Bitcoin Forum

I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.

The biggest mistake in every direction connected with money to do something on emotions, and of course trading crypto is not the exception. You are right lots of people buy on the encrease and sell on the decrease, when it should be better to do just on the contrary. You bought for example, and market started encreasing, in this situation it should be better to fix profit. In case the market started decreasing it is better to buy more of this altcoin in case you believe in this alt and project. Everything is not really to complicated. In any case if trading makes you to be stressed too much it is better not to trade at all. 😁🙂

Trading with emotions is the normal characteristics of a newbie trader who had just gained knowledge on trading with prior experience of what should be done probably, on some certain levels of trading. A newbie and intermediate trader are always different based on experience and knowledge of understanding of the market. The cryptocurrency market is big and versatile with much emotions attributed to it when trading or investing. Trading with money you can't afford to lose can also trigger emotions that could affect one trade.

Don't ignore your emotions either, you have to realize that everyone has them and lot's of investors act on them. On TA you can just look at the chart or trade opposite what your  emotions tell you. On the case of the FUD you need to realize that ton of people might sell if the FUD is bad enough and there's no point holding if you can get 2x in short term by buying the dip later.

Trading with emotion mostly can be seen in new comers. Cause they are new and they enter in crypto industry with having a little knowledge. So most of time they purchases tokens the wrong one even a little dump make them anxious and scarry. That's why they sold everything and so is happened to me so many time while i was a Newbie. Cause thats normal. Of course We can't expect professional Market behaviour from them! But those type of experience will make them professional, one-day

Invest a little by little if you have the intention to buy. You decide if you want to buy full from your money at the current prices. But if you're too anxious about it.
You can cost average and buy each time it goes down or up based from your budget. That's an effective strategy so you don't miss every buying opportunity or whenever a price goes down and another round of decrease happens.

The three pillars of trading are technical/fundamental skills, risk/money management and trading psychology.
I believe trading psychology is the most important part of trading, when it is not well grounded this can easily lead to mistakes in trading and is the main reason why people trade with emotions.
Trading with emotions will cause you to make bad decisions and can easily blow your trading account.
Get your psychology in check and you will be good

Trading with Emotions,
Been there done that, a small dip. I panic sell.
to think i cut the loss but actually i didnt give myself a chance to earn more profit by HODLING.
the thing is when we entangled emotions with trading, risk management is ignored.

Investing into the amount you can afford to lose is what i think should never be ignored. Because if you start investing or even trading with a huge capital, and then the market suddenly crash, then you end up losing too. I suggest never be carried by your own emotions everytime you make decisions because most of them will not end up successfully. A good trader does not prioritize his own emotions over his mind but rather stick to the original plan even if the market turn into sideways. Once you change your plan, its more likely you will end in failure.

It shouldn't be ignored. That's the principal rule that everyone has to understand and to remember. Investing with more than you have never experienced before as you put it into investment, you're doing it wrongly.
Those who get carried away by their emotions, they need more experience and they need to be tough in the market so that they won't be moved by some dips.

Yet, it can be a big problem for anyone especially when you are just relying on crypto income. That many had to say that was so easy but in real life and as what I've experienced, seeing the dumps after buying is truly bothering, and sometimes I think about selling (and sometimes did it).

Even though how tough we are, we can't be completely going to manage and control our emotions especially when we are just focused on trading. But if we are also doing another stuff, this will certainly give a huge help to divert our mind and forgot the market.

Negative emotions in trading is not healthy, you must know how to control it because it can affect your decisions. Trading will always challenge your emotion because the market will not always go the you wanted it. Trading is not easy, take your time to learn the process and don’t rush trading big money you just have to start small to confirm your strategy and be consistent, that’s a good first step on your trading journey.

Yea its easy if you do it for investment, but some of our people do scalping so yes they need to have cut loss so the money didnt stuck on a trade.
Its people option to cutloss or not, but i cant be more agree that trade on emotions is a bad habbit  and need to get rid off.

It's not so simple like that dude. the problem is the emotion of traders will be coming when he was seeing the market gets pumped so hard. that being said that if he wants to join in the pump through buy at the pump with the help to be able to shorting the market. You must remember there are lots of newbies always try to follow others to short the market.
They are facing a very big risk by shorting the bullish market because it can go down anytime.

Trading base on emotion should not be emulated or portray because of the significant effects it has on traders weaking there spirit to trade effectively without the optimum confidence to execute trades. Emotions has degraded much traders from doing the right thing to misplacing the necessary thing to do. Trades should not be executed with fears which can also bring down one self esteem in organizing trade pair to trade on.

Emotion had really done me something bad that make me to lose my trading funds because I was not that confidence in organizing trades increasing the rate in which I lose trading funds. Never trade on emotions is very hand especially if one had been losing money for couple of time increasing emotions that come into play.

Some can be called as a loosers when he was cutloosing his investment. That being said that as long as that guy was not cutlosing it and then he will fine with it. his portfolio can come to get a big pump anytime. As long as it's a good asset and selling has become the worst decision that can be made by someone. Trade with emition is just only making you to did a bad decision.
The newbies were always doing this due to the volatility in the market. They were cutloosing their investment caused by the dump makes them all feel panic.

Bear in mind that trading and investing are different from each other, you can lower your risk upon investing than trading which is completely very risky.
Invest that you can afford to forget for a while is the best answer here and trading that you can afford to lose is also the perfect one because, in trading, there's no infinite of gaining profit, there could be a win or lose.

When it comes to emotion, this depends on us.  We should have a trading plan to have a trading activity smoothly.  Because trading isn't an easy way of making a profit and anytime you will lose due to the market isn't predicted.

It has been a very common condition and mistake done by most traders especially newbies that come to lose.
Personally I myself also often do this, unfortunately.
Trading must be wise and also patient enough besides smart decision and also strategy.
Because, if we are getting panic and hurried up, we can lose our chance to take profits and then lose our assets.
We may be angry, sad, and also mad when we are losing our money in trading, but we are too happy when it is winning.
This may make our emotions unstable enough and not focus on the strategy to trade again.

And I was guilty of this BEFORE and have a worse experience in trading losing my $100 instantly after buying a cheap coin which I'd never know it was a scam and after having filled my buy order, red is coming and continue until it was delisted to a not known exchanger.

Now I realize that we don't need to rush the market and do trading without having some search. It is found to be terrible and regretting when you do that and that emotion is really needed to control or at least for the sake that it gives no help but just driving us to lose.

Those dumps really are bothersome if most of your income are highly coming from cryptocurrencies. And that's why those traders that have been on it making money from it have forgotten and removed their emotions as they trade.
They have focused on trading and only relies to analysis and won't let their emotions involved due to it.

Avoid panic selling, the point is don't make a sale when the price is below the initial price, hold it first, then losses will not occur because in the future the price may rise again if the price continues to fall, then buy again if you have more money. Do your research first, don't make a purchase when prices are peaking

It's easier to say than to apply it directly, sometimes there are also traders who are able to read market movements by means of a cut loss, to get a profit by buying it back when the price dips, as a trader it takes experience and knowledge of a project in order to profit in the market whereas long term investors simply buy and see what happens in the next 2 or 3 years.

To be specific always follow the trend not when you see the growth rate is already in progress because you don't know how long it will last and indeed mostly people who are expecting good return from it always experienced a bad situation and instead of profits they lost money afterwards.. So never ever follow your emotions and remember to always follow the trend and build a good strategy especially if you have plans to investment for short term.

Yes, whatever the type of trading, such management was of great importance. If you know assets management and you are doing it right then you are a good trader. You can't be a good leader if you don't know how to work on assets management.

Newbies usually buy high sell low while it should be the opposite but speaking of the truth the mental burden of trading is really immense so im not blaming them if they make haste and bad decision.
However as you said, if we get too emotional i think its best to stop the trading activities and relax a bit because when we are in that state theres nothing much we can do about it.

People are aware of this and i think that so many traders know when they were trading use their emotions and that will be totally useless but the problem is when they can't control it. The intention to get the profit from the market has been making them all blindly to earn more and more without try to go out from the market when it was getting bullish. People still need to learn about how to be control themselves.
People will never able to abandon their emotions because that's coming from our minds as well.

Always dyor with any field that you are interested in, I see in newcomers when entering the market they do not know how to learn and also misjudge the market a lot. This market may be new and small, but what it actually creates is a huge body of field knowledge, so you want to win it in a competitive game. You also need to prove your ability to do well.

This is obsolete advice, stop trading and start staking NEAR protocol and using Ethereum DeFi yield farming. You can earn money even in a bear market.

Majority of individual in the trading market which are newbie are better off just investing and holding on to their investment until it become a profitable one or reaches their target. The whole trading thing is overrated. Many newbie think they can achieve success trading without any experience and become rich overnight which is why they're flooding in their numbers over to that sector but getting disappointed as the find out the sector isn't as easy as people make it seems on social media.

We have more losers than winners when trading is looked into but when it's investing all those that have the patience to hold through the negative season of the market come out profitable. Now if you have interest in trading then you have to do it right which emotional trading is a wrong well to go about it. Take out time to actually learn the skills you're picking interest in.

If you can successful outsmart the market every now and then, I'm quite sure you'll make some decent amount of money. The dips aren't for selling but for buying and the bulls aren't for buying either, that's when you look for better profit securing point. Don't misunderstood what should be done in each market season.

New people come here, and they go are still new people, many people also can't get out of the financial vicious circle, and they don't know how to change it. Anyway, it is a natural thing because the market awareness is not enough that the newbies will often not be able to sustain profits from the market.

