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Topic: As a trader never settle for less (Read 565 times)

sr. member
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February 07, 2024, 04:37:40 PM
#59
Making more money is the thinking and feeling of every person in the crypto world, whether as a trader or as a Hodler. The process by which this is achievable is being optimistic to your goals and always looking for possible solutions to make you better in that path to achieve what you want. Also, in this case, the more money you’re willing to risk into an investment, the higher your possible returns when it goes in your favour and that is why rich traders tends to become more richer daily and the low class or poor people get poorer because of their unwillingness to take risk due to their lack of funds or trust in the process of what they wish to risk for. Analysis of the market is one step and taking that bold risk to trade big is another step of becoming a profitable trader.
hero member
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February 07, 2024, 04:00:14 PM
#58
Most rich traders today keep this phase “ The pursuit of excellence is the best “So as I young trader don’t always see yourself as someone weak and lazy always stay strong in getting what you want at the best level.

What traders need is for them to understand their respective positions and conditions. Sometimes, a word of motivation for a rich trader is not quite suitable for beginners with limited capital. Rich people have money and are usually high-risk takers, therefore usually they will try optimally to achieve their business targets, to optimize all existing opportunities to get big profits. And they have the capital and money to support trading activities, with several tools and assistance.

But it will definitely be different from our condition or that of some beginners. Where sometimes we only have very limited capital and also conditions that don't allow us to just be brave and not afraid. What we need is to be truly prepared before jumping into trading. We must be truly prepared with our skills in trading, including insight and knowledge, how to analyze certain markets and coins, how to manage money so that it remains in a healthy financial realm, and be able to manage our emotions so that they remain under control and do not panic in all conditions. Markets whose exact conditions will change.
hero member
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February 07, 2024, 05:15:55 AM
#57
I think we should first know the difference between trading and investment, if an investor is so determined not to settle for less, it could be better as the risk is lesser than that of trading. But for traders, if they are pushing themselves too much, it could be an issue. This is often caused by greed and overconfidence in some cases but traders will think that they are in the right state of mind but they might not be. This is unless they had the plan from the beginning, of which their trading system must be adequate to back the goal up before they can achieve that.

I love money too, and I believe everyone loves it, but being patient in making it when it comes to trading is the best I know. We might set a target of the money we want, but in trading, that target must not be speedily achieved, this will only cause the trader to rush and the result can never be nice since a lot of mistakes would be made in that process. If a good target is set, the trader should give it time to actualize it and this time will still depend on the experience of the trader and the amount of the capital at his disposal.

With this, the target would be made, only that it could cause delay in achieving it instead of being aggressive to achieving it which could cause unplanned losses.
full member
Activity: 462
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February 07, 2024, 04:31:15 AM
#56
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.
The financial strength is usually the advantage the rich always have when it comes to them investing on any form of investment because basically your ROI has a great dependency on your capital as you can't be having same ROI with someone who has a greater capital invested especially when such ROI are based on percentage. Having enough to invest and some more to keep for your upkeep is a psychological boost because you aren't dependent on the investment for survival but the poor sometimes don't have that much and that's why they are not on the same psychological level as the rich because at that point the rich isn't concerned so much with upkeep but acquiring more meanwhile the poor wants to make sure they are okay before investing.

The poor may be willing to risk as much as possible because some poor people have a good risking mindset but they are challenged with limited resources same applies to their problems, you cannot blame the poor for having problems around them, it's just because the available resources to take care of the problems are limited and that's why it looks like they are always in a mess.
hero member
Activity: 2884
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February 06, 2024, 05:28:12 PM
#55
The very main reason why one decides to learn trading and developed as a potential trader is to gain profitable income. Now, if he’s a really good one, he will make massive profits everytime he decides to trade but if he’s still learning the process, expect that he’ll lose more than gain some profits. But we all know that traders will always have an option to improve their performance and make the most of it. It’s only a matter of time and perseverance.  Traders should always trade for the best outcome, and not just settle for any less but as much as possible, be the best trader you can be and make substantial profits.
A person that is not trying to obtain the best possible outcome with every single trade that they make does not have the qualifications to be a trader, as that is probably one of the main characteristics that every single trader must have, however it is not enough to have that drive when making a trade, this should also be reflected in every single other trading aspect, so traders should strive to always improve their strategy, money management skills and even the control they have over their emotions.
legendary
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February 06, 2024, 04:59:42 PM
#54
Definitely not. Traders regardless of its status, will always want the best and reasonable trading results, because that’s certainly his goal to maximize his profits. So never trade just to prove to others that you’re good and capable about trading, but always be the most reliable and successful trader you can be.

