Post
Topic
Board Altcoin Discussion
Re: Solve taking profit problems.
by
globalpain
on 29/12/2020, 16:55:41 UTC
One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?
the problem is that it is emotion and greed that makes traders fail to take profits, and this happens almost for traders,
especially new traders, of course the method is easy, learning not to be greedy,
when when you are in profit then sell and buy back again at the price you have analyzed.