Never Be in a hurry

[geegaw]

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.

[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.

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.

[Hamphser]

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.

[adzino]

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.

[gatti]

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.

[darewaller]

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.

[Kasabus]

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.

[jaberwock]

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.

[Kittygalore]

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.

[repear7]

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.

[btc_angela]

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.

[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 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.

[stomachgrowls]

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.

[sayaya17]

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.

[Rexler]

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.

[Ryker1]

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.

[djmixen]

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.

[el kaka22]

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.

[matchi2011]

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.

[gaston castano]

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.