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Topic: Top Three Emotions to Check to Succeed! - page 6. (Read 2446 times)

sr. member
Activity: 756
Merit: 268
November 25, 2019, 10:56:22 AM
#70
sr. member
Activity: 952
Merit: 274
November 25, 2019, 09:46:44 AM
#69
Emotion to me is a thing to get ride off because it can pull or push anyone into what they never wanted in life. Most importantly, emotion should be control towards succeeding in this cryptocurrency world, if emotion are not been control there's the possibility of given up on the industry due to it volatile nature.


You should control your emotions but not to get rid of it because its a good source of will power and guts. Only negative emotions like anger, depression, or frustration should be removed. Those positive ones should remain intact.
That is right to me, it is insane to get rid of emotion, and if we liken it to real life emotion, we will be nothing but a heartless human being which is not a good thing. For trading, I understand that emotion sometimes do cause lots of damages, but at the same time too, it has its own advantage too like one of the one you just mentioned too out of many.

We need to only learn to control our emotion, learn to apply it where necessary and then remove it where it is not necessary. In trading though, emotion is usually what causes people to fall victims of panic sell and also victim of FOMO, but no matter how much we think we have killed our mention, you see those two things is not really easy to deal with, we just have to try our best in managing it and leaving the rest to God.
Trading pyschology is the 80% of a succesful execution in trading. I've been studying it in many years now and thats why I fully understand my self and it helps me to improve my decision skill making.
sr. member
Activity: 798
Merit: 253
November 25, 2019, 08:21:20 AM
#68
focus on greed and confidence. these emotions can indeed be a boomerang for us and make us get a huge loss. but, when we are able to utilize this emotion, I think it can make us successful.

there's no harm in being greedy, but we need to have information for that. some successful traders reach their targets by selling their highest assets. but, this excess emotion will certainly have a negative impact.
in addition, we also need to believe in the principles that we have. not having principles will only follow people's opinions, and sometimes it will end in regret. In this case, I think these emotions should not be avoided but should be utilized as well as possible, and not to exceed the limits.
Every negative emotion can become a powerful tool if utilized in right way. Greed, arrogance or hate; these all are elusive because when a person wears them, they feel like power. This are the triggers and resources that keep us pushing forward. Still not recommended as it hurts the bearer mentally and emotionally. The best is to dream high and achieve goals with right methods and attitude. Becoming rich is possible by bitcoin and criminal activities, but former is respectable one.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
November 24, 2019, 11:34:29 AM
#67
focus on greed and confidence. these emotions can indeed be a boomerang for us and make us get a huge loss. but, when we are able to utilize this emotion, I think it can make us successful.

there's no harm in being greedy, but we need to have information for that. some successful traders reach their targets by selling their highest assets. but, this excess emotion will certainly have a negative impact.
in addition, we also need to believe in the principles that we have. not having principles will only follow people's opinions, and sometimes it will end in regret. In this case, I think these emotions should not be avoided but should be utilized as well as possible, and not to exceed the limits.
member
Activity: 602
Merit: 11
August 02, 2019, 11:07:12 AM
#67
Emotion to me is a thing to get ride off because it can pull or push anyone into what they never wanted in life. Most importantly, emotion should be control towards succeeding in this cryptocurrency world, if emotion are not been control there's the possibility of given up on the industry due to it volatile nature.


You should control your emotions but not to get rid of it because its a good source of will power and guts. Only negative emotions like anger, depression, or frustration should be removed. Those positive ones should remain intact.
to be able to control emotions, it requires a process, and different ways for each person, sometimes people choose to go to the mountains, the beach or watch a movie to neutralize their emotions. sometimes bad emotions repeat themselves, and therefore we must keep trying to be able to control them, because emotions are the most influential on the accuracy of the analysis

sr. member
Activity: 1078
Merit: 256
Fear is the most important emotion could make you down and disappointed with all of your choose, some time you keep watching and waiting to buy coins, but after several time price is up.
Make sense, fear always makes you regret when you see that the value from the last you checked was already mooning, you have to make some good assumptions and be ready to take the risk investing your money inside the market, being ready and willing to take such steps will make you a good trader after, it's all about how good you anticipate and how well you observe the potential next movements.
full member
Activity: 1498
Merit: 146

Fear.
If you want to achieve something, you need to sacrifice.
You can just hide forever until die or die trying ?

Complete risk also a great danger to the crypto currency trader so we need to calculate what can be the outcome of the risk we are taking then we can make profits in long term.
sr. member
Activity: 854
Merit: 253
l0tt0.com
November 24, 2019, 05:58:05 AM
#66
sr. member
Activity: 2422
Merit: 357
August 02, 2019, 06:57:49 AM
#66
Emotion to me is a thing to get ride off because it can pull or push anyone into what they never wanted in life. Most importantly, emotion should be control towards succeeding in this cryptocurrency world, if emotion are not been control there's the possibility of given up on the industry due to it volatile nature.


