Topic: How do you handle your emotion when crypto markets go up and down?? - page 7. (Read 1164 times)
April 27, 2018, 07:25:05 AM
For you to handle your emotions, first make sure that waht you invest, is the extra money that you have, make sure that it is something that you could afford to loose, a lot of beginners makes this mistake, they invest money that they can't afford to loose, thus when the market goes down, they also go down or sometimes commit suicide, the reason is that they forget to make a plan that will save them once the market goes down, and all their life ssvings are placed in the market, this mistake will make you very emotional, since you will have regrets, if the market falls and forget the exit plan that you created, if you are not that disciplined, you will end up relying more in the market, rather than judt making the market an extra income for you, those who solely rely now in the market for compensation, are those who had invested earlier, thus they haveenough gains, eeven if the market goes down, they are secured. Avoid this mistake and for sure, you will see the market in a different way and will be more objective rsther being subjective, in which your emotions will always take over.
April 27, 2018, 07:04:36 AM
Don't invest an amount that you consider that it's too big for you. If you do this, then you will have no reason to get so emotional about the market fluctuations. Also, try to have some other priorities than crypto, so you don't have always the tendency to check the latest prices all the time.
April 27, 2018, 06:29:55 AM
First you should know that emotions is not good in the cryptocurrency industry because if you're getting controlled by your emotions you may end up making decisions you're not aware of [example, trading your coins at values you may later regret]. If you really can't handle your emotions here in the crypto tradings or crypto industry then this is not for you. You should be familiar with the cryptocurrency world because this occurs often and all you need in this profession patience.
Cryptocurrency world market is like a rollercoaster that gives you trill and excitement. But I handle it with a smile even if the market goes down I am confident that it will bounce back again. Being confident is my way of expressing how much I trusted crypto.
April 27, 2018, 05:58:06 AM
First you should know that emotions is not good in the cryptocurrency industry because if you're getting controlled by your emotions you may end up making decisions you're not aware of [example, trading your coins at values you may later regret]. If you really can't handle your emotions here in the crypto tradings or crypto industry then this is not for you. You should be familiar with the cryptocurrency world because this occurs often and all you need in this profession is patience.
April 27, 2018, 04:47:05 AM
Hello guys please can we share our views on how to handle one emotions better especially when crypto market goes up and down to avoid selling token cheaply. 
always be optimistic when bitcoin is lower 10,000. I am always calm because I gain profit as altcoins go up. And I don’t lose when I buy at higher price, because I know all I shall do is to wait. 
April 27, 2018, 04:10:16 AM
For me it helps to make a strategy and keep true to it. The last months of bearmarket where a good time to think about it deeply.
I for example divided my portfolio in long/short term, made targets and decided portions of the coins to sell at different targets.
If you buy coins you believe in and researched deeply and sell at your targets there is no place to let the emotions come in.
Remember there is plenty of time and you oftenly come about better by being patient in my opinion!
I for example divided my portfolio in long/short term, made targets and decided portions of the coins to sell at different targets.
If you buy coins you believe in and researched deeply and sell at your targets there is no place to let the emotions come in.
Remember there is plenty of time and you oftenly come about better by being patient in my opinion!
April 27, 2018, 03:37:36 AM
psychology in commerce is needed, when the market is in decline, many of the novice investors are shocked and scared when they see things getting worse, you have to prepare mentally and train your emotions, you can try to meditate or relax with your friends
For novice investors, it would be safer to grab some facts and knowledge regarding the nature of digital assets. They must also understand the future of digital market well. Anyone who would have this much knowledge won’t give up during hard times for sure.Dips and boosts have their own roles to play. Dips allow the investors to buy coins at cheap rates while pumps are for selling out. 
April 27, 2018, 02:44:43 AM
I think the longer term hodler does not care about the short term price right now so we dont have to handle our emotion when the price goes up or down. If the price goes down then we will buy cheap token and hodl for a few months or years.
