Did you know that scientists have linked financial loss with feelings of fear and pain in the brain? Plus, when individuals experience financial loss, the brain takes note and remembers to react strongly to similar future events.
That is why investors tend to make irrational decisions in the bear market, and even repeat the same mistakes in the future.
In this video, let's look at five common mistakes to avoid during a crypto bear market. Look out for mistake number five, you might be making it unknowingly.
Timestamps:
00:00 Intro
00:38 Mistake 1: Panic Selling
02:00 Mistake 2: Time The Bottom
04:26 Mistake 3: Leaving Crypto On Exchanges
05:10 Mistake 4: Leveraged Trading
05:58 Mistake 5: Ignoring Your Mental Health
06:55 Outro
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#bearmarket #blockchain #web3 #crypto #cryptocurrency #bitcoin #ethereum #cryptocrash #marketcrash #marketcrash2022
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