Trading and financial planning.

[GeorgeJohn]

most people come to their senses that they disregard their health once they are already feeling at their worst condition. so yeah, i can fully agree that if you plan with things, you need to think about your health. because you can't do all the things that you planned if your health is deteriorating. you can all have the money in the world but if your health is suffering, all your earnings will be useless.

Really i wasn't interested to react on this but since it have to do with health i have to respond. Health is the source of making well on all ramifications of life, if your health status is in abnormal state, there's nothing you will do that make you to achieve your objectives. So it's important to someone to take care of it's health first before thinking of money, because from my definition or perspective a good health is money. So we all suppose to have it in the skull and take care of our health.

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[kapalmabur]

most people come to their senses that they disregard their health once they are already feeling at their worst condition. so yeah, i can fully agree that if you plan with things, you need to think about your health. because you can't do all the things that you planned if your health is deteriorating. you can all have the money in the world but if your health is suffering, all your earnings will be useless.

Really i wasn't interested to react on this but since it have to do with health i have to respond. Health is the source of making well on all ramifications of life, if your health status is in abnormal state, there's nothing you will do that make you to achieve your objectives. So it's important to someone to take care of it's health first before thinking of money, because from my definition or perspective a good health is money. So we all suppose to have it in the skull and take care of our health.

I quite agree and basically all things we can do smoothly from a healthy body,
so maintaining health is certainly the main thing,
I think everyone should be aware of that by not forgetting about their own health

[andriarto]

most people come to their senses that they disregard their health once they are already feeling at their worst condition. so yeah, i can fully agree that if you plan with things, you need to think about your health. because you can't do all the things that you planned if your health is deteriorating. you can all have the money in the world but if your health is suffering, all your earnings will be useless.

Really i wasn't interested to react on this but since it have to do with health i have to respond. Health is the source of making well on all ramifications of life, if your health status is in abnormal state, there's nothing you will do that make you to achieve your objectives. So it's important to someone to take care of it's health first before thinking of money, because from my definition or perspective a good health is money. So we all suppose to have it in the skull and take care of our health.

I quite agree and basically all things we can do smoothly from a healthy body,
so maintaining health is certainly the main thing,
I think everyone should be aware of that by not forgetting about their own health

Many people think that health is the most valuable asset for us. Many people have a lot of money but they can't eat good food, because of health factors. with a healthy body, there is a strong soul so that you have clear thoughts, so we are here in the market world, can control ourselves and respond to the market more relaxed. time is not only in front of the computer, we also need refreshment and also exercise to maintain stamina, besides that sleeping patterns and eating patterns must also be maintained properly

[Mpamaegbu]

Perhaps OP, planning and execution are all we need to have a successful trading life as this it serves as a guide to where we do.
But unfortunately, it found out that in many cases, we ruined our plan due to some reasons like discouragement, change of mind, and being impatient. We must have to know that there is no easy money in crypto, even though we have this plan it doesn't mean that we are already secure and surely make a profit, and to note that decision-making will also affect the results of our plan and this is mostly a reason why we fail.

In addition to all you said, having the set skills for trading is paramount. The skills for the job here is what many traders downplay and they eventually pay for it. I've had my fingers burnt too on this. We can blame instructors or mentors who always like coating the idea of trading to look like it's a shortcut to easy riches. They tell you how easy they pull out earnings on daily basis from trading, they screenshot and doctor trades to suit their narratives with the aim of hoodwinking unsuspecting public. They're profitable on pictures but not on platforms they trade. Traders should be weary of such salesmen who have proved themselves not to be real traders.

Learning and having set trading skills are a necessity.

[GeorgeJohn]

most people come to their senses that they disregard their health once they are already feeling at their worst condition. so yeah, i can fully agree that if you plan with things, you need to think about your health. because you can't do all the things that you planned if your health is deteriorating. you can all have the money in the world but if your health is suffering, all your earnings will be useless.

Really i wasn't interested to react on this but since it have to do with health i have to respond. Health is the source of making well on all ramifications of life, if your health status is in abnormal state, there's nothing you will do that make you to achieve your objectives. So it's important to someone to take care of it's health first before thinking of money, because from my definition or perspective a good health is money. So we all suppose to have it in the skull and take care of our health.

