Post
Topic
Board Altcoin Discussion
Re: Never Trade On Emotions
by
Henrobakkara
on 06/08/2021, 05:13:20 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.
I don't think it is much about how small or how big you have invested but more about what you said about not trading with emotions. If you invested even more funds but you are able to Hodl on to your investment without allowing the market emotion to determine your actions especially when the market has dipped, you are good. Yes people will always lose money if they cant be patient with their investment.