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Topic: Notice your emotion (Read 987 times)

hero member
Activity: 2016
Merit: 701
November 17, 2021, 05:25:21 AM
Of course long-term investment will be more profitable. But we also see the potential of the coins we invest in. Because most of the coins circulating in the crypto market have no value. If this condition happens to the coins that we hold, then the loss is definitely what we get. Let's take a look at some coins before, even the bull run this time didn't have any impact. If you want to hold coins, maybe you can choose such as BTC, ADA, Sol, BNB, Eth, or coins that do have good potential in the future.
For long-term investments, only 8 kinds of coins that I think are very suitable to hold, including BTC, ETH, BNB, SOL, ADA, MATIC, CAKE, and DOT, that's all because apart from that these coins are only suitable for the short term only or is it only suitable for trading on a daily basis
sr. member
Activity: 826
Merit: 252
November 15, 2021, 02:42:22 PM

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.

Of course long-term investment will be more profitable. But we also see the potential of the coins we invest in. Because most of the coins circulating in the crypto market have no value. If this condition happens to the coins that we hold, then the loss is definitely what we get. Let's take a look at some coins before, even the bull run this time didn't have any impact. If you want to hold coins, maybe you can choose such as BTC, ADA, Sol, BNB, Eth, or coins that do have good potential in the future.
legendary
Activity: 2982
Merit: 1028
November 07, 2021, 01:40:11 PM
If we cannot control emotions in making investments of course this is very dangerous and can harm ourselves, then under any circumstances we are ready to accept the risk and still survive even though the coins we hold are in decline, if we panic and doubt then the loss will certainly be felt so that it will be difficult to get profits, every trade we have to choose a potential coin so that the risk is lower and will have a high possibility of the coin. Ut will increase.
Choosing project in a manner that you really take your time in researching the potential gives you a lesser chance of losing your investment.

The good part of this market is you have a lot of venues to investigate and learn how the coin will perform, if you will take your time
in studying how the team is working behind will give the hint to continue placing your money into it.

While investing due to hype and laziness, emotion will surely lead you to lose and regrets will haunt you most of the time.

Do your diligence to work hard, a good balance will let you control your emotions.
hero member
Activity: 2016
Merit: 701
November 07, 2021, 05:10:13 AM
yes that's right, sometimes unstable emotions make us disappointed because price fluctuations in crypto are very fast, but all of that can be minimized by analysis with existing indicators and maybe by looking for news about coins that will be traded or that will be held for a long time.
Now try to put the emotions aside and see what is going on in the market, because currently the average coin is moving stably and the ones that haven't stopped moving are Ethereum and BNB, so both are still very worth trading and also investing in the long term.
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
October 27, 2021, 07:16:34 PM
Holding coins long term is also risky especially if you don't know for sure what tokens you are holding, so actually holding coins short or long term doesn't matter as long as you know about the project and have done your research beforehand.
Many investors had made this same mistake thinking holding a coin means keeping the coin forever. Holding should be more of timing than leaving a coin for longer periods without trying to sell and buy it again or other alternative coins.
Some token Ard only meant to stay for short periods of time below losing it value. This is why more of these shit coins we are keeping now might be forgone in few years from now.
What those people do not understand is that holding for the long term is a strategy that can only be used on good assets, basically if you do not trust that a coin is going to exist in a  few years down the line then do not hold it and instead actively trade it, that way when the coin begins to go down you will just sell it at the first sign that a crash is coming, with this in mind then it is clear there are only a few coins worth holding for the long term and some will argue only bitcoin is worth to hold for that long.
full member
Activity: 854
Merit: 100
SportsIcon - Connect With Your Sports Heroes
October 25, 2021, 12:38:35 PM
yes that's right, sometimes unstable emotions make us disappointed because price fluctuations in crypto are very fast, but all of that can be minimized by analysis with existing indicators and maybe by looking for news about coins that will be traded or that will be held for a long time.
jr. member
Activity: 41
Merit: 1
October 24, 2021, 08:39:29 PM
The best trading systems rely on using a model which isn't influenced by emotion at all. Find a system, backtest it to know the reliability and stick to it.
legendary
Activity: 2982
Merit: 1028
October 17, 2021, 10:28:32 AM
Trying to get profit moderately will be better than in a hurry because that can make us greedy wanting more profit while the situation is not going as we want.
Most of the time, traders who rush things out are the one who lose big amount of investment, there's no problem with taking it slowly and earn little by little compared to rushing it out and lose.

