Post
Topic
Board Trading Discussion
Re: It's ok if your profits are less
by
Mahanton
on 20/07/2020, 23:16:54 UTC
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.


I would prefer to have a lesser or lower profit than to lose even my capital for being too greedy. It isn't bad to hope for a bigger and better profit but there are instances where we have to feel contented especially if we're holding coins with unstable potential. It's not healthy to have a very high expectation knowing that the market is also unstable. However, we have different levels of contentment and it's still for us to take the risks if we want to gain better.
As a human it is somewhat normal to have those high expectations on certain things and that when learning and self realizations do come in when you have experience the actual situation that not all
that you do anticipated will happen.Its normal for us to be greedy yet its always been part of us but we should really have a good hold of it because this will primarily the reason on messing things up.
Start with slow pace but somehow do generate slow and gradual in terms of profits.Yes, it might not be big but should be enough for you to call it a day.Trading isnt a race for someone to make big profits
but it do matter on how long you would sustain into this market.