Veteran Charlie Burton explains when is the best time to tap into the market

He represented a year 2021 An arduous journey to the cryptocurrency market, where I was shocked Bitcoin Reject it by setting a new record at 64863 dollars, and exports a sector DeFi And Non-fungible tokens NFT Newspaper headlines around the world. As the market grows: US Treasury discusses regulation of stable coins Cryptocurrency traders may need to be careful at such times as the notoriously volatile nature of the cryptocurrency market can see massive fortunes disappear within hours or days, once the trend changes. According to Charlie Charlie Burton Veteran Trader, Co-Founder of Ezeetrader It is important for every trader to have a definite set of rules to abide by, when emotions start to run rampant, because we “We are all fallible, flawed human beings, especially in front of markets.” . where he said:

“We are naturally influenced by greed or fear because our impulses and tendencies are mixed, so we desperately need some simple rules, but I would also say that a lot of perceptions, is a good thing.”

These rules may include, many things such as the percentage of the loss, which investors set a stop loss, the maximum percentage of the portfolio, which one will allow to place on any trade, and the presence of specific sell orders for the investments. Cryptocurrencies are witnessing a decline in their market value and a new move for NFT Burton:

“What's important is a lot of self-talk. If I take this deal now and it doesn't work, will I be upset with myself? It's a great way to help prevent me from jumping into trades I shouldn't be in."