cytpoway121 (OP)
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February 22, 2021, 03:46:00 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
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batang_bitcoin
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February 22, 2021, 09:01:02 PM |
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Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell, you can sell as quickly as you can. But I agree about selling in batches, that will do the trick if you are hesitant to sell all that you've got. That can help you to minimize your potential missed profits if ever the market goes up and if the market goes down, you'll just have to hold it and wait until it goes up again.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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nelson4lov
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February 22, 2021, 09:46:54 PM |
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I've been in the crypto space for a while ~ a couple of years give or take and in that time, I've had my own fair share of regretful trades. Most of the time, I was selling too early. Other times, too late. I don't think there's a way to know the "perfect" to sell or buy so it might be a good idea to take some profits and let the winners keep riding. Then if buying, we can use DCA strategy to stay afloat in the trade and keep our average at a good price level.
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seleme
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Duelbits.com
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February 22, 2021, 09:54:39 PM |
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Human emotions affect the profitability of the investors and they rush to buy or sell the portfolio without thinking about the possible risks. Cutting the losses as soon as possible and letting the winning trades run will save the investors if they can analyze the market correctly with the right mindset. The market never gives the profit we want from it first and it is a time-based game applied on the trading charts.
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Johnyz
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February 22, 2021, 09:55:26 PM |
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Only if you know when to sell and buy, for sure you don’t need to be in a hurry always because that’s not good strategy and you looks like you’re dealing with market using your emotion. Don’t FOMO and buy when necessary for you based on your own timeline, and do sell to take profit not out of panic.
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dunfida
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February 22, 2021, 09:59:11 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Neither both things could be used depending into someones risk management because there are pro's and con's between two things depending on how you do deal with it. Im a trader that do able to do both things depending on the situation.There are times i do sell or buy in batches or going all at once basing on the opportunity that i do saw. It turns out to be effective for me on having that random kind of behavior.Experience is the best teacher and as far as you go you would eventually learn up things that you havent learn up on the past. Just explore and continue.
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Kocret02
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Trident Protocol | Simple «buy-hold-earn» system!
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February 22, 2021, 10:27:46 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
sometimes step by step is necessary to do this is useful because the market will usually be volatile if we enter simultaneously the market will experience a dump. and if we sell simultaneously the market will pump significantly. this is so unfair. so step by step is the best step.
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ReiMomo
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Duelbits - $100k Bonus/week
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February 22, 2021, 10:29:36 PM |
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NO, it will depend on which crypto you are trying to sell in hurry, sometimes it is good to sell in hurry. I have been in bounty for how many years after a coin will be listed on an exchange, it is expected that it will drop, and the first price when it is listed is a pretty big amount. So, I don't hesitate my self to sell in a hurry if I know that the project did not have the potential to increase.
But if in bitcoin, it is a different story, I will hold as much as I can.
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| | | . Duelbits | | | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄▄▄ | TRY OUR
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maxreish
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February 23, 2021, 01:10:09 AM |
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And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Selling or buying a coin needs some proper knowledge before doing so. That is why it will be a great help if we know how to read technical analysis. So we don't hustily ride on a hype or suddenly jump to buy coins at peak. While I agree at some point that selling first batch, second batch method is good when the market is continuosly bullish because that's what i did with my bitcoin though. Selling some part when it was reached $19k but still holding some and planning to sell it again this time with decent profits now.
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TravelMug
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February 23, 2021, 01:13:49 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
Of course, as this involved your hard earn money, you need to be very very careful of which coin you are going to invest. I'm sure many of us here learn a very expensive lesson when we are just a newbie or beginner in this crypto trading. The thing is, we should learn from our past mistakes. And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
You have a point in selling, but it depends on the individual itself. For me if I sell a certain coin at once, I never look back so that I won't regret my decision if the price goes up again. At least I'm satisfied with my exit strategy.
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tranthidung
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Farewell o_e_l_e_o
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February 23, 2021, 02:49:50 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
Rule #1: Don't chase the market Rule #2: If you don't see reasons why price is moving or will move up more, don't join the market. FOMO Trades are for the times when price breaks resistances after a few times of testing, failures, and retesting. When resistance is broken up, price will rise significantly. Chase the market is different as people don't know what they are doing and why price is moving up. They will fall into panic sells consequently and they don't have too much higher levels to take profits. And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
With profit taking method, you are right. Selling all your coins or tokens at one price can cause missing chances if the market only moves to a little bit lower than your set price. In addition, if you sell all at one price, and your amount is big enough in that trading pair, you can unintentionally create sell wall. Sell walls result in fear on the buyers and they might hesitate a lot to buy your orders. It can be different if the sell walls are set up by whales (real whales) to wait for liquidations.
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Gaaara
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February 23, 2021, 02:52:08 AM |
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The best thing you can do as a beginner is to get as much information as possible, FOMO can never be out of the conversation it will always affects trading in a certain way since its not always a bad thing, if you can control your emotion and approach things intellectual you'll do good. I usually use a 3 days rule where I will use the 3 days to decide if I should or not buy a coin, I call it testing water where if the have a positive market range in that 3 day span then that's where I buy.
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Sinjokubhi
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Sinjokubhi
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February 23, 2021, 03:09:15 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
That's right, one of the keys that is needed is patience. In buying or selling currency, it is necessary to consider whether the currency will rise or fall. Especially as a short-term trader, patience and thoroughness are needed in every purchase or sale of the selected currency. Likewise we as long-term investors. We must be sure of the funds that have been invested in the currency that has been selected. Of course, investing in that currency. Even though it looks easy, it is precisely investing that requires patience. The accuracy and certainty need to be reconsidered in buying currency. And it is also true what you said, to start investing, we put small funds first, to monitor whether the currency can be used as an asset later, before we invested our funds in large amounts. And one more thing, don't invest all of the funds you have, because some of it can be used for a return on investment if you experience a loss.
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Kelvinid
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when lambo...
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February 23, 2021, 06:15:55 AM |
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And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
I had a bad experience with this strategy, and it comes to the moment that I miss the ATH as I was expecting more to rally but the dumps have come and missed it. Yet, to be a good strategy but sometimes we need to look on the trend and never be confident enough for the uprising momentum will stick for a longer time, it sometimes just stop and turn back down again. I realize that trading could somewhat need luck also, coz we can't be all in good times always.
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Wexnident
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February 23, 2021, 06:25:34 AM |
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It's not that you're not supposed to ever feel being hurried, but you should know when being in a hurry is negatively affecting your judgment, though generally hurrying means that your emotions are getting the best out of you, there would be some rare instances that it doesn't I'd suppose. The idea of trading whatever you can, no matter how small is quite good though. Probably why I also enjoyed trading with virtual money back then, even though it absolutely has no value, just seeing that my plans were actually doing something positive is enough to influence me to start trading, even with a small capital (though I quit since im too emotional).
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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777Jolami
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February 23, 2021, 06:26:24 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Yup. Hurry is a bad quality in life, work, business, and investment. When buying / selling in a hurry often does not have enough time to think about, stress always makes us lose the opportunity to grasp the situation. Sometimes, selling or buying in a hurry causes you to enter the hallucination of an emotion. And then, losses are worse by the next decision. Hurry is the enemy of crypto. It is a nature that needs to be changed in order to make a better profit / income.
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TopTort777
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February 23, 2021, 06:34:53 AM |
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Worst situation you could image being in a hurry is trading. Several times I have bought alts ten times more expensive, because I accidentally failes with decimals. Also few times I have entered trading pair, examined the graph and placed buy order quickly (with the price that offered me exchange, when I enter pair), when the current price is already lover.
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dihari
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February 23, 2021, 06:46:45 AM |
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The method called DCA (Dollar Cost Averaging), where you being on hold to do it all (investment) at one time. The opposite of the lumpsump method. It's all about our mentality of facing the market. We can't predict the market appropriately, that's why I agree with all op has said. Buy gradually, sell in batches.
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TheUltraElite
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Call your grandparents and tell them you love them
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February 23, 2021, 07:14:45 AM |
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You will be in a hurry if you are having some shitcoin that you bought in back in 2017 hoping it to be the next bitcoin (< it was common then) and then you have not been in any position to sell it in the crypto-winter. Like Doge for example, when it pumped we saw a massive selling pressure and that is not a bad thing though - getting the cesspool in your portfolio out is a good thing to do.
What is actually bad is panic selling or panic buying. People have panic sold bitcoin thinking it will not come back up but such fears are irrational and only lead to loss of money. This also happens when your basic belief of bitcoin is weak and therefore such a person should not enter trading.
Dont be FOMOed when Musk pumps the next coin. Sell it when he does though. Dont trust these people at all.
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Julien_Olynpic
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February 23, 2021, 10:38:01 AM |
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Sometimes you still need to hurry. For example, after a promising altcoin faces a strong rally. Then you can really be late. Therefore, you still need to collect a position for each trading instrument in advance. If we were never late, then there would be no point in trading on the stock exchange. Fortunately, this is not the case. Timing plays a very important role in our life. Each position must therefore admit a certain percentage of error.
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isaac_clarke22
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February 23, 2021, 04:41:50 PM |
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That "batches" part quite varies on my end. Sometimes I sell small especially when that coin was for a longer-term and go back to hodling again. I never zeroed out my coins cause that feels draining in my sanity actually. Some people just tend to hurry in newer projects because they fear that those fancy discounts or price corrections is the last lowest price they can buy at. Here in Bitcoin, some people tend to panic or overreact when the price just seemingly goes red a bit and when some celebrities just said something about a certain coin.
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sheenshane
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Cashback 15%
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February 23, 2021, 05:03:37 PM |
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I tend to agree with the OP, never be in hurry. But isn't also had a problem if your profit was there much better so sell the half and the remaining amount might hold back again. The common problem of traders are those emotions and panic selling is one of the biggest emotion that should traders needs to be controlled. But it's a different story if you have to hold altcoins or let say new projects, I will mostly sell them all once I needed because holding altcoins are might risky.
Sometimes our greediness makes us down if we're not contented with having profited from trading but I will call you the dumbest person I've known if you will sell your Bitcoin under the price you'd purchased.
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ScamViruS
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February 23, 2021, 05:30:36 PM |
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To trade, you need to control yourself and control your emotions. I have been involved in the crypto market for a few years now, and I have learned from trading in the crypto market that you can do better by controlling yourself. If you have knowledge about trading then you will understand what is the reason for pumping the market, because suddenly due to pumping the market, many traders become interested in hurry buying. And as a result they face problems later. If you want to get out of selling hurry buy and hurry you need to have proper trading knowledge.
With the right technical and fundamental analysis you will be able to find the right direction that will show you the target to buy and sell.
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Golftech
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February 23, 2021, 05:51:46 PM |
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That "batches" part quite varies on my end. Sometimes I sell small especially when that coin was for a longer-term and go back to hodling again. I never zeroed out my coins cause that feels draining in my sanity actually. Some people just tend to hurry in newer projects because they fear that those fancy discounts or price corrections is the last lowest price they can buy at. Here in Bitcoin, some people tend to panic or overreact when the price just seemingly goes red a bit and when some celebrities just said something about a certain coin. It's hard to predict since the nature of this market is really very volatile, it's always good to have your own setup plans in order not to missed your chances to earn, there are traders who continue to work with certain projects that they've believe that it will boom out in their target time frame, you don't need hurry things out, a good back up plans will help you to figure things out.
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milewilda
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February 23, 2021, 09:46:38 PM |
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Sometimes you still need to hurry. For example, after a promising altcoin faces a strong rally. Then you can really be late. Therefore, you still need to collect a position for each trading instrument in advance. If we were never late, then there would be no point in trading on the stock exchange. Fortunately, this is not the case. Timing plays a very important role in our life. Each position must therefore admit a certain percentage of error.
Timing is everything and every decision would make would neither result into good or bad outcome basing off on the market randomness.We cant really able to predict on whats ahead thats why we do make lots of ways or methods to do some analysis which might or might not be that effective towards it. Hurrying on everything wont really give out an advantage but doesnt mean that it would be having negative effects either. Its just a matter if certain action would be appropriate or not.
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Issa56
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February 23, 2021, 10:02:49 PM |
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When it comes to cryptocurrency you don't have to rush whenever you are buying a coin or whenever you are selling a coin!!! When you want to buy a coin you don't have to be in hurry to buy it, you don't just have to rush to buy a coin just because you notice the price of the coin is pumping already you will also like to rush and buy the coin when you are trading that's a bad thing to do and when you are also buying a coin you don't have to buy all at once I think is better you buy in percentage when a coin price is down you can buy like 20%, whenever it dump more or pump more you can still buy 20% again avoid buying all your coins at once. Whenever you are trading you have to avoid rushing to sell your coin whenever is dumping just make sure you are holding a good coin and you don't have to rush and sell and make sure whenever you are also selling always sell in percentage don't sell at once.
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Yatsan
Legendary
Online
Activity: 2394
Merit: 1231
Leading Crypto Sports Betting & Casino Platform
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February 23, 2021, 11:02:36 PM |
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Being in a hurry is sometimes good but most of the time is bad. Being in a hurry can sometimes be good in a sense that you are following the hype and the flow of the events in the market enabling you to get along on the market movement. Being in a hurry is mostly bad for you are being driven by emotions and you are still not yet composed of how can you possibly deal if sudden unexpected happen and since you have just get into a hurry buying and selling your coins, you will be regretful and frustrations will come along with you. Better be careful and wise on engaging with the market for it is not a race and you must strategize first so that you will not be in a panic situation because you know what you are doing.
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MCobian
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February 23, 2021, 11:27:58 PM |
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I agree to rush into decisions when trading is not a good thing. In my opinion, if we want to become successful traders we don't panic quickly seeing the market situation. For example, the current Bitcoin price dump is quite deep, even a few hours ago the Bitcoin price hit a price of $ 45k. Though a few days ago it was still priced at $ 58k. If we are now in a rush to sell Bitcoin, then I can be sure to regret it.
Because as we know Bitcoin recovered several times very quickly. And don't rush into buying, we do not want become FOMO, consequently will buy at high prices. The key to trading success is patience and must be able to analyze the market correctly.
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Edsemen
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February 23, 2021, 11:34:33 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Holding some bunch of shitcoins must not think of that idea of being in a hurry, and it's kinda frustrating these days but still I prefer to more strong instead of being depressed. I've just started to divert some of my funds with other coins like xrp and trx, and keep myself motivated everytime the market fluctuates. Also, I prevent some sort if panic and let my asset grow despite of rumors from fud news.
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kramchers
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February 23, 2021, 11:40:06 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Perhaps, this depend in the situation dude, because sometimes there is a chance that we need to sell it quickly if we know the price value will drop in the exchange or in the market. Although, I agreed that we need to learn always every time we make a mistakes in trading in the platform of exchange something like that.
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taufik123
Legendary
Offline
Activity: 2520
Merit: 1724
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February 23, 2021, 11:52:24 PM |
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Being in a hurry is sometimes good but most of the time is bad. Being in a hurry can sometimes be good in a sense that you are following the hype and the flow of the events in the market enabling you to get along on the market movement. Being in a hurry is mostly bad for you are being driven by emotions and you are still not yet composed of how can you possibly deal if sudden unexpected happen and since you have just get into a hurry buying and selling your coins, you will be regretful and frustrations will come along with you. Better be careful and wise on engaging with the market for it is not a race and you must strategize first so that you will not be in a panic situation because you know what you are doing.
Strategies are very necessary to be done in order to deal with situations like this. Sometimes I get caught in favorable and unfavorable situations. when it happened FOMO which required me to sell my tokens. The best option back then was to sell 75% of my total tokens when FOMO continues and the rest I hold for the next price hike, maybe that will be a pretty good and safe strategy. I try to adjust my psychology not to rush into decisions. The important thing is not to All in during FOMO when you are not sure and don't sell when you lose when some corrections occur. Must stay calm and be smarter in making decisions.
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maydna
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February 24, 2021, 12:51:22 AM |
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That is what we need to before doing something, so we can make sure that we are ready for anything that can happen to the market. If you can analyze, it will help you know the current situations, and if the price is at a low price, you can buy it more after analysis. But doing a hurry in buy or sell will not be good because it can move to any price after you buy or sell. I agree that we can buy or sell for some small amount to see where the price will go, so we can know how to anticipate the losses if the price is down. But if you think the price will go down after the price reach the high price, you can sell it before you miss that chance,
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Innerpumper
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February 24, 2021, 01:04:06 AM |
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Asset management is very necessary, comrades. I think the best thing is to buy gradually and not with the whole asset. Buy 10% of the assets and buy some potential coins, even though the market is currently trending down. I'm sure I'll recover in the next few days.
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justdimin
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February 24, 2021, 10:23:11 AM |
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Too much of anything is bad whether its sweet or sour, applying the same logic we can say having too much patience and being a saint while your portfolio is suffering is not wise. Similarly, just losing $1 value on Bitcoin should not make you sweat your pants and sell your bitcoins developing fear of the market collapsing.
I don't know why the same guys who were so positive about bitcoins and the future are suddenly so worried that they are asking others if they should hold their coins. A few weeks back guys were suggesting others to buy bitcoins and those same guys are now asking in telegram groups, I follow a few, about whether they should sell their coins as the market is collapsing.
Just cool down and don't follow the price too many times a day because checking it again and again is only going to break your confidence and ultimate you will end up dumping your coins, once again for a cheaper value.
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lixer
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February 24, 2021, 02:15:43 PM |
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Sometimes our greediness makes us down if we're not contented with having profited from trading but I will call you the dumbest person I've known if you will sell your Bitcoin under the price you'd purchased.
Trading is all about selling and buying at the right time and people call it a mistake to sell cheap and buy costly coins but this is just unfortunate and not a mistake because none of us knew which direction the market will swing in coming time and we still don't know. There is a difference between panicking and being over confident with your coins. Like with bitcoins as the price drops, I do not worry too much. But when the same happens with a another insignificant coin of lower volume and market cap, I am much more aware and active because the coin might be dead while I am sleeping and its better to sell and avoid losing everything than to sleep on the coins and lose everything next day. We must never be in any hurry but also like you said, make sure you are not to greedy. Crypto is all about balancing between greed and panic and being sharp with decisions, if even they are wrong sometimes.
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doctor877
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February 24, 2021, 02:37:37 PM |
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experience will always teach you to what to do in future. trading requires a lot of learning, and applying every bits of it. just like you have a put it in simple terms, never offload all your bag of tokens except you are tired of the project or you have another thought about it. sell in batches and always make it a priority to remove your capital.
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Distinctin
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February 24, 2021, 03:00:50 PM |
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experience will always teach you to what to do in future. trading requires a lot of learning, and applying every bits of it. just like you have a put it in simple terms, never offload all your bag of tokens except you are tired of the project or you have another thought about it. sell in batches and always make it a priority to remove your capital.
Of course, it makes no sense at all if we are keeping the same coin, put our eggs in one basket even we know that it never grows for how many years. That is why we need to look for another opportunity, another coin that could able to give us some profit. But, it is something we need to think about it first before taking an action and to choose the best one. Leaving to coin that is already helpless and ain't profitable anymore is not a sacrifice but a chance to grow our funds and we must have to be HURRY, for a chance not to miss our precious time holding such coin which is nothing we have to get in the end.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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gabbie2010
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February 24, 2021, 05:36:50 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Perhaps, this depend in the situation dude, because sometimes there is a chance that we need to sell it quickly if we know the price value will drop in the exchange or in the market. Although, I agreed that we need to learn always every time we make a mistakes in trading in the platform of exchange something like that. Selling in a hurry had hunted me several times in trades that are profitable in a long run once I pulled the trigger for sale the coin will pump in the next 24 hours thus depriving me of reasonable profits, I believed this has to do with my emotions, experience is the best teacher I had begin to control my emotion and acquaint myself from this kind of situations and learn some methods of closing my trades, personally trading with higher timeframe is one of criteria in deciding when to close my trade.
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kolbalish
Member
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February 24, 2021, 05:42:17 PM |
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Hurry is always bad because any good work can't be held in hurry. If one tries to become a successful person then he should be aware of using time. Do not hurry means one should waste more time to do a work I don't mean so but in use of time, one should have more and more punctual, reliable and attentive.
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Mahanton
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February 24, 2021, 10:34:25 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Perhaps, this depend in the situation dude, because sometimes there is a chance that we need to sell it quickly if we know the price value will drop in the exchange or in the market. Although, I agreed that we need to learn always every time we make a mistakes in trading in the platform of exchange something like that. Selling in a hurry had hunted me several times in trades that are profitable in a long run once I pulled the trigger for sale the coin will pump in the next 24 hours thus depriving me of reasonable profits, I believed this has to do with my emotions, experience is the best teacher I had begin to control my emotion and acquaint myself from this kind of situations and learn some methods of closing my trades, personally trading with higher timeframe is one of criteria in deciding when to close my trade. Emotion is indeed a great factor that could really affect someones trade if you aren't really that good on handling it which you would eventually result into those bad decisions which will affect your decisions and affect your profitability.Never in a hurry because everything would have that perfect time for you to sell out even though it might be the sweetest spot but at least you do make profit in the end of the day. Target goals might differ but still having the same target in mind which is to make money.
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kawetsriyanto
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February 24, 2021, 11:54:38 PM |
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Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell
What you state is about the target, right? If the price meets the target, then it is no problem to sell the coin soon. Of course, the pump sometimes hard to predict, it can end in a short time and back again to drop. If we miss the chance to sell in the current pump, then we will wait for a long time to sell at the next pump. However, it depends on the holder, if he is satisfied with their target, then he should sell it soon without thinking much about the bigger rate to sell. Or at least, sell half from the total number of the coins.
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LUCKMCFLY
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February 25, 2021, 01:28:48 AM |
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Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell
What you state is about the target, right? If the price meets the target, then it is no problem to sell the coin soon. Of course, the pump sometimes hard to predict, it can end in a short time and back again to drop. If we miss the chance to sell in the current pump, then we will wait for a long time to sell at the next pump. However, it depends on the holder, if he is satisfied with their target, then he should sell it soon without thinking much about the bigger rate to sell. Or at least, sell half from the total number of the coins. Well this depends a lot on what you want to achieve, if the personality is merely a market speculator it is fine, if you are an investor you may have made a mistake, because investors always try to leave the maximum in profit. It all depends on what the person is, it's like defining an area.
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goldade
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The Standard Protocol - Solving Inflation
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February 25, 2021, 01:29:32 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
I am sure more people will have problems with closing trades than with entering one. I've been trading for some time now and most of my regrettable decisions in trading are when I closed a trade too early. I know better now but I wish I had seen your post two years ago and I would have avoided a lot of mistakes. However, you should know that there really is no way to when a pump will end and sometimes closing early has its own advantages. Many traders will agree with this as one must have come across this at one point or the other .
