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Author Topic: how control my emotion??  (Read 8164 times)
hridoyb (OP)
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October 24, 2017, 05:41:56 AM
 #1

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

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October 24, 2017, 05:48:11 AM
 #2

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

Buying the dip...
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October 24, 2017, 06:20:26 AM
 #3

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

This is good advice. OP, if you're reading this, do take this advice in hand.

Also, you shouldn't necessarily panic -- altcoins and everything in general has a chance to go back up in the future unless it's dropping very very low. Another thing you can do is make sure you don't put all of your money into investments. Make sure you keep some of it out so that you can keep investing even if you don't do well on your current investments.

This area is up for grabs! PM me if you're interested.
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October 24, 2017, 06:34:46 AM
 #4

Yeah the advice above has all the tips you should take in consideration while getting involved in trading.
Trading in cryptocurrency always require patience because we know cryptocirrencies are rendering volatility.
In order to maintain profits, It is necessary to read and understand all aspects of trading before getting into it.
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October 24, 2017, 06:39:10 AM
 #5

Use stop lost . I can't control your emotion.

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October 24, 2017, 07:05:21 AM
 #6

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

hello friend you are new to this trading so first you have to learn few things about trading. because once enter in trading we never take our step back. so you are choosen flatform is good for earning profit. and you are invested in alt coins that idea also amazing but your sadness is not good. alt coins never to go down once it gone come back and growing up. so nothing to worry about that. in trading these all are common. you should keep your mind strong. in trading loss profit common things so don't feel sad about this. next don't sell your alt coins next it may grows up.
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October 24, 2017, 08:42:07 AM
 #7

using stop loss is a good suggestion but unfortunately most of the exchanges out there don't have this option for you to use and some of them that have it don't have a proper option with enough flexibility for you to be satisfied with it.

but the good news is that you can always use a bot if you find it hard to manage your trades and using stop losses and also if you are trading large enough and making good amount of money, it would be worth it to find a bot and set it up.

Only Bitcoin
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October 24, 2017, 07:21:29 PM
 #8

Also, realize that you're now facing a potential loss at this moment. If you proceed to sell, you'll have an actual loss. Btw, most alts have lost in the past month or so due to a major bullrun of Bitcoin. Chances are the majority of alts will recover somewhat as the inevitable sell-off after the current peak of BTC occurs. In the (near) future you could try to maintain some sort of balance (50/50?) between BTC and alts. Makes you less prone to the several fluctuations of the altcoin-market!
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October 24, 2017, 11:10:44 PM
 #9

It has been replied a lot of times in the forum, why dont you try to search a little bit more in this board? there is a lot of information and threads like this that are probably going to help you with this. If i am not wrong, there is a book that you can download for free from an user who create a guide of how to control your emotions while you are trading.
Just search a little bit more.. it will help you in a future when you want to know something more, so you would not have to create another useless thread.



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October 25, 2017, 12:53:36 AM
 #10

Relax, get a pack of beer, some pizza, and watch a movie or something. Altcoins are just in the process of going back up soon in my opinion. You just need a little bit of patience. Remember. This is an investment. Most of the time things won't go good for you in months. The winners are going to be the people who held their coins the longest.

Also, use stop losses. Most if not all exchanges have this feature. How to set Stop Losses on Bittrex, cleared up FOR GOOD!

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October 25, 2017, 01:11:17 AM
 #11

Well it is often said always trade with the amount of money you can afford to lose, if it is just 10% of your total investment then there is nothing to fear but investing your total fund in trading and the trade was not doing well or  going against you definitely emotions will set-in.
Anyway just relax, the trade may be profit in few days to come.

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October 25, 2017, 01:25:50 AM
 #12

Trading is a risky business, whenever you jump in, be prepare to lose.
I consider trading as a gambling activity, you put money on the line and it may gone for good, right? Which many traders have experienced it.
In this case, if the coins are shitcoins, I prefer to sell in order to cut loss. But, if it is a famous or potential coin, I prefer to keep it until the best time to sell it.
How to control emotion? Treat trading as a risky business and be ready to lose at anytime, put some money that you can afford to lose.
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October 25, 2017, 01:43:24 AM
 #13

Just follow the logic of buying low and selling high. If you have a bag of altcoins and suddenly the price went down, do not sell in panic because it will bounce eventually. Now, regarding how to control your emotions - that is something that cannot be taught to you by anybody else rather than yourself... but I have a tip, why don't you purchase GUNBOT from gunthar and let the bot do the trading for you.
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October 25, 2017, 02:20:58 AM
 #14

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.
While you made an undeniably good suggestion, your last sentence is a difficult call. It isn't really easy knowing when price hits a bottom. We only get to know this from hindsight and after the event has passed. Sometimes, what you think should be Support turns Resistance.

Well, OP, emotional trading is the major Devil every trader battles with. It is this that sets a professional apart from an amateur. Get a grip on yourself. Determine your loss and profit before getting into a trade and then relax. Always remember that trading is about profit or loss and that you are bound to get one once you trigger a trade.

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October 25, 2017, 03:33:59 AM
 #15

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Just take a deep breath and try to relax, don't get too emotional and don't stress out.
Trading is always like this. Its very unpredictable and everytime we trade we are making a huge risk.
I feel your situation right now.
All my alt coins right now are so low and I'm all losses.
But I just keep on holding my bitcoins and try to forget about it in a few months.
Eventually the price of the altcoins will go higher than today.
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October 25, 2017, 04:07:55 AM
 #16

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
everyday increase and decrease alt coin prices.so tell you need waiting for increase her price. if you want to trade first you find good coin that perfect for long run.
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October 25, 2017, 04:13:14 AM
 #17

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Relax buddy, because basically if there is a decrease then there will be a rise later, you should hold it so it will not disappear, never waver or panic selling because it's an emotion. I also hold some altcoin and the price goes down continuously, but I do not sell it because I'm sure the price will return to normal and go up. it just takes time, we never know when the price can go back up.
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October 25, 2017, 05:02:07 AM
 #18

using stop loss is a good suggestion but unfortunately most of the exchanges out there don't have this option for you to use and some of them that have it don't have a proper option with enough flexibility for you to be satisfied with it.

but the good news is that you can always use a bot if you find it hard to manage your trades and using stop losses and also if you are trading large enough and making good amount of money, it would be worth it to find a bot and set it up.

Good advice, if we can not control emotions better use bot to help us in trading, because "stop loss" needs to be done to anticipate. But I personally prefer to trade by using three stages: first purchase order 20%, second 30%, third 50% (count 100% of total capital we have)
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October 25, 2017, 06:06:40 AM
 #19

Use stop loss when necessary and don't be too greedy.
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October 25, 2017, 06:15:06 AM
 #20

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Relax buddy, because basically if there is a decrease then there will be a rise later, you should hold it so it will not disappear, never waver or panic selling because it's an emotion. I also hold some altcoin and the price goes down continuously, but I do not sell it because I'm sure the price will return to normal and go up. it just takes time, we never know when the price can go back up.

This is now the only advice applicable for the OP. I also suggest not to keep looking at the price and forget about Altacoin for now. You are what we call a "bag holder".

Why did you invest in Altacoin in the first place?

 

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October 25, 2017, 06:59:42 AM
 #21

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
everyday increase and decrease alt coin prices.so tell you need waiting for increase her price. if you want to trade first you find good coin that perfect for long run.
Altcoins price usually may dump and pump a normal situation happen in daily trading. To control emotions dont panic as most advice it will bring you down everytime you will see the market as a red zone. Eventually price will recover as today somehow were seeing a green zone. Hope this will continue and uplift yourself you may get profit.
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October 25, 2017, 07:09:00 AM
 #22

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Trading altcoin is quite difficult because the price of altcoin is very easy to move makes us can not be sure to gain profit. I've also experienced it before, one of the best ways is to take the decision as soon as possible. I will sell the coin when I have seen there is a profit margin. So if I was in your position then I would hold holding because I'd better lose than to let go of a chance to make a profit.
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October 25, 2017, 07:25:58 AM
 #23

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
there are so many merchants who do this way and I think this is a very wrong way ,, you should not play all your funds directly., because if something like this happens., (altcoin prices are falling) you can not do anything,, but it's different if you play half the funds you have to buy altcoin., if you find the price of altcoin is down,, you can add it with half the funds you save,, so that in the future can get a doubled profit..
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October 25, 2017, 07:39:34 AM
 #24

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

To control your emotions you need strong trading knowledge. Your knowledge of trading is based on what you should do when the altcoins you have fallen. So I think you have no knowledge yet because you do not know what to do. So what you should do is to study altcoins better. Learn each of its content to control your emotions and earn in trading money.
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October 25, 2017, 07:41:52 AM
 #25

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I think you bought the price high altcoin so you are in trouble. I think you should learn how to control the emotions and how to invest in altcoin.
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October 25, 2017, 08:20:58 AM
 #26

you should stay calm and see further market movements and volume numbers look at the charts that are there, if indeed the coin you hold has the potential, to go back up is still a lighter and wait until the price back to normal, if you think the coins you buy do not have the potential to go back up and more towards a decrease better sell it so that not many losses you will experience, after that you wait until the price is really low and buy it back at a low price, then hold it
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October 25, 2017, 08:29:29 AM
 #27

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

You can’t be a good trader without the experienced of losing. It is one of the risked that most of us faces everyday. So the first and foremost attitude you need to improve is patience. Emotions are only a results of inexperience and lack of knowledge of the coins you traded, it can be change by learning more about it. Take your time they’re is no easy way but quitting is not the best options.
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October 25, 2017, 08:30:04 AM
 #28

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
that is the risk about trading. at once time you get profit and in another time you got lose.
when you got lose, just make sure on your mind with some observe, are those condition of trends down price are going still happen in future, if yes then decide to sell it to cut your lose much.
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October 25, 2017, 09:18:34 AM
 #29

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
that is the risk about trading. at once time you get profit and in another time you got lose.
when you got lose, just make sure on your mind with some observe, are those condition of trends down price are going still happen in future, if yes then decide to sell it to cut your lose much.


Cutting loses is last decision, before he really do that he should check what is happening with alts he invested in, there must me a reason why certain alt is going down. Downtrend is what many alts experience right now, maybe all of them, that is because people invest in new bitcoins and icos, old alts are falling and barely staying stable. As long as money going out from alts price will go down, but I don't expect that trend to last for a long, maybe not this year but next year spring for alts will come and prices will go up again, prices of some alts!

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October 25, 2017, 10:11:31 AM
 #30

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

In trading an altcoin, a price down of a coin is not already a loss unless you sold it when the price is still below your price of purchase. In trading you have to always set your mind that there are times that a coin will dump. Trading your coins for a long term profit is the best solution to control your emotions. Dont rely on a day by day price basis.

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October 25, 2017, 10:20:10 AM
 #31

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

First of all you must accept the fact that losses happen to everyone and not just you. But the mistake that yo have done needs to be learnt and not done again. The altcoins are all currently down because of people selling them and buying bitcoin. If you get emotional seeing this then I suggest you to not trade for a few days and come back after the fork happens. After the fork people will be back to trading altcoins again and the price will be up soon. Rise and fall are common in any trade and you have to cope with that.

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October 25, 2017, 10:24:51 AM
 #32

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

thars called have minimal risk in your investment just relax youself and do not panic focus your mind into how to resolve your problem emotion can;t help to your problem, i suggest with you buddy do not sell your coins wait for the right time to become valuable again the price value of your coins in the market, the reason of altcoin falling down because bitcoin keep increasing the focus of the investor to buy bitcoin as investment.
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October 25, 2017, 10:26:34 AM
 #33

there are a few ways I guess, you need to go back and examine the trend of your particular coin.
if the trend is for a constant rise in value well then you can hodl for the price to rise again.
this could be tomorrow but it could also be next week or two weeks.
if you do your research and the price is trending to rise at some stage then it is ok.

if you buy at the top of the price and the trend is for a fall then you can wait for the bottom price and buy more.
when that happens you now have averaged you cost price which is lower than you bought at the top price.

just keep calm and do your research!

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October 25, 2017, 10:28:39 AM
 #34

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

thars called have minimal risk in your investment just relax youself and do not panic focus your mind into how to resolve your problem emotion can;t help to your problem, i suggest with you buddy do not sell your coins wait for the right time to become valuable again the price value of your coins in the market, the reason of altcoin falling down because bitcoin keep increasing the focus of the investor to buy bitcoin as investment.

Yap their is nor instant profit for any investing. Op should just wait for the right time to sell his coins, or even convert it to other altcoins. It is not easy because how i convert is i turn it to eth then i use that eth to buy other altcoin. I do this instantly for the price not to change a bit. Because not all altcoin are really that attractive and sometimes the owners are the ones mining it and selling it in the market.
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October 25, 2017, 10:31:26 AM
 #35

You stop panicking, looking at the price and come back in a few weeks/months or even years. Staring at the market graphs daily will drive you insane, unless you are an experienced or maybe day trader and understand how to control your emotion then there is no point constantly checking the prices. Play long term, it is better for return on investment. This alt downtrend is nothing compared to the last few years, you'll get used to it eventually.

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October 25, 2017, 11:03:36 AM
 #36

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
This is something which you ca only learn with the passage of time. The more experienced you will, more will be easier for you to control your emotions. In the world of trading, you cannot survive if you don’t have control over your emotions. You actually need to learn this thing so that you may not suffer any kind of loss. Getting panic can only create more troubles for you.
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October 25, 2017, 01:08:29 PM
 #37

you have to remember that with trading, as it is for life, that you can't always win. You win some, you lose some - that's life. And it's evident everywhere, either you're talking about finance, love or carreer development (and thank god it is that way!),  just imagine that everything would go your way! What a boring life that would be! The best thing you can do if you get upset, or if you can't control your emotions is to lower your commitment to a specific thing, for example: I assume you've made a loss and are quite upset - you're probably upset because you've invested money that is probably of a significant amount to you - if you would have invested a less significant amount, which wouldn't change much your overal financial "health", then you wouldn't be that upset. So make sure to invest only what you can afford to lose, and you'll be able to feel and sleep better!
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October 25, 2017, 01:25:29 PM
 #38

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Sometimes in trading you will make a loss, it is important to understand and accept this. I try to think of trading like this - you have to always make the best decision at the time given the information you have available to you. If in future this information changes and you made a mistake, there is nothing you could do about that, you cannot predict the future.

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October 25, 2017, 01:55:06 PM
 #39


I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry



You should understand the whole thing first. You must know why all the altcoins are down at the movement and what will cause them to go up. If you know things like that then you will never get emotional or Panick about your investment. Just get to know that all the altcoins are down because people have reinvested the money into bitcoin to get those free bitcoin. Once they are done with it (which they already) they will start putting back all the money into altcoin which are already down for them and a good opportunity to invest their money. This will again pump the coins and will lead to profits for you. So hope that you see it as good opportunity and not the loss really.



 
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October 25, 2017, 02:04:55 PM
 #40

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
you should practice self disipline , the moment you but an altcoin profit is what is in your mind right ? if you sell your coins right now would you think you could get profit ? obviously no ! so the best advice I can give you is dont ever sell if you are not gaining profit jusy Hold it it will never be always down surely it's value will rise just wait for it
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October 25, 2017, 02:09:09 PM
 #41

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
you should practice self disipline , the moment you but an altcoin profit is what is in your mind right ? if you sell your coins right now would you think you could get profit ? obviously no ! so the best advice I can give you is dont ever sell if you are not gaining profit jusy Hold it it will never be always down surely it's value will rise just wait for it

The problem with altcoins is a few thousand dollars can literally change the entire market. If you invest too much, a single dumper could ruin everything for you. Look at what happened with eBTC recently. Someone dumped like mad and the price crashed ~80% within an hour.

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October 25, 2017, 02:11:05 PM
 #42

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Trading can make you emotional when you're new to it it's natural sometimes things doesn't work the way we think. You should start trading with lower amounts so that you won't get emotional or depressed. Altcoins market are pump and dump nowadays so you should only invest if you are going to hold it for long term otherwise you will have to suffer loss as altcoin market are highly volatile.    
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October 25, 2017, 02:12:48 PM
 #43

It is hard to not get upset when you see your coins in the red, if you sell now will I miss out etc,
Kibd of depends on the coin, if it has a history of ups and down then waiting it out might not be a bad thing.

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October 25, 2017, 04:32:10 PM
 #44

Maybe you could try to search for a couple of interesting things and try to make them into your hobbies, this could allow you to spend more time with it and you won't have time to think about your altcoins that have dropped in values, patience is a virtue in trading, so it would be better to hold on your altcoins for now.

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October 25, 2017, 10:02:12 PM
 #45

You have to follow the simple trading principle as there is no different between conventional trading and cryptocurrency or forex trading. For you to make profit you most buy low and sell high and if the opposite is the case then you will lose money. A coin may be good but if you invest in it at the wrong time you will lose money. You can only control your emotions if you know what you are doing and you can only know what you are doing buy spend time to learned why the altcoins market behave the way it behaves. If you buy at the right time you will always sell at the right time and vice versa. I will advise you not to sell now because you will sell at lose as most of the coins are in red but after the bitcoin splitting, fund are going to flows back to altcoins markets and most of them will recover.
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October 26, 2017, 03:39:08 AM
 #46

It is hard to not get upset when you see your coins in the red, if you sell now will I miss out etc,
Kibd of depends on the coin, if it has a history of ups and down then waiting it out might not be a bad thing.


For sure it is not easy to earn the money then one must get hurt after losing the money, for me it is very important to have eth proper knowledge and eh information amount the investing object like if you are investing in the bitcoin so you should know all about the bitcoin and if you will not care about the price and the profit you will not be able to succeed so always be careful
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October 26, 2017, 04:08:36 AM
 #47

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Maybe you need to take small pause with trading. Try to solve your problem Smiley
In next time choose few altcoin find out information about them have a look graph of coin and then start your trading.
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October 26, 2017, 04:22:32 AM
 #48

Now, you should sell out all your atla coins and choose an investment portfolio with more than two coins. One kind of coin in long-term and one in short-term.

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October 26, 2017, 05:02:52 AM
 #49

I just feel you.  The first time i loss money even in a small amount give me a big heartache and sleepness night, thinking what i did wrong?  I am planning to dump my coins to lessen further damage. But as i read more,  i just realize that i have to be calm and think ahead. I Also agree to the answere about its fine to have small losses than  big losses. If ever i dump that coins after buying it in a higher price,  a loss will be there. Patience is a virtue here.  Lets just wait and study it carefully

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October 26, 2017, 06:06:12 AM
 #50

Emotional control is with you. Knowing when to cry, know what's going on around. And of course trading as well is the emotions that come out and if you know why this is happening you will definitely know what you will do. In other words If you know what's going on in the market you know how to resolve it.

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October 26, 2017, 10:26:50 AM
 #51

From one professional trader I heard that yoga is very helpful. Says for a trader is a masthave.
Hahahaha yeah there are many ways to relieve yourself. Actually human is made to accept all the losses and profits in his life, it is just the matter some get this feature implemented in bright way and some are late to implement this.

Results coming in the sadness and worries after a loss. So better is to jump out of these situations. Make your life compatible with losses and profit.

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October 26, 2017, 12:37:50 PM
 #52

backup,
it is one way to avoid losing money.
then hold it until the situation improves.
this time is not the right time to trade.

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October 26, 2017, 11:48:47 PM
 #53

From one professional trader I heard that yoga is very helpful. Says for a trader is a masthave.
Hahahaha yeah there are many ways to relieve yourself. Actually human is made to accept all the losses and profits in his life, it is just the matter some get this feature implemented in bright way and some are late to implement this.

Results coming in the sadness and worries after a loss. So better is to jump out of these situations. Make your life compatible with losses and profit.
Nice pieces of advices! You seem very realistic and practical in life. Though losses are part of life just like profits and should be accepted as soon as possible but some people are so reluctant to accept these harsh realities that they suffer a lot emotionally and physically under such circumstances. You need to show some flexibility in order to stay happy and calm in your life.
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October 27, 2017, 03:08:05 AM
 #54

Also, realize that you're now facing a potential loss at this moment. If you proceed to sell, you'll have an actual loss. Btw, most alts have lost in the past month or so due to a major bullrun of Bitcoin. Chances are the majority of alts will recover somewhat as the inevitable sell-off after the current peak of BTC occurs. In the (near) future you could try to maintain some sort of balance (50/50?) between BTC and alts. Makes you less prone to the several fluctuations of the altcoin-market!
Bitcoin investment is create more complicated for new users. We should control the emotions and investment. Because new users does not have that much knowledge to invest. We should analyse future possibilities and how to improve the profit. Most the users are invest in Bitcoin and some other users are in altcoins. but any cryptocurrency is not stable. They have lot fluctuations in cryptocurrency. So must careful to choose coins.

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October 27, 2017, 06:30:35 AM
 #55

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

This is good advice. OP, if you're reading this, do take this advice in hand.

Also, you shouldn't necessarily panic -- altcoins and everything in general has a chance to go back up in the future unless it's dropping very very low. Another thing you can do is make sure you don't put all of your money into investments. Make sure you keep some of it out so that you can keep investing even if you don't do well on your current investments.

its right, a good advice. stay control emotion while a loss
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October 27, 2017, 07:08:36 AM
 #56

backup,
it is one way to avoid losing money.
then hold it until the situation improves.
this time is not the right time to trade.



