RE: Bitcoin (BTC) Morning Update: Non-Phasic to Altcoins...What does this mean? Check out this Analysis!

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Bitcoin (BTC) Morning Update: Non-Phasic to Altcoins...What does this mean? Check out this Analysis!

in bitcoin •  7 years ago 

I am also a holder but as Haejin said in last update the sentiment is Jaws of wealth i know without asking Haejin that his view will not have changed on this... i know first hand it is hard to sit and think your investment in going away but you have to have faith.

Everyone though spreadcoin was dead.... and look at it now. Follow verge on twitter listen to the creator of verge in interviews... he is a very switched on guy, just under alot of pressure at the moment.

But again, haejin doesnt even listen to news and events. He repeatly says that the waves make the news... NEVER NEVER the other way around. Trust me... you need to hold Verge. I want to buy more but feel like you do.

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  ·  7 years ago (edited)

I'm pretty new to this with about three months into it. What I am learning is to have a lot of patience.

Make your analysis everyday until you see the big picture and then make your positions. You can't expect things to happen the day you make your ladders for buy in or sell hi and buy low. Once finished with your ladders wait, then update your analysis daily in case new probabilities manifest. Then wait some more. Every time I changed my ladders, due to whatever emotions occured and I bought higher just to get back in or sold too soon cause I thought it was the top. In the end the prices would of hit my ladders. Geez I'm making money, but my profits could of been even more massive if I just would of waited more and trusted my analysis.

Haejin says it all the time, that making your ladders will help one to deal with all the emotions that we experience in this game. Like @martinf said have faith in good analysis and add lots of patience and things will workout.

So you mean that trading analysis from Haejin doesn't even need to reflect reality? I'm holding Verge as well and decided not to sell but I dont really understand the Jaws of Wealth, I just experienced Jaws of Frustration and Depression :D could u gimme some lights in this plz

that's because you're a minute trader.