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Economy => Trading Discussion => Topic started by: pawanjain on July 08, 2020, 06:34:56 AM



Title: It's ok if your profits are less
Post by: pawanjain on July 08, 2020, 06:34:56 AM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.


Title: Re: It's ok if your profits are less
Post by: btc_angela on July 08, 2020, 06:50:01 AM
That's why we have to established our exit strategy as well, and if we hit that then sell it because that was your target in the first place. So there's nothing wrong with selling and taking less profit, still at the end of the day, you made that decision and it seems you are satisfied. Personally though, once I sold off, I never bother to look at the next price, LOL, as I might have to regret my decision. But I have matured enough, laid out my plans so that I wouldn't be that emotional, regardless if the price goes up or down.


Title: Re: It's ok if your profits are less
Post by: maydna on July 08, 2020, 07:00:32 AM
It is better to make a small profit than we are waiting for more, which we don't know what will happen later. If we can make that small profit by trading over and over, the profit will be bigger.

You give a good lesson not too greedy to chase a bigger profit, and you sell your coin at a high price, although the price still increases after you sell. You don't need to sad or regret that because I am sure that you will have another opportunity to make a bigger profit. At least, now you have 2 ETH in your wallet, so you can hold your ETH until the price increase higher, and who knows, you will be able to make another bigger profit from ETH. The gap of 0.001 ETH is good enough to make a profit, and we are not often to see that increase in a short time, so you need to enjoy your profit and prepare for another profit ;)


Title: Re: It's ok if your profits are less
Post by: Janation on July 08, 2020, 07:41:51 AM
I think you just played it safely, and that is just good.

I know that you could earn more if you waited but you will never predict that, right? No one knows how will the price moves so you just grab what you can do and work with what you have. Still, that is a nice message though.

The other thread talks about how people run away from this investment but with this kind of posts, you will also be motivated to be patient, that is just the thing people needed to stay here since it will bear fruit in the near future.


Title: Re: It's ok if your profits are less
Post by: carlisle1 on July 08, 2020, 09:24:47 AM


But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
Because if we  only know what will happen of course things will come our way right?

But this market is unpredictable so things will not always favor us,sometimes what we wanted to see never comes in properly.

and besides You must be thankful mate because at least you make profit because others don't get that way instead the opposite one.

anyway i am not affected by this because when i decide to Keep holding i know that things like this will come even if i don't expect it.


Title: Re: It's ok if your profits are less
Post by: cheezcarls on July 08, 2020, 10:53:25 AM
Much better than nothing at all. We just start practicing ourselves to be grateful on whatever profits we achieved. Even if it’s just $1.00 or below, it’s still profits.

However, if we lose on a trade, there’s still something that we can be thankful for. If we lose on something, we learn from the experience and gives us the opportunity to get better in our decisions when trading cryptocurrencies.

This is what I’ve been telling myself no matter if we profit or lose in cryptocurrency trading. Just be grateful.


Title: Re: It's ok if your profits are less
Post by: AniviaBtc on July 08, 2020, 11:06:45 AM
But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

They call it "Small progress is still a progress."

No matter how big or small your profit is but still it is a "profit". It doesn't mean that if you get a small profit, you are not an effective trader. Sometimes we need to understand things that trading is not always a win win, we need to learn how to accept and be happy on that amount of profit that we earned.

Just work hard and do more efforts in order to you to gain much larger profit the next time you trade. Also, be more wise and intelligent in making your decisions and grab the opportunities if you think that it will benefit your investments.


Title: Re: It's ok if your profits are less
Post by: Hypnosis00 on July 08, 2020, 11:16:30 AM
I know that $50 profit after years of waiting is really not worth it but that is good for now than nothing. Besides, you'll be lucky enough to get in the time of selling because anytime it can be changed by then. This is what it simply means about holding, you can't expect its price to rise and that makes you also think of making a hefty profit later.

I'm glad to see that you are not a greedy person to always think more and there is contentment inside. Most holders think differently as what you have done, most of them are thinking much and really optimistic but the situation is not really good at this time especially for altcoins. That is why we have to make a safe exit than nothing left at our hands.


Title: Re: It's ok if your profits are less
Post by: bittraffic on July 08, 2020, 11:32:00 AM

Ever regret that you didn't sell it while the price was a bit higher?
If you did you could have bought more than 1000 back for your bag. That 1000 EDO could have been worth more than $6K back 2017.

Its okay to have less profit than having a loss but to have wasted years for it may not be worth. Anyway, if you have waited this long then maybe you are also willing to wait for a little longer to see it fly up again if you believe there will still be bullrun one day.


Title: Re: It's ok if your profits are less
Post by: bitgoldpanther1978 on July 08, 2020, 11:35:34 AM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

The lesson here in terms of doing trade is once you get at least 1 to 5% earnings, I could say it's good to be consider.
Compare of not earnings for every trade you made. For me 1% profit daily is enough at least I have 30% profit monthly were it is
not bad at all.


Title: Re: It's ok if your profits are less
Post by: tvplus006 on July 08, 2020, 11:41:21 AM
...So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

One successful trader explained his profit in trading by always closing orders early. Today you got a profit and should be happy about it. After all, everything could have turned out differently, and today the price could decrease and you could get a loss from such a transaction.


Title: Re: It's ok if your profits are less
Post by: abel1337 on July 08, 2020, 11:55:52 AM
But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
This is the same scenario I got before in holding some altcoins and waiting for it to accumulate good profit. At some point, my assets hit a dire price and that time I thought it will not recover from its price so I hold it waiting for a miracle to happen then one day I was alerted because it's price goes 40x from its all-time low price and I profited around 2x from my buying price. The thing is the pump continues and it reached its all-time high. Unlike you, I have a mixed emotion of disappointment, Happyness, Sadness, and regrets into myself that I rushed selling that hopeless asset. But in the end, I can't do anything to revert it so I choose to be happy and take the profit I got from it. Thinking of myself to be lucky enough that I did make some profit of that asset.


Title: Re: It's ok if your profits are less
Post by: XZERO1 on July 08, 2020, 12:10:46 PM
At the end of the day no matter how much the amount of profit is it's profit and most of the time it's better to start taking profit early, you are a trader after all and you should not have the same mindset as investor who waits more for more gains, it's all about the greed most of the time and if you let it, it will make decisions for you and you're not going to like the results that you get from that way of trading because you are going to lose many good 2-5% gains hoping for 20-30% profit to come while if you had just a bit patience with a couple of little profits you could get to that 20-30% with taking less risks.


Title: Re: It's ok if your profits are less
Post by: Latviand on July 08, 2020, 12:52:25 PM
I think you just played it safely, and that is just good.

I know that you could earn more if you waited but you will never predict that, right? No one knows how will the price moves so you just grab what you can do and work with what you have. Still, that is a nice message though.

The other thread talks about how people run away from this investment but with this kind of posts, you will also be motivated to be patient, that is just the thing people needed to stay here since it will bear fruit in the near future.

Sometimes, we really need to do these kind of actions to minimize our losses and become secured with our profit. Don't push yourself to the limit because there are opportunities that will become wasted once you insist to do that even if you know that there is a risks in trading.

If you keep on doing that, you will practice what we called good decision making, but still practice also your technical analysis so that you do what you need to do in trading.

It is really not that easy at first to earn a huge profit, especially that the price is not on the trend. But in terms of investments, you should really always do the risk management or minimizing the risks. I know that all of us are struggling in trading, but we should be really happy on what we have earned either profit or a lesson in trading.


Title: Re: It's ok if your profits are less
Post by: taufik123 on July 08, 2020, 02:17:36 PM
Edioo is a wallet and exchange project that is quite successful and has been registered in binance which is now upgraded to pNetwork Token (PNT).

I joined this Eidoo project from the very beginning they launched the Eidoo Bounty on this forum. I got a number of tokens from an article that I made.
The current price of this Eidoo listing on the exchange is around $ 2 and reached the highest price of $ 7.21 in January 2018. I really enjoyed the benefits provided by this Eidoo token.
As you think, getting a little profit is more valuable and is the best decision, rather than having to wait a long time, we won't know what will happen later.

https://i.postimg.cc/Gm3g58nS/Screenshot-70.jpg


Title: Re: It's ok if your profits are less
Post by: el kaka22 on July 08, 2020, 02:26:34 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
What are the backing reasons for your speculation of rising high? Or just a wish? If you expect all your dreams to come true then I am sorry, no market works in that way.

You must have worked on their future plans and developments along with how effective those will be in attracting new investors and from these you might have estimated some possible short term upper limit to exit. Please not all these are just estimation and anything might have after you exit or just around when you plan to exit. You must be lucky that you exited with profits. I hold many tokens which were delisted from exchanges before I decide to sell them.

Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
This is how our basic psychology works; we want prices to increase just after we bought and if we plan to buy then we expect prices to fall so that we could buy cheaper. Please do not let your emotions dominate you. Just enjoy your profits and make sure you again invest your profits into some other highly potential thing so that you keep multiplying your capital which is meant for trading.

As you think, getting a little profit is more valuable and is the best decision, rather than having to wait a long time, we won't know what will happen later.
For anything, there are 50% chances. In my opinion as well, even it is little profits, it must be valuable compared to unable to selling or selling for losses for some emergency.


Title: Re: It's ok if your profits are less
Post by: semobo on July 08, 2020, 02:30:17 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
People consider less profits also as a loss at many instance but it is really a wrong perception towards profits making, we can make huge profits by making small profits many times so we need to have small profits margin for every kind of investment or if we have big margin then we need to keep holding no matter what is the current price until the market reaches your desired price.


Title: Re: It's ok if your profits are less
Post by: lixer on July 08, 2020, 02:39:10 PM
Is this topic all about psychological aspects of traders? Because, our greed has no limit it will keep on looking for more and more regardless of how much you will be feeling to it. If you look for more profit than it should be possible as per the technical analysis and not as per our willingness/greediness. By greediness I'm not referring anything wrong but it is our another emotion which is the deciding factor whether we will be holding or we will be rushing to cash-out.

I just want to ask what is less profit and what is more profits?
If you do not have any measurement for this then you should go for in percentage calculation:

You may book profits in all your trade for example, at 5% profits then you should go for triggering stop-loss at same 5% losses. If you are having stronger technical analysis then you can set same things at 10%. This way you will never worry about less profits or anything similar to that.


Title: Re: It's ok if your profits are less
Post by: taufik123 on July 08, 2020, 03:05:42 PM
As you think, getting a little profit is more valuable and is the best decision, rather than having to wait a long time, we won't know what will happen later.
For anything, there are 50% chances. In my opinion as well, even it is little profits, it must be valuable compared to unable to selling or selling for losses for some emergency.
50% is a pretty big profit in my opinion. 20% -30% is also enough for a profit that is obtained in a not too long time.
circumstances where not being able to sell are related to many factors and that is to oneself with a psychological state that is not ready or otherwise. People who sell only for losses are people who waste money in vain even if it's in an emergency.


Title: Re: It's ok if your profits are less
Post by: Harlot on July 08, 2020, 03:23:27 PM
Profit is profit when it comes to trading, even if you did not have followed your plan you still have profited from it and this is what is important compared to you losing your money. Maybe the lesson for this is do not follow what you feel but follow what you have planned, the next time you buy and hold a crypto do not overthink about it but rather check about your plan and backup plan to see if the current chart is still a possibility if it's not then you should adjust your strategy, also do not listen to noise as it will always cloud your judgement.


Title: Re: It's ok if your profits are less
Post by: cytpoway121 on July 08, 2020, 05:28:42 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

I understand the angle you are coming from but it can't always be a desired exit point. One important factor is to take profit, be it @0.001 or at 0.002 or at 0.003 eth, profit were made, hence it cannot be termed less profits.

Instead we can say that we could have gotten much more profit, which doesn't work out that way for all tokens anyway


Title: Re: It's ok if your profits are less
Post by: fullhdpixel on July 08, 2020, 05:34:21 PM
For me, it is okay to book small profits unless otherwise that small profit is enough to cover my exchange fee because the opportunities are getting in other cryptos are really unlimited; moreover I do not have time to bother about whether it is small or big profits as I will start looking for next trade once I book profits. I guess traders who trade based on technical analysis will not worry about small or big profits as their technical signal will indicate where to exit then traders need to react for that. So, no room for them to concern about small profits whenever they need to book.

Only when you trade based on your intuitions then you may bother about what will happen or if I wait more, will there be more profits or anything like that. I do not trade based on my emotions and inner thoughts hence I never need to have any hesitations on when to book and when to hold.


Title: Re: It's ok if your profits are less
Post by: so98nn on July 08, 2020, 05:50:19 PM
I know this feeling very well. I usually trade very less in the form of crypto currency pairs but can tell you this from stocks exchange. In there I usually go for intraday trading where morning it’s time to buy and as noon surges I go for selling though it’s hard to have hiked prices in a day. But many times I end up selling at point where the price was not capped but it moves beyond it at the end. It feels so frustrating and one doesn’t get happy about the profits that earned but starts thinking about the profits that they might have gotten more. May be it’s our nature to have more and more.


Title: Re: It's ok if your profits are less
Post by: barbara44 on July 08, 2020, 06:45:20 PM
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
Actually once you start trading more seriously just place orders on a price you believe is the best price and if the price goes beyond the value just never mind it because you cannot determine what would be the peak value so you make a price in mind and just sell on that.

If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.
But, at least you doubled your investment since it went from 0.001 ETH to 0.002 ETH and that should be okay it might go 0.01 ETH in coming time but that is just greed so in my opinion you made the right call.

As a day trader I often sell BTC at a particular price and then regret like I could have waited a little more but that is life and we can't get carried away by knowing the price in hindsight.


Title: Re: It's ok if your profits are less
Post by: daneal stev on July 08, 2020, 07:01:48 PM
I agree with you with everything you say and frankly it is very difficult for us to know the movement of the market and the price that the currencies will reach and there are many people who sold their currencies at a little high price and after the sale process the price rose more but I see that there is no problem with this matter so getting A little profit is better than not getting a profit at all, so there is no need to be sad if we sell our currencies for a few profits.


Title: Re: It's ok if your profits are less
Post by: barbara44 on July 08, 2020, 07:35:08 PM
...So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

One successful trader explained his profit in trading by always closing orders early. Today you got a profit and should be happy about it. After all, everything could have turned out differently, and today the price could decrease and you could get a loss from such a transaction.
True but I would like to add a point here that is, once the price rise for a particular coin and you are holding it for a long time then better wait a little bit longer because usually when a coin goes up, it will go up by a good number and once it starts to drop then that is best time to sell off your coins.

I am not at all saying OP made a mistake by selling at 0.002 eth but since the price moves up he could have waited a little longer and if it started to drop then that is the best time to sell. It's like you hold an asset for long time and when the time came to cash your trust you just cashed it too early. So, yeah while you made profit still you should learn a few market tactics like never sell a coin that is moved up recently and when a coin is going don't just buy it until it touches bottom and starts getting up again.


Title: Re: It's ok if your profits are less
Post by: stomachgrowls on July 08, 2020, 08:43:47 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

Ive several experienced this kind of situation where you do sell off early just because you do presume out that the price might decrease after that but it cant really be avoided since this market is unpredictable in the first place.

The thing here is that you do able to gain profits instead on losing.Yes, regret is there but at least you do get out something rather than losing or in negative.

People cant really just move on nor accept that they just hope that they sell out sooner and might able to make more money but to think that they should be at least grateful
on what they had done earlier.


