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Topic: 5 Bear Market Mistakes to Avoid - page 7. (Read 1278 times)

legendary
Activity: 2170
Merit: 1789
November 09, 2022, 10:03:35 AM
#16
OP, while I understand your needs for marketing, I don't think posting such a short snippet of an article you posted on your website is the way to do it. If anything, it looks like cheap advertising and spam. Post some of your ideas here, add new reasoning, and then add the learn more at the end. Or you can put your blog link on your signature or personal text space. You can also make a dedicated thread for your channel/blog if doing something like this is your purpose.
sr. member
Activity: 2436
Merit: 455
November 09, 2022, 09:24:12 AM
#15
Losing money on investing is a frightening proposition. However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health


Learn More: https://mycryptoparadise.com/5-common-mistakes-to-avoid-during-a-crypto-bear-market/

Panicking happens when you're not updated, or you don't know what you're doing, or you don't know well cryptocurrency and yet you invested all your money. When it comes to emotions, you really have to master how not to be overpowered by your emotions when you're trading, especially when you lose a trade, take a brake, reset, and trade again, don't ever chase your losses without any decent strategy.

Over trading is the act when you're chasing your losses, you lose your focus, risk your mental health by achieving nothing because you don't really have a plan except for chasing your losses, which is very scary.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
November 09, 2022, 02:44:47 AM
#14
This can be summarized more simply with an explanation per factor. It's hard to understand if there isn't.

What I mean is this. For Panic = FOMO. That's already the thing that could happen. Whether it's a bear market or a bullish market, it's applicable. Panic selling or panic buying. And the fear of missing out is the general thing to see. It's the one that could mean avoidance in trading.

Putting in Emotional Efforts = brings a whole lot of meaning. It's not going to be good just saying that because it means you will put emotions. And emotions are trouble when you are trading or in anything you do. Emotions are a problem.

It would be best if you thought long-term about anything. That's the key to success.

Overtrading = It's a problem if you are losing. It's okay if you are making a profit—other factors like your emotions about losses and other issues that issues could affect it.

Mental health = It's the peace of mind that everyone wants to become more evident, more apparent thinking, and make okay decisions.

It's a good guide. But having mental health as the last doesn't make sense because the list says the things you must avoid. Why avoid mental health? That doesn't make any sense.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
November 09, 2022, 01:38:49 AM
#13
Panic
Putting in Emotional Efforts
Overtrading
Mental Health
This is interconnected, a healthy mentality or it can be said that a clear mind will not make traders use their emotions excessively so that it creates panic and that causes overtrading.
but it's almost hard for traders not to get emotional when they see the market going unexpectedly, The news about FTX was really mind-blowing and panic ensued in the market causing the price to drop quite deep
Actually not only during bear market conditions but also bullish, positive moves can make traders overbuy When the market experiences a slight correction, panic immediately arises


Investing short-term
Nothing is wrong in short term investment when it is bearish, what's wrong is that we choose the type of investment that is actually not suitable in the current bearish conditions so that it leads to losses.
sr. member
Activity: 938
Merit: 303
November 08, 2022, 11:32:34 PM
#12
Quote
Overtrading

Mishandling emotions contributes to this. Overtrading often results from misreading an investment theory, missing an opportunity, or wanting to recoup earlier losses. All three prompt emotional decision-making. Remember, the market doesn’t care about your feelings; charts are just visual representations of information. It’s up to you how you interpret it. This is an objective process where emotions have no place.


- Indeed, the market does not care about the emotions that an individual trader will feel in the crypto space, that is because the market has no emotions.

That's why most people always remind me and it's been a long time here in this forum to always "invest only the amount you can afford to lose" or do your research before you invest"

Also, the actual practice of trading requires a thorough study first of how to understand what is on the graph or chart and to know its tools and how to use them properly and correctly.
full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 08, 2022, 10:29:02 PM
#11
Quote
Losing money on investing is a frightening proposition. However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health


Learn More: https://mycryptoparadise.com/5-common-mistakes-to-avoid-during-a-crypto-bear-market/

Yes, panicking can make you lose control in the market to sell your coins when the price is not yet high in the market, but based on what you are hearing from other investors that the bullish market is on already. Now that the price of cryptocurrency is still low in the market for investors to use the opportunity to buy and hold for a better future to come. it will be favourable to stop panicking in this bearish season than to continue holding your coins till the price hit higher. I don't think, it is advisable for investors to make use of Short term investments in this bearish season, because it will not help the Short term investors to grow higher like the way long term investors have hope of making a good incomes from their investments when the bullish season appear in the market.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
November 08, 2022, 06:40:37 PM
#10
Let point at panicking via investment as op underlined or caution, so in the investment one thing that people consider most is the target via investment, because i have notice that while some loose most the target via investment is because of been curious to make profit in the market and also not to venture into lose in of their investment, so from my perspective it's wrong, because it's obvious that any investment of cryptocurrency has an advantages and disadvantages. Because panic in any business, is one of the things that brings setback in the business.
legendary
Activity: 2940
Merit: 1083
November 08, 2022, 06:32:37 PM
#9
However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health

These are a product of ourselves. A common mental experience for anyone. Is there really a way to avoid it?

