A trader's heart

[NicoRosberg]

Thanks for sharing

[1714952780]

1714952780

[1714952780]

1714952780

[pragna]

Yes yes. A traders heart must be always strong because trading is like a gambling. When a gambler play a game he must have to cunning into play and be patience at the last moment of that game. As well as a trader must have to be like a gambler. Be technical and never loose your heart. Someone may misguide you but you have to strong with your own mentality. When BTC price fall from $1900 to $6500 many are selling their btc/tokens as it will abolish recently. But i think those who hold their btc or coins very recently they will be big gainer.

[Cling18]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

I agree with you. Trading is really full of challenges and as we go through a lot here, we learn something and from our learning experience, we would be able to do better on our next experiences in trading. Trading is risky but if we're really willing to face all the risk, we could gain better.

[Kemarit]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

There's a thin line between trading and gambling. In trading you really need to focus and should not let that simple slip, otherwise you will really suffer the consequences. So you need a lot of discipline and mental toughness and not to be too greedy, otherwise you will fall in the gambling mindset and the last thing you know, you have lost everything including your capital. I know its really hard to control our emotions here, but if you can't then I guess you should really go on gambling and try your luck there.

[Nahl]

yes when you're buying the particular coins then the risk almost equal to gambling risk even more than that but i can accept that risk because i do realize about that even though possibly i will lost my money however indeed i was have experience when sometimes forget about the discipline and it makes me lost my money but i would not give up because i consider those situations as my good experience to learn

[carlfebz2]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

There's a thin line between trading and gambling. In trading you really need to focus and should not let that simple slip, otherwise you will really suffer the consequences. So you need a lot of discipline and mental toughness and not to be too greedy, otherwise you will fall in the gambling mindset and the last thing you know, you have lost everything including your capital. I know its really hard to control our emotions here, but if you can't then I guess you should really go on gambling and try your luck there.

Even you wont slip you would still face consequences or loss of money which this thing is always been a normal part of trading.Sometimes our emotions will  really lead up on how we do trade up and our actions is already based up on what is our emotion do tell us this is why self control would be always crucial when it comes to trading when you are acting up on not focusing anymore then most likely you are doing already a gambling thing.

[Joyawan13]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

being a trader should really be able to learn to analyze and be able to know and understand the movement of coins in the market, controlling that emotion is very difficult to do by the traders, and it should be done, if we play the margin is almost like the same as we play gambling, but I will not enter the margin anymore because there I've had a bad experience, and I do not want to repeat it again.

[SoloMoney]

No, traders join the cryptocurrency trading as it is a new area of investment, where you can make good money, as well as support the technology in development.

[Reid]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

You are right! Trading is like a gambling.  This is because you will never know what will be the end of your trade but its worth all the risk once you start earning.  Lossing might destroy trader's heart but when you learn to deal with it, it will not gonna stop you to engage once again on it.  I start joining trading because when every crypto are red, the best way to earn is through trading.  Yes, it is risky but risk is part of the whole picture in trading.

I understand pretty well a lot of people considering trading as gambling, and no one is far from the truth anyway. Gambling in the literal term is predicting an outcome of something in the future and expecting it to go in your favor. That is simply a good definition of what trading sounds like.

The good thing with trading is you can make use of some tools to your favor and see how you can use that to get a good grasp of the market to your advantage and in that way, the gambling risk is limited and you get to hit the professional level in that case.

I agree with some parts of it.
But it is still way better with trading. Here you have a fallback. You can pull your tokens whenever you feel the market is going down unlike with gambling where you bet it you lose and there is no going back. What you bet is what you lose or win.
It is like there is a stopper with trading. There could be doubts or a change of mind and you can jump into other token if you want to.

[kl8847]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

I am far not the first month here, but I am still afraid to go to the action of trading because I consider myself as not enough educated about the processes which take place on this market.

[TheUltraElite]

No, traders join the cryptocurrency trading as it is a new area of investment, where you can make good money,

This is a known fact and everyone investing in crypto is in it for the money. Every is attracted to the huge returns bitcoin has shown over from time to time and people want to get a hold of such returns. What is new in that?

as well as support the technology in development.

Investors are least bothered about the techonology. Like I said, they are in it for cash and once they get their cut they will be out and wont come back to that same coin because they are going to invest in some new coin.

[lablab03]

do not forget also in the trade apart from always learning, discipline it is also very important that must have double capital, because the name of the trade there are times when prices soared down, there is a profit there is a loss it must be considered.

yes 'cause doing trading is high risk but there is high profit as well unless if you know how to handle it or to manage any risky situation. So you should be smart and be strong especially if there is scenario happen because it's a big help to control your emotions , and always bear in mind giving up is the common reason why traders always regrets after. So build new strategy instead and let your knowledge handle it to achieve your goals.

