Author

Topic: Stay off any missed opportunity (Read 327 times)

legendary
Activity: 3276
Merit: 2442
March 17, 2024, 02:30:42 PM
#35
You could have just said:

"Don't FOMO."

Basically, don't chase a train which already left the station. You won't catch it. I am not necessarily talking about BTC. You can take this idea and apply to any other asset. If Gold rose too much, it is not the best time to buy gold anymore. Leave it and look for other opportunities. Just because you missed an opportunity, doesn't mean there won't be others. You just don't know how to identify opportunities and that's why you missed the last one. People miss opportunities all the time. Even the so called pros miss them.

You need to catch 1 or 2 good opportunities to make a home run.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
March 17, 2024, 02:21:02 PM
#34
Well, it depends could be that the reason for the price rise is because they are cooking something up and they are up to something and a lot of people are buying it with the chance of it increasing more in price. It is really hard to time the market so you should be careful and aware of what you are going to do. Better believe in what you are going to invest in. There would be a lot of opportunities now for the market and I think there are a lot of opportunities to build up.

This is why one should never FOMO and buy tokens and coins that they see are constantly rising because they are mostly traps and you will probably get your capital stuck in them if you make the mistake of buying during these times. Some exchanges would warn you before you make a purchase by telling you that the asset is extremely volatile and there is extreme risk if you trade this asset and you should make sure you understand what you are doing.
After reading such things, one should have a general idea that what they are going to do can be costly if they don't understand what they are doing.
legendary
Activity: 3052
Merit: 1281
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March 17, 2024, 01:25:06 PM
#33
The profit from investing in cryptocurrencies is in buying, not selling. If you are buying at a high price or in an upward trend, you will most likely not achieve any good profits. Therefore, pay attention to the buying price more than the selling price and always try to buy when the price is low and there is a high possibility that the price will rise. In the coming days, there will be burning of currencies or listings, but as soon as the price begins to rise, do not try to invest unless it is short-term, within an hour or two, and in small amounts.

Isn't the profit realized in selling?  Investors cannot realize their profit if they just keep buying and do not intend to sell.  It is good to buy low and sell high but in case an investor bought at a higher price, he should set a target selling price to realize profit.

One example is when an investor bought Bitcoin at its ATH in 2021, obviously it is hard to profit since Bitcoin after hitting its ATH often transition to bear market.  As long as the investors set a target price to sell and stick with it, his can realize his profit by selling his holdings when the market hit his target price.



@OP in the Bitcoin market, it always open opportunity for every investors who missed out on its previous cycle.  Please be reminded that after the Bitcoin bull run and achieving its ATH, the market of Bitcoin tends to enter the Bear market, and its market plummets to a certain percentage which can be an indicator for market entry or re-entry (for those who sold their holdings during bull run).

So the title of this thread is probably not applicable to the Bitcoin market since there is always a chance to enter the market and get profit every Bitcoin cycle.
hero member
Activity: 1400
Merit: 674
March 17, 2024, 12:57:46 PM
#32
In short, do not buy during bull runs and accumulate when no one is interested in buying. This is highly applicable in established coins, not so much on coins that have appeared recently. Bitcoin, ETH, and other such coins will always have a huge market no matter the market conditions are. People will always trade them so you can accumulate when it's at its lowest and receiving lots of negative news everywhere. It's a simple concept but worth keeping into mind if you want to save yourself from huge losses.
There is a very interesting term that I apply in this case "Buy when others are afraid and sell when others are greedy" it will bring a little equation why we should not carelessly buy when bullrun, especially on coins that are already over-valued from their value it will be very dangerous. This can also be attributed to bitcoin or ETH, I collected it during the bearish and people were still afraid of it, and that was the right time to buy coins that you considered very potential, including the altcoins, but this depends on the views of each in seeing profitable trading opportunities in the long run, maybe our glasses could be different.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
March 17, 2024, 10:58:47 AM
#31
Well, it depends could be that the reason for the price rise is because they are cooking something up and they are up to something and a lot of people are buying it with the chance of it increasing more in price. It is really hard to time the market so you should be careful and aware of what you are going to do. Better believe in what you are going to invest in. There would be a lot of opportunities now for the market and I think there are a lot of opportunities to build up.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
March 17, 2024, 10:45:02 AM
#30
This is definitely a good suggestion and I support it. I have seen way too many people lose money because they saw something go up and they wanted to follow it and make more money while it goes up and yet the yare too late and the price already peaked so they just hold something that is going down. I get that it is not easy to find the most profitable thing, but it is also quite important to realize that you are going to make money from buying low and selling high, not buying high and selling higher.