Due to emotion many will sell their holding btc with low price and think about when the Price move towards the next peak.So control your emotions,when the price reduced and hold your bitcoin at that time.Then give some time to the price to reach.Spare some time to reach so.If it happen.Sell your holding and manage your Financial Problem.
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October 27, 2017, 07:18:23 AM
 #57

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

In trading it takes patience and tranquility in emotions if you buy at a high price then the price down is normal, many people who experience it like you better calm down and be patient waiting until the price goes up again.
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October 27, 2017, 07:56:20 AM
 #58

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

In trading it takes patience and tranquility in emotions if you buy at a high price then the price down is normal, many people who experience it like you better calm down and be patient waiting until the price goes up again.

Right,  patience is needed in trading coins but still holding emotions are sometimes hard especially if the price keeps going down.  What I do is just set my order whenever I trade.  I don't watch over the price so that I will not be displeased if the price  keeps going down.  I go back to the exchanger after an hour just to check if my order is processed. 

In trading,  if you are not able to control your emotion you will always end up selling your coins at lower prices and loss the opportunity or the chance on earning good profit.

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October 27, 2017, 08:32:57 AM
 #59

If you trade altcoin that paired with BTC for the better do day trading, because the price of BTC  going up fast.  If buy altcoin for longterm investment better buy it  with USDT. And if you are now in loss more than 50% for the better just hold and wait the price move up other 10% then sell it, then again buy other altcoin on the deep and that has good in fundamental to recover loss.

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October 27, 2017, 08:39:22 AM
 #60

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Is really hard to control one's emotion specially in trading. That's why we preached that you need to check your emotions in doing trading. Used your mind bro, not your emotions and don't listen to anyone. Because there's a lot of members here who are creating panic and spreading a lot of FUD, so it you listen to them you will sell your bitcoin and will get a big lose. Sometimes a walk outside will somewhat clear your judgement whether to sell or not. That's what I do before, when I was very emotional and wants to sell. Will go out and take out my dog for a walk and then return with a different mindset not to sell my coins. Fortunately, it really help me because if I have sold then I will also take a lot of loses. Now, I'm more matured and not be affected by the negative news. I just hold my bitcoins.

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October 27, 2017, 08:41:30 AM
 #61

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Still keep holding it, don't try to sell it because you will regret soon. Remember that in the world of trading you need to face the reality that there is dump status of coins and a pump status of coins.
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October 27, 2017, 08:54:22 AM
 #62

Trading is not for all person who don't know the basic rules of it. Before joining in trading you should follow many things like marketcap, supply, demand, price of stable coin etc. Hoping on big profit is a cause of lost money.
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October 27, 2017, 09:54:09 AM
 #63

Trading is not for all person who don't know the basic rules of it. Before joining in trading you should follow many things like marketcap, supply, demand, price of stable coin etc. Hoping on big profit is a cause of lost money.
That's basic, you need to understand all the terminologies and where to get the information to analyze the coins you are trading.
Everything can be read online and it could be the basis of our decision making, if you are lazy reading to update yourself, you won't succeed in trading as although it's just a guessing game but it's an educated guess.

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October 27, 2017, 12:43:50 PM
 #64

Maybe yoga have any sense in emotions controlling, I havenot practice it yet. For me it is sport that is really helpful in battle with the stress. It is difficult, of course, to do sport when you are sitting at the computer. But there is no other way like making some intensive physical exercises: push-ups, pull-ups.
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October 27, 2017, 01:44:25 PM
 #65

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Just loose your private key  Smiley

Best strategy since 2011 lol

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October 27, 2017, 03:41:29 PM
 #66

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Think about what you can do if you do not keep yourself in hand, especially if you can harm your family!
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October 27, 2017, 04:01:20 PM
 #67

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Just loose your private key  Smiley

Best strategy since 2011 lol

Lol. That's an extreme measure already. Just try to be patient with it dude. Your emotions would always be there whether you like it or not. You can't suppress it, you juat have to react calmly so your mind is clear when the time comes for making decisions again

 
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October 27, 2017, 04:58:31 PM
 #68

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


you literally walk away from the computer and dont look at this. This is when you need to either sell at the top to manage your losses but at this point, the losses are too high so you need to be patient and wait for the next wave. Dont keep looking.
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October 27, 2017, 05:16:04 PM
 #69

A very interesting question, many traders when dealing with this problem, I think you simply have to trade demo several times, or trade with smaller amounts, calm down in each decision.
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October 27, 2017, 05:18:34 PM
 #70

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


you literally walk away from the computer and dont look at this. This is when you need to either sell at the top to manage your losses but at this point, the losses are too high so you need to be patient and wait for the next wave. Dont keep looking.
An interesting idea, I have not tried it yet, when I lose I try to look for orders to remove the lost money, and that often causes me to lose more money.
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October 27, 2017, 05:46:12 PM
 #71

Trading is not for all person who don't know the basic rules of it. Before joining in trading you should follow many things like marketcap, supply, demand, price of stable coin etc. Hoping on big profit is a cause of lost money.
this really giving me an insight in what to learn first before investing am a type of a person whos really keeps on trying and risking my money so I guess
without proper knowledge I will possibly loses my investment so better to know this things first.
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October 27, 2017, 11:24:22 PM
 #72

Maybe yoga have any sense in emotions controlling, I havenot practice it yet. For me it is sport that is really helpful in battle with the stress. It is difficult, of course, to do sport when you are sitting at the computer. But there is no other way like making some intensive physical exercises: push-ups, pull-ups.
Yoga has very important role for centuries in releasing stress and making you stay fit. Yoga is one of the best therapies of releasing your negative energy, basically stress is all negative energy and what you need is simply to remove that energy through some proper channel. Yoga [provides you with that channel and same is the case of sports. In sports you release negative energy in the form of physical stress.
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October 27, 2017, 11:48:30 PM
 #73

Averaging may help you to cope up with your losses. You just need to buy again same coin at lower price. Sometimes you need to make a brave decision to avoid big loss than waiting to your coins to pump up again to its original price. This stategy will help you lessen your worries.
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October 27, 2017, 11:53:26 PM
 #74

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
you should practice self disipline , the moment you but an altcoin profit is what is in your mind right ? if you sell your coins right now would you think you could get profit ? obviously no ! so the best advice I can give you is dont ever sell if you are not gaining profit jusy Hold it it will never be always down surely it's value will rise just wait for it

The problem with altcoins is a few thousand dollars can literally change the entire market. If you invest too much, a single dumper could ruin everything for you. Look at what happened with eBTC recently. Someone dumped like mad and the price crashed ~80% within an hour.
When you are earning money while doing exactly nothing then it is very difficult to control your emotions. And the other role is opposite. I mean when you are losing after hard work and so much struggle then controlling your emotions is very difficult. Emotions are the thing which is very sensible and when you see any unexpected happenings in your life you will not be able to control them.
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October 28, 2017, 12:39:53 AM
 #75

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

We can not control our emotions, because we are human beings. Although emotion is the decisive factor for success, sometimes assertiveness results. Emotion is only temporary, do not let it affect our work.
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October 28, 2017, 05:13:45 AM
 #76

I suggest when doing trading, do not rely on your emotions. There are so many news about the forecast of Bitcoin. You just need to think on where to place or what is your strategy. If you experiencing loss, you only need is to hold for now and be patient waiting for the price gets higher. For now, just place your other funds to Bitcoin or other crypto with good performance.
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October 28, 2017, 05:48:00 AM
 #77

Emotional control is with you. Knowing when to cry, know what's going on around. And of course trading as well is the emotions that come out and if you know why this is happening you will definitely know what you will do. In other words If you know what's going on in the market you know how to resolve it.
That is the actual point of the story. Look, when you do trading there are many reasonscoming along the path where you will be confused what to do next. And that time will be crucial enough to make you panic and sad. And in this panic situation your mind just get off, you will be facing loss now. So it is all up to you, you can control emotions. You just need to implement and be wise.

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October 28, 2017, 06:02:17 AM
 #78

I suggest when doing trading, do not rely on your emotions. There are so many news about the forecast of Bitcoin. You just need to think on where to place or what is your strategy. If you experiencing loss, you only need is to hold for now and be patient waiting for the price gets higher. For now, just place your other funds to Bitcoin or other crypto with good performance.


Its hard though. Its natural for our emotions  to be affected by the circumstances that we're in at the moment. It will eventually show especially if there's pressure on us to land a good trade. I agree that if you're the type that's having trouble with controlling emotions, best to hild bitcoins or, if you really want it, just leave a buy or sell order then get out of the exchanhe site

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October 28, 2017, 06:09:37 AM
 #79

The moment you pitched into trading, you should be prepared enough to face losses and profits. If you are seeing the trend of shares you invested and its going in loss, better to stop now. Sit on a cooler period now. Analise the current growth in the market. Then have enough money to invest and gain profit.
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October 28, 2017, 06:15:02 AM
 #80

A very interesting question, many traders when dealing with this problem, I think you simply have to trade demo several times, or trade with smaller amounts, calm down in each decision.

But even after demo when you enter the real trading with your hard earned money your emotions will always come in and your heartbeat will go up and down as the rates move up or downside. Thus one of the thing is that you should always invest only whatever you can afford to lose and secondly invest in the best coins where even down today, but in coming time it can rise which will make you feel better.

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October 28, 2017, 08:28:59 PM
 #81

Trading is not for all person who don't know the basic rules of it. Before joining in trading you should follow many things like marketcap, supply, demand, price of stable coin etc. Hoping on big profit is a cause of lost money.
If you don’t know how to control your emotions at the time when things get out of your control, there are likely chances that you are going to suffer a huge loss. Patience is the only key which can help you from any kind of loss. You really need to develop this habit of remaining cool and calm and that too under the tense situations. Otherwise, things can go in a wrong direction as well.
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October 28, 2017, 08:32:45 PM
 #82

First of all if you are a newbie you should only buy altcoins you have strong fundamentals,but do your own dilligence thoroughly. This kind of coins will eventually raise and you will get in nice profits,but if you trade blindly and buy altcoins like you picking vegetables from the grocery store you'll probably get burnt.

On another note, altcoins season is coming.. so hodl your strong fundamentals altcoins.  Wink
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October 28, 2017, 09:13:20 PM
 #83

There is a difference between emotion and mind. The former is based on feelings of love, pain, anger, and so on. The latter is based on reasoning and logic. So basically, if you want to trade, you should use your mind to allow yourself to think in a logical way.

To elaborate, you should make a plan when you are about to trade. And before doing so, you should study trading, understand all its aspects, and then come up with a reasonable plan. You could use SWOT analysis; Strengths, Weakness, Opportunities, and Threats.   
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October 28, 2017, 09:17:00 PM
 #84

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

If you are seeing the price of the alt coin you hold are getting low better to stay away from your computer or avoid checking the charts. This is the technique that I do for most of the time especially when the price of bitcoin is getting lower. I used to check it on a daily basis but I hate to do it when the price is getting lower. You don't have to control your mind, we are there in the same situation but you have to do something about it. Go outside take time to relax.



 

 

 

 

 

 


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October 28, 2017, 11:40:44 PM
 #85

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

If you are seeing the price of the alt coin you hold are getting low better to stay away from your computer or avoid checking the charts. This is the technique that I do for most of the time especially when the price of bitcoin is getting lower. I used to check it on a daily basis but I hate to do it when the price is getting lower. You don't have to control your mind, we are there in the same situation but you have to do something about it. Go outside take time to relax.
Yup, this will get us psychologically comfortable and unbounded on the price issue, if the altcoin price goes down, you should find out the cause and should make the best choice. I think people should use this because it is used very well for me
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October 28, 2017, 11:47:46 PM
 #86

There is a difference between emotion and mind. The former is based on feelings of love, pain, anger, and so on. The latter is based on reasoning and logic. So basically, if you want to trade, you should use your mind to allow yourself to think in a logical way.

To elaborate, you should make a plan when you are about to trade. And before doing so, you should study trading, understand all its aspects, and then come up with a reasonable plan. You could use SWOT analysis; Strengths, Weakness, Opportunities, and Threats.   

We are emotional creatures and because of that removing emotion is not possible. It's what causes the drive in us to achieve better but it is also the downfall in many aspects.

At the end of the day you can study all you want about the markets, but Bitcoin is a  little more unstable than normal markets due to the uncertainty and the lack of news coverage.

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October 29, 2017, 01:06:32 AM
 #87

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Don't feel bad on it.  It's common to have lose and profit in a business journey. But I understand it affects your normal life as you seem to be new to this field.  My advise would be, try to get your money back before you loose much.  Earn from other sources where investment is not required. Accumulate as much for can,  learn more about the business a lot, then get into it to profit a lot.  All the best. 

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October 29, 2017, 01:10:26 AM
 #88

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Do not control your mind. Let it control you instead. I think emotions are the ones that are controlling you right now because you are reacting. And these emotions are now the ones that are dictating your mind. Be reasonable! Be rational! Be mindful! Do not react with your emotions running high. Do not act immediately. Do not react immediately. Read and study and analyze before acting.
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October 29, 2017, 02:25:56 AM
 #89

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I think there is no way you can control your emotions. Only if you have experienced a lot of fluctuations will make you more experienced, and you will not easily lose your temper.





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October 29, 2017, 06:12:37 AM
 #90

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I think there is no way you can control your emotions. Only if you have experienced a lot of fluctuations will make you more experienced, and you will not easily lose your temper.
There is always a way to control your emotion, this type of activity which is trading requires you to be emotional strong and focus on your strategy so if you want to succeed you need to do what is necessary to be profitable. What's important is you learn from your mistakes as sometimes it cannot be prevented to be emotional, when you can't control your emotion then that means you are not good activities where you need to take risk.

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October 29, 2017, 06:27:36 AM
 #91

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
To control your emotions, you will need to enter into a trade at the right time and this market is an emotional market.  Emotions is what drives the price of an altcoin up or down. Emotion is what create panic selling and those that can control their emotions are the one making it big in this market because they always buy the coins at the lowest price and sell them at the highest price.  I will advise you not to sell your coins now as there is a lot of potential for every coin you are currently seeing in the market.  I have been buying some coins and sell them when there grow and one thing I have stick to is that I do buy an altcoin at the lowest price and also sell them at the highest price.
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October 29, 2017, 03:42:12 PM
 #92

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

If you are seeing the price of the alt coin you hold are getting low better to stay away from your computer or avoid checking the charts. This is the technique that I do for most of the time especially when the price of bitcoin is getting lower. I used to check it on a daily basis but I hate to do it when the price is getting lower. You don't have to control your mind, we are there in the same situation but you have to do something about it. Go outside take time to relax.
Yup, this will get us psychologically comfortable and unbounded on the price issue, if the altcoin price goes down, you should find out the cause and should make the best choice. I think people should use this because it is used very well for me

It's better not to find out the cause because if you found it out that you are affected by that reason that may bring doom to the way you think and it will really give you a big chance of panicking or having troubles with the alt coins you are holding. Everyone should do this and it may be effective to you and others but there will people that will come out and will say that this isn't effective to them.



 

 

 

 

 

 


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October 29, 2017, 04:43:45 PM
 #93

Best way is to invest in solid coins like BTC, Ethereum, OMG, etc and forget them. Store them off the exchange and check the value less often.  90% of alt coins will fail.  Just bet on the proven coins and reap the rewards when the market grows. 
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October 29, 2017, 05:10:51 PM
 #94

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

The best way is to prepare beforehand. Two among lot´s of ways. Set and endpoint and a stoploss, and hang on it despite what "emotions" are telling you. Second buy coins you believe longterm so that you can hold through harsh periods without loosing your cool. But we are past the "beforehand" time so what to do now.
I would look at the portfolio and choose one or too alts to keep trading. that won´t be very "profitable" but you can keep practicing your chart reading and rading skills. You entered at 1 and its not 0,5. Sell and trade it for small profits at a time so you lower the average entry point. as i told before it wont give you much if any profit, but keeps you ocuppied and keeps you learning. And you avoid to make bad decisions about the rest of the portfolio:)

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October 29, 2017, 06:19:44 PM
 #95

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I think you can only easily control your emotions when you are used to the fluctuations of the market and that takes more time to experience. No one from the beginning was able to do it.

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October 29, 2017, 08:16:03 PM
 #96

I think you should not sell all, you will lose so much, you have to wait now. Next months, when any coins which you are holding increase, you will sell slowly, one by one. Good luck Smiley

Someone used my Account for 3 Month, why would someone do this?
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October 29, 2017, 08:43:44 PM
 #97

Always take a deep breath before you make any big trade. It could save you a lot of money if you realize something before clicking the button. Wink
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October 29, 2017, 09:02:54 PM
 #98

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
We always control our minds, however, we can not accept our failure, which is why you feel sorry for the lost money. From now on, you must learn to accept, focus on and invest in other currencies to generate new profits.





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October 29, 2017, 09:04:06 PM
 #99

Emotions has a negative impact when it comes to trading and that is why it is always advisable not to invest your life savings into a trade.
If you find yourself losing and you don't have the mind to hold for long, you should exit that trade and accept your loss.

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October 30, 2017, 01:01:04 AM
 #100

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

I agree, determining a stop loss is one wise way that can be done to reduce the risk of greater loss. By setting the limit, we can then buy it back at the lowest point, and when the price goes back up, our previous losses will be covered because we get very low entry poin. and this is indeed a basic strategy done by stock traders, forex, and the like. It is possible that this strategy can also be used in cryptocurrency.
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October 30, 2017, 03:46:17 AM
 #101

Its too difficult to control emotion. More experience you are more understand how to control it. Actually we can not control 100% of emotion.
Try to planning everything you do is one of way to control emotion.

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October 30, 2017, 03:47:43 AM
 #102

if you have patience  you can control your mind just relax and wait for pump be positive.. before entering the world of trading be ready to do risk because trading have more risky and patience if you fall in your emotion in wrong way that the perfect way to make you lose.. its better to wait than to sell to lose..

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October 30, 2017, 04:15:37 AM
 #103

Relax, play small at first, play established coin, be patient, make a mistake or two, learn from the mistakes, be patient, watch learn..bank some small profit, feel good.
Don't worry be happy, be snappy!
Cheers
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October 30, 2017, 04:30:57 AM
 #104

That's something i need to work on. Im also carried away when i was trading specially when my coin is droping. I need to work on it too to become a good trader.

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October 30, 2017, 04:47:57 AM
 #105

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Control emotion is not easy but must try until the end of your trading/ investing activity. From your post, I think you still don't understand about the risk, so learn it again. Second, see again your strategy and analyze wisely. If your strategy say " cut loss " ( sell ) just do it, if " hold " just take it. But if you don't have stop loss or hold decision it will be bad experience for you and your money. Control emotion only " take action " same with your strategy, just like that. Good luck with your trading.

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October 30, 2017, 08:12:56 AM
 #106

using stop loss is a good suggestion but unfortunately most of the exchanges out there don't have this option for you to use and some of them that have it don't have a proper option with enough flexibility for you to be satisfied with it.

but the good news is that you can always use a bot if you find it hard to manage your trades and using stop losses and also if you are trading large enough and making good amount of money, it would be worth it to find a bot and set it up.
Using bot is not that easy mate. You have to learn before using. Since you can get profit if trader is qualified. Means it does not matter how good is bot, but also depend the trader who drive that bot. Remember, bot is just helping tool to trade automatic, but not the way to get easy profit.
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October 30, 2017, 11:30:41 AM
 #107

Its too difficult to control emotion. More experience you are more understand how to control it. Actually we can not control 100% of emotion.
Try to planning everything you do is one of way to control emotion.

If you have an idea of what the goal of any altcoin is and you are believing in their work and team then you should not have any problem controlling your emotions when the price of their coin becomes red. Being red does not mean that the coin is worthless now. It simply means someone sold their holdings and thus the market price decreased. Dont let that fool you, if you see red and you believe in the future worth of the coin buy some while the price is low.

Always take a deep breath before you make any big trade. It could save you a lot of money if you realize something before clicking the button. Wink

Like I said above if its a scam that you invested in, taking a deep breath will never help. Just stay away from the exchange and come back to that specific crypto after a few days.

R


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October 30, 2017, 01:41:37 PM
 #108

You don't have to control your emotions. Fix you target after buying, make your sell offer, forget about it and skip to other trade.
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October 30, 2017, 02:03:08 PM
 #109

You don't have to control your emotions. Fix you target after buying, make your sell offer, forget about it and skip to other trade.

That's why is very important as well to have a entry and and exit strategy because it will help somewhat in making the logical decision. Because if you are going to based everything in your emotional decision. Chances are you are going to lose your investment because you are making a lot of unwise moved. Stay within your exit strategy if its meet then go out and exit, no need to wait for the next wave of price increase because it may not happened.

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October 30, 2017, 02:06:35 PM
 #110

You don't have to control your emotions. Fix you target after buying, make your sell offer, forget about it and skip to other trade.

Right. HOLD and this is it. I

t's just the question of how much you need to invest - to have a 100% control rate over your emotions.
The solution - invest exactly as much as you don't feel sorry to lose in case of emergency.

