Post
Topic
Board Altcoin Discussion
Re: Keep your head cool in front of fluctuation
by
bitcoin.beda
on 08/04/2018, 06:47:54 UTC


BE CAREFUL WITH GREEN

Many know this but rarely can do.
Normally, green represents growth and red represents price decrease. But to me, it is the opposite. I have witnessed quite a few cases in which investors buy a green coin, like TRON (TRX) or Siacoin (SC), then lose their money. You should know that when the coin turn green, it is just some leftover or a rat trap. Like Siacoin, will you earn 800% more after it has already increased 800%?

DO NOT PANIC WHEN YOU SEE RED

Only be afraid and panic if your coin is a shitcoin. Shitcoin will sooner or later die even when it once green for a long period.
If your coin is solid coins, the red will soon leave and it is meaningless to panic. Those solid coins have survived long enough to have a future in this market and won’t die easily. Otherwise, they have a solid foundation of strong team member and potential project. If those are your case, don’t worry.

Ethereum and Bitcoin have also gone through those red and green days and still be here to grow. Be patient and have a long vision (6 months to 20 years). The rise or fall in short term does not mean anything.


It is easier said than done for me, as many people still incurred losses as their let their emotions in trading, for me to survive in crypto world one very important to have is experience, it is prefer to start small and experience what is happening today and before, as history repeats itself in crypto. as being seasoned trader we will use knowledge in trading rather than our emotions.