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Author Topic: Emotions can hinder our success!  (Read 3889 times)
Bunk67
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August 30, 2018, 06:25:25 AM
 #141

You are definitely right emotion has also affect me seeing delay in the rise and i was thinking that is the end of crypto i have to sell most of my coin at low price

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August 30, 2018, 06:57:45 AM
 #142

Yes i agree on it emotion was the big problem to hinder our success. We all know that emotion always affect our decision in every life. I always remember my mentor said to me that "don't make decision when you're mad or happy". I always calm my self before i decide in my because i believe that success is come in every right decision. I always advice to my fellow friends the best thing you can do to your life is to control your emotion because for me this is the powerful things in human life.
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August 30, 2018, 07:11:12 AM
 #143

This is 100% true, emotions should never be involved in this kind of business. When the prices of your tokens which you have invested a lot of money are down, don't be too angry or sad. Forget the past scam ICOs you have wasted time for and move on. Those emotions might keep you down and not work along.
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August 30, 2018, 07:26:45 AM
 #144

patience is the key to success. when we do business or invest, we must be careful and patient, not to suffer losses due to our own carelessness, especially if we invest in cryptocurrency with unpredictable prices.

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August 30, 2018, 07:39:55 AM
 #145

then we need to prevent using emotion although it is difficult because no matter the conditions in the market, our emotion will be there and it attracts us to do something related to the market. and sometimes, we can make a mistake because of our emotion and we can also become greed to see the profit. I agree that we need to control the emotion so we can see clearly the market and we can make a decision and finally, we can make a profit by selling the coins.

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Gromx
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August 30, 2018, 07:43:58 AM
 #146

Banning or approving an ETF will not be a 100% reason for a bullish rise or fall.This can only push the price in one direction or another.Need to wait for the fall-in the autumn the bears go into hibernation.)
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August 30, 2018, 07:46:15 AM
 #147

Why people are selling? Because they lost the faith in crypto or they do not understand what blockchain can give the world and how it helps it.
Remember: if you do not sell, you will not be in a loss Smiley.

AiloveYouks21
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August 30, 2018, 07:46:57 AM
 #148

We have a seen a huge dip in the market this past few days after the ETF delay. I've read an article in cointelegraph that people are just overreacting on the said delay (https://cointelegraph.com/news/pantera-capital-ceo-investors-overreacting-to-etf-delay-should-focus-on-bullish-news). Honestly, I do agree with the article, there are a lot good news right now for market to experience a dip.

I think we need to control our emotions when investment is involved, don't sell when you are in panic. Try to think carefully and think more than 7 times before you click or do a transaction. ETF delay is not a bad news for me. I think it is a way for people to do panic selling and those rich people will abuse the dip and buy all the cheap BTC and after that, the ETF will be approved.


Right now, the market is green again and I think many people regrets selling their coins at a low price.

This is just my opinion, how about yours?
Your opinions sound like people coming from the future with time machines, for now there is no guarantee that ETFs will be approved.
cryptoAB
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August 30, 2018, 07:53:37 AM
 #149

If someone want to make it big in crypto you have to kill your emotion by doing emotionless trading
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August 30, 2018, 08:08:07 AM
 #150

I agree with your statement, I have experienced panic and finally I sold everything then regretted. Maybe I need to learn to control emotions when the price goes down and learn all the events I have experienced.
GmBoom
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August 30, 2018, 08:35:03 AM
 #151

Get rid of your emotions, because your emotion can cloud your analytical thinking and could cause a wrong move in making exchanges due to FUD, panic sell, and etc. Best to set aside it, when you face or use exchange, make sure that you are 100% in your own mood.

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zhengqiurong2@163.com
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August 30, 2018, 08:39:05 AM
 #152

This is not the case. I think the ETF is maliciously shorting the cryptocurrency. This is their deliberate. The current US dollar is very important. They don't want to influence the dollar hegemony because of the growth of the cryptocurrency. Do you understand what I mean?
Akano
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August 30, 2018, 08:44:48 AM
 #153

Yes, you have said it all. ...emotions don't help in this kind of business. ..thats why before going into crypto, your mind must be made up and remain strong because of the high volatility in the market. It calls for correct thinking and less emotion.. . Crypto is not for the faint hearted
team87
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August 30, 2018, 08:45:41 AM
 #154

yes, delaying ETF is not bad news. the most important thing is as much as possible not to panic and to stay afloat with the current deteriorating market situation. be patient for some time to come, that's a brilliant idea. once again don't panic!
arigato!! Cool
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August 30, 2018, 08:47:42 AM
 #155

I think the market will continue to decline, but this has nothing to do with the ETF. Emotions are very important for trading. If you lose control, you will go bankrupt.
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August 30, 2018, 09:22:11 AM
 #156

based on my experience and that is why even though I see I have lost too much with the recent slump, I am not panic and not emotional. I know if I am emotional, I will lose everything more. therefore I remain calm and keep away from emotions.
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August 30, 2018, 10:34:17 AM
 #157

In trading crypto currency one need to erase emotions or stop emotion from taking full control because one can lose good money if you let emotion to dictate your actions
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August 30, 2018, 01:04:22 PM
 #158

This is true. Which is why we should learn to control our emotions especially in negative situations. If we allow ourselves to be affected by the things around us, we may not be able to make the right decisions which may lead to failure. Preparing ourselves from the beginning for any outcome will allow us to stay calm and think accordingly.

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August 30, 2018, 01:07:43 PM
 #159

Emotions are the enemy of the trader. If a trader sees a picture on the market and his thoughts are actualized, then it seems to me that these are the right thoughts that are made only without emotions. It seems to me that the trader should do this.
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August 30, 2018, 01:07:58 PM
 #160

when everyone is expect the market to behave in a particular way, it does the exact opposite, the herd mentality is not the way to go for the smart investor. ETF or no etf,make decisions that reflect your personal interpretation
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