Topic: Emotions can hinder our success! - page 5. (Read 3932 times)
Crypto is not for everybody`s nerves. So many people joining Crypto but many of them leaving it after
they got disappointed. Without having educated participants on the market who understand how it works
we will have panic selling in the future as well and it will affect the market .
One of the main conclusions is that the emotions and thinking abilities of a person are so interconnected that one can not be separated from the other.
Each decision we make is connected not only with conscious emotions associated with memories, but also with physical well-being. Therefore, we learn from our own experience, mainly on the basis of mistakes. The worse, the better. If we lose this connection, we will not be able to make decisions.
Each decision we make is connected not only with conscious emotions associated with memories, but also with physical well-being. Therefore, we learn from our own experience, mainly on the basis of mistakes. The worse, the better. If we lose this connection, we will not be able to make decisions.
Yes, emotions will really affect our trading performance if we cannot control it. I have made mistakes before because of my impatience, fear, and greed.
Emotions often make us out of control so to achieve success with emotions is not a good thing. Emotional effects will be negative and we will regret later.
They not only can but are impacting our decisions in investment world. In fact that is the single biggest factor, which impacts decision making and in most cases is the difference between success and failure in buying and selling assets. One should master his emotions before going in crypto investment world.
You're right a lot of sales are made in a moment of emotion. Fear of losing your money or anticipation of the joy of easy money. Close the eyes of our brother indulges in all serious. Which leads to negligence and loss of all capital
certainly on a panic it is not necessary to take any actions, but it is difficult to cope with emotions, especially when it comes to money
Making investments decisions or trading based on emotions is bad for business, emotions can cloud your sense of judgement and make it impossible to call profitable shots and therefore lose money
The y sure can. Letting our emotions getting in the way of making the best decisions is one of the things that can lead to failure as an investor. When dealing with money and investments we always need to make sure that our emotions are not interfering in any way and anytime that we feel overwhelmed then it is better to just take a break from market and clear your head before making any decisions.
yes because emotions can mess up all decisions, for example panic sell or panic buy without analysis and consideration first. decisions in a hurry can be very detrimental. therefore, we must remain calm in any situation, including when the market falls like this so that we can be calm in making decisions.
Of course emotions are unhelpful to get a positive result in the market. Doesn't matter what it will be the emotions of positivity or fear, anyway it interferes. Sometimes you can feel that you have caught a lucky break, in this moment you can to lose a lot.
so we need to eliminate panic from our trade and we can control the emotion. maybe it is hard but if we keep trying then I am sure that slowly, we can prevent the panic. the emotion can reduce our trade to make a profit because we cannot think about what next that we should do and we are difficult to make a decision. we can learn about controlling the emotion from many sources so we can trade without any problem and we can try to make a profit.
Yes, do not attach emotion to business. If any unforeseen incidence happens, just take it as one of the hazards of business, learn from it and move on. So that it will not hinder you from achieving greater things.
I think traders will affect the market a lot. Today we see marketcap going down 6B in half an hour, just because Bitcoin is slightly corrected, or news of a repeat broadcast about crypto being banned. So I think controlling emotions is the best way to survive in this industry, because somehow the market will fluctuate.
Well, maybe one of the most important attributes in this industry is emotional management. Many strategies can be done, but sometimes they cannot be done together because they contradict each other. One of them is changing goals when the market situation is down, and I think that is the panic that comes from poor emotional management.
it happened more then once that i lost coins/money because my emotions take over , but it is sometimes so hard to see the amount in your wallet go down and that is the moment when my emotions are starting to talk to me and keep saying sell, sell but you are right again i regret
Having so emotional could had yielded into bad results. In crypto we have to be more patient and think of our goals to earn profit. Don't let out our emotions be take place when in trading we cannot be successful. 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?
This is a very useful advice you have giving us, people should stop panicking whenever they hear certain news information about the crypto market because panic selling can kill the market.
it happened more then once that i lost coins/money because my emotions take over , but it is sometimes so hard to see the amount in your wallet go down and that is the moment when my emotions are starting to talk to me and keep saying sell, sell but you are right again i regret
Living on emotions is a bad thing. One must be patient, have a cold mind and iron nerves. To learn to think sensibly and to restrain emotions not only in the field of crypto currency but also in life.
Yes, emotions can be very hard to stop! You can sell coins in one step before a strong rise. If you bought expensive, then wait do not give in to emotions.
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