Topic: Know When to Stop. Lesson for Everyone, Particularly Investors (Read 990 times)

A trader must observe carefully before taking any new trade. If he is exposed to any information with any kind of error before trading, then he must re-acquaint himself with that information. That is why the trader must consider timing. You must use your intelligence while trading. If you trade on someone else's suggestion, there is more chance of loss than profit.
Of course, a trader should make a decision after analyzing the opinion given by others and comparing it with his own opinion. In trading we often have emotions that need to be controlled. If a trader takes a trade on depending on emotion, he is bound to lose. Of course a should pay maximum attention to the above matters.

Or rather, what you need to do is not put your money into things that will lose you money, such as gambling and trading. If you invest what you spend on those two activities in bitcoin in the long term you will be much better off, but of course you won't feel that rush feeling that gets you hooked. After so many threads about how to control your emotions both here and in the gambling section wewill have to think that it is better not to fall into those emotions and even less while gambling our money away.

If you sold not at 68k but at 50k, you would still have an excellent chance of increasing the number of your bitcoins. But the eternal hold strategy may not work all the time, what if something changes after this bull market, what if this is the last bull market?

I’m not saying that this is so, I just want to say that it always makes sense to take profits, this can give you advantages in different situations and maintain your profits. Of course, to successfully carry out these actions, you need to have a good ability to analyze the market, otherwise you can make too many mistakes, due to which you can miss out on big profits.

I believe that people who are in profit may end up staying if it is a good coin, but when it is a risky one then getting out is more important. Like for example if you invest into bitcoin and not sell when it peaks, that's fine because it may peak again a few years later, like lets say you didn't sell at 68k, you could have bought a lot more if you did, so it is smart to sell at peak but let's assume you didn't, doesn't mean that you are going to lose all your money, you could still end up holding it and sell at the next peak when the bull run happens.

You didn't sell at 68k? Then you can hold for 10 years and sell at 500k, it is still possible and will give you a greater return. But at low stuff like doge, that's not possible.

If you ever catch yourself hurrying to make a trade – Pause.

If you become irritable when someone interrupts you as you analyze your investments – Pause.

If you're consumed by doubts about whether buying or selling is the right move – Pause.

If emotions start to dominate your decision-making – Pause.

Whenever you feel rushed and find yourself making decisions without considering your strategy, step back and take a break. Return when you can approach your decisions in a deliberate manner.

Perhaps all you need is a short coffee break, or maybe you should step away for a day or even a week. Your portfolio will still be there when you return. Remember, you're not a day trader. You don't have to react to every minor market swing. Not a single day in the market should make you feel like you're racing against time.

One of the advantages of the Dual Investment Strategy, which I've discussed before, and it doesn't really demand constant attention. You can set up your portfolio, step back, and live your life, checking on your investments when it's convenient for you. Let your life schedule when you review your portfolio, rather than letting the market dictate your life. There's nothing in this strategy that necessitates an immediate reaction to market movements. Just because the market is moving rapidly doesn't mean you have to follow the crowd blindly. The same holds true for the Dollar Cost Averaging (DCA) method.

Is buying for investment or buying for trading different? It seems that you were in trouble when you said this. When you buy cryptocurrency on any exchange, it can be called an investment; it cannot be otherwise. Whatever we buy on the trading platform, whether short- or long-term, can be called an investment.

So I can't imagine from which angle you base the conclusion that trading and buying for investment are different. I think you're wrong about that; you don't know what you're talking about, in my opinion.

Buying for investment or buying for trading is different. The first one will be more calm and the latter one will be more emotional.

If you are an investor and applying Dollar Cost Averaging, dips are great chances for you to accumulate bitcoin and surely good for DCA. This is not applied for altcoins because altcoins are shitcoins. They can be minted during a dead spiral like Terra $LUNA and must note, many altcoin tokens have a Mint function to do the same thing did by Do Kwon in May 2022.

So, what you're getting at is, don't let your emotions run the show. We've got a strategy or game plan to stick to, and we can't allow our feelings to take the wheel. That's why we have these popular terms like FOMO and FUD - they're all about investors and traders making decisions based on their emotions.

Or rather, what you need to do is not put your money into things that will lose you money, such as gambling and trading. If you invest what you spend on those two activities in bitcoin in the long term you will be much better off, but of course you won't feel that rush feeling that gets you hooked.

Controlling your emotions on certain situations or whatever you are currently dealing will really be that something that much needed.If you do find yourself that having a hard time on trying out to make things balance then it would really be that a big challenge for you to sustain up on this unpredictable space or something that havent really that much too able to handle up when it comes to risks and problems on which investing does have. Its true that there are really indeed moments on which you could really be that having a hard time on making up decisions due to lack of knowledge.
Sooner or later on which on the time that you are really that gaining up that knowledge and awareness of things, then its really that impossible that you cant really be able to
learnt up something from that. It is really just that a matter of self control and awareness basing up on the things that you are really that tending to engage with.

The cryptocurrency market is known for its swift movements, which can often lead to impulsive reactions. When you wake up to a sea of red in the market, the instinct might be to either rush in to buy or hastily sell. However, the best response often involves taking a step back. It's essential to learn to recognize warning signs that indicate you should pause and reflect before making decisions.

Investing in Bitcoin or cryptocurrency in general is more of a marathon than a sprint. You'll likely be part of this market for many years, and during that time, you'll witness significant fluctuations.

If you ever catch yourself hurrying to make a trade – Pause.

If you become irritable when someone interrupts you as you analyze your investments – Pause.

