Are you sick of cliche trading advice?

[yanto@1977]

I've been in cryptocurrency trading for a while, and one of my pet peeves is hearing the same regurgitated advice.  The two most frequent are "Buy low and sell high" and "Buy the dips".  When the market corrects, "You should have taken profits."  When it recovers, "You should have hodled."  It gets old.  What do you think?

That's the point of trading knowledge and you should do that because I believe is not difficult to understand. Make profit become difficult is just because us always ignore the rules and have powerful faith that our strategy is the best and don't have to fix it. Market always change create trend with similar pattern, of course our strategy should adapted. I'm not sick hearing the same advice but thank you for all people who make time to remand me about the point of trading.

[1715142740]

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[clarkt]

You are right!  These hold and sell advice is becoming boring.  But these advice as repetitive as they were still works!  It is like Bitcointalk forum.  No fancy graphics,  no upgrade in UI and everything on Bitcointalk forum works continually.  Boring activities is where goldmine is!

[Qartersa]

Yes because the buy-low, sell-high technique is the basic! Do not expect others to share trade secrets, other than that, because that is never going to happen. So if you are too sick of all the basics being shared here, then do not ask! Study on your own by conducting research. Some people in this thread are expecting, or rather, demanding to be spoon fed every so often. And when they are being taught of basic concepts, they get angry because they have heard it so many times. How ungrateful can these people be? It may just sound cliche to you but that really is it. When time comes you are caught in a bad situation, just remember this and you will never go wrong. You are somehow guaranteed that you get the return of your investment and return on investment, respectively.

[Leonard2016]

Yes , totally!
most of the questions in trading discussion are similar!
there should be one topic for each coin to discuss about it i think
i think i make a topic about neo myself.

[patispace]

You forgot the two most imfamous cliche trading tips of all time and those are

-DYOR (do your own research for those who don't know )
-Invest what you can afford to lose

Although "Invest what you can afford to lose" may seem cliché, it is one of the wisest recommendations, but at the same time it is one of the most ignored by the sudden enthusiasts who want to get rich overnight. By the way, another of the clichés that I have found in different investment systems (which actually involves legal issues) is something like "past performance is not indicative of future results" (Disclaimer).

[Ryanpogi]

I just want to get what I deserve. I think I'm not hurt because of their goodness. There is no trimming any post here in furom.

[squatz1]

I mean yes and no, yes in the fact that they are usually right. Hodling is something that works in traditional investing, and (still) in crypto as of right now. So it's not like they're wrong about what they're saying, as they are still correct.

NO in the fact that it's just annoying to hear it. You can't expect human nature to not want to sell when things get bad, that's how people are.

[otundebis]

The old advice been dished out is no cliche at all.  If you want to be successful at trading, it will be  in you interest to heed these old boring ideas, Why?  Because they work as far as trading is concern.

[Ems30]

Even your advice are sick of cliche,it might be helpful to those people  are not  be able already aware to know the essence of trading,,or to those people tried of this strategy even it is old strategy but is great because its very tested as good even have a risk condition between us ,but the main point you have also to help of some people to know the other side strategy about trading,,to avoid from another mistake,,