Post
Topic
Board Altcoin Discussion
Re: How do you deal with stress?
by
traderethereum
on 22/07/2017, 01:49:37 UTC
I got into altcoin trading just recently, a week or so ago.
Honestly I never dealt with exchanges before and this is all new to me but it's both fun and very stressful. I'm not a big time player, in fact I started out with nothing and just mined some Hush, sold that and bought ARK/Waves/Shift/Espers. I own maybe $500 worth of coins right now lol, but I plan to increase this.
However stress is getting to me. I keep checking the prices, trying to buy low and sell high and I do that at work now as well and even dream about it. I dreamed Espers was getting pumped and my exchange closed Espers trading and I woke up all pissed off and sweaty and cursing the non existent exchange.
I'm not very interested in the tehnology I just want to trade as I find that a lot of fun. But I need to deal with the stress somehow Grin

i have the same experience like you in the past and i can tell you how to deal with your stress like what i do. if you have much of amount for each coins, try to make order sell in 3 range of the price, if you are sure the coin will be pump, then you can place your 3rd or more order sell in high price maybe at 500% when the price is pump. don't sell all of your coin only with one price but make it separately in many range price. from all of your coins, you should leave little amount in your wallet just in case if the coins is getting increase more or you can have for long term investment.

after you make that, you can do another activity you want, don't to often to watch the coin in the market, makes your time worth by doing anything, maybe you can check the coin once for 3 day or week. don't feel like you are waiting for the pump but try to look what is happen in the market only. i hope you can deal with your stress  Grin Wink