Tradescoinz
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Activity: 35
Merit: 0
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February 10, 2017, 12:33:59 PM |
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The best way to manage your emotions is to gamble everything you have. So you can't gamble anymore! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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d@nte
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February 10, 2017, 02:51:21 PM |
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The best way to manage your emotions is to gamble everything you have. So you can't gamble anymore! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well, I'm not against gambling, but managing money that way is the way for people who want to have big disappointments. Unfortunately, some people only learn after heavy losses, but I think this is not necessary because learning must come from effort and dedication, not from unpleasant experiences.
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jovs
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February 10, 2017, 03:09:23 PM |
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The best way to manage your emotions is to gamble everything you have. So you can't gamble anymore! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well, I'm not against gambling, but managing money that way is the way for people who want to have big disappointments. Unfortunately, some people only learn after heavy losses, but I think this is not necessary because learning must come from effort and dedication, not from unpleasant experiences. We all have different perspective in seeking how we can learn. I think, learning from experience is just a help to learn, not basically the way you must learn on something like trading. Experience teaches us to be guided so that we wouldn't redo or repeat bad decisions or mistakes we have done from the past. Effort and dedication can help to achiever better in trading, however I think patience and using critical anylizations would help more.
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bitgoldpanther1978
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February 10, 2017, 07:28:45 PM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
This is the weakness of the people in this industry most of the time, but psychologically, its not good if the emotion of ours is the one who controls us, especially if ever the price down at the price you invested it, instead of panic, stay calm and relax so that you can still think normally, for you not to become hysterically.
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BitcoinGirl.Club
Legendary
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Activity: 2870
Merit: 2760
Bitcoingirl 2 is downloading 💓
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February 10, 2017, 08:59:07 PM |
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You can not always hide your emotions if you can cry you do it that should relieve you. If you are gambling you lose one bet go all in the next one you just might win your smile back
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diegz
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February 11, 2017, 12:38:36 AM |
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I am now trading altcoins, usually I trade when the market is fast moving. That way I don't feel nervous about buying coins. But when I am not sure, I usually leave my coins on the bid and wait. As much as possible I don't want losses. Patience, you should have that when you are into trading. As much as possible, observe the price movement and the bidders. Sometimes they are tricking you to sell more on low price, don't ride with them.
So that's it, I set aside my emotion when I am trading to avoid too much mistakes.
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soul-impact
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February 11, 2017, 09:42:04 AM |
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I am now trading altcoins, usually I trade when the market is fast moving. That way I don't feel nervous about buying coins. But when I am not sure, I usually leave my coins on the bid and wait. As much as possible I don't want losses. Patience, you should have that when you are into trading. As much as possible, observe the price movement and the bidders. Sometimes they are tricking you to sell more on low price, don't ride with them.
So that's it, I set aside my emotion when I am trading to avoid too much mistakes.
There are not many people who can be patient like you because most of them are very panic and scared that they may lose their money if they do not sell everything. The emotions create a lot of negative and positive situation while trading and it is necessary to learn how to manage your emotions because it will provide you the skill to become more patient in trading
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Loganota
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February 11, 2017, 02:10:46 PM |
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This topic is interesting, after some losses in the beginning, I decided that the most appropriate strategy for me and my emotions is to hold. As they said, investing more than you can lose only makes you lose, I started with very little and from the moment I felt comfortable I was increasing, so I was not affected by my emotions.
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emezh10
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February 11, 2017, 02:42:25 PM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
I will gonna say to my self that I am broke now tomorrow will not. And I will calculate my past profit for me to recover in that situation hahaha. But I usually forget about that and start trading in the other day. For that is the part of trading but I am totally affected when I loss. But move on is a must in trading so I will forget it and trade again
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Edraket31
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February 11, 2017, 03:30:23 PM |
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This topic is interesting, after some losses in the beginning, I decided that the most appropriate strategy for me and my emotions is to hold. As they said, investing more than you can lose only makes you lose, I started with very little and from the moment I felt comfortable I was increasing, so I was not affected by my emotions.
Perhaps, you did a great job! That is one way to overcome our fear in losing money, we have to lose first then after a while acceptance and moving forward should be next. Little by little I did same thing, I am now holding what I can afford for now and not to push myself too much so no worries in my part if the market goes down.
