Never Be in a hurry | Bitcointalksearch.org

Fatunad

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Quote from: sklopan on May 20, 2022, 01:39:38 PM

In fact, haste really hurts the trader a lot. I have verified this more than once.

It cant really be avoided even if we do say that we are fully aware on how market moves which you would really be having the same mistakes but somehow it is on a controlled manner since you do know
on what you would gonna do or the things specially on this one.Making yourself in a hurry would really be putting you into trouble yet this would really be creating those mistakes
which you should really avoid it as much as you could but there are things which cant really be avoided even how much you are that experienced or does know about on things.

BITCOIN4X

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Quote from: sklopan on May 20, 2022, 01:39:38 PM

In fact, haste really hurts the trader a lot. I have verified this more than once.

Don't be in a hurry, maybe this is a good warning for everyone who doesn't do analysis to invest. I don't think that buying bitcoin at the current price indicates that we are in a hurry just because the price is correcting. The price may be able to drop lower, but buying on the way down is good if we want to implement an accumulation strategy.

I do not recommend that you trade when the market is correcting because if you fail to have a way to control your emotions then you will definitely lose if the price drops deeper. My advice is investing, it's much better than trading in my opinion but of course you have to target profit in the long term so you have to be willing to hold your asset around for that long.

sklopan

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In fact, haste really hurts the trader a lot. I have verified this more than once.

Rigon

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Yes, of course. Never rush on a trading platform or any work. Those in a hurry have suffered in one way or another.Especially those who trade in a hurry on the trading platform but almost always lose their funds.It's from my own reality. I have lost a lot in the rush of life. So I would say none of you do anything in cryptocurrency in a hurry.

monineklutak

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Quote from: fauzan Ichsan on May 20, 2022, 01:20:16 AM

Quote from: jrrsparkles on May 19, 2022, 04:31:35 AM

Quote from: Munir575 on May 11, 2022, 03:13:09 PM

Knowing when to sell is one of the qualities a trader must possess to survive ups and downs of trading. Selling in batches may be advantageous at times and it could go wrong other times, it doesn't whether you sell gradually or not all that matters is that you know whst you are doing and also know the best time to exit a trade.

Selling in batches minimize the loss as well as profits so it all depends on our acceptance level, when we are okay with the less profits we can go with the conservative way of making the capital value secure first and then try to make profits but for me its better to use the stop loss feature to save us from huge loss and also it eliminates the risk of losing our profits when the market favour us and let us to make huge profits.

indeed in short-term trading moreover, we have to take advantage of the moment well, when to enter and when to exit, because we must immediately take profits or make transactions, but it must also be in accordance with the area we have planned, not to force entry into the market when have not entered the area we had planned, because it happens often

Moreover, with the current market conditions are still red, it is necessary to be careful in making decisions for short-term trading,
full of risk it seems to trade for the short term amid the current conditions,
it may also be difficult to determine the time to sell and buy so it's better as much as possible to minimize risk

BitSwapNow

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Do your due diligence. Make calculated trades. Always have an exit strategy, target and plan. Dont just buy or sell off emotions.

jaberwock

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Quote from: MiF on May 18, 2022, 02:11:29 AM

Being in hurry is not good it can make us loss if we always decide in hurry. I believe that if we sell or buy we need to stay calm and stay positive. Sometimes investors is always do hurry decisions because of the greed they always wanted to earn on a very short period of time and they end up losing a huge amount of money.

Depends on the situation. What if you are late in your job. Will you not hurry up? When you hurry you might be lucky to get there in time. We can also apply that scenario here in the crypto market. We can hurry buying and selling and maybe it can turned out to be great (the outcome) than if we don't hurry.

I think that being greedy cant be associated with hurrying. You hurry for some reasons and not because you are greedy but there are also people who don't hurry and still manages to become greedy. I am not saying to adopt a hurrying manner but it is better to be organized in everything that you do. Hurrying can only be used rarely and should not be abused.

Dr.Osh

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Quote from: Japinat on May 19, 2022, 04:33:56 AM

Quote from: MiF on May 18, 2022, 02:11:29 AM

Being in hurry is not good it can make us loss if we always decide in hurry. I believe that if we sell or buy we need to stay calm and stay positive. Sometimes investors is always do hurry decisions because of the greed they always wanted to earn on a very short period of time and they end up losing a huge amount of money.

Timing is everything, you don't need to be in a hurry if you don't carefully plan that, or part of your plan. Thing is, if you let your emotion decide, that's where you will face a lot of problem and it's not good for trading, you will just regret in the end. We make mistakes( That's given), but we always learn from our mistakes.

