Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: mianvicky1 on July 26, 2021, 09:44:49 PM
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
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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.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
I agree with you but investors should understand that when you are investing in any cryptocurrency, you shouldn't look at the immediate gains, your focus should really be for the long term but if it so happens that the market is good in a short time, then taking profits is advised and if they are also investing with funds that are not free at that particular moment, they might tend to want to recover it back, all this leads to investors making irrational desitions that might make them lose funds.
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Trader is a profession where the enemy is his emotions. If a trader cannot get rid of emotional control, he is susceptible to both positive and negative emotions, leading to wrong decisions and losses. In my opinion, a successful trader is one who acts on principles instead of emotions.
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Trader is a profession where the enemy is his emotions. If a trader cannot get rid of emotional control, he is susceptible to both positive and negative emotions, leading to wrong decisions and losses. In my opinion, a successful trader is one who acts on principles instead of emotions.
You're right, we should manage the emotions when doing trade. Because we will face it all the time.
Keep calm and focus to learn the chart and chance.
I think Its not easy to be trader.
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if you trade with emotion, it will loss you a lot of money. because the emotions that control you make you too hasty to make decisions. always calm
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The problem with the cryptocurrency market (but is already getting the problem with other investment vehicles especially forex and options) is that this has become so accessible now for anybody and so we have so many newbies entering the market every day and majority of them can be like us also when we started - starry-eyed yet ignorant of so many things even the basic ones. We are ruled by emotions and can easily be swayed by things happening in the market...we should always set our eyes long-term though admittedly this is not going to be that easy.
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First thing first: Understand where you are. Invest only what you can willingly lose.
Trading is not emotional statement rather intellectual level to pursue the correct pattern. Dyor(Do Your Own Research) is always recommendable. We could be REKT or Profit. Trade/invest with caution.
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The strangers investor who trades is typically putting hard-earned cash in investments for the sake of receiving a return. Still, they see their investments lose value due to market developments at times. We must refrain from emotions.
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The strangers investor who trades is typically putting hard-earned cash in investments for the sake of receiving a return. Still, they see their investments lose value due to market developments at times. We must refrain from emotions.
Emotions in trading are something that should be avoided. In moments of emotional unrest, we can not calmly watch the development of the situation and often make wrong decisions that lead us to lose profit.
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Trading on emotions will lead you to get a worse decision, panic situations, and also hurried condition.
If you are trading influenced by your emotion, you will feel also fear and panic so easily. It is bad enough moreover this chance is quite small if you are not patient in trading.
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Emotions in trading are something that should be avoided. In moments of emotional unrest, we can not calmly watch the development of the situation and often make wrong decisions that lead us to lose profit.
Emotional trader is absolutely noob. Along the way he/she will learn the fundamental principle that emotional trading base couldn't analyze the condition but could impulsively override the TA.
It is not emotional rather intellectual level of TA. Emotion is dangerous basis in trading.
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in fact, trading is not suitable for people who act on impulse, who let themselves be carried away by emotions can lead to big losses, we have to be cold and calculating to operate at best in trading but we don't always succeed
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Emotion does not have mind to think for us, to decide for us. It is inappropriate to base our decision because mostly we will be in danger. Mind is the correct basis to define the possible things to happen like down or up trend.
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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.
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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.
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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.
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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 .
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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 .
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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
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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.
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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.
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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 .
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best advice to not trade when you're too emotional/tired/excited
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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.
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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.
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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.
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Good old emotions. The only time it won't help you is when swapping money with other people online
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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.
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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...
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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...
Yo're theorically right, but you know, yo'begin to make some profits +%10 maybe more; and suddenly it turns down -%30,
& believe ne, are extremely voluminous projects.
Well I can't control my hormons, my brain, my cells,... >:(
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Its hard to stay calm when losing actually. As a long time gambler. When i first starting to invest on crypto i was feeling like sh-t. I had some Polinate and i dumped so hard. But one of my friend always keep telling me to stay calm and trust the project. Now im almost 2x. I like the system but its a bit slow.
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Controlling emotion is a crucial thing in crypto trading, it can be one of the big factors to make you fail or succeed. If you cannot control your emotion, you can lose your money quickly or only in a short time. We all know that crypto prices are very volatile and unpredictable, they can drop massively. If you cannot control your emotion, you can sell all your coins at cheap prices or at dump time. But if you can control emotion, you can ensure yourself to continue holding and wait for the next pump.
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Its hard to stay calm when losing actually. As a long time gambler. When i first starting to invest on crypto i was feeling like sh-t. I had some Polinate and i dumped so hard. But one of my friend always keep telling me to stay calm and trust the project. Now im almost 2x. I like the system but its a bit slow.
to be able to accept what we have done but anticipate wrongly, of course, each person will react differently. The longer we are involved in every trade in crypto, the more we will be able to control ourselves so that we are not always carried away with emotions, because we might mis-anticipate the problems that occur and will fall further into losses.
If we anticipate wrongly executing what we get, it is clear from the bounty that the most mistakes will be made. because they feel they get it for free and want to get it as soon as possible so they don't lose too much. of course it's different if we get it from trading, of course we have done the analysis before and are not always in a hurry to execute it, will wait until the price is right or higher than when buying.
what happens to you by not following what your friends say is a lesson so that in the future always to analyze well and don't need to be in a hurry because you will be able to make mistakes and eventually the emotions that develop add to the results that are out of control.
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Often, an inexperienced trader who has just come to the cryptocurrency world has fear. Namely, buy cryptocurrency, fearing that the rate will go lower. Haste is the main reason for a trader's inexperience. No need to rush!