Title: Re: It's ok if your profits are less
Post by: RealMalatesta on July 08, 2020, 08:47:57 PM
If we are going to take a look at those things, I have made around 80 bitcoins so far in my life, I have only received around 40 thousand dollars in total. This is of course at the course of many years but there was a job that made me earn 80 bitcoins, and I have sold all of it the moment I got it, this was waaay back in the day so bitcoin was under 1k, and it did moved to 20k while I was working so I did made just a tiny bit of it during that part (0.05, so there is still 79.5 before that) but believe me if we are going to take a look at "what I could have made" there are people who lost 1000x more than me for sure.

Remember the dude that paid 10k bitcoins for 2 large pizzas, that is like 50 bucks at the very best case, but his money would have worth tens of millions of dollars. So just focus on what you made, and not what you could have made, otherwise you would turn crazy.


Title: Re: It's ok if your profits are less
Post by: chaser15 on July 08, 2020, 09:20:07 PM
Whenever you sell, don't regret what you did but instead take a new round just in case you decided to buyback.

You will never know what will happen next. What if the other way around happened? Instead of profits, you lose.

Just be positive that you sell with profits. After all, you can play with that coin again.


Title: Re: It's ok if your profits are less
Post by: rexxarofmoknathal on July 08, 2020, 09:59:14 PM
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

I think as long as you're happy then that's fine. To take this up a notch, it is the general consensus that if you can take a profit you can be happy with then go for it as the market could always go bearish. However, at the end of the day you take as much risk as your comfortable with and that's a good approach to trading :)


Title: Re: It's ok if your profits are less
Post by: hulla on July 08, 2020, 10:28:27 PM
It good the OP have understood already that making a less profit is better than making losses in every investment but i dont see him making less profit if he calculates the current price of the subject in USD and the current price of ETH because they token is now experiencing a downtrend.


Title: Re: It's ok if your profits are less
Post by: dunfida on July 08, 2020, 10:44:01 PM
Whenever you sell, don't regret what you did but instead take a new round just in case you decided to buyback.

You will never know what will happen next. What if the other way around happened? Instead of profits, you lose.

Just be positive that you sell with profits. After all, you can play with that coin again.

Be thankful on what you had earned imho rather than seeing your portfolio in deep reds for you not able to sell it off in the right time.It might be less but it is better rather than nothing at all.
Buyback thing should be considered but not all will really have that kind of mindset because once they do get out then they arent tending to look back which isnt a bad move either and the mentioned coin
Eidoo would be somewhat risky and its better to put up those profits earned into other coins which is more worth to risk on but im not saying that Eidoo is shit but there are
better alternatives.


Title: Re: It's ok if your profits are less
Post by: DoublerHunter on July 08, 2020, 11:07:47 PM
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

I think as long as you're happy then that's fine. To take this up a notch, it is the general consensus that if you can take a profit you can be happy with then go for it as the market could always go bearish. However, at the end of the day you take as much risk as your comfortable with and that's a good approach to trading :)

^ If you have been satisfied with that price and there is nothing lose with you, go on and take your profit. There is nothing to be greedy because I have been done on that manner when I was a bounty hunter. I have targeted high price and should not sell under ICO price but unluckily I saw the price did not raise again and the worst is the token becomes shit.
Nevertheless, Op did a good decision and I know we are all experienced this matter if you are a bounty hunter. We don't really know the movement of altcoins especially those newly listed.


Title: Re: It's ok if your profits are less
Post by: Oceat on July 08, 2020, 11:09:00 PM
It's better than to suffer from depression when your expectations doesn't work. I called it minimizing the risk of losing since we can't predict what's in the future, it's better to take what chances we got already. Trading will always be that way but some people are so lucky to met their expectations but that's just random.

Anyway, you still got some profit and that's just better than to be greedy, consider yourself as lucky if you got some profit while trading not everyone is lucky enough to gain such profit.


Title: Re: It's ok if your profits are less
Post by: Distinctin on July 08, 2020, 11:11:00 PM
We always consider the "IFS" when we are investing.

What if the price will rise more or what if the price will fall again.
That's something as an investors we are not sure of, so selling at a profit is already a success regardless of the profit you made.

I have a lot of regrets in the past for not selling when the price pumped, but I learned my lesson, eventually I know I'll be more matured and what I really learn from trading is not to be greedy, once you make profit even if how small it is, it already gives you an idea how to make it so you'll be able to be profitable again by other investment or the same when you buy them at dip.


Title: Re: It's ok if your profits are less
Post by: AakZaki on July 08, 2020, 11:19:57 PM

Ever regret that you didn't sell it while the price was a bit higher?
If you did you could have bought more than 1000 back for your bag. That 1000 EDO could have been worth more than $6K back 2017.

Its okay to have less profit than having a loss but to have wasted years for it may not be worth. Anyway, if you have waited this long then maybe you are also willing to wait for a little longer to see it fly up again if you believe there will still be bullrun one day.
Every decision a person makes is different and it is his right. The decision taken will certainly have consequences that will be borne later.
Regret will certainly be there because he did not sell it earlier and waited for the price to be very far from what was expected.
Waiting a long time must also get the appropriate results. The possibility of flying back depends on the token project, whether the developer continues to develop it or not.

Here we also learn how to mentally regulate so that you can make good decisions and take the risk.


Title: Re: It's ok if your profits are less
Post by: Ridwan Fauzi on July 09, 2020, 02:34:50 AM
Greedy is not for every trader, I often to meet a situation where I've got profit if I sell my coin at the current price but I was greedy and expect that the price will up more than that but in the fact it was just failed to broke the strong resistence and fall again until I got lost.

You have choosen a good decision mate, at least you still get a profit although you sell them and get 2 ETH. However, have you try the trolling profit? I mean when the price increase and you put to sell below the price increase and so on when the price keep increase so as when the price fall you'll not lose and have a profit.


Title: Re: It's ok if your profits are less
Post by: ChiBitCTy on July 09, 2020, 02:38:20 AM
As a trader sometimes you simply have to take a loss. In my opinion it can sometimes be harder when to know how to pull a loss than a win.  You need to be able to do both based of an action plan that should be set up prior to execution.


Title: Re: It's ok if your profits are less
Post by: MCobian on July 09, 2020, 04:44:33 AM
It doesn't matter just making a little profit, compared to losing. In the world of trading it's not problem a big or small profit we produce.
But we can make profits continuously and can avoid losses that are most important things in trading. No need to regret when the coins that we
sell the price goes up, than when there is an opportunity to make a profit we delay and finally the coins dropped in price. Remember in trading
do not be greedy.


Title: Re: It's ok if your profits are less
Post by: yhiaali3 on July 09, 2020, 06:36:42 AM
The same thing happened to me almost two days ago I had 50,000 doge and sold it at 26 Satoshi = 0.0125 BTC and then about a day or two later I was surprised that the price of Doge rose to 52 Satoshi means almost double if I sold it at this price i would get 0.025 BTC.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.


Title: Re: It's ok if your profits are less
Post by: isaac_clarke22 on July 09, 2020, 09:07:59 AM
Much better than nothing at all. We just start practicing ourselves to be grateful on whatever profits we achieved. Even if it’s just $1.00 or below, it’s still profits.

However, if we lose on a trade, there’s still something that we can be thankful for. If we lose on something, we learn from the experience and gives us the opportunity to get better in our decisions when trading cryptocurrencies.

This is what I’ve been telling myself no matter if we profit or lose in cryptocurrency trading. Just be grateful.
I am even happy it it was cents  :D.
As long as it is a profit, I'll take it. Better than nothing and the important thing is you're still getting into the ropes quite well.
Too bad that didn't happen for me in my day trading experience, as I earned none and I was still learning tutorials in Youtube.
I think it's normal anyway.


Title: Re: It's ok if your profits are less
Post by: Oasisman on July 09, 2020, 09:30:47 AM
The same thing happened to me almost two days ago I had 50,000 doge and sold it at 26 Satoshi = 0.0125 BTC and then about a day or two later I was surprised that the price of Doge rose to 52 Satoshi means almost double if I sold it at this price i would get 0.025 BTC.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.

As long as you have set a target where you're comfortable with the profit, then that would be fine, since nobody knows when will an alt will pump or dump. As far as I have noticed, Alts are easier to be manipulated resulting to the pump and dump group than Bitcoin. So, you need to have a very high risk tolerance when you're aiming for bigger profit.

Anyway, consider it as a bonus If you have cashed out double with your target.
Never forget that, It's the greed that makes someone lose everything.


Title: Re: It's ok if your profits are less
Post by: Shasha80 on July 09, 2020, 09:34:13 AM
This is called a good trader, because it appreciates whatever profits are made. We don't need to make big profits to become successful traders,
the most important thing is that you can make a profit even though it is small. If we have no problem getting a small profit, that means we are
has managed to control emotions so as not greedy. That's something good to achieve.


Title: Re: It's ok if your profits are less
Post by: yhiaali3 on July 09, 2020, 09:58:12 AM

Anyway, consider it as a bonus If you have cashed out double with your target.
Never forget that, It's the greed that makes someone lose everything.

Yes, true, this is a basic rule in trading contentment and lack of greed, as you said, as long as I set my goal, I must be satisfied with what I got and do not aspire to get more because that may cause you a severe loss if the price comes back down again. So one must be satisfied with the goal he has set before him. This is a lesson I learned in life in general, not just in trade.


Title: Re: It's ok if your profits are less
Post by: Ronaldcoin2017 on July 09, 2020, 11:16:09 AM
I think it is still ok even if the profit is less as long as we have profit, it is better than lossing maybe sometimes we wanted to earn a big amount of profit but sometimes big profit needed a big amount of capital so if we loss we can loss big amount of money big profit comes with a great loss if we are not lucky, so i think we need to be thankful even if we earn small amount.


Title: Re: It's ok if your profits are less
Post by: tvplus006 on July 09, 2020, 11:32:49 AM
...So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

One successful trader explained his profit in trading by always closing orders early. Today you got a profit and should be happy about it. After all, everything could have turned out differently, and today the price could decrease and you could get a loss from such a transaction.
True but I would like to add a point here that is, once the price rise for a particular coin and you are holding it for a long time then better wait a little bit longer because usually when a coin goes up, it will go up by a good number and once it starts to drop then that is best time to sell off your coins.

I am not at all saying OP made a mistake by selling at 0.002 eth but since the price moves up he could have waited a little longer and if it started to drop then that is the best time to sell. It's like you hold an asset for long time and when the time came to cash your trust you just cashed it too early. So, yeah while you made profit still you should learn a few market tactics like never sell a coin that is moved up recently and when a coin is going don't just buy it until it touches bottom and starts getting up again.

This is all theoretically true, but the practice is sometimes quite different. I have often come across the fact that the price of a coin after a strong growth also fell strongly and quickly in price. Each trader solves this problem independently in order to sell at high and buy at low.


Title: Re: It's ok if your profits are less
Post by: rodskee on July 09, 2020, 12:04:16 PM
This is called a good trader, because it appreciates whatever profits are made. We don't need to make big profits to become successful traders,
the most important thing is that you can make a profit even though it is small.

Profits still a profit, whatever amount you've gained from each trading position that you take, if you earned
something its considered as winning trade.

If we have no problem getting a small profit, that means we are has managed to control emotions so as not greedy. That's something good to achieve.

Not greed but instead a wise trader, being contented with small profits gives you much higher chance to
continue gaining with your investment,.


Title: Re: It's ok if your profits are less
Post by: Dart18 on July 09, 2020, 03:07:57 PM
Many of us will not feel the same way.
The good part is you overcome the regret.

That is still 1.2 ETH which is still a good number when converted.
But, when you feel there is already profit you does thing at your own instinct.
You still did well. Congratulations.


Title: Re: It's ok if your profits are less
Post by: posi on July 09, 2020, 03:18:29 PM
Many of us will not feel the same way.
The good part is you overcome the regret.
Thats correct because our level of understanding can not be the same and in the OP situation he sold less utility token for utility coin which i believe is a well decision.

That is still 1.2 ETH which is still a good number when converted.
But, when you feel there is already profit you does thing at your own instinct.
You still did well. Congratulations.
I think the OP is somehow fond of the token and selling it when the price is not much high make him somehow regret.


Title: Re: It's ok if your profits are less
Post by: Review Master on July 09, 2020, 04:04:21 PM
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

This type of situations happened with me at least 5 times in this years and my condition was just like you.Till now, I usually do bounties and get some payments and all are well known that every bounty tokens sometime dump in a large range after the distribution/listing. So, i trigger to sell off my tokens in part by part to make some profit as well not to dump the token. After some days or weeks of selling that tokens ,it's started to pump and i also speculated that it would do so. But i already sold that. That's why it's better to hodl if anyone in low profits. (It's only for real projects ,not for the shit projects which are just dumped after listing. )


Title: Re: It's ok if your profits are less
Post by: matchi2011 on July 09, 2020, 04:11:34 PM
The same thing happened to me almost two days ago I had 50,000 doge and sold it at 26 Satoshi = 0.0125 BTC and then about a day or two later I was surprised that the price of Doge rose to 52 Satoshi means almost double if I sold it at this price i would get 0.025 BTC.
Aside from TikTok news, not sure what makes investors or traders to fomos buying this coin, with that timing it's really annoying
to see but you ain't sure that it will happened haven't got any ideas that investors will buy that news and
start pushing the price up.

Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.

Indeed, this kind of situation is not new to this market, the volatile nature of this business plus the whales who loves working with traders emotions.


Title: Re: It's ok if your profits are less
Post by: Josefjix on July 09, 2020, 06:22:01 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

This same logic applies to everyone within the Crypto ecosystem take for example the person who shopped with a couple of Bitcoins in 2009 for few cents will forever be in regret as the price of Bitcoin was so high few years back, it is good you made some profits on the long run.


Title: Re: It's ok if your profits are less
Post by: Lordhermes on July 09, 2020, 07:22:15 PM
Hey Buddy, what you really did was "Lucky trading" this type of trading is emotionally attached, no plan to foresee the future. If you might have gotten little loss, you won't have come here to give testimony rather you be in your room crying alone.
That's not how it's supposed to be. There are some necessary self questions required, what behind Eidoo that attracts you to their coin to hodl.? Is there any new developments? did you observe trading strategy on the chart?  If these weren't in your thinking, then you probably got the little gain in lucky way.


Title: Re: It's ok if your profits are less
Post by: ReiMomo on July 09, 2020, 07:27:40 PM
~snip~
Not greed but instead a wise trader, being contented with small profits gives you much higher chance to
continue gaining with your investment,.
That's extremely a good mindset if you are a good trader. A wise trader and being contented even if that is a small profit and yes, even that is a small profit that you've obtained, considered as a profit.

OP did a good decision, though OP missed the higher amount I think that is far better because OP cans till able to get profit even though the coin he had was almost dying and maybe become a shit coin. I can consider that OP was still lucky.

Learn to be contented and be patients at all times. Make sure you will never sell your investment coin under the price you've been purchased.


Title: Re: It's ok if your profits are less
Post by: harizen on July 09, 2020, 07:58:09 PM

You won't know what will happen next. It's good that you were able to sell some for profits. Don't regret any of your actions as you can trade again that coin if you want to add it to your portfolio list.

We can't determine what price should be considered as a "peak" therefore we have to rely on our own observation and analysis for that. What should be the next thing to do will be based again on your own analysis starting from the question, "Is this coin really worth trading?"


Title: Re: It's ok if your profits are less
Post by: SARA ISLAM on July 09, 2020, 08:29:28 PM
Just try to do technical analysis by turning off news or panic trading, if you do the technical analysis you will be able to catch the signal at least near the correct entry-exit point, then if you can't take max profit then you can take 60% to 70% profit. Happy trading.


