Quote from: gunhell16 on July 26, 2023, 08:56:09 AM

Quote from: Fredomago on July 20, 2023, 02:49:26 AM

Quote from: uswa56 on July 19, 2023, 12:41:33 PM

Quote from: Fredomago on July 19, 2023, 10:53:27 AM

It's a killer for most traders I guess, without a patience you surely feel that way, thinking that you need to stop because the market is moving the other side and the chance of losing more might come your way, only to realize that it's just a test and the market will bounce back and pump up even stronger, if you are not ready in that kind of situation for sure you will keep losing your money.

You need to make sure that by stepping into this business, you are both mentally and financially ready. I mean, you are willing to take the risk and you are ready to wait and hold until you hit your target entry and exit positions.

It is very difficult to control emotions, of course everything has been well planned from the start and will be ready with everything but sometimes there are things that are difficult to control and emotions cannot be contained so that it becomes a big problem for traders, this is something that cannot be predicted .
But slowly we can learn some things to be able to control our emotions, I learned a lot from the experiences that have happened because with emotions we will lose everything.

It's better to learn even in a little way, by experienced you'll be able to enhance your anticipation and it's important to analyze and anticipate what will be the next market movement, emotion should be taken away when you position your entry or when you are positioning your exit, it's matter the most not to be moved by your emotion but instead it should be by knowledge and experienced.

More on your determination and practice with whatever strategy you wanted to execute and what patterns you want to follow.

In fact, we learn from the experience we go through, especially in conducting trading activity here in the Bitcoin or Ceyptocurrency field. And I also agree that. Sometimes our emotions are uncontrollable especially when we suddenly see that the value of the crypto we hold.

In this case, we often feel panic and anxiety, which should not be that way. So it is important that our knowledge here in Bitcoin or Crypto is great.

Of course when we hold any crypto we should hold it with patience. When we conduct activity in Bitcoin and cryptocurrency trading, the market often goes down. At that time, if we hold on to something that loses meaning, we become emotionally attached. At those times we cannot control our emotions so we have to be very patient in that regard. When the market goes down, instead of panicking, we should be strictly patient so that we don't get emotional later on. But we must know that holding Bitcoin will allow us to earn money again. The important thing is that trading in crypto must be done with patience rather than being emotional it will be great.