Post
Topic
Board Altcoin Discussion
Re: Never Trade On Emotions
by
milani
on 26/07/2021, 20:15:19 UTC
I would like to give you some advice, Especially to those who are new in the market. Whenever there is a pump in the market, you think you should invest in ALTs And you may benefit from it. But after your investment, the market goes down. When you see the market go down, you think you are losing money, so you sell everything. Again, when you see the market go up, you invest. This way you get hurt again and again. So whenever you have to invest, invest a small portion of your portfolio. So even if the market goes down, you have your portfolio. Never trade on emotions. Calculate well and then invest in it.

The biggest mistake in every direction connected with money to do something on emotions, and of course trading crypto is not the exception. You are right lots of people buy on the encrease and sell on the decrease, when it should be better to do just on the contrary. You bought for example, and market started encreasing, in this situation it should be better to fix profit. In case the market started decreasing it is better to buy more of this altcoin in case you believe in this alt and project. Everything is not really to complicated. In any case if trading makes you to be stressed or nervous too much it is better not to trade at all. 😁🙂