Bitcoin Forum

Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices.
But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.

When market conditions like this are necessary for us to be careful in trading. This could be a trap that will get us into a trap if done with explosive emotions. Investments must prioritize analysis and patience. For now, long-term investment choices are not appropriate in my opinion because prices are in an increasing condition.

When the coin is going up, we should notice our emotions and keep calm, so as not to be too greedy and reduce profits.

correct without certain planning it can cause panic selling at the very low price when it comes trading, so always bear in mind to make a good strategy and don't be hasty to place order especially if you saw that the price suddenly decreased because its just a part of the volatility, wherein make sure everything will be gonna be fine afterwards by making technical analysis and etc.

Dont follow your emotions, always remember that before making decisions ..

Even if you have an easy plan, if you encounter truly unforeseen circumstances, emotions should be ignored because the reason in the head has lost control. And when you realize that these things are due to the process of repeated experience with the market will bring a stable mentality, so just continue to act with instinct and feel for yourself what it is useful for.

long term holding has nothing to do with trading plan. you need trading plan if you're loking to make profit in the short-mid term. if you're holding for years then there is no point on looking at daily chart. on top of that, if your token are trash then there is no way you can get some profits. it's just wishful thinking.

Emotions and psychology must have good control as long as someone trades cryptocurrency in any time and condition, if there is no control, then don't trade in cryptocurrency and take that capital to open a shop in real life, because it's much better and saves money his life.

As long as you are believing in your analyzation and then emotion can be controlled easily. In my experience, if people have various targets to trade in the market. When you were holding it for the long term and then you will sell when it reaches a good price but when you have become a long-term hodlers and then you must forget what you have been holding.
This sounds ridiculous but so many people have become millionaires caused by this as long as you were holding legit assets.
Emotion must be controlled to make our trade to be a successful trade because the volatility can also give impact to our emotions.

In my opinion, there are two emotions that we most often feel, namely fear and greed, and of course this affects our profit or loss in trading, if we are afraid to lose, usually we will actually lose more, because we don't dare to cut losses and continue to hope for movement the price will reverse direction, but if it turns out that the price continues to fall, of course the losses we experience will be greater, so according to him we need to know the right time to cut loss or not by doing the right market analysis.
 in addition, greed is an emotion that can also affect our trading activities, in fact we must be disciplined and committed to the profit targets we have made before trading, For example, when the profit has reached the target, immediately close the position and exit the market and don't become greedy and violate the profit target in order to pursue higher profits because market conditions are difficult for us to predict.

You have all of those but in the end, you'll still be having bad experience due to the situation that you have to deal with. Even the best traders do also feel panic and they cannot contain it.
No one is exempted with that when you trade because it normally happens whenever we see the market isn't in the shape that we want to see.

Able to control or manage your emotion will help you too to make you stick to your plan, like in trading or investing, you have a goal like a price target for a specific date or time, then if you stick with it, you may be able to achieve your plan.
Cryptocurrency is extremely volatile asset, that's why your emotion here is also your enemy.

First, at least we must know what we are doing onn why do we need to invest and why do we trade. Trading is not that simple because the market is already a complex one with the continuous fluctuation of the price but at least if you know what you are doing then you can make a decent profit.

Controlling our emotions while trading is important because everything affects down the line. But once you do, you'll be able to make another decision based on the TA that you did.

Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves.

even here emotions become the biggest enemy to determine success. usually what happens when we have planned a strategy and emotions sometimes mess it up, when the target has not been achieved we are afraid the market will come back again, or vice versa when we have to cut losses but because we are emotional we let go, and end up losing more

Emotion is nothing if you know what are you entering and investing because look at the situation when you are already here in market for long years , knowing the value of bitcoin is fluctuating but constantly moving up in the future.
would you still feel the panic of emotions? nope because you already knew this will come and what will happens next, unless you are a stupid investors that knowing nothing for long .

In this matter, it is better to control our emotions in trading and to invest so we do not panic (it is the important thing that we must prevent). Many people lose control when the price jumps down to the low price and do not know what they need to do. And losing your control means you will have a chance to make a profit.

If you have good control over yourself, you do not have to worry about greed because you can prevent the greed from becoming bigger as you know how to manage your emotions. When the greed can reduce, you will know when the right time to sell your coin and make a profit.

I discussed this with many different crypto investor friends and we all realized emotions drive us hard. For example I only invest into coins when I am in good mood. Not because I make more. Most of crypto investors are greedy and lose money investing into leverage.
Some people wanna make money all the time so do "get rich quick" type of investments and lose a lot at once.

Long term investment really help people who easily panic when doing daily trading. For people like me, if doing long term investment made me not too much seeing market. Maybe only news from other traders about price. If too much open market and seeing price, sometime it made us afraid if price dumped or maybe made us not be patient why price not increased that can cause we sell our assets early.

It depends what tokens are you holding though. You can hold your rug pulled project to the end of time and get nothing from it, no matter what you plan was, it's pointless to hold if the fundamentals change. So always double check the fud, even when it isn't real, it often affects the price trend, especially in crypto.

