When I sell it goes up, when I buy it goes down?

When I sell it goes up, when I buy it goes down?

By TokenOnFire | holdthatcrypto | 21 Feb 2024


Hello dear readers, I know a lot of you traders or investors have gone through this part of crypto, so the part where everything is currently going up - and you decide to buy (FOMO) - few minutes later, the prices start to fall. And the same happens when you sell, it goes up. I have been experiencing this a lot during my 10 years investment whether it is in the stock market or in crypto. Well believe me, this has nothing to do with you - luck or badluck. It is something to do with your mindset and your perspective.

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pixabay.com

Even if you did not choose to buy and the price goes up - it's your greed part that tells you - you should have bought. And if you buy and the price goes down, your ego tells you - you should have waited.

One of the most important thing to have when you are in the crypto market is patience. I bought Solana (around 140 units at $186) and guess what the price fell till below $10. I kept everything and waited. I am still hoping it will reach a new ATH so that I can finally take up some profit to travel and take some time off :)

 

Please comment on your investment experience below, I would like to hear more from others.

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