However, there are really times in a life of a trader wherein you will get upset because of some inevitable losses but that’s part of trading, and it will certainly happen no matter how good or expert you are in trading. But never get easily discouraged and decides to quit, but always be the best version of a trader you can be, that way you can  always make you trading career successful and profitable in time.
hero member
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February 06, 2024, 04:58:32 PM
#53
The very main reason why one decides to learn trading and developed as a potential trader is to gain profitable income. Now, if he’s a really good one, he will make massive profits everytime he decides to trade but if he’s still learning the process, expect that he’ll lose more than gain some profits. But we all know that traders will always have an option to improve their performance and make the most of it. It’s only a matter of time and perseverance.  Traders should always trade for the best outcome, and not just settle for any less but as much as possible, be the best trader you can be and make substantial profits.
hero member
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February 06, 2024, 04:32:45 PM
#52
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 .

You won't get the opportunity if you can not see it. Rich people become more rich because they see the opportunity and use it to make money. If you take away all the wealth of a successful businessman and leave him as he is an average man he will still be rich if he gets some time in his life. Rich people have different mindsets and point of view about their surroundings. When some people are doing something for fun business-minded people do that same fun by at the same time they will figure out a way to make money from it.
Well, average people can do the same as well but it takes a longer time, unlike rich people because of financial support. Rich people become richer because they already have enough money to start a business or money-earning opportunities that other people don't have. But this is not the case, what we just need to do is continue pursuing our goal, aiming high, and keep motivated. If other people can make it, it is not impossible to do it as well, maybe it varies on time but the opportunities are just the same. Only we need to keep pushing and moving towards our plan.
full member
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February 06, 2024, 01:47:16 PM
#51
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 .

You won't get the opportunity if you can not see it. Rich people become more rich because they see the opportunity and use it to make money. If you take away all the wealth of a successful businessman and leave him as he is an average man he will still be rich if he gets some time in his life. Rich people have different mindsets and point of view about their surroundings. When some people are doing something for fun business-minded people do that same fun by at the same time they will figure out a way to make money from it.
legendary
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February 06, 2024, 01:18:07 PM
#50

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.

When as much as I so much align with your gospel of continuous striving, there is a limit to which one can strive and immediately such a limit is exceeded it will be disastrous. And also anyone that is striving and pushing more should already have equipped themselves in order to withstand the pressure that accompanies the stage they want to find themselves. Relating this to traders; if what the trader knows is only the basics (trading from spot). But due to the fact that the trader doesn't want to settle for less, he begins to trade with X10 leverage when he doesn't know much or begin to trade futures, this will only lead to worse and better.

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.
Luxurious people are ready to take more risks for a comfortable life. This is a true statement. When you don't push yourself beyond your limit, you might not see the need to earn more. Maybe I will have to try a luxurious life if I can increase my financial strength.
legendary
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February 06, 2024, 10:34:40 AM
#49
As a bitcoin  trader and holder one should never settle for less
Well, "never settle for less" if you know how to get more. Unfortunately, the principle of getting more isn't open to everyone. If it were possible to get what one desires every time, no one would be settling for less.