Going forward with the concept of greed is a very bad thing and will cause everyone to be harmed by their own actions, so it is still better to retreat than go forward with greed, because that is not a good thing to do.

Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.

As even you already have good experienced but there's time that this emotion still controls you and lead

you to lose your opportunities.

There are traders who suffer from this mistake, thinking that everything was on plan but along the ways changes due to emotion and greed

instead of quitting they tend to push forward they will only realize the wrong doing when they already lose their money.

Not just in trading or investing emotions is involved, but even to all actions that we have done, emotions there are still involved. So it's very hard for us to trade without the emotions in it since it will always be our best enemy that's so hard to fight with. Even those experts in trading are never excused from battling from their emotions so as to come up trading successfully.

Greed is something that we should learn to combat with once we are into this kind of industry. As long as its always present, it will never help us gained the profits we work hard for. But instead, it will be the cause of our losses that we traders are always afraid of.

But don't forget to follow the updates the coins that you invested with. Because if not, you will be surprised if the project has been abandoned already or their site is already gone. This happened to so many alts so you need to keep up with their developments.

Also, in terms of trading, once you execute your trade, move on, don't check again and again if what you did is right. Because you will go crazy if you will do that, especially if the coin's value increased after you traded. I learned my lesson on that part.

Yes, that's how it should be. You're not weak if you know when you have to retreat. As for holding, it do matter that you have complete faith with what makes you hold even if you have to retreat. But sometimes, yeah, it should be the solution for you to take some time and have a rest.
Go back when you think you're stronger and you can manage to beat your emotion.

Well it's definitely a battle between your mind and heart and if you only follow your own emotions, then it will never lead you in a positive way but more likely end up losing. This is why we traders and investors should separate our emotions from our investments so we can have focus and determination on the goal we have set to achieve.

But this is just easy to say but hard to apply when you're in the real scenario. You will still gets affected with what your emotion says and there's nothing we can do about that but control it as much as we can. Even the legendaries here still share the same feeling and there's no one here will be excused to that. So definitely self-control is the hardest thing to do.

There is no wrong when retreating if you know what you are doing.

Our emotions must not intervene in our trading or investing strategy , because our mind must control of everything specially if we have plans in what we are doing.

Trading for daily basis is far from buying and holding.
so we must know where to stand, if we will be a trader or will be a Holder.

Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing :)
You need to be more careful when making long-term investments, you should constantly follow the updates

Of course we may not be able to make the right decisions when our emotions are not controlled, which will make us suffer losses. In investing or
trading it is very important to control emotions, because we need to do analysis before making decisions, if our emotions are not controlled will make
the analysis results are not optimal. It's not easy to control emotions sometimes for some people it takes a relatively long time to really control
their emotions. But controlling emotions does need to be done gradually and with time we will start to get used to controlling our emotions.
As long as we try nothing is impossible.

I think panic itself will cause us to lose and things like that must also be realized.
whether we make long-term or short-term investments, we still need to be careful,
we must be able to control the panic within ourselves

Many people sell in a panic because the price starts to go down and do not think that the price is making a correction and they need to be patient for a while.
They did not see the chance to accumulate more amount when the price is down instead of the following panic in the market.
When it comes to the investment, they need to have patience and have the other things that can help them avoid thinking about the price moves.
We really need to manage our emotions and not just listen to the news that we do not know if that news is real or fake so we can keep the investment until the time is come to sell the investment.

We cannot be separated from our emotions but we can control it. I sometimes feel that I cannot control myself so I act as if I'm doing something forcefully just to take out what's inside of me.
I know that seems to be odd for some but when you're emotional with something and you cannot control it anymore, you tend to do things just to put your emotion into it instead of letting it stay inside you.

But depend on your capacity to keep the coins mate because others are just leaning for their income in short period of time.
and when the market dumps for a  day or so they are already panicking because they have no other resources to take funds for living.

It's true, emotions must always be separated from any trade, because Emotions are not a good solution for all jobs, because completing work is not with Emotions, moreover everyone has specific targets to achieve their own profit goals.

That is why before you decide to trade or invest in any investment, you need to make a plan and try to stick with that to minimize the risk that can happen later. When you decide to invest in crypto, especially bitcoin, you can just buy and forget it for a while and not watch or monitor the price every day because that can make you panic and forget your plan. If you can manage your emotion, you will calm down if the price fluctuates or getting down because you will hold your coin tight.

Holding token is not always proiftiable if you fail to enter on the right time on the market .I think we just need to invest on the top coin where holding can help us to get profit .If you choose the most new project to hold it will always test your emotion even can scam .So that we always need to choose the right coin first then hold our nerve for long time hopefully we will get profit fore sure .

In this market situations i will say stay away from the market and see what is happening ? Stragety is important in trading ,  don't be fear and don't lose your emotion while trading , trading is a skill first learn it how to trade ? Don't be lose and don't be greed .

Investors can buy and hold their crypto for a long time. But nowadays it's not possible to forget about the investment for a while. The market is highly volatile now. As example: I'm not afraid of the price fall, I don't have the plan to sell my coins but I visit Coinmarketcap several times in a day to observe the price movement. But day traders become afraid for the price drop. And there is no way to stop their panic. There is no problem to be panicked but we shouldn't sell our coins by being panicked.

