Bitcoin Forum

Economy => Trading Discussion => Topic started by: mast3rm1nd on October 13, 2017, 08:05:35 PM



Title: schrodinger's trade
Post by: mast3rm1nd on October 13, 2017, 08:05:35 PM
sometimes when I'm interested in buying a coin I just know that if I buy it the price will go down and if I wait the price will go up. I can't explain it it just f***ing happens...
(I did buy and it did go down...)


Title: Re: schrodinger's trade
Post by: rebel92 on October 13, 2017, 09:26:27 PM
sometimes when I'm interested in buying a coin I just know that if I buy it the price will go down and if I wait the price will go up. I can't explain it it just f***ing happens...
(I did buy and it did go down...)

Trading is about setting your rules and following them to make consistent profit. It doesn't matter if you COULD have made more money, as long as you're following your rules and hitting your return goals. In situations like that, it's easy to get greedy and want to keep riding it up, but that also leaves you open to hit losses too. It's more of a gamble.


Title: Re: schrodinger's trade
Post by: The_Dark_Knight on October 14, 2017, 12:56:11 AM
sometimes when I'm interested in buying a coin I just know that if I buy it the price will go down and if I wait the price will go up. I can't explain it it just f***ing happens...
(I did buy and it did go down...)
Stop trading, that is the best advice I can give to you, trading is not supposed to be about premonitions or anything like that, you need to have a reason to make a trade, if you are not able to understand the charts maybe you could just trade the news, we have known that bitcoin was going to be forked twice for some time, you could have bought and wait for the bull run, as you can see there are several ways to trade but for what you are describing, it seems you are doing it all wrong.


Title: Re: schrodinger's trade
Post by: mk4 on October 14, 2017, 01:17:21 AM
If you bought it in the first place, it's because you're probably confident in it due to it being a good project(unless you bought because some people told you to) and you probably think it would go up in the future. So what's the problem? Seriously. People in the crypto-space always expects to be overnight millionaires. This is an investment. It is going to take time.