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Author Topic: Emotions can hinder our success!  (Read 3889 times)
annicketucufaw (OP)
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August 09, 2018, 11:44:19 PM
 #1

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?

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August 09, 2018, 11:49:25 PM
 #2

Honestly that's the truth
Emotions will hinder an even destroy our success if we allow it to get into our head
the best thing is to keep our emotions apart.
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August 09, 2018, 11:52:05 PM
 #3

Well it do happen over and over again. Panic is always there for people who just started and didnt really know the history of bitcoin.

Regrets wont make them money so they better do some work.
After that, stop looking at the price more frequently but rather let it be and do its job. Someday it will be in demand and that is what we should be looking forward to.
annicketucufaw (OP)
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August 09, 2018, 11:56:38 PM
 #4

Well it do happen over and over again. Panic is always there for people who just started and didnt really know the history of bitcoin.

Regrets wont make them money so they better do some work.
After that, stop looking at the price more frequently but rather let it be and do its job. Someday it will be in demand and that is what we should be looking forward to.

Before I always check the market from time to time and get depressed on what is happening especially on this bearish months. I believed that we will reach another all time high not just in the Q4 of 2018 or Q1 of 2019 but I was wrong. Even there are many ICOs right now requires BTC/ETH for investment, the demand is still not enough for the value to rise.

Do you think we are just going to experience bullish month every end of the year? I hope not.

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batang_bitcoin
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August 09, 2018, 11:57:57 PM
 #5

You're right, emotion shouldn't be include in investments like this where there's high volatility.

This is also base on my experience and that's why though I see I've lost too much with the recent dip, I didn't panicked. I saw my mistakes before when the same scenario happened, the highest profits are coming through the holders and it's just the same like the past years. And I've learned from those moves now.



 

 

 

 

 

 


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August 09, 2018, 11:59:14 PM
 #6

Panicking is not a good idea, yes this market is dumping but of course there’s a lot of room to recover. Our emotion is important and if you let your emotion takes over your decision expect some loses on your part, so keep focus on the target price you set and don’t panic whenever the market dumps, buy more instead.
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August 10, 2018, 12:40:37 AM
 #7

Better lock up your emotions when you are making your own investments. Better expect a major loss when investing rather than expecting good profit returns. Investing in cryptocurrency is like investing in gamble, you cant really see whats coming.

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August 10, 2018, 12:42:43 AM
 #8

Sometimes what we feel can really affects us to reach our goals because we feel disappointed whenever we see the price is falling down and it pushes us to sell immediately to avoid our lose but I think this is not a good idea,we need to be patient in everything inorder for us to succeed.








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August 10, 2018, 12:45:56 AM
 #9

I agree with you, panic selling on the dip just make loss much money. Crypto is not dead but this is the future that bring us to have financial freedom. Crypto downtrend just in short times but in the long term, this market will be huge market and the market cap will going to a trilliun dolar.

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August 10, 2018, 12:55:01 AM
 #10

Patience is the key to success, maybe we need to apply it here, because with patience, we can get maximum benefit, but patience also has to do a good chart analysis and eliminate greedy characteristics, the last point that is most difficult to control. Hopefully all of us can get more benefits
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August 10, 2018, 12:56:52 AM
 #11

emotions is a part from our psychology
so, you should try to control your emotions if you want become a successful trader or investor in cryptocurrencies


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August 10, 2018, 09:52:38 PM
 #12

I agree with you, we must be able to control our feelings when investing, don't panic to hear news that is not good or not good. we must be sure of ourselves and we must have data capital based on that belief so that we can relax and not panic.
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August 16, 2018, 08:34:03 AM
 #13

Emotions have to be turned off in crrypto at all, they can be the reason of your mistake and you will lose amount of money that could be invested in the more preferable way like alternative cryptocurrency. Be patient and do not listen your emotions, which are your rivals here only.
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August 16, 2018, 08:37:38 AM
 #14

Several times she gave vent to emotions, and then very sorry that selling coins because of panic . Now try to put very well to think before as that the to do : sell or buy
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August 16, 2018, 08:38:39 AM
 #15

of course, emotions affect everything, especially about success, calm is needed for an analysis especially in the crypto world is very full of analysis Cool
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August 16, 2018, 08:38:52 AM
 #16

Crowd psychology is often so. When many panicked, they would scare others. Recent market has reflected this mentality.  I am determined to hold and wait for the market to recover.
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August 16, 2018, 08:40:25 AM
 #17

Yes, agree with your point of view.
Emotions are a bad thing. If we bring in emotions while doing things, chances are that you will be completely bad. To control your emotions, you must analyze the market correctly. The right investment.
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August 16, 2018, 08:41:19 AM
 #18

Yes that's totally true because if you apply your emotions while you are investing or doing trading you will probably not comfortable and it can end up to selling your crypto asset if the price goes down. The best thing that we can do now while the market is still falling down is believe in the future of cryptocurrency.
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August 16, 2018, 08:46:38 AM
 #19

Yes, when encryption rises or falls, we usually have different emotions that affect our judgment, so we need to treat them calmly.
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August 16, 2018, 08:48:26 AM
 #20

Yes, I agree with the point you said. Many people have gone to a lot of money because they can't control their emotions. Therefore, we must be psychologically prepared when investing in this market, because the fluctuation of this market is Very big, we have to keep a good attitude.
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