route of retreat

in #hive-1679223 years ago

One of my friend who is familiar with stock has discussed how to avoid risks when dealing with stock or coins, but at that time, I have no idea about it. After this two times operation, I begin to understand what does it mean.

The coins prices are going down recently for ten more days now, many people say it is a political elements, like wars, or the pandemic, like covid-19. And nobody knows when the price will go up again, but if I don't operate the trade with all my USDT, I may buy some more coins at this good opportunity.

Unfortunately, I used all the USDT already and there are no chance for me anymore except to sell some coins which is also loss for me. So now the only thing for me is to wait and watch. If we do something the first time, it may be we are not familiar, and the second time do it wrong, then it is time for me to remember.

So in the future I will always remember to give myself a route of retreat, and it also something I should learn in my life.

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As this time I tried to get to know more coins, and I noticed that every coin has its own way to up and down, if dealing with so many coins, it will spend much more energy, but to choose several potential coins are also not a day's business.

I choose to try and learn from my experience, when I am on the way, then I think I will make progress. Thank you for reading and hope you have a nice weekend!

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You don’t have to blame yourself on making wrong decision on all in to the market too early, nobody know which side the market will go in the next day!

Taking about the retreat plan, you can consider to stop loss (sell some coins or all, it’s depend on different people), so you have done nothing wrong actually

I am always having no plan B, and when it comes to the different side, I usually have no idea what to do🤣
so I guess no matter how the market changes, I should find a solution for myself to survive😉
Thank you for your kind words😘

We earn coins from writing blogs, so no matter what it’s gained😸

yes writing blogs are my main things, just i am waiting a chance to get some coins back😂 and so i begin to do the trades😅

I think you are doing very good job be a blogger.

Thank you Iris😘
I will keep blogging😊

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