I quite agree and basically all things we can do smoothly from a healthy body,
so maintaining health is certainly the main thing,
I think everyone should be aware of that by not forgetting about their own health

Their no two way to think about it, because it's obvious that health are the one of the primary things that gives us money, because when you are not health fit, it's very clear that you will be unavailable and unable to do the needful at appropriate time schedule. Using some of our forum mates and Cm as example, when your health status is poor nothing will make you to function well, so irrespective of your engagement and how much someone realize weekly and monthly our health should be the primary thing to work on.

[wxa7115]

Perhaps OP, planning and execution are all we need to have a successful trading life as this it serves as a guide to where we do.
But unfortunately, it found out that in many cases, we ruined our plan due to some reasons like discouragement, change of mind, and being impatient. We must have to know that there is no easy money in crypto, even though we have this plan it doesn't mean that we are already secure and surely make a profit, and to note that decision-making will also affect the results of our plan and this is mostly a reason why we fail.

In addition to all you said, having the set skills for trading is paramount. The skills for the job here is what many traders downplay and they eventually pay for it. I've had my fingers burnt too on this. We can blame instructors or mentors who always like coating the idea of trading to look like it's a shortcut to easy riches. They tell you how easy they pull out earnings on daily basis from trading, they screenshot and doctor trades to suit their narratives with the aim of hoodwinking unsuspecting public. They're profitable on pictures but not on platforms they trade. Traders should be weary of such salesmen who have proved themselves not to be real traders.

Learning and having set trading skills are a necessity.

This is very good advice, if you really begin to investigate you will notice that a great deal of the people that publish books about trading do not trade for a living, so how is it possible that they try to teach other people how to become successful in the markets when they are unable to do this on their own?

And if you begin to dig even further you will notice that even those which have a long history of trading have gone bankrupt several times as well, so the lesson we need to learn here is that your desire to learn how to trade is not enough, you also need to check the sources you are using or all that effort will be for nothing.

[TheGreatPython]

Many people when trading are too obsessed with profit, therefore when the market goes bad, it will make many people panic and make wrong decisions. After that in a state of stress most people still try to trade to cover losses that were previously experienced. That kind of thing will make the losses even bigger and eventually make us depressed, if trading like that. In fact, when trading our emotions must be controlled, so that we remain calm even though the market situation is deteriorating. And do not force trading if we are not in a good emotional state, because trading requires calm and high concentration, to be able to make the right decision.

That panic is the reason why most people lose money. If you do not panic and you stay calm and follow a path then you will make money. Bitcoin is not some small time company that may or may not take off, it is one of the biggest assets in the entire world and if you do not feel comfortable investing in it when it is low, then you shouldn't be investing into it at all.

I personally love it and I feel like the best thing to do about crypto right now is to make sure that we profit from it by buying low, so instead of getting scared when I see a lower price, I get happy about it because it means I can buy cheaper when it is low, and sell it when it goes up.

[TheUltraElite]

Their no two way to think about it, because it's obvious that health are the one of the primary things that gives us money, because when you are not health fit, it's very clear that you will be unavailable and unable to do the needful at appropriate time schedule. Using some of our forum mates and Cm as example, when your health status is poor nothing will make you to function well, so irrespective of your engagement and how much someone realize weekly and monthly our health should be the primary thing to work on.

Health is wealth my fellow forum mates. Dont ignore that and only focus on making money, it will not work. Being engrossed in trading while ignoring your own health is deleterious over the long term and hence there needs to be something to keep these habits in check.

There are people who enter trading with an ambitious mindset but get trapped in their own web of expectations. But dont forget that the friends, family and your own health have a big importance over your productivity.

Not having a healthy lifestyles leads to many problems that could be prevented and dont let making money start one of them.

[hashrateproducts]

Many people when trading are too obsessed with profit, therefore when the market goes bad, it will make many people panic and make wrong decisions. After that in a state of stress most people still try to trade to cover losses that were previously experienced. That kind of thing will make the losses even bigger and eventually make us depressed, if trading like that. In fact, when trading our emotions must be controlled, so that we remain calm even though the market situation is deteriorating. And do not force trading if we are not in a good emotional state, because trading requires calm and high concentration, to be able to make the right decision.

Crypto can either make one happy or sad. Tradinged the ability for us to control ourselves when losing. It's risky but one can manage his or her risk or study risk management when trading. Emotions goes along with trading, when one is angry and you open a position there is every tendency that you might lose your trade and sometimes you verge on bouncing back and the market trapped you. I have been in that situation countless number of times and I now know how to deal with it.

