Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Master107 on June 30, 2018, 12:28:50 PM
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The pump and dump of crypto price is what the struggle most of everyone.
However it can be manage but not to guarantee the end earnings. How then?
1: learning's from experienced.
2: patient is yours to hold back or move forward.
3: don't be temp by your emotion rather by what the market flow.
4: plan - failing to plan is planning to fail.
5: don't be lazy - don't be so much greedy. Little will become great.
Manage your emotion can lead to managing well your crypto motion.
Hope for your success
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Good advice for crypto traders. Without controlling emotion and good educational knowledge of crypto trading, it will never bring any success in trade. :)
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Yes that is very true. how to properly manage assets. it takes patience and calm in trading in crypto.
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Right advice. I made a lot of mistakes in the beginning because I was emotional. It's much better now.
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Yes it is the best thing before starting trading or doing business in crypto. need an understanding of crypto before trading in the crypto market.
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When I'm given the right advice, I still make mistakes and only then I remember it. But still thanks for the good advice.
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The pump and dump of crypto price is what the struggle most of everyone.
However it can be manage but not to guarantee the end earnings. How then?
1: learning's from experienced.
2: patient is yours to hold back or move forward.
3: don't be temp by your emotion rather by what the market flow.
4: plan - failing to plan is planning to fail.
5: don't be lazy - don't be so much greedy. Little will become great.
Manage your emotion can lead to managing well your crypto motion.
Hope for your success
Your right, no question for that patience is alway be reason for success .So many thing to be considered like being observant, control emotion and be idaelistic enough of what you are going through here in crypto.
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yes that's right. and the last is don't be so greedy coz it will push you down
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The pump and dump of crypto price is what the struggle most of everyone.
However it can be manage but not to guarantee the end earnings. How then?
1: learning's from experienced.
2: patient is yours to hold back or move forward.
3: don't be temp by your emotion rather by what the market flow.
4: plan - failing to plan is planning to fail.
5: don't be lazy - don't be so much greedy. Little will become great.
Manage your emotion can lead to managing well your crypto motion.
Hope for your success
Very well stated. These are the things to do well in crypto. Experience is the best teacher. So, in crypto, we become well versed through time. We become sharp logically and not letting our emotions prevail which will end up loses. Likewise, balance is the key. All of us wanted to earn, but being greedy will sometimes lead to loses.
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Right advice. I made a lot of mistakes in the beginning because I was emotional. It's much better now.
Yes, to manage well we must control our emotion inorder to anticipate such mistakes. Because there is nothing always perfect in the first time of doing.
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So many thing to be considered like being observant, control emotion and be idaelistic enough of what you are going through here in crypto. We become sharp logically and not letting our emotions prevail which will end up loses.
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Good advice for crypto traders. Without controlling emotion and good educational knowledge of crypto trading, it will never bring any success in trade. :)
The only way for emotions to remain intact when trading and not all over the place is to have a trading plan always. As what OP said, failing to plan is planning to fail. If you don't know when you buy or sell then there is a higher tendency to be at a loss than to be in profit. If ever you were able to profit in a certain trade without a plan then it is just being lucky and if you continue that way then all your profits will just be gone in just a single loss if you don't cut it.
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Good advice for crypto traders. Without controlling emotion and good educational knowledge of crypto trading, it will never bring any success in trade. :)
The only way for emotions to remain intact when trading and not all over the place is to have a trading plan always. As what OP said, failing to plan is planning to fail. If you don't know when you buy or sell then there is a higher tendency to be at a loss than to be in profit. If ever you were able to profit in a certain trade without a plan then it is just being lucky and if you continue that way then all your profits will just be gone in just a single loss if you don't cut it.
Good advise, I also do this anytime I get hold of any tokens. I set a price for myself and as the price hit that range, then I will be compelled to sell. If the price does not reach my target, I will never sell the token, and it has helped me hold most of my tokens. However do not be too greedy.
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Good advice for crypto traders. Without controlling emotion and good educational knowledge of crypto trading, it will never bring any success in trade. :)
Trading that base on emotion is dangerous because emotion does not have mind to think but feelings to push or back off with our mindset first.
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When I'm given the right advice, I still make mistakes and only then I remember it. But still thanks for the good advice.
Hahaha....
Anyway your welcome.
Actually we can't do perfectly our trading life but it is good to have some advice or learnings to follow.
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So many thing to be considered like being observant, control emotion and be idaelistic enough of what you are going through here in crypto. We become sharp logically and not letting our emotions prevail which will end up loses.
Dealing crypto emotionally is not advisable.
Yah, you are right. There are more things to be considered to form strong enough decision or plan. It should be simple but concrete and not wider but complicated.
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it is true to control the greedy emotions we must be really keen in reading the market situation to anticipate the failure in trading
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The pump and dump of crypto price is what the struggle most of everyone.
However it can be manage but not to guarantee the end earnings. How then?
1: learning's from experienced.
2: patient is yours to hold back or move forward.
3: don't be temp by your emotion rather by what the market flow.
4: plan - failing to plan is planning to fail.
5: don't be lazy - don't be so much greedy. Little will become great.
Manage your emotion can lead to managing well your crypto motion.
Hope for your success
Good advice for me mate, thank. We must have knowledge about crypto and keep calm when the price is going down.
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Managing is a good component in life. In crypto, we need to apply that as well. We have to correctly manage our portfolio by constantly updating our knowledge and critically observing the market trend to make good decisions
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The pump and dump of crypto price is what the struggle most of everyone.
However it can be manage but not to guarantee the end earnings. How then?
1: learning's from experienced.
2: patient is yours to hold back or move forward.
3: don't be temp by your emotion rather by what the market flow.
4: plan - failing to plan is planning to fail.
5: don't be lazy - don't be so much greedy. Little will become great.
Manage your emotion can lead to managing well your crypto motion.
Hope for your success
Thank you very much. I hope your advice will give insights to the needy of ideas on how to manage well the crypto trading even the emotion.
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indeed it's a good suggestion but we also need a reality that can guarantee our lives.
because all of this is related to money. if our money is consumed by the cryptocurrency value that goes down then Stoploss is better when it drops by about 10%.
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These are good tips expecially for less experience people, another good point is to invest max 5-7% of your capital in crypto so that you can afford period of crysis like this without have to withdraw tokens, holding them.
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The pump and dump of crypto price is what the struggle most of everyone.
However it can be manage but not to guarantee the end earnings. How then?
1: learning's from experienced.
2: patient is yours to hold back or move forward.
3: don't be temp by your emotion rather by what the market flow.
4: plan - failing to plan is planning to fail.
5: don't be lazy - don't be so much greedy. Little will become great.
Manage your emotion can lead to managing well your crypto motion.
Hope for your success
Honestly, You have good points listed here. But I am still struggling to side with you that it can be managed.
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Yes, learning from experience is a true teacher, from experience we can determine good steps to achieve success. And don't be too greedy, because too greedy will make us think blindly.
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Many do not understand the value of these words because they do not know how to trade.Here, most are those who want to earn, but do nothing for it.
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It is very difficult to engage in such a business when you are pressured by human emotions. You fight yourself with sobo
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Well Menegement in this case do Crypto Business. It is true, you must regulate your emotions, your greed, your ambitions and prioritize patience and thoroughness in doing business in Crypto. If it fails it is normal here, but after failing to trade it is a lesson for you in the future, and it will be very useful for you. What is clear here you must be full of patience and accuracy in the crypto world.
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Good emotional management is one thing a trader must have. Don't follow what others are doing, like selling during a panic. All you have to do when the price of a coin is down is to keep quiet and hold your coin. Do not rush to remove coins if you will lose.