So, not a good one last week, would have been better to stick to cost average on fridays, but misinterpretation is part of the game. As Coinvestors the only thing to avoid is miscalculation of positions and to buy in with too much to early. Believe me, I did that a lot, so I learnt to set my posistions in the right size, to participate in the market on a support and to have enough fiat left to buy more should the market drop.
FUD - Fear, Uncertainty, Doubt
Last years rally has set greed in the crypto market to a another level, but this always happend, if something is growing bigger.
Greed is good !?
Where's greed, there is always fear around the corner...fear of loosing money by selling to early, fear of waiting to long to hit the market bigtime, fear to set a stop and miss a bullrun, fear to set no stop in a volatile market and so on....
This is the stuff EVERY bigplayer, daytrader, coinvestor and ordenary Joe invesot has to deal with...and there is no patent how to overcome fear that leads to buying high (fear of missing the run) and selling low (panic in a bear market).
But with the simple strategy of informing ourselves in crypto world on a individual but regular bases and cost averaging selected coins and project we believe in we have a mighty weapon in hand.
The #coinvestorarmy should follow this simple rules everytime the make a crypto buy and trade
ASK YOURSELF EVERYTIME
- Is the Coin/Token I wanna get worth its market cap
- is ther e a true benefit in the oin/Token I wanna get
- am I in for short term (<1 month), midterm (2-12 months) or longterm (> 1 year)
ALWAYS REMEMBER
- you didn't loose anything until you sell
- Think twice before you sell AND buy
- Panic was never a good advicer
- Don't invest more then you can loose
- High risk come rarly with high reward when feelings and only opinion from others are involved
FUD - Fear, Uncertainty, Doubt
Last years rally has set greed in the crypto market to a another level, but this always happend, if something is growing bigger.
Greed is good !?
Where's greed, there is always fear around the corner...fear of loosing money by selling to early, fear of waiting to long to hit the market bigtime, fear to set a stop and miss a bullrun, fear to set no stop in a volatile market and so on....
This is the stuff EVERY bigplayer, daytrader, coinvestor and ordenary Joe invesot has to deal with...and there is no patent how to overcome fear that leads to buying high (fear of missing the run) and selling low (panic in a bear market).
But with the simple strategy of informing ourselves in crypto world on a individual but regular bases and cost averaging selected coins and project we believe in we have a mighty weapon in hand.
The #coinvestorarmy should follow this simple rules everytime the make a crypto buy and trade
ASK YOURSELF EVERYTIME
- Is the Coin/Token I wanna get worth its market cap
- is ther e a true benefit in the oin/Token I wanna get
- am I in for short term (<1 month), midterm (2-12 months) or longterm (> 1 year)
ALWAYS REMEMBER
- you didn't loose anything until you sell
- Think twice before you sell AND buy
- Panic was never a good advicer
- Don't invest more then you can loose
- High risk come rarly with high reward when feelings and only opinion from others are involved
Trade active:
if you guys stay strong and bought your small weekly or bigger monthly coin, you be in a better spot then most of worlds top hedgefunds....so just stay in and buy some bitcoin !!!