I think to be a successful trader, the person needs to try as much as possible to put his emotions in check, although everyone in the crypto space needs to do so, but a traders needs it more than an investor, because a crypto trader trades everyday while an investor can invest and leave it for long term. Also, whether the person is both a trader and an investor, managing emotions needs to be taken with serious concerns else mistakes might be the order of the day, and while an investor can easily manage the mistake a trader will find that hard to do, because most mistakes made in trading leads to loss of funds or trapping of funds because the intention was to trade and not to hold, hence being a bagholder.

I completely agree that emotions play a very important role when you are trading or investing, this is why I have always thought that having emotional intelligence is very important when it comes to taking the right financial decisions, and the reason is very simple, the market presents very adverse conditions and most of the time the decision that your emotions want you to take is the wrong decision and you need to be able to overcome those emotions and still do the right thing.

And unfortunately this is not easy to do because as we know people have the tendency to be very emotional especially when it comes to their money, which is why very few people can succeed as traders or investors.

That's right, what the OP said. As a trader or investor in crypto, it must be able to stabilize emotions, because the crypto market is very volatile, prices can rise and fall quickly without being predicted. Even if a person's investment value is still loss-making, he or she will have to be patient to wait for his investment to increase. And this usually takes a long time. It could even be years. This is how the market situation and what kind of coins we invest in.

Maybe it was "emotions do NOT play an important role", I think that was how we picture emotions in crypto. This is really the cause of failure as this could really have a huge influence on our mindset and also on our plan.

Emotions lead us to nowhere, that really this meant and if we have this uncontrollable feeling, I'm doubted if we are able to survive in here knowing that this is the biggest enemy of us. Too sad to think but this was common to everyone and it was a challenge on how to control this and win against our negative emotions.

Everytime I tried to hold my coins and prevent dumping them, my emotions broke me a lot of times.
That's making me more exhausted once market started to collapse once there's price corrections. In order to overcome those situations, we needed to develop self confidence along with skills having research, analysis and other tools to help us generate a choice which nearly perfect.
Through we can't assure an accurate data, but at least we're trying to overcome several factors that leads us to stress and depression.

Its really a must to have plan when investing in crypto. The market is high volatile and the movement of our coins are unpredictable, it can turns up and down overnight, the reason why we should set aside our emotions when making a decision. Because if you do, you can commit a mistake of buying (because of excitement during bullish season) or selling (because of bearish season for having worries).

Thus, know what you're getting into, have concrete plan and strategy to follow in order to prevent committing mistakes based on your emotion on that particular situation.

Indeed. You need to have plans first before entering in cryptocurrency world. Proper knowledge and experiences also is very important in trading since through this, you will be able to learn a lot of things and earn huge profit. When you trade, you must also control your emotions because it will lead to some losses if you will panic especially when there is a pump of price. Stay calm and always believe in yourself. Always remember to manage your losses to avoid losing huge amount of your profit.

Yeah, we can not ignore the psychology role in trading as well as investing, especially in cryptocurrency world where coins can either increase rapidly or decrease significantly. Having a plan will certainly help you to control your funds and your emotions.

Times has an article about cryptocurrency investing tip which I find very useful: Cryptocurrency tips (and mistakes to avoid) (https://www.thetimes.co.uk/money-mentor/article/crypto-tips-mistakes/)

Trading demands more focus and good analysis so if you are bothered with your emotions, your trading might only fall into committing losses. As much as possible, before you enter into trading, prepare yourself and stay calm whenever the market suddenly crash along the way. It's a normal scenario but if you tend to panic and resort into selling your coins in a low price, that's the time that you will fall into a huge loss.

Yes, proper knowledge and various experiences might be a big help to make your trading successful but if you can't control your own emotions, it won't still make a positive outcome.

Preparations, even it took you a long time, are better than pushing yourself, risking your investment.

You should have the right knowledge to control your emotions. Having the right strategy in conceptualising all the possibilities while you are working in this business would help you have good decision making.
Right emotions with the right knowledge within the business that you are working with. Success always followed with the right system that you are using while dealing with your investment.

It's clear, and now it's clearly seen that market conditions have started to improve again although sometimes there is a small correction, but for those who like to hold in the long term, of course there will never be panic about it, because they have thought about it beforehand formerly.

I am doing the same as you visiting Coinmarketcap and if I see that the price fall too deep, I consider buying more so I can accumulate more amount. I think day traders can use the same way to buy more if the price is fallen and wait for a while because, in the next hours or days, the price will go up higher and that is their chance to sell the coin at a high price. But the day trader will have their strategy because some of them might still hold and not buying more as some of them do not have much money to do day trading. But if they are panic, that will not make them can see clearly the opportunity.

Panic selling has always been something that is within us, the only difference is how big our panic is, but other than that, don't forget about greed, greed and dissatisfied are also very common for investors, when the price of the coin has gone up very high, but they still don't want to sell it because they are still dissatisfied, and finally the market is bearish before they can selling it

Well it is easy to think about holding but if we are on it I don't think we can hold strong specially when we saw the price of the coin that we are holding fall into 90 percent from the price that we purchase it. I think it is better to fucos on controlling emotions and be more temperate and moderatien with regards to the market condition.

