From cryptomarket we got lesson about how keep patient when bitcoin and altcoin at lower price, how can control our emotion when faced moment with bitcoin and altcoin at lower price, without could control your emotion you will bot become trader on bitcoin.
Patience is really a lesson that everyone here receives and understands very well when they participate in crypto because in crypto, if we don't have patience, every effort is just zero, or if we don't have patience, we will miss a lot of opportunities and benefits. Another lesson that I think people can understand is greed in time and stop at the right time, if people can't control greed in each stage of the market, the market can bite back on us, we need to learn to be satisfied, rather than trying to achieve more 
Topic: LESSONS FROM CRYPTO MARKET - page 11. (Read 2404 times)
Last year was not a good year for me. Seems that I have such a big losses that time, hardly recovered. But to think that I was a silly greedy man who wasn't satisfied with a 2% profit. Lesson learned for me. We have to set out target profit and be contented with it.
Actually there are many lessons that can be learned about the market, and this we need to control so we can have a better future. When we experience a loss, we will be patient, but when we can do and succeed, the desire to continue to produce is always pursued, this is the greed that arises. The crypto market provides that opportunity and we will use it well to avoid the risks that occur.
After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:
+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
Fear and greed, there are still many lessons that can be taken from crypto, fluctuating and decentralized market analysis, and in it you can also take lessons such as read candles, news and volume movements. In my opinion there are still many things that might be more important. Then fear and greed are not specific to the crypto market, I mean you can take the both lesson on that not only in the crypto market but gambling can also. + Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
My lesson is to ask my self once more if this information is based on fact or based on someone who is "trust worthy". Humans tend to focus more on future expectations than present facts.
It seems to me that one of the biggest fears in the crypto market is the fear of losing all savings, remaining in debt and becoming a beggar. And it is precisely this fear that often prevents reasonable decisions from being made. To overcome it is very difficult. But it possible. And the person who copes with this is a strong person and it will be easier for him to achieve his goals.
Right.I think we all fear of losing from this investment because we are really expecting that cryptocurrency will give us bigger profits compared to other investments.But if we let this fear ruled our hearts and minds,then we cannot think anymore the best things to do.Right now,we should not be carried with fear and greed.Instead we should keep strong and calm.Everybody must be fear if his investment loss. But if we not panic and optimistic with our analysis on our investment, i think we should not fear. Cryptocurrency is future investment and we should not fear if we invest in right coin and we patient with our investment
It seems to me that one of the biggest fears in the crypto market is the fear of losing all savings, remaining in debt and becoming a beggar. And it is precisely this fear that often prevents reasonable decisions from being made. To overcome it is very difficult. But it possible. And the person who copes with this is a strong person and it will be easier for him to achieve his goals.
Right.I think we all fear of losing from this investment because we are really expecting that cryptocurrency will give us bigger profits compared to other investments.But if we let this fear ruled our hearts and minds,then we cannot think anymore the best things to do.Right now,we should not be carried with fear and greed.Instead we should keep strong and calm.
It seems to me that one of the biggest fears in the crypto market is the fear of losing all savings, remaining in debt and becoming a beggar. And it is precisely this fear that often prevents reasonable decisions from being made. To overcome it is very difficult. But it possible. And the person who copes with this is a strong person and it will be easier for him to achieve his goals.
Right.I think we all fear of losing from this investment because we are really expecting that cryptocurrency will give us bigger profits compared to other investments.But if we let this fear ruled our hearts and minds,then we cannot think anymore the best things to do.Right now,we should not be carried with fear and greed.Instead we should keep strong and calm.
It seems to me that one of the biggest fears in the crypto market is the fear of losing all savings, remaining in debt and becoming a beggar. And it is precisely this fear that often prevents reasonable decisions from being made. To overcome it is very difficult. But it possible. And the person who copes with this is a strong person and it will be easier for him to achieve his goals.
I have experienced greed where the price of Bitcoin reached 15000% I did not sell it until now it became fearful, afraid one day I sold it now and hoped the rise in Bitcoin would repeat again but in one I desperately needed funds for daily needs, doubts began to occur in this moment I.
greedy fear? wavering.
greedy fear? wavering.
