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Author Topic: Don't be too desperate to make earning  (Read 1395 times)
blockman
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September 06, 2021, 09:20:32 AM
 #141

Being desperate cannot help us earn. In fact it can make us loss because we cannot make a proper plan because of the desperation that we fell.
It will help every individual that struggles. Being desperate gives us the encouragement that we should do better but with trading, this is a hard thing to apply. There's no shortcut to becoming a successful trader and that's why we have to learn from that desperation as it fuels you and motivates you to do better when you're in a bad situation and want to make it better and get out of it.

The only thing that we need to do specially when we are desperate or when we arein loss is to keep calm and have some rest for good there is always another day to start again.
It includes being calm and that's what those desperate people has to remember. Just because they're in a bad situation, they have to remain calm so that they can trade properly and think wisely.

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September 06, 2021, 09:43:24 AM
 #142

Really good advice for the newbie because this is what some scammers look for when they want a victim, they want them to be a desperate gullible that will do their bidding. If they don't see those qualities in you, there's a likely chance that they're going to stop and find another possible victim. Of course it's not enough that you don't despair since you could still get scammed. Don't be dumb too and do your research on your investments.

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September 06, 2021, 10:44:47 PM
 #143

it's true that don't give up easily in the world of crypto. not every day we can make a profit, there will be times when we can get a loss too, that's what is called a game and we must be able to play it well. it needs caution an also patient in it. nothing is impossible here, we just need to be more patient in dealing with the sometimes ups and downs of the crypto market, which makes many people panic and can end up getting big losses. keep calm and do the best that we can.

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September 06, 2021, 10:56:38 PM
 #144

Really good advice for the newbie because this is what some scammers look for when they want a victim, they want them to be a desperate gullible that will do their bidding. If they don't see those qualities in you, there's a likely chance that they're going to stop and find another possible victim. Of course it's not enough that you don't despair since you could still get scammed. Don't be dumb too and do your research on your investments.
Yeah, those who are too greedy for money will have a bigger chance to become a victim of scams. Either we are a newbie or not, we should have not to think like this and have to control our emotions because this might lead to the worse end. Perhaps, there is no instant rich nor to earn money quickly, we can just earn it if we work hard and that also it takes time.
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September 06, 2021, 10:58:03 PM
 #145

it's true that don't give up easily in the world of crypto. not every day we can make a profit, there will be times when we can get a loss too, that's what is called a game and we must be able to play it well. it needs caution an also patient in it. nothing is impossible here, we just need to be more patient in dealing with the sometimes ups and downs of the crypto market, which makes many people panic and can end up getting big losses. keep calm and do the best that we can.
i think it is not a game , in investment loss and profits was be common thing and it generally happen to all traders or investors. we must understand our earning not as a game , i think its totally wrong diction for us . In investing cycle, sometime we make a mistakes that could make us suffered loss , but in another occasion we earn money and all if depends on how we analize the market.
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September 06, 2021, 10:59:35 PM
 #146

it's true that don't give up easily in the world of crypto. not every day we can make a profit, there will be times when we can get a loss too, that's what is called a game and we must be able to play it well. it needs caution an also patient in it. nothing is impossible here, we just need to be more patient in dealing with the sometimes ups and downs of the crypto market, which makes many people panic and can end up getting big losses. keep calm and do the best that we can.
i think it is not a game , in investment loss and profits was be common thing and it generally happen to all traders or investors. we must understand our earning not as a game , i think its totally wrong diction for us . In investing cycle, sometime we make a mistakes that could make us suffered loss , but in another occasion we earn money and all if depends on how we analize the market.
When you are treating this investment as a game then you are just simply a gambler because not all would be having the same mindset on how they would gonna treat their investment.
Some are way too serious which is a must but not on exaggerated manner and some doesnt really mind much about having good analysis and just put up and go whatever the results
it might have.Desperation do only comes when you are really eager to make profits which means you do forget that risk management thing and when you do tend to chase up losses
then this is where desperation sets in too.

