Post
Topic
Board Trading Discussion
Re: Don't be too desperate to make earning
by
Lanatsa
on 01/12/2021, 23:54:49 UTC
Buying cryptocurrency in this bullmarket and holding it for long time is not wise.
I agree with you. Ideally, buying crypto coins in the bullish season is only for the short term. When the coins reached their ATHs, we must sell them to take profits. Holding them for a long time is a bad idea because their prices will drop much in the upcoming bearish season. Because we are almost in December, we should plan to sell our coins gradually. We must regret it if we don't sell them during the bullish season.

That's how it is and in trading we must know when to buy and sell because otherwise we will lose the moment to make a profit,
at the time of correction I think it's a good time to buy some potential coins,
Besides that, following market developments is also important
Buy and Sell would be the basics but the big question is on when you would do it? You cant just simply buy and sell without those considerations specially if you aren't  still in profit.

When you do make yourself desperate or in a rush on making profits then this is where you would really be making decisions which would be wrong.

Let experience and those mistakes tell you on what you should gonna do in next time because losing is inevitable.