This means that people who are fearing that they are missing out on making a profit, usually get hyped about the wrong thing and causes it to be wrong. I personally think that the best thing to do would be just letting it be.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
March 17, 2024, 05:49:53 AM
#29
just wait for another opportunity than to do anything that will make you lose money.
A reason why a missed opportunity is called a missed opportunity it is because after the opportunity has been missed any attempts to try and chase the loss will result in a loss for you. Missing an opportunity should teach you the lesson of being more on the lookout for new opportunities, and also will make you ready to take opportunities whenever you're able to spot one. People who miss opportunities and then realize that they made a mistake missing those opportunities, and then learn the lesson are able to do better next time whenever another good opportunity presents itself. Opportunity in the crypto environment does not come once, opportunities will occasionally present itself in the market, it is for the trader to know how to take advantage of it.
When someone has several times missed the opportunities that are in front of them, of course they have to learn from the mistakes they made and don't repeat them again when they get the opportunity because if they repeat the same mistakes on another occasion, they really won't be able to learn from their mistakes and This makes it difficult for them to make a profit and it would be better for them to learn again how to take advantage of every opportunity they have gotten and with the knowledge they have of course they will be able to easily find out the opportunities they have got so they will be able to seize the opportunities they have. was before them.
I believe more opportunity will keep coming so we don't have to depend or relent on the lost ones.
We need to keep doing what is going to bring more opportunity for us so we don't just end up losing and depending on opportunity that would not profit us. We need to keep making money in the market so that we don't finally lose our from holding ans making money from the market. It is good we keep searching for opportunity so that we can earn more from the market without stress our delays.
legendary
Activity: 3080
Merit: 1353
March 16, 2024, 05:41:57 PM
#28
I don't know if here is the right place for this post,  but if it's not, please redirect it,.
For the short time I have been into this crypto industry, I have observed and experience many things, especially when trading the spot market, it's very important that you stay off any missed opportunity,  like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.

In short, don't buy when the price is already high, yeah, this is one of the basic tenant of trading, we only buy when there is blood on the streets, meaning the price of a certain coin is going down hard and spiraling to it's death. But perhaps this coin will have a chance to grow it's that there are negative news about it that's why the price is plumeting.

As compare to regretting not buying a coin and suddenly it goes up. You can't do anything about it, maybe you have done your research but it's just your timing is off. Learn from those kind of experience and then apply it to other coins. Investigate, DYOR and base from your past experiences then buy it and see how it goes for you and we really need a lot of patience in this kind of market as it is very volatile and usually it will not go in your way. Timing is everything here.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
March 16, 2024, 05:32:57 PM
#27
just wait for another opportunity than to do anything that will make you lose money.
A reason why a missed opportunity is called a missed opportunity it is because after the opportunity has been missed any attempts to try and chase the loss will result in a loss for you. Missing an opportunity should teach you the lesson of being more on the lookout for new opportunities, and also will make you ready to take opportunities whenever you're able to spot one. People who miss opportunities and then realize that they made a mistake missing those opportunities, and then learn the lesson are able to do better next time whenever another good opportunity presents itself. Opportunity in the crypto environment does not come once, opportunities will occasionally present itself in the market, it is for the trader to know how to take advantage of it.

Every trader has their own way or strategy to take or seek profit in every situation and condition but not all of them really understand or know about how to minimize the possibility of risk as those who chase losses to recover, but something that is missed does not mean a loss because you do not lose money but only miss the possibility of profit. For me, missing or losing an opportunity is something that can happen when you lose focus or don't pay enough attention to the market so that you miss the opportunity to make a profit according to the method or strategy you have.

As the OP said that it is better to wait for other opportunities or opportunities because the market will continue to move which means you will be able to find many other opportunities that match the strategy you have to make a profit, but the problem is only focusing on one market which is where he lost the opportunity, this happens because they feel quite disappointed with themselves because they have missed an opportunity that should be a good opportunity to make a profit that in the end the focus can be disturbed which makes them try to create an opportunity that is actually not an opportunity that matches the way / strategy that they have to make a profit so because of this mistake they experience a number of losses because they try to take advantage of something that is basically not a real opportunity / opportunity. So it is better to look for other assets and wait for the real opportunity, your patience is the key.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
March 16, 2024, 04:46:06 PM
#26
I don't know if here is the right place for this post,  but if it's not, please redirect it,.
For the short time I have been into this crypto industry, I have observed and experience many things, especially when trading the spot market, it's very important that you stay off any missed opportunity,  like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
As they say, "don't catch the falling knives".

