OH YEAH FRUSTATED TRADERS.

[carlisle1]

its a common thing on investor dialy life , Fomo today Fud tomorrow, i just wonder , why u should care about other people's investment ? , i mean just let them invested to any they want , as long as there is jealousy and envy, we will never to be rich

We can never see any changes if people will never learn the biggest mistakes of their life. I really don't know why, it is likely we don't see any chances that this will put an end but just a continuous problem. Frustration, desperation, and etc...everything has seen negative results has badly grown as many people had come without knowing what they do. That actually a suicidal move they do and they will end up being frustrated, and then blames people around.

We should focus more with our own investment, though it's not bad being concern with something but if there's no way to change things up better not to engage yourself and be affected.

There are traders who keeps doing the same mistakes those people who are lazy not to care enhancing their knowledge about this venue of investment.

You always have your own way, best to work it out and not to be too emotional to lessen the risk of losing.

[1714757868]

1714757868

[1714757868]

1714757868

[1714757868]

1714757868

[1714757868]

1714757868

[perfect999]

its a common thing on investor dialy life , Fomo today Fud tomorrow, i just wonder , why u should care about other people's investment ? , i mean just let them invested to any they want , as long as there is jealousy and envy, we will never to be rich

Frustration is good in some ways though because it enables us to improve slowly. I was into the hype train of dogecoin as Elon musk was pumping it and even holding events for it. I used futures to trade dogecoins and purchased a big amount of them recently only to see the market crash the next day despite all the events Elon did.

I promised myself never to trade again based on what others are saying and especially not following a single person because he might be the one who is playing with the market himself, we never know. I suggest everyone to avoid signals and such things and just go for simple trading where you buy potential coins and sell them for a better price, that is the best possible way to earn with trading right now.

[monineklutak]

FOMO is one of the big enemy that needs to be conquered if you want to succeed in trading and investing. alot of people usually neglect investing at the early stage but only wake up to join the train when its halfway or near the destination. the oppression from friends and mates is also one of the things that make people fomo. thats why its always important to keep your emotions under control. dont be oppressed by anyones profit, you will make your own if you do the right thing. i read comments from lots of traders that are lamenting of their loss because of fomoing to buy the top. one important thing to always remember is that there are alot of opportunity, all you have to do is to find them early and buy into them.

therefore avoid FOMO, and also FUD, FOMO is indeed more dangerous because we are going to buy where it is a trap,
but FOMO can also have a good impact, of course if you are careful then you will be successful in addressing this,
trading because of FOMO? haha it sounds ridiculous, but it can also be profitable

[fancy2973]

In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.

A good risk manager has an eye on both sides anyway. One eye on the winning side, that is profits when the price goes up of course, but on the other side is the losing side and a good risk manager not only tries to increase the profit side, but also to minimize the loss side. Part of it is to be ready to sell an asset without running in circles in your head whether it could go up again minutes later when in fact you are convinced it will actually go down.

That is why we have to make a market analysis first before making decisions. It is very unfortunate that most never do that instead of having used their emotions to help. Thus, we need to widen our market understanding, not only to focus on the other sides but to take a look also on both sides. We had suffered frustration that's because we don't accept that we lose (which is a part of trading).

It is not only about analysis, it is about being rational in terms of your decisions. If you sell and it goes up afterwards don't be upset as long as you are in conformity with your decision. Those who are upset won't sell next time believing they don't want to make the same mistake twice but that time when they hold tight the market crashes.

[LUCKMCFLY]

It depends on how it relates to FOMO. For example, you could buy bitcoin during FOMO at a price of $ 20k, and sell it only now at a higher price. Everyone wins.
Another question is if you start selling your investments during a panic sale, this already looks like a double mistake.

I think most of the people who enter the market do so because it is on FOMO, and no one wants to lose the movement of Bitcoin when its uptrend begins, of course this scenario was the one that happened in 2017-2018 when BTC reached $ 20 .k, everyone believed that it would go up to $ 50k, then $ 100k and that from there it would never drop in price, in fact many people believed that Bitcoin would continue to grow, that it did not have a Distribution stage, that is, the normal market cycle had not been fulfilled: Accumulation and Distribution, if this had not happened, the market would have gone through a stage of re-accumulation or redistribution, this according to Wyckoff's theory, occurs in all financial markets, and this applies to the market of Bitcoin

When the Distribution stage passed, all the emotions went to the ground, some were still waiting for BTC to recover again, I think there will always be people who will not know much about the financial markets and will fall into these types of errors, it is like a chain that never breaks.

[cabron]

It depends on how it relates to FOMO. For example, you could buy bitcoin during FOMO at a price of $ 20k, and sell it only now at a higher price. Everyone wins.
Another question is if you start selling your investments during a panic sale, this already looks like a double mistake.

