Byakuga
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December 04, 2020, 02:37:47 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Good warning, the problem is there will always be some who will get trapped in the bear market because they failed to take profits when the market is pumping, it's always a wise choice to take profits, even if the coin you sold grows higher you aren't missing out entirely, atleast you made some profits, that's all that matters cos a half bread is always better than having none
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Princejebs
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December 04, 2020, 02:58:31 PM |
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No matter how sweet the bull market is, some traders and investors wouldn't sell. I know some buddies that has been holding Btc from 2017 at $10k, till now they haven't sold. They are maximalist, they cherish it and I'm cool with their ways.
Personally, I'm so emotionally when I see my portfolio in profit. I sell and wait the market cool off and rebuy as it bottoms out. Buy the rumour and sell the news has been helping, that's my strategy and not a financial advise.
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hannahB4
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December 04, 2020, 03:00:11 PM |
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Your topic is very educative as it opens investors eye not to misuse this opportunity of this pump. Some people will sell all the coin they are holding now because of the price hike and the profit involved while some people will hold heir coin waiting for higher profit to be attached to the coin. Everything should be done wisely
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zulfi125
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December 04, 2020, 03:32:18 PM |
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Everyone should wait for the right time, and in the crypto market, you get a chance to profit from your investment or hold some time you never know that altcoin will give you more profit. Still, you have to make a good profit from them, so I suggest if your trader, you should always set your target, and when you have reached it, you should make your profit from cryptocurrency trading.
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militiariko
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December 04, 2020, 04:04:14 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
This is just the basics and the core pronciples of trading that i so much believe in; don't have emotions for any token; you are trading crypto currency for business purposes only; so stick to this and always take profit, also, learn to have a trade plan or pattern; to help you know at what prices to buy low and also to take profits.
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Onika84
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December 04, 2020, 04:08:54 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Agree, preferably when trading one must have an entry point and a price target so as not to get caught up in wishful thinking. Several times I learned about this, and still emotionally overwhelms me in trading.
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arabianhorse
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December 04, 2020, 04:14:52 PM |
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Don't be Emotional, Don't be Greedy for Trading. Trading is an addiction that is very deadly. It is better to understand the market and trade. Emotional Trading can make our fund void. And given the current state of the market, Emotional Trading is very dangerous.
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fvb
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December 04, 2020, 04:24:08 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
These are definitely understandable truths. But we are all human and emotions are a part of us. Sometimes you start to worry about a big fall and sell so as not to lose everything. Famous people said that the one who knows how to wait usually wins.
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StyleForceOne
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December 04, 2020, 04:26:11 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Everyone is excited, but that doesn't mean you should invest in lets say btc at $18,5k mark only because you see posts about "$200k BTC TOMORROW!!!". Think with cool head and invest wisely, don't listen to anyone
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Cling18
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December 04, 2020, 04:31:33 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
We should've taken the bear market for years as an opportunity for us to buy and invest more so we'll have something to reap during the ATH. Our excitement couldn't give us a good profit if we'll buy while the price is still high. We better set a reasonable target now and take profits when we have reached it. It's about time to control our emotions or else it would be the one to control us.
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akirasendo17
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December 04, 2020, 04:38:41 PM |
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op is correct its always the problem of some investors, being greedy, they tend to invest everything once they have seen a lot of money being generated, which sometimes may result to lose all their money together with the profit they have gained, no matter how big or small don't forget to make a profit and save it, keep the capital and play with the profit.,
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Galley
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December 04, 2020, 04:48:50 PM |
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Controlling your emotions is actually not an easy task, as it might initially seem. Faced directly with the need to make a decision at a given moment in time, we can ambiguously assess the situation that has arisen. And from us is required complete concentration and taking control of our greed. Nothing should get in the way. Trading does not tolerate fuss.
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Ayiranorea
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December 04, 2020, 04:52:23 PM |
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What's been eloborated in the opening post is the reality about the cryptocurrency market. Whenever there is price pumping with bitcoin, people get greed and tend to hold or play for profit. Emotional failures were very rare to happen, because people who are long term into the market will not fall emotional. Greed always accompanies when we look for short term profit with very minimal investment.
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sapnu
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December 04, 2020, 05:30:58 PM |
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that's what we need in investing in crypto, because not all projects or coins can maintain their value or even last long in the market. So, as long as you have a good coin and you see a good opportunity to sell it, sell it immediately if necessary. and usually people often lose money because of greed.
That is why you should have some portfolio when you are holding or trading some tokens so that you have a guide for you to follow on when is the perfect time for you to sell it. Just make a good and solid portfolio so that your funds and investments are secure. Sometimes being greedy makes a good profit because you are gaining income instead of selling it fast, but regrets are the affiliation of that greediness. As long as you have enough knowledge about investing and trading, you don't need to be emotional, it's your decision after all.
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minhkhoa
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December 04, 2020, 05:49:46 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Your advice is very good and very profound. I also lost a lot of money investing in Bitcoin. I trade bitcoin and I make some spread but I don't change to USDT to make a profit. Because my feeling believed that Bitcoin would continue to rise at that time but it went against my thinking. I lost some money and left a painful lesson.
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cryptopediabd
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December 04, 2020, 05:57:56 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Yeah dude thanks for your awesome suggestion. In this huge pumping season we need to hold our emotions. I sold some investment coins as well as tokens. I earned most profit on chain link. I hope you also earned a lot. Currently I am doing future trading on binance. And I made huge profit on Eth/USDT pair. I am thinking to invest after 2-3 months when cryptocurrency price will be down.
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Slingshot
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December 04, 2020, 06:45:27 PM |
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Greed is very dangerous and can some point pay but being greedy when trading or in anything isn't good. Greet has led many into had o know. Let's be very careful and set a target about our investments Once it's achieved move in to another than being at a place and getting liquidated. Let's wise up please.
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dunfida
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December 04, 2020, 07:46:35 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Yeah dude thanks for your awesome suggestion. In this huge pumping season we need to hold our emotions. I sold some investment coins as well as tokens. I earned most profit on chain link. I hope you also earned a lot. Currently I am doing future trading on binance. And I made huge profit on Eth/USDT pair. I am thinking to invest after 2-3 months when cryptocurrency price will be down. This is a must thing to consider when you are already in greens where you do really need to sell it off and secure it out while prices are still on peak not just on selling out when you already get caught with the dump which are usually most people do when they are holding off their coins where they do believe that it might able to shoot up even more which it is always a questionable thing to happen.Greed is always there and this is why we should really be strict on controlling it because if we do let ourselves fall into that certain emotion then that would highly affecting our decisions towards our investment.Just follow the simple rules you had made earlier and stick to it.
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magnum cyber
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December 04, 2020, 08:02:55 PM |
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Greed and unable to control emotions are one of the main reasons why a person can easily experience losses in investment, and there are several other factors such as lack of knowledge about investing, lack of project research and unable to manage financial management properly.
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Renampun
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December 04, 2020, 09:17:41 PM |
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Many of us really hope Bitcoin continues to be bullish without stopping... your logic must be above your greed, you must be aware that the market is not always bullish, there will be times when the market is saturated and there is a market correction. *you, not greedy->definitely have nothing to lose.
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