Quote from: Shasha80 on October 30, 2021, 11:17:08 PM

Quote from: Ziskinberg on October 30, 2021, 10:09:32 PM

Quote from: jostorres on October 30, 2021, 09:11:19 PM

Quote from: goinmerry on October 29, 2021, 08:43:13 PM

I'm also one of those people who are sometimes in an event of ending up with a question if I will take profit or not.

Have experienced similar situations and also mostly that scenario led to regretting for not booking at right time; one good example must be what we had experienced after an ATH in April. By the times of April, I was confident about getting into $80k levels but in June I was regretting for not exiting with profits in April.

Quote from: goinmerry on October 29, 2021, 08:43:13 PM

It's hard to make such a decision, especially when mooning. And when bears now slowly showing, it's also hard to make a decision if will buy.

It is hard if we still look for more. Some times, we turn greedy which is the reason we are not ready to lose the future growth of bitcoins.

Quote from: goinmerry on October 29, 2021, 08:43:13 PM

My way of taking profits will start from my price satisfaction.

Yeah, a good way to get practiced to. But, the problem is when we are confident about continuous rising then we will never get any of satisfying target levels to book profits with.

Greediness is very cruel and one common reason for our failure and losses.
I know that everyone is asking when? what if? We live in presumptions and market prediction but because of our faith, we are able to get strong and hold. However, with the greediness lives on us we forgot to think about the volatility of the market and not getting satisfied but wanting more that is why we mostly ended up blaming ourselves.

Everyone usually has greed and that's a very human thing, but because we know greed is one of the reasons we experience losses when trading.
So we must be able to control it, because I know that it is almost impossible for us to get rid of the greed that is in us. It is not easy to control
greed, there is a process that we must go through, but as long as we have the intention and try hard. We can control our greed, if our greed
can be controlled properly. We can know when is the right time to take profit, because with controlled greed, we can be satisfied with the profit
we make.

To control greed, of course, through a learning process, where we must increase our experience in trading so that we are faced with various conditions in the market. to a wider extent we must be able to control the psychology of trading, where each person will be different at different times of achievement. this is very useful for suppressing greed in taking profits that usually occurs and obeying the cut loss area