the excitement of winning and the fear of losing

in blur •  3 years ago 

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Greetings to the community, this week was very busy with currencies and traders who are experiencing a new bull market that seems to have no end. This rising market and the wave of news that tells us that the BTC will reach 205k $ are causing a tide of emotion out of all logic. It's fun to see most of your friends in the commercial world making plans with the profits they will make once the BTC goes above 100k, I see in their messages that they are controlled by emotion and not by reason. In this article I want to share my thoughts on the subject of emotions and read your comments on whether you think the BTC will reach 100K.

I want to start by remembering my days when I was working in a betting store where I was in charge of a roulette wheel. For a few weeks they explained to me how roulette worked and I remember that they told me in that training period "the emotion of roulette is not to win but to recover what is lost" this is what makes people addicted, I thought about how it was possible that intelligent and educated people can become addicted just to recover their money instead of looking to win more money, at that moment I did not understand it, it was with time and experience with addicted gamblers that I realized the power of an emotion like that.

The illusion of many investors at this moment is to try to recover the losses of 2017 and that is why they are willing to bet everything they have, without a doubt a sad scenario since just as with roulette the markets are controlled by the great whales of the world. No wonder that tomorrow they will bring out a news item that has to do with a regulation or a security breach associated with BTC big enough to scare off the mass of people who came in to buy BTC to get rich and thus get them to sell at a loss driven by the other emotion that enslaves people "fear

fear is contagious, fear can make people panic and act under the control of this emotion which is undoubtedly so strong that it makes people prefer to sell at a loss than wait to see what is really going on, this is how they control people make them enter into an investment for the emotion of winning and make you sell at a loss with the fear of losing everything, this is the same thing I saw in the roulette casinos in the time I worked there.

In conclusion, if you decided to invest, do it at the right time and in the project you previously studied, both its usefulness and the future of that project in the medium and long term, whatever you do, do not get carried away by these emotions that are being exploited for the benefit of a few at the expense of the loss of money of thousands of people. Remember that investments are made with timely information and under a neutral emotion it is better to win what you thought you could win in a calm moment rather than contributing everything in a move that will potentially leave you bankrupt.

created by: @trabajosdelsiglo

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