Topic: It's ok if your profits are less - page 9. (Read 2005 times)
I think it is still ok even if the profit is less as long as we have profit, it is better than lossing maybe sometimes we wanted to earn a big amount of profit but sometimes big profit needed a big amount of capital so if we loss we can loss big amount of money big profit comes with a great loss if we are not lucky, so i think we need to be thankful even if we earn small amount.
Anyway, consider it as a bonus If you have cashed out double with your target.
Never forget that, It's the greed that makes someone lose everything.
Yes, true, this is a basic rule in trading contentment and lack of greed, as you said, as long as I set my goal, I must be satisfied with what I got and do not aspire to get more because that may cause you a severe loss if the price comes back down again. So one must be satisfied with the goal he has set before him. This is a lesson I learned in life in general, not just in trade.
This is called a good trader, because it appreciates whatever profits are made. We don't need to make big profits to become successful traders,
the most important thing is that you can make a profit even though it is small. If we have no problem getting a small profit, that means we are
has managed to control emotions so as not greedy. That's something good to achieve.
the most important thing is that you can make a profit even though it is small. If we have no problem getting a small profit, that means we are
has managed to control emotions so as not greedy. That's something good to achieve.
The same thing happened to me almost two days ago I had 50,000 doge and sold it at 26 Satoshi = 0.0125 BTC and then about a day or two later I was surprised that the price of Doge rose to 52 Satoshi means almost double if I sold it at this price i would get 0.025 BTC.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.
As long as you have set a target where you're comfortable with the profit, then that would be fine, since nobody knows when will an alt will pump or dump. As far as I have noticed, Alts are easier to be manipulated resulting to the pump and dump group than Bitcoin. So, you need to have a very high risk tolerance when you're aiming for bigger profit.
Anyway, consider it as a bonus If you have cashed out double with your target.
Never forget that, It's the greed that makes someone lose everything.
Much better than nothing at all. We just start practicing ourselves to be grateful on whatever profits we achieved. Even if it’s just $1.00 or below, it’s still profits.
However, if we lose on a trade, there’s still something that we can be thankful for. If we lose on something, we learn from the experience and gives us the opportunity to get better in our decisions when trading cryptocurrencies.
This is what I’ve been telling myself no matter if we profit or lose in cryptocurrency trading. Just be grateful.
I am even happy it it was cents However, if we lose on a trade, there’s still something that we can be thankful for. If we lose on something, we learn from the experience and gives us the opportunity to get better in our decisions when trading cryptocurrencies.
This is what I’ve been telling myself no matter if we profit or lose in cryptocurrency trading. Just be grateful.
. As long as it is a profit, I'll take it. Better than nothing and the important thing is you're still getting into the ropes quite well.
Too bad that didn't happen for me in my day trading experience, as I earned none and I was still learning tutorials in Youtube.
I think it's normal anyway.
The same thing happened to me almost two days ago I had 50,000 doge and sold it at 26 Satoshi = 0.0125 BTC and then about a day or two later I was surprised that the price of Doge rose to 52 Satoshi means almost double if I sold it at this price i would get 0.025 BTC.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.
Of course, I was sad at first, but then I forgot the matter. These things always happen in the Trading world, and they should be ordinary things and you shouldn't think about it so much.
It doesn't matter just making a little profit, compared to losing. In the world of trading it's not problem a big or small profit we produce.
But we can make profits continuously and can avoid losses that are most important things in trading. No need to regret when the coins that we
sell the price goes up, than when there is an opportunity to make a profit we delay and finally the coins dropped in price. Remember in trading
do not be greedy.
But we can make profits continuously and can avoid losses that are most important things in trading. No need to regret when the coins that we
sell the price goes up, than when there is an opportunity to make a profit we delay and finally the coins dropped in price. Remember in trading
do not be greedy.
As a trader sometimes you simply have to take a loss. In my opinion it can sometimes be harder when to know how to pull a loss than a win. You need to be able to do both based of an action plan that should be set up prior to execution.
Greedy is not for every trader, I often to meet a situation where I've got profit if I sell my coin at the current price but I was greedy and expect that the price will up more than that but in the fact it was just failed to broke the strong resistence and fall again until I got lost.
You have choosen a good decision mate, at least you still get a profit although you sell them and get 2 ETH. However, have you try the trolling profit? I mean when the price increase and you put to sell below the price increase and so on when the price keep increase so as when the price fall you'll not lose and have a profit.
You have choosen a good decision mate, at least you still get a profit although you sell them and get 2 ETH. However, have you try the trolling profit? I mean when the price increase and you put to sell below the price increase and so on when the price keep increase so as when the price fall you'll not lose and have a profit.
Ever regret that you didn't sell it while the price was a bit higher?
If you did you could have bought more than 1000 back for your bag. That 1000 EDO could have been worth more than $6K back 2017.
Its okay to have less profit than having a loss but to have wasted years for it may not be worth. Anyway, if you have waited this long then maybe you are also willing to wait for a little longer to see it fly up again if you believe there will still be bullrun one day.
Regret will certainly be there because he did not sell it earlier and waited for the price to be very far from what was expected.
Waiting a long time must also get the appropriate results. The possibility of flying back depends on the token project, whether the developer continues to develop it or not.
Here we also learn how to mentally regulate so that you can make good decisions and take the risk.