The source of emotion is profit and loss. When you lose money because of investment, negative emotions will explode. Be sure to control your emotions. Don't make any decisions when you are losing money or have negative emotions. This will affect you. Don't influence your judgment because of FUD. Do more things that are good for your physical and mental health, such as singing, running,Wait a few days before making a decision。

Well because a lot of people are aware already that shitcoins are almost everywhere, the emotion can't be held off.
Sometimes it is rational, sometimes it is emotional. One might sell because they think that they invested in a shitcoin, therefore should get the f out of that coin they bought because it would be of no value within few days.

when we are emotional, are we able to think clearly, and whether we can take wise actions at that time. I guess it's hard to make the right decisions when emotional. Therefore, in trading, emotions are not recommended, because we are psychologically disturbed and cannot see the market logically

Very well said. However, it's really hard to do even we already have some knowledge or fundamentals, our luck is also playing some role. It's true that emotional bursting when you take a decision is bad, but until now I, myself can't hinder from that anxiety because it's proven that every time I buy the price goes down, and every time I sell, the price going up. And, I agree to avoid greater loss we can always invest in a small portion while keep observing the market movement.

Overall market conditions are always changing, meaning the market can't guarantee every investment you make, if you don't have a proper analysis of every investment, price fluctuations are a necessity in the market, there are factors that influence it either in the form of large or small scale .

But don't make a decision too quickly, if the price of the coin you buy goes down, it could be that in the next few days the price of the coin can go up again, and vice versa. keep doing good analysis before investing, so you can minimize any investment risk.

I agree with you on that one. I mostly don't invest when the market is going up, I most have already invested while the market was down. Crypto is all about risk but your ability to minimize that risk is what matters. You must have known which projects you would like to invest in from whatever you have gathered from checking them out and invest in it/them and wait for the market to take off.

We can get those experiences when the market moves significantly but we are not doing something before, so we think that we are late to act. We often feel like that and that effect to our emotion and trying to follow the market movements. It happens to some friends. Before the bitcoin price goes up to $38k and even breaks $40k, they still wait for a while and hope that the price can go down to the lower price and they only watch the price. But then, when the price starts to increase, they are still not doing something. Suddenly, the price gets a pump so high and that it makes them confused. That impacts their emotion and some of them are trying to enter the market. But that will be too late for them because their analysis does not work better as they analyze in a rush.

i dont like to invest when the coin is pumping because i can only buy small amounts coins with my money but ill wait if the coin can still dump  but even with this strategy there are still that will panic if they saw another dump happening right after they bought tho the losses that they can get is not high as the other  .
in investing its also important to have a trust in the coin you invest so that you can hodl in any entry point  .

Fear is a common emotion that often leads to wrong decisions in crypto trading. Controlling emotions is simple to say, but even the most experienced crypto investors still have to work hard to control emotions and not let fear dominate.
There are two common sentiments. One is that when the market is falling, fear dominates and crypto enthusiasts close their positions early.
Either the fear of a pullback after the rally led to the same decision to close the trade prematurely.
Greed often leads traders to exceed the risks they are actually willing to accept. Once greed controls your thoughts, it will lead to large losses.

People have emotions, not just newbies, some investors who have entered the crypto market for a period of time will still be affected by emotions. Most of the reasons why novices enter the currency circle are to get rich overnight, and speculation accounts for the majority. They may not have studied some professional knowledge and market trends in depth. I have also experienced the feeling of lack of knowledge when entering the currency circle at first, but This will be my experience, a path that is still fresh in my memory.

Thats why I always say to the newbies to not ride the hype. Sometimes its just a trap and will just give you a bad trading entry which leads to  the loss.

Indicators are really useful as a basis to know at what point of price will you gonna buy those altcoins you plan to trade. You need enough time to learn those, there are simple and easy to understand TA which is a great help to atleast spot a good entry trading point.

This kind of thing is usually done by amateur traders. they are not determined by analysis but based on emotional logic. this is very detrimental and must be completely eliminated, so in my opinion it is trading in a healthy way and good calculations

Good advice, sir and this condition, if you look at it for experienced people, I think so, for new ones I think it's different and very vulnerable especially with BTC corrections that occur every day here, the importance of education so that users are familiar with market prices that are very volatile.

There are lots of people who forgot their purpose when they lose their primary capital and rush to invest again without a second thought. Look like this mostly happened when the market is not looking good. What I mean by that is when you see the market keeps falling every day, it just simply means that you need to rest until it goes stable again. You can choose whether to buy at that price or wait more time for the right price to gain more profit. Trading is not rushing, mostly everything in the crypto market is all about waiting and patience.

Emotions = automatic lose.

This may not be applied to some but for me, putting emotions on every investment will result in an automatic loss. I've already experienced it and over time, I learned how to remove emotions whenever I'm trading or investing on any asset whether it is in stock market or crypto etc.

If I see my portfolio lose, I will not feel anything because I believe that at some point in time it will recover and when it went up and it reaches the target then I will sell automatically. Emotions is one of the main reasons why investors and traders especially are losing their capital. Putting emotions first will always result in a wrong decisions.

Thats right never trade on emotion in many ways, this will be reason that make your investment down or lose, because you cannot focus on the proper trading plan and management of your money out of it.

It is the adjectly the same situation that i experienced as a beginner. I had lack of Patient and confidence and that's why i sold out so many currencies after little dump as well as bought so many currencies at their pick high only because of my emotion and which is not recommended right now. Should make sure before investment and top coins are recommended for beginners for start their journey

True. It is called dollar cost averaging.

When it happens that you lose twice or thrice I think you will start to wonder and try learning why you are doing it the wrong way. Emotions are always involved no matter how you feel about the market, you get excite when prices goes up but if you have to look at the chart and learn when you should buy and sell, then you minimize the chance of losing over and over.

Market management really needs to be mastered before really getting too far into investing, not only for beginners, those with higher level abilities sometimes can't control their emotions if in an instant there is a very drastic price decline in the market.  I still refer to the basic laws of economics, buy when the price is low and sell when the price is high.

Yes you are right, as a beginner it is very difficult to control emotions when the price of coins that we hold has dropped drastically.
That's what I experienced, but with the process and experience accompanied by learning it we will be able to control it and always be optimistic with the coins we have.
Because indeed investing with cryptocurrencies requires patience and valuable experience to achieve success.

Yeh right that trade doesn't need any emotion its need reserch on project and technically analyzed it .
Because when you technically analyzed any project you will get too much kwnoledge about the next move of this project.
So you can easily take a successful and safe trade .

Emotions also make you easily deviate from the strategy you once decided to pursue. If you set price points at which you are either going to enter or to exit and emotions are involved, you constantly adjust those price points because you feel you got your strategy and timing wrong. If there are not unexpected events you should try to stick to your strat. I know the feeling when you think you left the market too early and you freak out because the price keeps increasing of a coin you just sold. Learning to be content with the profits you just made even if the coin keeps rising is important to not make mistakes baed on those emotions in the future. We've all been there I guess! ;)

Invest gradually, that way you can buy at an average value based on the amount of money you have. The advantage of buying in stages you will never miss the opportunity to buy at the lowest price available.

It's a basic rule but it's important to be reminded. Sometimes even for experienced holders and traders. It's hard sometimes not to act emotionally when your portfolio goes down in 50% in one day. Or up in the opposite.

As much as your advice is needed and welcome, you can not seperate emotion from trading! Money naturally evoke emotion and it require discipline from a trader to be able to tame this emotions! The skill needed to manage your emotion in cryptocurrency market require experience and practise. When you master your emotion and get it right, you will sometimes still fall victim of your emotion. I believe managing your emotion and sticking to a plan is the best way of investing and trading cryptocurrency!

I always find it weird to observe all that panic selling going on once the market starts to dip a little and of course once the first big panic sells are starting this triggers a chain reaction with even more people starting to become nervous at first and then they decide to sell even though they did not plan to do so. If you sell directly at the beginning of a market dip that is probably still not that bad if you bought that coins at higher prices, but if your intention was to hold no matter but then you panic sell after you observed the market going down for weeks and weeks that is probably the worst thing you can do because then it is very likely that you sell your tokens at the absolute bottom.

People panic sell any time there is dip because till now people trade with emotions and sentiment more than the belief in crypto and what it will be in future, and the funniest thing is if people don't panic sell the price will not be greatly affected and the everyone will be happy with the price, since it is not possible to control what other people do, everyone is free to do as they want, the action will affect the market and the price will suffer the consequences.

In fact, this cannot be learned without living. It requires a certain experience. When you invest, you cannot avoid those feelings in any fluctuation, but I think it is important to experience it. Of course, good advice for new investors, it is a little difficult to do what is theoretical in practice, I just wanted to say this.

It is the usual thing that one must do. Buy when the price starts to drop but it's also a case to case basis. Like if bitcoin starts to pump and you think that it will be long time before it finally stops then you should buy as it increases.
Because if you don't do, there's a chance that you will really miss higher increases which will make the price of your purchase to have lower amount of coin in your possession.

most of them use their emotion not their knowledge to face any condition in market, when bearish or dumped occur emotion will come first and could not think clearly what actually happen to market. Our action in market will have influence to market movement , big or small impact will always happen to price if we realized it.

I think the ability to primarily handle your trade with risk management, the healthier and high chance of making more gain and less mistakes you come across. But sometimes, you know the market sometimes is shaky even if you add all the techniques and analysis you have gain all in the market.
For example, people where all bearish and thought the whole thing would plunge below $30k until Bword day when Elon announced his position and SpaceX on bitcoin and the whole thing revive, the same thing happened during Amazon News day. If you have taken short then, that will be huge loss.

