Veteran trader Charlie Burton gives tips on how investors can manage their emotions in bull markets and the importance of sticking to a defined set of trading rules.
2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high at $64,863, and the DeFi and NFT sector made headlines around the world. Crypto traders need to be wary of times like these because the notoriously volatile nature of the cryptocurrency market can see vast fortunes wiped out in a matter of hours or days once the trend shifts. According to Charlie Burton, veteran trader and the co-founder of Ezeetrader, this is when it is important for every trader to have a defined set of rules that they stick to when emotions begin to run hot because “we are all fallible, flawed human beings, especially in front of the markets.” Burton said, “We are naturally influenced by greed or fear to one propensity

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Źródło: https://cointelegraph.com/news/veteran-trader-explains-when-it-s-the-best-time-to-cash-out-of-the-market