fuguebtc
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August 25, 2021, 03:00:18 PM |
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Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.
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Golftech
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August 25, 2021, 03:33:19 PM |
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Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.
As even you already have good experienced but there's time that this emotion still controls you and lead you to lose your opportunities. There are traders who suffer from this mistake, thinking that everything was on plan but along the ways changes due to emotion and greed instead of quitting they tend to push forward they will only realize the wrong doing when they already lose their money.
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Botnake
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August 25, 2021, 04:03:19 PM |
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Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.
As even you already have good experienced but there's time that this emotion still controls you and lead you to lose your opportunities. There are traders who suffer from this mistake, thinking that everything was on plan but along the ways changes due to emotion and greed instead of quitting they tend to push forward they will only realize the wrong doing when they already lose their money. Not just in trading or investing emotions is involved, but even to all actions that we have done, emotions there are still involved. So it's very hard for us to trade without the emotions in it since it will always be our best enemy that's so hard to fight with. Even those experts in trading are never excused from battling from their emotions so as to come up trading successfully. Greed is something that we should learn to combat with once we are into this kind of industry. As long as its always present, it will never help us gained the profits we work hard for. But instead, it will be the cause of our losses that we traders are always afraid of.
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CaVO32
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2021, 10:59:55 PM |
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It's like that if we decide to become active traders. but if we decide to become investors, then we will not often see the prices that occur every day on the coins we have. it's just that we'll see in a few months/years about the price of the coins we have. so in essence if we invest there will be less risk of loss than being an active trader
But don't forget to follow the updates the coins that you invested with. Because if not, you will be surprised if the project has been abandoned already or their site is already gone. This happened to so many alts so you need to keep up with their developments. Also, in terms of trading, once you execute your trade, move on, don't check again and again if what you did is right. Because you will go crazy if you will do that, especially if the coin's value increased after you traded. I learned my lesson on that part.
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batang_bitcoin
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August 25, 2021, 11:22:00 PM |
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You have all of those but in the end, you'll still be having bad experience due to the situation that you have to deal with. Even the best traders do also feel panic and they cannot contain it. No one is exempted with that when you trade because it normally happens whenever we see the market isn't in the shape that we want to see.
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves. Yes, that's how it should be. You're not weak if you know when you have to retreat. As for holding, it do matter that you have complete faith with what makes you hold even if you have to retreat. But sometimes, yeah, it should be the solution for you to take some time and have a rest. Go back when you think you're stronger and you can manage to beat your emotion.
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Rent this sig space so that BTC goes to $100k.
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Natalim
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August 25, 2021, 11:40:02 PM |
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Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.
Well it's definitely a battle between your mind and heart and if you only follow your own emotions, then it will never lead you in a positive way but more likely end up losing. This is why we traders and investors should separate our emotions from our investments so we can have focus and determination on the goal we have set to achieve. But this is just easy to say but hard to apply when you're in the real scenario. You will still gets affected with what your emotion says and there's nothing we can do about that but control it as much as we can. Even the legendaries here still share the same feeling and there's no one here will be excused to that. So definitely self-control is the hardest thing to do.
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Reatim
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August 26, 2021, 07:01:09 AM |
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Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves.
Going forward with the concept of greed is a very bad thing and will cause everyone to be harmed by their own actions, so it is still better to retreat than go forward with greed, because that is not a good thing to do. There is no wrong when retreating if you know what you are doing. Our emotions must not intervene in our trading or investing strategy , because our mind must control of everything specially if we have plans in what we are doing. It's like that if we decide to become active traders. but if we decide to become investors, then we will not often see the prices that occur every day on the coins we have. it's just that we'll see in a few months/years about the price of the coins we have. so in essence if we invest there will be less risk of loss than being an active trader
Trading for daily basis is far from buying and holding. so we must know where to stand, if we will be a trader or will be a Holder.
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xzone
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August 26, 2021, 07:03:32 AM |
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Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You need to be more careful when making long-term investments, you should constantly follow the updates
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Shasha80
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August 26, 2021, 08:27:17 AM |
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You have all of those but in the end, you'll still be having bad experience due to the situation that you have to deal with. Even the best traders do also feel panic and they cannot contain it. No one is exempted with that when you trade because it normally happens whenever we see the market isn't in the shape that we want to see.
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves. Yes, that's how it should be. You're not weak if you know when you have to retreat. As for holding, it do matter that you have complete faith with what makes you hold even if you have to retreat. But sometimes, yeah, it should be the solution for you to take some time and have a rest. Go back when you think you're stronger and you can manage to beat your emotion. emotions become the muddler of our clear mind to analyze and determine attitudes. lest we take the initiative when emotions dominate, so that this can make mistakes in acting. but unfortunately humans cannot be separated from emotions, so we must be able to manage it and still be able to think clearly Of course we may not be able to make the right decisions when our emotions are not controlled, which will make us suffer losses. In investing or trading it is very important to control emotions, because we need to do analysis before making decisions, if our emotions are not controlled will make the analysis results are not optimal. It's not easy to control emotions sometimes for some people it takes a relatively long time to really control their emotions. But controlling emotions does need to be done gradually and with time we will start to get used to controlling our emotions. As long as we try nothing is impossible.
