Topic: Don't be too desperate to make earning (Read 1434 times)
I Think trading isn’t for kids.Trading or investing is risky it’s not an easy. When you start from or holding then you need to patience and experience. Experience trader can be earned from trading easily. Don't be desparete to make investing be Smart and keep patience.
Crypto market is really good for making money actually you must be cool minded. If you become disturb and become in shoot to make money then it will become so hard for you to get cash. As you all know the real thing that every good thing occur with calmness. You have to wait and after sometimes you will get benefit. You can achieve your aim by tolerance.
Cool minded is something that you cant really able to achieve or attained when you dont have experience on this market.Desperation would come after if you dont have that good control on oneself towards emotion and have no good grasp on your goal.
When you do step your foot into this market then you should really be aware on what are the things or risk you could possibly
face on and not just going simple and tending not to be serious on dealing of with things.
Crypto market is really good for making money actually you must be cool minded. If you become disturb and become in shoot to make money then it will become so hard for you to get cash. As you all know the real thing that every good thing occur with calmness. You have to wait and after sometimes you will get benefit. You can achieve your aim by tolerance.
That’s why I always keep suggesting one important point in every money making discussion and which states that you should have multiple income sources and non ending economic growth. I mean this way one can really help self growth in terms of wealth and healthy life.
In the OP case as we speak about trading, well that’s just one income source which is inclusive of high risk too. You can’t rely on trading alone if you can’t beat the system. Sure there are peeps who make their living solely on the market itself however not everyone is that much blessed so it’s better to brace oneself with multiple incomes sources and keep one of them steady and long term.
In the OP case as we speak about trading, well that’s just one income source which is inclusive of high risk too. You can’t rely on trading alone if you can’t beat the system. Sure there are peeps who make their living solely on the market itself however not everyone is that much blessed so it’s better to brace oneself with multiple incomes sources and keep one of them steady and long term.
This is the reason why many people loss in crypto, because being desperate is something like uncontrollable when is comes to earnings or making money. That is why they decide base on their emotions not on their learnings and end up to lossing asset, so I suggest to control emotions specially in crypto for your own good.
The most common cases of despair is when trading is done, trading tends to make the person despair when the movements do not occur at the expected time, and when the movement takes a long time, it is not possible for many to hold on, because honestly Some prefer to sell rather than wait and take profit, then at the same time they come and realize that if they had waited the relevant time they would have won. That is for me the main case of despair that occurs.
decisions and don't long for making profits on fast pace.
Try to be sustainable first or able to make profits despite of losses which means that you could really sustain.Try to increase your position
until you are comfortable with.
Also you should be mindful on how much capital you could only put or to risk on.
This is the reason why many people loss in crypto, because being desperate is something like uncontrollable when is comes to earnings or making money. That is why they decide base on their emotions not on their learnings and end up to lossing asset, so I suggest to control emotions specially in crypto for your own good.
The most common cases of despair is when trading is done, trading tends to make the person despair when the movements do not occur at the expected time, and when the movement takes a long time, it is not possible for many to hold on, because honestly Some prefer to sell rather than wait and take profit, then at the same time they come and realize that if they had waited the relevant time they would have won. That is for me the main case of despair that occurs.
If you are thinking that you will become a wealthier person in few days then you are wrong. Each and every successful achievement needs time and concentration. If you are rushes to get profit in one day then it is your fault and you are choosing the way of failure to yourself. You should keep calm and wait for the best time of selling and buying of coin. It will be very crucial for your success.
Well I don't think that being greed and hasty is connect or corelates to something, it's up to the investor how he/she defines it because I think greedy isn't so messed up than we used to think, it's doing appropriate things without getting hasty to your goals. And even if we like or not, being greedy already runs in our DNA since the time of Adam and Eve. Being hasty on your plans gets you really messed up in the future instead.I still believe that timing is everything, no matter what the issues are, deviate only from your plans if you're already seeing a deadend rather than lose it.
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Trading cryptocurrency aren't for kid's , it's for people with matured mind. Going into cryptocurrency trading , one have to build up is mindset to be patient to trade for a long time. One of the problem that affects traders during trading is that they think so fast to make profits . Trading cryptocurrency for a very short time always is not the best as a trader . Successful traders I have come across go into longtime investment , trading is not just acquiring cryptocurrency but trading comes from the mindset. If the mind is not on positive direction it can result to bad outcomes. And at this point now that the cryptocurrency price is low it's best time to go into longtime trading that will yield good profits in time to come.
So, do not be too hasty to make profits , short time trading don't pay much
Sorry but I did like to tell you not to mistake trading for investing, trading and investing are to two different ways one can make money in crypto or any other like it.So, do not be too hasty to make profits , short time trading don't pay much
Day trading involves constant buying and selling of assets while investing means buying and holding for a future profit.
What you clearly talked about is investment and not trading, a good investor know that he or she has to buy and hold for long to make good money as long as the capital is invested in a good coin/project.
A trader is one who is taking advantage of the volatility in the market to make profit for him or her self on seconds, minutes or hourly based, investing and trading are to different professions.
In general, this should be treated more calmly. The more experiences you have, the more likely you are to get a negative work result.