But sometimes knowledge doesn't work that much in cryptocurreny market, although we already did the deeper analysis about the coin that we want to buy. Sometimes things happen so fast it could be a massive drop or a massive pump. So i think the most important thing in crypto is always up to date with the cryptocurrency news, if we buy a coin, make sure we already follow the coin's news, social media, the CEO or team social media to make sure we get their information in eearly time before something happen

That's what I'm waiting for now waiting for dump again, it does have a panic effect when I start buying and the price continues to move down to change the situation I have another buy strategy to reduce the risk of losing and usually what happens after there is a deep decline there must be an upward rebound  that's what i like

Well, if you are going to ask me, you have to make sure that you always do your research before you can make sound decisions. It is always not a good thing to use your emotions, or use your hunches, or at some times use your instinct to make immediate decisions in investment. Investing is not a game that can easily be achieved by getting information from sources that we can say are doubtful or insufficient. I mean this has always been the suggestion of the higher ups of the crypto economy. The veterans of all crypto investments.

I wonder how much deeper the price will get dump after it rose higher to $39k. If the price is not down below $37k, maybe we will see the phase that bitcoin price will stable at $37k-$39k because these few days, the price is not moving so high or so low. So hopefully, the price will not get dump too deep and stays at that range. But if bad news is coming again, it could make the price get a flash dump because some traders can panic reading that news.

Psychological problems are mostly experienced by new and old traders. Markets with movements that are quite extreme can make emotions out of control, especially if we look at charts with small time frames too often. Yes, everyone must learn to control their own emotions

Yes, I often do this when the market price goes up, and when the market price goes down, I make a lot of mistakes so this time I have to change and don't do it again, thanks guys.

The problem lies on where one would start doing a research. Obviously it would be Google of course, but I am pretty sure that many newbies are lost on where they would look at to find that the project a legitimate.
Sure, WPs are there, but there are people that aren't just into technical stuffs.

Yes you are right and until now it is also a problem that I experienced, dissolved with emotions and even with good TA can be destroyed as soon as the emotions control ourselves.

What you say really true, everyone will learn from experiences and every experiences is different. Today maybe A can solve the problem with B way but does not mean that all traders problems will resolved if they follow the experience of A. But the basic things are very necessary to learn so we understand a little knowledge and not fall into trading and investing in the wrong way.

the key to investing in both Bitcoin and altcoins is only one, namely patience, because this is very important because if you look at beginners who are usually impatient and always rely on emotions and greed usually it doesn't end in goodness, maybe we will lose all the assets we have invested in. we have because of that surrender.
don't just look at the positive side when we are in cryptocarensi but it must be accompanied by looking at the negative side of us being here because of course we already understand when we are here the possibility is that there are two when we are patient and really do research well inside a coin and invest in a coin that is good in its volatility will definitely end in big profits as long as we are patient, but on the other hand if we are in a hurry, relying on emotions and all we think about is greed when we see the market going up we immediately sell when they go down a little we I immediately sell it I don't think it will last long. because I have experienced this kind of thinking before and this is my experience and as long as I follow it I invest with greed and emotion in the end I suffer a loss and now I change my way of thinking to be more patient and I can see the difference now I can feel the difference.

It could also be whales who use the negative momentum and push it even further while placing short positions. You can never know for sure what exactly causes massive price drops and who is behind it. Sometimes it may be the herd of retail investors and sometimes it may be whales pushing the price down to buy back cheaper later on.

a big mistake if you use emotions when trading. one of the keys to trading itself is emotional control to remain patient under any circumstances. when the market goes down and the coin you buy is priced too high then just hold on, it's better than having to rashly sell coins at a cheap price which of course costs you yourself. therefore you really have to take into account the risks and benefits that will be obtained before buying coins.

Like it or not to find out whether a project is good is always from its technical side and that is whitepaper because it contains all the stuff you need to know about a project but usually you can find the summary of whitepaper in youtube and the explanation usually also rather short but to be frank we can easily imagine how a project will become simply from the project description, what kind of problem its gonna solve and what kind of project it is.

that's what makes the situation in the market sometimes worse and makes people panic. trading with emotions will indeed trap us in a difficult situation.
but if you have a good strategy, even if you trade emotionally I think your strategy can work well.
but it will be more profitable for those traders who can really master it all. strategy and controlled emotions will be a trading weapon for a profit.

It happens all the time and I think everyone who trades in crypto must have felt that way. and I think it's a natural thing, the price doesn't go down because you buy . but there is a price correction. indeed the price correction in bitcoin is quite terrible and makes panic. therefore always buy if you feel there will be good news. because of information and news . and the analysis chart in bitcoin does feel works in crypto market. its not completely just guessing up or down.

Any activity on emotions leads only to problems and losses.
Indeed, during such situations, you cannot think critical, your mind is at the mercy of emotions and you do not control it.
In view of this, it is worth learning and acquiring stress resilience skills.

Its based on what its strategy, cutlossing could be part of his strategy for saving his trading fund and do another trade to found profit opportunity.
I dont think called someone who have cutlose as loosers is a wise thing, they could win another trade while someone who hold keep stucked for months.

The emitions can affect the decision of the traders. Did you see how many newbies were only following to trade without try to do a lot of research before? that proves that if the newbies were also putting their emitions rather than DYOR. DYOR can be affected by the emotion. Remember that there are lots of greedy people but they are getting lose after the pump has gone. that proves that if our emotions were also playing a lot in this game.
It's not only DYOR but we must also control our emotion

Yes I actually agree with this. We shouldn't trade on emotions  you can just end up crashing up your account.
As a newbie or maybe a professional trader you should trade with targets. Now with target you're risk managing the situation once you hit a specific target you jump out of the trade.
I'm a situation where you're heart broken or distracted because of one or two many family issues and you jump in to trade the probilty of your loss is very high.
I wouldn't advice you to trade when you're not mentally stable.

Trading needs focus and is mentally healthy but in that case, it was best to settle it down first before trading just to have peace in mind and could able to decide righteously.

Emotions are the most difficult thing to control and this is the root cause of our losses. But, as we work it hard and slowly manage ourselves to keep calm when crisis comes, we can surely overcome this feeling. Only it needs some commitment and we have a strong determination to help ourselves otherwise, we still be broke again and again.

we could not think clearly when our we felt emotion , sometimes we everything decided based on this emotion not based on fact that happen in market. it is really needed to know how much stress or pressure we could accept so this point could used to know how much risk we could accept when  investing in market.

very possible to happen, emotions mostly drag you to make a wrong decision, probably due to fear or greed.

Set your goals and stay with it, unless there's occasion that you need to adjust or change your position that's the only time that you should think of another strategy.

you shouldn't do that, like what you have said you are not in the right mood to think properly.

I agree. best to think clearly before  dealing with this business.

Trader should knows how to control their emotions because it's a big problems, especially if there's a sudden dump or bump because you will always fell on it and it will always the main reason how you can lose your money in trading. So better to change midset because for me the reason why we can't control your emotions it's because of our mindset , fro example if we keep believing in our negative thoughts without doing anything of course our emotions will explode.. But if we change our mindset and we keep making ways to solve problems then you can avao3being emotional when it comes trading..just saying..

These are people who just rely on the market movement and not doing research on coins he is investing, it happens to all of us and it's the fastest way to lose your portfolio, it's ok to follow the trend when there are pumps but we need to know the floor and the high of coins that you are going to invest, set up your sell and buy order after doing your research, you can make a profit or at least cut your loss or make even.

Strategy is also needed when you first enter to invest and exit after making a profit, so there is no need for panic words that can haunt the trader's own mind, because the goal must be clear and lead to a plan that has been prepared based on what he analyzed.

You should really buy altcoins, don't be too emotional or have a big lust because it really affects a person's mentality to invest in more altcoins which obviously will definitely get big profits later, there is no doubt that altcoins have great potential to go up high where all of that can make quite a difference It's great if you are able to be patient and wait to get the maximum profit, many things happen in the market. If you are able to be patient, wait for the price to rise and become a holder.

After so many trades lost I've made in the past, I'm already immune to emotion. But I think it's not because I'm not afraid to lose anymore, it's because I have a source of income in which no matter what the outcome maybe of the trades I do I'm just going to hold the number of coins and wait until it gains value.

You will be filled with emotions when you don't know the outcome and you are only relying on the trading. This is why I recommend having a constant flow of cash from defi projects or staking tokens.

its definetly the main factor why people panic selling and lose so much money instead making money from investing. I think to control your emotions you need to be able to manage your whole financial life. Its hard to control your emotions when you go all in your money into investing. Thats why you need to make an allocations for every sectors that crucial to support your life. I think its good to invest 30-40% of your money into crypto and you also need to train and learn about crypto and in the meantime you also will learn how to control your emotions especially in market that so volatile.

I agree that trading with emotion will always put you at risk if you can't control your emotions you will continue to suffer as long as you go. Nothing can be achieved in the world with emotion trading in the market with emotion should not be done at all in order to trade in the market out of emotion you have to be sure emotions have no value in this market. If you are a good trader, you will trade without indulging in impulse I think that in order to trade in the market you have to overcome the issues of too much passion too much greed too much instability. It is not right to trade with more passion it is more likely to be a loss than a profit.

Simple solution is , best to invest only what you can afford to wait , i mean the funds to put is what you don't need in a certain time and you can let go for a period of year or more.
There are many investors that seeking for profit over night or at least 1 week period but this is not enough time for volatile market like crypto.
here you must afford a longer time than easy money because it is worth a wait.
and also never look for big income , instead let be contented in single digit profit each trade.

indeed measuring personal ability how much we will invest will have a better end result. we can see many people who invest by forcing themselves, for example using borrowed money. The main disadvantage is the emotional stress of the soul, which leads to panic selling later. because even in investing we have to prepare for risk

But it is also not that easy to control them. I think the most important factor when it comes to trading is mental state and experience. If you can't cope with drama in real life, you probably can't cope with drama in markets either, especially when there is a lot at stake from your own pockets. Emotions definitely contribute to making bad decisions. Discipline can help with that when you have a strategy and force yourself to stick to it.

