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261  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Market has returned or not? on: August 14, 2018, 12:16:44 PM
It seems like miners are trying to keep Bitcoin price above $6K in order to keep their machines on, while Wall Streets sharks are trying to drive the price as down as possible so they can get some cheap BTC before the ETF approval, whenever that is.

As seen people are allocating money from alts to BTC to minimize losses and this results in the biggest blood bath ever.

What I do is buy more of the top 10 alts that already went to some previous key resistance levels and waiting for the next wave to get some rewards.
262  Economy / Trading Discussion / Re: How to get rid of emotions when trading on: July 29, 2018, 08:06:17 PM
One simple but very effective thing you can do before you pull the trigger is think about the reasons why you want to do this trade and whether is inline with your principles (assuming you have some).

It's like when you're addicted to shopping...best thing you can do before buying another pair of shoes is ask yourself: Do you really need those?

If you let yourself doing impulsive decisions - you'll be broke in no time  Undecided
263  Economy / Trading Discussion / Re: How to get rid of emotions when trading on: July 26, 2018, 03:37:38 PM
I was in the gaming business for 15 years, played Poker semi-pro for about 18 months before my Son was born. Emotions are the most important factor by far in both gambling and trading.
If you're a daily trader your emotions affect you exactly the same like they do on a poker player. You start fresh with clear mind, play your best game, win some hands but after few hours you start getting tired and someone gets lucky and take your money when you had him beat before the river....in most cases you TILT. Same thing happens when you over-trade.
So don't let your emotions get you in trouble...if you did few good trades, call the day...other wise you may lose more money in one bad decision.
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