Bitcoin Forum
June 22, 2024, 07:38:14 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: not paying? You should unlearn then relearn  (Read 502 times)
Zilon (OP)
Sr. Member
****
Offline Offline

Activity: 966
Merit: 421

Bitcoindata.science


View Profile WWW
August 13, 2021, 06:19:24 AM
 #61

"Unlearn and relearn" seems pretty simple/easy to say, but in reality its actually difficult to start learning what you have already learnt in the past, during green days you don't actually have to know much about trading to make profit, cause literally every coin on the market is pumping by then, so you just have to buy and take profit when the coins pumps, during the bearish season that's when you will see the real traders who still earn from trading, but sorry to ask how can someone unlearn what he/she has already learnt? There's nothing to relearn except he/she didn't pay attention and learn it well the first time.
It's really not easy to unlearn a process one has held on to for long but with the hunger to make profit and strong determination for a clean trade it can be achieved. Trading is strictly for diciplined persons diciplined in the sense that some knowledge that gave profit in the past might be due to consistent bullish trend and once the trade starts retracement and correction you find out it was just a lucky adventure the trader engaged into. Learning is constant for traders
Lakai01
Legendary
*
Offline Offline

Activity: 2338
Merit: 2832


Top Crypto Casino


View Profile
August 13, 2021, 06:32:38 AM
 #62

-snip-
during green days you don't actually have to know much about trading to make profit, cause literally every coin on the market is pumping by then, so you just have to buy and take profit when the coins pumps
-snip-
Exactly. A friend of mine sent me the following picture at some point in time during the 2017/2018 bull run:


Source

This fits perfectly well in my opinion, foremost the last picture. We shouldn't read too much into our "skill" when we take profits during a bull run. In fact, it's like you say: you make huge profits with almost every (shit) coin.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
CASINO
.
SPORTS
.
RACING
EVENT DETAILS
EURO 2024
Questat
Hero Member
*****
Offline Offline

Activity: 2870
Merit: 604



View Profile
August 13, 2021, 03:39:40 PM
 #63

"Unlearn and relearn" seems pretty simple/easy to say, but in reality its actually difficult to start learning what you have already learnt in the past, during green days you don't actually have to know much about trading to make profit, cause literally every coin on the market is pumping by then, so you just have to buy and take profit when the coins pumps, during the bearish season that's when you will see the real traders who still earn from trading, but sorry to ask how can someone unlearn what he/she has already learnt? There's nothing to relearn except he/she didn't pay attention and learn it well the first time.
It is somehow was hard if we don't mind losing but as we know that this will help us to achieve what we dream about, we have to push ourselves into it. Something it needs some sort of dedication to make it possible.

Learning could not be instant, it was a step-by-step process, and the more we spend on it, the easier it is to find solutions to our existing problems. But if we are in the rush, the more creates problems and uncertainty. We simply don't want these things to happen to us and so we need to correct this before it becomes worse.

wxa7115
Hero Member
*****
Offline Offline

Activity: 2758
Merit: 716


View Profile
August 24, 2021, 05:45:59 PM
 #64

People want a constant profit when trading and then they feel euphoric, once the loss begins, then panic turns on like the comedown after the euphoria. Also, it's not that easy to unlearn what you have already learned, it's like, you know, the first impression is the last impression, so, if you learn bad at first, then it becomes very hard to fix that and "unlearn". I think you have to catch that moment when instead of learn, you understand by logical thinking and if you find something wrong, then it becomes easy to unlearn the past thing and comfortably move on a new one.
You touch an interesting topic, once a person learns something and that something they learned is wrong it is going to be very difficult for them to get rid of that knowledge, this is why it is so important that we watch very carefully what are we learning.

Many people learn how to trade or invest from YouTube videos that do not really want to teach you how to trade but instead want to get clicks and sell you something, so many newbie traders do not learn good habits when they trade and once they realize what they need it is too late and they have lost most of their capital already.
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!