Post
Topic
Board Altcoin Discussion
Re: Understanding cryptocurrencies and investment.
by
AakZaki
on 13/06/2023, 19:00:52 UTC
Indeed, the man's onto something valuable—comprehending the science of crypto before investing is non-negotiable. It's akin to buying a car—you'd check under the hood, wouldn't you? Yet, has he put his understanding to work? That's the Bitcoin question! Crypto investment resembles a tightrope walk—requiring balance and focus. Certainly, theory and reality may clash in this volatile crypto space, but isn't that true for all investments? His words, "Train mentally and be ready," resonate profoundly. Grasping the market is just part of the game. Mental fortitude, resilience, and patience are key. Knowledge alone is futile if courage is lacking.
Knowledge alone is useless, it's just a theory without practice that makes development better. Practice alone is also not good because there is no clear theoretical basis. So both are very important.
Regarding mentality, it is the main focus that must be trained, usually some beginners cannot control it and tend to make mistakes because they are too panicked. But for professionals who already have a lot of experience, of course they are mentally trained and can make good decisions.