Discipline keeps you grounded

[cytpoway121]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

[1715623882]

1715623882

[1715623882]

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[serjent05]

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

It isn't being disciplined that keeps you afloat in the cryptocurrency industry, it is one factor, yes, but the major one is knowledge.  Discipline without knowledge is nothing, it is like being leash without knowing what to do.  We must educate ourselves especially when we are new to cryptocurrency that way we can avoid scams and possible losses while venturing into the cryptocurrency sphere.

[casperBGD]

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

It isn't being disciplined that keeps you afloat in the cryptocurrency industry, it is one factor, yes, but the major one is knowledge.  Discipline without knowledge is nothing, it is like being leash without knowing what to do.  We must educate ourselves especially when we are new to cryptocurrency that way we can avoid scams and possible losses while venturing into the cryptocurrency sphere.

do agree on this one, discipline without knowledge is not much, you can be disciplined and invest in wrong crypto currencies, or you can be disciplined and lose everything due to scam, you have to do your work regarding education and safely store your crypto currencies, to be successful as a trader, otherwise you will lose some or everything due to scam/phishing/hack, or market will thought you that not every project is going up during bull market

[Zeehaxan]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

Active trading is not everyone's cup of tea so because most of the people in this market are having day jobs and doing this crypto stuff part time they do like to hold for longterm and i think holding for long also pays good if you are good to take some profit at high price.

[Lanatsa]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

Noobs would realize those mistakes when they get wrecked by the market and those points are actually valid that noobs do really make out money or profits in short term

but due to greed these fellas do really lose up in the end of the line and soon they do realize that market isn't really that something you can predict on spot.

Making money isn't easy if you do seem that you had made it earlier on easy way but when correction comes then those impressions would changed.

[blockman]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

It's harder for newbies to earn at bull runs. Their thinking is all about the pricing and that's something they should change because if buying at the low price can't be done by them, thinking that it's still a high price to enter, they won't do it.
And once there's the peak that they've seen, that will be the time for them to buy, and then the correction comes. I agree that it's still the discipline that matters most, bears or bulls, if you have it, you can keep it up with the patience that you apply for your decisions.

[Baofeng]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

I beg to disagree, how can a newbie make more money in a bull run? Trading? I thought they are beginner? so it doesn't make sense for them to win and make huge profit? joining bounties? I agree, maybe in 2017, but not today, projects already learn from the 2017 bull run and they are not giving bounty participants cheap rewards.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

If you start with the right mind set, then definitely it will help you in the long run. But newbies who have experienced the bull run in 2017 thought that it will go on for years and never thought that the bear market will take over. And since we are in a bull run again, maybe the cycle will repeat and forgot about the mental discipline.

[plr]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

Newbies will understand how things is working once they start losing and winning money in the market, experience is still and will always the best teacher, and no investors and traders did not lose money in the market, this is part of the game and this is how you manage you losses in gain in a highly volatile market.

[TimeTeller]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

I beg to disagree, how can a newbie make more money in a bull run? Trading? I thought they are beginner? so it doesn't make sense for them to win and make huge profit? joining bounties? I agree, maybe in 2017, but not today, projects already learn from the 2017 bull run and they are not giving bounty participants cheap rewards.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

If you start with the right mind set, then definitely it will help you in the long run. But newbies who have experienced the bull run in 2017 thought that it will go on for years and never thought that the bear market will take over. And since we are in a bull run again, maybe the cycle will repeat and forgot about the mental discipline.

The OP I believe has no basis of what he's saying here.
Maybe he knows someone with this situation but it doesn't mean, it is true for all.
Usually, newbies are the ones who are making terrible mistakes during bull run.
Whereas, long-term traders already know the tricks on how to maximize their profits during these times.
Being profitable in the market doesn't always need to be a disciplined individual but an individual who knows how to strategize in this market.

[Wulan_maniez]

Beginners and experienced are certainly very different in terms of their expertise in trading and investing. Of course beginners will suffer a lot of
losses and that is the case that many we find in the crypto industry. Although a beginner will also  make a profit,  but  there will  be more losses.
But for the  expert and  experienced  though, losses are  part of  the trade  and investment.  They  inconsistently profit from each of their trades.

