Quote from: rodskee on July 24, 2021, 11:45:18 AM

Quote from: boty on July 24, 2021, 11:19:40 AM

Quote from: Niobeh on July 24, 2021, 11:11:28 AM

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

mostly traders failed with this points, they could not prepare their self well either in trading knowledge or psychology. In trading actually it is psychology war, traders that could hold and maintain their emotion they will be the winner. Don't ever trapped in HYPE , FOMO or anything else without our own research , experts not allways right . If we could do it by our self , knowledge and skill will improve and very usefull for future.

Controlling our emotion is indeed one of the reason why traders win in trading but sometimes being panicking brings us positive outcome when others are still hoping you are the one who did sold first and then the price dumps and you are the winner.
But indeed that never become panicked when in trading because the ups and down is normal and the only weapon we can use is to manage our temper and have a great timing in the price movement from there we will surely win.

Hype and community group make some one could not control their emotion how ever when have new project coin and many people advertise make them want to buy although coin have raise higher price. I see many time trader stuck on that moment, never care about any problem and keep want to buy coin without check firstly have touch higher price or not.