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Topic: You could die from trading. - page 7. (Read 2028 times)

member
Activity: 868
Merit: 63
May 07, 2021, 05:58:43 AM
#97
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therefore we must be able to control ourselves, so that we treat trading like a daily job. so as not to reduce the rest time and the mind will remain calm so that in trading without a lot of pressure. actually we can do that, where at bedtime we must have no transactions
Pretty easy to say that we control ourselves but if you are daytrading for 7 hours and you are still losing, I think that the frustration is going to trigger your obsession in terms of not making a day where you end up losing.
legendary
Activity: 2338
Merit: 1124
May 07, 2021, 04:48:01 AM
#96
Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.
These are essential things are every human and not just limited to crypto traders. I mean everyone must engage themselves into physical activities for better health.

To avoid all these hassles, I have chosen to be a long term trader and long term holder. I do not need to take any tension for trading regarding. Only intraday traders and short term traders might need to spend long hours in front of market screens.

Trading frustrations must need to be avoided. One simple technic for this is always using stop-loss and accepting losses with the hope of recovering in future trades. Mental tension from trading is possible even for small level traders but if you have good mindset up then you can easily manage them.
hero member
Activity: 2982
Merit: 610
May 06, 2021, 05:14:23 PM
#95
snipped...
You would really be needing that kind of mindset and a strong self control towards your emotions because not all would really be that good on handling it out in these circumstances.

Everything should be balanced as it should be because there are things in life that might really be ending up on a result which wont really be that good if you don't mind
or do cross out those priorities.

Earning money is important but don't forget that it isn't everything and always take care of yourself when it comes to health and similar factors.
The truth is that we can't leave this time without money. A reason why all of us are prioritizing earning money than looking into our health condition but that is really wrong. And we need to balance our lifestyle, money, and health. Desperation, frustration will certainly come especially in trading if our minds are not healthy anymore.
Hearing someone commits suicide, killing themselves, health problems, we will be expecting more on this in the future if we continue our lifestyle.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
May 06, 2021, 04:44:43 PM
#94
As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.



Death is inevitable. You can't predict when you will die or why. And yeah, you can die from trading too. But that's very rare. Unless you have any underlying health problems, you won't die from trading. If you can't handle stress or have issues such as weak heart, anxiety disorder or on the spectrum, then you shouldn't trade. It's going to affect you very badly. Those might even lead to taking very poor decisions. And don't forget about those instant emotional flips. People have killed themselves before because they couldn't handle their loss. So yeah, taking proper mental and physical care is very important before you start trading.
hero member
Activity: 2968
Merit: 687
May 06, 2021, 03:49:57 PM
#93
To be successful in trading you have to be able to control your emotions and keep your emotions in check else you're doomed because the market will squeeze and tease you. Having an heart attack/ committing suicide wouldn't be surprising news to me. People act irrational when they lose....be it a job, money, a partner or a loved one. Same applies here nothing particular to the crypto market.  You need to find a balance, something to keep you in place when a trade goes bad. Develop this habit and you'd survive the storm.
You would really be needing that kind of mindset and a strong self control towards your emotions because not all would really be that good on handling it out in these circumstances.

Everything should be balanced as it should be because there are things in life that might really be ending up on a result which wont really be that good if you don't mind
or do cross out those priorities.

Earning money is important but don't forget that it isn't everything and always take care of yourself when it comes to health and similar factors.
hero member
Activity: 1148
Merit: 555
May 06, 2021, 03:40:05 PM
#92
To be successful in trading you have to be able to control your emotions and keep your emotions in check else you're doomed because the market will squeeze and tease you. Having an heart attack/ committing suicide wouldn't be surprising news to me. People act irrational when they lose....be it a job, money, a partner or a loved one. Same applies here nothing particular to the crypto market.  You need to find a balance, something to keep you in place when a trade goes bad. Develop this habit and you'd survive the storm.
full member
Activity: 862
Merit: 100
May 06, 2021, 08:53:58 AM
#91
As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.




