Ararbermas
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Activity: 2044
Merit: 283
DGbet.fun - Crypto Sportsbook
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March 14, 2022, 02:05:56 PM |
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Like the image above, it's happens to me almost all the time and I don't know if any one here can relate? At times, it's really frustrating and I feel like "maybe some witches are out there preventing me from making profit off my investment" 😂. So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us. it means you don't have patience and you don't have good strategy how to ride the market whether it's going up or down and of course if its good to hold for long or not. If i were you study the market very carefully to prevent doing mistakes and to don't miss all the opportunity. And taking some screenshot will be the good idea IMO. So that you can learn why such situation always happened.
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Lanatsa
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March 14, 2022, 05:59:29 PM |
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Like the image above, it's happens to me almost all the time and I don't know if any one here can relate? At times, it's really frustrating and I feel like "maybe some witches are out there preventing me from making profit off my investment" 😂.
So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.
You arent the only ones who do experience this stuff and for sure most investors/traders does have this kind of problem which is really very frustrating if you do ask me. Prices tends to drop when you do buy and increase when after sell which you would really be leaving some questions on mind on whats wrong with your decisions or blaming out the market entirely. This is where you do really make out some more in depth research once you do realize that you arent doing that good in terms of market price reading but it inevitable honestly since this market is unpredictable in the first place.
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el kaka22
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Activity: 3696
Merit: 1166
www.Crypto.Games: Multiple coins, multiple games
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March 14, 2022, 06:06:27 PM |
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This happened to me several times after 2017.I got lucky for HODLing and selling my BTC at the peak of the December 2017 ATH.The years after 2017 were more like panic selling(several times)and/or selling BTC every time I needed cash(but the BTC price started pumping right after I sold some Bitcoins ). I simply stopped caring about the price.I just HODL and sell my coins,only if I am in urgent need of cash. You have to ask yourself about what is your main motivation of selling?Is it fear of an upcoming price crash? Do you think that the price was at the peak of a price bubble? Many traders are like me and you.We just fail at timing the market. Holding is such a magical thing is that when you have the money for it, all you do is just keep holding and suddenly you have the money for it as well. I mean it doesn't mean that you have to get rich, sometimes we do not, but the reality is that we go through some of the lowest lows and highest highs when we are holding. When we sell at the peak price, we are called "lucky" but the reality is that we waited for that to happen, that is what hodl is all about. I hope that it will get better but I can't guarantee any period when it will be over ATH again, but it will not be lucky when I sell my bitcoins at 100k, it will be my strategy.
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Reid
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March 14, 2022, 06:13:10 PM |
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It's normal. You are not alone to that kind of phenomenon. When you feel like you have to buy but then market dumps more. Then vice versa on the selling side. You have to live with it. It's a mistake or an error that will just add up to your experience. The sooner you realize it the better for things will go smoothly when it becomes a part of you. But don't be assured that once you experience it then it won't happen again. It's like a curse that keep on getting back whatever potion you used to take it off.
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TelolettOm
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March 14, 2022, 06:21:12 PM |
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In fact, some if the tokens have this kind of price journey. Very high price in the first and then it will be droping and droping. I agree with some members said here, this may be very fut to the shitcoin graphics. And if this is about the old coins moreover with some high rank positions, it is better if we are waitinf for the price clearer because it is acyually very normal. Moreover there are also pump and dump market manipulation that not everybosy knows how the coins or tokens will be continuing or not like this
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ItsCrafty
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Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
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March 14, 2022, 06:29:07 PM |
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Like the image above, it's happens to me almost all the time and I don't know if any one here can relate? At times, it's really frustrating and I feel like "maybe some witches are out there preventing me from making profit off my investment" 😂. So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us. You always choose wrong coin at a wrong time. Most of people buy a coin which already pumped 200%+ and in top gainer list. Si obviously it will go down with the small correction in bitcoin. People sell coin at bottom and as a result small rise in bitcoin push these coins to 50% almost. Choose top coin, hold for almost 2 year amd look what happen.
