How many times have you heard it? or, How many times have you said it? I hear it all the time.
"Hey I lost a lot of money, I need something to make "fast profit"". Ok... STOP.
Let me make it easy for you. If you look up the Merriam Webster dictionary, and search for "Fast Profit" under the Cryptocurrencies category, yes right there to the left, you will see it's real meaning:
Definition of Fast Profit:
1) A person who is about to lose a lot more than what has already been lost. 2) Adj. Describing of a coming sudden loss of money. 3) Common. To lose money.
You get it? Fast profit only means to lose money. So when you say, "Oh, I need fast profit now", then what you are saying is that you want to throw away the little money that you have left, because you lost it all on bad plays.
So, ok we know the problem, but what's the solution? That's why I am writing to start, just needed to introduce the topic.
Instead of "fast profit", think of being sure. Think of research, think of taking your time to make the next move. Think of holding for as long as it takes. Think that if you sell, at the bottom, you will lose everything again.
So instead of the fast profits, that you want to receive, why don't you tell me, "Help me, I want to succeed!"
With that state of mind, the process can start, To develop a strategy, that will make you a star.
So instead of focusing on fast profit. Think about the fact that such mentality is what got you broke in the first place. Slow down, choose a strong coin, we have endless of opportunities, with much more to come. Wait, and think of slow profits. In a few weeks time, you can be sitting on 300%, while with your fast profits, YOU JUST LOST, A 100%.
hello alamasters, you may not be reading this comment, i see that there several comments posted already, and mine will be at the bottom of this, well coming to the point, I've been following from past couple days, I see very good postings from you not just charts, profits, and also on how to be calm in this frenzy crazy, keep going and keep spreading the good, this worlds needs it, once again thanks for your posts and positive thoughts every day, god bless you and your family..
SamuelBob
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I am holding 25%XEM, 50%BTC, 25% BCH. They all are doing well. What is your opnion about XRP? Which coin you recomend as a fourth option in long term? My strategy is hold for months, to avoid mistakes of selling in the bottom.
DancingCryptos
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Do you close all your open positions with altcoins during the Bitcoin Bull run or do you still keep them? Can you explain your strategy during the Bitcoin Bull runs? Thank you!
jkw
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Do you think LTC's bottom has been reached or can it plunge further?? Thanks :)
objectivemoon
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Hey Alan, what do you think of LTC now, some ideas are spreading of a big downtrend for 2018 to come back for autumn. Thank you !
shane_rt
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SO, how do you think about LTC next move ?
morrisc6
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Help me.. I want to make profit.. I started with 0.08 Btc 2 weeks ago I'm down to 0.044btc now.. Chasing after quick profit and also dropping coins at the bottom due to panic.
I've started reading about understanding candles and also controlling my emotions on red candles so I don't rush into panic state.
AlanSantana
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@morrisc6, Ok. Now click on my profile, pick a few trades, and put your new acquire knowledge to test.
Just buy, hold and wait.
Once we reach our target, you sell. Or you can simply place the sell order on the next target level automatically and come back in a few days to collect your profits.
nofrost
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you are a master.. I do not know what it means "nameste" but looks good every time i read..