Quote from: Darooghe on December 14, 2019, 01:41:50 PM

Quote from: baeva2 on September 25, 2018, 10:11:04 PM

Some traders and investors think that when trading with crypto currency, one must be bold and confident and make quick decisions. Is excessive confidence in cryptocurrency trading better than doubt and fear, or is it a big drawback?

In my opinion having confidence is good but having excessive confidence is not. The market is a great teacher. The dynamics of the market changes so quickly, and it teaches you or rather punishes you of your excessive confidence very quickly. may be that there is one thing which you do not know about your coin which market knows. that is why an intelligent investor always invest in a portfolio of coins, because even if you may have committed a few mistakes while you are picking some of your coins still you are safe because you can not be wrong with all your coins if you have done your homework properly.

Yes and even how confident you are in a trade. I am confident in this past trades but all of a sudden it ruin by a fake pump. But it is not an excessive confidence. I'm just only saying that confidence is will not always guarantee a successful trade but it might give us a positive outcome whatever the trade results is. Just don't be greedy at all.