Cryptocurrency Journey- A Minor Step Back.

in cryptocurrency •  8 years ago 

As you guys know, in cryptocurrency there are many ups and downs, happiness and sadness.
Yesterday I knew both happiness and sadness.

I enjoyed a great opening yesterday which led me from 113 usd to 153 usd, a great profit.
I then sadly invested in a coin that I didn't know was going to be delisted.
When I figured it out it was already 20% less money...

No worries, A minor step back.
Then I invested in a coin which I had great hopes about, but it seemed stuck so after an impatiently move I sold my share and went to another coin, finding out today's morning that the coin I sold went 40% up(patience is key my friends!).
I suffered another loss with the new one which led me back to 115 usd.

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I knew there will be ups and downs, I was ready for it and learned from my mistakes. Hopefully by the time I write another post this evening I will get back to 150 usd worth of bitcoin.

Wish me luck!

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You just have to have patience and discipline in this game. Guess bitcoin is low now. Good luck buddy, your luck will shine soon.

Dont forget to check out my post for a linck to collect free crypto..a once in a life time opportunity

Yes, patience and discipline is the key, you didn't failed yourself, it's a learning game, the biggest fight in the markets is with your emotions. One thing I have learned is that before make any trade you have to know the your entry and exit points and scenario. I wish you best of luck and don't give up!

Thanks, you're so right!

Good point

I know man, I failed myself.
Thanks for the advice and good luck.

You didnt fail buddy, its just a learning curve.

True!

good luck

Good luck man!

Thanks

I agree with @charles1 . This is a game of patience. Key is execution. If you can study risk management in trading, then execute, you can make a lot of money.

Don't take action based on how you feel, but based on how you planned your action on the first place. Good luck bud.

Thanks man, learning from my mistakes is the best way to learn!

Check out my post, https://steemit.com/cryptocurrency/@stjohngo/power-in-concept
You might find something useful there. Its long, but it's a research I made to help everyone starting, and is already in the industry.

Will take a look

Patience really is key. I am going in loss in almost all my crypto holdings on Poloniex and Bittrex. But I can wait for the good times. I have some patience. Lol

Yeah, I gotta improve my patience.

Good luck and would loved to read more from your crypto experiences.

Will post on a daily basis to keep myself motivated!

A tip. Follow @suppoman on YouTube. He's awesome.