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Ararbermas
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February 25, 2021, 03:04:37 AM |
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Some of here learned a lesson when they have done a worst decision.. Lol what i mean in the first place they dont even think what are the best way and strategy to prevent worst situation on this kind of work. Well i understand there's are some greedy people but you know mistakes can't be undo and it will mark forever in our history, especially if we have huge amount of money to invest and suddenly stuck up and end up nothing.. So we must be aware never jump in any situation unless if we see it right to make a decisions and there's a potential that after the efforts we will succeed., in fact it always good to wait than to be hurry wherein in order to keep our money safe..
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Sebas.tian
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February 25, 2021, 06:53:07 AM |
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Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making. It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.
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molsewid
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February 25, 2021, 03:43:13 PM |
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Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making. It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.
I experienced it myself and I don't want that to happen again, I have a massive loss that time because I'm afraid that I will be losing too much so I made a cut loss and I sold my coin in an instant and then that time it is just the correction and instead of gaining it gives me losses and I break from trading that year because I cannot move on and I want to prepare myself again in trading so that I would not be a worry again because I know what will happen in the chart next.
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akar87
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February 25, 2021, 04:11:05 PM |
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Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making. It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.
I experienced it myself and I don't want that to happen again, I have a massive loss that time because I'm afraid that I will be losing too much so I made a cut loss and I sold my coin in an instant and then that time it is just the correction and instead of gaining it gives me losses and I break from trading that year because I cannot move on and I want to prepare myself again in trading so that I would not be a worry again because I know what will happen in the chart next. I always hurry up when my coin assets raise higher price or dump, I don't why looks panic with my coin suddenly dump and I wanna try to cut loss, just awhile later price up and I miss chance to get profit. But when coin pump I am not be patient waiting little awhile and see price up always make my finger to put sell order and just little profit I get under 5%, if waiting few minutes later maybe I can get more than 20% profit.
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AakZaki
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February 25, 2021, 10:28:56 PM Merited by cabalism13 (12) |
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I agree with several points in order not to rush into entry into cryptocurrencies and also not to rush when selling them.
Everything has to be done with the right strategy as you have explained about buying and selling it gradually in batches.
In addition, you also need to analyze any price movements of these coins. You have to find the strongest support and resistance as a reference for you to buy and sell it. Do not use the science of groping prices because it will be misleading, you must be able to do an analysis
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Ridwan Fauzi
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February 25, 2021, 10:49:08 PM |
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It is about your strategy and your understanding how to trade. A good trader is he will know what will happen next, also where the direction price will go. So as he will already know how much capital that he should spend to buy the coin also he will buy the coin partially, never use all his capital as a whole in one purchase.
Also, he will do the same thing when he will sell the coin. If he already profited he will never sell all of their asset, he will also sell partially. Even, some of them will only sell in a half to only just take a profit and the rest he will still hold because he will know that the price movement will still give him a profit.
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Japinat
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February 25, 2021, 11:32:20 PM |
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In addition, you also need to analyze any price movements of these coins. You have to find the strongest support and resistance as a reference for you to buy and sell it. Do not use the science of groping prices because it will be misleading, you must be able to do an analysis
But this seems so hard as we don't know the trend to happen next. We can't be in a whole day watching the market and that we are so lucky if we can catch the best price. I hope there is a tool that could tell us but there is nothing, and that we need to consider. Because for me, I don't follow such a strategy, I sell in bulks when the price is good and I'm pretty in a hurry not to miss it. I responded on the market growth depending on the situation. We know how the market moves, if we see it at $100 today, it can't be the same by tomorrow, and that we need to catch up.
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Shasha80
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February 25, 2021, 11:36:42 PM |
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If we trade with the right strategy and can also control our emotions, we will not rush into making decisions when trading. Therefore trading is not just buying and selling coins, but is even more complicated. Need a lot of consideration before making a decision, so that the decisions we take are right and can provide the profit we really expect. Most people who trade in a hurry, they are influenced by other people and do not have knowledge and experience in crypto trading. So it is very natural that we find many newbies who experience losses in trading, because they are in a hurry to buy coins or sell coins.
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TimeTeller
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February 25, 2021, 11:37:43 PM |
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In addition, you also need to analyze any price movements of these coins. You have to find the strongest support and resistance as a reference for you to buy and sell it. Do not use the science of groping prices because it will be misleading, you must be able to do an analysis
But this seems so hard as we don't know the trend to happen next. We can't be in a whole day watching the market and that we are so lucky if we can catch the best price. I hope there is a tool that could tell us but there is nothing, and that we need to consider. Because for me, I don't follow such a strategy, I sell in bulks when the price is good and I'm pretty in a hurry not to miss it. I responded on the market growth depending on the situation. We know how the market moves, if we see it at $100 today, it can't be the same by tomorrow, and that we need to catch up. This is the reason why crypto market is very risky investment. The price changes in no time and without reason. Even TAs are not applicable in so many cases here. But if you truly know the project and keep up with them, you will have a better idea on where they are heading. Because you can get a hint on what's happening with the project by what they are providing to the community. So you don't have to watch the market all day long, check also the progress of the project and see what are they doing in that aspect.
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geegaw
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February 26, 2021, 01:58:53 PM |
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If we trade with the right strategy and can also control our emotions, we will not rush into making decisions when trading. Therefore trading is not just buying and selling coins, but is even more complicated. Need a lot of consideration before making a decision, so that the decisions we take are right and can provide the profit we really expect. Most people who trade in a hurry, they are influenced by other people and do not have knowledge and experience in crypto trading. So it is very natural that we find many newbies who experience losses in trading, because they are in a hurry to buy coins or sell coins.
The theory you talk about is going to be different from reality when the emotions in some stage are difficult to control, we may sometimes have no intention of selling hastily or rushing to buy but as you can see, market value can increase immediately or vice versa, how can we consider carefully when the rate of drop and price increase becomes too fast compared to normal? Perhaps haste can bring wrong decisions but it also does not lack the right decisions, the most important thing is that we ensure our greatest interests, cannot consider decisions for too long when danger comes
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mersal
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February 26, 2021, 02:30:32 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
If you are doing trades in batches then you can reduce risk but you also reduce the potential gains which no trader wants to accept it.I don't think that buying and selling in small amount can be a good choice, so just do with whatever money you have but keep in mind that which should be affordable to lose.
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bitgolden
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February 26, 2021, 02:49:00 PM |
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Sometimes you still need to hurry. For example, after a promising altcoin faces a strong rally. Then you can really be late. Therefore, you still need to collect a position for each trading instrument in advance. If we were never late, then there would be no point in trading on the stock exchange. Fortunately, this is not the case. Timing plays a very important role in our life. Each position must therefore admit a certain percentage of error.
I think you do not have to really be in a hurry in that situation at all. If you feel like you are barely there and you may end up missing out on something if you do not act very quickly, there is a chance that you could actually be very late to that as well, there is really no need to keep attacking on something when you can avoid it and just look for something else. I do not really go into something thinking it is on the brink of going super high because most of the time either I am too late, or it doesn't do what I expect it to do, and on rare occasions it actually does go super high, there is really no reason to be sad about it considering there are tons of others out there. I try to be calm about it and make a long term investment, if I buy a coin, I try to hold it at least a year, and looking for those type of investments gives you a greater return.
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MWesterweele
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February 26, 2021, 02:56:58 PM |
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Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making. It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.
If we feel having our uncertainties when it comes to buying or selling our coin at that certain moment or certain amount, i guess we should take time to analyze properly why are we feel that way. It is true that being in a hurry has lead to failure in many ways. We should take time to think deep and think twice to be in a hurry if we have a certain period that need to meet, coz if there's not, i would say that life in cryptocurrency especially in trading while on your top priority was to earn a profit then it shouldn't be take it easy and hurry.
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Golftech
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February 26, 2021, 02:58:27 PM |
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In addition, you also need to analyze any price movements of these coins. You have to find the strongest support and resistance as a reference for you to buy and sell it. Do not use the science of groping prices because it will be misleading, you must be able to do an analysis
But this seems so hard as we don't know the trend to happen next. We can't be in a whole day watching the market and that we are so lucky if we can catch the best price. I hope there is a tool that could tell us but there is nothing, and that we need to consider. Because for me, I don't follow such a strategy, I sell in bulks when the price is good and I'm pretty in a hurry not to miss it. I responded on the market growth depending on the situation. We know how the market moves, if we see it at $100 today, it can't be the same by tomorrow, and that we need to catch up. Yes, we can not always watch the market, but we can set the alarm for the price up or down to immediately check on our account and do something related to the current market. Maybe you can try to set an order sell price at the price you want, so you do not miss the chance to sell your bitcoin. That will help you to use the opportunity to buy low and sell high. It's best to have such targets both for buy and sell position, there are many cases that traders missed up chances. If you are good in analysing the situation you can take the advantage both from bull and bear run. Deciding should relied with how you really deal with your research, your chance is much better than rushing everything without thinking ahead.
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blckhawk
Sr. Member
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★Bitvest.io★ Play Plinko or Invest!
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February 26, 2021, 03:53:14 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
It sounds perfect and it should be implemented in our trade, however, for some reason as we have been in this kind of situation I doubt you can follow your ideal method as our emotions will still a hindrance unless you will be able to manage it. Thus, you must be working on managing emotion first then it will all follow through. As a matter of fact, we don't know when or how the market will move but as long as we are getting profit that is all matters. I mean we could wait or sell in a hurry but make sure it will be profitable. But I like your idea of using a small amount of money to monitor the market, that would be a good strategy.
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LUCKMCFLY
Legendary
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Activity: 2408
Merit: 1849
Leading Crypto Sports Betting & Casino Platform
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February 26, 2021, 11:48:21 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
It sounds perfect and it should be implemented in our trade, however, for some reason as we have been in this kind of situation I doubt you can follow your ideal method as our emotions will still a hindrance unless you will be able to manage it. Thus, you must be working on managing emotion first then it will all follow through. As a matter of fact, we don't know when or how the market will move but as long as we are getting profit that is all matters. I mean we could wait or sell in a hurry but make sure it will be profitable. But I like your idea of using a small amount of money to monitor the market, that would be a good strategy. This method is very good, because when you are going to close a position and you have the feeling that it will continue to rise, you can close 40% or 60% and thus you extend the profits, that method was done by Jesse Livermore. Of course when losses are generated I recommend closing the position at once and not prolonging the loss or living with hope, since it is better to leave with a not so great loss because the market gives new entries.
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lixer
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February 27, 2021, 05:39:39 AM |
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Too much of anything is bad whether its sweet or sour, applying the same logic we can say having too much patience and being a saint while your portfolio is suffering is not wise. Similarly, just losing $1 value on Bitcoin should not make you sweat your pants and sell your bitcoins developing fear of the market collapsing.
I don't know why the same guys who were so positive about bitcoins and the future are suddenly so worried that they are asking others if they should hold their coins. A few weeks back guys were suggesting others to buy bitcoins and those same guys are now asking in telegram groups, I follow a few, about whether they should sell their coins as the market is collapsing.
Just cool down and don't follow the price too many times a day because checking it again and again is only going to break your confidence and ultimate you will end up dumping your coins, once again for a cheaper value.
I guess people who like to overreact to going up will of course overreact to bitcoin going down, we all knew that bitcoin would eventually go up so we weren't surprised when it went up, and we know that corrections happen as well so we weren't surprised about this neither. I remember clearly just a few months ago price moved from 24k to 18k and everyone was scared, what happened? We reached to 40k price after that, I also remember price was 41k dropped to 29k and everyone was scared, what happened? We reached nearly 60k levels, and now we moved from 60k to 45k, and people got scared again, I am not, Because I believe there is a chance we can reach 80-90k in the next 1 month, and that is not even unlikely, that is probably the most possible result. So do not care about those people who overreact, just look at what it does and you will see the situation easily.
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sana54210
Legendary
Offline
Activity: 3192
Merit: 1128
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February 27, 2021, 06:24:39 PM |
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Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making. It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.
There was a great saying like that, "be greedy when others are fearful, be fearful when others are greedy" or something like that, when people make rushed decisions and make it is super volatile, any direction that price goes 10% or more I just stop doing anything. If it goes down 10%+ , I still stop and not do anything at all and wait for it to stabilize a bit, if it goes up 10% I still stop and wait for it to stabilize. After all, it can't do that for over 10 days in a row, eventually it will have to stop and that is why I do not have any problems at all. You should be worried if it makes bigger moves, I remember the times when bitcoin moved from 20k to 3k so I can't say that I would be really excited about more than 50%+ drop, it would be basically scary for everyone, thankfully we are not anywhere near those levels just yet.
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Noctis Connor
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February 27, 2021, 07:51:01 PM |
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It's best to have such targets both for buy and sell position, there are many cases that traders missed up chances. If you are good in analysing the situation you can take the advantage both from bull and bear run.
Deciding should relied with how you really deal with your research, your chance is much better than rushing everything without thinking ahead.
Having a target for buy and sell position is the best thing that we must have, so we do not be late to buy or sell and we can hold our emotion from becoming greedy. If we can hold the emotion, I think we can also prevent from rushing everything without thinking ahead, and that will help us determine what we should do relate to the market movements. Analyzing the market is one thing that every trader must do before entering the market, so they do not get a trap by the price. Well sometimes it's better to hurry on selling done to be late as what bitcoin happened if i ever sold those bitcoin i had maybe i have money to buy more coins than seeing the price gong down, yes your enemy there is your emotion the eagerness of holding coins somehow thinking that bitcoin will be on the same price but it isn't you're having doubt when your analyzing those graph in the market even those professional thought that bull run of bitcoin will never ends, but mostly there are other option that you need to focus on.
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Bustart
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February 27, 2021, 10:40:21 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Indeed, trading only on one asset isn't a wise idea since you only earn less compared with several choices. Just like on physical business, if you don't choose different options you can go with the competition and grow your business abundantly. Here in cryptocurrency, holding different types of coins got the highest potential to gain much profitable returns instead of focusing on single crypto. Your experiences made me realize and also seen myself on you due to bad experiences I had.
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Ziskinberg
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February 27, 2021, 11:55:32 PM |
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~snip~
Indeed, trading only on one asset isn't a wise idea since you only earn less compared with several choices. Just like on physical business, if you don't choose different options you can go with the competition and grow your business abundantly. Here in cryptocurrency, holding different types of coins got the highest potential to gain much profitable returns instead of focusing on single crypto. Your experiences made me realize and also seen myself on you due to bad experiences I had. Maybe it was not a good idea but as a start-up, this is suitable. But if you just have limited capital and time, much better to focus on a single coin so you have the fullest attention to just a single investment and you probably don't miss something. Well, it has the advantage of holding a lot as you have mentioned but you should have to choose the most potential coins so were not just waste your time holding them. I hold some (shit) altcoins for many years but they all just dead and stuck which is very disappointing. And I do urge people doing this, they have to choose coins that could give ROI, not losses.
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SirLancelot
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February 28, 2021, 05:10:20 AM |
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Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making. It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.
It is good to carefully analyze the market before selling your coins but the same applies to buying as well. A lot of people fall victim to FOMO created by some fake projects and invest just because they don't want to miss out on the opportunity but they should always remember that even if they miss out right now, there will be more chances like when the token gets listed on the exchange and should always do their research and then invest instead of just investing under the pressure and FOMO. It is better to wait and buy a token at higher price as opposed to buying it when the hype is being created. I was skeptical about investing in polkadot and I bought it at a higher price than what I could have and DOT is an excellent project but I am satisfied because there is still lots of room for profit and I have been fooled many times in past by fake ICOs which made me buy the tokens hurriedly.
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carelessboy
Member
Offline
Activity: 336
Merit: 10
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February 28, 2021, 10:24:17 AM |
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some month ago i was buy 60k matic .i was buy at 0.019 usd and i sell at 0.021 usd.i sell this very harry and my friend said me if matic dump.now matic up 0,20 usd .so please don't harry up. first you think frees mind and then buy or sell .thank you.
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jostorres
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February 28, 2021, 10:45:12 AM |
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What you state is about the target, right? If the price meets the target, then it is no problem to sell the coin soon. Of course, the pump sometimes hard to predict, it can end in a short time and back again to drop. If we miss the chance to sell in the current pump, then we will wait for a long time to sell at the next pump. However, it depends on the holder, if he is satisfied with their target, then he should sell it soon without thinking much about the bigger rate to sell. Or at least, sell half from the total number of the coins.
I don't know for others but this is how I set my target and sell my coins. So, basically when the bull run is going on, I will wait and just observe how high the price goes and once I feel the peak is reached and the coin has started to drop, that is the right time for me to sell the coin. I share an example, recently when the doge coin was pumped by Musk I was holding some doge coins and I wasn't sure how long the bull run will continue so I waited and price reached as high as $0.08 but I didn't sell because I thought maybe more is yet to come. Later the price stopped and starting dropping, realizing which I was able to sell at around $0.07. This way I ensure that I might not get the best value and miss the peak but it also means I didn't end up selling for $0.05 and hence this works for me mostly.
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michellee
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February 28, 2021, 12:23:36 PM |
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some month ago i was buy 60k matic .i was buy at 0.019 usd and i sell at 0.021 usd.i sell this very harry and my friend said me if matic dump.now matic up 0,20 usd .so please don't harry up. first you think frees mind and then buy or sell .thank you.
That is a lesson for you and us not to be hurry to make a plan in trading. It is better to analyze and research more to find if that coin is worth holding or selling when the price increases. We can sell the coin when it increases, but if we sure the coin can grow more than that, we should hold some big amount and if necessary, we can buy more when the price is down. That will give us more chances to make a bigger profit in the future. If we can not think clearly and can not find more information, it is better to hold ourselves and calm down for a while until we can see a clear sign to buy or sell.
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AicecreaME
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February 28, 2021, 01:27:14 PM |
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Honestly, if you know how to do technical analysis, you'll never rush yourself on buying and selling coins, because the result when you're doing panic buying and selling because of FOMO is really devastating. I've also experienced the same way back in 2017, after I received the bounty, I always sell it instantly, and then later on regret doing so because the price got doubled or even tripled.
That's why I decided to study a little bit about trading, and I can proudly say that I improved and never do panic trading and buying anymore.
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sniveel
Member
Offline
Activity: 431
Merit: 11
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February 28, 2021, 03:45:56 PM |
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Based in my experience, being in a hurry usually do good outcomes. For example, I am a bounty hunter and sometimes I sell immediately the rewards I got from bounties cause I know that the price will drop rapidly once other participants start selling theirs. Being in a hurry is not bad as what others are thinking but always be careful.
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akar87
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March 02, 2021, 05:10:00 PM |
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Why many people loss when trading in bitcoin or altcoin? I think they look hurry when buy or sell coins without any check moment with coin have raise higher price but why wanna buy, some time when coin have higher price keep holding and not any chance to sell, exactly whenget profit they have sell coin and waiting for when price back to lower again.
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matchi2011
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March 02, 2021, 05:27:33 PM |
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Based in my experience, being in a hurry usually do good outcomes. For example, I am a bounty hunter and sometimes I sell immediately the rewards I got from bounties cause I know that the price will drop rapidly once other participants start selling theirs. Being in a hurry is not bad as what others are thinking but always be careful.
It's a case to case scenario, what if things turned to the other side, after you sell your reward tokens and sell it out then the value pumped? In your case, you are right there's nothing wrong if you rushed things out, especially if you are supporting scammed project that only exist to runaway investors money.
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LUCKMCFLY
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March 02, 2021, 05:50:16 PM |
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Based in my experience, being in a hurry usually do good outcomes. For example, I am a bounty hunter and sometimes I sell immediately the rewards I got from bounties cause I know that the price will drop rapidly once other participants start selling theirs. Being in a hurry is not bad as what others are thinking but always be careful.
It's a case to case scenario, what if things turned to the other side, after you sell your reward tokens and sell it out then the value pumped? In your case, you are right there's nothing wrong if you rushed things out, especially if you are supporting scammed project that only exist to runaway investors money. Well it is a technique, it is not bad, in general it is sometimes good to put a sell order above 30% until it is sold, there you can collect profits, of course, it has a risk, if it goes up more than 30% the raise is lost but there is a sure gain. In these cases it is best to follow up, if it reaches the target the ideal is to withdraw 60% and 40% let it run in profit, for this only the stop should be moved, of course if the profits are lengthened is the ideal.
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tygeade
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March 04, 2021, 05:09:04 AM |
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I understand that some people got in at the peak and they want to get out right now and they want to go back to profit I understand that, I have some money I have invested as well so I know the feeling as well, there is really nothing to worry about what is going on because I believe that bitcoin could be going down even more and it would definitely be something that would be risky for many people who need the money as well but if you are that much in need of money then you should not be going into bitcoin neither, you should only spend money you could end up spending or could afford to lose money otherwise there is really nothing else we could do about it.
That is why I think it is obvious that people should end up spending money we can afford and wait as much as we can until this situation is passed, if you can wait you could definitely make a profit but you should end up being patient about it.
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MUHAMMAD NUR AMANAH
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March 04, 2021, 05:34:27 AM |
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It is true that in allocating our funds to the crypto market, it will take patience, in the haste of failure, which we will have, but if waiting too long is not good enough... All it takes is a process and research experience of a high flying clock in the crypto market which is clear. we should understand and know when to sell and when to purchase
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Swopon
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March 04, 2021, 09:47:22 AM |
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This is right except for some situations. Trading in hurry can make your investment riskier, in the crypto-world, there are risk spreads everywhere so before taking any decision you have to be more aware and practical about the market. But sometimes when you confirm about market conditions very well then you can buy or sell in hurry to get a big opportunity.
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Ziskinberg
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March 04, 2021, 12:14:48 PM |
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This is right except for some situations. Trading in hurry can make your investment riskier, in the crypto-world, there are risk spreads everywhere so before taking any decision you have to be more aware and practical about the market. But sometimes when you confirm about market conditions very well then you can buy or sell in hurry to get a big opportunity.
When you are trading and if you want to be successful, you need to ensure you are calm and make the best decision all the time. I would not say you'll make the right decision since we don't know the future, sometimes our decision is wrong but at least that is the best decision we thought during that time. Trading according to your mind not on your emotion, that's all you need to do and learn it if you haven't yet.
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imstillthebest
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March 04, 2021, 12:32:43 PM |
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that is if the coin is scam you cant loose big but if the first try the coin pump 20 times . wont that make you cry? but the real scenario that will make you cry is when you invest big for the second time thinking that it will pump again double than the last time but you are going to loose because there are no pumps that happened . you are baited in short and this is one of the tactics used by scammers .
