Quote from: JeffBrad12 on January 18, 2025, 03:25:14 AM

Quote from: Wexnident on January 17, 2025, 04:26:01 PM

Quote from: Mr forfee on January 15, 2025, 05:17:53 PM

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You don't need to watch the market 24/7. Set up signals and use tools to assist you. Watching changes for all your assets all the time is going to quickly burn you out and would inevitably lead to bad decisions imo. If you wanted to you can set up bots to automatically move your assets for worse case scenarios to avoid anything immediately bad.

Or just leave, like me. Honestly trading burned me out pretty badly when I tried it out at first so I switched to just doing DCA. Now recently I've been doing some light trading here and there, much prefer it like this compared to concentrating on it all the time.

yeah plenty of tools can be taken advantage of from alarm to SL/TP, at this point I don't think watching the market 24/7 even a valid reason, even proper TP/SL already freed us from going the mental torture of watching the market and risk being liquidated for the whole account. for people who did DCA, they can easily just accumulate at every good support or dips, for future trader, they can simply do the same but with SL. it's trading is pretty easy right now.

I'm seeing it as more of lack of curiosity to figure out some tool that can actually improve their quality of life.

SL/TP would really be that significant when you are making some short trading but on the time that you will be making up some holding then these things will be that irrelevant. When doing trading then everything will really be that needed up to reconsider on what are the probabilities and chances about losing and profiting then you will be that needing up that adjustment on the time that you do deal up with crypto trading. Complete sane? you should be needing up to consider out such approach because at the time or moment that on making up trades then its been that good that you do really know on what you should be doing because you wont be having that kind of progress if you will be that losing that control because at the time that you do deal up with this volatile space then you should be that prepared on whatever things that you do need up to do. Trading crypto or a volatile market is never been that easy and since we are just humans and its normal that we will be that having these reactions and on the moment that you are experiencing loses then you will be having that kind of disappointment or anger on which this will be causing up for you to make up bad decisions on which we know that it will really be that something that very common for traders. So it will really be that making up some adjustment.