Ninjastic
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Board Trading Discussion
Re: What is the Biggest problem you have with trading / exchanging?
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--DarkSecrets--
on 20/09/2017, 01:55:12 UTC
Quote from: carriebee on September 19, 2017, 11:39:25 PM
Quote from: FrankNoland on September 19, 2017, 07:34:39 PM
Quote from: ponchovilla on July 04, 2017, 04:54:18 PM
I'm curious if other people are having similar challenges. But,
what is your BIGGEST problem with trading crypto coins and exchanging overall?

Your feedback would be appreciated.
The problem that I usually have when I am trading is that I usually loose it when coming to timing. Say I buy now at a higher value and a few hours/days the values of the coins I bought crashes. Imagine, If I should have waited until then, I would bought at a cheaper value. However, it happens once after a while, trying to build up on that. Hopefully, they will recover, that is how the market goes.
The biggest problem I experience so far in trading is I often become a panic seller. I place an order and set to sell directly that resulting to lose money. I also experience this my timing is not good when buying the coins and sold it in the price that Im not earning yet. Hope I can learn this in the future to master these things.
It happens also to me when i am looking and monitoring the trading chart with a volatile market i used to panic sell but its okay that i've sold my coins in profit and leave the trade. I think to overcome this kind of thinking and activity is don't monitor the volatility if you can't go follow it. because it maybe the wrong entrance that our mind panics.