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September 07, 2021, 07:06:12 PM
 #147

Trading cryptocurrency aren't for kid's , it's for people with matured mind. Going into cryptocurrency trading , one have to build up is mindset to be patient to trade for a long time. One of the problem that affects traders during trading is that they think so fast to make profits . Trading cryptocurrency for a very short time always is not the best as a trader .  Successful traders I have come across go into longtime investment , trading is not just acquiring cryptocurrency but trading comes from the mindset. If the mind is not on positive direction it can result to bad outcomes. And at this point now that the cryptocurrency price is low it's best time to go into longtime trading that will yield good profits in time to come.
So, do not be too hasty to make profits , short time trading don't pay much
I lived the same thing back in the day. I was looking to see where the next money will come from and constantly worked tirelessly hard in order to make a living in the crypto world. The moment I stopped and realized that long term stuff are more calm and collected and planned out, the more money I started to make and become a full-time crypto earner.

It is not easy to get in, but when you crack in and become some cog in a machine, you start to realize that you will be doing that rest of your life without any problems at all. Obviously you need to keep your resume sharp as well, it is not easy to keep finding jobs all the time but if you can find it, then you could potentially make it to big league as well and then the rest of the deal becomes easy, because finding a job after you held like 3-4 of them in crypto world suddenly becomes easier.

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September 07, 2021, 07:26:22 PM
 #148

it's true that don't give up easily in the world of crypto. not every day we can make a profit, there will be times when we can get a loss too, that's what is called a game and we must be able to play it well. it needs caution an also patient in it. nothing is impossible here, we just need to be more patient in dealing with the sometimes ups and downs of the crypto market, which makes many people panic and can end up getting big losses. keep calm and do the best that we can.
i think it is not a game , in investment loss and profits was be common thing and it generally happen to all traders or investors. we must understand our earning not as a game , i think its totally wrong diction for us . In investing cycle, sometime we make a mistakes that could make us suffered loss , but in another occasion we earn money and all if depends on how we analize the market.
When you are treating this investment as a game then you are just simply a gambler because not all would be having the same mindset on how they would gonna treat their investment.
Some are way too serious which is a must but not on exaggerated manner and some doesnt really mind much about having good analysis and just put up and go whatever the results
it might have.Desperation do only comes when you are really eager to make profits which means you do forget that risk management thing and when you do tend to chase up losses
then this is where desperation sets in too.
Common behavior initially when you dont have much experience and skills on where you do make out actions without any basis or analysis which turns out that you would really be committing mistakes frequently.
Dont be desperate specially when making money, dont stress yourself out and dont anticipate that everything would be simple because the reality of this market is something that you cant really able to
sustain if you dont do it well.

Just stick with the basics and further learnings would be gained ahead as you do make out trades or well aware about investments.

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September 07, 2021, 08:03:05 PM
 #149

Despair makes a person lose his enthusiasm and passion, and if you are a beginner and despair, you will sell at a loss and lose everything in a few seconds. It is necessary to experiment, try, and optimism, which makes any investor has hope and can earn profit, and then no matter how long it takes, he will achieve good profits that satisfy him in the long run. Every beginner should know that making earning requires patience, and the more patient and optimistic you are, the more you will get.

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September 08, 2021, 09:51:44 PM
 #150

Being desperate cannot help us earn. In fact it can make us loss because we cannot make a proper plan because of the desperation that we fell. The only thing that we need to do specially when we are desperate or when we arein loss is to keep calm and have some rest for good there is always another day to start again.

What I notice is when we get desperate to earn a profit on some things we are going for ex. trading we will lose more since the more we pressure ourselves to earn and we became greedy its because the first thing came to our mind is big profits, even though we know the risk of losing but still we push since we want to gain profits and its hard to chase and put double of the amount we lose just to recover back and hoping to gain again that's why we should have discipline so that we became contended and knows when to stop if there's a opportunity to gather or bounce back on next time.
Indeed. Being too desperate just to earn will possibly lose your capital in trading. It will never help us earn. Once you start trading, you must be discipline for you to make a good decision and acceptance for you to accept everything you lose because of your greediness. Maybe we are desperate to earn it is because we want to earn huge profit, that was the first thing comes in our mind once we trade. Even they don't have knowledge in trading but they push their self to trade. Once you start trading, knowledge also is very important especially learning to analyze market for you to make your own strategies and techniques to earn not to lose.
I agree on that we always need to be decipline and keep calm. Because there are a lot of people that loss a huge amount of profit because of being disparate to have some. Fucos and being patience can always help us to earn in trading but our fucos maybe lost because of being desperate to have earnings. So we need to avoid our self to be desperate for good.
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September 08, 2021, 09:52:56 PM
 #151

