HARSH REALITY ABOUT BEING UNABLE TO PARTICIPATE ON A PUMPING COIN
If you're looking for posts that aren't all blatant lies and want to open your eyes about the truth of crypto trading. Then, you're in the right place.
As you ponder on how did others identify surging tokens before they pump, you oftentimes ask whether they have a secret indicator that would identify coins with most potential of surging. However, this is not the case for those who've already identified tokens before they surged such as me and Gainers Pack.
I'll tell you exactly why you need to stop entering at the peak and just let the coin settle first before thinking it would surge like most that have experienced theirs.
When you experience fear, this is where you're most likely hesitant in entering the market. However, once you experience greediness or bliss, you are confident in entering a position most likely buy order. Since almost everyone in the market would feel the same way, they would most likely have the decision of entering a sell position at a fear market and buy position at a greedy market.
What's the importance of highlighting these factors?
As you can identify what most would decide in the market, you can take advantage of the fact that everyone can be taken off guard with sudden surges or crashes. In fact, whenever the fear level is at its peak, most would not think about entering a buy position and would most likely enter a sell position even though the prices are already discounted. This further proves that the surges' cause are the likelihood of having lesser demand interest from everyone at first but once demand accumulates, a lot would then hop in the trend and cause the price to surge. Accumulation is the key word for how surges happen, once the overall accumulated strength of a token increases, it will have a high chance of doing the rally. After the accumulation, markup resulting to high increases in price will happen. Once this happens, the feeling of bliss will then happen as more peaks will continue to ensue. Only SOME would enter at the fear level and MOST would enter at the peak with highest chances of rejections from distribution of supplies.
Why is it bad to enter a pumping coin?
Entering a pumping coin have the highest tendency to rekt your capital within key levels where the token would reach its greatest volatility. Thus, this would make you miserable if you enter a token only when it's almost reaching its peak or even creating impulsive waves after impulsive waves that would destroy your funds especially if you don't manage your risk. The best way to prevent getting the harsh reality we've talked about is to control your trading positions and always remember, greed feeds the mind with excitement that could lead to regret and fear feeds the mind with anxiety that could lead to regret.
Stay wise, trade cautiously.
