Post
Topic
Board Speculation (Altcoins)
Re: Notice your emotion
by
stomachgrowls
on 30/09/2021, 20:36:13 UTC
That's right, the most important thing is that when starting trading, you must have a target so that we can achieve it without greed when the price is high and also have a plan for a certain time plan in holding a coin.
it is very difficult to control emotions because price movements continue to occur every time.
In this month the price movement of cryptocurrencies is very unstable and prone to more declines than increases in all cryptocurrencies so that many good coins at this time are still at a lower price than the previous one or from the price in the past month.
this instability can be used as an opportunity to profit from short trades.
like the correction that happened yesterday, and the pump today. what must be considered is the right time to enter and immediately sell when you get a profit. Don't expect too much with the market moving up. maybe we're stuck there.
Easy to say but would really be hard to be done because uncertainty and questions would really be having in mind like;

-Is it the right time to get in?
-Is this the bottom?
-Is this the reversal?
-Should i wait a little bit longer?
-Should i make some gradual accumulation?

For sure these are the questions that you would really be having in mind whenever you are tending to make out decisions
on buying back.