A genius or an idiot?

[usernameyaya]

The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?

[Gozie51]

It is not a feeling of being an idiot or feeling of being a genius, it is just that out come of trying to make profit which can go into either way. In life and trying to survive you don't know what is ahead of you and whatever comes is your destiny not a choice but you can only try to be better in whatever you do. Losing doesn't make you an idiot or winning will not make you a genius. Fate is powerful and learning to succeed makes our fate more positive than negative.

[Hyperechos]

This is not a genius or an idiot, but you are too eager to make money in this market and cannot bear the impact of the rise and fall. When the price increases, you will worry about not buying, and when the price drops, you will worry about not selling. When you hold Bitcoin, you will attribute the decline in the price of Bitcoin to the FUD news, which is just a tool for the whale to manipulate the market.

[lovemycar]

When your analysis comes from news and news, and when your judgment comes from various technical indicators, congratulations, you have been successfully deceived. The only way to hold things for a long time is the emergence of digital currency because of consensus. It will also be profitable because of consensus and belief. Otherwise, it is to be slaughtered.

[livingfree]

The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?

We'll all be genius someday if we keep our patience.

People will look to us one day in the future that we're brilliant and genius because we've invested earlier than them. Don't mind the FUD, it's part of the market.

Mind your future and keep holding the best cryptos.

[The Sceptical Chymist]

OP, if the market can make you feel like an idiot or a genius, I'd suggest you think you have more control over it than you think.  Unless you're someone like Warren Buffet--who is a genius--you're just lucky or unlucky, especially if you're talking about crypto markets, where there's no fundamental analysis to do (no matter what anyone tells you) and nothing but news, rumors, and TA to work with.

Therefore, if my paltry crypto holdings suddenly spike I don't start thinking I'm a wise investor who's smarter than anyone else.  Conversely if they tank I don't call myself stupid for having the positions I have.  My advice: don't make trading/investing a personal thing; stay right-sized; and realize that the market does whatever it wants, and any gains or losses you make are due to chance.

[mk4]

Why are you reacting to daily price movements in the first place? Unless you're day trading, then you should be capitalizing off both price rises and price drops. If not, then why just wait til your investments appreciate in price? If you feel stupid if prices go down then you might not know what you're investing in, hence the lack in conviction.

[btc_angela]

The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?

I'm not really sure what you mean by feeling genius or idiot in the market. As for the feeling regarding FUD or news globally, I'm not affected by it. I just try to read between the line and then see if it has a drastic effect on the market. And then I don't do anything, just continue to hold and totally grind it everyday. Of course if I have some extra then I would invest. The best thing to do is like what others have been doing in the past, don't be emotionally attach, and just let the market continue it's natural course.

[TheNineClub]

The market will always make you feel like an idiot. This is just gambling in its essence and that will always make you feel like an idiot Maybe for the better, as if it was the other way around, feeling like a genius, that will lead you to a false sense of security and could eventually lead to bolder moves, riskier investments and bigger losses. I'll take the idiot route.

[Reid]

If that won't happen, you won't learn a single thing about the crypto market.
There will be moments that you need to be cornered to push through.
I have invested again in some NFT during the dump, I think it's a good chance for an entry especially for expensive NFT tokens that are circling around.
Now that the pump is happening I may harvest some of it and think I am a genius. Or, will I be an idiot rushing the profits. I'll take anything as long as there is profits.

[zanezane]

If you're cocky about what's happening with the market right now, I feel like this is going to be a dilemma for you because a smart person don't panic when the market goes down, they either find a way to make money out of it or even use it as an opportunity to accumulate more bitcoin.

[Rruchi man]

Therefore, if my paltry crypto holdings suddenly spike I don't start thinking I'm a wise investor who's smarter than anyone else.  Conversely if they tank I don't call myself stupid for having the positions I have.  My advice: don't make trading/investing a personal thing; stay right-sized; and realize that the market does whatever it wants, and any gains or losses you make are due to chance.

