Leave emotions at home

[vfrcbv911]

Yes, I fully agree with you. It is a simple truth that you need to trade guided only by knowledge and experience, discarding emotions. It is a pity that not everyone understands this.

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[Kiefner]

I can refer this advice only to the category of those people who trade on the stock exchange, because when investing in ICO, I think there is no difference. The probability that you choose a good project is extremely small.

[acmakc12]

For people with a weak psyche, with the fear of losing money, it is better not to climb into the trade and investment, as for them it can be detrimental.

[ub27]

Panic sell comes from people who dont master the emotions. They can not master themselves when they see their money falling and they panic selling everything. Traders are emotionally manipulated will definitely get a lousy result

[charlotte04]

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.

Sometimes your emotions can't be left out all of it to trading or investing. We still have a little of it even we don't want to make it happen by making decisions through our emotions.

[ataki]

Emotions are not good advisers when investing  at crypto. We should make more fact based decision and analyzing
the market . It is hard to exclude emotions but we have to practice to handle them.

[grendel25]

It's good advice in crypto and all sorts of other places.  Sometimes when stuff looks bad it's best just to walk away, change the channel, think about something else, or just do something other than dwell on what is probably a temporary problem rather than making a decision that will cause a permanent loss.  You only lose if you sell for a loss.

[JuanPaulo]

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.

You say reasonable things. I believe that if you want to make a lot of money in the cryptocurrency market, then you should give up emotions and leave only a cold calculation.

[eaglewhite80]

For someone who losses a lot of money, it may never be that easy to leave emotions behind. A person could kick a trash can while watching the market's red again lol I've have done that myself. I felt sorry for the woman with a kid who got nervous as they pass by.

i think i can summarize all of that.

dont revenge trade.

Yes that is also true. Since the price dip, you thought of selling to accumulate, you have bought back yet the price went up. Its a disaster.

Well, I can say that for someone who has lost a lot of money, they certainly at some point have ended up coming into the space out of greed with no knowledge of how to invest wisely at all.

We have seen so many times the manner of approach of a lot of new investors in this space and most of it is centered on greed. You really need to understand as an investor that the only way you can make good decisions in the space without at all getting emotional is by knowing exactly what you are doing.

If you do not know, you will make mistakes and once you make mistakes, without still seeking for knowledge on how to do things right, emotion will definitely set in.

[erox]

Successful trading can never be on emotions. It is important to understand that trading is not a game of roulette, strategic calculation and experience are important here, not the ability to put everything on red. IMHO

[cbIpok]

Acting with your emotions can make you to make more mistakes, I agree with you. So you must decide what to do in advance and act accordingly. Even if you lose your money by trading , never make ambition because you can lose it all.

[braves182]

It was hard for me to cope with emotions when the ether grew so much, and I didn't buy it on time. I'd be a millionaire by now. But then I realized that it is not necessary to suffer over what happened, it still doesn't change, it is necessary to work, study and in the future , perhaps it will be rewarded.

[Pasaway2701]

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

Always be calm is important for you to decide better for what you are going to do. You have to leave what stressed you out yesterday and where you came before going to work. Trading is risky and might lose you when you do not think better when to take or leave it. Be calm and wait for the good result.

[rosepetals]

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.

You were right mate we need to have more courage most importantly if we experiencing joining scam projecrs or bullish market.We have to set standards on our emotion on when to panic because panicking makes us unsuccessful in this community.

[otunayode]

Unfortunately this is not possible because your emotion is part of you. You are stalk with your emotion. The best approach of dealing with negative emotion that lose you money is to effectively manage it and use it to your advantage!

[bagikoin]

many indeed that always puts the emotion and it always results in bad things end. even when trading or investing long term this will be felt once the effect. When the emotions then only will cause the wrong in taking this decision and many cases even aren't just for beginners.

[Jadesola]

We cannot leave emotion out of crypto because of the nature,i will only advise that we should learn how to control our emotion because it can cost us our asset if we are not careful.Emotion at time can cause you to make wrong decision if is not put under control especially in trading.

[Woolles890]

Indeed emotions will not have a good impact on the decision, so the emotions can be able to profit. Seeing the crypto market up and down does not necessarily make our emotions out of control, but this must be controlled so that it becomes more calm so that making decisions will be better.

[atayating]

I agree with you because I understand very well that the cryptocurrency market is a cruel market. Emotions can't bring us profits. Maintaining a good attitude is the key to coping!

[legenduim]

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.

I agree with this. In this area, emotions only hinder and force to make bad and unsuccessful decisions. You need to have only a cold mind, have a plan for any case and be sure.