The situation

So it seems alt season has ended , bulls are resting and bears have wake up from their winter hibernation with great hunger the result of this circle of life is to make our profits be hidden in the bushes or got eaten by a beast!

Your situation

Scenario A) You have already taken your profits and you are already in vacations ! Well done!

Scenario B) You are 50-50 taken part of profits , still watching the market , still your positions are unbeatable !
Solution: Cash out your short term high mcaps maybe maybe your mid term bags also , just stay with your longs and watch it burn ! Better safe than sorry!

Scenario C) You are in deep shit , you have buy-in high & already with 50% loss
Solution: If you know what are you holding and tracking the progress of development , news, trends etc. continue loading your bags all the way down till you find the bottom! You shall be rewarded ! Holding a total shitcoin is excluded !

pep talk

Every trader / investor is or at least thinks different from the others. He believes that he is able to evaluate fundamental and facts, always acting on a mature thought, that he knows the market "tricks" and the dangers. However, a systematic scientific study of trader / investor behavior shows that everyone is moving on the basis of certain common rules.

Each investment move is the result of a decision making process that involves a wealth of psychological related data. Some of them are common to everyone. But they are directly related to personality and character.

"Most investors are unaware of the psychological and emotional dimension of investment decisions, so they often fail to explain and justify them." Kim Cramer Larsson, technical analyst at Saxo Bank, said in a presentation on "Behavioral Financial & Technical Analysis".

As he said, all investors / traders feel about being "specialists" on the subject and listening to what they want to hear. There are thousands of information on the market. They choose not to process the information they do not like.

And because they consider themselves "experts," they do not change opinion easily , even when there are events that contradict their views.

The worst part is they are convinced that they can defeat the market with their knowledge and skills. They believe they always have good and adequate information, which puts them in a position of supremacy over the other "players" of the market. They gain so much confidence in themselves that they inevitably fall into repeated mistakes.

• They get bigger risks when they record losses from an investment.

• They invest additional funds in a stock that writes losses in order to lower the average purchase price.

• They pay close attention to the first information they are learning. They then process all the further information, but they make decisions by giving great weight to the first information.

Surveys show that the more the investor loses a placement, the more risky he gets.

Usually, when it loses some placement, it changes its investment horizon: It postpones the liquidation, hoping that the recovery will come quickly and it will break even.

Another common behavior of investors is that they try to avoid the negative feelings caused by the damage. That's why, when they place a loss on them, they throw more money on it, lowering the average cost of ownership. Thus, they can claim (themselves and others) that they have reduced the (per cent or per share) loss and can more easily cover it.

Investment psychology and discipline

It needs discipline

90% of this advice is that all of the above is understood. The trader/investor should keep an investment journal. This helps him to think more clearly and learn from his mistakes.

The investment horizon should not change

Investors should be disciplined about their coins price targets and not change their strategy without real reason.

«Kill Your Loved Ones»

Investors should not "fall in love" with an investment simply because they see a company or products-services that it produces.

Love your losses

The trader must learn to "love" his damages. An important "asset" is to be able to close positions with damage when the market (or the specific stock) goes down and does not postpone it, hoping in vain to some recovery that will save him from the damage. This alone can make a big difference in terms of profitability and return on placements.

Let the profit run

When their coins go up, traders typically earn much less profit because selling early . On the contrary, when they fall they let the damage grow.

-Rouketas

Always remember to DYOR and have patience and discipline