Despair makes a person lose his enthusiasm and passion, and if you are a beginner and despair, you will sell at a loss and lose everything in a few seconds. It is necessary to experiment, try, and optimism, which makes any investor has hope and can earn profit, and then no matter how long it takes, he will achieve good profits that satisfy him in the long run. Every beginner should know that making earning requires patience, and the more patient and optimistic you are, the more you will get.
In every investment or any trading activity, a person should learn how to be more patient and wait for the right timing to make profits. Its never a good mindset to rush in every thing where in profits is possible because most of the time, its outcome will never turn out positive. This is most likely the reason why people chose to hodl and trade for long term because the profits is quite bigger compared to short term. But i also believe that there are those lucky individuals who got to gain huge profits in short term trading but the risk is very high that's why only few of them have succeeded.

For me, being too desperate to make profits is never a good mindset when you're in crypto. Its like you believe crypto is a rich quick scheme when in fact its not. The more you put an effort on it, the more possible you will gain huge profits at the end of the day. So always make one step a time.

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September 08, 2021, 10:07:20 PM
 #152

Despair makes a person lose his enthusiasm and passion, and if you are a beginner and despair, you will sell at a loss and lose everything in a few seconds. It is necessary to experiment, try, and optimism, which makes any investor has hope and can earn profit, and then no matter how long it takes, he will achieve good profits that satisfy him in the long run. Every beginner should know that making earning requires patience, and the more patient and optimistic you are, the more you will get.
In every investment or any trading activity, a person should learn how to be more patient and wait for the right timing to make profits. Its never a good mindset to rush in every thing where in profits is possible because most of the time, its outcome will never turn out positive. This is most likely the reason why people chose to hodl and trade for long term because the profits is quite bigger compared to short term. But i also believe that there are those lucky individuals who got to gain huge profits in short term trading but the risk is very high that's why only few of them have succeeded.

For me, being too desperate to make profits is never a good mindset when you're in crypto. Its like you believe crypto is a rich quick scheme when in fact its not. The more you put an effort on it, the more possible you will gain huge profits at the end of the day. So always make one step a time.

Sadly, that's the truth here. A lot of newcomers in crypto thought that this is their way to get rich quick. But they will find it quick that it is not and then, they will spread fud when they lost their money. And with the thought that they can earn high profit at a short period time, they tend to get sloppy with their decisions and so the consequences are not what they expect. And so most of them quit early and say bad things about their experience. This is why some people are discourage to get into this market because of those negativities, but they are not getting the whole picture of it.
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September 08, 2021, 10:25:42 PM
 #153

Many lose cash from HODL because of the assumption for a major return and some bring in cash by one way or another in a brief period.
Not that really. I'm holding and I'm mainly in profit whether the price of bitcoin goes lower than what it has right now. Honestly, is more rewarding than doing day trading for me. I'm not a very good trader and that's why I've found myself to be at my best with patience through holding. Someone who's desperately wanting to earn more are likely to do many things and ways that they don't mastered yet and in the end, they're prone to more losses which will make them restart and back to zero.

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September 09, 2021, 08:17:34 PM
 #154

Many lose cash from HODL because of the assumption for a major return and some bring in cash by one way or another in a brief period.
Not that really. I'm holding and I'm mainly in profit whether the price of bitcoin goes lower than what it has right now. Honestly, is more rewarding than doing day trading for me. I'm not a very good trader and that's why I've found myself to be at my best with patience through holding. Someone who's desperately wanting to earn more are likely to do many things and ways that they don't mastered yet and in the end, they're prone to more losses which will make them restart and back to zero.
  Day trading does not mean short profits all the time because there are definitely those who are good in trading and make huge profits even if they only trade in a short term. It might be more risky but somehow its rewarding as long as you know how to do it right when all of a sudden the market crash.

But i know most of us here are really into long term trading as they believe that they can yield better profits compared to short term or day trading. Being desperate when it comes to your finances will only worsen the situation so as much as you can keep calm and wait for the market to give you good chances to earn and not that you want to earn eagerly even if the timing is not right. Good earnings definitely come when you know you are making it out from your hardwork and patience.