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Maslate
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March 04, 2021, 01:16:50 PM |
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It is true that in allocating our funds to the crypto market, it will take patience, in the haste of failure, which we will have, but if waiting too long is not good enough... All it takes is a process and research experience of a high flying clock in the crypto market which is clear. we should understand and know when to sell and when to purchase
I'd realize already that we need sometimes to be patient. I don't say I was preferred for a long-term holding as this will also depend on the situation. From $100 and sold it at $500, and in the next day, it becomes $1,000. You will surely be regretting but because we don't know that it will happen, I don't think it is a need to feel like that. Because the day we decided to sell it, we definitely think that we are right and yes, we even get more profit. t It was not regretting unless if you sell at losing because you were not able to wait longer for the price to recover (in many cases it happens).
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shushu9977
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March 04, 2021, 03:38:31 PM |
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When you buy or sell your coins in hurry which bears very harmful to you. So, it is very important to you that you should think and research when you buy or sell your coins. So, never be a hurry to buy or sell your coin.
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geegaw
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March 04, 2021, 04:26:13 PM |
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When you buy or sell your coins in hurry which bears very harmful to you. So, it is very important to you that you should think and research when you buy or sell your coins. So, never be a hurry to buy or sell your coin.
But you know what is most important in the world of crypto and investing, the answer is timing, timing is so important, sometimes it's just seconds and minutes, miss a beat, we're going to be late on the train, this is what I realized when I got involved crypto market. We may not be in a hurry but the market is still moving, we need to make money based on that, which means we have very little time to make decisions, we need to learn to get used to such problems, this market doesn't wait and gives us space to breathe, it often speeds up and we need to be ready.
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Swopon
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March 04, 2021, 07:23:21 PM |
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This is right except for some situations. Trading in hurry can make your investment riskier, in the crypto-world, there are risk spreads everywhere so before taking any decision you have to be more aware and practical about the market. But sometimes when you confirm about market conditions very well then you can buy or sell in hurry to get a big opportunity.
When you are trading and if you want to be successful, you need to ensure you are calm and make the best decision all the time. I would not say you'll make the right decision since we don't know the future, sometimes our decision is wrong but at least that is the best decision we thought during that time. Trading according to your mind not on your emotion, that's all you need to do and learn it if you haven't yet. Right you are. We all have 24 hours everyday. So if others people can make profit then we can also do. There need some knowledge and patience which may lead us for making successful trade even if you are a beginner too.
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Hamphser
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March 04, 2021, 07:55:41 PM |
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This is right except for some situations. Trading in hurry can make your investment riskier, in the crypto-world, there are risk spreads everywhere so before taking any decision you have to be more aware and practical about the market. But sometimes when you confirm about market conditions very well then you can buy or sell in hurry to get a big opportunity.
When you are trading and if you want to be successful, you need to ensure you are calm and make the best decision all the time. I would not say you'll make the right decision since we don't know the future, sometimes our decision is wrong but at least that is the best decision we thought during that time. Trading according to your mind not on your emotion, that's all you need to do and learn it if you haven't yet. Right you are. We all have 24 hours everyday. So if others people can make profit then we can also do. There need some knowledge and patience which may lead us for making successful trade even if you are a beginner too. Unlike forex, this crypto market is open 24/7 which means anytime we can really make out trade than to those traditional markets that do closes off in weekends and thats the advantage on dealing into this place. In talks of rush up trades then its never been ideal to make lots of trades but those are made of not really that much of a precise one compared if you do make out single or few trades but analysis is great on that one since you arent on a hurry. Dont built up that emotion or feeling that you do need to some quota on a single day.Always find the best spot and time to make out trades.
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adzino
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March 04, 2021, 09:02:55 PM |
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All you are trying to say is avoid FUDs and FOMOs. People have been warning each other about this from the very beginning, but sadly, people still fall for those fear based factors and take bad decisions that they later regret. Some stops investing once they fall for those steps, few people starts to spread negative and hate while the rest learns from their mistakes. The kind of people who learns from their mistakes are the once who actually ends up being successful, while the rest aren't able to move on and regrets their whole life.
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gatti
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March 05, 2021, 01:50:35 PM |
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All you are trying to say is avoid FUDs and FOMOs. People have been warning each other about this from the very beginning, but sadly, people still fall for those fear based factors and take bad decisions that they later regret. Some stops investing once they fall for those steps, few people starts to spread negative and hate while the rest learns from their mistakes. The kind of people who learns from their mistakes are the once who actually ends up being successful, while the rest aren't able to move on and regrets their whole life.
The drop has continued even as important financial players warm up to cryptocurrencies. BlackRock (ticker: BLK), the world’s largest asset manager, for instance, is allowing two of its funds to invest in Bitcoin futures, according to prospectuses filed on Wednesday with the Securities and Exchange Commission.In recent weeks, Bitcoin has generally been weaker when it’s daytime in Asia, and stronger when it’s daytime in the United States. That reflects a divide in enthusiasm in those two parts of the world—both critical to Bitcoin prices.
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darewaller
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March 05, 2021, 02:47:21 PM |
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I'd realize already that we need sometimes to be patient. I don't say I was preferred for a long-term holding as this will also depend on the situation.
From $100 and sold it at $500, and in the next day, it becomes $1,000. You will surely be regretting but because we don't know that it will happen, I don't think it is a need to feel like that. Because the day we decided to sell it, we definitely think that we are right and yes, we even get more profit. t It was not regretting unless if you sell at losing because you were not able to wait longer for the price to recover (in many cases it happens).
It is not easy, I get it, that patience is not really that easy and that is why I believe many people sell early or buy right away whenever they end up finding something. This is not that difficult to decide, it is really something that is basically just "wait until you are sure" thing and that is why it is not really acceptable for failing because you are required to need just one thing and one thing only and many people fail that simple thing, I agree that it is simple. So, why am I understanding of those people? Because even though it is simple, it is something that is not really built into people's brain, it is not easy, human nature is against accepting slowness when it comes to richness, when you tell someone "get this and you will be rich in 50 years" they will not really see that as acceptable, they want to get rich right now, but people who can wait will be the real rich people.
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Kasabus
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March 05, 2021, 03:00:40 PM |
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All you are trying to say is avoid FUDs and FOMOs. People have been warning each other about this from the very beginning, but sadly, people still fall for those fear based factors and take bad decisions that they later regret. Some stops investing once they fall for those steps, few people starts to spread negative and hate while the rest learns from their mistakes. The kind of people who learns from their mistakes are the once who actually ends up being successful, while the rest aren't able to move on and regrets their whole life.
It is common to find in those people who never know what is Bitcoin. They usually spreading negative about their bad experience but never know that it was their fault. I don't want to listen to them and neither to listen to their regrets as well. We actually had sometimes to commit mistakes, making bad decisions but it was not the reason also why we should blame crypto for our losses, Instead, we have to correct such mistakes and make it beneficial to ourselves as it gives us hints what went wrong and to take actions to solve it. They come in a hurry, they also leave in a hurry because they are so much worried that they will lose everything they've started.
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jaberwock
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March 07, 2021, 05:30:40 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
Isn’t investing that little $5 to $10 dollars small? How about you just invest at once and start holding, instead of buying with that small about and then checking the market to know whether the market is going up or not, that’s because I don’t fancy that, you can be doing that and a huge opportunity will pass you by. So, it is best to invest the money straight, but do your research before you start investing so that you don’t make a mistake that you’re going to be regretting later. Just like someone said before, it’s best to have that knowledge, than having to rely on people to do everything for you, that’s wouldn’t be nice.
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Kittygalore
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March 07, 2021, 05:42:38 AM |
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Not being too fast though will also have you get left behind. Imagine this, what if the prices were around 100 USD and you said to yourself that there is no need to hurry, the price might drop a little but suddenly the price skyrocketed and then it didn't go back to 100 USD, wouldn't that still be a good idea to not hurry. What is better is if you have faith in something and it shows an opportunity, try to grab it because that opportunity might only happen once.
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repear7
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March 10, 2021, 10:18:55 AM |
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My experience tells to me that everything should be done on time or you'll lose your money. You don't need to be in a hurry, you just need to pay attention to the market all the time and not to miss the right moment to sell/buy.
Correct. Hurry in trading is totally mistake i think. I lose in trading almost everytime when I buy/sell with hurry. If i trade by taking time for research about market & project before buy. Hurry is bad habit from my opinion. But, I still can't leave this habit.
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btc_angela
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March 10, 2021, 11:13:17 AM |
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All you are trying to say is avoid FUDs and FOMOs. People have been warning each other about this from the very beginning, but sadly, people still fall for those fear based factors and take bad decisions that they later regret.
Yeah, it seems that people never learn from their bad decision. And even if they have experience it, they still go to that route and then regret it later. Some stops investing once they fall for those steps, few people starts to spread negative and hate while the rest learns from their mistakes. The kind of people who learns from their mistakes are the once who actually ends up being successful, while the rest aren't able to move on and regrets their whole life.
Because it's not a good experience to begin with. And when people thought that crypto investment is easy, then again. It will involved a lot of mental toughness and cycles of boom and bust. So if you are a person who doesn't have the patience, then crypto trading or investing might not suit you.
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ven7net
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March 10, 2021, 12:36:50 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
You are really right, there is no rush in matters such as cryptocurrency trading. I remember how I started trading cryptocurrency and was in a hurry to sell or buy, but very often later, let's say, I regretted a little that I was in a hurry. There were cases when you sell, and the price goes even higher, or you buy, and after a while you could buy cheaper. When there is little experience, then traders often take hasty and not fully thought out actions. To bypass such obstacles, you need to study the market situation more and know more about a particular crypto asset. Sometimes it is enough to study the news about the asset and then make the right decision. It's really bad to rush, but sometimes it certainly works for the good, but very very rarely.
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stomachgrowls
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March 10, 2021, 07:44:14 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
You are really right, there is no rush in matters such as cryptocurrency trading. I remember how I started trading cryptocurrency and was in a hurry to sell or buy, but very often later, let's say, I regretted a little that I was in a hurry. There were cases when you sell, and the price goes even higher, or you buy, and after a while you could buy cheaper. When there is little experience, then traders often take hasty and not fully thought out actions. To bypass such obstacles, you need to study the market situation more and know more about a particular crypto asset. Sometimes it is enough to study the news about the asset and then make the right decision. It's really bad to rush, but sometimes it certainly works for the good, but very very rarely. The situation you had been mentioning on here is just a common situation even professional traders do experience on since we cant really determine the right or exact time for us to enter because price is always unpredictable.It can go neither deeper when the time we bought or would go even higher on the time we do sell. Basing up on my experience throughout the market then i do always commit this kind of thing even no matter how hard i do try to suppress those errors but still ending up on the same calls. I do just accept it that this is been part of a trading journey where your selling and buying decisions wouldnt be always accurate or on point on the way you wanted.Due to unpredictability of the market then these are just common scenarios.
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sayaya17
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March 10, 2021, 09:28:31 PM |
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Your advice is friendly to minimize losses and maximize profits. Buying at a cheap price is indeed what traders expect, as this will maximize profits. But sometimes the market can not be guessed when the price of the coin is at the lowest point. With the method you suggest this may be a suitable solution for selling coins and closing trades in batch methods. But sometimes we also need to hurry to sell if the price has been peaked, especially if the profit is maximized.
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Rexler
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March 10, 2021, 09:59:29 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
To be profitable in trading one needs to be experienced and I get your point mate although at times it's not that bad selling too quick, cuz you can't really tell what might happen the next moment, a huge dump might just occur after the pump as usual, as long as you are in profit you can sell off your holding and walk away, then for the panic buying (FOMO) its never advisable cuz it can only lead to one thing which is losses nothing else.
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Ryker1
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March 10, 2021, 10:32:28 PM |
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To be profitable in trading one needs to be experienced and I get your point mate although at times it's not that bad selling too quick, cuz you can't really tell what might happen the next moment, a huge dump might just occur after the pump as usual, as long as you are in profit you can sell off your holding and walk away, then for the panic buying (FOMO) its never advisable cuz it can only lead to one thing which is losses nothing else.
Well, I totally agree, experienced is the best teacher in trading overall. Every single mistake that you may experience is good if you will take down note of what is the possible cause of it. Just for you to avoid in the future not to happen again. In trading, sometimes trial and error are quite similar but every error you have will put a lesson that you will never experience again. However, if you don't have enough knowledge on trading, is far better if you are knowledgeable enough, you can minimize your loss because you are already aware of those possibilities that made you lose.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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djmixen
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March 11, 2021, 12:51:21 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
This is just your opinion based on your experienced I think. Do you know why I said this? Because there are some traders here they know if the coins are going to dump the price or pump, where they need to be in a hurry to sell before it's too late. Therefore, implementing in a hurry sometimes is good but not all the time.
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el kaka22
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March 11, 2021, 02:06:49 PM |
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when people thought that crypto investment is easy, then again. It will involved a lot of mental toughness and cycles of boom and bust. So if you are a person who doesn't have the patience, then crypto trading or investing might not suit you.
That's the point, if you really get emotional when trading, you are going to make mistakes, and if you are in a hurry, you are losing money and that's why I think it is quite obvious that hurrying and emotional trading are the same things and we should not be doing any of that. We could try to make one of the work better than the other, but that doesn't change the fact that just because you are not hurrying doesn't mean you are not emotional or just because you are not emotional will not mean you are hurrying, hence most of the time they are the same thing, but rarely they are different and you should still be careful about both of them. If people get into crypto thinking they can make easy money here, and end up losing money, that is sort of deserved, who gives anyone free money? We were here for years dealing with these prices before we made any profit, sure we made a lot of profit but nobody can say that we did that easily, we had to deal with so many ups and downs for that.
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matchi2011
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March 11, 2021, 02:38:46 PM |
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Your advice is friendly to minimize losses and maximize profits.
It helps to balance everything inside this venue of business, if being executed correctly. Buying at a cheap price is indeed what traders expect, as this will maximize profits.
Buying when there's opportunities especially when coin is falling, dumped gives you chance to make you decent money. But sometimes the market can not be guessed when the price of the coin is at the lowest point.
Tough to buy when the value is really dipping, you need to assess if the value will bounce again. With the method you suggest this may be a suitable solution for selling coins and closing trades in batch methods.
If you understand how the market works, then it will be a good strategy to use,. But sometimes we also need to hurry to sell if the price has been peaked, especially if the profit is maximized.
In taking your profits, as long as you work it out doing your research, selling when it's peaking is really good even you do it in rush.
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gaston castano
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March 11, 2021, 08:09:18 PM |
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because the market is unpredictable then you cannot do it that way continuously, for example you buy low in the first month and are sure to get a profit in the second month by adding your money to it, but what happens sometimes does not match expectations so you will lose and lose more money because in trading there is nothing consistent and my advice is that you can maximize your profit at one time.
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Oilacris
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March 11, 2021, 09:47:12 PM |
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because the market is unpredictable then you cannot do it that way continuously, for example you buy low in the first month and are sure to get a profit in the second month by adding your money to it, but what happens sometimes does not match expectations so you will lose and lose more money because in trading there is nothing consistent and my advice is that you can maximize your profit at one time.
You wouldnt learn up those things if you dont able to experience that one because there are really times that people anticipate or expect that much which would result into those actions which could really be missing out those right time sell out opportunities. One reason on why we do deal up with this market is the sole purpose of making profits.Letting your impatient kind of behavior or being too much confidence would really be putting you in nowhere. Never be on a hurry because you would really be making out mistakes if you dont really think up and analyze things well.
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chikading2016
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March 12, 2021, 03:59:11 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
This is just your opinion based on your experienced I think. Do you know why I said this? Because there are some traders here they know if the coins are going to dump the price or pump, where they need to be in a hurry to sell before it's too late. Therefore, implementing in a hurry sometimes is good but not all the time. I agree there are some moments that we nees to sell the token or coin, but sometimes we also need to wait and have patience to earn big profit, it you sell in hurry there are great posibility that you can only earn small profit beause you are hurry, but if you hold it you can really earn big specially when you buy bitcoin or ethereum, just look at the price from year 2009 until 2021 and you will see how important to hold with patience.
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gaston castano
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March 12, 2021, 12:20:13 PM |
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because the market is unpredictable then you cannot do it that way continuously, for example you buy low in the first month and are sure to get a profit in the second month by adding your money to it, but what happens sometimes does not match expectations so you will lose and lose more money because in trading there is nothing consistent and my advice is that you can maximize your profit at one time.
You wouldnt learn up those things if you dont able to experience that one because there are really times that people anticipate or expect that much which would result into those actions which could really be missing out those right time sell out opportunities. One reason on why we do deal up with this market is the sole purpose of making profits.Letting your impatient kind of behavior or being too much confidence would really be putting you in nowhere. Never be on a hurry because you would really be making out mistakes if you dont really think up and analyze things well. it's not like that I mean but the market conditions will not be exactly the same every day I mean when you get a profit now and you try the same method the next time it could be different results so when you get profit make it as much as possible because the same opportunity may not come anytime soon.
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tygeade
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March 12, 2021, 01:06:24 PM |
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Not being too fast though will also have you get left behind. Imagine this, what if the prices were around 100 USD and you said to yourself that there is no need to hurry, the price might drop a little but suddenly the price skyrocketed and then it didn't go back to 100 USD, wouldn't that still be a good idea to not hurry. What is better is if you have faith in something and it shows an opportunity, try to grab it because that opportunity might only happen once.
Many people think the same way you think and they make mistakes, sure there are some good traders who could act very quickly and make a profit but there are very rare of them, not many of them are like that, which is why I think it is quite obvious that we should not really focus on those rare instances but look at what generally newbies do. Those newbies who try to act quickly to "not be left behind" end up making stupid trades and lose a lot of money, if you are good you could be doing it properly but there are very bad ones who are not like that and end up losing all their money in trading. This is why there is really nothing that could be rushed in crypto trading, that is why I believe everyone should be taking good long care about what they are doing, otherwise there is really only an option of losing money if they rush, only do that if you are veteran in trading.
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MiningBattalion
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March 12, 2021, 01:54:50 PM |
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Not being too fast though will also have you get left behind. Imagine this, what if the prices were around 100 USD and you said to yourself that there is no need to hurry, the price might drop a little but suddenly the price skyrocketed and then it didn't go back to 100 USD, wouldn't that still be a good idea to not hurry. What is better is if you have faith in something and it shows an opportunity, try to grab it because that opportunity might only happen once.
Many people think the same way you think and they make mistakes, sure there are some good traders who could act very quickly and make a profit but there are very rare of them, not many of them are like that, which is why I think it is quite obvious that we should not really focus on those rare instances but look at what generally newbies do. Those newbies who try to act quickly to "not be left behind" end up making stupid trades and lose a lot of money, if you are good you could be doing it properly but there are very bad ones who are not like that and end up losing all their money in trading. This is why there is really nothing that could be rushed in crypto trading, that is why I believe everyone should be taking good long care about what they are doing, otherwise there is really only an option of losing money if they rush, only do that if you are veteran in trading. I’ve been watching this bitcoin situation for a few years, assuming it would just blow over.The reason why is that it’s not an investment; just as gold, tulip bulbs, Beanie Babies, and rare baseball cards are also not investments.These are all things that people have bought in the past, driving them to absurd prices, not because they did anything useful or produced money or had social value, but solely because people thought they could sell them on to someone else for more money in the future.
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hahay
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March 12, 2021, 02:03:07 PM |
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That means you make several buy and sell orders which of course requires patience, but for me buying or selling at the same time is not a problem as long as you can accept the risk. Prices will not always continue to rise and fall and therefore, buying and selling at the same time can be the right way too because this has always different moments and we have to be able to adjust it. Because we don't always do it in stages, because at least there will be times that will make your trading more varied.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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TheGreatPython
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March 12, 2021, 05:06:48 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
That is a lesson I learnt from the past and I have followed it since then, never to be in a hurry when doing anything in this market. And I think there are some rules that will help you to be able to calm down no matter the market situation, and it’s not really a matter of buying $5 to $20 like you have said, because you buy with a small amount to monitor the market and it will start increasing at that moment, and if you’re the type that follows that method you will invest and the market might start going down and you will regret and might still be forced to sell your assets, and at loss. So, it’s important that you make sure that you’re going by the first rule which is investing that amount that you can only afford, it is very important, and you will be calm in any situation as it wouldn’t bother you.
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cyriljundos
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March 13, 2021, 11:36:12 AM |
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Ive experienced that also, buying all out in a hurry on a specific coin causes losses. Some traders buy a trend coin in a hurry,they dont even think about it first or research that specific coin before they buy,they think about profit and it all went up with losses in the end.
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Ausgewielt
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March 13, 2021, 01:23:24 PM |
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For me its just works for buying bitcoin. Because when we buy actually we are choosing our position in trading so in my point of view we should not be in a hurry at that time. But when there is bull market and we already can get enough profit then I think it is okay to sell in hurry when the price starting to fall, this is what I call avoiding the greed. Of course analyzing the chart also important in decision making. But when the time is close to bitcoin halving then we should be in a hurry to buy bitcoin because the price definitely will rise, so don't miss the chance.
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Zanab247
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★Bitvest.io★ Play Plinko or Invest!
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March 13, 2021, 06:56:58 PM |
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Hurry has led many traders to wrong choice during the pandemic when the price of bitcoin hit $30k to $40k, that make so many traders to release their coins for sale, hoping that the price of bitcoin will not get to $60k before 13 of March 2021. As a trader who want to go far in the areas of profit making, should try to avoid hurry in the areas of trading not to make a bad decision. When the price of bitcoin or cryptocurrencies is not too stable in the market don't be in hurry with that coins you are holding because you are very close to success if you can exercises patient.
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Hamphser
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March 13, 2021, 06:59:24 PM |
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Hurry has led many traders to wrong choice during the pandemic when the price of bitcoin hit $30k to $40k, that make so many traders to release their coins for sale, hoping that the price of bitcoin will not get to $60k before 13 of March 2021. As a trader who want to go far in the areas of profit making, should try to avoid hurry in the areas of trading not to make a bad decision. When the price of bitcoin or cryptocurrencies is not too stable in the market don't be in hurry with that coins you are holding because you are very close to success if you can exercises patient.
Bad decision would always be there since we arent perfect plus this market is way too unpredictable.There's no way that you can know up things on what would happen ahead. This is why immediate action or short term ones is considerable as long you do make out profits.Patience is one key for your success but you should really know on when to secure out those profits that you had made. Bad decisions are common but doesnt mean that we shouldnt really make to compensate of the lost that we had experienced.Lots of trials and errors would really be done on this one.
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| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
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fortune1002
Member
Offline
Activity: 238
Merit: 10
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March 14, 2021, 12:19:00 PM |
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Yes you are right I also learned not to hurry in Buying or selling any coin. Selling in batches is good idea. I have got big loss because of hurry. So I suggest you not to hurry. Sometimes hurry in selling is good but this is other situation. When price suddenly increase high then you can do hurry in selling.
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Viscore
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March 14, 2021, 01:24:33 PM |
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Yes you are right I also learned not to hurry in Buying or selling any coin. Selling in batches is good idea. I have got big loss because of hurry. So I suggest you not to hurry. Sometimes hurry in selling is good but this is other situation. When price suddenly increase high then you can do hurry in selling.
