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RE: Vlog 210: Sticking to my plan: Buying crypto with Fiat in the downtrend.

in #life7 years ago (edited)

Thank you for your honesty. Buying in to early happens. All investors been there, including myself.

Do you have enough time to wait it out? Then, I would wait to see how the markets develop. If they go way lower you can add some and lower your buy in average and if they go up you will be fine too.

Don't trade on emotions, trying to win some money back, that's usually bad. I hope this helps.

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You are right - luckily I got some experience (not too much) and have at least an indication when I am on "tilt" meaning my emotions taking over. But your advice helped (I appreciate it) because I know I am at the moment - closed all charts today and committed myself to a "no look at it day" ;-)

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