I am now trading altcoins, usually I trade when the market is fast moving. That way I don't feel nervous about buying coins. But when I am not sure, I usually leave my coins on the bid and wait. As much as possible I don't want losses. Patience, you should have that when you are into trading. As much as possible, observe the price movement and the bidders. Sometimes they are tricking you to sell more on low price, don't ride with them.
Topic: How do you manage ur emotions? - page 10. (Read 55934 times)
Panic selling is probably the worst thing a trader could ever do with BTC. That happens because people invest and buy more then what they can afford to lose because If they didn't buy more , they simply wouldn't care , have patience and wait whatever time It takes until It raises again.
People who bought more then what they can afford to lose are always in panic and the least drop in the price could make them panic sell and that could result into losses , however If they waited , It could've go up again.
People who bought more then what they can afford to lose are always in panic and the least drop in the price could make them panic sell and that could result into losses , however If they waited , It could've go up again.
That's right. Also, bitcoin is such a big value asset that you would actually need a big capital to invest in it, so now, since most assets, including Bitcoin, is not in a good state. I would certainly be a loss if you would sell it now without planning ahead. Also, being a trader, you should go by trades with too much emotions with them. This market can't be gauged with just gut feeling, everything should be calculated, planned and researched upon, so that it wouldn't amount to a loss.
It's hard to not be emotional. I try to tell myself to just be happy with the decision I make when selling. That is where I get the most emotion. I feel like when I sell and the price went up I missed out (again). FOMO is real but I am slowly getting over it especially since I am able to get into good projects.
Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
Actually im also an emotional person, this thing happen to me disame as you experience bro,when i thinks those coins should i sell,immediately because im in FUD decision that my coins continue to drop down several week,so i sell it all in lowest price,but the month after that it will pump in the market and that time i have regrets that why should i sell it hurriedly,but thats things can learn me experience that not to get an conclusion when you are in panic situation.
I manage actually emotion by making myself calm and do some things that will make me more comfortable.
Through this I can manage my decision and think clearly in order to provide a good action.
Through this I can manage my decision and think clearly in order to provide a good action.
Very simple: I don't try to manage them, but I try to listen what they want to say.
Fear of loss is very natural, so is it greedy: we all want to win, nobody want to lose.
And in a lot of cases, emotions can save you from very bad decision.
So, the secret is: don't try to stop your emotion, observe them, and listen to their messages.
Fear of loss is very natural, so is it greedy: we all want to win, nobody want to lose.
And in a lot of cases, emotions can save you from very bad decision.
So, the secret is: don't try to stop your emotion, observe them, and listen to their messages.
These negative emotions are absolutely awful to experience. But what if I told you we can make use of them? What if we can use negative emotions to make a positive change.
Emotions exist for a reason. They tell us what is important, what to take notice of and what to remember.
Emotions exist for a reason. They tell us what is important, what to take notice of and what to remember.
Knowing your emotional triggers can help you avoid the problems in the first place. Being able to alter your thoughts and reactions will build your confidence in your own ability to cope. With practice, you’ll be able to turn negatives into positives, and, each time, gain emotional fulfillment.
Exactly if you know how to control and manage this emotions then you will be able to turned things into positive directions, feelings can be switch in what way we wanted it to be, so if you know the impact then you will be able to change the outcome, always being positive and think that each time you made any decisions it will always favored to you no matter what is the result.
Practice makes it perfect for me.
When I started, I started small and kept expanding my risk tolerance as my roll grew.
It goes without saying that one should know bank roll management, always have a plan, and know enter / exit positions, both profit and loss.
Life is so unpredictable overall so no need to be caried away by emotions while you are living through it, just ride it IMO.
When I started, I started small and kept expanding my risk tolerance as my roll grew.
It goes without saying that one should know bank roll management, always have a plan, and know enter / exit positions, both profit and loss.
Life is so unpredictable overall so no need to be caried away by emotions while you are living through it, just ride it IMO.
Knowing your emotional triggers can help you avoid the problems in the first place. Being able to alter your thoughts and reactions will build your confidence in your own ability to cope. With practice, you’ll be able to turn negatives into positives, and, each time, gain emotional fulfillment.
Think positive all the time as that will give you confidence that you surpass your problem as s trader. We all started as newbie but in the long run we expect to develop ourselves so we can eventually get the success we are aiming.
That would actually be depending on us, if we work hard we will be able to see some progress.
Knowing your emotional triggers can help you avoid the problems in the first place. Being able to alter your thoughts and reactions will build your confidence in your own ability to cope. With practice, you’ll be able to turn negatives into positives, and, each time, gain emotional fulfillment.
My best strategy for keeping my emotions under control is to work under well-established rules and stick to them with complete discipline. Also many time I leave my trades working automatically and go away from my PC to avoid any emotional impulse.
Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
Working with emotion and psychological panic of many people are the reasons make Bitcoin reduced deeply in recent times. But you don't worry, it is very normal in the new trader, I also have been so. However, you need to be serious about this because emotional control is not easy. I advise you to relax after each trade, don't interested in profit or loss. Make your own rules, never break it and keep the psychological. This is only my advice, to do this also depends a lot on yourself While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
Manage your emotions. In this kind of business you are always into money. Getting your capital increase everytime you are trading is what you always think and It is programmed. Ofcourse you wanted to earn that is why you are here. I suggest that you need to disregard the value of money, everytime you think about the value of money you'll lose your temper. Having daily job can help. Being rich can help also for you don't need to sell your assets to pay bills, on that way you can hodl your coins more that would result greater results. So basically it's all about how you value money and MONEY ALONE.
My method used to be to take some substance but that didn't go well for me now I drink water, do some yoga, and in general try to eat well. I find the best balance in life creates the best mood and I strive for balance everyday (some 12 crypto days make that hard though hah)
I try to meditate or go for a walk. Sometimes it doesn't help. But just try!
I tried meditation, but it did not help. I have 2 ways out: to start working physically very hard or to watch a very funny comedy!
I try to meditate or go for a walk. Sometimes it doesn't help. But just try!
I tried meditation, but it did not help. I have 2 ways out: to start working physically very hard or to watch a very funny comedy!
I try to meditate or go for a walk. Sometimes it doesn't help. But just try!
I tried meditation, but it did not help. I have 2 ways out: to start working physically very hard or to watch a very funny comedy!
I try to meditate or go for a walk. Sometimes it doesn't help. But just try!
I tried meditation, but it did not help. I have 2 ways out: to start working physically very hard or to watch a very funny comedy!
I try to meditate or go for a walk. Sometimes it doesn't help. But just try!
I tried meditation, but it did not help. I have 2 ways out: to start working physically very hard or to watch a very funny comedy!
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