1. You Lack Patience
Patience is not the ability to wait, but the ability to keep a good attitude while waiting.
2. You Rely On Others To Do The Work
3. You're Greedy
4. You Rather Blame Someone Else For Your Own Mistakes
5. You Only Think About Yourself
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I just buy and hold. Buy and hold. One day I'll decide to sell and until then I really don't care what is going on.
yeah i find it not best to constantly be looking at the prices of what you hodl bc if you look, see it run and sell, most of the time you sell too early and lose out on potentially huge profits (I did this once and was kicking myself in the butt for it) OR it could be vice versa... your hodling dips, you panic and sell out for a loss... Buy and Hold is always a good route to go
good thing.. i resteem.
Upvote saya
bereh boh..
I think this was written specifically for me
i think of it in the patience like i was scared about the money going down but from that i try to find the sources to figure how the market goes. i see crypto as like how the stock market works. buy low sell high if you know that and got sources to tell you got better chances. we're in a business of gamble here
You said it way better.
No need to add anymore cause this is it.
Keep on steemin'
If you think of it, these rules apply in all walks of life and not just in crypto!
So basically:
Great advice! Thanks!
Simple and true! Thank you for the precious reminders brother! And for the comment on my facebook post yesterday :)
Yep, a great list. I'd also add that people won't be successful because they're investing more than they can afford to lose as soon as they enter the crypto-space.
This adds unnecessary stress and anxiety that can lead to making further mistakes within the market, ultimately wiping you out.
There is a thin line separating the "hodler" from the "bagholder". How will we avoid the latter?