Quote
In life I have watched many rich people who want to make more and more money why is this so??
That's the nature of man. He's insatiable. Basic economics tells us that. Man is built in a way that makes him keep exploring and in constant pursuit of acquisition. Man never takes a rest in the true sense of it until his demise. The "Rest In Peace" we see on obituaries amplifiers that. Man never rests.
member
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February 06, 2024, 07:59:37 AM
#48
What you should know is human being are insatiable and they always want to be accumulating more money as possible as they could coupled with how the economy is moving, you would see someone who has some specific amount of money and after some years that money won't worth any tangible thing. People always increased their finance on a regular basis because they won't want to remain poor because when money is not planted properly after some times such person might remain poor so they always keeps working and creating new opportunity to keep their account afloat and sizeable.
Every human being will certainly never feel enough with what they have and will always be lacking by trying to collect as much money as possible to collect, even though they know that they have collected a lot and one day the money they collect will no longer be priceless. No one really wants themselves to be poor and not have anything, of course they want to have a lot of wealth and are willing to do any work to be able to get income that they will save so they can invest or trade to make the money they have more and continue to grow.
hero member
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February 06, 2024, 07:29:17 AM
#47
What you should know is human being are insatiable and they always want to be accumulating more money as possible as they could coupled with how the economy is moving, you would see someone who has some specific amount of money and after some years that money won't worth any tangible thing. People always increased their finance on a regular basis because they won't want to remain poor because when money is not planted properly after some times such person might remain poor so they always keeps working and creating new opportunity to keep their account afloat and sizeable.
legendary
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February 05, 2024, 08:19:04 PM
#46
In life I have watched many rich people who want to make more and more money why is this so??
~
It's because there's this thing called "contentment" where people aren't contented with what they have currently thus, they want to have more. This isn't only applicable in money, but in real life as well. On the other hand, having that kind of mindset is helpful for them in different ways as well.

I mean they're rich people so I believe they know how to make more money using their own money. Why settle for less if you believe that you can do more right? Rich people are becoming richer because they know what they can do to grow their money. I said that they aren't contented, but I also believe that they have this thing called "confidence". Confidence that they can make more money. They're confident that they can get more money.

Settling for less means not maximizing the opportunities in front of you. Settling for less means you aren't growing. Whether you're a trader or a holder, you should not settle for less if you believe that you can make more money. Well, at least balance it and learn to say "stop" when needed. Smiley
legendary
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February 05, 2024, 05:36:36 PM
#45
-snip-
Part of human instinct and something that do talks about being typical approach on the way we do live on. Of course we do really try out best to find those methods and ways to earn income or money.

We do see that trading could really give out that kind of opportunity on which it would really be just that right or simple that you would really be considering it to be a method
on sustain yourself once you do have a good grasps into it. When you do trade then you would be aiming for getting higher profits but of course it does sounds easy or simply but
its not something that you could really be able to do that easily which you would really be needing to work hard for it before you would be able to obtain such condition.

We would be doing our very best to achieve those goals but of course you should not make yourself that too hasty on achieving because
it would really be creating that such desperation.
Rich people get richer - that's a reality, but it's not always true. Without good financial management, even rich people can fall into poverty.

Rich people usually have the same circles as their economic status which can help them maintain their wealth in the long term. Passive income, networking and partnerships are some of the many things they strive for - but of course the highlight of it all is that they are very wise in creating more sources of income.

Traders can indeed be successful and can become more successful over time - but trading is not a guarantee that you will get the same results forever because the risk of loss is also lurking around you. No one can maintain consistent profits - but if you really want to maintain wealth, then have more sources of income instead of just focusing on trading and investing.
sr. member
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February 05, 2024, 04:57:29 PM
#44
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 .
op We all chase money more or less. To live well in our life we have to earn money so everyone tries their best to earn money through business or any employment. It doesn't matter whether it's rich or poor, those who are rich may not have to struggle as much to do business as a person from a poor family has to do business. Because when we start a business from a poor family, we must raise capital every step of the way. We have to take a lot of thought so that our business does not go bad because of our wrong decision. And poor people who lose money once through business do not have capital to invest a second time. Therefore, they cannot be so successful in business. Two of them may be those who work hard for each business and carry the business forward patiently. Constantly running after the money of all the people of the world.
Part of human instinct and something that do talks about being typical approach on the way we do live on. Of course we do really try out best to find those methods and ways to earn income or money.

We do see that trading could really give out that kind of opportunity on which it would really be just that right or simple that you would really be considering it to be a method
on sustain yourself once you do have a good grasps into it. When you do trade then you would be aiming for getting higher profits but of course it does sounds easy or simply but
its not something that you could really be able to do that easily which you would really be needing to work hard for it before you would be able to obtain such condition.

We would be doing our very best to achieve those goals but of course you should not make yourself that too hasty on achieving because
it would really be creating that such desperation.
sr. member
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February 05, 2024, 04:31:18 PM
#43

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.

Perhaps, you will never succeed if you are weak. Rich or poor, A trader must not carry fear inside but should be a risk-taker. As we want to reach our goal, then we also have to show that we are capable and strong enough to get it --that is supposed to be the mindset of a beginner. Yeah, always on pursuit of excellence and it is not impossible if we work hard, stay motivated, and of course, go straight to our goal.

