Quote from: savetheFORUM on Today at 05:20:02 AM

Quote from: Marcellin9 on April 14, 2023, 07:05:13 AM

Does this sound logical to you ? What do you think of all the interval losses from the investment gains ? Please let me know.

A good trader doesn't buy back at the exact position where he has sold his assets to withdraw the profits, that is done only when the price drops below that point, and only if the trader has sold the assets earlier only to buy back when the price dumps, otherwise, they might not even buy again. If they wish to buy back, they will probably wait for the correct time to buy again so that they don't lose back the earned profits.

A novice trader or someone who is always hit by FOMO (fear of missing out) might make the mistake of selling for profit and then buying again at the same time when the price didn't even go down. That can be a costly mistake and might only work sometimes when the market actually goes higher than where they've sold earlier.

I actually agree, if you've profit enough with the current value of Bitcoin then you decided to buy again and got liquidated then it's not only a mistake but it could count as a greed. If you think you've profited enough you can afford the $10k money that's actually wrong. If you want to continue your success you'll decide smartly and you'll timing when you enter again the market. You also mentioned FOMO which is also part of your emotional stability, if you can't control your emotion plus trading then it will just lead you to worse calls that causes you to loss funds. Always double think before acting up to you decisions sometimes we'd decide based on our feelings, emotions and instict.