I discussed this with many different crypto investor friends and we all realized emotions drive us hard. For example I only invest into coins when I am in good mood. Not because I make more. Most of crypto investors are greedy and lose money investing into leverage.
Some people wanna make money all the time so do "get rich quick" type of investments and lose a lot at once.
Topic: Notice your emotion - page 7. (Read 1062 times)
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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.
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.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.
It is true that trade can be detrimental if simple planning and passion are not ignored trading plans will help you go a long way. Let's learn to control emotions never brings success to any task analyze the market using your skills and work with a cool mindset evaluate your trading plans and processes periodically especially when your financial or life situation changes. Also do regular analysis and research to coordinate it with your trading plan.
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.
would you still feel the panic of emotions? nope because you already knew this will come and what will happens next, unless you are a stupid investors that knowing nothing for long .
Able to control or manage your emotion will help you too to make you stick to your plan, like in trading or investing, you have a goal like a price target for a specific date or time, then if you stick with it, you may be able to achieve your plan.
Cryptocurrency is extremely volatile asset, that's why your emotion here is also your enemy.
even here emotions become the biggest enemy to determine success. usually what happens when we have planned a strategy and emotions sometimes mess it up, when the target has not been achieved we are afraid the market will come back again, or vice versa when we have to cut losses but because we are emotional we let go, and end up losing more Cryptocurrency is extremely volatile asset, that's why your emotion here is also your enemy.
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. 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.
First, at least we must know what we are doing onn why do we need to invest and why do we trade. Trading is not that simple because the market is already a complex one with the continuous fluctuation of the price but at least if you know what you are doing then you can make a decent profit.
Controlling our emotions while trading is important because everything affects down the line. But once you do, you'll be able to make another decision based on the TA that you did.
Controlling our emotions while trading is important because everything affects down the line. But once you do, you'll be able to make another decision based on the TA that you did.
Able to control or manage your emotion will help you too to make you stick to your plan, like in trading or investing, you have a goal like a price target for a specific date or time, then if you stick with it, you may be able to achieve your plan.
Cryptocurrency is extremely volatile asset, that's why your emotion here is also your enemy.
Cryptocurrency is extremely volatile asset, that's why your emotion here is also your enemy.
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.
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.
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.
In my opinion, there are two emotions that we most often feel, namely fear and greed, and of course this affects our profit or loss in trading, if we are afraid to lose, usually we will actually lose more, because we don't dare to cut losses and continue to hope for movement the price will reverse direction, but if it turns out that the price continues to fall, of course the losses we experience will be greater, so according to him we need to know the right time to cut loss or not by doing the right market analysis.
in addition, greed is an emotion that can also affect our trading activities, in fact we must be disciplined and committed to the profit targets we have made before trading, For example, when the profit has reached the target, immediately close the position and exit the market and don't become greedy and violate the profit target in order to pursue higher profits because market conditions are difficult for us to predict.
As long as you are believing in your analyzation and then emotion can be controlled easily. In my experience, if people have various targets to trade in the market. When you were holding it for the long term and then you will sell when it reaches a good price but when you have become a long-term hodlers and then you must forget what you have been holding.
This sounds ridiculous but so many people have become millionaires caused by this as long as you were holding legit assets.
Emotion must be controlled to make our trade to be a successful trade because the volatility can also give impact to our emotions.
This sounds ridiculous but so many people have become millionaires caused by this as long as you were holding legit assets.
Emotion must be controlled to make our trade to be a successful trade because the volatility can also give impact to our emotions.
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.
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 holding has nothing to do with trading plan. you need trading plan if you're loking to make profit in the short-mid term. if you're holding for years then there is no point on looking at daily chart. on top of that, if your token are trash then there is no way you can get some profits. it's just wishful thinking. 
Even if you have an easy plan, if you encounter truly unforeseen circumstances, emotions should be ignored because the reason in the head has lost control. And when you realize that these things are due to the process of repeated experience with the market will bring a stable mentality, so just continue to act with instinct and feel for yourself what it is useful for.
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.
Dont follow your emotions, always remember that before making decisions ..
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.
When the coin is going up, we should notice our emotions and keep calm, so as not to be too greedy and reduce profits. 
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.
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.
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