Investor Cycles & Emotions

[proudhon]

I'm starting to feel desperation now. Where is the volatility? Where is the liquidity?

Where is the liquidity?  You're joking right?  I assume you just sold.

[im3w1l]

Oops, meant to say volume.

[SkRRJyTC]

I sure am relieved that we got out of the $4's.  Gosh you could say Im optimistic 

[Kluge]

I'm long. I think I'm relieved, but maybe I'm really in denial. Either way, I guess we're going somewhere... or maybe that's hope. 

[SkRRJyTC]

Can you feel it?

[cloon]

Haha specially cause adam and proudhon are bulls again

[dancupid]

The problem is that despite having a rational understand of this, emotion still takes over - I sold all my bitcoins at $4.20 - I got up at 4 in the morning to do it because I couldn't sleep worrying about it.
Even though it was irrational and I should have been buying, the security of having my $,  would allow me to buy again when I felt confident again (I bought back at about $4.90) - I simply couldn't risk a further drop.
It very easy to look at a graph in a bull market - it's quite different when you are trying to stay in control of your money.

[smoothie]

I think we are in the optimism phase....but then again we are moving slowly higher so it might be the Hope phase etc.

[yochdog]

I think we are in the optimism phase....but then again we are moving slowly higher so it might be the Hope phase etc.

No way.....we are at "Thrill" 

Just listen to the people around here. 

[Yuhfhrh]

I think we are in the optimism phase....but then again we are moving slowly higher so it might be the Hope phase etc.

No way.....we are at "Thrill" 

Just listen to the people around here. 

I agree, I think we are at borderline excitement/Thrill.

[RodeoX]

This is my main strategy. Those who can control their emotions can exploit the emotional buying most people participate in. A good example recently was facebook's IPO. The prices people were paying were outrageous for a company with such limited growth potential.
I also see this all the time among entrepreneurs who start businesses. They pick something they want to do without doing any market research to see if it is feasible. Then they sink all their capitol into "Greg's pony petting service", and are shocked when no one responds.
When investing I try to only use the calculator function in my brain.

[Mageant]

I think we're either at optimism or excitement.

I think there is still too much caution around for it to be thrill or higher.

[SkRRJyTC]

Can you feel it?

I feel it now.

[Spekulatius]

Can you feel it?

I feel it now.
[/quote]

What do you feel my friend?

[knight22]

I think we are at FEAR! 

[Spekulatius]

I think we are at FEAR! 

short term: agreed

Medium: optimism

Long term: Hope

[Cablez]

Wake me when we get to despondency.

[SkRRJyTC]

Can you feel it?


I feel it now.

What do you feel my friend?

Denial.  Over a month ago we went from above $15 to under $8 in just one day.  Now the forums are happy go lucky again because we moved up to $12...  get ready for Fear.