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Topic: Psychology when entering the Cryptocurrency market. - page 2. (Read 2192 times)

jr. member
Activity: 308
Merit: 3
Psychology applies to everyone not just those who have entered the market space of crypto because even those who know enough about the market, or supposedly so, can also fall into the mind motions.
Yes, that's right. The market will have new entrants and they will have to brush through these things. If all people are not afraid of harm and with the psychological comfort to participate it would be a very good thing
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
Psychology applies to everyone not just those who have entered the market space of crypto because even those who know enough about the market, or supposedly so, can also fall into the mind motions.
member
Activity: 395
Merit: 10
This is a great theme for beginners because they all make the same mistakes. You need to carefully consider whether you are ready to invest in cryptocurrencies, assess all the risks and your emotional strength, because the market is very volatile, which makes you nervous.
sr. member
Activity: 560
Merit: 250
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.
member
Activity: 406
Merit: 10
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!
full member
Activity: 560
Merit: 108
Thanks for the information regarding the psychology when entering the cryptocurrency market. The people who want to enter the cryptocurrency market can get some guidance before entering it. Psychology it's one of the important thing when we want to trade.
newbie
Activity: 14
Merit: 0
These four rules is really good for investors who are planing to invest in cryptocurrency because peoples need to know risk factors of every investment, in crypto sometimes high risk high gain strategy work also calculated risk is for every business. before crypto investment we need to understand how crypto market work and what is technical analysis requirement.  
full member
Activity: 476
Merit: 100
www.daxico.com
You have to be mentally and emotionally strong when you are going to engage in cryptocurrency as it is a very volatile asset. Taking risks means you are not afraid of what might happen to your investment and you will never feel any regret too for trying, at least, you are giving yourself an option to make your life better.
full member
Activity: 336
Merit: 101
Best time  to entering in any matket is when its making low.   But it can also be a risk that the market should not go further down. So always invest partially your money.  U can invest your 50% capital now and if market goes down then u can invest rest of 50% .
newbie
Activity: 112
Merit: 0
Getting into this industry is a risk in itself and so is everything else. The whole life is risky regardless of the circumstances so if someone wants to get into cryptocurrency, he/she needs to prepare for the risks that might come with it. The way it is right now, there are no proven methods to mitigate the risks so it's really up to the person involved on how to handle it.
full member
Activity: 1442
Merit: 106
the psychology behind the newbies coming into the blockchain technology and the cryptocurrency market in general is  that it is all about making much money and enriching themselves but that is not really what it is like, it may be a part of it but not the major solution the technology offers. thanks
full member
Activity: 373
Merit: 100
This is really a good topic. When entering the market, we experience things that are difficult and tense. So stay relaxed and calm when you enter the cryptocurrency market. Because if you are too depressed then you will experience depression in my opinion. So staying calm is very important.
jr. member
Activity: 667
Merit: 1
This information is good. I don't do greed. I have done it, I have learnt from it. I am contended with whatever i make. I make research, invest what I can afford to lose and take risks.
full member
Activity: 406
Merit: 100
Also I want to say that is very important and main paragraph, haven't a strong emotional reaction after the large income and good transactions. Any strong emotion doing a trader a weak, doesn't matter it's glee or despond.
newbie
Activity: 47
Merit: 0
My own psychology was I will become rich within a very short time and will gonna lead that life which I always wanted to live.
member
Activity: 336
Merit: 10
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 !


Definitely true. This world of business is not just a battle for money but this also includes psychological warfare. If you are really afraid of taking risks, then quit. If you do not have enough patience then quit. If you are more of pessimist than optimist, quit.
sr. member
Activity: 980
Merit: 294
Of course, when you start to participate, you always have the psychological to explore and make money from the crypto. Participating in crypto is risky, the big profit is its attraction

It's fine to think how to make money but this won't happen in just a glimpse. We used to think that this is a quick rich method just because this is what people condition our mind. No wonder we have many weak hands.

I want to add. When entering the crypto market, you should always rely only on yourself. You can not listen to anyone's opinions, because the crypto market always plays against the opinions of society.

Of course it is because no one can really tell what will be the future though we're surrounded by a lot of speculators and it's up to us how and what should we believe.

In the end of the day, no one is responsible for our losses, even it's inevitable.
jr. member
Activity: 140
Merit: 1
the author competently raspial investment strateniyu and really so many investors emotions do not allow to make a profit in this market
member
Activity: 168
Merit: 12
Look ARROUND!
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 !

Thankyou for sharing this , It can help us especially newbies. I really agree with that "take risk" because sometimes higher risk higher benefits. Take risk but let your knowledge help you to decide or to make some decision because one mistake can affect your btc.
full member
Activity: 420
Merit: 102
For entering into the cryptocurrency market the first thing that you should keep in mind that this is the crypto market and high volatile so here the high rewards accepted with high return so be prepare for the up and downs here then you will get a good profit.
In general, all of the beginners should have preparation foremost. If you don’t have a clear preparation, you hardly reap a large fruits in this field. As you know, when you prepare a good amount of knowledge, definitely you will understand clearly what you are doing and easily take the next plan or strategy. Truly, I believe that almost people who’s in cryptocurrency market both know that this is such a big risk market and we’d better to learn to control our emotion so that we can avoid throwing tantrum to others. Especially, don’t believe in bad news, it may lead you to a bad result significantly.
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