You're right, not all the time that we are in the hurry will have a negative effect, it sometimes also beneficial to ours. Emotions make people deciding to be like this and this kind of feeling is hard to control and this brought losses to most traders/investors.
Just like to share my experience, I have a coin (likely a dead coin) stuck in my wallet for almost a year. The last time I check it valued only at $60, but I was surprised when I check it again last week, it is already at $600. Maybe, if I'm in a hurry and sell after receiving the token, I badly regret seeing it now.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Cling18
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March 14, 2021, 04:52:24 PM |
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That's actually one of the lessons that I have learned in crypto trading especially when I have sold my holdings at a lower price due to panicking. Sometimes, we really have to trust the potential and capability of our coins and we should also learn how to handle our emotions. There are actually instances where unexpected coin could boom in time so patience is really important.
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gaston castano
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March 17, 2021, 10:23:48 AM |
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That's actually one of the lessons that I have learned in crypto trading especially when I have sold my holdings at a lower price due to panicking. Sometimes, we really have to trust the potential and capability of our coins and we should also learn how to handle our emotions. There are actually instances where unexpected coin could boom in time so patience is really important.
that is why you have to make a target when to sell your coins, believe that no matter how strong you will hold it, it might be a little tempting to always look at market conditions, especially when the market goes up / down quickly the target that you had to hold back could be sold because you were tempted / panicked.
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Traderbtcc
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Merit: 123
★Bitvest.io★ Play Plinko or Invest!
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March 17, 2021, 06:06:28 PM |
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It's not that bad to sell in a hurry, after all the pump won't last forever and you know there will always be some weak hands that let their emotions or fud make them sell off in a hurry, they still don't don't know that the financial market is all about transferring money from the impatient to the patient ones who are willing to hold for a long term, I agree with the part you talked about selling in batches, I normally use that method too and it helps me not to miss out of the pumps.
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Oilacris
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March 17, 2021, 08:08:59 PM |
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because the market is unpredictable then you cannot do it that way continuously, for example you buy low in the first month and are sure to get a profit in the second month by adding your money to it, but what happens sometimes does not match expectations so you will lose and lose more money because in trading there is nothing consistent and my advice is that you can maximize your profit at one time.
You wouldnt learn up those things if you dont able to experience that one because there are really times that people anticipate or expect that much which would result into those actions which could really be missing out those right time sell out opportunities. One reason on why we do deal up with this market is the sole purpose of making profits.Letting your impatient kind of behavior or being too much confidence would really be putting you in nowhere. Never be on a hurry because you would really be making out mistakes if you dont really think up and analyze things well. it's not like that I mean but the market conditions will not be exactly the same every day I mean when you get a profit now and you try the same method the next time it could be different results so when you get profit make it as much as possible because the same opportunity may not come anytime soon. Would really be an endless one when it comes to possible methods that should really be used which is the hardest thing where lots of trial and error will really be done.It is just depending on how you do deal with it. Dont make yourself in a hurry on all angles neither on hurrying up on taking or making profits or hurrying up yourself on taking a shortcut on learning everything. Take it slowly but surely.Mistakes cant really be avoided but it can really be minimized.
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Yamifoud
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March 17, 2021, 10:25:44 PM |
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It's not that bad to sell in a hurry, after all the pump won't last forever and you know there will always be some weak hands that let their emotions or fud make them sell off in a hurry, they still don't don't know that the financial market is all about transferring money from the impatient to the patient ones who are willing to hold for a long term, I agree with the part you talked about selling in batches, I normally use that method too and it helps me not to miss out of the pumps.
I'm done experiencing selling in batches and it finds good but we also have to consider the situation especially when the trend is going to dump, and that won't be necessary instead of selling them all in 1 batch. People think about selling in a hurry have in their mind to catch the best price and yes, it sometimes results in bad or good. But since we really don't know what will happen next, it is not a wrong call at all. We decide to do it because that is what comes out of our mind unless if we are too dumb not to feel the surge to come because we are controlled by our emotions.
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Wawa2013
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March 17, 2021, 10:59:34 PM |
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Actually, if we stick to the plan, there is no need to rush in trading, because we have already determined buy and sell targets. So before the buy / sell target is reached there is no need to do anything, because acting outside the plan is usually making a loss in trading. In other words, we really need to have patience in trading, if we really want to get a profit. Crypto market is volatile, making us panic and take action outside the plan. This must be avoided.
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gaston castano
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March 17, 2021, 11:01:48 PM |
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because the market is unpredictable then you cannot do it that way continuously, for example you buy low in the first month and are sure to get a profit in the second month by adding your money to it, but what happens sometimes does not match expectations so you will lose and lose more money because in trading there is nothing consistent and my advice is that you can maximize your profit at one time.
You wouldnt learn up those things if you dont able to experience that one because there are really times that people anticipate or expect that much which would result into those actions which could really be missing out those right time sell out opportunities. One reason on why we do deal up with this market is the sole purpose of making profits.Letting your impatient kind of behavior or being too much confidence would really be putting you in nowhere. Never be on a hurry because you would really be making out mistakes if you dont really think up and analyze things well. it's not like that I mean but the market conditions will not be exactly the same every day I mean when you get a profit now and you try the same method the next time it could be different results so when you get profit make it as much as possible because the same opportunity may not come anytime soon. Would really be an endless one when it comes to possible methods that should really be used which is the hardest thing where lots of trial and error will really be done.It is just depending on how you do deal with it. Dont make yourself in a hurry on all angles neither on hurrying up on taking or making profits or hurrying up yourself on taking a shortcut on learning everything. Take it slowly but surely.Mistakes cant really be avoided but it can really be minimized. well, I agree some people are impatient and always think the same and expect the same results, for example someone buys an ico coin and makes a profit from it then buys another ico coin and expects the same result more to think that he will get the same profit like Previously, this was where an important role in analyzing and minimizing risk was needed.
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btc-facebook
Legendary
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Activity: 1862
Merit: 1015
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March 18, 2021, 08:22:46 AM |
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And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Your strategy can be used optimally if traders have a mature plan, one of which is by using good trading management, selling gradually and buying gradually is the right way to get maximum profit, and will also help us not to rush into trading, but this strategy will not work perfectly if you don't know how to determine the support and resistance areas, because the support and resistance areas will help you sell or buy coins gradually.
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SquallLeonhart
Legendary
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Activity: 2338
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March 18, 2021, 06:09:48 PM |
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That's actually one of the lessons that I have learned in crypto trading especially when I have sold my holdings at a lower price due to panicking. Sometimes, we really have to trust the potential and capability of our coins and we should also learn how to handle our emotions. There are actually instances where unexpected coin could boom in time so patience is really important.
that is why you have to make a target when to sell your coins, believe that no matter how strong you will hold it, it might be a little tempting to always look at market conditions, especially when the market goes up / down quickly the target that you had to hold back could be sold because you were tempted / panicked. Well one thing is for sure, if you have a play and just execute that, it doesn't matter what the market does because you will be ready for anything. For example, I have a plan that involves price when I sell changes based on where the money goes to, I am not planning on selling any time soon but with each 30% drop I end up selling a bit, and I will sell it all when it reaches 20k and will be in profit. I also had a plan to buy as well, when I buy I ended up buying when it was lower last year and I got very lucky as well, didn't expect to make as much as 10x and that was really awesome. I do keep buying constantly but I really bought the most during 6.5k or so, I think everyone should have that type of strategy, if you have a strategy and know when you will buy and when you will sell, you will not be in trouble at all and you can make a decent return.
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batang_bitcoin
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March 18, 2021, 07:28:03 PM |
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that is why you have to make a target when to sell your coins, believe that no matter how strong you will hold it, it might be a little tempting to always look at market conditions, especially when the market goes up / down quickly the target that you had to hold back could be sold because you were tempted / panicked.
When I look at the market, it's really tempting me to sell if I see the prices as good price to sell what I got. But that doesn't mean that I want to sell all of it. I think this attitude towards the market is better when we look at the low prices and we are wanting to buy. That's the better approach when the market is down, we should crave to buy every dip.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Imran232
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March 18, 2021, 09:09:58 PM |
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From my experience i can say hurry is the real enemy for us to anywhere or any work. Then why we will be in hurry when we are working with our own money. For a trader their has lots of rule which is outside of the box but we have to follow that all rules if we want to be a successful traders. And all of them rules their is a most important rule which is calm & relax. Means when yoi want to work you should be relax and focused. If you are in hurry then there had a huge percentage of chance that you may loss your focused and loss your profit. Which is not a good sign for a trader. I hope i clarify it.
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jack05
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March 21, 2021, 09:24:02 AM |
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We are hurry to buy when coin is at its peak and also in hurry to sell when coin is falling down. This should not be the strategy. Crypto is not for small hearted people with weak nerves. If you cant see market in red then crypto is not for you.
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Question123
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March 21, 2021, 01:12:26 PM |
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Being hurry in every situation are not good because it will cause for you to lost some profit or money. Like in the crypto buying to early of the coin sometimes are not good because sometimes the price dump so instead you buy cheaper coins you buy it high same also to the selling if you sell early and price is pump after you convert it to the fiat you lost some profit.
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Kez1817
Member
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Activity: 909
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www.cd3d.app
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March 21, 2021, 01:27:54 PM |
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Actually, if we stick to the plan, there is no need to rush in trading, because we have already determined buy and sell targets. So before the buy / sell target is reached there is no need to do anything, because acting outside the plan is usually making a loss in trading. In other words, we really need to have patience in trading, if we really want to get a profit. Crypto market is volatile, making us panic and take action outside the plan. This must be avoided.
Indeed you're right! Patience is always need in trading, if you already set a plan, just wait it to be reach because if not you might loss instead of making profit. Although we have different strategy in doing trade but whatever kind of strategy is it, patience is always need and right timing of buy and sell.
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RealMalatesta
Legendary
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Activity: 2338
Merit: 1124
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March 22, 2021, 08:53:48 AM |
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For me its just works for buying bitcoin. Because when we buy actually we are choosing our position in trading so in my point of view we should not be in a hurry at that time. But when there is bull market and we already can get enough profit then I think it is okay to sell in hurry when the price starting to fall, this is what I call avoiding the greed. Of course analyzing the chart also important in decision making. But when the time is close to bitcoin halving then we should be in a hurry to buy bitcoin because the price definitely will rise, so don't miss the chance.
If you think it is okay to sell in a hurry in a bull market that means you will never be a rich person, do not be worried I am sure you will find a way to make a living in some career but just not in crypto. Bitcoin is something that always brings profit, but aside from that even when it drops, it goes back up very quickly, just recently we were 58k and reached to 43k and look where we are right now, we broke the ATH and became 60k all over again, that is why you should not sell in a hurry. In fact if you ever do anything in a hurry, it should be buying in a hurry, when the price drops, I keep buying more and more, I actually take out a loan to buy more, because I know that low prices are great to buy bitcoin and it helps you make a profit later when the price goes up, that is why I think it is quite wrong to sell bitcoin and you should not do anything in hurry but if you do anything, it should be buying.
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pawanjain
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March 22, 2021, 11:57:33 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
The term is FOMO (Fear Of Missing Out). The FOMO of buy/sell is always harmful since it makes us take the decisions in a hurry. We tend to go with flow and sometimes end up in a loss since the market goes in the opposite direction after we buy/sell. To stop this from happening we should always take the time to do a research and analyse at what point we should buy/sell. This gives the time for the FOMO to settle and also help us take better decisions according to our research and analysis.
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matchi2011
Sr. Member
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Activity: 1456
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Buy $BGL before it's too late!
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March 22, 2021, 12:39:48 PM |
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Actually, if we stick to the plan, there is no need to rush in trading, because we have already determined buy and sell targets. So before the buy / sell target is reached there is no need to do anything, because acting outside the plan is usually making a loss in trading. In other words, we really need to have patience in trading, if we really want to get a profit. Crypto market is volatile, making us panic and take action outside the plan. This must be avoided.
Indeed you're right! Patience is always need in trading, if you already set a plan, just wait it to be reach because if not you might loss instead of making profit. Although we have different strategy in doing trade but whatever kind of strategy is it, patience is always need and right timing of buy and sell. Whatever strategy as long as you understand what your doing enough patience will lead you to maximize your opportunities, there's always a good side if you know how to plan ahead. Every traders understand the need of patience, it's your choice as you have to take care of your investment. Your patience along with your proper understanding are the key tool to success.
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perfect999
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March 29, 2021, 06:33:12 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Yes the method you have here is what I always make use of; selling my coins in batches. I never sell them all at once, because the market can move any direction at anytime, so once I have covered my invested capital enough, I quickly remove it and let the rest stay in the market and continue the growth and for sure there are times of losses, but it wouldn’t disturb you that much knowing that you have gotten your invested capital back with some profits, and the rest there is just for you to continue making profit while the market is growing.
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Lanatsa
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March 29, 2021, 07:37:32 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Yes the method you have here is what I always make use of; selling my coins in batches. I never sell them all at once, because the market can move any direction at anytime, so once I have covered my invested capital enough, I quickly remove it and let the rest stay in the market and continue the growth and for sure there are times of losses, but it wouldn’t disturb you that much knowing that you have gotten your invested capital back with some profits, and the rest there is just for you to continue making profit while the market is growing. Once you had able to secure out your capital then you would really be that confident even if you do lost up some money with your further investment since you do know behind that you had already gained and you are just re-rolling or reinvesting the profit you had made and in case you have lost it then stress or pressure wont really be that serious not like when you do have some loaned money and you are eager to make profits and you have lost it instead then that would really be giving a different vibe.
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ScamViruS
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March 29, 2021, 07:55:32 PM |
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We are hurry to buy when coin is at its peak and also in hurry to sell when coin is falling down. This should not be the strategy. Crypto is not for small hearted people with weak nerves. If you cant see market in red then crypto is not for you.
This is the reality for crypto traders. Most traders cannot control their emotions when it comes to trading. They always put themselves in the middle of a hurry, they think if they miss an opportunity, they will not get another opportunity. But this is their misconception. If they can gain experience in analyzing the market properly, they can always take advantage of the market. Buy after making a huge pump in the market, and sell after making a big dump. It is important to acquire trading knowledge to protect yourself from such situations.
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tbterryboy
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March 29, 2021, 08:17:16 PM |
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the method you have here is what I always make use of; selling my coins in batches. I never sell them all at once, because the market can move any direction at anytime, so once I have covered my invested capital enough, I quickly remove it and let the rest stay in the market and continue the growth and for sure there are times of losses, but it wouldn’t disturb you that much knowing that you have gotten your invested capital back with some profits, and the rest there is just for you to continue making profit while the market is growing.
This is actually a good way of reaping the highest rewards for your faith in tokens. I do the same when I invest in a token and it is doing good, I don't want to wait too long because the price might drop back to a lower value soon but at the same time, I don't want to cash out too early so I rather sell a part of my coins and repeat the same slowly to get the highest value for my investment. not like when you do have some loaned money and you are eager to make profits and you have lost it instead then that would really be giving a different vibe.
Right, when you are under pressure to make more money with the same investment you might wait for too long and end up in loss actually or sell too early and miss potential gain. I don't know why someone would trade with money they have borrowed because it is just adding an extra layer of pressure and with how unstable the altcoin market is, you will always struggle to keep a calm head.
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DarkDays
Legendary
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Merit: 1189
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March 29, 2021, 08:57:37 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Can't say I totally agree with this. I actually find that crypto tradings are all about timing. If you're too late even, by a split second you can feel the difference big time. What I think is more suitable is to never hurry while doing what's required - due diligence - which of course, has to be done in advance.
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LUCKMCFLY
Legendary
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Activity: 2408
Merit: 1849
Leading Crypto Sports Betting & Casino Platform
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March 30, 2021, 06:02:30 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
The disadvantage of taking this type of trading is that if you miss an opportunity that you see in one day to make a good sale obtaining a high profit, and you leave it the next day it may have fallen in price and if you put a sale it may not tap on the target, I think the best thing to do is: 1.-Follow up and place a high profit. 2.-If you touch the profit, what you should do is lengthen the profits by moving the Stop Loss, to be winning for sure. Some Exchanges have the option of placing the Stop Loss and the Take Profit at the same time, with that you save time from moving the Stop Loss and you can make Re-Entries without losing the original position.
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death69
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March 30, 2021, 08:55:50 AM Last edit: March 30, 2021, 02:19:14 PM by death69 |
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Actually, if we stick to the plan, there is no need to rush in trading, because we have already determined buy and sell targets. So before the buy / sell target is reached there is no need to do anything, because acting outside the plan is usually making a loss in trading. In other words, we really need to have patience in trading, if we really want to get a profit. Crypto market is volatile, making us panic and take action outside the plan. This must be avoided.
Indeed, there is no need to enter a trade instantly. Before making any trade, we should determine our entry, our stop loss as well as our profit by using technical analysis and then, we just need to wait for the price to get into our zone. Trading heedlessly only makes our capital smaller because of losing order. There is one thing I think that it is necessary for all trader: to understand ourselves as well as our weaknesses in order to avoid making the same mistakes over and over again. In addition, I understand that people want to make fast money when the market is so volatile like this. But, being rich in a short time does not mean anything. Life has much more things for you to enjoy and have fun with. Get outside, take exercise, drink some beers with a friend or travel are all best things to do. And don't forget to gaining more and more knowledge is the best way to make ourselves profitable. The advanced knowledge you have obviously open more gates for you with new opportunities. Tons of way to increase our income, not just trading crypto alone
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ChuckBuck
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March 30, 2021, 04:24:51 PM |
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Indeed, there is no need to enter a trade instantly. Before making any trade, we should determine our entry, our stop loss as well as our profit by using technical analysis and then, we just need to wait for the price to get into our zone. Trading heedlessly only makes our capital smaller because of losing order. There is one thing I think that it is necessary for all trader: to understand ourselves as well as our weaknesses in order to avoid making the same mistakes over and over again.
All you're talking about is the theory anyone can say. But how many people will exercise that theory? How many people have succeeded from the above statements? Have you been successful yourself? In fact, even if you know what you need to do, you may not be able to do it yet. It is difficult for people to overcome the temptations. And one more thing, everyone wants to get rich quickly, right? Do not lie to
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conected
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March 30, 2021, 05:06:58 PM |
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Indeed, there is no need to enter a trade instantly. Before making any trade, we should determine our entry, our stop loss as well as our profit by using technical analysis and then, we just need to wait for the price to get into our zone. Trading heedlessly only makes our capital smaller because of losing order. There is one thing I think that it is necessary for all trader: to understand ourselves as well as our weaknesses in order to avoid making the same mistakes over and over again.
All you're talking about is the theory anyone can say. But how many people will exercise that theory? How many people have succeeded from the above statements? Have you been successful yourself? In fact, even if you know what you need to do, you may not be able to do it yet. It is difficult for people to overcome the temptations. And one more thing, everyone wants to get rich quickly, right? Do not lie to - Agree to your comment, there are too many ways to overcome the weaknesses in trading and limit haste but in practical terms, these methods still do not yield some enough evidence to convince our beliefs, the only evidence I consistently see is that similar advice and topics are created over time, old workarounds and not worth it. The torment in our mind always drives us to solve problems faster and more thoughtless, theory we've ever put out suddenly dismissed aside, after being awake and promising ourselves, we continue to make mistakes without control
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death69
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March 30, 2021, 05:32:08 PM |
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Indeed, there is no need to enter a trade instantly. Before making any trade, we should determine our entry, our stop loss as well as our profit by using technical analysis and then, we just need to wait for the price to get into our zone. Trading heedlessly only makes our capital smaller because of losing order. There is one thing I think that it is necessary for all trader: to understand ourselves as well as our weaknesses in order to avoid making the same mistakes over and over again.
All you're talking about is the theory anyone can say. But how many people will exercise that theory? How many people have succeeded from the above statements? Have you been successful yourself? In fact, even if you know what you need to do, you may not be able to do it yet. It is difficult for people to overcome the temptations. And one more thing, everyone wants to get rich quickly, right? Do not lie to You are correct. Learning new theory and new concepts always easier than beating your own existent monster and your own weakness. Temptations, greed, being panic, etc are all bad behaviors which hardly damage the way we trade. This process may take many years in order to resolve, not just in a couple of days unless you have a mind of a solid warrior The key to achieve this is to be disciplined. Creating your routine in trading and do not break it. At first, it may be difficult to follow. But if you are patient enough, you will soon realize that those rules are things keeping you from losing all of your money and have a stable income
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Jemzx00
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March 30, 2021, 06:08:24 PM |
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Actually, if we stick to the plan, there is no need to rush in trading, because we have already determined buy and sell targets. So before the buy / sell target is reached there is no need to do anything, because acting outside the plan is usually making a loss in trading. In other words, we really need to have patience in trading, if we really want to get a profit. Crypto market is volatile, making us panic and take action outside the plan. This must be avoided.
Indeed, there is no need to enter a trade instantly. Before making any trade, we should determine our entry, our stop loss as well as our profit by using technical analysis and then, we just need to wait for the price to get into our zone. Trading heedlessly only makes our capital smaller because of losing order. There is one thing I think that it is necessary for all trader: to understand ourselves as well as our weaknesses in order to avoid making the same mistakes over and over again. Unfortunately, not all plan is determinate and can be expected to happen especially in trading. No matter how much you set your buy and sell targets, it might not go as you have planned. Most of the time, the stop loss you've set happened before the big pump which makes your investment and trading activity hard to manage. It's best to set your limit while watching the market go and be prefer to what happens next whether you exit, buy more or just to hold and wait. Nothing is determinate no matter how much research you've put into trading but being cautious is a needed practices when trading.
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trigger1975
Full Member
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Activity: 252
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NFTs on Sale: https://bit.ly/2POlV17
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March 30, 2021, 10:10:40 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
That's why I love swing trading and why I'm trading H1 and above (preferred H4): it removes a lot of the stress day trading has. You can analyse your charts thoroughly and slowly, if you find a possible setup, you can think about, you can ponder pros and cons, you can build your game plan unhurried and then enter the trade. It's maybe 1 in 20 trades where I have to hurry up a bit as the trade is unfolding right away. It's definitely more relaxing.
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corel
Member
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March 31, 2021, 03:20:45 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
It should not rush even in ordinary affairs, let alone in financial transactions
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pankowri
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Activity: 728
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$CYBERCASH METAVERSE
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March 31, 2021, 10:16:50 AM |
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There is a saying that Work in a hurry is devil work. Work in a hurry can spoil whole the concept and the decision which take in hurry never be successful. Always before doing any work take preparation and fruitful plan and have time sense that's can make the work perfect. Never hurry in buy or sell, you can take immediate decision when you oversure about a thing that can bring you extra profit or you can earn much more than regular.
