Post
Topic
Board Altcoin Discussion
Re: Don't be Emotional, Don't be Greedy
by
skjcheaka
on 31/12/2020, 12:12:29 UTC
The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I  remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.

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Sometimes we are a failure in controlling our emotions. This is like a hard challenge for everyone. When the price is at the bottom our plan is just to get in and wait for the price to rise a little and realize a moderate profit. But when the price is already at the very point where we should already be selling, that's the time we suddenly decide that we want more and then we forget the target selling price and wait for more pump. Sometimes we end up caught by a correction or the dump that we ended up waiting for another pump in order to make a little profit.