No more. It's the psychology thing invented by some one else, long ago and far away. And it works for me for sure.
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October 30, 2017, 02:37:02 PM
 #111

I sell mostly at the top of pumps!

How do I know the tops ?

Its simple I start panicking that the price will go down while the price is still going up and the a few moments later i sell and soon after that a dump come

Whats the Secret?

we all are emotion driven humans what I am feeling are being felt by many others like me so they are just waiting for a trigger to sell and take profit...like me
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October 30, 2017, 04:38:01 PM
 #112

Its too difficult to control emotion. More experience you are more understand how to control it. Actually we can not control 100% of emotion.
Try to planning everything you do is one of way to control emotion.

Although it is difficult to control emotion, but if you want to really succeed in bitcoin trading you really need to control your emotions. If you re are not able to control emotions then believe me , it is too much difficult to be able to succeed in real life and also in bitcoin trading world. Decision make from heart often not as much successful as decisions made from mind.
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October 30, 2017, 05:32:12 PM
 #113

Let me share my similar story here, a few years ago I invested in one altcoin after doing significant research for the same. However, in less than a couple of weeks after investment, the price went down and I was in 35% loss for the same. However, since I had my research to support my investment decision, I kept it as it is and within few months, I saw about 10% to 20% profit for the same investment and that means it not only covered 35% loss but also made 10%+ profit. Moral of the story: If you have any research behind your investment decision then don't get panic.
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October 30, 2017, 06:34:54 PM
 #114

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

I agree, determining a stop loss is one wise way that can be done to reduce the risk of greater loss. By setting the limit, we can then buy it back at the lowest point, and when the price goes back up, our previous losses will be covered because we get very low entry poin. and this is indeed a basic strategy done by stock traders, forex, and the like. It is possible that this strategy can also be used in cryptocurrency.
To control your emotion is Don’t react right away, reacting immediately to emotional triggers can be an immense mistake, it is guaranteed that you’ll say or do something you’ll later regret. Just like in trading, dont get panic when you know that the price of bitcoin is going down or up.

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October 30, 2017, 06:52:51 PM
 #115

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
90% of business men go through failures at the beginning. This is common to loose. Dont give up. Learn to balance your emotions when you are in business. Find out the solutions to come out of the issues. Consult with the experts. Get ideas. All the best.

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October 30, 2017, 07:12:01 PM
 #116

Let me share my similar story here, a few years ago I invested in one altcoin after doing significant research for the same. However, in less than a couple of weeks after investment, the price went down and I was in 35% loss for the same. However, since I had my research to support my investment decision, I kept it as it is and within few months, I saw about 10% to 20% profit for the same investment and that means it not only covered 35% loss but also made 10%+ profit. Moral of the story: If you have any research behind your investment decision then don't get panic.
if a person must control their emotions, then first of all this person must learn to control their actions. Only if you are sure of what you are doing, you can really avoid panic in certain situations.
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October 31, 2017, 05:28:36 AM
 #117

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

I agree, determining a stop loss is one wise way that can be done to reduce the risk of greater loss. By setting the limit, we can then buy it back at the lowest point, and when the price goes back up, our previous losses will be covered because we get very low entry poin. and this is indeed a basic strategy done by stock traders, forex, and the like. It is possible that this strategy can also be used in cryptocurrency.
It is really funny some newbie traders do not really understand the importance of stop loss and then they keep watching as the trend keeps bleeding until they have realized they have lost so bad and now want to sell at that point.

Shits get real when you are losing but loosing extremely bad is always the trader's fault. However, there is no point selling for anyone with a huge loss now, than to look for more funds to buy in more at dips and compensate the losses they have had when the dips come back better.
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October 31, 2017, 05:50:29 AM
 #118

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Don't feel bad on it.  It's common to have lose and profit in a business journey. But I understand it affects your normal life as you seem to be new to this field.  My advise would be, try to get your money back before you loose much.  Earn from other sources where investment is not required. Accumulate as much for can,  learn more about the business a lot, then get into it to profit a lot.  All the best. 
He should follow your pieces of advice and moreover, as you said this is nothing new. Business and even life is a combination of losses and profits, you should just learn from all your mistakes to be a better person or professional.

It is a nice idea of investing into thinks that do not demand investment such as working hard by joining signature campaigns. They will surely help you in getting back your money.
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October 31, 2017, 06:19:35 AM
 #119

if the altcoin price you trade is down, then all you have to do is hold it. actually you do not have to worry about altcoin price down. because the price is never stable, but if you do not dare to take big risks, then you sell more now.
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October 31, 2017, 07:41:36 AM
 #120

Alta coin is so a great coin. Maybe you should wait a few months. It will recover soon. Good luck to you!  Smiley

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October 31, 2017, 08:04:57 AM
 #121

Its too difficult to control emotion. More experience you are more understand how to control it. Actually we can not control 100% of emotion.
Try to planning everything you do is one of way to control emotion.
Controlling emotion is really not something very difficult. The truth is that if you are good and you know what you are doing, you see every of your move as the perfect move to make and you will never regret them. I understand that we cannot control 100% of our emotion and there would often just be some bad days, but over time, these emotions fade off in trading once you grooming into professional trader.

Emotion control is a not just a lesson to be learned within one or two days. It must be a practice, should be heart-learned over time.
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October 31, 2017, 10:39:33 AM
 #122

Do you have some background in risk management? May the knowledge be the base for you which would take emotions away and leave you with profit. Intuition is good, but there are some general rules you should follow
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October 31, 2017, 11:20:48 AM
 #123

Relax, play small at first, play established coin, be patient, make a mistake or two, learn from the mistakes, be patient, watch learn..bank some small profit, feel good.
Don't worry be happy, be snappy!
Cheers
I wonder why a newbie would be trying their hands on shit coins instead of learning with established coins as you have said. The thing with established coin is that you can still have some little bit of patience while you are still learning at some moves you could have made to prevent some situations but would not be that bad.

But for a shitty coin, man! that is like playing with fire when you know you do not have enough strength or resources to deal with the fire. Mistakes are always bound to happen and learning from it and making right decisions later on is what would simply make a trader better.

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October 31, 2017, 11:28:29 AM
 #124

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

sometimes trading with results that are not in accordance with what we want it makes us become unable to control the emotions but do not make you so emotion, if you start emotions better stop and refresh your mind

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October 31, 2017, 11:53:01 AM
 #125

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
First, before you enter the world of trading you must be ready to wait, wait patiently is the key for you to profit more. But if you already sell it in low price you got lose your money. So, now you entered the trading world you must face it and survive from it.
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October 31, 2017, 11:58:10 AM
 #126

I sell mostly at the top of pumps!

How do I know the tops ?

Its simple I start panicking that the price will go down while the price is still going up and the a few moments later i sell and soon after that a dump come

Whats the Secret?

we all are emotion driven humans what I am feeling are being felt by many others like me so they are just waiting for a trigger to sell and take profit...like me
Well, it is one thing to sell at pumps and wait for it to get back down and then it is one thing to think you are buying at the right position and then it keeps coming back down. These are what every traders should always expect and not just pumps. There are always dumps and there are sometimes more dumps, it is just to plan an exit strategy as well which involves stop loss and not just entry point.

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October 31, 2017, 12:04:08 PM
 #127

Its too difficult to control emotion. More experience you are more understand how to control it. Actually we can not control 100% of emotion.
Try to planning everything you do is one of way to control emotion.
Controlling emotion is really not something very difficult. The truth is that if you are good and you know what you are doing, you see every of your move as the perfect move to make and you will never regret them. I understand that we cannot control 100% of our emotion and there would often just be some bad days, but over time, these emotions fade off in trading once you grooming into professional trader.

Emotion control is a not just a lesson to be learned within one or two days. It must be a practice, should be heart-learned over time.
I think you first have to understand fully the emotions and ethics and functions that how trading works and the coin on which you are trading you have to be first done research on it. you need to understand all the terminologies and where to get the information to analyze the coins you are trading.
Everything can be read online and it could be the basis of our decision making, if you are lazy reading to update yourself, you won't succeed in trading. Time is too fast and every thing changes very quickly so, you have to go with the flow.
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October 31, 2017, 01:24:49 PM
 #128

That's something i need to work on. Im also carried away when i was trading specially when my coin is droping. I need to work on it too to become a good trader.
Being a trader, the most important thing which you need to consider is nothing other than controlling your nerves not only at the hard times but almost every time. If you will not have control on your emotions, then you can never make some good decision and which can even result in huge amount of loss as well. You really need to develop this habit of remaining cool and calm.

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October 31, 2017, 01:30:37 PM
 #129

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Just take a chill pill and take a break for 3-4 months at least.
Come back in 2018 and see where you stand.
I am very sure you will stand at a very good ground unless you have invested coins that are not in top 20 right now.
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October 31, 2017, 02:35:01 PM
 #130

That's something i need to work on. Im also carried away when i was trading specially when my coin is droping. I need to work on it too to become a good trader.

You really do not need to get carried away when trading. Before you start trading, you should have known what you are dealing with, what you expect, what to do incase something goes wrong which is why we have stop loss which usually is always below the point when a price breaks below support and if all this is something you can do pretty effectively while making decisions based on the chart and some news, then you will have no problem with keeping your emotions in check.
You will keep panicking, making decisions blindly and making mistakes if you don't know what to do and which is why you must learn first before you start trading and then believe in yourself to do a great job after that.
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October 31, 2017, 02:55:48 PM
 #131

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


Follow the best logic to get the best value. To start on trading with altcoins its a months that you should have wait. More patient is the best thing to do. And other wise you'll get the best one.
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October 31, 2017, 02:57:58 PM
 #132

I think that the best way to control emotion is to trade that amount of money whis you can lose.
You trades will be smarter and nerves will become stronger.

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October 31, 2017, 03:47:51 PM
 #133

That's something i need to work on. Im also carried away when i was trading specially when my coin is droping. I need to work on it too to become a good trader.
Do it. Do it right now. Don’t wait for the time, just take a start. Because when you intend to start trading in bitcoins, then you surely have to adjust with this shitty fact of loss and risk. As well as profit is concerned, everyone wants it.

Be prepare yourself for the worst conditions when your coin is dropping, when prices are not getting up again and much that. Be confident and be patient.

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October 31, 2017, 03:51:38 PM
 #134

The only way to control your emotion is to occur loss.
once you have lost 905 of your invested money ,then you never ever feel any thing.
And only then you will do what you wanted to do exactly and will not pannic for sure.
This i did not know untill i lost my 90% in treading but now i donot feel the panic.
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October 31, 2017, 03:56:56 PM
 #135

That's something i need to work on. Im also carried away when i was trading specially when my coin is droping. I need to work on it too to become a good trader.
Being a trader, the most important thing which you need to consider is nothing other than controlling your nerves not only at the hard times but almost every time. If you will not have control on your emotions, then you can never make some good decision and which can even result in huge amount of loss as well. You really need to develop this habit of remaining cool and calm.



yes exactly being calm can help the person on that situation where in there is a lot of dump but if you study on it before you trade if you have a plan when to sell can help you too because we can even know that this will pump or dump but always think positive whenever what can happen.
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October 31, 2017, 05:46:14 PM
 #136

Let me share my similar story here, a few years ago I invested in one altcoin after doing significant research for the same. However, in less than a couple of weeks after investment, the price went down and I was in 35% loss for the same. However, since I had my research to support my investment decision, I kept it as it is and within few months, I saw about 10% to 20% profit for the same investment and that means it not only covered 35% loss but also made 10%+ profit. Moral of the story: If you have any research behind your investment decision then don't get panic.
if a person must control their emotions, then first of all this person must learn to control their actions. Only if you are sure of what you are doing, you can really avoid panic in certain situations.
For controlling action, we must have a control over emotions and because actions are the output of emotions. A person must have a calm brain and a lot of courage. Most of the time, people face troubles as they are filled with fear. Listen to brain more than heart. Analyze all the aspects of any situation and come up with a solution that will harm decision maker the least. Never lose hope even if failure keep on knocking at the door.
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October 31, 2017, 07:20:54 PM
 #137

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
News, team projects and systems are things you have to research about your altcoin if you're trying to do the real business here.
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November 01, 2017, 12:26:00 AM
 #138

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
News, team projects and systems are things you have to research about your altcoin if you're trying to do the real business here.
well i think we dont have  to ask anybodyon how to control our emotion because it really depends on us on how we use to make limit in our self emotion.i think we have a different kinds of experince to be use on refference on making a dicision.because  i believe that some people who get success is the person who hadca lot of experience.
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November 01, 2017, 12:48:29 AM
 #139

Trading not only need good skill in fundamental and technical analysis but more important think is keep patient and dont be greedy. If you trade on pair altcoin with BTC for the better do short trade and take profit around 10% because price of Bitcoin now strong up trend. And if floating minus about 10% for the better cut loss and wait to buy back on the deepest.

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November 01, 2017, 12:54:11 AM
 #140

Trading not only need good skill in fundamental and technical analysis but more important think is keep patient and dont be greedy. If you trade on pair altcoin with BTC for the better do short trade and take profit around 10% because price of Bitcoin now strong up trend. And if floating minus about 10% for the better cut loss and wait to buy back on the deepest.
Emotional is important when we do anything. Trading is one job that requires good emotional control, because without any emotional control then we will not be able to make decisions appropriately. as you said that skill will not determine our success. without emotional control and also good decision-making then the skills we have will not mean anything. if I were a trader then I would prefer emotional control as the most important thing I should train from scratch.
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November 01, 2017, 01:12:17 AM
 #141

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
News, team projects and systems are things you have to research about your altcoin if you're trying to do the real business here.
well i think we dont have  to ask anybodyon how to control our emotion because it really depends on us on how we use to make limit in our self emotion.i think we have a different kinds of experince to be use on refference on making a dicision.because  i believe that some people who get success is the person who hadca lot of experience.

if we have many experience especially in trading then I think we can trying to learn to be patience so we can control our emotion. I see that if we spend more than 7 hours in front of our computer can give a bad effect to us which is our emotion can be effect and we can not clearly thinking when we see something is happen. so I think you need to take a rest for a while after you watching the market in a hour and you can come back again in 15 minutes or 30 minutes to continue trading. before you make decision, make sure you take a deep breath and think twice about your decision so you won't regret after you made decision.

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November 01, 2017, 01:41:08 AM
 #142

In my opinion, before trade you should be set up amount persentase the stop loss and take profit, for example if you decide to taking profit 20% and stop loss 10% , when reach this line (stop loss or take profit) should be done, and buy again other coin or same coin with patiently to get deepest price. So in trading very important to control emotion.
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November 01, 2017, 03:18:52 AM
 #143

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Relax buddy, because basically if there is a decrease then there will be a rise later, you should hold it so it will not disappear, never waver or panic selling because it's an emotion. I also hold some altcoin and the price goes down continuously, but I do not sell it because I'm sure the price will return to normal and go up. it just takes time, we never know when the price can go back up.

This is now the only advice applicable for the OP. I also suggest not to keep looking at the price and forget about Altacoin for now. You are what we call a "bag holder".

Why did you invest in Altacoin in the first place?

 
well there is no such thing that can control oneself emotion it is really depend on how you act in a different kind of situation and  maybe sometimes people will not using thiet head tbey are using thier heart that is why many of us is killed by thier emotion sometime the man become fool and hurting its other because of thier desire.i suggest that practice  controlling your emotion foe good.
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November 01, 2017, 06:24:03 AM
 #144

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Do not control your mind. Let it control you instead. I think emotions are the ones that are controlling you right now because you are reacting. And these emotions are now the ones that are dictating your mind. Be reasonable! Be rational! Be mindful! Do not react with your emotions running high. Do not act immediately. Do not react immediately. Read and study and analyze before acting.
Not easy to control emotions in every unexpected happenings. When you win a lottery you will not control your emotion because of the big money which you have won by betting so little money.

The same is here in bitcoin when the price falls the investors lose their money and when the price goes up the profit also goes up and you will not control your emotions when you make huge money with bitcoin investments. I cannot control my emotions in bad or good situations.
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November 01, 2017, 07:41:54 AM
 #145

Sometimes you can't really avoid those situations when you put up a big amount on a coin so the only thing I can say is diversify all of it so there's a balance that in case the other altcoins will fall, the rest are rising.
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November 01, 2017, 08:38:12 AM
 #146

Sometimes you can't really avoid those situations when you put up a big amount on a coin so the only thing I can say is diversify all of it so there's a balance that in case the other altcoins will fall, the rest are rising.

Yes, there is no way to control your emotion if you are on that situation that your emotion tells you to sell your coins and go panic. But there's a way to control your emotion, take always something to drink when you are feeling that your emotion is starting to feel like that. And by that way, you can be calm when your emotion triggers you to do something nuts so just try my suggestion as it works for me.

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November 01, 2017, 11:33:32 AM
 #147

First of all if you are a newbie you should only buy altcoins you have strong fundamentals,but do your own dilligence thoroughly. This kind of coins will eventually raise and you will get in nice profits,but if you trade blindly and buy altcoins like you picking vegetables from the grocery store you'll probably get burnt.

On another note, altcoins season is coming.. so hodl your strong fundamentals altcoins.  Wink
It is very difficult to control the emotions in every unexpected thing. When you win a lottery you will not control your emotion because of the big money which you have won by betting so little money.

The same is here in bitcoin when the price falls the investors lose their money and when the price goes up the profit also goes up and you will not control your emotions when you make huge money with bitcoin investments. For me it is very difficult to control my self is such situations.
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November 01, 2017, 12:01:22 PM
 #148

I think this is a very essential and important topic when dealing in crypto world. In relation to the emotional aspect, especially the knowing of the own interpretation of the personal behaviour is a very impoertant first step. Following rules (that you can create for your own, e.g. sell when price xy is reached and don`t wait any longer or vice versa sell when the loss is xy percent) could be a next step / task
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November 01, 2017, 12:38:59 PM
 #149

You don't have to control your emotions. Fix you target after buying, make your sell offer, forget about it and skip to other trade.

Funny enough! Emotions will not even come if you know what you are doing. So many people take trading as gambling, no learning, no skills and then they just feel it is all about luck and trying to just hope they can make a profit anyhow. If it works that way, we'd all be making huge amount of money by now, won't we? If you already know all to expect from a trade, you would have planned it even before getting in and that includes taking profit, or reducing losses. If you loose, just like you have said, find a better position to make profit, that is why they call it entry or exit strategy.
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November 01, 2017, 02:44:31 PM
 #150


I think that you are not the only one who lost money last month. I also bought a few coins that fell in price two or three times. I do not think they should be sold now. I will wait and advise you. I think that in the near future there will be a surge
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November 01, 2017, 02:55:06 PM
 #151


I think that you are not the only one who lost money last month. I also bought a few coins that fell in price two or three times. I do not think they should be sold now. I will wait and advise you. I think that in the near future there will be a surge
The current altcoin may be falling but I also think like you it will rise again in the near future.
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November 01, 2017, 03:12:03 PM
 #152

I don't understand about emotion in the trading what I observed in my life is not to be more panic in any situation so that we no need to worry about the present situation which is not going to finish if we get emotion on it so let the situation solve by itself don't get tense about it.
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November 02, 2017, 07:51:01 AM
 #153

Trading not only need good skill in fundamental and technical analysis but more important think is keep patient and dont be greedy. If you trade on pair altcoin with BTC for the better do short trade and take profit around 10% because price of Bitcoin now strong up trend. And if floating minus about 10% for the better cut loss and wait to buy back on the deepest.
Emotional is important when we do anything. Trading is one job that requires good emotional control, because without any emotional control then we will not be able to make decisions appropriately. as you said that skill will not determine our success. without emotional control and also good decision-making then the skills we have will not mean anything. if I were a trader then I would prefer emotional control as the most important thing I should train from scratch.
Emotions play a very vital role not only in your normal life but also in your life related to investing of money. You need to do practice of controlling your nerves as much as you can so that you may not suffer in your life due to emotional trap. If you are bad in controlling your nerves and that too at the tense moments, then this may result in severe consequences. So keep good control on yourself.
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November 02, 2017, 08:28:39 AM
 #154

Controlling emotion is the most difficult thing to do. You can do in short time. For me, when I fell losing my mind, I will go out for relax. After that come back and make a decision.
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November 02, 2017, 08:57:57 AM
 #155

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Bitcoin is rallying so altcoins are down. You can hold your coins or you can just sell them at a loss and buy it lower. You mentioned that you just started trading a month ago so you don't have that much experience yet. I believe the key to control your emotions is through experience because even if you are so thorough in your analysis and have a trading plan already but you lack the psychological part then you will still lose more than you win and give in to your emotions in times of uncertainty. All traders started as a newbie but then those who are profitable nowadays went through losing more and then get through it that's why they already know how to do emotionless trading. Just continue trading and then still follow your trading plan and set a stop loss or hold your coins if you believe it will go up in the future because eventually if you just continue then you can control your emotions.

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November 02, 2017, 09:53:37 AM
 #156

Controlling emotion is the most difficult thing to do. You can do in short time. For me, when I fell losing my mind, I will go out for relax. After that come back and make a decision.
if you are doing trading then you should have ability to control your emotions. if you want to improve your this quality that how to control your emotions then i will suggest you that whenever you are doing trading and face a win or loss then you can start learning from your loss or your win so through this way your emotion will be under control.
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November 02, 2017, 10:38:18 AM
 #157

Alta coin is so a great coin. Maybe you should wait a few months. It will recover soon. Good luck to you!  Smiley
Altcoin is actually a very good coin but you cannot trust on it for quite a long period of time. You can only trust on altcoin if you are planning for either day trading or short term investment. As far as controlling emotions is concerned, I think this is the most important thing you actually need to do no matter which thing you are doing. Just keep on controlling your nerves for your better tomorrow.
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November 02, 2017, 10:55:43 AM
 #158

you are not alone sir. to control your emotion just think positive thats the secret dont look on your loses thats business everyone experience that never lose hope maybe you can wait for the right time for that altcoin to boom thats your focus now
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November 02, 2017, 11:09:12 AM
 #159

It is very hard to control you mind. If you can control than you will be good trader, If you can not contorl just forget about tranding, betting etc... I don't think that you can learn to control yourself.
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November 02, 2017, 12:49:14 PM
 #160

controlling emotions when trading is very difficult because it usually carried emotions and want to get a big profit so that we can not think and carried away the flow, I am here still learn how to control emotions, because I think when trading ourselves isa that determines the loss or profit
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November 02, 2017, 01:06:35 PM
 #161

your money management must strictly be followed. Establish you rules which you will apply literally.
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November 02, 2017, 01:18:33 PM
 #162

I think you should stay calm and calm because altcoin prices will not always go down and later on the price will go up. try not to think that in the near future, if you can refreshing is to go out briefly with your friends.
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November 02, 2017, 02:17:14 PM
 #163

controlling emotions when trading is very difficult because it usually carried emotions and want to get a big profit so that we can not think and carried away the flow, I am here still learn how to control emotions, because I think when trading ourselves isa that determines the loss or profit
This is the most important thing we should look at. as well as any analysis and strategy we are in trading then the result will be nil when we can not control emotions. I as one of traders of course experience something like this. When I can not control then I lose all my chances to make a profit, while I can control my emotions so I can make the slightest opportunity to be a chance to make a profit. This is a matter to be aware of, it is only good experiences that can keep us emotionally at our disposal.
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November 02, 2017, 02:34:15 PM
 #164

Discipline yourself and be patient those two are the only keys in my opinion in controlling your emotion because if you can discipline yourself and be patient at the same time in doing decisions and especially in waiting then i can say that it is an easy thing for you to control your emotion effortlessly.



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scott btc
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November 02, 2017, 03:10:33 PM
 #165

hmm i have got this problem, when i buy then i go out and when i back the coin price is down, i can't do anything except using cut loss, not much but it's hurts
what i do is : - go to bathroom, take a shower, then do what your mind wanna do, just make your mind calm, the best way is sleep then do with other coin next.
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November 02, 2017, 03:31:16 PM
 #166

If you are a crypto trader with a gambler heart and very emotional, just buy Bitcoin and HOLD. If you are very emotional, then you should not trade your coin with other coins. Crypto coins is very volatile so theres a greate possibility that you could lose your investment.
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November 03, 2017, 06:46:36 AM
 #167


I think that you are not the only one who lost money last month. I also bought a few coins that fell in price two or three times. I do not think they should be sold now. I will wait and advise you. I think that in the near future there will be a surge
The current altcoin may be falling but I also think like you it will rise again in the near future.
Yes hope for the best is the best thing to control your emotions and crypto is all about nerves and time management and if you lag in anyone of these parts you will get a shock so first learn about the crypto markets so that when you jump into it practically you are mentally prepare to face any of situation otherwise there will a loss waiting for you and stop panicking this ruins the soul of the investor inside you.

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November 03, 2017, 06:57:41 AM
 #168

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

Thanks for your example. So, how do you know where the bottom that will bounce again. Iam still do know how to find the bottom to buy back. Could you give me the technic how to read the chart when it will go up again after thouch the bottom?

Thanks again
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November 03, 2017, 07:03:12 AM
 #169

You must be very sober when tradecoin. Very important emotions can cause you to lose a lot. When you are not calm, stop the tradecoin, drink a cup of coffee and relax with soothing music. This is my own experience. Hope can help you.
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November 03, 2017, 07:59:08 AM
 #170

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

I think the time will train you to manage your emotions. And also don't exert too much time on monitoring your coins because can also be a cause to stress you out and make your emotions stronger. Make yourself busy with other stuff and think positive always.
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November 03, 2017, 08:19:56 AM
 #171

As long as you remain human you will have to deal with your emotion and regular basis. You are stuck with your emotion cause is not going anywhere. One thing we must do is to manage our emotion and keep track of situation and event that usually leads to unfourable decision. Altcoin will rise in it's timne. patience is the number one valuable attribute in crypto.

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November 03, 2017, 12:55:06 PM
 #172

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
First, before you enter the world of trading you must be ready to wait, wait patiently is the key for you to profit more. But if you already sell it in low price you got lose your money. So, now you entered the trading world you must face it and survive from it.
Without patience, it is impossible to survive in the world of crypto coin trading because in a market full of fluctuation, humans are more vulnerable to mistakes and that is why a calm mind is required. Most of the people who faced loss in the past was due to the fact that they were impatient.

Self-control is the best skill not only for trading but survival in the world. The first requirement of trading is to shake off the fear of loss by developing patience.
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November 03, 2017, 12:58:55 PM
 #173

am new to trading. planning on trying it out soonest. i would really love any article that i can read to help me control my emotions during times like this. . . please any help on emotional control will be really appreciated right now.
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November 03, 2017, 01:10:54 PM
 #174

Just calm down every time the price drops and you should travel for a long time as it can get you good psychology before returning to trading. This is really good because it will help us have many new lessons and can be more successful in life
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November 03, 2017, 03:37:27 PM
 #175

controlling emotions when trading is very difficult because it usually carried emotions and want to get a big profit so that we can not think and carried away the flow, I am here still learn how to control emotions, because I think when trading ourselves isa that determines the loss or profit
This is the most important thing we should look at. as well as any analysis and strategy we are in trading then the result will be nil when we can not control emotions. I as one of traders of course experience something like this. When I can not control then I lose all my chances to make a profit, while I can control my emotions so I can make the slightest opportunity to be a chance to make a profit. This is a matter to be aware of, it is only good experiences that can keep us emotionally at our disposal.
Emotions are difficult to control mid-stream, but if everything was laid down on the table before the trades were made, it would have been relatively easier to manage. Now that you're neck deep in loss, it is already too late to consider a stop loss, because the price might pick up soon after you threw in the towel.

By the way, which altcoins did you commit your money to? If it's the more stable ones like ETH, LTC, XMR, DASH, NEO and a few others, I would suggest you maintain you hodl and even raise money to buy more at current rate. The altcoin market is for now paying homage to their king - Bitcoin, over its hard fork slated for November 16th, subsequently the price of altcoins, especially the top ones are sure to pick up, unless you had bought shitcoins, Don't regret taking the huge loss, keep buying a little bit more of the altcoins should they drop further and remain positive, reversal is near!
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November 03, 2017, 04:03:34 PM
 #176

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Emotional control in trade is one of the most important things, if you do not master your emotions, things can get worse. As for your problem, I think you should calm down to look at the situation, should not panic. To control emotions is not easy, but I have some tips for you. You should eliminate the feeling of losing your chance if you do not enter a certain order, there are still other opportunities waiting for you. Do not pay too much attention to profits or losses in the trade, it can affect your mind. Gradually remove the negative thoughts, be optimistic and confident in your ability. Hope this can help you Cheesy
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November 03, 2017, 04:20:31 PM
 #177

Emotional out burst happens quite often while you are into trading. Trading needs to be given more consideration, because even a small fluctuation might lead to catastrophic change leading to loss or profiting. Recently felt bad selling the asset in my portfolio and within days it started to pump again. Such scenarios make us emotionally feel bad and try to compensate the loss with other assets.
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November 03, 2017, 04:22:08 PM
 #178

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Emotional control in trade is one of the most important things, if you do not master your emotions, things can get worse. As for your problem, I think you should calm down to look at the situation, should not panic. To control emotions is not easy, but I have some tips for you. You should eliminate the feeling of losing your chance if you do not enter a certain order, there are still other opportunities waiting for you. Do not pay too much attention to profits or losses in the trade, it can affect your mind. Gradually remove the negative thoughts, be optimistic and confident in your ability. Hope this can help you Cheesy

The current Bitcoin price automatically has reduced prices to all Altcoins. Lots of Altcoin has a price reduction of up to 20 percent, this is none other than the increase in Bitccoin prices that have increased the value of Bitcoin so that the price of Altcoin decreased. This is a consequence when we have a coin, Some people must have a loss and this is the result of inappropriate timing in making decisions. Usually also emotional control is needed to make decisions because when we can not control our emotions we can take wrong decisions and this will end to the losses we will get.
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November 03, 2017, 04:35:31 PM
 #179

First of all you have to calm down and clear your mind because if not, your mind will not know what the best thing to do and you can't find a solution in your problem. I believed that everything happens for a reason. If you lose something so be it. I believed that it will return to you in the right time. Don't lose hope. Just think that it is just a trial. Maybe on your next try you will gain big profit. Don't afraid to try again.
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November 03, 2017, 11:23:31 PM
 #180

controlling emotions when trading is very difficult because it usually carried emotions and want to get a big profit so that we can not think and carried away the flow, I am here still learn how to control emotions, because I think when trading ourselves isa that determines the loss or profit
This is the most important thing we should look at. as well as any analysis and strategy we are in trading then the result will be nil when we can not control emotions. I as one of traders of course experience something like this. When I can not control then I lose all my chances to make a profit, while I can control my emotions so I can make the slightest opportunity to be a chance to make a profit. This is a matter to be aware of, it is only good experiences that can keep us emotionally at our disposal.
Emotions are difficult to control mid-stream, but if everything was laid down on the table before the trades were made, it would have been relatively easier to manage. Now that you're neck deep in loss, it is already too late to consider a stop loss, because the price might pick up soon after you threw in the towel.

By the way, which altcoins did you commit your money to? If it's the more stable ones like ETH, LTC, XMR, DASH, NEO and a few others, I would suggest you maintain you hodl and even raise money to buy more at current rate. The altcoin market is for now paying homage to their king - Bitcoin, over its hard fork slated for November 16th, subsequently the price of altcoins, especially the top ones are sure to pick up, unless you had bought shitcoins, Don't regret taking the huge loss, keep buying a little bit more of the altcoins should they drop further and remain positive, reversal is near!


how exactly can you know a shit coin to avoid them?
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November 04, 2017, 12:03:08 PM
 #181

First of all you have to calm down and clear your mind because if not, your mind will not know what the best thing to do and you can't find a solution in your problem. I believed that everything happens for a reason. If you lose something so be it. I believed that it will return to you in the right time. Don't lose hope. Just think that it is just a trial. Maybe on your next try you will gain big profit. Don't afraid to try again.

Right. If you don't let your mind take control, instinct most lf the time results in disastrous decision making. Being in control comes from constant learning from mistakes. So you just have to make sure that the mistakes you've committed before stays with you. He more you trade this way, the less chance you'll be under your emotion's control and your emotions will be the one under your control

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November 04, 2017, 12:54:27 PM
 #182

For now, the only thing you can do is to wait until the end of this year,  if the market value  is still the same next year,  then it is time for you to face the reality and move forward, remember failure makes you better, and now that you already learn from your mistakes, the next time that your going to invest again you now have an idea or hint when to buy or sell your coins.
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November 04, 2017, 01:11:49 PM
 #183

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

The way to control an emotion is no other way than to be patient. A losing trade will eventually go back to profitting although it depends on time. This is why it is advised to trade or invest what one can bear its loss. I read somewhere that trading small is very important.
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November 04, 2017, 01:36:09 PM
 #184

First of all you have to calm down and clear your mind because if not, your mind will not know what the best thing to do and you can't find a solution in your problem. I believed that everything happens for a reason. If you lose something so be it. I believed that it will return to you in the right time. Don't lose hope. Just think that it is just a trial. Maybe on your next try you will gain big profit. Don't afraid to try again.
Yeah, usually we always lose your patience because of the loss in trading, so you could spend these time on life , on resting or spending time to enjoy life with your family. Give your mind a new fresh to clear all the fucking bad emotions.
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November 04, 2017, 02:30:09 PM
 #185

Be calm and always try to concentrate whenever the price drops and you should find out why the altcoin is down and you should consider selling or buying more because if the altcoin is really potent then it will certainly be level higher prices in the future






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November 04, 2017, 02:34:47 PM
 #186

It's very important to keep in mind the cardinal rule: Invest only what you are comfortable to lose.

When you do take a loss, try to look at it from a different perspective. Turn it into a learning experience. This way, the loss will actually have value in the long run.

Having strong hands is key as well in alt markets. Those red coins will pump again, you just must be patient.

It is also helpful to do a thorough fundamental analysis of the coins you are trading. Only invest in coins you believe in and show signs of stability and future growth. This way, if your coin drops in price, you will be more comfortable holding it because you have a positive long run analysis.

Never stop learning. With more knowledge comes less uncertainty.

I don't know if you're into meditation, but not only will it help you control your emotions in trading, it will help in everyday life situations.

I'd say best of luck, but it's more about hard work than luck!

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November 04, 2017, 02:37:40 PM
 #187

is to be patient. Be patient waiting for a completed drama bitcoin and don't greedy with the gains already achieved

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November 04, 2017, 03:42:33 PM
 #188

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Always think the good will happen to your effort. Whether in reality you saw bad things, still keep on thinking the good things mate. Though the price is down think its an opportunity for you to buy more or hold and wait a little bit longer.
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November 04, 2017, 03:50:29 PM
 #189

Which altcoins are you hodling? If those are potential coins such as ETH, Ripple, Litecoin, you should wait for few weeks, they have recovered. If not, you should sell all your altcoins and invest in others.
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November 05, 2017, 06:01:47 AM
 #190

 It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.



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November 07, 2017, 12:18:14 PM
 #191

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

The way to control an emotion is no other way than to be patient. A losing trade will eventually go back to profitting although it depends on time. This is why it is advised to trade or invest what one can bear its loss. I read somewhere that trading small is very important.
Controlling emotions is the main thing in the crypto and I have seen the people who are well at strategy but they get panicked and now they are in losers and more of it those who had controlled their emotion they made a lot of money and trading is all about taking right decision on the right time so you must work on controlling your nerves because some time price go down only true believer survives in field of trade.
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November 07, 2017, 12:23:38 PM
 #192

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

The way to control an emotion is no other way than to be patient. A losing trade will eventually go back to profitting although it depends on time. This is why it is advised to trade or invest what one can bear its loss. I read somewhere that trading small is very important.
Controlling emotions is the main thing in the crypto and I have seen the people who are well at strategy but they get panicked and now they are in losers and more of it those who had controlled their emotion they made a lot of money and trading is all about taking right decision on the right time so you must work on controlling your nerves because some time price go down only true believer survives in field of trade.
important points in trading is the knowledge and experience. both are very important and with both you can control your emotions. people who have both will not be easy to panic because they know what to do when the prices come down. don't panic, patient and even buy again at the cheapest price for back up.
 

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November 07, 2017, 12:52:11 PM
 #193

Play poker Grin. Seriously, it trains your patience.
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November 07, 2017, 01:15:47 PM
 #194

First of all you have to calm down and clear your mind because if not, your mind will not know what the best thing to do and you can't find a solution in your problem. I believed that everything happens for a reason. If you lose something so be it. I believed that it will return to you in the right time. Don't lose hope. Just think that it is just a trial. Maybe on your next try you will gain big profit. Don't afraid to try again.
I also agree with you. If someone has actually lost quite a lot while trading or in some other matter then the first thing is to calm down his nerves. a person only  satisfy himself  when he has achieved his  goal. But there do come a time in your life when you do not get the required result.

The only way to get out of this problem is that you must keep it in your mind that anything that happens in your life even if it is harm on temporary basis it would definitely be something useful in future.

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November 07, 2017, 01:44:18 PM
 #195

First of all you have to calm down and clear your mind because if not, your mind will not know what the best thing to do and you can't find a solution in your problem. I believed that everything happens for a reason. If you lose something so be it. I believed that it will return to you in the right time. Don't lose hope. Just think that it is just a trial. Maybe on your next try you will gain big profit. Don't afraid to try again.

Right. If you don't let your mind take control, instinct most lf the time results in disastrous decision making. Being in control comes from constant learning from mistakes. So you just have to make sure that the mistakes you've committed before stays with you. He more you trade this way, the less chance you'll be under your emotion's control and your emotions will be the one under your control

I have to agree with you. Decisions should come from our mind and not our heart. Because if we let them take control our decisions, then it will be really disastrous for all of us. In the beginning, I'm too emotional specially when I'm seeing the bitcoin price is dropping and dropping fast, I immediately push the sell button. Later on, I don't know what happened except that I'm too emotional and regret my decisions of dumping my coins instead of hodling it for the future. But I'm more matured now, I'm not affected by fud around and I always used my mind in making critical decisions when to sell.
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November 07, 2017, 01:44:36 PM
 #196

If you are asking that on a forum online then you are out of luck my friend. You should know in life how to control your emotions otherwise they will keep getting the best of you. I can tell you though that emotions can be controlled with your thoughts and breathing. Breathe whatever emotion you want into existence and believe it will rule out negative ones and it will.
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November 07, 2017, 01:56:43 PM
 #197

Trading is also a mind game you should be wiser, avoid checking coins during dumps because it will affect you emotionally  and mentally. Just hold and wait else you might end up loosing your money because you are over powered by your emotion.
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November 07, 2017, 02:07:13 PM
 #198

Stay focused and sharp. Don't take quickness and reacting without thinking to get you. Altcoins are variable and if you are well instructed then you must know that everything that falls down eventually gets up. Hold your "alts" until next big opportunity and suppress your emotions in this case. There is no room for emotions in investing. You only need the steady mind that is focused on that what you do at the given moment.

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November 07, 2017, 02:10:58 PM
 #199

It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.
It is good to hear that you can easily control your emotions through this simple technique. Actually people do face some great losses in terms of trading but that is not the real time to get panicked and quitting at once. One has to wait for the right time that is the prices to again rise so that he can apply his trading technique for earning back the losses. So just keep your emotions under control and let not them drive you towards your real failure.
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November 07, 2017, 02:14:54 PM
 #200

Trading is also a mind game you should be wiser, avoid checking coins during dumps because it will affect you emotionally  and mentally. Just hold and wait else you might end up loosing your money because you are over powered by your emotion.

Exactly. Thats one of the most effective ways to have your emotions checked during dumps. If you are too keen about the movement of the coins you've invested on, chances are you're going to be very anxious and unnecessarily cautious. Panic selling would be next after that

 
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November 07, 2017, 02:30:42 PM
 #201

Trading is also a mind game you should be wiser, avoid checking coins during dumps because it will affect you emotionally  and mentally. Just hold and wait else you might end up loosing your money because you are over powered by your emotion.

Exactly. Thats one of the most effective ways to have your emotions checked during dumps. If you are too keen about the movement of the coins you've invested on, chances are you're going to be very anxious and unnecessarily cautious. Panic selling would be next after that
and that's the very bad attitude when you are investing inside cryptos you should always have a lots of patience since fluctuations is always present
inside this investment, you always find time to research and never ever go with the flow just trust your own instinct.
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November 07, 2017, 02:34:34 PM
 #202

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
maybe play relax is the solution, just never sell except u get profit even u must hold it for long time
like me i hold my altcoin over 1 month coz the price down and down, and sell it when already profit

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November 07, 2017, 02:39:05 PM
 #203

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Maybe the coin you bought is not traded by many people. Did you first analyze or look for the past price chart of that coin ? Its ups and downs? Why not buy bitcoin instead of that alta coin? For how long are you waiting for the price up? If it is just month, I say it is normal. If it already takes a year of waiting I say that coin is already impossible to rise again.
About controllinf emotions I have nothing much to help you with that because if I am in that situation for sure I am already in panic mode. Me, I also cannot control my emotions especially that case. I must say it is a lesson for you. If you will buy another coin again you must be very careful. Thanks god, I do signature campaigns and not trading.

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November 07, 2017, 02:39:55 PM
 #204

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
maybe play relax is the solution, just never sell except u get profit even u must hold it for long time
like me i hold my altcoin over 1 month coz the price down and down, and sell it when already profit
Yeah sure. Never sell when you have no profit. Altcoin down and will up soon. We just have pateince and dont look your balance.
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November 07, 2017, 03:11:18 PM
 #205

This thread is incredibly helpful!

https://bitcointalk.org/index.php?topic=2223191.0

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November 07, 2017, 03:21:31 PM
 #206

Never lose hope my friend, we all go through loss and gain in our lives.I am sure that whichever altcoins that you have bought,would have been bought after doing a lot of research.If yes then beleive in yourself,the altcoins value may just pump sometime.Or if the value is falling too low than don't grieve on that much.Instead do proper research on the altcoins which you would invest in the future.
All the best.
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November 07, 2017, 03:35:40 PM
 #207

It is a very simple to control your emotion. First time you need to fix your mind then you start trading. You do only 10 trade if you lose at a time two trade then stop your trade after one hour later start again. You must trade only 10, never trade more than 10 trade in a day. Control your money Thirsty and take a money management .
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November 07, 2017, 04:37:47 PM
 #208

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I don't think you need to control your emotions here because this is trading and such types of conditions are simple form the trader .
Here in the trading everything is just work and I don't think that everyone are happy in the trading . Currently the price of the bitcoin getting high speedly so that the demand of the bitcoin is getting increasing speedly and to complete the demand they are selling Thier altcoins , so that is the reason of the down in the market of the altcoins .
But here I would like to suggest you to consider the value of the coins in the fiat that you have currently Because here the value of the bitcoin is getting day by day , so here we can understand well that we don't need to take much tension and this is that condition which is better time to make investment in the altcoins , Because the price is going down day by day , so after the price of the bitcoin getting stable these coins will regain the market very soon .
So take it easy and wait for the proper time to make selling your coins , and Don't sell your coins at loss at any condition .

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weredo911
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November 07, 2017, 06:37:41 PM
 #209

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I don't think you need to control your emotions here because this is trading and such types of conditions are simple form the trader .
Here in the trading everything is just work and I don't think that everyone are happy in the trading . Currently the price of the bitcoin getting high speedly so that the demand of the bitcoin is getting increasing speedly and to complete the demand they are selling Thier altcoins , so that is the reason of the down in the market of the altcoins .
But here I would like to suggest you to consider the value of the coins in the fiat that you have currently Because here the value of the bitcoin is getting day by day , so here we can understand well that we don't need to take much tension and this is that condition which is better time to make investment in the altcoins , Because the price is going down day by day , so after the price of the bitcoin getting stable these coins will regain the market very soon .
So take it easy and wait for the proper time to make selling your coins , and Don't sell your coins at loss at any condition .
I agree with you. Altcoins price down because of the increasing of buying Bitcoin demand before the fork. I think after Segwit2, altcoins price will recover

I have pretended to be mentally retarded for seven years.
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November 07, 2017, 06:42:40 PM
 #210

Emotion is number 1 enemy of a lot of traders. You can overcome your trading emotions with discipline by following your trading plan. So first and formost you must have a trading plan before you even venture into your first trade of the day. Your trading plan must have the following take profit price, stop loss price and the market to trade.Stick to your plan emotion will run away.
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November 07, 2017, 06:51:43 PM
 #211

They said "try and try until you succeed" so failure is not a reason to surrender.
Just try to calm yourself and do whats your goal if you fail, just try it again and make a solid solution to achieve it.
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November 08, 2017, 10:01:20 AM
 #212

It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.
Exactly controlling emotions are very important in every sort of business and trading. Business and trading can be done only with big heart and patience. Patience helps in growing bigger and earning more money. Do not think of loss, focus on you investment and continue your hard work because your hard work and patience will bring you success ultimately. Believe in your efforts.
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November 08, 2017, 10:10:33 AM
 #213

Patience is the key and you have to practice it, now that you are in trading. The more patience you have, the best you can control your emotions. Also, you have to be calm at all times and learn to not be easily affected by the results, especially if you are going into long-term trading. Another thing, always trust yourself and don't listen to what the others are suggesting as this might affect your trading decision. I didn't mean that all articles or news circling around the crypto world are all fake, these are the tools you need to do your own research, its just that you have to be smart and be keen, not just by easily believing in it.
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November 08, 2017, 10:12:35 AM
 #214

Im now in trauma  Cheesy. What I do is to leave trading for awhile and go out for gigs Cool.Best way to chill your mind and heart attack Cheesy

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November 08, 2017, 10:29:18 AM
 #215

Of course there are different approaches to different types of emotions. In different situations. But all you need is patience. Patience is the key. One should be brave and practice it. For example, in trading we meet all sorts of people, and sometimes really good and sometimes not that good. But only if one has patience, it becomes easy to handle not that good sort of people. And just always remember that nothing is permanent in this world. Smiley
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November 08, 2017, 11:33:34 AM
 #216

Patient is one of way to control emotion. And also experience will teach you more then just reading.
If you feel really bad when you see chart front of device, better you shut it down.
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November 08, 2017, 12:01:02 PM
 #217

It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.
Exactly controlling emotions are very important in every sort of business and trading. Business and trading can be done only with big heart and patience. Patience helps in growing bigger and earning more money. Do not think of loss, focus on you investment and continue your hard work because your hard work and patience will bring you success ultimately. Believe in your efforts.
Be patient , keep training on it. Be wise keep learning on what you have done.
That is always be my principle on how i do control my emotion especially when you are in big disappointing moment.
Take a break for a while , cooling down until you have got a fresh air and then continue with a positive energy.
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November 08, 2017, 12:58:10 PM
 #218

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
There are some option: you can make an exchange ticket at a high value of the coin, so hen it will be reached then the exchange will do everything automatically or just let them there and try to do something else so you dont think at them. Ether way, selling them at a lower value than when you buyed it is not an option.
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November 08, 2017, 01:21:02 PM
 #219

It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.
Exactly controlling emotions are very important in every sort of business and trading. Business and trading can be done only with big heart and patience. Patience helps in growing bigger and earning more money. Do not think of loss, focus on you investment and continue your hard work because your hard work and patience will bring you success ultimately. Believe in your efforts.
Be patient , keep training on it. Be wise keep learning on what you have done.
That is always be my principle on how i do control my emotion especially when you are in big disappointing moment.
Take a break for a while , cooling down until you have got a fresh air and then continue with a positive energy.
Its easy to say that mate but in reality while into the current situation, you maybe shaking your feet upon seing the price fall down. That statements is right and while into learning process you must do it all alone so that you will become a good hodler, as you applied your patience over it. Don't ever let emotions control over you, because you have your own decision; most importantly trust your instict.
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November 08, 2017, 01:51:02 PM
 #220

that is why others called trading a gambling because it is like that you gamble but if you have a lot of patience surely you will earn. just like a saying that patience is a virtue. just keep your coins at this moment and wait for the price to gone high before you sell it. don't be scared and be optimistic. 
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November 09, 2017, 09:54:09 AM
 #221

Im now in trauma  Cheesy. What I do is to leave trading for awhile and go out for gigs Cool.Best way to chill your mind and heart attack Cheesy

no matter for how long you stall - just keep remembering that PATIENCE is the key.
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November 09, 2017, 10:04:45 AM
 #222

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Control your temper my friend , Usually this is the reaction of beginners but as you go through you will learn a lot of things about trading, It is important to be patience because patience is a virtue, We all know the characteristics of alt-coins sometimes it goes up and sometimes it goes down. but remember based on your statement, the value of your alt coins drown down, Then wait for the moment it recovers because i am surely believe it will pumps up to the nearest days to come, So much better if you calm down:)
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November 09, 2017, 10:06:11 AM
 #223

I guess experiencing a loss is normal and every trader had gone that. Just keep in your mind that before you can earn more you should learn first, it's a part of the learning process. And when you already feel down, think and remember your main goal, focus on. And don't dwell on your loss, check and try to see another altcoin.
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November 09, 2017, 10:18:46 AM
 #224

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

in trading prices that go up or down it is a common thing, we must be patient to face it do not emotion, it is a risk in trading sometimes profit and sometimes loss
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November 09, 2017, 10:20:29 AM
 #225

if you want to try trading you no need emotions you need to prof ideas when 1 coin down you must to see future it will be high but when you must to patiance and no emotion no rules for feel emotions please read some risk managment and thay play the game
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November 09, 2017, 10:49:36 AM
 #226

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
not because alta is down,means it is down forever sometimes we just need to control our temper,always mindset that price here in crypto wasnt permanent .the only matter is when will the coins climb up.thats the time u need to wait

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November 09, 2017, 12:26:51 PM
 #227

Related topic have been posted here you can take your time to read on it. Coming back to your subject how to control your emotion, you need to work on yourself and have a mind of an investor which is risk taker. Nothing is constant as change the alta coin is low today, increment can occur at any period in time

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November 09, 2017, 12:37:31 PM
 #228

Related topic have been posted here you can take your time to read on it. Coming back to your subject how to control your emotion, you need to work on yourself and have a mind of an investor which is risk taker. Nothing is constant as change the alta coin is low today, increment can occur at any period in time
what do you mean low? alts are showing big jumped right now and while btc are to keep 7k$ mark alts are partying lucky for those who able to invest while the value really move down and that's what is good inside trading knowing when to hold and when to sell you can control your emotion by allowing yourself to understand the system, it will just repeat itself so never give up and sell when you are still at loss.

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November 09, 2017, 12:42:04 PM
 #229

Patience is the key for you to survive this situation about alts.they are so deep now.and bitcoin is so high.but what matters is we must realize that alts has time to explode to have high value.so just wait enjoy the crypto and dont be frustrated.
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November 09, 2017, 01:00:35 PM
 #230

that is why others called trading a gambling because it is like that you gamble but if you have a lot of patience surely you will earn. just like a saying that patience is a virtue. just keep your coins at this moment and wait for the price to gone high before you sell it. don't be scared and be optimistic.  

As i believe that anything that involves money is also like gambling because your staking and risking your money. Controlling the emotions are hard for beginners as they didn't know what and how exactly they should react towards the incident but eventually they'll be used to this. So before you do anything stupid, stay calm, pick up your thoughts and decide what you should do and think that this are all usual in trading.

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November 09, 2017, 01:26:05 PM
 #231

if you want to try trading you no need emotions you need to prof ideas when 1 coin down you must to see future it will be high but when you must to patiance and no emotion no rules for feel emotions please read some risk managment and thay play the game

Set aside your emotions when you trade your holdings, never be affected with whatever may happen during trades, if its low then let it be and don't ever panic. Stay focus on your goals for what you have now it doesn't mean it turns our to nothing, but I am confident that if we are brave enough to control our weaker points of our emotions; that would be the advantages. No rules or any reading can help you have that control, but you and yourself alone can do that. Always stay calm and wait for your coin price value to triple its price then sell if you hit the target soon.
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November 10, 2017, 11:05:11 AM
 #232

It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.
Exactly controlling emotions are very important in every sort of business and trading. Business and trading can be done only with big heart and patience. Patience helps in growing bigger and earning more money. Do not think of loss, focus on you investment and continue your hard work because your hard work and patience will bring you success ultimately. Believe in your efforts.
Be patient , keep training on it. Be wise keep learning on what you have done.
That is always be my principle on how i do control my emotion especially when you are in big disappointing moment.
Take a break for a while , cooling down until you have got a fresh air and then continue with a positive energy.
Its easy to say that mate but in reality while into the current situation, you maybe shaking your feet upon seing the price fall down. That statements is right and while into learning process you must do it all alone so that you will become a good hodler, as you applied your patience over it. Don't ever let emotions control over you, because you have your own decision; most importantly trust your instict.
I know that , always easy said than done , but when you really did not do it you will never know , so just give a shot on it.
Instinc won't be my first consideration , if you do trading with a way like that i am sure you won't survive for long time enough.
Train yourself to hold the desire to get more profit and collect only a little piece of it steady.
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November 10, 2017, 11:53:09 AM
 #233

if you want to try trading you no need emotions you need to prof ideas when 1 coin down you must to see future it will be high but when you must to patiance and no emotion no rules for feel emotions please read some risk managment and thay play the game

Set aside your emotions when you trade your holdings, never be affected with whatever may happen during trades, if its low then let it be and don't ever panic. Stay focus on your goals for what you have now it doesn't mean it turns our to nothing, but I am confident that if we are brave enough to control our weaker points of our emotions; that would be the advantages. No rules or any reading can help you have that control, but you and yourself alone can do that. Always stay calm and wait for your coin price value to triple its price then sell if you hit the target soon.


Controling your emotion is not easy especially if you are newbie in trading industry but you are right dont be panic or affected in whatever happen in your token because every dump that come theres always a pump try to master trading by reading some news \ article it will help to you to improve your trading skill you need to trust the coin you buy it will give you a confident Smiley

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November 10, 2017, 12:26:32 PM
 #234

if you want to try trading you no need emotions you need to prof ideas when 1 coin down you must to see future it will be high but when you must to patiance and no emotion no rules for feel emotions please read some risk managment and thay play the game

Set aside your emotions when you trade your holdings, never be affected with whatever may happen during trades, if its low then let it be and don't ever panic. Stay focus on your goals for what you have now it doesn't mean it turns our to nothing, but I am confident that if we are brave enough to control our weaker points of our emotions; that would be the advantages. No rules or any reading can help you have that control, but you and yourself alone can do that. Always stay calm and wait for your coin price value to triple its price then sell if you hit the target soon.


Controling your emotion is not easy especially if you are newbie in trading industry but you are right dont be panic or affected in whatever happen in your token because every dump that come theres always a pump try to master trading by reading some news \ article it will help to you to improve your trading skill you need to trust the coin you buy it will give you a confident Smiley
Emotional control is a must with trading as well with gambling, because even a small mistake we do will end up in a big failure or losing. To avoid such unwanted loss its good to have control and importantly should have the patience to wait for the opportunity to sell rather than just selling on panic or without proper analyzing of the variation happening with time.

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November 10, 2017, 12:53:16 PM
 #235

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

this is only way to wait and keep calm. everything change and this situation will change also. In the some time to find new possibility how to collect bitcoin.
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November 10, 2017, 01:10:34 PM
 #236

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Keep calm. My suggestion should you spread the ads on twitter with many accounts.
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November 10, 2017, 01:14:33 PM
 #237

Patience is the key for you to survive this situation about alts.they are so deep now.and bitcoin is so high.but what matters is we must realize that alts has time to explode to have high value.so just wait enjoy the crypto and dont be frustrated.
Yes you need to have patience but you also need to have the right mentality and control over your emotions. Yes it can be emotionally frustrating to see the price of the coin that you've invested drop but like what I said, you need to be emotionally strong and not get affected by these changes. You need to patient enough to see if it can still recover back or if you really have no choice but to accept your losses and sell it in that price.
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November 10, 2017, 08:22:07 PM
 #238

Patience is the key for you to survive this situation about alts.they are so deep now.and bitcoin is so high.but what matters is we must realize that alts has time to explode to have high value.so just wait enjoy the crypto and dont be frustrated.
Yes you need to have patience but you also need to have the right mentality and control over your emotions. Yes it can be emotionally frustrating to see the price of the coin that you've invested drop but like what I said, you need to be emotionally strong and not get affected by these changes. You need to patient enough to see if it can still recover back or if you really have no choice but to accept your losses and sell it in that price.
Emotion can change everything it may be bad or good it depends on how you handle it controling is not as easy as we think it is so hard so better to stay calm , patience we can have that but to control your emotion while in trading it is up to you on how you handle it.
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November 10, 2017, 09:06:17 PM
 #239

In every step, you must know the whole process of it. Dont rush things, dont manipulate everything without others concern. Every stage has a story. So handle things with care. Learn to appreciate and understand every struggles that you may encounter.
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November 10, 2017, 09:26:06 PM
 #240

I would like give you an advice. When you feel loss your mind, you should go around about 15 minutes. After that, come back and make decision.

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negancoin
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November 11, 2017, 01:54:35 AM
 #241

make list of rules, write them down, put then in front of monitor.
every time you trade, read those rules before you make any decision.
every time you make a decision because of your emotion and you failed, write that mistake on same paper.
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November 11, 2017, 02:01:05 AM
 #242

make list of rules, write them down, put then in front of monitor.
every time you trade, read those rules before you make any decision.
every time you make a decision because of your emotion and you failed, write that mistake on same paper.

Agreed. That's basically what I had to do. Come up with your own rules and stick to them and you'll sleep much better at night, even on bad trades.
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November 11, 2017, 06:09:09 AM
 #243

is to be patient. Be patient waiting for a completed drama bitcoin and don't greedy with the gains already achieved
It is very important to keep one thing in mind while starting trade etc that ups and downs are part of life and losing hope is the key to failure.  While keeping this thing in mind you would be patient, stay committed to your work. In case of loss observe your faults and mistakes  from various angles and try to overcome them instead of taking it on your heart and believe in yourself. Bitcoin is something which is trustworthy.
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November 11, 2017, 06:17:10 AM
 #244

Play poker Grin. Seriously, it trains your patience.
Trading requires pre experience as well as a firm belief because lack of belief always results in the end that a person gets panicked at the time of price downfall and hence takes some wrong decisions as for selling Btcs at the lowest prices to save his funds.

The best way to control your emotions is to learn the trick of holding back your coins even at the time of crisis so that they could earn you even more when the prices again rise to a higher level and also to keep in mind that price fluctuation occurs often hence you don’t need to wait for longer times.
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November 11, 2017, 09:04:50 AM
 #245

It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.
Agreed! There is nothing in this world which can teach you this thing like how to keep your emotions under your control. It is you who has to practice this thing in your life. Patience is the most important thing in your life especially when you are investing in any kind of crypto currency. You need to keep yourself under your control is that you may be able to think in a better way.
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November 11, 2017, 12:12:45 PM
 #246

Once you invested in bitcoins or Alt coins, you have to be patient. There is a big chance that the price will rise in the future.

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November 11, 2017, 12:25:30 PM
 #247

Once you invested in bitcoins or Alt coins, you have to be patient. There is a big chance that the price will rise in the future.
I agree with you . There will be an altcoin day that will be pump and this often happens unexpectedly and we can not know in advance what will happen. My advice is to be patient with that altcoin and you will have a good future
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November 11, 2017, 12:38:09 PM
 #248

I would like give you an advice. When you feel loss your mind, you should go around about 15 minutes. After that, come back and make decision.
you dont have to feel so affected when there is something happen in market being patient make you as a trader who have patience and not making decision that was wrong that can feel you so bad.
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November 11, 2017, 12:52:37 PM
 #249

Once you invested in bitcoins or Alt coins, you have to be patient. There is a big chance that the price will rise in the future.
I agree with you . There will be an altcoin day that will be pump and this often happens unexpectedly and we can not know in advance what will happen. My advice is to be patient with that altcoin and you will have a good future
Yes, bitcoin price along with most of the altcoins seems to be falling. As the user mentioned surely there will be a day for each and every altcoin that has got listed to the exchanges. It's our responsibility to have patience and benefit out of the same.

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November 12, 2017, 08:32:27 AM
 #250

Trading is also a mind game you should be wiser, avoid checking coins during dumps because it will affect you emotionally  and mentally. Just hold and wait else you might end up loosing your money because you are over powered by your emotion.
Emotions are so strong when it comes the dips period. There are so many people who have good emotion control, even they are being scattered when prices are falling. That is the time when one should show the best control he/she could.

Reason is, that crucial time makes your way, either you are going for good or you are tracked to some big losses. You have to be wise and patient.
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November 12, 2017, 08:38:19 AM
 #251

I would like give you an advice. When you feel loss your mind, you should go around about 15 minutes. After that, come back and make decision.
you dont have to feel so affected when there is something happen in market being patient make you as a trader who have patience and not making decision that was wrong that can feel you so bad.
Once emotions is high when you trades it will leads to failure. It is necessary for having a time to decide, or think more before taking place a final decision. It necessary to think ove and over again to get rid of loses during trading.
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November 12, 2017, 08:42:02 AM
 #252

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
A good trader must have calm mind and can also control emotions. I am now focusing to develop my calm mind for me to do good decision. We can lose our money if we allow our emotions carried away.

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November 12, 2017, 08:43:03 AM
 #253

Trading is also a mind game you should be wiser, avoid checking coins during dumps because it will affect you emotionally  and mentally. Just hold and wait else you might end up loosing your money because you are over powered by your emotion.
Emotions are so strong when it comes the dips period. There are so many people who have good emotion control, even they are being scattered when prices are falling. That is the time when one should show the best control he/she could.

Reason is, that crucial time makes your way, either you are going for good or you are tracked to some big losses. You have to be wise and patient.
well i believe everyone has a power to control tbier emotion if they really have enoughf experience to reffer on a different kinds of situation that may ingage in our way.i believe lucking an experience may lead us into trouble on controlling our emotion.that is why we need to start gaining an experience today or maube learning to make our decision wiser than what we think.people may rise because of thier mistakes .learning from the experience  is really helpful in a hard situation because it is  really hard to forget experience.
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November 12, 2017, 09:05:08 AM
 #254

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

To control your mind, you must first empty it with all your troubles and worries. Try to find your happy place. Then, enhale and exhale in a relaxing manner. You’ll get surprised that you’ll feel a whole lot better.
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November 12, 2017, 09:12:45 AM
 #255

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Probably do not sell it if you know that you will just lose in that. And it just need a lot of patience because you are going to hold the coins for a long period of time until the day comes that those coins that you are holding is already on a great price. Because in this business we need to have control on our emotions because that is the key to have a great profit in this. You should not be affected that much too if you lose some money or even a lot, always be optimistic and cheer yourself up because you will make a bad decisions if you will be driven by your emotions.
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November 12, 2017, 09:14:25 AM
 #256

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
A good trader must have calm mind and can also control emotions. I am now focusing to develop my calm mind for me to do good decision. We can lose our money if we allow our emotions carried away.

Have some other things to take your attention away from trading. It doesn't help that you're way too focused as that's when emotions are likely to be in play. Keep relaxed dude.

