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Topic: Do you trade for money or emotional satisfaction? - page 6. (Read 2705 times)

hero member
Activity: 882
Merit: 500
Emotional satisfaction ? I believe everyone goes into trading to make some profit. Trading may not necessarily be in tune with your emotions. If you follow your emotions you might make some bad mistakes. It's better to stick to plans than to go with your emotions.
What do you mean of emotional satisfaction here if it is trading and a business then why we are discussing and entering emotions in business? Trading is a process and people perform for making some money besides which we need not to express and relate our emotions here. All we need is to make money here trading with any currency which has chances of making profit.
Trading is now our profession and an important part of life so we can not interrupt it with something may be our emotional actions or something like that because it is totally irrelevant to enter your emotions here in trading. It does not matter how the market situations are and how it will be we just have to go with the situations of market and to find our benefits.
sr. member
Activity: 560
Merit: 250
of course I am trading to be able to get money I want to grow the assets I have because this life requires a lot of money so do not let your trading with emotion disappointed because it will make you lose. enjoy trading and do not be easily affected by bad news.
legendary
Activity: 3346
Merit: 1128
I think for emotional satisfaction trade only gamblers or people who are missing something in their life. How can following the boring market graphs be satisfying? Satisfaction can bring making money on it. Sure thing, I am making it for money and I think that the majority of the people join this market only for that reason. Of course, when starting understanding crypto-market and handling it successfully, we can feel emotional satisfaction because we succeed. But if it wouldn't bring us the success that materializes in money, we wouldn't have gotten any emotional satisfaction.
The ultimate goal of a real businessman is to get the money he has invested multiplied. The more you earn, the more the better and once you have crossed a certain limit above which you do not care about the more the better, you actually start loosing the optimism and you look for reasons to earn more and that is the point when you step into aiding people for education or the refugees like we have seen many from sports and Hollywood giving millions in charity. This brings both the financial and the emotional satisfaction.
full member
Activity: 504
Merit: 101
I think most of the member here will answer this question "Trade for Money". No need for more explanation about that. It's for sure that people really need money and money can give satisfaction if you got a lot of it. So trade for money and be satisfied in the future.
member
Activity: 854
Merit: 10
I trade for money only because sometimes through making money we can find easily satisfaction. Once our desired target is reached we will be in a comfort zone because most of the people are not comfortable with the price ups and downs, so mostly trading is for making money.
full member
Activity: 504
Merit: 106
An interesting coin 3des traded on etherdelta. It's definitely worth to purchase.
I dint learn about them but as far as I know about this world of trading and bitcoin, these coins don’t size for long time. Many came and went and disappeared behind the bars. There are some coins that stabilizes and they are somehow better to be invested or traded. And the supreme of them is bitcoin and then comes eth and few others as well. Good luck to the development teams of these amazing coins.
hero member
Activity: 910
Merit: 512
I think for emotional satisfaction trade only gamblers or people who are missing something in their life. How can following the boring market graphs be satisfying? Satisfaction can bring making money on it. Sure thing, I am making it for money and I think that the majority of the people join this market only for that reason. Of course, when starting understanding crypto-market and handling it successfully, we can feel emotional satisfaction because we succeed. But if it wouldn't bring us the success that materializes in money, we wouldn't have gotten any emotional satisfaction.
A trader will always trade for money because the quest has always been the maximization of profit and in my opinion it seldom changes. So once you attain a high level of financial status and you have enough money to buy anything, you actually do not stay motivated then and this is normally dangerous of a trader’s mind so you have to step in the social works and rehabilitation programs and donate generous funds to charity organizations to stay motivated and find the reasons to earn more money so yeah, trade can be both for mental satisfaction and for financial strength.
jr. member
Activity: 151
Merit: 2
what do you mean by emotional satisfaction? does it mean to enjoy or to only pass the time?  Well i myeslf do not trade because of it  but rather i only trade because i always wanted to earn a profit . yet , earning a profit thru trades is also hard to achieved because trading isnt an easy thing to do plus the market of cryptos are also confusing .


Perfectly Described the real soul behind trading. Trading is most stressing job in the world.

I agree , that is why not all people are doing trades .  majority of them are opt to choose investing and gambling because these two are seem to be more workable and less stress as compared to trading itself.
Nothing is an easy work in this world and especially that one who have involved money in it. Don’t just think and try to search out for chores that involve money but they are risk free. No, rather never. Things are stressful and hard when you are looking for money to earn. Risks are always there and so is stress, but don’t lose your heart and make your mind strong.
member
Activity: 219
Merit: 10
If we have a lot of money for waste then it may be for emotional satisfaction. Emotion never gives you success in trading. Sure, we trade for money and take the challenge or experiment our talent. Trading is a serious matter which needs to do carefully. Most of the people like trading and most of the people want to make money in his trading. People never trade only his emotional satisfaction.
newbie
Activity: 140
Merit: 0
Of course, this is the choice of each and completely depends on the psychological state of a person. But my point of view is slightly different and I believe that it is possible to combine trade in the market for profit and pleasure.
newbie
Activity: 154
Merit: 0
For myself, I do not trade for any emotional satisfaction. I trade mainly for the money as that is why am taking this high risk of going through extensive study so as to come good in trading. Maybe later after I have acquired some money, I would trade for emotional satisfaction
newbie
Activity: 112
Merit: 0
No one is trading for emotional satisfaction, i am more than sure about that, who the hell would be trading just for a hobby? it is just for money purposes, and you are risking your entire balance in there.. dont understand how it could be good

Well actually I'm pretty sure some people are in it just for adrenaline kicks. Some people have enough money to just not give a damn if they lose.
member
Activity: 157
Merit: 10
No one is trading for emotional satisfaction, i am more than sure about that, who the hell would be trading just for a hobby? it is just for money purposes, and you are risking your entire balance in there.. dont understand how it could be good
newbie
Activity: 196
Merit: 0
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
member
Activity: 126
Merit: 11
I trade for money. Many people trade for money. Everyone wants to be rich and want to have more money to use. I have never seen anyone want to trade for amotional stisfaction and I think that is not a good idea at all.
newbie
Activity: 18
Merit: 0
Just for kicks.  Cool
newbie
Activity: 98
Merit: 0
It is not the emotional motivation the that makes us involved in the cryptocurrency market but it is rather the thrill of being upright or testing our assumptions, people like Warren Buffett analyze the market and just manage to be in the business because of the thrill
full member
Activity: 364
Merit: 100
I do business for money so i trade coins for money and i think bitcoin and many other currencies are very profitable in the market now i am a trader and i do it for making money.
sr. member
Activity: 616
Merit: 262
Both are important for me. There are plenty of easier ways to make money, but I like games. And what is the better game than to test your ability to analyze when something real is at stake? Not to mention this feeling when you're not completely sure in coin until it starts going up?

I trade for money because the cost of living right now is getting even more expensive but with cryptocurrency you can always earn profit depending on how long you are staying in the market.

You just have to be patient if you stay away from trading actively and just hold your coins. I am in it for the money as well but there are some people maybe that has money already and they just want to be emotionally satisfied. Of course along with earning money is the emotional satisfaction you will have when you know that you were able to speculate properly and your strategy worked. With risk management and be able to manage your emotions then you will be able to earn successfully in trading.
newbie
Activity: 25
Merit: 0
I do enjoy my trading yes but i don't do it for my emotional satisfaction, i do it for earning the money . Paying the bills is the mission of everyone in here. Sad
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