Post
Topic
Board Altcoin Discussion
Re: Never Trade On Emotions
by
fileo
on 23/08/2021, 10:09:00 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.
Entering into investment or trading specially on crypto should first have enough information and knowledge to anticipate scam, fake, and of course emotional trading basis. Emotional traders will always experience worry and panic selling when the market is not in good condition. It is recommendable to deal crypto trading or investment with knowledge and proper approach to become effective.