James Watson
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Merit: 5
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August 25, 2021, 09:23:54 AM |
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The premise is to have enough assets to support your investment and be able to continue to buy at the right time. What's more, it's your emotions. Investors' emotions control the choices of investors. This is a factor that helps us succeed, and it is also one of the factors that ruin us. These accumulated experience will make good judgments for future investment. Knowledge is necessary. It is not a qualified investor to enter without doing homework without understanding the unknown field.
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FairUser
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Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
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August 25, 2021, 10:19:48 AM |
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The premise is to have enough assets to support your investment and be able to continue to buy at the right time. What's more, it's your emotions. Investors' emotions control the choices of investors. This is a factor that helps us succeed, and it is also one of the factors that ruin us. These accumulated experience will make good judgments for future investment. Knowledge is necessary. It is not a qualified investor to enter without doing homework without understanding the unknown field.
And here's your own theory. I don't deny it either, but I find it takes more to make a good investor. Between theory and practice with investment, and it brings experience and will be experienced in the field you pursue. A good investor also depends on each individual's feelings, and to me the process and results they create is the best answer to whether they can do it.
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dark1234
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August 25, 2021, 12:14:36 PM |
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emotional is a natural thing for every trader and investment, just don't let the gambling mentality get to us because this will make us fall on false opportunities that make us regret and despair but among some of the reasons we should do when times financially difficult, this is where the emotional trader must be able to decide
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Cangkeman Wae
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Activity: 826
Merit: 10
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August 25, 2021, 02:29:15 PM |
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emotional is a natural thing for every trader and investment, just don't let the gambling mentality get to us because this will make us fall on false opportunities that make us regret and despair but among some of the reasons we should do when times financially difficult, this is where the emotional trader must be able to decide
To be a successful trader, of course, you must be good at controlling emotions, most of the newbies will immediately panic when they see prices go up or down 10% in a short time, an experienced trader can certainly control emotions so they don't panic when prices go up or down.
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conected
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August 25, 2021, 03:13:13 PM |
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The premise is to have enough assets to support your investment and be able to continue to buy at the right time. What's more, it's your emotions. Investors' emotions control the choices of investors. This is a factor that helps us succeed, and it is also one of the factors that ruin us. These accumulated experience will make good judgments for future investment. Knowledge is necessary. It is not a qualified investor to enter without doing homework without understanding the unknown field.
And here's your own theory. I don't deny it either, but I find it takes more to make a good investor. Between theory and practice with investment, and it brings experience and will be experienced in the field you pursue. A good investor also depends on each individual's feelings, and to me the process and results they create is the best answer to whether they can do it. - Agree, to have a process and a result as well as experience in many years of work, good investors cannot miss the periods of loss of emotions, loss of confidence as well as ups and downs in investment, I don't mention failure as a negative thing, I reach this point only because people here are only open about the virtues and chances of success. They like nice numbers, they like to buy and trade at the right time but a good outcome is not just a theoretical process, it is a lot of broken bricks, a lot of pent up emotions to form a good investor, a best version with heaps of stumbles
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slaman29
Legendary
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Activity: 2828
Merit: 1288
Livecasino, 20% cashback, no fuss payouts.
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August 25, 2021, 04:23:32 PM |
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When you take the advice of Warren Buffet, it is something excellent, but if we go to the stock market you must wait at least 8 or 10 years to see results of the investment, on the other hand, in BTC you see results after 3 or 4 years, and the most likely is to see a great profit, that is what many do not see.
To be fair I think Bitcoin expected timelength to make the same profits as stocks is also getting longer and longer. 2014 to 2017 20x was three years and now 2017 to 2021 a longer period of 4 years, it is "only" 3x. I guess we know why Buffett is starting to like Bitcoin (by not saying so much against it anymore).
