Why do you lose money?

in cryptocurrency •  7 years ago  (edited)

So, if you are not new to the bidding process, just vote and go on. To all the rest I will now give a very important advice, following which you will begin to receive x, and not to wonder why they evaporate.

Advice

 Do not pull the cat's ears, here's the advice: Do not change your plans. Of course, if you are a huge whale and have played long term, do not follow this advice. For all the rest:  

  1. Write a plan.  
  2. Stick to it, DO NOT THINK! 

If you have a strategy, implement it. The psychology of a person works so that when he begins to change his mind, doubts enter his head, and so on. Once again: DO NOT CHANGE YOUR MIND! It is possible that someone will find this advice stupid. 

New strategy

How often should you make a new strategy? Here everything is individual. The highest frequency: every three weeks. I use a one-month strategy. Pisces larger choose the frequency of the change once a quarter.

For example

I'll give an example: You are logged in alts and plan to keep them to a certain level. But suddenly there is a very interesting ICO, in which you would like to invest money. Of course you can sell the alts and enter it, however, you will miss the profit that you would have gotten by sticking to your strategy. And so it will always be. You will always feel that you are missing some opportunity. This is how our brain works. And this is NOT good. Of course, you can enter a VERY profitable ICO and get even more profit than you would get from your strategy. But think a hundred times what this alternative ghost profit will cost you. This is often thought after. Do not do this.

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Good advise. It's harder than resisting crack sometimes. Not that I know what that's like..