Post
Topic
Board Trading Discussion
Re: Step you have to take before venturing into the market
by
shisotsu
on 09/01/2024, 20:40:17 UTC
(2) you must learn how to be patient: without patience it's nearly impossible to be successful in the crypto market, that is one of the virtue required in the craft.

As a newbie I can say that after you lose your deposit several times, you will become much more patient than in the begining of your path. I deposited into my account at least 4 times and every time I lost everything due to fomo and lack of knowledge. After my last loss, I decided that this is not my business and I don’t want to do this anymore. But a week later I decided that I would make my “last” deposit and do everything according to science. And for some reason, after I deposited it, I realized that I didn’t have the same excitement that I had with the very first deposit, I was no longer angry when I lost and I didn’t smile like a fool when the price went in the right direction. I just draw conclusions and, if it was a losing position, I review the charts and look for my mistakes, and if it was a profitable position, I don’t feel anything at all and just prepare for possible future losses.