It’s really a great post. I really like your thought and the way you explain. It’s true that sometimes we should listen to our own and not being manipulated or influenced by others while doing business.
Topic: Psychological fear dominates the market - page 18. (Read 3917 times)
Actually everything depend on the psychological things. It can affect the decision makings which is really important for the activities in this cryptocurrency world. So we should try to avoid this fear.
A strong psychological strength will help much to survive in this industry from my opinion. Because i think it will help to keep patience when the market fluctuates and to wait for the perfect moment.
The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?
This is human nature, fear is a safety net so to make precautions to avoid big loses. But it is not good to have so much fear if you want to become successful in the crypto world. Because only risk takers and die hard could eventually reap a sweet success in this field. This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?
Yeah i think you are right. Some people go with this psychological fear like they start panicking when the market goes down and take wrong decisions. Which really means it's a game of psychology.
I also feel that people themselves are the main reason that the market is at this position right now. I think more seminars and conference should be held on these issues. Only then people will understand that there is nothing to be worried when the price goes down.
Obviously. The main reason of the price fall is that people dont have any patience. They sell their bitcoins whenever the price drops. They dont think that it is the future so the price would definitely rise. As soon the mentality of people's will change the market will also change.
indeed. People now a days panic a lot when they see the price is going down even a little bit and sell all their bitcoins at once. That's why the price is not going up as their are lots of supply.
We have just experienced a bear advertise significantly greater than the present one. Individuals returned after it and will return once more. When we swing to the colossal bull rally again simply kick back and watch individuals hopping on it more than ever.
I concur with you. It appears that with this red market everybody is unsettled and feels that BTC isn't worth any longer and it's that dread that may cause a considerable measure of inconvenience later on in the event that it doesn't blur away.
markets always depend on fear and greedy. it is relevant to any market not only to crypto market. at the moment market is not stable. so fear is at high level. it affects more than anything else at the moment.
I figure the mental factor of dread does not totally rule this market but rather it includes a considerable measure of different elements. The market is a gathering of numerous components, people, a component, the individual can not change everything. The dread of taking part in crypto is unavoidable in new speculators yet for long-haul financial specialists this is typical.
The fear among people is a complete psychological thing but crypto market doesn't fully depend on it. Crypto market often works like a gamble. Predictions often create panic in this sector but it has been tested and proved that, luck doesn't always help in cryptoeconomy.
I think all of us will be frustrated if we keep on seeing the declining price, for the people that got weak mentality will already leave the market, I think now the market is not fill with fear, but more of the greed, many people still think that they can get an easy money from crypto, if people can focus on the technology then crypto will have a better value
If only cryptocurrency will already be legalized by the government of each country,then for sure people will now be focused on the technology itself,making their daily transactions more convenient and efficient compared to fiat currency.But for now,i think most people believe crypto as more of an investment rather than a currency.That is why we cannot blame people for being greedy most of the time.
yes indeed, with conditions like now there must be many investors who feel anxious and worried, but if before investing we already know the risks, investors don't need to panic because crypto is very volatile it can rise and fall anytime.
I think all of us will be frustrated if we keep on seeing the declining price, for the people that got weak mentality will already leave the market, I think now the market is not fill with fear, but more of the greed, many people still think that they can get an easy money from crypto, if people can focus on the technology then crypto will have a better value
It is really true because in the virtual world psychology plays a big role and only those people who are psychologically strong can survive.
I think people right now will think twice to buy bitcoin or another altcoin because the market is not stable and can go to somewhere without any notice. so I think people will waiting for a moment and only make a small amount in the buy order and once they see there is a good sign to make a lot of amounts, then they are ready to buy a big amount.
The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?
I think you were right. I think this is a psychology game. In the Crypto market, you do not understand the psychology of the market, you will easily fail to invest.This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?
So we need to cultivate more knowledge about market psychology before investing.
I think it is psychological that determines excellence on the market today. so don't dictate easily
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