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Trading is not a game of emotions but trading is a game of well calculation. If you trade on emotions, you are more likely to lose money. So try to acquire some knowledge about trading and be practical. Don't loose your hard earned money.
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trading will not be good if done with emotion because when you are stuck at high prices it will make you depressed, and make sure you have to be able to share your capital to trade because when you can't manage the capital you use it will be difficult to buy coins that can give you a profit .
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To avoid trading on emotions, you need a trading algorithm written on paper, which will indicate all your actions. It must be written there what you will do if the price does not go your way. After a certain number of transactions, you will be able to analyze what you are getting and what is not. There may be systematic errors.
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No coin has suffered a major setback since you bought it. In other words, the price has come down a lot. So we should wait a long time without worrying about this issue. The price of that coin will go up anytime next. So one should refrain from selling any coins in a hurry or keeping pace with emotions. For example, the price of coins fluctuated a lot during most of this year. Those who hold most of the currencies at the time of price rise should wait a long time.
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Trading with emotions often makes us lose, because we act in the trade with anger and anger. And it makes us wrong in making decisions, Emotions in trading are very detrimental. Patience is very important, especially when the price of the coins we hold is down, because at times like this we are very prone to making wrong decisions.
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Currency market is not a place for emotions, you can't do what you want based on emotions, especially when it comes to trading.One hundred percent may not bear good fruit for you. So you should get rid of all kinds of emotions before trading.
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The cryptocurrency market is not made up of emotions. The game of intelligence and patience is always going on here. So when it comes to trading here with life, not emotion, there is a possibility of loss. So how the cryptocurrency market will move is not related to emotions. So to trade here requires research and intelligence. So an investor has to increase his patience first and invest here.
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trading will not be good if done with emotion because when you are stuck at high prices it will make you depressed, and make sure you have to be able to share your capital to trade because when you can't manage the capital you use it will be difficult to buy coins that can give you a profit .
In general, it is best to leave emotions in the cryptocurrency market and be guided by firmly proven solutions. If you use this approach, then trading on the market will remain successful for you throughout the journey. I am sure that many who have left their worries outside the market have really achieved good results.
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Investing and trading requires peace of mind and analytics. I believe that any person cannot be a trader, because you need not only have good knowledge and be able to conduct technical analysis. In addition, the trader must have strong nerves and not succumb to panic.
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for new traders sometimes still can't control their emotions when trading because usually they are influenced by the conditions of the exchange, and sometimes when it's like that they will get trapped and possibly lose money, trading must be analyzed first the coin you want to buy and make sure it has good product development so that it has a clear future.
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for new traders sometimes still can't control their emotions when trading because usually they are influenced by the conditions of the exchange, and sometimes when it's like that they will get trapped and possibly lose money, trading must be analyzed first the coin you want to buy and make sure it has good product development so that it has a clear future.
The future of the coin is the main thing an investor should think about before investing in it. Of course, everything depends on experience and knowledge, but with a good level of these indicators, you can accurately determine whether it is worth investing in a project or it is better to find another more reliable and profitable one.
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Yes I fully believe. Never trade cryptocurrency with passion. You lose your capital every time you trade cryptocurrencies passionately.And later you will blame this trading. You must have a lot of knowledge and different ideas to trade.But you can be successful by trading.
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trading using emotions in my opinion will only make you affected by the conditions of the exchange because usually new traders will find it easy to panic when they see a collapsed chart and cannot control their patience to enter the exchange.
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Emotion and crypto market those are two different things. If you connect emotion in the market then shortly you will lost your assets. Trading platform is the accumulation of lots of knowledgeable persons. Here every one will mature. So never trade with emotion. Try to grow your trading knowledge and experience and implement that.
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Newbie traders trade emotionally all the time and again and again they are losing their money. Before trading, you must learn some basic things about trading. Before investing in any coin, you have to do good research about that coin. You have to guess in advance how much the coin can be up and down.
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Newbie traders trade emotionally all the time and again and again they are losing their money. Before trading, you must learn some basic things about trading. Before investing in any coin, you have to do good research about that coin. You have to guess in advance how much the coin can be up and down.
Many beginners in trading do not want to understand one main rule, it is necessary to come to the market with good knowledge. And if they are not there, then incorrect investments are obtained and as a result, a loss of profit. Therefore, I would like to recommend that beginners get knowledge before entering the market, and then trading will bring less worries.
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in fact, trading is not suitable for people who act on impulse, who let themselves be carried away by emotions can lead to big losses, we have to be cold and calculating to operate at best in trading but we don't always succeed
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in fact, trading is not suitable for people who act on impulse, who let themselves be carried away by emotions can lead to big losses, we have to be cold and calculating to operate at best in trading but we don't always succeed
yes, it must be instilled that in trading it is certain that it will not always succeed very satisfactorily and it is not uncommon to experience losses as well. it is natural that things will happen like that and it should have been from the start before trading was established that profits and losses would be of equal magnitude could occur.
if you already know that, then you can be sure that we will be introspective and not careless in every step that will be taken, stay patient and continue to analyze correctly first. not all actions have to be done with emotion because it will not solve the problem that occurs. it is not even possible to add irregularities that bring even greater losses.
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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.
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Trading is an important section in the cryptocurrency world, if you do not work as planned in this section, you will definitely face losses. Moreover, trading is not a place for emotions. If you make an investment based on emotions here, you must face losses.
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Trading has to do with money, and playing with money we have to be extra careful. One step or wrong decision then we will definitely lose. Leave Emotions, must be able to control themselves. Patience and not greed, is one of the success factors for someone in trading Cryptocurrency.
