In my opinion, a person who becomes aware of the environment and knows the harms there, does not panic and get emotional in any unfortunate situation; However, the uninitiated can easily fall prey to it.
It takes time though to become fully ready and prepared for the stressful environment outside.
Same with trading, it takes time for these traders to know how to adapt to any given market situation and trend. One should not stick to a single or few strategies even how effective are those since the crypto-market behaves unexpectedly and sometimes, gives us a surprise the moment we wake up.
Fine to lose at the start, fine to being carried away by emotions, sooner or later, once experience builds up, a trader will know how to deal with their emotion and even amid pressure and lose, they can still bounce back and goes back in the game.
The crypto currency market is a volatile market, it never goes according to our will, we have to go with the market trend. One should not stick to a single strategy but as per market trend we have to adopt some effective strategy. The market may go against our strategies. It is not necessary that every strategy is successful, but still we have to come out of difficult situations in some effective way.Sometimes we have to settle for a small loss to save ourselves from a big loss
In the initial days whenever we go into any field we may face difficulties. This is a natural process because we are not aware of the environment, and it can cause us harm or difficulties, but with time and experience we learn the art of coping with our emotions, our failures, our mistakes or losses. We know how to deal with these situations rather than harming us in this stressful environment.
