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Author Topic: After losses don't let emotions weigh you down  (Read 1327 times)
Fiasem20
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Today at 04:16:28 PM
 #161

In conclusion
Loses occurs everyday, although is painful but don't let it weigh you down, Quickly learn from previous mistakes and apply self discipline.
Humans are naturally bound to feel pain whenever they lost their hard earned money to an investment or a project.But just as you’ve said don’t let that pain weigh you down,as the pain heals find something doing to distract your mind form remembering the pain.Anyways,what pain are you referring to?it’s quite certain that investors don’t incur losses like traders do.Except they got scammed,otherwise they’re only focused on their accumulation journey and also updating themselves with the current scam tactics but as for trader this context belong to them because they incur lot of losses whenever the market is against them.So crypto traders are the set of crypto users that often become moody whenever the incur losses,investors gat no business with incurring losses all the time.

Wiwo
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Today at 04:33:07 PM
 #162

In conclusion
Loses occurs everyday, although is painful but don't let it weigh you down, Quickly learn from previous mistakes and apply self discipline.
Humans are naturally bound to feel pain whenever they lost their hard earned money to an investment or a project.But just as you’ve said don’t let that pain weigh you down,as the pain heals find something doing to distract your mind form remembering the pain.Anyways,what pain are you referring to?it’s quite certain that investors don’t incur losses like traders do.Except they got scammed,otherwise they’re only focused on their accumulation journey and also updating themselves with the current scam tactics but as for traders, this context belongs to them because they incur a lot of losses whenever the market is against them. So crypto traders are the set of crypto users that often become moody whenever they incur losses; investors have no business with incurring losses all the time.
Losing money is the most painful part of gambling, and that is why many people get addicted to chasing their losses, and for that reason, most of the time, the real fun in gambling mostly comes from the winnings.

Emotionally draining is one of the negative aspects of gambling, which is something we must agree with before we set out to gamble for the first time.

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drangos
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Today at 04:34:00 PM
 #163

I believe the difference was to be willing to take the risk of volatility versus not being willing to learn from a failure. If the price fell, that doesn't necessarily mean the investment thesis was incorrect, but selling in panicky times can cause a temporary loss to become a permanent loss. just hold is also not a totally viable strategy, though. A major drawdown could cause significant issues if someone invested money that they are likely to need in the near future. Making sure that you have a realistic time frame, have a small position size and have a decision on how much risk you can take when things get tough can eliminate emotion from your investing.

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