April 27, 2018, 02:36:25 AM
Try as much as possible to buy a coin you've done research and believe on, by doing this you are rest assured that it's gonna moon again, just take a good look at icx during feb-march dip and look at it's price now
April 27, 2018, 12:20:28 AM
additional opinion from me, do not get carried away by the influence of market activity, in your analysis of the coins you have selected, see their activities, ask the dev team why? the coin is up why down, do not panic, because the current market movement really seize the mind,
if still tired do refreshing with other jobs that do not use the mind, but using your other skills, hopefully useful
if still tired do refreshing with other jobs that do not use the mind, but using your other skills, hopefully useful
April 26, 2018, 11:25:52 PM
it really depends on how your really behave in your daily life, i mean the way you react on situations specially the worst ones. For me i just keep saying that it will be recovering if not soon but in time for sure. As you look at the yearly charts you will see that there are always a down times, Coz you are dealing with the market if there will be no slip ups then there will be no volatility at all. It is also impossible that it will be moving only upwards, if not then it will be stable and no profits to be gain at all. So chill and keep your head up timing is the key dude.
April 26, 2018, 11:10:16 PM
Well, as a person who is diagnosed with bipolar disorder, my emotions go up and down. At first it was kinda tiring, but this became a challenge I needed to achieve. I am trying to control my feelings, never loose hope and stay calm.
We are all little fish trying to earn our money to make our lives better... let's hope for the best
We are all little fish trying to earn our money to make our lives better... let's hope for the best
April 26, 2018, 07:39:15 PM
You should play this one cool, man. Invest only in good project. Not invest your last cash and have to stay positive.
April 26, 2018, 07:14:40 PM
Do your regular things you do, eat, sleep and exercise regularly, don't focus too much on the graph, unless your a trader. Having a cool mind also help you not to stress out.
I agree with you and this advice is good for all the day trader but if you are a long-term trader, you wouldn't do this but rather you have to do something and just leave it all alone. Having a portfolio that is full of altcoins and Bitcoin is a good choice so if ever you see the price that is rising already you can easily trade them. April 26, 2018, 06:37:46 PM
If you are an emotional person, you have chosen the wrong kind of activity. You have to be calculating and calm, then everything will work for your profit. You can trade with profit even in a falling market, look for tactics in internet.
April 26, 2018, 06:35:22 PM
Hello guys please can we share our views on how to handle one emotions better especially when crypto market goes up and down to avoid selling token cheaply.
I have enough money aside for my daily expenses for a long time ahead.
This is helping me to chase only long term goals and to not be affected from the short terms swings.
Another good practice is to have a strict trade-roll management.
April 26, 2018, 06:32:16 PM
Honestly, I always control my emotions in every situation (big crisis or rise) on the market. Moreover, I believe that this thing is very essential to avoid financial losses, because many people are afraid and rush to make decisions at every sudden and unexpected event (like, the last big drop in most of crypturrencies), and this leads to bad consequences.
On the other hand, the most important thing is the self control , because this field has many unexpected surprises, and when you cannot control yourself, then you will not succeed in achieving your goals and ambitions and you will lose many times and in a frequent way. Unfortunately, the issue that many people in that field have a psychological problems.
On the other hand, the most important thing is the self control , because this field has many unexpected surprises, and when you cannot control yourself, then you will not succeed in achieving your goals and ambitions and you will lose many times and in a frequent way. Unfortunately, the issue that many people in that field have a psychological problems.
April 26, 2018, 06:25:27 PM
Hello guys please can we share our views on how to handle one emotions better especially when crypto market goes up and down to avoid selling token cheaply.
I think every trader should make their according to results of their own researches, because I think logic is always superior than the emotions. Also, I think being able to take the responsibilities of your next choices is really important, if you are in the cryptocurrency world.
April 26, 2018, 06:12:43 PM
Hello guys please can we share our views on how to handle one emotions better especially when crypto market goes up and down to avoid selling token cheaply.
This is the hardest thing in this market. Psychology decides it all. If you are calm and do not panic you will be rich in this market but it is hard to do that, I am a holder and I do not often see the price of the market. So when prices go up or down I do not care. I only sell when I reach the goalBut when we can handle it then we can make sure our income is coming for sure. Its most problem
April 26, 2018, 06:10:30 PM
Do your regular things you do, eat, sleep and exercise regularly, don't focus too much on the graph, unless your a trader. Having a cool mind also help you not to stress out.
Jump to: