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Topic: Psychology when entering the Cryptocurrency market. (Read 2192 times)

full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
TAKE RISKS

First of all, you have to "take risks". Repeat again, accept risk!
When you spend your money investing Crypto or any array, the potential exists, but also contains many risks. Securities are also risky, driving off the road every day is also risky. In general, it is impossible to predict what will come, our eyes can not see, think of things in the future. If you start, you accept the risks and in mind always get to know these things, you can start the journey, understand what is doing, why, why lose?
                                                                "Use the money you can control to invest"
                                                                "What's up with the reason, accept and move on?"
 At that point, you will focus on the goal and make a profit.

DO NOT BE AFRAID

Second, uncertainty and always suspected spread around the world of investment. Large Crypto owners are called "whales" trying to manipulate the market in their own way. They use social networks, large news sites to spread distorted information that draws attention from the community. Finally, the benefits still belong to them, this is not too high, but for the Cryptocurrency market is too new, the community is too young. So ignorance is inevitable, just speculation and followers of the accusers.

Failure to listen to others say this coin will increase, this coin will fall. You need to have a plan for yourself, do not listen to rumors out there. All you have will be a great experience and keep trying!

REGRETS

When you see a strong growth from a coin and always have the thought that "Why did not I buy it before, have been reminded and then forget ..." That is called Fear Of Missing Out or FOMO. This syndrome occurs in a lot of people, but ignore it, do not follow it. Patience will help you to take long in this market Cryptocurrency.

WANT TO RICH SPEED

I suggest you rethink, do not have any job rich quick, if there are some cases but not you. Someone, sowing information for you when joining will be profitable ... Forget now. If you are a beginner, consider keeping a hold of money and not losing it. Then continue to experiment and do not like the last time ... You probably do not believe, but this is part of the investment, the most important thing is that you learn from it. Learn from the mistakes you make and try to make it better the next time. Failure will be difficult to overcome, for the same of the same, but realize these early will help you get ahead and get income in this harsh market.

P/S: Please contribute your comments in order to build this article !


I think if you have good risk management and assessment on whatever investment you were trying to get involved then you won't lose have any problem when you experience a bearish market or a sudden dip in the future. Moreover, always do your own research and dont engage yourself in any kind of investment just because other people told you to do so.
newbie
Activity: 63
Merit: 0
update your post.
jr. member
Activity: 334
Merit: 1
This will be the provision or initial experience they get when they decide to join here, it is true that there is a mental readiness to accept all risks, courage in making decisions, patience in waiting for the right moment by continuously monitoring market movements , that we really need in this investment, do you already have all of that when you decide to invest here?
 

The reviews are right and easy to understand, but difficult to implement.
With the passage of time, surely this learning will have enormous benefits. As a beginner, I will study little by little so that I can face the market, after having the mentality to jump in the crypto world without having to regret it.
newbie
Activity: 68
Merit: 0
This will be the provision or initial experience they get when they decide to join here, it is true that there is a mental readiness to accept all risks, courage in making decisions, patience in waiting for the right moment by continuously monitoring market movements , that we really need in this investment, do you already have all of that when you decide to invest here?
 
hero member
Activity: 980
Merit: 502
TAKE RISKS

First of all, you have to "take risks". Repeat again, accept risk!
When you spend your money investing Crypto or any array, the potential exists, but also contains many risks. Securities are also risky, driving off the road every day is also risky. In general, it is impossible to predict what will come, our eyes can not see, think of things in the future. If you start, you accept the risks and in mind always get to know these things, you can start the journey, understand what is doing, why, why lose?
                                                                "Use the money you can control to invest"
                                                                "What's up with the reason, accept and move on?"
 At that point, you will focus on the goal and make a profit.

DO NOT BE AFRAID

Second, uncertainty and always suspected spread around the world of investment. Large Crypto owners are called "whales" trying to manipulate the market in their own way. They use social networks, large news sites to spread distorted information that draws attention from the community. Finally, the benefits still belong to them, this is not too high, but for the Cryptocurrency market is too new, the community is too young. So ignorance is inevitable, just speculation and followers of the accusers.

Failure to listen to others say this coin will increase, this coin will fall. You need to have a plan for yourself, do not listen to rumors out there. All you have will be a great experience and keep trying!

REGRETS

When you see a strong growth from a coin and always have the thought that "Why did not I buy it before, have been reminded and then forget ..." That is called Fear Of Missing Out or FOMO. This syndrome occurs in a lot of people, but ignore it, do not follow it. Patience will help you to take long in this market Cryptocurrency.

WANT TO RICH SPEED

I suggest you rethink, do not have any job rich quick, if there are some cases but not you. Someone, sowing information for you when joining will be profitable ... Forget now. If you are a beginner, consider keeping a hold of money and not losing it. Then continue to experiment and do not like the last time ... You probably do not believe, but this is part of the investment, the most important thing is that you learn from it. Learn from the mistakes you make and try to make it better the next time. Failure will be difficult to overcome, for the same of the same, but realize these early will help you get ahead and get income in this harsh market.

P/S: Please contribute your comments in order to build this article !

Before investing into crypto market, one should always keep in mind that crypto market is very volatile market and thus it valuation varies according to market demand and supply so one needs to be risk taker and have to invest in the time of deflation also when everyone were just gossiping that the market of crypto to crash but still you need to take risk and I am sure that then valuation will inflate and your holding your coin will give you the maximum profit so u need not to afraid and just invest into these crypto.
newbie
Activity: 67
Merit: 0
We should not be worried about the price increase and because of the low commas, because this is the normal nature of the market that the prices will rise again, so we should be patient and give adequate time.
sr. member
Activity: 546
Merit: 252
I can say the most risky market is the crypto market, very profitable at the same time. if we want to invest in a market that hasn't yet been accepted and regulated by governments in the world, our psychology should be very very strong.
newbie
Activity: 28
Merit: 0
it is people mindset and all feel better if up market
newbie
Activity: 60
Merit: 0
Someone should have the right mindset when entering this market. Like knowing the risks in investing and the consequences of doing so. It's not an easy way to get rich.. lol
newbie
Activity: 31
Merit: 0
Perhaps one of the main tips - to understand the risk that you go when you decide to invest in cryptocurrency. Many people miss this moment and then in a panic sell coins at the first drawdown, afraid of losing money. Don't be afraid to take risks!
Bitcoin is not for cowards. That is the point. Because cowards will always be afraid of losses, because bitcoin is so easy to change that it can be a heart attack. So, bitcoin can give you results when trading or investing calmly and using logic not emotion. Because the real winner will get through various problems in bitcoin trading. The winner will add to the money, the loser will lose the money.
newbie
Activity: 112
Merit: 0
Anybody prepared to put resources into cryptographic money most be prepared to go out on a risk. Monetary hazard taking is for those that are mentally adjust in light of the fact that individuals have endeavored suicide just to see their cash lost down the seepage of any type of speculation.
newbie
Activity: 168
Merit: 0
Yes you are right. A good rule of thumb is that a person should understand that it is necessary to buy on the fall, but to sell on growth, and not vice versa. It is often difficult for novice traders and investors to deal with this. Because it's scary to buy when everything falls and it's a pity to sell when everything grows. But this should be done just like that.
full member
Activity: 630
Merit: 102
The first thing people say when it is about investing in cryptocurrency is taking of risk, it sounds like cryptocurrency is the only investment that involves risk. Do you know that  buying a landed property is highly risky, I have seen people loose their genuine land with court case.
newbie
Activity: 31
Merit: 0
Psychology is very necessary when you start doing something. Especially in the crypto market, if your psychology is stable and ready. I think you will make the right decisions.
newbie
Activity: 28
Merit: 0
i feel bad when is the market down and wait for till market is up
jr. member
Activity: 104
Merit: 1
Trading or investing in cryptocurrency is a psychological war with yourself. Encrypted currency investments require extreme spiritual discipline, how we control ourselves when the market is volatile, how to stop making stupid decisions, and maintain the strategy.
newbie
Activity: 252
Merit: 0
If you are really afraid of taking risks, then stop. If you don't have enough patience, stop. If you are more pessimistic than optimistic, this business world is not only fighting for money, but it also includes psychological warfare.
member
Activity: 290
Merit: 28
bitcoin is not a bubble, it is the pin
Good advices to people who's entering crypto currencies world. Thank you. In addition i want to say that you mustn't be greedy. You have to read news, understand what bitcoin is and foresee buy and sell points. Don't follow who introduce himself as bitcoin guru. Don't follow your instincts, follow reality and your logic.


It sounds so simple, just follow reality and logic, yet people react hysterically when prices fall instead to buy more. If you really believe in the long term success in their projects then low prices just enables them to buy more. So why are prices not bouncing from the level now?
jr. member
Activity: 308
Merit: 3
https://bitcointalksearch.org/topic/leave-crypto-5024573
This is what I have shared more about what has happened in recent days. Some of my friends could not stand up for what was going on. We need to learn to be patient Smiley
newbie
Activity: 182
Merit: 0
This is a high risk market. So do not put all your assets into this market.
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