At that time of course our hearts will be turbulent, because that is human nature. many who figure it's 50% decline they can't afford to hold it, this is human, we saw when 2018 bitcoin crashed, and a lot of negative news that greatly affected the psychology of many people. the same thing is also experienced if we hold it and the increase has reached 100%, then our hearts will also be turbulent, because the profit is in sight

Part of being a human on having those kind of thoughts and perceptions into things on where we do normally react basing up on what we are currently experience.We are a fan of presuming or assumpting things on whats ahead or we do really expect for it to happen.As a human being then emotions would really turns out to be impulsive basing on the current condition.

You would worry when price is declining and you would feel of regret when you do sell off too early and you have seen the price shoots up even more. No matter what condition it is then it is really just normal
on having those kind of reactions.

Thing here is that you do know on how to handle it out and make back up plans whenever the situation you might be facing on.Be careful on not to drag yourself with rage
which might end up for you to be on that desperation kind of situation.

This is absolutely true, I remember the first time when I invested in bitcoin, my emotions were really tense, when the market went down, there was a strong break, inhibition also occurred.  Lol, after a while I got over that state.  For the panic-stricken nature, people usually lose control only when the price slips to a loss.  In that situation, just being patient will help the feelings get better.

Not all had managed to revive their positivity after losing their money, only just a few of them are able to face the real consequence while the others are then to quit. I almost got to the point thinking like that but as I realize that this was just a test ourselves and to know if we are capable enough when it comes to crypto investment. If we quit, we no longer recover our losses, why not give some time to do it maybe in the next time around it all be good.

But if you are ready in situation like this then Price dropping is a Heavens move for you because you havea  chance buying in discounted price again.

if you predicted that price will fall then you will sell before the drop and wait for a timing to buy again now with so much low value.

and this is not about panicking mate this is what we called strategy , "Buy low , Sell high "

Good trading is certainly based on sufficient knowledge. Trading requires structured management which we must pattern well. Human psychology emotions are natural, but if our emotions are put forward in investing, then the management that we have arranged for profit will be destroyed.

In coin trading, many mistakes are made in buying and selling with the emotional panic attack you mentioned. It should be known that if you are investing in coins, it is necessary to wait for at least 1 year for your investment.
You need to watch the coin you will invest in for 2-3 months closely and listen to the analytical comments. One of the most common mistakes is that the invested coin is taken randomly.
For instant trading, you must have a professional PC and max. Internet speed is required.

lots of profits..

Not all the opportunities we have been given a chance to take, sometimes we lost them. More often, those panic sellers will usually miss the opportunity to sell their coins at a higher price while those who have patience had been paid off.
Even we think that Buy Low and Sell High is a common strategy, however, there are times that we make it opposite "Buy High due to FOMO and Sell Low due to panic". In general, it was really hard to make it perfect especially when we are controlled by our emotions plus the volatility of the market.

Emotions are the reason why most market participants don't make any money. They are attached to their money and don't want to lose it. The issue is that its this fear which makes them take profits early OR take losses way too late.

If you trade demo or if you back test some strategy you will see how easy it is to make money using a simple method. Whether its horizontal support/resistance, moving averages, RSI, Fibonacci, etc.

However when you put real money into the game, all of a sudden it becomes difficult. Why is that? Well its because money is involved and that is what is causing fear and greed for most people and thats how they lose money.

If you can't play the game right, you would really face some big problems.

Learning to control your emotion is very important and it's also necessary to understand the market movement as you are just likely to fail in the long run if you don't keep yourself updated of what is happening in the market. when you see there's high volatility and there's a pump and dump, you should get yourself used to when seeing people panic and do the right thing which is to do the opposite of what they are doing.

Emotion is one of the hardest things that you do need to control off specially dealing with a very unpredictable market or whatever you are engaging specially if it do involves money or simply investment in general.

You should be aware on how you do react and how you do handle up yourself because not all would really be that good on handling their emotions which do really ends up on a disaster due to impulsive kind of
decisions.

Once you do gain sufficient experience then you would really able to handle it out as long you do progress.

Holding token indeed gave us more potential profit if we wait patiently for a long period of time, but the risk and frustration will be worst. You don't know how the scenario will sustain, sometimes your asset dip so much and in fact my experience with my old tokens was really a night mare. It went zero value this time, just because of wrong mindset; without any further updates of the project community. Too much excitement leads us to loss of opportunity because of our emotions.

True, control your emotion, do not panic and it is important to know how to trade well and check the chart and know morw about the coins to avoid some losses.

Motion can really affect a trader or investor's faculty to think of the right decisions when the market price starts to shake bringing about fear of one losing is already made profits from getting minimized. Although it's very hard to control emotions especially if one is trading or using the money they can not afford to lose causing over thinking and which can lead one to make a wrong decision.

