Emotional people and crypto

It's for people who understand how things work
Otherwise, face it peeps, you are gambling.
And it is also for people who can afford taking a loss
 
I agree that you can't be emotional when you're holding crypto; you have to think in big-picture terms.

If you don’t want to lose your shirt, look at where Bitcoin was before, and take comfort from the fact that even though it has sunk quite a bit from its record-high, it’s done this several times before.

When you do this, you are able to pull off cost averaging and other techniques that reduce the average cost of the crypto that you hold.
 
You must have a strong heart and a strong guts cause not all crypto investors become successful.
 
Cryptos are not for emotional people and definitely not for poor people.
We cannot say not for poor people. Those who are poor can do airdrops and all and can make decent money.
 
Here is the top of coinmarketcap 5 years ago today. Only Steam, NXT and er obviously The DAO were bad calls for the time. Whats the saying about taking money from the impatient to give to the patient.

View attachment 179345
Just because you reminded me of this, NXT was a bad call as investment, but what a coin.. oh boy. It had all the innovations you could think of: Proof of Stake (I may be wrong, but I think it was the first PoS coin out there), colored coins, web based wallet and promised a lot more. It even had a Satoshi-like story, the founder was called BCnext and he disappeared at some point, leaving the project to the lead developer, ComeFromBeyond, a smart Ukrainian dev who would later contribute some cool ideas when IOTA was born.
Unfortunately, because there was no leader, the whole NXT project was sold to some company, which already had its own coin, so NXT was paused. There were some promises to restart the development, but nothing happened. Too bad, it was a nice coin with a nice story
 
It's not for the people that check their crypto balance every week.
It's for people that can afford to forget it for atleast 5+ years
You can wait 10 years until the creators of some token become billionaires, and investors become beggars while in 10 years the token will cost $ 0.00000001 :D
 
Is crypto for the weak hearted or only those should invest who have won their emotions ?
You should not let your emotions get the better of you basic fundamental rule in all trading not just crypto!
 
You can wait 10 years until the creators of some token become billionaires, and investors become beggars while in 10 years the token will cost $ 0.00000001 :D
How will creators become rich if coin value decreases ?
 
my crypto portfolio has dropped to 30% of its original value. I'm not even emotional about it. I was willing to lose that money from the day 1. Still, I do not plan to sell anything o_O
IDK maybe because you only own 10$ worth of crypto.
 
I am lucky to work/play absolutely emotion-free with budgets that I can afford to lose.

I look only at the numbers, analytical tools, trends and statistics.

I also prefer to create instead of playing around with other people's coins.

— Alex
 
Ignore the small waves, determine the long term, you will get your results
 
If you are emotionally invested, then it is not for you.
 
You shouldn't start a business where you don't understand the basic principles.
First of all, you need to understand the basic knowledge and mathematics of business. And only after that connect psychology
 
Patience is the key. Initially I used to panic and settle for 10% return.

But doesn't mean you invest in a rug and be patient ;)
 
This is only for those guys who have patitent in his mind otherwise please do not inverst in it .
 
Is crypto for the weak hearted or only those should invest who have won their emotions ?
Hi! If you do not want to be left without nerves, then you need to push emotions to some plan, so in any case without exceptions! Then you will go upstairs.
 
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