Title: Re: It's ok if your profits are less
Post by: davinchi on July 09, 2020, 09:49:51 PM
As we can see from this topic, a lot of people had one time or another managed to sell at a profit that went out to be a bigger profit if they waited. This is not the bad way, this is actually the only way that bitcoin could be all profit and no loss for people. When you are trading everyone thinks that "in order for someone to profit, another one has to lose" and that is not true, let's say you buy bitcoin at $9.2k right now, and you sell it at $14k, and the person who bought it sells at 18k? That means both of you made money.

Obviously, it can't continue forever so it will have a hard time not to have a loss, but between the two of you that started the initial trade, you guys both made a profit. Hence, why I think there is really no reason to be upset about not making more profit as long as you made some profit.


Title: Re: It's ok if your profits are less
Post by: Quidat on July 09, 2020, 09:54:44 PM
The same thing happened to me almost two days ago I had 50,000 doge and sold it at 26 Satoshi = 0.0125 BTC and then about a day or two later I was surprised that the price of Doge rose to 52 Satoshi means almost double if I sold it at this price i would get 0.025 BTC.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.

As long as you have set a target where you're comfortable with the profit, then that would be fine, since nobody knows when will an alt will pump or dump. As far as I have noticed, Alts are easier to be manipulated resulting to the pump and dump group than Bitcoin. So, you need to have a very high risk tolerance when you're aiming for bigger profit.

Anyway, consider it as a bonus If you have cashed out double with your target.
Never forget that, It's the greed that makes someone lose everything.

When it comes to intensity in talks of profits then nothing beats out with Altcoin since these are low cap and low valued ones which means multiplier on said possible pump manipulation will really give out that kind of profits that cant really be attained nor achieved if we do deal up with Btc or other top alts in the market. People are just way too greedy when they do still regret that they had sold earlier which they didnt think of to be grateful on the money that they had gained on doing such decision compared if they do let themselves decide when its already too late. Accept as it is and then repeat the same process.


Title: Re: It's ok if your profits are less
Post by: Tahsin Kabir Kollol on July 10, 2020, 05:37:00 AM
Profit more or less It is not important to acquire trading skills because the purpose of a skilled trader is to reduce the amount or possibility of loss as a result of proper experience and application of skills. Every trade has a profit-loss and a skilled trader is one who can avoid the possibility of loss. Even if your profits are a little low, if you can protect yourself from losses, you will become a successful trader. By trading with a view to different aspects of market analysis, you can manage your profits big by minimizing losses, and sometimes you have to trade efficiently, even if the profit is small.


Title: Re: It's ok if your profits are less
Post by: palle11 on July 10, 2020, 07:48:48 AM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

When you are feeling bad that you sold at a lesser price, remember you have waited a long time.
Remember you didn't loss.
Remember you have prayed for an increase.
Remember the profit would have been reinvested in another investment.
Remember it would have gone down below after you sold.

Bottom line, you took a decision you wanted at the point or moment.
Move on and be happy with your decision.


Title: Re: It's ok if your profits are less
Post by: carlisle1 on July 10, 2020, 09:02:50 AM
The same thing happened to me almost two days ago I had 50,000 doge and sold it at 26 Satoshi = 0.0125 BTC and then about a day or two later I was surprised that the price of Doge rose to 52 Satoshi means almost double if I sold it at this price i would get 0.025 BTC.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.
That's why most of us Handle our currency in longer time.

Because i don't wanna blame myself selling for lower price when in the next weeks or month the Value will grow higher that i will regret after.
There must be profit and loss in trading Sometimes it'll be far more and sometimes it'll be less nobody can give accurate information about when the market will rise therein case if there's a loss we'll be ready to reduce the quantity of injury by analyzing it well later. Therefore to become a successful entrepreneur one has got to attempt to move forward by using one's skills without analyzing the quantity of profit and loss which helps us to possess a bright future.
This is what trading means mate,we must lose sometimes to prove that the market is legit and Healthy.

We must win in sometimes to recover the lose and continue our living having cryptocurrency.


Title: Re: It's ok if your profits are less
Post by: lienfaye on July 10, 2020, 09:53:19 AM
What you did is fine, as long as you gain from your investment it is always good hence dont feel bad seeing the price increased right after you sell. I have a coins that im holding for two years came from bounty, the price year 2018 is quite high but I missed that chance to sell since I didnt had the rewards yet at that time. Then the price slowly decreasing but I chose to hold hoping the price will went up again but it didnt happen. Now im still waiting for an increase, though I didnt use capital to have it, im fine selling it if the price increase a bit.


Title: Re: It's ok if your profits are less
Post by: Janation on July 10, 2020, 12:28:07 PM
What you did is fine, as long as you gain from your investment it is always good hence dont feel bad seeing the price increased right after you sell. I have a coins that im holding for two years came from bounty, the price year 2018 is quite high but I missed that chance to sell since I didnt had the rewards yet at that time. Then the price slowly decreasing but I chose to hold hoping the price will went up again but it didnt happen. Now im still waiting for an increase, though I didnt use capital to have it, im fine selling it if the price increase a bit.

If that coin is consistently falling through time, I guess it might continuously fall down to its death.

Unless it is one of those stable coins that has a chance to increase though I am not saying that it won't increase anymore. Most of the coins I hold for more than 2 years fell slowly down amd I am still checking it right now and it is still falling down right now. Luckily I sold it last year.


Title: Re: It's ok if your profits are less
Post by: akram143 on July 10, 2020, 01:45:23 PM
No one can say what will happen in the future so it is always better to reap your profits when it is available, don't want for the prices to reach all time high because you can never sell coins at perfect peak, it may happen if you are lucky enough.Always have low profit margin and sell your assets when you have reached that value and keep doing the same thing again and again.


Title: Re: It's ok if your profits are less
Post by: XCANA on July 10, 2020, 01:45:46 PM
Greediness won't allow many take profit they want to take, many have lost their profits from trade and investment because of "let me see the next move which can give me 100% profit", this has lead many astray. Take your small profits and wait for the next move than going empty handed at last. Some of my trade profits are not higher than 5%, because am not greedy like others, though, if I discover the signal is solid for positive move then I will wait but with caution.


Title: Re: It's ok if your profits are less
Post by: noorman0 on July 10, 2020, 03:04:52 PM
_snip_
But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

That's a normal emotion of a trader, but you should no longer think about profit targets with this situation. At least, you have gotten the results of your efforts to hold the coin for a long time.
I don't think it's possible to predict prices when the coin is about to die. There is no chart history that can be analyzed beforehand.


Title: Re: It's ok if your profits are less
Post by: Yamifoud on July 10, 2020, 03:11:51 PM
Greediness won't allow many take profit they want to take, many have lost their profits from trade and investment because of "let me see the next move which can give me 100% profit", this has lead many astray. Take your small profits and wait for the next move than going empty handed at last. Some of my trade profits are not higher than 5%, because am not greedy like others, though, if I discover the signal is solid for positive move then I will wait but with caution.
Like saying 3-5% profit, I think that is not greediness instead, it is just a goal and I know that everyone has its own goal as well just like you do. Nothing it harms to look for high or even higher at 5% but one thing to consider also the market situation. Do we expect that holding for 10 years our portfolio will be double? Not exactly and truly we can't assure of that. That is why holding for many years isn't really matter but to listen and observe how the market moves. Isn't possible to sell right after we bought any coins if we saw some profit, why not take the chance?

yeah, greediness has no place in crypto. We can assure nothing, only we have less possibility that our holding will be double. Thus, having small gains is very important and not to lose it.


Title: Re: It's ok if your profits are less
Post by: thesmallgod on July 10, 2020, 03:47:51 PM
What you have highlighted happens to every traders. The most important thing is that you are able to make profit. Some people would have said you lack patient but that is not true. They would have said otherwise if you recorded a loss. You made a recent profit although you hold the coin for a long time and I will advice in case of other time to always monitor the development of project you are holding its token. That couldn't have been the first or second time the token will hit the current price since you have started holding it


Title: Re: It's ok if your profits are less
Post by: Kasabus on July 10, 2020, 03:59:31 PM
What you have highlighted happens to every traders. The most important thing is that you are able to make profit. Some people would have said you lack patient but that is not true. They would have said otherwise if you recorded a loss. You made a recent profit although you hold the coin for a long time and I will advice in case of other time to always monitor the development of project you are holding its token. That couldn't have been the first or second time the token will hit the current price since you have started holding it
Yes. This is already a great achievement for a holder or even a trader because of the fact that crypto market is so unpredictable and does not guarantee any profits. It's better to make a profit even with a less amount than to keep on holding or trading but still end up losing. Being greedy will not really help at all. Be thankful and contented on whatever you have earned.


Title: Re: It's ok if your profits are less
Post by: iv4n on July 11, 2020, 08:59:10 AM
In all the nuances that arose during the trading, the financial managers of Amarkets helped me understand.


There is nothing to be disappointed with when it involves trading crypto Crypto means you've got to manoeuvre forward by working with risk. The wise thing to try to to in business is to be short it is easy to handle and goes through little or no if damage.


It's trading and I think that every trader was in similar situations, more than once of course. I agree that it shouldn't be a disappointment, but it is, everytime when it's happen. But who works makes mistakes, we all learn from practicing, from making mistakes and analysing them to find what went wrong.
With trading you need to be ready for everything, and the more you trade in more different situations you will get yourself, sometimes mistakes will be made, you will face with loses and making hard decisions, but all that makes trading interesting.


Title: Re: It's ok if your profits are less
Post by: BuNga_cute on July 11, 2020, 12:33:14 PM
It is not easy to make profit in crypto trading, so if you succeed in taking profit even if the value is small below the target you want.
It was a success in my opinion, imagine if we insisted on wanting to get big profits. But in the end it actually suffered losses, because
coins price suddenly drops, it is more painful in my opinion.


Title: Re: It's ok if your profits are less
Post by: adzino on July 11, 2020, 02:16:43 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
So, basically you are saying that it is better to quit when you have already made profit. I mean, you don't want to risk further and just exit as soon you see you have made your profit. But, why did you quit? You had a goal of making 3x profit, why didn't you stick to it?
Is it because you couldn't trust the coin you were holding? If so, why would you invest on it in the first place?


Title: Re: It's ok if your profits are less
Post by: wozzek23 on July 11, 2020, 09:07:04 PM
Whenever I am investing I always have my targets that I want to hit. Sometimes I hit that particular target and sometimes it’s more or less, but as long as you’re making profit, then you’re good to go. It’s not a must that you’re going to make too much of a profit before you sell. There are people who are greedy, and they always wants to make too much profit, but at the end they are usually the ones that would be disappointed, and you will always see them complaining. I have other things that I am into, and when I make profit I use it and invest in other business that will help me grow.


Title: Re: It's ok if your profits are less
Post by: Ryker1 on July 11, 2020, 09:25:11 PM
Whenever I am investing I always have my targets that I want to hit. Sometimes I hit that particular target and sometimes it’s more or less, but as long as you’re making profit, then you’re good to go. It’s not a must that you’re going to make too much of a profit before you sell. There are people who are greedy, and they always wants to make too much profit, but at the end they are usually the ones that would be disappointed, and you will always see them complaining. I have other things that I am into, and when I make profit I use it and invest in other business that will help me grow.
Well, you have a point there but on my own, it depends on the project that I invested. If I saw the potential of the project after listing, I will hold until my desire profit will hit and also if I saw their community is too active like social media group. Because regret will always there, --you will also regret it when you saw that the value was increased 10x fold than the price when you sold it. Analyzing is a term that your common sense will be activated before making the decision of selling. Indeed, if you don't have a choice, a small profit will fine as long as there is a profit.


Title: Re: It's ok if your profits are less
Post by: DevilSlayer on July 12, 2020, 03:08:12 AM
It is all about of greed I think, all of humans have this kind of emotion and for sure most of us experienced it before especially when the last bull run happened last 3 years ago. We experience happiness when we saw that the coin that we are holding is continuing to make all time high and are confidently holding because we thought that the price will become more expensive. That is experienced is what we called greed but whenever the price reached its peak and it is now making lower lows and lowers highs, our emotion is basically at hope and faith situation because we do not want to see that the price go down. I know that all of us have regrets when it comes to trading but we should overcome it and learn from it to avoid same mistakes again.


Title: Re: It's ok if your profits are less
Post by: ancafe on July 12, 2020, 05:11:32 AM
It is not easy to make profit in crypto trading, so if you succeed in taking profit even if the value is small below the target you want.
It was a success in my opinion, imagine if we insisted on wanting to get big profits. But in the end it actually suffered losses, because
coins price suddenly drops, it is more painful in my opinion.
therefore, it is better to have a little profit than nothing. some people sometimes still hold back their profits even when prices go up very high. Well, I feel that, when I have a pumped coin, I always hold it in the hope that the price will be higher. it's just that, when prices go back down, it really makes a pretty big disappointment.


Title: Re: It's ok if your profits are less
Post by: Desscount on July 12, 2020, 03:54:25 PM
of course it should be OK, if we still feel inadequate, then lose will overtake,
I already have that experience, when trading do not regret wherever you sell it


Title: Re: It's ok if your profits are less
Post by: B.wealth on July 12, 2020, 09:54:34 PM
Making profit is the main deal, it is not always easy to wait till the stage of making gain, it takes more than 2 years for some coins to appreciate in value to a stage traders can sell and make profit, so is good you are happy about the small profit you made, some don't even wait to make that small profit because they sold at loss before the small pump.


Title: Re: It's ok if your profits are less
Post by: BitcoinTurk on July 13, 2020, 06:37:58 PM
If we need to make an overview in general, as amateur investors are the main target, we can see that many investors or traders have not been able to earn money because of their high profit margin targets, but they have lost money because of their enthusiasm. For example, in late 2017, thousands of investors who had no knowledge or experience about cryptocurrencies bought Bitcoin or alternative cryptocurrencies and made a huge mistake by targeting a very high profit margin with the eagerness to get rich. However, instead of expecting such a big earning target, if they had made the sales transaction in January 2018, these investors would still have received a very good return. For this reason, I claim that you should not be greedy both in investment and trade and I recommend that you determine your profit margin at levels that will satisfy you without exaggerating.


Title: Re: It's ok if your profits are less
Post by: Lanatsa on July 13, 2020, 07:48:37 PM
If we need to make an overview in general, as amateur investors are the main target, we can see that many investors or traders have not been able to earn money because of their high profit margin targets, but they have lost money because of their enthusiasm. For example, in late 2017, thousands of investors who had no knowledge or experience about cryptocurrencies bought Bitcoin or alternative cryptocurrencies and made a huge mistake by targeting a very high profit margin with the eagerness to get rich. However, instead of expecting such a big earning target, if they had made the sales transaction in January 2018, these investors would still have received a very good return. For this reason, I claim that you should not be greedy both in investment and trade and I recommend that you determine your profit margin at levels that will satisfy you without exaggerating.
Dont get yourself caught in Fomo!
Dont get yourself to be caught in Fud!

These are the main things that people should really be careful on and i agree that setting out realistic goals will be always preferable compared to those who do set high line
which would really result into devastation when things turns out to the opposite way.

Be contended on what you had generated and dont ask for more because if you do have this kind of mindset then you are really bound to experience several mistakes which might
result into total wreck.