We always consider the "IFS" when we are investing.
What if the price will rise more or what if the price will fall again.
That's something as an investors we are not sure of, so selling at a profit is already a success regardless of the profit you made.
I have a lot of regrets in the past for not selling when the price pumped, but I learned my lesson, eventually I know I'll be more matured and what I really learn from trading is not to be greedy, once you make profit even if how small it is, it already gives you an idea how to make it so you'll be able to be profitable again by other investment or the same when you buy them at dip.
What if the price will rise more or what if the price will fall again.
That's something as an investors we are not sure of, so selling at a profit is already a success regardless of the profit you made.
I have a lot of regrets in the past for not selling when the price pumped, but I learned my lesson, eventually I know I'll be more matured and what I really learn from trading is not to be greedy, once you make profit even if how small it is, it already gives you an idea how to make it so you'll be able to be profitable again by other investment or the same when you buy them at dip.
It's better than to suffer from depression when your expectations doesn't work. I called it minimizing the risk of losing since we can't predict what's in the future, it's better to take what chances we got already. Trading will always be that way but some people are so lucky to met their expectations but that's just random.
Anyway, you still got some profit and that's just better than to be greedy, consider yourself as lucky if you got some profit while trading not everyone is lucky enough to gain such profit.
Anyway, you still got some profit and that's just better than to be greedy, consider yourself as lucky if you got some profit while trading not everyone is lucky enough to gain such profit.
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.
I think as long as you're happy then that's fine. To take this up a notch, it is the general consensus that if you can take a profit you can be happy with then go for it as the market could always go bearish. However, at the end of the day you take as much risk as your comfortable with and that's a good approach to trading
Nevertheless, Op did a good decision and I know we are all experienced this matter if you are a bounty hunter. We don't really know the movement of altcoins especially those newly listed.
Whenever you sell, don't regret what you did but instead take a new round just in case you decided to buyback.
You will never know what will happen next. What if the other way around happened? Instead of profits, you lose.
Just be positive that you sell with profits. After all, you can play with that coin again.
You will never know what will happen next. What if the other way around happened? Instead of profits, you lose.
Just be positive that you sell with profits. After all, you can play with that coin again.
Be thankful on what you had earned imho rather than seeing your portfolio in deep reds for you not able to sell it off in the right time.It might be less but it is better rather than nothing at all.
Buyback thing should be considered but not all will really have that kind of mindset because once they do get out then they arent tending to look back which isnt a bad move either and the mentioned coin
Eidoo would be somewhat risky and its better to put up those profits earned into other coins which is more worth to risk on but im not saying that Eidoo is shit but there are
better alternatives.
It good the OP have understood already that making a less profit is better than making losses in every investment but i dont see him making less profit if he calculates the current price of the subject in USD and the current price of ETH because they token is now experiencing a downtrend.
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.
I think as long as you're happy then that's fine. To take this up a notch, it is the general consensus that if you can take a profit you can be happy with then go for it as the market could always go bearish. However, at the end of the day you take as much risk as your comfortable with and that's a good approach to trading
Whenever you sell, don't regret what you did but instead take a new round just in case you decided to buyback.
You will never know what will happen next. What if the other way around happened? Instead of profits, you lose.
Just be positive that you sell with profits. After all, you can play with that coin again.
You will never know what will happen next. What if the other way around happened? Instead of profits, you lose.
Just be positive that you sell with profits. After all, you can play with that coin again.
If we are going to take a look at those things, I have made around 80 bitcoins so far in my life, I have only received around 40 thousand dollars in total. This is of course at the course of many years but there was a job that made me earn 80 bitcoins, and I have sold all of it the moment I got it, this was waaay back in the day so bitcoin was under 1k, and it did moved to 20k while I was working so I did made just a tiny bit of it during that part (0.05, so there is still 79.5 before that) but believe me if we are going to take a look at "what I could have made" there are people who lost 1000x more than me for sure.
Remember the dude that paid 10k bitcoins for 2 large pizzas, that is like 50 bucks at the very best case, but his money would have worth tens of millions of dollars. So just focus on what you made, and not what you could have made, otherwise you would turn crazy.
Remember the dude that paid 10k bitcoins for 2 large pizzas, that is like 50 bucks at the very best case, but his money would have worth tens of millions of dollars. So just focus on what you made, and not what you could have made, otherwise you would turn crazy.
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.
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.
Ive several experienced this kind of situation where you do sell off early just because you do presume out that the price might decrease after that but it cant really be avoided since this market is unpredictable in the first place.
The thing here is that you do able to gain profits instead on losing.Yes, regret is there but at least you do get out something rather than losing or in negative.
People cant really just move on nor accept that they just hope that they sell out sooner and might able to make more money but to think that they should be at least grateful
on what they had done earlier.
...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.
One successful trader explained his profit in trading by always closing orders early. Today you got a profit and should be happy about it. After all, everything could have turned out differently, and today the price could decrease and you could get a loss from such a transaction.
I am not at all saying OP made a mistake by selling at 0.002 eth but since the price moves up he could have waited a little longer and if it started to drop then that is the best time to sell. It's like you hold an asset for long time and when the time came to cash your trust you just cashed it too early. So, yeah while you made profit still you should learn a few market tactics like never sell a coin that is moved up recently and when a coin is going don't just buy it until it touches bottom and starts getting up again.
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