Patience is very important. There are things you need to do to achieve this. Under normal circumstances, you can be very patient. However, it is very difficult to bear while losing money in this market. To overcome this, you must invest with money that you do not need.
I agree with you, but just patience is not enough to achieve success, find a coin or project that has strong fundamentals and buy a few coins, hold until the time comes, have fun 
Topic: Top Three Emotions to Check to Succeed! (Read 2412 times)
Greed is definitely the number one thing. They can invest sums that we can lose, but some of us invest amounts that are too big out of greed that they can't even afford to risk it. Greed is what continues to confuse other people, and eventually they still wonder why they have fallen for it. Imagine holding your money and then waiting until the price goes up, and all of a sudden the price begins to go up and you start buying lots of coins because you think the price is going to go up forever and you're going to become a millionaire overnight, haha, that's greed, you're taking those who've been holding a fool for a long time.
Indeed. Greed is the first thing that a crypto user should avoid because anyone could lose a lot of money if they can't control themselves from being greedy that they always aiming for big amounts but not the risk. Always aiming for huge profit is really a bad idea for an investor because you might get scam if you can be easily be trick by promises that are too good to be true.
Greed is definitely the number one thing. They can invest sums that we can lose, but some of us invest amounts that are too big out of greed that they can't even afford to risk it. Greed is what continues to confuse other people, and eventually they still wonder why they have fallen for it. Imagine holding your money and then waiting until the price goes up, and all of a sudden the price begins to go up and you start buying lots of coins because you think the price is going to go up forever and you're going to become a millionaire overnight, haha, that's greed, you're taking those who've been holding a fool for a long time.
This is definitely true. There's actually a saying that if we can't control our emotions, it will control us which will surely result in wrong decisions and regrets in the future. We should think of things well before we make a certain decision because one wrong mistake could ruin our trading or even our gambling journey. Our emotions will be like a roller coaster ride in cryptoworld so we have to be mindful of it.
when humans are tested with cryptocurrency market conditions that have volatile price rises and falls then they will find it difficult to control their emotions because there is always a sense of worry and they are afraid of a very high risk of loss, whereas cryptocurrency price movements no one can guess when an increase in price and prices could fall immediately.
This is definitely true. There's actually a saying that if we can't control our emotions, it will control us which will surely result in wrong decisions and regrets in the future. We should think of things well before we make a certain decision because one wrong mistake could ruin our trading or even our gambling journey. Our emotions will be like a roller coaster ride in cryptoworld so we have to be mindful of it.
Greed is definitely the number one thing. They can invest sums that we can lose, but some of us invest amounts that are too big out of greed that they can't even afford to risk it. Greed is what continues to confuse other people, and eventually they still wonder why they have fallen for it. Imagine holding your money and then waiting until the price goes up, and all of a sudden the price begins to go up and you start buying lots of coins because you think the price is going to go up forever and you're going to become a millionaire overnight, haha, that's greed, you're taking those who've been holding a fool for a long time.
Greed without a doubt is the number one problem in this market, but it is inevitable, we are all looking to get more money out of of our investment, if that was not true then we will not be here and be invested in this market, what we must do is to control that greed and the only way to do that consistently is to have a very defined strategy about what to do in every single circumstance.That way you're not going to let your emotions take control of you just at the moment in which you need to be more focused about doing the right move, if you are able to create a successful and logical strategy then most likely you will become one of the few good investors that earn money in this market.
Patience is very important. There are things you need to do to achieve this. Under normal circumstances, you can be very patient. However, it is very difficult to bear while losing money in this market. To overcome this, you must invest with money that you do not need.
That is true, and I admit that these mistakes often occur to me personally, for some reason the problem is difficult to avoid until such a mistake is usually made even by others even though they already have enough experience. I'm sure such problems can be avoided when someone already has very good knowledge, because even experience is not enough to avoid these problems, because even when we have high confidence then in the end it will also be something that is not good, but when we have good knowledge and experience in the sense that everything must be applied simultaneously, then the results will be good too as long as we can struggle and work better planned and controlled well.
Managing our emotions can be quite problematic, after all if you are losing money in the markets and that money is a significant amount of the money you have saved over the years then it is natural that you are mad about it, the only way I have found to nullify those negative emotions when I am trading is by my experience and my knowledge, my experience helps me because every time I have gone with my emotions and against what the market told me I lost money.And my knowledge helps as well because I know that what I am doing should give me profits in the long term and I am not like most newbie traders that are just hoping that whatever they are doing is somehow profitable but without actually knowing if it is.
If you want to make money in this market, you must have a very strong psychology. If you are constantly worried ver fear this is bad. Making this investment is not an easy choice. It doesn't make sense to constantly invest or worry. Get advice from experienced people. But you must make your own decisions.
People can never do anything at once He has to try slowly to succeed. Because if you do not get frustrated when obstacles will come before you succeed you will have to control your feelings and move forward. Before you can succeed in business you need to control emotions and keep your head cool The only way to be successful is to control emotions.