That at least you have some exemptions and are able to hold no matter how long the market will turn bullish as there is no pressure on your side. Having another source of income makes you feel comfortable if ever you can't make a good profit on this side, and there is still something you will get from the other side. But I warned you mate to manage your fund carefully and wisely spend them because it was very important to track your money where it goes or either you are losing or profiting.

So you should trade when you are ready, you can say you are mentally fit.  In this case, the problems must be set aside first so that you can focus on what you are going to do.  When we think of something else that has nothing to do with what we are doing, we lose concentration.  But still don’t forget the risks.  Often we make mistakes because the trends are more noticeable immediately where we will be at the same time where the peak seems to have been reached.  So in the hope of earning the opposite happens which is very common.

Yes, you are absolutely right.
It has become a common thing that emotions always accompany the journey of our lives and are considered as a characteristic of humans.
Many traders who trade are controlled by emotion, such as rushing to exit trades even though they have not yet achieved maximum profit.
Emotional control is also very necessary in trading. If we have ordinary analytical skills and strategies, but can generate profits consistently and a lot. Of course, this is because the trader's self-control and emotions are very good, so his strategic plan is not rushed and structured.

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The point is that every investment we make must be based on good knowledge, many people will be disappointed with investment decisions, due to lack of knowledge.

That's why we need to prepare everything in investing, we can't force this with a desire that we don't know, if we continue to develop this pattern, then our investment will never yield any results.

Emotions and panic are things that must be muffled, it will make us lose and there will be no benefit, if the current coin is not doing well in the market, it's a good idea to save it first, wait for the right moment for us to release the coin.

It is very dangerous if trading is based solely on emotions. There is knowledge both economically, technically and psychologically. That's what investors and traders must master, so in crypto trading, investors and traders are expected to have a high initiative to learn and update themselves with various information that develops quickly.

It is easier said than done!  Emotion is part and parcel of your life and it is not any different in trading and investing in Cryptocurrency.  The first step in finding solution to your emotional hurdles in your trading life is to accept that you will always be emotional at some point, preparing to mitigate and manage this emotion to profit should be your number one task in trading Cryptocurrency!

Of course, if you cannot control the emotion well, it is better not to trade. Trading with emotion will be a disaster, it will lead to a wrong decision during trading. I cannot imagine if someone trade while emotional, he can sell all his coins panicking when there is a big decline.

I'd rather choose to play NFT games than trading if can't control my emotion. Not only because I'm only playing, but I can earn at the same time. I'm currently playing this game called Battlewave2323 of AnRKey X, their game is built on Unity, a gaming engine that is used by the top gaming studios like Nintendo, Sony, Ubisoft, Blizzard, EA

Trading is not a matter of emotions, it depends entirely on market analysis and market systems. Emotions have no place in trading. The things that are noticeable in trading are support resistance, volume any kind of positive news, candlestick pattern, etc. Also, a skilled trader trades through a fair analysis of all the other components and tools available. Therefore, it can be said that in the case of any type of trader, new or old, the possibility of loss is highest as a result of emotional trading. So during the trading we have to keep in mind that the issue of emotion between us does not dominate in this case.

This reminds me of a good friend of mine who is encouraging me to invest in a particular coin because of so many bullish stuff, partnerships, cheap price, etc.

However, as I’ve looked over the chart, I told my friend that it’s parabolic but the latter insisted and saying it doesn’t matter. Investing while in the middle of a parabolic curve or reaching it’s peak is something that I didn’t wanna do. I would rather wait for the dip before buying.

That's true, but I always trade with the scalping method and choose some altcoins into my portfolio.
When the market situation is red, one will panic if they are a new investor in crypto, but if an investor is familiar with cryptocurrencies, such as the market situation and Bitcoin halving and other plans for altcoins you have, there is nothing to worry about market situasion and panic because every bitcoin halving the price of other coins will go up.

In investing we have to use a way to always bring profit, sometimes all does not go the way we want when we invest suddenly the price of the coin decreases and a few days later we experience losses, in the situation at that time we must be sure the coin will definitely increase again and do not rush to draw conclusions to sell all coins even though in this loss is the wrong way to make an investment.

Some people have the luxury of investing money that they could live without, It's harder not to be emotional for people who want to invest the small amount that they have hoping they will get a small profit so they get a break. It's all they've got. And poor people fall the most for hypes.

This is a big problem for newbies that they use to buy when the market increases and use to sell when they see a small dump in the market. I suggest to all that if you want to buy any token with 50$ then buy in parts, means buy of 10$ at current price and wait for some time if it comes down then buy again of 10$ and so on. This will decrease your dollar-cost average. I hope you understood this and try it from now.

I really think the person you analyzed is not really ready to invest, there will be some people that will fall into this category but anybody who is into cryptocurrency will know that you cannot but wait and not sell off anytime there is a small dump.

it's because they are new people sometimes come because of the hype or the pump going on in the market. they don't see how history has gone in the market. of course, it would be very easy for them to get stuck in a predicament when the dump happened.
this situation has happened a lot and experienced by new people. even old people also usually get caught up in day trading in the hype market.
without sufficient skills and knowledge. old or new people will end up the same.

yes it's true, some ordinary people may often lose for some reason and I personally also admit it after trading with new coins, especially meme coins. and a little advice that trading with coins like this is not worth it for the long term, and is more suitable for the short term. I mean out after making a profit. Coins like this are predictable although not completely correct, but meme coins can be profitable in just one night. high risk & high profit.

Using emotions has its negative effects in whatever you do be it trading, or trying to make a decision in real life, the end result is costly.
I do agree with the OP, that's is why we should put it in our mind that if we want to invest in bitcoin treat it as an investment we are willing to lose should it go against our desire. If price goes against us let's hold and wait for recovery.

Changing emotions will almost certainly be experienced when joining this crypto school.  The highly volatile nature will easily send you into depression, stress, loss of control and frenzy.  Decisions between hold and sell don't just happen, they can be followed by other mistakes.  Lol, I have this problem often but still can't get out of this.

very volatile in crypto, many lose and the impact of almost all novice traders feel it is the reduced value of the estimated Asset. Most buy when prices are high for the reason of fear of missing out if pumped at any time.

Emotional influences on investment decisions are not carried out properly and all decisions are instant without financial management considerations, so it is not surprising that there are many cut losses even though they are in losses without investment knowledge in the cryptocurrency market. We have to control our emotions on the basis of market analysis considerations.

Analysis the secret to successful investment. Emotions will certainly play out during crypto trading but the ability to control this emotions is what guarantees profits. Most times you might invest in a coin and the coin drops then your emotions forces you to sell. Just after selling the coin bounces back making newer ATH. Once your analysis is correct stick to your investment it will certainly pay.

usually new traders often do this, buy coins or tokens out of panic, and almost certainly will panic sell too. especially during the bullrun, when the number of coins increases, newcomers think it will easily go up, even though there is a market analysis that we have to look at, and other considerations related to the project. In order to make a profit, it must be planned well. we cannot rely on luck alone, there must be a mature plan and strategy so that we can determine open and close positions.

Without doing your research you'll find yourself doing things like this, being moved by rhe market without knowing

what to do best, most of the time it leads you to lose your investment instead of gaining which is the original reason

why you are into this business. Always find time to work out with your knowledge first before you take your next step

placing your hard earned money inside this market.

Maximum new traders do it. I also was a emotional trader on my past. It’s too risky in trading. If a traders sold or buy a coin emotionally, He will loss. Imagine, You bought a coin,  then you see coin is dumping and you sell them instantly in loss. And price start increasing after you sold. ::)

This is very common attitude of the traders  especially those who are new in trading platform. I just suggest that try to be a good holder, avoid panic selling. Always you have to have patents in this platform . When the market is up no problem you have to wait you will take your specific range after some days. Most of the new trader take the wrong decision they take trade with high value of the assets. After that they sell that low price. Trading will become profitable if you practice trading charts as well as it's depth but you can not do anything with your emotion. Always you have to remember that trading is one kind of competitive game where all the players are mature and careful.

First of all, it would be not a wise idea to start investing when the price has pumped. But unfortunately this is what most people do due to FOMO. They start investing when the price starts to increase and sell when the price has dipped. Sadly you can't tell people to delete emotion from their life when trading. It's impossible. Emotions will have an affect to your trading. You will just have to learn a way to make sure your emotions don't affect your trades. This can be done through practices and acceptance.

I don't even consider them mistake but I called them lesson learn in hard way.
There is a saying that says "No pain, no gain". One must learn to accommodate every mistake to re-strategise in other to improve because there is no excuse for failure in my place of lifestyle.
Trading is a very tedious work that requires attention and effort, it takes a lot of time to become expert in it.

Trading with emotions is one of the biggest enemies a trader can have as emotions draws one into making erratic and less informed decisions.
Emotions easily leads to over-leveraging, over trading, revenge trading, GOMO, and the fear of being wrong.
In cryptocurrency trading, Learning emotional discipline in trading will almost always make a better trader than focusing solely on technical analysis.

It's true that trading takes patience as well as a good analyst. Therefore, before deciding to trade we must really know the market so that we can choose good coins to trade. Many people feel in a hurry to get big profits so they will panic when they see the market starting to go red, even more panic if they see the crypto market going down and eventually doing panic sell. That will make the market even more chaotic because there are many people selling low priced coins. Therefore, patience and caution are very important to avoid losses. We can't rush to want quick profits because everything has a time, there are times when the market goes up and also down.

We just have to endure every market corrections and get yourself to be used from it. Because if you don't, you'll always be feeling emotional when those times comes and you're not going to be good and adaptable with such changes, you'll lose in the long run.
Trading or holding, it's not for those who have weak tolerance in the market and you should also get used  to the FUD that usually comes when the market bleeds. You'll never know if the news is going to cause you panic and will lead you to trade emotional which is not good if you want to grow in this market.