You should control your emotions but not to get rid of it because its a good source of will power and guts. Only negative emotions like anger, depression, or frustration should be removed. Those positive ones should remain intact.
member
Activity: 464
Merit: 10
November 24, 2019, 05:43:20 AM
#65
Actually emotions are something that is very difficult to control for myself, whenever I invest in a project or when I sell, I always have the question: "What if I sell them? How about holding it ... "is really very vague in the decision and you are right that greed it always motivates us, makes us lose everything, but fear is also a factor importantly, for new traders they often suffer from "panic buying and selling panic" situations which lead to losses. It is better to trade according to the plan that you have set, set goals and follow the roadmap, do not let emotions dominate you.
hero member
Activity: 3052
Merit: 606
August 01, 2019, 05:38:05 PM
#65
I believe the fear of losing money is something more serious. people when they enter the world of crypto have or pass for the fear of losing everything, in my case for example when I bought bitcoin and days later the price dropped a lot I remember I went into panic and sold with losses , and to my misfortune days later the price fell again and I sold again at a loss. I had 90% losses... but I learned the lesson

Yes, but I think if we only prioritize self confidence it might also cover everything, because with high confidence it will make you always make good decisions and with confidence will also make you able to control emotions, when emotions can be controlled then it can avoid greed and fear depending on the situation.

Confidence can do great losses, the best option is to be rational, not to involve emotions
Trading with confidence is not also good because it can also contribute losses.I believe even if you think you are so good in trading and have gained big profits in your previous years,but the fact that crypto market remains unpredictable,so you should still be cautious and careful with your own decisions.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Fear is the most important emotion could make you down and disappointed with all of your choose, some time you keep watching and waiting to buy coins, but after several time price is up.

That is true, fear could be very dangerous emotion and that is why many fake, false news with bad intentions tend to cause fear of loss and hopless situation. That is something that needs to recgnozied and user needs to be able to use common sense and see situation in more clear way.
We can't exclude all our emotions, otherwise we would be robots but those who could harm our judgement we need to learn how to keep under control.
jr. member
Activity: 114
Merit: 1
August 04, 2019, 11:32:50 AM
#64
Greed is my favorit one
member
Activity: 602
Merit: 11
Those who combine the state of no emotions but rather pure logic with long term planning and perseverance will win.

As humans, this is natural and I don't think we should be able to eliminate this since, as I said, we are humans. Instead of having no emotions, I guess we should just be able to control these emotions and stick to the decision making that we have that will increase the probability of us getting a profit. Emotions can hinder us getting profits but without emotions, we are not human.
No one is really talking about eliminating your emotions in every aspect of your life you just need to take control of them when you are trading, those that are successful at trading take their decisions based on a very strict criteria and using their emotions is not one of them, they enter and exit the market based only on the data available to them, getting emotional about losing or winning a trade is ridiculous to them since they know beforehand how much they can make or lose on each trade.
emotions will remain in humans. indeed the most difficult to control emotions, because any kind of analysis, will lose if you can not control emotions. the process of getting emotions stable, everyone is different and in different ways, and only those who understand it,  therefore motivation is needed
member
Activity: 143
Merit: 10
August 04, 2019, 11:20:58 AM
#63
Thats the about me. Maybe i should leave crypto? Hah im to greedy for it and to fear to loose income
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 01, 2019, 03:48:21 PM
#63
Yes, but I think if we only prioritize self confidence it might also cover everything, because with high confidence it will make you always make good decisions and with confidence will also make you able to control emotions, when emotions can be controlled then it can avoid greed and fear depending on the situation.
full member
Activity: 1316
Merit: 108
August 04, 2019, 09:37:35 AM
#62
We must understand that not always emotions can positively influence the results of your activity.  First of all, you need to avoid work when you are under negative emotions, as well as when you are too cheerful.  These or other emotions can put you out of a working state.
sr. member
Activity: 1492
Merit: 269
Fear is the most important emotion could make you down and disappointed with all of your choose, some time you keep watching and waiting to buy coins, but after several time price is up.
hero member
Activity: 3052
Merit: 606
Those who combine the state of no emotions but rather pure logic with long term planning and perseverance will win.

As humans, this is natural and I don't think we should be able to eliminate this since, as I said, we are humans. Instead of having no emotions, I guess we should just be able to control these emotions and stick to the decision making that we have that will increase the probability of us getting a profit. Emotions can hinder us getting profits but without emotions, we are not human.
Emotions will always be here no matter what so whatever actions we take,part of it are based from our own emotions.But since crypto investment won't be much profitable if we use our emotions,so atleast we should try to control our emotions and discipline ourselves not to be lured by our own emotions.
legendary
Activity: 3318
Merit: 1128
August 03, 2019, 12:04:18 PM
#61
Emotion to me is a thing to get ride off because it can pull or push anyone into what they never wanted in life. Most importantly, emotion should be control towards succeeding in this cryptocurrency world, if emotion are not been control there's the possibility of given up on the industry due to it volatile nature.


You should control your emotions but not to get rid of it because its a good source of will power and guts. Only negative emotions like anger, depression, or frustration should be removed. Those positive ones should remain intact.
That is right to me, it is insane to get rid of emotion, and if we liken it to real life emotion, we will be nothing but a heartless human being which is not a good thing. For trading, I understand that emotion sometimes do cause lots of damages, but at the same time too, it has its own advantage too like one of the one you just mentioned too out of many.

We need to only learn to control our emotion, learn to apply it where necessary and then remove it where it is not necessary. In trading though, emotion is usually what causes people to fall victims of panic sell and also victim of FOMO, but no matter how much we think we have killed our mention, you see those two things is not really easy to deal with, we just have to try our best in managing it and leaving the rest to God.
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