Every person is different and every person should choose your own path to success. No one can get success to follow any person blindly. Either a person is student of University or he is a businessman or he is Employee,he should make a daily plan and should stick to his plan. Your plan will give you success in future because when small small steps will join ,then we will get a huge success in life. Every person who got success,he or she was a consistent. Without consistency , success is not possible. Always follow your teacher but don't follow blindly and do your own research.
It is true that everyone has a different path to success and it is very unlikely that other people can copy other people's paths to success and if you choose to follow other people as an entrepreneur or employee, of course what you will achieve will certainly be different from the results of other people's achievements and indeed It would be better to have our own plan that we can carry out to achieve what we want and as you said we must be able to carry out the plan that we have made consistently. |
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I would say don’t all-in since Bitcoin still contain high risk due to its volatility considering that we are talking about retirement money which you will badly need in the future. You can’t afford to hold longer if you are already retired while the price of Bitcoin that time is lower than your average buy. There’s a lot of time which Bitcoin plunge huge percentage of the price that makes it still a high risk.
I think splitting your retirement plan to stock market, cash in the bank and Bitcoin will be a good idea since you can hedge the risk if one the 3 market crash.
I agree with you, of course it would be better if we didn't put all the assets we have in Bitcoin and in terms of price, of course no one can guarantee that the price of Bitcoin will continue to increase, as you said, it is very true because of its high volatility, of course this would be very risky if We want to maintain all the assets we have for retirement and if the price of Bitcoin does not match what we want, of course this will be very disappointing when our retirement age arrives. Choosing to divide the assets we have into several areas for future investment is certainly a good choice considering that of the many types of investment, of course we have to have them so that we can enjoy the benefits of what we invest. |
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Yes, I thought that too. Trading is just a way to make money, but not something that can be categorized as a job. However, we can see it as a job, when the person has actually made money from it. However, some people actually get losses, and I think, it's not a job if it results in losses. However, I think quite a lot of people are proud when they are used to making money from trading and think that it is their job.
If we want to make money from trading, of course we must first have expertise in trading and must also have experience in the field of trading because without having skills and experience, of course there is very little chance of making a profit and I view trading as just a side job and if so If you want to make trading a source of income, of course we have to really follow market movements and news about the assets we are trading, but I think this is very difficult and it would be better if we made it an additional source of income and must still have a main source of income for can meet our needs. |
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True. Trading is not something that will guarantee consistency in profits, but definitely it has its own inevitable losses as well, even if you are a legend in trading. I supposed one already knows about this prior to trading, otherwise he will definitely find it difficult to accept those losses he encounter while trading.
This only proves that if you are in the state of losing, quitting is never the option but a motivation to improve more your trading abilities and skills. No one gets shortcuts to successful trading, one should always know how to win those small battles of losing first so he will be more ready to face the big challenges in trading.
To make consistent profits from trading is certainly not an easy thing and I have also seen someone like the one you are telling me about and in my opinion they have been very good at trading but they have also experienced failure in the trading they do, but they never thought about leaving. trading because they already know well what they have to do and if they want to return to trading they will of course be more careful and will not repeat the mistakes they have made and you are right it is not possible for someone to learn trading easily of course they have to go through various processes to become a successful trader. |
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Yes, a lot of people doubted it, and still keep thinking that they are not going to make money. How many times does bitcoin need to prove to the world that it is a great way of making money? Did we not learn from our past mistakes enough? It should be noted that bitcoin WILL go up again, and by a lot, like more than double, and people who worry that they are going to miss, should get in right now and make some money when it gets there.
And people who think it won't, could stay out and not really invest at all, so they can watch us grow richer while they regret about it. I respect people who hold during come rain and snow, because those people face all the harsh bear periods, and eventually reach the sunny profitable periods.