It is very necessary for one to make use of risk management and trading or investing plan to enable us to avoid unnecessary thinking or fear of lose when the market by price is ranging. Our emotions can lead us to make wrong decision if our mind is not prepared to take risk that can have both advantages and disadvantages to out output.

Well, if we let ourselves carried by our emotions, then it will not lead us into our goal but rather pull us down and commit mistakes again. Although  being emotional and even greedy when it comes to investments profits, is a human inborn but if we start controlling it then somehow we can minimize committing mistakes and losses.

For me, the best advice i can give is to set a target price when to buy and sell. If you have your plan and definitely your goal, then even if you are struggling to control your emotions but as long as you stick to your plan then you will never be in a huge loss.

Popularity tokens are certainly very good to hold because they can be very profitable, but if we have sufficient funds it may not be a problem, but if there are not many funds then we must give priority scale. because there are many good coins from all the coins circulating today, of course we hope that it is a coin with a very active trade that we need.

it's not bad for nft coins, but it's still too risky if we have little funds because the possibility to increase still takes more time, indeed I agree it's better for coins like you said which are the best top 10 rankings in CMC / CoinGecko only or those that are not risky obviously bitcoin and etherum.

Choosing to invest in NFT coins is considered high risk because the price is unstable even in the bull market, NFT projects will be analyzed in terms of detailed project development and assessment of the NFT content offered in their projects. NFT may be more suitable for short term trading but for investment then the choice of top 10 coins is recommended because it is certainty oriented even though the upward movement is not significant.

Working in cryptocurrencies does not need to bring emotions and panic, because in cryptocurrencies we must always have a strategy so that we can win by getting profits, so there is no need to worry about how much emotion and panic, because it is absolutely not needed in trading.

That target is the thing that makes the difference between a newbie and a veteran. I know that there are more things that makes a person a veteran, but as long as you do not have a target when you get in, you will always be a newbie. So, it is like all thumbs are fingers but not all fingers are type of situation where if you do not have a target you are definitely a newbie but if you have a target that doesn't mean you are a veteran.

When you get into any trade at all, any investment, any income bringing thing that means you need to know when you want to get out, even if it is a million dollars then you still have to know what you are doing and act accordingly, without that then you will always be running around not knowing what you should be doing and that will result with a loss 100% of the time.

Indeed. Emotions plays a very important role in trading. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. Controlling your emotions gives you a lot of opportunities in trading. But I also have seen a lot of traders that cannot control their emotions in trading just like they panic when prices started changing. They can't control their emotions and their greediness which lead them to losses. Newbie and veteran is totally different since veteran has lot of experiences which means they learn a lot of things on what they've experienced.

If you can put that in your attitude and heart then it is easy but we know that when this involves money ? everything will change because it is our hard earned funds so we the treatment will change and will always find way to make it safe even if we sometimes show panicking and stupid reaction, but eventually if you really want to invest in crypto then realization must be there that this currencies specially bitcoin will always bring profit in long term.

The FOMO of holding an asset like that makes it hard people to become a strong holder and that's not necessarily a bad thing. even in some investment had FOMO it is a good thing. If you have decided to become a long-term holder, you need special confidence dan faith in what we invest in.

it is very true, what is needed after investing is a belief in the chosen asset.
many cases of losses experienced by investors because it is easy to panic when dealing with extreme moving markets.
all of that can happen because they don't make good plans at the beginning of their investment. and most importantly is the emotional and psychological mastery of the trader or investor.

Stop looking at the markets every minute. Buy and wait for a couple weeks/months or even more than one year. If at that point it's losing and you no longer feel comfortable holding then cut it. I found myself losing a lot of money constantly watching the markets because I would try to catch it on the way up. Once I stopped looking at the markets every minute, I started to see gains.

If the coin or token you're investing in is solid, you shouldn't worry.

That you have the point mate but something we need to be aware of everything that happens in the market and to check is the only way to get informed. Because even you don't check the market every minute or every day, your emotion could still be there, you can stop that feeling. The only thing to do is to trust the coin that we invested. But if we are not in the comfort of doing it, emotions will surely rise and drives us to think negatively.

Talking about emotions I have experienced so much emotions that I am sharing now. predicting market situations emotions goes in so many ways that a person relate to emotion that he has genuinely. Like I have negative emotions then I always think if market goes down then what will happen.  positive emotionally man always think about price increases. This type of mind set and emotions goes through our mind

This is most of the problem because why people become panicking because of continues checking the prices and when the value fluctuate they are adding the emotions then it goes losers in the end.
never engage in crypto if you cannot managing your emotion because this will be the reason why failure will come your way.

I absolutely agree with you that trading psychology, good strategy and skills are the main part of successful trading. We should calm emotions and just follow the strategy. If we give up our strategy we are more likely to regret then. But if you follow your strategy and all the same you get losses, it is a signal that you just need to change something in your strategy.

sometimes people are still calm when making plans in their investments. but when you see the market moving quickly, that's what creates panic that can disrupt investment plans that have been made.
indeed everything you mention is very important. but to master all of them, will certainly take time in developing skills.

