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Cryptocurrency Trading / Re: Don't get greedy, Just take the already earned profit and leave.
« on: February 06, 2024, 10:03:28 AM »Believe or not, greedy loss your opportunity, many trader had large expectation with their cryptocurrency assets potential raise more higher price and earn much profitable. Forget take profit when has moment and seems not enough with how much increasing of the cryptocurrency assets holding, need to make limitation profitable target when price raise above 10% or more is enough to sell it and buy back later.
I believe some coins still with hype moment when success raise to higher price not has second chance make new highest price, take profit, leave and looking for the other coins to trade.
Yeah I have lost several time because greedy. I agree with you, we should set the sell target if already earned profit, take it and leave it. We can start again later. Many traders have lost because this emotion. Trader needs good emotional control, and time will teach us. Experience is so expensive, sometimes we lost to know our mistakes