[Rockstarguy]

Many persons fail to give importance to financial planning in same vein they do with profit making in their trades. The hidden truth here is that, the profit you making in your trades or investments can't be felt or recognized without a thorough financial planning system, and that is what makes the former and the latter inseparable (symbiotic) when it comes to building wealth.

Financial planning is very important. I get so surprised at time seeing people making plans to invest cryptocurrency with no stable income.   They have this mindset because they think cryptocurrency can make someone to be rich. In every investment Financial planning is important for investors. Financial planning helps investors to invest in what they can afford to lose. It is very sad that most beginners that wants to invest cryptocurrency make no financial plans.

[wxa7115]

Many people when trading are too obsessed with profit, therefore when the market goes bad, it will make many people panic and make wrong decisions. After that in a state of stress most people still try to trade to cover losses that were previously experienced. That kind of thing will make the losses even bigger and eventually make us depressed, if trading like that. In fact, when trading our emotions must be controlled, so that we remain calm even though the market situation is deteriorating. And do not force trading if we are not in a good emotional state, because trading requires calm and high concentration, to be able to make the right decision.

That panic is the reason why most people lose money. If you do not panic and you stay calm and follow a path then you will make money. Bitcoin is not some small time company that may or may not take off, it is one of the biggest assets in the entire world and if you do not feel comfortable investing in it when it is low, then you shouldn't be investing into it at all.

I personally love it and I feel like the best thing to do about crypto right now is to make sure that we profit from it by buying low, so instead of getting scared when I see a lower price, I get happy about it because it means I can buy cheaper when it is low, and sell it when it goes up.

The main reasons why people lose money in the markets are their ignorance and that they let their emotions to take control of their actions, as you state bitcoin is not a  small project  which could disappear overnight, bitcoin is the greatest innovation when it comes to money we have seen during the last centuries.

Bitcoin is changing the concept of what we understand as money and this will have great effects on our society during the next decades, so it is important that whenever we buy bitcoin we do so with the intention of holding it for the long term.

[BobK71]

There is no substitute for trading as well as financial planning. A trader needs to be aware of these two things to make profit from trading. The risk of losing wealth in haphazard investments is definitely high. Moreover, no investment should be made depending on the temporary movement of the market. Due to the bearishness of the market, certain events will happen frequently, so a trader should not concentrate on that, he must remain steadfast in his destiny.

[Desscount]

There is no substitute for trading as well as financial planning. A trader needs to be aware of these two things to make profit from trading. The risk of losing wealth in haphazard investments is definitely high. Moreover, no investment should be made depending on the temporary movement of the market. Due to the bearishness of the market, certain events will happen frequently, so a trader should not concentrate on that, he must remain steadfast in his destiny.

It's not easy, of course, to become a trader, like it or not, they need to keep learning and have a strong mentality,
In addition, risk is an integral part of investment.
the market will keep moving and that's why traders shouldn't concentrate on just one thing

[tygeade]

There is no substitute for trading as well as financial planning. A trader needs to be aware of these two things to make profit from trading. The risk of losing wealth in haphazard investments is definitely high. Moreover, no investment should be made depending on the temporary movement of the market. Due to the bearishness of the market, certain events will happen frequently, so a trader should not concentrate on that, he must remain steadfast in his destiny.

It's not easy, of course, to become a trader, like it or not, they need to keep learning and have a strong mentality,
In addition, risk is an integral part of investment.
the market will keep moving and that's why traders shouldn't concentrate on just one thing

No business that you work hard to make money could be considered easy, this one involves risk as well but all of them does which is getting fired. If you are working as an employee somewhere, then you need to be good at your job to earn a lot, but if you are a trader you are your own boss and could make money easily with this.

Like for example FED increasing rates was a known thing beforehand and it was clear that it would drop the price of bitcoin so it was an easy decision to short it, which made a lot of people a good amount of money. If you know what you are doing, it is not any harder work than being a good employee that earns a decent wage.

[Mahanton]

There is no substitute for trading as well as financial planning. A trader needs to be aware of these two things to make profit from trading. The risk of losing wealth in haphazard investments is definitely high. Moreover, no investment should be made depending on the temporary movement of the market. Due to the bearishness of the market, certain events will happen frequently, so a trader should not concentrate on that, he must remain steadfast in his destiny.

It's not easy, of course, to become a trader, like it or not, they need to keep learning and have a strong mentality,
In addition, risk is an integral part of investment.
the market will keep moving and that's why traders shouldn't concentrate on just one thing

No business that you work hard to make money could be considered easy, this one involves risk as well but all of them does which is getting fired. If you are working as an employee somewhere, then you need to be good at your job to earn a lot, but if you are a trader you are your own boss and could make money easily with this.