It was said that having high Intellectual Qoutient or I.Q is really very helpful for someone to be successful, it was true because your intelligence could be your string ladder to your success but having high I.Q isn't enough to be successful and stay as one. Many philosophers have said that having high I.Q isn't enough if you have low emotional qoutient on the other hand. You must have both of it for you to manage staying at your success. If you will keep on getting swayed by yoir emotions especially nit being able to control greed, fear and the latter one, you will just mess the success you have started having. 
Emotions come from the fact that we don't know how to control them. And the control of emotions comes from consciousness. To be able to use consciousness, to control emotions, you need to use meditation. It really helps to learn to concentrate and not be distracted by unnecessary emotions. Or you can just try to notice it every time when you have negative emotions and thoughts. After a while, you will learn to switch attention from such emotions to something that you are doing at the moment.
Yes you are right because of this emotion we cannot control ourselves That's why we have to suffer a lot Do not despair change the motivation and move forward Because to be a successful entrepreneur it has to be dealt with.
People can never do anything at once He has to try slowly to succeed. Because if you do not get frustrated when obstacles will come before you succeed you will have to control your feelings and move forward. Before you can succeed in business you need to control emotions and keep your head cool The only way to be successful is to control emotions.
To start anything itself is the first and the biggest step that anybody can take it. Then comes the discipline and self-control which plays a vital roles to become a successful in the long term. Also, one should be able to judge for how long to continue or quit if things are just not going on your way or to realize it is not you cup of coffee.
Discipline is really needed in investing/trading or even if you are a bounty hunter or in everything that you are doing. Learn to manage your time wisely, if you will trade, learn to make some of your weekly task and goal, don't be to aggressive and too greedy so that you can focus on what you want and you can think well with your next plan if plan A fails.
People can never do anything at once He has to try slowly to succeed. Because if you do not get frustrated when obstacles will come before you succeed you will have to control your feelings and move forward. Before you can succeed in business you need to control emotions and keep your head cool The only way to be successful is to control emotions.
To start anything itself is the first and the biggest step that anybody can take it. Then comes the discipline and self-control which plays a vital roles to become a successful in the long term. Also, one should be able to judge for how long to continue or quit if things are just not going on your way or to realize it is not you cup of coffee.
Confidence is really a must but having overconfidence on oneself will not bring any good at all. We might commit mistakes and fail most of the time but if we try to control our emotions as much as we can, then it's more likely that we will gain positive result in the end.
Should be aware of too underestimating things aswell, I've read some people with dunning kruger effect could have an inflated self-assessment towards their own capability and that's a really bad thing and being overconfidence will just become a catastrophe to oneself. It's always our ability to read the current circumstance and be aware of it before being confident. Though sometimes I think that being overconfident and greed always correlate to each other.
In any case, the results of a person’s activity primarily depend on his self-control, but I’m sure that the results of cryptocurrency users on the market do not depend on emotions, because first of all he must have knowledge and experience, and then thanks to his inner qualities be able to control your emotions and use your knowledge correctly.
This might actually be the reason why big investors mostly those that are getting the most out of the market in terms of profits hire some financial advisors to help them out to control their investment strategy and mostly they serve as the one who absorb the pressure of the market. In this regard, emotional issues could be solved by these financial advisor which is in fact, already been practiced to do it effectively which will make the possibilities of winning even higher.
CONFIDENCE- Too much confidence will definitely kill you.
All of too much are bad for ourselves, this is not limited to our emotions but, is applicable to all of our characteristics, manner, and to other things. We must monitor ourselves and control all of too much from our lives. We must always keep in mind our limitations and boundaries. Example are like too much gambling leads to addiction and other things here in the crypto world.
Fear and doubts are the obstacles that the people should surpass. It is the wall where the people leads to not make investment with cryptocurrency. If we will manage to handle the fear that we are currently experiencing then it has a high chance that we can become a successful investor and trader. We should not let fear and doubt to control our inner self.
That is true, and I admit that these mistakes often occur to me personally, for some reason the problem is difficult to avoid until such a mistake is usually made even by others even though they already have enough experience. I'm sure such problems can be avoided when someone already has very good knowledge, because even experience is not enough to avoid these problems, because even when we have high confidence then in the end it will also be something that is not good, but when we have good knowledge and experience in the sense that everything must be applied simultaneously, then the results will be good too as long as we can struggle and work better planned and controlled well.
Very correctly stated. Indeed these emotions must be tackled to be able to make consistent profits and become a professional trader, human emotions by instinct are there to make them weak in the world that is not controlled by emotions and which doesn't care if they keep you happy or not, so in the battle of fact and emotions, fact should win.
You can achieved that by keep practicing in your everyday life, conditioning your mindsets that fact should be the one who controls everything will overpower your emotions, success will follow if you will take it seriously. Emotion though is hard to control but if you do have the determination and self will chances is more higher there are already people who manage to do the same so better to think about it by yourself.That may seem to be a system that is too rigid and does not offer any flexibility to the trader and you will be right on your observation but it has many advantages over other systems and one of the most important is that it leaves emotions out of the game, even if you are mad, sad or excited about what it is happening in the market it does not matter since you cannot get in or out of the market unless your system tells you to do so.
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