Never Trade On Emotions

[hamba laeh]

I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.

Many people lose money in panic when prices are falling, because they are afraid of losing a lot of money so they sell it immediately. we should buy coins when the price is down not when the price is up, so we can sell it back when the price goes up, maybe it all takes time and requires patience not emotion. so don't buy altcoins when the price is rising because it can make you lose.

[seleme]

Trading with emotions will lead to bad trading decisions sooner or later, better to learn how to trade with trading plan than randomly opening orders. Greed and fear are considered as bad emotions for newbie traders since they don't have clue how to manage trades if things go wrong,IMHO.

Well, whatever is decided because of anger, lust, greed, and others, which are related to high emotions, it will definitely bring losses. I do that often, and often at a loss for it. maybe, some tips for trading are

• take when you have profit
• don't be greedy
• don't follow someone, but do your own research
• don't sell or buy when panic
• be patient
• believe in what you have

however, when you choose to be patient and choose to make the best possible decisions, the risk of loss you get will be smaller.

Yeah, nice suggestions, almost bone of trading rules. Unfortunately, not everyone gonna obey the mentioned rules, they want fast results with wrong mental health. Risks are there always, as traders we have to be careful about money,risk management rules. Not all traders have the same level of patience, they prefer to go all in and get the all profit on the market than slowly building. Healthy trading decisions will bring the luck factor, so they will be able to make the same percentage gain on capital due to the rule of "patience is virtue", IMO.

[Hasan986]

On Emotions can be never traded. It is not possible to earn with emotions. Patience is the main tool in trade. Emotions should not be traded with any coins. Coins that will be upgraded in the future will have to be traded with those coins. We have to move forward with the aim of reality, not with emotions.

[thet]

I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.

Thanks for the advise, you are correct, never trade on emotions, do not panic when the price drop to avoid more loss of your amount of investment.

[kensaii]

Trading with emotions will lead to bad trading decisions sooner or later, better to learn how to trade with trading plan than randomly opening orders. Greed and fear are considered as bad emotions for newbie traders since they don't have clue how to manage trades if things go wrong,IMHO.

Well, whatever is decided because of anger, lust, greed, and others, which are related to high emotions, it will definitely bring losses. I do that often, and often at a loss for it. maybe, some tips for trading are

• take when you have profit
• don't be greedy
• don't follow someone, but do your own research
• don't sell or buy when panic
• be patient
• believe in what you have

however, when you choose to be patient and choose to make the best possible decisions, the risk of loss you get will be smaller.

I almost agree with all things you have listed except this one. We can have suggestions from experts and I think that's okay. Just the final decision to invest or not is yours to make.
Emotion sometimes has a positive impart too so don't forget about that.

[israt1@]

I agree with op. There is no gain in emotion. But if you fall in love and get greed, then greed is inevitable. Greed destroys people. When you see a token price going up, don't go to buy it. You take a little time. After the price increases, take time until it decreases again. Then decide what to do.

[Galley]

This topic has already been discussed many times, but still, no one really listens to such advice. Until the beginner feels the hard way that it is he will not understand. Having lost their money a couple of times, anyone will quickly understand how and what to do.

[Plinteng]

Regarding this, I agree and in fact I always advise people to use only part of their money for long or short positions because then you can flatten the price more easily. The next thing is to prepare psychologically and knowledge for every transaction etc.

[Rigon]

Yes one should never trade with emotion. You should not take trading without a complete market analysis. It has been seen that sometimes many people make a wrong decision without losing a lot This causes huge losses in trading and loses profits. So I would say that if you want to trade, you have to do a complete market analysis and start trading with you.Then you will start trading.

[Sihab76]

The word emotion should never predominate in cryptocurrency, emotion will not work in trading platforms because cryptocurrency only predominates in real things. Someone to trade on emotion Don't go.

[Lantind]

Panic is a major problem for traders, especially for those who are still beginners, most of them invest based on what they hear from others without doing a detailed research, so that their emotions are unstable when facing fluctuating market conditions.

