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Author Topic: Top Three Emotions to Check to Succeed!  (Read 2412 times)
NathanJB
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December 08, 2019, 03:17:21 AM
 #101

Greed is very much the number 1, greed takes away fear and builds fake confidence that blinds you until you have lost it all, greed works most times but not always and it can as well get you in trouble even after losing all.

This emotions is the first to be checked before others, fear is a daily emotion everyone faces unless you are spending the right amount that you are willing to lose then fear is not a factor.

no fear isnt the one that we feel ever day  .  i believe that people are not fearful on some days but they are too courageous to the task that they wanted to finish but somedays the courage drops and turn into fear  . good thing that greed can sometimes enter which again remove the fear that we feel  . its better to be greedy sometimes to stay motivated but make sure that we know how to stop our greed so that we wont end up loosing what we already gathered 

Greed is different from our moderate desire to have more or to desire more. Greed is already on the side of excess. Which means that greed is already more or less uncontrollable and is not anymore within reason. When greed comes in, there is more reason for one to loss than gain. With greed, people are easily fallen to scams, ponzis, HYIP, and many too good to be true offers. The main reason is that they are too attracted to easy money. Fear, I guess, is the opposite?
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December 09, 2019, 12:04:40 PM
 #102

Quote
GREED, FEAR and CONFIDENCE
These are called the "3 wise men" especially when we are making decision about any business or new venture.
Dont be greed, greedy people can easily loose any fortune in their possession.
Dont entertain fear, follow your instinct to the last and be confident that it shall end well, dont be a coward; there is a popular saying that cowards dies many times before their death.
Overconfidence destroys can destroy any great personality, never be 100% sure that everything will always work in your favor.
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December 09, 2019, 12:27:19 PM
 #103

Greed is very much the number 1, greed takes away fear and builds fake confidence that blinds you until you have lost it all, greed works most times but not always and it can as well get you in trouble even after losing all.

This emotions is the first to be checked before others, fear is a daily emotion everyone faces unless you are spending the right amount that you are willing to lose then fear is not a factor.

no fear isnt the one that we feel ever day  .  i believe that people are not fearful on some days but they are too courageous to the task that they wanted to finish but somedays the courage drops and turn into fear  . good thing that greed can sometimes enter which again remove the fear that we feel  . its better to be greedy sometimes to stay motivated but make sure that we know how to stop our greed so that we wont end up loosing what we already gathered 

totally agree, greed is the most dangerous. I get bad experiences from being greedy on trading. I lost a lot of money because I was greedy because I was too confident and had no fear, and sometimes the fear is necessary to avoid something worse.
Greed most dangerous attitude because many people have lost their investment asset because always not enough with how much profit they earn, many people after get more than 30% profit keep hold and waiting for raising more and looks greed for taking profit, but when their asset have lower price, will be long time for waiting when their assets back again to higher price.

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December 09, 2019, 01:27:20 PM
 #104

Greed is very much the number 1, greed takes away fear and builds fake confidence that blinds you until you have lost it all, greed works most times but not always and it can as well get you in trouble even after losing all.

This emotions is the first to be checked before others, fear is a daily emotion everyone faces unless you are spending the right amount that you are willing to lose then fear is not a factor.

no fear isnt the one that we feel ever day  .  i believe that people are not fearful on some days but they are too courageous to the task that they wanted to finish but somedays the courage drops and turn into fear  . good thing that greed can sometimes enter which again remove the fear that we feel  . its better to be greedy sometimes to stay motivated but make sure that we know how to stop our greed so that we wont end up loosing what we already gathered 

totally agree, greed is the most dangerous. I get bad experiences from being greedy on trading. I lost a lot of money because I was greedy because I was too confident and had no fear, and sometimes the fear is necessary to avoid something worse.
Greed most dangerous attitude because many people have lost their investment asset because always not enough with how much profit they earn, many people after get more than 30% profit keep hold and waiting for raising more and looks greed for taking profit, but when their asset have lower price, will be long time for waiting when their assets back again to higher price.
That is the reason why we should have control in our emotions. Greediness will not bring a good benefit all the time and it mostly give negative results. If you see that you are gaining from a certain coin or token then you should be thinking of selling it because you might regret it at the end of the day because you expected too much.

