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One of the hardest habits to break in crypto trading is not managing risk. It is managing your own conviction.
Yesterday my analysis told me the market looked weak so I opened a short. I even posted about it.
Then a massive KOL with a huge follower count posted a roaring long your longs tweet. Out of pure authority bias I second guessed myself and closed my position.
Today the entire market melted. I was completely right and the expert was dead wrong.
Most of the time your own charts and data are better than a mega influencers engagement bait. You cannot quit this app because of the news speed but you absolutely have to mute the noise. Trust your own edge.
#Cryptocurrency #Bitcoin