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Author Topic: This bad habit will cost you a lot in trading  (Read 12895 times)

Offline Crypto Library

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Re: This bad habit will cost you a lot in trading
« Reply #195 on: December 25, 2024, 10:46:39 PM »
The truth is that what you say seems very good to me, but your plan to invest in Doge is more interesting, and at the same time I think about it and it is very good ñ because obviously when Trump comes to power, Elon Musk will have a lot of power, and if this happens, a simple movement or what he says about Doge can make it boost, so it seems to me that your intuition regarding Doge seems correct to me, although I have many friends who do not like altcoins, there are opportunities that can be taken advantage of and it seems to me that you are doing it well.
Actually, almost everyone had the opportunity to make a good profit from dogecoin this time because most people had almost pre-predicted that Donald Trump would win the United States of America election and later be elected president. And Elon Musk helped a lot in his election campaign, be it financially or with other social support and that is why after the election, people automatically understood that Elon Musk will definitely be a close person to Donald Trump in the next times. And that is why Dogecoin pumped so much now, although it is currently in correction, there is still a chance to pump a lot more in the future, so I have kept it as my target.

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Re: This bad habit will cost you a lot in trading
« Reply #195 on: December 25, 2024, 10:46:39 PM »

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Offline bhadz

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Re: This bad habit will cost you a lot in trading
« Reply #196 on: December 25, 2024, 11:31:48 PM »
I do not counter trade. It is making me lose more money for sure and if ever I go along with the market trends whenever I think it is too late, I wont be jumping on the bandwagon anymore because it might lose me more money. Those that keeps on chasing the trend are also likely to lose, so do not be that guy because it might lose you a fortune.

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Re: This bad habit will cost you a lot in trading
« Reply #196 on: December 25, 2024, 11:31:48 PM »

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Offline ajiz138

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Re: This bad habit will cost you a lot in trading
« Reply #197 on: December 26, 2024, 02:18:35 PM »
We also have to be able to measure our abilities, how far our knowledge and skills are and of course how strong our mentality is. If our mentality is weak, then look for the safest and in this crypto space holding has a lower risk so this is recommended.

Most people don't know themselves well, that's really the problem. Because how can we do something successfully, while we don't know the extent of our abilities.
We must know our abilities in every action, especially something that contains risk. because by measuring our abilities and skills we can minimize the risks that we will receive, especially in trading and investment because this is very risky.
Maybe as a holder we only need to know the cycle of crypto, buy when bearish and sell when bullish. However, in trading we must have the skills to manage the risks that we will receive, this must be adjusted to our knowledge and abilities.
At first we may not know what our abilities are like, but I still think that is normal because it is just the first step when we enter this world. With the experience we gain, we will slowly understand ourselves.

For example, in terms of mentality, everyone has a different mentality, and we must realize it ourselves. There are people who may be good in mentality when trading and some are not so good so that it causes losses in their trading.

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Re: This bad habit will cost you a lot in trading
« Reply #198 on: December 26, 2024, 04:38:35 PM »
You know op, if there are any traders who are conducting their trading activities on any exchanges, I am pretty sure that only newbies do it most of the time.
Of course if you have any knowledge and idea about trading, you will not do that.

It's just like this, you have seen people going up the mountain because there is a big tsunami coming and then you come down the mountain, what will happen?
Will you be ruined or not? same goes with trading against the trend.
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Offline legend45

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Re: This bad habit will cost you a lot in trading
« Reply #199 on: December 26, 2024, 10:28:00 PM »
You know op, if there are any traders who are conducting their trading activities on any exchanges, I am pretty sure that only newbies do it most of the time.
Of course if you have any knowledge and idea about trading, you will not do that.

It's just like this, you have seen people going up the mountain because there is a big tsunami coming and then you come down the mountain, what will happen?
Will you be ruined or not? same goes with trading against the trend.
Knowledge and experience are always needed in investment and trading, this is the main capital for an investor. We must follow the market trend, as you said people climb mountains to avoid tsunamis, while some go down the mountain, it's the same as going against the trend. but if they have experience and expertise, they might be able to survive if they have good preparation, but the risk is very high.
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Offline LUCKMCFLY

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Re: This bad habit will cost you a lot in trading
« Reply #200 on: December 26, 2024, 10:38:32 PM »
many people have opinions like and they have confidence that the price of doge will increase after trump is inaugurated as president of the US and Elon musk is likely to use DOGE for X payment. but all are just predictions we don't know the truth because until today I have not read any leaked news about the coin that Elon Musk will use to integrate with X.

