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Control emotions while trading cryptocurrency

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I believe  this too and this emotion  mostly time do not lead trader  to get good profit  as they always  think the price  go down after having little  profit. In this case,its necessary  to have good control power on yourself or use the stop loss button of feature whenever you do spot Trading .. 

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The feelings that overcome some traders cause them to lose, in this area you must move away from feelings and rely on correct analyzes in this area because feelings of fear and greed have a very bad effect.

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Emotional control when trading is really needed for successful trading, there are many ways we can control emotions, namely don't panic when the market drops suddenly, make sure that the market goes down temporarily and will recover. Train your psychology while in the market so that you are not too tense in the face of market volatility, if you can master this then your trading will be successful.

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Trading needs cool nerves, Crypto currency trad is highly fluctuating field, an one minute you are a winner and the next minute you are a loser, because the prices fluctuate all the time. If you are a nervous person who cannot control your emotions then crypto is not the right field for you , you will be exhausted and you might make wrong decisions based on your emotions.

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the emotions are the worst enemy of us that is why most of the new traders lose their money and that is why we do not need to obey the emotions and that is why we all have to work on the self construction.

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This is one of the most important things both in the investment world and in real life, we must always have control of emotions, this is linked to personal growth that we are having, we are becoming more aware of our thoughts and when we want to act in some way we think first.

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Yes ,no doubt if we don't have capability to control our emotions then we can't become a great trader. So during planning we need to care about those thing which can make harm to us such like our emotions. Don't need to attach with any project as emotions ,so with we would loss. Make decisions which is right to earn profit. If you thunk that project is not right you can left and can try other .

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it is always hard to control your emotions and while you are making trades that is why you should put in some stop loss and take profit limits on your trade and just leave them

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Just gentleman you said absolutely right you should to control your emotions when you go for the investment in the cryptocurrency because there are many ups and downs in the price of the cryptocurrency

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Our emotions make a big difference to our brain on our success. We need that whenever we are trading, keep our emotions in the control  because our emotions have a very important role on this. If we do any work with emotion, then it will be possible for us to suffer to some extent because we should not do any work in a hurry. We need to be patient and control our emotions.  

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In order to control our emotions, the first thing we have to do is put the points on the table, which are that we are going to lose a lot of money in the middle of our commercial practice, you do not have to get excited and demotivate this, since in the future we are going to To be earning more, we have to look for the necessary knowledge to reduce the loss of money, for this we must study the market each time, let's practice starting with 10 dollars and the goal is to double it in a week, after that we will put more money and so on. successively, this will make us value the money and know how to invest and double our profits.

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My big problem is that I will often get really bored. I haven't gambled at all for years and try to avoid that. The higher leverage in trading is close to gambling and means that money can be lost in seconds, as well as make some good money too. But with high leverage as 50x or 100x the odds are awful, and most times you lose money. With this kind of trades you get better deal in casinos where at least you will spend some of your time and relax. Making money fast isn't going to happen with any trading. You will need to be moving very slow and strict, so much that it becomes very boring.

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Not only that, you will gain experience. Well, learn, yes, agree with you, relax, yes. Agree with you on this. But the biggest part here is the application as well. If you read and learn cognitively without applying it, you will not get the results you want.


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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We know that trading is very risky therefore you have totally controlled on your emotions. When you invest in trading then you wait for good time. And you take a good decision. Then you can earn a good profit. 

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Certainly patience and self-comfort are very important things at work here, for me I practice yoga and regularize my breathing and try to reduce my stress, because a lot of wrong decisions were made from me and cost me a lot, so I try to calm down, focus and think logically.

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It is good advice, in my opinion there are basic steps that we need to take before starting trading and investing, first we have to gain great experience and a lot of information about the field about ways to deal with experts and work with their advice, then when we decide to start trading or investing in the beginning we have to choose an economic analyst An expert whose opinion we trust and we follow him and follow his advice and expectations. We should not distract ourselves among more than one economist. This will make us feel anxious, and after a while we have gained enough experience to enable us to trade or invest on our own

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A plan is importnat but with emotions we make mistakes. When the money gets bigger we are making the mistake to ask some people that do not understand the market and usually we sell very lower from our target. I am did that too and hoping that this will end as for the time being I am not going to listen to others. The market is seems to be rising further from what it is today, so I am still going to hold and follow the plan. The profit will be less but the plan has to be followed till the target is hit.

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On 3/14/2021 at 7:10 PM, Ibrakay said:

Yes my dear friend it's good to control emotion while dealing with crypto currency because you will be panic and fear

And what to do when one can not control their emotions, sometimes these emotions simply can not be avoided, so how to overcome them. @tienda help here brother.

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When you start trading n it so most of the people also note control your emotions on this site will call training in one of the best section on this site where you can easily invest in debt and anna good and valuable profits through this site for your also device to all member to keep well connected to the trading and start your own trading through this site.

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To be a successful trader, you must follow everything you mentioned in your great article.  The most important advice to be a successful trader is to stay away from feelings and not to take risks.  I advise everyone to use their time to read everything that is useful in the field of cryptography to gain the necessary experience to enter the world of trading.  Older members should be consulted to avoid running into risks and losing money.  There are a lot of fake currencies you should be careful with.

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Yes, I am agree with you that control at feelings is very important in trading. It is because in trading if we don't work with patience and want to get good profit in short time of period then we may be lost our money.

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Yes, it really important that we take care of our emotions while we do trading and investment, because if we allowed emotions to mingle with our trading, then we are going to be on the loading end.

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It is very difficult to control your feelings in trading, especially when you are exposed to loss, it is very bad and it is very difficult to acquire the skill of patience

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According to my experience, long experience and practice is the most important point in the field of emotional management when trading .. When you have sufficient experience, even if the price reflects on you, you are comfortable.

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Hello everyone, this is a very important topic, when trading cryptocurrencies, if we do not master our emotions, when we are doing our operations, we will have the risk of losing all our money, for this reason it is recommended that a risk management of our portfolio is done, and thus to have better control of our losses and gains.

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