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Topic: Psychology when entering the Cryptocurrency market. - page 9. (Read 2192 times)

newbie
Activity: 98
Merit: 0
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 !


Investments have always been associated with risks. Those who give in to panic, merge their capital during the fall of the course. Those who are mature and intelligent, increase their capital at this time. The most intelligent and patient wins) I believe in bitcoin
newbie
Activity: 56
Merit: 0
Actually, most of the people are getting afraid because of the market price of cryptocurrency. It’s so uncertain. I think if they keep patience, then they will be succeeded in this sector.
newbie
Activity: 272
Merit: 0
It is a great article. I think it is enough to the Beginners to know about the crypto market and teaches good and bad about it. This 4 rules are the backbone of crypto currency trade.
newbie
Activity: 43
Merit: 0
By this article people who are the beginner can learn about how to buy and trade,when to buy and why to buy. Its all about taking risks and take lesson from every steps. Thanks for the advices.
newbie
Activity: 41
Merit: 0
But nowadays market has become very complex and full of fake platforms and ICO’s which clearly discourage to take risks. As a result it’s hard to do good business in this competitive market
newbie
Activity: 99
Merit: 0
No one can be rich overnight in business. So, an investor will need to research about various coins in the market, make some experiment with them, and learn from the mistakes. He also needs to be patient with the crypto business. These can help an investor in many ways.
newbie
Activity: 74
Merit: 0
About the regret part, I'd say that an investor should not think too much about other coins. In the market, many coins will go up and many will go down. None of these stays the same. So, an investor should not regret if any coin goes up on which he didn't invest. He should have faith on the coins he invested on.
newbie
Activity: 41
Merit: 0
You have mentioned the each of the feelings connected with crypto business. The one that I fight against a lot is FOMO. The regrets of missing a big deal make me broken which I am trying recover
newbie
Activity: 83
Merit: 0
I totally agree with your post and I like the part about risk taking. There is no business without risk, every business has some risk. If you want to stay in the business, you will have to accept the risk. Cryptocurrency is just the same. If you want to get something from it, you must take risk. And also you should have faith in the market.
newbie
Activity: 196
Merit: 0
I realized that when we all think that some coin will increase then it decreases. Sharks always do the opposite to make us all surprised. And we panic when the market does not go in the right direction, often leading to sell off and lose the psychological stability initially
newbie
Activity: 31
Merit: 0
I liked the post a lot. You have explained the psychological facts related with crypto business very well. I think everyone should read it and newbies should learn from it
newbie
Activity: 83
Merit: 0
I wish all the people in the world understand this and follow this. People panic very quick now a days but don understand the cryptos will lead the world so the price will definitely rise.
newbie
Activity: 75
Merit: 0
Good post indeed. Now a days, people loose hope and get nervous very fast. But they have to understand one thing that crypto currency is the future indeed and as it is volatile the price can rise as fast as it falls.
newbie
Activity: 70
Merit: 0
I do not remember that I succeeded in anything I did with fear. It seems like someone else is doing everything I do. it is not a feeling you should feel when trading in the market.
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
Investing in crypto is a risk so everyone knows that they can make gains or losses. Anyone who joined in late 2017 knows about losses! Hopefully they will learn about market cycles and that this down market will turn around
newbie
Activity: 18
Merit: 0
Yeah but don't just charge carelessly into the market without any considerations for the downside risks. Sure, don't be afraid to take risks is important advice here but also be aware of your risks. How much can you risk? How much can you lose? It's about careful control of your position sizing that matters most. Don't put too much in or you could be hurting real bad when things aren't working out and you've got to pay for rent. Take it slowly, and one step at a time to reach success.
newbie
Activity: 84
Merit: 0
There is nothing to regret about crypto currency ,only that I fear when I am seeing red everywhere and most expecially when there is fallnjn the price.
jr. member
Activity: 308
Merit: 3
Yes, this is very sad when greedy people just want to profit not with the risks faced, of course fear will affect most people in it does not directly speak but the attitude when selling together and then the price falls so big it is a fear for most people- people here, I hope not to do things that are not supposed to be done, like being too ambitious to make a profit quickly and the most dangerous is to think rich quick in the near future, I am sure it will be difficult to effect on the mind after a lot of money has entered Bear market conditions, analysis is needed in investing.
Maybe the failure of investing will be the biggest lesson for them
jr. member
Activity: 308
Merit: 3
Actually this is now the right time to invest i think. Wait for september-october..
Me too, I hope in Q2 2019 crypto will grow strongly.
sr. member
Activity: 742
Merit: 253
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 !

Yes, this is very sad when greedy people just want to profit not with the risks faced, of course fear will affect most people in it does not directly speak but the attitude when selling together and then the price falls so big it is a fear for most people- people here, I hope not to do things that are not supposed to be done, like being too ambitious to make a profit quickly and the most dangerous is to think rich quick in the near future, I am sure it will be difficult to effect on the mind after a lot of money has entered Bear market conditions, analysis is needed in investing.
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