Quote from: wmaurik on April 14, 2022, 03:28:54 PM

Quote from: Odusko on March 27, 2022, 12:06:08 AM

Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?

controlling emotions is the most valuable experience I have learned, because I once lost a lot of my money because I traded crypto when I was emotional because of a losing streak.
and many other things that I have never regretted but made it a lesson for me.
every experience we get will make us better in the future, so do things to get a lot of experience and also lessons.

I had the same thing but in gambling, I lost a lot of money because I chased my losses there. I rarely do lose money in investment because I am long term, but in trading I do not just "lose" money, I usually just put a stop loss so my losses are low, and I just keep the rest when they go back, or do DCA if I trust the project too much which means I rarely do lose when trading.

Not that it hasn't happened before, when I first started I was horrible at trading, but I considered those losses as learning curve and I considered it my lesson cost, and now I am doing better and that is how people should approach their trading losses as well.