Post
Topic
Board Trading Discussion
Re: Things that influence our trading decisions
by
danherbias07
on 13/07/2023, 14:56:01 UTC
I like this. Thank you.
Some of them put an arrow in my heart accurately as I reminisce all the mistakes I did back when I was starting. Emotional issues had always been a problem when it comes to trading. A trader should have a cold heart, he cannot fall in love with the coin that he is trying to reap money from.
ICO times, I bought coins that I usually trade because of the sudden swings in the market where stablecoins are not yet trending. I bought this one coin from a project because I thought I could use it to play with its market and make a profit from it. Sadly, I ended up joining their Telegram group and I had the hardest time of letting it go because of all the optimistic investors feeding everyone with good news.
It ruined the plan and it was dumped by whales so there's no ROI too. Whatever coin we are trying to buy, let's just join their groups for informative reasons and not become a hardcore fan. It will definitely affect our decision if we stick there and read the statement of other investors who wants it to be pumped.