Have you had money on a coin that went to the moon?
What coins are you referring to? Almost all of the coins right now are going to the moon. Please pick the top 1-5 coins and hold it long term if you really want to get to the moon.
I invest in some coins but none have gone to the moon yet. Any advice? I sometimes feel like I buy after the coin has already gone up :/
Again, you forgot to mentioned what coins you invested, but I'm sure that you have made profits already because most of the top coins are already increasing by the folds at the moment.
I invest in some coins but none have gone to the moon yet. Any advice? I sometimes feel like I buy after the coin has already gone up :/
my advice is to stop being greedy and if you invest in altcoins that go up and you already make some profit, then be satisfied with that profit.
if you continue being greedy and want a huge profit, like a 500% profit then it leads to irrational decisions such as holding an altcoin even after it gave you enough profit and eventually losing the chance to sell and take that profit because it is going to get dumped.
practically you will be giving up a 30% profit for example for the "hope" that it goes up to 100% but instead it falls and you lose not only that 30% profit but also part of your initial investment too.
Exactly, as much as emotions are the worst enemy of trader, I think being greedy should be considered as well. A well balance attack should include at least a good financial returns, no need to look and target like x500 or more. For me a x100 returns is already good. And as you explained, you will end up losing more if you became greedy because you can't stop and exit at the right moment. And when the coins crash, most likely instead of getting x100 returns, you will get less than than and regret sets in.
