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Topic: Notice your emotion - page 6. (Read 994 times)

hero member
Activity: 1680
Merit: 506
Trphy.io
August 26, 2021, 06:46:02 AM
#35
When market conditions like this are necessary for us to be careful in trading. This could be a trap that will get us into a trap if done with explosive emotions. Investments must prioritize analysis and patience. For now, long-term investment choices are not appropriate in my opinion because prices are in an increasing condition.
Precisely because of the increase in the market so that it can be very suitable for investing in the long term, because for long-term investments, you must always choose good coins such as Bitcoin, Ethereum, BNB, Cardano and Matic
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
August 26, 2021, 11:16:38 AM
#35

Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices.
But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
That is why before you decide to trade or invest in any investment, you need to make a plan and try to stick with that to minimize the risk that can happen later. When you decide to invest in crypto, especially bitcoin, you can just buy and forget it for a while and not watch or monitor the price every day because that can make you panic and forget your plan. If you can manage your emotion, you will calm down if the price fluctuates or getting down because you will hold your coin tight.
hero member
Activity: 2016
Merit: 701
August 26, 2021, 07:15:39 AM
#34
There is no wrong when retreating if you know what you are doing.

Our emotions must not intervene in our trading or investing strategy , because our mind must control of everything specially if we have plans in what we are doing.
It's true, emotions must always be separated from any trade, because Emotions are not a good solution for all jobs, because completing work is not with Emotions, moreover everyone has specific targets to achieve their own profit goals.
member
Activity: 1148
Merit: 58
August 26, 2021, 07:08:18 AM
#33
Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing Smiley
You need to be more careful when making long-term investments, you should constantly follow the updates
But depend on your capacity to keep the coins mate because others are just leaning for their income in short period of time.
and when the market dumps for a  day or so they are already panicking because they have no other resources to take funds for living.
hero member
Activity: 2898
Merit: 597
Eloncoin.org - Mars, here we come!
August 26, 2021, 06:22:30 AM
#32
You have all of those but in the end, you'll still be having bad experience due to the situation that you have to deal with. Even the best traders do also feel panic and they cannot contain it.
No one is exempted with that when you trade because it normally happens whenever we see the market isn't in the shape that we want to see.
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves.
Yes, that's how it should be. You're not weak if you know when you have to retreat. As for holding, it do matter that you have complete faith with what makes you hold even if you have to retreat. But sometimes, yeah, it should be the solution for you to take some time and have a rest.
Go back when you think you're stronger and you can manage to beat your emotion.
emotions become the muddler of our clear mind to analyze and determine attitudes. lest we take the initiative when emotions dominate, so that this can make mistakes in acting. but unfortunately humans cannot be separated from emotions, so we must be able to manage it and still be able to think clearly
We cannot be separated from our emotions but we can control it. I sometimes feel that I cannot control myself so I act as if I'm doing something forcefully just to take out what's inside of me.
I know that seems to be odd for some but when you're emotional with something and you cannot control it anymore, you tend to do things just to put your emotion into it instead of letting it stay inside you.
hero member
Activity: 2856
Merit: 574
August 26, 2021, 05:54:42 AM
#31
Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing Smiley
You need to be more careful when making long-term investments, you should constantly follow the updates
Many people sell in a panic because the price starts to go down and do not think that the price is making a correction and they need to be patient for a while.
They did not see the chance to accumulate more amount when the price is down instead of the following panic in the market.
When it comes to the investment, they need to have patience and have the other things that can help them avoid thinking about the price moves.
We really need to manage our emotions and not just listen to the news that we do not know if that news is real or fake so we can keep the investment until the time is come to sell the investment.
full member
Activity: 1260
Merit: 103
The OGz Club
August 26, 2021, 05:40:41 AM
#30
Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing Smiley
You need to be more careful when making long-term investments, you should constantly follow the updates
I think panic itself will cause us to lose and things like that must also be realized.
whether we make long-term or short-term investments, we still need to be careful,
we must be able to control the panic within ourselves
sr. member
Activity: 1876
Merit: 318
August 26, 2021, 04:27:17 AM
#29
You have all of those but in the end, you'll still be having bad experience due to the situation that you have to deal with. Even the best traders do also feel panic and they cannot contain it.
No one is exempted with that when you trade because it normally happens whenever we see the market isn't in the shape that we want to see.
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves.
Yes, that's how it should be. You're not weak if you know when you have to retreat. As for holding, it do matter that you have complete faith with what makes you hold even if you have to retreat. But sometimes, yeah, it should be the solution for you to take some time and have a rest.
Go back when you think you're stronger and you can manage to beat your emotion.
emotions become the muddler of our clear mind to analyze and determine attitudes. lest we take the initiative when emotions dominate, so that this can make mistakes in acting. but unfortunately humans cannot be separated from emotions, so we must be able to manage it and still be able to think clearly

Of course we may not be able to make the right decisions when our emotions are not controlled, which will make us suffer losses. In investing or
trading it is very important to control emotions, because we need to do analysis before making decisions, if our emotions are not controlled will make
the analysis results are not optimal. It's not easy to control emotions sometimes for some people it takes a relatively long time to really control
their emotions. But controlling emotions does need to be done gradually and with time we will start to get used to controlling our emotions.
As long as we try nothing is impossible.
legendary
Activity: 2562
Merit: 1481
August 26, 2021, 03:03:32 AM
#28
Those who make sales in panic or thinking that they are losing are making a loss. But if you are patient, the amount of money you lose will decrease. Your psychology is very important when investing Smiley
You need to be more careful when making long-term investments, you should constantly follow the updates
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
August 26, 2021, 03:01:09 AM
#27
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves.
Going forward with the concept of greed is a very bad thing and will cause everyone to be harmed by their own actions, so it is still better to retreat than go forward with greed, because that is not a good thing to do.
There is no wrong when retreating if you know what you are doing.

