Emotions should never be traded.

[otundebis]

As long as you have blood in your being,  from time to,  traders still trade emotion in the market.  I think mastering emotion before,  during and after reading activities come with experience and self discipline.  If you as o trader can not hold the line of your logic against the flood of your emotions,  don't give up,  you will master your emotions very soon as you trade regularly!

[BruceLee98]

Absolutely right. Do not trade or put your emotions first in the market. We are all humans and obviously emotions are inherent so the best way is to learn how to manage your emotions when the market is against your analysis. But always remember that immediately you start to trade your emotions first, things starts to look frustrating for you so its always advisable to learn and master how to manage your emotions while trading.

[Anguwa]

This is indeed a very good advice and an idea mostly to beginners in bitcoin and crypto trading in general. As most of the beginners will not even follow dew process by trying to learn something about Bitcoin and cryptocurrency in general, they just Starr trading based on emotions and it end up failing.

[dunfida]

That's why before trading, it's better to prepare mentally so that we don't get carried away by emotions. The ups and downs of the crypto market have caused a lot of people to mess up so they sell their assets at random. if it continues to happen when the crypto market is falling then it will certainly worsen the market price. keep control of our emotions and don't be provoked to get big results. play carefully and thoroughly so that we can get the profit as expected.

That's right, and in order to make a trade, it's very important to hold it long term. No matter how much the price drops, if the Altcoin we invest in is a Potential Altcoin, I am sure that in the future the price will recover. Anyone should have other money to meet their daily needs before deciding to invest.

I think you guys might forget about the day-trading just were talking about long term .However in every types of trading which you are following you need to know control your emotion .It is the reason for loosing the fund mostly .You always need to trade accordingly your strategy and make level where actually really wanna exit .If you think more after entering your trade you may loose your trade .This is the emotion actually how it play with us .

I completely agree with you, no matter what trading style you choose, emotions will always play a certain role.

Emotions could neither give out some positive or negative effect because we cant really just say that it isnt really making out some positive effect too because there are instances that we do follow up our own instincts or emotions on times that we are really on a hard situation whether you should hold or sell.

There are actually some good calls that you do able to get out or get in on the right time which do ends up for you to be profitable or had really cut lose in a good way.

But overall aspect then emotion is something that should really be need to be controlled upon because if you dont then expect the possible mess up.

[lepbagong]

That's why before trading, it's better to prepare mentally so that we don't get carried away by emotions. The ups and downs of the crypto market have caused a lot of people to mess up so they sell their assets at random. if it continues to happen when the crypto market is falling then it will certainly worsen the market price. keep control of our emotions and don't be provoked to get big results. play carefully and thoroughly so that we can get the profit as expected.

only those who are experienced in trading will be able to be able to, as you say, "prepare mentally and not get carried away by emotions". Experienced people are able to put themselves in controllable situations, even if they experience bad things. but do not underestimate the new people in trading, that they are also capable of doing that. in the end it all also depends on the situation that can make everything change not according to expectations.

The crypto market is indeed unstable, I agree, that's why we are required to be able to anticipate and analyze well, so that what we will do is according to what we want. To get the right profit, of course you need patience and not to be greedy, if it's time to let go and it's in accordance with what we want, it's good to do it. waiting to find more can certainly make things the opposite of reality.

That's right, and in order to make a trade, it's very important to hold it long term. No matter how much the price drops, if the Altcoin we invest in is a Potential Altcoin, I am sure that in the future the price will recover. Anyone should have other money to meet their daily needs before deciding to invest.

holding on for the long term is not the best alternative either, we have to look at the situation and what we hold on to for the long term. if it's bitcoin and ethereum, I really agree because they can and it's very certain that in the future the price will increase.
but not for other altcoins because the price may drop in the future, and it may even no longer exist on the stock market.

Potential altcoins, obviously and I agree if you want to invest in the future but don't take too long either, always see what happens at CMC, whether the movement chart or market capitalization is still good. Of course, if it's still good, we can always make it an investment.

Of course, it is true that investment clearly requires funds, if possible, funds that are not used so that they can be more focused and not disturbed by needs. which will result in us being tempted to let go because the need must be a priority.

[Shasha80]

Absolutely right. Do not trade or put your emotions first in the market. We are all humans and obviously emotions are inherent so the best way is to learn how to manage your emotions when the market is against your analysis. But always remember that immediately you start to trade your emotions first, things starts to look frustrating for you so its always advisable to learn and master how to manage your emotions while trading.

Controlling emotions is very important when we are trading, because in making decisions in trading, it should not involve emotions. Otherwise
the decisions we will take will be wrong and we will end up losing a lot of money when trading. Although I admit that as humans it is very difficult to
control our emotions, so it is very natural that we find more people who fail when trading than people who get rich from trading. But if we have
strong intentions and regularly train to control our emotions, I'm sure slowly we can start trading with controlled emotions. Sometimes it takes quite
a long time, so that we are trained to control our emotions when trading, indeed success is not instant.

[bhooscream]

Never trade based on your emotions. Calculate carefully before investing.

I agree with this. Trading by emotions will lead to the loss only. Better to be careful and control ourselves from buying based on emotion or panicking. There are already many people who experienced bad stories because they cannot control their emotions, just invest or trade on a panicking or emotional basis. At the end of the day, they lose huge money and leave crypto market with a bad ending.

Well, calculating or analyzing everything before buying, is a must. This plays a big role to determine the chances for profits and security in trading/investing.