Your strategy is good to avoid emotions because that can ruin your plan and make you lose profit.
Emotions should not be the priority, in most cases, you need to let your emtion go and do the opposite.

As long as you know when to take profit, you will be okay and repeat it in the next trade.
The best thing to learn, take profits even how small it is then rinse the market again keep repeating as long as you are getting out from it.

If you can make a little profit, just accept it and trade again next time to make more profit.

Eventulaly, you will established good strategy that will allow you to earn more.
full member
Activity: 770
Merit: 101
fLibero.financial
October 17, 2021, 10:25:37 AM
Self awareness is one of the best state you can be when trading,  investing and speculating on cryptocurrency prices.  Many people tend to get carried away by their own wrong estimation of themselves,  the market and the coin they are holding.  It is important not to let your emotions run amok without mechanism for control.  Our emotions will always be with us but controlling it will help us get the best out of ourselves and by extension Cryptocurrency!
hero member
Activity: 2870
Merit: 556
October 17, 2021, 09:48:19 AM
but if shitcoin being pumped then you need no skills but Luck only because one out of 100 coin is being choose to be pump and dump .
though this is very risky and you can only choose to find one in a blue moon.
About a fortune it is also very difficult to get, because luck also will not come to the same person at different times, because it is very similar to a gamble even though it does not fall into the category of gambling.
That is why you need to have a plan in trading to prevent the worst thing that can happen. If you do not have the luck to join in the pump, you can still hold that coin and hope that the coin will rise in the future. Related to emotion, you must control yourself in trading because when the price moves in the other direction, your emotion can interfere with your trading and confuse you to decide.
it is not easy to be a crypto investor trader. one of my suggestions don't be too ambitious to get profit. in moderation it will be better and not miss that moment that makes people emotional. many ambitious people hope to get more but the opposite. it's part of my strategy to avoid emotions.?
Trying to get profit moderately will be better than in a hurry because that can make us greedy wanting more profit while the situation is not going as we want. Your strategy is good to avoid emotions because that can ruin your plan and make you lose profit. As long as you know when to take profit, you will be okay and repeat it in the next trade. If you can make a little profit, just accept it and trade again next time to make more profit.
member
Activity: 889
Merit: 10
October 16, 2021, 12:03:27 PM
but if shitcoin being pumped then you need no skills but Luck only because one out of 100 coin is being choose to be pump and dump .
though this is very risky and you can only choose to find one in a blue moon.
About a fortune it is also very difficult to get, because luck also will not come to the same person at different times, because it is very similar to a gamble even though it does not fall into the category of gambling.
That is why you need to have a plan in trading to prevent the worst thing that can happen. If you do not have the luck to join in the pump, you can still hold that coin and hope that the coin will rise in the future. Related to emotion, you must control yourself in trading because when the price moves in the other direction, your emotion can interfere with your trading and confuse you to decide.
it is not easy to be a crypto investor trader. one of my suggestions don't be too ambitious to get profit. in moderation it will be better and not miss that moment that makes people emotional. many ambitious people hope to get more but the opposite. it's part of my strategy to avoid emotions.?
hero member
Activity: 2870
Merit: 556
October 16, 2021, 08:00:19 AM
but if shitcoin being pumped then you need no skills but Luck only because one out of 100 coin is being choose to be pump and dump .
though this is very risky and you can only choose to find one in a blue moon.
About a fortune it is also very difficult to get, because luck also will not come to the same person at different times, because it is very similar to a gamble even though it does not fall into the category of gambling.
That is why you need to have a plan in trading to prevent the worst thing that can happen. If you do not have the luck to join in the pump, you can still hold that coin and hope that the coin will rise in the future. Related to emotion, you must control yourself in trading because when the price moves in the other direction, your emotion can interfere with your trading and confuse you to decide.
sr. member
Activity: 1008
Merit: 250
October 16, 2021, 04:38:00 AM
This could be a snare that will get us into a snare whenever finished with dangerous feelings. Speculations should focus on examination and tolerance. Exchanging isn't that basic on the grounds that the market is now a perplexing one with the ceaseless vacillation of the cost however at any rate assuming you know what you are doing, you can create a fair gain. This happened to such countless alts so you need to stay aware of their turns of events.
hero member
Activity: 1260
Merit: 504
October 11, 2021, 10:39:18 AM
This could be a snare that will get us into a snare whenever finished with hazardous feelings. Ventures should focus on examination and tolerance. In the event that you're holding for quite a long time, there is no point on seeing day by day graph. what's more, in the event that your token are garbage, it is basically impossible that you can get a few benefits.
full member
Activity: 2352
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
October 11, 2021, 01:56:39 AM