Title: Re: It's ok if your profits are less
Post by: uneng on July 14, 2020, 12:19:54 AM
Any profit is better than no profit. And always keep in mind that every experience trading teaches you something new that will be useful for you on your next trade. To not be greedy is a very important part of the learnship and without practicing this you won't stay in game for too long.
Be thankful for your small profits because it's through them you will achieve the bigger wins!


Title: Re: It's ok if your profits are less
Post by: Savemore on July 14, 2020, 03:24:44 AM
If we do trading, there are only 3 results that we have and these are: win big, win small and lose small. What I do not want is to lose big and it is the reason why I have good risk management skill. Of course it is frustrating whenever we lose big that is why we should have stop loss strategies in order for us to avoid losing big amount of money. It is okay if you earn small profit because it is still a profit, do not push yourself in the things that you cannot control.


Title: Re: It's ok if your profits are less
Post by: CryptopreneurBrainboss on July 14, 2020, 11:41:10 AM
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

You didn't lose if you sold in profit before a sudden rise in price of any investment you're holding. Don't act greedy and possibly loose all you already earned. Personally I have been in similar situations which one happen recently although I wasn't mad since I knew I followed by existing strategy.

Like I always say, it's better you sell in profit then lost irrespective of what the profit is unless you're planning to invest from a very long term. That's the only time you should avoid any side distractions and focus on your goal.


Title: Re: It's ok if your profits are less
Post by: CarnagexD on July 14, 2020, 11:59:54 AM
of course it should be OK, if we still feel inadequate, then lose will overtake,
I already have that experience, when trading do not regret wherever you sell it

Regret is normal because mistakes are always there due to the risks in trading. The only important thing in trading is when you know how to accept mistakes and move on. Learning from your mistakes is effective to correct it the next time you perform transactions. Once you make a mistake, don't forget to treat it as a lesson.

It is also okay if you feel that your profit is not that high compared to other people.

Traders should start from a small progress because when you already reach a large process, your trading journey will not become fun and you will not learn more about trading experiences. Sometimes we just need to experience ups and downs in trading for us to see the reality of how trading works.


Title: Re: It's ok if your profits are less
Post by: Dilerium90 on July 14, 2020, 12:13:21 PM
Trading on any markets is 90% psychology firstly. During trading, our most base instincts wake up: greed, cowardice, stinginess, fear of losing profits, fear that the price will fly away without you, euphoria and so on. The fact is that we can never buy a coin at the very bottom and sell it at the highest rate. You just have to put up with it. And if you are in profit, then everything is all right.


Title: Re: It's ok if your profits are less
Post by: Hypnosis00 on July 14, 2020, 04:30:04 PM
Trading on any markets is 90% psychology firstly. During trading, our most base instincts wake up: greed, cowardice, stinginess, fear of losing profits, fear that the price will fly away without you, euphoria and so on. The fact is that we can never buy a coin at the very bottom and sell it at the highest rate. You just have to put up with it. And if you are in profit, then everything is all right.
For some traders, the price will really matter as it correlates to how much you gonna earn. But being a greedy person who are asking for more and never been contented enough, they will never be satisfied to just get 2%, 3% but most likely they want to double it. But I believe that they are just few now, most of us had already learned from this mistake. What really matters now is to even have some at least. We really don't know what will happen next that we should have to consider every opportunity that strikes that to lose it forever.

Bitcoin trading is risky and the market is so volatile that is why we have to act smart as well and make decisions wisely. We can't be successful if we can't manage our trade wisely.


Title: Re: It's ok if your profits are less
Post by: FanEagle on July 14, 2020, 08:29:50 PM
I would say that the most important thing in trading is to keep your emotions out of the calculation and as long as you do that even losing is not a big deal if you do not lose too much.

For example, there was a friend of mine that profited and that meant that he could have just walked away, but he saw the price going up and that didn't really sit well for him and dude just bought it back up again from high level prices, so of course he lost some money but there wasn't too much to do, dude just sold at mid level and bought back at peak, that is not how you do trading at all.

In the end if you want to make a profit, just wait, wait a bit or wait a lot but wait, when you wait in the end you do end up making as much profit as you can and just get out right away, do not wait 100x, take your 10% profit and leave.


Title: Re: It's ok if your profits are less
Post by: Sebas.tian on July 14, 2020, 08:45:32 PM
of course it should be OK, if we still feel inadequate, then lose will overtake,
I already have that experience, when trading do not regret wherever you sell it
We also achieve more if we understand the market seriously. Many traders don't have the knowledge of getting their profits even in a small rate because they always forget to apply the stop lost to their trades. Many atimes, whenever I forget the stop lost I usually experience some slight lost in my trade. Let us always apply into our trade the stop lost methodology, this will help our trading into profit.


Title: Re: It's ok if your profits are less
Post by: Renampun on July 14, 2020, 10:32:31 PM
of course it should be OK, if we still feel inadequate, then lose will overtake,
I already have that experience, when trading do not regret wherever you sell it
trading does not need remorse, you must be prepared with mistakes in the decisions you make...
selling or buying is your full decision, so no need to regret what happens, when you make a wrong decision, you only need to learn from these mistakes, regret in trading will only make you unfocused, make mistakes as a lesson, so you can make decisions that are right in the future.


Title: Re: It's ok if your profits are less
Post by: Kelvinid on July 14, 2020, 10:56:22 PM
of course it should be OK, if we still feel inadequate, then lose will overtake,
I already have that experience, when trading do not regret wherever you sell it
trading does not need remorse, you must be prepared with mistakes in the decisions you make...
selling or buying is your full decision, so no need to regret what happens, when you make a wrong decision, you only need to learn from these mistakes, regret in trading will only make you unfocused, make mistakes as a lesson, so you can make decisions that are right in the future.
That is why we don't let things like to happen again.
We have once committed mistakes, the next would also acceptable but don't let it happens in the 3rd time. Greediness is had a big influence in decision making, a thing that we can't avoid but have to control it for this is a reason that will let us down.

The market is so tricky and so volatile, and we have to decide wisely. If we already saw some gains, that might be our chance to get it. Because in reality, we can't tell that price will keep rising and that a chance to lose if we are so greedy to think about more and more.


Title: Re: It's ok if your profits are less
Post by: LbtalkL on July 14, 2020, 11:12:16 PM
Profit is profit and you got some good profit over there, It is better to take small sure profit than nothing. You can wait for another dip if it happens and make some more coins out of it. If you bought it at 0.001 and it turned to 0.002 which is a 100 percent gain if I am not mistaken. Sometimes in trading, we make some bad calls or regret but at least you don't lose this time it better than being greedy.


Title: Re: It's ok if your profits are less
Post by: carlfebz2 on July 14, 2020, 11:22:22 PM
of course it should be OK, if we still feel inadequate, then lose will overtake,
I already have that experience, when trading do not regret wherever you sell it
trading does not need remorse, you must be prepared with mistakes in the decisions you make...
selling or buying is your full decision, so no need to regret what happens, when you make a wrong decision, you only need to learn from these mistakes, regret in trading will only make you unfocused, make mistakes as a lesson, so you can make decisions that are right in the future.
That is why we don't let things like to happen again.
We have once committed mistakes, the next would also acceptable but don't let it happens in the 3rd time. Greediness is had a big influence in decision making, a thing that we can't avoid but have to control it for this is a reason that will let us down.

The market is so tricky and so volatile, and we have to decide wisely. If we already saw some gains, that might be our chance to get it. Because in reality, we can't tell that price will keep rising and that a chance to lose if we are so greedy to think about more and more.
To be effective and letting yourself survive into this very unpredictable market then you should set up yourself to be contented on what profits that you can possibly make a on specific matter of time.

Dont be greedy since this one would be the main reason that will surely result into loss of money and its true that mistakes are inevitable but dont just let it happen for several time.

Learn from your mistake and study it out so that in next time you are already aware on what would possible happen on most chances.


Title: Re: It's ok if your profits are less
Post by: Idrix1 on July 14, 2020, 11:49:45 PM


But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

The perfect way to survive in this volatile market is to cut off greed and being ready to accept the you can't always win it big as you have to accept some low profit if the hefty project haven't show up yet. I believe so far a person is not running on loss, it is not a bad call trading your holdings for a much lesser price than envisioned


Title: Re: It's ok if your profits are less
Post by: GreatArkansas on July 15, 2020, 02:20:46 AM
Let's say those "less" OP is saying will you able to get at consistent.
Let's say "less" profits everyday with consistent, and maybe let's see there is 1 or 2 days in a week you can't get those "less" profits, you lost, but the rest of the days in a week is profits even less.
If you are able to maintain that, your portfolio is healthy, even less but consistent, there is nothing wrong.


Title: Re: It's ok if your profits are less
Post by: Salauddin1994 on July 15, 2020, 02:59:15 AM
In the case of crypto trading most people want to make a profit. However, the most profitable losses. It is better to start with small capital. By buying at a lower price we get more profit by selling at the highest price. I think it's okay if the profit is low but it shouldn't always be there. We have to increase the amount of capital gradually so that we can make more profit from less profit.


Title: Re: It's ok if your profits are less
Post by: perfect999 on July 15, 2020, 09:07:53 AM
In the case of crypto trading most people want to make a profit. However, the most profitable losses. It is better to start with small capital. By buying at a lower price we get more profit by selling at the highest price. I think it's okay if the profit is low but it shouldn't always be there. We have to increase the amount of capital gradually so that we can make more profit from less profit.
You might be a little misguided here because the theory we are discussing in this thread is not about capital size but suppose you invest $10k and you chose to cash your profits for a certain coin/asset at $100 profit while later you could have earned like $500 so is it worth to cash the trade early and be satisfied with little profits or we should wait and chase the larger profits.

I personally always prefer to cash my profits at initial stages rather than to wait for long time and maybe even end up in loss what was an easily profitable trade initially.

I do agree with you in general that a new trader should enter the market with minimal capital such that he does not have to worry about loosing it and can explore all the trading options with the small capital without the risk of loosing too much.


Title: Re: It's ok if your profits are less
Post by: KnightElite on July 15, 2020, 10:59:56 AM
We should not be greedy because our emotions can affect our further decisions, If we win small profit then we should be happy and we should appreciate it. Many people are not happy with small profit because their greed control them. I'm sure that there many traders there that regretted their decisions and they keep telling their selves like "I should sold the coin that I hold in its peak price". There are a lot of coin that making highs but because of greed, we didn't sell it immediately because our inner self telling that the price may increase more.


Title: Re: It's ok if your profits are less
Post by: chikading2016 on July 15, 2020, 11:12:20 AM
I think it is ok even if our profit is small or less it is fine than lossing, we need to still be thankful for it, because not all of the people around are still earning this time, some people are lossing. Sometimes people are becoming greedy and they didnt count thier pofit when they gain a vey small amount.


Title: Re: It's ok if your profits are less
Post by: Oasisman on July 15, 2020, 11:50:16 AM

I personally always prefer to cash my profits at initial stages rather than to wait for long time and maybe even end up in loss what was an easily profitable trade initially.

And how do you plan to cash out at the "initial" stage when the market is very unpredictable.

I can't think of any better action plan on how to eliminate the possibility of missing out during the rising trend of Bitcoin but setting a specific range where you're comfortable at before cashing out your profit, rather than making an immediate decision depending on the market situation.
This usually works on short and long term trading, as long as you're not chasing for a bigger profit.


Title: Re: It's ok if your profits are less
Post by: aioc on July 15, 2020, 01:48:59 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

A profit is always a profit small or big, you can always make an investment hodl your coins and make profit over and over again as long as you know how to pick the right coin to invest, be content on the profit however small it's an achievement, because of the market condition it's hard to invest on the right project that will give you profit.


Title: Re: It's ok if your profits are less
Post by: imstillthebest on July 15, 2020, 02:29:26 PM
ok so 1k eidoo coins you sold for over 2 eth  . that kinda shock me a bit because 2 eth isnt small  . at first i thought you are selling all for 0.002 eth and that makes me question why you think 0.002 eth is a good profit because for me that amount is so small  . if you will only sell for 0.002 eth its better if you dont sell at all  but its okay if you can wait for more  probabilities that can happen  .  anyway , 2 eth is alright mate , no need to regret  . you can earn that excess 1 eth you missed if you invest again or trade on the coins that you think profitable 


Title: Re: It's ok if your profits are less
Post by: jostorres on July 15, 2020, 08:14:22 PM
We should not be greedy because our emotions can affect our further decisions, If we win small profit then we should be happy and we should appreciate it. Many people are not happy with small profit because their greed control them. I'm sure that there many traders there that regretted their decisions and they keep telling their selves like "I should sold the coin that I hold in its peak price". There are a lot of coin that making highs but because of greed, we didn't sell it immediately because our inner self telling that the price may increase more.
It can be understood both ways actually because there are people who make small profits but on the other hand we have people who wait a little longer and take our maximum profits from their trades. They might end up loosing at times in greed for big but with crypto there are chances that he can also make 10-20 times of what he normally would so loosing a couple trades is fine because one big trade will recover all the small losses.

I think it is ok even if our profit is small or less it is fine than lossing, we need to still be thankful for it, because not all of the people around are still earning this time, some people are lossing. Sometimes people are becoming greedy and they didnt count thier pofit when they gain a vey small amount.
Yes and better than loosing to greed we satisfy us with smaller profits. But at the same time you have to have more faith if you are holding an asset for such a long time for years then you can easily wait for a couple more months to hope that the coin will move further up with time.


Title: Re: It's ok if your profits are less
Post by: Quidat on July 15, 2020, 09:47:01 PM

I personally always prefer to cash my profits at initial stages rather than to wait for long time and maybe even end up in loss what was an easily profitable trade initially.

And how do you plan to cash out at the "initial" stage when the market is very unpredictable.

I can't think of any better action plan on how to eliminate the possibility of missing out during the rising trend of Bitcoin but setting a specific range where you're comfortable at before cashing out your profit, rather than making an immediate decision depending on the market situation.
This usually works on short and long term trading, as long as you're not chasing for a bigger profit.

It would always matter on an individual on how he do set things up and as long we do able to see greens then that what matter most in most cases  but we know that people do mostly come or prefer to have much more profit thats why majority is waiting up for some bull run or high spikes in price before they do tend nor planned to cash out but for some they do prefer on gradual basis even on smallest margin of profit as long
its a gain then its a gain. period! Repeat the same process all over again until they do make theirselves profitable in long run. Losing is inevitable but due to nature of active trade, you can at least break even on what you have lost in shorter timeframe compared to those ones who do decide to hold up for too long period of time.


Title: Re: It's ok if your profits are less
Post by: babygun on July 16, 2020, 05:15:06 PM

I personally always prefer to cash my profits at initial stages rather than to wait for long time and maybe even end up in loss what was an easily profitable trade initially.

And how do you plan to cash out at the "initial" stage when the market is very unpredictable.

I can't think of any better action plan on how to eliminate the possibility of missing out during the rising trend of Bitcoin but setting a specific range where you're comfortable at before cashing out your profit, rather than making an immediate decision depending on the market situation.
This usually works on short and long term trading, as long as you're not chasing for a bigger profit.

I agree with you. For all my trades, I set up a price (or price range) to buy or sell. What I always try to do is only sell a part (with profit offcourse). The rest I hold in the hopes that some day the price goes crazy  ;D


Title: Re: It's ok if your profits are less
Post by: sandos on July 17, 2020, 02:43:18 AM
I like to stay at my profits very low Greed usually brings harm We make long-term investments in trading which are postponed for a particular period of your time. If the worth goes up we will make tons of profit but it requires patience. many of us invest impatiently and lose everything when it involves making a profit overnight without patience. Therefore first you've got to manage the market well then you've got to start out investing with a little amount.
After buying any coin, you should set the price to sell to ensure profit when participating and avoid greed because if you are greedy, things will be very different. I have been like this in the past and it is my obsession so in any investment I am very careful and avoid letting this happen again. Also, follow your original strategy and don't change it once you have decided to buy.


