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Author Topic: Never Be in a hurry  (Read 2221 times)
passwordnow
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October 30, 2021, 07:59:20 PM
 #221

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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October 30, 2021, 09:36:15 PM
 #222

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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October 31, 2021, 06:31:03 PM
 #223

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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November 01, 2021, 02:07:43 PM
 #224

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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November 01, 2021, 04:28:16 PM
 #225

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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November 01, 2021, 04:39:56 PM
 #226

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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November 01, 2021, 04:46:24 PM
 #227

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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November 01, 2021, 05:50:51 PM
 #228

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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November 01, 2021, 07:18:14 PM
 #229

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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November 08, 2021, 06:40:40 PM
 #230

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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November 09, 2021, 06:42:59 AM
 #231

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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November 09, 2021, 07:30:54 AM
 #232

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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November 09, 2021, 07:38:52 AM
 #233

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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November 09, 2021, 08:46:09 AM
 #234

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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November 13, 2021, 06:30:35 PM
 #235

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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November 13, 2021, 06:46:52 PM
 #236

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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November 13, 2021, 09:43:59 PM
 #237

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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November 13, 2021, 10:06:14 PM
 #238

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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November 16, 2021, 07:33:04 PM
 #239

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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November 16, 2021, 09:51:02 PM
 #240

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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