#TradingReviewShare#

1. Recognizing Market Cycles and Being Patient
The crypto market is highly volatile in nature. In 2024, we have seen both big rallies and sharp declines. Price movements, especially after the Bitcoin halving, require investors to be patient.
Lesson: Avoiding panic selling and acting on market cycles pays off in the long run.
2. Not Getting Caught Up in FOMO and FUD
Recently, many investors bought at high prices due to FOMO (fırsatı evasion korkusu) and panicked selling on sharp declines. Likewise, when the wave of FUD (korku, uncertainty, şüphe) came, there were those who left the market early and missed out on earning opportunities.
Lesson: Set your strategy, don't trade with sudden changes in emotion.
3. Risk Management is a Must
Recently, we have seen traders who use high leverage suffer huge losses. In a volatile market, leveraged trading can lead to big gains, and wrong predictions can lead to big losses.
Lesson: Use stop-loss, risk your entire investment, and control your leverage.
4. Using Technical and Fundamental Analysis in a Balanced Way
In the crypto market, it is important to act not only with technical analysis, but also with fundamental analysis. For example, ETF approvals, regulatory developments, or large investor movements can seriously affect prices.
Lesson: Technical analysis alone is not enough, it is also necessary to follow the market news and the strategies of the big players.
5. Manage Your Emotions and Be Planned
To stay calm in the crypto market, these methods can help:
• Strategize ahead of time (kar koyun) buy and stop loss levels from the beginning.
• Do not trade emotionally (panikle stick to the plan you have set to avoid kalın) trading.
• Create (çeşitlendirilmiş) diverse portfolio (tek kalmayın) tied to an asset.
• Gain long-term perspective (günlük odaklanın) to the big picture instead of fluctuations.
Risk Management: In the crypto market, there can be huge losses as well as big gains. Most failures are caused by trades made without adequate risk management strategies. An important strategy can be to reduce your risk by starting small positions and diversifying your portfolio. Furthermore, using stop-loss orders can help you avoid large losses.
6. Emotional Control: Sudden fluctuations in the market can force investors to make emotional decisions. This can lead to emotional reactions, especially panic selling or "FOMO" (Fear of Missing Out). Successful investors are those who can stay calm in the ups and downs of the market and maintain balance emotionally. Therefore, in order to remain calm in the crypto market, it is important to set a strategy, stick to your plan, and act based on sensible analysis rather than emotional decisions.
7. Research and Education: Conducting regular research is essential to understand the changes in the market and create a solid investment strategy. Taking a deep dive into projects and coins, understanding the technology, team, use case, and other factors before investing can help you avoid failures.
8. Short-Term and Long-Term Perspective: The crypto market can be extremely volatile in the short term. Trading short-term can be risky because it is difficult to deal with sudden price movements. Instead, having a long-term perspective and investing in strong projects can increase the likelihood of more stable earnings.
9. Seeing Positive and Negative Situations as Opportunities: Instead of panicking during market downturns, seeing opportunities to buy at low prices is a strategy learned from failures. Also, successful investors can be cautious when the market rises and know how to exit at the right time to secure gains.
10. Resilience: Frequent fluctuations in the crypto market can lead to stress and anxiety. However, developing psychological resilience can help you be more successful in the market. This includes dealing with losses and not developing overconfidence when you take profits.
You should evaluate all these before trading and try to protect your portfolio and increase your earnings with the right trades at the right time.