OH YEAH FRUSTATED TRADERS. - page 2.

fancy2973

full member

Activity: 365

Merit: 100

Quote from: tygeade on May 06, 2021, 01:55:32 AM

Quote from: Ziskinberg on May 05, 2021, 06:35:56 PM

what I can see is that most of the new investors had given no interest to know more about the project. They are just riding on the market flow, buy now and sell later. And they will leave soon when the Bullrun will end and these types of people had no plan to commit long-term investment but just a short-term deal. So, we can't expect them to take care of the crypto world but they could be the reason for the market failure.

Yes, that is the big differences between investors and traders. We cannot expect traders will be continuously persisting in this crypto space by contributing in all the means for building stronger marketcap for the entire cryptos. But they are all working only for their own benefits and we can expect them to pull off at any time which will definitely affect all the other investors who are all planning for long term holding.

But, we must need these traders to take our market into new heights so that the investors will keep attracting and will be coming-in. So everything is happening for a reason and over the time it will end up in good reason like building more stronger this crypto space.

I believe the damage traders could cause is limited except for a couple of coins that are thin in volume and only pumped. Bitcoin and Ethereum benefit from so much more apart from just getting pumped. Ethereum is under constant development and Bitcoin has the first mover advantage a really strong following in general. Even the big players won't be interested in cashing the price at all. Those who hold a lot of Bitcoin will either try to sell slowly or not sell at all. Unless the exchanges don't collude am not afraid of heavy dumping. The exchanges always win no matter where the price goes for as long as the volume stays high and it will stay high because everyone is excited about crypto.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: Ziskinberg on May 05, 2021, 06:35:56 PM

what I can see is that most of the new investors had given no interest to know more about the project. They are just riding on the market flow, buy now and sell later. And they will leave soon when the Bullrun will end and these types of people had no plan to commit long-term investment but just a short-term deal. So, we can't expect them to take care of the crypto world but they could be the reason for the market failure.

Yes, that is the big differences between investors and traders. We cannot expect traders will be continuously persisting in this crypto space by contributing in all the means for building stronger marketcap for the entire cryptos. But they are all working only for their own benefits and we can expect them to pull off at any time which will definitely affect all the other investors who are all planning for long term holding.

But, we must need these traders to take our market into new heights so that the investors will keep attracting and will be coming-in. So everything is happening for a reason and over the time it will end up in good reason like building more stronger this crypto space.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Ziskinberg on May 05, 2021, 06:35:56 PM

Quote from: justdimin on May 05, 2021, 04:38:38 PM

Quote from: bitgolden on May 05, 2021, 03:07:17 PM

I have seen so many new DeFi projects that paid 100k+ dollars just on marketing and probably spend under 10k on development. Why? Because all these newbies are interested in buying something just for marketing, and if you do marketing very well, you do not have to do anything else, you can be copy of something else with different design and as long as you can market it you will profit.

Yes you are right for example, look at safemoon, most people have no clue what it is, most people didn't even read any docs or whitepaper, they are purely believing on the marketing wave and they only care to make a profit, buy now, sell when its higher and that’s it and safemoon is riding that.

So, it is not really that ideal situation for now, we need to get back on fundamentals otherwise market may trick us at any time for unknown reasons for sure.

But what I can see is that most of the new investors had given no interest to know more about the project. They are just riding on the market flow, buy now and sell later. And they will leave soon when the Bullrun will end and these types of people had no plan to commit long-term investment but just a short-term deal. So, we can't expect them to take care of the crypto world but they could be the reason for the market failure.

Even myself doesnt already hold up something in my portfolio which i do only plan or tend to hold for long term.I do much prefer on seeing profits in a short span of time.
Frustration is part on this market because we cant just expect that we would really be making profits in constant basis which these kind of reactions is a bit common.
Thing here is that you do know how to accept losses and learn from it so that in next time you would really know on what you should do even not in precise
manner but at least you would really be doing well compared into your yesterdays trading.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: justdimin on May 05, 2021, 04:38:38 PM

Quote from: bitgolden on May 05, 2021, 03:07:17 PM

I have seen so many new DeFi projects that paid 100k+ dollars just on marketing and probably spend under 10k on development. Why? Because all these newbies are interested in buying something just for marketing, and if you do marketing very well, you do not have to do anything else, you can be copy of something else with different design and as long as you can market it you will profit.