Yes, and it may be that he does not prove it because when he made the previous pumps to doge, he never said it before, but rather he spoke and suddenly the currency rose like foam, so in View of this it is very feasible to think that he is a very good friend of Trump and therefore they will have much more closeness and if Trump wants him in his cabinet then obviously he will have more Power than before, he will have a lot of money, more power, a single word or thing he does in favor of Doge and the PUMP will be impressive, that is why many think so, some say it and others affirm it , Although of course you have to remain cautious, it is only better.
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Offline rizqillah

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Re: This bad habit will cost you a lot in trading
« Reply #201 on: December 26, 2024, 11:46:39 PM »
many people have opinions like and they have confidence that the price of doge will increase after trump is inaugurated as president of the US and Elon musk is likely to use DOGE for X payment. but all are just predictions we don't know the truth because until today I have not read any leaked news about the coin that Elon Musk will use to integrate with X.

Yes, and it may be that he does not prove it because when he made the previous pumps to doge, he never said it before, but rather he spoke and suddenly the currency rose like foam, so in View of this it is very feasible to think that he is a very good friend of Trump and therefore they will have much more closeness and if Trump wants him in his cabinet then obviously he will have more Power than before, he will have a lot of money, more power, a single word or thing he does in favor of Doge and the PUMP will be impressive, that is why many think so, some say it and others affirm it , Although of course you have to remain cautious, it is only better.
I also predict DOGE will skyrocket next year, Elon Musk is a good friend of Trump and there will likely be good policies from Trump for crypto.
and we know Elon supported DOGE in the past, it is likely that next year this will happen again so you should hold your DOGE and wait until next year.

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Re: This bad habit will cost you a lot in trading
« Reply #201 on: December 26, 2024, 11:46:39 PM »


Offline LUCKMCFLY

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Re: This bad habit will cost you a lot in trading
« Reply #202 on: December 27, 2024, 12:07:34 AM »

Actually, almost everyone had the opportunity to make a good profit from dogecoin this time because most people had almost pre-predicted that Donald Trump would win the United States of America election and later be elected president. And Elon Musk helped a lot in his election campaign, be it financially or with other social support and that is why after the election, people automatically understood that Elon Musk will definitely be a close person to Donald Trump in the next times. And that is why Dogecoin pumped so much now, although it is currently in correction, there is still a chance to pump a lot more in the future, so I have kept it as my target.

Not bad because you have very good arguments to support your decision and the truth is that you think very intelligently, I think the secret of all this is that Trump will give power to Elon Musk in his government, and this will additionally bring more benefits to Doge holders, and I like that, I think without going too far the best alt that can be bought right now is DOGE, because based on that same logic that you say which I share, we are close to seeing another new good Pump for this currency, when it happens we will see many people saying in the forum that they did enter and buy, not bad.
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Offline gunhell16

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Re: This bad habit will cost you a lot in trading
« Reply #203 on: December 27, 2024, 09:09:51 AM »

Actually, almost everyone had the opportunity to make a good profit from dogecoin this time because most people had almost pre-predicted that Donald Trump would win the United States of America election and later be elected president. And Elon Musk helped a lot in his election campaign, be it financially or with other social support and that is why after the election, people automatically understood that Elon Musk will definitely be a close person to Donald Trump in the next times. And that is why Dogecoin pumped so much now, although it is currently in correction, there is still a chance to pump a lot more in the future, so I have kept it as my target.

Not bad because you have very good arguments to support your decision and the truth is that you think very intelligently, I think the secret of all this is that Trump will give power to Elon Musk in his government, and this will additionally bring more benefits to Doge holders, and I like that, I think without going too far the best alt that can be bought right now is DOGE, because based on that same logic that you say which I share, we are close to seeing another new good Pump for this currency, when it happens we will see many people saying in the forum that they did enter and buy, not bad.

Well no doubt that doge is one of the potential alts that can really give us profit, in fact, there are many more altcoins that can really give us profit.
Just be careful about the crypto assets we buy so that our capital is not wasted.

As long as anyone has an idea for conducting trading activities, this is also for us in the future, and remain vigilant at all costs.
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Offline JusticeDeGreat

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Re: This bad habit will cost you a lot in trading
« Reply #204 on: December 27, 2024, 10:40:15 AM »
As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?
I had always traded following the market trends. Because it gives a clear direction on how the market moves. Trading against the directions will result to losses.  Because the market trend is the guide that helps a trader to be on the right part to success.

Offline Crypto Library

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Re: This bad habit will cost you a lot in trading
« Reply #205 on: December 27, 2024, 07:36:49 PM »
Not bad because you have very good arguments to support your decision and the truth is that you think very intelligently, I think the secret of all this is that Trump will give power to Elon Musk in his government, and this will additionally bring more benefits to Doge holders, and I like that, I think without going too far the best alt that can be bought right now is DOGE, because based on that same logic that you say which I share, we are close to seeing another new good Pump for this currency, when it happens we will see many people saying in the forum that they did enter and buy, not bad.
And yeap that's makes hype on the market and peoples did also invested on the doge coin after the election of the United States of America. And when the Donald trump won the election we also see that how did the doge coin. I am also hoping that many people will also will be more attract on DOge coin after having seat the trump on the white house.

