Post
Topic
Board Altcoin Discussion
Re: Greed and crypto !!
by
paloloy
on 11/05/2018, 05:40:35 UTC
I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?
Well, that's the thing. One of the most important life lesson you can get from trading cryptocurrency is knowing when to stop, knowing how to stop, how to handle yourself, how to prevent yourself from greed that might cause losses.

I do feel the same all the time. Bought a coin, knowing it would skyrocket, sold for 2x, only to watch it go 10x. Happens to me for a few times and I couldn't help but regret that I sold too early. But I know I shouldn't regret it because I still made a decent profit. One way to prevent such feeling is to set a target before you enter the trade and commit with it.

Most of the time people who sell their crypto assets too soon regrets because crypto market isn't about decreasing it's value but otherwise.
my friends keep on selling their altcoins every time there's a pump but they never expected that some of their coins had pump really high that until today didn't gone back to it's previous values.
I am very lucky that I never sold my Oyster when my friends sold it on $0.30 because Oyster had gone almost $5 this early year and today it stayed around $1 and will soon increase after their main net will be launched to public.
Holding is preserving and prevention to lose your crypto assets, that is the most important'