People usually in a hurry when there's FUD or FOMO.

well, another reason why we shouldn't hurry is because it will lead us to make the wrong decisions. this once happened when i held ethereum. too many FUDs everywhere, made my decision in a hurry, so I missed the very high price of ethereum. I even sold ethereum for less than the current price when I was in a rush. however, before making a decision, think carefully, and take it at the right time.
however, the current conditions made many people rush. however, I even sold some of my assets for some fud before the price rebounded. besides, people make a profit with a calm mind and maturity in decision.

fauzan Ichsan

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Quote from: jrrsparkles on May 19, 2022, 04:31:35 AM

Quote from: Munir575 on May 11, 2022, 03:13:09 PM

Knowing when to sell is one of the qualities a trader must possess to survive ups and downs of trading. Selling in batches may be advantageous at times and it could go wrong other times, it doesn't whether you sell gradually or not all that matters is that you know whst you are doing and also know the best time to exit a trade.

Selling in batches minimize the loss as well as profits so it all depends on our acceptance level, when we are okay with the less profits we can go with the conservative way of making the capital value secure first and then try to make profits but for me its better to use the stop loss feature to save us from huge loss and also it eliminates the risk of losing our profits when the market favour us and let us to make huge profits.

indeed in short-term trading moreover, we have to take advantage of the moment well, when to enter and when to exit, because we must immediately take profits or make transactions, but it must also be in accordance with the area we have planned, not to force entry into the market when have not entered the area we had planned, because it happens often

Hamphser

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Quote from: Japinat on May 19, 2022, 04:33:56 AM

Quote from: MiF on May 18, 2022, 02:11:29 AM

Being in hurry is not good it can make us loss if we always decide in hurry. I believe that if we sell or buy we need to stay calm and stay positive. Sometimes investors is always do hurry decisions because of the greed they always wanted to earn on a very short period of time and they end up losing a huge amount of money.

Timing is everything, you don't need to be in a hurry if you don't carefully plan that, or part of your plan. Thing is, if you let your emotion decide, that's where you will face a lot of problem and it's not good for trading, you will just regret in the end. We make mistakes( That's given), but we always learn from our mistakes.

People usually in a hurry when there's FUD or FOMO.

Everything is really needing some timing but we know on how unpredictable the market is which is really hard to speculate on where prices could actually go on next minute,hour,days or weeks.

If you do really make yourself in a hurry then this would be highly really be making out some mistakes since you are really look after for profits so badly.The best thing you should do is to

analyze out on things which you should gonna do, lots of trials and errors would be done until you do make yourself to be that sustainable.

Japinat

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Quote from: MiF on May 18, 2022, 02:11:29 AM

Being in hurry is not good it can make us loss if we always decide in hurry. I believe that if we sell or buy we need to stay calm and stay positive. Sometimes investors is always do hurry decisions because of the greed they always wanted to earn on a very short period of time and they end up losing a huge amount of money.

Timing is everything, you don't need to be in a hurry if you don't carefully plan that, or part of your plan. Thing is, if you let your emotion decide, that's where you will face a lot of problem and it's not good for trading, you will just regret in the end. We make mistakes( That's given), but we always learn from our mistakes.

People usually in a hurry when there's FUD or FOMO.

jrrsparkles

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Quote from: Munir575 on May 11, 2022, 03:13:09 PM

Knowing when to sell is one of the qualities a trader must possess to survive ups and downs of trading. Selling in batches may be advantageous at times and it could go wrong other times, it doesn't whether you sell gradually or not all that matters is that you know whst you are doing and also know the best time to exit a trade.

Selling in batches minimize the loss as well as profits so it all depends on our acceptance level, when we are okay with the less profits we can go with the conservative way of making the capital value secure first and then try to make profits but for me its better to use the stop loss feature to save us from huge loss and also it eliminates the risk of losing our profits when the market favour us and let us to make huge profits.

MiF

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Being in hurry is not good it can make us loss if we always decide in hurry. I believe that if we sell or buy we need to stay calm and stay positive. Sometimes investors is always do hurry decisions because of the greed they always wanted to earn on a very short period of time and they end up losing a huge amount of money.

lalabotax

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Quote from: Zilon on May 11, 2022, 01:18:22 AM

Buying in a hurry can be a bad trading strategy but when it comes to selling sometimes it's best to sell in a hurry especially if you have made a very high ROI it will give you a better time to reevaluate you strategy and research to know if the coin is worth buying more or pulling out from the project completely. sometimes holding on to a good profit might instill greed that could wipe off an entire profit

