[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 194 KB, 900x900, channels4_profile.jpg [View same] [iqdb] [saucenao] [google]
49315802 No.49315802 [Reply] [Original]

Whenever what I bought pumped 50-100%, I always sold everything because of my fear and bias "it usually dump with 0 bid really hard after this..." which is not untrue most of the time, but sometimes it continued to pump like crazy.
I missed x20 after taking profit at +80% 6 months ago
I missed x15 after taking profit at +55% 3 months ago

And now, the stock I sold 3 days ago for +52% kept pumping (+200% now). If I ignore it, it'll go x20 or something, but if I re-buy now, I just know it'll definitely dump with 0 bid immediately like what happened a few times to me long ago.

Why can't I just HOLD? even if it really goes down after the pump, I can still sell it with profit, just less profit.... the risk isn't actually big... but of course I'm always too scared to hold. I always want to sell and realize that juicy profit NOW.

I gained $10,000 this year, but could've easily gained over $100,000 (huge amount in my third world country) if I wasn't such a scaredy cat. I'll never make it like this...

How do I muster courage to hold?
How do I muster courage to buy AFTER a pump, hoping for even more pump?

>> No.49315909
File: 3.11 MB, 640x640, TROGE.gif [View same] [iqdb] [saucenao] [google]
49315909

>>49315802
ok, since you suck at trading, here's another chance to be early on something. I know how you feel anon, but please don't fuck this up. Check file name. We'll see you soon.

>> No.49315962

>How do I muster courage to hold?
Nobody knows where an asset is headed but the insiders painting the charts. You could just as well have lost money by holding as well, so good for you to take profits.
>How do I muster courage to buy AFTER a pump, hoping for even more pump?
This is usually a recipe to lose money. You're supposed to buy low and sell high.

>> No.49315994 [DELETED] 

So far this year I have successfully sold a ATH for profit. All three times I immediately bought back in on the next green candle, only to get savagely dumped on. My portfolio is now down 99.5% rather than being up tens of thousands of percentage points.

>> No.49316010 [DELETED] 

So far this year I have successfully sold a ATH for profit. All three times I immediately bought back in on the next green candle, only to get savagely dumped on. My portfolio is now down 99.5% rather than being up tens of thousands of percentage points.

>> No.49316019

So far this year I have successfully sold a ATH for massive profit three times. All three times I immediately bought back in on the next green candle, only to get savagely dumped on. My portfolio is now down 99.5% rather than being up tens of thousands of percentage points.

>> No.49316027

>>49315962
>>49315994
I'm mostly trading stocks and especially buying IPOs. My country's stock market is still young, so the growth is really nice. I just hate that while I'm making profit more of then than not, that profit could've been MUCH MUCH bigger if I wasn't such an impatient scared retard.

>> No.49316089
File: 5 KB, 250x140, pepe-apu-thumbs-up.jpg [View same] [iqdb] [saucenao] [google]
49316089

>>49315802
you didn't do anything wrong, you're gmi

>> No.49316112

>>49315802
i cant hold for shit either, i think its due to being raised in scarcity so we're kinda in survival mode, the moment you get some real gains you want to secure that motherfucker. Only richfags can afford to hold

>> No.49316124

>>49315802
When you're going to sell, leave 5-10% in.

>> No.49316142

You took profit. Anon you came out on top.