Never Trade On Emotions

[damsix]

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.

[lepbagong]

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.

[Cynthia Felix]

Thanks.

[gulu_khan]

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.

[LuckyMac]

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

[mahadev]

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.

[Foofaraw]

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.

[gunhell16]

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.

[SpenserReed]

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

[Confero]

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!

[Ryu27]

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☺️

[lepbagong]

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.

[IvugeoEvolutionCoin]

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.

[DAMKAR]

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.

[Ryu27]

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.