This is not just for rich people but for everyone. If we have a positive mindset, achieving our target is not impossible so, we have to neglect the negative side and remain focused on our purpose.
hero member
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February 05, 2024, 12:18:05 PM
#42
   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.
Depends on what it is. There are some who are only easy to get while the others are hard. There are also some who doesn't need a money in order to be achieved but just pure effort and skill. For those who want to get rich, they can see trading as one of the ways to make their dreams came true. This is an example of hard ambition and many people have failed to this but it does not mean that others will now be scared of it and not try it anymore. They still can, because each people has a different capacity and luck. So, who knows right?

As long as we always remember that we can make money, we can also not if the strategy we made is wrong.
Or we should say that if there is a stake amount involved, there is also a risk. It's okay to not make a profit sometimes but as long as we are not losing, or we are only breakeven. Although losing is not also bad sometimes. It's only normal and might teach us some lesson.
full member
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February 04, 2024, 03:03:36 AM
#41
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 .
op We all chase money more or less. To live well in our life we have to earn money so everyone tries their best to earn money through business or any employment. It doesn't matter whether it's rich or poor, those who are rich may not have to struggle as much to do business as a person from a poor family has to do business. Because when we start a business from a poor family, we must raise capital every step of the way. We have to take a lot of thought so that our business does not go bad because of our wrong decision. And poor people who lose money once through business do not have capital to invest a second time. Therefore, they cannot be so successful in business. Two of them may be those who work hard for each business and carry the business forward patiently. Constantly running after the money of all the people of the world.
hero member
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February 03, 2024, 06:56:49 PM
#40
You have a very valid point but some people will also think that this should have something to do with being contended with what you have. Wealthy people are always looking on how to multiply their incomes and that has given them the ability to think outside of their box or comfort zone to see how this can be achieved, they don’t always settle for less but always for more. The poor man will be looking to find a means of contentment and the rich man will be looking for a means of multiplying their wealth. The both of them are right to me, but it is what you don’t have that you’ll keep asking for or working towards but once a target is reached, the human mind will strategize again and fight for the next target which will be the next goal you’ll want to achieve and it goes in that manner continuously.
hero member
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February 03, 2024, 05:48:37 PM
#39
If you want to be a better trader you need to acquire different knowledge, skills, and strategies with the market, and of course, those you've gained you can use in your journey in trading. As you can see rich people don't settle for less they keep improving their mindset they must be different from others who can't afford anything. The reason why most rich people have a great connection is because you can get a lot from them.
Holding and trading bitcoin is not only the way to earn there's a lot more with the innovation of crypto.
Trading outcome will always be better if you are a good trader as well. But I believe there’s still room for improvement no matter how good you are already. So improve your performance, and develop more of your skills and strategies, that will eventually make you not less but a very good and reputable trader.

Now in terms of trader’s money making, we always trade to maximize our income, but that could also mean losing our funds as well. But if we won’t resort being less of a trader, I believe one will reap what’s best and what he deserves as a trader.
legendary
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February 03, 2024, 05:10:52 PM
#38
As a bitcoin  trader and holder one should never settle for less
The saying that Never settle for less is common saying used often by people in reference to different situations, to traders and trading, it is a 80% true and an applicable statement. As a trader, you should never settle for a strategy that is less, not earning enough profits from trading with your many effort. It is your responsibility and duty to always try to improve on your strategy as a trader by devoting to learning and interaction with other traders. If you settle for the strategy that earns you less, you are the one limiting yourself from getting more. Do not settle for less, do not settle for the bare minimum.
hero member
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February 03, 2024, 04:55:17 PM
#37
Well, you don’t want to take the risk with trading if your only goal is to settle for less profits, of course if you have all the potentials to trade and is able to gain maximum profits, then make it happen. But always be ready to lose as well as trading no matter how good or veteran you are, there’s always a time of losing and seeing yourself tired and frustrating. However, make sure that when you trade, your gains and profits will outnumber your losses, otherwise your trading skills aren’t good enough.
legendary
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February 03, 2024, 04:37:14 PM
#36

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.

