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Author Topic: Never Be in a hurry  (Read 2221 times)
jaberwock
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May 20, 2022, 04:46:05 PM
 #301

Being in hurry is not good it can make us loss if we always decide in hurry. I believe that if we sell or buy we need to stay calm and stay positive. Sometimes investors is always do hurry decisions because of the greed they always wanted to earn on a very short period of time and they end up losing a huge amount of money.
Depends on the situation. What if you are late in your job. Will you not hurry up? When you hurry you might be lucky to get there in time. We can also apply that scenario here in the crypto market. We can hurry buying and selling and maybe it can turned out to be great (the outcome) than if we don't hurry.

I think that being greedy cant be associated with hurrying. You hurry for some reasons and not because you are greedy but there are also people who don't hurry and still manages to become greedy. I am not saying to adopt a hurrying manner but it is better to be organized in everything that you do. Hurrying can only be used rarely and should not be abused.

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BitSwapNow
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May 20, 2022, 04:47:33 PM
 #302

Do your due diligence. Make calculated trades. Always have an exit strategy, target and plan. Dont just buy or sell off emotions.

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May 20, 2022, 05:53:52 PM
 #303

Knowing when to sell is one of the qualities a trader must possess to survive ups and downs of trading. Selling in batches may be advantageous at times and it could go wrong other times, it doesn't whether you sell gradually or not all that matters is that you know whst you are doing and also know the best time to exit a trade.
Selling in batches minimize the loss as well as profits so it all depends on our acceptance level, when we are okay with the less profits we can go with the conservative way of making the capital value secure first and then try to make profits but for me its better to use the stop loss feature to save us from huge loss and also it eliminates the risk of losing our profits when the market favour us and let us to make huge profits.
indeed in short-term trading moreover, we have to take advantage of the moment well, when to enter and when to exit, because we must immediately take profits or make transactions, but it must also be in accordance with the area we have planned, not to force entry into the market when have not entered the area we had planned, because it happens often
Moreover, with the current market conditions are still red, it is necessary to be careful in making decisions for short-term trading,
full of risk it seems to trade for the short term amid the current conditions,
it may also be difficult to determine the time to sell and buy so it's better as much as possible to minimize risk

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Rigon
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May 20, 2022, 06:05:45 PM
 #304

Yes, of course. Never rush on a trading platform or any work. Those in a hurry have suffered in one way or another.Especially those who trade in a hurry on the trading platform but almost always lose their funds.It's from my own reality. I have lost a lot in the rush of life. So I would say none of you do anything in cryptocurrency in a hurry.
sklopan
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May 20, 2022, 06:39:38 PM
 #305

In fact, haste really hurts the trader a lot. I have verified this more than once.
BITCOIN4X
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May 20, 2022, 06:50:58 PM
 #306

In fact, haste really hurts the trader a lot. I have verified this more than once.
Don't be in a hurry, maybe this is a good warning for everyone who doesn't do analysis to invest. I don't think that buying bitcoin at the current price indicates that we are in a hurry just because the price is correcting. The price may be able to drop lower, but buying on the way down is good if we want to implement an accumulation strategy.

I do not recommend that you trade when the market is correcting because if you fail to have a way to control your emotions then you will definitely lose if the price drops deeper. My advice is investing, it's much better than trading in my opinion but of course you have to target profit in the long term so you have to be willing to hold your asset around for that long.

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Fatunad
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May 20, 2022, 08:43:09 PM
 #307

In fact, haste really hurts the trader a lot. I have verified this more than once.
It cant really be avoided even if we do say that we are fully aware on how market moves which you would really be having the same mistakes but somehow it is on a controlled manner since you do know
on what you would gonna do or the things specially on this one.Making yourself in a hurry would really be putting you into trouble yet this would really be creating those mistakes
which you should really avoid it as much as you could but there are things which cant really be avoided even how much you are that experienced or does know about on things.

R


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