Effective crypto trading is almost completely based on rules and systems.
Here are a few of the key benefits that having a system brings:
First, a system takes all the emotions out of your trading.
Second, a system minimizes the number of decisions you have to make as a trader.
Third, a system is an effective way to make sure you learn from past mistakes.
The 2 main emotions we talk about in trading psychology are fear and greed. Fear scares you away from making good decisions, and Greed makes bad decisions.