As a trader never settle for less - page 3.

puloweh555

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Quote from: mirakal on January 31, 2024, 06:59:36 PM

In life, never settle for less but always go for the best. Same also in trading, you don’t have to trade if you have less knowledge and skills gained because that will only reflect to your trading outcome. If you still pursue to trade, your success and profitability will less likely to occur but more of losing and committing mistakes. While if you trade with confidence since you have all the knowledge and experience what it takes to be a successful trader, then your trading profitability will gain higher probability. But I’m not saying that it’s wrong to commit mistakes and lose in trading, of course that’s also vital to build your skills and potentials to become a competitive and productive trader.

Yes that's right. In trading, never feel satisfied and have to dare to get out of your comfort zone so you can get bigger profits. Of course, all of this must be based on adequate knowledge and experience. Failing and losing are valuable lessons from trading, so never regret it, make it a lesson for a better future.

Trading can make you rich and vice versa. apart from studying trading well, portfolios, understanding price direction, and so on. But the main thing is to build mental strength, courage, a high level of self-confidence to determine your trading decisions. I am sure that if someone wants to get more profits, it is not greed if it is balanced with sufficient knowledge and experience.

jossiel

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Quote from: OGsmall on January 29, 2024, 09:13:48 PM

As a bitcoin trader and holder one should never settle for less

In life I have watched many rich people who want to make more and more money why is this so??

Because it becomes a habit. Once a person gets to the top, it is addicting that you don't want to be down or out of money anymore and that's why you work even harder.

Quote from: OGsmall on January 29, 2024, 09:13:48 PM

I have noticed that the rich always want more for there him self even though he has more him still want more to himself, so I will advise us as a bitcoin holder or trader don’t think because you are in your comfort zone makes you feel better that a fat lie I have realized that Comfort zone only makes us feel weaker and lazier

Most rich trader today keep this phase “ The pursuit of excellent is the bests “ so as I young trader don’t always see yourself as someone who is weak and lazy always sand strong in getting what you want at a best level.

Trader, holder or investor they're all the same.

The motivation is there and all we have to do is to be wise with our decisions if ever we get successful from all of these paths or whatever you're good at.

The rich became rich because not on how they've made a lot of money but because on how they've managed those money and how they've reacted on taking care of it well and reinvesting it to the right investments.

|MINER|

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It is good to be luxurious. Luxurious people are ready to take more risks for a comfortable life. If the goal is high, people are ready to work harder. But ambition is often the cause of downfall. Because when people are blinded to the goal, sometimes they cannot judge good and bad. Then he took many wrong steps without understanding. I would say nothing in life is too good. Everything should be normal in life. But everyone's lifestyle is different.

abel1337

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I believe that we human desire more than what we have. I have an experience of being locked on my comfort zone and being satisfied with what I am doing, the result made my growth slow, I became lazier and lazier because there's little to no risk on what I am doing back then. My goals perished, that's the time I realized that being satisfied with my pace and what I am doing will just affect me negatively. There's a advantage and disadvantage on being satisfied but of course it depends on what you are doing and your mindset.

Never settle for less as long as you don't try being greedy, everything will be alright. Learn our limits.

bittraffic

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It also comes from the rich trader who taught us to never settle for less. there is a wisdom that anyone can share especially if they find themselves in a particular situation but Warren Buffet said it best: “to be fearful when others are greedy and to be greedy only when others are fearful.”

but for me on the contrary will settle for less knowing that exiting at the right time is not my expertise. Exiting at an all-time high is next to impossible.

Zoomic

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Many people tend to abuse this phrase "never settle for less..". Before you assure yourself that you won't be settling for less, do ensure you are putting that same effort that requires you aiming for higher returns. You don't do things wrongly and still expect high returns, you will fail! As a trader:

If you do not make learning a habit, you are settling for less
If you keep repeating same mistake without any effort to change pattern, you are settling for less
If you do not make any effort at all for improvement, you are settling for less

When you convince yourself that you will make lots of money without working hard to earn it, you will fail because you are only being influenced by greed and not determination to succeed. Let's stop lying to ourselves and blame our failure on what's not even related. Work smart and you will see positive results. Remember positive results might not come immediately but it will definitely come.

