i think its not a "bad psychology" but rather a human nature, no one wants to lose on anything, and when we put in that situation our instinct kick-in "its better to lose a few, rather than to lose all" which lead as to panic selling. Thats why its always advice "Do not trade with emotion"

This site is the best source to learn trading, I think i read few post regarding that they come from stocks trading and when they transfer to the crypto trading they say its different, they can only apply the basic of trading and they cant apply the technicality in stocks trading to crypto trading. I guess atm there is no books where you can learn trading in crypto.

My first month in trading was same as how you describe it, My investments comes from the savings of me and my wife. At first Im really scared when the price of the coins goes down to the point where I sell it to minimize my lose, just like you did. I was afraid our hard earn saving will be gone like a bubble, but as the day past by, i did learn from my mistake and come to point where my total balance reach about  150% of our initial investment. So i withdraw our initial investment and the only remaining balance was left was the 50%. It was only half amount from the initial investment, but the good thing is, i DONT FEEL FEAR ANYMORE either the price of the coins go down and just wait for it to high up again (just make sure youre doing research in youre chosen coin), because the investment that im using now does now hold its sentimental value anymore. FEAR in trading is really a great barrier and greatly affect youre performance. Now my total balance is about 400% in our initial investment.

I sell when i reach my goal which is a 5% in increase, its better that way rather than to wait for it to reach 50% increase then drastically downfall and you end up in negative.

User: TeamUp
Postion to Apply: Jr. Member
Posts Start: 31
Address: 17FkEWVyAbgoYZuNnE71patFvqBzE3ox5W

this will be my first ever campaign if ever im accepted. Thanks

This is a great help, I would appreciate if you can send me a copy. Thanks

It actually depend in you're self and the strategy you choose. Dont be too greedy set youre goal in minimum, an increase if 5-10% is already good rather than to wait for it reach +30% that you wont even sure if it will reach or not. High Risk, High Return.

You dont have to worry to suspected as BOT, because in the trading platform that im using (and i do believe in other platform also), i personally reported a suspicious trading activity (its trading same exact amount over and over again) then one of there staff told me "its allowed, thats what API's is for". So yeah, BOT is allowed in trading, so you dont have to worry about making to much activity.

Im also thinking about this, why would they turn into scam now of all time? when the Cryptocurrency trading is booming, when they earn from trading fee. I really doubt they are so stupid to do that.

It is indeed unpredictable!! I've been trading now for almost a month, somehow my investment did grow a beyond my expectation. But still each day i start trading, my heart still beating so fast like the first day i did start trading. LOL

There is no pattern in the market, it only goes down and up. If the price of the Coins is RED at the moment, then for sure it will go green in a few days, same with the green Coins, if its GREEN today, most probably it will turn red in a few days. So to be sure, dont buy those coins who are already high in there regular price.

Always do your research before buying the coins, (to be safe, start with the top 10 coins).
Its normal to make mistake, but be sure to learn from your mistake
When you see the price is going south, NEVER SELL in panic
Set your earning to lowest, dont wait for the price to reach +10% or +30% because at the end, you will gain nothing
And BE PATIENCE,

bago lang din ako sa trading, isa sa mashahare ko is, dont be greedy, sabi nga ni Sir ximply, set youre profit around 5-10% lang, ok na yang 5% kisa naghahangad kapa nang malaki tapus mawawala nalang bigla. Also for the newbie like me, NEVER ride a pump (not unless 100% sure ka na nagsstart palang ang pump), hindi natin alam yung pump na niride natin yun na pala yung tok-tok nang price, tapus bigla nalang baba, lugi tyo (ilang besis ntong nanyari sakin.lol)

parang ABS'CBN naman kong mag title, Misleading talaga. yung iba hindi na tinitingnan yung buong video mismo kasi mahaba, sa title nalang nagbabase nang information. Pero laking tulong tong ginawa nya, ma share ko nga to sa fb

off topic:

yung brother ko tumawag agad, lol
ka-iinvite ko lang kasi sakanya mag-invest sa bitcoin a few days ago lang (nag BUY and HOLD lang sya sa coins.ph), ngayon tumawag galit na galit, kasi scam daw yung bitcoin! hahaha (eto yung mga taong example na sa title lang nagbabase nang information)

Master Lodi ximply, pwede po paki explain yung tinatawag na "price correction"? pano po natin malalaman na magpprice correction ang coins after nito tumaas? Thanks po

off topic

napa "WOW" ako dito, during that time around 2 months ago lang, around 200k lang ang btc, kong nag-invest ka noon, 500% na tinubo nang investment mo ngayon. pak shit!!! hahaha

Im new in trading, started around mid November this year. Even thou I already read a couple to tips here in Bitcointalk (which is a very great help) somehow there are still lesson which we learned the hard way and one if it is "Dont be greedy, at the end of the day, you will earn nothing".

You? can you share what you learned the hard way in trading? its a great help to us who's just starting our journey in trading. Thanks

Magandang balita talaga ito, dami na nag-iinvest sa btc, lalo na yung mga exchanger, atleast marami na tayo choices kong sakaling magbuy tayo nang btc, hindi na monopolize nang coins, masakit-sakit din kasi sa bulsa ang fee ni coins eh, tapus wala tayong choice kasi si coins ang pinaka convenient kisa sa iba.

umabot nang halos 19.3k si btc ngayon, pero parang baba uli

dont give-up! you already paid worth 1.8k USD of learning, learned from your mistake, if you give-up then, it really become your lost. Im also new in trading and do mistake frequently but some how i learned from my mistake and somehow try my best to avoid doing it again. If you live in a country which salary is approximately 300 USD/month, then i can guess that you are living in Philippines? (thats our basic salary).