Never Be in a hurry - page 14. | Bitcointalksearch.org

akar87

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Quote from: molsewid on February 25, 2021, 10:43:13 AM

Quote from: Sebas.tian on February 25, 2021, 01:53:07 AM

Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making.
It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.

I experienced it myself and I don't want that to happen again, I have a massive loss that time because I'm afraid that I will be losing too much so I made a cut loss and I sold my coin in an instant and then that time it is just the correction and instead of gaining it gives me losses and I break from trading that year because I cannot move on and I want to prepare myself again in trading so that I would not be a worry again because I know what will happen in the chart next.

I always hurry up when my coin assets raise higher price or dump, I don't why looks panic with my coin suddenly dump and I wanna try to cut loss, just awhile later price up and I miss chance to get profit. But when coin pump I am not be patient waiting little awhile and see price up always make my finger to put sell order and just little profit I get under 5%, if waiting few minutes later maybe I can get more than 20% profit.

molsewid

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Quote from: Sebas.tian on February 25, 2021, 01:53:07 AM

Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making.
It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.

I experienced it myself and I don't want that to happen again, I have a massive loss that time because I'm afraid that I will be losing too much so I made a cut loss and I sold my coin in an instant and then that time it is just the correction and instead of gaining it gives me losses and I break from trading that year because I cannot move on and I want to prepare myself again in trading so that I would not be a worry again because I know what will happen in the chart next.

Sebas.tian

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Hurry has lead many traders to failure because many of them never took their time to find out the really information concerning the market pump before selling their coins. I don't rush when other traders are rushing to supply in the market because it has reduced so many traders to zero level in the profit making.
It is good to watch the market price very well before releasing your coins to market which will really help you as a trader to achieve something good from your investment.

Ararbermas

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Some of here learned a lesson when they have done a worst decision.. Lol what i mean in the first place they dont even think what are the best way and strategy to prevent worst situation on this kind of work. Well i understand there's are some greedy people but you know mistakes can't be undo and it will mark forever in our history, especially if we have huge amount of money to invest and suddenly stuck up and end up nothing.. So we must be aware never jump in any situation unless if we see it right to make a decisions and there's a potential that after the efforts we will succeed., in fact it always good to wait than to be hurry wherein in order to keep our money safe..

goldade

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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.

I am sure more people will have problems with closing trades than with entering one. I've been trading for some time now and most of my regrettable decisions in trading are when I closed a trade too early. I know better now but I wish I had seen your post two years ago and I would have avoided a lot of mistakes.
However, you should know that there really is no way to when a pump will end and sometimes closing early has its own advantages.
Many traders will agree with this as one must have come across this at one point or the other .

LUCKMCFLY

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Quote from: kawetsriyanto on February 24, 2021, 06:54:38 PM

Quote from: batang_bitcoin on February 22, 2021, 04:01:02 PM

Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell

What you state is about the target, right? If the price meets the target, then it is no problem to sell the coin soon. Of course, the pump sometimes hard to predict, it can end in a short time and back again to drop. If we miss the chance to sell in the current pump, then we will wait for a long time to sell at the next pump. However, it depends on the holder, if he is satisfied with their target, then he should sell it soon without thinking much about the bigger rate to sell. Or at least, sell half from the total number of the coins.

Well this depends a lot on what you want to achieve, if the personality is merely a market speculator it is fine, if you are an investor you may have made a mistake, because investors always try to leave the maximum in profit. It all depends on what the person is, it's like defining an area.

kawetsriyanto

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Quote from: batang_bitcoin on February 22, 2021, 04:01:02 PM

Sell in a hurry sometimes is good. You'll never know when the pump will end, as long as it's a profitable price for you to sell

What you state is about the target, right? If the price meets the target, then it is no problem to sell the coin soon. Of course, the pump sometimes hard to predict, it can end in a short time and back again to drop. If we miss the chance to sell in the current pump, then we will wait for a long time to sell at the next pump. However, it depends on the holder, if he is satisfied with their target, then he should sell it soon without thinking much about the bigger rate to sell. Or at least, sell half from the total number of the coins.

