Topic: Bitcoin can play tricks on your mind (Read 1265 times)
The only trick that bitcoin does to my mind is it makes me buy even more crypto for my ownr and exodus wallets.
When we are getting into Bitcoin and generally crypto, feeling this doubt, indecision, uncertainty, and also misgivings are very common. Especially if sometimes we can't sleep well because we still have some coins that are in trading.
so many opinions running through your mind.
Yes, if we have not established ourselves with what we do according to the risks, we will indeed feel that way.
However, if we are sure and agree with whatever risks will be faced next, then these thoughts, doubts, and doubts will be reduced, or even non-existent.
so many opinions running through your mind.
Yes, if we have not established ourselves with what we do according to the risks, we will indeed feel that way.
However, if we are sure and agree with whatever risks will be faced next, then these thoughts, doubts, and doubts will be reduced, or even non-existent.
~
There are just those type of people thinking that they can be reach just by buying Bitcoin. Couldn't help to think of it by other people just to think of how long it stayed on top as #1 in CMC. No what ifs for them. Afterwards, they just panic when the value went down.
and not talking about markets.
Bitcoin could really be neither a worthy investment to have and also could really wreck you up if you don't know on what you are doing.You should be mindful about the risk because volatility
could either your friend or enemy.
So you should be knowledgeable on how this market works and of course those things would be acquired through experience.
In my experience, I disagree with your thoughts about gambling nor investing on shares not giving such tricks on a person's mind. Clearly, you might have been not into these three long enough for you to have such conclusions. But in all honesty though, despite the mind tricks existing on these three, they have a bit of difference and it is the level of intensity and not an entirely different feeling. And because of these mind tricks, a lot have lost lots and lots of capital, even I was one of those people. One good thing though is that the effects of these mind tricks on you gets lesser and lesser the longer you are exposed to them.
Emotional control is hard to handle, it was really bothersome, especially, if you put every penny you have on BTC and haven't spare for your daily expenses.
Imagine, you can rest your eyes to see the price on the market every hour or even every minute, your heart almost crash.
A piece of advice which I quoted from other "Set your target price , then withdraw your BTC"
The number 1 rule here is that you just need to handle your emotions first in order for you to be more productive and don't let your emotions interfere with the things that you are working on because once your emotion interferes with your work, trust me that you will not be able to work well anymore just like on trading and bitcoin if you are seeing that the market and the coin that you've been invested in is currently dumping then that's the time that emotion is controlling you.Imagine, you can rest your eyes to see the price on the market every hour or even every minute, your heart almost crash.
A piece of advice which I quoted from other "Set your target price , then withdraw your BTC"
A strong mentality is the main capital to become a btc businessman. If you are not strong then you cannot produce clear ideas. The long-term scenario for you is a must to consider, and how many of them regret selling btc in 2009. If they sold it now then most likely wealth was on their side.
It's not easy to believe in the future of Bitcoin, but many have proven that hodl BTC makes rich...as you said that those who sold BTC in 2009 must be really sorry that they missed the opportunity to become millionaires. hold BTC for the long term will definitely bear fruit because the price of BTC continues to rise from year to year.
Emotional control is hard to handle, it was really bothersome, especially, if you put every penny you have on BTC and haven't spare for your daily expenses.
Imagine, you can rest your eyes to see the price on the market every hour or even every minute, your heart almost crash.
A piece of advice which I quoted from other "Set your target price , then withdraw your BTC"
Imagine, you can rest your eyes to see the price on the market every hour or even every minute, your heart almost crash.
A piece of advice which I quoted from other "Set your target price , then withdraw your BTC"
even if we go down in any field, everything will rack our brains, so even farmers our brains are spinning, we have to think about how the harvest can be successful, what fertilizers we need to sprinkle, especially bitcoin which has challenges, and we have to learn all fields, start from the internet, trending, investment, etc., so it's only natural that our brains spin, and our money flows as our brains spin..
I have simple way to see the market. In my opinion, bitcoin market should be profitable for trader. So any situation that not give opportunity for trader will not hold for long term. Stable price chart is impossible for this current market situation. Most of bitcoin users are trader, so I think if we know what traders expect for bitcoin market then we will not have any psychological issue.
In my opinion, a profitable market for traders who have high volatility, so traders will be more enthusiastic about making transactions. but indeed in a trade of course there are winners and losers, because this is a natural law. but if market manipulation occurs, then we must be able to respond wisely Manipulation is part of the market movement, there's an abnormal movement because of manipulation, but being a trader with experience, we should know it's happening from time to time and we should have a ready decision to make an effective strategy, whether we profit or we accumulate becasue of a cheap price.
I have simple way to see the market. In my opinion, bitcoin market should be profitable for trader. So any situation that not give opportunity for trader will not hold for long term. Stable price chart is impossible for this current market situation. Most of bitcoin users are trader, so I think if we know what traders expect for bitcoin market then we will not have any psychological issue.
In my opinion, a profitable market for traders who have high volatility, so traders will be more enthusiastic about making transactions. but indeed in a trade of course there are winners and losers, because this is a natural law. but if market manipulation occurs, then we must be able to respond wisely A strong mentality is the main capital to become a btc businessman. If you are not strong then you cannot produce clear ideas. The long-term scenario for you is a must to consider, and how many of them regret selling btc in 2009. If they sold it now then most likely wealth was on their side.
