Topic: I want your happiness. - page 7. (Read 1041 times)

Stay away from crypto trading, because it's actually not too different when compared to gambling. You can be a skilled charts' reader, but it doesn't mean you will be able to predict market fluctuations with efficiency on long run, because we are in an unpredictable market which moves without apparent reasons relatively often from times to times.
Keep trading as a hobby in your life, but don't rely on it for a living. Use your money smartly to invest in another options which are safer. For an example: just hold bitcoins or buy a property and milk passive income from it. Once you start receiving profit from your investments you may think about start trading again. Only then you will have the assurance you won't compromise yourself if you lose money that way, so it won't be an issue at all.

Being a trader is not easy and also very risky, therefore you must first learn the risks and also the correct way of trading and also use small capital to start so that the losses you get are not too large.
always have a plan B when plan A fails and trade at the right time, because most trading beginners are not based on sufficient knowledge and when they lose they easily give up and blame bitcoin, and actually failure is a valuable experience to be able to correct and also correct mistakes to make it better good and not give up easily.
if you are not ready to take the risk you just buy and hold it until the price rises then sell it for profit and according to your wishes and that is the best and safest way.

If you have something in mind for yourself, the main thing is not to give up. If you fell, then get up and go on.
Our mistakes and failures make us even stronger...

No one won't dispute the fact that everyone wants happiness but not every opportunity is worth your time, say for example that you are a billionaire, and you've been presented with a million dollar opportunity but you know that it's only that and you will have to spend billions worth or resources to make sure it's going to be successful, would you take it? Pretty sure that most will say no. Choose the opportunity that you want to get in.

You wanna try again but has no time? until we have breath  in our lungs we can still try and try our best leaning and profiting here in crypto market .
if this is what behavior you will have? then best to leave it now and never come back because this is not for weak and surrendering , this market is for strong and progressive .

I started trading crypto from a small capital. enter the stock exchange and then run out because continues to decrease in value. it happened almost a year. maybe almost the same as your experience.
but after I learned, I was wrong in determining the asset for day trading or short term. as well as feelings of panic easily when market movements are very volatile. I decided to stop for half a year. then return with a larger capital.
I tried to fix my mistake. learned about short trades from several communities and I'm making continued profits.
I think you should find the weakness of the trade that you have been doing. find the solution and you can return to the market for your profit.

When I first got into crypto I was also very eager to trade. I don’t know, perhaps it comes with the excitement. That passive hodling is definitely not as interesting and attractive as that very active trading, at least to an overexcited newbie. Of course, I incurred losses rather than made gains. The lessons I learned made me a hodler.

So don’t you worry too much. Yours is not an isolated case. Many of us here probably travelled exactly the same road. If you’re really committed to stop trading altogether, try hodling while also stacking small amounts of Sats every once in a while. It’s actually fun and most probably more profitable, too.

Trading can be more profitable than just holding - that is in the short-term. However, trading is not for all as there is certainly a learning curve one has to go through successfully before one can decide whether this can be a person's focus and of course there are some risks that has to be understood and managed well because they can be the main obstacles that can hinder one's growth. As for me, I realized years ago that trading is not something I would want to go through as I am so weak with technicalities and grasping concepts that are necessary to be a successful trader. Now, having said that, a person can pursue trading if there is really that interest inside and learn as much as possible and if you can it would help to have a mentor on your side. Anyway, good luck and more power.

As they say, experience is the best teacher that could make our mistakes becomes corrected and avoid those mistakes that won't happen again, so I think that's the important thing while you're learning in trading.  There are no perfect traders even how long your experience is because the price is always unpredictable and no one can guess which direction it will lead or which coins the right choice to invest.

If you have a consistent loss, I would say, don't be hurry in trading, just keep practicing or find a crypto trading platform that has a copy trading option which is while gaining experience you can avoid heavy losses.  It could be also a demo trading is quite helpful for you.

