Emotional management is highly prioritized in interacting with all aspects of life, including investing.
The level of emotion maybe in Bitcoin investment can be a little controlled except for those who don't really understand how Bitcoin works when faced with a situation where the direction of the graph continues to stay down for a long time.
Why do many invite them to switch to long-term investment in Bitcoin, because it can minimize the level of risk besides Bitcoin as the best hedge.
All levels of emotion in investing can actually be recognized, but back to the user himself.
As you said that emotional control will work well for those who already understand how they manage the investment as in Bitcoin investment.
There will be no panic that will destroy all investment strategies that have been made.
When the price of Bitcoin continues to fall it will not make people who understand panic.
In fact, it will be a repurchase to increase the number of assets that will be held in the long term.
Long-term is the best way not to be too affected by unstable emotional levels.
People will be calmer on long-term investments because their targets are still long enough to achieve, so there is no too high emotional turmoil.
Many people have ignored Bitcoin when the price was still low, but when seeing the development of Bitcoin until now regret occurs again because they are not one of the investors who have been successful in the crypto world,
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It has become a common sight.
Just look at how when Bitcoin reaches ATH, many new users will start entering.
But when bitcoin is still at a price that is quite affordable or can be said to be down to
-70% they don't try to enter for the reason that it won't rise and continue to fall.
Those who enter at high prices are affected by FOMO and it will really hurt them if they are unable to hold it.
