Reverse psychology happens every time in the market which can be link to poor fundamental and technical analysis. Most individuals do not always pay much attention to the fundamental aspect of the market which is why they tend to fall into this same psychology of thinking that the market is always paying attention to their market executions.

One has to focus on both the Technical and Fundamental analysis because poor knowledge in one may lead to inaccurate analysis whereby, making it look like the market tends to work against our trades.

A very good psychology coupled with risk management would be a perequisite for a good trader cause this being one of the  characteristics of successful traders who had really acquired much from the market.

From what you have written, i believe your problem is not just having a companion but working on your psychology. Your problem now is fear of executing a trade due to your past experience which had really affect your trading faculty.

 I had a friend that was once like you. He was having this same phobia of getting into a trade due to his previous loses.This affected him a lot even when he knows that a particular trade would change trend, he would still not take the trade and later blame himself for his weakness.

I would advise you to go and read the book written by Mark Douglas which is tittled THE DISCIPLINE TRADER. I believe this would help you a lot in working on your metal/trading psychology. What you need now is something that would change and renew your trading perspectives. You can also join a mentorship program that would also help to reshape your trading arsenal.

Like we all know that everybody has equal tendency to win or lose a trade which often depend on some certain knowledge on how the market works. For an individual to be more successful in trading, he/she needs to know how much risk should be taken for a particular trade(Risk management), capital sizing(leveraging), and having adequate knowledge on the fundamentals and technical aspects of trading.

When it come to trading, a lots of newbies including some traders who have vast knowledge on how the market movement works wouldn't put much consideration to risk management which have been a continuous detriment to our trading lifestyle. Just imagine someone with an $100 account trying to make 70% of the account size in a single trade...is this not greed?
Most time i just don't blame some traders because they don't always consider opposite side incase something goes wrong, what would happen to their capital which always entails Risk management.

Capital sizing is another important aspect of trading. Knowing how to position your trades while putting your risk to reward ratio into consideration. I believe the guy in question could not put  his capital into consideration when trading because this might have prevented him from over leveraging which led to lose of his life saving fund.

Fundamental and technical analysis is another important aspects of trading. One has to be equipped with the necessary tools, news that are vital for different style of trading. In respective of how certain a particular trade could be, i believe one has to be extra ordinary careful when placing a trade. There is nothing like sure trade so the appropriate precautions should be take in order to prevent later regret of one's decision. Capital reservation is much better than loses due to carelessness or greed.

Actually when we said that we are into cryptocurrency bear market currently, I don't think is untrue, because Market of all the crypto is going downtrend and about 30% or 20% of cryptocurrency decrease in value within interval or period of time, which can be evaluates within the specific of 7days or 10days decrement in market values, so for we to understand a bear market currently is very simple, because the occurrence of downfall of Market took unaware and it will rise unexpectedly, and thinking about it wisely, bear market does not affect only cryptocurrency, it can affects commodities and real States business, so it's something that happens generally, and anytime it can occurs in any sector of business life.

Come to recent investment in future, nothing can be use to compare to cryptocurrency currently irrespective that oil have values right from origin it does not make more profit than cryptocurrency in terms of investment, so evaluating them physically, oil can be manipulated in terms of people that controls it, while cryptocurrency especially Bitcoin can not be manipulated, using this illustration to assess the preferable one, Bitcoin is something you can secure and monitor by yourself without seeking for second party, while in oil investment it's someone who will manage for you and give you return, so in another form it can equally call a share or shareholder via oil investment.

Some countries are not into economy crisis and some are not into economy crisis, so from this scenario we have to know that development or betterment of a country economy depends on their management which can likely caused through their political leaders.

While countries suffer for higher demands of beverages and other materials use for industrial purposes and food consumptions, is because of lack of management and poor diversification of country economy, some countries focus on one source of revenue, so if the source happens to crash, it's obvious that the country will engage into economy crisis which will absolutely bring shortages of income.

So our upliftment in the country replies on the government heads who are piloting the affairs of the country, from my observation it's quit understood that what causes a lot of controversial issues that lead some countries into massive problem is embezzlement of funds and poor source of generating revenue.

Really you are partially right, because while this information are circulating around, it's because the attention of people is there for the tweet of Elon, but his tweet can't be easily be forgotten because Elon has makes the image very clear to the people and also been recognised to different kinds of individuals across the nations.

And actually many people have started believing the fact that Elon is now one of the people who is likely to determine the increase or growths of cryptocurrency via base on his level of antagonising numerous sets of coins and pay attention on his choice of coin, which i believe that everything will normalize within short time, and from my concept in cryptocurrency, no one causes the increment of cryptocurrency, and if really it happens, someone should stand for correction with a positive fact or clarification.

Everything concerning Elon musk am tired, because i don't really know his objectives into cryptocurrency, if actually his ambitions is to focus or channel cryptocurrency into the Rich's, everyone is reacting consciously towards his aim into one coin, which is doge coin, so what is really important into doge that's not in any other coins that made him to carry much promotion and advertise via doge, actually if he wants to stabilize other coin or castigate the importance of any other cryptocurrency, he should make it to be known to the society and also portray positively while Doge is much valid than any other cryptocurrency.

Really his tweets is having existing effect in all the coins, but the problem is that it will not last for a long time, from what am observing right now i can see that Elon musk is trying to concentrate with a particular cryptocurrency and bring others down, so from the look of things even though Elon keep on emphasising on the down fall of Bitcoin i don't really think it will be possible for long period.

