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Phangia
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The peak today is the bottom of tomorrow 🤣🤣
The peak today could also be the peak for the whole next year 🥰
Will it continue to rise or is it just bait for newcomers? As a newcomer myself, seeing the rise is tempting, but when it gets too high, it’s easy to reach a peak, so I’ll pass. I prefer to play with coins that rise a little but are stable; I’m not yet bold enough to surf with these coins.
The phase of panic selling by the new players and those passionate about trading...
When I first entered, I felt like many others when the value of the coin dropped; the general mindset is fear of loss, fear of falling deep, and losing money.
Since the day before yesterday, I've lost 20% of my account, but it’s okay; the coins are still there, and if I don’t sell, I don’t lose. When I first started, I wasn't confident; if the price dropped 10%, I was worried about panic selling. But gradually, I had to change: profit around 10-15% cut the profit, losses I hold and wait for recovery.
The game always has winners and losers.
Winners take profit at stop points, losers frantically chase the whirlpool.
This game operates like a sine wave,
I hope everyone stays calm before making decisions.
😆 Normally, everyone is the same; if you have an order, whether it goes down, just be patient, and you will win in the long run; don’t worry about it; it will rise again 😆
With a small amount of money, everyone is clear-headed as the admin says, but when pouring a large sum into it, greed and fear will overwhelm everything.
The common mindset of traders:
1. When the coin drops, they worry and sell quickly to cut losses.
2. When the coin rises, they worry about taking profits too early; the profit isn't enough yet.
3. When the coin drops slightly, they sit and hope it will rise again.
4. When the coin rises slightly, they hope for a further increase before selling.
=> In the end, 99% of traders choose to sell at the cut-loss price, so do you know why?
The peak today could also be the peak for the whole next year 🥰
Will it continue to rise or is it just bait for newcomers? As a newcomer myself, seeing the rise is tempting, but when it gets too high, it’s easy to reach a peak, so I’ll pass. I prefer to play with coins that rise a little but are stable; I’m not yet bold enough to surf with these coins.
The phase of panic selling by the new players and those passionate about trading...
When I first entered, I felt like many others when the value of the coin dropped; the general mindset is fear of loss, fear of falling deep, and losing money.
Since the day before yesterday, I've lost 20% of my account, but it’s okay; the coins are still there, and if I don’t sell, I don’t lose. When I first started, I wasn't confident; if the price dropped 10%, I was worried about panic selling. But gradually, I had to change: profit around 10-15% cut the profit, losses I hold and wait for recovery.
The game always has winners and losers.
Winners take profit at stop points, losers frantically chase the whirlpool.
This game operates like a sine wave,
I hope everyone stays calm before making decisions.
😆 Normally, everyone is the same; if you have an order, whether it goes down, just be patient, and you will win in the long run; don’t worry about it; it will rise again 😆
With a small amount of money, everyone is clear-headed as the admin says, but when pouring a large sum into it, greed and fear will overwhelm everything.
The common mindset of traders:
1. When the coin drops, they worry and sell quickly to cut losses.
2. When the coin rises, they worry about taking profits too early; the profit isn't enough yet.
3. When the coin drops slightly, they sit and hope it will rise again.
4. When the coin rises slightly, they hope for a further increase before selling.
=> In the end, 99% of traders choose to sell at the cut-loss price, so do you know why?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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