 
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December 09, 2019, 02:57:28 PM
 #105


GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order.

FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  Grin

CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.



Admittedly, I am also struggling. But I guess we really need to control them. What do you think?


Being greedy can cause us great losses, Because we seek greater profits that sometimes are not right. It is best to set a target price to secure our profit.

Fear will prevent us if we know what is really going on if it is a FUD made of whales so that we can sell the coins we hold at a cheap price to prevent further losses. And of course the knowledge of coins we hold first should pay attention before buying.

The too much self-confidence, Which should also have a limitation because our overconfidence causes us to get more losses than profit. 
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December 10, 2019, 04:53:47 AM
 #106


GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order.

FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  Grin

CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.



Admittedly, I am also struggling. But I guess we really need to control them. What do you think?


Being greedy can cause us great losses, Because we seek greater profits that sometimes are not right. It is best to set a target price to secure our profit.

Fear will prevent us if we know what is really going on if it is a FUD made of whales so that we can sell the coins we hold at a cheap price to prevent further losses. And of course the knowledge of coins we hold first should pay attention before buying.

The too much self-confidence, Which should also have a limitation because our overconfidence causes us to get more losses than profit. 
That's why we should have limitations and we should identify the potential rewards that is really realistic. People think that they can be a crypto millionaire soon if they invested money on bitcoin. It is not gonna happen, the greed of people is so powerful where the greed is controlling the person. Too much greedy can lead to losses and that is the reason we should not be greedy when we are doing investment.
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December 10, 2019, 04:16:21 PM
 #107

Greed is very much the number 1, greed takes away fear and builds fake confidence that blinds you until you have lost it all, greed works most times but not always and it can as well get you in trouble even after losing all.

This emotions is the first to be checked before others, fear is a daily emotion everyone faces unless you are spending the right amount that you are willing to lose then fear is not a factor.

no fear isnt the one that we feel ever day  .  i believe that people are not fearful on some days but they are too courageous to the task that they wanted to finish but somedays the courage drops and turn into fear  . good thing that greed can sometimes enter which again remove the fear that we feel  . its better to be greedy sometimes to stay motivated but make sure that we know how to stop our greed so that we wont end up loosing what we already gathered 

totally agree, greed is the most dangerous. I get bad experiences from being greedy on trading. I lost a lot of money because I was greedy because I was too confident and had no fear, and sometimes the fear is necessary to avoid something worse.
Greed most dangerous attitude because many people have lost their investment asset because always not enough with how much profit they earn, many people after get more than 30% profit keep hold and waiting for raising more and looks greed for taking profit, but when their asset have lower price, will be long time for waiting when their assets back again to higher price.
That is the reason why we should have control in our emotions. Greediness will not bring a good benefit all the time and it mostly give negative results. If you see that you are gaining from a certain coin or token then you should be thinking of selling it because you might regret it at the end of the day because you expected too much.
Almost invest can't control their Greediness because after looking for with their coin trading have higher price always not enough with how much profit they get, many time trader want to get much profit although some coin trading have reached maximum for raising up, they try to keep get much profit without care some time can dump suddenly and lost all their money.

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Kevondo
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December 10, 2019, 05:35:35 PM
 #108


GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order.

FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  Grin

CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.



Admittedly, I am also struggling. But I guess we really need to control them. What do you think?


Being greedy can cause us great losses, Because we seek greater profits that sometimes are not right. It is best to set a target price to secure our profit.

Fear will prevent us if we know what is really going on if it is a FUD made of whales so that we can sell the coins we hold at a cheap price to prevent further losses. And of course the knowledge of coins we hold first should pay attention before buying.

