I believe that the problems that you have described are caused by the fact that you spend too much time before the computer watching the prices go up and down.
This will do you no good, really. You should try spending less time watching the opened deals, but you should spend more time on technical analysis and building up your own hypotheses and trading ideas. I made myself spending less time staring at the terminal because I realised that it affects my trading results negatively.
While you watch your opened deals, you start thinking about the past and regret which bring up lots of emotions which force you to make some quick decisions which are wrong.
I treat trading the following way: when I open a deal, that is the moment of no return. I don't change my plans because I need to be confident about the fact that this deal will bring me profits. So, I close the platform and concentrate my attention on something else. Later, I can open the platform or a trading app and see, whether my deal reacked the goals that I have set or not. If not, I need to find the reasins for it.
Topic: what makes us good investors. - page 6. (Read 5420 times)
A good investor is the one who wisely picks his investments and creates a clear strategy around them. To invest effectively you must be consistent, prudent and always be ready to follow your strategy without falling into the emotions caused by market news or the news of uninformed friends. And, above all, you must remember that to invest you must always have a long-term horizon; otherwise you are gambling.
Yes, emotional attitude is very important, it will affect our judgment,
We must also continue to learn knowledge, have a certain understanding when investing, and listen to the opinions of others, but do not completely listen to what others say. Have your own judgment.
You must have patience, patience is also very important! Don't hesitate, have the courage to take risks.
Right, managing your emotions when you are doing a crucial investment decision but that's easy to say on paper but when the application is a difficult one to do. Learn the technical things first of all, gather knowledge and learn patterns about the market and try to always be watchful and don't forget to sit back and relax sometimes, no point stressing everyday. We must also continue to learn knowledge, have a certain understanding when investing, and listen to the opinions of others, but do not completely listen to what others say. Have your own judgment.
You must have patience, patience is also very important! Don't hesitate, have the courage to take risks.
Market sentiment affects investment. Negative news in the market can easily cause us to fear that we will actually buy and sell currencies in the wrong way. Control your emotions when investing, and calmly analyze market fluctuations to make the right investment choices.
That's why it is important to always keep up with what's happening on the news because they can affect what's going to happen to the market next. It's easy to say to control emotions but the problem is that for newbies that have a lot of money put in their investment, they will have a hard time doing that because they will be nervous with seeing their money slowly going down. 
Market sentiment affects investment. Negative news in the market can easily cause us to fear that we will actually buy and sell currencies in the wrong way. Control your emotions when investing, and calmly analyze market fluctuations to make the right investment choices.
Being able to control emotions is very important in bitcoin investment. People with bad emotions easily panic when prices drop, but people with good emotions will not panic even if the market is bad, they will analyze the market and determine whether to play long-term or short-term. This is usually done by experienced investors. 
Market sentiment affects investment. Negative news in the market can easily cause us to fear that we will actually buy and sell currencies in the wrong way. Control your emotions when investing, and calmly analyze market fluctuations to make the right investment choices.
As you do able to get experience you would able to achieve this kind of mentality on where you would really be prepared whenever these things do really happen along the way.Investor mind like would really be ready in all possible circumstances that might be experienced because this market could really possibly give out unexpected events which
you wont really be anticipating for it to happen. What matters here is that you do able to sustain yourself when it comes to your investment, there might be losses
but you do end up to be profitable in the end of the day and just continue on what you are doing and keep learning.
Yes, emotional attitude is very important, it will affect our judgment,
We must also continue to learn knowledge, have a certain understanding when investing, and listen to the opinions of others, but do not completely listen to what others say. Have your own judgment.
You must have patience, patience is also very important! Don't hesitate, have the courage to take risks.
Trading with money that you can afford to lose a good characteristics of a good investor. Many desperate investors do collect people's money to trade to pay them higer interst, which is very risk cause if you eventually lose the money, it will be difficult for one to pay if he or she does not have another source of income. Investing is good and can double capital when good risks is taken without being too greedy.We must also continue to learn knowledge, have a certain understanding when investing, and listen to the opinions of others, but do not completely listen to what others say. Have your own judgment.