Our emotions must not intervene in our trading or investing strategy , because our mind must control of everything specially if we have plans in what we are doing.

It's like that if we decide to become active traders. but if we decide to become investors, then we will not often see the prices that occur every day on the coins we have. it's just that we'll see in a few months/years about the price of the coins we have. so in essence if we invest there will be less risk of loss than being an active trader
Trading for daily basis is far from buying and holding.
so we must know where to stand, if we will be a trader or will be a Holder.
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
August 25, 2021, 07:40:02 PM
#26
Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.
Well it's definitely a battle between your mind and heart and if you only follow your own emotions, then it will never lead you in a positive way but more likely end up losing. This is why we traders and investors should separate our emotions from our investments so we can have focus and determination on the goal we have set to achieve.

But this is just easy to say but hard to apply when you're in the real scenario. You will still gets affected with what your emotion says and there's nothing we can do about that but control it as much as we can. Even the legendaries here still share the same feeling and there's no one here will be excused to that. So definitely self-control is the hardest thing to do.
member
Activity: 609
Merit: 10
Rexx
August 25, 2021, 06:55:47 PM
#25
It's like that if we decide to become active traders. but if we decide to become investors, then we will not often see the prices that occur every day on the coins we have. it's just that we'll see in a few months/years about the price of the coins we have. so in essence if we invest there will be less risk of loss than being an active trader
hero member
Activity: 2898
Merit: 597
Eloncoin.org - Mars, here we come!
August 25, 2021, 07:22:00 PM
#25
You have all of those but in the end, you'll still be having bad experience due to the situation that you have to deal with. Even the best traders do also feel panic and they cannot contain it.
No one is exempted with that when you trade because it normally happens whenever we see the market isn't in the shape that we want to see.
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves.
Yes, that's how it should be. You're not weak if you know when you have to retreat. As for holding, it do matter that you have complete faith with what makes you hold even if you have to retreat. But sometimes, yeah, it should be the solution for you to take some time and have a rest.
Go back when you think you're stronger and you can manage to beat your emotion.
full member
Activity: 1848
Merit: 158
August 25, 2021, 06:59:55 PM
#24
It's like that if we decide to become active traders. but if we decide to become investors, then we will not often see the prices that occur every day on the coins we have. it's just that we'll see in a few months/years about the price of the coins we have. so in essence if we invest there will be less risk of loss than being an active trader

But don't forget to follow the updates the coins that you invested with. Because if not, you will be surprised if the project has been abandoned already or their site is already gone. This happened to so many alts so you need to keep up with their developments.

Also, in terms of trading, once you execute your trade, move on, don't check again and again if what you did is right. Because you will go crazy if you will do that, especially if the coin's value increased after you traded. I learned my lesson on that part.
hero member
Activity: 2828
Merit: 666
August 25, 2021, 12:03:19 PM
#23
Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.

As even you already have good experienced but there's time that this emotion still controls you and lead

you to lose your opportunities.

There are traders who suffer from this mistake, thinking that everything was on plan but along the ways changes due to emotion and greed

instead of quitting they tend to push forward they will only realize the wrong doing when they already lose their money.
Not just in trading or investing emotions is involved, but even to all actions that we have done, emotions there are still involved. So it's very hard for us to trade without the emotions in it since it will always be our best enemy that's so hard to fight with. Even those experts in trading are never excused from battling from their emotions so as to come up trading successfully.

Greed is something that we should learn to combat with once we are into this kind of industry. As long as its always present, it will never help us gained the profits we work hard for. But instead, it will be the cause of our losses that we traders are always afraid of.
hero member
Activity: 2114
Merit: 520
August 25, 2021, 11:33:19 AM
#22
Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.

As even you already have good experienced but there's time that this emotion still controls you and lead

you to lose your opportunities.

There are traders who suffer from this mistake, thinking that everything was on plan but along the ways changes due to emotion and greed

instead of quitting they tend to push forward they will only realize the wrong doing when they already lose their money.
hero member
Activity: 1736
Merit: 520
Leading Crypto Sports Betting & Casino Platform
August 25, 2021, 11:00:18 AM
#21
Emotions play a very important role. I have seen a lot of traders who are good at analyzing markets, trends and predicting coins with amazing accuracy. but emotions, greed is something they can't control, which leads to losses.
hero member
Activity: 2016
Merit: 701
August 25, 2021, 10:50:54 AM
#20
Sometimes we know that we should retreat, but greed makes us keep holding and it is difficult to control ourselves.
Going forward with the concept of greed is a very bad thing and will cause everyone to be harmed by their own actions, so it is still better to retreat than go forward with greed, because that is not a good thing to do.
member
Activity: 889
Merit: 60
August 25, 2021, 10:02:27 AM
#19

Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices.
But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.

It depends what tokens are you holding though. You can hold your rug pulled project to the end of time and get nothing from it, no matter what you plan was, it's pointless to hold if the fundamentals change. So always double check the fud, even when it isn't real, it often affects the price trend, especially in crypto.
hero member
Activity: 1582
Merit: 689
Leading Crypto Sports Betting & Casino Platform
August 25, 2021, 09:58:52 AM
#18

Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices.
But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
Long term investment really help people who easily panic when doing daily trading. For people like me, if doing long term investment made me not too much seeing market. Maybe only news from other traders about price. If too much open market and seeing price, sometime it made us afraid if price dumped or maybe made us not be patient why price not increased that can cause we sell our assets early.
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