If people think they won't be able to make money by holding Bitcoin, of course they don't understand investment well and they haven't learned about Bitcoin and I think it would be better for them to learn so that they don't just guess at things they don't yet understand. well and for some people who have a good understanding of investing in Bitcoin, of course they will take advantage of this opportunity to collect Bitcoin so that they can make a profit from holding Bitcoin, but if they don't want to learn about Bitcoin, of course it is difficult for them to believe that Bitcoin will be very good to use for future investment, of course this will be very profitable. |
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Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment
Collecting Bitcoin and holding it for a long period of time will of course provide benefits for us after holding Bitcoin assets, but in the process of collecting Bitcoin, of course many things will be a challenge for us both in terms of capital and our patience when market corrections occur, so it is important for us to we understand well so as not to be affected by the price correction that occurs and we must stick to the investment plan that we have made and if we have made a profit, I think it is natural for us to take advantage and enjoy what we have invested. |
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Just like any other financial asset, there is no guarantee that bitcoin will always be on an uptrend. Although I am sure that bitcoin will continue to grow and its value will always increase, bitcoin is still an asset that has high market fluctuations. Many factors can affect the price of bitcoin, although it has long-term strength but its stability also needs to be considered. There are times when bitcoin goes up and there are times when bitcoin goes down, so you have to be more careful in using it.
You are right, Bitcoin is the same as other assets in that there will always be price corrections that occur and we have to really understand it well so that when we decide to invest because without understanding it well, when a price correction occurs it will certainly cause panic, but if we If we have understood it well then we will not sell at a loss when the price of Bitcoin decreases, in investing of course we have to be careful in what we do and never invest with borrowed money because no one can guarantee that the price of Bitcoin will always be in a trend go on. |
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If we follow the daily lives of those who are already successful, maybe our insight will open up, because from the way they wake up in the morning when people are still sleeping to taking the time to pray and not forgetting to exercise before going to the office, it feels hard, but it turns out that if you get used to it then you no longer look heavy, and your body can be fit so that it has an impact on maximum work results
Deciding to follow the habits of other people who have achieved success is certainly a very good thing to do and this is not easy to do, of course it requires a strong desire and consistency in doing it to get satisfactory results. If you work in an office, of course you have to be very disciplined in managing your time. and it is also very important for you to wake up early so you can get to your office on time, because if you don't wake up early of course when you go to the office you will be late and also this will be a big problem if you can't change this habit, but for Those who work are not bound, of course they can build according to their wishes and most importantly they can carry out their work according to their responsibilities. |
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If you choose to shop online, of course you have to be very careful in choosing a place to shop and it would be better if you looked at the history of the shop first, whether it has good credentials or not, of course we don't want the goods we buy to be inappropriate. with what we have ordered.
Of course, there are many providers that provide online purchasing services and there are thousands of online shops. If I pay attention to the first rating and I take the one that has good reviews from other users, if in 5 days it is still in the top 5 on that platform, then I will make a PO order if I want to shop online at that time. So, the risk of fraud after we send the money is very small and the goods arrive safely. Currently, there are a lot of online purchasing services available, so we have to be more careful in choosing a shop to shop for the goods we need and don't let the goods we buy don't match what we ordered and are true to what you said. You must first look at the history of the shop, see reviews from previous buyers, whether they can provide proof that they are satisfied with the orders purchased at the shop. If we don't look at the history of the shop first, it is very likely that the ordered goods will be disappointing and this will really harm us because we have shopped at that shop. |
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Easy money that came is easier to spend because you didn't worked hard with that. We don't know on his case but maybe he'll give importance to that money.
It's best to hear him out and how's doing nowadays.
So, that's why he needs a real advisor on his case, it might be whoever that knows the cycle of the company or someone who's really great with money.
Those who get money easily will of course find it very difficult to manage it well so for them of course they really need a financial advisor to be able to help them manage their finances well so they don't spend it on things they don't need because if they don't use a financial advisor with their money what they have, of course this will be very unfortunate because it is very difficult for some people to manage their money well and for those who have experience in managing their finances well, it will certainly be easier for them to manage their finances. |
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I really understand how old people's thoughts often don't match what we live in in this era of technological progress. And this is quite natural because the world is different and the technological capabilities of each parent are quite difficult.
