Topic: what makes us good investors. - page 26. (Read 5450 times)

Selling or buying investments ?
As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-

1.   Our emotions
2.   Our lack of knowledge
3.   Hope !

Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder.
Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow.
This is really hard once our emotions are involved with our investments.
I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.”
I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful.
Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”

You are right sometimes decisions taken by emotional intervention can make us unstable and confused, investment really requires knowledge and experience and we cannot make decisions based on feelings, because it is not logical if we think about it, but for those who have intuition the strong will be different stories.

You are right sometimes decisions taken by emotional intervention can make us unstable and confused, investment really requires knowledge and experience and we cannot make decisions based on feelings, because it is not logical if we think about it, but for those who have intuition the strong will be different stories.

Selling or buying investments ?
As a bitcoin trader the hardest decision that we can ever take is , selling our beloved cryptocurrency and this is preety hard because of :-

1.   Our emotions
2.   Our lack of knowledge
3.   Hope !

Well you all can relate to the fact that whenever we are into selling something, we take hasty decisions, generally if the price is falling and we lack patience and even if we are scared that this can go worse in the future we generally sell and then regret moments later when we see it climbing ladder.
Even if the price is going great and its increasing we generally tend to regret if we sell it and the price continues to grow.
This is really hard once our emotions are involved with our investments.
I think that the best thing we can do is separate our emotions with our investments. We should kind of make a pact to never regret any decision that we ever made because in the words of Victoria Holt “never regret, if it was good , its wonderful and if its bad, its experience.”
I think what’s important is taking into account every single detail in the market regarding our investment and at the same time emotionally detaching our minds and making stable decisions and that’s what makes a investor successful.
Also someone has truly said “the investment market takes money from the hasty one and gives it to the patient one”

Deciding to do something must be based on what we do indeed we have done research and not in a panic. Likewise in bitcoin investment this is needed, moreover we know that bitcoin is a long-term investment. so that very careful care is needed to carry out the execution actions that will be undertaken. with this treatment, we will benefit.

It doesn't mean if you are an investor you will always get a good profit, sometimes the market is not on their side that's why they always have a hard time to manage their profit over losses. Enough knowledge about the market is a very important aspect here or even more on that so that you will not having a hard time to analyze everything.

It doesn't mean if you are an investor you will always get a good profit, sometimes the market is not on their side that's why they always have a hard time to manage their profit over losses. Enough knowledge about the market is a very important aspect here or even more on that so that you will not having a hard time to analyze everything.

That’s right, one of the biggest factor is the emotion. If you can’t control it, you might loss your investment. Don’t be greedy, you might miss the peak, if you are in short term, don’t hesitate to sell if you earn even in small amount.

  Before investing it is very important to know how beneficial the coin is in which you are investing, after investing our profit depends on our holding ability if we will hold it more after once we invest it will surely rise in price, so according to me, our patience, knowledge skills and way of investment makes us good investors, and a good investor never think about panic selling.

Even the best investors have failures so keep that in mind.  Don't get discouraged from past losses and failed choices.

A good investor always holds the investment in bears time and make extra purchasing so that he can make a decent profit when the market is starting in a bull run.