Giving up is a sign of defeat so best to try again and maybe you are just disappointed on how all things turn down on your trading career so I guess best to take a break for a while and study again the basics also analyze well on why you lose on your trades. For sure next time you do trades you are wiser on your decision making so be knowledgeable first and also learn to control your emotions while doing trades.

This may be very difficult to happen.
We've seen so far how big a challenge Bitcoin is to become one of the currencies in the world.

I think that most of us are also feeling the same, we are in this market condition.
But what makes us different is our preparation, starting point, strategy, and also emotional management.
Not all people are stressed when facing this kind of market because it is sometimes that is very usual to happen in the crypto world.
But unfortunately, most newbies are feeling so stressed because they think that they lose money so much because of the decreased price of Bitcoin itself.
I cannot blame this kind of person because I know that they are still being stressed and also they are so sad right now.
But, there is no need to be stressed, you may not be able to turn back your money by being in that's stressed condition.
The way is by being patient and more patient. We all don't know when the market will be better again.
But one to note, you will not lose your money as long you are still holding the asset. And you will exactly lose your money when you are being panicked and then sell off all your assets in this decreased price market era.

That is what you must decide carefully.
You must be ready about the risks of investing or trading. Don't only Expect for the profits but you must also know and understand how you manage loss and emotions when being in this market situation.
Keep it up and never panic yourself.

There is nothing best as holding. You will be able to sleep and not wake up at the middle of the night, you will not give pains to your eyes by not watching the candle stick chats very often, no stress like in trading. What pain traders that lost most is when they will devote their time, energy, data network and money but yet still losing. You can have a good investment plan and just continuing holding.

when that happens do you see other opportunities such as investing for the long term?
don't be in a hurry to learn everything slowly because we still have a lot of time, don't let emotions get to you.
when you keep losing, this is actually an order for you to be more active in learning this but of course don't force it if you have already suffered a lot of losses, try to look back at what mistakes you made so that you lost.

To add up, you shouldn't really hurry on learning up everything because this doesn't talk about few days or months before you could get a good grasps on this market.This do involves a long span of days

making out those trial and error because trading is hard and cant really be handled out on just few tries that's why quitting wont really be a solution but rather learning out from those mistakes.

Yeah, we aren't on the situation on where you are now but it wouldn't be bad to at least having some retrying out again but on a much wiser condition.

Maybe trading isn't for you, OP and that is okay. Trading isn't for me either. Back when I was still learning day trading, I had managed to learn stuff from trading like the Bollinger Band and RSI stuffs and learning how to use those weren't enough for me to make some money and knowing that I still have a full-time job outside crypto, I know I am not going to succeed in trading because it isn't literally for me.
I just went full holding after that.

Use the amount of money you can afford to lose for trading. Learn trading and have experience for many months before you will have to choose if to continue or not. But I think you decided to stop. Trading is very risky, it takes from people than give, I mean the total number of people and the total number of people that are losing.

The best can be to just hold. You can always be patient, let the market fall and invest at bear time, the market will rise and you will definitely make profit. You can as well have a plan like investing more as the bear market continues so profit will be the net result in bull time.

Patience can help while dealing with cryptocurrencies.

How will Bitcoin change? Or whether it can be used as banknotes

Every day, looking at the charts and looking at the blue and red Kendalls, I get stressed out,

They say there is no such thing as a noble profession, but you also need a basic base (capital) to get that job.

I don't think you can make a lot of money as a trader because you have a lot of money.

However, if you are a person with a lot of basic knowledge of trading, you think it is true that you can earn a lot of money because you have a lot of money.

I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.

It would be very miserable compared to an experienced trader who traded for 3 to 5 years. In any case, each person’s wishes and
'Cause there's a way

But now I have no choice but to stop trading

Of course, I don't know if it will be possible in the future.

I want you guys to always follow the trading laws you have experienced and trade by unconditionally.

I failed, but I wish you all a successful investment!

Google Translate may be hard to understand.

have a good day and have a good night