𝐈𝐟 𝐲𝐨𝐮 𝐤𝐞𝐞𝐩 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝕋𝕙𝕖 𝔻𝕚𝕡 .. 𝗚𝗲𝘁 𝗼𝘂𝘁 𝗼𝗳 𝗰𝗿𝘆𝗽𝘁𝗼
𝐘𝐨𝐮𝐫 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐢𝐬 𝐰𝐫𝐨𝐧𝐠 𝐭𝐨 𝐛𝐞𝐠𝐢𝐧 𝐰𝐢𝐭𝐡.
Getting in
First of all, if this is you, you buy in a period of sideways movement.
It´s better to buy after the breakout.
Preferably a breakout to the downside, but a breakout at the least.
If you had waited and bought the dip of at least 10% you already got in at a smarter point in time.
Even if it would dip a bit lower you would feel like buying the dip, hence feeling proud and not sad.
Getting out
Never get out after a dump. I
t resets RSI and changes the playing field.
Your coin might not go back to the previous high but you can at least break even if you wait, a bit.
Especially when you are in a bull market or the current pre-bull market.
It´s Easy
It´s easy not to be this person, but so many are.
You see just some simple advice can change into not being this person quickly, so why do so many peeps feel like this?
Why?
First of all, you are too focused on the price once you buy.
Secondly, you might have invested what you are not willing to lose, which scares you.
A scared person does not act rationally, your psyche wants to get out and even sell at a loss.
Remember!
It´s only a loss if you sell, not when you swap for another coin with more potential.
What goes down will go up.
Making a profit dabbling in crypto takes time, you will not...I repeat not double your money overnight (every night)