Mahanton

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Quote from: gabbie2010 on February 24, 2021, 12:36:50 PM

Quote from: kramchers on February 23, 2021, 06:40:06 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.

Perhaps, this depend in the situation dude, because sometimes there is a chance that we need to sell it quickly if we know the price value will drop in the exchange or in the market. Although, I agreed that we need to learn always every time we make a mistakes in trading in the platform of exchange something like that.

Selling in a hurry had hunted me several times in trades that are profitable in a long run once I pulled the trigger for sale the coin will pump in the next 24 hours thus depriving me of reasonable profits, I believed this has to do with my emotions, experience is the best teacher I had begin to control my emotion and acquaint myself from this kind of situations and learn some methods of closing my trades, personally trading with higher timeframe is one of criteria in deciding when to close my trade.

Emotion is indeed a great factor that could really affect someones trade if you aren't really that good on handling it which you would eventually
result into those bad decisions which will affect your decisions and affect your profitability.Never in a hurry because everything would have
that perfect time for you to sell out even though it might be the sweetest spot but at least you do make profit in the end of the day.
Target goals might differ but still having the same target in mind which is to make money.

kolbalish

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Hurry is always bad because any good work can't be held in hurry. If one tries to become a successful person then he should be aware of using time. Do not hurry means one should waste more time to do a work I don't mean so but in use of time, one should have more and more punctual, reliable and attentive.

gabbie2010

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Quote from: kramchers on February 23, 2021, 06:40:06 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.

Perhaps, this depend in the situation dude, because sometimes there is a chance that we need to sell it quickly if we know the price value will drop in the exchange or in the market. Although, I agreed that we need to learn always every time we make a mistakes in trading in the platform of exchange something like that.

Selling in a hurry had hunted me several times in trades that are profitable in a long run once I pulled the trigger for sale the coin will pump in the next 24 hours thus depriving me of reasonable profits, I believed this has to do with my emotions, experience is the best teacher I had begin to control my emotion and acquaint myself from this kind of situations and learn some methods of closing my trades, personally trading with higher timeframe is one of criteria in deciding when to close my trade.

Distinctin

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Quote from: doctor877 on February 24, 2021, 09:37:37 AM

experience will always teach you to what to do in future. trading requires a lot of learning, and applying every bits of it. just like you have a put it in simple terms, never offload all your bag of tokens except you are tired of the project or you have another thought about it. sell in batches and always make it a priority to remove your capital.

Of course, it makes no sense at all if we are keeping the same coin, put our eggs in one basket even we know that it never grows for how many years. That is why we need to look for another opportunity, another coin that could able to give us some profit. But, it is something we need to think about it first before taking an action and to choose the best one.

Leaving to coin that is already helpless and ain't profitable anymore is not a sacrifice but a chance to grow our funds and we must have to be HURRY, for a chance not to miss our precious time holding such coin which is nothing we have to get in the end.

doctor877

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experience will always teach you to what to do in future. trading requires a lot of learning, and applying every bits of it. just like you have a put it in simple terms, never offload all your bag of tokens except you are tired of the project or you have another thought about it. sell in batches and always make it a priority to remove your capital.

lixer

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Quote from: sheenshane on February 23, 2021, 12:03:37 PM

Sometimes our greediness makes us down if we're not contented with having profited from trading but I will call you the dumbest person I've known if you will sell your Bitcoin under the price you'd purchased.

Trading is all about selling and buying at the right time and people call it a mistake to sell cheap and buy costly coins but this is just unfortunate and not a mistake because none of us knew which direction the market will swing in coming time and we still don't know. There is a difference between panicking and being over confident with your coins. Like with bitcoins as the price drops, I do not worry too much. But when the same happens with a another insignificant coin of lower volume and market cap, I am much more aware and active because the coin might be dead while I am sleeping and its better to sell and avoid losing everything than to sleep on the coins and lose everything next day.

