Quote from: Eugenar on December 31, 2019, 10:09:16 AM

Quote from: Butwhytho on December 31, 2019, 09:56:21 AM

I believe someone else mentioned it earlier but it's important to distance yourself a little and not to buy impulsively. Try to calm down, read more and then make a decision based on your logical thoughts and not the excited and emotional ones.

There could no possible negative implication if we are to buy huge amount of bitcoin, as long as we know how to diversify our buying activity, we could possibly reduce the risk of losing in the market. In addition, our emotion will impact us greatly on the timing we buy. But in my opinion, the biggest challenge when we need to put allot of attention and time in making decision is when we are about to sell. We need to make sure we have profits on our investment and never ever try to sell at lower price.

When the market begins to create spikes, people begin to get nervous. Emotions affect the adoption of the right decision and I agree with you it is needed to calm down and see if there is a profit if you sell now. It also happens when buying, you do not need to do it impulsively, it can play a trick on you, you need to make a decision in cold blood