Trading without emotions? Are that even possible lol?

Why avoid being in that situation if it can be managed along the way? Traders are human and there's no 100% way to avoid such emotional actions. They key here is to learn from mistakes, try our best to minimize our losses, and always stay focused on achieving our trading goals no matter what.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
November 08, 2022, 06:17:11 PM
#8
Losing money on investing is a frightening proposition. However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health

this sounds like it was written by someone who has never felt even close to such a potential situation.

Quote
Panic

if you have invested a large amount of money or at least a large percentage of personal savings, it is very difficult not to panic. you watch your capital disappear, but you are completely relaxed. Sounds weird, right?

Quote
Putting in Emotional Efforts

it is very difficult to turn off emotions if the current market has a bad effect on your finances.

Quote
Investing short-term & Overtrading

Sounds like gambling out of desperation to minimize loss. That was never a good solution.

Quote
Mental Health

I am not sure how Mental Health affects avoiding bear market mistakes.
legendary
Activity: 2492
Merit: 1232
November 08, 2022, 06:13:45 PM
#7
Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health
It's pretty common but it's hard to deal with and sometimes we need to diversify our portfolio or invest fractionally while dealing with the bear market trend and do dollar-cost averaging (DCA) to get the most out of our capital while continuing to diversify our holdings.

Holding in a long term is an advantage of your investment or stay invested while the market declining, those common mistakes are right that you should avoid, and never sell your portfolio when the price is under upon your purchase.  Also, it's better not to use cash that you'll need soon, only the amount that you can afford which is considered as your investment in the long term.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
November 08, 2022, 06:09:18 PM
#6
Losing money on investing is a frightening proposition. However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health


Learn More: https://mycryptoparadise.com/5-common-mistakes-to-avoid-during-a-crypto-bear-market/
Be more specific with avoiding short term investment. Most cryptos are best with short term investment. It is more like a hit and run project. Wait for a pump take the profit and walkout on the coin but when talking about Bitcoin investment then short-term investment doesn't work well because it takes a long time to make a bull run, another long time to make a correction and a longer time to consolidate.

Overtrading is what makes many good strategy of less effect. Less trading and more reviews will boast any trading strategy because it gives so much time to look out for possible loopholes and mistakes but Overtrading keeps the focus on making profit not minding if the strategy is well applied.

Mental Health is like a key to any good result. Stay safe because the market is always busy and profitable. I have a trading target every week and i make sure once i hit that target i close trading for that week even if it takes me two days to makes that very amount i end my trade then have enough time to examine myself, my strategy and possible improvements ahead of the next week
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
November 08, 2022, 05:08:24 PM
#5
Losing money on investing is a frightening proposition. However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health

That's why it becomes "common" because those are something tough to deal with.

If that's how easy to deal with the bear market, then why still make a strategy during that trend?

It's better to absorb that mental-related stuff since that will fuel more of our experience to become used to dealing with a bear trend. Without the experience of being in an actual loss, stress, panic, FOMO, being weak hands, a trader can't be an improved trader in the future.
hero member
Activity: 2744
Merit: 588
November 08, 2022, 04:58:49 PM
#4
Panic = FOMO

That's the problem for many traders and investors. It's a bear market that we don't know when it will be on the bottom and when it will be stopped.

Too hard to say when there are too many incidents happening just like the FTX/Binance matter that we're seeing right now.

I did not expect also the Binance-FTX latest news. Binance will further cement their position in this market.
A multi-billion dollar company but decided to sell it to rival business company.

At one point being a trader myself, I can say, I am still guilty of one of the things listed by the OP.
I guess, from time to time, we can still feel those emotions as we travel this journey of being a trader.
It is not always we are confident with our decisions, because factors are changing every time.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
November 08, 2022, 03:48:57 PM
#3
Panic = FOMO

That's the problem for many traders and investors. It's a bear market that we don't know when it will be on the bottom and when it will be stopped.

Too hard to say when there are too many incidents happening just like the FTX/Binance matter that we're seeing right now.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
November 08, 2022, 02:23:27 PM
#2
Losing money on investing is a frightening proposition. However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health

Easy to say but would really be hard to be implemented on ones self on which you cant really be able to avoid on not to be that impulsive towards bear market specially when you do see that it is gradually creeping

out some negatives on your overall portfolio which it doesnt really look nice and as a human being then it would really be just normal to have these kind of emotional reactions deep inside which does
simply means that controlling it wont really be that simple or easy.

In bear market then the primary rule you should stamped on is not to make out some panic sell.You wont lose nothing if you dont sell + you should really be
that wise on accumulating while prices of coins in the market is already cheap.
jr. member
Activity: 66
Merit: 4
November 08, 2022, 03:32:54 AM
#1
Losing money on investing is a frightening proposition. However, you can protect your money and reduce stress in a falling market by avoiding five common pitfalls made by crypto investors.

Panic
Putting in Emotional Efforts
Investing short-term
Overtrading
Mental Health


Learn More: https://mycryptoparadise.com/5-common-mistakes-to-avoid-during-a-crypto-bear-market/
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