I'm not good in trading. Panic is my worse enemy whenever I see a downward movement of Bitcoin I cant help myself to sell instead of waiting for the downward trend to end and wait for it to recover.
When theres a trend of price going up every weekend and its consistent for 3 weeks I never buy because of fear that it will not go up on a week end, I was not able to take advantage of those.
Topic: Trading, emotions and your fine selves - page 6. (Read 1529 times)
I was doing some trading a while back but...
Never had the nerve for it...
Always checking what's going on with the price ticker, monitoring the sell tables etc.
Bought some coin and than constant wondering is it up or down, sell or hold a bit longer.
I was making some tiny profit but than I realised this, to much of a gamble man, stress is eating you, this isn't fun, so I have stopped. Feel much better now, free of those emotions, obviously this is not for everybody.
Now I'm just a bag holder and I like it.
Never had the nerve for it...
Always checking what's going on with the price ticker, monitoring the sell tables etc.
Bought some coin and than constant wondering is it up or down, sell or hold a bit longer.
I was making some tiny profit but than I realised this, to much of a gamble man, stress is eating you, this isn't fun, so I have stopped. Feel much better now, free of those emotions, obviously this is not for everybody.
Now I'm just a bag holder and I like it.
we are all human and even the most veteran traders still have some emotions left in them that may affect their decisions 
Emotions just a natural things is are can't be separated, and although someone is already can controlling their emotions, but there is a moment is he are can't controlling their emotion.emotions are always giving a high contribution for the people is trapped by worst decision, I have some coin but in this time the price is still in 500 satoshi and after a month is passed the price is increasing for more than 20x and caused by my emotions is actually always hold my coin and not sell them at the moment, and after the moment is gone... I realize I taking a worst decision caused by my emotions.
we are all human and even the most veteran traders still have some emotions left in them that may affect their decisions
and as for me, i am no expert and i have been making lots of mistakes because of making wrong decisions in wrong times because of emotions like not holding because of the negative things i have been hearing or seeing on the charts and then regret selling.
although this mostly happens when i am trading altcoins. for bitcoin i am strong as a rock. i hodl.
and as for me, i am no expert and i have been making lots of mistakes because of making wrong decisions in wrong times because of emotions like not holding because of the negative things i have been hearing or seeing on the charts and then regret selling.
although this mostly happens when i am trading altcoins. for bitcoin i am strong as a rock. i hodl.
I was trading with emotions at the beginning but now I am able to control my emotions up to some extant (especially when I see a constant purchase orders by bots on every second). I try to stick to the investment rules of the great investor warren buffet, he says “Be fearful when others are greedy and greedy when others are featful”. I have no shame to tell that I still place some orders without deep research but I know that’s wrong and I would improve it soon.
Who here feels they have a handle on their emotions when it comes to trading or holding?
I think it's an area that many people like to feel that they've mastered, but if they saw playbacks of their actions a while down the line it would be screamingly obvious that they haven't.
To give a personal example I have a few XEMs. A few months back I was looking to consolidate all the crypto threads I had lying around so looked into selling a sizeable chunk as they'd been pretty stagnant for a while.
Being a bit dim and easily distracted I forgot about it and so stuck around for a 20-25x rise. Had my concentration held I probably would've gotten rid of them and would now be wailing and puking. In that particular case boredom and impatience nearly got the better of me.
There are countless examples on this forum of people declaring things dead or emphatically stating that such and such price will never happen again and giving up. Same goes for people going all in at the peakiest of peaks.
Have you yourself found your emotions tripping you up or are you an emotionless trading terminator?
I think it's an area that many people like to feel that they've mastered, but if they saw playbacks of their actions a while down the line it would be screamingly obvious that they haven't.
To give a personal example I have a few XEMs. A few months back I was looking to consolidate all the crypto threads I had lying around so looked into selling a sizeable chunk as they'd been pretty stagnant for a while.
Being a bit dim and easily distracted I forgot about it and so stuck around for a 20-25x rise. Had my concentration held I probably would've gotten rid of them and would now be wailing and puking. In that particular case boredom and impatience nearly got the better of me.
There are countless examples on this forum of people declaring things dead or emphatically stating that such and such price will never happen again and giving up. Same goes for people going all in at the peakiest of peaks.
Have you yourself found your emotions tripping you up or are you an emotionless trading terminator?
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