Never Be in a hurry

[btc-facebook]

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]

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.

[batang_bitcoin]

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.

[Imran232]

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.

[jack05]

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.

[Question123]

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.

[Kez1817]

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.

[RealMalatesta]

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.

[pawanjain]

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.

[matchi2011]

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.

[perfect999]

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.

[Lanatsa]

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.

[ScamViruS]

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.

[tbterryboy]

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.

[DarkDays]

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. 

[LUCKMCFLY]

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.

[death69]

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

[ChuckBuck]

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 

[conected]

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

[death69]

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