Quote from: Hypnosis00 on November 14, 2023, 09:58:17 PM

Quote from: Awaklara on November 11, 2023, 02:05:32 PM

Quote from: Biznesmen on November 11, 2023, 12:44:13 PM

I think this is some of the best advice that someone has given me. The major reason most people are willing to invest in or take risks in the crypto market is because they have financial pressure. The financial problems make them blind and definitely lead them to make stupid decisions. Especially because they are urged to take a step without even being aware of the real situations happening around them. People in that position are willing to take any risk to get rid of their problems, but that risk has cost them a lot.And the series of successes is the energy or fuel they get to go on. We can't say to give up after success, but be more cautious about your next move.

I don't think like that. Those who are financially stressed will be distracted from planning investments. it won't go well.
Those who plan investments are of course those who have financial strength. so if the investment does not go according to plan it will not affect the finances.
Investing is not gambling. In fact, I have seen incidents like this happen to many frustrated gamblers who want to double their money instantly.

Investing and trading are not gambling but it went to that situation if that person has no knowledge about it. Many people underestimate the market volatility, they'll though that knowing the basics is trading is just okay but that is not how trading works because if this is only what is in our mind, we'd better stop doing this as it results in losses. We can't force ourselves to become a trader unless we have the courage and willingness to change our wrong mindset and market approach.

Actually, when a trader is unable to control his emotions, it would really lead to losing their crypto assets. Until now, many individual traders still experienced that.

Why do they experience that? That's because they lack ideas and knowledge, because if they only knew how to handle our emotions correctly, they wouldn't just panic when something unexpected happens in the market, that's for sure. Our emotions are part of our traditional activity.