SergiuDemerji (OP)
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Activity: 98
Merit: 12
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March 05, 2018, 07:19:04 PM |
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When the market is down, I notice that a lot of traders become emotional, hopeless, and they panic. All the bragging about about their "gains" and their portfolio to anyone will listen vanishes from their minds. They forget why they started in the first place and begin to doubt their investments, so they sell... often times at a loss. On the other hand, those who understand blockchain and the tech remain focused and care little about market swings. Most of the smartest people I know dont sit around refreshing blockfolio 500x a day.. They spend their time reading whitepapers, practicing diligence, and identifying innovation and innovators. Blockchain is NOT going anywhere. Just because the market is down doesn't mean that devs stop developing or that projects stop reaching their milestones. The technology that's been created *cannot* be undone. As long as you've positioned yourself with solid coins, the VALUE remains the same- even if prices are down. If you believed in it 3 months ago at ATH, and no fundamentals have changed, why are you afraid? This market is irrational, but we can mostly agree that dips like these are due to SPECULATION and MANIPULATION. If you feel EMOTIONAL when you're about to make a trade... don't do it! And if you can't stand the heat, you might need to consider getting out of the kitchen on the next run up. In the mean time, take some time to educate yourself about blockchain and decentralization if you haven't already
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ETCethereum
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March 05, 2018, 07:31:33 PM |
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if market down iam not emotional iam still hold long term my coin
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beskid
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March 05, 2018, 07:39:35 PM |
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Perhaps you mean ordinary people who bought some kind of crypto currency and are now in a panic? Traders who have at least some experience, most likely did not even think of panicking. There's a cold mind-this is the main weapon of the trader.
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iljamlnk
Jr. Member
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Activity: 406
Merit: 3
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March 05, 2018, 08:33:52 PM |
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Perhaps you mean ordinary people who bought some kind of crypto currency and are now in a panic? Traders who have at least some experience, most likely did not even think of panicking. There's a cold mind-this is the main weapon of the trader.
Completely agree with you a good trader never panics. I'm still a novice trader do not have large assets, so a little worried, but I'm sure everything will be fine!
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kendra1107
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March 05, 2018, 10:37:52 PM |
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Not me! I prepared myself for things like this. Being emotional will not take us far in this kind of venture. Our brain and our heart should have been conditioned before jumping in this journey. This is the common mistake of many traders today. They join to invest with the purpose of earning huge (which is common) in their minds. But they fail to educate themselves that there are a lot of risks involved in this. And so, when the market crashes, they tend to cry and whine around the boards because they sold at a lost. Quite dramatic. But this is just plain stupidity. So we must always expect that things could go bad. This is one way that we can make ourselves firm in this type of situation.
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kirstiemorton23
Jr. Member
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Activity: 280
Merit: 1
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March 05, 2018, 10:45:57 PM |
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We already know that emotions and trading are related. When the coin market falls, the trader's emotions increase intensity. Especially when in a position of loss. Usually a loser trader wants revenge. So instead take a more aggressive position that can actually harm. Keep your head cool.
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carlfebz2
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March 05, 2018, 10:48:40 PM |
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When the market is down, I notice that a lot of traders become emotional, hopeless, and they panic. All the bragging about about their "gains" and their portfolio to anyone will listen vanishes from their minds. They forget why they started in the first place and begin to doubt their investments, so they sell... often times at a loss. On the other hand, those who understand blockchain and the tech remain focused and care little about market swings. Most of the smartest people I know dont sit around refreshing blockfolio 500x a day.. They spend their time reading whitepapers, practicing diligence, and identifying innovation and innovators. Blockchain is NOT going anywhere. Just because the market is down doesn't mean that devs stop developing or that projects stop reaching their milestones. The technology that's been created *cannot* be undone. As long as you've positioned yourself with solid coins, the VALUE remains the same- even if prices are down. If you believed in it 3 months ago at ATH, and no fundamentals have changed, why are you afraid? This market is irrational, but we can mostly agree that dips like these are due to SPECULATION and MANIPULATION. If you feel EMOTIONAL when you're about to make a trade... don't do it! And if you can't stand the heat, you might need to consider getting out of the kitchen on the next run up. In the mean time, take some time to educate yourself about blockchain and decentralization if you haven't already
When I'm still a newbie then I can consider myself as an emotional trader but now for how many years of experience then I'm completely "Numb" when it comes to price movements or volatility of this cryptocurrency market.For those new people who do just recently jumped in with this trend then they would definitely experience such feeling and emotion when they do saw red numbers to their investment but sooner or later they would even realized onto those mistakes that they have committed along the way.