I think most of the people who enter the market do so because it is on FOMO, and no one wants to lose the movement of Bitcoin when its uptrend begins, of course this scenario was the one that happened in 2017-2018 when BTC reached $ 20 .k, everyone believed that it would go up to $ 50k, then $ 100k and that from there it would never drop in price, in fact many people believed that Bitcoin would continue to grow, that it did not have a Distribution stage, that is, the normal market cycle had not been fulfilled: Accumulation and Distribution, if this had not happened, the market would have gone through a stage of re-accumulation or redistribution, this according to Wyckoff's theory, occurs in all financial markets, and this applies to the market of Bitcoin

When the Distribution stage passed, all the emotions went to the ground, some were still waiting for BTC to recover again, I think there will always be people who will not know much about the financial markets and will fall into these types of errors, it is like a chain that never breaks.

In the case of crypto market, FOMO is always going to happen to a trader because overnight the price of a coin can go more than 50%+. When an influencer shouts like "Doge to the moon" in that very moment you wanna be on the exchange to buy doge without even checking if the price was already the peak. In the end, you failed to profit.

You'd be more frustrated because Elon joins the fud about greener energy that causes this dip once again.

[Obito]

It depends on how it relates to FOMO. For example, you could buy bitcoin during FOMO at a price of $ 20k, and sell it only now at a higher price. Everyone wins.
Another question is if you start selling your investments during a panic sale, this already looks like a double mistake.

I think that the only time that you should worry about FOMO is if you are investing in a coin that isn't promising or even has a future in the market. Cryptocurrencies that have established already are immune to FOMO because no matter what price you get in, you will still get a profit because over the long-term hodling, it will ultimately go up.

[rosebrand]

You are right, most people due to the fact there saw testimonies of people who made profit from a particular trade and there jump in buying the top which will later lead them to loosing funds, in this crypto space one  really need to learn how to control his  emotions if not might end up being frustrated. The crypto space is big enough and got lots of opportunities so no need of chasing an opportunity which has flew already, make researches there are lots of fresh opportunities all you got to do is Join them early, remember the rule here is buy low sell high.

[cyriljundos]

yes lot of players right now is frustrated about their investment because all of alt coin right now is in dump because of the sudden price down of bitcoin. there are lot of newbie that invested big amount of money and after they losses their capital they easily frustrated and quit crypto currency.

[fancy2973]

You are right, most people due to the fact there saw testimonies of people who made profit from a particular trade and there jump in buying the top which will later lead them to loosing funds, in this crypto space one  really need to learn how to control his  emotions if not might end up being frustrated. The crypto space is big enough and got lots of opportunities so no need of chasing an opportunity which has flew already, make researches there are lots of fresh opportunities all you got to do is Join them early, remember the rule here is buy low sell high.

And probably the testimonials long before sold their coins and then start advertising them. There are a few celebrities on Twitter who use their follower base to manipulate the market. One day they say out of a sudden that Bitcoin is doomed and three months later they show up again and say Bitcoin is going to a million USD.

[dotcoin.info]

We cannot avoid this, every person must go through this. People always learn only from their mistakes, and only in this way a person will grow and form his opinion. It can be considered a rite of passage.

And yet we can partly soften the blow. It is enough to learn how to join someone else's experience, study other people's mistakes, look for where other strategies were mistaken and compare with their own. It is difficult, but the abundance of information provided allows us to do it .

[ningrum]

We cannot avoid this, every person must go through this. People always learn only from their mistakes, and only in this way a person will grow and form his opinion. It can be considered a rite of passage.

And yet we can partly soften the blow. It is enough to learn how to join someone else's experience, study other people's mistakes, look for where other strategies were mistaken and compare with their own. It is difficult, but the abundance of information provided allows us to do it .

It is very natural for a trader to experience frustration when the dump occurs, I also experienced that,
I bought an altcoin and I still lost 30%, and I was frustrated, but if the frustration is still in us, then it will be detrimental,
and I try to get rid of that, as long as you are still in the spot market your money is still not gone, so just relax

[dunfida]

We cannot avoid this, every person must go through this. People always learn only from their mistakes, and only in this way a person will grow and form his opinion. It can be considered a rite of passage.

And yet we can partly soften the blow. It is enough to learn how to join someone else's experience, study other people's mistakes, look for where other strategies were mistaken and compare with their own. It is difficult, but the abundance of information provided allows us to do it .

It is very natural for a trader to experience frustration when the dump occurs, I also experienced that,
I bought an altcoin and I still lost 30%, and I was frustrated, but if the frustration is still in us, then it will be detrimental,
and I try to get rid of that, as long as you are still in the spot market your money is still not gone, so just relax

As long you didnt panic sell then theres still chance for you to recover and its normal that these frustrations would come come specially into these kind of times
where price had dipped down after you had bought on the peak price and i do understand that kind of feeling which could really be frustrating and you would really be angry.
Is there something you can do? There's none but rather better to be mindful and try to resist that panic inside you where you should hold and make
out some cheaper buys since these kind of opportunity cant really be seen often.