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My best friend who recently started trading (and has been doing phenomenally well surprisingly), keeps bringing up the fact that he gets frustrated when he takes profit and sees the price run off without him.
I'm sure a lot of you go through the same emotions. It's normal, [...]
I'm sure a lot of you go through the same emotions. It's normal, [...]
& you'll rarely time the perfect top.
Be content in the fact that you stuck to your strategy, and in the best case scenario, you kept a bag and later down the road you're rich.
As well, newbies [...]
Be content in the fact that you stuck to your strategy, and in the best case scenario, you kept a bag and later down the road you're rich.
As well, newbies [...]
often forget about the opportunity cost of a trade (what else could your money be doing for you in the interim).
Take profit, roll it over and hopefully you strike gold. (This strategy applies more so to this current environment; in particular DeFi category low caps).
Take profit, roll it over and hopefully you strike gold. (This strategy applies more so to this current environment; in particular DeFi category low caps).
You never know when something will rug, so may as well get your initial out when the time is right for you, and search for more opportunities.
@CryptoMessiah has gone at great length of detail in his streams explaining it in better depth.
@CryptoMessiah has gone at great length of detail in his streams explaining it in better depth.
