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Author Topic: Emotions can hinder our success!  (Read 3889 times)
ShowOffoN
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September 04, 2018, 11:59:00 AM
 #201

I agree! Do not let your emotions get the better off you when trading on bitcoins or other cryptos for that matter. The fact that they are volatile obviously will have their drops and highs. The key is to play it in moderation and be patient. Wait for the right time before buying or selling.
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judeafante
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September 04, 2018, 12:02:47 PM
 #202

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?

Well I share your opinion but they have their own reasons to sell their coins, one of this is they have to pay their daily expenses or the loan they used for buying coins, but if you invest just your excess money, you have no problem at all holding your coins for an indefinite period of time.

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bajindul88
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September 04, 2018, 01:39:18 PM
 #203

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?
It's necessary to control emotions at this time regarding decisions about ETFs, but we also cannot prevent panic selling against some crypto holders because they also have different backgrounds with different goals as well. it's good for enthusiastic crypto to commemorate the surrounding people to make smart decisions
asilabumer
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September 04, 2018, 01:56:52 PM
 #204

Yes. Quite correctly say. Emotions should be absent in our business. Only dry calculation and pure mind. That's what will lead us to success.

I think we also need to have emotions in business because sometimes emotion is something very magical, it can lead us to success, instead of using the brain and calculating, it even helps us to get out of dangerous situations and to limit ourselves to the worst cases. Although sometimes it hinders us to succeed but we should still accept it and live it normally, eliminating it only makes us work like machines, lacking in deep emotions and intuition
handini
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September 05, 2018, 11:38:15 AM
 #205

On the cryptocurrency market makes the one in control of his emotions and knows how to wait. These are the main factors for success.
yes right, emotions will eliminate our success. if we are often emotional our body will not be controlled and the brain will not think positively. so all that is being faced is faced with emotion.
imgoinforbitcoin
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September 05, 2018, 06:54:48 PM
 #206

They really can, especially in a market this volatile where there is absolutely no way for anyone to tell what will be happening to the coins in the coming days. If you let your emotions dictate the way that you make your decisions then you are just going to end up making irrational decisions which will cause you to incur even more losses.
hovrah
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September 05, 2018, 07:01:08 PM
 #207

They really can, especially in a market this volatile where there is absolutely no way for anyone to tell what will be happening to the coins in the coming days. If you let your emotions dictate the way that you make your decisions then you are just going to end up making irrational decisions which will cause you to incur even more losses.
It seems to me that negative emotions always interfere with business. In any direction of human activity, the crypto currency or other business, it requires only common sense. To date, we must act as our professionalism tells us ..
ljp7839008
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September 05, 2018, 08:22:21 PM
 #208

Emotions let us down when making an important decision in trading! Emotions? Yes they spoil your strategy, forcing you to make false decisions! I think it's worth reading more psychology and thinking about trading strategy
Bonsaiav
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September 05, 2018, 08:56:22 PM
 #209

ETF delay is not a bad news for me.

I think it's better if bitcoin doesn't involve ETFs. Because, the development of bitcoin in the future certainly can run very well, naturally, without there being engineering and manipulated by big players. That way, public enthusiasm for bitcoin can be achieved again.

maro101
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September 05, 2018, 09:18:02 PM
 #210

Panic prevents you from correctly assessing the current situation on the market and for this reason many make mistakes in trading. You have to learn to control your emotions and this will lead you to success.
tolobua
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September 05, 2018, 11:06:46 PM
 #211

emotions will only hinder our success, yes that is true. this is very dangerous for us, when we cannot resist emotions and are too emotional it will damage everything. therefore we must be more calm in crypto.
ziggy21
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September 06, 2018, 01:56:00 AM
 #212

In truth emotions can actually be very bad than good when considering the chances for success in the crypto market because mostly people will decide to cut their losses and dump when the market is going down. The thing however is, the marks capitalization may actually come back up and when it does you would have missed out on potential gains. It is also important to know that some cryptocurrencies will not return to their peak, irrespective if the market conditions so be wise to know what to hold or sell.
xiaoxi10
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September 06, 2018, 02:02:05 AM
 #213

Yes, investing in the cryptocurrency market must maintain good emotions, as emotions may affect your judgment.
Choyor
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September 06, 2018, 02:12:20 AM
 #214

Yes, that often happens repeatedly, panic occurs when prices start to low so investors sell it to avoid greater losses. Keep looking at prices more often but it's better to leave them and do their job. One time will be needed and that's what we have to look forward to. be patient and stay calm and always be optimistic.
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September 06, 2018, 02:12:56 AM
 #215

Yes, investment in the encryption market must be kept calm.
jeruk nipis
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September 06, 2018, 02:33:52 AM
 #216

It is true, therefore the key to success in the crypto is patience. Because when we have properties can't wait let alone high emotions. then we will be easily affected. And this will make us into acting careless in crypto.
mh6e
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September 06, 2018, 02:40:27 AM
 #217

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.

Yes I agree specially panic that would lead to bad decision  and give up your token easily. In crypto we should be calm and patience that emotions are great factors to this business. If we let our emotions controlled so that we can think the right decision making when to sell or when to hold.
guffie
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September 06, 2018, 02:57:37 AM
 #218

Better do not emotion because if the emotions you cannot think properly. And this later makes you wrong in making decisions. Crypto trade must have patience and can create a strategy to get gains. When market conditions are down you have to be patient and keep the coins.
Bitcoinjheta
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September 06, 2018, 03:03:41 AM
 #219

I totally agree with that because when you make decisions when you are not in a good state of mind then you cannot come up with better output. Better relax and have some rest for a while and do not just decide by heart because emotions  oftentimes makes you vulnerable.
Macai
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September 07, 2018, 01:20:08 PM
 #220

Yes, many times if a person are drawn by their emotions they will likely fail. They are those who are very sensitive and negative ones. Those were the people who easily give up because they tend to base on their emotions. If they were frustrated ones, they will not continue instead of making it as an inspiration to move on.
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