[InvestICO2L]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

Definetly this is a good thoughts of ideas in sharing ways in how to become a good traders in this cryptocurrency worlds,thats being a noob into this industry is first thing doing is to learn the technical analysis in the market,totally to telling the thruth im not much expert in terms of trading,thats why i appreciatte that i've learned something of what you shared in this forum group of community.

Yes learning is really the most important thing in the crypto feild. Specially during the time when we are going to trade we need to make sense of it. Learning can really help us gain a huge amount of profit and prevent some loss in the near future. I think we only need to have more patience regarding on its price for good.

Exactly, learning is one of the most important way to get benefit in trading and also other fields in crypto market. We learn to get an intimate knowledge which help us to solve many problem in many case. If you don’t learn foremost, you hardly analyze the market efficiently. I kind of agree with you that in trading “ the high risk, the high benefit”, although I’m not sure whether others totally agree with this opinion, I still keep this opinion, because as my experience, I see this point clearly. In short, how much fruits  we can reap from trading in crypto market will absolutely depend on your strategy, if you have a good knowledge, good skill and also experience, don’t afraid of big risk, let face with it and you will gain a big.

[Joyawan13]

do not forget also in the trade apart from always learning, discipline it is also very important that must have double capital, because the name of the trade there are times when prices soared down, there is a profit there is a loss it must be considered.

yes 'cause doing trading is high risk but there is high profit as well unless if you know how to handle it or to manage any risky situation. So you should be smart and be strong especially if there is scenario happen because it's a big help to control your emotions , and always bear in mind giving up is the common reason why traders always regrets after. So build new strategy instead and let your knowledge handle it to achieve your goals.

all who want to trade crypto must be mentally prepared and ready to accept any risk that will be obtained, there is no merchant who never lost, and it should not be an excuse for you to give up, make it a lesson that you will never do for the second time, failure is the beginning of success for a trader, if we will continue to learn to overcome all that.

[rickadone]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

There's a thin line between trading and gambling. In trading you really need to focus and should not let that simple slip, otherwise you will really suffer the consequences. So you need a lot of discipline and mental toughness and not to be too greedy, otherwise you will fall in the gambling mindset and the last thing you know, you have lost everything including your capital. I know its really hard to control our emotions here, but if you can't then I guess you should really go on gambling and try your luck there.

A very thin line I must say! The thing is that trading in itself is predicting an outcome and expecting the outcome to be in your favor which is actually where the meaning of gambling comes in. However, the good thing here is that we can use some information through different form of analysis to predict these outcomes and hopefully we get to experience a positive one but not without still having a strategy to stop loss in case things go wrong.

All these makes it different from real gambling but makes it a profession but anyone without such knowledge to trade effectively is indeed a gambler when it comes to trading.

[gentlemand]

This is what a trader's heart should look like.



Having one of those crappy organic ones will wind up biting you on the botty eventually when you freak out.

[richardsNY]

all who want to trade crypto must be mentally prepared and ready to accept any risk that will be obtained, there is no merchant who never lost, and it should not be an excuse for you to give up, make it a lesson that you will never do for the second time, failure is the beginning of success for a trader, if we will continue to learn to overcome all that.

There is not much to learn when it comes to crypto markets, which explains why even the best traders burn themselves occasionally here. The more active retailers become, the less grip you have on this market, and we have seen it once again during the rally last year and the correction this year. Last year everyone was confident in calling the top, and every time they were proven wrong. In the same way people calling bottoms are proven wrong time on time again. The thing with people is that they are constantly trying to act all smart about this or that pump or dump, but it's always after the event took place, and never before.

[Rahar02]

Last year everyone was confident in calling the top, and every time they were proven wrong. In the same way people calling bottoms are proven wrong time on time again. The thing with people is that they are constantly trying to act all smart about this or that pump or dump, but it's always after the event took place, and never before.

One thing I've learned about crypto- especially bitcoin, even though it's a big market and millions of people involved, there are some people who have the power to drive the market by co-operating with other traders, some whales buy and sell bitcoin at one point to get profit which occasionally can influence people to panic buy or panic sell that cause snowball effect, then media and people who claim themselves expert in crypto will speculate and give the reason why this is happening, yes after the event took place. as for others who have stated bitcoin will reach $50K-$60K, they just waiting for it to happen and say; I have said so because the potential of bitcoin.

[kipo]

I think crypto provides us with a chance to get money and at the same time to be a gambler, take risks, get adrenaline. as for me, it is like this. I don't know how about you but for the most people it is like this I think

[iagyei259]

After mastering all this  a good trader will control his motions because not all your analysis will be right and most times your guesses might be wrong; that may be the stage your emotions will bail you out.