I've done that before and thought that it's a good idea but in the end, I'm always getting stuck when I have to cut loss or else I have to go with the further losses because of the wrong entry and buying at the top.

Many investors and traders does this and for this reason, many are discouraged to go on with the newer projects. Unlike if we just DCA our favorite crypto to HODL, we don't have any problems from doing so and we'd be happy to keep as much as we can.
legendary
Activity: 3542
Merit: 1352
March 16, 2024, 04:40:37 PM
#25
In short, do not buy during bull runs and accumulate when no one is interested in buying. This is highly applicable in established coins, not so much on coins that have appeared recently. Bitcoin, ETH, and other such coins will always have a huge market no matter the market conditions are. People will always trade them so you can accumulate when it's at its lowest and receiving lots of negative news everywhere. It's a simple concept but worth keeping into mind if you want to save yourself from huge losses.
hero member
Activity: 2156
Merit: 670
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March 16, 2024, 03:46:37 PM
#24
..like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.
These are basic facts and things that many people or especially beginners should know. But, in fact, there are many newcomers who come to crypto to buy coins that are currently hyped and even at the top, without knowing what phase will occur in these coins. Finally, we know that most of the coins that are currently on the top, if only based on hype, then the situation will be volatile.

Then, what happen?? In this case, the coin or token market will immediately reverse direction, drop, and not come back again. So what? Yes, losing money, for newcomers, they will regret and blame crypto. This seems like a normal thing that happens. In fact, their lack of understanding and perhaps their unwillingness to study first to be better prepared, was the cause of their failure at the start.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
Every person has that opportunity, and it will depend on each person to take advantage or optimize that opportunity. However, in crypto, this will also depend on how we as individuals can master it first, so we can determine the next steps. Every information shared by many people here or in other forums can actually become very valuable information. However, unfortunately, not all people receive this information.
On the other hand, there are several things that sometimes make someone fall even more when in crypto, one of which is a very thin level of patience and on the other hand, a fairly high level of greed.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
March 16, 2024, 12:57:30 PM
#23
People forget that they need to follow the basics. Just follow the simple economics while investing in Bitcoins. No more thing is a big opportunity than this. Buy when the price is low and sell after a certain target is reached. Easy like that. Now if you greed more in the meantime or don’t show patience, then of course you will make losses. Crypto is all about opportunity and each and every moment creates an opportunity, we just need to show faith, give time and invest sincerely in it.
full member
Activity: 462
Merit: 205
Duelbits.com
March 16, 2024, 12:07:09 PM
#22
The profit from investing in cryptocurrencies is in buying, not selling. If you are buying at a high price or in an upward trend, you will most likely not achieve any good profits. Therefore, pay attention to the buying price more than the selling price and always try to buy when the price is low and there is a high possibility that the price will rise. In the coming days, there will be burning of currencies or listings, but as soon as the price begins to rise, do not try to invest unless it is short-term, within an hour or two, and in small amounts.
This is one of the best advice you can get in the cause of trading or investing in cryptocurrency because that's like one of the best way towards profitability with your crypto assets and even generally out side cryptocurrency in other business in generally the prices at which you bought any commodity is very much important because it will really affect your profitablity with such a goods when you want to sell them for profit, if you did buy them at a high price definitely selling higher becomes a problem if there isn't inflation in the economy as at the time you would want to sell thereafter.

Trading for profit will really a whole lot to do with your entry or buying price except you are invest in the long term which will means you will have to leave the asset to still retrace and trade a bit above it's initial price where you bought and that will means exercising some kind of patience again but if you are investing for the short term then it's really important you mindful of your entries.
sr. member
Activity: 924
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March 16, 2024, 11:11:42 AM
#21
just wait for another opportunity than to do anything that will make you lose money.
A reason why a missed opportunity is called a missed opportunity it is because after the opportunity has been missed any attempts to try and chase the loss will result in a loss for you. Missing an opportunity should teach you the lesson of being more on the lookout for new opportunities, and also will make you ready to take opportunities whenever you're able to spot one. People who miss opportunities and then realize that they made a mistake missing those opportunities, and then learn the lesson are able to do better next time whenever another good opportunity presents itself. Opportunity in the crypto environment does not come once, opportunities will occasionally present itself in the market, it is for the trader to know how to take advantage of it.
hero member
Activity: 3220
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www.Crypto.Games: Multiple coins, multiple games
March 16, 2024, 11:08:33 AM
#20
I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
This most have happened to a number of people in the crypto market and this is because most users of cryptocurrency are of the believe of making it rich after a one or two trials, they fall for the news and FOMO while they’re been used to clear liquidity. Any missed opportunity was never meant to be yours, trying to follow up and thinking that you still have chance to make something out of it, could make you lose everything. Instead of doing that, wait for another opportunity to buy at a low price and sell when the price begins to rise.
Most trades, especially newbies, don't understand such things, they jump right in when they see a coin or a token is going straight up without thinking that what goes up has to come down as well, and what if they see it dropping back once they bought? And that is what happens most of the time because they become the exit liquidity for those who already bought earlier just as how OP described it.

