This is a problem I have in which I can't get myself off.
Our country economy has made us not want to lose any money which makes us panic and trade with emotions.
And at the end I end up loosing
You seems as if you don't care if a coin is dumping.
You didn't panic sell as vyb price is going down recently.
I wish I can be patience like this because the fall of vyb is giving me a concern
The difference is in your emotions.
Fear in selling means. Panic selling
The difference is in the mind.
many are panic sellers without information they fomo and fud
Emotions fear and greed.
Can affect your trading
Fake coins caused people into panic selling.
Then invest in coin that is safe and that's more utility and a good road map.
Gambling in shitcoins results in dump
Many coin don't fufil their roadmap.
How would we know that?
Yes because there are many trusted project that rugpulled in the past.
So people fear past situation and sell of in panic
Nothing can be more damaging than PANIC
This is a problem I have in which I can't get myself off.
Our country economy has made us not want to lose any money which makes us panic and trade with emotions.
And at the end I end up loosing
You seems as if you don't care if a coin is dumping.
You didn't panic sell as vyb price is going down recently.
I wish I can be patience like this because the fall of vyb is giving me a concern
Most panic sellers don't make profits
Sure
Yes in panic selling always sell in loss
Great truth one should hold in this cryptospace
Trade Bitcoin and when it dips I only think of buying more because am sure it will recover later
For long-term holders
Yes
Long-term and not for short-term holders.
For over 3 month,btc has not returned to its all time high
Bitcoin is the father of crypto of course.
If btc crash,then crypto too will crash
There are few possibilities that altcoin will later become stronger than btc later
The possibility of Altcoin being stronger than Bitcoin is already at hand.
Altcoin how many possibilities like gaming,defi,nfts,cex,Dex etc....
Many ways of holding people's money.
Sure
If blockchain becomes the heart ofinternet,then altcoin is powerful than Bitcoin
Taking profit bad stop loss are trading strategy but panic sellers do sell out of fear and most of them are full of greed
If you want to trade don't pass the boundary of trading and they want to buy and hold you hodl.
Don't panic sell or fomo into a project
I go into a crypto projects in up to make small profit and run but I end up changing my plan this with my emotions greed or fear
Yes
You will think you are disciplined until you enter another trade before you know I'm greedy especially if it is pumping
Greed and fear are what make the word hodl corrupt
A real project, hodl is always good till future but bad project is not good to buy at all not to talk of hodl