Never Be in a hurry - page 4. | Bitcointalksearch.org

Lordhermes

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Quote from: nurilham on November 17, 2021, 06:05:19 PM

trading requires calm and good analysis so that we can determine when is the right time to sell and buy coins. rushing will only make our minds uneasy and chaotic because we can't think clearly in it. based on my experience, I've been in a position where I started trading and suffered losses due to being too hasty and panicking, I think that's normal in the beginning because it's a purely human emotion. but over time we must be able to avoid this hasty behavior if we want to get the profit as expected.

Exactly,this is what happen to most trader who experience lose in trading,being hasty and making quick decision without proper research and consultation before trading.
In other to do well,or get the best,one must ensure he or she does not rush,or make hasty decision,he must be able to read and access the outcome of his investment.
A trader must be able to make proper research,and ask questions before he starts taking any possible risk.

nurilham

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trading requires calm and good analysis so that we can determine when is the right time to sell and buy coins. rushing will only make our minds uneasy and chaotic because we can't think clearly in it. based on my experience, I've been in a position where I started trading and suffered losses due to being too hasty and panicking, I think that's normal in the beginning because it's a purely human emotion. but over time we must be able to avoid this hasty behavior if we want to get the profit as expected.

jossiel

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Quote from: CapGelatik on November 17, 2021, 12:28:17 PM

yup, don't be in a hurry to sell your assets, because if you sell them at a low price you will regret it,
because my experience is always like that, I sell MANA, I sell Doge, and I also sell CKB when the price is cheap,
and now the third This coin has experienced a drastic increase, of course this will make me learn more about the fundamentals

It's always like that.

If you ever sell, you'll get to see that coin goes up so you don't have to regret upon selling it. Do not be in a hurry if you're about to sell.

Always take your time and decide if it's worth it to sell it anyway despite you know that it might increase anytime.

milewilda

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Quote from: Lordhermes on November 16, 2021, 10:47:41 PM

Trading is not really a thing to rush,it is something that one needs to take time,sit down and think,and probably make a decision that he will not regret after making.
In trading,one needs to access the advantages and disadvantages.
One needs to study the risk involved in trading,because if these things are not carefully examined before setting for it,it will cause one pain when losses comes.

It isnt really a race for something that you do rush up which you would rather needing to make yourself sustainable instead on targeting on making profits in short term because you know that this isnt something that could be predicted from time to time or does have that kind of pattern which doesnt really exist at all.Never be on a hurry because this isnt a race but rather a marathon or being the longest one to sustain and survive this market.
The longer you do able to survive this market the better trader you do become.

CapGelatik

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yup, don't be in a hurry to sell your assets, because if you sell them at a low price you will regret it,
because my experience is always like that, I sell MANA, I sell Doge, and I also sell CKB when the price is cheap,
and now the third This coin has experienced a drastic increase, of course this will make me learn more about the fundamentals

Golftech

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Quote from: Lordhermes on November 16, 2021, 10:47:41 PM

Trading is not really a thing to rush,it is something that one needs to take time,sit down and think,and probably make a decision that he will not regret after making.
In trading,one needs to access the advantages and disadvantages.
One needs to study the risk involved in trading,because if these things are not carefully examined before setting for it,it will cause one pain when losses comes.

Not at all, it's something that you need to learn and afterwards needs to keep enhancing your knowledge.

trading can provide a good source for your financial needs, you should work more with your knowledge and never to think that

this business is a game where rushing is very important.

Take time and keep doing your DYOR. There's always a good space for your investment if you know what you are doing around.

Lordhermes

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Trading is not really a thing to rush,it is something that one needs to take time,sit down and think,and probably make a decision that he will not regret after making.
In trading,one needs to access the advantages and disadvantages.
One needs to study the risk involved in trading,because if these things are not carefully examined before setting for it,it will cause one pain when losses comes.

Oilacris

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Quote from: Fakhrulenclix on November 16, 2021, 02:33:04 PM

You said not to rush when trading, I was more concerned with the initial target when entering a trade. in trading I have a profit target, if it is achieved I often sell or close trades at once. I prefer trading management with the target technique, so I won't think I want more profit if the target has been achieved. since we cannot predict the market with certainty, this is a precaution so as not to regret it in the end.

Usually when you are just new then you initial target cant really be determined first because you do really mind automatically on big numbers

which is really a very common behavior for a newbie to have thats why it would be more wise if you do mind on how to make out some profitable trades despite of the amount that you had able to get.

Never rush because it is really a bad idea to have that kind of mindset which would cause for some mistakes that you would commit.

Fakhrulenclix

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You said not to rush when trading, I was more concerned with the initial target when entering a trade. in trading I have a profit target, if it is achieved I often sell or close trades at once. I prefer trading management with the target technique, so I won't think I want more profit if the target has been achieved. since we cannot predict the market with certainty, this is a precaution so as not to regret it in the end.

Anguwa

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Indeed this is a perfect advice, but sometimes is good to sell in a hurry. If someone is in profit and really want to claim that profit, he/she will like to sell to claim that profit.