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It takes a lot of experience not to panic and be able to hold back emotions when trading, that's why technical analysis is needed for every trade made, but new investors in crypto always panic when they see FUD, there is a lot to pay attention to and I think if the coin has strong Fundamentals , then there is nothing to worry about, wait and take a buy position when the price drops and take a profit of at least x2 when the coin is pumped.
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In my opinion trading does require patience and cool-headed conditions because if you don't, it will only make you take the wrong position and of course you have the potential to be trapped in high prices, maybe you can try it by monitoring the conditions of the exchange first to understand the conditions exchange place.
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I completely agree, as this will lead to the inevitable drain of the deposit over a long distance. I do not argue that it is difficult to get rid of this feeling, but if you understand your ultimate goal, then it will be easier for you.
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Great Point, Emotions control is very difficult in crypto trading. And it is very important for trading. Many traders losing their fund for Emotion. I think if any trader capable to control his Emotion he/she will gainer today or tomorrow. So never trade on Emotions. I support with this word.
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Great Point, Emotions control is very difficult in crypto trading. And it is very important for trading. Many traders losing their fund for Emotion. I think if any trader capable to control his Emotion he/she will gainer today or tomorrow. So never trade on Emotions. I support with this word.
Emotions of many traders in the cryptocurrency market are caused by worries about losing their profits. And when a person is possessed by emotions, he can no longer trade competently and in the end loses his profit. Therefore, you need to be very attentive to your emotional state when trading and never try to trade without having confidence in the decisions made.
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In my opinion trading has become a natural thing if they use emotions for a moment, just don't get affected by the conditions of the exchange completely because you can experience losses when you buy the wrong coin in the wrong position.
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I completely agree, it is a very important thing to not trade on emotions. The best way to avoid emotions affecting you is to make a plan and stick to it. Evaluate the best and the worst case scenarios and know your risk tolerance. Set rules for yourself, such as "I will buy X when the price reaches Y", "I will sell a certain percentage once the price reaches a certain amount".
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Every serious deal must be done without emotions, especially if it is about money, assets and investments. If you work with crypto you need to make technical analyze, read news and use your usual strategy. In another case you can loose your money, especially if you will make choice under the influence of emotions.
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Every serious deal must be done without emotions, especially if it is about money, assets and investments. If you work with crypto you need to make technical analyze, read news and use your usual strategy. In another case you can loose your money, especially if you will make choice under the influence of emotions.
Emotions will certainly make what we are going to do get out of control, so it is not uncommon to actually do more harm than good. because every emotion can certainly be connected with behavior that is always uncontrollable in taking every attitude / action to be taken.
especially as you say that in crypto, of course, there is a lot to be done before taking steps and actions. analyze and prepare well what the best action steps will be. If it is accompanied by an emotional attitude, it is certain that you will not be able to control yourself, let alone analyze as well as possible.
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IMO, I believe that being an emotional trader is not bad at all, but you should control it and set aside your feelings when it tries to influence your decision, and you should not follow your emotion but instead implement your strategy to counter it. or maybe your instinct can be useful too if we applied it in our trading sessions but not all the time.
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YES never trade in emotion trade in happy moods
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You are absolutely Right.Because emotional trading will turn your trading to gambling.
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I just made the mistake of buying SQUID tokens and found they couldn't be sold on pancakeswap.
Emotions affect all our thoughts, want to make quick profits without looking at all the important things, experience will change everything and I think if we trade with good analysis then we will avoid panic, buying and selling will always be a consideration in order to make a profit when we do it emotionless when trading.
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Only fools trade on emotions and loose their hard earn money. Because before making an investment everyone should research well about that project. Before investing, you must know about the roadmap, team members, whitepaper, potentiality of the project. Then if your mind responds then you can invest.
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You have used Golden words. I also think that if a person is trading and he has no control over his emotions then he will not able to get any type of profit. Because in the market you do not see that the market is going up and down wait for the right time and you will get a very good Profit. Emotion is similar to Patience so do not lose your Patience. Because patience is the main thing.
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Emotions will only destroy us, this is a very valuable message for a Cryptocurrency trader. Emotions, Greed are two factors that can make us suffer losses. Patience and calm, in the face of every market change is one of the keys to success in Crypto trading.
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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.
Emotion is something natural, you can't hide or deny it function, it something that occurs when the body is undergoing a stress but you know human, its something different and we tend to react differently.
Emotions is good but too much of it is bad and making decisions with emotions without logical reasoning will kill your trade, this is why both technical and fundamental analysis is very necessary. They help you overcome this emotional order and built interest in your trades.
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Trading with emotion is the major reason why traders lost money in crypto or forex trading. It has happened to me several time and I have really learnt in a hard way. As a trade, we should learn how to trade without emotion to have great success in trading.
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Emotion and earning both are different from each other. If you want to earn in the crypto platform then you should give up emotional attitude. Particular those who are new trader then can not control their emotion for this reason they fail in the crypto space. So try to avoid it as early as possible.
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Yes you right we shouldn’t trade on emotions. because trading is relax business. if you a trader you must have patience and you have to maintain market condition .
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correctly, emotions will only make us feel rushed and unable to think clearly. that's why before trading it takes a strong mentality in it so that we are not easily influenced and depressed when the market is up and down. trading that we do by following the emotional will only harm us. we must trade with caution and a mature mind so that we can determine the right time to sell or buy coins in the market. it will affect the profit that we will get.
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True... Been awhile on Hotbit, Bitforex, and Bithumb exchanges.
Been a rollercoster ride on emotions...
