Never Be in a hurry

[sana54210]

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.

[Noctis Connor]

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.

[Bustart]

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.

[Ziskinberg]

~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.

[SirLancelot]

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.

[carelessboy]

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.

[jostorres]

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.

[michellee]

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.

[AicecreaME]

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.

[sniveel]

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.

[akar87]

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.

[matchi2011]

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.

[LUCKMCFLY]

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.

[tygeade]

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.

[MUHAMMAD NUR AMANAH]

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

[Swopon]

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.

[Ziskinberg]

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.

[imstillthebest]

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 .

[Maslate]

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).

[shushu9977]

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.