But what I don't understand is why they have to call the police, which usually just creates difficulties for their children. Didn't they think to listen to the explanation first and believe that their child was doing something good even though they didn't understand everything? Like my parents too. Q
If they can explain well what they are doing, of course things like that will never happen and it would be better when we do a job that can earn us a large income. It would be better if we first explain to the people closest to us about what we are doing and don't let it happen. they think that what we did violated the applicable law. Reporting to the police about actions carried out by their children is certainly difficult for their children and this could cause their children to have mental stress and I agree with you that it would be better for them to listen to their children's explanations first, because they are investing in their past and this time is very different. |
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Just as important as investing in bitcoin one should have a fair understanding of bitcoin and be careful. All parents like to make sound decisions about what to do when the market goes bad, investments fail business goes bad. That's why you have to know about the risks first and make sure and then take the right decision. Don't give money unless parents and cousins are sure to give money.
Of course, it is very important for someone to first understand the investment they are going to carry out, because without a good understanding of investment it is of course difficult to be able to do the right thing with that investment and all we get is a loss on the investment we make, but by studying first regarding investment, of course this will give us knowledge about investment which will enable us to make appropriate decisions so that we can generate profits from the investments we make. Introducing investment to our family, of course this is not an easy thing, especially as parents who are used to investing in real assets, of course we have to really explain it in detail and also have to guide them if they really want to invest, but we must not force them. in investing so that it does not become a problem in relationships with family members. |
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Simply put, anyone who already has a job that can provide a stable income in their life should not leave that job when they can trade using any method at this time. Because of this stable income, everyone can develop other jobs with various models, including trying trading after studying it for some time so that they can have the courage to continue trying with just the capital they have or with the capital obtained through a stable income. That is why existing income from any main job should not be thrown away because everyone can set aside some of it for trading capital.
Having a steady income will certainly make it easier for us to develop whatever business we want and I really agree with you, it would be better for us not to leave a job that can give us a steady income because what we get from trading cannot be guaranteed to continue to be profitable. and occasionally we may make mistakes that cause us to lose on the trades we make and with this steady income, of course this will really help us in meeting our needs when we fail in the trades we make. |
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If you have good skills in analyzing the market and price movements, then you can take advantage of market volatility to gain high profits from trading. I agree that traders can also make a lot of money and become rich, but they are people who have also experienced the bitterness of loss.
Apart from knowledge and experience, traders also need capital and mentality. Large capital and a good mentality can make a trader consider greater risks compared to those with limited capital, maybe this is why some traders can get more profits than other people who are more familiar with the crypto market than them.
You are right, those who have been able to make a profit from the trades they made, of course when they first tried, they certainly experienced failure, but they don't give up easily and can correct the mistakes they made so that they can achieve profits on the trades they make. By having large capital and being mentally prepared, they will be able to choose the level of risk they face and of course they will have a very good understanding of the decisions they make to be able to get good results, but for those who have limited capital they will of course be very careful -be careful when trading and it is difficult for them to take bigger risks because the capital they have is very small. |
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Trading is a complicated subject which is not able to bring profit to everyone. Just as there is a history of gains in trading there is also a history of losses. Successful application of knowledge skills and statistics and successful application of control is a prerequisite for success eliminating all types of mental instability. See everything in life is difficult if it is associated with unattainability. But there must be a plan in trading and it must be in a controlled way because if there is no control in the profit plan it will make us lose.
It's true that not everyone will be able to make a profit from the trades they make, but if they can do it well, of course they will be able to make a profit on the trades they make and what you say is very correct, you need skills in trading to be able to make a profit from the trades you make because without skills and experience it is certainly difficult for someone to be able to make decisions that benefit them in trading so they continue to experience losses if they trade without good skills and knowledge, yes of course we have to focus on the planning we have made and after achieving the target what we have determined is that it would be better to take the profits we have obtained so as not to become greedy which makes us lose the profits we have obtained. |
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You can sell anything and make money out of it even if it's just an idea and am sure lot of people made money in that way but Bitcoin is just money so you need to be precise with what you are going to do with Bitcoin to raise funds. If you simply say give your money which I can invest and give portion from the returns isn't a real idea, it has to be something unique to convince someone to trust their money can be invested.
