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Post 66126697
Topic 5565584
Re: When crypto spikes, exit the market
by
@nn@_pen9
on 03/12/2025, 11:07:51 UTC
Quote from: Fullcoinese on November 27, 2025, 07:39:08 AM
Quote from: Furball808 on November 16, 2025, 05:30:17 AM
You were exactly where you were supposed to be. That is before the spike not after it.

If you can exit and make a profit from trading, it would be good for the trader. But sometimes traders are not satisfied enough with the profits they get. Even some beginners do not know the selling targets they can achieve. Their hope is for bigger profits, but they do not anticipate the downturn after a price surge. Traders who have overly high expectations usually panic when a rapid decline occurs following a price spike.
You're right, this happens almost exclusively to beginners. Greed or dissatisfaction with profits is a major enemy for beginners and can also lead them to hold positions too long, risking losing their profits.

We should set a clear profit target before entering the market, as this can help them make more rational decisions. Without a target, they can become trapped by their own decisions. In this case, we really need a proper strategy and discipline so that beginners can avoid common mistakes and increase their chances of success in the market.