Title: Re: It's ok if your profits are less
Post by: Assface16678 on July 17, 2020, 07:07:56 AM
From my starting until now that I'm a successful trader base on my experience because even a small amount of profit or earning is a big deal to me which is a good thing to make more earning. Some of the people right now are aiming for the heavy and huge amount of market profit which is a good thing they do a large amount of money immediately but still, we are heading towards to get more mistakes.

I'm not a good trader which is a large earner but still, my goals are having a small amount of profit no matter what happens.

A small amount of profit is still a profit at the end of the day not all the time you can earn a lot of money easily just wait for your big turn.

After buying any coin, you should set the price to sell to ensure profit when participating and avoid greed because if you are greedy, things will be very different. I have been like this in the past and it is my obsession so in any investment I am very careful and avoid letting this happen again. Also, follow your original strategy and don't change it once you have decided to buy.

Some of the people even have enough funds and already win on their trades still they are looking for income and more money and sometimes this may cause too much greedy and this is riskier most of the people are dropping their income unexpectedly. Again the market is volatile which is not a good thing to you instead you already have a large amount of profit because of the changes it reduces immediately.


Title: Re: It's ok if your profits are less
Post by: lienfaye on July 17, 2020, 07:21:56 AM
I agree with you. For all my trades, I set up a price (or price range) to buy or sell. What I always try to do is only sell a part (with profit offcourse). The rest I hold in the hopes that some day the price goes crazy  ;D
In my case I prefer to hold for long period because im not good as a day trader. I have set target price when to sell but taking profit at times when the market is turning better. Im contented even with small profit because the fact that you still earn with your investment is a big thing already. So regardless of the profit as long as you gain, just shows that you're in the right track because you're not losing your capital and even gaining from it.


Title: Re: It's ok if your profits are less
Post by: Harriti on July 17, 2020, 07:48:21 AM
That is one of the psychology that successful traders have. they know what is enough and know how to cut losses. they are always awake to make important decisions and we need to study this guy. Newbie traders should not be greedy in the early days, we need to carefully analyze the market as well as adjust our profit plan to be more reasonable. We are still profitable anyway, no plan is 100% perfect, we need to tailor it to suit the market situation.


Title: Re: It's ok if your profits are less
Post by: Insanerman on July 17, 2020, 09:18:31 AM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
That makes your trade safer. And in fact that you already profited from holding the coin for a long time, your decision to sold for 0.002ETH is good. It is good move since that you thought that it might go back on a lesser value again We just do not know the price when you bought it. This is what I am doing on my bitcoin. Since I always had chances to buy it at $6000 mark, it's an opportunity to just wait for btc to reach $10,000 then I'm ready to sell it. In fact, I'm already satisfied on $9500. Just doing this cycle because it is effective. I actually losing nothing. Just takes time.


Title: Re: It's ok if your profits are less
Post by: rodskee on July 17, 2020, 09:42:34 AM
That is one of the psychology that successful traders have. they know what is enough and know how to cut losses. they are always awake to make important decisions and we need to study this guy.

It's very important to have a good goals when you are into this business, knowing
that the chance is always there
when you made a good decisions and you continue to stay focused with your own
sets of strategies.

Newbie traders should not be greedy in the early days, we need to carefully analyze the market as well as adjust our profit plan to be more reasonable. We are still profitable anyway, no plan is 100% perfect, we need to tailor it to suit the market situation.

Greed will only lead you to burned your money, though there's also a good use of
this emotion only if you already have
a good knowledge to make sure that you are going to benefits with your actions.


Title: Re: It's ok if your profits are less
Post by: pragna on July 17, 2020, 03:14:06 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

Yes, i always happy if i gain profit that may big or small. If i invest just 1 eth into any coin and if i got 0.3eth profit i am happy. After my sell it may go high price and at that time i may got 0.7eth profit but i never upset for that. Because at that point 0.3eth was very important to me and it its price down i had lost all profits even investment. So don't upset for big amount of profit give step small and make success.

thanks.


Title: Re: It's ok if your profits are less
Post by: Moyna Akter on July 18, 2020, 05:54:01 AM
It is important to trade with skill and patience. Taking more risks in the hope of extra profit can lead to massive loss of assets which is not desirable for a trader. Determining the rate of trading success is more important than increasing profits to increase efficiency. So safe trading should be done using skill and experience without taking extra risk in the hope of extra profit, even if the amount of profit is low, that's fine.


Title: Re: It's ok if your profits are less
Post by: tbterryboy on July 19, 2020, 09:31:08 AM
That is one of the psychology that successful traders have. they know what is enough and know how to cut losses. they are always awake to make important decisions and we need to study this guy. Newbie traders should not be greedy in the early days, we need to carefully analyze the market as well as adjust our profit plan to be more reasonable. We are still profitable anyway, no plan is 100% perfect, we need to tailor it to suit the market situation.
When you're having confident to make multiple small profits to sum up into big profits by the end of the day then you can go for booking small profits regardless of whatever capital amount you are trading with. Yes, I agree it is just a psychological factor and it will definitely helping you to become successful in crypto trading. I believe making small profits in this crypto markets too easier but I'm not sure why many people are not preferring it.

Being greedy must be one of the reason, why many traders are not preferring small profits. When you're comfortable with whatever positive results you're getting from your trading then that will definitely get you better position in your life just because of what you get as the over all profits from trading. Because, almost all the traders are looking for big profits and by the end of the day they are booking only losses due to market fluctuations. So, accepting small profits will help for sure.


Title: Re: It's ok if your profits are less
Post by: carlfebz2 on July 19, 2020, 09:55:28 AM
That is one of the psychology that successful traders have. they know what is enough and know how to cut losses. they are always awake to make important decisions and we need to study this guy. Newbie traders should not be greedy in the early days, we need to carefully analyze the market as well as adjust our profit plan to be more reasonable. We are still profitable anyway, no plan is 100% perfect, we need to tailor it to suit the market situation.
When you're having confident to make multiple small profits to sum up into big profits by the end of the day then you can go for booking small profits regardless of whatever capital amount you are trading with. Yes, I agree it is just a psychological factor and it will definitely helping you to become successful in crypto trading. I believe making small profits in this crypto markets too easier but I'm not sure why many people are not preferring it.

Being greedy must be one of the reason, why many traders are not preferring small profits. When you're comfortable with whatever positive results you're getting from your trading then that will definitely get you better position in your life just because of what you get as the over all profits from trading. Because, almost all the traders are looking for big profits and by the end of the day they are booking only losses due to market fluctuations. So, accepting small profits will help for sure.
In most cases on where this is the main reason why people do experience big loss before they do realize something that trading with the market doesnt work on that they had anticipated.

Small or big it doesnt matter as long you do able to see greens then that should really be enough and yet this is the most important thing to make yourself survive to this market.

Profits in small or gradual phase isnt bad as long its sustainable but due to greed, people are way too ambitious and too impatient.


Title: Re: It's ok if your profits are less
Post by: Nellayar on July 19, 2020, 10:11:35 AM
We have to think that there are always a trend in the market. Yes, today it is bull run season but we don`t know when it will moves down as well. Playing with small profits is a play safe when it comes in trading. Imagine, if it goes in reversal? You 2Eth might be gone. In trading, we should not be greedy because too much greediness can cause as zero capital and rekt. We can make money in small trading, so it is enough even you only got small profits.


Title: Re: It's ok if your profits are less
Post by: rodskee on July 19, 2020, 11:34:06 AM
We have to think that there are always a trend in the market. Yes, today it is bull run season but we don`t know when it will moves down as well. Playing with small profits is a play safe when it comes in trading. Imagine, if it goes in reversal? You 2Eth might be gone. In trading, we should not be greedy because too much greediness can cause as zero capital and rekt. We can make money in small trading, so it is enough even you only got small profits.

Very important to learn more about how place your entry to right place, timing
makes you to earned from this business.
Every time you make your position always anticipate that there are possibilities
that it might change the direction
make sure to plan ahead and assess whether to keep your position or if you
already need to cut your losses.
Act accordingly and you'll be able to execute good trades.


Title: Re: It's ok if your profits are less
Post by: DevilSlayer on July 19, 2020, 11:46:10 AM
We have to think that there are always a trend in the market. Yes, today it is bull run season but we don`t know when it will moves down as well. Playing with small profits is a play safe when it comes in trading. Imagine, if it goes in reversal? You 2Eth might be gone. In trading, we should not be greedy because too much greediness can cause as zero capital and rekt. We can make money in small trading, so it is enough even you only got small profits.

Very important to learn more about how place your entry to right place, timing
makes you to earned from this business.
Every time you make your position always anticipate that there are possibilities
that it might change the direction
make sure to plan ahead and assess whether to keep your position or if you
already need to cut your losses.
Act accordingly and you'll be able to execute good trades.

Timing is important and we always consider it especially when we do trading, there is always a right time and a wrong time whenever we want to buy a specific cryptocurrency. The reason why many people are experiencing losses after they buy bitcoin or altcoins, because their timing is not good.

Before we buy, we should have plan about our entry price, our target prices and also our stop loss levels. Everything can happen so we should also have different backup plans in order to avoid huge losses. I'm a momentum trader so I prefer to buy before the breakout or during the breakout but I make sure that I have good risk management.


Title: Re: It's ok if your profits are less
Post by: coinfinger on July 19, 2020, 01:45:53 PM

Playing with small profits is a play safe when it comes in trading.
At the same time, you might need to keep trading for more number of times compared to what if you target one big profits. I mean there is a saying about trading, "more the trades, more the loss". But if you're technically targeting small profits and your entry and exits are supported by technical analysis then I guess there will not be any big problems.

In trading, we should not be greedy because too much greediness can cause as zero capital and rekt.

I guess only out of maturity level, traders can get into the state of accepting small profits. Because, you need to control your emotions like, even there are visibly possibilities for making more profits but you should control your greediness to book profits to finish off your trading safe.

Act accordingly and you'll be able to execute good trades.

This seems more appropriate way of trading. If there are possibilities for making more profits then we can go for it and if market seems more fluctuating than we should accept small profits. It means there cannot be no fixed targets but we should trade according to market conditions.


Title: Re: It's ok if your profits are less
Post by: blckhawk on July 19, 2020, 02:27:16 PM
Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
Honestly, I am very impressed on the way how you think. I've been in that situation before but unlike you I felt regret for being impatient that lead me to sell my coins at very low price. But anyway, you were right it doesn't matter whether you will have a big profit or not that much as long as you are earning. Well technically, it does really important for most of us but in this industry it really hard to predict how the market or a certain coin will behave hence, if you have seen an opportunity and you think you will able to gain some profit then don't hesitate to take it.


Title: Re: It's ok if your profits are less
Post by: bitgolden on July 19, 2020, 08:05:46 PM
That extra part of greed is the one that actually changes so many stuff, if there wasn't that extra layer of greed everything would have been fine with the world. You bought something at 100 dollars and got into investment? Amazing news. You got out at 110 dollars and made 10 dollar profit? Perfect. Now you want to leverage it 100x and want to turn that over to 1500 dollars?

Well, I am sorry but you are getting silly. That is why I keep saying that if you want to be an investor, always learn about humility first, you didn't had ANY profit when you started, so if you have even just a bit of a profit that is better than people who do not have any profit at all. Which means you should be focusing mainly on the profiting part and never focus on how much profiting part.


Title: Re: It's ok if your profits are less
Post by: bitbunnny on July 19, 2020, 08:19:10 PM
One important thing to understand when trading is that you can't make profit all the time and when you do the amount of profit is not always the same.
You need to put in accordance your expectations and conditions in the market, you need to be realistic and not expect to make the fortune.
Especialy in the situation like this as long as you are in green area at the end you are all good. Don't let your apetite for profit to grow too high.





Title: Re: It's ok if your profits are less
Post by: Triffin on July 19, 2020, 08:28:40 PM

Playing with small profits is a play safe when it comes in trading.
At the same time, you might need to keep trading for more number of times compared to what if you target one big profits. I mean there is a saying about trading, "more the trades, more the loss". But if you're technically targeting small profits and your entry and exits are supported by technical analysis then I guess there will not be any big problems.

In trading, we should not be greedy because too much greediness can cause as zero capital and rekt.

I guess only out of maturity level, traders can get into the state of accepting small profits. Because, you need to control your emotions like, even there are visibly possibilities for making more profits but you should control your greediness to book profits to finish off your trading safe.

Act accordingly and you'll be able to execute good trades.

This seems more appropriate way of trading. If there are possibilities for making more profits then we can go for it and if market seems more fluctuating than we should accept small profits. It means there cannot be no fixed targets but we should trade according to market conditions.
we all should trade according to the market because when you will buy a coin for trading you will have to keep the market price in your notice if you will buy at high price it won't be profit worthy for you so buy a coin at fallen market state and then trade it when you feel its sold worthy. So many people i see who buy without making research about price which is wrong. Take advantage of market fluctuations and buy at red and sell at Green.


Title: Re: It's ok if your profits are less
Post by: TheGreatPython on July 20, 2020, 02:31:42 PM
One important thing to understand when trading is that you can't make profit all the time and when you do the amount of profit is not always the same.
You need to put in accordance your expectations and conditions in the market, you need to be realistic and not expect to make the fortune.
Especialy in the situation like this as long as you are in green area at the end you are all good. Don't let your apetite for profit to grow too high.
Yes, when traders are able to understand the difficulty in making profits from trading and then definitely they will get the maturity level of accepting profits even it will be small. In my opinion only the traders who are not having enough experience might be looking for profits in bigger amount all the times and all the traders who are experienced enough, definitely will not go for big profits when market conditions are not favoring.

It means we can wait for bigger profits when market conditions are as per our expectations and as per what technical analysis is suggesting. When market conditions are highly volatile and market can go into negative direction at any time then accepting small profits must be a very good idea rather than booking losses later on.


Title: Re: It's ok if your profits are less
Post by: Pamadar on July 20, 2020, 02:47:47 PM
Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
Honestly, I am very impressed on the way how you think. I've been in that situation before but unlike you I felt regret for being impatient that lead me to sell my coins at very low price. But anyway, you were right it doesn't matter whether you will have a big profit or not that much as long as you are earning. Well technically, it does really important for most of us but in this industry it really hard to predict how the market or a certain coin will behave hence, if you have seen an opportunity and you think you will able to gain some profit then don't hesitate to take it.

Mastering such attitude is not that easy to accomplished, there are always regrets when your trade didn't favor your position or
when you missed to take the big profits or cut that huge losses. by far, it's still your decision making that will keep you to survive.
You are the one who will make things possible both from small or big profits, it's all about how you handle things and how you take
every opportunities to gained.


Title: Re: It's ok if your profits are less
Post by: sheenshane on July 20, 2020, 02:59:18 PM
One important thing to understand when trading is that you can't make profit all the time ..
The fact is this if you have this mindset you will surely understand that crypto trading isn't an easy job. The benefit that might you will gain will depend on your wise decision, but once you have failed, juts move on and accept the fact that trading isn't something you will get the correct prediction.

However, OP was very lucky and I would have the same decision if I saw that there is already my profit. Sometimes our greediness will kill our profits that might down. Be contented with what you have. Traders, bounty hunters, and investors should have this mindset.


