Post
Topic
Board Trading Discussion
Re: What motivates you as a trader?
by
Mahanton
on 24/09/2024, 18:58:52 UTC
Newbies chasing profits somehow because they want to rich at overnight even when they trying to trade against in market trend, newly meme coins sometimes increase highest as per as wif,shiba inu, pepe coins, so they are rush to invest in meme coins to increase their money 5x to 10x, but end of the day their mission will fail. Newbies should trade with big coins which will be safe always.
There is risk in all things you do, including trading, traders of all kinds have been trying to find the formula that will allow them to do just that and many people have failed, so it is important to remember that even if a person trades solid assets, they can still lose money, since the markets can move on unpredictable ways that you may not expect, and cause you to endure losses so great that they may be enough to cause you to give up trading for good.

There's no assurance in terms of acquiring profits there's still risk and up and down that you may experienced but the sole motivations is when you decently earn both money and experienced, it's more on how you deal with knowledge and how you execute the potential outcomes, there are potential to earn once you already overcome greed and fear that keeps on holding you down to make mistake, your call and your decision making is very important to make that success.

Usually people falls from quick rich schemes and invest on those tokens which is fast moving like scam meme coins. They think that they will be so rich once the token they bought pump the same as what the dev promise to them. That's why those expectation they set from wrong token choices lead to a massive loss to them. This is how knowledge on how to deal everything related to trading is important since with this they would able to know how to lower down their expectations on some coins then could able to figure out what are the best to trade and which of those are good to avoid.

When dealing on risky market movement our decision making is really important, that's why before dealing or picking coins to trade we should know their latest tracks if there's good scope that we need to look forward so we have some hint that those coins or tokens would have good a chance to pump.
You cant blame out those people on which even ourselves having that particular time on which the things that comes up into our mind is on how to make ourselves rich and thats why we do came up into the idea
that we should invest into those meme coins or to those low caps without even trying out to realize or think about into the risks involved with it. This is why its really that important that on the moment that you do deal up with trading then always be best that stick into those established old coins in the market on which you could somewhat assure that they are really that worth holding for long term and not really just that dealing on with those scam coins or meme coins. Cant really be denied that what makes people interested on dealing with meme coins is into its potential profit that you couldn't be able to earn or obtain when dealing up with those known coins that we do have in the market. Due to greed and that lack of patience on which wanting to get rich in a fast manner then this is where people do become desperate and comes up into these kind of options or ideas. My motivation as a trader then i do really wish that one day i would really be able to quit up by dayjob on which i do able to make a living with my trading profits. Yes, it cant be possible to be profitable all the time on which loses would be part of it but one thing that i do try to reach out is on how to be sustainable. How good to be on a condition on which your trading skills could really be able to make you survive on your day to day living on which for sure most traders are really that aiming on the same thing on which becomes professional and that sustainable.