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/biz/ - Business & Finance

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9340298 No.9340298 [Reply] [Original]

>sell altcoin after it pumped
>buy wall immediately appears keeping it from dropping lower than my sell price
>close tab hoping it's just a fake wall
>check hour later, it's up 2% and keeps going
>panic buy back in
>it starts dropping right after
>sell
>buy wall reappears and it pumps even more
>buy back in
>it's going down again
>too scared to sell now
>it drops like a rock
What the fuck happened?

>> No.9340316

The moment you sell, it's just another shitcoin.

>> No.9340357

>>9340298
>you are too emotional and don't set targets
you are unable to let go of a successful trade
>you are submitting to the gambler's fallacy
>you subconsciously think you are special
>your subconscious narcissism prevents >you from making rational trades which are obviously in your favor
>'oh it's a 25% chance but because i made this decision it's good, i will be vindicated despite the odds'

the price movement has nothing to do with it

>> No.9340376
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9340376

>>9340298
>What the fuck happened?

Well gee, I don't know what could've possibly happened...

>> No.9340427

If they are playing the market you're the one getting played

>> No.9340493
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9340493

>>9340298
happened to me once on a NXS pump
lost so much that day

>> No.9340507

>>9340298
Domp eet

>> No.9340933

>>9340493
Well, what did you learn from that?

>> No.9340952

>>9340298
They are watching your every move.
https://www.youtube.com/watch?v=KV5QlSgq7lg

>> No.9341041

>>9340933
How to HODL