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Author Topic: don't wait so much on the market.  (Read 12421 times)

Offline hair

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Re: don't wait so much on the market.
« Reply #15 on: December 08, 2020, 01:25:39 PM »
Experience and knowledge are the keys to avoid loss. A trader should not be too passionate about getting big profits, I think understanding the market is important, but what is more important is being able to determine the right actions
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Re: don't wait so much on the market.
« Reply #15 on: December 08, 2020, 01:25:39 PM »

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Offline Master107

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Re: don't wait so much on the market.
« Reply #16 on: December 08, 2020, 01:27:14 PM »
Honestly, I was like that back then, holding coins and waiting for the right moment to sell them. However, I have had several cases where the coins that I held ended up being useless coins, and I regret it. The point is don't be too greedy, sell when the price is right, don't wait anymore.

I guess its about time to move on from our past mistakes.
Maybe you lack one important thing, that is when to hold and when to sell. Indeed good to hold the coins/tokens but you should try to determine the market condition. From observing the movement of the price you can have an idea not to assume but you will see the movement technically.
Anyway, let us move on into new dimension.

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Re: don't wait so much on the market.
« Reply #17 on: December 08, 2020, 01:33:10 PM »
My suggestions is no need to wait much if you are in profit so before entering in market you must have set the destination or prices where you will interest to sell Your share and must be followed this strategy or you will be looser.

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Re: don't wait so much on the market.
« Reply #18 on: December 08, 2020, 02:27:30 PM »
I agree with you. Don't believe always the profit screenshot shared on social media platforms because that can be a photoshop image too to trap/entice you to associate with them. Always listen to yourself because you are the best decision-maker for yourself rather than any expert. Newbies should learn the basics of the market before entering the market so that they can not depend on others to take the decision. Always set the profit target once you achieve it sell it and do not greedy for more.

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Re: don't wait so much on the market.
« Reply #19 on: December 08, 2020, 02:53:43 PM »
The crypto market behaviour is very emotional. People tend to get greedy when the market is rising. Also, people often sell their coins in irrational reaction of seeing red numbers. It is best not to succumb to emotions.

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Re: don't wait so much on the market.
« Reply #20 on: December 08, 2020, 02:54:51 PM »
A lot of traders has claimed that they have made huge returns in this current market and alot keep displaying there rewards on social media platforms. Alot been said about fakers that believed in Fake it till you make it. it is neccessary for newbies to understand that not everything been displaced on the social media is true. be mindful of what you see to avoid loosing your funds.

Summary: take it easy and take your profit whenever you see it. don;t be too greedy.
I have seen a lot of trader loose their money for being greedy .However an expert trader never carry their greediness .As you said lots of trader already gain their profit and the market is still on uptrend .Hope we can earn few more from this bull run .

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Re: don't wait so much on the market.
« Reply #21 on: December 08, 2020, 03:04:04 PM »
Everyone has their own principles for getting profit in Crypto trading, some like to hold on to the long term some like day trading. I myself prefer day trading, so I'm not used to big profits. 
For this day trading, I prefer to keep USD instead of Crypto coins!  my target is how many dollars I should get in that day, if I can I will stop trading in that day.
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Re: don't wait so much on the market.
« Reply #21 on: December 08, 2020, 03:04:04 PM »


Offline MrSpasybo

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Re: don't wait so much on the market.
« Reply #22 on: December 08, 2020, 03:06:01 PM »
One of the most important criteria of a trader is to set the right level of return for each investment. Some people choose 10%, 15%, 30% depending on the market situation and trader confidence. If the trader gets FOMO for news, he can become a long term investor in the style of holder instead of trader.
Uptrend still exists, so the majority of traders are successful and earn profits when it is easy to buy low sell high. And some traders are very confident to share their own victories to enhance their position or urge people to buy crypto to make uptrend last longer. If an inexperienced trader believes in all of these things, he may lose his opportunity to take profits from his investment.
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Offline gourav787

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Re: don't wait so much on the market.
« Reply #23 on: December 08, 2020, 03:31:12 PM »
Ofcource mate , I also prefer long-term investment ( specially I also do it ) . But we need to set our goal price after reach we must be sell it . Once I suffer from loss because market show huge dump at that time.
Trying to make investment after a deep analysis.
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Re: don't wait so much on the market.
« Reply #24 on: December 08, 2020, 03:33:31 PM »
The greatest enemy you need to conquer when you enter in crypto trading is the greediness of heart. This will be your way to great loses. It is so tempting when you are in the market watching your top choice coins the feeling that you need to get rid.

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Re: don't wait so much on the market.
« Reply #25 on: December 08, 2020, 10:52:11 PM »
Yeah, we are not always successful in crypto investment or trading. If we saw people's success in earning big profits, it doesn't mean we also can earn it, especially for random coins/tokens. So, when we saw someone shares their success on social media about a random coin, it may be one of the ways they promote the tokens/coins. Don't so easy to believe it! Or hurry to follow the hype! It will be so bad if we try to follow it without analysis.
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Re: don't wait so much on the market.
« Reply #26 on: December 08, 2020, 11:07:11 PM »
And what they shared probably true and probably fake. And I believe that there are also many shares about future tradings, where we can make profits even the price is up or down and vice versa. In this case, we can make our spirit and motivation. But if someone is telling about this and invite you to be part of them, depositing and others, don't believe directly.
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Re: don't wait so much on the market.
« Reply #27 on: December 09, 2020, 01:18:55 AM »
Waiting is the key for profit, this the type of character that require patience the only downside of this is when you are applying it for you'd greediness. It is very important to be familiar of yours character IN cryptocurrency because when you don't that might be your omen in crypto world.

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Re: don't wait so much on the market.
« Reply #28 on: December 09, 2020, 01:59:30 AM »
Yes sometimes social media platforms exposed more than real , don't invest here without investigation others you may get a huge amounts of losses instead of profits. Again don't invest seeing people success. Before investing you should keep knowledge about projects and coins.

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Re: don't wait so much on the market.
« Reply #29 on: December 09, 2020, 02:06:52 PM »
Many people do play it safe with hold. I think this is a legitimate thing. However, it is better not to be too high in targeting, or not to be greedy, to be reasonable. So that we can really benefit and not lose or even regret it. Any greed in crypto is the beginning of the ruin of your investment.
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