Market and Fear

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1 year ago

The market, whether it is the cryptocurrency market, the stock/share/forex market, or the futures market, is linked to risky assets and commodities with a broad range of price fluctuations.

FACES OF FEAR

If a person do not buy any promising asset/ commodity in time, then the person suffers from "FoMO (Fear of missing out)".

If one has to buy, then the suffers of the problem of "FoBO (Fear of Better Options)" among multiple options will happen.

If the market movement does not does not go as per expectations (actually market hardly goes as per expections), then the person will starts cursing self for taking the wrong decision, and will suffer from "Decidophobia (fear of making the wrong decisions)" for the future.

UNDERSTAND THE RISK

Because the market is full of risk, there must be a fearful atmosphere. A good trading experience necessitates a fear-free atmosphere (itcannot be risk-free, but fear-free), and it is critical that if you are not a professional trader, you invest just what you can afford and see market investment as a "game." Take out the investment at the price at which you set your aim at the time of investment, just like spot trading. When you create a brave environment for yourself, act like Warren Buffet or Changpeng Zhao.

RISE ABOVE FEAR

Fear is nothing, it is same as going to Exam and fearing the result. Just like one must have to study hard for qualifying, one must built a proper strategy for gaining in the trade.

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