If you're consumed by doubts about whether buying or selling is the right move – Pause.

If emotions start to dominate your decision-making – Pause.


Your decisions should be made thoughtfully. You should have clear reasons for buying or selling a specific cryptocurrency and how it aligns with your overall strategy. Make choices based on your strategy's principles.

Whenever you feel rushed and find yourself making decisions without considering your strategy, step back and take a break. Return when you can approach your decisions in a deliberate manner.

Perhaps all you need is a short coffee break, or maybe you should step away for a day or even a week. Your portfolio will still be there when you return. Remember, you're not a day trader. You don't have to react to every minor market swing. Not a single day in the market should make you feel like you're racing against time.

One of the advantages of the Dual Investment Strategy, which I've discussed before, and it doesn't really demand constant attention. You can set up your portfolio, step back, and live your life, checking on your investments when it's convenient for you. Let your life schedule when you review your portfolio, rather than letting the market dictate your life. There's nothing in this strategy that necessitates an immediate reaction to market movements. Just because the market is moving rapidly doesn't mean you have to follow the crowd blindly. The same holds true for the Dollar Cost Averaging (DCA) method.

Yes, that's a very precise point, when dealing with trading you need to compose yourself, you need to make sure that you have that capabilities, especially when in terms of emotions, if you can control your emotions and you can work in each kind of market situation then it's fine working with this kind of venue of investment, with good handling of your finances and without worrying about your emotions you can think clearly and follow the trend the right way.

It will most likely like gambling if we cannot control our emotions and we trade by using leverage. Trading in my opinion must consider lot of think including techincal analysis fundamental analysis and Emotion control. I think 3 of them is the main point.

when you can do 3 of them I think do trade would be fine. 

Happy trading everyone.

The cryptocurrency market is known for its swift movements, which can often lead to impulsive reactions. When you wake up to a sea of red in the market, the instinct might be to either rush in to buy or hastily sell. However, the best response often involves taking a step back. It's essential to learn to recognize warning signs that indicate you should pause and reflect before making decisions.

Investing in Bitcoin or cryptocurrency in general is more of a marathon than a sprint. You'll likely be part of this market for many years, and during that time, you'll witness significant fluctuations.

If you ever catch yourself hurrying to make a trade – Pause.

If you become irritable when someone interrupts you as you analyze your investments – Pause.

If you're consumed by doubts about whether buying or selling is the right move – Pause.

If emotions start to dominate your decision-making – Pause.


Your decisions should be made thoughtfully. You should have clear reasons for buying or selling a specific cryptocurrency and how it aligns with your overall strategy. Make choices based on your strategy's principles.

Whenever you feel rushed and find yourself making decisions without considering your strategy, step back and take a break. Return when you can approach your decisions in a deliberate manner.

Perhaps all you need is a short coffee break, or maybe you should step away for a day or even a week. Your portfolio will still be there when you return. Remember, you're not a day trader. You don't have to react to every minor market swing. Not a single day in the market should make you feel like you're racing against time.

One of the advantages of the Dual Investment Strategy, which I've discussed before, and it doesn't really demand constant attention. You can set up your portfolio, step back, and live your life, checking on your investments when it's convenient for you. Let your life schedule when you review your portfolio, rather than letting the market dictate your life. There's nothing in this strategy that necessitates an immediate reaction to market movements. Just because the market is moving rapidly doesn't mean you have to follow the crowd blindly. The same holds true for the Dollar Cost Averaging (DCA) method.

Just learn to stop when everything that is happening is not on your side. Even professional traders sometimes experience this kind of feeling, so they just take a pause and eventually come back in trading when they're not exhausted anymore. But no matter how often you take your breaks but still the same result is observed, I guess you need to change your strategies in trading. Develop a new one and then work on it. And if it's still not working, assess yourself if you can still bear your future losses because if not, change your plan and change your career. Sometimes we need to separate our habit and interest to our own career, if it's the only way that we can stop ourselves from experiencing the same failures and losses that already happen repetitively.

If we don't take any action, like gambling or trading, we won't experience getting a profit for sure. That means we still have to choose between those two sources of earnings. That's why we should use our emotions well and correctly for the benefit of ourselves.

That's why, in order to know when to stop, there are underlying factors. For example, in bitcoin trading, you can check the crypto updates to see if there is any positive news. Second is what is happening in the market price value of Dxy and the latest happening in other currencies in stocks, and so on, because that will be your reference so you can measure where and when you should buy and sell.

It's a wrong choice to use our money on things we don't understand well, causing us to lose that money. Investing in Bitcoin in the long term will certainly be able to gain profits if we have a good strategy in collecting it and also we must be able to hold it for a long period of time to be able to profit from the investment we make. You are right, emotions will indeed be a bad thing in any case if we cannot control them well, so we really need to be able to control them so that they don't have a bad impact on us.

Or rather, what you need to do is not put your money into things that will lose you money, such as gambling and trading. If you invest what you spend on those two activities in bitcoin in the long term you will be much better off, but of course you won't feel that rush feeling that gets you hooked. After so many threads about how to control your emotions both here and in the gambling section wewill have to think that it is better not to fall into those emotions and even less while gambling our money away.

Or rather, what you need to do is not put your money into things that will lose you money, such as gambling and trading. If you invest what you spend on those two activities in bitcoin in the long term you will be much better off, but of course you won't feel that rush feeling that gets you hooked. After so many threads about how to control your emotions both here and in the gambling section wewill have to think that it is better not to fall into those emotions and even less while gambling our money away.