This is the reason why many people loss in crypto, because being desperate is something like uncontrollable when is comes to earnings or making money. That is why they decide base on their emotions not on their learnings and end up to lossing asset, so I suggest to control emotions specially in crypto for your own good.
when it comes to money anyone is desperate because they are losing all the time or not earning or simply earning little, so it is normal to be desperate, what one needs to do is to be able to keep calm a little every time who make a profit, exit the market and relax to avoid stress. trading is very tiring, very exhausting that's why people prefer to do Hodl which is less tiring, but doing Hodl can leave a person in a bad situation when they have a 90% loss and the currency takes years to recover
A month would really be enough on taking a good grasp on everything because this isnt how the market works and it would really take up years of experience when it comes to familiarization and able to be efficient and good on handling out the market. Dont be on a rush on learning everything in a short span of time because you will surely
be missing up lots of information and things because you do make yourself in a hurry which is really a very wrong move to have.
Take it slow and surely and make profits do comes next.
When we focus too much on winning , winning didn't come at all. We need to allow ourselves to lose sometimes and just bounce back once the market recovers. It is also idea to have set the goal between the day on how much only to spend and focus more on styfmdying what coin we are investing with. We must aim high but consider the situation if the market is just from decline or if there are news that affects the market.. be missing up lots of information and things because you do make yourself in a hurry which is really a very wrong move to have.
Take it slow and surely and make profits do comes next.
Indeed, in a trade, you can not earn anything for a whole month due to the fact that a couple of deals went into plus and the third deal ate up all the profit. You really need to be patient in our craft in order to start making money, many immediately after losing trades leave the crypt without starting to trade and make money because of their character or upset feelings ...
A month would really be enough on taking a good grasp on everything because this isnt how the market works and it would really take up years of experience when it comes to familiarization and able to be efficient and good on handling out the market. Dont be on a rush on learning everything in a short span of time because you will surelybe missing up lots of information and things because you do make yourself in a hurry which is really a very wrong move to have.
Take it slow and surely and make profits do comes next.
Indeed, in a trade, you can not earn anything for a whole month due to the fact that a couple of deals went into plus and the third deal ate up all the profit. You really need to be patient in our craft in order to start making money, many immediately after losing trades leave the crypt without starting to trade and make money because of their character or upset feelings ...
Patience is a virtue that everyone should have. You cannot make money if you are too desperate to make it. You need to have a plan, and you need to execute that plan. Just because you bought a cryptocurrency does not mean that you are going to make money. You need to be prepared to hold it for a long time if necessary.
I agree, the crypto market is very volatile and can be risky if you are not mentally prepared for it. In crypto, or any financial market, you should take risks with proper analysis. Always start slow. Trading and even holding for a long time can be exhausting. We should invest only if we can afford to lose because there is no guarantee of returns.
Not only mentally prepared but also emotionally prepared because these two things would always be tied up when you are dealing on a market something like this and you would definitely able to realize that based up on your own experience. Dont rush up on any decisions you would make because this isnt a race but rather a marathon which the winner would really be the ones who do able to sustain for long term and not just really having some
mindset that whatever comes first would be the winner.
So one thing about trading is never putting all your resources in it,invest the one you know you can afford to loose without it affecting you emotionally.
I agree, the crypto market is very volatile and can be risky if you are not mentally prepared for it. In crypto, or any financial market, you should take risks with proper analysis. Always start slow. Trading and even holding for a long time can be exhausting. We should invest only if we can afford to lose because there is no guarantee of returns.
Not only mentally prepared but also emotionally prepared because these two things would always be tied up when you are dealing on a market something like this and you would definitely able to realize that based up on your own experience. Dont rush up on any decisions you would make because this isnt a race but rather a marathon which the winner would really be the ones who do able to sustain for long term and not just really having some
mindset that whatever comes first would be the winner.
I agree, the crypto market is very volatile and can be risky if you are not mentally prepared for it. In crypto, or any financial market, you should take risks with proper analysis. Always start slow. Trading and even holding for a long time can be exhausting. We should invest only if we can afford to lose because there is no guarantee of returns.
When you do make yourself desperate or in a rush on making profits then this is where you would really be making decisions which would be wrong.
Indeed. Desperation can lead to committing wrong decision. Thats why its important to have plan to follow so that you're not in hurry to make money and willing to wait according to what's in your plan. Its understandable that we want to earn as soon as possible but there's a right timing for it thus we need to be more patient.Let experience and those mistakes tell you on what you should gonna do in next time because losing is inevitable.
Yes experience is a good teacher to improve our knowledge and strategy the next time we trade. Its a lesson to not repeat the same mistakes again. Buying cryptocurrency in this bullmarket and holding it for long time is not wise.
I agree with you. Ideally, buying crypto coins in the bullish season is only for the short term. When the coins reached their ATHs, we must sell them to take profits. Holding them for a long time is a bad idea because their prices will drop much in the upcoming bearish season. Because we are almost in December, we should plan to sell our coins gradually. We must regret it if we don't sell them during the bullish season.at the time of correction I think it's a good time to buy some potential coins,
Besides that, following market developments is also important
When you do make yourself desperate or in a rush on making profits then this is where you would really be making decisions which would be wrong.
Let experience and those mistakes tell you on what you should gonna do in next time because losing is inevitable.
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