Don't trade using instinct - page 7.

SacriFries11

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Quote from: RizqalArifa on August 15, 2021, 11:38:37 AM

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you.

After reading the title, I laughed. I remember the younger me on my early days in crypto. I am under experienced, after I read few articles and few topics in trading discussion section, I already build my confidence. So I think that was only half a year or less, I enter trading using the crypto I earned from signature campaign. I bought coins but it was no good coin. I realized that I am just guessing and using my instinct given by my confidence. I gained nothing and lose it. After that I pity myself and realized it is not that easy to learn.

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Quote from: RizqalArifa on August 15, 2021, 11:38:37 AM

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you.

If you have a positive experience of trading or investing in your coin, then why don't you continue to trade or invest in the same coin, I have tried many coins, but I constantly return to those coins where everything worked out for me and there is a positive trend in price growth, or profit on the spot market. I advise you to continue on the same coin where you earned your assets.

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Quote from: maydna on October 08, 2021, 09:40:27 AM

Quote from: budlo on October 08, 2021, 04:50:30 AM

I completely agree that we should not trade only on our instinct. I now prefer not to trade so much because there are other opportunities in the market to earn capital for myself and moreover it is safer than trading.

Still, instinct will always try to seduce us to enter the market, even if we are not ready, because we will hear the sound to take action. We can't deny it, but we can prevent instinct from interfering with our analysis before we know the time to enter the market. You should trading after you make an analysis and determine when you can buy or sell.

therefore training psychology to stick to the rules of analysis that we have made is very important. it seems that everyone has the same problem, which is impatient waiting for the price to enter the buying area, and also impatient to close the market before entering our target area, this is a problem that must be overcome, otherwise it will become like a disease

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Quote from: budlo on October 08, 2021, 04:50:30 AM

I completely agree that we should not trade only on our instinct. I now prefer not to trade so much because there are other opportunities in the market to earn capital for myself and moreover it is safer than trading.

Still, instinct will always try to seduce us to enter the market, even if we are not ready, because we will hear the sound to take action. We can't deny it, but we can prevent instinct from interfering with our analysis before we know the time to enter the market. You should trading after you make an analysis and determine when you can buy or sell.

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if we look recently BNB has a lot of potential, and if for the long term it is better to invest in coins that cost less than 1$ such as TEL, AOA, doge, because currently the movement of these coins is quite good,, and of course if even more sure keep up with the news about the crypto world..

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Quote from: harizen on October 07, 2021, 06:19:04 PM

Quote from: lalabotax on October 07, 2021, 05:50:06 PM

We know that trading is really not easy. And if we are only trading by instinct, it is very very risky.

We can't blame those who are trading against instinct if, in most cases, they are winning. Let's be honest here as sometimes, as an experience crypto-enthusiast lurking in crypto-world, we are also ending up trading in instincts especially if we are holding a coin that experiencing an over x100 without any explanation or resource we can rely on the web.

Of course, as long as we know what we are doing, it's totally fine to be like that. But in the case of a total newbie, it's common to see them trading against instinct but should not be a habit.

For me, there's nothing wrong if we trade using our instinct as long as we also do our research too. Because we all know, even how long the time we used in studying, knowing the market is highly volatile so there are still unexpected crash in the market that will eventually take place. But there are really those coins who are born with great potentials like bitcoin and ethereum so even if we just invest in them directly without even gaining research, we know already that it will always give us good profits especially if we hold them for long term.

However, there's always an edge if we DYOR first before taking such actions.

budlo

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I completely agree that we should not trade only on our instinct. I now prefer not to trade so much because there are other opportunities in the market to earn capital for myself and moreover it is safer than trading.

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Quote from: lalabotax on October 07, 2021, 05:50:06 PM

We know that trading is really not easy. And if we are only trading by instinct, it is very very risky.

We can't blame those who are trading against instinct if, in most cases, they are winning. Let's be honest here as sometimes, as an experience crypto-enthusiast lurking in crypto-world, we are also ending up trading in instincts especially if we are holding a coin that experiencing an over x100 without any explanation or resource we can rely on the web.

Of course, as long as we know what we are doing, it's totally fine to be like that. But in the case of a total newbie, it's common to see them trading against instinct but should not be a habit.

Shasha80

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Quote from: lalabotax on October 07, 2021, 05:50:06 PM

If we want to trade, it means that we must trade under awareness. Awareness, in this case, means many things:
- Awareness on what kind of our emotions to trade
- What will we put into trading
- Our money management
and many more including the strategy and technique better for trading.
We know that trading is really not easy. And if we are only trading by instinct, it is very very risky.

Trading is something we can learn, so there is no need to trade on instinct, it will only make us lose money. You have explained well how
the preparations we should do before starting trading. Because after all trading is not an easy thing to do, there are many things we must learn first,
in order to make a profit from trading. This means that sometimes it takes a long process to become a successful trader, because of the wrong
thinking if we think we can get rich instantly from trading.

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If we want to trade, it means that we must trade under awareness. Awareness, in this case, means many things:
- Awareness on what kind of our emotions to trade
- What will we put into trading
- Our money management
and many more including the strategy and technique better for trading.
We know that trading is really not easy. And if we are only trading by instinct, it is very very risky.

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Quote from: Anonymous100 on October 07, 2021, 02:02:07 PM

Quote from: RizqalArifa on August 15, 2021, 11:38:37 AM

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you.

