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Topic: Never Be in a hurry - page 8. (Read 2289 times)

copper member
Activity: 770
Merit: 1
April 23, 2021, 08:21:38 PM
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.
sr. member
Activity: 1232
Merit: 379
April 23, 2021, 05:49:31 PM
Why should you be in a hurry when it's not advisable to be emotional when entering trades, the only perfect way to become a good trader and have good trading skill is to avoid been in a hurry as you have experienced. At first, when I was new into trading, I stepped out to be the worst trader ever untill I became more intelligent and understood the market very well.

While the market goes down, that's a great opportunity to acquire more coin, a new trader will get feared and worrisome selling off his/her coins, never be feared or be in a hurry when entering trades, take time and study the market and run research before buying coin.
full member
Activity: 1140
Merit: 103
Buzz App - Spin wheel, farm rewards
April 23, 2021, 02:45:01 PM
Never be in hurry sometimes because of our greed we will become more rush in making some decision, in trading we need to select the best coin to trade so that we can earn profit same with investing before we invest we need to search or look at the background or the team behind the coin and we also need to look for its legitimacy, because if we are in hurry we can posibly loss or become a victim of scam specially in ICOs there are so many scam in cypto right now, so we need to be more careful and never be in hurry.
hero member
Activity: 2464
Merit: 519
April 22, 2021, 03:13:10 PM
There another signal that could be very important while investing; knowing when whales are selling, they most times they are accessible to information bag holders dont have. When a large movement or trade of altcoins are noticed it is a signal to short. The same principle will indicate the height of this bull market when the price is up and more bitcoins are moving to exchanges. Its a money game and we are suppose to short term with coins and longterm with Fiat.
sr. member
Activity: 1050
Merit: 252
April 22, 2021, 11:24:48 AM
When you are new in trading, you will certainly get nervous and start getting in a hurry when the market goes against you, you can overcome such behavior if oh have been trained either by tutor or self experience, this in turn can help you go through all kind of stress and confidence when trading, truly, trading does not require you to be in a hurry as this will only cause

Patience always needs to be inside you when you are dealing to this business, rushing everything without concrete knowledge will only leads
you to a disasters, a lots of traders lose their investment because of this uncontrolled emotions,
You have to be precise with your position and not just be easy to move whenever the market turns against you. Experienced and more practice
will established you from avoiding this mistake over and over.
hero member
Activity: 1302
Merit: 503
April 22, 2021, 11:13:29 AM
When you are new in trading, you will certainly get nervous and start getting in a hurry when the market goes against you, you can overcome such behavior if oh have been trained either by tutor or self experience, this in turn can help you go through all kind of stress and confidence when trading, truly, trading does not require you to be in a hurry as this will only cause
- The rush starts from the contradictions that the market brings, we can only cool this heat with continuous experience, familiar with the trend that will help us reduce the rush. Except for this reason, another pressure is profit target, it is very rare for people to be able to clearly define their goal with respect to a plan, sometimes their plans are broken by growth spikes, profit taking is often a mistake and needs to be considered, to deal with these two reasons thoroughly, we will surely mature in a way no one would ever expect in trading.
sr. member
Activity: 1218
Merit: 279
April 22, 2021, 10:51:29 AM

To maintain a clean earning records consistent learning should be adopted for cleaner sheet. Do a review of previous trades and taking corrections from wrong entry point and wrong analysis.
When you are new in trading, you will certainly get nervous and start getting in a hurry when the market goes against you, you can overcome such behavior if oh have been trained either by tutor or self experience, this in turn can help you go through all kind of stress and confidence when trading, truly, trading does not require you to be in a hurry as this will only cause
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
April 22, 2021, 03:29:13 AM
prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
Trading is all about loose and gain but its more better when your gains can cover up for your losses. Trading requires consistency and patience. And placing an amount you can afford to loose at any point in time.

To maintain a clean earning records consistent learning should be adopted for cleaner sheet. Do a review of previous trades and taking corrections from wrong entry point and wrong analysis.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
April 22, 2021, 01:52:32 AM
I think what is the matter is when people panic. Because in some condition we forced to get hurry especially when we know and not buy yet a pumped coin and then sell it immediately when pump still happen. It works for some traders, but once you get panic and made a mistake, it can make you really regret.
hero member
Activity: 2940
Merit: 613
Winding down.
April 21, 2021, 05:59:56 PM
I could say, "it depends on the situation".
It also matters how you approach the market. Just like this current situation where correction just comes in a very limited time, if we are going to catch it better make to hurry. But of course, as a usual strategy, think first before you are going to do that and must be planned ahead of time. Otherwise, you will just fall into the trap that is waiting for you.
hero member
Activity: 3080
Merit: 603
April 21, 2021, 04:09:38 PM
I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
You should hurry if your goal is to buy at the dip and whenever you see that coin goes into a correction, you should be in a hurry before it recovers. The market is quick in recovering that's why that's all you have to do but patience requires for those who wants to take profit. You might sell at a profitable price but if you're too sensitive in profit and you've experienced a lot of times that the price goes higher afterwards, that's when patience will come in upon selling.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
April 21, 2021, 04:01:20 PM
Definitely making decisions in hurry will not help in making profits out of crypto trading. We must react based on what we have planned prior to entering into markets. Sticking with plan always helps.
If you ask me, even professional traders do get into hurry but not for decision making but they will plan up how they need to prepare themselves for current and future market situation. I mean everything should be done well in advance in trading so that you could tackle all the market fluctuations.