Yes, hurrying to buy is a very bad decision. Many people get losses because of buying in hurry, they buy when the coin is in the hype. Sadly, the hype is over after successfully buying the coin. To be honest, I myself ever did this mistake and I won't do the same way in buying a crypto coin. Cry

About hurrying to sell, it is okay if we think it already meets our target. Especially, if the coin price hits a new ATH, it is better to sell immediately because the price may drop again after it reaches a new ATH. Mostly the price of a crypto coin will drop quite significantly after it hits a new ATH, so it will be a bad decision to keep holding. As you said above, we may miss the chance to get good profits if we are greedy to continue holding.

milewilda

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Quote from: Crypto Library on May 15, 2022, 03:22:55 PM

Quote from: cytpoway121 on February 22, 2021, 10:46:00 AM

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

Yes , I agree with your words. Because its happened to me that when I buy coin in a hurry. I never saw the face of profit when I select token in hurry. I think this trading is totally dependent on emotions, so that we didn't analysis good or bad proper and in the end you have to face losses.

Not totally depend on emotions but it is one of the most major factor that could really affect in regards into your trading decisions thats why you should really know on how to control
on your emotions because if you dont then you would really be finding out hardship on every decisions made or something you do really directly make out actions without considering
for some analysis just because your emotions do really push you on doing so and when you do tend to make it back or do something better then its already
too late.

Crypto Library

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Quote from: cytpoway121 on February 22, 2021, 10:46:00 AM

Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better

And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.

Yes , I agree with your words. Because its happened to me that when I buy coin in a hurry. I never saw the face of profit when I select token in hurry. I think this trading is totally dependent on emotions, so that we didn't analysis good or bad proper and in the end you have to face losses.

LUCKMCFLY

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Quote from: kapalmabur on May 05, 2022, 05:57:06 PM

Quote from: DanWalker on May 05, 2022, 05:22:41 PM

Quote from: blackened515 on May 02, 2022, 11:24:17 AM

It expects on the coin though. Because, sometimes, it really worth been in hurry. Although, is generally not good to hurry went either buying or selling in Crypto. What is required from a trader is been smart enough to buy and sell at the right time. However, fear is what contributes mainly to traders hurriedly closing trade. Therefore, we should try as much as possible to be in the right state of mind, and not panic when it comes to investing or trading in Crypto.

No matter how good a coin is, if you can't buy it at a good price it won't be able to make a profit for you. Always stay awake in all cases to make the right decision, do not rush to trade without any calculations. Investment is necessary to have a strategy, specific goals, carefully researched before trading, otherwise they will not only bring profits but also make us lose a lot.
Crypto is a volatile market so if you miss one then wait for another, don't rush.

Of course before starting to trade we must first understand what we have to do and besides that we have to consider many things too,
trading is not only about buying and selling coins and I think you can say it is very complex,
What is clear is that it must be considered in order to make the right decision

When I started to operate I had the mistake of taking courses that I saw on YouTube, from one youtuber and another, what I did was learn all kinds of tools and indicators that what I did was have a thought of only technical analysis, without understanding the stages of market, then my biggest mistake was buying when I was in the distribution stage and selling in the accumulation stage, so they were conceptual errors, but I never saw them, because technically I was correct, this type of scenario is the one that blinds to many who do technical analysis because when you do it that way you lose a lot.

NicNacCoin

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I have made a lot of losses in my life by rushing on the trading platform. Whenever I saw the market go down a bit I bought something and traded futures and later the market became more dumping. I have lost.I ate liquidation yesterday trading 839$ futures just in a hurry That's why I say if you want to trade in the market, never rush, but take a little time and analyze well and then start trading.

lalabotax

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Quote from: Zilon on May 11, 2022, 01:18:22 AM

Buying in a hurry can be a bad trading strategy but when it comes to selling sometimes it's best to sell in a hurry especially if you have made a very high ROI it will give you a better time to reevaluate you strategy and research to know if the coin is worth buying more or pulling out from the project completely. sometimes holding on to a good profit might instill greed that could wipe off an entire profit

If we buy a token or coin in hurry, moreover because of hype and also because of FOMO created by media or forum or community, the chance of losing money may be higher.
Because we may not have enough time to analyze the coin or the token first deeply. We only follow other people to buy the coin immediately without thinking about other important things and elemnts.
This may happen in many newbies and also we sometims. And if the price of the coins are dropped, they will commonly blame each other, and like blaming also the exchange, community, infleuncers, and other parties that support the coins. Grin

Munir575

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Knowing when to sell is one of the qualities a trader must possess to survive ups and downs of trading. Selling in batches may be advantageous at times and it could go wrong other times, it doesn't whether you sell gradually or not all that matters is that you know whst you are doing and also know the best time to exit a trade.

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