Hi all
I'm 4 years on the market but suddenly found a lifehack:
Before you buy a coin, you should write down the plan — the main reason why you buy it. And circumstances when you sell it, with profit or loss.
If this event happened, you should sell.
Or write a new plan.
it sounds simple but when your plan is in your head, not on paper, you always have temptation not to follow it
Fixin it on paper (notebook, whatever) makes it more formal
This is the key. It helps me a lot.
For example — your plan is to wait for binance listing
Then you should sell the coin right after listing, don't hold it more. Because you should stick to your plan.
Or write a new plan — I will sell after [this] event
That's it
I'm 4 years on the market but suddenly found a lifehack:
Before you buy a coin, you should write down the plan — the main reason why you buy it. And circumstances when you sell it, with profit or loss.
If this event happened, you should sell.
Or write a new plan.
it sounds simple but when your plan is in your head, not on paper, you always have temptation not to follow it
Fixin it on paper (notebook, whatever) makes it more formal
This is the key. It helps me a lot.
For example — your plan is to wait for binance listing
Then you should sell the coin right after listing, don't hold it more. Because you should stick to your plan.
Or write a new plan — I will sell after [this] event
That's it