Quote from: Baofeng on December 03, 2022, 10:12:18 PM

Quote from: koang on December 03, 2022, 07:53:50 PM

Quote from: AzamNurWahid on December 02, 2022, 01:45:08 PM

Yes. The main problem that often causes defeat is when we feel that the coins we have are constantly decreasing. We are very forced to sell it below the price when we bought it, for fear that the price will continue to decline. Even though if we understand it well, it is common for prices to fluctuate.

The cycle of disruptive innovation adoption and evolution is tough

Some people never learn. In the crypto market, we have to be bearish when Bitcoin is bullish, and we have to be bullish when Bitcoin is bearish.
The theory works wonders on both sides of the trade, and It doesn't matter what the price is, manage your risk.

As one famous investors once said, buy when there is blood on the street, meaning when the market is bleeding and hurting because there are many sellers pulling the price down it is the perfect time to buy because price is very cheap.

I think we are not forced to sell, but we really don't understand how the market works. So when we see panic, we go with the crowd and sell our precious bitcoin as well.

But if you analyze it closely, it's a wrong move because what we should do is HODL and then buy more instead of selling.

Emotions really killing our investment. We do follow the trend and regret when the market starts to bounce back. We all know how hard to make your decision when the market is bleeding.

But like you mentioned, those who have good experienced knows that keeping your patience and do
an extra mile if you still have spare funds to use is the wise decision during the bear season.

If you can buy additional coin with a very cheap value, once the market start to pump you can
quickly recover your losses and a chance of being compensated with a very decent amount once the
market reached your target.