I can't say for sure because coin prices fluctuate a lot. But I think the ADA coin has good potential going forward. Maybe the price will reach 5 dollars in a short time. I took the opportunity to invest in the ADA coin, because so many wasted investment opportunities at this time.

Instead of missing train, investing in small amounts sounds better. ADA and other potentially good altcoins have the future, using the instinct and investing in the top 50 CMC coins will not fail, IMHO. Almost everyone keeps investing in the BTC or ETH but the reward per risk ratio is a bit lower compared to small marketcap altcoins. Top altcoins are safe for big capital and I never invest in small marketcap altcoin like how I did with top ones. Having a different capital size will let you choose which category of R;R you are looking for.

Anonymous100

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Quote from: RizqalArifa on August 15, 2021, 11:38:37 AM

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you.

I can't say for sure because coin prices fluctuate a lot. But I think the ADA coin has good potential going forward. Maybe the price will reach 5 dollars in a short time. I took the opportunity to invest in the ADA coin, because so many wasted investment opportunities at this time.

Ararbermas

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Quote from: ?? on ??

The most important here is not to put all your money to once coin because if the coin crash you will lose your money unlike with different coins some coins goes up and some goes down. I don't recommend AXS as it is an NFT game I do suggest Polygon, Matic, Tron, Monero as this coins were really good projects unlike NFT coins that doesn't have much use.

yep that's a good idea, but for me it's not a good decision to put all your egg in one basket as long as you know it will gonna pump more especially when it comes long term. Actually that's why most traders here or around the internet always suggest to learn how to make technical analysis so that you can avoid some weak coins in the market. By the way those coin you've mentioned above seems old coins why not these coins SOL, NEAR, ATOM, ADA, ALGO, because they are making good performance as well along with top coins in the market., must check if you're looking for good coin..

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Quote from: sirminesalot on October 06, 2021, 09:04:49 PM

Quote from: ?? on ??

The most important here is not to put all your money to once coin because if the coin crash you will lose your money unlike with different coins some coins goes up and some goes down. I don't recommend AXS as it is an NFT game I do suggest Polygon, Matic, Tron, Monero as this coins were really good projects unlike NFT coins that doesn't have much use.

In crypto everything that in hype is worth to invest because the demand will be high and the price will be increasing quickly. NFT is on the hype this year, AXS has 30x times price growth in 3 months, this means NFT projects are worth to invest but remember don't put too much on hype projects. If we can invest correctly in hype projects we could make much money from it, and also keep holding a long term good coins such as ETH for the long run profits

This guy get it. Most people don't know but you actually use instinct a lot of time in your life when making decisions, some come out good, some come out bad. It was the same for trading as well. For example this conversation between two guys I quoted. One thought NFT gaming is not good and against it while the other thinks it was trending and should ride on the hype. Both use instinct to predict the market's future.

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Quote from: ?? on ??

If you will enter into trading always remember that you should be equip on the right formula such as knowing Fundamental and technical analysis of trading to earn and gain and not just using instinct because most crypto-enthusiasts that uses instinct loses significant amount of funding.

There is no strategy in instinct, because instinct is an instinct that is uncertain and inaccurate in general, so applying instinct will only make everyone lose their money and lose the time they have spent trading.

using instinct in investing like doing gambling. we won't know if it's true or not, because it's most likely due to luck.
I believe in the case of 100 people who use instinct in investing or trading, maybe 3:100 lucky.
I think there is no reason not to analyze before making a trading or investment plan. there are many tools that I think we can learn to improve our skills in doing market analysis.

gooders

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And all these overheated, indicators, glasses, waves - don't bother yourself. Shorts - very neat. Remember, they are waiting for you at home.
Well, no one knows exactly where the trend will go .. Did you think she shouldn't buy up the straits in vain?

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Quote from: RizqalArifa on August 15, 2021, 11:38:37 AM

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you.

What is the connection of the title from the story? because you lose lot of asset from your own wrong decision?

i am investing using instinct some time and yes the outcome turns good also , though nowadays i stopped short term trading instead I am focusing in holding.

Instinct sometimes are possible but of course sometime is mistake , depend on how you will deal with it and how you know the market.

sirminesalot

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Quote from: ?? on ??

The most important here is not to put all your money to once coin because if the coin crash you will lose your money unlike with different coins some coins goes up and some goes down. I don't recommend AXS as it is an NFT game I do suggest Polygon, Matic, Tron, Monero as this coins were really good projects unlike NFT coins that doesn't have much use.

In crypto everything that in hype is worth to invest because the demand will be high and the price will be increasing quickly. NFT is on the hype this year, AXS has 30x times price growth in 3 months, this means NFT projects are worth to invest but remember don't put too much on hype projects. If we can invest correctly in hype projects we could make much money from it, and also keep holding a long term good coins such as ETH for the long run profits

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Quote from: ?? on ??

The most important here is not to put all your money to once coin because if the coin crash you will lose your money unlike with different coins some coins goes up and some goes down. I don't recommend AXS as it is an NFT game I do suggest Polygon, Matic, Tron, Monero as this coins were really good projects unlike NFT coins that doesn't have much use.

Your recommendations are good but they all also often experience a decline when Bitcoin falls, so putting all the money in these coins is also risky even though the level of loss has decreased slightly.

Topic: Don't trade using instinct - page 7. (Read 1208 times)