The risk you have to accept if you predict wrong with all of this. Everything will not run easily because you will feel heavy stress if you are not calm and patient to overcome it. just might be crazy. I have also taken careless actions in trading and made such a huge loss that it made me daydream for a few minutes wondering why I was doing this.

A healthy way to exercise and eat nutritious foods even when you're under stress. Think positively and look for opportunities from the mistakes that you have done before. Although this is all not as easy as what is said.Wink
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
May 06, 2021, 01:42:47 AM
#90
Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.
Yes, I agree that we need to focus on our health as well because market pressures are known for destroying our mental help which may lead to physical complication as well. So, taking care of our heath always more important than just making money from trading. I am not seeing investors and long term holding are suffering big mental pressure our of market conditions.

So, even if you are unable to handle market tension and pressures then you must choose other other way of money making in the same crypto trading which are always recommended one: long term holding of bitcoin and any other reputed assets.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
May 05, 2021, 04:02:27 PM
#89
Trading is really stressful imo, you have to constantly check the market and always check how your positions are doing, the part is when you're in losses, you would be think about it all day, your mind won't be at rest cause your portfolio is bleeding, this is one reason why I prfer investment over trading, cause investments you don't have to constantly check the market chat and all that, you just invest and wait for the coin price to skyrocket after listing then you sell, I think it's alot more profitable than trading.
full member
Activity: 1610
Merit: 103
The OGz Club
May 05, 2021, 03:55:27 PM
#88
if you die in trading, of course it's a silly thing! Trading can indeed be a non-stop job in the crypto world because the market is always running for 24 hours,
but we can wait for the right moment if you want to buy, because the ups and downs are also waiting for time , there is no problem in this crypto world about the running of the trade,
everyone enjoys it and there is rarely news about a silly death like you fear.
legendary
Activity: 2030
Merit: 1189
May 05, 2021, 03:44:25 PM
#87
That's why i'm on long term investor or HODLer instead trader. That doesn't make any sense for you to always stay 24/7 on screen or your laptop to maintain the price. As example, bitcoin was traded below $50k just few days ago, and now? Bitcoin traded above $55k and it bring much profit of HOLD instead trading or daily trade.
This is a good strategy when you invest smart but for low amounts trading can be a good way to get that extra money. I always say if it starts swinging to the left then having your life at risk over something that's yet no even guaranteed is just bonkers.

Best to spend a lot of time picking the right project and then HODL, this way money comes to you...
hero member
Activity: 2996
Merit: 609
May 05, 2021, 03:21:40 PM
#86
You can literally die from everything. I read once that someone died from drinking too much water.

You can die from not having enough sleep, lying in bed too much, eating too little, eating too much and so on. Surely you can die from trading.

There were people who died from playing computer games too much, there were people who died having sex because their hearts gave out.

If you sit watching charts 24/7 you'll probably die too Cheesy
I don't think this is something you have to warn people about.
You could really die when you do things too much in life, no matter how simple it is but you can really possibly experience body effects or the worst you can eventually die.So we shouldnt really be that
confident on engaging on things too much or shall we say on a unbalanced manner.

Balance everything and you should be fine. Be mindful on your health because money wont really be anything if you do already get sick and those profits would really be just used
into hospitalization so be careful.

Take everything in control and moderation.
hero member
Activity: 2184
Merit: 531
May 05, 2021, 03:12:08 PM
#85
You can literally die from everything. I read once that someone died from drinking too much water.

You can die from not having enough sleep, lying in bed too much, eating too little, eating too much and so on. Surely you can die from trading.

There were people who died from playing computer games too much, there were people who died having sex because their hearts gave out.