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globalpain
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The OGz Club
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August 26, 2021, 09:40:41 AM |
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Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You need to be more careful when making long-term investments, you should constantly follow the updates I think panic itself will cause us to lose and things like that must also be realized. whether we make long-term or short-term investments, we still need to be careful, we must be able to control the panic within ourselves
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traderethereum
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August 26, 2021, 09:54:42 AM |
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Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You need to be more careful when making long-term investments, you should constantly follow the updates Many people sell in a panic because the price starts to go down and do not think that the price is making a correction and they need to be patient for a while. They did not see the chance to accumulate more amount when the price is down instead of the following panic in the market. When it comes to the investment, they need to have patience and have the other things that can help them avoid thinking about the price moves. We really need to manage our emotions and not just listen to the news that we do not know if that news is real or fake so we can keep the investment until the time is come to sell the investment.
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batang_bitcoin
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August 26, 2021, 10:22:30 AM |
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You have all of those but in the end, you'll still be having bad experience due to the situation that you have to deal with. Even the best traders do also feel panic and they cannot contain it. No one is exempted with that when you trade because it normally happens whenever we see the market isn't in the shape that we want to see.
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves. Yes, that's how it should be. You're not weak if you know when you have to retreat. As for holding, it do matter that you have complete faith with what makes you hold even if you have to retreat. But sometimes, yeah, it should be the solution for you to take some time and have a rest. Go back when you think you're stronger and you can manage to beat your emotion. emotions become the muddler of our clear mind to analyze and determine attitudes. lest we take the initiative when emotions dominate, so that this can make mistakes in acting. but unfortunately humans cannot be separated from emotions, so we must be able to manage it and still be able to think clearly We cannot be separated from our emotions but we can control it. I sometimes feel that I cannot control myself so I act as if I'm doing something forcefully just to take out what's inside of me. I know that seems to be odd for some but when you're emotional with something and you cannot control it anymore, you tend to do things just to put your emotion into it instead of letting it stay inside you.
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Rent this sig space so that BTC goes to $100k.
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Chato1977
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August 26, 2021, 11:08:18 AM |
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Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You need to be more careful when making long-term investments, you should constantly follow the updates But depend on your capacity to keep the coins mate because others are just leaning for their income in short period of time. and when the market dumps for a day or so they are already panicking because they have no other resources to take funds for living.
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wmaurik
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August 26, 2021, 11:15:39 AM |
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There is no wrong when retreating if you know what you are doing.
Our emotions must not intervene in our trading or investing strategy , because our mind must control of everything specially if we have plans in what we are doing.
It's true, emotions must always be separated from any trade, because Emotions are not a good solution for all jobs, because completing work is not with Emotions, moreover everyone has specific targets to achieve their own profit goals.
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michellee
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August 26, 2021, 03:16:38 PM |
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Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices. But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
That is why before you decide to trade or invest in any investment, you need to make a plan and try to stick with that to minimize the risk that can happen later. When you decide to invest in crypto, especially bitcoin, you can just buy and forget it for a while and not watch or monitor the price every day because that can make you panic and forget your plan. If you can manage your emotion, you will calm down if the price fluctuates or getting down because you will hold your coin tight.
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sarmrakib
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August 26, 2021, 04:03:39 PM |
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Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices. But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
Holding token is not always proiftiable if you fail to enter on the right time on the market .I think we just need to invest on the top coin where holding can help us to get profit .If you choose the most new project to hold it will always test your emotion even can scam .So that we always need to choose the right coin first then hold our nerve for long time hopefully we will get profit fore sure .
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Ronzybloch
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August 26, 2021, 05:22:06 PM |
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Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices. But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
In this market situations i will say stay away from the market and see what is happening ? Stragety is important in trading , don't be fear and don't lose your emotion while trading , trading is a skill first learn it how to trade ? Don't be lose and don't be greed .
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Mahdirakib
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August 26, 2021, 05:54:05 PM |
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That is why before you decide to trade or invest in any investment, you need to make a plan and try to stick with that to minimize the risk that can happen later. When you decide to invest in crypto, especially bitcoin, you can just buy and forget it for a while and not watch or monitor the price every day because that can make you panic and forget your plan. If you can manage your emotion, you will calm down if the price fluctuates or getting down because you will hold your coin tight.
Investors can buy and hold their crypto for a long time. But nowadays it's not possible to forget about the investment for a while. The market is highly volatile now. As example: I'm not afraid of the price fall, I don't have the plan to sell my coins but I visit Coinmarketcap several times in a day to observe the price movement. But day traders become afraid for the price drop. And there is no way to stop their panic. There is no problem to be panicked but we shouldn't sell our coins by being panicked.
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irixo10
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August 26, 2021, 07:31:13 PM |
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I think to be a successful trader, the person needs to try as much as possible to put his emotions in check, although everyone in the crypto space needs to do so, but a traders needs it more than an investor, because a crypto trader trades everyday while an investor can invest and leave it for long term. Also, whether the person is both a trader and an investor, managing emotions needs to be taken with serious concerns else mistakes might be the order of the day, and while an investor can easily manage the mistake a trader will find that hard to do, because most mistakes made in trading leads to loss of funds or trapping of funds because the intention was to trade and not to hold, hence being a bagholder.
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wxa7115
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August 26, 2021, 09:38:50 PM |
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Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices. But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
I completely agree that emotions play a very important role when you are trading or investing, this is why I have always thought that having emotional intelligence is very important when it comes to taking the right financial decisions, and the reason is very simple, the market presents very adverse conditions and most of the time the decision that your emotions want you to take is the wrong decision and you need to be able to overcome those emotions and still do the right thing. And unfortunately this is not easy to do because as we know people have the tendency to be very emotional especially when it comes to their money, which is why very few people can succeed as traders or investors.
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