In short it would really be situational which i do really fully agree on this one.Emotion would really be varying on the actual situation you are into and there are different factors that do really affect your decisions or your views towards your engagement on certain investment or something in connection with these.

If you do tolerate your emotion and wont able to control it then you would really be constantly making out mistakes towards your trading or investment decisions which its a must thing for you to resolve
so that you wont really be experiencing any problems.

Emotions in trading and investing is the same as gambling. The same frustration is in gambling not to lose and to win. The biggest scare is when the coin starts to dump hard. I had a problem a few days ago that i couldnt sell the coin and i knew it was gone a drop and i didnt have enough to cover the fee too sell plus the fee was too big.

We're always that positive when we see the market is pushing above but if not, we're starting to have the mindset of negativity and that makes us worry and emotional with our investments in trades.
It did happened to me and it changes depending on the market situation but I just get used to it.

Why do you apply emotions to your work and why do you have to deal with emotions even if they are very sincere? I want to know a very concrete reason for you so that my assessment of the emotional will not be wrong, because any work that is based on emotions will always find destruction.

Basicly most of the people are copying strategy from the expert to expect the win on the game, following the trends or sharing the analysis between the traders. So, i dont think theres a people who always loss in the trade, except its the one that always speculate and have a bad luck speculation.

I dont see for it to be worth for you to follow trades for the rest of your life.It would be also good if you do follow first then later on then you would go solo trade with all the things you had learned when you are just still
following or copying someone not just on acting none and done nothing and also to think off that those traders arent that good and once you do lost a trade then you would surely took the blame.

Emotion is one thing and this would drive you out into some decisions that would really be resulting into loss if you are not careful enough.
Experience is the key and this cant be attained short time.

True, but i means just copying the strategy like 10% per trade from the total portfolio or how much percentage you should take profit or stop loss.
I know following any trades without knowledge would lead anyone to the trouble, i prefer to sharing trading ideas between trader. That will increase the knowledge and would give us more experience to do own trade.

Hodling tokens for years is really a big sacrifice, but how worth is it behind the value it got when perfect time comes. Based on what I had been through not all sacrifices will be paid with amazing results, sometimes you choose it over you emotions with the expectations of gaining much higher.
However, we can't beat the luck because future has been so unpredictable and we can't prevent those tokens to be out of lime light then became zero value. Our emotions is really vulnerable from hype and other good stories without realizing the future outcomes which brought us nightmares, that made you so down.

Emotions can have both positive and negative sides. but the most important thing is how we manage these emotions, lest we be influenced by emotions. so in my opinion prepare trading risk management before we trade and invest. This can minimize the risk of loss due to being trapped in the wrong emotional position

If there is a possibility to be trapped in the wrong emotions and the danger of being influenced by emotions that are not well controlled, why would you bring emotions into trading if it is clearly not going to be good and help your trading in the market?

That's true but there are some principle I have been applying recently that made me overcome fear while making investment.
Now this is how I does it; I create another new wallet, move out all my currencies which I planned to hold for long term. I print out my wallets public and secret keys and store most of them in my flash or external disk, then I will delete the wallet from being visible to me till the month or weeks I wish to look back to currencies I m holding.
By this you will overcome fear because you don't always view your wallets.

Good share in terms of minimizing your fear and panic won't push you to sell your asset during the dump session.

It will create more trust with your investment, and just adding, better also not to look to any exchange or any news site not
to be aware yourself of any updates from the market. With this kind of attitude, you'll be able to move forward.
Better to find other things to divert your attention and allow the cycle from market move on and passed the dumping season.

Fomo is only for short-term trading by targeting take profit when the Mainnet is released, if you follow fomo then there is no guarantee that your assets can rise after falling because the fomo trend only lasts for no more than Q1, you better choose top coins because there is still hope for assets will return even after the Bearish market.

that's right, FOMO would be right for short term assets. they new projects are used to doing it. but remember, having to hold it in the long term is too great a risk to dump after the rally is gone.
that's why people who sometimes get stuck in such investments are those who can't control their emotions well.

It is indeed a very common thing that happens to all humans when he holds a certain token and as long as he holds a good token, then there is no need for fear or excessive emotion in dealing with all the realities that exist in the market today.

Holding coins long term is also risky especially if you don't know for sure what tokens you are holding, so actually holding coins short or long term doesn't matter as long as you know about the project and have done your research beforehand.

Control or manage your emotions well to keep you on your plan, if you face any totally unexpected circumstances, emotions should be ignored for reasons in the head have lost control like in trading or investing, Cryptocurrencies are highly volatile assets, that's why Your emotions here are also your enemies. You have a goal like a target price for a specific date or time, so if you stick with it, you might be able to achieve your plan.

In investing or trading, controlling emotions is also an important thing and must be considered,
it seems easy but it's actually quite difficult to control emotions,
if you keep trying I'm sure you will be able to do it

controlling emotion is not only for trading and investing but this is a universal attitude we must have in life to succeed because those who is impatient is mostly becomes the loser.
because they dont know when to react or when to keep quiet in which mostly turns them into wrong decisioning .
know your limitation and know your right timing and you will see what good things coming your way.