We all have been victims of FOMO at some point during our trading careers because no one was an expert right at the beginning, everyone has to experience, learn, and grow. However, these days, a lot of information and resources are readily available for newbies to read from and they should also learn from the mistakes of others.
full member
Activity: 532
Merit: 163
March 16, 2024, 10:37:51 AM
#19
When it comes to investing in crypto currencies we must invest carefully when the market in crypto currencies is down. Many times it is seen that we make a profit by investing in crypto currency but we don't have a little time to make a little profit and then we sell it. It turns out that the loss is more than the profit. When it comes to investing in crypto currency we must have a long term plan to check the market then we have to invest.
full member
Activity: 364
Merit: 158
March 16, 2024, 06:11:28 AM
#18
I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
No one is perfect, and what makes someone to be identified as a trader is when he sees those opportunities and hits it hard by taken a chance. Missed or no missed opportunities if one gets to see a shot 50/50 and wont be emotionally down if he loss in that shot then he should take it. It is worth it.

Patience is also key. But waiting too long will make one loose opportunities that will come. Just like waiting for price to go down to a certain level before they enter. For an investor patience is perfect. Which it is certain that buying consistently  and as well holding for long will yield greater result in the future.
hero member
Activity: 770
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Leading Crypto Sports Betting & Casino Platform
March 15, 2024, 05:34:40 PM
#17
I have actually had those kinds of terrible losses in the past, but it was my lack of experience that made me become a victim to those kinds of terrible losses. Sometimes too, any trade that seems like a missed opportunity can actually become profitable, but the trader just needs to be very active on the trade so that they can know when to stop losing and take profit. In those kinds of trades, it's not wise to stay too long with the hope of making too much profit. Also, let's let a trader who still wishes to take such a risk invest only the amount that they are ready to lose.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
March 15, 2024, 04:33:27 PM
#16
Know that crypto opportunities are vast in the market. If you missed one, obviously there are still a lot of opportunities coming your way, you just have to wait patiently and determine if they really are opportunities to be in profits or opportunities to lose your funds. Sometimes, opportunities can be deceiving, just like you were deceived by your own greed in the market.

Chasing profits is good but you should also put it in timing. Trading has certainly its own timing, if you fail to recognize that, you might end up trading at a loss price.
sr. member
Activity: 532
Merit: 250
March 15, 2024, 03:40:14 PM
#15
I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.

This most have happened to a number of people in the crypto market and this is because most users of cryptocurrency are of the believe of making it rich after a one or two trials, they fall for the news and FOMO while they’re been used to clear liquidity. Any missed opportunity was never meant to be yours, trying to follow up and thinking that you still have chance to make something out of it, could make you lose everything. Instead of doing that, wait for another opportunity to buy at a low price and sell when the price begins to rise.
full member
Activity: 476
Merit: 227
March 15, 2024, 10:27:54 AM
#14


Obviously, why would anyone buy such a coin that has already gained a lot in its price these kinds of coins we should avoid to invest these because they have already gained a lot of value. We should buy/invest in those coins that are currently trading at a lower value and they are good projects i mean to say if you see a good future value in these projects that are currently trading at the lower value you should consider to invest in these kinds of projects. In the Space of cryptocurrency we should keep in mind one thing that earning a lot of profit is not the trick but making a small amount safe is the trick rather than waiting and booking them at only once because in this way we can lose the whole of our portfolio into the negative red colour.

