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Successful crypto trading always something that make a investor's day awesome and I've just experienced the awesomeness once again today. Orders for selling done and waiting for next buy. Last buying wisely worked and it making me optimistic and motivated. Not a gain but recovered some. 20 more dollars needed to recover recent loss of around $53 dollars. The loss was the result of buying desired coin unwisely and sold it earlier desperately. I call it, Bad timing of buying.
A mistake is definitely a lesson and learning something can help in the future. This is high time to hold for next buy. Finally my coin pump a little when other coins were pumping earlier and bitcoin price was above $70k. For next buy It's important to be smart and waiting for dump is wise for buying desired crypto, it maximize the chance of gain and helps to avoid unexpected loss when coin price dump for a long time and unexpectedly a shocking dump happen to change everything.
Half of this post written in the morning and got busy and stuck with other activities. Here come to finish and share. Let's talk about the point, some selling order was successfully filled this morning when my coin was pumping and usually I get desperate to buy and the desperation force me to buy again even when the price is high. Later it cause regret. So this time, I decide to wait for next buy and the buy is possible when my desired coin will dump again or as usual.
Already experienced loss many times in crypto trading journey for last 3-4 years and now It's time to practice some patience and act smartly. Being professional is most important and desperation is something unwise that we should control or give up if possible. Desperation is an emotion and when It's about money, better we keep the emotion aside and act smart. These for me because I need to remind myself my mistakes I made in the past and this is the high time to not repeat them. Anyway, will keep updating my trading steps in upcoming blogs, if you're interested, feel free to follow my crypto trading updates.
Thanks For Stopping By!!