That's really help a newcomer psychologically to be prepare before entering the cryptoworld. Hope it will be help them possitively.
Topic: Psychology when entering the Cryptocurrency market. - page 6. (Read 2192 times)
All these point are really valid and you have written the right points and all these points like Risk Taking, Fearless, Regrets, and expecting to get rich are really the important key factors in every traders life as they are the keys to get success. I personally think that psychology is the main part of the Traders success and you need to master it at any cost so that when you enter in this crypto market you don't give up easily and fight against your weakness and then you can see success coming in your path.
I want to add that you must be calm at all times and learn to learn the market cycle. It seems like for example we can be near the point of capitulation or below since All-Time High in January. How much lower we will go or how long we will stay here is another question. You must be steadfast and patient if you enter the crypto game and don't listen to hype or fud.
Do your research and always be ready before entering the market, we need to point out that the market will continue to sway, there's both buyers and sellers who are present inside the exchange people who knows how to work out with this system always finds advantages, if they seen good opportunities they will grab it right away that's how important being ready as they can adjust whatever directions the market will run.Yes exactly, because we don't notice how important confidence in our knowledge really is. We should trust our ability to make rational decisions if we want to be successful in trading. The way we see the market is shaped by the way we see ourselves.
We trade only the things that we see. That's why it is important not to depend on other people's opinions. How do you know exactly what they mean, anyway? These opinions of the market must be formed for each individual in order to be strong.
After reading this article I am very pleased. Because it's have the quality to make a newbie prepare mentally before enter into crypto world.
"When entering in crypto market we need to follow this rules it is help us to be more profitable and successful as an user.
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Newbie’s who are interested to invest on crypto world and they are searching for some instruction for start up with crypto, this article will be great for them.
when ive firat jump into cryptocurrency, i think to get fast rich, but after a year, im going to "dont be affraid" category since i know more about crypto and the future
I want to add that you must be calm at all times and learn to learn the market cycle. It seems like for example we can be near the point of capitulation or below since All-Time High in January. How much lower we will go or how long we will stay here is another question. You must be steadfast and patient if you enter the crypto game and don't listen to hype or fud.
Do your research and always be ready before entering the market, we need to point out that the market will continue to sway, there's both buyers and sellers who are present inside the exchange people who knows how to work out with this system always finds advantages, if they seen good opportunities they will grab it right away that's how important being ready as they can adjust whatever directions the market will run.
This article can give the concept to be prepared about cryptocurrency and entered into crypto world. Hope it will be helpful.
Fear of the unknown is the greatest barrier to entry for most new investors in this technology. We are being bombarded with scams from all sides on a daily basis and people have grown accustomed to having a shield up to protect them against these scams.
Once you realize that this is a real investment opportunity and not a scam, then you feel regret that you did not jump in earlier. ^grrrrrr^
Once you realize that this is a real investment opportunity and not a scam, then you feel regret that you did not jump in earlier. ^grrrrrr^
Pschology actually is a subject that which will going to help you identify your attitude. In this way by identifying the right attitude to apply here in cryptocurrency will definitely lead to success. This is one of the highlight of this thread with the one who posted it. I know that Pschology is a subject that could really help one develop and identify the lacks and needs of an indvidual to be successful on this field.
The psychology & panic selling that newbies often show is the reason OGs in this space make so much money.
Such an analysis does make sense, and one must learn to control one's emotions in order to succeed. If we can make good use of psychological knowledge in the encrypted market then we can better control the risk.
It’s very useful article and it’s help the newbie’s who are recently taking their preparation for entering crypto world.
I want to add that you must be calm at all times and learn to learn the market cycle. It seems like for example we can be near the point of capitulation or below since All-Time High in January. How much lower we will go or how long we will stay here is another question. You must be steadfast and patient if you enter the crypto game and don't listen to hype or fud.
If anyone wants to achieve success in cryptomarket then definitely need to take risks. And have to wait for the appropriate time. Should have a good knowledge about the cryptomarket situation, then it is possible to get success in this cryptocurrency.
yes i agree with you. if you want to get profits in crypto market you have to follow this rules. i always believe that when you involve in crypto market that means you take risk and you must have to take patience.
To be successful in crypto-currency market you need to break that rules sometimes. Psychology in peaceful and war times is different. When you are calm
you can make hard decisions, in panic you only make mistakes.
When you enter in crypto-market, what anyone needs more than psychology is faith. We need to believe in this, and if we believe with our actions we can
convince others that this is the right movement to join. What I do I recommend others to do same, better if they can, it`s not important how much someone
give, it`s important that we all give for the same goal, and that is full global adoption of crypto-currencies.
yes i agree with you. if you want to get profits in crypto market you have to follow this rules. i always believe that when you involve in crypto market that means you take risk and you must have to take patience.
Since this market is an uncertain market, 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.
There is no reason to worry that a normal image of this market is rising or decreasing price! If you want to be successful in this market, then you must take risks, believe, do not be afraid, it is possible to benefit easily by working through the market and through time.
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