Quote from: Fiatless on Today at 05:18:20 PM

Quote from: Issa56 on August 17, 2024, 08:39:57 PM

Seriously, I will say not everyone is supposed to be trading. If you know trading is not for you, then it’s better you stop trading. Instead of causing yourself some health challenges, there are other things you can do to make money. Instead of trading, you can just decide to invest, and if you're investing, make sure it’s in bitcoin.

Traders suffer from health problems because they invest more than they can bear. I also agree that trading is not for everybody because not everyone can take risks or endure losses. I usually advise people not to engage in trading because somebody recommended the profession. They have to consider their health and temperament. Other businesses are very lucrative besides trading.

Quote from: Dr.Bitcoin_Strange on August 19, 2024, 09:58:36 AM

As a trader, it's wise to know that the crypto market is very dynamic; even if you feel you have the right winning strategy to profit from the market trend, the price can still go against your prediction. That's why a trader must be ready to accept whatever result they get and also plan not to venture into revengeful trading habits because it can cause more losses. It's better to enter a position if the signal is very strong rather than enter a risky position that is not yet very certain.

Revenging the market is like chasing losses in gambling. When you feel that you have devised a strategy that you will adopt to regain your losses, you might end up losing more. The best approach is to always maintain your risk level and budget even if you have experienced some losses before. A boxer who goes into the ring, because he wants to revenge his past defeat, might make costly mistakes because he is not psychologically balanced. I prefer to take a long break after successive losses than to embark on the dangerous pursuit of revenging the market.

Precise comparison on which its true that revenge into the market would really be same as goes when you are trying out to chase loses on the time that you do gambling on which we do know that its really that advisable or recommended on doing such stuff on which we know that this would really be that resulting into that huge disaster on the time that you would really be having this kind of behavior.
You cant really just that make yourself be that totally safe on the time that you would really be hovering yourself towards the market. It would really be that recommended that you should
really be that making yourself be versatile on whatever the conditions that you would really be taking. Never ever make yourself that having that kind of impulsive feeling.

On the time or moment that you would really be trying out to have such behavior then it wont really be that much different when you do gambling and this is something that you must avoid
as much as you could because it would really be resulting into negative when you are really that trying to tolerate out such condition. This is why it would really be that
important that you should really be trying out to adjust accordingly on what must done.