Basically what you said is, i have to do my own research, trust my gut and invest in people, not the coin? Why does this feel so complex.. Sigh!
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Basically what you said is, i have to do my own research, trust my gut and invest in people, not the coin? Why does this feel so complex.. Sigh!
Ahahaha yes bro, it is indeed complex. Wherever money is involved, it is bound to get complex :P
I know trusting your gut sounds a bit vague, but it matters which is why some people are so good at trading and some not so much. The gut feeling comes from knowledge, it will not always be the correct one, but it will usually lead you closer to the right decision if you have your own research done.
Also, the definition of a good trade varies from person to person depending on your expectations too.
Thank you brother.. I think ive learned something today..like i feel im sitting in a classroom and your the teacher infront of the whiteboard XDXD... but in all seriousness what i could put together from all you said is i have to gain experience first hand... No rulebook type of thing exists.. And i have to mind in all the other factors at the same time. While trusting my heart..
Yes bro exactly. It’s all about first hand experience. The market is ever so unpredictable that it is nearly impossible to have a rulebook sort of thing. With experience you could potentially anticipate certain things (like the pump in steem price just before hive launch) but not exactly predict.
thank you brother.. i feel so much better about myself right now..