Never Trade On Emotions

[lepbagong]

Of course, if you cannot control the emotion well, it is better not to trade. Trading with emotion will be a disaster, it will lead to a wrong decision during trading. I cannot imagine if someone trade while emotional, he can sell all his coins panicking when there is a big decline. This situation should be avoided by everyone.

emotions are okay, but don't let them become unstoppable emotions by no longer being able to think clearly, let alone panic, because it can happen that what will be done is no longer in line with the main goal but is too panicked and has excessive fear. so it should have been able to hold on to the trade but instead made a sale with the expectation of not losing too much, but not long after the price increased again and made a misstep.

everything that will be done is always clear-headed and there is no need to always panic if you take a wrong step but think about why it is wrong and what the next action will be with good thoughts and based on experience that we have often done.

[Digital_Lord]

You are right in trading, in trading emotions should be kept aside and will keep patience because a good trader can never be working on emotions and he will have to wait for the right time to move on and working in a gigantic way.

[eldial]

Yes I agree with this just never trade on emotions because it can damaged the feelings of a man which cannot be controlled the planning of a correct ways of trading into a perpect payment .

[Gvent]

Yes I agree with this just never trade on emotions because it can damaged the feelings of a man which cannot be controlled the planning of a correct ways of trading into a perpect payment .

Yes I agree with this just never trade on emotions because it can damaged the feelings of a man which cannot be controlled the planning of a correct ways of trading into a perpect payment .

[Rollinginthedeep]

If you trade on Emotions, you are more likely to lose money.  Because the movement of crypto market is not based on emotions.  Before investing in any project, you must know the details about that coin or project. Because money is precious to everyone.

I'd rather choose to play NFT games than trading if can't control my emotion. Not only because I'm just playing, but I can earn at the same time. I'm currently playing this game called Battlewave2323 of AnRKey X, their game is built on Unity, a gaming engine that is used by the top gaming studios like Nintendo, Sony, Ubisoft, Blizzard, EA

[cashisking86]

I think it depends on how you are choosing to invest. If you are confident in the long term prospects of BTC then invest a bit each month regardless of price and don't watch the price for now. If you are trading it then that will be different and you need to rely onmore skill to get good entries and exits.

[Alter]

Professional traders shouldn't trade with emotions. If you want to be a real trader in crypto market, the first thing you must ensure to yourself is never emotion on whatever the market condition. Those people who trade with emotions probably have higher risks to lose their money. Because they cannot control themselves when the market is in a bad situation.

[Michael.sol]

There are some types of people who often losing when trading.
They are the ones who"
- Panic
- Doubt
- Hurry
- Hyped.
- FOMO.
- Angry.
- Worried.
Those are because we cannot control our emotions in trading. So, we can easily get lost.

Absolutely right mate  ! Every user suffer from these points in begning , most common is fomo and panic buying or selling  !
We must learn skills first before we are going to invest in any coin . Or we can go for longterm holding as compared to day trading that's is much beneficial .

[oZeus121]

best advice to not trade when you're too emotional/tired/excited

[Alter]

best advice to not trade when you're too emotional/tired/excited

Yes, if you feel tired or emotional, it is better to stop and back again to trade tomorrow. Controlling yourself is a must when trading crypto, it is a crucial part to support success in trading. We cannot think wisely and properly if we feel tired or emotional, not a proper situation for trading activity. So, don't force to trade in that situation.

[sony khan]

With us, humans, who have emotional sides and overthinking elements that ride over our heads, this will always be an issue. You will never be successful if you are very enthusiastic about it and make decisions based on your feelings. When individuals behave in this manner, it is due to our gambling nature rather than our logical nature. To be effective, we must be persistent and follow risk management rather than just going all in.

Don't be envious of what others have since they may have started from a different place than you. Simply be patient, and all will come together in the end. In addition, utilise a programme like Gunbot to help you trade.

[Alter]

I completely agree with you that when trading, you need to be guided by common sense and cold calculation, not emotions.

What do you mean by common sense or cold calculation? I don't get your point, that seems a bit strange to me. I think emotion is also common sense, it happens naturally. But what we must do, is to deal with emotion, control it well. It is impossible to avoid emotion, it is a part of our life. However, as a human, we can try to control it with certain ways.

[jhm]

Good old emotions. The only time it won't help you is when swapping money with other people online

[Master107]

Good old emotions. The only time it won't help you is when swapping money with other people online

Emotion is good but not always reliable basis particularly in crypto. P2P too is risky however it should be done through reliable exchange site in order to avoid scammers.

[Feraye_deniz]

Basically "Trading depends on brain activities without hormons"; so you don't need emotions for math., market analysing, observation perspective.... On the other side, the market deviations are directly connected trader emotions!!! People invests on thousands of shitty projects by the effects of fake motivations. That's why you have to invest on invest! Read, search and compare...