Quote from: Meowth05 on January 21, 2020, 03:16:20 PM

Quote from: baeva2 on September 25, 2018, 10:11:04 PM

Some traders and investors think that when trading with crypto currency, one must be bold and confident and make quick decisions. Is excessive confidence in cryptocurrency trading better than doubt and fear, or is it a big drawback?

Having confidence upon your trading is good but having too much of it doesn't make it look good. Excessive confidence might lead on taking a high risk opportunity that could cause loss and so as for lacking of confidence. Besides, I don't think that over confidence will work out in this kind of market the fact that fluctuation rate is not what we think of.

Balance is required in every part of your life as you have to make a balance between your job and relations, your needs and youre earning, your wishes and efforts, same kind of balance is required between over confident and assurance. When you have invested the money that you have earned through hard times you should be confident about your business and good results. But over confidence does not have real consequences.