It's ok if your profits are less | Bitcointalksearch.org

TitanGEL

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Quote from: perfect999 on August 15, 2020, 02:48:44 PM

Quote from: isaac_clarke22 on July 28, 2020, 11:56:01 AM

Quote from: Yatsan on July 26, 2020, 10:18:33 AM

~

I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent. Grin

As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.

Lol

I understand the feeling, but did you even learn trading before you started? It can be the problem.
I did the same thing as a newbie, I didn’t learn much about it, and opened account and read a little article that summarizes everything and I thought I was perfect already, and after several attempts and trying to make profit it was just ending up as a failure ha-ha.

I later stopped trading and looked for another means of income and was making out time to learn trading. It’s like a part-time engagement for me now

.

The thing is we should be grateful and be happy even though are profit is not big especially if you are beginner because you are just starting out and then you able to make profit even though it is small. It is okay to have small gains than losses, I regretted my past decisions because of my greed where I only taking profit if it is big. Before I do not care if my profit is small and I only giving care when it is big. I changed that perspective by becoming grateful to what I have, I already have discipline and I always following my plan so even though I win only small profits, I still happy and grateful for it.

DeadCoin

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Quote from: pawanjain on July 08, 2020, 02:34:56 AM

I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

Usually , it is also good to learn to wait for the right price increase, at the moment it is a pity to lose what you work hard for, however, all the things missing while breathing you can only be restored, but in practical reason you can return to the first step if you can't think straight.for me if there is no emergency it is better to hold on waiting for the expected target .

Xxmodded

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Eidoo become good coin last two years where many signature bounty campaign get much reward, I think you look not lucky why have to hold coin for long term, right now we can't trust with developer because after they reach profit they will sell coin without care to buy back and burn coin supply or try for listing with bigger exchange market. Better sell coin after worth price and take other coin to get profit without hold for long term and get many risk some time when coin delist from exchange market or developer run away and make their coin dump. You can learn how many good coin first time listing and have higher price because later become shit coin with lower price after not get responsibility from the owner with not buy back and sell their coin with higher amount.

Smartvirus

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To be sincere, I would feel a little tingle to see evidents of profits should I have delayed in taking a trade. Though, this shouldn't be, at least you made profit instead of a lose. Most traders don't think that way when they make just an average or a percent of the actual daily, weekly or monthly profit, you feel cheated! That's greed setting in and it's one of the dangerous emotions you should check out as a trader. It can lead you to getting a lot of unexpected losses. It's the truth. You tend to loose by not being contented as you fail to realize when you should get out of a trade.
The fact is, you can't win everytime. There would be some loses so, hence you don't make the maximum profit, you ought to know that tomorrow is another day. Instead of making much in one day, it's better to gather a little in a day, week or month and it really thus add up. Traders has to learn to know when there is a win and how to be satisfied with that win.

royalfestus

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The time of taking profit in the market may also matter. Buying in the present market might give a different return from buying in the dip bear and the parabolic bull. One cant always take from the peak of every coin pump cause we cant always determine it. We might need to be contended with certain profit, so it is always advised to spread your investment in the space and decide a reasonable price of exit irrespective of the height of the pump expect the coin will be for long term

goldade

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Quote from: pawanjain on July 08, 2020, 02:34:56 AM

I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

This is an awesome piece. This is absolutely something every newbie trader should see. Crypto trading isn't a get rich scheme and a little profit a day eventually adds up to something big.
It is true you could have gotten more profits by holding longer but it is also true you could have even lost all which is way bad.
I've realized over the years that one of the lessons a trader ought to learn before venturing into trading is when to exit. Many traders don't exit a trade even after meeting their target with the hope that it'll get higher only for the price to fall tragically and the trade ending in a loss.
I believe a little profit everyday is better than a big profit once in a while.

milewilda

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Quote from: shawonngp on October 27, 2020, 03:16:15 PM

Hurry up is not a good sign for any work. If you consider the amount of profit at the end of the day . Then that is nothing but stupidity. Crypto means loss today, gain tomorrow. So do not expect a quick profit And study with coins.

Just to remind you buddy that it isnt really that right to bump up threads that had been inactive for couple of months and do make out some response just for the sake of post count requirement.
Dont tolerate this kind of behavior or else you would really be experiencing some problem later on.
Back on topic about profits are less and on to the point you had mentioned about hurrying up is actually right where people shouldnt really be forcing out on a certain profit on a certain day because
this will just build up some stress which would result into hurrying up things and making bad decisions instead.Dont let yourself fall into this verge of tension and stress because
it wont really giving out something good into your trading or investment career.Everything will be messed up if not planned accordingly.

shawonngp

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Hurry up is not a good sign for any work. If you consider the amount of profit at the end of the day . Then that is nothing but stupidity. Crypto means loss today, gain tomorrow. So do not expect a quick profit And study with coins.

LUCKMCFLY

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Quote from: gbrendeh on August 12, 2020, 06:12:03 PM

There is no harm from taking little profit, if the price went in other direction, you will be very happy that you made a good decision. It is just a natural part of trading

When the movement goes against our position and if the stop loss jumps, it is best to accept and assume the loss and know why it was lost, and thus the learning is much greater, in trading this type of thing happens, it important is to stop the losses and lengthen the gains.

perfect999

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Quote from: isaac_clarke22 on July 28, 2020, 11:56:01 AM

Quote from: Yatsan on July 26, 2020, 10:18:33 AM

~

I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent. Grin

As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.