Controlling our emotions might be so easy to say but definitely hard to do. We all want good trading outcome of course but sometimes, we can't control our emotions everytime we see the market price continues to decline. It even pushes us to become panic and sell the coins we are hodling even if its really a wrong decision to take. So i suggest the best thing to do is just invest on the amount we can afford to lose so that if we start trading them, we will never be in huge losses if we fall for wrong actions that time. The market is so volatile so expect that it will keep on crashing everytime.

Its usually me long time ago when i was new in trade world, too rush to entry will cause loosing my money. When the price pump i just watch it and regret it when the price going down.
But i am learning from my time, and still fight with my own emotion inside, sometimes i won, and sometimes i loose. With my own condition, i must said your emotion is biggest enemy to take profit, becareful with yourself.

Trading on emotion is in every face not good for business, trading should be based on logic and experience. Emotion will tell you to trade when there is an usual change in the market but logic will indicate how real is it, does it worth it at that particular period.

Trading in an emotional state is tantamount to killing oneself.
Everyone needs a strategy. Buying when the price goes up is not necessarily a loss. This is also part of an investment strategy that is classified as short-term investment. They buy and sell in no time. Certainly when they estimate that they have made a profit.

Trading with emotions can be devastating, but sometimes you simply get lost in it. I had a personal experience in it some time ago. What I was trading then was FX. There was this particular day I took heavy risks and luckily they paid off handsomely. The next day I tried to repeat the same trick, but unfortunately, it backfired this time around. In anger, I continued trying to recover what I had lost in the first trade, but I kept on losing until I nearly emptied my account that day.

It was that day that I really understood why one should not trade with emotions whether happy or sad

Avoid panic selling, the point is don't make a sale when the price is below the initial price, hold it first, then losses will not occur because in the future the price may rise again if the price continues to fall, then buy again if you have more money. Do your research first, don't make a purchase when prices are peaking

Anyone that sold during China's ban on Bitcoin to $29k were on pure emotion. The smart thinkers bought Bitcoin at $29k.

I think new traders should read this because sometimes when the price is going down they immediately panic and sell the asset,
Of course it costs them money and it's not fun,
as a trader we must be able to manage or restrain ourselves so that when the market is down we don't panic

very good advice, this is very useful for newbies who are new to know about trading, when I traded for the first time I was always emotional because when I bought the price went down and when I sold it the price went up, it always happened to me, but now I have experience and will buy 20 % of portfolio and buy again if the price goes down

I think this is very true not only in trading but also in investing. Patience, calm, sometimes strength, courage. All of those emotions exist at all times in the market. Suppressing emotions is a required lesson, but so far I haven't perfected it.

So those who bought bitcoin in 2018 are smart. After we have passed, we have the right to look back on our foolishness and mistakes?

When we start to face the market with real money, of course our emotions are spurred on, because sometimes we feel like we always make a mistake, so we become frustrated. therefore our task is to find peace within ourselves so that we can think clearly, so that we can still trade with logic

It's not about ignoring what we feel because, to be honest, our guts work most of the time. It's how about how we handle our emotions because trading is like a roller coaster ride that would change our emotions from time to time. We should know how to deal with the volatility of the market because it will always change so we must prepare ourselves all the time.

But your preference is your death trap! To survive in the market, the first thing is to eliminate all preferences in the market. The temptation of the market is always to get you to death through your preferences. What the market needs is the love of dew, not the love of wing, and things like forever have nothing to do with the market. The only thing that lasts forever in the market is to win money. Anyone who comes to the market has the purpose of winning money. Anything that has nothing to do with winning is nonsense.
To
It must be understood that any reason for you to buy a stock is not because of how good the stock is or how well it has been fooled. It is just that you are trying to win money by buying. The stocks that can win money are good, otherwise they are all. nonsense. Therefore, any preference in the market is a trap that leads you into a lost way. You must see through them one by one, and then change your mind in order to survive in the market.
--Li Hu

In order to get hold of yourself and your emotions,  you have to practise detachment.  Trade detachment is when you trade an amount you can afford to lose.  If you trade something so insignificant that it will not affect your financial commitment and day to day financial responsibility,  you will be able to play with what you have without getting emotional.  And as you master a certain amount,  you increase your investment until you are completely detached!

Some of the most common emotions traders experience include fear, nervousness, confidence, excitement, greed, and overconfidence.

indeed this is often experienced by novice traders, so many losses are often experienced by them.

We have to handle our emotions, we can't make the same mistakes over and over, and if we let our emotions lead us, we will likely lose as trading is like gambling too, we need to be smart in order to win. The problem is if we think that trading guarantees easy money, that alone will not help us to be realistic with our approach, trading is challenging, therefore it should be played with the right strategy.

selling with an emotional state and panic must be self-defeating, if you want to start trading understand the risks, the existing mechanisms, when we buy and when we sell, with the principle of the initial goal

The tendency of people to choose investments, who do not have knowledge will be very dangerous, this will have a huge impact on psychology if the investment fails, that's why knowledge is needed to invest.

To simply try to invest without proper knowledge would be very dangerous for anyone, it does not guarantee anything for the investment. If this continues to be forced, then the opportunity to lose is very large.

that's what a trader and investor must hold fast to. but the new people seem to ignore it all.
panicked and always greedy as if his estimate and his target would definitely be achieved so that he forgot the bad possibilities that happened.

I used to have the same problem in my early trading. maybe even 1-10 trades I made I still made mistakes. but from it all, I found my own way to overcome my weakness.

It is very fatal for all of us to invest if we are emotional doing something risky, because we cannot control everything we do at that time, so it is better for us to focus first on something we are doing, so it would be better if we were full of concentration and good control so that we understand the world of the cryptocurrency market or portfolio so that we can be right on target in investing no matter when the market goes up or down

Emotion can affect our psychology and make everything we have just disappear because we can't think clearly. When a gambler is losing, emotion will be difficult to control, he will continue to play with even bigger stakes to get back the money he has spent, he will stop when all the money has run out. Likewise with investing in cryptocurrency, We must be able to control your emotions in order to make the right decision. Because cryptocurrency is a double-edged investment, we can make profit and loss in a short time.

It is one of the golden rule that we fail to recognize and remember in investing, do not let your emotions take over your decision making. It will only lead you to regrettable choices which will soon be felt as you witness good things happening for bitcoin. Always make sure that it is your head that is processing or deciding for your investment may it be during a bear market or even during a bull market. Emotions tend to deceive you and highlight the current situation without even considering what may happen in the future that is why your head should always analyze all the possibilities before finally making a decision.

It is best to ignore all news about Bitcoin and Altcoins if you are trading in the cryptocurrency regularly instead just set goals and do not get affecting by what others say. I think it would be better if you are a regular trader that you do not post or read much on this forum to.

A lot of people trade by emotion, and I know people that do this, a lot of them. They don’t invest in cryptocurrency by doing analysis and research,rather they just wait to see whenever the price will start going up.

And when the price goes up they will start investing in cryptocurrency, because they feel they will quickly make lots of money and get rich. But a reverse is the case, they end up losing money and they get frustrated and withdraw with loss. Their emotions leads them in decision making, instead of their skills. So emotions are very bad in making decision in trading. A trader needs to do steady research and create a strategy they will solidly stand with, no matter what.

I think ignoring all the news and updates may not seem good. You still have to be aware of the current events so you will know if the market has all the chances to become bullish or might suddenly crash and turn sideways.

Controlling your emotions is a big challenge for all traders because your own emotions reflects who you are. Its already there since you enter this world. But if you want to be more successful in trading crypto, better to use your mind over heart. Your mind knows exactly what to do. And it always lead you to where your goal is.
 

Not only when gambling and investing in crypto control emotions is very important, but in all the activities we do controlling emotions is important.
People who can control their emotions are usually able to think logically and make decisions correctly. This is very much needed when investing in crypto,
so that we don't panic easily with volatile market situations. So we can make decisions when it's the right time to enter and exit the market.

there are cases where people have to have emotions to get good results in the trade, especially in this bitcoin market. for example:

imagine that someone is doing day trading, this person does all the analysis and everything is fine and ready to buy, but this person looks at the news and in the news they say that elon musk spoke badly about bitcoin, for example, how this person decided not to put feelings in the trade then she decides to ignore this news and buy bitcoin, minutes later the price of bitcoin drops a lot and that person loses money. in this cryptocurrency market we have to have emotions when we trade

Yah you got a point there! It has always been adviced to trade with what you can afford to loose, so bad most newbies trading skip this rule and uses a huge fund to trade thereby making them being too emotional. All their mind and focus will be on that trade because of the huge funds there  threw into the markets and if the trade eventually goes against them it becomes a big problem which is really very bad for them and their health as well.

If we do proper research on the current situation of cryptocurrency market, definitely the answer will definitely be to invest. But some investors will wait more for the last opportunity. We aren't all lucky, but we can during the dump market. Now we can invest in top altcoins and don't need to worry about your portfolio portions. The current situation isn't good to go to dump again.

Everyone has emotion, usually emotions are turbulent when a person mind is in turmoil, At that time emotions are very difficult to control. In order to achieve the perfect goal, traders must be able to think with a cool head when starting to make decisions so as not to fall into the traps set by influencer or market trend.

Such trading methods are usually carried out by experienced trader, they have considered all the risk that will occur, even though the reality in the market is not as expected, they are not too worried, because the money allocated result from the investment they made earlier.

Don't invest on emotions, and don't invest on the basis of online public opinion. Think clearly before investing.
Be patient and see if it is worth investing first when investing. Don't be afraid even if the coin falls.
Every decline will usher in a rise, so you must stick to your point of view and maintain a good attitude.

