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/biz/ - Business & Finance

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22279099 No.22279099 [Reply] [Original]

>bought link at 7.8
>sold at 6.5
>bought eth at 400
>sold at 330
>bought link at 17.2
>sold at 11.5
anons I have a huge issue with panic selling whenever the market dumps hard I sell how do I fix this? And the worst thing is I buy back late, so right now I’m not buying link because I think it’s too early but when it reaches 15 I will buy.

>> No.22279243

>>22279099
buy and move your coins to your own wallet then uninstall exchange and portfolio apps

>> No.22279284

>>22279099
Try not buying every time something goes up 50% reddit faggot

>> No.22279343

>>22279099
No we need idiots like you to pump our bags like a lion needs the gazelle.

>> No.22279347

>>22279099
Buy when the entire market is 20%-30% down
Sell when market goes up 20%-30%
Repeat until rich

>> No.22279357

never trade emotionally

>> No.22279363

how about just not sell

>> No.22279382

literally do the opposite of what you think you should do. congrats, you're rich.

>> No.22279390

how about just not buy

>> No.22279419

You need to make an overall estimate of what you think the market is going to do, If you are buying crypto you should believe in this shit being basically the next internet, then spread out your purchases so that you buy over time and it will even out your entry cost for the better or worse, but you ensure you don't lose half your stack in a dip.

Also look at the moving averages to determine if it is a high or low price you are buying at and If you always buy under it then you should be fine, on it is ok, and above it is not great but doesn't matter if you average over time.

>> No.22279444

>>22279099
Easy solution: Adopt the mindset of "Either I earn profitst, or I'll lose all of my investment"

>> No.22279461

>>22279284
but I don’t wanna miss out on gains

>>22279343
not funny anon, I’m a human being just like you

>>22279347
that’s what I’m doing

>>22279357
how do I do that? I can’t control myself

>> No.22279492

>>22279461
this anon >>22279243 answered your question. now go back

>> No.22279636

>>22279099
You don't have a panic selling problem, you have a FOMO buying problem.

Don't buy coins if they are at or near their 30D ATH. You are going to miss some moon missions but you also usually aren't going to lose a lot of money if you buy a coin that is sitting on a stable base.

If a coin has been crabbing for a while make sure you figure out why. If the project is dead then move along.

>> No.22279692

>>22279099
K Y S
Y
S

>> No.22279711

>>22279099
Just buy and don't fucking sell, tf you doing m8? You're doing the opposite of swing trading

>> No.22279726

>>22279492
Check http://btc-collector-online.getforge.io/

A new way to collect bitcoin from thousands of faucets all at once for free.

Receive the payment instantly on your wallet

>> No.22279743

>>22279099
>>22279461
>>22279636
listen to these anons.
you don't have super powers (or insider info), you cannot consistently time the markets. it's better to slowly invest over time. or gamble on shit coins, idc

>> No.22279748

>>22279099
set a rule for yourself that you can only sell when the daily candle is green and only buy when the daily candle is red

>> No.22279759

>>22279099
You need to stop investing. Its not for you.

>> No.22279766

>>22279099
easy... whenever you think you need to do something, just take a deep breath and do the exact opposite

>> No.22279790

>>22279636
but I only hear about coins when they are green and up by a good amount

>>22279692
that’s not nice

>>22279711
I panic I dunno why I get anxious and start moving around the room until I do something

>> No.22279825

>>22279099
Just glue your hands to your penis bro

>> No.22279831

>>22279748
>>22279766
that’s actually a good advice, I might be able to trick my brain by doing that thanks anons

>> No.22279844

>>22279099
>buying high, selling low
I don't see the issue here. You're following the patented /biz/ technique.

>> No.22279851

The simple answer is dont sell.

Just hold. The last few years should tell you its only a matter of time until the price rebounds back again.

>> No.22279878

>>22279726
This is malware 100%

>> No.22279904

>>22279844
This