And if they realize that they are still very minimal about trading and investment knowledge, these newbies should have more questions and learn through their own research to prove every word they hear from other people.

[carlisle1]

I agree with op. There is no gain in emotion. But if you fall in love and get greed, then greed is inevitable. Greed destroys people. When you see a token price going up, don't go to buy it. You take a little time. After the price increases, take time until it decreases again. Then decide what to do.

Take time to analyze and keep yourself away from any emotions inside, greed blinded you up when you are dealing with this market,

the more you attached yourself the more you take for granted other indicators, following
without doing your research will harmed your investment. Emotion should be separated from your decision making.

always be reminded that in most cases people who trade with their emotions regrets the outcome,
work more with the strategy and patterns that you'll going to use instead of following any emotions inside you.

[trauchot]

I fully agree with you, as different emotions lead to the loss of your money, I also had such experience, long time ago I also started to learn cryptocurrency trading and because of various emotions I did a lot of mistakes in cryptocurrency trading and because of this, I lost a lot of money, but after receiving experience in trading, I already understood what to do and how to control myself and so now I am no longer making that huge mistakes in cryptocurrency trading, and also I am very rarely engaged in cryptocurrency trading because its very hard to make profit in crypto trading and it takes too much time.

[Lantind]

Everyone has emotions sometimes not in the right place, if trading with emotions in crypto only makes us lose money, something similar happens only to new players they are very ambitious to make profits in the near future, here we can conclude trading only using good analysis on every move market that way what we are looking for from crypto will be achieved.

Actually it's very clear that in terms of any work one must have a very healthy mind and no need to bring emotions to finish it, because now whatever we do there must always be a strategy and also a way to play it, if that doesn't exist, then success will never exist at all.

[Banulit]

I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.

That is true that the main reason why people lose in trading is because they tend to use their emotions instead of looking for technical and fundamentals of trading. They tend to get afraid and scared every time they see that the market is falling but its a very wrong move I think.

[Benefactor]

The cryptographic money market is large and adaptable with much feelings credited to it when exchanging or contributing. Exchanging with cash you can't stand to lose can likewise trigger feelings that could influence one exchange. You can cost normal and purchase each time it goes down or up based from your financial plan. That is a successful system so you don't botch each purchasing opportunity or at whatever point a cost goes down and one more round of lessening occurs.

[Lantind]

That is true that the main reason why people lose in trading is because they tend to use their emotions instead of looking for technical and fundamentals of trading. They tend to get afraid and scared every time they see that the market is falling but its a very wrong move I think.

They are afraid not because of emotions or lack of techniques and fundamentals in trading, but rather because they are impatient and think broadly when they have been trading in a matter of months or years.

[pauloaragaomelo]

That is true that the main reason why people lose in trading is because they tend to use their emotions instead of looking for technical and fundamentals of trading. They tend to get afraid and scared every time they see that the market is falling but its a very wrong move I think.

This category includes trading beginners who do not have an ideal understanding of the crypto world, but they tend to take advantage of the bull run moment for instant profits, when the market correction conditions occur they will cut losses because they are unable to control emotions due to losses from short-term trades, that's the risk in trading if there is no knowledge then there should be a need for crypto trading analysis knowledge.

[Sanitough]

That is true that the main reason why people lose in trading is because they tend to use their emotions instead of looking for technical and fundamentals of trading. They tend to get afraid and scared every time they see that the market is falling but its a very wrong move I think.

This category includes trading beginners who do not have an ideal understanding of the crypto world, but they tend to take advantage of the bull run moment for instant profits, when the market correction conditions occur they will cut losses because they are unable to control emotions due to losses from short-term trades, that's the risk in trading if there is no knowledge then there should be a need for crypto trading analysis knowledge.

Because they don't fully understand how the market behaves, then their decision will eventually result in losses in the long run, riding when the market is in a bull run requires extra precaution as anyone could also dump due to the result of market manipulation.

So, anyone who has little knowledge that witnesses a big dump might easily panic thinking the bull run is over and the price will dump hard, they are thinking of taking advantage but in reality, they were the one who was taken advantage by the whales or the market manipulators.