Topic: Psychology when entering the Cryptocurrency market. - page 8. (Read 2192 times)
Recently the market situation is going bad. Lots of complex situation we just faced and also we find many scams which put our investment at risk. So it’s become difficult to do business in this market.
fear and doubt are the psychological conditions that are always owned by every member who wants to enter the crypto market.
they are not ready and doesn't have knowledge about the crypto world, so they are not ready to accept every risk.
they are not ready and doesn't have knowledge about the crypto world, so they are not ready to accept every risk.
I always fear when the market falls
if you fear that means you're too dependant on the market. Either you put too much money in and you can't take it or you focus fully on crypto. It's fine if you won't get heart attack
your guidelines are amazing to me. i think every crypto people should follow this. if they follow your guidance they should benefited. i think they should keep store. if you want get profit you should take risk and it.
Great information to bear. This are the guidelines in order for you to profit more in crypto market. What I wanted to focus is about the risk and benefits. The risk is directly proportional to benefits. So when high risk, so as high benefits. And for low risk, low benefits. That's what crypto is all about.
I think it’s a good suggestion. Maybe if everyone understand these rues and can implement properly then maybe he can safely invest money without being scared.
if you take risk you are gain your profit. in general no risk no gain. same are crypto market. it is more profitable and secure but you should take little risk and justify before investment. i think you are right.
Your post describe every feelings connected with crypto business. I also face these. But the thing broke me badly is FOMO. I couldn’t bear losing big deals.
I don't understand why some afraid so much in crypto world. I think we all know about the uncertain sides of cryptocurrency before entering the market. So being afraid is not acceptable here.
I really like the article. Thanks for sharing. You speak my mind. Every crypto user needs to be able in taking and accepting risks as without taking risk you don’t know what you worth for in this field.
Good post indeed. It is very upsetting that many of us are so depressed and frustrated around. I think having patience is also very essential while anyone is making his mind up on crypto currency.
Amazing article, I like the last one too, people think this is a way to get rich very fast but don't realize that no, you never know when you will get your investment, or if you will ever get them, that is why people start getting afraid and get depressed, NEVER FOMO people!
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 !
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 !
Good read, and I definitely agree with the points you raised. One should really be ready in all aspects, most especially with one's mindset and psyche in order to enter such a risky and dangerous market. It's not easy, like many would say, because it's just so hard to find hope and success in something that is always having problems in terms of falling and dying out. It's so hard to rely and be positive when everything around you is crumbling. However, despite that status, that's actually the test which separates those that are serious to those that only want to just test the waters. If you are not ready with your mindset, it would be very difficult to push through and see the good in the seemingly filled view of bad things.
It is very natural to get all confused and puzzled while entering in crypto as beginner. Many think that crypto can make people instant rich so this misconception needs to clear. Most importantly having enthusiasm over fear is all you need.
Yeah, I agree with your suggestions. If anyone follows these ideas and rules I think he/she will make a success in the cryptocurrency market.
I do not agree with your philosophy.
The risk thinking is completely obvious thing. The most important thing is to be clear headed and stay calm, to not give in to hypes in short term.
THis is one of the biggest mistakes of rookies, they go with hypes and this is how pump and dump groups make money of it.
and set your goals and stick to them.
The risk thinking is completely obvious thing. The most important thing is to be clear headed and stay calm, to not give in to hypes in short term.
THis is one of the biggest mistakes of rookies, they go with hypes and this is how pump and dump groups make money of it.
and set your goals and stick to them.
pyschology is the best part on this crypto market , if you cant handle your pyshicology you will end up with loss
also dont greedy after gain profit , it will cost you with regret
also dont greedy after gain profit , it will cost you with regret
I would add that you must be calm at all times and learn to study market cycles. Looks like now for example we could be near the capitulation point or bottom since the All time High in January. How more low 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 do not listen to hype or fud. Both of these games are here to trick you into buying in too expensively or selling your tokens and coins too cheaply into the hands of whales. Always do your own research and check projects that have solid fundamentals before entering a trade and NEVER JOIN pump and dump groups, they only benefit the Boss of those groups.
I strongly your points. This is a huge business. And in business we should prepare ourselves to take risks. There is no success without taking risks. So i think all should be mentally prepared here.
The reason behind getting afraid of investing in cryptocurrency is that the people want to get the profit at first. Another reason is they want to be rich in a short time. If the investors just don’t think about these two things I think they will understand the market and can make a profit easily.
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