[residivis]

of course, because discipline is the main thing in carrying out work on a project, besides that we also have to always learn on every project that we follow to increase our mindset to be further in the quality of our work.

[Rengga Jati]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader,

Are you sure about this? From what data did you get this?
Newbies are commonly only following the hype and FOMO, following other people to buy or sell certain coins in order to put their money and also take profits. They mostly do not know which coin is actually best for trading at this bull run, maybe most of them only focus on BTC and also ETH. But about their knowledge of how the price will increase or not, they may not understand enough.
Only certain small newbies that can gain high profits by their own knowledge because they are really serious learning. But, most will follow other suggestions and also predictions.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

What kind of rules?
Discipline may be really important. But it is not only about discipline, People will not know about how they should be disciplined if they do not know exactly what they are in now. First, it is about learning more and more even while trading the cryptocurrency or investing in this. Digging the information, doing our own research as possible, taking some people's opinions and analysis as considerations are also important.
In this case, I rather say that it is not only about being disciplined, but the readiness of yourself regarding the whole emotional management (patient, not panic, wise, disciplined, etc), risk management, funds management, and also, of course, knowledge for analysis

[maxreish]

I wonder how did you say that newbies tend to earn more profits than the experienced traders?

Maybe you mean that the discipline should apply to all to become profitable in trading. Like having a long patience and not being affected by fuds causing panic emotions, etc. But i believe newbies are willing to learn and mistakes are normal to become a good trader. We've all becamr newbie before and we know how is it hard to learn something that is complex to understand. But as time goes by, we tend to control our emotions, become more discipline like what you are trying to say and learn more tools that we needed to become a successful trader.

[0t3p0t]

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

It isn't being disciplined that keeps you afloat in the cryptocurrency industry, it is one factor, yes, but the major one is knowledge.  Discipline without knowledge is nothing, it is like being leash without knowing what to do.  We must educate ourselves especially when we are new to cryptocurrency that way we can avoid scams and possible losses while venturing into the cryptocurrency sphere.

I agree. Knowledge really is power most specially in crypto industry where it is the most important thing a trader, enthusiast and hodler must have and here came discipline to make them a better individual. If someone has that characteristic he/she could possibly be successful in the cryptocurrency world.

[Apostlekin$$$]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

They found themselves in huge profits and they have no guts to take their profits, it's greed not lack of discipline I believe, I've lost over 3500$ to altcoins when all the money was in bitcoin before, I was caught in FOMO mode and lost all the money, now I don't care about making thousands of dollars, I care more about taking profits because I get over my greediness

[bitcon]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

Excitement, fear and greed are the most dangerous traps for a trader. Under the influence of these emotions, a person cannot think rationally. Everyone is mistaken, many have lost money on cryptocurrency. But someone analyzed their loss and moved on. And some, trying to earn a lot, all lost.

[didzi]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

yeah, discipline is the main key if we want to be a successful investors
also we need a patience for waiting the right time to enter the market,
then we must use a good money managements to reduce the risk in our investments too my friend

[doctor877]

Newbies will not be too bittered because they came with high expectations of making huge profit which is why they usually lose it and their capital but old members will be sad for long when this happens to them. To make consistent profit in crypto you need to have a plan and follow it through. Cut your greed.

[xiboothrezi]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, ~

Is it true? is this just your assumption or do you really know the newbie who made a big profit?
if that's true, I'll call it luck.
Experienced traders know what to do, based on fundamental and technical data, so long or short they must be taken into account.
Meanwhile, newbie, I think this is not an easy area for them, often they just panic. making decisions without consideration, in a hurry, if they can make a profit it is a lot of luck.

[cryptofirm]

During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

the word "Discipline" was easy to said but really hard to do, because when our emotions unstable we usually break our rules my friend,
as i know a lot of people lose their money because they break their rules, so we need to practice the word "Discipline" before we trade with huge amount