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JooBra
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March 31, 2021, 06:42:25 PM |
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There is a saying that Work in a hurry is devil work. Work in a hurry can spoil whole the concept and the decision which take in hurry never be successful. Always before doing any work take preparation and fruitful plan and have time sense that's can make the work perfect. Never hurry in buy or sell, you can take immediate decision when you oversure about a thing that can bring you extra profit or you can earn much more than regular.
Well I agree with you in some aspect. Being in a hurry when trading is a really bad idea and always ends up bad. At the other hand finishing work in hurry can lead sometimes to good stuff like finding better and faster way to do something.
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Xxmodded
Sr. Member
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Activity: 2268
Merit: 309
Seabet.io | Crypto-Casino
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March 31, 2021, 11:00:28 PM |
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Waiting and keep been patient is most important because become hurry is not worth when investing or trading in any coin, many time we see trader panic or hurry to buy coin reach higher price and later back lower price, but you need waiting and become more patience when have to buy or sell. Better waiting than have loss all your money because hurry buy coin not good moment.
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death69
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April 01, 2021, 04:18:28 PM |
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Actually, if we stick to the plan, there is no need to rush in trading, because we have already determined buy and sell targets. So before the buy / sell target is reached there is no need to do anything, because acting outside the plan is usually making a loss in trading. In other words, we really need to have patience in trading, if we really want to get a profit. Crypto market is volatile, making us panic and take action outside the plan. This must be avoided.
Indeed, there is no need to enter a trade instantly. Before making any trade, we should determine our entry, our stop loss as well as our profit by using technical analysis and then, we just need to wait for the price to get into our zone. Trading heedlessly only makes our capital smaller because of losing order. There is one thing I think that it is necessary for all trader: to understand ourselves as well as our weaknesses in order to avoid making the same mistakes over and over again. Unfortunately, not all plan is determinate and can be expected to happen especially in trading. No matter how much you set your buy and sell targets, it might not go as you have planned. Most of the time, the stop loss you've set happened before the big pump which makes your investment and trading activity hard to manage. It's best to set your limit while watching the market go and be prefer to what happens next whether you exit, buy more or just to hold and wait. Nothing is determinate no matter how much research you've put into trading but being cautious is a needed practices when trading. You have to accept that fact. Your stop loss can be wiped out from the game but as long as your balance remains, you are still able to make money, even x10 your balance. Keep your mind cold and stop being so emotional during trading. You can lose one trade, but when your technical analyzing strategy are good, your next 2 trades probably the win ones. Moreover, if you order are in profit, try to take a partial profit or reset your stop loss to your entry point. There are many ways to manage your money in trading, but first of all, you have to clear your mind. Loss is acceptable. No trader has a consecutive win. It only exists in our imaginary Be professional and responsible with your trading career, and you will receive the rewards
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thecryptogandalf
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Activity: 147
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April 21, 2021, 03:31:17 PM |
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Patience and discipline is the key. It is vital to not to make decisions based on emotions. Make the plan well, enter the trade and out as planned. Stick to the plan very end.
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Sinjokubhi
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Sinjokubhi
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April 21, 2021, 04:27:44 PM |
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Patience and discipline is the key. It is vital to not to make decisions based on emotions. Make the plan well, enter the trade and out as planned. Stick to the plan very end.
Emotional control is needed in trading. It is true, we need patience and discipline, because when we want to achieve a target, we have to do it in a timely and orderly manner. Moreover, you are a day trader, discipline is needed when you trade directly. Discipline is accompanied by patience, that is the right combination, discipline requires patience and patience requires discipline. Because, if we just rely on that one emotion, I don't think it will be balanced. For example, you always make a very disciplined trade according to the schedule you have set, but in that trade you are very reckless and in a hurry when selling currencies. Then, you regret that you are too quick to sell coins because it turns out that the price continues to soar from your selling point. But, somehow we have to be grateful for what we get. Don't expect big profits, be grateful for the benefits you get. Don't be too greedy for big profits, it will blind you to the risks which are just as big when you expect bigger profits.
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Alert31
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Activity: 1041
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Trident Protocol | Simple «buy-hold-earn» system!
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April 21, 2021, 04:35:04 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
That's right! I tried many time losing because of always be in a hurry to sell and buy. Sometimes I'm chasing the price which is not good idea because you will surely lose. Because of my trading experience I learned a lot and step by step my trading ability increase a little bit. In trading we always need to have a target value to reach and don't be in a hurry, just wait patiently until your order reach so that you can earn profit and can avoid loses. Also, in trading you don't need to be greedy and instead of regret, just be grateful if you earn a small profit than nothing.
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Mamun74
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April 21, 2021, 04:59:45 PM |
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I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
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XZERO1
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Merit: 33
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April 21, 2021, 06:55:47 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair
Yeah, I remember the days that I was like that and I simply couldn't wait and stay in Fiat and wait for that perfect buying opportunity when everyone is panic selling, and it's not a pleasant experience to quickly get into some loss as a result or miss out on buying way on a way lower price which could minimize your risk and give you better r/r. for your trade or investment. And I learnt that you have to experience some loss because of wanting to be in a position all the time to change your way, it's kind of like an addiction and it just always push you to get on a trade after another even in the back of your mind you're sure it's not a good decision that you're making.
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ardentvolcanoes
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April 21, 2021, 07:02:05 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
That's right! I tried many time losing because of always be in a hurry to sell and buy. Sometimes I'm chasing the price which is not good idea because you will surely lose. Because of my trading experience I learned a lot and step by step my trading ability increase a little bit. In trading we always need to have a target value to reach and don't be in a hurry, just wait patiently until your order reach so that you can earn profit and can avoid loses. Also, in trading you don't need to be greedy and instead of regret, just be grateful if you earn a small profit than nothing. Doing your research and study the market condition before stepping into it is very important, though mistake mostly happened but it teaches us as well. You need to make sure to understand how things work inside and allow yourself to adopt everything. Afterwards you'll see progress and you'll not be chasing the price from time to time, patience is the key factor for your success needs to learn how to work it out correctly.
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SquallLeonhart
Legendary
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Activity: 2338
Merit: 1101
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April 21, 2021, 07:42:50 PM |
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I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
When you're dealing only with highly valuable/reputed coin then there will be no reason to get panic whenever you're facing wild market fluctuations. When market goes as per our expectation then people definitely stay calm but whenever they are finding market is going against their prediction then they are losing control over their emotion and taking whatever decisions based on what they just see. Definitely making decisions in hurry will not help in making profits out of crypto trading. We must react based on what we have planned prior to entering into markets. Sticking with plan always helps.
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milewilda
Legendary
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Activity: 3108
Merit: 1127
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April 21, 2021, 08:13:08 PM |
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I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
When you're dealing only with highly valuable/reputed coin then there will be no reason to get panic whenever you're facing wild market fluctuations. When market goes as per our expectation then people definitely stay calm but whenever they are finding market is going against their prediction then they are losing control over their emotion and taking whatever decisions based on what they just see. Definitely making decisions in hurry will not help in making profits out of crypto trading. We must react based on what we have planned prior to entering into markets. Sticking with plan always helps. But there are calls which do really able to save our ass on and making the right decision based up those panicking mode.Yes, it might not really be that recommended because staying up on your plan should always be prioritize but there are situations where you cant really just ignore your emotion and freak out when you do see wide swings in prices.Experience is one of the factors or things that would really be needed for you to have in control in times like these.It might not be simple but once you are fully aware on how this market works or behaves then you can really set out your own plans without panicking that much.
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bitgolden
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Leading Crypto Sports Betting & Casino Platform
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April 21, 2021, 09:01:20 PM |
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Definitely making decisions in hurry will not help in making profits out of crypto trading. We must react based on what we have planned prior to entering into markets. Sticking with plan always helps.
If you ask me, even professional traders do get into hurry but not for decision making but they will plan up how they need to prepare themselves for current and future market situation. I mean everything should be done well in advance in trading so that you could tackle all the market fluctuations. It might not be simple but once you are fully aware on how this market works or behaves then you can really set out your own plans without panicking that much.
Yes, when we gain experiences then everything will become a habit. So, it means only the initial routine will be harder. At the same times, it does not mean that we can stay relaxed after gaining some experiences. Continuous learning is more important in trading so that we can stay updated and can tackle markets profitably.
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batang_bitcoin
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April 21, 2021, 09:09:38 PM |
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I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
You should hurry if your goal is to buy at the dip and whenever you see that coin goes into a correction, you should be in a hurry before it recovers. The market is quick in recovering that's why that's all you have to do but patience requires for those who wants to take profit. You might sell at a profitable price but if you're too sensitive in profit and you've experienced a lot of times that the price goes higher afterwards, that's when patience will come in upon selling.
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Vaculin
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April 21, 2021, 10:59:56 PM |
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I could say, "it depends on the situation". It also matters how you approach the market. Just like this current situation where correction just comes in a very limited time, if we are going to catch it better make to hurry. But of course, as a usual strategy, think first before you are going to do that and must be planned ahead of time. Otherwise, you will just fall into the trap that is waiting for you.
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Dewi Aries
Legendary
Offline
Activity: 2688
Merit: 1091
Leading Crypto Sports Betting & Casino Platform
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April 22, 2021, 06:52:32 AM |
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I think what is the matter is when people panic. Because in some condition we forced to get hurry especially when we know and not buy yet a pumped coin and then sell it immediately when pump still happen. It works for some traders, but once you get panic and made a mistake, it can make you really regret.
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Zilon
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April 22, 2021, 08:29:13 AM |
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prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
Trading is all about loose and gain but its more better when your gains can cover up for your losses. Trading requires consistency and patience. And placing an amount you can afford to loose at any point in time. To maintain a clean earning records consistent learning should be adopted for cleaner sheet. Do a review of previous trades and taking corrections from wrong entry point and wrong analysis.
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blackened515
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April 22, 2021, 03:51:29 PM Last edit: April 22, 2021, 05:28:52 PM by blackened515 |
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To maintain a clean earning records consistent learning should be adopted for cleaner sheet. Do a review of previous trades and taking corrections from wrong entry point and wrong analysis.
When you are new in trading, you will certainly get nervous and start getting in a hurry when the market goes against you, you can overcome such behavior if oh have been trained either by tutor or self experience, this in turn can help you go through all kind of stress and confidence when trading, truly, trading does not require you to be in a hurry as this will only cause
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conected
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April 22, 2021, 04:13:29 PM |
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When you are new in trading, you will certainly get nervous and start getting in a hurry when the market goes against you, you can overcome such behavior if oh have been trained either by tutor or self experience, this in turn can help you go through all kind of stress and confidence when trading, truly, trading does not require you to be in a hurry as this will only cause
- The rush starts from the contradictions that the market brings, we can only cool this heat with continuous experience, familiar with the trend that will help us reduce the rush. Except for this reason, another pressure is profit target, it is very rare for people to be able to clearly define their goal with respect to a plan, sometimes their plans are broken by growth spikes, profit taking is often a mistake and needs to be considered, to deal with these two reasons thoroughly, we will surely mature in a way no one would ever expect in trading.
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ardentvolcanoes
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April 22, 2021, 04:24:48 PM |
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When you are new in trading, you will certainly get nervous and start getting in a hurry when the market goes against you, you can overcome such behavior if oh have been trained either by tutor or self experience, this in turn can help you go through all kind of stress and confidence when trading, truly, trading does not require you to be in a hurry as this will only cause
Patience always needs to be inside you when you are dealing to this business, rushing everything without concrete knowledge will only leads you to a disasters, a lots of traders lose their investment because of this uncontrolled emotions, You have to be precise with your position and not just be easy to move whenever the market turns against you. Experienced and more practice will established you from avoiding this mistake over and over.
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royalfestus
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April 22, 2021, 08:13:10 PM |
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There another signal that could be very important while investing; knowing when whales are selling, they most times they are accessible to information bag holders dont have. When a large movement or trade of altcoins are noticed it is a signal to short. The same principle will indicate the height of this bull market when the price is up and more bitcoins are moving to exchanges. Its a money game and we are suppose to short term with coins and longterm with Fiat.
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rhodelmabanal
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April 23, 2021, 07:45:01 PM |
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Never be in hurry sometimes because of our greed we will become more rush in making some decision, in trading we need to select the best coin to trade so that we can earn profit same with investing before we invest we need to search or look at the background or the team behind the coin and we also need to look for its legitimacy, because if we are in hurry we can posibly loss or become a victim of scam specially in ICOs there are so many scam in cypto right now, so we need to be more careful and never be in hurry.
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Lordhermes
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April 23, 2021, 10:49:31 PM |
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Why should you be in a hurry when it's not advisable to be emotional when entering trades, the only perfect way to become a good trader and have good trading skill is to avoid been in a hurry as you have experienced. At first, when I was new into trading, I stepped out to be the worst trader ever untill I became more intelligent and understood the market very well.
While the market goes down, that's a great opportunity to acquire more coin, a new trader will get feared and worrisome selling off his/her coins, never be feared or be in a hurry when entering trades, take time and study the market and run research before buying coin.
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sumant
Copper Member
Jr. Member
Offline
Activity: 770
Merit: 1
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April 24, 2021, 01:21:38 AM |
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Money making is very hard job in today's world specially in trading. Buy in lower point of any coin and hold for sometimes because holder wins the race. Their is not any place for emotional trader who accumulated in mind day by day. Every project has to give some time to grow in market or price so be relax and you will get definitely huge profits.
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cabron
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April 24, 2021, 01:47:07 AM |
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Money making is very hard job in today's world specially in trading. Buy in lower point of any coin and hold for sometimes because holder wins the race. Their is not any place for emotional trader who accumulated in mind day by day. Every project has to give some time to grow in market or price so be relax and you will get definitely huge profits.
Thats very true. I hurried to buy the dip last Sunday because I thought it will shoot back up again after the dive but it went further down below. This is really what it means when you are in a hurry to make money from the dip and never even trying to find out the reason for traders to dump. Now that I have checked the chart, I guess I could wait for the price to dip to $45K before buying some altcoins I have been waiting for. IF this ain't going to happen though, I wouldn't be buying anything.
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Xinarae*
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April 24, 2021, 06:43:46 AM |
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If you can't analyze the trading charts properly it's better to hold on and wait. Some traders think that trading is more profitable but there are some risks associated with it and sometimes there are losses as well therefore it is very important to adopt a proper strategy and perform it perfectly considering whether the trader is trading for short term or long term becoming proficient in time analysis is the key to success in trading. Trading charts are valuable for time analysis and show price movements at regular intervals it helps traders to decide on open positions and make future trading plans therefore you have to search the market well without rushing.
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SacriFries11
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April 25, 2021, 04:17:15 PM |
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That's right. We just need to know when is the right entry and exit for every trade. It's a series of many trades, we need to be consistent not just how much we gain profit. If the market is bullish and it's not advisable to make the entry, then we should not but we should wait for the correction. We must also stick to our trading plans, and don't emotion judge us whether we might missed out. We can proceed to another trade if it satisfied us with the gain we had. Every traders have their own timeline, not everybody have the same strategy, indicators used, capital and profit percentage that we set. We should not greed and just satisfied with the profit we earn.
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gerryhartell
Member
Offline
Activity: 170
Merit: 10
Tontogether | Save Smart & Win Big
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October 17, 2021, 07:36:38 PM |
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I am not in a hurry to buy any coin. There has been a lot of loss for buying coins in a hurry. So I have become careful. I bought the coin after thinking a lot. So you should know everything before buying coins
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martina14
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October 17, 2021, 08:01:12 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Selling in a hurry is depend in the situation, especially if the price increase so well where you need to sell it to get profit. That is why, Timing is very important to this matter anyway. Patience as well, and self-discipline are the good combination for us to earn nicely in the future.
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Ems.
Jr. Member
Offline
Activity: 119
Merit: 1
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October 17, 2021, 09:01:31 PM |
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Depends ,the situations when human in hurry ,like you need to sale it ,the value will decrease ,example the more you got accident need but if hurry because of ,slowly but surely the way to remember
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Rruchi man
Legendary
Online
Activity: 1288
Merit: 1086
Bitcoin Casino Est. 2013
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October 17, 2021, 11:25:16 PM |
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There are a few peculiar situations where you actually need to be in a hurry, and other times when you need to be calculative. If it's in trading, I'd hurry up when there's a "need" to exit a very bad trade that you didn't set a stop loss to. But if it's on investment with crypto currency, consider the duration first you wish to HODL(Long term or short term) and stick to it. If it's a long term investment that you just entered, then there is no reason to be a hurry.
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iv4n
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October 18, 2021, 05:33:40 AM |
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Depends ,the situations when human in hurry ,like you need to sale it ,the value will decrease ,example the more you got accident need but if hurry because of ,slowly but surely the way to remember
I will agree, the situation you are in will dictate the tempo. But looking at the charts once again we can see that long runners benefit from time to time, without hurrying, simply by being patient and stacking sats whenever we can is paying off! On the other side with daily trading, risking with some new coins and low ranked coins that are if often a subject of some kind of manipulation, for this kind of trading you need to hurry and buy/sell on time if you don't do it you can end up with a big loss or some stack of worthless coins!
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Ebede
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Join hands and help me to grow everybody...
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October 18, 2021, 07:34:44 AM |
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You are absolutely right taking things not in a rush is the best , take time me and be watchful how things go will make better difference. Take time to learn from experience of others
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sherenikaw
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October 18, 2021, 12:29:58 PM |
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Making a profit in trading is an obligation but also one should not rush into trading that is said. Trading requires careful thinking and also a calm attitude in it so that we can decide the right time to buy or sell the coins. if we trade well, be careful and not rash then we can get as much profit as we get. don't forget to also see and analyze the market so that we can continue to monitor the ups and downs of the crypto market.
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zaesvlas
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October 18, 2021, 01:07:12 PM |
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Haste in this industry only leads to mistakes. This is really a law, which is confirmed by cases.
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otundebis
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October 18, 2021, 01:37:29 PM |
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These advice are solid. In addition, I will like to say that you must understand the difference between urgent, important and less important entry. Sometimes in trading, you may discover that a certain coin is oversold and that will not be the time for you not to be in a hurry. You must buy as a matter of urgency. You must be able to apply these actionable activities in different coin prices scenarios!
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doremonchina
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October 18, 2021, 01:39:05 PM |
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These are everything that individuals have purchased before, driving them to silly costs, not on the grounds that they did anything helpful or delivered cash or had social worth however exclusively in light of the fact that individuals figured they could sell them on to another person for more cash later on At the point when you make this sort of procurement which you ought to never do you are hypothesizing
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suryana
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October 18, 2021, 05:16:55 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
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onecall123
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October 18, 2021, 05:28:38 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
Even though it is widely known that Bitcoin and the other Top Ten Markets had their own potential, quite a few people are still not able to make money from them because of the volatility. Having a good trading plan in place is therefore very important. Strategies are the most important part of the business. Since the Bulls and Bears will never control, be prepared for all of the upcoming inconveniences. It does not matter whether the outcome is positive or negative, you should always be prepared.
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Mpamaegbu
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Once a man, twice a child!
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October 18, 2021, 05:41:39 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry.
I've come to treat my financial transactions with the same precision and meticulousness of a lawyer handling a murder case. I take all the time I need, and never allow myself to be pressured into hastiness. I do it that way because any slip could damage my finances just the same way a slip from the lawyer trying out a murder case could be disastrous too and send his client to prison. This is a perception I learnt watching Alan Shore on Boston Legal. Why the rush, I ask. I once almost slipped while selling Bitcoin as I forgot to add an extra zero and that would've been me selling far below the price. I think the price was around $12,000 and while selling the little Satoshi that I had, I mistakenly put the price at $1,200. But I was quick to realize that before I triggered the trade. It would've been a grave mistake. And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Well, I do this when I suspect that the token would still go up after I sell but can't be too certain it won't dump in price. So, to be on the safe side I sell in batches in order to make sure I recoup my capital. But if there are clear indications that the token would dump, I sell all at once.
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jossiel
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October 18, 2021, 06:07:29 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
Trading isn't all about luck but sometimes there are those moments that we rely on it and think that we're lucky enough to sell at the right time. But that right time isn't actually luck, we're just on the right timing and it's part of your strategy and decision making so if ever you're not in a hurry and sell well by that time then you deserve the profit you're about to take.
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matchi2011
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Buy $BGL before it's too late!
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October 18, 2021, 06:22:23 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
Trading isn't all about luck but sometimes there are those moments that we rely on it and think that we're lucky enough to sell at the right time. But that right time isn't actually luck, we're just on the right timing and it's part of your strategy and decision making so if ever you're not in a hurry and sell well by that time then you deserve the profit you're about to take. Patience is what we need in order to succeed from this venue of investment, you are right that timing is helping with luck behind, the chance is pretty high to achieved and earned from this venue of investment. Many failed from the first stage of their journey because of many factors that affects their decision making, greed and fear both can lead you to lose you money and your opportunities to earned from this business.
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Patigi
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Trident Protocol | Simple «buy-hold-earn» system!
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October 18, 2021, 06:34:55 PM |
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Always be patient with whatever you are doing especially in cryptocurrency investment. Never be in hurry to buy or sell because it may affect you. I like to share my experience when I was very hurry to sell out my cion. I buy Bitcoin at rate of 30usd but I sold it when it pump 40usd because China was trying to ban cryptocurrency in their country. Now it has been a regret to me when I found out bitcoin market few days back.
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██ TridentProtocol.com │ HIGH FIXED APY 382,945% ██ THE HIGH PAYING AUTO-STAKING & AUTO-COMPOUNDING PROTOCOL
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Alisha FR
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October 21, 2021, 10:28:15 PM |
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Yes, of course a trader should not rush into trading. Actually it is very important to set a target in trading, when the target has not been reached then the last way is to hold it. As you explained is advice for all traders, rushing only makes us regret.
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Alisha-k
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October 21, 2021, 10:57:41 PM Last edit: October 21, 2021, 11:16:50 PM by Alisha-k |
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Patience is key... We should note that; Being in a hurry can not be avoided, though it can be tamed, It's of great essence to survey and analyze the market properly before buying or selling out also, applying pressure may lead you to making huge mistakes you'll regret and lastly, not all dip are favourable periods to acquire coins as well as not all bump are favourable to sell.
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sumant
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October 22, 2021, 12:59:39 AM |
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Holders always win the race. To Being a rich man in this world, you have to be patience man.This will be key to become a good investor and gain huge profit. If you saw any coin trading charts, you will find that only big holders will sell when someone surprised and saying that I have sell many times ago. You will always get loss when you are in hurry so being a good holder and get patience in your life to make a good retirement.
