You are the one who chose and decided why you lost, and the only mistake you did was to join the telegram pumping group, don't you know that the telegram group you joined is a nest of deceivers and scammers, They just bit you and didn't stop you not until when they saw you weren't bringing in a lot of money. Then when they saw that you had brought in a large amount, suddenly, boom, your money was dissolved for a few moments.
Now, you learn a lesson from your mistakes, even if it's not the end of the world, you can still continue to move on and face the good future waiting for you here.
That was one of my fatal mistakes when I entered crypto. Not only that actually dude. I used to lose 0.5 BTC on a Bitcoin multiplier site 🤣. This is ridiculous.. Cloud mining (Josh Garza I forgot the name of the cloud mining at that time) is also included🤦. I'll admit I was completely nuts at the time because I couldn't accept losing money. And fortunately I was only passing by for a while then realized that it's not that easy to make money. Group pumps, bitcoin and altcoin multipliers, cloud mining really needs to be avoided by newbies.
Small profit is still profit. And the first rule of thumb for me is contentment. If you as a newbie trader compares yourself with a Joe that is a professional trader who makes $500k per week on trading you may truncate whatever trading career you are building up for yourself.
Exactly right.
Hard slap for me.
Do not compare our capital, skills and profits with anyone. Including amateur traders and pro traders. Because indeed we are different and have different skills and analytical abilities. The point is, as you said, accept even the slightest profit, then stop when the mood or market is bad.
I had my real job apart from the forum and cryptocurrency investments.So it’s my habitual trading of crypto currency with the 30 percentage of my income every month.As like you think,it’s not the easy one to keep add 30 percentage of your salary to the investment.You should ready to keep in mind,when the price reduced also allow us to regain after some days.Some greedy people want to get hundred percentage of profit from their investment with a short period of time.
True. We know for ourselves human nature, never satisfied. We want more. There must be an image in our minds that if we profit from trading we want to buy something and it continues. Unknowingly, this urge is a poison that traders should not have. This is what makes trading destroyed.