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TAKE EARLY PROFITS
If you do not take early profits and you actually ride the coin to the top and still don't sell there and it starts to go back down, you then become emotionally invested at the top.
If you do not take early profits and you actually ride the coin to the top and still don't sell there and it starts to go back down, you then become emotionally invested at the top.
Because in your head you already had that 1 #BTC 
open profit and now you should be selling at "only" 0.5 profit? Hell no, you want that 1 $BTC you had again.
So what does the market do?
"He ain't baiting sir, continue to dump" and you will end-up at break even.
open profit and now you should be selling at "only" 0.5 profit? Hell no, you want that 1 $BTC you had again.So what does the market do?
"He ain't baiting sir, continue to dump" and you will end-up at break even.
Now you either sell at b/e or you will say to yourself: OK I will wait and I will at least sell for that 0.5 profit.
And it goes only to 0.3 and then reverts again and you just "can't" sell and it goes even deeper and then you end up at -0.2. If you are lucky.
And it goes only to 0.3 and then reverts again and you just "can't" sell and it goes even deeper and then you end up at -0.2. If you are lucky.
Then you fak up the next trade, and another -0.2, and then you want to get it back so you go all in and you fak up again.. -1 BTC
Then next awesome opportunity comes along and you are again in that +1 #BTC OPEN PROFIT
But overall you are already -1.4 and you want to make it back "in this one trade" so again you won't take early profits and it goes back again to only +0.5 open profit.
Cycle repeats
OPEN PROFIT But overall you are already -1.4 and you want to make it back "in this one trade" so again you won't take early profits and it goes back again to only +0.5 open profit.
Cycle repeats
