Don't be too desperate to make earning - page 3.

isaac_clarke22

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Quote from: harizen on September 30, 2021, 05:47:43 PM

~

This pretty much sums it.
It is just those people being subtle in their emotion, but their running thoughts spells their emotion. Having no emotion is purely BS for a human being. You cannot stop having emotion to everything regardless of what situation you are in.

Shasha80

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Quote from: DoublerHunter on October 02, 2021, 05:26:18 PM

Quote from: Shasha80 on October 01, 2021, 05:51:50 PM

Quote from: cheezcarls on September 29, 2021, 08:24:52 AM

~

We do trade crypto to make a profit, because trading can indeed be a source of income if done correctly. The problem is the wrong mindset,
make some people only focus on pursuing profit and want instant profit. So many people fail when trading crypto, it's because they make a lot of
wrong decisions. Crypto trading is a high-risk activity, so caution and patience are required when making decisions. Emotional control is very important
and influential when trading, people who can control their emotions well, then making a profit is only a matter of time.

^ Definitely right and they said if you are a high-risk taker, possible to have a high return but not all in trading there is a return, sometimes it will turn out losing their money because of having a desperate way of earning. There is no easy way in crypto trading, everything is difficult so, you need to have decent research first before joining. However, sometimes greed was always there, you should follow your plan in trading to avoid all of these. Be contented with what you have earned, if in your technical analysis it is time to cash out, go on just follow them.

Crypto trading is complicated, if someone says it's easy it's possible that the person is not experienced in the crypto world. To be able to make
a profit from crypto trading, the first thing we must have is knowledge about the crypto world. Lack of knowledge makes us not understand
how the crypto world works, and will eventually panic and make wrong decisions. The next thing we really have to have a planning, because
without planning the possibility of us losing is very large. And the last, as I said before, must control emotions, in order to avoid greed,
which makes us desperate to make earnings. If we have already made a profit, take profit immediately, if we delay it will only eliminate
the opportunity to make a profit.

blockman

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Quote from: Rockstarguy on September 29, 2021, 04:17:42 AM

I do not agree with you saying short term trading don't pay. Sometimes Short term trading pays, but I know there is always good profits in long-term training.
.

It does pay as always but it is not really for everyone. There are traders that have a short term target and that's where they earn so it's not just sometimes for them but most of the time they earn on it. The thing about short term trading is that you have to bear with a larger risk than the usual way of holding. You also need to be active with all of your trades or investments in the short term because that's your plan and still you can make money from it.

DoublerHunter

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Quote from: Shasha80 on October 01, 2021, 05:51:50 PM

Quote from: cheezcarls on September 29, 2021, 08:24:52 AM

Most of the newbies and beginners out there are having the “quick profit” mindset and mentality in terms of cryptocurrency trading. Of course, we all know we badly need to have profits as soon as possible, but this is not how crypto works. As it is an unpredictable field or industry, you may not know when it will go up or down in value.

Yes it will take time for you to earn (unless you are lucky if that specific coin or token suddenly made a huge jump or so for taking profit as soon as possible).

We do trade crypto to make a profit, because trading can indeed be a source of income if done correctly. The problem is the wrong mindset,
make some people only focus on pursuing profit and want instant profit. So many people fail when trading crypto, it's because they make a lot of
wrong decisions. Crypto trading is a high-risk activity, so caution and patience are required when making decisions. Emotional control is very important
and influential when trading, people who can control their emotions well, then making a profit is only a matter of time.

^ Definitely right and they said if you are a high-risk taker, possible to have a high return but not all in trading there is a return, sometimes it will turn out losing their money because of having a desperate way of earning. There is no easy way in crypto trading, everything is difficult so, you need to have decent research first before joining. However, sometimes greed was always there, you should follow your plan in trading to avoid all of these. Be contented with what you have earned, if in your technical analysis it is time to cash out, go on just follow them.

rahmatullah9305

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I can't say that this trade is not for children, but it is for people who have consistently learned and trained themselves to have skills in trading. Meaning, if kids of that age can use Crypto and have expertise in trading, for me it's fine. As you said, the most important thing is patience and don't rush into trading.

Shasha80

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Quote from: cheezcarls on September 29, 2021, 08:24:52 AM

Most of the newbies and beginners out there are having the “quick profit” mindset and mentality in terms of cryptocurrency trading. Of course, we all know we badly need to have profits as soon as possible, but this is not how crypto works. As it is an unpredictable field or industry, you may not know when it will go up or down in value.

Yes it will take time for you to earn (unless you are lucky if that specific coin or token suddenly made a huge jump or so for taking profit as soon as possible).

We do trade crypto to make a profit, because trading can indeed be a source of income if done correctly. The problem is the wrong mindset,
make some people only focus on pursuing profit and want instant profit. So many people fail when trading crypto, it's because they make a lot of
wrong decisions. Crypto trading is a high-risk activity, so caution and patience are required when making decisions. Emotional control is very important
and influential when trading, people who can control their emotions well, then making a profit is only a matter of time.

stomachgrowls

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Quote from: Oilacris on October 01, 2021, 05:19:24 PM

Quote from: checkmatesir on September 28, 2021, 10:06:34 AM

Never ever a trader should be hurry to make the profit and get the profit, always should keep patience while trading, the more a trader have patience the more he will earn and get the profit from that coin, but making money and being desperate for more money has two different things, which need clear clarification for the investors.

Hurrying yourself too get a profit would really be a big problem instead on which it could really result into losses because you arent already on your right mind on doing such good analysis because your emotion
had mixed up with your ambition to make profits.

Never be ever be desperate specially on the times that you are losing some trades.It would cause even more mistakes and losses which you should avoid it since from the start.