We must never be in any hurry but also like you said, make sure you are not to greedy. Crypto is all about balancing between greed and panic and being sharp with decisions, if even they are wrong sometimes.

justdimin

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Too much of anything is bad whether its sweet or sour, applying the same logic we can say having too much patience and being a saint while your portfolio is suffering is not wise. Similarly, just losing $1 value on Bitcoin should not make you sweat your pants and sell your bitcoins developing fear of the market collapsing.

I don't know why the same guys who were so positive about bitcoins and the future are suddenly so worried that they are asking others if they should hold their coins. A few weeks back guys were suggesting others to buy bitcoins and those same guys are now asking in telegram groups, I follow a few, about whether they should sell their coins as the market is collapsing.

Just cool down and don't follow the price too many times a day because checking it again and again is only going to break your confidence and ultimate you will end up dumping your coins, once again for a cheaper value.

Innerpumper

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Asset management is very necessary, comrades. I think the best thing is to buy gradually and not with the whole asset. Buy 10% of the assets and buy some potential coins, even though the market is currently trending down. I'm sure I'll recover in the next few days.

maydna

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That is what we need to before doing something, so we can make sure that we are ready for anything that can happen to the market. If you can analyze, it will help you know the current situations, and if the price is at a low price, you can buy it more after analysis. But doing a hurry in buy or sell will not be good because it can move to any price after you buy or sell. I agree that we can buy or sell for some small amount to see where the price will go, so we can know how to anticipate the losses if the price is down. But if you think the price will go down after the price reach the high price, you can sell it before you miss that chance,

taufik123

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Quote from: Yatsan on February 23, 2021, 06:02:36 PM

Being in a hurry is sometimes good but most of the time is bad. Being in a hurry can sometimes be good in a sense that you are following the hype and the flow of the events in the market enabling you to get along on the market movement. Being in a hurry is mostly bad for you are being driven by emotions and you are still not yet composed of how can you possibly deal if sudden unexpected happen and since you have just get into a hurry buying and selling your coins, you will be regretful and frustrations will come along with you. Better be careful and wise on engaging with the market for it is not a race and you must strategize first so that you will not be in a panic situation because you know what you are doing.

Strategies are very necessary to be done in order to deal with situations like this. Sometimes I get caught in favorable and unfavorable situations. when it happened FOMO which required me to sell my tokens. The best option back then was to sell 75% of my total tokens when FOMO continues and the rest I hold for the next price hike, maybe that will be a pretty good and safe strategy.
I try to adjust my psychology not to rush into decisions. The important thing is not to All in during FOMO when you are not sure and don't sell when you lose when some corrections occur.
Must stay calm and be smarter in making decisions.

kramchers

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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.

Perhaps, this depend in the situation dude, because sometimes there is a chance that we need to sell it quickly if we know the price value will drop in the exchange or in the market. Although, I agreed that we need to learn always every time we make a mistakes in trading in the platform of exchange something like that.

Edsemen

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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.

Holding some bunch of shitcoins must not think of that idea of being in a hurry, and it's kinda frustrating these days but still I prefer to more strong instead of being depressed. I've just started to divert some of my funds with other coins like xrp and trx, and keep myself motivated everytime the market fluctuates. Also, I prevent some sort if panic and let my asset grow despite of rumors from fud news.

MCobian

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I agree to rush into decisions when trading is not a good thing. In my opinion, if we want to become successful traders we don't panic quickly seeing
the market situation. For example, the current Bitcoin price dump is quite deep, even a few hours ago the Bitcoin price hit a price of $ 45k. Though
a few days ago it was still priced at $ 58k. If we are now in a rush to sell Bitcoin, then I can be sure to regret it.

Because as we know Bitcoin recovered several times very quickly. And don't rush into buying, we do not want become FOMO, consequently will buy
at high prices. The key to trading success is patience and must be able to analyze the market correctly.

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