If you sit watching charts 24/7 you'll probably die too Cheesy
I don't think this is something you have to warn people about.
sr. member
Activity: 1610
Merit: 264
May 05, 2021, 03:05:08 PM
#84
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It is money. Everyone would chase money over their health, and I gotta admit that I am a bit guilty of that because I work a lot to cover up the expenses needed to made in my home, but what I am not forgetting is to chillax a bit and watch some Youtube vids.
People are forgetting to chase their happiness, but instead chase their money.
"Money doesn't buy happiness" is a big lie, but you shouldn't dig yourself your own grave. Work to live not live to work.
legendary
Activity: 2086
Merit: 1058
May 05, 2021, 02:08:12 PM
#83
Actually trading can also contribute in developing this serious illnesses.
Well for sure everyone of us are here in trading platforms because of our sole reason and target and that is to earn a profit especilly at this serious times of pandemic.
But most of all we should prioritize our mental health and that is why it is so important that we have a self control and limitation when it comes on dealing in trading.
Like what we have a saying that everything is good but in moderation.
I do not understand why would anyone do it like that? I mean if it really creates such a huge problem for you, then maybe you should not do something like that and stop trading? After all we are talking about something that "could kill you" here, I do not think that it could kill you, but I have seen people who commit suicide because of crypto in the news, so it is technically true. Which begs the question, if you are doing something that would end with you committing suicide if you fail, why do it to begin with?

I understand that people want to make money and they see something and they basically end up getting greedy about it and want to put in 100k and make out 10 million and never work ever again, that is the train of thought when they are getting in. However if the downside is you dying, then it doesn't really worth it does it? I mean I do not think that it is really that worthy to test that theory out.
full member
Activity: 784
Merit: 100
May 05, 2021, 09:47:19 AM
#82
Trading can be very risky and can cause hypertension or cause health issues to those who are too emotional, like I always say trading without knowledge of technical analysis is just like gambling and will always cause disaster to one's health due to much thinking. This is more reason while risk management should always be applied to prevent great lose, we shouldn't trade without stop loss if we aren't there to watch the trade, and after a hectic day always try to rest and relax to cool of the stress.
hero member
Activity: 1498
Merit: 586
May 05, 2021, 06:37:49 AM
#81
Stress, anxiety, depression, panic
Those are the side negative effects of gambling, if we really are not ready enough with trading consequence.
Actually, as long as we have been ready with all the risks and also have strong emotional control management, it may not happen. because we have already know when to be very serious when to be relaxed, and how to manage and face any kind of market volatility.

So far, what makes many people stressed because of trading is because they really expect high profits and then the result is the opposite, moreover, if the money is from the loan, saving, and other necessity money used.
This is ironic when they don't know the basic laws or rules of trading cryptocurrency.

Actually trading can also contribute in developing this serious illnesses.
Well for sure everyone of us are here in trading platforms because of our sole reason and target and that is to earn a profit especilly at this serious times of pandemic.
But most of all we should prioritize our mental health and that is why it is so important that we have a self control and limitation when it comes on dealing in trading.
Like what we have a saying that everything is good but in moderation.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 05, 2021, 02:00:50 AM
#80
Yes if you are daily trader and not thinking about your health physically and mentally then it can be dangerous for you. Trading works goes through tension and mentally sides. So you have to give importance to health.
It's not because they are daily trading, it's because got so obsessed with trading that they prioritize it the most instead of their own well-being, to be honest the people that are likely to have problems are those that keep thinking about their health but not doing anything about it. Health is the first thing to prioritize and then making money because what is the use if you have a lot of money if you are already dying.
therefore we must be able to control ourselves, so that we treat trading like a daily job. so as not to reduce the rest time and the mind will remain calm so that in trading without a lot of pressure. actually we can do that, where at bedtime we must have no transactions
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
May 05, 2021, 01:35:28 AM
#79
Having a well structured risk management policy can save one from unnecessary stress from market analysis. If your analysis right neglet the behavioural attribute of the market most especially retracement moves all that is required of you as a trader is for you to set your stop limit then engage yourself with other profitable ventures
member
Activity: 868
Merit: 63
May 05, 2021, 12:27:01 AM
#78
Yes if you are daily trader and not thinking about your health physically and mentally then it can be dangerous for you. Trading works goes through tension and mentally sides. So you have to give importance to health.
It's not because they are daily trading, it's because got so obsessed with trading that they prioritize it the most instead of their own well-being, to be honest the people that are likely to have problems are those that keep thinking about their health but not doing anything about it. Health is the first thing to prioritize and then making money because what is the use if you have a lot of money if you are already dying.
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