Topic: Never Be in a hurry - page 7. (Read 2226 times)
Yes, of course a trader should not rush into trading. Actually it is very important to set a target in trading, when the target has not been reached then the last way is to hold it. As you explained is advice for all traders, rushing only makes us regret.
Always be patient with whatever you are doing especially in cryptocurrency investment. Never be in hurry to buy or sell because it may affect you. I like to share my experience when I was very hurry to sell out my cion. I buy Bitcoin at rate of 30usd but I sold it when it pump 40usd because China was trying to ban cryptocurrency in their country. Now it has been a regret to me when I found out bitcoin market few days back.
There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
Trading isn't all about luck but sometimes there are those moments that we rely on it and think that we're lucky enough to sell at the right time.But that right time isn't actually luck, we're just on the right timing and it's part of your strategy and decision making so if ever you're not in a hurry and sell well by that time then you deserve the profit you're about to take.
Patience is what we need in order to succeed from this venue of investment, you are right that timing is helping with luck behind,
the chance is pretty high to achieved and earned from this venue of investment.
Many failed from the first stage of their journey because of many factors that affects their decision making,
greed and fear both can lead you to lose you money and your opportunities to earned from this business.
There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
Trading isn't all about luck but sometimes there are those moments that we rely on it and think that we're lucky enough to sell at the right time.But that right time isn't actually luck, we're just on the right timing and it's part of your strategy and decision making so if ever you're not in a hurry and sell well by that time then you deserve the profit you're about to take.
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.
I've come to treat my financial transactions with the same precision and meticulousness of a lawyer handling a murder case. I take all the time I need, and never allow myself to be pressured into hastiness. I do it that way because any slip could damage my finances just the same way a slip from the lawyer trying out a murder case could be disastrous too and send his client to prison. This is a perception I learnt watching Alan Shore on Boston Legal. Why the rush, I ask. I once almost slipped while selling Bitcoin as I forgot to add an extra zero and that would've been me selling far below the price. I think the price was around $12,000 and while selling the little Satoshi that I had, I mistakenly put the price at $1,200. But I was quick to realize that before I triggered the trade. It would've been a grave mistake.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.
Well, I do this when I suspect that the token would still go up after I sell but can't be too certain it won't dump in price. So, to be on the safe side I sell in batches in order to make sure I recoup my capital. But if there are clear indications that the token would dump, I sell all at once. There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
Even though it is widely known that Bitcoin and the other Top Ten Markets had their own potential, quite a few people are still not able to make money from them because of the volatility. Having a good trading plan in place is therefore very important. Strategies are the most important part of the business. Since the Bulls and Bears will never control, be prepared for all of the upcoming inconveniences. It does not matter whether the outcome is positive or negative, you should always be prepared. 
There are two sides. The rush can be negative, it can be positive. The most important thing here is that if you are lucky, you can rush to sell it because we never know when the pump will end. As long as you are not harmed please . Especially if you are a day trader. However, it can also have a negative impact if you misanalyze the coin you are about to enter.
These are everything that individuals have purchased before, driving them to silly costs, not on the grounds that they did anything helpful or delivered cash or had social worth however exclusively in light of the fact that individuals figured they could sell them on to another person for more cash later on
At the point when you make this sort of procurement which you ought to never do you are hypothesizing
At the point when you make this sort of procurement which you ought to never do you are hypothesizing
These advice are solid. In addition, I will like to say that you must understand the difference between urgent, important and less important entry. Sometimes in trading, you may discover that a certain coin is oversold and that will not be the time for you not to be in a hurry. You must buy as a matter of urgency. You must be able to apply these actionable activities in different coin prices scenarios!
Haste in this industry only leads to mistakes. This is really a law, which is confirmed by cases.
Making a profit in trading is an obligation but also one should not rush into trading that is said. Trading requires careful thinking and also a calm attitude in it so that we can decide the right time to buy or sell the coins. if we trade well, be careful and not rash then we can get as much profit as we get. don't forget to also see and analyze the market so that we can continue to monitor the ups and downs of the crypto market.
You are absolutely right taking things not in a rush is the best , take time me and be watchful how things go will make better difference. Take time to learn from experience of others
Depends ,the situations when human in hurry ,like you need to sale it ,the value will decrease ,example the more you got accident need but if hurry because of ,slowly but surely the way to remember
I will agree, the situation you are in will dictate the tempo. But looking at the charts once again we can see that long runners benefit from time to time, without hurrying, simply by being patient and stacking sats whenever we can is paying off!
On the other side with daily trading, risking with some new coins and low ranked coins that are if often a subject of some kind of manipulation, for this kind of trading you need to hurry and buy/sell on time if you don't do it you can end up with a big loss or some stack of worthless coins!
There are a few peculiar situations where you actually need to be in a hurry, and other times when you need to be calculative. If it's in trading, I'd hurry up when there's a "need" to exit a very bad trade that you didn't set a stop loss to. But if it's on investment with crypto currency, consider the duration first you wish to HODL(Long term or short term) and stick to it. If it's a long term investment that you just entered, then there is no reason to be a hurry.
Depends ,the situations when human in hurry ,like you need to sale it ,the value will decrease ,example the more you got accident need but if hurry because of ,slowly but surely the way to remember
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.
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.
Selling in a hurry is depend in the situation, especially if the price increase so well where you need to sell it to get profit.
That is why, Timing is very important to this matter anyway. Patience as well, and self-discipline are the good combination for us
to earn nicely in the future.
I am not in a hurry to buy any coin. There has been a lot of loss for buying coins in a hurry. So I have become careful. I bought the coin after thinking a lot.
So you should know everything before buying coins
So you should know everything before buying coins
That's right. We just need to know when is the right entry and exit for every trade. It's a series of many trades, we need to be consistent not just how much we gain profit. If the market is bullish and it's not advisable to make the entry, then we should not but we should wait for the correction. We must also stick to our trading plans, and don't emotion judge us whether we might missed out. We can proceed to another trade if it satisfied us with the gain we had. Every traders have their own timeline, not everybody have the same strategy, indicators used, capital and profit percentage that we set. We should not greed and just satisfied with the profit we earn.
If you can't analyze the trading charts properly it's better to hold on and wait. Some traders think that trading is more profitable but there are some risks associated with it and sometimes there are losses as well therefore it is very important to adopt a proper strategy and perform it perfectly considering whether the trader is trading for short term or long term becoming proficient in time analysis is the key to success in trading. Trading charts are valuable for time analysis and show price movements at regular intervals it helps traders to decide on open positions and make future trading plans therefore you have to search the market well without rushing.
Money making is very hard job in today's world specially in trading. Buy in lower point of any coin and hold for sometimes because holder wins the race. Their is not any place for emotional trader who accumulated in mind day by day. Every project has to give some time to grow in market or price so be relax and you will get definitely huge profits.
Thats very true. I hurried to buy the dip last Sunday because I thought it will shoot back up again after the dive but it went further down below. This is really what it means when you are in a hurry to make money from the dip and never even trying to find out the reason for traders to dump.
Now that I have checked the chart, I guess I could wait for the price to dip to $45K before buying some altcoins I have been waiting for. IF this ain't going to happen though, I wouldn't be buying anything.
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