Like for example FED increasing rates was a known thing beforehand and it was clear that it would drop the price of bitcoin so it was an easy decision to short it, which made a lot of people a good amount of money. If you know what you are doing, it is not any harder work than being a good employee that earns a decent wage.

People should be realizing up these things because there's no such thing about easy money on whatever investment or business you are dealing with which means that it does really involved risk which can potentially
lose up money if you dont know on what you are doing or simply doesnt really being mindful on applying those knowledge on the first place.Its normal that you should really be having plans on what actions
should really be executed on the time you had encountered various conditions or situations specially when we are dealing with very unpredictable market then it would really be that a normal action
to be taking unless if you do have that gambler like mind which doesnt really care at all.

[Yamifoud]

People should be realizing up these things because there's no such thing about easy money on whatever investment or business you are dealing with which means that it does really involved risk which can potentially
lose up money if you dont know on what you are doing or simply doesnt really being mindful on applying those knowledge on the first place.Its normal that you should really be having plans on what actions
should really be executed on the time you had encountered various conditions or situations specially when we are dealing with very unpredictable market then it would really be that a normal action
to be taking unless if you do have that gambler like mind which doesnt really care at all.

Planning is very important in running a business. Because even though you have knowledge and skills but there is no direction to follow, it still makes no sense at all.

And aside from that, a proper execution will help a lot to success. Many people who run a business fail because of a lack of motivation and mindset. What they know most that after putting money it will grow after a few days but unfortunately, this never works in that way as many instances ROI will take months and sometimes years to see it. Likely, if we are impatient people, doubted if this is suitable for us because I believe we can't manage to handle stress and easily give up.

[GelatikKembar]

I get so surprised at time seeing people making plans to invest cryptocurrency with no stable income. They have this mindset because they think cryptocurrency can make someone to be rich.

Maybe because investing into crypto is a lot easier to anyone and does not require a huge amount of capital compared to other type of investments like real estate or establishing a business.

People that are new into crypto investments might really think that it can make them rich when they see some lucky people who earned a huge amount of money. They don't realize that not all crypto are going to give them the same profit, there are some crypto that can give more than 10x of your investment but it's very risky to put some money to it because you will only depend on hype to achieve that huge gain.

Whatever the investment, it will not be free from risk because it is part of the investment.
Crypto investing is better known for its high returns and high risk,
so before starting to invest in crypto it is very important to learn first

[Munir575]

The important factors that have helped us be successful in our financial planning are self control and self discipline. Instead than concentrating on the things we want, we should concentrate more on the things we need. For people who wish to be successful in their trading endeavors, financial management is extremely crucial. Savings are required so that we can increase our profit and manage our losses. It could be challenging at first, but if we can make it a good habit, we'll succeed at it without a doubt.

[Lanatsa]

I get so surprised at time seeing people making plans to invest cryptocurrency with no stable income. They have this mindset because they think cryptocurrency can make someone to be rich.

Maybe because investing into crypto is a lot easier to anyone and does not require a huge amount of capital compared to other type of investments like real estate or establishing a business.

People that are new into crypto investments might really think that it can make them rich when they see some lucky people who earned a huge amount of money. They don't realize that not all crypto are going to give them the same profit, there are some crypto that can give more than 10x of your investment but it's very risky to put some money to it because you will only depend on hype to achieve that huge gain.

Whatever the investment, it will not be free from risk because it is part of the investment.
Crypto investing is better known for its high returns and high risk,
so before starting to invest in crypto it is very important to learn first

Any investment has its risk which there would be no exemption and you should really be minding off this thing to be that standard where you would really be needing to be that making analysis on whatever you are

jumping into or simply talking about investment.Particularly if we do speak about trading and on a very unpredictable market then it would really be just normal that you should really be that serious on financial

planning.You cant really just make out some entries without having considerations on why you have done that action? Never ever make yourself to have that gambler-like mind or perception on something
which does require good analysis.

[batang_bitcoin]

The most newbies do is that they're being hype with the crypto market itself and that's why they're quick in investing.
They don't conduct knowing what they're up to and what they're going to invest and that's making them like gambling in the market and they're fun about it.
It's true that being financially knowledgeable and you're also knowledgeable as a trader, you're like hard to be broken by the market because you've got plans and you're all set to face any of the problems that you may see along the road.