It might not be simple but once you are fully aware on how this market works or behaves then you can really set out your own plans without panicking that much.
Yes, when we gain experiences then everything will become a habit. So, it means only the initial routine will be harder. At the same times, it does not mean that we can stay relaxed after gaining some experiences. Continuous learning is more important in trading so that we can stay updated and can tackle markets profitably.
legendary
Activity: 3094
Merit: 1127
April 21, 2021, 03:13:08 PM
I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
When you're dealing only with highly valuable/reputed coin then there will be no reason to get panic whenever you're facing wild market fluctuations. When market goes as per our expectation then people definitely stay calm but whenever they are finding market is going against their prediction then they are losing control over their emotion and taking whatever decisions based on what they just see.

Definitely making decisions in hurry will not help in making profits out of crypto trading. We must react based on what we have planned prior to entering into markets. Sticking with plan always helps.
But there are calls which do really able to save our ass on and making the right decision based up those panicking mode.Yes, it might not really be that recommended because staying up on your
plan should always be prioritize but there are situations where you cant really just ignore your emotion and freak out when you do see wide swings in prices.Experience is one of the factors
or things that would really be needed for you to have in control in times like these.It might not be simple but once you are fully aware on how this market works or behaves then
you can really set out your own plans without panicking that much.
legendary
Activity: 2464
Merit: 1102
April 21, 2021, 02:42:50 PM
I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
When you're dealing only with highly valuable/reputed coin then there will be no reason to get panic whenever you're facing wild market fluctuations. When market goes as per our expectation then people definitely stay calm but whenever they are finding market is going against their prediction then they are losing control over their emotion and taking whatever decisions based on what they just see.

Definitely making decisions in hurry will not help in making profits out of crypto trading. We must react based on what we have planned prior to entering into markets. Sticking with plan always helps.
sr. member
Activity: 1050
Merit: 252
April 21, 2021, 02:02:05 PM
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.

That's right! I tried many time losing because of always be in a hurry to sell and buy. Sometimes I'm chasing the price which is not good idea because you will surely lose. Because of my trading experience I learned a lot and step by step my trading ability increase a little bit. In trading we always need to have a target value to reach and don't be in a hurry, just wait patiently until your order reach so that you can earn profit and can avoid loses. Also, in trading you don't need to be greedy and instead of regret, just be grateful if you earn a small profit than nothing.

Doing your research and study the market condition before stepping into it is very important, though mistake mostly happened but it teaches us as well. You need to make sure to understand how things work inside and allow yourself to adopt everything.
Afterwards you'll see progress and you'll not be chasing the price from time to time, patience is the key factor for your success needs to learn
how to work it out correctly.
member
Activity: 518
Merit: 33
April 21, 2021, 01:55:47 PM
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

Yeah, I remember the days that I was like that and I simply couldn't wait and stay in Fiat and wait for that perfect buying opportunity when everyone is panic selling, and it's not a pleasant experience to quickly get into some loss as a result or miss out on buying way on a way lower price which could minimize your risk and give you better r/r. for your trade or investment.

And I learnt that you have to experience some loss because of wanting to be in a position all the time to change your way, it's kind of like an addiction and it just always push you to get on a trade after another even in the back of your mind you're sure it's not a good decision that you're making.
full member
Activity: 1358
Merit: 104
April 21, 2021, 11:59:45 AM
I think, Keep patience is the most important for trading. When you buy some valuable coin,Then you have to some patience.Never hurry to buy and sell.So you need to control your emotion.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
April 21, 2021, 11:35:04 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.

That's right! I tried many time losing because of always be in a hurry to sell and buy. Sometimes I'm chasing the price which is not good idea because you will surely lose. Because of my trading experience I learned a lot and step by step my trading ability increase a little bit. In trading we always need to have a target value to reach and don't be in a hurry, just wait patiently until your order reach so that you can earn profit and can avoid loses. Also, in trading you don't need to be greedy and instead of regret, just be grateful if you earn a small profit than nothing.
jr. member
Activity: 187
Merit: 1
Sinjokubhi
April 21, 2021, 11:27:44 AM
Patience and discipline is the key. It is vital to not to make decisions based on emotions. Make the plan well, enter the trade and out as planned. Stick to the plan very end.


Emotional control is needed in trading. It is true, we need patience and discipline, because when we want to achieve a target, we have to do it in a timely and orderly manner. Moreover, you are a day trader, discipline is needed when you trade directly. Discipline is accompanied by patience, that is the right combination, discipline requires patience and patience requires discipline. Because, if we just rely on that one emotion, I don't think it will be balanced. For example, you always make a very disciplined trade according to the schedule you have set, but in that trade you are very reckless and in a hurry when selling currencies. Then, you regret that you are too quick to sell coins because it turns out that the price continues to soar from your selling point. But, somehow we have to be grateful for what we get. Don't expect big profits, be grateful for the benefits you get. Don't be too greedy for big profits, it will blind you to the risks which are just as big when you expect bigger profits.
member
Activity: 147
Merit: 21
April 21, 2021, 10:31:17 AM
Patience and discipline is the key. It is vital to not to make decisions based on emotions. Make the plan well, enter the trade and out as planned. Stick to the plan very end.
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