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In my opinion trading should use patience because when you are watching the exchange it can make you influenced and try to make mistakes like entering when the price is too high, of course it's just an emotion that can make you lose and get stuck at high prices, therefore when trading must be careful and be able to control emotions.
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Its really a good think that never trade on emotion because of emotion everyone buy when market is go up and sell when market is go down so it is dangerous for trader. This type of trading looser all the time so people are discouraging to trade in the crypto market.
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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.
Well, due to emotions, it is one of the causes that have to move the market, not only the whales move it, it is also moved by the emotions of the people, that is why some news is so relevant to people, they allow in Sometimes make a decision based on that news, whenever a negotiation is made, it must be done without taking into account the emotions, this to give a clear outline what can happen in the market, but if you have to take into account that many people They get carried away by emotions and this is necessary to make decisions based on it so as not to lose.
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A lot of people have landed themselves in regrets just because it was when they hear the bubbling of cryptocurrency that they joined, the invest and confidently encourage people to Join through them, some even create a group with it almost as a ponzi scheme. But at the end of the day while they keep expecting more rise. It ends and keep them in disarray
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Trade on Emotion!! this is very dangerous for investors or traders. A trader must have to be cool minded so that he can take right decision any time. I think for market condition, sometimes we can not control our emotion but that should not be so that we can enjoy our investing time.
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Cryptocurrency trading is not a place to be treated with emotion. Here you must face the loss if you want to trade based on emotions. So do not go on a date based on emotions.
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To be a successful crypto trader you need to keep your emotions aside and make your investment plan and no matter what follow your strategy. Most of the time we took bad decisions when emotion comes forward. I lose much good chance of making money because of emotions and try not to do that same mistake again.
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True... Been awhile on Hotbit, Bitforex, and Bithumb exchanges.
Been a rollercoster ride on emotions...
It's even easier to ride the wave of bull run, no stress, no much worries of trade making u turn because as long as btc get pump, certainly others will surely get there own share of national cake( increased in market cap and volume).
My experience with bitforex is bad, many wash trading activities going on that exchange, be careful please.
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I agree with your statement because I have repeatedly succumbed to the influence of news and panic and lost money on it, now I trade with a cold head, usually in the morning
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I agree with your statement because I have repeatedly succumbed to the influence of news and panic and lost money on it, now I trade with a cold head, usually in the morning
In fact, what you have experienced is a very important lesson, because being directly involved in any work will allow us to manage and learn from the mistakes we made and will not repeat them again.
you have experience with it and you can determine the best time for each what you will do, it will likely be different from the others.
all will have their own characteristics in addressing it.
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Those who do not have such an idea in the crypto world can do so. But cryptocurrency will pump. And you can't get too emotional looking at pumps and dumps. So new traders need to know these things first.
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Those who do not have such an idea in the crypto world can do so. But cryptocurrency will pump. And you can't get too emotional looking at pumps and dumps. So new traders need to know these things first.
Cryptocurrencies have a dual property - volatility. It brings good luck and profit to some, while others are left with nothing. I try never to give in to a bad mood, even when I have a bad streak. This is the only way to trade well and not lose profit.
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Appreciate with your words.... :)
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Agree with what you are saying. A trader should have emotions when he is trading. There should be a proper plan and strategy to execute the whole process. Whatever happens, follow the rules and keep booking profits if you don't have confidence about the massive growth in the price of that project.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Agree with what you are saying. A trader should have emotions when he is trading. There should be a proper plan and strategy to execute the whole process. Whatever happens, follow the rules and keep booking profits if you don't have confidence about the massive growth in the price of that project.
Yeah, exactly proper plan and strategy works a lot when you are in trading.
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The risk is higher for trading emotions in addition to trading strategies and planning, you need to control your emotions. Success in trading is not possible without the control of an emotional person who can never take a risk trading I left the market damaged even if there is a possibility of losing money it is necessary to proceed according to the right plan, only then it is possible to recover everything in the right way.
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The risk is higher for trading emotions in addition to trading strategies and planning, you need to control your emotions. Success in trading is not possible without the control of an emotional person who can never take a risk trading I left the market damaged even if there is a possibility of losing money it is necessary to proceed according to the right plan, only then it is possible to recover everything in the right way.
You need to start working with cryptocurrencies by planning your actions. I am sure that only such an approach will help to correctly prioritize the market and have great success. And I agree that excitement can lead you astray from a well-thought-out path and lead to a deviation from the plan. And this, of course, is a direct loss of profit. I think that if you approach trading soberly and don't worry about trifles, success will come very soon.
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Now a days crypto currency is one of the best investment and profitable sector in the world. But emotion is the bad thing for trader because most of the trader who are not control their emotion they will loose their fund while trading. They do like that when market goes up they go for buy and when market go down they goes for selling. I think its totally emotion nothing else but most of the unsuccessful trader do that so they always fall in loss.
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Crypto currency is very profitable investment place in the world but you need good knowledge on trading.Emotions is very bad in any sector.Emotions is enemy of any sector.When you will invest by emotions then you will fall down.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Emotions always play a rule on the narket. Most of the trader got fail intially when he/she never cobtrol their emotion. I think many of the tradee who started to enter on the narket when market got already a goo pump and after that he faced a drop and started to get panicked and sell his valuable fund. A professional trader never fall into the emotion so that he can exit most of the trade with getting huge profit. So that we have to become patient and control our emotion and learn all the strategies where we can enter and exit from the market immediately. It help us to get a good result always and we can be a good trader as well.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Emotions always play a rule on the narket. Most of the trader got fail intially when he/she never cobtrol their emotion. I think many of the tradee who started to enter on the narket when market got already a goo pump and after that he faced a drop and started to get panicked and sell his valuable fund. A professional trader never fall into the emotion so that he can exit most of the trade with getting huge profit. So that we have to become patient and control our emotion and learn all the strategies where we can enter and exit from the market immediately. It help us to get a good result always and we can be a good trader as well.
