Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.
Definitely do not need to buy coins, the value of which has already increased significantly. You need to remember that where newcomers like you are thinking about buying, experienced investors are thinking about selling an asset. And if you missed the moment when it was necessary to buy, then you need to wait for the market correction and then make purchases at a reduced price.
thats right, even though we might be missing out on some opportunity, but buying when the token or coin is already too high simply giving us bad position, the slightest dump would incur us losses.
even though seeing the market all green, and i have missed opportunity to make entry, i don't dare to make investment because some coin that i initially eager to invest was already in high position and i'm sure that there'll be correction and I will just invest when the correction is coming, can't risk investing in a coin that have already gained more than 100% otherwise when it dumps, other people are just losing their profit, i'd be losing my money.
I guess thats just how investment works, often time we should go against our own psychology and its indeed hard, but if we just doing investment in impulse, we will definitely the one that gonna comes out broke.