Greed and Fear are things that worked well when talking about getting to earn money. At the end of the day still it boils down to certain things that you alone have the power to choose between whether to buy or not. Still your experiences works better than just plainly looking at people's fear or perhaps attempting to analyze the Greed that could cause prices and volumes to go up again.
We do get valuable lessons by plunging into the world of crypto, that fear is always there and continues to haunt if we experience loss, and revenge becomes greedy to get what we want. This must indeed be controlled to be able to control emotions. Doing the right and meticulously to keep getting results.
that is the main opponent of a person is greediness if we put greediness on our career here then the risk is very high. We better learn to wait rather than creating a bad decision because of our own greediness.
experience that condition also. when in the market and I begin to realize and learn from that condition
We do get valuable lessons by plunging into the world of crypto, that fear is always there and continues to haunt if we experience loss, and revenge becomes greedy to get what we want. This must indeed be controlled to be able to control emotions. Doing the right and meticulously to keep getting results.
Lust and also ambition must be able to be controlled here because with great lust, destruction will happen to us. we must be able to be patient and also increase our experience of understanding the market including trading so that we really understandAfter a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:
+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
One way of avoiding greed is to make a reasonable profit for you and after that money exceeds your expectations then the extra money you earn is the one you are trying to gain profit as a second batch capital. Losing is a way of life and winning is too. Accept the outcome of your work whether it is good or bad. Don't focus on earning money, instead focus on earning knowledge because it cannot be taken from you hehe. Have a responsible way of thinking and avoid greed.+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
Have a entry and a good exit plan, that's it, you don't need to make it complicated.
But the problem is that even if traders have a good exit plan, most of the time, they wanted more. Lol.
But when they lost, they blame everyone. Good thing though is that they could have learn a valuable lessons if they have greed in their system. There's nothing wrong in booking your profits according to your exit plan and then live another day to trade, just saying.
We do get valuable lessons by plunging into the world of crypto, that fear is always there and continues to haunt if we experience loss, and revenge becomes greedy to get what we want. This must indeed be controlled to be able to control emotions. Doing the right and meticulously to keep getting results.
Lust and also ambition must be able to be controlled here because with great lust, destruction will happen to us. we must be able to be patient and also increase our experience of understanding the market including trading so that we really understand
We do get valuable lessons by plunging into the world of crypto, that fear is always there and continues to haunt if we experience loss, and revenge becomes greedy to get what we want. This must indeed be controlled to be able to control emotions. Doing the right and meticulously to keep getting results.
Lust and also ambition must be able to be controlled here because with great lust, destruction will happen to us. we must be able to be patient and also increase our experience of understanding the market including trading so that we really understand We do get valuable lessons by plunging into the world of crypto, that fear is always there and continues to haunt if we experience loss, and revenge becomes greedy to get what we want. This must indeed be controlled to be able to control emotions. Doing the right and meticulously to keep getting results.
that is the main opponent of a person is greediness if we put greediness on our career here then the risk is very high. We better learn to wait rather than creating a bad decision because of our own greediness.
Indeed the hardest opponent is greed, this will not have a good impact, greed in a career can be self-defeating and this must be controlled, better wait and be patient to get positive things.
We do get valuable lessons by plunging into the world of crypto, that fear is always there and continues to haunt if we experience loss, and revenge becomes greedy to get what we want. This must indeed be controlled to be able to control emotions. Doing the right and meticulously to keep getting results.
that is the main opponent of a person is greediness if we put greediness on our career here then the risk is very high. We better learn to wait rather than creating a bad decision because of our own greediness.
Indeed the hardest opponent is greed, this will not have a good impact, greed in a career can be self-defeating and this must be controlled, better wait and be patient to get positive things.
We do get valuable lessons by plunging into the world of crypto, that fear is always there and continues to haunt if we experience loss, and revenge becomes greedy to get what we want. This must indeed be controlled to be able to control emotions. Doing the right and meticulously to keep getting results.
that is the main opponent of a person is greediness if we put greediness on our career here then the risk is very high. We better learn to wait rather than creating a bad decision because of our own greediness.
After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:
+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
+ Fear
+ Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
Yes you are right there both things that you are mentioned in your topic was been happen to everyone while there was beginning to some way of money making but in the cryptocurrencies field we don't need to see it for long time because when we make the money it will not stable in our hand the things we need to know about this field was being how we handle that money is the most important.
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