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Topic: Never Be in a hurry - page 16. (Read 2290 times)

sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
February 22, 2021, 05:27:46 PM
#7
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.
sometimes step by step is necessary to do this is useful because the market will usually be volatile if we enter simultaneously the market will experience a dump. and if we sell simultaneously the market will pump significantly. this is so unfair. so step by step is the best step.
legendary
Activity: 3122
Merit: 1140
February 22, 2021, 04:59:11 PM
#6
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.

Neither both things could be used depending into someones risk management because there are pro's and con's between two things depending on how you do deal with it.
Im a trader that do able to do both things depending on the situation.There are times i do sell or buy in batches or going all at once basing on the opportunity
that i do saw.

It turns out to be effective for me on having that random kind of behavior.Experience is the best teacher and as far as you go you would eventually learn up
things that you havent learn up on the past. Just explore and continue.
full member
Activity: 2086
Merit: 193
February 22, 2021, 04:55:26 PM
#5
Only if you know when to sell and buy, for sure you don’t need to be in a hurry always because that’s not good strategy and you looks like you’re dealing with market using your emotion. Don’t FOMO and buy when necessary for you based on your own timeline, and do sell to take profit not out of panic.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
February 22, 2021, 04:54:39 PM
#4
Human emotions affect the profitability of the investors and they rush to buy or sell the portfolio without thinking about the possible risks. Cutting the losses as soon as possible and letting the winning trades run will save the investors if they can analyze the market correctly with the right mindset. The market never gives the profit we want from it first and it is a time-based game applied on the trading charts.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
February 22, 2021, 04:46:54 PM
#3
I've been in the crypto space for a while ~ a couple of years give or take and in that time, I've had my own fair share of regretful trades. Most of the time, I was selling too early. Other times, too late.  I don't think there's a way to know the "perfect" to sell or buy so it might be a good idea to take some profits and let the winners keep riding. Then if buying, we can use DCA strategy to stay afloat in the trade and keep our average at a good price level.
hero member
Activity: 3080
Merit: 603
February 22, 2021, 04:01:02 PM
#2
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, you can sell as quickly as you can. But I agree about selling in batches, that will do the trick if you are hesitant to sell all that you've got.
That can help you to minimize your potential missed profits if ever the market goes up and if the market goes down, you'll just have to hold it and wait until it goes up again.
member
Activity: 1540
Merit: 68
February 22, 2021, 10:46:00 AM
#1
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.
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