The too much self-confidence, Which should also have a limitation because our overconfidence causes us to get more losses than profit. 
There is nothing wrong with holding a desire to have huge money as long as this is fulfilled by right means. People can become rich in many ways but only those get respect and peace who pull this without ever hurting others. In my opinion, the better word would be compete instead of greed. Greed leaves a bad impression. In order to succeed, a person must have a the sense of competition for better.
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December 10, 2019, 09:29:20 PM
 #109

Let me add something to this list. Chance factor. You have to master your emotions. The most important thing in this market is to keep the psychology intact. And not to lose the excitement. Excitement is very important. Excitement is the driving force for investors.
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December 10, 2019, 09:33:07 PM
 #110

Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop  we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.

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December 10, 2019, 11:49:12 PM
 #111

Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop  we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.

R


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December 11, 2019, 03:20:06 AM
 #112

Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop  we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.
learn and keep learning, understanding crypto currency trading is indeed not easy,
it is true that only confidence without your knowledge can fail !, many cases like this, but take it easy you can certainly do it



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TitanGEL
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December 11, 2019, 07:17:53 AM
 #113

Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop  we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Having confidence is really a good for us to create more effective decisions. Even if you are knowledgeable person but you are lack of self esteem then you will still lose in your trading. Improving our self esteem will help us to become better trader and investor and it can help us to think differently. There are people who losing their confidence after they fail and it is the problem, use the failure as motivation for you to become stronger than before. It is part of the process and we should not be afraid to fail sometimes.

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December 11, 2019, 01:52:21 PM
 #114

Confidence after failure is needed. In every failure we experience, we must learn from it. We must not stop  we need to be better each day. We need to invest in learnings to improved our skills. We ust not fall in everytime we lose. Used as experience to do better next time. Not just in trading and crypto but in life also.
Having confidence is really a good for us to create more effective decisions. Even if you are knowledgeable person but you are lack of self esteem then you will still lose in your trading. Improving our self esteem will help us to become better trader and investor and it can help us to think differently. There are people who losing their confidence after they fail and it is the problem, use the failure as motivation for you to become stronger than before. It is part of the process and we should not be afraid to fail sometimes.
I can't control my emotion with greed because by seeing my altcoin investing and trading have higher price I keep trust with holding because will have good price again and keep profitable for holding, after hold I look price down and very sad why not sell my coin when price is up but why keep holding without get profit although little amount, now I keep control which how much I want to take profit.

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December 11, 2019, 02:40:52 PM
 #115

This thread can be of great help to newcomers to crypto trading to learn the importance of emotion that should be kept aside in trading. Because it can help the novice to know what to do to start trading.

And I think one of the things they need to know is that being greedy can ruin their investment
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December 12, 2019, 10:25:41 AM
 #116

Greed is very much the number 1, greed takes away fear and builds fake confidence that blinds you until you have lost it all, greed works most times but not always and it can as well get you in trouble even after losing all.

This emotions is the first to be checked before others, fear is a daily emotion everyone faces unless you are spending the right amount that you are willing to lose then fear is not a factor.

no fear isnt the one that we feel ever day  .  i believe that people are not fearful on some days but they are too courageous to the task that they wanted to finish but somedays the courage drops and turn into fear  . good thing that greed can sometimes enter which again remove the fear that we feel  . its better to be greedy sometimes to stay motivated but make sure that we know how to stop our greed so that we wont end up loosing what we already gathered 

totally agree, greed is the most dangerous. I get bad experiences from being greedy on trading. I lost a lot of money because I was greedy because I was too confident and had no fear, and sometimes the fear is necessary to avoid something worse.
Greed most dangerous attitude because many people have lost their investment asset because always not enough with how much profit they earn, many people after get more than 30% profit keep hold and waiting for raising more and looks greed for taking profit, but when their asset have lower price, will be long time for waiting when their assets back again to higher price.
That is the reason why we should have control in our emotions. Greediness will not bring a good benefit all the time and it mostly give negative results. If you see that you are gaining from a certain coin or token then you should be thinking of selling it because you might regret it at the end of the day because you expected too much.
Almost invest can't control their Greediness because after looking for with their coin trading have higher price always not enough with how much profit they get, many time trader want to get much profit although some coin trading have reached maximum for raising up, they try to keep get much profit without care some time can dump suddenly and lost all their money.
This kind of mistake can make them pay so high so gamblers should remain active about the potential of the coin and always investing in profitable coins at the same time traders should not be so emotional and much better to trade for the long term without being about quick market changes. We should remain moderate about selling and buying as everything should be done on time.
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December 13, 2019, 03:48:14 AM
 #117


GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order.

FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  Grin

CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.



Admittedly, I am also struggling. But I guess we really need to control them. What do you think?


Being greedy can cause us great losses, Because we seek greater profits that sometimes are not right. It is best to set a target price to secure our profit.

Fear will prevent us if we know what is really going on if it is a FUD made of whales so that we can sell the coins we hold at a cheap price to prevent further losses. And of course the knowledge of coins we hold first should pay attention before buying.

The too much self-confidence, Which should also have a limitation because our overconfidence causes us to get more losses than profit. 
That's why we should have limitations and we should identify the potential rewards that is really realistic. People think that they can be a crypto millionaire soon if they invested money on bitcoin. It is not gonna happen, the greed of people is so powerful where the greed is controlling the person. Too much greedy can lead to losses and that is the reason we should not be greedy when we are doing investment.
It is not we need to avoid greediness, it is we need to know how to control it, when to use it and when to stop it because it can helps us in our investment here in the crypto world but of course after we obtained such kind of skill we need to experience things first like losing, why ? So that when we encounter such problems in the future we know what is the best thing to do.



BIG WINNER!
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December 15, 2019, 07:00:05 AM
 #118


GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order.

FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  Grin

CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.



Admittedly, I am also struggling. But I guess we really need to control them. What do you think?


Being greedy can cause us great losses, Because we seek greater profits that sometimes are not right. It is best to set a target price to secure our profit.

Fear will prevent us if we know what is really going on if it is a FUD made of whales so that we can sell the coins we hold at a cheap price to prevent further losses. And of course the knowledge of coins we hold first should pay attention before buying.

The too much self-confidence, Which should also have a limitation because our overconfidence causes us to get more losses than profit. 
That's why we should have limitations and we should identify the potential rewards that is really realistic. People think that they can be a crypto millionaire soon if they invested money on bitcoin. It is not gonna happen, the greed of people is so powerful where the greed is controlling the person. Too much greedy can lead to losses and that is the reason we should not be greedy when we are doing investment.
It is not we need to avoid greediness, it is we need to know how to control it, when to use it and when to stop it because it can helps us in our investment here in the crypto world but of course after we obtained such kind of skill we need to experience things first like losing, why ? So that when we encounter such problems in the future we know what is the best thing to do.

Yup because sometimes by greed you can obtain some profit by a fast or easy time in order to get money in just a single time. But if you'd continue it a lot then it can cause you to lose your money in just a single click. The important is you need to reserve some money in case of emergency.



.
.BIG WINNER!.
[15.00000000 BTC]


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December 15, 2019, 07:14:47 AM
 #119

yes you are right op. controlling emotions in investing crypto is very important because most people experience defeat and lose their capital because they cannot control emotions. being greedy will keep us from getting anything. it's better if the coin has increased 50% we sell and take profits. and we must not be afraid either. some people panic when they see a fall in the price of coins and rush to sell. if we are calm and patient then we will not suffer losses. (this applies to bitcoin investments). I am always sure that after bitcoin has declined it will definitely increase. we just need to be patient.

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KnightElite
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December 15, 2019, 08:06:29 AM
 #120

yes you are right op. controlling emotions in investing crypto is very important because most people experience defeat and lose their capital because they cannot control emotions. being greedy will keep us from getting anything. it's better if the coin has increased 50% we sell and take profits. and we must not be afraid either. some people panic when they see a fall in the price of coins and rush to sell. if we are calm and patient then we will not suffer losses. (this applies to bitcoin investments). I am always sure that after bitcoin has declined it will definitely increase. we just need to be patient.
Our decisions are all depends on our personality. Checking our psychology before investing or trading is really important to consider because it is a factor to become successful. If you have poor investing and trading psychology, there is a high chance that your decisions will lead you to losses. You can handle the risks if you know how you will control your emotions and also if you fully aware to yoy personality.
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