Topic: How do you handle your emotion when crypto markets go up and down?? - page 8. (Read 1206 times)
April 26, 2018, 04:57:23 PM
I admit that I am still weak in this place. Feelings rise and want to sell when the market goes up, and fear when the market goes down. I also hope to receive more comments from other members in this topic to learn more about my mood coordination.
April 26, 2018, 03:24:27 PM
Buy only coins you BELIEVE in.
Belief comes when you know your coin...research the heck out of it then buy when you are content and believe it will gain value over time.
No matter what happens after that, you will feel secure.
Good luck!
This is good advice and the way to approach it that took me a long time to discover, there more trades I kept doing the worse off I became, now all my coins bar one or two I have strong belief in and believe that long term they will do well. Belief comes when you know your coin...research the heck out of it then buy when you are content and believe it will gain value over time.
No matter what happens after that, you will feel secure.
Good luck! April 26, 2018, 03:22:42 PM
Nohow. First, everyone makes their mistakes, and then learn how not to repeat them.
April 26, 2018, 02:55:20 PM
A lot of things you can undertake when stressed out, it depends on what type of a person you are though. You could do any of the following 5 things of which the last 2 are clearly better than the first 3 
.
-go for a jog
-train muscles
-read a book
-drink booze
-eat tasty food
only one things that i do when crypto market go up tren and down tren. im hangout with my girlfriends and traveling to calm down the mind for a moment..-go for a jog
-train muscles
-read a book
-drink booze
-eat tasty food
you all guys should take a rest and go hangout with your friends or your family and recover your body guys
April 26, 2018, 02:47:06 PM
A lot of things you can undertake when stressed out, it depends on what type of a person you are though. You could do any of the following 5 things of which the last 2 are clearly better than the first 3 .
-go for a jog
-train muscles
-read a book
-drink booze
-eat tasty food
.-go for a jog
-train muscles
-read a book
-drink booze
-eat tasty food
April 26, 2018, 02:45:42 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. 
Set your target and stick with that plan, so anything happen around you will not let you to do any panic, if you already settled your positions you justneed to wait till the target been achieved, I was then scared when certain dumped happen with my valued coins inside my wallet, start to sell and loses
my investment, but after that and I was able to understand how to handle situations, I'm just learned from it and keep my coin inside my wallet and
patiently waiting for my profits.
April 26, 2018, 01:56:43 PM
If you working buy your own strategy just be in it, and no matter what is the situation on the market< if you are here and invest your fund in market without strategy you should stop doing this
Of course, if you try and earn on the difference in the price of coins, then you can not be too emotional. But if you invested in Bitcoin at the level of $ 15,000, then today such a person simply destroys the moral situation on the market. April 26, 2018, 01:13:06 PM
If you working buy your own strategy just be in it, and no matter what is the situation on the market< if you are here and invest your fund in market without strategy you should stop doing this
April 26, 2018, 01:05:07 PM
In trading, emotions are not desirable, as they can increase the chance to make mistakes. You need to control your emotions, or completely discard them. Thats one thing that professional traders do.
However, it is important to know that the share of professional traders in crypto is far lower compared to stocks.
This is one of the reasons why the crypto market is so volatile, and if you bear that in mind, you might have a better chance predicting when the potential FUD/FOMO can happen.
So I'd say control your emotions, as they can lead to mistakes. But don't supress them fully, as plenty of the traders behave, think and feel the way as you do. Keep this in your mind, as you can benefit from this.
However, it is important to know that the share of professional traders in crypto is far lower compared to stocks.
This is one of the reasons why the crypto market is so volatile, and if you bear that in mind, you might have a better chance predicting when the potential FUD/FOMO can happen.
So I'd say control your emotions, as they can lead to mistakes. But don't supress them fully, as plenty of the traders behave, think and feel the way as you do. Keep this in your mind, as you can benefit from this.
April 25, 2018, 03:06:34 PM
When the market goes down it is very difficult to restrain emotions. You're worried, nervous. But when this phase drop is delayed for a long time you just get used to it already and did not react to what is happening around.
April 25, 2018, 03:03:57 PM
when you sold your stake in NEM years ago, to what it would be worth today, it becomes very easy to watch markets go up and down lol
April 25, 2018, 02:56:42 PM
I am not looking at price whole time. If i believe in some coin i will invest and check the price only every week. And i always put my money which i can afford to lose ( this is the first rule investing in crypto ) what i always check is the developer work on github or their weekly blog / news. If the team always make progress it is the good sign that they are working hard to make the coin / token price goes up.
April 25, 2018, 02:42:07 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.
Easy, just dont sell, and remember you are participating in a revolution. Crypto is going to be big in the next four years.
Ofcourse dont get stuck in worthles altcoin
April 25, 2018, 02:36:54 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.
Easy, just dont sell, and remember you are participating in a revolution. Crypto is going to be big in the next four years.
Ofcourse dont get stuck in worthles altcoin
April 25, 2018, 02:32:36 PM
What always keep me strong when there is depreciation in price of cryptocurrency is listening and reading the views and opinion of experts in cryptocurrency because some of the expert always foresee what will happen next.
April 25, 2018, 02:13:53 PM
if you are asking about how to handle it,nobody know about it surely.
because everybody have different capacity regarding this problem,but the most important thing that you need to know is.
no matter how good you are if you keep looking at it(live chart or something like that) when you are underwater.
you will be drowned by those emotion because you will feel fear and panic.
that is why you can not look at it continuously and you need to do something when you are underwater.
set your goal and take a break from cryptocurrency until everything is well.
because everybody have different capacity regarding this problem,but the most important thing that you need to know is.
no matter how good you are if you keep looking at it(live chart or something like that) when you are underwater.
you will be drowned by those emotion because you will feel fear and panic.
that is why you can not look at it continuously and you need to do something when you are underwater.
set your goal and take a break from cryptocurrency until everything is well.
April 25, 2018, 02:12:14 PM
I never had any emotion to respond to the ups and downs of the market, I just casually follow the course.
Doing things with emotion is sure the result will be bad.
The ups and downs of the market also have an advantage for us.
If the market again goes down it means it's time for us to invest if we have the capital and if the market goes up we can sell it.
Not so bro!
Doing things with emotion is sure the result will be bad.
The ups and downs of the market also have an advantage for us.
If the market again goes down it means it's time for us to invest if we have the capital and if the market goes up we can sell it.
Not so bro!
April 25, 2018, 02:10:17 PM
I think it is very difficult, especially when cryptomarkets go down. If you invest in cryptocoin for a long time, you can handle your emotion.
April 25, 2018, 01:51:35 PM
This is investment and emotions should not come into play, the best thing to do when investing or buying a token is to have a strategy and be discipline enough to stick to it, know when you what to be talking profit and what percentage you want to sell if the price dump
April 25, 2018, 01:30:55 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.
For investment in tokens I always choose long-term investments, I will wait for the next few years to have a high price on appeal when I buy it. It all depends on you, if you want to invest long-term you can ignore all your token price movements that you have. The best way is put your money in tokens and forget about the next few years, I'm sure you will become rich. We will always hope and even believe the price of cryptocurrency will be high in the future. Jump to: