Quote from: Asiska02 on Today at 05:33:12 PM

Quote from: Davidvictorson on June 13, 2024, 05:46:26 AM

Should quitting be an option as a crypto trader with years of experience who just encountered a massive loss because of a few shady characters? Anyone who has been trading long enough would agree that it changes your relationship with money. Trading helps you learn a lot about yourself, your emotions, and your patterns. If you have experienced trading loss in whatever form, do not be discouraged. Rather use it as a motivation to strengthen your resilience by adapting to a new approach. You already know how it is with the crypto markets, one has to be persistent and allow our hard-earned experience guide us toward future success. I just thought to write this little piece for anyone out there who is going through a difficult time in crypto trading.

Every trader needs a word of encouragement when they’re on the brink of giving up at some point, maybe after incurring some loses that made them hate and want to leave trading. The trading process is a school that is full of many knowledge and experience that when you adapt into your daily financial plan, you’ll be successful in that aspect of life.

Experience they say is the best teacher, so having many experience in trading and not giving up, inculcating it back into your daily trading plans should be your main aim and you should not give up no matter the many times you find a reason to. Always look up to that one reason that made you to start trading the first time, it’ll keep you going and will eventually reach the point of what you’re aiming for.

You won't really be able to succeed so easily if you are really that easy to quit up specially if you are that experiencing hardship and challenges specially on the moment that you are losing.Dont make yourself having that kind of weak mindset because if you do make yourself having that easy give up emotions or behavior then there would really be no progress just because you are making yourself be stopping directly.
Handling up loses wouldn't really be that simple on which you would definitely needing to consider because on this market on which it's really that hard to have that always profitable trades because of its main unpredictable and random kind of behavior.Despite of this situation you should be accepting into your mind on how this market works and behaves and act accordingly and be versatile and be prepared on such conditions.