See it's obvious and very known to people that irrespective the amount of pumping of dogecoin no time doge coin will be use to relate or compare to Bitcoin, ok, let assuming that Bitcoin does not have values today, can alternative coin's survive or accelerate in all ramifications increment without the existence of Bitcoin, from other perspective Bitcoin is like the alpha and omage of all cryptocurrencies.
 

My gratitude goes to best change for accepting me and also allow me to work under his watch, I'm very excited to be part of the participants in best change signature campaign, and i will ensure to work according to the existing procedures of best change.

Please i use this medium to plead for change of Btc address:

3QRWbUjnhPccWgeb1ako5XBEcnK7Ui58nq


Thanks best change and already existing participants.

Day to day cryptocurrency trading is a consistent way of making money, and it requires you of constant reading, studying, analysing before entering a trade, it is mandatory to submit yourself positively in trading and that's what others fail to do, it's of truth that your friend is good in trading, do you think you can also be good at it? It might not work for you, so if you can exhibit the characters I stated above, then you will be successful in trading crypto assets.

It is not consistent when you are performing long term trading whereas the opposite requires consistency, that's short term I mean, right? I may ask, what are your plans, do you want to be a short or long term trader,? choose the best you can be and don't forget to use funds you can afford to loose as this is the primary rule of safety trading.

It is with great affection to Roobet signature campaign that I write to inform us that I have dropped Roobet signature campaign for Best Change signature campaign. I wholeheartedly thank every member of Roobet, especially our esteem campaign manager @Hhampuz Your support and the team work of Roobet,is second to none. That is why i carried out my duties without reservations. I pray higher you all, as you also support me in my new campaign to achieve a greater hight,Thank you all.

Thanks my manager in roobet,
@Hhampuz

You are making sense because when i saw the write-up too i taught that the objective or aims is to hire someone that will be of help to manage company such as bounty or normal signature campaign, so it's good to analyze points of view in order, op can't pick offence to you because you're giving op the actual directive measure for better development, even with this impression that enable me to understand exactly what op text is all about.

This account does not looks like account built-up from the owner, their is no much argument or much things to emphasize on, it's very clear that op, buy the account from somebody because looking at the account profile, it was created since the year 2016 and the last interaction in the community is 2018, which the account recently start functioning again on the 19/05/ 2021, this happen after two years interval, it's unbelievable that this account belongs to the rightful owner.

I know vividly that their was once i come across of purchasing of an account is allowed to the community but shouldn't have claims that this account is yours while the evidence is very clear, it's not good to start up with different kinds of force information or lies, it will tarnish someone reputation, is likely to happen to op just now, just accept your wrong acts, it's quite understandable.

If actually what you said is true, that means the bounty campaign manager who is in charge of such particular campaign have a bad reputation, this complain by this user have to follow with precaution, because it's very bad to hire participants for a work and after working you embezzle their funds it's absolutely unacceptable, i also think that forum forbid such altitude, because an seeing this as indirect scamming, which is bad.

From the aspect of op, if i may ask, for how long this work has be done, and if this report is made because of the token has been announced to list in any blockchain as per say by op, and they has been accomplish or done over a year or two years now, that means this report have to be invalid, this is my personal opinion.

I think a process whereby the user don't have a somebody in lines with bitcointalk and again the password and is unknown to people surrounding the deceased account, that means the account will remain secured till infinity, but i was thinking in my perspective that it would be better for the moderators of forum to watch over an account that has no be active for interval of a year and six months and list them as a ghost account and report them to theymos for removal from bitcointalk data base, because people have died here and many are tired of using their account, i think those correlated accounts have to wiped.

It's obvious that newbies are entitled to be corrected in average of their lapses, because if everyone that by this method to discuss or talk negativity about newbies who try to make a point with the level of he or her understanding about cryptocurrency, i think no beginners will come up again, i think what they really need here is encouragement or direction in order to make unknown to known to them, please let us point our word's in the format of advice for newbies because what we need here is the development of bitcointalk.
Mate do not take this as a correction but its my point of view via your response.

@Charles-Tim has said it all, but in actual sense newbie have others numerous things to be aware of in terms of forum which i might narrates as the following.

* Following the rules and regulations of the noble community,
* Observing the methodology of community before further communication,
* Reading and understanding post before commenting,
* Investigate very well before investing to any platforms,
* Acceptance of mistakes corrected by forum mate
* Not rush into conversations,
* How to make a proper quote.

I refute everything portray here, see it's obvious that the concept of introducing a digital currency is for security purposes and self control of finance without involving someone, and another objectives of cryptocurrency in society for appropriate investment without occurrence of harm, so from people perspective via cryptocurrency is that crypto eradicate poverty am create a pathways of richness.

Even though you're in crypto industry provided that your not conscious about things of crypto and self planned concerning crypto automatically your objectives via richness will not be activated or come in reality.

Karma is another forms of Merit Reddit use to qualify or reward a user who make a good composition of write-up or communication, so this is also related to Facebook likes, which Facebook user's use like to appreciate someone images or postures in picture, and also a text of someone.

So their is total difference between merit of bitcointalk, karma of Reddit and finally Facebook likes. Now looking at merit merit is importants because it determine the rank up of a user,
in bitcointalk community, whilee karma in Reddit is a criteria to  build trust and confidence to member, so looking at Facebook likes, it doesn't have any important or any relevant impact to a user, except it's followers.