Topic: Emotions can hinder our success! (Read 3911 times)
Emotions is the main reason why most people are losing their funds on cryptocurrency market. It is too difficult not to sell Bitcoin when it is falling for a year from 20k to 3k, but you should make deliberated decisions to avoid loosing your money.
Just Hold, friends
Tell me, what to invest at now?
We have a seen a huge dip in the market this past few days after the ETF delay. I've read an article in cointelegraph that people are just overreacting on the said delay (https://cointelegraph.com/news/pantera-capital-ceo-investors-overreacting-to-etf-delay-should-focus-on-bullish-news). Honestly, I do agree with the article, there are a lot good news right now for market to experience a dip.
I think we need to control our emotions when investment is involved, don't sell when you are in panic. Try to think carefully and think more than 7 times before you click or do a transaction. ETF delay is not a bad news for me. I think it is a way for people to do panic selling and those rich people will abuse the dip and buy all the cheap BTC and after that, the ETF will be approved.
Right now, the market is green again and I think many people regrets selling their coins at a low price.
This is just my opinion, how about yours?
I think we need to control our emotions when investment is involved, don't sell when you are in panic. Try to think carefully and think more than 7 times before you click or do a transaction. ETF delay is not a bad news for me. I think it is a way for people to do panic selling and those rich people will abuse the dip and buy all the cheap BTC and after that, the ETF will be approved.
Right now, the market is green again and I think many people regrets selling their coins at a low price.
This is just my opinion, how about yours?
When money is at stake we always involve our emotions becuase we do not want to lose our money. That is why our decisions is very crucial to have a succesful investments.
of course that is true, all emotions will plunge us into failure, for whatever reason we should not make a decision when in an emotional state because the decision is without calculation therefore the decision will be bad for us
One factor of the barrier to success is emotion. Emotional control is very important to be applied to every individual. If not, whatever you do will deviate from what you planned at the beginning. Every action needs to be considered, whether the action has a greater risk or not. Don't be emotional in the face of bad market prices, there is a positive side to this situation. You can get the best coins at cheap prices, even though it takes a long time to get a high score.
We really need to control our emotions. Because when your emotions can cloud your analytical thinking and you can't think straight because you were afraid of FUD or any FOMO. Set aside that matter. Because in the market bleed it is not true that you can do nothing. There are many good opportunities on the market that is very unstable.
it's too often the price of bitcoin like that, when there is bad news or something that is not good that is reported in some media about bitcoin then there will be a pope who tries to make traders panic by making the price of bitcoin fall and finally other traders will panic and be affected to sell his assets.
you need to use the General rule of experienced traders-cut losses and let your profits grow. everything comes with experience!
Emotions very often bring harm to our decisions . We panic sell too early or buy too late. So try to approach your decisions with a cold head. And only then will you make the right decisions
Yes, your observation is right, emotion affect decision in dip, virtually most decision taken in dip may likely result in regret, ETF approve or not market will thrive.
I believe that it is necessary to discard our emotions in order to profit from our investments. But there are times when there is very little time to make a decision, and you need to make some choice. Most likely you need to have a good intuition.
getting rid of emotion is not easy because it is human nature. of course when we join the world of crypto we can control emotional emotions. because if we can't control emotions, it will only make us lose continuously. everything that happens with Crypto is normal and we don't need emotions. We have a seen a huge dip in the market this past few days after the ETF delay. I've read an article in cointelegraph that people are just overreacting on the said delay (https://cointelegraph.com/news/pantera-capital-ceo-investors-overreacting-to-etf-delay-should-focus-on-bullish-news). Honestly, I do agree with the article, there are a lot good news right now for market to experience a dip.
I think we need to control our emotions when investment is involved, don't sell when you are in panic. Try to think carefully and think more than 7 times before you click or do a transaction. ETF delay is not a bad news for me. I think it is a way for people to do panic selling and those rich people will abuse the dip and buy all the cheap BTC and after that, the ETF will be approved.
Right now, the market is green again and I think many people regrets selling their coins at a low price.
This is just my opinion, how about yours?
i think it's a part of our human nature, to make such movements when we can't be completely sure in stable future. therefore to avoid panick, i'd suggest to invest your extra, not your money for a living I think we need to control our emotions when investment is involved, don't sell when you are in panic. Try to think carefully and think more than 7 times before you click or do a transaction. ETF delay is not a bad news for me. I think it is a way for people to do panic selling and those rich people will abuse the dip and buy all the cheap BTC and after that, the ETF will be approved.
Right now, the market is green again and I think many people regrets selling their coins at a low price.
This is just my opinion, how about yours?
I agree with you emotions are very hampering trade, for example, I decided not to sell my tokens at the peak at the beginning of the year, because of emotions I lost almost 90% of my portfolio!
It is not an easy thing when we are talking about the emotions. It changes surprisingly, right? I agree with your statement about the emotions, we should able to control it in here, or something bad will happen.
yes that's right, emotions will keep us from success. if we are emotional, of course we will not be able to think clearly and we will panic and also rush into action. it will only harm us.
Because of our emotions it may affect our certain decision which is success, if we're involving in unstsble technology we must have positivity and patience as always. One of the reason why we failed to achieve success because of negstive thoughts and not in, self which it destruct our way of getting success.
Controlling our emotions is the most hardest thing of a person which they are more likely tempted most of the time, in terms of different aspect of a problem. But dealing with it, it needs a proper self discipline and and self control for us to overcome it. So the result may end for good all the time.
I believe that it is necessary to discard our emotions in order to profit from our investments. But there are times when there is very little time to make a decision, and you need to make some choice. Most likely you need to have a good intuition.
Emotion is the most important part in crypto investing, because various issues have affected prices. some people make it through this obstacle and the key is patience.
otherwise emotions and panic are bad things that must be destroyed, however the market will return.
otherwise emotions and panic are bad things that must be destroyed, however the market will return.
ETF has been delayed again until 29th of December , but I think that it will have no effect on the market as it is already near to the bottom.
Those who emotionally reacts to such events will maybe regret some day when the market recover. Emotions are not a good adviser for
investing.
Those who emotionally reacts to such events will maybe regret some day when the market recover. Emotions are not a good adviser for
investing.
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