Guys, remember to withdraw your profits.
Don't get greedy. Don't get greedy. Don't get greedy.
With shitcoins, only the profits you take are really yours. That string of numbers on your screen can disappear with one candle tomorrow. Lobster can swing several times over in a day; even when the bull comes, it can drop 30% in seven days. You think you can hold on, but the market makers don't see it that way.
A lot of people know they should sell—they're just afraid it'll keep going up after they do. Then they watch their profits go from 100% to 50%, then back to break-even, and finally into a loss. Those two words, “don't get greedy,” have hurt more people than losses ever have.
My approach is simple: once you've made enough to feel happy, withdraw it first. Do whatever you want with the rest of your position; if it goes to zero, it won't hurt. When your principal is in your bank account, you can keep a level head. When it's still on the exchange, you're just providing liquidity for someone else.
#龙虾 #牛来 #icp
Don't get greedy. Don't get greedy. Don't get greedy.
With shitcoins, only the profits you take are really yours. That string of numbers on your screen can disappear with one candle tomorrow. Lobster can swing several times over in a day; even when the bull comes, it can drop 30% in seven days. You think you can hold on, but the market makers don't see it that way.
A lot of people know they should sell—they're just afraid it'll keep going up after they do. Then they watch their profits go from 100% to 50%, then back to break-even, and finally into a loss. Those two words, “don't get greedy,” have hurt more people than losses ever have.
My approach is simple: once you've made enough to feel happy, withdraw it first. Do whatever you want with the rest of your position; if it goes to zero, it won't hurt. When your principal is in your bank account, you can keep a level head. When it's still on the exchange, you're just providing liquidity for someone else.
#龙虾 #牛来 #icp