Quote from: omgitsmehehe on Today at 01:56:42 PM

Quote from: bettercrypto on May 29, 2023, 11:16:49 PM

Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.

And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.

Solutions are the ways to reduce our risks, not panick. The market is up and down, we would have get use to, because it's a normal thing that happen right from time. Trading with emotions have 90% of ending in loss, we are humans and we cannot possibly eliminate emotions, it's always there, we learned to controlled it rather than look for ways to remove it. Establishing a balance emotion during trades do save us from alot of risks, profits is our targets and we worked or proceed in strategies that earned us that.

We are just humans on which panic and impulsive emotions would really be just that common on the time that you would be seeing your portfolio is going down which it is really that a common approach.The only difference on here is that you do really be able to make out some methods or ways on how to handle up the situation on the time that you do have the experience.You could really be able to differentiate in between
experience and newbie traders or investors basing up on the action that they are making or the ways that they are lessening up the risks.

Just like on what others been saying that being emotional is really that normal and this is where experience would kick in on which it would really be that causing for you to mind off about on how to deal up with it.
If you are a beginner then it would be normal that you would be missing out those critical points on what are the back up plans but once you are aware on how this market behaves or works
then you do have the idea on handling yourself on such condition or situation on which it would really be an advantageous thing.