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awik p
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Pepemo.vip
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October 22, 2021, 03:25:44 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
Trading isn't all about luck but sometimes there are those moments that we rely on it and think that we're lucky enough to sell at the right time. But that right time isn't actually luck, we're just on the right timing and it's part of your strategy and decision making so if ever you're not in a hurry and sell well by that time then you deserve the profit you're about to take. Patience is what we need in order to succeed from this venue of investment, you are right that timing is helping with luck behind, the chance is pretty high to achieved and earned from this venue of investment. Many failed from the first stage of their journey because of many factors that affects their decision making, greed and fear both can lead you to lose you money and your opportunities to earned from this business. Psychological factors are indeed the most decisive in trading, where in my opinion this factor is the most difficult to control. although sometimes our analysis is correct, but a lot happens, we are afraid or greedy in making decisions so that we cannot maximize profits or even lose as a result of psychological pressure within us.
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matchi2011
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Buy $BGL before it's too late!
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October 22, 2021, 07:02:17 PM |
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Psychological factors are indeed the most decisive in trading, where in my opinion this factor is the most difficult to control. although sometimes our analysis is correct, but a lot happens, we are afraid or greedy in making decisions so that we cannot maximize profits or even lose as a result of psychological pressure within us.
It is a must control this one up. Those who are successful inside this business are the ones who were able to work it out and control any emotions that they feel during their investment period, these capability makes a big difference from those Who cannot control, As a result of greed, losses are anticipated or regrets when you decide in a rush way and unable to take or maximize the full potential of your investment.
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Hamphser
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October 22, 2021, 07:10:57 PM |
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Psychological factors are indeed the most decisive in trading, where in my opinion this factor is the most difficult to control. although sometimes our analysis is correct, but a lot happens, we are afraid or greedy in making decisions so that we cannot maximize profits or even lose as a result of psychological pressure within us.
It is a must control this one up. Those who are successful inside this business are the ones who were able to work it out and control any emotions that they feel during their investment period, these capability makes a big difference from those Who cannot control, As a result of greed, losses are anticipated or regrets when you decide in a rush way and unable to take or maximize the full potential of your investment. We are just human beings and its just normal that we would really commit these mistakes initially because no one do start on being a pro or experienced ones which means that we would definitely experiencing this unfortunate events when we do step our foot here on trading or on this market.Being a noob will really be giving that kind of mistake because we would eventually learn up the rest because we do make our selves improved once we are already aware with the situation and just be aware on things all along.
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Fatunad
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October 22, 2021, 07:19:29 PM |
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Psychological factors are indeed the most decisive in trading, where in my opinion this factor is the most difficult to control. although sometimes our analysis is correct, but a lot happens, we are afraid or greedy in making decisions so that we cannot maximize profits or even lose as a result of psychological pressure within us.
It is a must control this one up. Those who are successful inside this business are the ones who were able to work it out and control any emotions that they feel during their investment period, these capability makes a big difference from those Who cannot control, As a result of greed, losses are anticipated or regrets when you decide in a rush way and unable to take or maximize the full potential of your investment. We are just human beings and its just normal that we would really commit these mistakes initially because no one do start on being a pro or experienced ones which means that we would definitely experiencing this unfortunate events when we do step our foot here on trading or on this market.Being a noob will really be giving that kind of mistake because we would eventually learn up the rest because we do make our selves improved once we are already aware with the situation and just be aware on things all along. You would really be committing mistakes when you do make yourself in a hurry on where there are people who doesnt really like to pass on a very hard situation or very long term duration which they dont mind about learning it on a slow but surely kind of method but instead they would rush up into things and trying to make money as much as they can as short time as they can without realizing that handling out this market is something that you cant really just able to have good grasp to it.It would takes years and countless trial and errors you would experience before you would able to attain that.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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livingfree
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October 22, 2021, 08:14:28 PM |
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Holders always win the race. To Being a rich man in this world, you have to be patience man.This will be key to become a good investor and gain huge profit. If you saw any coin trading charts, you will find that only big holders will sell when someone surprised and saying that I have sell many times ago. You will always get loss when you are in hurry so being a good holder and get patience in your life to make a good retirement.
It's entirely different. The topic discussing is about trading and we all know that being a holder is a different matter and we do win at most times. But for those traders, they have to be patient too. Just like what holders are doing, there's a way to manage their trades just as what's said in the op.
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DarkDays
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October 22, 2021, 08:27:12 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end.
I must agree with this. There isn't such a clear thing as hurrying will be bad or good. The way I see it, it all depends on the scenario and sometimes being the first to dump can mean you secured your profits early at the highest possible peak, or that your exit was too early and lost by doing so. It is all a risk. The most important point though, and all I'm trying to convey is that as long as your happy with the action you take then that's alright.
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stomachgrowls
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October 22, 2021, 10:41:01 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end.
I must agree with this. There isn't such a clear thing as hurrying will be bad or good. The way I see it, it all depends on the scenario and sometimes being the first to dump can mean you secured your profits early at the highest possible peak, or that your exit was too early and lost by doing so. It is all a risk. The most important point though, and all I'm trying to convey is that as long as your happy with the action you take then that's alright. Thats how it should be on where you do make out decisions then this isnt something that you would regret even though there are instances which you cant really able to avoid that since we are just humans and we dont like on losing money. Its true that this is very situational because not all early decisions would end up on having a bad result or outcome specially on times where you do secure out your profits and then after that the price had crashed or go down which simply shows that was a good call. You shouldnt really be in a hurry because most of the time being patient do really come up with some good results but although it does vary on random way.
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ReiMomo
Sr. Member
Offline
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
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October 25, 2021, 05:36:31 PM |
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There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end.
I must agree with this. There isn't such a clear thing as hurrying will be bad or good. The way I see it, it all depends on the scenario and sometimes being the first to dump can mean you secured your profits early at the highest possible peak, or that your exit was too early and lost by doing so. It is all a risk. The most important point though, and all I'm trying to convey is that as long as your happy with the action you take then that's alright. Thats how it should be on where you do make out decisions then this isnt something that you would regret even though there are instances which you cant really able to avoid that since we are just humans and we dont like on losing money. Its true that this is very situational because not all early decisions would end up on having a bad result or outcome specially on times where you do secure out your profits and then after that the price had crashed or go down which simply shows that was a good call. You shouldnt really be in a hurry because most of the time being patient do really come up with some good results but although it does vary on random way. Yes, never make a trade when there is a market manipulation. Often we tend to panic when a sudden spike is seen. We either buy more at when the value is to high and realize and feel why we have bought at high price later. So, be patient and calm and never fall into a panic sale. Just watch the market and the news around the coin we have invested.
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| | | . Duelbits | | | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄▄▄ | TRY OUR
NEW UNIQUE GAMES! | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀DICE .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ ███▀▀ ▀▀███ ███ ▄▄▄▄ ▄▄▄▄ ███ ███ ██████ ██████ ███ ███ ▀████▀ ▀████▀ ███ ███ ███ ███ ███ ███ ███ ███ ▄████▄ ▄████▄ ███ ███ ██████ ██████ ███ ███ ▀▀▀▀ ▀▀▀▀ ███ ███▄▄ ▄▄███ ███████████████████████████████ | | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀MINES .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ ████████████████████████▄▀▄████ ██████████████▀▄▄▄▀█████▄▀▄████ ████████████▀ █████▄▀████ █████ ██████████ █████▄▀▀▄██████ ███████▀ ▀████████████ █████▀ ▀██████████ █████ ██████████ ████▌ ▐█████████ █████ ██████████ ██████▄ ▄███████████ ████████▄▄ ▄▄█████████████ ███████████████████████████████ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀PLINKO .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ █████████▀▀▀ ▀▀▀█████████ ██████▀ ▄▄███ ███ ▀██████ █████ ▄▀▀ █████ ████ ▀ ████ ███ ███ ███ ███ ███ ███ ████ ████ █████ █████ ██████▄ ▄██████ █████████▄▄▄ ▄▄▄█████████ ███████████████████████████████ | | 10,000x MULTIPLIER | │ | | | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
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proTECH77
Member
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Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
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October 25, 2021, 08:54:33 PM |
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Potential traders always carry out their information before releasing their coins to the market. Many traders has missed their profit because they never take their time to observe the price very well before supply to the market in an hurry. Since bitcoin price is about to hit $70k in the market, it will be better for trader to exercise patient not to be an hurry to be part of the income that is about to affect many traders positively in the community.
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Benefactor
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October 26, 2021, 09:08:03 AM |
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The market never gives the benefit we need from it first and it is a time sensitive game applied on the exchanging graphs. However, exchanging whatever you can, regardless of how little is very acceptable. Something contrary to the bumps ump technique. Everything's with regards to our attitude of confronting the market. We can't foresee the market suitably that is the reason I concur with all operation has said.
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arbifahrozy
Full Member
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Activity: 896
Merit: 100
$CYBERCASH METAVERSE
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October 26, 2021, 01:30:44 PM |
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A better post indeed is here, to talk about it. So, mostly traders made this mistakes and they are always in hurry for the coins to buy and sell. But it should be better to think before trading and buy and selling. Because the selling and buying limit should be clearly noted before getting into some coins than it would be very better.
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Kulkhan
Jr. Member
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Activity: 938
Merit: 1
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October 26, 2021, 06:10:27 PM |
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Excitement is not good for crypto trading. If any trader were hurry he will lose his fund there has no doubt. For good trading a trader have to clam and quite. Fresh mind and cool attention is most important for trading. Otherwise a trader lose his fund. So never be hurry in trading this word is appropriate.
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Mahanton
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October 26, 2021, 06:45:52 PM |
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This rule can generally be considered one of the main ones. When I started working with a broker from Amarkets, I worked on a demo account for a long time, so that I could work out this skill.
Demo trading arent really a bad thing to start up because on this way also i had familiarized up markets in terms of terminologies and other basic stuffs but it wont really be that enough for you to be successful yet real experience with real market is a must thing thats why i do prefer on real trades than spending your time with demo but if you are still trying to take out some grasp and making out some backtesting of your strategies the these demo trades will really be much recommended or suggested and its true that hurrying up is non sense because this isnt a race.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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noormcs5
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October 26, 2021, 07:04:58 PM |
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This rule can generally be considered one of the main ones. When I started working with a broker from Amarkets, I worked on a demo account for a long time, so that I could work out this skill.
I have tested this in the real market and it is true that we often lose trade when we are in a hurry to buy or sell. When i started trading, i always buy in a hurry because of fear of missing out but later i realized that price always retraces back to support. So even if you do not miss an entry, always wait for the price to move back to the nearest support and place limit orders on support only.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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dunfida
Legendary
Offline
Activity: 3080
Merit: 1131
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October 26, 2021, 10:38:03 PM |
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This rule can generally be considered one of the main ones. When I started working with a broker from Amarkets, I worked on a demo account for a long time, so that I could work out this skill.
I have tested this in the real market and it is true that we often lose trade when we are in a hurry to buy or sell. When i started trading, i always buy in a hurry because of fear of missing out but later i realized that price always retraces back to support. So even if you do not miss an entry, always wait for the price to move back to the nearest support and place limit orders on support only. Most common scenario is that whenever we are on the verge on bursting all of our capital is that we do make out desperate measures which a result of hurrying up yourself on making out decisions because you cant really able to avoid on no to think that you might able to get those losses back if you had done something like this which its a mistake because you had already forgotten on how things should be done.
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chanler
Member
Offline
Activity: 753
Merit: 15
mulierum.com
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October 26, 2021, 11:44:22 PM |
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rushing is not good, especially when it comes to buying or selling the coins we have. It takes good thinking and also the right time to be able to sell or buy coins in order to make a profit. That's why it's important to analyze the crypto market so that we too can follow it well. don't be too greedy to be able to make a quick profit, everything takes time and we must be able to come to terms with it. apply a positive mindset so that we are calmer and remain careful in acting because it is related to our crypto assets.
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blockman
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October 26, 2021, 11:50:13 PM |
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rushing is not good, especially when it comes to buying or selling the coins we have. It takes good thinking and also the right time to be able to sell or buy coins in order to make a profit. That's why it's important to analyze the crypto market so that we too can follow it well. don't be too greedy to be able to make a quick profit, everything takes time and we must be able to come to terms with it. apply a positive mindset so that we are calmer and remain careful in acting because it is related to our crypto assets.
There is no other thing that we do in this market but to buy, hold and sell. Rushing usually goes with those people that have no patience and no strategy that has been planned before investing in. I've done many times to panic sell and it has never been good to me because I regret doing those mistakes in the past. Being positive in the market will make you understand that you have to handle things gently and with patience.
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Rajamuda
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October 27, 2021, 01:51:08 AM |
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Excitement is not good for crypto trading. If any trader were hurry he will lose his fund there has no doubt. For good trading a trader have to clam and quite. Fresh mind and cool attention is most important for trading. Otherwise a trader lose his fund. So never be hurry in trading this word is appropriate.
The feeling of being in a hurry is influenced by emotions that are too high, or like not being able to control the emotions when researching the prices, we know in hurry often results in regrets. Well, someone who is already a professional in trading will not easily decide something in a hurry, just make it a learning material for us.
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MIner1448
Member
Offline
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
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October 27, 2021, 08:18:45 AM |
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You are right, you never need to hurry, because in this matter you need only cold calculation and deep analysis, there is no place for emotions or any prejudices. At first, all newcomers to trading trust their feelings or emotions, but this is a big mistake, because without analysis and calculation, you should not trade or make decisions on transactions.
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PhucS
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October 27, 2021, 01:43:30 PM |
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I think this depends on different cryptocurrencies. For investments that are considered risky, if we do not know how to take advantage of the opportunity quickly, it is likely that the opportunity will not return again, we need to make a decision in a short time. Of course, in trading, we need to plan before we decide, but sometimes making hasty decisions will also bring some benefits.
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geegaw
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October 27, 2021, 02:40:31 PM |
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I think this depends on different cryptocurrencies. For investments that are considered risky, if we do not know how to take advantage of the opportunity quickly, it is likely that the opportunity will not return again, we need to make a decision in a short time. Of course, in trading, we need to plan before we decide, but sometimes making hasty decisions will also bring some benefits.
Well, although we can stand on the forced and risky nature of a project, we can rush and succeed but a few random times can exchange such luck, continuing too much will be a chain of side effects, sometimes we will rush by instinct and habit to most projects and was returned a bad result. Therefore, if we can already categorize projects and mark urgent and non-urgent codes, we should also be clever, take advantage of projects that are considered no rush, thereby exchanging a best result, instead of standing on risk in exchange for success
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andriarto
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October 28, 2021, 04:05:19 AM |
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the strategy you run is really good, because I use it often too, because selling some coins when we have reached the first target can help our psychological balance so that this can keep our minds clear and we can determine a good attitude towards market reactions
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| . SECONDLIVE | | | │ | | | | | | │ | | | ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ S T A K E L I T T L E W I N B I G ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▄▄███████▄▄▄ ▄▄████████████████▄▄ ██████████████████████▄ ████████▀▀▀██████████████ ███████▌ ▀█████████████ ████████▀ ▀▀▄▄██▀▀▀██████████ ███████ ▀████████ ███████▄ ████████ ████████▄▄ ▄████████ ███████████▄▄▄▄██████████ ▀█████████████████████▀ ▀████████████████▀▀ ██████████████████████ |
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Victorycoin
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October 28, 2021, 04:37:34 AM |
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Excitement is not good for crypto trading. If any trader were hurry he will lose his fund there has no doubt. For good trading a trader have to clam and quite. Fresh mind and cool attention is most important for trading. Otherwise a trader lose his fund. So never be hurry in trading this word is appropriate.
Excessive excitement can blind your imagination just like fear but a little excitement will keep you going, inspiring you to choose the right method it can’t be stressed enough that passionate trading is not something that will bring you success. To make a profit through business you need to stay calm and make cool decisions.
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Sihab76
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October 28, 2021, 11:58:04 PM |
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In a trading platform you should not be crowded or hurry because it's a important sector where you should not hurry up. Before trading platform joining , you should be good at trade , market, and coins that you trade. You should learn with demo account In various exchange with little amounts of trades....
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carrigan
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Activity: 728
Merit: 12
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October 29, 2021, 04:02:23 PM |
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That's true because rushing would refer to panic which is actually glamorous. Usually closely related to sticking to patience and being allowed to work/sleep at home. This is something to avoid, as you definitely won't be concentrating too much on this tour. So this really cheers me up. Don't complain easily, don't get angry easily. You can play every day but for tomorrow it's better for other catalogs you can check the available drup.
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passwordnow
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October 29, 2021, 04:44:59 PM |
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Trading is really volatile. There is no guarantee that whether the price will rise or down. If you are in profit then you should sell in hurry. But if you are facing loss then be patience and wait until the value increase again.
I wouldn't tell you to sell in a hurry but take time to realize the profits that you have to take. We all do deserve to take profits but if somebody thinks that the profit isn't enough then he should hold as much as he can. While he's still in the sequence of holding, he'll get to think of it if it's already enough to let the profits go. So sometimes you should wait and sometime you do not need to wait just because you are in profit. There is no guarantee that the price will rise more than this value. So be in hurry if you have even small amount of profit.
I agree with the last part about taking small profits. You'll never know if that small profit you'll be taking is good enough for you already to satisfy yourself because later it might give you a pump. It's the kind of strategy that those conservatives need.
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Raflesia
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October 29, 2021, 05:06:37 PM |
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Trading is really volatile. There is no guarantee that whether the price will rise or down. If you are in profit then you should sell in hurry. But if you are facing loss then be patience and wait until the value increase again.
I wouldn't tell you to sell in a hurry but take time to realize the profits that you have to take. We all do deserve to take profits but if somebody thinks that the profit isn't enough then he should hold as much as he can. While he's still in the sequence of holding, he'll get to think of it if it's already enough to let the profits go. Time is an important thing in trading, I think this needs to be realized whether the profit is enough or is it still not satisfied because everything we apply will certainly have a target that we have but as long as there is a profit it is a good opportunity. In haste it will be a regret and we need a strong analysis to take this because without us realizing it after selling sometimes the coin always goes up and vice versa, as long as it is still holding do it with a predetermined target.
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TheGreatPython
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October 29, 2021, 09:46:34 PM |
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Trading is really volatile. There is no guarantee that whether the price will rise or down. If you are in profit then you should sell in hurry. But if you are facing loss then be patience and wait until the value increase again. So sometimes you should wait and sometime you do not need to wait just because you are in profit. There is no guarantee that the price will rise more than this value. So be in hurry if you have even small amount of profit.
I also love this point because if you have profit, and then you can sell your coins/tokens in hurry we all know about this market how it works any time any news or any wrong call can change things very badly so better take your profit and enjoy for next ride. But in many cases, we need some better strategy because it is also really important for all just follow all your on strategies for better and healthy movement keep one thing in mind never invest which you can't afford to lost keep eye on charts which are useful for your investment and have all updates because crypto is really volatile market, and you can face very bad situation in any movement.
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ScamViruS
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October 29, 2021, 11:55:01 PM |
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This rule can generally be considered one of the main ones. When I started working with a broker from Amarkets, I worked on a demo account for a long time, so that I could work out this skill.
If you make a hurry decision, the opposite is likely to happen. That is not only in the case of crypto trading but also in other cases. The market will stay in its place, if you miss one opportunity you will get another opportunity if you wait patiently. I have seen many traders who do not have time to build skills using demo accounts, as a result of which they make losses and quickly disappear from the market. If you don't spend enough time in the market to understand the market, how can you expect the market to give you a chance to do something good? So the traders who spend enough time in the market and trade with patience get good results from the market.
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breathlessz
Member
Offline
Activity: 770
Merit: 12
Trphy.io
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October 30, 2021, 05:45:57 AM |
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rushing into human nature, which does not want to miss the moment to immediately get a profit, but this kind of thing is actually wrong, because we do not yet have a basic framework for the basis of our transactions. but if we have made a framework, we can wait for the ideal area to buy and place a logical target, and that target we place into several parts, so we can sell it in the first target, and we hold the rest for the next target
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Lordhermes
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October 30, 2021, 08:43:19 AM |
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rushing into human nature, which does not want to miss the moment to immediately get a profit, but this kind of thing is actually wrong, because we do not yet have a basic framework for the basis of our transactions. but if we have made a framework, we can wait for the ideal area to buy and place a logical target, and that target we place into several parts, so we can sell it in the first target, and we hold the rest for the next target
Yes,I agree with you because in my case,any time I tend to rush,trying to make profit immediately,I always end up loosing money,,and it's then I concluded that rushing is never the best. Proper research,observations and reasonable calculations is what is required before putting your money in it. Most losers are people who rushed into trading without having a proper check of what they are going into.
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passwordnow
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October 30, 2021, 07:59:20 PM |
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Trading is really volatile. There is no guarantee that whether the price will rise or down. If you are in profit then you should sell in hurry. But if you are facing loss then be patience and wait until the value increase again.
I wouldn't tell you to sell in a hurry but take time to realize the profits that you have to take. We all do deserve to take profits but if somebody thinks that the profit isn't enough then he should hold as much as he can. While he's still in the sequence of holding, he'll get to think of it if it's already enough to let the profits go. Time is an important thing in trading, I think this needs to be realized whether the profit is enough or is it still not satisfied because everything we apply will certainly have a target that we have but as long as there is a profit it is a good opportunity. In haste it will be a regret and we need a strong analysis to take this because without us realizing it after selling sometimes the coin always goes up and vice versa, as long as it is still holding do it with a predetermined target. Yeah, as long as you're in profit, that should be enough. But we don't have the same satisfaction while we take profits, someone wants to take as much as he can. But, he misses the peak of his profits by being greedy because he might see the market start to go down as he waits for more. It's about timing, yes, it's an important matter for traders.
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Quidat
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October 30, 2021, 09:36:15 PM |
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Trading is really volatile. There is no guarantee that whether the price will rise or down. If you are in profit then you should sell in hurry. But if you are facing loss then be patience and wait until the value increase again.
I wouldn't tell you to sell in a hurry but take time to realize the profits that you have to take. We all do deserve to take profits but if somebody thinks that the profit isn't enough then he should hold as much as he can. While he's still in the sequence of holding, he'll get to think of it if it's already enough to let the profits go. Time is an important thing in trading, I think this needs to be realized whether the profit is enough or is it still not satisfied because everything we apply will certainly have a target that we have but as long as there is a profit it is a good opportunity. In haste it will be a regret and we need a strong analysis to take this because without us realizing it after selling sometimes the coin always goes up and vice versa, as long as it is still holding do it with a predetermined target. Yeah, as long as you're in profit, that should be enough. But we don't have the same satisfaction while we take profits, someone wants to take as much as he can. But, he misses the peak of his profits by being greedy because he might see the market start to go down as he waits for more. It's about timing, yes, it's an important matter for traders. Most of us doesnt really get contented on what we do currently earn and they would seek out for more which would really likely ending up on comitting mistakes which would really result into regrets later on thats why you shouldnt really hurrying up yourself on making big profits on which you do tend to make out some sudden adjustments on your trading position or simply increasing your capital without having some second thoughts on how to handle it out with less risk compared if you do make yourself hasty.
