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RE: The psychology of trading : analyse - buy - wait - be patient - don't be greedy

in #cryptocurrency7 years ago

This is good advice, but unfortunately the crypto market is SO volatile that it defies logic. You don't know when the pump and dump crew will blow up a coin and subsequently crater it. This makes it hard to judge on past performance because the effects of these P&D ops really mess up a coin's value.

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This why we have to not be very greedy, it's better to make a little profit with a low risk than to make a big profit with big risk.