Re: Persevering Through Crypto Trading Losses

It is not end of the world ,that is the thing that we need to keep in mind, as long as we keep that in mind, we should be fine. I get that we are not going to end up with anything that crazy, we should probably see this as normal and not really anything bad.

Losing money happens all the time, and if we keep losing money then we are going to be fine as well. The thing is that, people are reacting as if everything is ending and the world is about to end. That is not the case, if you have your life ahead of you and some years to keep working, you can always recover from absolutely anything. Plus, even if you can't the road to try to make it better is the life you live, that is fine and we just consider that as our life I suppose, still better than the alternative.

True. Trading is not something that will guarantee consistency in profits, but definitely it has its own inevitable losses as well, even if you are a legend in trading. I supposed one already knows about this prior to trading, otherwise he will definitely find it difficult to accept those losses he encounter while trading.

This only proves that if you are in the state of losing, quitting is never the option but a motivation to improve more your trading abilities and skills. No one gets shortcuts to successful trading, one should always know how to win those small battles of losing first so he will be more ready to face the big challenges in trading.

I truly hope that after very large losses, that person who will never quit trading will find some success and actually break-even then make more and profit. Because if he/she doesn't, and he/she has used all of his/her savings, then continues to lose more with his/her monthly salary, there should be an intervention, no? Gambling Addiction may be mistaken for "Motivation" in some situations.

Success isnt a guaranteed thing and this is why it would really be that recommended that you should be considering that you would be somewhat realistic if ever thing doesnt come on your way. There's no guarantee of success but doesnt mean that you wouldnt really be finding up ways or would really be doing hard work just because you've been that you arent that making those profitable trades. For those who do quit up easily
then it would be that not a good thing because we do know that learnings come from those mistakes and it would be a normal thing that you would really be needing to apply those learnings that you have gained into those loses back in the past and would really be that making much more better approach into the next trades that you would be making.

The only time that you would really be needing to consider on quitting or stopping is on the moment that you've been trading up for so long but you didnt see any progress into your trades
on which simply means that you arent that doing something good and it would really be just that better that you should quit or look for another career or thing that
to get involved with.

But people should always discern from themselves what's "motivation" and what's addiction. If a person who has been "day-trading" for five years, and still continues to lose his/her monthly salary to the market, then is that truly motivation or an addiction towards gambling his/her salary/savings in crypto? I believe that a normal person would have a point of acceptance that he/she can't trade and would stop such behavior.

On the moment or time that you've seen yourself on having such condition on where you've been doing some trading for 5 years but ending up on still on loses, and the worst you've been making use of your salary funds
on funding up such trading capital then it would really be that impossible that you couldnt really be able to point out on such condition and you wouldnt really be acting out accordingly into it.

On the time or moment that you've seen that you arent that progressive on what you are doing then 1 year or few months will really be that enough for you to find or look out whether you are doing good or not.
Although making yourself learn in doing trading wont really be just that be in short time basis but rather it would really be something that do talks a long period of time but just like been said that on the moment
that you've seen yourself not showing any progress then it would really be that impossible that you cant be able to determine whether you should really be stopping on what you are doing and pursue another
career specially on the moment that you've seen yourself that you arent doing well.