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Author Topic: BSC is good then the other wallets or not?  (Read 14761 times)

Offline yohananaomi

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Re: BSC is good then the other wallets or not?
« Reply #240 on: Today at 08:46:57 AM »
Yes you are right but there is a limit for us to take CL actions to reduce losses but this does not apply to people who want to invest in the long term, CL applies only to people who do day trading.
I'm not a pro trader but I often trade on spot trades and only use stop loss on profits, not for cut loss.
DCA through stop loss to exit.
This will enable me to have constant profits and exit all trades in green.
Setting a stop loss in red means we are gambling, instead of buying coins that we know will recover. IMO
Everyone has a different trading style, they will use the strategy that they think is the best and most effective, for me it's different, I trade using a simple buy let sell method.
Why I don't use the DCA system like many people use because I am an active person who sees price movements in the market even though I don't trade.
Cool... It seems like you have a clear strategy for each asset you own :)
And you're right,  each individual employs a distinct strategy. The merits of a particular strategy are not inherently positive or negative, rather, they depend on its suitability for the individual investment goals.
Nice to meet you and thanks for sharing
The person who feels everything they do is themselves, so it is not surprising that there will be many strategies in dealing with what they are going to do, because they will use strategies that may have already produced results and do not want to be tempted by other opinions, even though other strategies are not necessarily bad. In fact, the more strategies there are, the more alternatives that can be developed and everyone just has to search according to their wishes.

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Re: BSC is good then the other wallets or not?
« Reply #240 on: Today at 08:46:57 AM »

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Offline koang

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Re: BSC is good then the other wallets or not?
« Reply #241 on: Today at 06:30:03 PM »
The person who feels everything they do is themselves, so it is not surprising that there will be many strategies in dealing with what they are going to do, because they will use strategies that may have already produced results and do not want to be tempted by other opinions, even though other strategies are not necessarily bad. In fact, the more strategies there are, the more alternatives that can be developed and everyone just has to search according to their wishes.

The more choices the better is a phrase we often hear.
More choices can give us freedom in determining which one is most suitable.
But sometimes, more choices do not always mean better, more choices will ultimately lead to difficulty making decisions. The Paradox of Choice.
So, it's better to set boundaries, use criteria, and Trust our intuition. IMO

 

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