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Masplanc
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Activity: 798
Merit: 34
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August 25, 2021, 05:43:01 PM |
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Selling or buying investments ? As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-
1. Our emotions 2. Our lack of knowledge 3. Hope !
Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder. Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow. This is really hard once our emotions are involved with our investments. I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.” I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful. Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”
I will add to this A good investor must be a manager of risk taking. A good investor must be able to control is emotion when there are loses in trading. A good investor must have Strategies to make earnings
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CaptainCrapper
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August 26, 2021, 07:29:42 AM |
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Selling or buying investments ? As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-
1. Our emotions 2. Our lack of knowledge 3. Hope !
Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder. Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow. This is really hard once our emotions are involved with our investments. I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.” I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful. Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”
Our maximum trader is the main problem we can't control our emotion for that reason we can't take good decision what we have to do actually lots of new trader and investor is coming on this market they can't control their emotion its a missing of proper knowledge about this sector. when he understand all about market alrdy they loss a big amount so we have to consous more and more.
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BigBos
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August 26, 2021, 08:49:19 AM |
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emotional is a natural thing for every trader and investment, just don't let the gambling mentality get to us because this will make us fall on false opportunities that make us regret and despair but among some of the reasons we should do when times financially difficult, this is where the emotional trader must be able to decide
apart from controlling our emotions, what makes us good investors is that we are not influenced by FUD or FOMO. believe in what we invest in vulnerable few months or years, it will get better. focus on research on project development from what we invest. however, easily influenced by negative news will also make us regret it. I've been affected by things like that, which didn't make me very profitable.
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Rasa nanas
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August 26, 2021, 08:52:13 AM |
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emotional is a natural thing for every trader and investment, just don't let the gambling mentality get to us because this will make us fall on false opportunities that make us regret and despair but among some of the reasons we should do when times financially difficult, this is where the emotional trader must be able to decide
trading but not using knowledge is the same as gambling, meaning that he only relies on luck. On the other hand, people who have knowledge in trading will find it easier to control their emotions. when the price suddenly drops knowledgeable people will not easily panic and know what to do.
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slaman29
Legendary
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Activity: 2828
Merit: 1288
Livecasino, 20% cashback, no fuss payouts.
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August 26, 2021, 03:54:06 PM |
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I guess we know why Buffett is starting to like Bitcoin (by not saying so much against it anymore).
He sees stability? oh common, Buffet and he's co-billionaires are always after the money. I like that idea he's no longer vocal with his stand and there are many institutional investors now inside this market. Getting the attentions means investment in the long will bring decent benefits, everything still depends on how you interpret this business and how willing you are to go deeper to learn more. No man I was just making a joke. Or was that not clear enough? Of course old investors are always after the money. They would even invest in ponzis if they somehow knew they could guarantee getting out of it alive and I bet you they throw "change" into high risk ventures. If big banks can change their minds about bitcoin, for sure these old men also can. Isn't his son already into Bitcoin anyway? For sure on advice or guidance from the man himself.
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bitcub
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August 26, 2021, 05:08:16 PM |
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A lost already a hundred of dollars from wrong trading position. Lesson I learned over years!
1. Dont listen to shill, they are paid trolls. Do your own research! 2. Learn how to read chart. 3. Dont be greedy. Sometimes I expect the coin to still go up but the direction is going down. 4. Sell at the top, buy from bottom.
Another thing I learned, it is okay to sell the crypto if the coin is already at the top, because you can rebuy it 3 to 5x of its value when it goes up.
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celot
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August 26, 2021, 05:14:39 PM |
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What is difficult for us to stem is that emotions are balanced with panic. Well this sometimes makes us make wrong decisions , do not think long and clear . Which in the end makes us lose a lot . This is what we must control, to stay calm and think clearly.
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King Khaizan
Member
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Activity: 285
Merit: 12
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August 26, 2021, 05:50:40 PM |
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Successful traders are largely influenced by a good mastery of trader psychology, the rest is money management and trading systems owned by traders.
Success in trading is the result of a combination of strategy and well-controlled emotions, resulting in the right actions and decisions of the trader.