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Fatunad
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March 14, 2022, 06:59:24 PM |
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You always choose wrong coin at a wrong time. Most of people buy a coin which already pumped 200%+ and in top gainer list. Si obviously it will go down with the small correction in bitcoin. People sell coin at bottom and as a result small rise in bitcoin push these coins to 50% almost. Choose top coin, hold for almost 2 year amd look what happen.
Thats why we do have technical indicators but it isnt really that 100% precise for you to rely on but its better rather than have nothing at all.When people do able to buy on peak then expect that after that buy-in would really be having those normal corrections which you would really be thinking that you are doing wrong which is actually true because if you have considered on buying on the bottom then you do likely to gain up instead because of recovery but well everything is unpredictable which is really hard to guess.
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Hypnosis00
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March 14, 2022, 10:57:02 PM |
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I always going to remember this scenario, not just only happens twice or thrice but very often. Sometimes I think negatively that trading is not meant for me but somehow, I realized that this is the meaning of market volatility. Just a sort of market coincidence and if we take down ourselves and then think we are unlucky, that seems it losses our confidence and the more chances that we got that situation all the time.
The situation can't really be denied but yeah, we have to believe the market and even think positively despite everything.
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sheenshane
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Activity: 2492
Merit: 1232
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March 14, 2022, 10:58:41 PM |
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You're not alone, many of us here experienced this kind of scenario like this. But this isn't the attitude of the Bitcoin movement, most likely the same pattern as the image you have shown was in altcoins, or let's say a hype coin that has a huge gain in the market. You should always have DYOR or analysis before tempting to purchase any cryptos because they are highly volatile which means it always fluctuates the price. IMO, just be happy if you've been profited upon selling your coin and never regret it.
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sayaya17
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March 14, 2022, 11:31:30 PM |
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You always choose wrong coin at a wrong time. Most of people buy a coin which already pumped 200%+ and in top gainer list. Si obviously it will go down with the small correction in bitcoin. People sell coin at bottom and as a result small rise in bitcoin push these coins to 50% almost. Choose top coin, hold for almost 2 year amd look what happen.
You are absolutely right, most people who fail to make a profit are because they choose the wrong coins to buy. Then it could also use the wrong strategy or even lack of patience could also be the cause. When I first started trading crypto, I also had a hard time being able to make a profit, like trading wasn't for me. Because of what happened to the OP, I've had it a few times. But after I studied the crypto world well, I started to understand how to make a profit from trading crypto. It turns out that the key is that we must first make sure the coins we buy are really potential, then we can buy at the right time and finally have to be patient if the market is experiencing a decline. If we do it right, it's not that hard to make a profit from trading crypto.
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GreatArkansas
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Activity: 2492
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March 15, 2022, 12:19:39 AM |
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This is one of the many mistakes of people, especially that telling that doing trading is easy money. And most of new in trading also misunderstood this, at the start they thought trading is just simple buying and selling, but they don't know how tough it is just like what on the picture.
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CapGelatik
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Activity: 1064
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Combo Network
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March 15, 2022, 04:32:47 AM |
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This is one of the many mistakes of people, especially that telling that doing trading is easy money. And most of new in trading also misunderstood this, at the start they thought trading is just simple buying and selling, but they don't know how tough it is just like what on the picture.
I don't know what is the reason many people think that trading is easy because of the fact that trading is very complicated besides that the risk is also big, so when we don't have any preparation then dare to start trading I think it's the same as suicide, Trading is very complex and we can't just theorize without doing direct practice
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bussybuddy
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PredX - AI-Powered Prediction Market
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March 15, 2022, 04:51:38 AM |
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On the other hand, I see it quite similar to the fact that we are like gamblers making bets, and the market is the house that controls this game. And according to the rules of gambling, the house will always WIN, not sure if the problem we have is the same, but I see that when the news is chaotic, it makes us lose focus and easily control the market's behavior.
I think you should spend time relaxing during the period when you feel difficult instead of trying to find direction. Comfort is the way to get the right mindset. I hope you will get satisfaction with every decision.
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worle1bm
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March 15, 2022, 06:35:32 AM |
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The market is uncertain and we can't always expect the prices to go up whenever we invest in it and it requires what type of coins you have invested in like shitcoins are pump and dump scheme so avoid them.For btc the prices are moving up and down in a restricted zone from a long time but after few months we could easily see the barriers breaking towards $50k but the thing is can you hold it for that time? This is not get rich fast scheme so you have to wait and make efficient moves to make profits.
