In every business, there could either be gain or lose whichever way it comes and individual should be very much ready for any of this, attaching emotions to business might not really be a good idea because you needed to emotionally strong enough to enable you make decisions with the right sense but not under the influence of your emotions. that is to say emotions should be completely out when it comes to business if not you might not be able to make good and significant progress in your business.
Well nah normal thing to dey feel emotions sha , because we humans are emotional beings. But make we still try dey suppress am so that e nor go dey affect us negatively expecially in anything related to earnings in this space, I remembe back then make I dey think say with trading I go make am big , till I understand that trading is not for the weak , because back then most of my losses was caused by lack of emotional management, because any small loss like this I dun lose am I nor con dey think straight again wetting go dey my mind nah how to get wetting I loss back (which is greed ) as sign of my emotions getting the best of me .
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I posted a thread recently in the trading discussion, however, I thought of bringing this to the local group I wan hear opinion from my brothers I got some replies both negative and positive though and I wan make we discuss. Not everyone might like to talk on emotions but let's know that both investment and trading get emotions to deal with .
So the question is are we to worry about emotions not in trading now but in investment because investment could get to some point and we will......... you understand.
I want everyone to flow with this thread , no diving deeper into investment that much in your replies please
Well emotions is very uncontrollably feelings in life whether I'm trading or in investing, we can't control our emotions no matter how hard we try, it's just a natural occurrence but what matters is how we handle things when we are emotional so whatever thing we do we should tread with caution to avoid being a victim of loss and also getting into problem because it can lead to mental disorder and high BP so let's be mindful of our emotions when doing things in this life.
Normally is not easy to control emotions, but still one can manage it by following some nice principles. Inorder to put your emotions in check so that you won't endup making some crazy decision that will endup causing you more pain or losses. For Instance there's this popular saying or principles expecially in trading and gambling. The principle goes like this if you dun too loss and you see say your emotions wan dey get the best of is better to stop that thing first and engage with other activities so that you can have time to get your head back in the game.
IMO I don't actually see any reason why one should let his emotions get the best of he or she when investing in Bitcoin expecially as long time holding. And Expecially this time around when everywhere wan green due to the bull run , nah to just accumulate, hodl and avoid any means of checking Market on a regular. If dip come nor too stress yourself just purchased the dip if you get discretionary funds .