I so much love this perspective. This is an orientation to give yourself, either you in luck with your crypto or out of luck one day. It's like fishing on a particular spot in the river, you hold your position, cast your hook and wait. You don't call yourself a genius because your hook caught some fish after a while, neither will you call yourself an idiot for not getting a catch that day, it's all a matter of luck.

Having this mindset can keep your emotions in check rather than choosing to call yourself a genius or an idiot. If you call yourself a genius, the name may even get into your head and make you make decisions with emotions, which we know is dangerous.

[Wexnident]

Well if you felt stupid, it's either you're pretty new in trading, or just that you're indeed stupid. Pretty much anyone with experience would know that the market could and definitely would destroy your expectations and shouldn't really be underestimated. Gains and losses are a part of trading, it's nothing to feel bad or wrong for. If you obtained a loss, move on, if you actually stick and get all emotional about a single damn trade, stop it, it's not for you. You'd be doing thousands of trades in the future and if one trade gets to you that much, then it really isn't for you.

[ultrloa]

The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?

Did you lose your money from the current Fud happened that's why you ask the community here to seek if there's someone get panic from the fud happened lately? Maybe you can only find few members here got into that situation but for experience member who see so many fuds happened they are just relax and thinking about buying at the dip so maybe next time if fuds happen buy when everyone is at fear and sell when everyone is in FOMO.

[newwest]

If you have your own research and study and have patience and believe in what you do, then some days may not be right for you but in the end you will be bale to make returns that you had desired from it and that is what will matter in the end as for some days/months you would not like to miss a lifetime opportunity.

[Lucius]

5 or maybe 6 years ago I was told I was an idiot because I invest in Bitcoin, and today most of those same people say I’m a genius - I honestly don’t care what people think, especially those who can’t see ahead of more than a week. For anyone who doesn’t understand their investment the right way there will always be times when they may feel like idiots, but it’s a problem that everyone needs to solve on their own.

Life is not a straight line that we walk, so nothing in our lives should be understood in such a way - ups and downs are also an integral part of any investment, but in the end, only the end result is important.

[el kaka22]

Honestly the most probable assumption is that most of us are not geniuses or idiots. Sure there could be some super smart people or some morons, that is true for every group in life, take any group in the world and you will find smart people and idiots in that group as well.

Crypto community is not any different neither, it is similar in the sense that there are people who are idiots and there are people who are super smart as well. We should not be focusing on anything that make us feel like we are a genius because that just means we were smart to make that move for that day but a few days later we could do something wrong as well. We also should not feel an idiot just because we made a mistake, that doesn't mean that we are idiots, we just made one mistake that one day but could make a great move a few days later. Understand that we are fine and not extreme sides of a situation.

[Bitstar_coin]

The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?

Exactly as you described it, sometimes you make the right decision and you feel you know it all, other times you make a poor decision and you keep feeling bad and wishing you did things differently,  crypto is full of surprises so I try not to get carried away, anytime I made a bad decision I accept my mistake and try to learn from it rather than feeling sad.

[jaberwock]

Losing doesn't make you an idiot or winning will not make you a genius. Fate is powerful and learning to succeed makes our fate more positive than negative.

Yes that’s right, losing doesn’t make you an idiot. And it doesn’t mean that you don’t have any chance left for you to win later. We already know how the market can be unpredictable so many times, so if you invest and it doesn’t work out that time, you can accept it and try again later. Whenever the time is right for you to gain from the market you’re going to do just that.

Calling yourself an idiot and giving up just because you lost doesn’t make any sense. Even if you win and you are feeling like you’re a genius, then you are forgetting you can still invest the next time and lose. We just have to keep on working hard and hoping that things go the right way.

[wxa7115]

The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?

This is very common, during a bull run everyone looks as if they are the best investor in the world as every day they are getting profits and this reinforces that feeling, however we need to be realistic, like most things in our lives your real skills really shine when adversity hits you.

You can clearly see who was just lucky and who is really good when the bad times come to this market, in many cases those that were just riding the good times lose more money than what they earned, while the good traders still make money during the bad times, so do not let those feelings blind you to the truth as more than anyone you know your level of skill and how capable you are.