RE: TRADING MINDSET - YOU DON'T HAVE TO KNOW WHICH WAY A MARKET WILL MOVE TO MAKE MONEY

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TRADING MINDSET - YOU DON'T HAVE TO KNOW WHICH WAY A MARKET WILL MOVE TO MAKE MONEY

in cryptocurrency •  7 years ago 

As someone who has been in the crypto trading world for all of fifteen minutes, I definitely need to shift my mindset to more long term. Crying over my XRP every 3 hours won't make it go up, I need to keep my longer term goals in mind.

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You also have to keep in mind whether you have bought your XRP as a short term trade or as a long term investment.

If it’s an investment, these longer term goals you speak of, is also your plan. Don’t lose track of why you bought in the first place!