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.
Never just invest in something that you don't really understand , that is the3 main rule of investment .

Many here entered the market because of desperation to gain specially this pandemic season in which many of them are being lured to be scammed or doomed .

buy only when you are knowledgeable and confident , so best to try learning first before anything else in market such this that very volatile and decentralized .
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
October 11, 2021, 12:35:33 AM
Holding tokens does give us more profit potential if we wait patiently for a long time, but the risks and frustrations will be the worst. You don't know how the scenario will last, sometimes your assets go down so much and in fact my experience with my old tokens was really bad. The score is zero this time, just because of the wrong mindset without further updates from the project community.
It also still really depends on what tokens you hold, if you hold tokens that come from a good platform and a good network and always get updates from the team itself, then the potential profit will be much greater than the potential loss you get, because this matter for a long time.
but if shitcoin being pumped then you need no skills but Luck only because one out of 100 coin is being choose to be pump and dump .
though this is very risky and you can only choose to find one in a blue moon.
That's right, the most important thing is that when starting trading, you must have a target so that we can achieve it without greed when the price is high and also have a plan for a certain time plan in holding a coin.
it is very difficult to control emotions because price movements continue to occur every time.
put specific percentage to be accepted as profit and then go out, not the kind of looking chances as greedy investor because that way losing is mostly happen.
hero member
Activity: 2072
Merit: 739
Cashback 15%
October 05, 2021, 07:29:05 AM
Rapid fluctuation can turn gains into losses. So, controlling emotion when trading cryptocurrency is very important for trader.
To avoid the risk of loss, Trader must make a trading plan. Trading plan requires little effort, but has a huge impact on traders when trading crypto, and allows traders to control emotion perfectly. A plan can give traders both limit and target, these limits and targets make it easier for the trader to make the right trading decisions because the trader has a plan to pull back.
full member
Activity: 658
Merit: 189
October 03, 2021, 11:42:33 AM

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.
Holding tokens does give us more profit potential if we wait patiently for a long time, but the risks and frustrations will be the worst. You don't know how the scenario will last, sometimes your assets go down so much and in fact my experience with my old tokens was really bad. The score is zero this time, just because of the wrong mindset without further updates from the project community.
legendary
Activity: 2982
Merit: 1028
October 02, 2021, 10:21:06 PM
There is a saying "Buy when green, sell when red", that's the saying people get stressed.  I agree, emotions must be controlled by looking at situations and conditions.
Emotions needs to be controlled if you don't want to lose your investment, it supposed to be the other way,
buy low and sell high is how things should happen for you to earn.

Developing a successful risk management plan is to reduce your overall losses. For example, determining the type of trader and where the expertise is currently possessed.
Having a good set of plan will allow you not to worry in any situation that the market will move.

Try to remain patient when doing buying and selling activities, removing emotions from the psychological aspects of trading while relying on information in front of you such as prices, volume, news, and trends.
Patience is always play a big role to succeed, not only with trading but also with other types of business.

If you have enough patience you can decide the right way.
full member
Activity: 641
Merit: 106
October 01, 2021, 01:01:43 PM
There is a saying "Buy when green, sell when red", that's the saying people get stressed. I agree, emotions must be controlled by looking at situations and conditions. Developing a successful risk management plan is to reduce your overall losses. For example, determining the type of trader and where the expertise is currently possessed. Try to remain patient when doing buying and selling activities, removing emotions from the psychological aspects of trading while relying on information in front of you such as prices, volume, news, and trends.
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