 
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November 12, 2017, 09:17:39 AM
 #257

It's epically difficult to control fomo and other harmful emotions concerning trading. As for me, better way is to leave it for some time and do other work.
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November 12, 2017, 09:32:37 AM
 #258

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

In controlling our emotions we should be aware on what are we doing when that thing that triggers us happens. Because controlling our own emotions are all about self control and discipline because you cannot conteol your emotions if you do not learn how to obey your own rules. And you are not going to be a successful bitcoiner in this business if you cannot control your emotions because in this industry we need a lot of patience and a lot of strategic planning on about what are we going to do if this thing happen to us.
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November 12, 2017, 09:46:39 AM
 #259

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

before trading should know which market is good and what a good coin so do not go trading without reading the market if the price falls better patiently and wait do not emotion, refresh your mind, take a breath and calm

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November 12, 2017, 10:08:24 PM
 #260

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

I have very good mathematics theory for this case. You have to buy next same coins for low price and then you dont need to wait for price, which you have bought, for you will enough medium. Do you understand this idea?
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November 12, 2017, 10:37:19 PM
 #261

Don't look at the price if it's still lower than the price you brought it. Rest well and take a cup of coffee. Don't too much thingking about the coins present situation  rather think about positive ways that coins will be in the future.
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November 13, 2017, 02:10:36 AM
 #262

You should try to invest to other coins other than what you have invested. There are coins which has a higher potential than the others. You should look into the brighter side that even if you lose, you are going to gain from the other. Another thing is that, you should not invest that much in one investment only, take the risk into another.

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November 13, 2017, 07:15:18 AM
 #263

in my opinion, you better keep your coins first. maybe later will rise back the price of his coin ...

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November 13, 2017, 07:58:26 AM
 #264

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
at first you ask about emotion,and now your mind.its a teo different thing..

But it seems like your doing good because the alta is still on hold.so my advice is just hold on the coin.have faith on alta.this may took another long but im pretty sure that alta can recover.i have friends that holding alta too
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November 13, 2017, 08:32:49 AM
 #265

make list of rules, write them down, put then in front of monitor.
every time you trade, read those rules before you make any decision.
every time you make a decision because of your emotion and you failed, write that mistake on same paper.

truly said.

And sticking to those rules - is what they call discipline.
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November 13, 2017, 08:41:32 AM
 #266

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I think you are correct that we should control our emotions  because it is important factor to earn more money. I lost some of my money before because I can't control my emotions but now, I am now focusing to control my emotions.
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November 13, 2017, 10:22:04 AM
 #267

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
emotional control is the most important thing in trading, I am to get profit only play short term does not play long term, it can be a little no what it's just do not lust

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November 13, 2017, 10:27:24 AM
 #268

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

the price that goes down and keeps our coins stuck there is a thing that is often experienced in trading, I also experienced it and what I do when it is patient and keep holding until the price back up and I try to control my emotions

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November 13, 2017, 10:54:53 AM
 #269

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

the price that goes down and keeps our coins stuck there is a thing that is often experienced in trading, I also experienced it and what I do when it is patient and keep holding until the price back up and I try to control my emotions
well i believe no one can control your emotion youbare the one who are responsible to control it .i believe that emotion can be controlled when we are experience enoughf on the  different situation maybe if we already experience  the situation we really become fearless and maybe ourselve could really know how to handle the same thing that we experience before.maybe some people didnt have enoughf experience  that is why controlling emotion maybe hard to them.
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November 13, 2017, 10:57:36 AM
 #270

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Failure is a valuable lesson for trading better later. We will to learn more about trading and we will know to reduce things include sadness. You should happy "Success is the ability to go from failure".
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November 13, 2017, 11:00:37 AM
 #271

Do not stress and remember that you do not have to sell at a loss. Blockchain is a good technology and many projects will gain on price in the long run.
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November 13, 2017, 01:24:53 PM
 #272

Im now in trauma  Cheesy. What I do is to leave trading for awhile and go out for gigs Cool.Best way to chill your mind and heart attack Cheesy

no matter for how long you stall - just keep remembering that PATIENCE is the key.
Exactly! Patience is the only key which can help you in having a safe survival. If you are not having control over yourself, then you are going to suffer a huge loss. The best thing which you can do in order to keep yourself under your control is to relax and calm yourself as much as you can especially at the time when the market prices are falling down. Try to develop this habit of remaining cool and calm.
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November 13, 2017, 01:29:32 PM
 #273

If you know Anton Kreil from Goldman Sachs told once: cut losses straight after they occurred and keep winning trade as long as you can sometimes even by adding extra capital to the winning position. That is a key to successful trading. Short losses, big profits. Difference between it will always give you profits
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November 13, 2017, 01:38:30 PM
 #274

It is best not to trade at times when the market is going down and should calm down when prices fall and you should consider taking profits at any time because the altcoin market may collapse very quickly and may also increase very fast
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November 13, 2017, 04:26:11 PM
 #275

Write down big words: NOT BE GREEDY , NOT BE SCARED and always keep an eye on it while trading
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November 13, 2017, 08:06:48 PM
 #276

I have read some last advices here. There are really no good recommendations? Guys, if you want to be balanced, distribute your money in different business areas first of all, not only crypto. Or at least invest in different currencies, including BTC, ETH. And do sport it will adapt your body to stress.
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November 13, 2017, 10:04:19 PM
 #277

Just stay holding. You have to truat your coins. Stop creating negative thoughts rather think about positive future of that coin. Face the reality of dump and pump. Always take it easy and never think about selling it rather think to sell it in a very high price.
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November 13, 2017, 10:46:17 PM
 #278

In order for you to control your emotions you must face the real fact that it is the price and there is big chances that it will be more expensuve soon. Be positive enough and be patient to wait. Right price is enough to those who wait patiently.
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November 14, 2017, 12:51:09 AM
 #279

I had invested into some altcoins when bitcoin were at 6000 dollars, and since those period almost all altcoins went down, i had resisted to cut my losses and i had hold it for a while, i had ignored altcoin value and follow bitcoin, since i knew altcoins would recover once price fall a bit. But i know is very hard to control emotion when you are playing with money and you are loosing as well winning, because our greedy make us take a risk we wouldnt take if were into similiar value into loss.
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November 14, 2017, 02:03:42 AM
 #280

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
the current market price is very unstable, I am sure not only you who have lost a lot of money. try to be more calm and go on holiday to somewhere to get rid of your saturation.

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November 14, 2017, 02:12:45 AM
 #281

In the world of profit and loss trading there must be, not always the benefits that we will get.to hold our emotions when disappointed in the trading we live The first step that must be done is certainly bersikkesimplusionnya our income decreased, then I think we should give up, even if the weight heart. The thought that must arise is a positive aja.terus think how to not lose again.
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November 14, 2017, 12:56:30 PM
 #282

First of all you have to calm down and clear your mind because if not, your mind will not know what the best thing to do and you can't find a solution in your problem. I believed that everything happens for a reason. If you lose something so be it. I believed that it will return to you in the right time. Don't lose hope. Just think that it is just a trial. Maybe on your next try you will gain big profit. Don't afraid to try again.
I also agree with you. If someone has actually lost quite a lot while trading or in some other matter then the first thing is to calm down his nerves. a person only  satisfy himself  when he has achieved his  goal. But there do come a time in your life when you do not get the required result.

The only way to get out of this problem is that you must keep it in your mind that anything that happens in your life even if it is harm on temporary basis it would definitely be something useful in future.


Always learn from your mistakes and newbies are that’s why getting panicking is most common in the and in start we also get panicked but when we learnt well about trading this emotions things gets off from me and there are some of people who didn’t face at loss in this field rest other survives through all the critical situations and after that now after gaining experience they are able to keep calm and hold their coins.
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November 14, 2017, 01:03:47 PM
 #283

Almost everyone sells panic every time the price goes down and this happens every day but if you are an investor who can predict the current market situation then surely you will buy at the cheapest price and resell at the highest price. This rate is very low and only for whales. My advice is to calm down and shut down your laptop for 30 minutes, then you will make the right decision
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November 14, 2017, 01:22:13 PM
 #284

half for long hodl
half for short term( just play it! Enjoy it)
No care no pain Lol
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November 14, 2017, 04:06:25 PM
 #285

First rule of business: never get emotions into business

Treat your trades without sentiments!!!

Emotions can prevent you from taking up other opportunities while you still mourn a loss

And try use stop losses too
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November 14, 2017, 04:09:02 PM
 #286

Almost everyone sells panic every time the price goes down and this happens every day but if you are an investor who can predict the current market situation then surely you will buy at the cheapest price and resell at the highest price. This rate is very low and only for whales. My advice is to calm down and shut down your laptop for 30 minutes, then you will make the right decision

The last line is quite funny "shut the laptop for 30minutes"...
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November 14, 2017, 10:44:45 PM
 #287

half for long hodl
half for short term( just play it! Enjoy it)
No care no pain Lol

this is another good strategy to implement. easy life. . . no unwanted emotional crisis. nice one
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November 15, 2017, 02:39:45 AM
 #288

Set a strategy before investing, Don't check the price frequently and believe in your coins. Those are my advice to you.

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November 15, 2017, 03:27:07 AM
 #289

emotional control? Trade demo so much to get the feeling and that will help you secure the real trade
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November 15, 2017, 06:27:28 AM
 #290

It's epically difficult to control fomo and other harmful emotions concerning trading. As for me, better way is to leave it for some time and do other work.
Same as me. I used to buy high sell low, not anymore. When the price go down, i just place buy order and turn off my computer. Dont worry about the price, it down then it must be up.

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November 15, 2017, 12:20:43 PM
 #291

I had invested into some altcoins when bitcoin were at 6000 dollars, and since those period almost all altcoins went down, i had resisted to cut my losses and i had hold it for a while, i had ignored altcoin value and follow bitcoin, since i knew altcoins would recover once price fall a bit. But i know is very hard to control emotion when you are playing with money and you are loosing as well winning, because our greedy make us take a risk we wouldnt take if were into similiar value into loss.
That's true we always fear about taking risk to get some lost for a while and did not patient enough to wait.
People only want to have a good winning without consider about how the feeling get a huge loss.
If there is a rewards , there is a risk . Everyone should completely aware about this when it comes to investment and trade.
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November 15, 2017, 01:35:00 PM
 #292

that is why others called trading a gambling because it is like that you gamble but if you have a lot of patience surely you will earn. just like a saying that patience is a virtue. just keep your coins at this moment and wait for the price to gone high before you sell it. don't be scared and be optimistic. 
The reason I see why people call trading gambling is because it is a gamble to them. They have refused to learn, they have refused to imbibe any trading skills and what they just do is to gamble their entry point and exit point without any single analysis. The truth is any trader that starts out like that is bound to fail. It is not all about patience.

As long as you know what you are doing, patience is always the last thing, because there are some times when that patience would not just help you and the decision you make is what would be important.

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November 15, 2017, 02:10:30 PM
 #293

some times you need to loss your coin, before you lost more. but before you cut lose you need to know about that coin and do some research about it, what makes that coin drop, why some people sell all their coin and something else, after that you can make a conclusion about what will you do? will you sell it or hold it

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November 15, 2017, 02:18:44 PM
 #294

Be patient.. inhale slowly and also exhale slowly
i ever feel that what you feel
lose big amount , very disappointed
i think its risk of trading.. you loss or you get profit
you must think smart to see chart trading which coin you buying.. thats key
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November 15, 2017, 02:49:36 PM
 #295

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Hello hridoyb i can feel your emotion about trading and i am lightly victim about this virus as well. whenever i take decision to do start trading than i was looser there due to my emotional steps. but i am overcome from there now a day...finally if i will success i will share with you.
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November 15, 2017, 04:23:37 PM
 #296

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Hello hridoyb i can feel your emotion about trading and i am lightly victim about this virus as well. whenever i take decision to do start trading than i was looser there due to my emotional steps. but i am overcome from there now a day...finally if i will success i will share with you.
Its good thing that you already overcome and learned from your mistakes with your previous trade. I hope you will be successful in your next trade and you will soon be a good trader.
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November 15, 2017, 06:01:34 PM
 #297

Im now in trauma  Cheesy. What I do is to leave trading for awhile and go out for gigs Cool.Best way to chill your mind and heart attack Cheesy

no matter for how long you stall - just keep remembering that PATIENCE is the key.
Patience is really a key for anyone who is holding for a long term cause at one point or the other, the market gets pumped except one is holding a shitcoin anyway.

It is something that is needed if one does not want to go through the stress of short or day trading which requires huge technical skills. Long term tend to hold down funds a lot and if the trader is comfortable with that, no matter the level of the dip, patience is just all that matters.
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November 15, 2017, 06:40:00 PM
 #298

sometimes losing can make you better.
I've experienced the same thing as you expect the price to go up. it actually went down, because not all of your predictions go according to plan.
try refreshing for a moment, buddy. Smiley
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November 15, 2017, 06:42:14 PM
 #299

sometimes losing can make you better.
I've experienced the same thing as you expect the price to go up. it actually went down, because not all of your predictions go according to plan.
try refreshing for a moment, buddy. Smiley

This is true, over time you will grow accustomed to loss and realise that it happens sometimes, then for you it will be much easier to accept. No one can be perfect and make the right decisions all the time.

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November 15, 2017, 07:22:23 PM
 #300

Before you set out for your trading , then you may have done your analysis both technical and fundamental. The next point will be drawing of trading plan where you must have a predetermined entry point and exit point based on the out come of your research and then establish your stop loss and take profit. Stick to this plan and do not revenge even if the trade went against you.
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November 15, 2017, 07:24:52 PM
 #301

I suggest setting target and plan before you start.
Then once you started, do what you hv planned regardless of what you feel at that moment.
Review your performance from time to time. Good luck!
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November 15, 2017, 07:42:37 PM
 #302

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

It is a matter of self-discipline and self-control If we do not apply this in doing trade no wonder that in the end we can wreck in our investment. Mostly, they've became controlled their emotions if the price value is dropping which is not suppose to be worry.
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November 16, 2017, 01:50:56 AM
 #303

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


it seems you are not trading but you invest all coin, trading it in a short time, so you can anticipate the risk of loss ,, in trading there is profit and there is a loss, to anticipate the loss, you have to think about what price you sell when the price drops , of course you experience a loss but not so great,
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November 16, 2017, 03:30:27 AM
 #304

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


it seems you are not trading but you invest all coin, trading it in a short time, so you can anticipate the risk of loss ,, in trading there is profit and there is a loss, to anticipate the loss, you have to think about what price you sell when the price drops , of course you experience a loss but not so great,
It's definitely like a gambling, you need to monitor the price constantly to make the right timing of buying or selling.
Since we are in the crypto world, the news and the speculation is also vital for our success because it's the basis for our decision making, it's easy to say that trading is profitable but we will be tested once we are already in the real situation.

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November 16, 2017, 05:50:05 AM
 #305

Once you invested in bitcoins or Alt coins, you have to be patient. There is a big chance that the price will rise in the future.
I don’t know about altcoins because they are most of the times a big disappoint for the investors but as far as bitcoin is concerned about staying patient, bitcoin is worth of it. This is the only coin which really pays the investors off for being patient and that too in large amounts. Bitcoin is the father of digital currencies in all regards and I am pretty sure that it is going to make more people rich who are still patient with it.

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November 16, 2017, 06:56:10 AM
 #306

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

before trading should know which market is good and what a good coin so do not go trading without reading the market if the price falls better patiently and wait do not emotion, refresh your mind, take a breath and calm
Yes this is problem with all of those who have started to tread with the altcoins. But please do not lose hope. The first step to be taken is that you should stop trading at once and do that sort of work which suits you best for recovering the loses via earning and has lesser risk. On the other hand, you must not sell your all of the coins as the price would definitely rise after the downfall of Btcs.
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November 16, 2017, 12:22:43 PM
 #307

Patience is the key for you to survive this situation about alts.they are so deep now.and bitcoin is so high.but what matters is we must realize that alts has time to explode to have high value.so just wait enjoy the crypto and dont be frustrated.
Yes you need to have patience but you also need to have the right mentality and control over your emotions. Yes it can be emotionally frustrating to see the price of the coin that you've invested drop but like what I said, you need to be emotionally strong and not get affected by these changes. You need to patient enough to see if it can still recover back or if you really have no choice but to accept your losses and sell it in that price.
It is not difficult at all for one to control his emotions .actually the thing that matters a lot is to have firm belief in the coins that you hold. This is because if you are worried about the stability or future, then you would wither stop trading at once during crucial times or sell your cons at low prices. Both of the situations lead to an early loss. Therefore at the beginner level one should use low valued coins for trading and hence move to the higher ones steadily so that he would not face stress situations.

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November 16, 2017, 12:40:04 PM
 #308

I guess experiencing a loss is normal and every trader had gone that. Just keep in your mind that before you can earn more you should learn first, it's a part of the learning process. And when you already feel down, think and remember your main goal, focus on. And don't dwell on your loss, check and try to see another altcoin.
There is no trader that does not experience loss and even pro traders do. How they quickly manage that is what makes them pro. It is not every time analysis works and most times they will just decide to do whatever they feel like doing, which is why you should always have an exit point right from the start.

Emotion will never help and they will even worsen the situation making one to make bad decisions but as long as you are knowledgeable, you understand your style, and you know what you are investing, emotion should be the last thing.
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November 16, 2017, 02:19:05 PM
 #309

emotional control? Trade demo so much to get the feeling and that will help you secure the real trade

with all due respect, i disagree with this. There is always a big difference between a real account and demo account feeling. No matter how long you trade a demo account when you go live you will have a different mindset entirely.
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November 16, 2017, 05:36:14 PM
 #310

some times you need to loss your coin, before you lost more. but before you cut lose you need to know about that coin and do some research about it, what makes that coin drop, why some people sell all their coin and something else, after that you can make a conclusion about what will you do? will you sell it or hold it
Yeah it is the most right time to invest the money and the profit will be high if you will buy the bitcoin and the investment. It will give a lot of the people the best return and the income of the bitcoin will help a lot of the money. Everyone lose the emotion when they look at the high demand and the huge profit of the bitcoin, the price is high and it is the main reason of high price and the best investment in the bitcoin.
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November 18, 2017, 02:52:54 PM
 #311

make list of rules, write them down, put then in front of monitor.
every time you trade, read those rules before you make any decision.
every time you make a decision because of your emotion and you failed, write that mistake on same paper.

Agreed. That's basically what I had to do. Come up with your own rules and stick to them and you'll sleep much better at night, even on bad trades.
Exactly! The thing is it is natural phenomenon that you get worried at the time when you suffer some loss and you get panic. The best practice which can help you in remaining patient even in tough conditions is to make yourself understand this thing that there is nothing fruitful which you’ll be getting in return if you will lose control over your emotions. In fact, you are going to lose what all you are having by doing so.
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November 18, 2017, 03:55:35 PM
 #312

make list of rules, write them down, put then in front of monitor.
every time you trade, read those rules before you make any decision.
every time you make a decision because of your emotion and you failed, write that mistake on same paper.

Agreed. That's basically what I had to do. Come up with your own rules and stick to them and you'll sleep much better at night, even on bad trades.
Exactly! The thing is it is natural phenomenon that you get worried at the time when you suffer some loss and you get panic. The best practice which can help you in remaining patient even in tough conditions is to make yourself understand this thing that there is nothing fruitful which you’ll be getting in return if you will lose control over your emotions. In fact, you are going to lose what all you are having by doing so.
Yup. It is difficult to control emotions when trading because we will have a bad feeling every time the price drops and I think people should have a good plan every trading and should stop thinking when prices fall.

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November 18, 2017, 04:00:31 PM
 #313

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Hello hridoyb i can feel your emotion about trading and i am lightly victim about this virus as well. whenever i take decision to do start trading than i was looser there due to my emotional steps. but i am overcome from there now a day...finally if i will success i will share with you.
Its good thing that you already overcome and learned from your mistakes with your previous trade. I hope you will be successful in your next trade and you will soon be a good trader.
having overcome and being learned with some mistake that you have done for with your previous action may help on you to become a good trader because you experience for it that for the next time that you can face again that situation you will know for what you should and must gonna do , and for that you cant even know that you can now control your fear and emotion while in trading.

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November 18, 2017, 04:49:06 PM
 #314

Before you make decision, you should ask some expert in this forum. They will help you. Don't panic sell

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November 18, 2017, 04:51:19 PM
 #315

if it is a question of trading
then everything is simple
you either do short trades
or a transaction

and if long then exhibit a stop-loss order
and be calm
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November 18, 2017, 05:25:58 PM
 #316

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I am sure that you have also trouble in controlling emotion like me! There is a time that I lose my money on trading because I can't control my emotion. My advise to you is to stay positive all the time for you to control your emotion.
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November 18, 2017, 05:31:43 PM
 #317

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I am sure that you have also trouble in controlling emotion like me! There is a time that I lose my money on trading because I can't control my emotion. My advise to you is to stay positive all the time for you to control your emotion.
and also make your self calm while on trading this is more better , being think in a positive way and also you are not easily panic if the price goes down at first it is hard to control but if you may see some of your looses it will help you to think know for the best thing to do.
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November 19, 2017, 08:09:44 AM
 #318

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
at first you ask about emotion,and now your mind.its a teo different thing..

