Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor
What do you think about this circumstance ? am i overthinking this ? share your views.
I think a lot of people want to try all sorts and kinds of strange ways to predict the future market direction, but thats just wishful thinking. Daytrading is fun but when you are in a dump, you do not sell for less than you bought it for. I would think it's smarter to leave it as a long term investment. From a mathematical standpoint, your wallets keep shrinking in the daytrading game...
...In any case, don't put all your eggs in one basket and moving the eggs back and forth will end you up with several cracked eggs.