all cryptos- Top People also ask

For another example, the price of the company you bought has risen above the reasonable valuation, and the rising momentum is very fierce. Can you resist the impulse to continue holding and choose to sell? After the sale, the stock price continues to double at the price you sold. Can you hold back the whole process without moving, thinking or regretting? This is also very difficult to do.To sum up, just one sentence: when holding a position, don't be afraid to fall. Since you have chosen to hold a position, there are reasons for your choice. Not only don't be afraid, the more you fall, the more you want to buy it. When you are short, you are not afraid of rising, and always keep enough cash to wait for the unexpected big opportunity.On the contrary, if your cognition is in place, you basically don't need much persistence or a lot of courage. This is a natural reaction. When you see this phenomenon, such as "underestimating buying and overestimating selling", you will instinctively take action, and there is no discomfort or pain in yourself.

The only way to make money by buying and selling stocks is to be patient.From an interesting point of view, the whole process is very boring, and every step of the operation will make you feel very uncomfortable, otherwise it will not be called anti-humanity. The key is whether you can accept it, be consistent with it and live in harmony with it.For another example, the price of the company you bought has risen above the reasonable valuation, and the rising momentum is very fierce. Can you resist the impulse to continue holding and choose to sell? After the sale, the stock price continues to double at the price you sold. Can you hold back the whole process without moving, thinking or regretting? This is also very difficult to do.

For another example, the price of the company you bought has risen above the reasonable valuation, and the rising momentum is very fierce. Can you resist the impulse to continue holding and choose to sell? After the sale, the stock price continues to double at the price you sold. Can you hold back the whole process without moving, thinking or regretting? This is also very difficult to do.To sum up, just one sentence: when holding a position, don't be afraid to fall. Since you have chosen to hold a position, there are reasons for your choice. Not only don't be afraid, the more you fall, the more you want to buy it. When you are short, you are not afraid of rising, and always keep enough cash to wait for the unexpected big opportunity.The only way to make money by buying and selling stocks is to be patient.