Re: What's the Most Delusional Belief You Held When You First Started Trading?
That I could quit my job and become a professional day-trader within two years with a small amount of starting capital.
So funny seeing that someone actually had the same thoughts I had back then, at that time I was not working yet but was still running a program, I even said that if I can just perfect my trading skill and become so profitable like the big boys I saw on social media then, that I was not going to even look for a job to work for another person but would rather start my own company in a big way. Funny how it didn't go as planned because trading is not easy man.
You're a more delusional pleb than I am. Haha. But it's probably just normal if a person is still young. We can have dreams, but because our dream involves risking our own SAVINGS, then it's absolutely better for plebs like us to accept the fact that most of us should stop gambling with our savings at the earliest possible moment, AND start buying the DIP and HODL.
You are right mate, I remember I got countless advice from friends each time I post about trading on my social account, they always tell me to look for something else to do because trading will wreck me, I took the advice though, and like you said we can not gamble with our savings rather it's better to buy the dip and hold, I normally buy Bitcoin and hold too but am not risking so much in trading because I don't want to give up trying and I don't know when it will click big time.
The "look for something else" doesn't need to be something away from Bitcoin. It could be taking on a new strategy in how to grow our Bitcoin. Buy the DIP will be a slower path, BUT it's a more assured path. - You'll always know that your wallet will have an increasing amount in units of Bitcoin every year.
Plus you'll definitely outperform 90% of active cryptocurrency "traders".