According to Miles Deutscher, a crypto analyst with six years of market experience, the most difficult aspect of cryptocurrency trading is managing the persistent psychological conflict. He states that when the market pumps, traders often feel they don't own enough, sparking a Fear of Missing Out (FOMO). Conversely, when the market dumps, a feeling of being overexposed and fearful takes over. Deutscher highlights that these emotions are a constant challenge, even for veteran traders, underscoring the critical need for emotional discipline and a robust risk management framework to navigate market volatility.