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stevano
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February 11, 2017, 04:35:31 PM |
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If we are successful then the one versed in regulating emotion and satisfaction in gain, the size should be grateful for, not to get carried away mood
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dunfida
Legendary
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Activity: 3178
Merit: 1147
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February 11, 2017, 05:45:52 PM |
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This topic is interesting, after some losses in the beginning, I decided that the most appropriate strategy for me and my emotions is to hold. As they said, investing more than you can lose only makes you lose, I started with very little and from the moment I felt comfortable I was increasing, so I was not affected by my emotions.
Perhaps, you did a great job! That is one way to overcome our fear in losing money, we have to lose first then after a while acceptance and moving forward should be next. Little by little I did same thing, I am now holding what I can afford for now and not to push myself too much so no worries in my part if the market goes down. Acceptance and experience which would really mold us to be better traders and same as you said we would really learn little by little along the way and we would able to handle or control our emotions because this thing will surely affect us if we don't put attention into it.
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BitFinnese
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February 11, 2017, 06:19:09 PM |
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The best way to manage your emotions is to gamble everything you have. So you can't gamble anymore! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Lol, that is not about managing emotion, rather it is about managing bankroll ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Haven't you thought about what the person feel after he gamble everything?
Aside from taking deep breath and a sigh, letting go of the things I lost make it easy to accept and make the emotion to calm down when it starts to take control.
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Potato Chips
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February 11, 2017, 07:03:00 PM |
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The best way to manage your emotions is to gamble everything you have. So you can't gamble anymore! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Lol, that is not about managing emotion, rather it is about managing bankroll ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Haven't you thought about what the person feel after he gamble everything?
Aside from taking deep breath and a sigh, letting go of the things I lost make it easy to accept and make the emotion to calm down when it starts to take control. Well that must be a bait post because even a 12 year old would know its not right. Seems like its not just spammers and scammers are here but also the bait posters are. Better ignore them because all they want is just peoples attention . Managing your emotion is a hard thing to do and most people can't do it or they don't. For starters, Just know yourself and your weaknesses and start coping with it.
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diegz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2017, 10:46:23 PM |
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I am now trading altcoins, usually I trade when the market is fast moving. That way I don't feel nervous about buying coins. But when I am not sure, I usually leave my coins on the bid and wait. As much as possible I don't want losses. Patience, you should have that when you are into trading. As much as possible, observe the price movement and the bidders. Sometimes they are tricking you to sell more on low price, don't ride with them.
So that's it, I set aside my emotion when I am trading to avoid too much mistakes.
There are not many people who can be patient like you because most of them are very panic and scared that they may lose their money if they do not sell everything. The emotions create a lot of negative and positive situation while trading and it is necessary to learn how to manage your emotions because it will provide you the skill to become more patient in trading Patient is essential when you are into trading. If we are into trading we should always have that so we could calm ourselves and observe the price movement, usually when you are in panic, you can't even manage to watch the buy and sell orders, and those on the list below that. Sometimes there are just people who are scaring you and dumping coins just in front of you so you would sell in low price. They will keep on doing that until you give up and just sell your coins in bargain price. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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socks435
Legendary
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Activity: 2016
Merit: 1030
Privacy is always important
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February 11, 2017, 11:19:46 PM |
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I am now trading altcoins, usually I trade when the market is fast moving. That way I don't feel nervous about buying coins. But when I am not sure, I usually leave my coins on the bid and wait. As much as possible I don't want losses. Patience, you should have that when you are into trading. As much as possible, observe the price movement and the bidders. Sometimes they are tricking you to sell more on low price, don't ride with them.
So that's it, I set aside my emotion when I am trading to avoid too much mistakes.
There are not many people who can be patient like you because most of them are very panic and scared that they may lose their money if they do not sell everything. The emotions create a lot of negative and positive situation while trading and it is necessary to learn how to manage your emotions because it will provide you the skill to become more patient in trading Patient is essential when you are into trading. If we are into trading we should always have that so we could calm ourselves and observe the price movement, usually when you are in panic, you can't even manage to watch the buy and sell orders, and those on the list below that. Sometimes there are just people who are scaring you and dumping coins just in front of you so you would sell in low price. They will keep on doing that until you give up and just sell your coins in bargain price. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In trading yeah this patience is always a good if you are holding in a legit altcoin but if you are choosing new release altcoin or no background check altcoin for me you should sell it right now before the price turn into exhausted . unlike in long term project like litecoin XMR or ethereum still for me are great to hold for a long time.. and mostly bitcoin.. trust is always needed to be able to make a good profit..