This isnt a race but rather talks about consistency and sustaining yourself in the long run.Dont hurry and just let things happen as you do go on.

Well said!

I would say the same thing too that dont be desperate on dealing up with things because this would result into problems which you said was right.
Everything does have its own time and moment which it is right that you shouldnt rush on doing things.

Trading was never been an easy thing and its true that this is not a race for you to rush up on making profits.This is why lots of traders do really
fail on this field because of that kind of behavior.

Woodie

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Timely advice because crypto advertisements are starting to be so aggressive online and in real life and people are so blinded such that they forget that these markets are of high risk. And because these companies are all in it for the money, very few have a deliberate policy to highlight some of these concerns that affect the markets such as volatility. But with the responsibility falling on ourselves let's seek to have the knowledge first before we get the money.

Oilacris

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Quote from: checkmatesir on September 28, 2021, 10:06:34 AM

Never ever a trader should be hurry to make the profit and get the profit, always should keep patience while trading, the more a trader have patience the more he will earn and get the profit from that coin, but making money and being desperate for more money has two different things, which need clear clarification for the investors.

Hurrying yourself too get a profit would really be a big problem instead on which it could really result into losses because you arent already on your right mind on doing such good analysis because your emotion
had mixed up with your ambition to make profits.

Never be ever be desperate specially on the times that you are losing some trades.It would cause even more mistakes and losses which you should avoid it since from the start.

This isnt a race but rather talks about consistency and sustaining yourself in the long run.Dont hurry and just let things happen as you do go on.

rahmathidayat93

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Quote from: Masplanc on July 15, 2021, 11:04:14 AM

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

Of course, every trader needs to control himself in trading so that he is not emotional and hasty in making decisions. All traders do have to be patient, not all of our trading results get in a short time. If you say to keep waiting until the market is favorable for us, I think the decision to hold is the final decision. and this should have enough money for daily needs.

martina14

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I am absolutely agreed that trading here in crypto business is very difficult to understand if you are here only for the profit.
Because, before we earn here there is a basic things that we must undergo in which there is no short cut. Therefore, always start with
the basic knowledge were most of the community that are newbie didn't take this seriously where in the end they loss their assets and melted
their investment anyway.

harizen

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Quote from: irsykes on September 29, 2021, 06:29:07 AM

like what OP said, we need matured mind to do trading because if we put our emotion we can be wrong to make decision and made us lose.

Emotion is something that you can't avoid while doing trading. It's part of the game and the challenge is, how to manage it properly.

Honestly, we can't just say to others that they need to control their emotions. It's hard. Let them experience the losses they will make while dealing with how to manage their emotions. Without errors and losses on the way, a person can never be matured. It's just fine to lose but while experiencing it, we should learn from it and try to minimize the losses while we progress.

It's ok for me to be desperate to make earnings but in a responsible way.

XCANA

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Desperation has led many people to lose 50 percent if not all the capital used in the trading. I must confess here I have lost all my trading capital at the beginning of my trading career in forex but that has thought me lesson and that has helped me in my trading career in crypto currency.

cheezcarls

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Most of the newbies and beginners out there are having the “quick profit” mindset and mentality in terms of cryptocurrency trading. Of course, we all know we badly need to have profits as soon as possible, but this is not how crypto works. As it is an unpredictable field or industry, you may not know when it will go up or down in value.

Yes it will take time for you to earn (unless you are lucky if that specific coin or token suddenly made a huge jump or so for taking profit as soon as possible).

irsykes

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Quote from: Masplanc on July 15, 2021, 11:04:14 AM

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

Maybe what to be desperate is when we lose, don't to desperate to get our capital back. Because it can lead us to do anything that can made us suffer. Why not, like what OP said, we need matured mind to do trading because if we put our emotion we can be wrong to make decision and made us lose. That can be worse thing happen to us. About age, i think it is no matter how much our age as long it not disrupt our live.

Rockstarguy

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I do not agree with you saying short term trading don't pay. Sometimes Short term trading pays, but I know there is always good profits in long-term training.
.

Alisha FR

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Yes, everything takes time and time to practice patience to keep waiting. Those who have enough money outside of crypto assets will definitely agree to hold it, even with years it doesn't matter. For those who only have limited money in their pockets, they will sell crypto assets little by little and don't care about losses anymore. this is a bad decision in trading, but because of circumstances forced to take this decision. And for me personally before deciding to trade, always prepare myself to avoid financial problems in everyday life. So I don't need to rush if the market is being dump.

Cadaver20

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There is a saying that slow and steady wins the race. It is very much effective in trading. Traders should not be in a hurry. You can never make too much profit in a hurry. Not only profit but also loss can happen in many cases. So traders must keep their minds calm. The better his strategy, the more he can go ahead in trading.

checkmatesir

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Never ever a trader should be hurry to make the profit and get the profit, always should keep patience while trading, the more a trader have patience the more he will earn and get the profit from that coin, but making money and being desperate for more money has two different things, which need clear clarification for the investors.

Natalim

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Quote from: Hobo66 on September 28, 2021, 09:15:48 AM

In my point of view, you should only get money if you acquire patience. Tolerance is the most important thing in trading and in many other aspects of lives. If you rush to earn money in short time of period, then it will become difficult to earn money. Because your mind cannot think good and reliable in short time. Trading needs time. You must concentrate on your strategies and trading plans. Don't be in a hurry to make money. It can lead you to loss money.

Trading is something that you have to work out to develop your own strategies and skills and it will only be possible if you have the positive mindset and patience. And being rush in seeing your profits has no place in trading because a good trader will always have to wait for the right timing, otherwise you'll end up losing. There may be long term and short term traders and they are both profitable if they will always go with the right coins and with the perfect timing when to sell. If you are not good in waiting, don't bother to trade.

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