Post
Topic
Board Trading Discussion
Re: What is the Biggest problem you have with trading / exchanging?
by
el kaka22
on 27/09/2017, 18:39:08 UTC
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 biggest problem that I'm experiencing in crypto trading is I'm becoming greedy. I usually not sell when I see the price pumping and that's making me miss a lot of profit. Because I don't have an idea on when it's going to pump and dump and if I sell sometimes it's already late but that is before and now no more regrets, profits is profit upon selling.
Greed is a huge sin in trading and I am sure you must have learnt your lessons by now. Have a set target for yourself and act like a Pro when you are trading. Even if you sell, and the price goes higher, forget it and know that at least you achieved your target and go out to look for another market to buy into.

Except you are sure you have a coin which is being pumped, then you should not wait for the highest value before selling cause you may end up missing that point and having to wait for another few hours or days again before you hit that.