Quote from: Charles-Tim on Today at 11:41:16 AM

Quote from: LongBTC2Moon on Today at 10:40:50 AM

Also I was thinking of selling a piece of land I own, buy some bitcoin and keep it safe in hardware wallet, not trade with it.

Why would you sell a piece of land because you want to buy bitcoin? I think this is not a great idea at all because a piece of land is also an appreciative asset. And you should know that you do not want to take it slow is the reason you are thinking like this, while you need to take it slow in order to profit, or losses can ensue.

Quote from: LongBTC2Moon on Today at 10:40:50 AM

And slowly recover from my existing 20%. Or stop trading completely. This 20% is also quite some. so just stop trading and be content with whatever I have. and DCA in future.

According to one of the rules of trading, do not count what you lose as losses (rather, as a means of learning in order to avoid past trading mistakes). If you lose, stop trading at the time to recover back good trading strategies. Just only focus on how not to lose, what has been lost is gone and never think about it, neither also not thinking you gained back what you lost but how not to lose anymore.

Quote from: LongBTC2Moon on Today at 10:40:50 AM

Thank you 4Y078. I will do it. I later watched some videos on youtube and I am learning.
I think, I should have learnt about 'preserving the capital' earlier. It was mentioned in one of the videos. I have written down some rules in a notebook and remind myself every now and then.

You need to know the trading rules, trading is so risky, you can lost a lot, leading to selling of properties, trade again and lose. The best is to first try to use the Bitcoin that can convenient you to use and have a good risk management.

Thank you Charles-Tim.
I have to reiterate this, never sell your land, be patient, hustle for money and buy Bitcoin. If you think trading is not making any sense, then believe in Bitcoin and just hold.