rat03gopoh

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Quote from: OGsmall on January 29, 2024, 09:13:48 PM

don’t think because you are in your comfort zone makes you feel better

It doesn't matter if you stay in your comfort zone as long as you enjoy it. Personal satisfaction is the core goal, there is no competition to be the best.
Dissatisfaction is close to greed, it can lead you to destruction. Reaching the next level of wealth will come with greater challenges and risks that you may not be able to predict. Especially in trading, this is more about mental risk which is different for every leverage you use regardless of whether you use the same analysis method.

tbct_mt2

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Quote from: hugeblack on February 01, 2024, 06:01:45 AM

There is a certain level of desire for anything. Once you reach it, your desire for it will decrease. Money is something that everyone seeks to achieve. However, once you reach a certain stage of wealth, you will begin to search for something special of your own, for example a car with limited editions, a phone with a personal design, or a designer dress. Especially for you, or a rare piece like a painting. All of these are reasons to satisfy the desire to get something new and in exchange for it you may pay 10 times the money. Therefore, contentment is better, setting a certain level of profits according to the money in your hands, and striving to improve your financial situation year after year is better than searching for more money, and you deserve to get thousands of dollars per month.

You gave many good examples and from small desired things like phones, car, etc. I would like to give bigger examples. Some billionaires are very rich but they don't buy luxurious assets and just live their simple life. With them, simplicity is best and some people like Bill Gates even left his powerful position because it will help him enjoys his life with less pressure and stress from powerful position.

When you are poor, you want to be rich but when you are rich enough, you will find ways back to yourself. Look at your soul, with meditation, connect back to wild environment and assets mean nearly nothing important with you.

Kelward

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Quote from: OGsmall on January 29, 2024, 09:13:48 PM

As a bitcoin trader and holder one should never settle for less

In life I have watched many rich people who want to make more and more money why is this so??

I have noticed that the rich always want more for there him self even though he has more him still want more to himself, so I will advise us as a bitcoin holder or trader don’t think because you are in your comfort zone makes you feel better that a fat lie I have realized that Comfort zone only makes us feel weaker and lazier

Most rich trader today keep this phase “ The pursuit of excellent is the bests “ so as I young trader don’t always see yourself as someone who is weak and lazy always sand strong in getting what you want at a best level.

It's true that we should not settle for less in our quest to be making more profit in trading, and the way to move forward is to be more focused and experiment new methods in order to find the best ways for our trades to be more profitable. Because sticking to a trade parten that is not productive in terms of profitability is staying in the comfort zone, if something is not working out for you, then the best thing for you to do is change, be adventurous and try something new. We must also understand that what works for trader A, might not work for trader B, because we all have different degrees of risks tolerance and responds differently to emotions, that is why it's not too good to copy when it comes to trading.

Generally rich people tend to be more successful than average income earners because they can afford to lose money in the process of experimenting to arrive at perfect plans to become richer, while someone that is not rich might become poorer in the process of searching for the perfect plan to make more money. So in essence it takes money to make more money, however this should not discourage anybody that is not rich yet, they should not give up, because a journey of a thousand miles begins with a step.

hugeblack

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There is a certain level of desire for anything. Once you reach it, your desire for it will decrease. Money is something that everyone seeks to achieve. However, once you reach a certain stage of wealth, you will begin to search for something special of your own, for example a car with limited editions, a phone with a personal design, or a designer dress. Especially for you, or a rare piece like a painting. All of these are reasons to satisfy the desire to get something new and in exchange for it you may pay 10 times the money. Therefore, contentment is better, setting a certain level of profits according to the money in your hands, and striving to improve your financial situation year after year is better than searching for more money, and you deserve to get thousands of dollars per month.

RockBell

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Quote from: God bless u on January 30, 2024, 12:18:55 AM

In fact, everyone wants to earn money, not only the rich are earning money, but they have more opportunities to earn money than the poor who do not have money to invest. So they don't have anything to invest, so they stay at their same place, they can't move forward, while what the rich have is more money, they invest what they have somewhere, then someone any money that he has starts getting ego, while the poor person stands in his place and earns money with what he has. If opportunities are not available, then he cannot move from that place because he has nothing to invest .

No body makes more money than the rich because they are ready to take what ever risk that it comes with. And why they will have more opportunities than poor people is because they will always have money to invest any time any moment. But the poor will have to look for money to invest. So that is different between the poor and the rich. And in time of physiological thinking the rich is also better. Because they always have the mentality of adding up to what they have got. And even when they buy rich people can also hold better because they also have money to solve there problems. And the poor is always full of one challenge or the other.