You must have patience, patience is also very important! Don't hesitate, have the courage to take risks.
A good investor must be able to take good risk no matter the capital that is used. Some traders believe that using bigger capital to trade is a guarantee to gain more profits, but it's definitely wrong. Trading with large capital without good management risk is a poor way of trading and can create loses of funds if risk management is not enforced properly.
Market sentiment affects investment. Negative news in the market can easily cause us to fear that we will actually buy and sell currencies in the wrong way. Control your emotions when investing, and calmly analyze market fluctuations to make the right investment choices.
Yes, emotional attitude is very important, it will affect our judgment,
We must also continue to learn knowledge, have a certain understanding when investing, and listen to the opinions of others, but do not completely listen to what others say. Have your own judgment.
You must have patience, patience is also very important! Don't hesitate, have the courage to take risks.
We must also continue to learn knowledge, have a certain understanding when investing, and listen to the opinions of others, but do not completely listen to what others say. Have your own judgment.
You must have patience, patience is also very important! Don't hesitate, have the courage to take risks.
People seem to have forgotten the basic principle of Avoid Investing in Anything You Don't Understand. You are never required to invest in any specific investment. Don't let other people convince you to invest in something you don't understand. Many opportunities will arise in life.
Don't let the fear of missing out cause you to do things that aren't right. If you or the person managing your money can't explain basic investing principles such as where and how money is made, how much is paid for that income stream, and how the money will eventually return to your pocket, then you're not investing.
Don't let the fear of missing out cause you to do things that aren't right. If you or the person managing your money can't explain basic investing principles such as where and how money is made, how much is paid for that income stream, and how the money will eventually return to your pocket, then you're not investing.
Good point, if you don't have any knowledge and you are not willing to take the extra mile to understand the investment that you are going to put your money, then it's best not to start or not to deal with it. The very chance that it will only lead you to lose instead of gaining from your invested money.
Fomos most of the time is the reason why newcomer lose their money, trying to work with investment that they don't know and once something unusual happened they decide things the wrong way putting their investment in the negative side and worse losing huge portions of their entire investment.
Dont loosing hope to be good investor, even sometime hope feel like kill you. When you hope your investment going beyond, and you think its was the top, you sell it all, but your selling price left far behind after one day, it is what i mean "hope like killing you" its often happened to me, so i can say it.
Hope also make you greedy, so dont be hopes slaves, just make up your mind (with good analysis before) and take your seat comfy while you sell, buy or keep your investment.
Don't have high expectations because if it doesn't happen, of course it will make us disappointed.Hope also make you greedy, so dont be hopes slaves, just make up your mind (with good analysis before) and take your seat comfy while you sell, buy or keep your investment.
that's why it's important to do an analysis before doing anything because that way at least we get more detailed information
Dont loosing hope to be good investor, even sometime hope feel like kill you. When you hope your investment going beyond, and you think its was the top, you sell it all, but your selling price left far behind after one day, it is what i mean "hope like killing you" its often happened to me, so i can say it.
Hope also make you greedy, so dont be hopes slaves, just make up your mind (with good analysis before) and take your seat comfy while you sell, buy or keep your investment.
Hope also make you greedy, so dont be hopes slaves, just make up your mind (with good analysis before) and take your seat comfy while you sell, buy or keep your investment.
It is easy to say 'to separate our emotions with our investing'. How to do this? It is something like to say a panic stricken person to calm down. I think that the only way we can protect our decisions from emotions is to create an accurate and precise trading strategy, where will be no room for emotions but for analysing and reading the charts and indicators. Only in this case it is possible to get rid of the emotions.
Hodling when time crashes and not panic selling is one of the good definitions of a good investor. If you're panic selling too much and can't even handle corrections, I don't think you're included as one of great investors because you didn't played well in difficult situations of the crypto market.