I am saying this because let's say you have bought such a coin that already has gained a lot of value and it starts to suddenly crash after your entry into that specific coin then you have to wait a long period of time to cover your loss from that coin. That is why we should stay away and stay safe from these kinds of step. One more thing to keep in mind is that nobody knows the 100% accurate action of the market that may happen in the coming time maybe it can lose its value or gain as well. But we should consider our risk management as the first priority by not taking entry in such coins. DYOR!
sr. member
Activity: 2828
Merit: 344
win lambo...
March 15, 2024, 09:35:09 AM
#13
Understanding the market condition is vital especially if we are trading. The volatility of the market is one reason why people make good profits (and losses). The usual thing we do in trading is to buy low and sell high, not to buy high and sell low. It means that once missed the chance to buy this coin at a cheaper price, we don't have to think of buying it at a high price. Yes, it was not recommended because most of the time drops come next after the pump and we find it a normal situation in the market since before.

Like what happened to meme coins where a lot of people are buying during its hype and many of them lose their money due to sudden price collapse making these investors sell their coins even at a cheaper price.
hero member
Activity: 2506
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Eloncoin.org - Mars, here we come!
March 14, 2024, 08:50:38 PM
#12
I don't know if here is the right place for this post,  but if it's not, please redirect it,.
For the short time I have been into this crypto industry, I have observed and experience many things, especially when trading the spot market, it's very important that you stay off any missed opportunity,  like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.

There is a specific term used for what you are trying to explain, it is called FOMO which stands for Fear Of Missing Out. When a person sees a cryptocurrency has gone very high and is still going, they know they have missed the opportunity to ride the wave but they think of making a quick entry followed by a quick exit with some profit, but when they make the entry, the cryptocurrency starts losing value because it is already overbought.
I have had a lot of such experiences as a newbie in the market, and I still remember how much money I used to lose because of FOMO in new and old tokens because I didn't know about all these things and I used to think that is how you earn money in trading.
hero member
Activity: 2212
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Top Crypto Casino
March 14, 2024, 05:46:53 PM
#11
The point that OP is trying to make cannot be overemphasized. I see it happen daily in the market. Today, you see a project at a certain price zone but didn't bid or buy in. Next time, you see that the price has risen, possibly by a lot. Then you try to salvage the situation by buying at current price with the hope to make a quick % profit.

Well, I relate to that because it has happened a lot of times to meet and it often ends badly when I try to chase the price only to end up being exit liquidity for others to take profit. It sounds funny but in hindsight, it isn't. This happens in the forex market as well not just the crypto market. In crypto, I'd be careful with narrative notions too. "Oh memecoins are pumping" — buys memecoins. "Oh AI tokens are the shit now" — buys AI tokens. That too is bad.
full member
Activity: 1484
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★Bitvest.io★ Play Plinko or Invest!
March 14, 2024, 05:36:43 PM
#10
My definition os opportunity in trading is that you are the one that will make your own opportunity, meaning based on your analysis or decision you are the one that will determine it if you will earn from a trade or not and the result will of course baded on your execution, bitcoin or any crypto currency market has a very volatile market so the opportunity is limitless, but of course there are what we call trends so it is really necessary for a trader to work on his/her own knowledge and decision making and of course your experience, no one become a trader is being a professional and can achieve 50% win rate in trading in just a short time, you will need experience as experience is the great lesson of all, that's when you will discover and adopt things, so don't be frustrated if in your first year you have a few wins, instead focus on developing your skills.
sr. member
Activity: 686
Merit: 398
March 14, 2024, 05:13:44 PM
#9
There is a mistake that most people usually make in terms of buying and selling highly volatile assets, which most of the time leads them to lose a large amount of money. They might not be able to recover, and this mistake is that a trader might be able to have a good entry point, which they bought very low, and they set a selling price.
 
The coin eventually hit that target, and the order was executed eventually, but upon checking the price and chart, they believe the coin will go all high again.
 
Instead of waiting for the perfect time to pull back, they rush and buy at a high price, which means both the profit they made and their first capital will all go in. Instead of the coin pumping back in as they expected, they started seeing the market go sideways. Such traders are always inpatient, and they can sell in a hurry even when they are encountering losses.
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
March 14, 2024, 04:04:00 PM
#8
I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
There is always a temptation to pursue missed opportunities. In gambling, we say it is chasing losses. If you have crypto friends, it is not uncommon to see things on their status like, "This coin is hitting its ATH and here's me sidelined. Premium tears."

The opportunities in the crypto industry is limitless. And like you said, everyone should cultivate patience and discipline, rather than succumbing to the fear of missing out (FOMO) or the desire to recoup losses from a missed trade. An individual who has this perspective will overcome impulsive decisions and ultimately preserve their capital for more promising opportunities.