Choosing to sell anything to make money can of course be done by anyone, but they must first understand well what they are selling and by choosing to invest in Bitcoin, of course we will be able to make a profit if we can collect and hold it for a period of time. old thing, I think it would be very risky if we advised other people to invest in Bitcoin and it would be better to first explain it to them in detail so they can understand well so as not to make mistakes that cause them to suffer losses on the investment they make, because if we continuing to invite them to invest and they experience losses of course this will make them blame us for inviting them to invest and it would be better for us not to advise anyone to invest if they cannot explain investment well. |
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I wish to remind you that complaining would depend on the country. In top countries, the tax is duly used that it makes sense to pay it as required. If you’re in a country where the tax isn’t used properly maybe due to bad politicians in power then I understand your why. I think the reason why tax isn’t asked from people with lower earning is because it’s not so much to get from them, and yet they’d keep struggling. As we can tell, wealthy people have more and the tax isn’t a lot for them to pay.
Complaining will worsen the situation we are experiencing both now and in the future, paying taxes is an obligation for everyone but if the government cannot manage it well then everyone will choose to avoid paying it due to various reasons they have, I think those who have there is a lot of wealth and the taxes they have to pay are not large, of course they have done things that are contrary to the law and I am very sure they will falsify their tax documents and it is impossible for some people who have a lot of wealth but have a small amount of tax to pay. |
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I agree with you that trading works hand in hand with patience,meaning for you to be successful in trading, especially in holding,you must be a patient type of you must learn to have patience, because it is only when you have patience that you will able to deal with the wait in holding.
Trading makes makes you get rich quick if you possess the trategies involved in it,and if you are winning regularly or consistently,the chances you have in making it in life is high.
Those who trade by being able to control their emotions will of course be able to analyze the market well and this will be able to make decisions that benefit us in trading and if you choose to hold in the long term of course this will really require patience and also good insight into the assets we hold, I don't fully agree with what you said by trading to get rich quickly, of course it takes a long process to be able to master trading well and not to mention the failures we experience, but for those who If they can trade well then there is a possibility that they will be successful in trading and this is not an easy thing for everyone to do. |
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Of course nothing can be achieved without going through a process and the best thing is to go through a process, of course we have to be patient and continue to learn to be better than before because without continuing to update the knowledge we have about what we are doing, of course this is absolutely impossible. can achieve the goals we want.
As a beginner in trading, of course they have to study this well before trading and they also have to be patient in every process they have to do and don't give up easily when going through the process, because everyone who is just starting out has certainly experienced failure and of course they have to improve. This is to be able to get what they want from the things they do.
and it is this process that sometimes makes many beginners frustrated in learning to trade. more beginners are impatient with the process looking for a quick solution to make trading more comfortable. they can follow trading signals either free or paid. there are many groups that share trading signals. although it is not recommended to do so, but I am sure many beginners end up going through a process like that. Those who are beginners choose to use a signaling service for the trading they do, of course this will be very unprofitable for them, it could be that the service they choose will not be able to give them a profit on the trading they do, of course this will be very detrimental to them and will indeed be more Well, we can, we have to learn about trading first and not directly use the signaling service, because with knowledge about trading and we use the signaling service as a comparison with the knowledge we have and I think this will be better because we don't completely trust it. the signaling service. |
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We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.
Yes, mistakes or failures are normal in trading, this can be a benchmark or introspection for us to change and take lessons from there and continue to hone our skills from these failures. Indeed, every disciplinary action is part of achieving success in any matter. It is impossible for someone who has negative results from trading to survive there for long. It would be better if they had negative results over a long period of time there. It would be better for them to choose another method or option in determining their investment. The spot method is much better than trading. It is true that this is normal for a trader, but they must be able to make this a bad experience where they must learn from the mistakes they made and correct them so as not to repeat them in the future. Those who have enjoyed big profits in trading of course they have Having good skills and experience in trading will certainly be able to survive in trading, because if they continue to fail, of course there is something wrong with what they are doing and it would be better to try a different method as you have mentioned. |
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