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Solving blocks can't be solved without my rigs.
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fitty
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2017, 11:32:08 PM |
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I am now trading altcoins, usually I trade when the market is fast moving. That way I don't feel nervous about buying coins. But when I am not sure, I usually leave my coins on the bid and wait. As much as possible I don't want losses. Patience, you should have that when you are into trading. As much as possible, observe the price movement and the bidders. Sometimes they are tricking you to sell more on low price, don't ride with them.
So that's it, I set aside my emotion when I am trading to avoid too much mistakes.
There are not many people who can be patient like you because most of them are very panic and scared that they may lose their money if they do not sell everything. The emotions create a lot of negative and positive situation while trading and it is necessary to learn how to manage your emotions because it will provide you the skill to become more patient in trading Patient is essential when you are into trading. If we are into trading we should always have that so we could calm ourselves and observe the price movement, usually when you are in panic, you can't even manage to watch the buy and sell orders, and those on the list below that. Sometimes there are just people who are scaring you and dumping coins just in front of you so you would sell in low price. They will keep on doing that until you give up and just sell your coins in bargain price. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In trading yeah this patience is always a good if you are holding in a legit altcoin but if you are choosing new release altcoin or no background check altcoin for me you should sell it right now before the price turn into exhausted . unlike in long term project like litecoin XMR or ethereum still for me are great to hold for a long time.. and mostly bitcoin.. trust is always needed to be able to make a good profit.. Yeah, when it comes to trading. You have to believe in yourself first. Then Believe on the coin you are trading. if there is a sudden downtrend in terms of the price of it and your coins are hanged in a high amount. I am only thinking that a suddend pump may occur. In that case, I am preventing the fact of panic selling and having a trade loss. Another alternative I am making is switching to a long trade for that particular coin. I am increasing the Sell amount of that so I can still have a great profit even if I wait a long time for the price to increase.
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IadixDev
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They're tactical
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February 14, 2017, 06:45:17 AM Last edit: February 14, 2017, 06:55:50 AM by IadixDev |
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I guess it's all about having solid information on what make the value of the assets, and what can influence it. As coins value has no solid logic behind, it evolve with the trend, media campain, and pump to artificially increase the value on the market, it makes it hard to really predict anything unless you know before what the string pullers are up to.
But regarding the psychological aspect, anyway anything you own you are going to loose it one day, nothing is eternal, is it really worth to loose your serenity over this, need to see the bargain between taking risk and adding stress to yourself, vs what it really bring you.
As it has been said, if something is so vital to you that you cant afford to loose it, dont play it on the stock market on uncertain coins with nothing to back his value up.
If you are on a true logic of having huge funds to manage and invest like big investors, with a view of investing in promising project with risk management on a global view with statistics like insurance companies, it's not the same logic than trying to make a few extra buck on your short pay check. Not the same view and same interest either.
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lienfaye
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February 14, 2017, 08:48:16 AM |
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You can not always hide your emotions if you can cry you do it that should relieve you. If you are gambling you lose one bet go all in the next one you just might win your smile back Yes its not that bad to express your emotion, its fine to show how you really feel in such situation. if you lose then cry if that makes you feel better and relieve the pain somehow. but it would be better if you do trading or gambling ready yourself for the outcome so it wont hurt you that much if something bad happen.
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IadixDev
Full Member
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They're tactical
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February 14, 2017, 09:13:24 AM Last edit: February 14, 2017, 09:49:48 AM by IadixDev |
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Yes, from the moment you put your tokens on the roulette carpet, without true fundation on how the value is supposed to increase you must be ready to loose it. If you cant afford to loose it, dont put it on the roulette carpet and cry when it doesn't go as you expect .
And true assets who can really take value quickly are very rare. It always take lot of time and effort to create something with true value. Expecting huge return on investment without real fundation on what make up the actual value is fantasy , scam, ponzi, p&d, inside trading, you name it.
Maybe if you re Lucky enough you can get the good coin at the good moment it's being taken in some kind of trading scheme that make it gain worth quickly, but otherwise that's just the same than gambling.
If you are ready to throw it up once it drop a bit, meaning you are just there for the market profit, and you have no clue of why the value might increase or not, you might have to question your motivation.
And if you know what influence the value on the big line, then you know when to sell or buy. And if you dont, then dont expect much profits from it. Because it's very rare something take real consitent value without good reason and work behind (aka 2nd law of thermodynamics).
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