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passwordnow
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October 31, 2021, 06:31:03 PM |
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Yeah, as long as you're in profit, that should be enough. But we don't have the same satisfaction while we take profits, someone wants to take as much as he can. But, he misses the peak of his profits by being greedy because he might see the market start to go down as he waits for more. It's about timing, yes, it's an important matter for traders.
Most of us doesnt really get contented on what we do currently earn and they would seek out for more which would really likely ending up on comitting mistakes which would really result into regrets later on thats why you shouldnt really hurrying up yourself on making big profits on which you do tend to make out some sudden adjustments on your trading position or simply increasing your capital without having some second thoughts on how to handle it out with less risk compared if you do make yourself hasty. It's already on our nerves to think like that but it's very likely that when you're in the profit, you'll be happy selling it. The risk and time that you've taken is a lot and you have to make sure that it's worthwhile so nothing will be put to waste. As you get those profits, I agree that you don't have to be hasty and always take your time so that you're always doing the thing with the right decision and you won't regret it afterwards upon realization.
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blackened515
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November 01, 2021, 02:07:43 PM |
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Been in a hurry can sometimes lead to you losing huge profit. So, Is advisable not to be in a hurry when selling coins. Although, there are opportunities that a trader must take advantage of, because there are coins who are good to sell at it first price target. Why do I said so, because the price can fall, and you will probably regret not selling. Nevertheless, If you have made some pretty profit, you can decide to sell. However, most traders are greedy, they always want more, which might eventually lead to them losing opportunities.
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ReiMomo
Sr. Member
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Activity: 2366
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Duelbits - $100k Bonus/week
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November 01, 2021, 04:28:16 PM |
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Have lost much in trading for just being in a hurry to sell / buy. Experience is indeed needed to eradicate this issue. Everyone will learn this as they move forward. Yes, I too have learnt it and yes, now a days, I never rush up even if the market seems yielding me profits if ever goes up. Invest a little and gain experience by yourself. Only your own experience will teach you more than just getting advice.
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wajik-tempe
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November 01, 2021, 04:39:56 PM |
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Have lost much in trading for just being in a hurry to sell / buy. Experience is indeed needed to eradicate this issue. Everyone will learn this as they move forward. Yes, I too have learnt it and yes, now a days, I never rush up even if the market seems yielding me profits if ever goes up. Invest a little and gain experience by yourself. Only your own experience will teach you more than just getting advice.
Yeah looking at the bullish market made us have too much confident because we almost win in every trade and in each trade, we add more money to trade and at the end ended up loss when the bear markets comes. Every trader must be pass this stage because it's hard to control the emotion when looking at the crypto market. But for people who already have years experience on crypto markets, this could be overcome easily, we already know the market won't be this green every day and ready for bear market.
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checkmatesir
Full Member
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Activity: 584
Merit: 100
$CYBERCASH METAVERSE
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November 01, 2021, 04:46:24 PM |
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Crypto currency in now a days has some big ATH and is increasing the way it was before. So, it has the ability to reach to its destination. Moreover, it is really amazing for the traders. So, always keep patience whether you are selling and buying some coins which you want to trade upon that coin. So, be prepared for every step before trading.
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zaesvlas
Jr. Member
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Activity: 140
Merit: 2
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November 01, 2021, 05:50:51 PM |
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In trading, there is no rush at all. It should be understood that the results of this may not be positive at all.
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Evgenklm
Member
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Activity: 896
Merit: 17
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November 01, 2021, 07:18:14 PM |
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I believe that everyone has their own method, someone likes scalping and turns out well, someone likes futures or just buy a promising coin for the long term, situations are different. And I agree with the author that there is never a need to hurry, you can really hurt yourself.The main thing in this case is nerves of steel and endurance, as well as a cold mind.
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dificanovi
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November 08, 2021, 06:40:40 PM |
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Yes, we should not rush into trading cryptocurrencies. We have to look at the situation and conditions in the crypto market because we can get bigger profits if we act at the right time, for example, the price of ETH increases and then at a point the price of ETH doesn't increase anymore, then at times like this we have to sell some ETH for profit. If we want to buy ETH again then we have to make sure the price of ETH falls further than the last ETH price, then that's the right time to buy ETH.
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nur rochid
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November 09, 2021, 06:42:59 AM |
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Have lost much in trading for just being in a hurry to sell / buy. Experience is indeed needed to eradicate this issue. Everyone will learn this as they move forward. Yes, I too have learnt it and yes, now a days, I never rush up even if the market seems yielding me profits if ever goes up. Invest a little and gain experience by yourself. Only your own experience will teach you more than just getting advice.
Yeah looking at the bullish market made us have too much confident because we almost win in every trade and in each trade, we add more money to trade and at the end ended up loss when the bear markets comes. Every trader must be pass this stage because it's hard to control the emotion when looking at the crypto market. But for people who already have years experience on crypto markets, this could be overcome easily, we already know the market won't be this green every day and ready for bear market. I have also experienced it, when we are too confident and win every trade, then we dare to buy more, so when a crash occurs, we regret to release it, so there is a panic sell and the profit we have collected is lost with regret, therefore Don't be easily satisfied, and always be alert
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Mauser
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November 09, 2021, 07:30:54 AM |
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This is a good reminder for all of us, never trade in a hurry. The market offers us opportunities every day, thinking that we need to react quickly of we will lose is just in our head. There is no need to rush a trade, better to be absolutely sure we are doing the right trade. Even if prices move and we missed out on an opportunity we shouldn't feel bad. That's the beauty of the crypto market, there will always be another chance. Another thing is that crypto currencies like many other assets tend to move in cycles. So if we want to buy a particular coin for a certain price than we just wait for the prices to come back. Acting in a hurry is usually based on emotions rather than critical thinking. When it comes to trading a good strategy is important.
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bakasabo
Legendary
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November 09, 2021, 07:38:52 AM |
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Another great reminder are all those stories when user send several dollar worth transaction and pay tremendous fee. Such situations always occur when a person is in a hurry. Such "rush senders" suffer from disability to cancel transaction. Always remember that and remember that you are one click away from turning from rich to poor. This is the experience no one wants to get it, so learn from others.
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pragna
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November 09, 2021, 08:46:09 AM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
An experienced person in trading can not be hurry in his best trading. Actually sometimes we can not understand the candle of market so that people make hurry to sell or buy tokens. I think some times luck also does not favors for us so that we buy tokens with hurry. But i think we have to cool brain as its related to financial subject.
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Hobo66
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November 13, 2021, 06:30:35 PM |
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If someone wants to begin trading, i believe the he should have a clear purpose and a strong desire to make money. Trading can be done in a variety of steps and procedure if you do not follow those processes you would not be able to make money. Rushing and anxiousness will not get you there to become successful. If you like to get effectible results you must have persistence and tolerance
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Theones
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November 13, 2021, 06:46:52 PM |
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If someone wants to begin trading, i believe the he should have a clear purpose and a strong desire to make money. Trading can be done in a variety of steps and procedure if you do not follow those processes you would not be able to make money. Rushing and anxiousness will not get you there to become successful. If you like to get effectible results you must have persistence and tolerance
Yes thats very much correct. You must have clear cut goal before you join the crypto trading. Those who think crypto is shortcut of becoming rich in very few days usually do such mistakes of panic selling. One more thing is that crypto trading isn't as simple as its looks like from outside. You need to be well equipped with patience and tolerance to get success here.
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Quidat
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November 13, 2021, 09:43:59 PM |
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If someone wants to begin trading, i believe the he should have a clear purpose and a strong desire to make money. Trading can be done in a variety of steps and procedure if you do not follow those processes you would not be able to make money. Rushing and anxiousness will not get you there to become successful. If you like to get effectible results you must have persistence and tolerance
Yes thats very much correct. You must have clear cut goal before you join the crypto trading. Those who think crypto is shortcut of becoming rich in very few days usually do such mistakes of panic selling. One more thing is that crypto trading isn't as simple as its looks like from outside. You need to be well equipped with patience and tolerance to get success here. Usual mindset when you are a noob is to hurry up and making some profits but people would realize things up when they do experience out on how hard to predict the market when it comes on making out some position whether you do intent to buy or you do intend to sell. You would be finding out the reality once you do make out some engagement on this market and find out that its never been a simple thing for you to deal with.
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Anguwa
Member
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Activity: 714
Merit: 30
★Bitvest.io★ Play Plinko or Invest!
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November 13, 2021, 10:06:14 PM |
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Indeed this is a perfect advice, but sometimes is good to sell in a hurry. If someone is in profit and really want to claim that profit, he/she will like to sell to claim that profit.
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Fakhrulenclix
Sr. Member
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Merit: 330
★Bitvest.io★ Play Plinko or Invest!
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November 16, 2021, 07:33:04 PM |
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You said not to rush when trading, I was more concerned with the initial target when entering a trade. in trading I have a profit target, if it is achieved I often sell or close trades at once. I prefer trading management with the target technique, so I won't think I want more profit if the target has been achieved. since we cannot predict the market with certainty, this is a precaution so as not to regret it in the end.
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Oilacris
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November 16, 2021, 09:51:02 PM |
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You said not to rush when trading, I was more concerned with the initial target when entering a trade. in trading I have a profit target, if it is achieved I often sell or close trades at once. I prefer trading management with the target technique, so I won't think I want more profit if the target has been achieved. since we cannot predict the market with certainty, this is a precaution so as not to regret it in the end.
Usually when you are just new then you initial target cant really be determined first because you do really mind automatically on big numbers which is really a very common behavior for a newbie to have thats why it would be more wise if you do mind on how to make out some profitable trades despite of the amount that you had able to get. Never rush because it is really a bad idea to have that kind of mindset which would cause for some mistakes that you would commit.
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Lordhermes
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November 17, 2021, 03:47:41 AM |
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Trading is not really a thing to rush,it is something that one needs to take time,sit down and think,and probably make a decision that he will not regret after making. In trading,one needs to access the advantages and disadvantages. One needs to study the risk involved in trading,because if these things are not carefully examined before setting for it,it will cause one pain when losses comes.
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Golftech
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November 17, 2021, 12:16:00 PM |
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Trading is not really a thing to rush,it is something that one needs to take time,sit down and think,and probably make a decision that he will not regret after making. In trading,one needs to access the advantages and disadvantages. One needs to study the risk involved in trading,because if these things are not carefully examined before setting for it,it will cause one pain when losses comes.
Not at all, it's something that you need to learn and afterwards needs to keep enhancing your knowledge. trading can provide a good source for your financial needs, you should work more with your knowledge and never to think that this business is a game where rushing is very important. Take time and keep doing your DYOR. There's always a good space for your investment if you know what you are doing around.
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CapGelatik
Full Member
Offline
Activity: 1064
Merit: 100
Combo Network
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November 17, 2021, 05:28:17 PM |
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yup, don't be in a hurry to sell your assets, because if you sell them at a low price you will regret it, because my experience is always like that, I sell MANA, I sell Doge, and I also sell CKB when the price is cheap, and now the third This coin has experienced a drastic increase, of course this will make me learn more about the fundamentals
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milewilda
Legendary
Offline
Activity: 3108
Merit: 1127
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November 17, 2021, 09:16:01 PM |
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Trading is not really a thing to rush,it is something that one needs to take time,sit down and think,and probably make a decision that he will not regret after making. In trading,one needs to access the advantages and disadvantages. One needs to study the risk involved in trading,because if these things are not carefully examined before setting for it,it will cause one pain when losses comes.
It isnt really a race for something that you do rush up which you would rather needing to make yourself sustainable instead on targeting on making profits in short term because you know that this isnt something that could be predicted from time to time or does have that kind of pattern which doesnt really exist at all.Never be on a hurry because this isnt a race but rather a marathon or being the longest one to sustain and survive this market. The longer you do able to survive this market the better trader you do become.
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jossiel
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November 17, 2021, 09:43:50 PM |
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yup, don't be in a hurry to sell your assets, because if you sell them at a low price you will regret it, because my experience is always like that, I sell MANA, I sell Doge, and I also sell CKB when the price is cheap, and now the third This coin has experienced a drastic increase, of course this will make me learn more about the fundamentals
It's always like that. If you ever sell, you'll get to see that coin goes up so you don't have to regret upon selling it. Do not be in a hurry if you're about to sell. Always take your time and decide if it's worth it to sell it anyway despite you know that it might increase anytime.
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nurilham
Sr. Member
Offline
Activity: 1442
Merit: 436
duelbits.com
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November 17, 2021, 11:05:19 PM |
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trading requires calm and good analysis so that we can determine when is the right time to sell and buy coins. rushing will only make our minds uneasy and chaotic because we can't think clearly in it. based on my experience, I've been in a position where I started trading and suffered losses due to being too hasty and panicking, I think that's normal in the beginning because it's a purely human emotion. but over time we must be able to avoid this hasty behavior if we want to get the profit as expected.
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| | | . Duelbits | | | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄▄▄ | TRY OUR
NEW UNIQUE GAMES! | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀DICE .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ ███▀▀ ▀▀███ ███ ▄▄▄▄ ▄▄▄▄ ███ ███ ██████ ██████ ███ ███ ▀████▀ ▀████▀ ███ ███ ███ ███ ███ ███ ███ ███ ▄████▄ ▄████▄ ███ ███ ██████ ██████ ███ ███ ▀▀▀▀ ▀▀▀▀ ███ ███▄▄ ▄▄███ ███████████████████████████████ | | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀MINES .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ ████████████████████████▄▀▄████ ██████████████▀▄▄▄▀█████▄▀▄████ ████████████▀ █████▄▀████ █████ ██████████ █████▄▀▀▄██████ ███████▀ ▀████████████ █████▀ ▀██████████ █████ ██████████ ████▌ ▐█████████ █████ ██████████ ██████▄ ▄███████████ ████████▄▄ ▄▄█████████████ ███████████████████████████████ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀PLINKO .▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | | ███████████████████████████████ █████████▀▀▀ ▀▀▀█████████ ██████▀ ▄▄███ ███ ▀██████ █████ ▄▀▀ █████ ████ ▀ ████ ███ ███ ███ ███ ███ ███ ████ ████ █████ █████ ██████▄ ▄██████ █████████▄▄▄ ▄▄▄█████████ ███████████████████████████████ | | 10,000x MULTIPLIER | │ | | | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
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Lordhermes
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November 19, 2021, 04:25:07 AM |
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trading requires calm and good analysis so that we can determine when is the right time to sell and buy coins. rushing will only make our minds uneasy and chaotic because we can't think clearly in it. based on my experience, I've been in a position where I started trading and suffered losses due to being too hasty and panicking, I think that's normal in the beginning because it's a purely human emotion. but over time we must be able to avoid this hasty behavior if we want to get the profit as expected.
Exactly,this is what happen to most trader who experience lose in trading,being hasty and making quick decision without proper research and consultation before trading. In other to do well,or get the best,one must ensure he or she does not rush,or make hasty decision,he must be able to read and access the outcome of his investment. A trader must be able to make proper research,and ask questions before he starts taking any possible risk.
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martina14
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November 19, 2021, 05:31:53 AM |
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Never be in a hurry in terms of getting earnings, instead of this, the individuals must feed themselves knowledge and study first of course. Because if they intend to earn here quickly, they surely quickly possible can loss their assets for sure in the end. Unless you are knowledgeable here in the cryptocurrency, perhaps even your in hurry for sure you can able to earn here quickly, in my own assessment.
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syedakhlaque
Member
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Activity: 396
Merit: 30
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November 19, 2021, 11:15:14 AM |
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It is true that selling purchasing or trading is a task that should be done in a cool, calm, and peaceful mind. Not only in crypto but in all kinds of business you will have to show patience and cool temperament in decision making. Sometimes The condition is very crucial and it is hard to take a step or make a decision. In this situation, the right decision at the right time will make you successful. So you will be successful in Bitcoin trade or business if you will work with a cool & peaceful mind.
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Golftech
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November 21, 2021, 05:56:17 PM |
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yup, don't be in a hurry to sell your assets, because if you sell them at a low price you will regret it, because my experience is always like that, I sell MANA, I sell Doge, and I also sell CKB when the price is cheap, and now the third This coin has experienced a drastic increase, of course this will make me learn more about the fundamentals
It's always like that. If you ever sell, you'll get to see that coin goes up so you don't have to regret upon selling it. Do not be in a hurry if you're about to sell. Always take your time and decide if it's worth it to sell it anyway despite you know that it might increase anytime. Move forward instead. If you regret, you will lose your focus. Dealing with this kind of investment. need to have a positive attitude. Learn from your mistake if you think that you failed to anticipate then try to make a better position in your next trade. It's never-ending journey and what's good for now is not always good on the next following attempts, you need to keep in mind that there are also
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Hobo66
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December 02, 2021, 05:12:29 PM |
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There is no need and no reason to trade in a hurry, in my opinion. Actually, in order to profit and make money, you must take a required action as well as follow the necessary steps. Those that are greedy and wish to profit from this circumstance will lose all of their money. So keep your cool and buy and sell when the time comes.
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Dragonfund
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December 02, 2021, 05:26:22 PM |
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Rushing is a natural thing in human, it doesn't just happened in cryptocurrency alone, it happens in real life and that's why in some situations, you will see humans want to overtake each other in life, even in academic society it happens a lots.
Not missing out happen in stock but not much discuss because they don't have that similarities in volatility when compare to crypto, this is why sometimes you will 20% that one need to wait to get in a week if not month or so. On the contrary, there is not point in discussing rushing when you do your assignment about a coin, buy when you know that you are ready to hop in.
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ReiMomo
Sr. Member
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Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
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December 02, 2021, 05:41:24 PM |
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Yes everyone should have gone through such incident when they initially pitched into trading. Yes that leads to losses and I am one of the looser in the beginning and still if I repeat the same. Yes panic sales and buys are not going to really help to gain profits in trading. Just be calm and watch out the market moment and act accordingly. Just patiently wait for it to either sell or buy. Analyze the market and be updated with news.
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LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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December 04, 2021, 05:38:31 AM |
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By my own experience, starting in trading I bought a currency that was relatively cheap, then after a short time I saw that it started to fall and it was going by 3%, - 4%, -5% then in view that it was in loss I decided to sell and exit in losses, assuming my mistake and writing down all my analysis, and after 4 hours, the price rebounded and reached almost 30%, from that moment I learned that we cannot rush into the market or try to think that we force the market or worse Even if we take revenge on the market, I think those are the mistakes that many make in trading, not having the respective patience.
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Bhig Daddy
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April 30, 2022, 11:17:09 AM |
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Not just in crypto but in life entirely it never too good to be in a hurry, but also sometimes it good so what matters most is to know when to invest, because a second could help your investment and make you earn much better. So know when to invest than rushing to to invest instead.
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kamilah147
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May 01, 2022, 05:11:00 PM |
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Some of the technicalities of returning trading capital may vary. Some close trades at once, some just take profit and let the money work for us as the next trade and there are also as you said, namely there are stages in the return of capital and take profit. Not rushing in trading is also one of trading management, we have made a strategy with market analysis so that it gives birth to a trading management. Avoiding hasty in trading means being consistent in trade management. Because trading skills are very important, in order to be able to cope with all market fluctuations that may be beyond analysis.
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Jocuserious
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May 01, 2022, 05:34:00 PM |
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In fact the unknown information of crypto market is when to pump a token and when to dump a token. So hunger should be suppressed by selling at the right time. Most of the time short term investment is not very profitable but to get the signal of mid term investment you have to be a smart trader. I think only smart traders are risk free.
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Franctoshi
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May 01, 2022, 07:25:51 PM |
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Looking at the generally points you've made, I somewhat agree with you reason is being in a hurry has both advantage and disadvantage.
Advantage: a.] it will save you from possible incurable loses as a result of being in a hurry. b.] It will help you take wise decision on trades in regards to buy or sell opportunities. Or during investment.
Disadvantage: a ] You might loose on the process and it can lead you to making unnecessary mistakes. b.]You can miss out good buying opportunities in the market if you're not hurry with the way some trades go.[Momentum] Because sometimes some trades never come back at the point of take off For instance imagine missing out buying BTC at the point when it took off around 20k and never come back.
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Desmong
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May 01, 2022, 10:59:19 PM |
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Trading is not really a thing to rush,it is something that one needs to take time,sit down and think,and probably make a decision that he will not regret after making. In trading,one needs to access the advantages and disadvantages. One needs to study the risk involved in trading,because if these things are not carefully examined before setting for it,it will cause one pain when losses comes.
The market is not running so there is not good reason why we should be in a hurry. Even though the market has left us without we observing, we need to be patient for price to come to where we want it before we can ride it to the level we want. I have rush so many trades and end up losing it or backing out at the early stage because of over consciousness of the market.
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blackened515
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May 02, 2022, 04:24:17 PM |
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It expects on the coin though. Because, sometimes, it really worth been in hurry. Although, is generally not good to hurry went either buying or selling in Crypto. What is required from a trader is been smart enough to buy and sell at the right time. However, fear is what contributes mainly to traders hurriedly closing trade. Therefore, we should try as much as possible to be in the right state of mind, and not panic when it comes to investing or trading in Crypto.
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topman21
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May 04, 2022, 10:31:51 PM |
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You should never rush into a trading platform. Whenever a trading platform starts rushing you do something.Analysis should be done keeping a cool head and using common sense on the trading platform at all times.I lost a lot of money on the trading platform of life in a hurry. So from my real experience, none of you should trade in a hurry. If you can't do a good analysis, wait.
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Cryptoababe
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Do it For Better Humanity
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May 05, 2022, 07:06:02 AM |
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Patience is everything in trading being too hurry or too sure can leads to disaster truly. I see good tips in your post. One needs to be calm to be a successful trader
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Zanab247
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May 05, 2022, 02:36:17 PM |
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Always carry out your personal research before trading which will really help you to avoid losses from the market. Many traders experienced losses early last year when the price of bitcoin was $45,000 at the moment, and majority of long term traders started releasing their coins for sale hoping the price will not reach$50,000 before it will drop down, the moment they hurry to sell their coins the price continue increasing until it got to $52,0000 before it started decreasing from the market. I think many traders has learned from other traders mistakes never to be in a hurry to sell than to view the market price very well before trading in the market.
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Quidat
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May 05, 2022, 03:30:53 PM |
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Always carry out your personal research before trading which will really help you to avoid losses from the market. Many traders experienced losses early last year when the price of bitcoin was $45,000 at the moment, and majority of long term traders started releasing their coins for sale hoping the price will not reach$50,000 before it will drop down, the moment they hurry to sell their coins the price continue increasing until it got to $52,0000 before it started decreasing from the market. I think many traders has learned from other traders mistakes never to be in a hurry to sell than to view the market price very well before trading in the market.
