What affects the most in making timely decisions in the world of Crypto?

[Ghondronk]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

[passwordnow]

When you think that it's the right time to sell yet you are thinking of the what-ifs. What if the price goes higher after selling and what if you will regret selling it at that price and sees it goes up later.
This situation always affects our decision making but if you're long enough in the crypto space, you need to determine which price you really are in profit.

[Tushar Ramani]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

What if the highly considerable factor in making timely decisions in the world of crypto. Crypto provides a way better return than stocks doesn't mean you are about to get what you anticipated. We tend to wait furthermore to gain more profit even after reaching our anticipated price/forecast. What I have learned from 3 years is to have an exit point, no matter what happens. If I am certain about Bitcoin reaching $25K, I am happy with it once it reaches and I will be out for sure. But at that point of time, we think of what if it will touch $30K? If you can't get rid of such thoughts, start selling in parts immediately. You won't have second thoughts about selling earlier as well.

[ryzaadit]

Simple, the list will be :
- Fear
- Overthinking
- Don't want to lose some money, because not using free money
- Psychology
- Emotional

All of that will make you take some time to make a decision when doing some trade, investment, or other things. Part of human life, but when you already can control all of them it would be easy to make some decision.

Just remember, when you make the wrong decision don't think too much and just move on.

[cryptonx]

When you think that it's the right time to sell yet you are thinking of the what-ifs. What if the price goes higher after selling and what if you will regret selling it at that price and sees it goes up later.
This situation always affects our decision making but if you're long enough in the crypto space, you need to determine which price you really are in profit.

thats why people should know about technical analysis my friend
because in my opinion with technical analysis we know when the right time to buy or sell any cryptocurrency, but a lot of people ignore about this
and the most important thing is control our emotions and psychology

[cytpoway121]

Most decisions in the world of crypto currency trading and investment that affects us directly are mostly emotional related troubles such as fear, doubts etc Instead of taking profit; a trader evaluates his options maybe perhaps more % profit tomorrow? or perhaps deciding to wait one more day perhaps the token price will rise from slumber. It happens time and time again. what do you think would be a proper solution to this ?

[didzi]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

mostly people who have patience, knowledge and can control their emotions will have a good decisions in this crypto world my friend
because, i think the three factors above will influence our decisions in crypto world

[bhadz]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

Everyone can forecast the market but it's about the accuracy. Not all of the forecasts are good that you can do if the market is very volatile.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

It is the emotion, if that hits you. You can make very bad decisions.

[Iyeman]

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

The market trend will be likely affecting the ability to take the decision. You can say the market it will be a correcting decision to load some coins right now but the trend can change anytime and it doesn't need a  lot of time for a crypto to change the climate. This is always trapping the traders. So many traders are always creating forecast but remember they forget if it's not about that. When the market was dumping and then good news is coming for crypto and this can easily change the trend instantly.

[Twinkledoe]

When you think that it's the right time to sell yet you are thinking of the what-ifs. What if the price goes higher after selling and what if you will regret selling it at that price and sees it goes up later.
This situation always affects our decision making but if you're long enough in the crypto space, you need to determine which price you really are in profit.

And once you finally decided on what to do, don't look back at your decision. Move on to the next one. Because if you look back and you feel that you should have waited a lil bit more, that's when you go crazy because of too much what ifs. Once you decided, accept it and move on. Don't linger on the what ifs scenarios. As long as you are in profit, don't beat yourself for these what ifs.

[1l1l11ll1l]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

Everyone can forecast the market but it's about the accuracy. Not all of the forecasts are good that you can do if the market is very volatile.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

It is the emotion, if that hits you. You can make very bad decisions.

Timing and precision is also very important in my opinion. Indeed, emotions are one of the factors that influence us in making decisions, but if it's already profitable, why don't we do it right away? and don't wait. our power in analyzing a situation and also the precision or timing is very useful here

[Hamphser]

There would be some common factors but due to unpredictability of the market then these are bound not to work at
all from time to time.

-Patience and Discipline
-Set out your goals and follow your plans
-Be versatile
-Don't easily panic and always set plan B's.

Even though we are against with time but be sure to benefit out the best of it.

[Kelvinid]

Our minds will be easy to change if we listen to things around us either be positive or negative. Yes, of course, it was very important to know what happens around us because that also will affect the market trend and so to make our analysis. And why people make a bad decision is that because they never think it twice, they make decision base on what they saw in today's event without considering the incoming. That, if we make decisions, we need to consider the incoming, we need to be wise and we don't have to be influenced by our emotions that only bring us to hell.