You're talking to trader and crypto holders, but I don't understand how your advise could apply to a holder actually. What a holder could do to be better as you say? You don't need skill to hold cryptos, so you can't improve them. If you are trying to suggest they should hold the longer they can, it has nothing to do with skills, or being better. And there is no guarantee for them to get richer by doing that. It's just asking them to be more patient in order to face an higher volatility.
sr. member
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February 03, 2024, 04:05:33 PM
#35

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


It's a fact traders would always aim for more profits after increasing their portfolio and asset, for instance a read stories of some forex traders who are funded by Prop firms after some profitable runs they gradually increase their funded account portfolio to aim for a higher profits, personally I started taking their footsteps though I started with a small funded account hopefully buy more higher amount of funded account as I progress in trading journey because my aim and ambition is to become a six figure funded account owner in the nearest future of course more profit for me if I successful achieve that aim of course I won't aim for less.
It can be very hard for us to control the kind of results we get in trading. That should not make us to think in a way that would not help us to become a better trader. There are trades that are only interested in making few profits and less the market. This is always better than making huge amount of profits at once and losing it back to the market the next day.
We need to understand what we want and how to get it. There are things that would help us to make consecutive profits from what we do.
sr. member
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February 03, 2024, 02:33:32 PM
#34
the greater your achievement, the greater your desire, I'm not saying that everyone is like this but generally it is like that, I used to think that having a private house was a very special thing for me, but after I had it I wanted to own a car too, man will never be satisfied with whatever their achievements are, I realized that following a lifestyle is not that important, buying luxury goods only makes us much worse, improving life is much more important, I regret why I had to buy a car and not invest it in bitcoin, I just realized now
hero member
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February 03, 2024, 10:45:17 AM
#33

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.

You wont really be able to reach the pinnacle of success if you wont really be working hard for it on which it would be normal for you to go out with your comfort zone. If you dont like on going out then stay with your comfort zone but dont expect that you would really be able to succeed or progress even more. This is why it would really be just that depending on a certain person whether they would really be going into that path
or would really be that simply loving on taking up some risks or doing something more even if it means that they would really be needing on risking something more. Yes, chances on losing is higher
but we know that you do need to take up risks to earn more.

If you dont have the plans on upgrading yourself then you could just sit down and just continue on what you are doing. You would really be coming into a point in life
that you would really be having those kind of regrets that you havent act or do something while its still early. It would really be just
that depending on a certain individual.
legendary
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February 03, 2024, 09:08:27 AM
#32
Those who can't settle for anything will end up with nothing in the end. Reaching a compromise is always a better decision imo. You know who didn't settle for less and end up with a bullet in his head? Jessie Livermore, the best trader of all times. He always said more more more and more... till he lost everything he got. From everything to nothing, he decided that he can't live like that and... Had he focused on protecting what he had instead of wanting more, maybe he would have lived a few decades more.

We all should learn to say "enough" because that's the best way to protect ourselves. Untamed greed is our enemy despite what the OP says...

hero member
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February 03, 2024, 09:00:46 AM
#31
Everyone, not just the rich, wants to earn more money because as you earn more money you become in a position to buy whatever you want as well as having a better standard of living. For this reason, many traders always strive to get more than the amount they earn and this actually causes many people to lose money in the financial markets. Of course, everyone's desire to earn more money isn't only because they want to have a better standard of living but also because they are jealous of other people and emulate them. A person always takes as an example those who are more successful and financially stronger than theirself and strives with great ambition to become richer than these people. For this reason, many traders cannot control their greed especially when trading in financial markets and are ambitious to earn more. This not only causes the person to make more mistakes but also triggers him/her to dislike the earnings he/she has earned due to greed.

For example, if a trader earns money to buy a Citroen, he/she may aim to increase this money and buy a Ferrari depending on his/her greed because there may be someone around him/her who drives a Ferrari and has a better financial situation than him/her. In this case, greed and jealousy come into play in order to have something better with the earnings and this causes the person to make more mistakes.
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February 03, 2024, 06:22:01 AM
#30
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.
I mean Elon Musk himself lives in a tiny house, and doesn't really spend his money. Not that he doesn't want more money, but he just wants to point out that he doesn't want money for his own luxury life style or something like that. Don't get me wrong, he still sends his kids to best schools and pays a lot of alimony for his kids and ex wives and all that, but he doesn't live the life he could live, that's the point. He could live on some super mansion that is unheard of, like bigger than some towns, he is capable of affording to get something like that built, and he is capable of doing that in the middle of Los angels as well, he is THAT rich, he doesn't.