You cant avoid losses 100% but with due experience and knowledge then you could really lessen out those odds and this is a must thing if you do really make yourself to be a good trader on which you shouldnt really be hurrying up yourself on learning everything.Everything would normally goes and come in speaking with realizations and self learning out of real experience.Dont hurry up yourself on making profits or be too impulsive when it comes to your decisions because this is where mostly mistakes do came from.
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Kimonoe
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May 05, 2022, 03:38:20 PM |
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You should never rush into a trading platform. Whenever a trading platform starts rushing you do something.Analysis should be done keeping a cool head and using common sense on the trading platform at all times.I lost a lot of money on the trading platform of life in a hurry. So from my real experience, none of you should trade in a hurry. If you can't do a good analysis, wait.
What I experienced when there was a rally or fomo, I really wanted to immediately take part to buy, for fear of not getting the moment. and the continuation after making a profit I did not immediately leave the market because I wanted more profit. without a definite basis for analysis, I am stuck in a fomo situation and this is very detrimental, even though I repeatedly remind myself, it seems that it takes time to process
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Smitty Werben Man Jensen
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COMBONetwork
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May 05, 2022, 06:20:50 PM |
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one thing that is very difficult to apply is patience, in crypto currency it is very risky and we are required to HODL if you want to get more profit, but remember there are two cycles in the crypto world, the first is a bullish season and the second is a bearish season, if you apply patience in bearish season, then your patience will be in vain, but if you apply your patience in bullish season, then you will win
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DanWalker
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May 05, 2022, 10:22:41 PM |
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It expects on the coin though. Because, sometimes, it really worth been in hurry. Although, is generally not good to hurry went either buying or selling in Crypto. What is required from a trader is been smart enough to buy and sell at the right time. However, fear is what contributes mainly to traders hurriedly closing trade. Therefore, we should try as much as possible to be in the right state of mind, and not panic when it comes to investing or trading in Crypto.
No matter how good a coin is, if you can't buy it at a good price it won't be able to make a profit for you. Always stay awake in all cases to make the right decision, do not rush to trade without any calculations. Investment is necessary to have a strategy, specific goals, carefully researched before trading, otherwise they will not only bring profits but also make us lose a lot. Crypto is a volatile market so if you miss one then wait for another, don't rush.
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kapalmabur
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May 05, 2022, 10:57:06 PM |
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It expects on the coin though. Because, sometimes, it really worth been in hurry. Although, is generally not good to hurry went either buying or selling in Crypto. What is required from a trader is been smart enough to buy and sell at the right time. However, fear is what contributes mainly to traders hurriedly closing trade. Therefore, we should try as much as possible to be in the right state of mind, and not panic when it comes to investing or trading in Crypto.
No matter how good a coin is, if you can't buy it at a good price it won't be able to make a profit for you. Always stay awake in all cases to make the right decision, do not rush to trade without any calculations. Investment is necessary to have a strategy, specific goals, carefully researched before trading, otherwise they will not only bring profits but also make us lose a lot. Crypto is a volatile market so if you miss one then wait for another, don't rush. Of course before starting to trade we must first understand what we have to do and besides that we have to consider many things too, trading is not only about buying and selling coins and I think you can say it is very complex, What is clear is that it must be considered in order to make the right decision
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kawetsriyanto
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May 05, 2022, 11:12:14 PM |
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Of course before starting to trade we must first understand what we have to do and besides that we have to consider many things too,
As far as I know, each trader/investor has their own target to sell a crypto coin. So, they must already plan to sell the coin at a certain price. If the price of the coin meets the target, simply sell all the coins. Don't be greedy to earn bigger profits, don't too expect a higher price from good news. I ever tried to keep my coin because of good news, then I regret it since it is a trap made by the whales. So, just focus on your target, that's all!!
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AjithBtc
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Vave.com - Crypto Casino
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May 05, 2022, 11:25:41 PM |
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Of course before starting to trade we must first understand what we have to do and besides that we have to consider many things too,
As far as I know, each trader/investor has their own target to sell a crypto coin. So, they must already plan to sell the coin at a certain price. If the price of the coin meets the target, simply sell all the coins. Don't be greedy to earn bigger profits, don't too expect a higher price from good news. I ever tried to keep my coin because of good news, then I regret it since it is a trap made by the whales. So, just focus on your target, that's all!! The same applies with the buying. It is very rare to see people going for a buy of specific coin all of the sudden. In most of the cases people invest after watching the market for a long. So, same as the selling target we should have the buying target. This will let you buy at the expected price. Here we should have understanding about the market and should quote a price that gets executed within specific time limit if you're into trading, if the investment is for long term holding then just quote and leave it for the execution of buy order.
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ven7net
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May 08, 2022, 03:16:19 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
You are absolutely right, one of the important rules in testing is not to rush. Many beginners ignore the main rules of investing and lose all their funds very quickly. They just want to quickly get the maximum profit, but as practice shows, this strategy is deceptive and does not bring anything good. If you are a beginner and would like to start investing in cryptocurrencies and be successful, then you need a strategy, but it must include deliberate actions, for example, do not invest everything in one asset, carefully study the asset of your choice and then only invest. I can also add from personal experience that one of the important factors is the task of getting the first profit, albeit not a big one, this motivates and gives confidence that you are doing everything right.
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jootn2kx
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May 08, 2022, 04:02:26 PM |
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"Never be in a hurry" which basically equates to avoiding being caught in the FOMO is both the most basic and the most valuable advice that a newbie trader can get. But, as it always happens, it’s easier said than done. It’s super hard to resist betting big on crypto that’s pumping right before your eyes. That’s the thing about trading - it looks calm and somewhat boring from the outside, but on the inside, it’s an emotional rollercoaster, especially when it comes to crypto. But on the other hand, constantly restraining yourself results in lost opportunities. In my opinion, it always narrows down not so much to patience but to risk and money management, the factors that also were mentioned in the original post.
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Markinzo
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May 10, 2022, 08:31:01 AM |
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The patience is actually required in trading but sometimes been in a hurry to trade out your coin in certain conditions does really pays off, especially when there's a pump in the market price when compared to the price at which you bought the coin.
In such situation if one decides to exercise some patience thinking the market price will getting much higher and better in a little time than it currently is, but within the moments of waiting in patience for higher market price so before you sell, and the price now drop drastically (which is very possible), then you end up wondering why you refused to grab the opportunity of that moment.
To me personally, Cryptocurrency is just an opportunity based trading and this opportunity comes in vary ways for different folks.
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Desscount
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ComboLabs
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May 10, 2022, 09:08:57 AM |
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Of course before starting to trade we must first understand what we have to do and besides that we have to consider many things too,
As far as I know, each trader/investor has their own target to sell a crypto coin. So, they must already plan to sell the coin at a certain price. If the price of the coin meets the target, simply sell all the coins. Don't be greedy to earn bigger profits, don't too expect a higher price from good news. I ever tried to keep my coin because of good news, then I regret it since it is a trap made by the whales. So, just focus on your target, that's all!! It should be that every trader must have their own target and of course they usually determine the target before starting to trade, greed will indeed lead us to loss and ultimately regret, so it's true what you said when it reached the target than we wanted it's better to decide to sell it
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youdacapt
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May 10, 2022, 04:15:11 PM |
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I see many people mention Fomo or fud. The reality is that it is not just fomo or fud that lets so many traders be in an hurry. If you are trading profits for upkeep, trading crypto currency with borrowed funds; or trading with capital that is your only source of cash flow; you will always be in a hurry.
Please traders, make sure that you have a good alternative source of cash flow before trading crypto currency
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BobK71
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May 10, 2022, 06:15:24 PM |
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Hurry in cryptocurrency is never acceptable. If you want to sell crypto you can do it fast. But in my opinion it is better to take some time to buy and sell anything in crypto currency. Just recheck before sending or buying anything. If it takes some times no problem but never make anything in a hurry.
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martyns
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May 10, 2022, 07:01:32 PM |
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I see many people mention Fomo or fud. The reality is that it is not just fomo or fud that lets so many traders be in an hurry. If you are trading profits for upkeep, trading crypto currency with borrowed funds; or trading with capital that is your only source of cash flow; you will always be in a hurry.
Please traders, make sure that you have a good alternative source of cash flow before trading crypto currency
Trading crypto involved a lot of risks. Cryptocurrency required patience. Before trading Crypto, you need to set your mindset that it's entirely about patience. I have seen most cases where traders sell their coin, coins that they bought high and sell low due to their impatience. Although the market might threaten you to sell your coins when you see your coins dipping, its breaks down someone emotionally but you should learn to be strong when dealing with Cryptocurrency. As they always say, Crypto is not for the weak, rather only the strong survive in the space.
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milewilda
Legendary
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May 10, 2022, 08:54:47 PM |
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I see many people mention Fomo or fud. The reality is that it is not just fomo or fud that lets so many traders be in an hurry. If you are trading profits for upkeep, trading crypto currency with borrowed funds; or trading with capital that is your only source of cash flow; you will always be in a hurry.
Please traders, make sure that you have a good alternative source of cash flow before trading crypto currency
Trading crypto involved a lot of risks. Cryptocurrency required patience. Before trading Crypto, you need to set your mindset that it's entirely about patience. I have seen most cases where traders sell their coin, coins that they bought high and sell low due to their impatience. Although the market might threaten you to sell your coins when you see your coins dipping, its breaks down someone emotionally but you should learn to be strong when dealing with Cryptocurrency. As they always say, Crypto is not for the weak, rather only the strong survive in the space. Patience is a main factor on which someone should really have because if you do make yourself always in a hurry or making out decisions without having consideration or doesnt have that much waiting time and immediately make out decisions on point then losing chance is really high, im not saying its bad to make immediate actions considering that price is way too volatile but always base with your own analysis and other stuffs before making further step.You cant just dive in and get out without having preparations but if you do see that its an effective way for you then go ahead.
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horrifiedx1
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May 10, 2022, 09:02:47 PM |
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I see many people mention Fomo or fud. The reality is that it is not just fomo or fud that lets so many traders be in an hurry. If you are trading profits for upkeep, trading crypto currency with borrowed funds; or trading with capital that is your only source of cash flow; you will always be in a hurry.
Please traders, make sure that you have a good alternative source of cash flow before trading crypto currency
Trading crypto involved a lot of risks. Cryptocurrency required patience. Before trading Crypto, you need to set your mindset that it's entirely about patience. I have seen most cases where traders sell their coin, coins that they bought high and sell low due to their impatience. Although the market might threaten you to sell your coins when you see your coins dipping, its breaks down someone emotionally but you should learn to be strong when dealing with Cryptocurrency. As they always say, Crypto is not for the weak, rather only the strong survive in the space. rushing in all areas is not good. especially in trading, we must have the patience to wait so that when we enter the market it is really effective in getting the price. This hasty action is human if we do it, but we must have control over it, because this will harm us when deciding to enter the market or determine targets.
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Zilon
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May 11, 2022, 06:18:22 AM |
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Buying in a hurry can be a bad trading strategy but when it comes to selling sometimes it's best to sell in a hurry especially if you have made a very high ROI it will give you a better time to reevaluate you strategy and research to know if the coin is worth buying more or pulling out from the project completely. sometimes holding on to a good profit might instill greed that could wipe off an entire profit
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Sebas.tian
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May 11, 2022, 11:27:15 AM |
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Buying in a hurry can be a bad trading strategy but when it comes to selling sometimes it's best to sell in a hurry especially if you have made a very high ROI it will give you a better time to reevaluate you strategy and research to know if the coin is worth buying more or pulling out from the project completely. sometimes holding on to a good profit might instill greed that could wipe off an entire profit
Exactly, those that hurry to purchased bitcon when the price was $40,000 few months ago are seriously regretting for the current price in the market. I think, many people has learned from other people mistakes never to be in hurry to purchase coins from the market than to exercise patience for the price to reduce more before they can buy and hold for the price to increase higher before they can sell to make a passive income. Apply hurry sometimes to sell in the market is favourable when you are active with your personal research.
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Pandu Geddon
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May 11, 2022, 12:50:00 PM |
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Buying in a hurry can be a bad trading strategy but when it comes to selling sometimes it's best to sell in a hurry especially if you have made a very high ROI it will give you a better time to reevaluate you strategy and research to know if the coin is worth buying more or pulling out from the project completely. sometimes holding on to a good profit might instill greed that could wipe off an entire profit
Exactly, those that hurry to purchased bitcon when the price was $40,000 few months ago are seriously regretting for the current price in the market. I think, many people has learned from other people mistakes never to be in hurry to purchase coins from the market than to exercise patience for the price to reduce more before they can buy and hold for the price to increase higher before they can sell to make a passive income. Apply hurry sometimes to sell in the market is favourable when you are active with your personal research. I'm sure a hasty attitude or maybe panic buying in crypto trading is common to anyone. especially for those who have not mastered market analysis techniques. but after making such a mistake, I'm sure it will provide valuable experience and knowledge for traders in making plans in the future. it's not easy but it can be learned and done by anyone. It all depends on the will of the trader himself.
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sklopan
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May 11, 2022, 01:49:53 PM |
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Unfortunately, the rush really often negates any efforts of the trader. You need to be prepared for the fact that all trader's decisions are clear and balanced.
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GelatikKembar
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May 11, 2022, 01:55:56 PM |
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Humans are the place of nature, especially regarding that behavior, of course it will be difficult to eliminate, the nature of hurry is a trait that is very difficult to control, just like greed, both traits must be learned by means of one's own experience in dealing with it.
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Clever5Flower
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May 11, 2022, 02:48:30 PM |
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Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell, you can sell as quickly as you can. But I agree about selling in batches, that will do the trick if you are hesitant to sell all that you've got. That can help you to minimize your potential missed profits if ever the market goes up and if the market goes down, you'll just have to hold it and wait until it goes up again.
Setting limit orders can be profitable because it's done with cold calculation and no rush, just a pre-thought-out plan, right?
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milewilda
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May 11, 2022, 07:22:54 PM |
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Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell, you can sell as quickly as you can. But I agree about selling in batches, that will do the trick if you are hesitant to sell all that you've got. That can help you to minimize your potential missed profits if ever the market goes up and if the market goes down, you'll just have to hold it and wait until it goes up again.
Setting limit orders can be profitable because it's done with cold calculation and no rush, just a pre-thought-out plan, right? If you do really love that hands-free or doesnt really need to stare out on your monitor all day the setting limit orders would be the key which it would really be taking action once it do hits up on your desired price of a certain coin which you wont really be stressing out yourself on checking the market condition every now and then. When dealing with trading decisions then its just really that understandable that you shouldnt really put yourself in a hurry because having this thing would really just be resulting into more mistakes.
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Fivestar4everMVP
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May 11, 2022, 07:26:41 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
this is a good advice for every trader out there, this is not just for newbies alone but also for professionals, I personal am a victim to this, each time I find a good coin to invest in, am always in a hurry to buy in, most especially when the price is rising, I've gotten burnt a couple of times due to this, and seeing this post now made me remember those times, I hurriedly went all-in into a coin on an exchange because the price was rising, 30 minutes later, I realized I could have bought it way cheaper if only I waited a bit, this means the pump was fake. So sincerely, hurrying to buy or sell off an investment truly is a bad way to trade most especially good coins.
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Munir575
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May 11, 2022, 08:13:09 PM |
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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.
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lalabotax
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May 11, 2022, 09:59:12 PM |
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Buying in a hurry can be a bad trading strategy but when it comes to selling sometimes it's best to sell in a hurry especially if you have made a very high ROI it will give you a better time to reevaluate you strategy and research to know if the coin is worth buying more or pulling out from the project completely. sometimes holding on to a good profit might instill greed that could wipe off an entire profit
If we buy a token or coin in hurry, moreover because of hype and also because of FOMO created by media or forum or community, the chance of losing money may be higher. Because we may not have enough time to analyze the coin or the token first deeply. We only follow other people to buy the coin immediately without thinking about other important things and elemnts. This may happen in many newbies and also we sometims. And if the price of the coins are dropped, they will commonly blame each other, and like blaming also the exchange, community, infleuncers, and other parties that support the coins.
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NicNacCoin
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May 11, 2022, 11:56:19 PM |
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I have made a lot of losses in my life by rushing on the trading platform. Whenever I saw the market go down a bit I bought something and traded futures and later the market became more dumping. I have lost.I ate liquidation yesterday trading 839$ futures just in a hurry That's why I say if you want to trade in the market, never rush, but take a little time and analyze well and then start trading.
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LUCKMCFLY
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May 15, 2022, 06:39:42 PM |
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It expects on the coin though. Because, sometimes, it really worth been in hurry. Although, is generally not good to hurry went either buying or selling in Crypto. What is required from a trader is been smart enough to buy and sell at the right time. However, fear is what contributes mainly to traders hurriedly closing trade. Therefore, we should try as much as possible to be in the right state of mind, and not panic when it comes to investing or trading in Crypto.
No matter how good a coin is, if you can't buy it at a good price it won't be able to make a profit for you. Always stay awake in all cases to make the right decision, do not rush to trade without any calculations. Investment is necessary to have a strategy, specific goals, carefully researched before trading, otherwise they will not only bring profits but also make us lose a lot. Crypto is a volatile market so if you miss one then wait for another, don't rush. Of course before starting to trade we must first understand what we have to do and besides that we have to consider many things too, trading is not only about buying and selling coins and I think you can say it is very complex, What is clear is that it must be considered in order to make the right decision When I started to operate I had the mistake of taking courses that I saw on YouTube, from one youtuber and another, what I did was learn all kinds of tools and indicators that what I did was have a thought of only technical analysis, without understanding the stages of market, then my biggest mistake was buying when I was in the distribution stage and selling in the accumulation stage, so they were conceptual errors, but I never saw them, because technically I was correct, this type of scenario is the one that blinds to many who do technical analysis because when you do it that way you lose a lot.
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Crypto Library
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May 15, 2022, 08:22:55 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Yes , I agree with your words. Because its happened to me that when I buy coin in a hurry. I never saw the face of profit when I select token in hurry. I think this trading is totally dependent on emotions, so that we didn't analysis good or bad proper and in the end you have to face losses.
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milewilda
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May 15, 2022, 08:27:36 PM |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
Yes , I agree with your words. Because its happened to me that when I buy coin in a hurry. I never saw the face of profit when I select token in hurry. I think this trading is totally dependent on emotions, so that we didn't analysis good or bad proper and in the end you have to face losses. Not totally depend on emotions but it is one of the most major factor that could really affect in regards into your trading decisions thats why you should really know on how to control on your emotions because if you dont then you would really be finding out hardship on every decisions made or something you do really directly make out actions without considering for some analysis just because your emotions do really push you on doing so and when you do tend to make it back or do something better then its already too late.
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lalabotax
Full Member
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Activity: 1526
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BK8 - Most Trusted Gambling Platform
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May 15, 2022, 09:46:08 PM |
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Buying in a hurry can be a bad trading strategy but when it comes to selling sometimes it's best to sell in a hurry especially if you have made a very high ROI it will give you a better time to reevaluate you strategy and research to know if the coin is worth buying more or pulling out from the project completely. sometimes holding on to a good profit might instill greed that could wipe off an entire profit
Yes, hurrying to buy is a very bad decision. Many people get losses because of buying in hurry, they buy when the coin is in the hype. Sadly, the hype is over after successfully buying the coin. To be honest, I myself ever did this mistake and I won't do the same way in buying a crypto coin. About hurrying to sell, it is okay if we think it already meets our target. Especially, if the coin price hits a new ATH, it is better to sell immediately because the price may drop again after it reaches a new ATH. Mostly the price of a crypto coin will drop quite significantly after it hits a new ATH, so it will be a bad decision to keep holding. As you said above, we may miss the chance to get good profits if we are greedy to continue holding.
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MiF
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May 18, 2022, 07:11:29 AM |
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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.
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jrrsparkles
Sr. Member
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Activity: 2394
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Eloncoin.org - Mars, here we come!
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May 19, 2022, 09:31:35 AM |
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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.
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| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Japinat
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May 19, 2022, 09:33:56 AM |
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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.
Timing is everything, you don't need to be in a hurry if you don't carefully plan that, or part of your plan. Thing is, if you let your emotion decide, that's where you will face a lot of problem and it's not good for trading, you will just regret in the end. We make mistakes( That's given), but we always learn from our mistakes. People usually in a hurry when there's FUD or FOMO.
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Hamphser
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May 19, 2022, 03:04:55 PM |
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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.
Timing is everything, you don't need to be in a hurry if you don't carefully plan that, or part of your plan. Thing is, if you let your emotion decide, that's where you will face a lot of problem and it's not good for trading, you will just regret in the end. We make mistakes( That's given), but we always learn from our mistakes. People usually in a hurry when there's FUD or FOMO. Everything is really needing some timing but we know on how unpredictable the market is which is really hard to speculate on where prices could actually go on next minute,hour,days or weeks. If you do really make yourself in a hurry then this would be highly really be making out some mistakes since you are really look after for profits so badly.The best thing you should do is to analyze out on things which you should gonna do, lots of trials and errors would be done until you do make yourself to be that sustainable.
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| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
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fauzan Ichsan
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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May 20, 2022, 06:20:16 AM |
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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
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Dr.Osh
Legendary
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Sugars.zone | DatingFi - Earn for Posting
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May 20, 2022, 09:51:17 AM |
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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.
Timing is everything, you don't need to be in a hurry if you don't carefully plan that, or part of your plan. Thing is, if you let your emotion decide, that's where you will face a lot of problem and it's not good for trading, you will just regret in the end. We make mistakes( That's given), but we always learn from our mistakes. People usually in a hurry when there's FUD or FOMO. well, another reason why we shouldn't hurry is because it will lead us to make the wrong decisions. this once happened when i held ethereum. too many FUDs everywhere, made my decision in a hurry, so I missed the very high price of ethereum. I even sold ethereum for less than the current price when I was in a rush. however, before making a decision, think carefully, and take it at the right time. however, the current conditions made many people rush. however, I even sold some of my assets for some fud before the price rebounded. besides, people make a profit with a calm mind and maturity in decision.
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jaberwock
Legendary
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Activity: 2548
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May 20, 2022, 04:46:05 PM |
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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
Copper Member
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Activity: 99
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Instant & Cross Chain Crypto Swaps
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May 20, 2022, 04:47:33 PM |
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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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Exchange bitcoin and over 850+ digital currencies instantly an cross chain. Buy, Sell and Swap crypto on https://BitSwapNow.com . No Sign- Up required and instant swaps in as little as a few minutes!
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monineklutak
Sr. Member
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Activity: 1890
Merit: 252
The OGz Club
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May 20, 2022, 05:53:52 PM |
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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 |
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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.
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sklopan
Jr. Member
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Activity: 98
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May 20, 2022, 06:39:38 PM |
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In fact, haste really hurts the trader a lot. I have verified this more than once.
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BITCOIN4X
Legendary
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Activity: 1974
Merit: 1151
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May 20, 2022, 06:50:58 PM |
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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 |
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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.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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