[Lordhermes]

It should be known by every trader,that trading is a game of risk,so putting your emotions in trading will cause emotional trauma which will damage your health.
Trading should be done with the mindset of,what ever happens is accepted.When one gets this type of mindset,  losing will never cause so much pain,and if you notice that your heart is too delicate and you are ways too emotional,I think trading is not good for you.
It is for the hard hearted,the ones that are emotionless and the ones that are never scared of losing.
To me,losing is an experience,when I lose,I learn from the mistake I made that makes me loose,and by so doing,I don't see the reason why I should cry when I lose money.

[King Raymond]

I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.

You made real good points here. But feeling relaxed when the market is going down is not always the right move. You could lose a lot of your investments which may cripple you from moving to better coins.
Diversifying your portfolio will keep you on the safe side when dips happen

[andriarto]

Everyone knows that for good trading you should control your emotions. Just because emotions are not good thing and it cause numbers of people to loss their money. Some people are in fear that the price will down more and more and due to this fear they sell at low price and loss their money. Emotions are very harmful. Sometimes an individual does not wait and their greed become a great cause of their loss in trading.

[Fakhrulenclix]

I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.

Every human being has emotions that are very difficult to control, especially when you have made a mistake, of course, if you don't have a knowledge base, the next mistake will continue to happen.
What should be avoided in trading is greed, that is what destroys greed. it would be nice before jumping into trading, you should have basic knowledge of trading and also bring minimal capital at the beginning of trading to get experience, because the most important knowledge is your own experience, be it a bad experience or vice versa.

[Alisha FR]

Everyone knows that for good trading you should control your emotions. Just because emotions are not good thing and it cause numbers of people to loss their money. Some people are in fear that the price will down more and more and due to this fear they sell at low price and loss their money. Emotions are very harmful. Sometimes an individual does not wait and their greed become a great cause of their loss in trading.

True, emotions will only end in regret. With very unpredictable market conditions, making traders in a dilemma and difficult to make decisions, so knowledge and experience are needed to avoid making wrong decisions when trading in the next trade. As you said about greed, greed will ultimately mess with emotions. So it is very important to set targets in trading.

[dunfida]

Everyone knows that for good trading you should control your emotions. Just because emotions are not good thing and it cause numbers of people to loss their money. Some people are in fear that the price will down more and more and due to this fear they sell at low price and loss their money. Emotions are very harmful. Sometimes an individual does not wait and their greed become a great cause of their loss in trading.

True, emotions will only end in regret. With very unpredictable market conditions, making traders in a dilemma and difficult to make decisions, so knowledge and experience are needed to avoid making wrong decisions when trading in the next trade. As you said about greed, greed will ultimately mess with emotions. So it is very important to set targets in trading.

But there are some times on which our emotion do really save our ass up but those are on close call situations on where you do really able to make right decisions on not to make any steps further or did really take out

profits just because of some intuition or hunch but doesnt mean that even it turns out to be good you would be basically be following this kind of behavior on next trades you would done because

having these close calls isnt gonna work on next time most of the time so you should be prepared or aware on this thing.

[blackened515]

One major problem many traders face is fear. They are always afraid when the price start going down and they basically sell everything and end up losing. They lack confidence and patience. Just as the OP said, before getting into the market, you should firstly study the coin you probably want to invest in carefully, if possible make research on it. Then if after Investing and the price start falling, you don't have to panic. Just be patience, and give it some time, it will rise back. As a trader, you don't have to be too emotional. Remember, Crypto Investment is for the strong hearted.

[checkmatesir]

Trading doesn't work on emotions I think, it is completely a different type of business in which keep calm is the only key to get into more profit, some traders just losses their money due to being so much desperate, which is a sign of loss in trading, getting into desperacy leads traders to impatience which results in loss during trading.

[Xampeuu]

Trading doesn't work on emotions I think, it is completely a different type of business in which keep calm is the only key to get into more profit, some traders just losses their money due to being so much desperate, which is a sign of loss in trading, getting into desperacy leads traders to impatience which results in loss during trading.

on the other hand, they do not have enough knowledge in cryptocurrency trading, and tend not to have enough experience, so panic sells are prone to happen to them. greed often arises and makes the mind confused so that the planned strategy is not carried out properly. therefore it is necessary to learn and process in this business

[suryogandul]

beginners usually lack in emotional analysis, they are prone to FOMO and cause panic sell. even though if you are patient I think it will be easier to get the best position than to be stuck in FOMO and result in big losses in trading. in this case we must really learn about emotions and combine our thoughts for something better in the future

[btc78]

beginners usually lack in emotional analysis, they are prone to FOMO and cause panic sell. even though if you are patient I think it will be easier to get the best position than to be stuck in FOMO and result in big losses in trading. in this case we must really learn about emotions and combine our thoughts for something better in the future

We will learn from our mistakes and this means it is normal to commit mistakes for a while and use that as tools to not fall into the same false decision again.
there are many option to make money in crypto and not only in trading , if you are emotional attached then never enter trading instead put your funds in other way like skill offering or even Holding from the smallest coin to the largest.
small amount each wont hurt us that big and the opportunity is also high.
diversifying is the best tools if you cannot  get deeply in trading so Emotional or not? there is a place for everyone here.

[Mubarrak95]

Trading doesn't work on emotions I think, it is completely a different type of business in which keep calm is the only key to get into more profit, some traders just losses their money due to being so much desperate, which is a sign of loss in trading, getting into desperacy leads traders to impatience which results in loss during trading.

If you're talking about those who lost out of desperation, I don't think this is possible. In fact, if there is despair with market conditions that are being dumped on a large scale, we even choose to trade or hold because we no longer care about market conditions. But if it's based on emotion, we're in a hurry because our minds get out of control and make decisions very quickly, despite the downsides.

[Jazzi Mahesh]

You cannot trade in Forex Trading while you have lost a lot and your mind is not in the correct place.