The average person who applies holding in the long term is the person who chooses popular coins or coins that are in good scope such as those in the top 10 in the cryptocurrency rankings, they do this in order to minimize risk and also to protect the value of their assets when there is a market correction, apart from seeking large profits.

Cryptocurrency investments must be equipped with analysis and supported by patience. When we talk about Emotion when investing in cryptocurrency, just like a gambler who gets emotional when he loses. When emotions have taken over the gambler mind, he will find it difficult to think normally, thus making him risk everything even though at that time he was losing. Likewise with investing in cryptocurrency, The trader will be crushed when emotions are in control of his mind. Traders and investors must be able to control their emotions when market conditions are not good, try to be patient to get satisfactory results it will be a wise decision.

fundamental behind the project will be very important for us , we understand  what actually team build in the future.holding long term beside need proper research it also need strong mental to face market volatility which is could pressure to our emotion and mental. mastering in project plan will help us to take correct decision if something happen to project and market.

As long as you try properly and with a belief, controlling your emotions is not difficult, unless you often hear words from other people and are often provoked by nagging from other people that makes their emotions uncontrollable.

Is it weird that I could invest thousands into bitcoin, ethereum, bnb, and few others like that and I do not feel nothing about it. However whenever I invest into something that is very small cap then suddenly I start to feel so excited about it. I am very very good at controlling my emotions for the 99% of my portfolio, however one day I spend like $50 on some small cap and suddenly feel the jitters in my belly.

I know that it is most probably a project that will fail, I know that it is going to be horrible, but at the same time I feel like it is also quite possibly the reason why I get to retire at an early age in a great town with sea if I am right about it. Of course fifty bucks turning into 500 thousand is quite near impossible, that is 10000x increase and we nearly never get that, but what if I get a few of those? Then I am going to be really rich and could reach that life. I know bitcoin won't do that, nor will ETH but those small ones really excite me a lot.

We need to control emotions in our life because these can play very important role in all way and if anyone able to handle these very carefully then it's good for trading as well because some time we lost some big and its creation of serious problems which bring more mistakes so controlling them and doing better things in all way is very important.

Few peoples feel current crypto market is going to be worst in near future and investors have to take some good advantage about this is good but still we need to go without our emotions and just play all just which you can afford to lost.

We must know the details of the development of the project roadmap before we determine the potential coins that are worth holding long term, in short we are no longer in doubt on market conditions because the realization of the next quarter has the potential to pump prices higher.

Expect the unexpected because not all things you do presume would really happen in the future thats why dont anticipate much so that you wont really disappoint.Emotion is something very common aspect
that would come out because we are just humans and due to unpredictability of the market then these reactions would really be that in common thats why its important that you should be aware
of the different situations you would be facing on with this market because its way too random which you dont know on what would be coming next.

Until now, what coins do you still hold? because the bearish market conditions have not been completed and will continue in the near future because the potential for an increase in the price of each cryptocurrency at this time looks very heavy.

Invest in long term can be alternative if we can't control our emotion, i already experience it. Mostly in day trading i can't control my emotion and always cut loss my assets when coin that i bought dumped although a little. With long term investment, i rarely to see market that is why i am not keep to see price of coins that i bought and it made me more calmed.

That's right, the most important thing is that when starting trading, you must have a target so that we can achieve it without greed when the price is high and also have a plan for a certain time plan in holding a coin.
it is very difficult to control emotions because price movements continue to occur every time.

In this month the price movement of cryptocurrencies is very unstable and prone to more declines than increases in all cryptocurrencies so that many good coins at this time are still at a lower price than the previous one or from the price in the past month.

this instability can be used as an opportunity to profit from short trades.
like the correction that happened yesterday, and the pump today. what must be considered is the right time to enter and immediately sell when you get a profit. Don't expect too much with the market moving up. maybe we're stuck there.

Easy to say but would really be hard to be done because uncertainty and questions would really be having in mind like;

-Is it the right time to get in?
-Is this the bottom?
-Is this the reversal?
-Should i wait a little bit longer?
-Should i make some gradual accumulation?

For sure these are the questions that you would really be having in mind whenever you are tending to make out decisions
on buying back.

There is a saying "Buy when green, sell when red", that's the saying people get stressed. I agree, emotions must be controlled by looking at situations and conditions. Developing a successful risk management plan is to reduce your overall losses. For example, determining the type of trader and where the expertise is currently possessed. Try to remain patient when doing buying and selling activities, removing emotions from the psychological aspects of trading while relying on information in front of you such as prices, volume, news, and trends.

Emotions needs to be controlled if you don't want to lose your investment, it supposed to be the other way,
buy low and sell high is how things should happen for you to earn.

Having a good set of plan will allow you not to worry in any situation that the market will move.

Patience is always play a big role to succeed, not only with trading but also with other types of business.

If you have enough patience you can decide the right way.

Holding tokens does give us more profit potential if we wait patiently for a long time, but the risks and frustrations will be the worst. You don't know how the scenario will last, sometimes your assets go down so much and in fact my experience with my old tokens was really bad. The score is zero this time, just because of the wrong mindset without further updates from the project community.