Title: Re: It's ok if your profits are less
Post by: South Park on July 20, 2020, 03:28:07 PM
snip

So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
That is fine, one of the most common phrases you are going to hear as a trader is to catch the bottom and to sell at the top, but honestly no one really knows where those points are and anyone telling you that is lying, during the bull run of 2017 when bitcoin touched 2k many were predicting a crash and sold their coins only to be surprised by bitcoin reaching 10x that price, as such the only thing that should worry you is if you get profits our of your trades and if you did then you are doing the correct thing despite whatever other traders may say.


Title: Re: It's ok if your profits are less
Post by: ethereumhunter on July 20, 2020, 03:57:29 PM
we all should trade according to the market because when you will buy a coin for trading you will have to keep the market price in your notice if you will buy at high price it won't be profit worthy for you so buy a coin at fallen market state and then trade it when you feel its sold worthy. So many people i see who buy without making research about price which is wrong. Take advantage of market fluctuations and buy at red and sell at Green.

Trading will need to analyze the market, so we can get the right time to buy and sell. If the coin is in the red zone and that coin has the potential to increase, that will be the golden time for you because you can buy at a low price. So after you get the coin, you only need to wait for the time for the price to increase, so you can sell that coin to make a profit. It doesn't matter if the profit is not big because you will have a chance to make a big profit someday. Taking advantage of the market fluctuations will be necessary, so you will be able to make a profit.


Title: Re: It's ok if your profits are less
Post by: kotajikikox on July 20, 2020, 04:05:55 PM
Whenever you sell, don't regret what you did but instead take a new round just in case you decided to buyback.
And  besides regretting our decision will turn frustration and our next trade will surely affected.
You will never know what will happen next. What if the other way around happened? Instead of profits, you lose.
Well all trade must be a lesson for us so we  might  find right  decision every  after trade.
Just be positive that you sell with profits. After all, you can play with that coin again.
Yeah and even if the profit is small better be contented.


Title: Re: It's ok if your profits are less
Post by: tbterryboy on July 20, 2020, 09:25:30 PM
One important thing to understand when trading is that you can't make profit all the time ..
The fact is this if you have this mindset you will surely understand that crypto trading isn't an easy job. The benefit that might you will gain will depend on your wise decision, but once you have failed, juts move on and accept the fact that trading isn't something you will get the correct prediction.

However, OP was very lucky and I would have the same decision if I saw that there is already my profit. Sometimes our greediness will kill our profits that might down. Be contented with what you have. Traders, bounty hunters, and investors should have this mindset.
Anyone who is not ready to have that kind of mentality will be the one that will make the most loss. Some people will buy a token and sell after a little increase and after they sold, they notice further increase and buy back that token which will eventually drop back and they will lose at last. So, what’s the need? And of course I do know that not everyone can be contented with their achievement, there will always be those that are greedy and the consequences that follows are there to teach others that tries to do thread the same path.


Title: Re: It's ok if your profits are less
Post by: Genemind on July 20, 2020, 09:28:39 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.


I would prefer to have a lesser or lower profit than to lose even my capital for being too greedy. It isn't bad to hope for a bigger and better profit but there are instances where we have to feel contented especially if we're holding coins with unstable potential. It's not healthy to have a very high expectation knowing that the market is also unstable. However, we have different levels of contentment and it's still for us to take the risks if we want to gain better.


Title: Re: It's ok if your profits are less
Post by: Mahanton on July 20, 2020, 11:16:54 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.


I would prefer to have a lesser or lower profit than to lose even my capital for being too greedy. It isn't bad to hope for a bigger and better profit but there are instances where we have to feel contented especially if we're holding coins with unstable potential. It's not healthy to have a very high expectation knowing that the market is also unstable. However, we have different levels of contentment and it's still for us to take the risks if we want to gain better.
As a human it is somewhat normal to have those high expectations on certain things and that when learning and self realizations do come in when you have experience the actual situation that not all
that you do anticipated will happen.Its normal for us to be greedy yet its always been part of us but we should really have a good hold of it because this will primarily the reason on messing things up.
Start with slow pace but somehow do generate slow and gradual in terms of profits.Yes, it might not be big but should be enough for you to call it a day.Trading isnt a race for someone to make big profits
but it do matter on how long you would sustain into this market.


Title: Re: It's ok if your profits are less
Post by: qory on July 21, 2020, 02:43:51 AM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
You make wrong choose with holding not potential coin for long time, maybe better you hold top ten coin and take much profit although holding in several years later. I know your position with thinking give much profit later after holding altcoin but right is not time with holding some coin for long time, just waiting one day and maximum for a week to gte much profit and better cut lost if get coin is not profitable for long term holding.


Title: Re: It's ok if your profits are less
Post by: SacriFries11 on July 21, 2020, 03:46:44 PM
It’s okay that you only gain less profit. You didn’t know that it will happen right? No one will expect these will happen; only the pro traders will know that so they probably avoid it. In this situation, you should learn from this mistake. You just being safe and contented about your winning. I know Eidoo and it’s a great project with good project team. Don’t be frustrated about it and try to look in the bigger picture ahead. Don’t make this trade the end of your career. It’s just the beginning and remember not all traders able to make profit just like you.


Title: Re: It's ok if your profits are less
Post by: Viscore on July 21, 2020, 04:14:43 PM
People should think wise and smart enough to interact in the current market situation. We know already how volatile we are and we are not seeing whar next that is why taking such an opportunity to gain even if that is small only, it should be considered enough. Greedy people will think differently that is why I'm not surprised that most of them won't succeed but just to have a losing ends. 1%, 2% profit gain, I was not looking that much, I have to take that chance rather than to lose it and have it regrets.


Title: Re: It's ok if your profits are less
Post by: LUCKMCFLY on July 21, 2020, 05:30:14 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
Thanks for telling your experience, I'm glad you were able to get a profit from it, normally when Bitcoin is in a bullish trend it is when there are more chances of profit for altcoins.

When we talk about coins and hodl it is difficult to resist the falls of the same, but you did very well in having sold, the opposite has also happened and you lose even more value in coins, normally when I have coins like that I place them in order of sale with a +30 +40% profit.


Title: Re: It's ok if your profits are less
Post by: Oyarebu on July 21, 2020, 06:03:31 PM
What you did was the right move for every trader, we should be calculative when talking about profits. Sometimes during my trade, I do pick my profits from 3-5%, this has worked for me severally. Those with huge lose during trades are those with greediness, but as for me, 3-5% is okay.


Title: Re: It's ok if your profits are less
Post by: gabbie2010 on July 21, 2020, 06:06:09 PM
A small profit taken is far better than a loss this is part of taking risk in trading what are about closing or selling your Eidoo at a loss despite hodling it for year? even though your target at 0.003ETH was not hit, Its normal in crypto trading consider early adopters of bitcoin who bought low and sold it off at a lower price thereafter its price pumped to ATH at $20k.
It is very difficult to predict the price of cryptos technical and fundamental analysis are just guide to trading nobody can accurately predict were the price a coin will pumped or dumped every analysis is just a calculated guess


Title: Re: It's ok if your profits are less
Post by: shield132 on July 21, 2020, 06:36:37 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
In any case there would be two versions:
1. I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin (that happened to you and you blame yourself for missing such an opportunity).
2. I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0012 ETH per coin or lower (you would blame yourself for being very greedy and not selling them when you could).
So, don't blame yourself cause you did right when you sold them even at 0.002 ETH per coin, seems you got double profit (from 0.001 to 0.002). You can't always catch the best moments but you can catch good moments and that's what you have to do to keep going on well.


Title: Re: It's ok if your profits are less
Post by: davinchi on July 21, 2020, 07:11:32 PM
People should think wise and smart enough to interact in the current market situation. We know already how volatile we are and we are not seeing whar next that is why taking such an opportunity to gain even if that is small only, it should be considered enough.
When high fluctuations are the actual opportunity for making profits for traders, if we are to conscious about not getting into negative market to wait infinitely then it would be always a good idea to go for accepting profits which are even small. Because, when there are enough fluctuations happening on daily basis then we can definitely get another opportunity to make another profit which may be small or big but consistently gaining will be more important.

Greedy people will think differently that is why I'm not surprised that most of them won't succeed but just to have a losing ends. 1%, 2% profit gain, I was not looking that much, I have to take that chance rather than to lose it and have it regrets.
Greedy people will never find themselves fit for everywhere, trading cannot be an exception for them. If they realize small profits also will be summing up into big one over the time then they can get chances to come out of their greediness. But, when they  are dominated by greediness then the chances for realizing actual facts about trading will be very less.


Title: Re: It's ok if your profits are less
Post by: Golftech on July 21, 2020, 07:28:59 PM
A small profit taken is far better than a loss this is part of taking risk in trading what are about closing or selling your Eidoo at a loss despite hodling it for year? even though your target at 0.003ETH was not hit, Its normal in crypto trading consider early adopters of bitcoin who bought low and sold it off at a lower price thereafter its price pumped to ATH at $20k.

If there's opportunities to earned whether it's small still better than you lose your investment, with fluctuating market it's really hard
to everyone when to sell your holdings, you need to condition yourself and contented with small gains.

It is very difficult to predict the price of cryptos technical and fundamental analysis are just guide to trading nobody can accurately predict were the price a coin will pumped or dumped every analysis is just a calculated guess

With too many factors that can influenced the market flows, it's all about how well you anticipate and how good you are taking care
of your chosen position.


Title: Re: It's ok if your profits are less
Post by: harizen on July 21, 2020, 07:59:31 PM
You can't always catch the best moments but you can catch good moments and that's what you have to do to keep going on well.

Your example might hit the majority here including me lol.

Feeling regret is always part of the game. We can't just say it's our mistake that we didn't anticipate what will happen because, in the first place, there is no way we can tell it. As long as we bag some profits out of trading, take it as an achievement. It's way better than we sold because we want to minimize the loss.

What matters here is, just continue. Our experience will teach us how to deal with a different scenario.


Title: Re: It's ok if your profits are less
Post by: Utoy101 on July 21, 2020, 08:33:03 PM

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

I think everyone has had a taste of crypto price volatility of how it oftens affect the profit making potential of investment. I always hold one principle very dear whenever I'm to invest in crypto, which is having a set target and once my coin hits that target, i do sell off without any hesitation. Often atimes, after selling off, price do increases but then again it's better than seeing it goes otherwise so my take is it is always better to take profit no matter how small than to hodl and lose because once some coins get dump, they don't rise again


Title: Re: It's ok if your profits are less
Post by: dunfida on July 21, 2020, 09:43:55 PM
A small profit taken is far better than a loss this is part of taking risk in trading what are about closing or selling your Eidoo at a loss despite hodling it for year? even though your target at 0.003ETH was not hit, Its normal in crypto trading consider early adopters of bitcoin who bought low and sold it off at a lower price thereafter its price pumped to ATH at $20k.

If there's opportunities to earned whether it's small still better than you lose your investment, with fluctuating market it's really hard
to everyone when to sell your holdings, you need to condition yourself and contented with small gains.

It is very difficult to predict the price of cryptos technical and fundamental analysis are just guide to trading nobody can accurately predict were the price a coin will pumped or dumped every analysis is just a calculated guess

With too many factors that can influenced the market flows, it's all about how well you anticipate and how good you are taking care
of your chosen position.
So basically with you just taking a small profit it will not be a problem because the comparison here is to prevent losses so that even if it will be a low profit it is not a problem because anyway, the most important thing is that you do not lose your investment and still get a profit even though it is a low profit. I think it is something worth doing just to overcome losses, but if you have the courage and confidence to be patient longer then in the end you have the opportunity to get a better profit.
When it comes  to investment then our primary target would really be on making profit or seeing positive outcomes or results on what we are dealing with  no matter how small or bit it is as long
it can be a gain then that should be enough.Try to be consistent and do make up same quality trades from time to time then you will find yourself to be successful into this career.This isnt something matters on how big and fast you do get but rather this do talk about persistence and  patience.All of the qualities that mainly needed for someone whom do deal with unpredictable prices into this market.Just be thankful that you do able to gain but also losses are inevitable but somehow can be avoided or lessen it up.


Title: Re: It's ok if your profits are less
Post by: Becky666 on July 21, 2020, 09:55:42 PM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.


Title: Re: It's ok if your profits are less
Post by: Cryptomonger on July 21, 2020, 11:16:18 PM

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

I agree with you because the crypto is unpredictable and the price of a coin can go either up or down within a blink of an eye, so setting up a set target and selling off when you're near your target or already in profit is the best way to be able to beat the market because no matter how small a profit is, it's better than holding up for too long which might result in massive dump of the token. 


Title: Re: It's ok if your profits are less
Post by: ethereumhunter on July 22, 2020, 12:07:52 PM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.
that's the safest way to trade right now. not-so-large profits look quite safe compared to large profits. however, we will not know how it will turn out when you are not satisfied with the benefits you can get. to be honest, I've felt this way. when not satisfied with the benefits that I get, I finally get a loss because of that.

As long as we don't greedy to chase the profit, we can be safe to manage the money that we used for trading. I am sure that with the profit that we got from trading, we can have more and more bitcoin, especially if we can make a profit, no matter how much the amount. It is normal to feel unsatisfied with the profit that we got, but that is a process that every trader must get. We will have the time to make a big profit, especially if the bull run comes, and every coin that we make can give us a big profit.


Title: Re: It's ok if your profits are less
Post by: Cryptoababe on July 22, 2020, 12:56:12 PM
Any kind of profit is okay. But to be honest, patience is needed for everything.
My experience
I bought 16 Ampleforth at roughly 36 cents per coin when the total supply was 8 million tokens.
Then I sold all my Ampleforth when the total supply got to 11 million tokens. I sold them for a reason though.
About Ampleforth
The number of token you hold increase with respect to total supply. The more the total supply, the more your token.
Although, I have little profit after selling but if I had wait for today, I will have gotten more than 100 times of my investment on Ampleforth.
So patience is the key.


Title: Re: It's ok if your profits are less
Post by: beerlover on July 22, 2020, 02:01:27 PM
As long as we don't greedy to chase the profit, we can be safe to manage the money that we used for trading. I am sure that with the profit that we got from trading, we can have more and more bitcoin, especially if we can make a profit, no matter how much the amount. It is normal to feel unsatisfied with the profit that we got, but that is a process that every trader must get. We will have the time to make a big profit, especially if the bull run comes, and every coin that we make can give us a big profit.
Other than being greedy, there are other multiple reasons why people are looking for big profits or keep waiting for more profits; technical support must be one of them. When you are carefully following all your technical signals like you are always exiting at stoploss as per your technical analysis then there will be nothing wrong to be waiting to reach the target price levels as per what your technical analysis suggesting regardless of hating to wait and not being greedy here.

I mean when everything as the technical analysis then being greedy about having more profits which is supported by technical analysis should not be considered as a greedy act. But, when we are going as per technical things then we also should work on keeping stoploss in short so that we will not lose what we have already get into the profit side. It means that stoploss levels also should be based on technical analysis which should be on trailing basis.


Title: Re: It's ok if your profits are less
Post by: MonsterV on July 22, 2020, 09:26:55 PM
well, no one can predict what will happend tomorrow, you should be happy because getting profit instead cut lose then the price is pump after selling your coin at low price, for me its okay to have little profit even the coin will rise again tomorrow, dont be greedy and take that profit without regret.
i have simillar experience on coin that i bought which its pump after selling the coin, then with my greedy hoping to get more profit, i bought back the coin at high price with hope the coin will pump more, when tomorrow is come the coin price is dump about 30% from price i bought, so ive learn that its okay to earn small profit than losing everything.


