the normal conventional ways through which fiat currency, and stocks are being traded.

Over the moment, this has given many interested individuals the chance to acquire the knowledge, and skill of cryptocurrency trading, which have lead to alot of individual trading their choice cryptocurrency coin or token personally.

When it comes to trading, there are various level of trading, such as;

• Day-Trading: This is the ability of buying, and selling of one's chosen cryptocurrency at a certain price value, at a specific point in time, considering some factors that avail one the chance to buy, or sell, for profitable outcome, at each moment of the day.

• Short Term Trading: This is the ability of buying, and selling of one's chosen cryptocurrency at a certain price value, at a specific point in time, considering some factors that avail one the chance to buy, or sell, for profitable outcome, at a given period, which ranges from days, to weeks.

• Long Term Trading: This is the ability of buying, and selling of one's chosen cryptocurrency at a certain price value, at a specific point in time, considering some factors that avail one the chance to buy, or sell, for profitable outcome, which usually last for weeks, and months.

When it comes to cryptocurrency trading, many have attested to profit making, while at the other hand, alot of traders kept crying foul play, maintaining the point that the market has been unfavourable. However, let's not forget that it is the same market alot cry foul play on, some other trading kept making daily, weekly, and monthly profit from, right from their day-trade concept, to the short term, as well as long term approach to it. The differences in this regards now boils down to their individual level of operational approaches within, and outside the market.

The point is, many loose out due to the fact that they lack the discipline, even when some possesses the knowledge and skill. It is one thing to possess the knowledge and skill, it is another to possess the discipline, to navigate the market in the right manner.

Those who lack the discipline are those who trade based on emotions, although, at first they kick-started the market with the scope of the knowledge and skill, but when likes of the dip "bear" or "bull" kick in, they easily get lost by being too emotionally driven, and at that level, such will eventually lost, as the emotion will override the part of knowledge and skill, and at such level, one doesn't make return, or profit, for being too emotional, rather, it is by skill, and the right knowledge, in a disciplinary form.

This is why it is very important for one to understand the difference between being skillful, knowledgeable, and as well disciplined, because by understanding the aforementioned, and applying them judiciously at the needed point in time, then, one is bound to excel in the craft, and such will help such individual master the craft of trading, at any level, for a progressive outcome.

Let's not forget that discipline in anything one does in life, help alot in yielding result alongside the right knowledge and skill, in that specific field. This is why knowledge, inline with discipline will always remain a key factor for greater development, and not emotions.

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