But it seems like your doing good because the alta is still on hold.so my advice is just hold on the coin.have faith on alta.this may took another long but im pretty sure that alta can recover.i have friends that holding alta too
Lol 😂 I saw that too, was like how could he ask how to control emotions on subject and now talks a different thing by asking how to control his mind and altcoins. If you’re looking for a way to control your emotions when you encounter a loss in trading is simple, all you just have to do is accept the fact that it’s trading and everyone is entitled to loss. I believe that can help you.
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November 19, 2017, 08:12:42 AM
 #319

Go to vacations, have a life, that's the best way to support the famous gange

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November 19, 2017, 08:17:00 AM
 #320

I am still learning how to control my emotions if trading, because I still can not control my emotions so I often misstep in making a decision to sell or buy, because only a few months I learned to trade in the market.
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November 19, 2017, 08:44:15 AM
 #321

Trading is a risk. Just calm down.  Just keep in mind that " Mistakes is part of learning process ".
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November 19, 2017, 01:20:43 PM
 #322

Just stay holding. You have to truat your coins. Stop creating negative thoughts rather think about positive future of that coin. Face the reality of dump and pump. Always take it easy and never think about selling it rather think to sell it in a very high price.
So sorry to burst your bubbles bro, but this does not work for all coins. Yes, being emotional is what anyone need when it comes to either HODLing or trading as you have to be ready to make any decision that is best for you and the best way comes from a lot of research on what you are holding.

Surely, I understand that there are some coins that you do not need to be negative about, since you understand the risk and you know at some point, they will definitely rise. But in normal trading, there are some coins you should not even be comfortable to hold for too long before you end up regretting it.
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November 19, 2017, 01:33:43 PM
 #323

I am still learning how to control my emotions if trading, because I still can not control my emotions so I often misstep in making a decision to sell or buy, because only a few months I learned to trade in the market.

It's hard in trading, you get so excited during pump and dump times, and you open unnecessary positions on the exchaners. Then you start losing, and then you start getting panicked by the loss. At the end, you totally get out of control.

I can't control my emotions.
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November 19, 2017, 02:11:15 PM
 #324

how you control emotion? simple you wait until pump again and sell , and be patiece all the time and accept defeat thats life sometimes win sometimes loss.
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November 19, 2017, 02:20:32 PM
 #325

Go to vacations, have a life, that's the best way to support the famous gange

I love vacations and if someone can't afford to go on a vacation since he was burnt out with trading. He just have to stay away from his computer, uninstall all of his app on his IOS or android that's about trading, market analysis and especially the chart. This will help you to chill out for a while but it's hard to guarantee that you'll flee from it.



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November 19, 2017, 02:22:43 PM
 #326

I control my emotion by see original life struggle..
life is so hard..
here no place of emotion
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November 19, 2017, 02:34:41 PM
 #327

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Dont look! thats the best way, stop looking at price action, lock your coins away and come back in 3 years.
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November 19, 2017, 02:37:46 PM
 #328

There should be a fear of losing your money. For the most part its impossible to truly value bitcoin so its hard to have the confidence you might if you were investing in a company or some bonds.

If you are a long-term investor it's easy to control your emotions, just don't check the value of your holdings every day.

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November 19, 2017, 02:52:36 PM
 #329

If you want to control your emotion then you should know what are the things that you want to reach in the future and that will give you motivation to make a plan for the future and you will be focusing on those plans that you will be made and that is how you can control your emotion because you know what you want and you know what you need to do.

R


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November 19, 2017, 03:04:34 PM
 #330

There is no other way than training. If you see a coin go down your mind is not stable anymore, turn off the computer and go out and enjoy something. You can use the stop loss command to avoid losing your account too much.

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November 19, 2017, 03:21:48 PM
 #331

This is the one factor that affects our trading skill, our emotion, to control it, just try to avoid talking yourself that it a good time now to sell or buy it, habe some research on that one to gather some information so that our emotions will control to hold or sell.
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November 20, 2017, 01:44:33 PM
 #332

This is the one factor that affects our trading skill, our emotion, to control it, just try to avoid talking yourself that it a good time now to sell or buy it, habe some research on that one to gather some information so that our emotions will control to hold or sell.

Or have a specific target and stick to it. I've had many experiences when profit turned into loss because i didn't have a target and waited for what i thought would be the peak price. The dump then would come suddenly and fast so my profit would crash while i'm too dumbstruck to react quickly

 
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November 20, 2017, 02:12:54 PM
 #333

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

My advice to you is to do some breathing exercises. I read an article somewhere in Facebook about how breathing exercises can help us control our emotions better. I tried it when I cried and it actually worked, so you should try it to. We often make drastic decisions when we are emotional, so we need to control it.

You can take a deep breath when you feel shocks or panic actions. But this only help you for temporarily. For a permanent solution, we need to solve this problem in our brains. It's not an easy task to control our emotions.

In altcoins trading, I do this on bittrex.
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November 20, 2017, 02:21:40 PM
 #334

for my emotion patience is the key and you have to practice it now that you are in trading. The more patience you have, the best you can control your emotions. Also, you have to be calm at all times and learn to not be easily affected by the results especially if you are going into longterm campaign
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November 20, 2017, 05:41:53 PM
 #335

To control your emotions, you will need to get a robot to do the trade for you. Many traders especially the newbie do lose money because of emotional control, when the price go against you, you need a strong emotional will to be able to be patients until you get back on track. Another way that you can keep your emotions on check during trading is to became an expert trading by developing your skills and knowledge on how coins market work.
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November 20, 2017, 05:56:53 PM
 #336

Emotions has really no place in work, business and especially trading. In trading you have to abide by your set strategy and do not panic if things are not going your way. Approach it mechanically, you act according to a set instruction and you will profit more if you do so than if you follow you emotion and sell when you are panicking. Oh and by the way, when everybody is panicking and selling that should be the time you are buying. Use the emotion of other traders.
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November 20, 2017, 06:00:54 PM
 #337

I'm having same issues nowadays. It is hard for me not to track my portfolio for price changes.
Just relax and stick to the plan you had when you started.

I do have some issues controlling myself sometimes but it is better to be patient and let time tell which have been a good decision.

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November 21, 2017, 07:24:44 AM
 #338

It's epically difficult to control fomo and other harmful emotions concerning trading. As for me, better way is to leave it for some time and do other work.
Yeah! The best way of diverting your mind form losses is to get involved into other activities. The depression can be released in so many ways nowadays. There are many gadgets and activates rather exercises which are there for the sole reason of releasing depression. So may go for outdoor games such as basketball and skipping. Bitcoin is the best coin which is never going to put you into panic.
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November 21, 2017, 07:49:36 AM
 #339

Before jump in to trading altcoin, you should be have good trading plan and risk management because like we know volatilty and fluktuasion of crypto is so high.  Before trade you have to specify and decide how much % for take profit and how much % for stop loss, for example stop loss area 15% and take profit 30%,and  when the price reached this price level, open potition should be done. And other thing to control emotion is dont over trading but keep focus to analysis the market.

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November 21, 2017, 08:02:20 AM
 #340

There are no sure bets in the world of investing; there is risk in everything. So be prepared for the ups and downs.

You have to be patient and wait for increased value of your coins. Everything will be all right at the end.....
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November 21, 2017, 08:12:32 AM
 #341

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.
great advise, it's always better to prepare for the worst out of every venture and that's why risk assessment is very important before starting any business/trading
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November 21, 2017, 08:36:55 AM
 #342

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

It is normal thing in trading, when we bought some coins then suddenly the price down. But it is happen because now bitcoin's price is going to up. So only buy altcoin when you have information, and secondly don't be greedy. But I aware you, if you sell your coins now then may be you have some lose, but if you could hold them then may be in future you could earn profit from them.

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November 21, 2017, 10:11:14 AM
 #343

You should try to invest to other coins other than what you have invested. There are coins which has a higher potential than the others. You should look into the brighter side that even if you lose, you are going to gain from the other. Another thing is that, you should not invest that much in one investment only, take the risk into another.
In trading there is always fluctuations in the market as there is ups and down in the market.I think it is a routine matter and one should be mentally strong enough to handle the pressure of the market.You should learn to be calm during fluctuations in the market , Specially when the prices are coming down.It is also included in the basics of trading to be learnt very soon to get profit from your investment.You should be patient.
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November 22, 2017, 10:09:30 AM
 #344

Controlling your emotion can be best achieved by building enough Emotional  Intelligence (EI) . This helps you to acquire sufficient emotional shock absorber before going into trading, bearing in the profit and loss part of the trade.
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November 22, 2017, 10:21:44 AM
 #345

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.
You cant use a stop loss order in an illiquid market though, so dont trade those unless your VERY confident about the coin.

60659 📦
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November 22, 2017, 10:40:28 AM
 #346

To control emotion dont over trading, and buy 2-5 altcoin only, so we not confused to handle it. And before buy some altcoin, should be have good money management first, and just choose some altcoin with good fundamental only so when we wrong , the price still possible to going up.

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November 22, 2017, 01:24:18 PM
 #347

Yes do the control emotion is very important in trading. It often happens that coins and sags you don't maintain and close a position in minus and minus are good in another project but I think there is a shot there is a lull and the project from which it came starts to grow well. Often repeat to yourself the words of Buffett on the market, the winner is not active and patient.
And we need to never forget to put stop losses. Better to lose 10% of Chen for a year to go minus 90%

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November 22, 2017, 01:37:08 PM
 #348

You need to control your emotions when you in trading it can be due to maturity if your money loosing down dont loose hope there is a progress for your investment soon,waiting patiently and controlling your emotions to build up yourself.This is the very important attitude in trading we cannot say what happens so we need to be ready in every situation we do.
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November 22, 2017, 02:04:53 PM
 #349

Controlling emotions is tantamount to patience, in all efforts it must take patience and from that patience we will reap success

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November 22, 2017, 02:42:07 PM
 #350

When the price goes down, all you need to do is stay calm, patient and wait until the price goes up again. It will be time to go up and there will be a down time. Do not you feel panicked and immediately sell it, it is a loss. You should always remember that, if you sell it when it goes down then you lose.
 
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November 22, 2017, 03:16:15 PM
 #351

Have the same difficulties with emotion control. I lost around 10 thousand of $ buying put and call options. Even when i was totally sure in price predictions and my strategy show signals, emotions broke all the results. You know, something switched in the mind and just forgot about previous goals and strategy.
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November 22, 2017, 03:43:52 PM
 #352

We must have a trading plan and how to minimize the risk due to high crypto fluctuations. We must determine how many% of the profit we want and how much% must cut lose. And the most important thing is patience
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November 22, 2017, 03:49:31 PM
 #353

Like Kostolany always said: Just go fishing if you are nervous ^^
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November 22, 2017, 05:23:11 PM
 #354

How to control your emotions?
Trade the amount that you are ready to lose. Got that kind of experience too. i think trading is like sports betting - sometimes you lose - sometimes not.

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November 23, 2017, 12:42:10 PM
 #355

Controlling your emotion can be best achieved by building enough Emotional  Intelligence (EI) . This helps you to acquire sufficient emotional shock absorber before going into trading, bearing in the profit and loss part of the trade.
It’s just like when someone pisses you out and you’re feeling like beating the hell out of them, but instead controls yourself lol, I’m just giving an example. It’s not quite easy to control your emotions, you need a lot of practice which will take you sometime to become perfect in it.

But it’s always hard especially when the amount lost is a huge one, but just accept it, cause whatever happened has happened and you can’t reverse it back.
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November 24, 2017, 06:28:55 AM
 #356

I had invested into some altcoins when bitcoin were at 6000 dollars, and since those period almost all altcoins went down, i had resisted to cut my losses and i had hold it for a while, i had ignored altcoin value and follow bitcoin, since i knew altcoins would recover once price fall a bit. But i know is very hard to control emotion when you are playing with money and you are loosing as well winning, because our greedy make us take a risk we wouldnt take if were into similiar value into loss.
Depending on the coin one is holding, it is really hard to control some emotions but it is always best to know the best decisions to make because that is what matters.

My decision was totally different from the one you made and obviously better. After studying the market and I noticed there is going to be a huge dump at the long run since it was expected, I sold at loss and waited for a very long moment for the dumps to reduce and then I bought again.

Now, I am counting my huge profits than the few losses I made and still expecting even more from the pumps. It is always good to have a strategy which would always help you to make the right decision than being emotional.
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November 24, 2017, 07:20:29 AM
 #357

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Controlling our emotion is a step by step process. One can never immediately control his or her own emotion within a short period of time. Particularly if the environment or people that surrounds that person is not healthy. So, to control it better start from simple things such as watching movies, try to control your emotions about what you feel during the movie.
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November 24, 2017, 07:38:08 AM
 #358

Trading is a pleasant and fascinating occupation. The main thing is to choose the right antidepressants.  Grin Grin Grin

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November 27, 2017, 11:17:56 AM
 #359

How to control your emotions?
Trade the amount that you are ready to lose. Got that kind of experience too. i think trading is like sports betting - sometimes you lose - sometimes not.
It is a nice suggestion. Well everyone has his own way of relaxing but the best is to take a break and totally divert ones attention. This will not only refresh the mind but the mood also. Whenever I get nervous, I listen to music and just focus on that. It works every time.  Other than this we must do exercise, yoga or some sort of meditation to keep our brain calm under all situations.
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November 27, 2017, 11:22:16 AM
 #360

Trading is a pleasant and fascinating occupation. The main thing is to choose the right antidepressants.  Grin Grin Grin

Always trade with your skills and not by luck because trading really needs a lot of work for you to succeed. Don't fear about the risk because trading is already risk, don't trade with your emotion that can make your money gone always be optimistic and trade with confident.
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November 27, 2017, 11:24:40 AM
 #361

All trader put their emotions in trading just for laughable reasons. You should not trade when you are angry and limit your gaze to the graph.
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November 27, 2017, 11:29:39 AM
 #362

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Invest only to cryptos you believe in, and be ready to wait for long long time until you see their price go higher than you bough them.

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November 27, 2017, 11:58:07 AM
 #363

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Invest only to cryptos you believe in, and be ready to wait for long long time until you see their price go higher than you bough them.
Well, that is one case that is applicable to only HODLers and not to regular traders. It is the best way to discard emotions when holding for a long term anyway as you are less bothered about the present price, the charts or whatever is coming when you know that what is holding is never going to fail you, you believe in the project or the coin and you are ready to go all the way to support it while understanding the risks involved as well.
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November 27, 2017, 05:46:02 PM
 #364

Trading is also a mind game you should be wiser, avoid checking coins during dumps because it will affect you emotionally  and mentally. Just hold and wait else you might end up loosing your money because you are over powered by your emotion.
The way most people have been able to conquer moments like this is to avoid looking at the charts. As long as what you are holding is a good coin, there is really nothing to worry about and the coin will definitely come back speeding to the moon after a while.

The only difference is that you cannot have it all most especially for altcoins, which is why most people just prefer to stick with bitcoin and only make use of the huge dips to buy a lot of altcoins.
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November 27, 2017, 11:11:51 PM
 #365

All trader put their emotions in trading just for laughable reasons. You should not trade when you are angry and limit your gaze to the graph.
Being weak emotionally will surely lead us to failure, we are trading based on our analysis and we use our mind to analyze but when we are too emotional our mind would be useless as it will never gonna function. This is a game of minds, that is why we will always educate ourselves to ensure we are updated and the information that we know could be our basis to make a timely action in trading for our favor.

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November 27, 2017, 11:22:52 PM
 #366

All trader put their emotions in trading just for laughable reasons. You should not trade when you are angry and limit your gaze to the graph.
Trading is really hard, because the market predictions were not that easy as people believe. It is good to understand the market of the particular asset that we have in our wallet. Here surely control loss happens when we're are very new to the cryptocurrency trading and this mentality changes when we learn as well gain more experience in trading.
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November 28, 2017, 04:01:48 AM
 #367

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Only invest the amount that you are ready to lose, it will halp you to control your emotion. The bigger capital you use fir trading the bigger fearness you will get. You can also invest you money in ICO to get profit.

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November 28, 2017, 05:01:29 AM
 #368

Just hold your alt coins because even btc went down some time, it may happen that in few days alt coin's value increase and you earn a good profit.

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November 28, 2017, 08:05:59 AM
 #369

When the price goes down, all you need to do is stay calm, patient and wait until the price goes up again. It will be time to go up and there will be a down time. Do not you feel panicked and immediately sell it, it is a loss. You should always remember that, if you sell it when it goes down then you lose.
 

Indeed, patience is the back bone of the successful trader because digital currencies are all the time increasing or decreasing in value and you need to be really damn patient when your coin is decreasing in value than going for panic selling.

I am also not in favor of losing control easily especially when the coin you’re dealing with is bitcoin but if still you cannot manage your emotion, simply go for holding coins than trading with them.
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November 28, 2017, 08:10:03 AM
 #370

I think you should figure out your own way to calm you down when you're in the bad emotions. Doing something you like instead of keep doing things that made you angry.
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November 28, 2017, 08:27:02 AM
 #371

Use stop lost . I can't control your emotion.

Good idea to use stop loss as other option to control emotion.
I know its difficult to control but it does not mean that it can not controled.
The another good way also put your limit order (buy or sell) then check it through application like i did but not every time, just at least once a day.
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November 28, 2017, 10:14:18 AM
 #372

I had invested into some altcoins when bitcoin were at 6000 dollars, and since those period almost all altcoins went down, i had resisted to cut my losses and i had hold it for a while, i had ignored altcoin value and follow bitcoin, since i knew altcoins would recover once price fall a bit. But i know is very hard to control emotion when you are playing with money and you are loosing as well winning, because our greedy make us take a risk we wouldnt take if were into similiar value into loss.
Depending on the coin one is holding, it is really hard to control some emotions but it is always best to know the best decisions to make because that is what matters.

My decision was totally different from the one you made and obviously better. After studying the market and I noticed there is going to be a huge dump at the long run since it was expected, I sold at loss and waited for a very long moment for the dumps to reduce and then I bought again.

Now, I am counting my huge profits than the few losses I made and still expecting even more from the pumps. It is always good to have a strategy which would always help you to make the right decision than being emotional.
Agreed, In my opinion, controlling your emotions is just the game of your very own mind. You can do it and did is not a big deal actually.

The only thing which you need to do is to make yourself understand this thing that there is nothing fruitful which you will get in return if you are going to make decisions and that too at the when you are not having control over your emotions. This is the thing which you need to learn first before stepping into bitcoin.
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November 28, 2017, 10:45:06 AM
 #373

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Maybe it's better to hold the coins now, than you sell them and you get big losses, so my suggestion you focus with all that the coin notices, whether there is a possibility for the price to go back up or not.

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November 28, 2017, 11:36:06 AM
 #374

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

I think the best thing to do in a condition where a person feels emotional is to take a deep breath and count to 10 until the he or she calms down. In order to avoid doing drastic decisions, we must calm ourselves first. After, that you can always talk to someone about it and then it will feel way much better.
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November 28, 2017, 11:43:27 AM
 #375

Well, if you are not sure about this market and its terms and conditions you'd better stay aside. Otherwise, if you cannot sell your capital with profit, then try to look it in long-term perspective - someday you will probably gain profit. For instance, a friend of mine bought BTC for 900 USD and after that crypto got down to 250 USD. That was similar situation. Anyways, he decided just to go with it and keep that money in his purse. Now, he has x10 and is really OK with the situation, though it took him some 2+ years to wait.
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November 28, 2017, 11:50:29 AM
 #376

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
You must know yourself. You must know what is your heating point. We all know that trading is very complicated job. We can lose our money if we can't control our emotions. You should focus first to how will you improve your self when you are doing trading.

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November 28, 2017, 01:25:28 PM
 #377

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

There are two ways to handle that kind of situation. First, keep buying the coins that you have until you can get the average amount then sell it. And second, cut-loss, stop your losses and find another coin to trade to.
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November 28, 2017, 02:20:37 PM
 #378

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

There are two ways to handle that kind of situation. First, keep buying the coins that you have until you can get the average amount then sell it. And second, cut-loss, stop your losses and find another coin to trade to.
is only bittrex that support stop loss feature?
if i want to use to stop loss on yobit, would i stop it manually?
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November 28, 2017, 03:49:32 PM
 #379

You have to know that Trading is a big game. If you can't control your mind, you will lose all your money. Let practice every day and you can do it
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November 28, 2017, 09:36:54 PM
 #380

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Accept the consequence that investing has many risks. Especially when it comes to its return. May be you need more time to do some meditation. Dont overthink about that.mthere are many things to be happy

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November 29, 2017, 12:03:24 PM
 #381

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Accept the consequence that investing has many risks. Especially when it comes to its return. May be you need more time to do some meditation. Dont overthink about that.mthere are many things to be happy

And it's not the end of the world yet. Majority of alts are currently down right now because of bitcoin's bullish run. If you've bought some decent coins there i think you just have to wait. Don't panic and just hold on to those coins as they eventually will recover

 
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November 29, 2017, 12:49:50 PM
 #382

haha me too i can't control my emotion and stay calm if the price is down  or up so usually i sell or buy it too early that makes me regret at the end, i think the best method to control your emotions is try to let it go, haha its a hard part for you to let it go your money and receive a big loss

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November 29, 2017, 04:43:23 PM
 #383

That what happens in trading is part of game,its been month so does price between has rise or not ,or its just been degrading.If its degrading continuously there is no hope better to sell at whatever price you get but maybe it can go beyond the price you sold if in month there has been little rise but most probably its going to degrading so better sell them and get whatever you can get.

