Control emotions while trading cryptocurrency

[HumamAliDeeb 590]

To control feelings and emotions, a risk management plan must be developed, as this is very important to reduce unexpected results and contributes to reducing and reducing the size of losses. The weak trading you also experienced earlier, and regardless of how tempting the trade deal in front of you is, it is not a good idea at all to put everything you own in it.

[Kalisha01 82]

When making any trades, we must keep our emotions in check. For example, if we invest in a coin and set a weekly price target, we must be careful not to sell in fomo and lose money. And if we can't regulate our emotions, stuff like this will always happen. So a good time schedule with a good price goal is good, and we must manage our emotions along the way.

[P A Ashif 2409]

Its always very much important that we control emotion while doing trading. In trading we have to hear our brain and not heart. Sometime after so much uptrend we think that it will surely fall. But its never like that. People have this wrong concept. And they need to remove this misconcept. Control your feelings and believe facts.

[Mohammadnour 1372]

I am trying to learn to trade now, so I think this information is very useful to me, as we must control our emotions so that we do not make some mistakes such as rushing to make some decisions.

[The Game 2059]

We all know is not easy to control emotions during trading but every trader is required to be patience in every thing we are doing in the digital market because it will guarantee the safety of our trading and it will help us overcome panic.

[Jessica7 1132]

Yes, this is important advice, because in the cryptocurrency exchange market, we must be patient and control our feelings and emotions, because this is one of the necessities for success in trading and investment operations.

[Ziyech 478]

Self awareness in investing is beneficial because it allows us to stay on track with our strategy at all times. If we can't regulate our emotions while trading, it will be detrimental to us because then we can invest based on our emotions rather than our trading strategy. Investing without a strategy is putting our capital at risk.

[Merry Cherry 670]

Yes my friend while doing trading we have to control our emotions because its very important without this we cannot do trading, ups and downs is the part of life so we have to be very brave and patience while doing this because its not important that all the time we get profit so be careful while doing this my friend. 

[Johnii 256]

While trading we should put our emotions at a side because we need patients and calmness during trading and we should wait until we get profit from it. 

[karam_s 412]

Trading needs a lot of knowledge and experience because it is full of fraudsters and fake currencies. You must stay away from emotions during trading because the prices are highly volatile. The market must be carefully monitored before any sale or purchase transaction. Emotions can cause a lot of losses, so you must stay away from them altogether.

[MrSpasybo 1049]

@tienda

Thank you for their valuable advice, perhaps only traders will understand the meaning of this post. Trading is a job with great pressure, and makes traders extremely tired. I am trading with a capital of only a few tens of dollars but have experienced many different emotions: sometimes finding yourself stupid, sometimes seeing yourself as a genius...
Bullrun is going on, trading is not a good plan for those holders who already own valuable tokens. I think this is the time when I can rest and continue to hold my tokens until November this year.

[علي سليمان 1071]

Working in trading is profitable in most cases, but to remain safe from loss, I recommend that you store an amount of money in the investment, which will return you good profits. In the event of a loss in trading, you can use the balance in the investment and start trading again

[Alix188 585]

I don't think reducing your trading volume is a good way to be able to control your emotions, but you should not invest any amount that you cannot afford to lose, and you should think about losing before winning.

[yahyazaki 322]

What this topic is trying to let us know is that in the world of cryptocurrencies especially in trading or investment or mining you should let your brains lead you do not be led by your heart because if you do this you are simply putting or endangering your capital.

[Shurerym 210]

Of course, controlling emotions in trading is good because it will help us to remain in our plan always. If we can not control emotions when trading, would be bad for us because we will trade by emotions and not by our trading plan. Trading without a plan is like risking our money. 

[sally.azzam 313]

Yes, I agree with you, the most important part that you should focus on while practicing trading is controlling our feelings. We must learn to curb fear and greed together. Before entering into any deal, you must define your goal in profit and your ability to lose, and end the deal at one of the limits

Edited April 25, 2021 by sally.azzam

[Alsh9 1007]

Of course my friend, we have to control our emotions and work to control them and direct them towards the right thing. We have to learn and gain trading experience before entering the market.

[Megan Kyle 955]

Yes mate, we have to control emotions while trading cryptocurrency. Trading is not easy thing. You have to take risk for it. Dont take any decision when you are emotional. Make more knowledge about trading. Know the market situation. Take advice from experts. 

[Serbberq 724]

My friend, you have mentioned a very good subject. It is very important to control emotions in business. You should be as cold-blooded as possible in the trade. You shouldn't be greedy. You should use your capital in balance at the beginning of the trade. You definitely shouldn't be too greedy.