Post
Topic
Board Altcoin Discussion
Re: Emotions can hinder our success!
by
Gheka
on 24/09/2018, 13:27:12 UTC
We have a seen a huge dip in the market this past few days after the ETF delay. I've read an article in cointelegraph that people are just overreacting on the said delay (https://cointelegraph.com/news/pantera-capital-ceo-investors-overreacting-to-etf-delay-should-focus-on-bullish-news). Honestly, I do agree with the article, there are a lot good news right now for market to experience a dip.

I think we need to control our emotions when investment is involved, don't sell when you are in panic. Try to think carefully and think more than 7 times before you click or do a transaction. ETF delay is not a bad news for me. I think it is a way for people to do panic selling and those rich people will abuse the dip and buy all the cheap BTC and after that, the ETF will be approved.


Right now, the market is green again and I think many people regrets selling their coins at a low price.

This is just my opinion, how about yours?
I agree with how our emotion affects one's success. Ofcourse. during market dips, people are more likely to panic sell because they are carried by their emotions without thinking about the nature of cryptomarket. Regret would be the result of doing such thing and as investors, we should set aside our emotions in order to obtain our goal from our investments.
We seem to have looked at the negative side of the problem too much, although emotions may hinder and make us regret in the down market, when we panic selling all of our investment but somewhere, emotions are still loyal friends and prevent the potential dangers to help us. So, like the story you say, some people will probably regret but still some people will be grateful for their feelings when it helps them avoid a great loss, or emotions also give them unexpected profits from the choices they use their emotions to decide