RE: NEVER trade off of emotion!

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NEVER trade off of emotion!

in cryptocurrency •  7 years ago 

I agree. Even myself knowing that basic understanding of trading (buy low, sell high), it's sometimes nerve wrecking to see a coin shoot up 200% within a couple days when you're expecting or hoping for a dip to occur soon. Sometimes I just take the plunge and go for it (based off emotion) and it has cost me greatly or has actually made me some good profits. Either way, FOMOing is a huge deal with cryptocurrency since a day in crypto feels like a month.

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it can definitely get the adrenaline pumping and cause you to make impulse decisions!