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blockman
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September 09, 2021, 10:36:49 PM
 #155

Many lose cash from HODL because of the assumption for a major return and some bring in cash by one way or another in a brief period.
Not that really. I'm holding and I'm mainly in profit whether the price of bitcoin goes lower than what it has right now. Honestly, is more rewarding than doing day trading for me. I'm not a very good trader and that's why I've found myself to be at my best with patience through holding. Someone who's desperately wanting to earn more are likely to do many things and ways that they don't mastered yet and in the end, they're prone to more losses which will make them restart and back to zero.
  Day trading does not mean short profits all the time because there are definitely those who are good in trading and make huge profits even if they only trade in a short term. It might be more risky but somehow its rewarding as long as you know how to do it right when all of a sudden the market crash.

But i know most of us here are really into long term trading as they believe that they can yield better profits compared to short term or day trading. Being desperate when it comes to your finances will only worsen the situation so as much as you can keep calm and wait for the market to give you good chances to earn and not that you want to earn eagerly even if the timing is not right. Good earnings definitely come when you know you are making it out from your hardwork and patience.
But there are more of those day traders that undeniably before getting that much profit, they're always going through with losing too. That's why to me, I'd be choosing to be an investor and holder because I've experienced how intense it is to get some profit as I day. Yes, day trading isn't just all about short term because you can do that continuously in the long run but that's still different from just being a holder and someone who's long term in his crypto investments.

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nurilham
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September 09, 2021, 11:04:03 PM
 #156

those who are too greedy for money will have a bigger chance to become a victim of scams.
Depends on how carefully they invest or buy coins. If those greedy people are careful enough to decide crypto coins they want to invest in, I think the chance to be scammed is small. But greedy people have a big chance to lose money because they set a target to take profits too high. When the price increases, they don't sell. They want to sell at the highest price. Unfortunately, then the price of their coin decreases, they are panic and sell it immediately. This is what mostly happened to greedy newbies.

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September 09, 2021, 11:55:25 PM
 #157

You are right about being too desperate to earn in trading, I have found out that its not always about how much you make short term but how you can keep up the energy, Learn from losses and try to improve on your trading strategy, most noobs start trading with the hopes of earning huge in a short amount of time but it's not always that way, trading is not a shortcut to wealth this is one thing they fail to understand,that's why they usually end up losing their money because they try to risk more just to get more reward.

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LonelyUranus
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September 10, 2021, 07:58:33 AM
 #158

Trading cryptocurrency aren't for kid's , it's for people with matured mind. Going into cryptocurrency trading , one have to build up is mindset to be patient to trade for a long time. One of the problem that affects traders during trading is that they think so fast to make profits . Trading cryptocurrency for a very short time always is not the best as a trader .  Successful traders I have come across go into longtime investment , trading is not just acquiring cryptocurrency but trading comes from the mindset. If the mind is not on positive direction it can result to bad outcomes. And at this point now that the cryptocurrency price is low it's best time to go into longtime trading that will yield good profits in time to come.
So, do not be too hasty to make profits , short time trading don't pay much

For novices or people with a bad mentality, especially those who are not good at controlling their emotions, this conservative approach is still very right, except for gamblers of course. I am not a day trader or a swing trader myself. I may pay more attention to value and long-term holding strategies. Because my heart is not strong enough.
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September 28, 2021, 01:15:48 PM
 #159

In my point of view, you should only get money if you acquire patience. Tolerance is the most important thing in trading and in many other aspects of lives. If you rush to earn money in short time of period, then it will become difficult to earn money. Because your mind cannot think good and reliable in short time. Trading needs time. You must concentrate on your strategies and trading plans. Don't be in a hurry to make money. It can lead you to loss money.

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September 28, 2021, 01:41:51 PM
 #160

In my point of view, you should only get money if you acquire patience. Tolerance is the most important thing in trading and in many other aspects of lives. If you rush to earn money in short time of period, then it will become difficult to earn money. Because your mind cannot think good and reliable in short time. Trading needs time. You must concentrate on your strategies and trading plans. Don't be in a hurry to make money. It can lead you to loss money.
Trading is something that you have to work out to develop your own strategies and skills and it will only be possible if you have the positive mindset and patience. And being rush in seeing your profits has no place in trading because a good trader will always have to wait for the right timing, otherwise you'll end up losing. There may be long term and short term traders and they are both profitable if they will always go with the right coins and with the perfect timing when to sell. If you are not good in waiting, don't bother to trade.

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