3 Mistakes to Avoid When Bitcoin Is Going Down

How to make sane decisions when Bitcoin is making insane movements

Reza Jafery
The Startup

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Trading or investing in cryptocurrency is a psychological war against yourself. Stock traders often say that investing in traditional markets requires extreme mental discipline.

That discipline is how they control themselves when the market is volatile.

How they stop making stupid decisions and keep on track with their strategy.

If traditional trading requires extreme discipline, crypto requires the mental fortitude of Jedi. The crypto market is more volatile than any market the world has ever seen. You need to be the emotional equal to Yoda meditating on top of a mountain during a meteor shower.

Yes the world might be ending, but it’s all good, you’re hanging out on your mountain top.

Photo by Ian Stauffer on Unsplash

Your fortress of solitude.

I’ve been in this space for a few years now. I started off as an investor but fell deeper down the rabbit hole. I work with an accelerator helping token sales, and recently joined the team of a project I fell in love with. I like to think this gives me a comprehensive understanding of fundamentals at play.

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Reza Jafery
The Startup

Ops @ PubDAO / Community @ Reflexer / Product @ Decrypt. Trying to change the rules and create a positive sum game.