This doesn't make him a better human, or a good person, I just wanted to point out, some rich people want to be richer and richer, that is their point, not to be rich so they can spend it.
sr. member
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February 02, 2024, 01:38:15 AM
#29

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


It's a fact traders would always aim for more profits after increasing their portfolio and asset, for instance a read stories of some forex traders who are funded by Prop firms after some profitable runs they gradually increase their funded account portfolio to aim for a higher profits, personally I started taking their footsteps though I started with a small funded account hopefully buy more higher amount of funded account as I progress in trading journey because my aim and ambition is to become a six figure funded account owner in the nearest future of course more profit for me if I successful achieve that aim of course I won't aim for less.
legendary
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February 01, 2024, 06:55:08 PM
#28
If you want to be a better trader you need to acquire different knowledge, skills, and strategies with the market, and of course, those you've gained you can use in your journey in trading. As you can see rich people don't settle for less they keep improving their mindset they must be different from others who can't afford anything. The reason why most rich people have a great connection is because you can get a lot from them.
Holding and trading bitcoin is not only the way to earn there's a lot more with the innovation of crypto.
hero member
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February 01, 2024, 06:40:10 PM
#27

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

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.

You're correct but sometimes you have to settle for less, not everytime that you open a trade and it'll go as you have planned. If your trade isn't going in the positive direction, you can close you trade and analyze the market again before entering another trade. You don't have to believe that all your trades will go as you expected and this is why we don't always have positive trades as traders. As you're trading you have to be monitoring the market so you don't find yourself in big losses.

If you're holding Bitcoin, you shouldn't settle for less and sell under pressure but you should continue holding and you'll sell in profits but if you're trading and it isn't bitcoin that you're trading, you shouldn't think that you can hold that altcoins and get into profits in the future. Don't marry your bag, don't get emotional attached to your investments. You're a trader only trading to make profits so that should be the goal.
legendary
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February 01, 2024, 06:22:27 PM
#26
Never settle for less but only if you know there are no risks involved with what you are doing. When you have investments in Bitcoin or cryptocurrencies in general, you should know when is the best time for you to take profit and exit the market and wait for the next opportunity because sometimes, not settling for less in the cryptocurrency market can cost you the profit that you can earn at that exact moment.
This is usually difficult to do, getting in and out at the right time.
Enter at a fairly low price and exit at a high price, but exit at a high price sometimes cannot be determined because there will be greed that arises and continues to say it is still lacking with the profits that have been obtained, even though the take profit strategy has been determined from the beginning but not followed

Remember one thing, your destiny and luck aren't matched with someone else's, so you shouldn't follow what others are doing and expect the same to happen with you, always do what you think is right based on your knowledge and understanding instead of walking on the footsteps of others.
Not following completely what others do, but seeing how other people's strategies apply, can also be a good example.
It will be a warning when others make mistakes.

Look, observe and modify, it will be better than just following completely what others are doing.
We must be smarter in managing things so that they provide benefits for ourselves.
sr. member
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February 01, 2024, 05:13:50 PM
#25
There is not a single human who don't want to make more money, it is not in the case of poor or wealthy but all classes of people are in mood to have more money because no human is happy with his actual state. Poor will want to occupy the position of wealthy people and wealthy people are in struggle to settle them even more but eventually everything ends whether it's money or power.

Wealthy people can use the power of their money in order to multiply their wealthy whereas poor people will have little amount so they will always be in fear of losing it if they invest it. Investment is not a bad idea and it should be done but people should accept their occupied position as more greed can be bad for them sometimes and after getting huge sum they will miss their old days in which money was less but satisfaction was more.
Everyone certainly wants the life they live to be better than their previous life and it is impossible if people want their life to be ordinary, of course they will try to be better than before and only people who can do it right can achieve what they do. what they want, because if you just do normal things and don't try as hard as possible, of course the results you will get will be normal, so it's important that in trying we have to do our best to achieve good results too.

The rich can easily multiply the wealth they have and they will trade and invest with the capital they have to increase the wealth they already have, while the poor will find it very difficult to try to invest or trade because of the money they have. they only have enough for the needs they need and if they want to do this of course they have to be able to save first so that what they want can be achieved.
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February 01, 2024, 04:59:17 PM
#24

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.

