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Topic: Do you trade for money or emotional satisfaction? - page 4. (Read 2670 times)

member
Activity: 356
Merit: 10
I agree to the common answers here. Yes I do trade to earn money! Especially here in my country, you can survive once you sustain your daily needs and for you to provide your daily needs you have to have sources of income. Which technically hard to find, but thanks to Bitcoin and trading I am surviving! After I earned from my hard work and learned the good things in trading, Im finally earning to help me and my family in our needs and necessities.
legendary
Activity: 1120
Merit: 1000
My main goal in trading is to earn money, because whatever we do in this world, the ultimate goal is to get money.
besides, I also like something new, for me to trade in crypto is a new thing I have never done, so I try to become a trader.
I think that more than 99% people will be doing trade only for one purpose to make money, Trading is a profession and people adopt that profession only to make money and earn livelihood. So i think that those people who are related to this profession they have only one reason and that is to make money.
full member
Activity: 490
Merit: 100
My main goal in trading is to earn money, because whatever we do in this world, the ultimate goal is to get money.
besides, I also like something new, for me to trade in crypto is a new thing I have never done, so I try to become a trader.
newbie
Activity: 56
Merit: 0
This is good proposition, but I have more interesting if you're in ICO niche - Kelvin Blockchain, I found this project not so long ago and is has really big potential. Also searching for other huge upcoming ICOs, please share with you knowledge guys Wink
member
Activity: 476
Merit: 10
When doing trading activity and we can not manage the emotion like greedy and not patient,  we will never get profit and always  become losser . Trading is not gambling and we should be prepare many thing before put money in to it. Many newbie  trader does not make any trading plan and how to manage the risk in trading,  and finally just in afew days they loss much money. So if  we want to make consistent profit though just about 20% amonth we should be have trading plan to minimize risk.
sr. member
Activity: 381
Merit: 250
I can say that I am not still at the level when I can trade cryptocurrencies for my satisfaction in entertainment it is still the job and business for me, so usually I'm not getting any satisfaction training, except only the successful trades.
full member
Activity: 455
Merit: 102
if the profit target that I set already exceeds expectations, then I still provide emotional satisfaction with the addition of sufficient capital, we also need to increase the level, even though it doesn't work perfectly, but there is always a significant increase in tiered experience.

about emotional management, it's not really useful when stuck in big losses. the most important factor is how we stop before emotions get bigger.
Humans are emotional. We can’t resist ourselves from lacking behind in this race of being emotional. Either we are strong with controlling over our minds or not, still everyone must feel being emotional in their lives essentially. But you are right. We must learn that how can we stop ourselves from being extra emotional. This stage can make you big loser.
newbie
Activity: 78
Merit: 0
I am trading only for money. With big market volatile i prefer to invest in ICO projects. I found Kelvin Blockchain and will invest in it!
full member
Activity: 700
Merit: 100
if the profit target that I set already exceeds expectations, then I still provide emotional satisfaction with the addition of sufficient capital, we also need to increase the level, even though it doesn't work perfectly, but there is always a significant increase in tiered experience.

about emotional management, it's not really useful when stuck in big losses. the most important factor is how we stop before emotions get bigger.
full member
Activity: 1484
Merit: 101
For me the purpose of trading is to get profit so I never get carried away by emotion, many things must be mastered to become a reliable trader and the most important thing for now is to be patient and wait for the right time to sell.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Trading for  emotional satisfaction is irrational, even rich people trade to earn money. It is true however that whenever you make good trade decisions you gain emotional satisfaction. Everyone here wants to earn and not just to be emotionally satisfied.
Just being true, even businessman who also engage with trading are aiming to gain more money for their investment, though some can possibly here just to enjoy or to satisfied their lust with trading, but most still looking for financial gains its only adds emotional satisfactions when you are in the positive side of your investment, we also knew that trading business is also stressful when you are not seeing good growth of your investment, when things is not doing according to your favor.
sr. member
Activity: 1596
Merit: 335
Trading for  emotional satisfaction is irrational, even rich people trade to earn money. It is true however that whenever you make good trade decisions you gain emotional satisfaction. Everyone here wants to earn and not just to be emotionally satisfied.
newbie
Activity: 3
Merit: 0
If someone trades money for the emotional satisfaction it does mean that the person is already rich and finding ways for satisfaction. Yeah, most of us trade money to earn profits else why would we have wasted our time on analyzing charts, understanding market trends and seat in front of the screen for hours.
full member
Activity: 1708
Merit: 126
When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income. At this young age, I need a lot of money to support my family. So, If I can some, It would be good for my family.


I am a person who is actually trading to earn not just for emotional satisfaction but also to save something for the future. Yes, crypto trading has a big impact in an individual's life because it could be a help in sustaining our daily necessities. Through earning, we would be able to have an emotional satisfaction.
newbie
Activity: 17
Merit: 0
I try to make a life from trading but an emotional satisfaction is an additional factor.
sr. member
Activity: 672
Merit: 250
When you play the game of money just for the emotional thrills,you are likely gambling.Investors do so for money ,to increase their asset base.I am an investor
Yes that is right, I also do not think that any one will do trading for emotional satisfaction. Trading is a profession and people adopt that profession just for the purpose to make money from it.
newbie
Activity: 122
Merit: 0
I really believe the more emotions we have in trading the less effective our trades will be!

You got to leave your emotions behind (both negative and positive ones) to really see trades technically and give it justice.
hero member
Activity: 1120
Merit: 507
Never heard of trading because of emotional satisfaction. In fact I find trading very stressing, specially if it's the only source of income for you and your family. There is always the possibility of losing money, so when you have bills to pay, and you depend on your profits to pay them, it's definitely a very stressful experience. I was a decent poker player, and once I realized I was making enough money to pay my bills I decided to try it full time. It was a terrible experience, and I just had to stop. I now play poker just for fun again, and I appreciate the profit I can get from it, but I don't see how that can work in trading. It's not a game, so you can do it for an extra profit, but it's not for emotional satisfaction.

Perfectly Described the real soul behind trading. Trading is most stressing job in the world.
Approaching the statement from an economist point of view, I solely do it for money and money is everything you need and work for in the market. The more you earn, the more you are satisfied. A common man might have an altruistic nature as well and once a certain level of financial stability is achieved, he/she might step in the field of social work and rehabilitation of those who are unfortunate and have low standard of living.
full member
Activity: 434
Merit: 105
When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income. At this young age, I need a lot of money to support my family. So, If I can some, It would be good for my family.
I can say that it is both because in my personal belief you cannot trade successfully if you will have an attitude to earn money, it is not a job. Trading is more than a heart process, then irregular routine just acting.
To keep your emotions aside from the crypto business is better decisions because we are sometimes catching by negative perceptions come in market which make you panic as well so keep yourself away from these things. Let the crypto trading be on its place and your emotions on its own place which will give you better results, buying rate is responsible for price increase which can happen anytime.

Yeah, don't let your emotion control by yourself because It will lead to losses.lts been many time had loss their crypto investment because of that's action, most of the victims are those new In crypto where suddenly execute trading without enough knowledge from it.
newbie
Activity: 196
Merit: 0
Like many other people i do only for money this is the reason why i start to invest in crypto,unfortunately i don't have enough money to invest only for emotional satisfaction.
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