The right time to buy when the agreed price is low it is not possible to reduce the risk of losses if the currencies continue to go down when the price rises. Seeing that the crypto market is not stable, we have to wait patiently no matter which way the market goes losses will be less and it is easier to make a profit in the future.

I don't think it is much about how small or how big you have invested but more about what you said about not trading with emotions. If you invested even more funds but you are able to Hodl on to your investment without allowing the market emotion to determine your actions especially when the market has dipped, you are good. Yes people will always lose money if they cant be patient with their investment.

Yes. Research and analysis are the main steps that need to be taken every time you want to do something. be it an investment or looking for a good bounty project. if we don't do both, maybe we will always lose to market conditions

As long as we believe that the market is still small and has not reached its limit yet, we should be confident in holding and buying especially if we think the price has already dipped. Judging the market situation should not be hard if we have the basic knowledge and enough experience because basically the market moves with pattern and it is always possible to see a big dump before it will start a new bull run.

yeah, this has happened to me. when I collect a coin a long time ago, the price keeps dropping, however, I still keep collecting it, and hope the money I have can come back. Well, after a long wait, the price went up a bit, and I sold the asset I had because of the emotions I had, and apparently, the price of the coin kept going up when I sold the asset I had, and that made me regret it.

So, I also suggest that you only sell your assets when you need them. when it's a pump, try to sell little by little and adjust it to your needs. sometimes selling assets in a hurry makes us lose large amounts.

 8)  In actuality, it's simpler to say than to do; for example, there are traders who can read market movements and benefit by buying it back when the price decreases, since a trader need expertise and project knowledge to profit in the market. If you don't want to take a big risk, you should invest in bitcoin or other top coins and hold them for a while.

The issue with that rule is that keeping the rule up is in itself kind of an emotional process. :D I think it also isn't distinct enough to just say put your emotions aside. Analytics and emotions aren't necessarily mutually exclusive or contrary to each other by a 100%. Not sure if I convey my thoughts comprehensibly here, but excitement also is an emotion and perhaps exactly the emotion that made you make a rational decision to get into the crypto market. I would rather say you should try to not get overwhelmed by your emotions or let it frequently lead you to make bad decisions. If that happens, you need to reiterate your approach. Emotions can also be a healthy warning signal. If the coin you are holding drops like a rock towards zero and you are sitting on your chair without any emotion, telling yourself thing will turn out to be good, haha, funny scenario to think about.

Good point, there are  certain situation that you needed to consider when you are dealing with this kind of business.

The fact that emotion always influenced your decision-making if you failed to control yourself or if you failed to work with your emotions the next thing you'll see is making decision in the early stage either selling or buying your assets.

It's always better having a balance mindset, for sure it leads you to the right side in succeeding your plans within your target time.

The truth is, a lot of people can't afford buying or Investing in any coin during  a bad market or during a market dump, because they are afraid of what will become of their coins, well it's okay to feel that way, but also for many people that is the best time for them to invest. For instance, take a look at the market months ago, you will see that is was not encouraging but those who took the risk on good coins are already in profit now, because one good thing about good coins is that, once the market becomes favourable and pumps, people will start going after those coins they once believed in but couldn't hold, and where some will will be lucky to get in at a lower price than they sold earlier others will buy higher; this is already happening, take a look at ETH to begin with.
Therefore, in addition to not trading with emotions, it is also very important to trade or buy as at when due, if you don't buy when the price is down, don't bother chasing after it when it has grown so much.

Well, it's a basic advise but it's on of the most important. And i think it need to be seen by new people and be reminded for those who are long time in crypto world. Because you can easily forget about basics at some point.

Forgetting about some basic principles in Trading is normal but one has to get prepared and be conversant with some Trading rules which can be a good tools to one's trading journey. Like

✓Checking the Market chart regularly
✓Risk management
✓Law of Retracement
✓Trading Plan etc.

These can serve as a guide to new traders in order not to make silly mistakes.

If someone forgets the basics of trading, it is a natural thing because human nature is the place to be wrong and forget, but what needs to be paid attention is not to get too emotional when trading, we must be more careful in reading market charts, understanding the risks of what is happening. we buy and plan neatly, maybe it can anticipate a little beginner so as not to make mistakes continuously.

Emotions in trading or investing should never come in between beacuse then your mind and heart will never be insync and at the end whatever results happened you will never be happy. Because if you invest and market falls then you will have all the reasons to blame and if other way around and you did not invest and market went up still you will blame as your heart said to invest buy mind was not allowing you to take that decision and you will remain unhappy in either ways.

not only for new traders, usually many traders who are not observant will experience events as you say. In trading, you should be smart in reading market conditions and not prioritize the desire to get rich quick.

I don't even trade anymore considering how high APY staking rewards are for Ethereum and NEAR. It's not worth risking losing your money trading.

Emotional control for beginners is very necessary. because if you don't use it, I think it's dangerous. beginners tend not to use emotional control well. especially if you are eager to trade. it can be one of the biggest causes of defeat. so I think emotional control should be needed by anyone

In fact, it's easier to say than to apply it directly, sometimes there are traders who can read market movements by means of a cut loss, to make a profit by buying it back when the price drops, as a trader needs experience and project knowledge to profit in the market. but if you don't dare to take a high risk then it's better to invest in btc or other top coins and hold it for a certain period or until the coins you invest go up high

Investing is a very broad field and there are many challenges if you do not have investment knowledge. So it is better to learn the basics of the investment you want to make in order to avoid such investment of using emotions rather than knowledge. Personally, I have lost a lot of money on some currencies because of emotions, but now I have knowledge about investing so it is difficult to lose as often as in the past.

Emotions are very important in the crypto market, those who have patience and never sold the crypto in emotions never lost their money and those who have no patience and selling in emotions will never earn money from crypto market. so, first of all, you should get knowledge about trading after that you should trade in the crypto market so that you know the condition of the market.

yes, your suggestion is correct. because so many people lose their crypto assets due to emotion. and many people buy altcoins when the price is rising because the popularity of altcoins is on the rise. Like Dogecoin, many people have lost assets just because some time ago Dogecoin's popularity was on the rise and it turned out to be a drastic drop in price. it all happened because of uncontrollable emotions.

Everyone has emotion at every trade they engage in, but the we handle it differently with experience we have all gathered in trading.
I was watching a video of YouTuber who lost 100k of his leverage position, it was 3x actually but the market didn't goes as plan and he was mad that he should have listen to his body language and emotions when the market wasn't going as planned but he refused until he woke up to margin calls that his position has been liquidited, this happened when the market is usually volatile.

to avoid our emotion explode, we must have good trade and use proper money management. most of us now didn't care about risk and money management and it is be the reason why our emotion uncontrolled and easy to be panic. if we have proper money management in each trades, i am believe it will not happen to us.

Humans are emotional beings, so it’s hard for us to be good traders. If you buy in high and watch the price drop by 600+% you obviously get scared and many times panic sell. This is why investing in long term projects that you believe will be huge in 5 years is important because it allows you to keep your money in the project and not worry to much. Obviously losing that kind of money hurts but if your mentality is that you will be profitable in a few years and having the money right now isn’t important then you will be fine. You haven’t lost money until you sell. An example of this for me is I bought NEAR at $6.50 and during the bear run the project went all the way down to $1.60. This sucked but I still believe that within the next 5 years my original investment will 10x or possibly even more, so I’m not to worried. My research strategy was solid and the project is solid so even though it sucks it’s not the end of the world. It would have been easy for me to panic sell though and then I’ve been fucked.

Very nice advice its should fallow all new trader from my personal experience I can say market when down this time I invest all time. when market pump then I sell it I want to add one point don't invest in selly or meme coin always invest this token or coin who have own block chin just like ETH Or TRX or Sol or DOT etc and always invest the news base token.

Not just needed but a must before you invest your money into this business, with knowledge behind you your chance of success

is far better than those who thinks that trading is just a easy passing way to richness. emotions mostly affects you deciding so

like what the title said, trading with emotions most likely harmed your investment.

Good advice. the fact that there are still many who have not been able to control it, especially for beginners where fear, reduced asset value is still very vulnerable to ending with cotlos (panick sell) where BTC corrections occur at any time, even though many already understand how to read charts, candles or join related information channels on how to trade safely.

I think a blanked mindset is a good term to describe what is needed. Putting emotions aside doesn't make sense and usually hardly anybody can do that to its full extent anyway. If you are good at keeping your mindset in balance, staying calm when developments exceed your expectations in either direction, that's what I think is required to be successful as an investor.

Never trade on emotions. It's a good idea to avoid trading when you're not in the mood. Trading while greedy might lead to ignoring goals, stops, and other elements of trading strategy. User can become overconfident, which can lead to poor trading and large losses. As a result of all of these moves, traders are less likely to stay in the market. We won't be able to tackle this problem by suppressing emotions.

Good advice though. With the experience I've gathered in the Crypto business, I think bear season is the best time to invest but most people don't because they are just too afraid.

emotion will only make our trade become worse, we could not clearly controll our mind when something bad happen to market. sometime we be panic when emotion dominate our mind , our trades finally based on emotion not to technical or fundamental analisys.i am agree our experience will guide us to earn profits.

investing in altcoins and trading altcoins are different things, people who invest generally do not need to spend all day at the computer looking at the price to buy and sell, while people who trade are forced to stay all day at the computer to buy and sell and for that they need to know about technical analysis, it is very stressful to trade and especially after a long and tiring day trading the person does not put emotions. Is something difficult


no one likes to lose money and that's why people put emotions into trading

When trading cryptocurrencies especially in the futures market, trading with emotions is the biggest obstacles that make a lot of traders loose money. This is because when you trade with emotions and you put your technical skills or fundamental knowledge to the side the emotions of pushing into entering the wrong trades into being impatient for proper powerful status and also emotions will make you over leverage your account and over trade especially when you're in the other that is why it is not advisable to trade with emotions in the cryptocurrency market especially if you're trading in the futures market

That's how it is ... many ignore the analysis, because they are already controlled by emotions that want to make instant profits. Fomo is dangerous, especially if you don't have the knowledge, it will be easy to get carried away by emotions and join in for fear of being left behind, in the end all decisions are made based on feelings alone. I always say that the crypto world is not as easy as it seems, what is often shown in the news is the rise, in fact there are many storms to be faced. if there is no preparation then you will only be caught in a loss.

I've experienced something like that, when the portfolio that I have price drops, I sell it without thinking. emotions made me sell all the coins I own (CSI) I sold them because the crypto market situation continued to decline, a few months later the coin was listed on Binance, I was not disappointed with that choice, because from there I learned how to hold back emotions when we invest

In fact as a newbie in trading it is a big challenge to control emotions, it either the trader's account got rekt once and must have learnt a lesson before taking emotions very serious. I was once in that shoe before when market dealt a big blow to my account, though it is a small account. However I came back strongly with more experience and ability to control emotions and fear at some level with discipline.
I believe if every new trader put the issues of emotions in trading in check such traders will surmount any challenge of emotions that comes to their way without any fear.

Sometimes we will be smart on our own with the experiences we have been through. So trying is not a bad thing for beginners. Instead, we have to be brave enough to try so that our skills are getting honed day by day.

With the speed of the cryptocurrency market moving, it is difficult for us to prevent emotions from happening. The market goes up too quickly and falls too quickly and many people lose money. It's true, I advise people to use only part of their money for a long or short position because that way you can average the price more easily. The next thing is to prepare psychologically and knowledge for each transaction. Like the owner of the post said: Prepare well before trading.

This is like going into the market with a mindset to throw away your money. I will always say this anytime any day, experience will always be the best and the most effective teacher of all time. Last year, I lost close to a thousand dollars trading on forest. All because I went into the forex market with having an adequate knowledge about how the market works, I paid for it anyways. I was looking with my eyes opened as my hard earn money was going. I cried that night before I now decided to go and learn more about forex. After almost a year till now, though have started trading back, but I'm still learning every single day.

If you don't understand trading relationships and are new here then never do emotional Settle  trading. If you trade without knowing it, you will face huge losses.Sometimes it is seen that many people trade emotionally, they often face a lot of losses and later they use this cryptocurrency in a very bad way. So I would say don't do anything out of emotion while trading here.

Too ambitious to invest when the market is bullrun as it is now, will indeed cause losses. Especially if it's greedy. Investing is indeed
what we should do if the market is down so that our bullrun can take profits. Don't let us suffer losses because we take the wrong step.
It's also a lesson for me. Of course because I once did a stupid thing, which is to invest in bullrun. Where when the price of bitcoin and altcoins is high.
I'd rather be a little patient to invest when the market is bearish.

It's the old adage "be greedy when people are fearful".  This always stands true.  The name of the game is buy low sell high. Bits really hard to sell when everything is euphoric and hard to buy when it's so glum.  If you adjust your thinking to the opposite then you will be better off.  So yeah don't trade with emotion trade with the sense of being greedy when people are fearful

Most of the time, there are traders that do that emotionally. They can't bear what's happening and it's hard to battle it specially when you keep getting losses.
You cannot control yourself with that because  you're thinking most of the time how to recover it but the opposite is what you get.

Emotion is really a thing in trading. Especially for beginners, easily getting freak by pumps and dumps. I traded with emotion and i got hurt so bad, i burn my portfolio to ground zero, i had to source some little funds to resuscitate my portfolio after learning well from my mistakes of trading with emotion. Trading is no family business so do away with that phenomenon in the tradingsphere.

Don't panic if the market is going down in price and full of concentration without having to use emotions, because every trade using emotions will end badly so that in the crypto world we really need control that is strong enough to analyze so that if the market goes down we won't be fooled to switch to Alt or other crypto

I admit it is not easy to control our emotions when trading, sometimes a bad market situation makes us depressed and without realizing it
we trade emotionally. Because everyone who trades very difficult can be calm seeing the losses that occur. To be able to control our emotions well,
it takes a lot of practice and will definitely go through a long process. So if we see someone who can control his emotions when trading, that person
must be experienced in the trading world.

Trading requires patience as well as a good analyst. Therefore, before deciding to trade we must really know the market so that we can choose a good coin to trade. Many people feel in a hurry to get big profits so they will panic when they see the market starting to turn red, even more so if they see the crypto market going down and finally panic selling.

If you're new to this and don't understand trade connections, avoid emotional Settle trading. You will lose a lot of money if you trade without knowing it. Many people are known to trade emotionally, often losing a large amount of money, and then using cryptocurrencies in a negative way. So, while trading here, I would advise you to avoid acting on your emotions.

There is a reason why only about 5% of traders actually make enough profit to live off as a trader, either in cryptocurrency or ano mm y other financial market and that is because most traders focus on just 1 of the 3 essential pillars of trading.
The 3 pillars of trading are, 1. Technical Skills, 2. Money/Risk management, 3. Trading psychology (Emotional aspect of trading)
Trading with emotions combined with poor risk management is the easiest way to blow your trading account or get massive losses.
Of course you cant just turn off your emotions, but you have to actively work on your trading psychology in order to be successful

Not all people are like this. But I get the idea and point and it's really there when someone keeps on winning with their trades, he/she cannot stop because there's something that's being waited.
And because that they are not taking profits and securing the gains they've made, loss is inevitable and that's why some have been emotional because the profit is already there but they've taken it for granted.

Trading is an important issue, in addition to the experience here you need to be very patient. Emotions have no place in trading. The more emotion there is, the more likely you are to lose in trading. In trading, you have to work without emotions or you will have to face huge losses.

You are right, when one trade on emotion most times it lead loss, greed and many other, it has more disadvantages than advantage if there is, in any investment one just need to have discipline, to make the right decision and at the right time. Even in any business Emotional Intelligence is the key to success.

Emotional trade means that they give more priority to their emotions by ignoring the technical part. There are many indicators and market strategies in the case of trading, many times looking at the indicators it is clear that the market will rise or fall. But even though it is a clear dump, emotional traders hold their coin thinking that there is no change in the market. For example, All of the Dogecoin traders are emotional traders, they are doing business with a coin that has no fundamental background & they also know that.

I prefer not to trade in crypto. Price fluctuations in crypto tend to be high and I don't have the skills to analyze prices well. I prefer to hold coins for a period of a month or 2 months. Indeed, trading requires psychological calm because emotions sometimes make us greedy which will lead us to losses

unfortunately most of us scarry buy on dip although it provide many opportunity to get highest gain. mentalilty and trading psychology need to improve so we will have better trade result.

You can read from various sources on Analyst trading, money management and crypto fundamentals. if you only hold the coin for 2 months like you are trading on the 2 month time frame, holding the coin is preferably more than 1 year, you should keep a  watch on the price chart to determine when you should sell. trading with emotionally does make traders lose a lot of losses, I've experienced that. now I have to be more careful and know what coins I should hold and sell.

patience was needed if we want best price level in our trades, never trapped in FOMO because price will always correction and pullback.

Yes I think the same never trade on emotions I agree with your all points.

yes sir also think the same if anyone is a new user please listen to care if you have holding power then you should invest but if you have no patience or holding power then. I suggest you. you should avoid investing and trading.

Holding assets always the tough job for every traders, investing with so much emotions leads to lose your money.

If you aimed to succeed, it's best to practice first and learn all the fundamentals that will help you to fully understand on how the market runs,

most of those who lose in the short run are investors who have too much emotions, fear always interfere to make a mistake deciding what to do when they experienced too much dumped inside the market.

If you have the right training it will not bother you as you know that it's part of the volatile nature of this industry.

Trading with emotions is no different than without knowledge. If there is a case like you said maybe they are beginners who do not recognize the basis of crypto is a volatile asset. They hear crypto is a good way to invest from other people's words, and digest it like investing in property or gold. This is where they will get hurt because they don't understand what crypto is.

what you mention is also part of research and analysis as I mentioned above, someone believes that the price of the coin he holds now will exceed the current market price in the future because he is smart in reading candlesticks or is able to understand chart signals. It also cannot be separated from the market analysis carried out

Trading with emotion?  They give most priority their emotions  to avoiding technical part. Remember that emotion has never place in trading. When you start trading then you need to more patience. Patience is key for trading, dont be panic. So you need to control your emotion in trading.

Yes If we trade on our emotions we will definitely lose at some point because trading does not run on emotions one must have some basic and fundamental skills of trading. Proper research about the coin you are going to buy and never buy on another opinion as most of telling you those coins that they hold in their portfolio whether it is a good or not.

Trading with emotions will lead to bad trading decisions sooner or later, better to learn how to trade with trading plan than randomly opening orders. Greed and fear are considered as bad emotions for newbie traders since they don't have clue how to manage trades if things go wrong,IMHO. Newbie traders should learn the basics of trading before trading and using the demo accounts will help the me before blowing the next live account on the volatile crypto markets. The new traders have to obey the gold rules of trading before trading on volatile markets, otherwise, REKT is the final destination no matter how they think about the end.

I will likely say it's always good to make your action control your emotions in crypto, don't let your emotions make you FOMO into the market, know when to buy and when not to, seeing a pumping market your not supposed to jump in, wait for a correction or better still let it go, one thing we need to know is that chasing a pumping market can be very much risky it's better to wait for the market to come to u or better look out for another coin which is yet to fly.

Giving importance to emotions in trading will not benefit you in life because emotions never find a place in trading.Those who are new to cryptocurrency know that extra emotion and greed for more power will never bring you anything good in trading.

Yes you got it  right, trading with money you can't afford to loose can  cause you being so emotional, using the only money you have to trade is one of the reasons to bad trade because all your mind and taughts will be in the trade and might likely push you to taking the wrong action, which might result to a lose. And to be sincere this likely occurs between the newbies because they lack experience in trading and always having the mindset of making so much profit which contributes to their lose.

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We should be knowledgeable enough if we going to invest because investing is not a joke it involve money. We have different strategy how to earn in alts, we should do the best, be vigilant observant and review market movement of the specific alts you've targeted. I agree some investor doing a panic and make there funds in to worst by selling it in low price because they afraid to loss but they already lost already by doing a retreat of there funds by emotion.

Entering into investment or trading specially on crypto should first have enough information and knowledge to anticipate scam, fake, and of course emotional trading basis. Emotional traders will always experience worry and panic selling when the market is not in good condition. It is recommendable to deal crypto trading or investment with knowledge and proper approach to become effective.

Indeed trading on emotion is one of the greatest mistake any one can make, I have fall a victim of that on several occasion, because of ignorance, I earn a token long time ago from bounty ( Propel) which I sold about 50$ after few months the token was wort over 300$ after a pump. I waited for it to fall a bit and I Bought the token back, because I believe it's will rise back, currently the token have reduce over 100% down.
What you have observed is a good one and anyone who trade with emotion has a high risk of loosing both capital and the interest which the person wants to achieve.

Well, whatever is decided because of anger, lust, greed, and others, which are related to high emotions, it will definitely bring losses. I do that often, and often at a loss for it. maybe, some tips for trading are

• take when you have profit
• don't be greedy
• don't follow someone, but do your own research
• don't sell or buy when panic
• be patient
• believe in what you have

however, when you choose to be patient and choose to make the best possible decisions, the risk of loss you get will be smaller.

People who still have panic must always learn to control themselves first, because it will not be good if they have to jump directly into trading, because any trade always has more risk and must always be understood by traders.

Trading while feeling greedy can cause us to ignore targets, stops, and other parts of our trading plan while thinking with emotions it gives you only overconfident which can also disadvantage for trading and end in losses. So never trade on emotions.Emotional trading is when a trader or investor have personal feelings and emotions effect on making decisions.Sometimes it can be helpful, but mostly bringing emotion into trading is a bad idea🙏

Yes I Agreed, actually we can't use emotions in any kind of work and mostly in Crypto trading. People use emotions and greedy in trade and they get loss, I would like to say some word as per my little experience.
Start buying when market goes down and sell it when market goes up and its a Trading.

Yes, of course cryptocurrency can never be based on emotion. Nothing happens with this cryptocurrency emotion. You just have to be more discriminating with the help you render toward other If you have enough ideas about trading and can do signal and market analysis then you can make profit by trading.

Agreed. Just a little update to the market, the market is now bullish and probably many alts are pumping right now. As traders, we have to control out emotions and do our research before entering a project. Aside from being excited and wrecklessly entering a pumping alts, it is wise to have a deep research if that project is worth the price or no.

I feel that the advice when entering the market is to learn to control emotions, I have been following this electronic market for quite a while about 4 years and I see that a lot of people especially newcomers to the market usually If you can't control your emotions and always lose, you need to practice your emotions before the fluctuations of the market to become a right investor.

Emotional intelligence is one of key factor that determines the basis of a good manager, hence decisions taken on emotion basis are wrong and most lead to failure, so as a crypto trader its expected to trade with fact data not on love basis, to make good return on any investment.

Trading with emotions is really bad because it can cause a trader making the wrong decision, and also to be able to be patient enough a trader needs to be sure if the moves he takes in trading, for example you need to be sure the coin you bought or long is a potential coin which will be better in time to come because if it's a coin which isn't good enough your patience will yield no result, because the coin won't increase in price that much.

It's not hard to figure out at this point, because the best doesn't have to be seen from a very large profit, because every good Altcoin is always in a good position and also lives in the market through trading volume, so knowing it is not difficult.

Its very important for us to know that market corrections is imminent and that's the golden opportunities to buy good coins  that already showed prowess and has used case utilities in the blockchain ecosystem while dip market is on going will surely survive and come back stronger when green market is coming.

Panic is a major problem for traders, especially for those who are still beginners, most of them invest based on what they hear from others without doing a detailed research, so that their emotions are unstable when facing fluctuating market conditions.

yes, I also experienced that trading with emotions and end up losing money because I suddenly panic when the price of the coin goes down. I think the strategy here is you must be patient, set your target price to sell and also just be contented with your profit.

Set your target and make sure to have deeper knowledge with the asset that you choose to invest,

it's common for every individual to panic when unexpected falls take place with their investment,

but the person who has better understanding would not quickly to take the action but
instead, it will give some time as bounce or recovering will be there after some corrections.

If he is still a junior, he may be afraid when he sees the value of the coin decrease, but on the other hand for those who are seniors it will be an advantage, because if the price goes down they will take the opportunity to buy coins and wait for the price to rise, of course this requires patience. In my opinion, if you want to invest, don't use all the funds in one coin, but invest your funds in several potentially profitable coins.

Many people lose money in panic when prices are falling, because they are afraid of losing a lot of money so they sell it immediately. we should buy coins when the price is down not when the price is up, so we can sell it back when the price goes up, maybe it all takes time and requires patience not emotion. so don't buy altcoins when the price is rising because it can make you lose.

Yeah, nice suggestions, almost bone of trading rules. Unfortunately, not everyone gonna obey the mentioned rules, they want fast results with wrong mental health. Risks are there always, as traders we have to be careful about money,risk management rules. Not all traders have the same level of patience, they prefer to go all in and get the all profit on the market than slowly building. Healthy trading decisions will bring the luck factor, so they will be able to make the same percentage gain on capital due to the rule of "patience is virtue", IMO.

On Emotions can be never traded. It is not possible to earn with emotions. Patience is the main tool in trade. Emotions should not be traded with any coins. Coins that will be upgraded in the future will have to be traded with those coins. We have to move forward with the aim of reality, not with emotions.

Thanks for the advise, you are correct, never trade on emotions, do not panic when the price drop to avoid more loss of your amount of investment.

I almost agree with all things you have listed except this one. We can have suggestions from experts and I think that's okay. Just the final decision to invest or not is yours to make.
Emotion sometimes has a positive impart too so don't forget about that.

I agree with op. There is no gain in emotion. But if you fall in love and get greed, then greed is inevitable. Greed destroys people. When you see a token price going up, don't go to buy it. You take a little time. After the price increases, take time until it decreases again. Then decide what to do.

This topic has already been discussed many times, but still, no one really listens to such advice. Until the beginner feels the hard way that it is he will not understand. Having lost their money a couple of times, anyone will quickly understand how and what to do.

Regarding this, I agree and in fact I always advise people to use only part of their money for long or short positions because then you can flatten the price more easily. The next thing is to prepare psychologically and knowledge for every transaction etc.

Yes one should never trade with emotion. You should not take trading without a complete market analysis. It has been seen that sometimes many people make a wrong decision without losing a lot This causes huge losses in trading and loses profits. So I would say that if you want to trade, you have to do a complete market analysis and start trading with you.Then you will start trading.

The word emotion should never predominate in cryptocurrency, emotion will not work in trading platforms because cryptocurrency only predominates in real things. Someone to trade on emotion Don't go.

And if they realize that they are still very minimal about trading and investment knowledge, these newbies should have more questions and learn through their own research to prove every word they hear from other people.

Take time to analyze and keep yourself away from any emotions inside, greed blinded you up when you are dealing with this market,

the more you attached yourself the more you take for granted other indicators, following
without doing your research will harmed your investment. Emotion should be separated from your decision making.

always be reminded that in most cases people who trade with their emotions regrets the outcome,
work more with the strategy and patterns that you'll going to use instead of following any emotions inside you.

I fully agree with you, as different emotions lead to the loss of your money, I also had such experience, long time ago I also started to learn cryptocurrency trading and because of various emotions I did a lot of mistakes in cryptocurrency trading and because of this, I lost a lot of money, but after receiving experience in trading, I already understood what to do and how to control myself and so now I am no longer making that huge mistakes in cryptocurrency trading, and also I am very rarely engaged in cryptocurrency trading because its very hard to make profit in crypto trading and it takes too much time.

Actually it's very clear that in terms of any work one must have a very healthy mind and no need to bring emotions to finish it, because now whatever we do there must always be a strategy and also a way to play it, if that doesn't exist, then success will never exist at all.

That is true that the main reason why people lose in trading is because they tend to use their emotions instead of looking for technical and fundamentals of trading. They tend to get afraid and scared every time they see that the market is falling but its a very wrong move I think.

The cryptographic money market is large and adaptable with much feelings credited to it when exchanging or contributing. Exchanging with cash you can't stand to lose can likewise trigger feelings that could influence one exchange. You can cost normal and purchase each time it goes down or up based from your financial plan. That is a successful system so you don't botch each purchasing opportunity or at whatever point a cost goes down and one more round of lessening occurs.

They are afraid not because of emotions or lack of techniques and fundamentals in trading, but rather because they are impatient and think broadly when they have been trading in a matter of months or years.

This category includes trading beginners who do not have an ideal understanding of the crypto world, but they tend to take advantage of the bull run moment for instant profits, when the market correction conditions occur they will cut losses because they are unable to control emotions due to losses from short-term trades, that's the risk in trading if there is no knowledge then there should be a need for crypto trading analysis knowledge.

Because they don't fully understand how the market behaves, then their decision will eventually result in losses in the long run, riding when the market is in a bull run requires extra precaution as anyone could also dump due to the result of market manipulation.

So, anyone who has little knowledge that witnesses a big dump might easily panic thinking the bull run is over and the price will dump hard, they are thinking of taking advantage but in reality, they were the one who was taken advantage by the whales or the market manipulators.