Title: Re: It's ok if your profits are less
Post by: ethereumhunter on July 23, 2020, 10:05:45 AM
As long as we don't greedy to chase the profit, we can be safe to manage the money that we used for trading. I am sure that with the profit that we got from trading, we can have more and more bitcoin, especially if we can make a profit, no matter how much the amount. It is normal to feel unsatisfied with the profit that we got, but that is a process that every trader must get. We will have the time to make a big profit, especially if the bull run comes, and every coin that we make can give us a big profit.
Other than being greedy, there are other multiple reasons why people are looking for big profits or keep waiting for more profits; technical support must be one of them. When you are carefully following all your technical signals like you are always exiting at stoploss as per your technical analysis then there will be nothing wrong to be waiting to reach the target price levels as per what your technical analysis suggesting regardless of hating to wait and not being greedy here.

I mean when everything as the technical analysis then being greedy about having more profits which is supported by technical analysis should not be considered as a greedy act. But, when we are going as per technical things then we also should work on keeping stoploss in short so that we will not lose what we have already get into the profit side. It means that stoploss levels also should be based on technical analysis which should be on trailing basis.

That is why we must have a target price to sell to prevent become greedy. Maybe we can place the order sell before the price start increase, so we don't have to wait for the price start increases. It is no problem if we follow the technical analysis, but as you say, the target price will be taking part to help us make the profit. If you can place the order sell at one high price, you don't have to feel heartbeat because you only need to wait for the order fills so that you can get out of the market in the right time. Sometimes taking a little profit will be enough rather than wait for another high price, which is not always happening.


Title: Re: It's ok if your profits are less
Post by: ife2020 on July 24, 2020, 04:17:50 PM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range


Title: Re: It's ok if your profits are less
Post by: Emitdama on July 24, 2020, 05:52:51 PM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.
that's the safest way to trade right now. not-so-large profits look quite safe compared to large profits. however, we will not know how it will turn out when you are not satisfied with the benefits you can get. to be honest, I've felt this way. when not satisfied with the benefits that I get, I finally get a loss because of that.
Actually this all depends on what kind of a trader you are, someone who loves to have big profits and then a band of losses would rather be greedy and try to get big profits and then slowly loose out the profits in the next trades. While someone who tends to sell at a small variance will look to accumulate small profits, while actually both kind of traders are good and can be profitable in their own stance.

For example, an experienced aggressive trader would make 0.01 BTC profit and loose 9/10 times on 0.001 trades which means he still earned 0.001 and on the other hand someone who takes small profit can earn 0.0001 btc fixed profit on each trade and hence he also makes 0.001 btc profit with 10 trades.


Title: Re: It's ok if your profits are less
Post by: ReiMomo on July 24, 2020, 05:59:38 PM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range
That's the same with me and I agree with this mindset. There's nothing wrong if you will target even a small profit gained than it will become zero. This happens to me how many times when I was participating as a bounty hunter.

If you are contented with a small profit, go on. Because sometimes in a humanity race greed was always there. So I cant blame if someone telling me that it should have a massive gain than the small amount but you are sure of profit. Well, this I guess also depends on the project if how potential they are to hold worth for a while.


Title: Re: It's ok if your profits are less
Post by: South Park on July 24, 2020, 05:59:50 PM
People should think wise and smart enough to interact in the current market situation. We know already how volatile we are and we are not seeing whar next that is why taking such an opportunity to gain even if that is small only, it should be considered enough. Greedy people will think differently that is why I'm not surprised that most of them won't succeed but just to have a losing ends. 1%, 2% profit gain, I was not looking that much, I have to take that chance rather than to lose it and have it regrets.
Just a few days ago there were articles about how the market has hit a very low mark when it came to the volatility as the market was not really moving in any direction, as such the market conditions we are facing are not really ideal for those that are expecting huge profits, so anyone getting 1% profits per trade or at least aiming for that is probably doing well enough under these circumstances, the real problem is how to adjust your system when the market of cryptocurrencies presents again a positive trend and not be one of those that are left behind.


Title: Re: It's ok if your profits are less
Post by: okala on July 24, 2020, 06:36:54 PM
"A bird at hand is better than millions in the bush" said an old proverb! As far as you are making profits it far better no matter how little it is. Even if you are breaking even it is still far more better than losing. The one you are able to get in you wallet as gain is what really matters and not the otherwise.


Title: Re: It's ok if your profits are less
Post by: Oilacris on July 24, 2020, 07:33:01 PM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.
that's the safest way to trade right now. not-so-large profits look quite safe compared to large profits. however, we will not know how it will turn out when you are not satisfied with the benefits you can get. to be honest, I've felt this way. when not satisfied with the benefits that I get, I finally get a loss because of that.
Actually this all depends on what kind of a trader you are, someone who loves to have big profits and then a band of losses would rather be greedy and try to get big profits and then slowly loose out the profits in the next trades. While someone who tends to sell at a small variance will look to accumulate small profits, while actually both kind of traders are good and can be profitable in their own stance.

For example, an experienced aggressive trader would make 0.01 BTC profit and loose 9/10 times on 0.001 trades which means he still earned 0.001 and on the other hand someone who takes small profit can earn 0.0001 btc fixed profit on each trade and hence he also makes 0.001 btc profit with 10 trades.
Aggressive stance is somewhat not really that recommended and this is base of on your expertise when you do become aggressive and at the same time you do  already  set out maximum risk management into a particular trade.You cant just  go into that manner if you are just complete noobs and you are really bound to lose trades in most cases.

Just go slow and surely.. even the profits were less or not really that big but still consistency and gradual phase manner will be always good rather than to be aggressive.

Profits would might be less but it is much better rather than ending up a day with an empty  pocket or blown out trading capital.


Title: Re: It's ok if your profits are less
Post by: Yatsan on July 26, 2020, 02:18:33 PM
It is really just fine to start up at small amount of profit because it is a part of the process. Be contented that at least you are earning rather than you having debts and failed tradings. Appreciate small profit as for now because you don't know, unexpectedly it can grow into a lot more bigger that what you expect it to be.

On trading and even investing, small profits must be a lot appreciated already specially at times like this that profit or source of income is hard to acquire due to the fact that we are facing a crisis. There is nothing bad on earning small profit because at least you have something to gain with. Small earnings are like small steps towards growth and development. We must eliminate greediness to get into our minds to avoid doing nasty decisions that instead of earning can just lead us to be drowned on negative amount of trade. Trading is a continuous process and on that process many possibilities can happen. Be glad that you came across small earnings because it just mean you are doing great on trades. Contentment and appreciation on what you gain whether small or big is the key to become successful in this industry. It is okay to dream something big but just let time to do it and do not rush things out so that you can see the progress of what you are doing so you can appreciate more when you came into your goal.


Title: Re: It's ok if your profits are less
Post by: KrisAlex18 on July 27, 2020, 09:38:23 PM
Everything do really start up from small beginning. We must just be appreciative on what will come instead of thinking and expecting too much because we know in trading that there is no stable income for we are working in a volatile market. It is just fine to earn a small amount of profit well then at least you have something to earn compared to have nothing at all. Specially at times like this, having a small profit is already something you would be thankful because earning profit is already hard to be done.

There is really nothing wrong on having small profit because on trading whether you earn something or not. Let us just be contented of the amount we can acquire from doing trading because even such a small amount can already be considered a successful trade. Better to have that so you know you are doing fine on trading. Unlike aiming for large profit that might lead you to failure. Appreciate small things that come for it is normal to start up from small. There is no trader that have successfully traded large amount specially when they were just starting. Learn to appreciate the opportunity of earning using trading even if it was just small profit.


Title: Re: It's ok if your profits are less
Post by: Republikcoin.com on July 28, 2020, 04:07:40 AM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range
basically, it is a safe playing pattern in the investment world. it's just that everyone's gratitude is different. sometimes, the desire for greater profits is very strong, so that the benefits that are not so great feel like less for us. however, I feel that small profits are good enough for now.


Title: Re: It's ok if your profits are less
Post by: Salauddin1994 on July 28, 2020, 04:26:50 AM
When you are new and you do not have good skills and you do not want to take any kind of risk then you can make less profit which will be the best decision for you. On the other hand, when you invest more and have the ability to take risks, you will want to make a lot of profit because then you will not be satisfied with a small profit.

It can be said that everything depends on your aptitude and skill which will make you more or less profit.


Title: Re: It's ok if your profits are less
Post by: isaac_clarke22 on July 28, 2020, 03:56:01 PM
~
I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent.  ;D
As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.


Title: Re: It's ok if your profits are less
Post by: Emitdama on July 28, 2020, 05:10:10 PM
When you are new and you do not have good skills and you do not want to take any kind of risk then you can make less profit which will be the best decision for you. On the other hand, when you invest more and have the ability to take risks, you will want to make a lot of profit because then you will not be satisfied with a small profit.

It can be said that everything depends on your aptitude and skill which will make you more or less profit.
Even when you are experienced and well versed into the trading scene, I would still suggest to contain yourself with small profits because I have seen a lot of traders who just want to chase massive profits and I actually call them gamblers because a gambler also does the same, he either wins or losses but that is not how a trader should think. A trader must understand that when conditions are unfavorable you must dissolve your coins for even a minor loss and make up for that in next trade.

A trader who chases big profits is nothing but a gambler who believes he is trading because ask any traders and read any books no one will ever suggest to chase big wins/profits in trading in the long run. I understand sometimes you feel positive with a trade and may wait longer for extra profits but that must be only when you feel strong about it.


Title: Re: It's ok if your profits are less
Post by: $crypto$ on July 28, 2020, 06:29:25 PM
People should think wise and smart enough to interact in the current market situation. We know already how volatile we are and we are not seeing whar next that is why taking such an opportunity to gain even if that is small only, it should be considered enough. Greedy people will think differently that is why I'm not surprised that most of them won't succeed but just to have a losing ends. 1%, 2% profit gain, I was not looking that much, I have to take that chance rather than to lose it and have it regrets.
Just a few days ago there were articles about how the market has hit a very low mark when it came to the volatility as the market was not really moving in any direction, as such the market conditions we are facing are not really ideal for those that are expecting huge profits, so anyone getting 1% profits per trade or at least aiming for that is probably doing well enough under these circumstances, the real problem is how to adjust your system when the market of cryptocurrencies presents again a positive trend and not be one of those that are left behind.
In the past, the market was very volatile and uncertain where it would go, but only people panicked who would cause this problem they kept thinking about how this increase occurred even though in the right circumstances such as now it has become a trend in markets where bullish has occurred , so they will trade with a small profit of course during turbulent times but at this time they do not prefer to hold until the time that has been determined by themselves.


Title: Re: It's ok if your profits are less
Post by: Golftech on July 28, 2020, 08:29:35 PM
~
I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent.  ;D
As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.
As long as there's progress and you are learning from each trades that you made, small profits is considerable. Inside crypto market there are many obstacle and you always at risk, so those who can get small profits and minimized losing their investment are contented with the outcome of their business.


Title: Re: It's ok if your profits are less
Post by: Kong Hey Pakboy on July 28, 2020, 09:32:42 PM
~
I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent.  ;D
As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.
As long as there's progress and you are learning from each trades that you made, small profits is considerable. Inside crypto market there are many obstacle and you always at risk, so those who can get small profits and minimized losing their investment are contented with the outcome of their business.
Indeed. Even your profits are only less. Atleast you are making a progress and you still continue to learn more about trading because no one have started to earn money in a huge amount of profits in trading that everyone have started from earning small amount of profits. You shouldn't also chased big profits im trading because it is a risk that not everyone has a chance to make big profits everyday.


Title: Re: It's ok if your profits are less
Post by: milewilda on July 28, 2020, 09:37:14 PM
~
I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent.  ;D
As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.
As long as there's progress and you are learning from each trades that you made, small profits is considerable. Inside crypto market there are many obstacle and you always at risk, so those who can get small profits and minimized losing their investment are contented with the outcome of their business.
Indeed. Even your profits are only less. Atleast you are making a progress and you still continue to learn more about trading because no one have started to earn money in a huge amount of profits in trading that everyone have started from earning small amount of profits. You shouldn't also chased big profits im trading because it is a risk that not everyone has a chance to make big profits everyday.
This is should how be done but people do love the shortcut way thats why majority of us do really experience losses first before we do able to learn and realize something towards trading that it doesnt really work on that way we do expect.We do start on being a noob and its impossible to make big profits if you had just started up specially into this market where fuds and shills can really give out market price movement impact and this is one of the factors on making it more unpredictable.Get contented on what you do earn as long its a gain then consider it as a progress or improvement and as a trader, you should maintain and try to be consistend.
Losses cant really be avoided but somewhat can be suppress and that should be on everyones goal.


Title: Re: It's ok if your profits are less
Post by: jostorres on July 31, 2020, 10:31:39 AM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range
That sounds right because a trader is not someone who makes big profit trades, because that are classified as investors who invest and enjoy great returns. I believe trader is one who makes small profits but makes sure he repeats the process constantly and while loss are part of the trading but he eliminates all loss possibilities.

It is hard to contain ourselves when the price is rising for any asset like BTC is on a bullish run and people would want more and more profits but a smart trader would sell and buy again and repeat it to make sure he earns constantly.


Title: Re: It's ok if your profits are less
Post by: Eternad on July 31, 2020, 11:02:43 AM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range
That sounds right because a trader is not someone who makes big profit trades, because that are classified as investors who invest and enjoy great returns. I believe trader is one who makes small profits but makes sure he repeats the process constantly and while loss are part of the trading but he eliminates all loss possibilities.

It is hard to contain ourselves when the price is rising for any asset like BTC is on a bullish run and people would want more and more profits but a smart trader would sell and buy again and repeat it to make sure he earns constantly.
It does not matter how big or small the profit is as long its profit. I'd been loss for long time before since I don't focus since 2019. But then this Pandemic teaches me that it's good to be back with small gain now that we are in Pandemic it means more, it can do more. Having extra gains matters so I take my time focusing in trading and studying new crypto to trade again.


Title: Re: It's ok if your profits are less
Post by: mersal on August 01, 2020, 08:05:32 AM
That is ho the traders life is going to be, but they can't do anything about it just move on and don't regret about the past trades it will affect your future.Keep trading with small profits and it will keep increasing while compounding the profits made again as capital for your trades.


Title: Re: It's ok if your profits are less
Post by: Rebisco on August 01, 2020, 08:41:57 AM
It is okay as long as you have earned profit, many investors and traders are getting sad whenever they earn only small amount of money and for me it is wrong because profit is a profit and we should be happy with it.  It is okay to earn small amount of profit than to incur huge losses, in my trading system; I keep using trailing stop not just because it is part of risk management but because I want to preserve my gains in order to not experience losses or breakeven.


Title: Re: It's ok if your profits are less
Post by: iged_war on August 01, 2020, 01:07:05 PM
It is okay as long as you have earned profit, many investors and traders are getting sad whenever they earn only small amount of money and for me it is wrong because profit is a profit and we should be happy with it.  It is okay to earn small amount of profit than to incur huge losses, in my trading system; I keep using trailing stop not just because it is part of risk management but because I want to preserve my gains in order to not experience losses or breakeven.
they must be gratefull with profit they got from trading or whatever  , earning profits was very difficult at this moment and not all trader could earn this. when we get profit even that just small amount, save it and accumulate with next profit will be good choice . someday our assets from its profit could folded and be big amount.


