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Author Topic: Investing or trading with emotions  (Read 274 times)
AVE5
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April 01, 2024, 11:03:41 AM
 #21

It is important for a beginner not to invest or trade with emotions and at a time that you're experiencing losses you just have to know that you didn't follow some important rules that stand as tools needed for investment.

We're humans and not AI's that can be projected without being emotional. Especially where we've our funds invested? Psychologically there's no Possibilities to eliminate that fact.
Op, also think twice that if we don't invest or trade by emotions there'd usually be investors who'd invest more of what they can't afford to loose so, due to understanding our emotions, that's why we're asked you to Invest with what's affordable to loose as beginners. Instead beginners can be inspired to control their emotions so that they wouldn't feel biased and sentimental with the markets when they're found of losses.
Their ability to take control of their emotions would also entell to them that they've gone contrarily with ther investment demands.

Richbased (OP)
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April 01, 2024, 11:14:47 AM
 #22

It is important for a beginner not to invest or trade with emotions and at a time that you're experiencing losses you just have to know that you didn't follow some important rules that stand as tools needed for investment.

We're humans and not AI's that can be projected without being emotional. Especially where we've our funds invested? Psychologically there's no Possibilities to eliminate that fact.
Op, also think twice that if we don't invest or trade by emotions there'd usually be investors who'd invest more of what they can't afford to loose so, due to understanding our emotions, that's why we're asked you to Invest with what's affordable to loose as beginners. Instead beginners can be inspired to control their emotions so that they wouldn't feel biased and sentimental with the markets when they're found of losses.
Their ability to take control of their emotions would also entell to them that they've gone contrarily with ther investment demands.

Definitely we are humans of which there are times we can't really control our emotions due to our humanly feelings but just like you stated, we should be able to invest or trade what we can afford to lose without being emotional about it, although trading involves more of emotions than investing because trading requires consistency and frequently check-ups in the market whereas investing deals majorly with allowing one's investment grow as time goes, though there are still some certain risks that are involved but the risks is lower than that of trading but however, regardless of the fact that we are likely to face emotions when things ain't working in our favour but we should be able to control it as that is the way we can have a technical understanding of the dynamics we would take our investments or trading to.

AVE5
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April 01, 2024, 10:02:24 PM
 #23

Investing and trading different, both can be done simultaneously and you no go get any challenge. Investing no get much work as all you do after you dun see coin wey you wan like na to buy and hodl am. You no need to they monitor the market or do anything active but just wait until time dun reach wey be say you dun get get better profits and you sell or you wait until they time wey you give yourself to hodl dun reach and you sell. Trading na say you need dey active for the market and they buy and sell almost daily so doing the two no get problem. If you plan yourself well you can multitask on various profit generating activity and come out successful. People dey wey dey run am so e no dey impossible to achieve.

You're right, investing and trading are two different sources of income just as you made it clear. In the crypto investment, it actually doesn't require personal skills such as it's in trading of striving and strategizing on how to attract profits accountabilities either by predicting the market lines and you must be ensured of being on the right track else you may be indicted to lost of funds accounts.
In bitcoin or other crypto investment, you're only required to discover a desired Coin study about the potentials and then Invest your money and give it time while it generates you income without personal energies or aids required.

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