Rapid fluctuation can turn gains into losses. So, controlling emotion when trading cryptocurrency is very important for trader.
To avoid the risk of loss, Trader must make a trading plan. Trading plan requires little effort, but has a huge impact on traders when trading crypto, and allows traders to control emotion perfectly. A plan can give traders both limit and target, these limits and targets make it easier for the trader to make the right trading decisions because the trader has a plan to pull back.

but if shitcoin being pumped then you need no skills but Luck only because one out of 100 coin is being choose to be pump and dump .
though this is very risky and you can only choose to find one in a blue moon.
put specific percentage to be accepted as profit and then go out, not the kind of looking chances as greedy investor because that way losing is mostly happen.

Never just invest in something that you don't really understand , that is the3 main rule of investment .

Many here entered the market because of desperation to gain specially this pandemic season in which many of them are being lured to be scammed or doomed .

buy only when you are knowledgeable and confident , so best to try learning first before anything else in market such this that very volatile and decentralized .

This could be a snare that will get us into a snare whenever finished with hazardous feelings. Ventures should focus on examination and tolerance. In the event that you're holding for quite a long time, there is no point on seeing day by day graph. what's more, in the event that your token are garbage, it is basically impossible that you can get a few benefits.

This could be a snare that will get us into a snare whenever finished with dangerous feelings. Speculations should focus on examination and tolerance. Exchanging isn't that basic on the grounds that the market is now a perplexing one with the ceaseless vacillation of the cost however at any rate assuming you know what you are doing, you can create a fair gain. This happened to such countless alts so you need to stay aware of their turns of events.

That is why you need to have a plan in trading to prevent the worst thing that can happen. If you do not have the luck to join in the pump, you can still hold that coin and hope that the coin will rise in the future. Related to emotion, you must control yourself in trading because when the price moves in the other direction, your emotion can interfere with your trading and confuse you to decide.

it is not easy to be a crypto investor trader. one of my suggestions don't be too ambitious to get profit. in moderation it will be better and not miss that moment that makes people emotional. many ambitious people hope to get more but the opposite. it's part of my strategy to avoid emotions.?

Trying to get profit moderately will be better than in a hurry because that can make us greedy wanting more profit while the situation is not going as we want. Your strategy is good to avoid emotions because that can ruin your plan and make you lose profit. As long as you know when to take profit, you will be okay and repeat it in the next trade. If you can make a little profit, just accept it and trade again next time to make more profit.

Self awareness is one of the best state you can be when trading,  investing and speculating on cryptocurrency prices.  Many people tend to get carried away by their own wrong estimation of themselves,  the market and the coin they are holding.  It is important not to let your emotions run amok without mechanism for control.  Our emotions will always be with us but controlling it will help us get the best out of ourselves and by extension Cryptocurrency!

Most of the time, traders who rush things out are the one who lose big amount of investment, there's no problem with taking it slowly and earn little by little compared to rushing it out and lose.

Emotions should not be the priority, in most cases, you need to let your emtion go and do the opposite.

The best thing to learn, take profits even how small it is then rinse the market again keep repeating as long as you are getting out from it.


Eventulaly, you will established good strategy that will allow you to earn more.

The best trading systems rely on using a model which isn't influenced by emotion at all. Find a system, backtest it to know the reliability and stick to it.

yes that's right, sometimes unstable emotions make us disappointed because price fluctuations in crypto are very fast, but all of that can be minimized by analysis with existing indicators and maybe by looking for news about coins that will be traded or that will be held for a long time.

What those people do not understand is that holding for the long term is a strategy that can only be used on good assets, basically if you do not trust that a coin is going to exist in a  few years down the line then do not hold it and instead actively trade it, that way when the coin begins to go down you will just sell it at the first sign that a crash is coming, with this in mind then it is clear there are only a few coins worth holding for the long term and some will argue only bitcoin is worth to hold for that long.

Now try to put the emotions aside and see what is going on in the market, because currently the average coin is moving stably and the ones that haven't stopped moving are Ethereum and BNB, so both are still very worth trading and also investing in the long term.

Choosing project in a manner that you really take your time in researching the potential gives you a lesser chance of losing your investment.

The good part of this market is you have a lot of venues to investigate and learn how the coin will perform, if you will take your time
in studying how the team is working behind will give the hint to continue placing your money into it.

While investing due to hype and laziness, emotion will surely lead you to lose and regrets will haunt you most of the time.

Do your diligence to work hard, a good balance will let you control your emotions.

Of course long-term investment will be more profitable. But we also see the potential of the coins we invest in. Because most of the coins circulating in the crypto market have no value. If this condition happens to the coins that we hold, then the loss is definitely what we get. Let's take a look at some coins before, even the bull run this time didn't have any impact. If you want to hold coins, maybe you can choose such as BTC, ADA, Sol, BNB, Eth, or coins that do have good potential in the future.

For long-term investments, only 8 kinds of coins that I think are very suitable to hold, including BTC, ETH, BNB, SOL, ADA, MATIC, CAKE, and DOT, that's all because apart from that these coins are only suitable for the short term only or is it only suitable for trading on a daily basis