[djgtr]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

mostly people who have patience, knowledge and can control their emotions will have a good decisions in this crypto world my friend
because, i think the three factors above will influence our decisions in crypto world

Sometimes it's easy to say that we need to have those three factors in order to become successful in crypto world, but how to do it with aggressiveness? The reality won't coincide to that my friend, that's why step by step process should be made and doing it by only at once should be done all lone. Learning those things must come by threee phases and don't make it as combinations, do it one by one in order to fully acquire them.

[orengitu]

What affect s the most in making timely decisions in the world of crypto is majorly:
1. Lack of patience: we all know that nobody is 100% sure of any project and that the token will moon, that's why is very important for us to be patience when making decisions about investing in a project

2. Lack of good research about the project: it is very paramount for us to do a thorough research about the trading, investors, the team.

3. No Goal: Most people don't have goal when it's comes to crypto. Let your decision always be in line with your goal.

4. No plan B: Always have another plan to fall back on.

[ethereumhunter]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

mostly people who have patience, knowledge and can control their emotions will have a good decisions in this crypto world my friend
because, i think the three factors above will influence our decisions in crypto world

Sometimes it's easy to say that we need to have those three factors in order to become successful in crypto world, but how to do it with aggressiveness? The reality won't coincide to that my friend, that's why step by step process should be made and doing it by only at once should be done all lone. Learning those things must come by threee phases and don't make it as combinations, do it one by one in order to fully acquire them.

I agree that we should do one by one to pass every process that we should have. If we decide to do all of that thing, I don't think that we can get a good result.

But I don't think that we can have an accurate prediction because sometimes, what we predict or forecast can go in the other directions. It is better if we have another plan if something is wrong with our plan, so we can still work with the current plan.

[AmoreJaz]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

mostly people who have patience, knowledge and can control their emotions will have a good decisions in this crypto world my friend
because, i think the three factors above will influence our decisions in crypto world

Sometimes it's easy to say that we need to have those three factors in order to become successful in crypto world, but how to do it with aggressiveness? The reality won't coincide to that my friend, that's why step by step process should be made and doing it by only at once should be done all lone. Learning those things must come by threee phases and don't make it as combinations, do it one by one in order to fully acquire them.

and those factors will be set aside if you have urgent needs, when you badly need to sell some of your portfolio. to address what you are facing with, and will be your saving grace for that particular
 moment. but afterwards, you can go back to your meticulous self when it comes to decision making.
but who can really tell if your decision on that situation is timely and correct? no one can. you will only realise it afterwards. when all things got settled
in my experience, follow your instincts.

[Lantind]

In my opinion, the cryptocurrency market can be most influenced by events. Events can affect both the value of individual assets and the market as a whole.

That's a really great opinion, but what events have affected the cryptocurrency market in general so far? Because what has been seen from year to year the events are very strange and always not the same, so it needs a general study that really affects it.

[FireBallex]

People say "Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish". Even though it is true in our day to day life, in the crypto world. sometimes it can be problematic. Here, according to my view, what matters the most is your ability to forecast the future trends and how the market will behave in next few minutes, hours, days and months. Forecasting ability can be a function of multiple parameters such as your knowledge on market behavior, experience, analytic capabilities, access to information, etc.

I would like to hear from you on what would you think the most critical factor which affects someone's ability to take timely and correct decisions in this arena?

You said what matters is the ability to forecast? Really? Do you even know what forecast means? Haven't you seen where by forecasts fails? This have happened like thousands of time before, you can't develop the ability to forecast crypto because it's totally unpredictable, the best way to limit loss and have high chance of gains is understanding what you put your money on and also buy at the bottom

[kpierce77]

You said what matters is the ability to forecast? Really? Do you even know what forecast means? Haven't you seen where by forecasts fails? This have happened like thousands of time before, you can't develop the ability to forecast crypto because it's totally unpredictable, the best way to limit loss and have high chance of gains is understanding what you put your money on and also buy at the bottom

Forecast is quite helpful if your guess is correct. Most forecasts fail because crypto is volatile. if we can buy at a low price, and we gain momentum, then that's great because we are sure to make a profit. analysis of a project is the most important thing and maybe forecasts are not suitable for the short term because forecasts are always related to developments