Lol

I understand the feeling, but did you even learn trading before you started? It can be the problem.
I did the same thing as a newbie, I didn’t learn much about it, and opened account and read a little article that summarizes everything and I thought I was perfect already, and after several attempts and trying to make profit it was just ending up as a failure ha-ha.

I later stopped trading and looked for another means of income and was making out time to learn trading. It’s like a part-time engagement for me now

.

rhomelmabini

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Activity: 2002

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It's okay if you hav eprofit less or not, profit is still a profit. There's no way to conclude when would really it rose again in the near future and most of investors does. The good thing about you OP is you've got the discipline and that's one thing you should learn at least you've gained x2 from hodling those tokens.

Maestro75

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Your story is want happens constantly whenever people hold a token for a few years and then decide to sell at last. Most times the price goes up after people have sold their shares. At a time like that I do not think anyone should regret the extra profit they missed out on. What if it went down? My strategy holding a token for long time is never to sell because I got tired holding it. I always set a price range to sell and I do not sell everything. Try and keep a small quantity because you never can know what the price will be a few years later.

Oilacris

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Quote from: lienfaye on August 12, 2020, 06:57:48 AM

Quote from: Wawa2013 on August 11, 2020, 09:24:27 AM

I'm always happy every time I get a profit from trading, even though sometimes the profit I do get is very small.
Because to be good traders you don't have to make big profits, because if we focus too much on making big profits.
Will make us greedy and if let in the long run can harm ourselves.

Exactly, its better to have small profit rather than having nothing at all. When I was just starting as a trader I always look forward for big profit because thats my goal. But everytime im attempting to gain huge, im losing because my expectation for the market didnt happen, its unpredicted and I dont know how to analyze the market. But as time goes by I realize that as long as im not losing my capital its fine regardless how much profit I got.

People should realize these kind of things but for starters then this kind of mindset is pretty common and i do believe that majority of us did really made out such mistake when we are just starting.

Same goes when i do start up where i do believe that i can beat out the market and make myself rich because seeing trading is just a simple stuff in mind but when you are in the actual
situation then you would surely realize on whats the truth.

You will surely break on what you had expected and try to face up the reality on a very unpredictable market.Less profits is much better than having negative.

gbrendeh

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There is no harm from taking little profit, if the price went in other direction, you will be very happy that you made a good decision. It is just a natural part of trading

Freddy11

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If you are making ANY profit, then I believe that is enough, as size won’t matter but profit matters. I always enjoy smaller profit, as long as I am comfortable. It’s easier with supportive broker like FreshForex, as with their bonuses you don’t have to risk too much.

lienfaye

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Quote from: Wawa2013 on August 11, 2020, 09:24:27 AM

I'm always happy every time I get a profit from trading, even though sometimes the profit I do get is very small.
Because to be good traders you don't have to make big profits, because if we focus too much on making big profits.
Will make us greedy and if let in the long run can harm ourselves.

Exactly, its better to have small profit rather than having nothing at all. When I was just starting as a trader I always look forward for big profit because thats my goal. But everytime im attempting to gain huge, im losing because my expectation for the market didnt happen, its unpredicted and I dont know how to analyze the market. But as time goes by I realize that as long as im not losing my capital its fine regardless how much profit I got.

Wawa2013

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I'm always happy every time I get a profit from trading, even though sometimes the profit I do get is very small.
Because to be good traders you don't have to make big profits, because if we focus too much on making big profits.
Will make us greedy and if let in the long run can harm ourselves.

bangkecol

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Activity: 784

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Thats right, we must be grateful when we get less profits from holding or trading. It is still better than we get lose from it. Because we don't know about the future of the coins(projects).
With we gratefull , our life will be happy and calm.

samuraijin

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Quote from: ?? on ??

Quote from: samuraijin on August 09, 2020, 06:24:15 AM

If you feel grateful for the benefits you get, you will feel that your life is calm, you don't have to look at the price of Eidoo tokens on the exchange, what you hold like ETH is currently good enough has increased in value recently, you can now hold ETH in the wallet, hopefully the price can increase above $ 800, of course it will make your profits even better isn't it, the most important thing is that you don't see the Eidoo token market anymore because you've sold it.

Being able to release or sell coins that we knew will not be good in a long run and planning to sell it atleast even with a small gain is a good decision. It's better to stop loss than keep waiting for projects that are no longer developing or unable to consistently provide it's purpose. As long as were able to earn no matter how much is it.

yes that is the case, I have also held some tokens from ethereum and I chose to sell them because they are not really active in development, I see EIDOO seems to be still active in development, so they will keep trying to maintain the project, but it all comes back to merchant desire to survive or sell it

Nellayar

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Roobet supporter and player!

I agree with you OP.

We cannot make the 100 dollars without a cent. Everything really starts to a small part then later on it will goes bigger and bigger. It will just depend to our determination and perseverance when our journey goes. In trading, we don`t need to be greedy because many people are falling to a trap due to greediness. A dream to have a 1000x profits in just a few weeks or months.

Topic: It's ok if your profits are less (Read 1963 times)