Quote from: slaman29 on Today at 09:23:23 AM

Quote from: RondoAnyar on December 14, 2021, 05:35:02 PM

Quote from: slaman29 on December 09, 2021, 05:57:55 AM

Trying to relax? Haha, if a 15% drop still needs you to try, when you've lived through worst before, then maybe you really have to reconsider crypto because this is, I repeat, this is very normal.

And you should expect it to get even worse than this because this recovery will fool a lot more people into thinking this is the worst it can get, but no sir, it can get a lot more worse before it gets better!

Actually I feel this is a reflection of myself because basically the concept I apply in trading is wrong and puts too much emphasis on ego and greed. and maybe when the downturn occurs maybe a little panic is certainly a normal course of action as you say, but basically if you look further there is no reason to panic when you have to sell assets.
this is a stupid act, it's a loss why sell it because there will definitely be another increase if you really believe and are sure that the fundamentals are good.
relax maybe it will make me forget for a moment my greed and ego

Yes my friend, I think you really need to stop what you're doing and examine yourself carefully.

1. Trading that puts any emphasis at all on ego and greed is wrong. Trading must be as emotionless as possible, which is why you use stops and limits at all times
2. Panic is normal, but as point above says, make sure you only use limits and stops, and don't watch your trading, check in later to see.
3. Invest money you can afford to lose, this helps reduce panic.

And back up to my earlier point, don't trade. Invest and hodl. Life is sweeter this way.

but in this case, don't look at the damage, we can see the positive side in this case because indeed things like this can be used as experiences that will indeed be very useful for life because of course we are not here for a short time and this can be used as a weapon that can indeed make us realize not to do the same thing like this again.

but as you said emotions may have to be used but greed is something that everyone should avoid and panic is quite normal but don't because of our panic we become stupid in acting