Ben Barubal

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When we have an ambition in life, we will find a way to reach it, and it is not easy to do or reach the dream we want, especially as we know that money is involved to make these ambitions happen. Now, others see that trading can be an instrument for the ambitions they have in life.

It's just that we should also know what steps to take when we enter the world of crypto trading in this field of this business industry. As long as we always remember that we can make money, we can also not if the strategy we made is wrong.

cakravothy

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Additionally, some Rust factors feel underappreciated. Therefore, they work tirelessly to acquire more wealth. Indeed, what's good is after obtaining wealth, the money is used for investment. Thus, generating sustainable income and preserving wealth against inflationary erosion.

GreatArkansas

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Quote from: OGsmall on January 29, 2024, 09:13:48 PM

(....)
I have noticed that the rich always want more for there him self even though he has more him still want more to himself, so I will advise us as a bitcoin holder or trader don’t think because you are in your comfort zone makes you feel better that a fat lie I have realized that Comfort zone only makes us feel weaker and lazier

It is just simple. Because they know the struggle and hassle. Especially if you came from nothing and with all your hard work paid off after you strive.

In our current situation right now where you can earn money anywhere especially with only using your internet and connection, you can now trade but before that, you need to surpass a lot of bumpy roads.
Trading is tough and most successful traders have different stories of why they are on top now.

mirakal

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In life, never settle for less but always go for the best. Same also in trading, you don’t have to trade if you have less knowledge and skills gained because that will only reflect to your trading outcome. If you still pursue to trade, your success and profitability will less likely to occur but more of losing and committing mistakes. While if you trade with confidence since you have all the knowledge and experience what it takes to be a successful trader, then your trading profitability will gain higher probability. But I’m not saying that it’s wrong to commit mistakes and lose in trading, of course that’s also vital to build your skills and potentials to become a competitive and productive trader.

slaman29

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I wonder how people can say 'trader and holder' in the same line and think they're the same thing?

You're talking only about trading OP so make that clear. And I actually agree with you, don't be lazy and take things for granted. Most traders waste a lot of time looking at charts and reading analysis etc etc thinking that's a good use of time. Hence the amount of time people spend on influencers and signals all talking about the next big trade.

Studying skills to make yourself better in your career, taking care of health etc that's actually much harder to do. People go lazy route and look for quick riches in trading.

As a human, never settle for less. Don't waste years of your life chasing x100. Use your life to enrich yourself, DCA to take care of Bitcoin future.

Assface16678

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True! Being ambitious is not bad if it's done in a good way. Being ambitious will make a trader have the eagerness and urge to keep learning so that they will keep on improving in doing trade, because more developed trading means greater reward. But of course, being too ambitious will also be the cause of your downfall if you don't control it and affect other people. Remember, many rich people are too ambitious to the point that they will step on others' lives. For traders, if a trader becomes too ambitious and trades at the wrong time, he could face a loss of trade and lose money. So it's not bad to be ambitious; just know your limits.

Let's take, for example, those new traders. They are too ambitious to earn a lot quickly in trading, skipping the most important parts, which are learning and skill growth. That's why they are more likely to fail in trading.

God bless u

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In fact, everyone wants to earn money, not only the rich are earning money, but they have more opportunities to earn money than the poor who do not have money to invest. So they don't have anything to invest, so they stay at their same place, they can't move forward, while what the rich have is more money, they invest what they have somewhere, then someone any money that he has starts getting ego, while the poor person stands in his place and earns money with what he has. If opportunities are not available, then he cannot move from that place because he has nothing to invest .

OGsmall

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As a bitcoin trader and holder one should never settle for less

In life I have watched many rich people who want to make more and more money why is this so??

I have noticed that the rich always want more for there him self even though he has more him still want more to himself, so I will advise us as a bitcoin holder or trader don’t think because you are in your comfort zone makes you feel better that a fat lie I have realized that Comfort zone only makes us feel weaker and lazier

Most rich trader today keep this phase “ The pursuit of excellent is the bests “ so as I young trader don’t always see yourself as someone who is weak and lazy always sand strong in getting what you want at a best level.

Topic: As a trader never settle for less - page 3. (Read 546 times)