Yes you are right for example, look at safemoon, most people have no clue what it is, most people didn't even read any docs or whitepaper, they are purely believing on the marketing wave and they only care to make a profit, buy now, sell when its higher and that’s it and safemoon is riding that.

So, it is not really that ideal situation for now, we need to get back on fundamentals otherwise market may trick us at any time for unknown reasons for sure.

But what I can see is that most of the new investors had given no interest to know more about the project. They are just riding on the market flow, buy now and sell later. And they will leave soon when the Bullrun will end and these types of people had no plan to commit long-term investment but just a short-term deal. So, we can't expect them to take care of the crypto world but they could be the reason for the market failure.

Issa56

hero member

Activity: 1484

Merit: 928

I know how painful it is for a coin to be pumping and you are left behind you will definitely want to join a moving train which is very bad because you might be lucky and thesame time you might not be lucky because am always having thesame problem which I know is really bad and I know that in this process you will always loose money which is really bad if you can't invest in a coin when the price is still very low don't invest when the price is already pumping.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: bitgolden on May 05, 2021, 03:07:17 PM

I have seen so many new DeFi projects that paid 100k+ dollars just on marketing and probably spend under 10k on development. Why? Because all these newbies are interested in buying something just for marketing, and if you do marketing very well, you do not have to do anything else, you can be copy of something else with different design and as long as you can market it you will profit.

Yes you are right for example, look at safemoon, most people have no clue what it is, most people didn't even read any docs or whitepaper, they are purely believing on the marketing wave and they only care to make a profit, buy now, sell when its higher and that’s it and safemoon is riding that.

So, it is not really that ideal situation for now, we need to get back on fundamentals otherwise market may trick us at any time for unknown reasons for sure.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: sarmrakib on May 05, 2021, 04:16:33 AM

I also have noticed that most of the newbies are get into invest on Fomo. They always fall into it and as you said they can't control their emotions. However it is always need to be more patience before enter tge market you have to choose a right moment to entry and avoid the Fomo. Remond that a good project always gives us a huge return if there is Fomo. So we need to more wise before entry if we wanna get a good profit.

That hype created around certain coins do make a very dangerous situation as well.
Right now all the new projects only care about marketing and not about technological advancement.

I have seen so many new DeFi projects that paid 100k+ dollars just on marketing and probably spend under 10k on development. Why? Because all these newbies are interested in buying something just for marketing, and if you do marketing very well, you do not have to do anything else, you can be copy of something else with different design and as long as you can market it you will profit.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: doctor877 on April 17, 2021, 03:27:05 PM

FOMO is one of the big enemy that needs to be conquered if you want to succeed in trading and investing. alot of people usually neglect investing at the early stage but only wake up to join the train when its halfway or near the destination. the oppression from friends and mates is also one of the things that make people fomo. thats why its always important to keep your emotions under control. dont be oppressed by anyones profit, you will make your own if you do the right thing.

FOMO can be really bad and a lot of people don’t realize that, they just bump in and start buying because there is a bull run. Most of them have heard about Bitcoin since before the bull run, but they didn’t want to invest because they thought it’s not going to grow again, now that they are seeing the growth they all wants to rush in. I have had people ask me whether they should invest at this time of bull run, I never give them any answer, they just looking for who to blame and point fingers at in case it doesn’t work out for them.

