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.

The only reason an experience trader will quit might be as a result of finance because for them to be experience they would have made good profit so quitting should not be an option because they knew what they went through to become experience in trading. And in the process of trading always you will always want to invest your money and everything you are getting into trading. And that is the reason some people think trading is addictive. The economy is not in favour of everyone, and people actually need motivation because what you will go through you will actually need motivation and encouragement. No matter what you must have passed through in learning so I won’t give up.

Quote from: MarjorieZimmermanGinger on July 14, 2024, 06:11:40 AM

Experience will always be a trigger for us to change and with that experience we can also make studies regarding previous trading failures. Trading changes everything, attitudes, emotions, management and many other things, trading also matures us in thinking so that it will give birth to formulas for managing finances well. Through trading people will learn how to make money, but it requires the ability to study and if trading is not the right choice then use investment as an option.

Everyone experiences difficult times and we learn from time to time to get out of these problems, even though sometimes it is difficult and full of challenges. If experience does not teach us to change then it will be difficult for anyone to get out of financial problems and now to get out of financial problems we have to have the courage to take risks.

If you have experience, I believe you should concentrate on improving yourself and continually learning from your mistakes during losses. Occasionally, we forget that the most important thing to remember is not how long you have been trading, but rather how profitable you have been. Emotions is even worst when you are trading because the moment you lose it and you can not longer manage it anymore then you won’t have a choice than to give up. After all the hard work is not worth it. There are facts that you have to accept when trading. Their experience traders that make worst mistakes than even newbies is good you take risk but don’t make silly decisions and that is why controlling of emotions is very important. From time to time you just have to accept what you have already lost been mature emotionally will actually make things easy for you.