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Author Topic: To deal crypto: Guts over knowledge or knowledge over guts  (Read 2317 times)

Offline yurez

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #15 on: March 23, 2021, 07:36:21 AM »
The knowledge that a trader acquires by studying charts and trading on the exchange accumulates over time and gives him a better understanding of the market and its laws. With experience, traders learn to distinguish emotion from intuition because their thinking changes.

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #15 on: March 23, 2021, 07:36:21 AM »

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #16 on: March 23, 2021, 11:26:12 AM »


How about you, how you deal crypto? Did you experienced regretful moments because of guts instead of knowledge?



not just once but too many times i experienced regretful moments because i didn't do or act based on my knowledge but i ac based on the guts and the greed and at the end i just get lost a big part of my capital,thats sad but its still a lesson that everyone should learn

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #16 on: March 23, 2021, 11:26:12 AM »

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #17 on: March 23, 2021, 11:37:24 AM »
@iloveyobit sooner or later we all go through it. And personally I think it's partly okay for that to happen to us, so we put our feet back on the ground and stop to think about greed. It's certainly a difficult lesson to learn as our pride suffers too, but it served me a lot and I appreciate it now, even though it gave me trouble a long time ago.
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Offline Master107

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #18 on: March 24, 2021, 06:43:11 AM »


How about you, how you deal crypto? Did you experienced regretful moments because of guts instead of knowledge?



not just once but too many times i experienced regretful moments because i didn't do or act based on my knowledge but i ac based on the guts and the greed and at the end i just get lost a big part of my capital,thats sad but its still a lesson that everyone should learn
We are always in adjustment period once we missed the opportunity. I understand you mate. Actually, we are not bad, we just want to earn. However, sometimes we missed and sometimes we succeed. Crypto life.

And personally I think it's partly okay for that to happen to us, so we put our feet back on the ground and stop to think about greed. It's certainly a difficult lesson to learn as our pride suffers too, but it served me a lot and I appreciate it now, even though it gave me trouble a long time ago.

Then, we learn how the application of let go, contentment, adjustment, and go on.
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Offline Rakin343

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #19 on: March 24, 2021, 11:04:38 PM »
You must have more courage to work in cryptocurrency.  If you do not have the courage to invest in something or do not have the courage to take a risk then you can not benefit from working so hard to get there. To be profitable in this cryptocurrency you must take Risk.  Today, those who get something good from cryptocurrency have taken a lot of big risk.  And you must have more courage to take this risk.
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Offline zilzylian

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #20 on: March 25, 2021, 01:21:37 AM »
Luck cannot be measured or analyzed, therefore knowledge and guts will always be needed.
I don't have much of an advantage when trading but I believe everything I do will benefit from the knowledge I have, years of experience looking at market situations will make it easier for us to make decisions.

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #21 on: March 26, 2021, 10:56:24 AM »
Everything can be done with courage and courage that will be very effective to do in the future in dealing with cryptocurrency which always changes every day.
If we don't have the courage, then we can lose the moment to benefit from each, airdrop, bounty, invest or trade cryptocurrency because in every business, the courage to take action must be done right away.

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #21 on: March 26, 2021, 10:56:24 AM »


IyemRoker

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #22 on: March 28, 2021, 06:00:11 AM »
This guts must be present in cryptocurrency because otherwise everything cannot be done spontaneously.
We can take an example for trading cryptocurrency, there must be guts to buy and sell coins immediately, if not done then all the coins traded will suffer losses and that is the effect of guts.

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #23 on: March 29, 2021, 03:46:30 AM »
Everything can be done with courage and courage that will be very effective to do in the future in dealing with cryptocurrency which always changes every day......

This guts must be present in cryptocurrency.....

I agree.  ;)
Strong guts is courage a to response to what is the need at the current condition. Of course, it must be done with extra careful and TA not to messed the opportunity.
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Offline H2O

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #24 on: March 29, 2021, 04:17:13 AM »
I cryptocurrencies market, knowledge and courage is the best important virtues . If one should enough courage but not enough knowledge but he could not success. But if anyone have enough knowledge but not courage, he could not get success. So two both virtues are need to success any trades.

Offline robert20

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #25 on: March 29, 2021, 01:56:45 PM »
I always try to prioritize knowledge over guts but sometimes things doesn't go as expected. Knowledge is always better than guts especially when dealing with things related to money.
When i was new i also made mistakes and lost much money
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Offline pelana vreo

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #26 on: March 29, 2021, 02:13:33 PM »
Knowledge, guts and experience will always be a consideration to do everything, it will take a little time to make a decision if you have a lot of experience, there will be no despair because every action I take always goes through some quick consideration, I will never regret it, because I think the advantage I have is only when I make a decision. We won't know how much a coin will cost in the next three to five years, so I'll make a decision based on experience.

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #27 on: March 29, 2021, 03:52:53 PM »
Intuition and making a decision based on your inner feelings can work once, well, at most twice. And you should not rely on it, because next time luck will turn away and all the accumulated investments will disappear.

Offline KKH84

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #28 on: March 31, 2021, 05:03:28 AM »

If possible always prioritize knowledge over guts not guts over knowledge.

How about you, how you deal crypto? Did you experienced regretful moments because of guts instead of knowledge?

You can share your ideas ;)
Knowledge and guts both have to be synergized and impossible to separate, I think it's useless if there is a lot of knowledge but don't have the courage.  Success, winning and profit are just a bonus for the effort and hard work based on knowledge and guts.

The defeat in the crypto world is a lesson and in my opinion it is a very expensive knowledge and courage is needed here to forget about defeats and then try again with the provisions that have been obtained.

Offline Anonylz

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Re: To deal crypto: Guts over knowledge or knowledge over guts
« Reply #29 on: March 31, 2021, 11:27:21 AM »
Because of the word success, win, and profit there are a lot of us are in the same place to work hard and grab the opportunity that we think good enough and could give us a bright future. But sometimes instead to deal crypto life/ altcoins base on fundamental knowledge. We deal it by guts or emotional impulsive state of decision which is more risky than deal it with knowledge.

If possible always prioritize knowledge over guts not guts over knowledge.

How about you, how you deal crypto? Did you experienced regretful moments because of guts instead of knowledge?

You can share your ideas ;)
I believe you need both when it comes to crypto trading. You might have the knowledge and even see the right point to enter or exist the market but some times your guts is not telling you to take or make the move. I have been in a position where I feel this is the right position to enter the market and I didn't have the gut to do it while I continue to watch the market price of that asset rise and I didn't have the guts to enter but if I did have the guts at the time, I would have made some more profits so to me you need both.

 

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