Quote from: carlfebz2 on June 01, 2021, 05:42:05 PM

Quote from: wxa7115 on June 01, 2021, 05:28:13 PM

Quote from: irsykes on May 26, 2021, 07:05:32 PM

Quote from: Trixoempire on May 19, 2021, 12:29:08 PM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

I think it wouldn't need 3 years to recover. Maybe soon or maybe in this year you will get at least your ROI back. If you still hold bitcoin i think you shouldn't need to be worried because i think a lot of people did same things too. As long you follow the rules about always use money that you at least afford to lose, or maybe not to be used as daily needs as investment, you should be ok then.

If the bull market is not over as many people think then he could even recover his money in a few months but that will only be true if he decides to hold his coins, something that may not happen especially if he is as angry as he says he is.

This should be a lesson to all of us, when engaging in an investment or a trade then it needs to be done without using your emotions at all because if that happens then you are bound to make mistakes that will cost even more money than any drop in the market could cost you.

Being angry would be just normal because we dont want to lose money and with this very unpredictable market then situations like this is really unavoidable due to unpredictablity

and you should be aware on the first place so that you wouldnt really get shocked once you chad seen your portfolio drop that fast in a short span of time.

Its normal for a human being to have these reactions but you shouldnt really tolerate this because once you get angry will really result into desperation which would
create bad possible moves.

Is it normal to get angry when something does not go your way? Yes, is it productive and it helps to resolve your problems? No, when it comes to trading you need to try to remain as calm as possible even when the market turns against your prediction and if you cannot do that then most likely you do not have what it is necessary to become a good trader.

Also sometimes the anger comes from the false expectations traders have out of the market or their own skills, no one wins 100% of the time or even something close to it, if your prediction failed then just accept it and move on, because if you do not then those feelings could be the reason of a subsequent error.