Trading is the art of having success and at the same time remaining very calm. This is the only way to get a good result and profit. Many people, after receiving a good profit, begin to be self-confident and this greatly prevents them from trading with a cold head in order not to lose their profit.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Of course, we must always keep calm and never trade on emotions.
We will loss, If emotions. We should have good analysis and learn chart well..
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Of course, we must always keep calm and never trade on emotions.
We will loss, If emotions. We should have good analysis and learn chart well..
Yeah, emotions will make you loss because we can't control and not focus while trading.
Agree with you keep calm and always learn the market progress if you don't want to loss
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
Of course, we must always keep calm and never trade on emotions.
We will loss, If emotions. We should have good analysis and learn chart well..
Yeah, emotions will make you loss because we can't control and not focus while trading.
Agree with you keep calm and always learn the market progress if you don't want to loss
Studying the progress of the market is an important decision for a trader. It is very important to understand that emotions only interfere with a person's successful progress along the cryptocurrency path, you should always restrain your negative feelings so as not to lose your temper and do stupid things.
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Studying the progress of the market is an important decision for a trader. It is very important to understand that emotions only interfere with a person's successful progress along the cryptocurrency path, you should always restrain your negative feelings so as not to lose your temper and do stupid things.
Well, we should always learn the progress of the market every time as trader.
Negative feeling, yeah , We should have positive think but should manage the emotions as many people before.
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I have done trade on emotions and lost.
I think We should have good management to control emotions and greedy.
We should have target and keep target, don't be greedy.
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I have done trade on emotions and lost.
I think We should have good management to control emotions and greedy.
We should have target and keep target, don't be greedy.
Trading is need good mood, good prediction and good analysis.
If you didn't trade with emotion and greedy ,you will lose.
I also the people that didn't have knowledge to manage emotion, It's teh reason, I prefer do investment for medium and long term.
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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.
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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.
Yeah, trade wit emotion, you will lose.
I think we should have good experience to manage the emotions.
You will lose a lot, So be careful and always focus.
I think It's the key as trader
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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.
That's true, we should not do trading with emotion.
I personally always control my emotion, because at the last years, have lost alot cause of greedy.
So be careful and always have realistic target
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Everyone has a different level of emotion, I place sell orders for long term investments in crypto exchanges, some coins will worry me when the market is bearish, it is important to have an analysis to avoid big losses and keep reading the charts without needing to be emotional when trading.
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i can agree with you. trading on emotions causes more troubles. when i used to be a beginner in trading i made some deals on a emotions sometimes it was profitable)) but it is not profesional. so that is why i decided to try with some platforms, because of lack of knowledge. i have found coin loan It made trading a pleasant experience for me. One can endlessly debate on cryptocurrency but its fast growth and high volatility (compared to fiat currencies) opened massive opportunities for earning money.
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Only one emotion can change the game it is anxiety :o
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Everyone has a different level of emotion, I place sell orders for long term investments in crypto exchanges, some coins will worry me when the market is bearish, it is important to have an analysis to avoid big losses and keep reading the charts without needing to be emotional when trading.
If we are experienced in trading, we should not worry too much when the Crypto market is bearish, because we already understand that this Crypto has very high fluctuations.
And if we are experienced in trading, of course we are also more able to control emotions than those who are still beginners and have not much experience.
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Absolutely yes! We have to be careful when trading and use experience more than emotions so that we can avoid losses by selling in FOMO. A lot of people are losing money because of emotions when trading, we have to be extra-careful about this so we can save our money.
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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.
Emotion is one of the major obstacle or barrier that has to be overcome, it has dealt a great blow to many newbies traders of cryptocurrencies, unfortunately a lot of them don't bother to control their emotions infact they don't bother to learn how to take care of emotion in trading thus always making a repeated mistakes while trading which culminated to many of them losing their portfolio or account.
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It is absolutely true for newbies because trade on emotion is very harmful because if any one trade with emotion they will fall in loss. When we go for trade then we need to buy at low price and selling at higher price. But when emotion works then sometimes we may observe that when price go up then emotionally we go for buying and when price go down then we go for selling. It occur by emotion.
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Absolutely agree! No decisions should be ever made under emotions when speaking about trading. I also had some cases that made me no good, and I lost money. For now, my rule number one is to trade with a cold head and do the research beforehand. I could already tell you it saved me a decent amount of money. Always check the project!
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Are there still people who still trade on emotions? There's no crime falling for the nob style, but staying a nob is a disaster at first sight. Maybe because I use BITAY anyway. An eye opener exchange, learn and trade, Bitay actually have an academy for it's users. I'm really anticipating the watch and learn features where users would be able to enjoy crypto in depth. Learning is the easiest way to earn in crypto tbh.
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It is absolutely true for newbies because trade on emotion is very harmful because if any one trade with emotion they will fall in loss. When we go for trade then we need to buy at low price and selling at higher price. But when emotion works then sometimes we may observe that when price go up then emotionally we go for buying and when price go down then we go for selling. It occur by emotion.
You're right, don't do anything in a situation where you're in a high emotional state because it's clear that his way of thinking leads to mistake after mistake. especially clear is that when trading sometimes we feel that this will continue to increase with full confidence and feel right but not knowing the situation immediately changes and does not achieve what we want, because the emotions of wanting to achieve the greatest value and not receiving the profit that should have been quite acceptable.
Actually, everyone will experience this, not only beginners, even those who have experience, this can happen but usually people who can control themselves because they have experienced this and don't want it to happen again, once again experience is the best key.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
That's right, we should not trade on emotions, we will loss.
We must manage our emotions and has good experience when doing trading.
It's not easy, greed and fear will be big problem
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Every individual has getting benefits from the cryptocurrency trading and as you are aware that in trading there will be present some danger and threat which can be the cause of loss in trading. So if you follow your emotions and does not think with mind that what is right and what is wrong then you will be definitely unable to get money so think with an open mind and make a good decision.
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Not everyone know how to handle the trading impulses, you need a wide range of experiences and learning, honestly I was also a victim of emotional trading and all. But now Bitay academy has built my confidence and I have overcome emotional trading and fears. Bitay exchange is worth emulation by other exchanges. Bitay coin is launching soon and a lot of things coming to Bitay exchange. The Bitay visa card, Bitay game and NFT are something to put eyes on for 2022.
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Not everyone know how to handle the trading impulses, you need a wide range of experiences and learning, honestly I was also a victim of emotional trading and all. But now Bitay academy has built my confidence and I have overcome emotional trading and fears. Bitay exchange is worth emulation by other exchanges. Bitay coin is launching soon and a lot of things coming to Bitay exchange. The Bitay visa card, Bitay game and NFT are something to put eyes on for 2022.
That's true, we should have experience and always learn about trading and investment.
Don't follow your emotions.
We should manage our feeling and emotional.
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Trading on emotions is the worst thing for a trader actually. Of course, it's almost impossible to get rid of emotions while we're trading, because you're worried about your accumulations and deposit, however this feeling can be suppressed by the realization of the fact that you have to leave this money. If you understand that you unrlined particular sum of money for trading, then perhaps it will be much easier for you forget about any worryings. Anyway, we're human beings and it's susceptible to us being bothered about everything. I guess due to trainings and strong wills you will be able to leave these emotions.
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Yes i am agree with you great advise.. when i was new i buy some coins and suddenly market will crash and make me sad then i got panic and sell in loss, when market will go in pump my favorite coin goes too high and make me feel sorry for my decision...
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Yes you are right I did the same as you mentioned but now I think I'm mature enough to handle loss stress but i still need patience.
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Right, just be patient holding your coins if the price will go down and buy some more cheap coins and hold because for sure the price will recover soon. Patience is the key my friends.
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Trading is only suitable for those who are emotionally tough and strong whenever they lose value in the coins and tokens that they have in their portfolio. During my early days of cryptocurrency trading, I wasn’t ready emotionally.
I was too attached with the FOMO, so that’s why I’ve lost a lot. I’ve changed my perspective and mindset and from there I am not affected that much anymore when the market goes down. And also, when it peaks as long it is a profit, I would happily take it rather than being greedy.
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It is correct to never trade with emotion otherwise we will always get wiped out. For example, don't become greedy at the sight of a green market, and don't take on too much risk when the market pumps because by doing so we will suffer loss
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
I agree with this , We should have knowledge and experience to do trading and can manage emotions.
Greed is always be the big problem for trader.
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You should always adhere to your own rules and not go along with the market, when you are lured to sell or buy a particular cryptocurrency, you should always be on guard. There is no need to panic, you should always have a backup plan for this case.
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Newbies and adolescent traders are generally naive and emotional, not puting in mind the volatility or the market space. One need to recommend Exchange like Bitay to them where they actually learn and sharpen up their knowledge about the general crypto behavior and the market generally. With Bitay academy, I believe they are gonna learn all they need to know about the crypto trading and all about cryptocurrency as a whole. Bitay got Bitay coin launching soon, also NFT, Bitay visa card and games that are inclusive with learning more and earning much more. You got the dig guys?
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Basically those who are new in the crypto currency they will face the problem that can not control his or her emotion. When any assets price increase they invest and when the price dumped they hold. I think it is the common problem for most of the novice trader. So if you want to be success you should be careful, don't allow it into your trade.
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This topic highlights how the beginners work in crypto trading. I was my self a fool like you mentioned and loss many time when the market go down and I panicked. But now I learned the lesson and will not repeat the same mistake.
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This topic highlights how the beginners work in crypto trading. I was my self a fool like you mentioned and loss many time when the market go down and I panicked. But now I learned the lesson and will not repeat the same mistake.
Experience is the best teacher mate, We always learn from our mistakes.
Don't worry, we can be professional trader, if you focus and could to manage emotions
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This topic highlights how the beginners work in crypto trading. I was my self a fool like you mentioned and loss many time when the market go down and I panicked. But now I learned the lesson and will not repeat the same mistake.
Experience is the best teacher mate, We always learn from our mistakes.
Don't worry, we can be professional trader, if you focus and could to manage emotions
Yeah, we must always learn about crypto especially trading if we want to be professional trader.
Trader needs experience and we should have knowledge to read the signal and market progress.
Never trade on emotions.
That's true, we must manage our emotions.
Never be greedy when trading.
Many people lost alot because this.
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some people who trade with emotion usually they are new people.
They are tempted by large cryptocurrency profits, usually shown by their close friends who can buy luxury goods from cryptocurrencies, but when they first jump in they trade with the ambition to get rich without any basic analytical knowledge. That's what makes everyone lose here, just seeing someone showing off their wealth from cryptocurrency doesn't mean you can become him in a day.
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Trading with emotions will only cause losses, there will be no profit to be gained. Crypto trading requires calm, patience, and thoroughness in choosing the Crypto coins that we will buy and trade. If we trade with Emotions, then we will do things rashly and hastily.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
For you able to know dude, all individual traders are doing trade with emotion, you cannot trade without using our emotion.
Only just we need to use it in a right way not in bad situation. Because, once you use it in a wrong way the result will not be good in the end where your assets be turn into loss.
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Trading with emotions will only cause losses, there will be no profit to be gained. Crypto trading requires calm, patience, and thoroughness in choosing the Crypto coins that we will buy and trade. If we trade with Emotions, then we will do things rashly and hastily.
I agree with the opinion about trading is managing emotions and funds. I think Its true.
do trading in emotion you will loss because not control and focus your target that you set.
I have done trading since 2014, But sometimes loss because emotion, such as greedy.
It's the big matter for trader. Be careful mate.
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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.
Agree with this, doubt, greed, panic I think we should manage those.
But not easy. It will take several years to get experience to manage those.
I always remember my friends advice, don't be greedy you will lose a lot, If you reach your target that you set. Sell it.
I think It's good thing to follow.
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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.
Agree with this, doubt, greed, panic I think we should manage those.
But not easy. It will take several years to get experience to manage those.
I always remember my friends advice, don't be greedy you will lose a lot, If you reach your target that you set. Sell it.
I think It's good thing to follow.
Yeah, It's good advice from your friends.
I think we should have experience to manage emotions such as panic, greed, doubt because It's really difficult when see the market pump or dump.
Several times I have lost because those emotions.
and several times because doubt, I didn't buy more coins that have potential and pump 100x. It's really annoying.
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for newbie i want to give advice U should put ur money into cryptocurrencies that has good fundamentals, good tokenomics, use cases and scalability properties.... if u keep on hopping just to see green in this volatile market u are going to lose on the long run .... educate urself about its technology and its team.
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It is highly not recommended not to trade if we are in a position that is currently in an emotional state, for example having problems with family, friends, the environment or work.
It's better to trade, waiting for emotions to be absent from the problems we have because if we trade with emotions, the results are also emotional and our assets can continue to decline from trading cryptocurrencies.
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If we work with emotions then the results of our work will also not be successful or successful.
Trading with those emotions will definitely not result in a profit and in fact it will definitely result in a loss.
Working, trading, being active, all of which will certainly not produce positive values or good things, so if we trade cryptocurrencies, we must not use our emotions and must be able to control emotions.
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Trade in crypto we must have experience to manage your emotions.
We will lost almost if we cannot control this.
Several people was failed because greedy, panic etc.
So It will take several long years to have good emotions.
Keep calm and focus, It's better than emotions.
Look at see the professional trader is always calm.
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Trade in crypto we must have experience to manage your emotions.
We will lost almost if we cannot control this.
Several people was failed because greedy, panic etc.
So It will take several long years to have good emotions.
Keep calm and focus, It's better than emotions.
Look at see the professional trader is always calm.
Practicing all of that is not easy, we can't do it alone. We have to have friends to tell stories so we can really control our emotions. Because indeed if we are impatient and take the wrong steps in this Crypto trading, then it will really be a bad thing for our finances.
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This thread make me remember for my history trade. lol
Emotions are also needed but must have limits so that they don't go too fast.
I also believe that trading with Emotions will definitely end in failure and that is very regrettable.
I hope that all members on the altcoinstalks forum never trade with excessive emotions so as not to fail in their search for profit in the cryptocurrency space.
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Trading with emotions is the same as trading with options that are not good and are not recommended.
We must have the courage to be patient, relax and don't be in a hurry because trading with emotions is the same as suicide.
I also trade with emotions but these emotions are limited so that they are not too released and I use these emotions to take "Take Profit" .
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already getting the problem with other investment vehicles especially forex and options) is that this has become so accessible now for anybody and so we have so many newbies entering the market every day and majority of them can be like us also when we started - starry-eyed yet ignorant of so many things even the basic ones. We are ruled by emotions and can easily be swayed by things happening in the market...we should always set our eyes long-term though admittedly this is not going to be that easy.
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This thread make me remember for my history trade. lol
Emotions are also needed but must have limits so that they don't go too fast.
I also believe that trading with Emotions will definitely end in failure and that is very regrettable.
I hope that all members on the altcoinstalks forum never trade with excessive emotions so as not to fail in their search for profit in the cryptocurrency space.
I think not easy to control emotions, I have several times to try how to control emotions, such as greed and panic.
It's really difficult.
Agree with you trading with emotion will make us meet failure.
So better keep calm and always focus when do trading.
As we know trading needs long time to have good skill , experience and knowledge. As I said before.
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All traders must have different levels of emotion, some have a little, half and even a lot of emotion when trading cryptocurrencies and I believe that if you trade with emotions, the results will end badly.
All traders don't want to have bad funds or profits so it would be nice if we trade, we shouldn't use emotions or if we use emotions, the results will be lost.
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Trading with emotions is the same as trading with options that are not good and are not recommended.
We must have the courage to be patient, relax and don't be in a hurry because trading with emotions is the same as suicide.
I also trade with emotions but these emotions are limited so that they are not too released and I use these emotions to take "Take Profit" .
you are right, it is the same as committing suicide if you are trading without being able to contain your emotions, because you can and definitely, in an emotional situation, there is only one action whose possible output is an error in acting quickly and precisely.
it is not easy to overcome this because experience also determines whether an action will be meSPAM BANble or not.
For this reason, it is necessary to continue to hone themselves so that they are able to take actions that can be measured properly.
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Thanks.
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All traders must have different levels of emotion, some have a little, half and even a lot of emotion when trading cryptocurrencies and I believe that if you trade with emotions, the results will end badly.
All traders don't want to have bad funds or profits so it would be nice if we trade, we shouldn't use emotions or if we use emotions, the results will be lost.
I am agree with you sir' but now a day in crypto there some new comers are enter and they are too much greedy they don't have there control on emotions , when they see coin is going in dip then they lost there patience and sell there coins in lost .trading with patients is the key of success.
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All traders must have different levels of emotion, some have a little, half and even a lot of emotion when trading cryptocurrencies and I believe that if you trade with emotions, the results will end badly.
All traders don't want to have bad funds or profits so it would be nice if we trade, we shouldn't use emotions or if we use emotions, the results will be lost.
I am agree with you sir' but now a day in crypto there some new comers are enter and they are too much greedy they don't have there control on emotions , when they see coin is going in dip then they lost there patience and sell there coins in lost .trading with patients is the key of success.
This is a massive issue to be honest. They are hopping in and out of so many projects and losing money by small paper cut transactions. So many are going in without any knowledge at all
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All traders must have different levels of emotion, some have a little, half and even a lot of emotion when trading cryptocurrencies and I believe that if you trade with emotions, the results will end badly.
All traders don't want to have bad funds or profits so it would be nice if we trade, we shouldn't use emotions or if we use emotions, the results will be lost.
I am agree with you sir' but now a day in crypto there some new comers are enter and they are too much greedy they don't have there control on emotions , when they see coin is going in dip then they lost there patience and sell there coins in lost .trading with patients is the key of success.
Trading is always managing your emotions, It needs along time.tonbe professional trader.
Greed and panic are always will be big problems for new comers.
That's normal. because they are lack of experience in crypto trading.
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Greed to make money is a result of lack of knowledge and experience. If you talk to experienced traders you will never hear them talk about money all the time. They will discuss market updates and strategies. But new traders don’t want anything other than profits and they don’t get anything in the end.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
All of what you had mentioned are true and this was the thing happened in reality here to all traders in the cryptocurrency where the majority of them never learned from and always repeated happened. Aside from that, I think in my own opinion, emotions will always be a part to all traders, the only problems is that in terms of implementation a lot of them they applied emotions in a wrong way in terms of doing trading here in the crypto space.
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So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio.
In this case your profits will be small too :) If you are late for the very beginning of the pump, just ignore it
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Most people who trade with emotions are beginners, they want to make faster profits and they also have a higher fear of losing. Lack of patience and unprofessional!
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I wonder why some of the community always tellings us here " Never trade on emotion" in terms of what? Just wann know the specific things on this matter? Are they telling us when you get panic or having fear of losing their coins? If yes, how about when they're getting profit in trading crypto, isn't is this not a part of emotion if you earnings good in it? Just a thought☺️
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Most people who trade with emotions are beginners, they want to make faster profits and they also have a higher fear of losing. Lack of patience and unprofessional!
what you say may not reflect what actually happened, because if you have lost with the mistakes you have made, it is certain that you will experience emotions, but the levels of emotions that occur are different from one another. Emotions obviously can't hold back the patience that will actually complicate the act of trading, but that's not to say he's unprofessional.
experience will finally answer every action that will be taken, the longer it will be able to deal with emotions more wisely.
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When you want to trade, you really have to think clearly and of course you have to have a cool head because when you trade with an unsettled soul and emotions, you will only get losses and of course it can make you regret it because it is affected by the conditions of the exchange that is not good and can change instantly when there is bad news.
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When you want to trade, you really have to think clearly and of course you have to have a cool head because when you trade with an unsettled soul and emotions, you will only get losses and of course it can make you regret it because it is affected by the conditions of the exchange that is not good and can change instantly when there is bad news.
You're right, we shouldn't do trade in emotions.
Because trade need more focus, as you said we must think clearly and have knowledge in trading.
It's not easy.
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I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.
I think it's wrong what you say to not trade without using the emotions of individual traders. Because emotion is one of the reasons why we can make the right or wrong move here. Maybe it's better to say that we use our emotions correctly when conducting trading here in cryptocurrency. So I agree that even if the price of the coins you hold falls, that's all there is and you still haven't lost, but the price just went down as long as you don't sell it below the price you bought it and wait again it increased.
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When you want to trade, you really have to think clearly and of course you have to have a cool head because when you trade with an unsettled soul and emotions, you will only get losses and of course it can make you regret it because it is affected by the conditions of the exchange that is not good and can change instantly when there is bad news.
You're right, we shouldn't do trade in emotions.
Because trade need more focus, as you said we must think clearly and have knowledge in trading.
It's not easy.
Tentatively one has to be almost 100% conscious of what they are doing, this is because you're trading against the market forces, forces with powers far beyond your little emotions. I was saying a similar thing to someone in a different thread earlier today.
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Don't trade on emotions! Stick to your game plan and you'll be a winner.
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Whenever you have to invest, invest a small portion of your portfolio.
Its a very useful technique called DCA ( Dollar cost averaging ) In which you start with small amount of investment and after some lose take another small trade for averaging and so on and at end you are seeing that your buying price is lower then the market means you are in profit .
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Don't trade on emotions! Stick to your game plan and you'll be a winner.
As a new trader like you I think it will be difficult to trade without emotion, because sometimes when you take the wrong position and a loss occurs you will definitely be angry and feel depressed, only traders who have an unlimited amount of money will trade calmly.
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At first it will be difficult for beginners to trade without irony, the market itself will force you to trade emotionally.