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Thernos
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Why no one talks about
#BNX/USDT
Am I the only one who is trapped in it? it's now three months since I bought
BNX
at a 0.13 price.
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#BNX If it was once there, it will always come back, hold onto your tokens that's what I have learnt from the BNX surge rising. BNX was the second token that I bought when I had just joined crypto trading with three months experience. My trading career hasn't been that easy since I never had the right mentor, I bought BNX when it was at a price of 1.2 and I was expecting a quick profit exit, only to see it dipping day per day, I never knew about stop losses, I was just afraid of losing my money,I just kept on staring with hope of it recovering in the next few days. Days turned to weeks and to months, I learnt about Dollar Cost Averaging (DCA) and kept on buying the dip which later dipped as well until I ran bankrupt and got frustrated. I decided to wait since I was spot trading, I waited for months, approximately 7 to 8 months, I lost hope,got traumatized since my 1500 usdt had turned to 200usdt and couldn't bear the losses. When BTC bull Run begun, BnX rose a little bit and I was in around 700usdt, it begun to fall and I decided to sell with a plan of buying it again and set 10% take profits until I recover my money. I didn't follow my plan of buying it again and again since it was only dipping yet the market had a lot of tokens that are pumping and rising, I thought it's very easy to recover the losses with these other rising tokens after all I had read and got some knowledge. I was wrong by that time. So seeing it pumping now past my was average after like 10 months has motivated me Never To Sell At Losses, always hold, if it was there, that means it can be there once again no matter the time it takes. Let's keep moving, learning and improving is our goal. The world is too harsh for poor men. #TokenReserve $BNX Note:I don't encourage you to buy it now.
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It seems like knowledge is the toughest opponent we've got in this crypto business that is hindering us from succeeding. The market will continue to challenge you by doing the opposite of your strategy that you developed from the market itself. The past experience,ie the next movements that have been happening before your eyes for particular tokens that you've memorized and thought you've learnt. The minute you put them into action, buying, selling or holding the market will prove you wrong by doing the opposite. I will summerize for you in three points here👇 1.Provided you didn't buy at the top of the pumping tokens,always hold, hoooolllddd until zero. Don't buy tokens that have already pumped and they are on their way down neither should you buy dormant tokens. 2.Don't sell at a loss, I have sold at losses for many tokens i have got tired of holding due to loss of hope in them but later I saw them pumping past my was TP 3.Set your take profit and chill.It will hit 4.Focus on not losing money.
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The only newly listed token have witnessed falling from the moment of its listing without rising. We've been played😌 $TST $1000CHEEMS #1000CHEEMS&TSTOnBinance
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I guess sometimes we just have to trade like a betting addict without using our knowledge; By the time you see a token that has pumped +20%, and you check on the RSI and it indicates over bought probably above 95,what comes into our brains is a correction, ohh I have missed, and you chill. But guess what!by the time you land your eyes on it again after very few minutes, you find it to have pumped more 50℅😣 that's what happened to me today, I saw BNX at 0.23 and I left, after few minutes, I found it already passed the moon. Fear of entering and then it dips is always on my mind and that has made me lose an important entry today.
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After going through the PNL, the other side is always celebrations🎉🎊🎁🎉🎊🎁🎉🎊🎁🎉🎊🎁
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