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felipe04
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March 05, 2018, 11:16:13 PM |
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When the market is down, I notice that a lot of traders become emotional, hopeless, and they panic. All the bragging about about their "gains" and their portfolio to anyone will listen vanishes from their minds. They forget why they started in the first place and begin to doubt their investments, so they sell... often times at a loss. On the other hand, those who understand blockchain and the tech remain focused and care little about market swings. Most of the smartest people I know dont sit around refreshing blockfolio 500x a day.. They spend their time reading whitepapers, practicing diligence, and identifying innovation and innovators. Blockchain is NOT going anywhere. Just because the market is down doesn't mean that devs stop developing or that projects stop reaching their milestones. The technology that's been created *cannot* be undone. As long as you've positioned yourself with solid coins, the VALUE remains the same- even if prices are down. If you believed in it 3 months ago at ATH, and no fundamentals have changed, why are you afraid? This market is irrational, but we can mostly agree that dips like these are due to SPECULATION and MANIPULATION. If you feel EMOTIONAL when you're about to make a trade... don't do it! And if you can't stand the heat, you might need to consider getting out of the kitchen on the next run up. In the mean time, take some time to educate yourself about blockchain and decentralization if you haven't already
your in crypto world that have volatile so it's risky Actually emotion here is not need because nothing gonna in that like if you scared or fear to do investing of course you can earn or lose here that's trading so just accept it already I see different post and different users cry because they lose but they lose because they risk already big here without information and if they have i think they do it already without monitoring it so i say before you do move here like in investing here just study it first then do the actual because you already know I think they lose in new coins and tokens too so that's bad move for me because the developer don't have enough experience yet not like the developer of btc and eth so of course the price or value still growing so that's good for investing
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ahmed
Newbie
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Activity: 168
Merit: 0
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March 06, 2018, 03:14:33 AM |
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all the market will surely go up and down, when it goes down we have to buy when it rises when we sell. when we do buy and sell we should calm down do not panic.
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jashley
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Activity: 280
Merit: 10
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March 06, 2018, 04:31:05 AM |
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Yes ofcourse it is normal because we had feelings. But through things we've experienced for the time like this we've became immune on the situation and those things like when market is down became normal to us. That's why we chill and continue to trade, you will learn this things also just take your time and don't rush it.
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SuperP
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March 11, 2018, 10:40:55 PM |
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I was emotional, shocked and did wrong steps which was fatal for me. But it was a great experience , and now i understand and accept some loses , and i can calmly accept -30-50% of my deposit
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samcrypto
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Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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March 11, 2018, 10:45:55 PM |
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I’m not much affected since my holdings is not that high but to those who loss big during market dump for me its normal to feel like that but don’t make a decision base on your emotion. As a trader you must know how to control emotions to preven any losses.
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jakelyson
Legendary
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Activity: 2226
Merit: 1069
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March 11, 2018, 10:50:57 PM |
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Real traders do not put their emotions in the game. It is in fact should always be technical and any kind of emotion will throw your game. Only those wanna be traders panic every time the market is bear. Whether the market is down or up, a real trader will find opportunities to make money.
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JuliaJi
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March 11, 2018, 11:02:33 PM |
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all traders have the same questions, 1 - whats going on 2 - when will be good)) also they have an answers like 1 - winter correction 2 - bad news+China new year But what is true??
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Todychopper77
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April 09, 2018, 02:17:52 PM |
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I kept him to the market really stable, because I am sure market will not always decreased, see now market start stable
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permadi
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April 09, 2018, 02:31:56 PM |
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Perhaps you mean traders are newcomers, for professional traders there is no problem with the price drop, they always have the assessment strategy and profit from their assets daily, traders who are already professionals clearly understand when appropriate to sell or buy assets. In contrast to the trader who only see from price reductions, there is an opportunity in the increase or decrease in the price of
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despondency
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Activity: 560
Merit: 103
quarkchain.io
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April 09, 2018, 02:57:20 PM |
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Perhaps you mean traders are newcomers, for professional traders there is no problem with the price drop, they always have the assessment strategy and profit from their assets daily, traders who are already professionals clearly understand when appropriate to sell or buy assets. In contrast to the trader who only see from price reductions, there is an opportunity in the increase or decrease in the price of
Personally, I do not consider myself a trader. I'm a hamster. Only a couple of percent of people who trade on the exchange are successful. But many are too proud to recognize the fact that they are bad traders.
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indiejeff
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Activity: 96
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April 15, 2018, 05:28:49 AM |
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for me bro if i see the market going down, i still hold my posture stay calm and have a positive thingking that cryptocurrency will rise again sooner, i do still believe that bitcoin will kick of high again and thats why i’m still here doing bounties, campaign and investing..
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josgandosbro
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https://imgur.com/cUCkVsv
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April 15, 2018, 06:51:51 AM |
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it is common and many find it like that, but if we are emotional and can't control ourselves it is feared to sell the assets we have so the act is not very good you should stay patient and wait because the market situation will improve over time
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xuan87
Legendary
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April 15, 2018, 09:14:22 AM |
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That is because the traders still a beginners, an experience traders know when to cutloss and when to save , a lot of people that bought BTC in peak, didn't had a clue about the market situation, so when it falls they panic and keep on hoping the market will back to bullish, but the market doesn't work that way, the pump in December was too high and when it corrected it will cause a huge downfall, and this time the bear market is quite long
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