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Author Topic: Leave emotions at home  (Read 1455 times)
milah_ah
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October 24, 2018, 05:14:32 PM
 #41

I think this is the right decision. I do not tolerate panic. Because it causes damage. I panicked and lost some of the coins. I believe that emotions will not lead me to success.
Adecrypt83
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October 24, 2018, 05:42:31 PM
 #42

A good professional surely knows that he must not take any decisions under the influence of emotion. Emotions must not be miss with works because it can create an avenue for a competitor to take advantage of you as will always see in a relationship.
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October 24, 2018, 05:45:16 PM
 #43

I find that it is particularly hard to dissociate away from your emotions because the crypto investments is all you think about but I do see your point and I do agree that we should make more of an effort on it.
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October 24, 2018, 05:48:51 PM
 #44

Yes, 100% agree with you, there is no place for emotion in the crypto market, in fact, emotion is useless in every sector in working life. So to be established and succeed in crypto business investor need to leave emotion at home otherwise emotion will bring a lot of losing.
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October 24, 2018, 05:56:57 PM
 #45

Emotions never help in business! Only a cold mind and calculation will help make money. Cryptocurrencies are a very stressful business and it is better to invest only free money in this market.

HadadC
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October 24, 2018, 05:57:50 PM
 #46

I didnt understand of meaning this post. This is virtual area , so why you are thinking like that. What kind of emotions are you talking about Cheesy

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Pearls Before Swine
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October 24, 2018, 06:10:56 PM
 #47

Most traders (especially new ones) don't realize emotions are their enemy and in particular fear and greed.  Those emotions drive traders to make stupid decisions that, upon reflection, are irrational.  As a result their trades aren't successful and they wind up losing money. 

A good trader buys low and sells high, and this should be obvious to anyone who has ever played the game of trading.  When you cannot control your emotions, you often times do the exact opposite...buying high and selling low.

I understand very well that it is difficult not to fly into a panic when prices are dropping like rocks, but such a reaction is precisely what a good trader avoids doing.  The same principle applies when prices are soaring.  The temptation to buy is overwhelming because you see so many other traders making money, but if that greed kicks in you might just be buying right at the top of the market like so many did when bitcoin was at $20,000.  Most of these simple mistakes could be avoided by keeping emotion out of trading altogether.  Unfortunately there seems to be only a select few that can actually pull it off.
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October 24, 2018, 06:14:00 PM
 #48

Sometimes when we are making investment and turns out that it is not good, or turns out that it is a little way off, we should not play by our emotions and make a backup plan and improvise possible move to withstand losses. Because emotions will never help you. In this system, cryptocurrency should not be played lightly by our emotions, instead proper decision with the presence of mind is needed.

There is no way emotions won't play in when you see people that went big on a project and end up losing more than 80% of their investment, what I always ask people before investing into any project is if they can afford to lose the money they want to invest, most people get carried away and think that the performance of A project would equate into B project

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kaspabha
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October 24, 2018, 06:30:31 PM
 #49

Crypto trading is not a easy thing. You should be a good analyser to predict the movements of price. Good knowledge and experience s needed. You should understand the risk and take necessary steps to minimize it. After having all these things, you should control your emotions. It is really important. Otherwise you can not be successful.
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October 24, 2018, 06:48:17 PM
 #50

We have an emotion when we see a market that is not good, let alone the coin we hold down is free and ready to dispose of it immediately. To ease emotions is a bit difficult and revenge for this trade requires logic. And all this can be regretted after seeing the market go back green. Learning to deal with self-emotions is needed, with patients in monitoring the market situation that is needed.
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October 24, 2018, 06:50:35 PM
 #51

In work should not be place emotions, should be calculating and cold-blooded the mind and mind. If your emotions are dominated by hell you will not succeed.

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October 24, 2018, 06:51:19 PM
 #52

I completely agree. If you plunge into the world of cryptography, then you should be prepared for the possibility of losses due to unprofessional decisions, but this is not a reason to succumb to emotions.
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October 24, 2018, 06:54:41 PM
 #53

i definitely agree with you. emotions has no space in trading specially in short trades. always remember to learn from your failures and mistakes and dont repeat the same mistake twice.

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October 24, 2018, 07:02:12 PM
 #54

it must be like that but there are many people who are not really ready to invest but still decide to invest and most of the problem is because of the lack of capital so when the situation is like this they cannot do a backup plan other than waiting, because if they force it to play with other coins they will experience a big loss because they must to sell coins they have at a cheaper price

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October 24, 2018, 07:28:55 PM
 #55

This does not mean you will end up suppressing your emotions totally. Having emotion is a natural thing. Trying to suppress it is unnatural. Trying to do something against the will of the mind, might not affect you in short term, but will have huge impact on the long run. If emotions are interrupting your investment, it is better to stay away from it because it is a clear sign that you are actually not ready mentally and not fully aware of the probable consequences.

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milani
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October 24, 2018, 07:40:17 PM
 #56

In work no emotions count. Work and emotions are there own place. When you mix emotions in your work, you are not success. You don't mix Emotions and relations in work, if you rise and earn money. If you are emotional your competitors take benefit from your emotions, so leave emotions at home..


Great words!!!))))) Completely agree with you. Lots of people mix things that ca not be combined, even if someone has a strong desire to mix some things of such kind, they hope to get the great result, but everything in vain. The result is the onliest - emotions are harmful for work and making decisions. Only if you are an actor it is needed to use your emotions in a perfect way. But the financial direction of our lives needs the real concentration, logical thoughts, hot mind and cool heart while making any decision.
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October 24, 2018, 07:43:51 PM
 #57

Absolutely exact truth that must be adhered to, because every trader or person who has at least some relation to the market will in any case analyze his behavior as he will lose his money if he does not learn to control his emotions.
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October 24, 2018, 07:46:40 PM
 #58

The first rule of every self-respecting and their money trader-keep your head cold. You can never trade on emotions. This 100% will result in losses.

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October 24, 2018, 07:48:06 PM
 #59

I think that it is a  good advice because you should be emotionless when trading, otherwise, you won't earn much if you lose patience for example. to my mind, it is better to be patient when doing business
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October 24, 2018, 07:53:44 PM
 #60

Nerves are not restored! Good emotions prolong life, and bad ones reduce! Try to make such investments, at the loss of which you will not suffer much, and with a good result, you will want to live further!

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