If you will feel such emotion, you may panic because you think you are missing out and the tendency to invest without so much thinking about it is there. Should not jump on the hype but instead think of your own financial capabilities. FOMO in the market will always be there. Now, it depends on the people how they will act on it.
legendary
Activity: 1526
Merit: 1359
March 14, 2024, 03:47:45 PM
#7
For the short time I have been into this crypto industry, I have observed and experience many things, especially when trading the spot market, it's very important that you stay off any missed opportunity, ~

I get it.  You are new to crypto, and it shows.  When you first start out with crypto trading, the volatility can feel intimidating and  those huge price swings on the spot markets seem daunting if you dont understand them.  But the thing is - rather than fearing the waves, try riding them instead! Sure it is annoying to miss those early pumps.  But many coins keep climbing after an initial surge.  If you automatically jump ship just because the price went up, youre missing out on potential longer-term gains.

Now I am not saying you should blindly FOMO into every pump and get wrecked.  You gotta be smart about this.  Do your homework, learn to spot real trends versus temporary spikes, and dont be afraid to take a position even if the price has already moved.  There is a healthy middle ground between fearing every rally and FOMO.  Learn the difference and those intimidating spot price swings start looking a lot more attractive.
sr. member
Activity: 728
Merit: 444
March 14, 2024, 10:28:51 AM
#6
I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
There is always a temptation to pursue missed opportunities. In gambling, we say it is chasing losses. If you have crypto friends, it is not uncommon to see things on their status like, "This coin is hitting its ATH and here's me sidelined. Premium tears."

The opportunities in the crypto industry is limitless. And like you said, everyone should cultivate patience and discipline, rather than succumbing to the fear of missing out (FOMO) or the desire to recoup losses from a missed trade. An individual who has this perspective will overcome impulsive decisions and ultimately preserve their capital for more promising opportunities.
hero member
Activity: 714
Merit: 521
DGbet.fun - Crypto Sportsbook
March 14, 2024, 09:02:02 AM
#5
I don't know if here is the right place for this post

It's not, this is all about trading discussion and you will have to move the thread to the appropriate board for proper discussions from members.

I know that most of us here might have experience such before and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.

All i can bring out here is the advice you're suggesting to every trader on liquidation and how they can learn lessons from their own and other peoples experience, this is not a bad idea, people made mistakes and we need to from time to time remind ourselves of what is needed to take cognizance of while trading in cryptocurrency, and this applies as well to the beginners in trading.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
March 14, 2024, 08:17:12 AM
#4
I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
This suggestion is good, but there is still hope that bitcoin may get to $100000 and increase above that price. If bitcoin increase above that price, some altcoins that is for gambling will also still increase. I think to still gamble with altcoins can be good but it should not be for a long time as hugeblack said already. But patience is good, some people can wait until the market fall very well and invest. That will be a good time.
newbie
Activity: 7
Merit: 0
March 14, 2024, 07:51:12 AM
#3
staying away from missed opportunities is staying away from potential growth, for instance, the cryptocurrency in recent years has surged beyond paper money which people regretted not to be a part off. There isn't the best time rather the best time is now.
The profit from investing in cryptocurrencies is in buying, not selling. If you are buying at a high price or in an upward trend, you will most likely not achieve any good profits. Therefore, pay attention to the buying price more than the selling price and always try to buy when the price is low and there is a high possibility that the price will rise. In the coming days, there will be burning of currencies or listings, but as soon as the price begins to rise, do not try to invest unless it is short-term, within an hour or two, and in small amounts.
legendary
Activity: 2702
Merit: 4002
March 14, 2024, 06:22:49 AM
#2
The profit from investing in cryptocurrencies is in buying, not selling. If you are buying at a high price or in an upward trend, you will most likely not achieve any good profits. Therefore, pay attention to the buying price more than the selling price and always try to buy when the price is low and there is a high possibility that the price will rise. In the coming days, there will be burning of currencies or listings, but as soon as the price begins to rise, do not try to invest unless it is short-term, within an hour or two, and in small amounts.
sr. member
Activity: 266
Merit: 205
March 14, 2024, 05:06:09 AM
#1
I don't know if here is the right place for this post,  but if it's not, please redirect it,.
For the short time I have been into this crypto industry, I have observed and experience many things, especially when trading the spot market, it's very important that you stay off any missed opportunity,  like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
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