Quidat

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Quote from: Theones on November 13, 2021, 01:46:52 PM

Quote from: Hobo66 on November 13, 2021, 01:30:35 PM

If someone wants to begin trading, i believe the he should have a clear purpose and a strong desire to make money. Trading can be done in a variety of steps and procedure if you do not follow those processes you would not be able to make money. Rushing and anxiousness will not get you there to become successful. If you like to get effectible results you must have persistence and tolerance

Yes thats very much correct. You must have clear cut goal before you join the crypto trading. Those who think crypto is shortcut of becoming rich in very few days usually do such mistakes of panic selling. One more thing is that crypto trading isn't as simple as its looks like from outside. You need to be well equipped with patience and tolerance to get success here.

Usual mindset when you are a noob is to hurry up and making some profits but people would realize things up when they do experience out on how hard to predict the market when it comes on making out some position whether you do intent to buy or you do intend to sell.
You would be finding out the reality once you do make out some engagement on this market and find out that its never been
a simple thing for you to deal with.

Theones

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Quote from: Hobo66 on November 13, 2021, 01:30:35 PM

If someone wants to begin trading, i believe the he should have a clear purpose and a strong desire to make money. Trading can be done in a variety of steps and procedure if you do not follow those processes you would not be able to make money. Rushing and anxiousness will not get you there to become successful. If you like to get effectible results you must have persistence and tolerance

Yes thats very much correct. You must have clear cut goal before you join the crypto trading. Those who think crypto is shortcut of becoming rich in very few days usually do such mistakes of panic selling. One more thing is that crypto trading isn't as simple as its looks like from outside. You need to be well equipped with patience and tolerance to get success here.

Hobo66

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If someone wants to begin trading, i believe the he should have a clear purpose and a strong desire to make money. Trading can be done in a variety of steps and procedure if you do not follow those processes you would not be able to make money. Rushing and anxiousness will not get you there to become successful. If you like to get effectible results you must have persistence and tolerance

pragna

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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.

An experienced person in trading can not be hurry in his best trading. Actually sometimes we can not understand the candle of market so that people make hurry to sell or buy tokens. I think some times luck also does not favors for us so that we buy tokens with hurry. But i think we have to cool brain as its related to financial subject.

bakasabo

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Another great reminder are all those stories when user send several dollar worth transaction and pay tremendous fee. Such situations always occur when a person is in a hurry. Such "rush senders" suffer from disability to cancel transaction. Always remember that and remember that you are one click away from turning from rich to poor. This is the experience no one wants to get it, so learn from others.

Mauser

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This is a good reminder for all of us, never trade in a hurry. The market offers us opportunities every day, thinking that we need to react quickly of we will lose is just in our head. There is no need to rush a trade, better to be absolutely sure we are doing the right trade. Even if prices move and we missed out on an opportunity we shouldn't feel bad. That's the beauty of the crypto market, there will always be another chance.
Another thing is that crypto currencies like many other assets tend to move in cycles. So if we want to buy a particular coin for a certain price than we just wait for the prices to come back. Acting in a hurry is usually based on emotions rather than critical thinking. When it comes to trading a good strategy is important.

nur rochid

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Quote from: wajik-tempe on November 01, 2021, 11:39:56 AM

Quote from: ReiMomo on November 01, 2021, 11:28:16 AM

Have lost much in trading for just being in a hurry to sell / buy. Experience is indeed needed to eradicate this issue. Everyone will learn this as they move forward. Yes, I too have learnt it and yes, now a days, I never rush up even if the market seems yielding me profits if ever goes up. Invest a little and gain experience by yourself. Only your own experience will teach you more than just getting advice.

Yeah looking at the bullish market made us have too much confident because we almost win in every trade and in each trade, we add more money to trade and at the end ended up loss when the bear markets comes. Every trader must be pass this stage because it's hard to control the emotion when looking at the crypto market.
But for people who already have years experience on crypto markets, this could be overcome easily, we already know the market won't be this green every day and ready for bear market.

I have also experienced it, when we are too confident and win every trade, then we dare to buy more, so when a crash occurs, we regret to release it, so there is a panic sell and the profit we have collected is lost with regret, therefore Don't be easily satisfied, and always be alert

dificanovi

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Yes, we should not rush into trading cryptocurrencies. We have to look at the situation and conditions in the crypto market because we can get bigger profits if we act at the right time, for example, the price of ETH increases and then at a point the price of ETH doesn't increase anymore, then at times like this we have to sell some ETH for profit.
If we want to buy ETH again then we have to make sure the price of ETH falls further than the last ETH price, then that's the right time to buy ETH.

Evgenklm

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I believe that everyone has their own method, someone likes scalping and turns out well, someone likes futures or just buy a promising coin for the long term, situations are different. And I agree with the author that there is never a need to hurry, you can really hurt yourself.The main thing in this case is nerves of steel and endurance, as well as a cold mind.

zaesvlas

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In trading, there is no rush at all. It should be understood that the results of this may not be positive at all.

Topic: Never Be in a hurry - page 4. (Read 2289 times)