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RE: Bitcoin (BTC) Morning Update: Non-Phasic to Altcoins...What does this mean? Check out this Analysis!

in #bitcoin7 years ago (edited)

I'm pretty new to this with about three months into it. What I am learning is to have a lot of patience.

Make your analysis everyday until you see the big picture and then make your positions. You can't expect things to happen the day you make your ladders for buy in or sell hi and buy low. Once finished with your ladders wait, then update your analysis daily in case new probabilities manifest. Then wait some more. Every time I changed my ladders, due to whatever emotions occured and I bought higher just to get back in or sold too soon cause I thought it was the top. In the end the prices would of hit my ladders. Geez I'm making money, but my profits could of been even more massive if I just would of waited more and trusted my analysis.

Haejin says it all the time, that making your ladders will help one to deal with all the emotions that we experience in this game. Like @martinf said have faith in good analysis and add lots of patience and things will workout.