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wildan88
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Merit: 1046
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March 15, 2022, 07:55:06 AM |
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So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.
The funny thing about it is that all of us have experienced this one at some point even though you are an experienced trader or a beginner. It indicates that the market is really volatile and we should expect unnecessary things to happen. I think it happens to me more than I predicted the market accurately it is also nice to see other traders who experienced this one.
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maydna
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March 15, 2022, 11:37:41 AM |
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I just want to say that I have also experienced something like that many times. Maybe I sold too fast, so I haven't been able to make a big profit from the rising price of the coin, like what happened to Dogecoin a few months ago. I've set a high price (in my opinion), but apparently, the price keeps going up, and that makes me a little sad. Because if I leave a small amount to hold, there's a chance I can still sell it at the peak price.
But that's in the past, and I don't think much about it because I still believe I can profit on the other coins.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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March 15, 2022, 01:06:26 PM |
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Seems like hodl is always the best option, if you take the chart lessons But don't take them as they're not true. If everyone hodls, then nobody uses then Bitcoin has no utility. That's my perspective too whenever I read or hear people scream hodl, hodl. It's not a bad idea to hodl, sincerely. Don't just criminalize it so to say, when people don't hodl. We all can't be hodlers the same way we can't all be selling or buying at the same time. There is always a balance. We're in a heterogeneous world and opinions should differ. No one should see others who differ from them as abnormal or unintelligent. To be frank, what gives Bitcoin its value is the activities of buyers and sellers; not that of hodlers. Value of any commodity or assets or services aren't know until the owner/hodler decides to sell. Yeah exactly, and all those people laughing at the pizza guy, who have zero idea of how things were back then and have no appreciation for the fact that if guys like him didn't spend and just hodled, then we would hardly be where we are today with Bitcoin worth almost $40000. I see it so often, people using BTC to buy and pay for stuff ridiculed by others like "stupid guy didn't hodl". We should not only be thanking them but reminding ourselves to also use BTC whenever we can.
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Flexystar
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March 15, 2022, 01:40:23 PM |
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Yes dear this is the way it works all the time. Lolz. But remember that when you are hodling and waiting beyond that extreme point then you will surely gain huge amount of profits out of it. Don’t forget this is more or less psychological effect on us. The x% drop might seem to be huge one due to the fact that we have our investment in it. The proportionate drop always seems crazy high. But for the fun part, this is always situation with me also. May be our investments are being bought by those who are selling heavily. But let’s not forget we also sell when someone is buying and for them this graph applies too.
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carlfebz2
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March 15, 2022, 05:34:58 PM |
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Yes dear this is the way it works all the time. Lolz. But remember that when you are hodling and waiting beyond that extreme point then you will surely gain huge amount of profits out of it. Don’t forget this is more or less psychological effect on us. The x% drop might seem to be huge one due to the fact that we have our investment in it. The proportionate drop always seems crazy high. But for the fun part, this is always situation with me also. May be our investments are being bought by those who are selling heavily. But let’s not forget we also sell when someone is buying and for them this graph applies too. Not all the times holding will really be having on that kind of result in terms of level of profitability and we couldnt really able to deny that shorter terms of trading could really give out most profits which is faster and more bigger than on holding on assets or coins but it would vary on what you've been holding and how much of it you had been acquiring or accumulating.Due to unpredictability of the market then these common scenarios or situations is so common thats why dont get surprised when you do able to have experience this opposite direction kind of behavior.
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xSkylarx
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March 15, 2022, 05:53:06 PM |
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This is amusing, but it is also accurate. If I recall correctly, I previously referred to this as "you are wagering your life." I only realized after a month that I was not trading, that I was gambling in trading because that is what really happens, that I was not following strategy, that I was not following rules, that I was only following my emotions and guts to open this trade. If we are talking about gambling, every time your gut tells you to sell, don't do it, just do the opposite and buy instead haha that is gambling in trading, but if we are talking about real trading, there are a lot of steps that must be completed before a trade can be entered and closed. First and foremost, improve your strategy and learn more.
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