And I also think that may be again there will be another big hype on the market psychology and then we will see another big pump on dogecoin, I am also now confuse should I invest on the dogecoin right now, Becuase it is already in good dip from past days.

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Re: This bad habit will cost you a lot in trading
« Reply #206 on: December 27, 2024, 10:41:21 PM »
Not bad because you have very good arguments to support your decision and the truth is that you think very intelligently, I think the secret of all this is that Trump will give power to Elon Musk in his government, and this will additionally bring more benefits to Doge holders, and I like that, I think without going too far the best alt that can be bought right now is DOGE, because based on that same logic that you say which I share, we are close to seeing another new good Pump for this currency, when it happens we will see many people saying in the forum that they did enter and buy, not bad.
And yeap that's makes hype on the market and peoples did also invested on the doge coin after the election of the United States of America. And when the Donald trump won the election we also see that how did the doge coin. I am also hoping that many people will also will be more attract on DOge coin after having seat the trump on the white house.

And I also think that may be again there will be another big hype on the market psychology and then we will see another big pump on dogecoin, I am also now confuse should I invest on the dogecoin right now, Becuase it is already in good dip from past days.
it is possible that after trump was inaugurated as US president, DOGE coin will experience this increase that many people predicted.
but the price of DOGE is already high now, I only buy a little DOGE and store it in my wallet.
Because considering that if the prediction is wrong, I don't experience much loss.

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Re: This bad habit will cost you a lot in trading
« Reply #207 on: December 27, 2024, 11:27:49 PM »
it is possible that after trump was inaugurated as US president, DOGE coin will experience this increase that many people predicted.
but the price of DOGE is already high now, I only buy a little DOGE and store it in my wallet.
Because considering that if the prediction is wrong, I don't experience much loss.
I was also thinking about something like a small investment on it right now actually I missed the pick dip what happened before few days.
 Because it was down to 0.26 cent Which was really a good dip for the investment I missed that now I am thinking about if dogecoin dip below the 0.30 cents I may could invest 100$ dollar here for targeting the altcoin. I could expect least 3x if I could make investment on the 0.26cents.

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Re: This bad habit will cost you a lot in trading
« Reply #208 on: December 28, 2024, 07:36:41 PM »

Actually, almost everyone had the opportunity to make a good profit from dogecoin this time because most people had almost pre-predicted that Donald Trump would win the United States of America election and later be elected president. And Elon Musk helped a lot in his election campaign, be it financially or with other social support and that is why after the election, people automatically understood that Elon Musk will definitely be a close person to Donald Trump in the next times. And that is why Dogecoin pumped so much now, although it is currently in correction, there is still a chance to pump a lot more in the future, so I have kept it as my target.

Not bad because you have very good arguments to support your decision and the truth is that you think very intelligently, I think the secret of all this is that Trump will give power to Elon Musk in his government, and this will additionally bring more benefits to Doge holders, and I like that, I think without going too far the best alt that can be bought right now is DOGE, because based on that same logic that you say which I share, we are close to seeing another new good Pump for this currency, when it happens we will see many people saying in the forum that they did enter and buy, not bad.

Well no doubt that doge is one of the potential alts that can really give us profit, in fact, there are many more altcoins that can really give us profit.
Just be careful about the crypto assets we buy so that our capital is not wasted.

As long as anyone has an idea for conducting trading activities, this is also for us in the future, and remain vigilant at all costs.
DOGE is indeed the most popular and potential meme coin, currently the price of DOGE is high so I don't buy it. I prefer solana and TON, because these coins have the use as a network and do not rely on popularity and hype like DOGE.
although I have DOGE in my wallet but DOGE is not my favorite coin

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Re: This bad habit will cost you a lot in trading
« Reply #209 on: December 28, 2024, 10:04:01 PM »
DOGE is indeed the most popular and potential meme coin, currently the price of DOGE is high so I don't buy it. I prefer solana and TON, because these coins have the use as a network and do not rely on popularity and hype like DOGE.
although I have DOGE in my wallet but DOGE is not my favorite coin
As far as we know that most of the people in crypto always have the negative views on the memecoins because of only they were based on hype and most of them couldn't sustained for long time. But we are seeing some differences in case of Dogecoin this memecoin is sustaining  themselves for long run and I think as their plan they will have more long run in the future. And I believe that because of this Dogecoin and some few others top memecoin people's were still investing on memecoin and hoping for good .

 

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