You are right. I believe most investors in Bitcoin now only see what is happening in the immediate market price and don't seems to understand or take into consideration the past Bitcoin history and how Bitcoin has come back from market dips like this before.Again if you are entering the market as a trader then you gats to be prepared for the constant volatility of Bitcoin price and this will constantly put you on your toes but I believe investing for a little longer time is best.
I have simple way to see the market. In my opinion, bitcoin market should be profitable for trader. So any situation that not give opportunity for trader will not hold for long term. Stable price chart is impossible for this current market situation. Most of bitcoin users are trader, so I think if we know what traders expect for bitcoin market then we will not have any psychological issue.
I'm fortunate in that I don't have to think about such things, and I can't say that bitcoin is truly playing us all. First and foremost, it is an investment; ensure that the funds you have invested in the crypto market are funds that you can afford to lose. Make sure the crypto market is in good shape before investing, and always remember to tp or take profit before the crash; many individuals are still hodling and regret not taking advantage of the previous bull run. Expect a crash at any time, as whales are the ones who are doing it to take advantage of those who are embracing the euphoria that is causing BTC to expand even more. Plus I guess the reason I'm not bothered is that this is just my spare cash, and I've had previous experience with cryptocurrency, so I know it'll be rewarding soon.
From the first time I bought bitcoin I felt very special. Maybe it was due to the fact that I was getting started in the crypto space and felt like many of you, the magic of digital money. Then came the learning that comes with being a bitcoiner and the patience to stay hodl.
As in my mind it is already programmed to see the future of bitcoin, I am not worried about its falls. My feeling is positive when I see how strong bitcoin can be from looking at it to zero, I don't think it's possible.
I really appreciate people think that way. We are here to support crypto as a form of digital currency. If we just keep our mind thinking negatively, that mainly influences us to act the same and leads to worries when dumps have come. Understanding the nature of Bitcoin, it gonna helps us to change our mindset because that all lies in the way how we think about Bitcoin. As in my mind it is already programmed to see the future of bitcoin, I am not worried about its falls. My feeling is positive when I see how strong bitcoin can be from looking at it to zero, I don't think it's possible.
Honestly, we can easily manipulate bad things when we have a negative mindset and many people had fallen into that.
From the first time I bought bitcoin I felt very special. Maybe it was due to the fact that I was getting started in the crypto space and felt like many of you, the magic of digital money. Then came the learning that comes with being a bitcoiner and the patience to stay hodl.
As in my mind it is already programmed to see the future of bitcoin, I am not worried about its falls. My feeling is positive when I see how strong bitcoin can be from looking at it to zero, I don't think it's possible.
As in my mind it is already programmed to see the future of bitcoin, I am not worried about its falls. My feeling is positive when I see how strong bitcoin can be from looking at it to zero, I don't think it's possible.
this is a common thing and often happens in an investment, especially with regard to buying and selling. this is a common thing especially with regard to a business, if we dare to bet on every price we will always benefit with every ups and downs a stock price that is so significant.So in this case.courage is the main step to start a business, because mind games will always exist anywhere and in any form
If you are a weak person and doubtful of what you are doing, you will end up losing. That might be a common thing to happen and that is why we never let this thing happen to us. If we wanted to help and improve our life, therefore, we also need to change the way we think about the future.
Perhaps, it is not Bitcoin playing tricks on our minds, it is our mindset does.
Emotions
Other external factors like news and events
These are the common factors or things that would really be affecting your decisions in life specially when you do make out some investment.
Its true that Bitcoin isnt playing tricks on our mind. It is just naturally being unpredictable since from the start and this is why you should really be
aware on how this market works and the risk you would really be needing for you to take advantage.
this is a common thing and often happens in an investment, especially with regard to buying and selling. this is a common thing especially with regard to a business, if we dare to bet on every price we will always benefit with every ups and downs a stock price that is so significant.So in this case.courage is the main step to start a business, because mind games will always exist anywhere and in any form
If you are a weak person and doubtful of what you are doing, you will end up losing. That might be a common thing to happen and that is why we never let this thing happen to us. If we wanted to help and improve our life, therefore, we also need to change the way we think about the future.
Perhaps, it is not Bitcoin playing tricks on our minds, it is our mindset does.
this is a common thing and often happens in an investment, especially with regard to buying and selling. this is a common thing especially with regard to a business, if we dare to bet on every price we will always benefit with every ups and downs a stock price that is so significant.So in this case.courage is the main step to start a business, because mind games will always exist anywhere and in any form
how come you cant decide properly in btc when it was less risky than your other investments .
you sure you dont put much money in btc more than your other investments ? but your thoughts are right btc cant go down to zero . you can chose to not pull out your initial capital because the more money you hold in btc the more return you could get .
you can take it out the next time you sold at a much higher rate .
you sure you dont put much money in btc more than your other investments ? but your thoughts are right btc cant go down to zero . you can chose to not pull out your initial capital because the more money you hold in btc the more return you could get .
you can take it out the next time you sold at a much higher rate .
Yes, sometimes we are often confused with this one investment, because prices are uncertain and can change at any time. This is a trick in people's thinking games, especially for novice investors.so we need to be careful in an investment in the form of cryptp or digital currency. and it is proven by its price which began to decline so sharply in the last few weeks. it depends on each of us
Depending on what we think BTC is, some expect too much in just a small period of time that leads to others some stress or worst having problems due to expecting too much.know that when we expect we must know the situation or how to handle the volatility of the market since no matter how hard we think, no matter how we wanted it we can't dictate what will happen so diversify also in other investments so we have backup if the market still not going fine. Jump to: