Never Trade On Emotions

[BobK71]

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 .

[sampoerna]

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.

[blue2763]

True... Been awhile on Hotbit, Bitforex, and Bithumb exchanges.
Been a rollercoster ride on emotions...

[EthereumDev_]

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.

[raisajahan]

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. 

[LUCKMCFLY]

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.

[royalfestus]

 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

[babu10]

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.

[Hometown]

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.

[Istiak]

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.

[Gurujebs]

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.

[trofim21]

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

[lepbagong]

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.

[Cleanerbd]

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.

[Gvent]

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.