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Review Master
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August 26, 2021, 06:40:55 PM |
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trading but not using knowledge is the same as gambling, meaning that he only relies on luck. On the other hand, people who have knowledge in trading will find it easier to control their emotions. when the price suddenly drops knowledgeable people will not easily panic and know what to do.
Indeed, it's better to have less losses by having proper knowledge rather than doing trades/investment with emotions. Not only, it's just about panic situation as knowledgeable traders/users are well aware of the potential of this space and invest their funds in the right way to increase their portfolio. So best for all , not to gamble their portfolio because of having bullish rally and vice versa.
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Davidvictorson
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August 26, 2021, 07:03:24 PM |
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Selling or buying investments ? As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-
1. Our emotions 2. Our lack of knowledge 3. Hope !
Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder. Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow. This is really hard once our emotions are involved with our investments. I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.” I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful. Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”
As an investor, I know how crucial it is for me to have a diversified portfolio. I invest in other top performing cryptocurrencies and non-cryptocurrency assets. I let myself know that I am investing for the long term and therefore, I’m not perturbed by the bear markets, recessions, negative market sentiment. Lastly, because I know that no business is above risks, I try to manage them instead of running away from it.
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Ryker1
Sr. Member
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
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August 26, 2021, 09:22:11 PM |
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A lost already a hundred of dollars from wrong trading position. Lesson I learned over years!
1. Dont listen to shill, they are paid trolls. Do your own research! 2. Learn how to read chart. 3. Dont be greedy. Sometimes I expect the coin to still go up but the direction is going down. 4. Sell at the top, buy from bottom.
Another thing I learned, it is okay to sell the crypto if the coin is already at the top, because you can rebuy it 3 to 5x of its value when it goes up.
It is well said --however, there is no way to be a good investor in crypto since the price on it is unpredictable but at least in our mistake in past will make a better investor or trader, the mistake should not be repeated anymore. There are some people who think that trading is just an easy of making money but they don't know the fact how hard it is, do your own research will truly help you when you are in trading and find and a good source of information is also a good here. Also if you want to invest in a safe way, you can hold your coin.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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nurilham
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August 26, 2021, 09:33:48 PM |
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trading but not using knowledge is the same as gambling, meaning that he only relies on luck.
Indeed. It will be the same as gambling if trading relies on luck only. And it is very not recommended to do. Basically, trading must have sufficient knowledge and requires good self-control as well. If we have these things, we can trade properly and should be much easier than trading with no knowledge. If we have no knowledge in trading, simply we will be confused to decide when buying and when selling our coins.
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lepbagong
Full Member
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Activity: 2352
Merit: 121
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
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August 27, 2021, 01:06:40 PM |
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emotional is a natural thing for every trader and investment, just don't let the gambling mentality get to us because this will make us fall on false opportunities that make us regret and despair but among some of the reasons we should do when times financially difficult, this is where the emotional trader must be able to decide
Yes, that's right, emotional is something that spontaneously comes out when we do something that is not in accordance with what we want or it doesn't work. but everything must be controlled because without proper control it can be carried away in all the actions we will take and usually end up not good. As a trader, it is clear that emotions must be controlled so that what we will analyze before acting does not lead to something that is actually detrimental, as long as we can reduce and control it well, what we will do later can be right on target. apart from controlling our emotions, what makes us good investors is that we are not influenced by FUD or FOMO. believe in what we invest in vulnerable few months or years, it will get better. focus on research on project development from what we invest. however, easily influenced by negative news will also make us regret it. I've been affected by things like that, which didn't make me very profitable.
Bad and good news will always come and go, once again we can control it well even though emotions can come but if we are able to dampen it then what we will do will certainly lead to improvements. any job will always be connected to a situation like this, especially in crypto where there are so many problems that can develop that affect the movement of crypto. if we are not able to dampen it then we will always be carried away with bad things, even though we need high patience and good analysis before doing anything in crypto.
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Rahman11
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August 27, 2021, 04:06:37 PM |
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A good investor, for our purposes, is someone who understands what they're investing in and why they're investing. They're in control of their overall investing plan and can consistently contribute to their portfolio over the years.
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