Like the you said, anyone that wants to be successful needs to learn to invest their money at the right time.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: sarmrakib on May 05, 2021, 04:16:33 AM

Quote from: blockman on April 17, 2021, 03:29:34 PM

It doesn't get old that there will someone who would share their losses because they've bought at the top and sold at loss. It's a never ending story because there will always be newbies that cannot take their emotions when they see the coin that they've bought starts to go down.
Buying at the dip is what everyone is recommending but you shall know it on your own if you're going to look at it and all of us have proper timings on it, whichever is the good price and coin to buy.

I also have noticed that most of the newbies are get into invest on Fomo. They always fall into it and as you said they can't control their emotions. However it is always need to be more patience before enter tge market you have to choose a right moment to entry and avoid the Fomo. Remond that a good project always gives us a huge return if there is Fomo. So we need to more wise before entry if we wanna get a good profit.

That is because they don't know yet what they are doing. And also they have been tricked by someone saying trading could make them rich (instantly). That is pretty ensane, they are so blind about that and then they will saying that Bitcoin is a scam, crypto is a scam because they now suffering losses ( at their fault) and frustrations.

I don't only saying newbie did this but some of those greedy souls as well. I'll never be expecting to have this scenario come to an end. As long as there are a lot of people who are hungry for money, frustrations are still there. This was a continuous problem.

sarmrakib

full member

Activity: 1292

Merit: 101

Vave.com

Quote from: blockman on April 17, 2021, 03:29:34 PM

It doesn't get old that there will someone who would share their losses because they've bought at the top and sold at loss. It's a never ending story because there will always be newbies that cannot take their emotions when they see the coin that they've bought starts to go down.
Buying at the dip is what everyone is recommending but you shall know it on your own if you're going to look at it and all of us have proper timings on it, whichever is the good price and coin to buy.

I also have noticed that most of the newbies are get into invest on Fomo. They always fall into it and as you said they can't control their emotions. However it is always need to be more patience before enter tge market you have to choose a right moment to entry and avoid the Fomo. Remond that a good project always gives us a huge return if there is Fomo. So we need to more wise before entry if we wanna get a good profit.

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

Quote from: andriarto on May 03, 2021, 11:10:57 PM

things like this that often happen to us. when you lose sometimes feel heavy hearted to let it go, hoping that the market will rise again. therefore we must have a framework as a reference for our work. that way we will be disciplined, and can lock greed within us

are you experiencing frustration now? many altcoins are now experiencing more than 10% decline just because the price of bitcoin has decreased by 5%,
but Bitcoin dominance has seen a dump and is now at 45%, of course this is a good thing for altcoins it should be, whether many still want to accumulate in low price,
buy gradually when correction is the right thing for now.

oHnK

hero member

Activity: 1414

Merit: 574

Quote from: fancy2973 on May 03, 2021, 02:19:36 PM

Quote from: Vaculin on April 30, 2021, 02:01:10 PM

Quote from: TheGreatPython on April 29, 2021, 04:04:11 PM

Quote from: darewaller on April 29, 2021, 02:45:49 PM

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.

Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.

In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.

A good risk manager has an eye on both sides anyway. One eye on the winning side, that is profits when the price goes up of course, but on the other side is the losing side and a good risk manager not only tries to increase the profit side, but also to minimize the loss side. Part of it is to be ready to sell an asset without running in circles in your head whether it could go up again minutes later when in fact you are convinced it will actually go down.

It is fortunate that someone who is skilled at mitigating the risks exists because for me it is something that is very difficult for me to do. FOMO continues to haunt you, but relax when prices are affordable. I was so frustrated seeing the hype market but I didn't participate in it. Please teach me to be able to feel the profit that other people often feel. Stuck on fundamental factors even though profit always happens to shitcoin.

andriarto

sr. member

Activity: 1344

Merit: 253

things like this that often happen to us. when you lose sometimes feel heavy hearted to let it go, hoping that the market will rise again. therefore we must have a framework as a reference for our work. that way we will be disciplined, and can lock greed within us

fancy2973

full member

Activity: 365

Merit: 100

Quote from: Vaculin on April 30, 2021, 02:01:10 PM

Quote from: TheGreatPython on April 29, 2021, 04:04:11 PM

Quote from: darewaller on April 29, 2021, 02:45:49 PM

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.

Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.

In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.

A good risk manager has an eye on both sides anyway. One eye on the winning side, that is profits when the price goes up of course, but on the other side is the losing side and a good risk manager not only tries to increase the profit side, but also to minimize the loss side. Part of it is to be ready to sell an asset without running in circles in your head whether it could go up again minutes later when in fact you are convinced it will actually go down.

MishaSER

full member

Activity: 1050

Merit: 103

BIB Exchange

We cannot avoid this, every person must go through this. People always learn only from their mistakes, and only in this way a person will grow and form his opinion. It can be considered a rite of passage.

MIner1448

member

Activity: 938

Merit: 13

Tontogether | Save Smart & Win Big

Great words!
After all, a really thorny trader, even if it is very difficult, through emotions and disappointments comes a real profit, you must never give up even when there is a loss for the loss of your money, a deal will come sooner or later, which will block all the minuses.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: Vaculin on April 30, 2021, 02:01:10 PM

Quote from: TheGreatPython on April 29, 2021, 04:04:11 PM

Quote from: darewaller on April 29, 2021, 02:45:49 PM

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.

Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.

In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.

Thinking about losses instead? that isnt something to be that inspiring on why you do trade because we are doing this stuff for the sake of making profits which would really be a motivator for us to go further.

Its not bad to think about profits because you would really be setting up some goal that you should really able to achieved but always take out some caution and dont anticipate much because this would really
be leading into some frustration or being discourage when you didnt able to hit your target or goal.

There are some people who do easily quit up if they havent met their expectations towards their trades without realizing that losing is always been part for this kind of career due to unpredictability
of the market then its just normal that you would really be experiencing losses which is inevitable.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: TheGreatPython on April 29, 2021, 04:04:11 PM

Quote from: darewaller on April 29, 2021, 02:45:49 PM

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.

Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.

In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: doctor877 on April 17, 2021, 03:27:05 PM

FOMO is one of the big enemy that needs to be conquered if you want to succeed in trading and investing. alot of people usually neglect investing at the early stage but only wake up to join the train when its halfway or near the destination. the oppression from friends and mates is also one of the things that make people fomo. thats why its always important to keep your emotions under control. dont be oppressed by anyones profit, you will make your own if you do the right thing. i read comments from lots of traders that are lamenting of their loss because of fomoing to buy the top. one important thing to always remember is that there are alot of opportunity, all you have to do is to find them early and buy into them.

Buy FUDs and sell FOMO that is the basic strategy, so when you are feeling like a chance of missing out then its already too late and it should be the perfect time to cash out and wait for the dip.

fancy2973

full member

Activity: 365

Merit: 100

Quote from: Sled on April 29, 2021, 09:22:17 AM

Quote from: fancy2973 on April 29, 2021, 07:02:13 AM

Frustration is a feeling that you need to take control over by practicing a stability of your mind. There are so many reasons why you could be frustrated. The project doesn'T develop quickly enough, prices decrease or stagnate, the need to cash out for liquidity reasons, trying to recoup losses by throwing good money after bad money and so on and so forth.

In addition to that,
Wrong choice of project, expectations, and also, lack of patience. People had suffered these (natural) feelings will never have a good decision and mostly they often commit mistakes.

Frustration, self-blaming, it is not a thing we supposed to do because, in the first, it is our fault. We made decisions that we think is right but unfortunately, it was wrong. And this implies that not all the time we are in a good situation, and to stop this behavior is a big challenge since we are human beings.

I know how all the hesitation feels when you want to invest. You hesitate and hesitate and in the end you act too late. Ha, it even rhymes! Hesitate and hesitate and in the end you act too late! Tongue

You can't be 100% sure when it comes to investments. If you think you found a good opportunity, stick to it and observe it closely after you made your investment. Act fast if you notice that things are going wrong!

Topic: OH YEAH FRUSTATED TRADERS. - page 2. (Read 1066 times)