Buying coins Gut feeling is right or analysis

kahc

member

Activity: 350

Merit: 13

Quote from: samy_voc on December 18, 2017, 05:29:31 PM

I started getting to know about the crypto coins in from May onward. Those time price of Bitcoin was 2500 and I was debating .

My gut feeling was to go for it. But my pessimistic approach made me stay away.

I learnt a lesson that in crypto world it is more of Gut instincts than analysis and facts.Help me out of what you think about.

Go with your gut if you are buying pump and dump shit-coins for short-term profit.
Otherwise always use a technical approach. Maths, facts and news.

Mi5h0

sr. member

Activity: 560

Merit: 273

Quote from: samy_voc on December 18, 2017, 05:29:31 PM

I started getting to know about the crypto coins in from May onward. Those time price of Bitcoin was 2500 and I was debating .

My gut feeling was to go for it. But my pessimistic approach made me stay away.

I learnt a lesson that in crypto world it is more of Gut instincts than analysis and facts.Help me out of what you think about.

If you were a professional crypto trader, it would be quite easy for you to determine the best time to enter the market. But if not, it's crucial to investigate and read as much information as possible and and go through all the important aspects, positive and negative, before making an investment decision.

Gut feeling, or intuition, is developed over a period of time and is largely shaped by your past experiences, knowledge and professional encounters. It is not something you just "have". Going with our gut, however, implies uncertainty and does not guarantee a good outcome.

samy_voc

full member

Activity: 154

Merit: 100

I started getting to know about the crypto coins in from May onward. Those time price of Bitcoin was 2500 and I was debating .

My gut feeling was to go for it. But my pessimistic approach made me stay away.

I learnt a lesson that in crypto world it is more of Gut instincts than analysis and facts.Help me out of what you think about.

Topic: Buying coins Gut feeling is right or analysis (Read 103 times)