Don't just stare at the screen of your phone or PC watching which direction 🧭 the price of a coin is going. If after thoroughly studying where to put your money, you have made a decision, trust yourself. Remember that in no way can you control the price with your mind.
That thing that often happens to you—when you sell, the price goes up—and you wonder: "Are they watching me and waiting for me to sell to raise the price?" No one is watching you. It's called "mass psychology applied to trading." Your coin 🪙 hesitates in front of your eyes, while all the others go up, and it seems to have fallen asleep. The 🤖 robots control the price; they don't play with your individual patience, but with the patience of thousands or even millions of investors. They seek to frustrate you, force you to sell, or switch projects. With each sale or switch, you leave them money and either lose or stop gaining.
To avoid that manipulation of your emotions, set a selling price. For example: "I will sell when the price reaches $82" and that's it. If you want to make staggered sales, schedule them: I will sell 25% of my coins when the price reaches $82; another 25% when it reaches $90; the other 50% when it gets to $100. Schedule it and then dedicate yourself to other activities: study, clean the house, wash the car, go shopping, spend time with your partner, watch a movie. Everything has its time. No matter how much you want, you can't force a cesarean birth at six months, because the fetus probably won't survive. Everything has its time under the Sun.
We will talk about diversification another day. Also, you shouldn't have your money spread across 300 coins. Some people exaggerate... what madness 😵💫.
Giorgio
That thing that often happens to you—when you sell, the price goes up—and you wonder: "Are they watching me and waiting for me to sell to raise the price?" No one is watching you. It's called "mass psychology applied to trading." Your coin 🪙 hesitates in front of your eyes, while all the others go up, and it seems to have fallen asleep. The 🤖 robots control the price; they don't play with your individual patience, but with the patience of thousands or even millions of investors. They seek to frustrate you, force you to sell, or switch projects. With each sale or switch, you leave them money and either lose or stop gaining.
To avoid that manipulation of your emotions, set a selling price. For example: "I will sell when the price reaches $82" and that's it. If you want to make staggered sales, schedule them: I will sell 25% of my coins when the price reaches $82; another 25% when it reaches $90; the other 50% when it gets to $100. Schedule it and then dedicate yourself to other activities: study, clean the house, wash the car, go shopping, spend time with your partner, watch a movie. Everything has its time. No matter how much you want, you can't force a cesarean birth at six months, because the fetus probably won't survive. Everything has its time under the Sun.
We will talk about diversification another day. Also, you shouldn't have your money spread across 300 coins. Some people exaggerate... what madness 😵💫.
Giorgio
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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