Quote from: Fredomago on Today at 09:55:40 PM

Quote from: livingfree on Today at 08:59:25 PM

Quote from: sisikin on Today at 06:08:46 AM

Quote from: livingfree on September 06, 2021, 10:42:03 PM

Sell what you think is the right portion to be sold. What matters is your satisfaction of what you sell and what you hold and as well as what you buy.

I mind you to take some profits while planning to hold those for long term.

For the price, everyone has a stop-loss price in their hearts. Remember to stop the loss when the price of the coin drops sharply.
There are a lot of coins going to death, and if the loss is not stopped in time, more money may be lost.
Sometimes people will stick to their choice and believe it even if the coin is dead.
It is better to focus on Bitcoin.

Stop loss is needed.

But you also need to take profits when it's necessary too. Learn from the mistakes of others that didn't took their profits when they can during the past bull runs.

And while we're still there although there's a small correction that has happened, we're still up.

Learn and keep learning, stop-loss is very important after you set your goals, it's good to have this to avoid losing your opportunities. It helps when you are dealing with a volatile market like crypto; it would lessen the chance to lose huge portions of your investment when the market crashed hard.

You can set both profits and losses using this feature. The more you understand the trend, the more possible that you'll going to get decent compensation from this business.

Make sure to balance both greed and fear inside you. Proper emotional balance keeps you away from losing your money.

It prevents a trader to loss a lot when the market is on its complete fluctuation.

Well, greed is the number one enemy of most traders. When we're already in profit and we think that there's have to be more of it.

We're panicking or losing the profit because we're waiting for more but instead the other opposite happens.