Sucess would really deter on how well you do make out yourself on making those good choices and decisions in life. No one would be able to commit out such condition without doing hard work and perseverance.

When you are really that aiming for success then you should really be that trying out your best on having those positive outcomes and lessening out the risks on dealing with the market.
As a trader then you should really be that versatile and really that wise on making decisions because this is where it would really be that basing up on those outcomes basing up on what you do.
As a trader then it would really be just that right that you would be needing to be adaptive because market condition is really that totally random and
totally unpredictable.

There's no way that we could be able to tell on where prices would be going. If you dont find yourself that comfortable with this volatile and unpredictable market
then this isnt for you.
hero member
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February 01, 2024, 04:56:02 PM
#23
I always think everyone aims to see more development and progress when it comes to money and finances, most especially for the poor individuals who have not experienced being rich and live comfortably in life. If we see people who are weak and lazy, it’s how they build their mindset and perspective in life. But if you are good and highly motivated, you will always long for what’s best for you and won’t never settle in less.

While trading can be hard at first, but you can always learn from it and benefit from it. And it’s not that you will only learn how to trade and minimize your losses, but on how to maximize gains and make your trading career soaring high.
sr. member
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February 01, 2024, 02:18:08 PM
#22
There is not a single human who don't want to make more money, it is not in the case of poor or wealthy but all classes of people are in mood to have more money because no human is happy with his actual state. Poor will want to occupy the position of wealthy people and wealthy people are in struggle to settle them even more but eventually everything ends whether it's money or power.

Wealthy people can use the power of their money in order to multiply their wealthy whereas poor people will have little amount so they will always be in fear of losing it if they invest it. Investment is not a bad idea and it should be done but people should accept their occupied position as more greed can be bad for them sometimes and after getting huge sum they will miss their old days in which money was less but satisfaction was more.
sr. member
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February 01, 2024, 01:35:03 PM
#21

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 an unfair comparison and that shows why you need experience to understand this better.

As a trader you need to know what you want, the goal can be bigger or smaller but you need to know what you want to achieve when you are starting, just aiming to be successful is wild shot and expect it to be a bull's eye.

Rich traders make money in other ways too because they know trading is highly risky and the profits are uncertain so having trading as your job can put you under tremendous pressure and there is high chance that you can fail.
hero member
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February 01, 2024, 01:14:04 PM
#20
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.
Never settle for less but only if you know there are no risks involved with what you are doing. When you have investments in Bitcoin or cryptocurrencies in general, you should know when is the best time for you to take profit and exit the market and wait for the next opportunity because sometimes, not settling for less in the cryptocurrency market can cost you the profit that you can earn at that exact moment.

Remember one thing, your destiny and luck aren't matched with someone else's, so you shouldn't follow what others are doing and expect the same to happen with you, always do what you think is right based on your knowledge and understanding instead of walking on the footsteps of others.
sr. member
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February 01, 2024, 12:51:35 PM
#19
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.
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February 01, 2024, 12:41:01 PM
#18
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.

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.
sr. member
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February 01, 2024, 12:24:14 PM
#17
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.
legendary
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February 01, 2024, 11:17:10 AM
#16
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.
hero member
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February 01, 2024, 10:26:17 AM
#15
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.
sr. member
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February 01, 2024, 10:24:52 AM
#14
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.
hero member
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February 01, 2024, 10:07:01 AM
#13
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.
hero member
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February 01, 2024, 08:34:25 AM
#12
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.
sr. member
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February 01, 2024, 06:08:53 AM
#11

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.
legendary
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February 01, 2024, 06:01:45 AM
#10
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.
sr. member
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February 01, 2024, 05:05:04 AM
#9
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.
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January 31, 2024, 10:41:55 PM
#8
   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.
hero member
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January 31, 2024, 10:14:37 PM
#7
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.
legendary
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January 31, 2024, 07:30:07 PM
#6
(....)
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.
legendary
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January 31, 2024, 06:59:36 PM
#5
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.
legendary
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January 30, 2024, 03:59:52 AM
#4
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.
full member
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January 30, 2024, 12:51:13 AM
#3
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.
full member
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January 30, 2024, 12:18:55 AM
#2
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 .
jr. member
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January 29, 2024, 09:13:48 PM
#1

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.
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