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November 29, 2017, 05:07:16 PM
 #384

You can actually control your emotion by trading with caution, don't invest all that you have. Bear in my that in the coin of success , its other side is failure .....
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November 29, 2017, 06:46:58 PM
 #385

Don`t think about it and just be patient and wait until 2018. Because a lot of altcoins have events and some of them will even start their business next year which is a good reason for price rise.
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November 29, 2017, 10:07:10 PM
 #386

Don`t think about it and just be patient and wait until 2018. Because a lot of altcoins have events and some of them will even start their business next year which is a good reason for price rise.
I think that all the price fluctuations in the market associated with the rush, after the big growth Bitcoin to date. Although I would say that not every altcoin today has improved its position. Many of those who fell below the plinth.
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November 29, 2017, 11:21:03 PM
 #387

Negative emotions bind us to recurring negative thoughts, creating cycles of downright negative patterns. Whenever you are confronted with an emotion which is making you feel or think something bad, force it out of your mind and replace it with a different thought. Imagine the ideal resolution to your problem playing out, think about someone who makes you happy or remember an event that makes you smile.
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November 30, 2017, 02:00:59 AM
 #388

Emotions has really no place in work, business and especially trading. In trading you have to abide by your set strategy and do not panic if things are not going your way. Approach it mechanically, you act according to a set instruction and you will profit more if you do so than if you follow you emotion and sell when you are panicking. Oh and by the way, when everybody is panicking and selling that should be the time you are buying. Use the emotion of other traders.
Emotion basicly can bother your good and positive thinking. In trading is recommended to release the emotion.
Emotion can make us put in wrong decision.
Comtrol emotion is very hard work. Maybe put stop loss can reduce the emotion.
Also dont stay over time in front of pc mean dont spend too much time for trading.
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December 01, 2017, 11:02:17 AM
 #389

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
You must know yourself. You must know what is your heating point. We all know that trading is very complicated job. We can lose our money if we can't control our emotions. You should focus first to how will you improve your self when you are doing trading.
I think when someone get extras profit so that time it’s very hard to control emotion and three months before when I sold my bitcoins so at that time I was expecting less profit and then when I got a profit so that was very big and believe me that time I was out of control and that’s was very hard to control my emotion so I will invite everyone to join bitcoin as soon as possible because you can change your life in a short time.
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December 01, 2017, 12:32:04 PM
 #390

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Emotional control in trade is one of the most important things, if you do not master your emotions, things can get worse. As for your problem, I think you should calm down to look at the situation, should not panic. To control emotions is not easy, but I have some tips for you. You should eliminate the feeling of losing your chance if you do not enter a certain order, there are still other opportunities waiting for you. Do not pay too much attention to profits or losses in the trade, it can affect your mind. Gradually remove the negative thoughts, be optimistic and confident in your ability. Hope this can help you Cheesy

Panic is the natural thing and this can be eliminated as the experience come and I have seen a lot of people who are very worried about their panicking and now they got enough experience in crypto field and this give them ease to earn a lot and also now they are well aware of market critics that when price drops people will start buying and this will a pump to prices and that’s a true thing so don’t get panic.

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December 01, 2017, 01:17:01 PM
 #391

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

I totally do not know on how would you control your emotions that is yourself not mine so the only one who can tell you how to control it is you. You just need to have a lot of self discipline and patience because in this business not everyday it is christmas there are some time that you will encounter some bad day loss of money and a lot more but despite of all of it we beed to be strong and think positive to lessen the bad vides and wrong decisions.
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December 01, 2017, 02:07:45 PM
 #392

No problem man! All of the traders are same to you. They have spent that feeling. Let calm down and start again.


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December 01, 2017, 02:31:59 PM
 #393

Yeah the advice above has all the tips you should take in consideration while getting involved in trading.
Trading in cryptocurrency always require patience because we know cryptocirrencies are rendering volatility.
In order to maintain profits, It is necessary to read and understand all aspects of trading before getting into it.
Before starting an investment with altcoin you will need to have a partial knowledge with the system of transaction of bitcoin or any other form of crypto-currency. Because dealing with altcoin is quite similar to dealing with trading to bitcoin as a part of your initial investment. But is true that it always need patient for you to have a better form of investments for you to earn more and for you to make the best decision aligned for your tradings, investments or transactions.
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December 01, 2017, 02:34:11 PM
 #394

Don't panic man just hold your coin and wait for the value to pump. Before you go to trading man know first what altcoin has the potential to grow in the future. So your investment will be paid off.

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December 01, 2017, 11:34:20 PM
 #395

Don't panic man just hold your coin and wait for the value to pump. Before you go to trading man know first what altcoin has the potential to grow in the future. So your investment will be paid off.
It is some thing natural and really difficult to have control over our emotions.

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December 01, 2017, 11:57:41 PM
Last edit: December 02, 2017, 12:13:14 AM by ArnoldChippy
 #396

Yeah the advice above has all the tips you should take in consideration while getting involved in trading.
Trading in cryptocurrency always require patience because we know cryptocirrencies are rendering volatility.
In order to maintain profits, It is necessary to read and understand all aspects of trading before getting into it.
Before starting an investment with altcoin you will need to have a partial knowledge with the system of transaction of bitcoin or any other form of crypto-currency. Because dealing with altcoin is quite similar to dealing with trading to bitcoin as a part of your initial investment. But is true that it always need patient for you to have a better form of investments for you to earn more and for you to make the best decision aligned for your tradings, investments or transactions.
That is too much important that we must have good knowledge about bitcoin trading. as without having good knowledge about where we are going to put our money, we can lose a lot of money. your personal trading experience is also too much important. There is always risk of losing money if you do not have any experience in trading and still you have invest your big amount of money there/

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December 02, 2017, 12:14:06 PM
 #397

Keep in your mind that each of traders, even the best one lose money sometimes. do not give up and go ahead with trading.
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December 02, 2017, 12:20:23 PM
 #398

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I often get it, I buy some altcoin and the price goes down and what I do is hold it until the price goes up. My friend said to buy altcoin you need information about altcoin you want to buy, especially new altcoin on ICOs.

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December 02, 2017, 12:52:51 PM
 #399

i suggest that u trade emotionless , completely logical like a smart robot
i know it is hard but if u want to get hurt less , forget emotions and feeling , trust on no one analysis , do it by urself!
use technical tools , reade books and read charts , be patioent and u should be good to earn some money! Cool

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December 02, 2017, 01:25:00 PM
 #400

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
I often get it, I buy some altcoin and the price goes down and what I do is hold it until the price goes up. My friend said to buy altcoin you need information about altcoin you want to buy, especially new altcoin on ICOs.
If you are buying an altcoin then you should make sure that it is good for both trading and investing because if you will get stuck in that coin then you should know how to have a lot of patience to hold it for the future. Trading and investing are almost the same and they only differ from the time period of holding the coin so if you want to be wise, only trade good coins.



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December 02, 2017, 01:26:15 PM
 #401

i suggest that u trade emotionless , completely logical like a smart robot
i know it is hard but if u want to get hurt less , forget emotions and feeling , trust on no one analysis , do it by urself!
use technical tools , reade books and read charts , be patioent and u should be good to earn some money! Cool

This is something that only professional traders can do. I know some of them doing forex trades and they never react to the market events emotionally. They're like super emotionles robots like you mentioned. I can't control my feelings in exchanges.
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December 02, 2017, 01:46:15 PM
 #402

i suggest that u trade emotionless , completely logical like a smart robot
i know it is hard but if u want to get hurt less , forget emotions and feeling , trust on no one analysis , do it by urself!
use technical tools , reade books and read charts , be patioent and u should be good to earn some money! Cool

This is something that only professional traders can do. I know some of them doing forex trades and they never react to the market events emotionally. They're like super emotionles robots like you mentioned. I can't control my feelings in exchanges.
Generally speaking, if you pay attention to the fact that people start to get out of their psychological balance due to financial losses, what emotions can be understood. I think that my reactions will be quite stormy, If I lose money.
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December 02, 2017, 02:17:35 PM
 #403

How to control your emotions?
Trade the amount that you are ready to lose. Got that kind of experience too. i think trading is like sports betting - sometimes you lose - sometimes not.
It is a nice suggestion. Well everyone has his own way of relaxing but the best is to take a break and totally divert ones attention. This will not only refresh the mind but the mood also. Whenever I get nervous, I listen to music and just focus on that. It works every time.  Other than this we must do exercise, yoga or some sort of meditation to keep our brain calm under all situations.
But it depends on the circumstances of the trading we are talking about. Most times, diverting your attention only when you know what is right to do but your emotion is just trying to get in the way is sure good. However, trying to not get emotional or divert your attention when you do not even have any idea of the right decision to take in the first place is what is bad.

Aside these, like you said, we always have to keep our brains calm and the only way to do that is to be sure of the decisions we are making based on our knowledge and stick to our strategies no matter what.
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December 02, 2017, 02:29:10 PM
 #404

i bet you are new in trading. you should buy in the first place a potential coins. i understand what you feel right now. though i have an advice to you but still it is all up to you for final decisions since i don't know how big your loss will be. if you think that the coins you are holding just keep on fallen then better be release it that to have nothing at all.
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December 04, 2017, 07:42:44 PM
 #405

i suggest that u trade emotionless , completely logical like a smart robot
i know it is hard but if u want to get hurt less , forget emotions and feeling , trust on no one analysis , do it by urself!
use technical tools , reade books and read charts , be patioent and u should be good to earn some money! Cool
The best way of controlling your emotions is to keep on controlling yourself in your daily life matters. Try to remain cool and calm no matter what the conditions are and juts try to relax. There is nothing profitable by getting panic and losing control over your emotions. If you do such sort of thing, then it certainly means that you are losing your own money with your own hands keep practicing this thing for better tomorrow.
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December 04, 2017, 08:24:40 PM
 #406

In order to be a good trader , controlling your emotions is a crucial thing , and to avoid frustration and depression ones you should always trade or invest with money that you can afford to loose , money that won't affect your daily life if lost because in trading you can get +50$ of profit each day or the other way around . Such cases of money loss and gain will be so frequent and you shouldn't let the loss take the best in you . So don't be temped and always know that loosing is as much probable as winning , play it safe and may the luck of the traders be with you .
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December 04, 2017, 08:31:58 PM
 #407

Same thing happens to me first time I sold all my investment with a 20% loss and after some days prices recovered. From that day I learned in order to get successful trader in crypto, we must hold in free fall and everything will come back to normal.
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December 04, 2017, 09:03:13 PM
 #408

i suggest that u trade emotionless , completely logical like a smart robot
i know it is hard but if u want to get hurt less , forget emotions and feeling , trust on no one analysis , do it by urself!
use technical tools , reade books and read charts , be patioent and u should be good to earn some money! Cool
The best way of controlling your emotions is to keep on controlling yourself in your daily life matters. Try to remain cool and calm no matter what the conditions are and juts try to relax. There is nothing profitable by getting panic and losing control over your emotions. If you do such sort of thing, then it certainly means that you are losing your own money with your own hands keep practicing this thing for better tomorrow.
I agree that you won't get any profit if you panic most of the time, because that's my experience so far and if we can't be strong I think that we will forever be worthless in managing our investments. Well, nobody is perfect in some cases like with the current situations of price fluctuations particularly those holding altcoins in parallel of bitcoin investments. In order to control our emotions we should stay focus on our goals and nevermind those speculations, because that's the possible reasons why we tend to be panic that results to early selling.
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December 04, 2017, 09:18:11 PM
 #409

Just use a stop loss to avoid the mother of all losses Cheesy
And you need a target to achieve when you trade, it could be daily target, weekly target etc.
Its really hard to control emotions on trading business but you can control your target Grin
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December 04, 2017, 11:56:54 PM
 #410

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Hold your breathe, click, buy.
Hold your breathe, click, sell.

It ll help to control
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December 05, 2017, 05:57:17 AM
 #411

Same thing happens to me first time I sold all my investment with a 20% loss and after some days prices recovered. From that day I learned in order to get successful trader in crypto, we must hold in free fall and everything will come back to normal.
That's the thing that we should learn, holding is the key to success but always be smart to set your own target, otherwise you will end with nothing. Holding is only good if you have an active income as well, never put all your investment for long term because it's very risky. Personally I am holding gup tokens and I am happy with the recent price pump, but this is not enough for me to decide to sell and take profit.

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December 05, 2017, 06:20:31 AM
 #412

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.
I agree with this though.
Its a nice advise especially for those who did trading in cryotocurrency
We really cant stop loosing money sometime,
But we can lessen it.
If we want to. Being wise is good but being economical is much better.
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December 05, 2017, 07:11:25 AM
 #413

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
It is true that many people can't control their emotions that leads to lose their money in trading. We can control our emotions if we are always calm. We should be always positive when we are doing trading.

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1BTC EQUALS 1CAR
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December 05, 2017, 08:41:53 AM
 #414

The first thing that you need to accept is losing. It's the common weakness of traders that either make them quit early or sell with more losses. Practice your mind and you will know that you can control your emotions if losses can't affect you anymore.
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December 05, 2017, 12:01:35 PM
 #415

The first thing that you need to accept is losing. It's the common weakness of traders that either make them quit early or sell with more losses. Practice your mind and you will know that you can control your emotions if losses can't affect you anymore.
Accepting loosing and knowing the risk that you are willing to take is very important for traders , it means that you should endorse what could happen whenever you put any amount of money at stake . You should forget about number and focus more on strategies , mind set and risk management .
If you're going to be uncomfortable with your losses , you should minimize either the number of trades or the amount dedicating to trading each day .
If you're trading with the same amount of money in each deal , you won't be really safe from losses and the risk will be higher to loose your funds , for example if your first 3  trades input was 500$ and you lost it , your 4th trade shouldn't be 500$ but should be at max the half , if you keep loosing then you lower the amount and so on .

Before doing any trade you should ask yourself are you prepared to accept whatever risk you'll encounter and to be ready for a 50-50 chance . If you're going to get frustrated after each loss then you'd better stop trading ! And go for another business that doesn't get you as emotional as trading does .
But if you practice enough in such way that losses don't affect you anymore , and only your sense and brain are controlling your behavior , then only you'll be able to make good money out of trading .
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December 05, 2017, 12:16:32 PM
 #416

The first thing that you need to accept is losing. It's the common weakness of traders that either make them quit early or sell with more losses. Practice your mind and you will know that you can control your emotions if losses can't affect you anymore.
Accepting loosing and knowing the risk that you are willing to take is very important for traders , it means that you should endorse what could happen whenever you put any amount of money at stake . You should forget about number and focus more on strategies , mind set and risk management .
If you're going to be uncomfortable with your losses , you should minimize either the number of trades or the amount dedicating to trading each day .
If you're trading with the same amount of money in each deal , you won't be really safe from losses and the risk will be higher to loose your funds , for example if your first 3  trades input was 500$ and you lost it , your 4th trade shouldn't be 500$ but should be at max the half , if you keep loosing then you lower the amount and so on .

Before doing any trade you should ask yourself are you prepared to accept whatever risk you'll encounter and to be ready for a 50-50 chance . If you're going to get frustrated after each loss then you'd better stop trading ! And go for another business that doesn't get you as emotional as trading does .
But if you practice enough in such way that losses don't affect you anymore , and only your sense and brain are controlling your behavior , then only you'll be able to make good money out of trading .


Uncontrolled emotions often leads  to negative result in whatever situation you are into. Trading needs a lot of strength and a whole lot of analytical skills and cleverness. It is a risky decision making thus too much emotions are not needed if you want to succeed. Openmindedness and positivity will be a great advantage.
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December 05, 2017, 12:18:51 PM
 #417

Praying before trading.
It may help you lots
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December 05, 2017, 01:00:38 PM
 #418

Let our self set our goal of what the value of coin we must sell. Dont be bothered of the current price. Dont panic just hodl. Because as you hold your coin think about that othwrs are holding too. This kind of strategy is proven and tested
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December 05, 2017, 01:13:50 PM
 #419

The volatility of the crypto market is so great that you should learn to calm down before all the worst situations can happen to your possessions. If you have researched your project already invested then you can make a quick decision.
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December 05, 2017, 04:03:39 PM
 #420

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


you must lose when starting trading  if can’t control stop trading.

must have two-three days away after lose after that read again why you lose , learn and move up
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December 06, 2017, 06:52:24 PM
 #421

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Controlling our emotion is a step by step process. One can never immediately control his or her own emotion within a short period of time. Particularly if the environment or people that surrounds that person is not healthy. So, to control it better start from simple things such as watching movies, try to control your emotions about what you feel during the movie.
The obvious truth is that there is nothing you can even do to control your emotions if you do not have any idea about how to trade. I remembered my first few days learning how to trade all by myself, they were days filled up with a whole lot of panic and it was bad.

I had no idea what to do and how to even make some decisions and I was always more or less like a FOMO until I understood how to trade and do it right.
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December 09, 2017, 05:21:45 AM
Last edit: April 19, 2018, 08:34:06 AM by jpoker272727
 #422

Stay focused and sharp. Don't take quickness and reacting without thinking to get you. Altcoins are variable and if you are well instructed then you must know that everything that falls down eventually gets up. Hold your "alts" until next big opportunity and suppress your emotions in this case. There is no room for emotions in investing. You only need the steady mind that is focused on that what you do at the given moment.
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December 09, 2017, 05:30:29 AM
 #423

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
If you want to control you emotion you must follow some strategy that is very simple at first you set you mind, you must daily trade only 10 time if you win a day 3-4 time you don't start trade on this day because you make a profit if you lose 1-4 trade you don't trade but if you 1 trade win and one lose again 1 win and 1 lose in this time you must trade only 10 trade, never trade more then 10 in a day.
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December 09, 2017, 06:06:55 AM
 #424

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
If you want to control you emotion you must follow some strategy that is very simple at first you set you mind, you must daily trade only 10 time if you win a day 3-4 time you don't start trade on this day because you make a profit if you lose 1-4 trade you don't trade but if you 1 trade win and one lose again 1 win and 1 lose in this time you must trade only 10 trade, never trade more then 10 in a day.
Very nice advice, simple mind setting will help traders to earn inside this activity, without doing it chances to stress your self may happen,
we really can't say when the ups or downs will occur, but as long as we have our own setup and strategy we will not be worried in anyhow
its always good to understand everything before starting to deal with trading.
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December 11, 2017, 12:13:50 PM
 #425

Write down big words: NOT BE GREEDY , NOT BE SCARED and always keep an eye on it while trading
Every smart trader will know the best time to sell, the best time to buy and the best time to HODL without getting emotional. It balls down on you knowing what you are doing; because without that, there is no way the person involved in the trade will never get emotional.

Emotion comes in when you are confused, and not sure if what you end up doing will be right or wrong but once you know how to analyze the situation of things and know you are making a good decision, emotion would be the last thing.
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December 11, 2017, 06:22:43 PM
 #426

For honestly , i'm really bad at controlling my emotions, looking for some treatment but it's not working all the time. Nothing can help me calm down Sad. I found some solutions in this thread but it's all not worked for me.
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December 15, 2017, 12:33:32 PM
 #427

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

In trading it takes patience and tranquility in emotions if you buy at a high price then the price down is normal, many people who experience it like you better calm down and be patient waiting until the price goes up again.
by preparing yourself ahead of time you'll find that the problematic emotion goes away before it interferes with your life select the situation emotion can have an important influence or physical health and it is critical to deal effectively with the feelings control whatever aspect of the stress that you can the ability to control my emotion and my regardless of circumstances sets me apart from other man learning to control your emotions includes creating an environment where you know that you can go to express those emotion safely knowing that you can give yourself.

Right,  patience is needed in trading coins but still holding emotions are sometimes hard especially if the price keeps going down.  What I do is just set my order whenever I trade.  I don't watch over the price so that I will not be displeased if the price  keeps going down.  I go back to the exchanger after an hour just to check if my order is processed. 

In trading,  if you are not able to control your emotion you will always end up selling your coins at lower prices and loss the opportunity or the chance on earning good profit.
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January 11, 2018, 01:03:17 PM
 #428

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

If you ever feel like this again. Step away from the computer. There is no point to subject yourself to unnecessary suffering.
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January 11, 2018, 01:35:49 PM
 #429

For me how to control emotion. Im going to analys about my emotion. And  and relax and mind set always and be patience.
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January 11, 2018, 01:46:51 PM
 #430

i suggest that u trade emotionless , completely logical like a smart robot
i know it is hard but if u want to get hurt less , forget emotions and feeling , trust on no one analysis , do it by urself!
use technical tools , reade books and read charts , be patioent and u should be good to earn some money! Cool

Anyone has the will to control their own emotions, just be serious at your goal in making profit with cryptos,  practice and exercise it everytime you make a trade and it would become your virtue. I agree with what you have said Smiley using technical tools and studying is a must

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