One of the fundamentals in trading in crypto is controlling your own emotion because if you can't, multiple unsure decisions will occur on your crypto journey and it might lead you to huge loss.
One of the fundamentals in trading in crypto is controlling your own emotion because if you can't, multiple unsure decisions will occur on your crypto journey and it might lead you to huge loss.
People seem to have forgotten the basic principle of Avoid Investing in Anything You Don't Understand. You are never required to invest in any specific investment. Don't let other people convince you to invest in something you don't understand. Many opportunities will arise in life.
Don't let the fear of missing out cause you to do things that aren't right. If you or the person managing your money can't explain basic investing principles such as where and how money is made, how much is paid for that income stream, and how the money will eventually return to your pocket, then you're not investing.
I agree. There are so many cliches in what good investors should do, but we have to have a great foundation to start.Don't let the fear of missing out cause you to do things that aren't right. If you or the person managing your money can't explain basic investing principles such as where and how money is made, how much is paid for that income stream, and how the money will eventually return to your pocket, then you're not investing.
Investing might not be for everyone, sometimes skills are needed in this niche, which is also why financial advisers are offering their services.
People seem to have forgotten the basic principle of Avoid Investing in Anything You Don't Understand. You are never required to invest in any specific investment. Don't let other people convince you to invest in something you don't understand. Many opportunities will arise in life.
Don't let the fear of missing out cause you to do things that aren't right. If you or the person managing your money can't explain basic investing principles such as where and how money is made, how much is paid for that income stream, and how the money will eventually return to your pocket, then you're not investing.
Don't let the fear of missing out cause you to do things that aren't right. If you or the person managing your money can't explain basic investing principles such as where and how money is made, how much is paid for that income stream, and how the money will eventually return to your pocket, then you're not investing.
In my opinion, being a good investor is always cold and insensitive to the market. always believe in their ability to speculate without being affected by any outside influence and always give the desired target to take profit at the right time, it is important not to sell at a loss.
Like we'll know that emotion is the first obstacle to successful trading. A lot of traders have battled these problem for long as a result of fear of losing. Everyone wants to be winner but the path of winning encompasses the bolder to face to he worse scene that could happen as either a trader or an investor. Fear of taking risks has hindered a lot of investors to pull back their funds limiting the rate at which they can succeed. Everything we want to do that may make us bouyant could need risks which is part of the game. A lot of successful investors had taken risks without numbers in businesses, increasing their exposure in so many fields. Risks are necessary as an investor.
In my opinion, being a good investor is always cold and insensitive to the market. always believe in their ability to speculate without being affected by any outside influence and always give the desired target to take profit at the right time, it is important not to sell at a loss.
I think investors fall under two categories, there is us who are considered the retail investors and the institutional investors. And as far as I know the retail investors all more concerned with how markets are behaving and tend to act on emotions while the whales the institutional investors care less about price as they act on what is the best move at that pointing time and no emotions are involved whatsoever.
This is right though, majority of the investors belongs to the retail investors, but these investors are usually the ones that who will panic or use their emotion more than their intelligence, they came here mostly because of hype while the institutional investors are smart investors who put a lot of money because they are convince on the future of crypto, so they'll not panic easily. 
A good investor is not too greedy and every piece of the pie is present. I have observed this from successful investors in my country. They are very good at catching trends and making money from them. They always have a way to stay informed and win the market as soon as possible. Of course, they have a team of their own and the members are all actively working. I'm trying to make myself a team but it's hard to find diligent people who are passionate about investing and the crypto market.
In my opinion the two features any good investors has is managing his emotions in a healthy way and being able to reflect and think critical of our positions. A good investor will change his opinion with the market. For example, a coin we buy at the beginning of the year seems very attractive, but after a few months the market changes. As a good investor we need to constantly check our positions and see if our predictions are still valid.
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