Never Be in a hurry

[topman21]

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]

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

[Zanab247]

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.

[Quidat]

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.

[Kimonoe]

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

[Smitty Werben Man Jensen]

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

[DanWalker]

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.

[kapalmabur]

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

[kawetsriyanto]

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!!

[AjithBtc]

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.

[ven7net]

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.

[jootn2kx]

"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.

[Markinzo]

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.

[Desscount]

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

[youdacapt]

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

[BobK71]

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.

[martyns]

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.

[milewilda]

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.

[horrifiedx1]

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.

[Zilon]

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