Title: Re: It's ok if your profits are less
Post by: darewaller on August 01, 2020, 05:31:53 PM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range

You very right about that, consistency matters a lot no matter the level of your profit. If you’re the type that’s making profit once in a while and then majority of the time you will trade and lose your money, it’s completely useless since you’re losing after everything. Besides researching the type of investments you’re getting into, you should as well know the level of capital that you’re putting into that. If you invest too much and lose it, you’re going to be affected seriously.

when we get profit even that just small amount, save it and accumulate with next profit will be good choice . someday our assets from its profit could folded and be big amount.

That could be the basic logic here rather than being a greedy trader like waiting may lead to lose unbooked-profits and capital as well. When you are matured enough then you may not wait against volatile markets only inexperienced traders do wait and then do face the negative consequences.


Title: Re: It's ok if your profits are less
Post by: kolbalish on August 02, 2020, 10:12:20 AM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
Satisfaction is the biggest thing for a trader with a small amount. Because it can't be said earlier to get a huge profit margin from a trade. Small amount can bring you an inspiration to get more or big things. You must have patience and own strategy as well.


Title: Re: It's ok if your profits are less
Post by: Salauddin1994 on August 02, 2020, 11:44:25 AM
Low profit is not a bad thing everything will depend on how you need profit. If your demand is high then you will want your profit to be much higher if you have high aspirations, you will always think that you have more profit than others,  Thinking like this all the time will put a lot of risk on your money and you will continue to be frustrated. The best way is to take advantage of the medium and always try to keep yourself happy.


Title: Re: It's ok if your profits are less
Post by: muratsink on August 02, 2020, 04:27:08 PM
Low profit is not a bad thing everything will depend on how you need profit. If your demand is high then you will want your profit to be much higher if you have high aspirations, you will always think that you have more profit than others,  Thinking like this all the time will put a lot of risk on your money and you will continue to be frustrated. The best way is to take advantage of the medium and always try to keep yourself happy.
Low profit is not bad if consist every hour or every day although get much profit but we hold more than one week or one months, I think for safety trading or investing under 5% profit every trade is enough and we always secure and safety all our trading assets.


Title: Re: It's ok if your profits are less
Post by: cassavachips on August 06, 2020, 04:25:57 PM
I often experience this, when it holds for a while and the price goes up a bit I decide to sell, if I am more patient maybe the profit will be bigger. But that's what is called a good decision, no need to target large profits, small gains are not a problem than losses that are more painful.


Title: Re: It's ok if your profits are less
Post by: mnporter2001 on August 06, 2020, 04:56:57 PM
Knowing when is enough is one of the qualities of successful traders. alertness and wisdom, knowing the market in stages is a very difficult skill to acquire. Therefore, we should not bring greed when dealing, instead have a cold head and analyze the market in many directions to have more plans to deal with it. Be flexible and we will make a lot of money in every financial market.


Title: Re: It's ok if your profits are less
Post by: perfect999 on August 07, 2020, 09:03:06 AM
I often experience this, when it holds for a while and the price goes up a bit I decide to sell, if I am more patient maybe the profit will be bigger. But that's what is called a good decision, no need to target large profits, small gains are not a problem than losses that are more painful.
So dammnn true... Losses are more painful, but I still won’t understand why some people would be so much bothered when they are making little profit, instead of them to be happy.

Although I do understand that it can be really annoying when you sell your coins and the price starts to skyrocket, but you should blame yourself for not having patience. It’s always being said that patience is the key when it comes to trading and investing in cryptocurrency. If you’re in a hurry and end up missing out from future profit, then I don’t see why get pissed.


Title: Re: It's ok if your profits are less
Post by: Bezobraznike on August 08, 2020, 12:07:38 PM
Knowing when is enough is one of the qualities of successful traders. alertness and wisdom, knowing the market in stages is a very difficult skill to acquire. Therefore, we should not bring greed when dealing, instead have a cold head and analyze the market in many directions to have more plans to deal with it. Be flexible and we will make a lot of money in every financial market.

   I agree with you Mnporter2001, knowing when is in if makes propel successful
in long-term. It's better to have less profit than any kind of loss, in long-term it's
very important to have ore green days than red days.
   But people are greedy and instead to take little profit they are trying to make a lot
of profit and its when they lose more than they make profit.


Title: Re: It's ok if your profits are less
Post by: Janation on August 08, 2020, 12:14:18 PM
Knowing when is enough is one of the qualities of successful traders. alertness and wisdom, knowing the market in stages is a very difficult skill to acquire. Therefore, we should not bring greed when dealing, instead have a cold head and analyze the market in many directions to have more plans to deal with it. Be flexible and we will make a lot of money in every financial market.

So true.

Despite the low profits people are getting here, they still continue to reinvest and keep on investing. Some even says that they are not actually using the profits they are getting but it just goes back to Bitcoin or other cryptocurrencies to reinvest. That would give you more and more profits in the long run.


Title: Re: It's ok if your profits are less
Post by: samuraijin on August 09, 2020, 10:24:15 AM
If you feel grateful for the benefits you get, you will feel that your life is calm, you don't have to look at the price of Eidoo tokens on the exchange, what you hold like ETH is currently good enough has increased in value recently, you can now hold ETH in the wallet, hopefully the price can increase above $ 800, of course it will make your profits even better isn't it, the most important thing is that you don't see the Eidoo token market anymore because you've sold it.


Title: Re: It's ok if your profits are less
Post by: Becky666 on August 09, 2020, 12:15:40 PM
A journey of a thousand mile starts with a step, so, also profit taking when it come to cryptocurrency. There is knowledge in taking the less profit than to get the loss in parties. Profit less taking still the best method to survive in this cryptosystem, those little profits taking can equally turn to a bigger profits with time.

TBH, most of my trade profits are bench in 4%-8% and if convince about the said trade then 10% - 15%. This has been working for me without any regret, reuse of these little profits gave me the best I could have ever imagine.


Title: Re: It's ok if your profits are less
Post by: Nellayar on August 09, 2020, 01:34:22 PM
I agree with you OP.

We cannot make the 100 dollars without a cent. Everything really starts to a small part then later on it will goes bigger and bigger. It will just depend to our determination and perseverance when our journey goes. In trading, we don`t need to be greedy because many people are falling to a trap due to greediness. A dream to have a 1000x profits in just a few weeks or months.


Title: Re: It's ok if your profits are less
Post by: samuraijin on August 11, 2020, 10:08:34 AM
If you feel grateful for the benefits you get, you will feel that your life is calm, you don't have to look at the price of Eidoo tokens on the exchange, what you hold like ETH is currently good enough has increased in value recently, you can now hold ETH in the wallet, hopefully the price can increase above $ 800, of course it will make your profits even better isn't it, the most important thing is that you don't see the Eidoo token market anymore because you've sold it.
Being able to release or sell coins that we knew will not be good in a long run and planning to sell it atleast even with a small gain is a good decision. It's better to stop loss than keep waiting for projects that are no longer developing or unable to consistently provide it's purpose. As long as were able to earn no matter how much is it.
yes that is the case, I have also held some tokens from ethereum and I chose to sell them because they are not really active in development, I see EIDOO seems to be still active in development, so they will keep trying to maintain the project, but it all comes back to merchant desire to survive or sell it


Title: Re: It's ok if your profits are less
Post by: bangkecol on August 11, 2020, 12:12:31 PM
Thats right, we must be grateful when we get less profits from holding or trading. It is still better than we get lose from it. Because we don't know about the future of the coins(projects).
With we gratefull , our life will be happy and calm.


Title: Re: It's ok if your profits are less
Post by: Wawa2013 on August 11, 2020, 01:24:27 PM
I'm always happy every time I get a profit from trading, even though sometimes the profit I do get is very small.
Because to be good traders you don't have to make big profits, because if we focus too much on making big profits.
Will make us greedy and if let in the long run can harm ourselves.


Title: Re: It's ok if your profits are less
Post by: lienfaye on August 12, 2020, 10:57:48 AM
I'm always happy every time I get a profit from trading, even though sometimes the profit I do get is very small.
Because to be good traders you don't have to make big profits, because if we focus too much on making big profits.
Will make us greedy and if let in the long run can harm ourselves.
Exactly, its better to have small profit rather than having nothing at all. When I was just starting as a trader I always look forward for big profit because thats my goal. But everytime im attempting to gain huge, im losing because my expectation for the market didnt happen, its unpredicted and I dont know how to analyze the market. But as time goes by I realize that as long as im not losing my capital its fine regardless how much profit I got.


Title: Re: It's ok if your profits are less
Post by: Freddy11 on August 12, 2020, 08:35:18 PM
If you are making ANY profit, then I believe that is enough, as size won’t matter but profit matters. I always enjoy smaller profit, as long as I am comfortable. It’s easier with supportive broker like FreshForex, as with their bonuses you don’t have to risk too much.


Title: Re: It's ok if your profits are less
Post by: gbrendeh on August 12, 2020, 10:12:03 PM
There is no harm from taking little profit, if the price went in other direction, you will be very happy that you made a good decision. It is just a natural part of trading


Title: Re: It's ok if your profits are less
Post by: Oilacris on August 12, 2020, 10:37:08 PM
I'm always happy every time I get a profit from trading, even though sometimes the profit I do get is very small.
Because to be good traders you don't have to make big profits, because if we focus too much on making big profits.
Will make us greedy and if let in the long run can harm ourselves.
Exactly, its better to have small profit rather than having nothing at all. When I was just starting as a trader I always look forward for big profit because thats my goal. But everytime im attempting to gain huge, im losing because my expectation for the market didnt happen, its unpredicted and I dont know how to analyze the market. But as time goes by I realize that as long as im not losing my capital its fine regardless how much profit I got.
People should realize these kind of things but for starters then this kind of mindset is pretty common and i do believe that majority of us did really made out such mistake when we are just starting.

Same goes when i do start up where i do believe that i can beat out the market and make myself rich because seeing trading is just a simple stuff in mind but when you are in the actual
situation then you would surely realize on whats the truth.

You will surely break on what you had expected and try to face up the reality on a very unpredictable market.Less profits is much better than having negative.


Title: Re: It's ok if your profits are less
Post by: Maestro75 on August 13, 2020, 02:47:04 PM
Your story is want happens constantly whenever people hold a token for a few years and then decide to sell at last. Most times the price goes up after people have sold their shares. At a time like that I do not think anyone should regret the extra profit they missed out on. What if it went down? My strategy holding a token for long time is never to sell because I got tired holding it. I always set a price range to sell and I do not sell everything. Try and keep a small quantity because you never can know what the price will be a few years later.


Title: Re: It's ok if your profits are less
Post by: rhomelmabini on August 13, 2020, 02:56:50 PM
It's okay if you hav eprofit less or not, profit is still a profit. There's no way to conclude when would really it rose again in the near future and most of investors does. The good thing about you OP is you've got the discipline and that's one thing you should learn at least you've gained x2 from hodling those tokens.


Title: Re: It's ok if your profits are less
Post by: perfect999 on August 15, 2020, 06:48:44 PM
~
I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent.  ;D
As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.
Lol ;D I understand the feeling, but did you even learn trading before you started? It can be the problem.
I did the same thing as a newbie, I didn’t learn much about it, and opened account and read a little article that summarizes everything and I thought I was perfect already, and after several attempts and trying to make profit it was just ending up as a failure ha-ha.

I later stopped trading and looked for another means of income and was making out time to learn trading. It’s like a part-time engagement for me now :).


Title: Re: It's ok if your profits are less
Post by: LUCKMCFLY on August 17, 2020, 04:39:35 AM
There is no harm from taking little profit, if the price went in other direction, you will be very happy that you made a good decision. It is just a natural part of trading
When the movement goes against our position and if the stop loss jumps, it is best to accept and assume the loss and know why it was lost, and thus the learning is much greater, in trading this type of thing happens, it important is to stop the losses and lengthen the gains.


Title: Re: It's ok if your profits are less
Post by: shawonngp on October 27, 2020, 07:16:15 PM
Hurry up is not a good sign for any work. If you consider the amount of profit at the end of the day . Then that is nothing but stupidity. Crypto means loss today, gain tomorrow. So do not expect a quick profit And study with coins.


Title: Re: It's ok if your profits are less
Post by: milewilda on October 27, 2020, 07:43:56 PM
Hurry up is not a good sign for any work. If you consider the amount of profit at the end of the day . Then that is nothing but stupidity. Crypto means loss today, gain tomorrow. So do not expect a quick profit And study with coins.

Just to remind you buddy that it isnt really that right to bump up threads that had been inactive for couple of months and do make out some response just for the sake of post count requirement.
Dont tolerate this kind of behavior or else you would really be experiencing some problem later on.
Back on topic about profits are less and on to the point you had mentioned about hurrying up is actually right where people shouldnt really be forcing out on a certain profit on a certain day because
this will just build up some stress which would result into hurrying up things and making bad decisions instead.Dont let yourself fall into this verge of tension and stress because
it wont really giving out something good into your trading or investment career.Everything will be messed up if not planned accordingly.


Title: Re: It's ok if your profits are less
Post by: goldade on October 27, 2020, 08:32:25 PM
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

This is an awesome piece. This is absolutely something every newbie trader should see. Crypto trading isn't a get rich scheme and a little profit a day eventually adds up to something big.
It is true you could have gotten more profits by holding longer but it is also true you could have even lost all which is way bad.
I've realized over the years that one of the lessons a trader ought to learn before venturing into trading is when to exit. Many traders don't exit a trade even after meeting their target with the hope that it'll get higher only for the price to fall tragically and the trade ending in a loss.
I believe a little profit everyday is better than a big profit once in a while.


Title: Re: It's ok if your profits are less
Post by: royalfestus on October 27, 2020, 08:46:03 PM
The time of taking profit in the market may also matter. Buying in the present market might give a different return from buying in the dip bear and the parabolic bull. One cant always take from the peak of every coin pump cause we cant always determine it. We might need to be contended with certain profit, so it is always advised to spread your investment in the space and decide a reasonable price of exit irrespective of the height of the pump expect the coin will be for long term


Title: Re: It's ok if your profits are less
Post by: Smartvirus on October 27, 2020, 10:59:18 PM
To be sincere, I would feel a little tingle to see evidents of profits should I have delayed in taking a trade. Though, this shouldn't be, at least you made profit instead of a lose. Most traders don't think that way when they make just an average or a percent of the actual daily, weekly or monthly profit, you feel cheated! That's greed setting in and it's one of the dangerous emotions you should check out as a trader. It can lead you to getting a lot of unexpected losses. It's the truth. You tend to loose by not being contented as you fail to realize when you should get out of a trade.
The fact is, you can't win everytime. There would be some loses so, hence you don't make the maximum profit, you ought to know that tomorrow is another day. Instead of making much in one day, it's better to gather a little in a day, week or month and it really thus add up. Traders has to learn to know when there is a win and how to be satisfied with that win.


Title: Re: It's ok if your profits are less
Post by: Xxmodded on October 28, 2020, 06:15:38 AM
Eidoo become good coin last two years where many signature bounty campaign get much reward, I think you look not lucky why have to hold coin for long term, right now we can't trust with developer because after they reach profit they will sell coin without care to buy back and burn coin supply or try for listing with bigger exchange market. Better sell coin after worth price and take other coin to get profit without hold for long term and get many risk some time when coin delist from exchange market or developer run away and make their coin dump. You can learn how many good coin first time listing and have higher price because later become shit coin with lower price after not get responsibility from the owner with not buy back and sell their coin with higher amount.