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Author Topic: Do You Feel Inadequate or Inspired After Watching These Types of Traders Content  (Read 291 times)
wxa7115
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March 18, 2023, 05:40:25 AM
 #21

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?
I did not know those kind of videos existed, which should show how much I care about them, however as an example if someone else has a lot more bitcoin than I do, I only think that this is good for them and then I immediately move on.

The moment you begin to compare yourself to someone else then you will always come up short, as there will always be someone with more money, and even if somehow you made it to the very top and no one else had more money than you there could always be some things you could desire you had from other people, and since this does not really help us in our development as traders or investors I do not see the need to use our limited time and energy on it.

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March 18, 2023, 05:56:16 AM
 #22

Not inspired, I am sure of that. Somehow jealous.  Grin
I don't really like watching these things as I don't want to be a greedy person but I did bump into them sometimes due to the recommended feature of the known streaming service. Once you watch Etoro clips, and others related to it, these other streamers will start to pop out.

The same with you, I'd like to make my own strategy when it comes to trading. It doesn't matter if sometimes it goes south as long as I can also be proud of the profits because I did it myself and did not rely on other people's techniques. Pride is definitely evil.  Grin But it feels better when you reap the rewards of your own hard work.

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March 18, 2023, 07:05:57 AM
 #23

Their advice tends to be general because of taking a narrow perspective (usually only based on their own experience), so you shouldn't take all the motivations that are raised. It depends on which starting line you're at and what preferences you have. I mean, there are some of them who start success from scratch with family backing up financially. So it's not a problem for them even though they'll fail many times.

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March 18, 2023, 11:56:31 AM
 #24

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc.
Never believe everything you watch, read, or listen to on the internet. The internet is where people flaunt fake live style and portay who they are not. They do this for the likes, the shares, the follows, the admiration, to promote or sell their content, and to massage their egos while in reality they are struggle or not as successful as they claim to be.

I have watched a lot of these videos and compared it with other real life traders it doesn't add up at all. I do not doubt that there crypto millionaires who are living large, but it is not like those who flaut it claim it is.

Quote
They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations.

If you are coming from a disadvantaged background, it is okay to feel this way. But when you carry our an introspection and take stock of your trading journey you will see that you aren't doing so bad yourself. And this is where you should draw your inspiration and drive from to keep moving.

Quote
As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?

Yes, I have. And I sometimes watch it on purpose just to fantasize or add to the mental picture I have about how my life would be if I stay consistent.

.
SPIN

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nara1892
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March 18, 2023, 03:37:32 PM
 #25

Their advice tends to be general because of taking a narrow perspective (usually only based on their own experience), so you shouldn't take all the motivations that are raised. It depends on which starting line you're at and what preferences you have. I mean, there are some of them who start success from scratch with family backing up financially. So it's not a problem for them even though they'll fail many times.
I agree with you, that they prioritize what they experience. That's actually not wrong because indeed experience is very important for a process until finally they can be successful in trading. But not only that, I very often find that they flaunt their success so that others are tempted by what they experienced. And then they open a class about trading, usually on their private channel (you have to pay if you want to join). In my opinion, this is used as a business field for them to make a profit from members who register. I've entered a group like this, and the content in my opinion is not very useful because the things I get there are basic things that I can learn without having to pay.

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March 18, 2023, 03:46:22 PM
 #26

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?
The captions from these videos can be exaggerated to make one feel like they are not doing enough. Asides some of these videos being scripted for views, you should not compare your one step with the 1000th step of another person. Some of these traders who are very successful and rich from trading did not just start yesterday, What you see is a product of years of hard work and continuous learning. It can be intimidating, but you should take solace in thinking that you are getting there someday. Watch these videos and create in your mind the idea of what you want for yourself in the future, put in my mind, so you can attract those things to yourself.

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palle11
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March 18, 2023, 04:38:56 PM
 #27

However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?

You should not avoid them or feel disturbed nor depressed when you watch them. They should give you encouragement instead because you are seeing the reality of the positive side of trading if you get your strategy right. The guys in YouTube that you watch are whale traders trading with a lot of capital so you can expect that their winning should be in large figures, but they also lose hugely but may not show that to you. If you are a small trader and you are having consistent profit no matter how small they are then you know you can get bigger with time. You can feel discouraged if you are not making even little profit as a small trader.
SirLancelot
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March 19, 2023, 07:21:50 PM
 #28

Their advice tends to be general because of taking a narrow perspective (usually only based on their own experience), so you shouldn't take all the motivations that are raised. It depends on which starting line you're at and what preferences you have. I mean, there are some of them who start success from scratch with family backing up financially. So it's not a problem for them even though they'll fail many times.
General means not only in trading? But isn't it great? It was like a complete package. Not only that we can be good at trading, we can also be good at our life outside. Motivations are never a bad thing. They are not bad advices but someone says that too much of it and then not applying it can still be useless.

Well, that was true because we are only wasting our time watching and listening to them. Those who got a support from their family are lucky but I know many of us are not like that. Sometimes our family is the one who prevents us from doing what we love but if we truly have a passion for one thing, we must do anything even though we will leave our family behind.
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March 19, 2023, 08:58:38 PM
Last edit: March 19, 2023, 09:08:41 PM by Viscore
 #29

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?
I never felt intimidated because I know exactly what it’s like to be a trader, and definitely it’s not easy but very hard especially for beginner traders. However, once you develop your skill in trading and master the strategies, then it’s really possible that you could earn huge profits through trading and earn millions. There are already successful traders these days and I’m certainly happy of whatever they achieved. The reason why I am also working on my own so I can be something like them, hopefully in the future.

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borovichok
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March 20, 2023, 05:49:07 AM
 #30

The captions from these videos can be exaggerated to make one feel like they are not doing enough. Asides some of these videos being scripted for views, you should not compare your one step with the 1000th step of another person. Some of these traders who are very successful and rich from trading did not just start yesterday, What you see is a product of years of hard work and continuous learning. It can be intimidating, but you should take solace in thinking that you are getting there someday. Watch these videos and create in your mind the idea of what you want for yourself in the future, put in my mind, so you can attract those things to yourself.
Because the majority of these traders are also YouTubers and content producers working hard to increase their views and content on social media, these videos are either made for viewers or for other viewers. When I first started watching these videos, I used to get discouraged because I felt intimidated by the enormous profits they were making on each trade but later learn that they have been in the space for a decade, that clear out all my doubts about the space. I began striving harder because I wanted to be like them. However, as it turns out, everyone has their own trading style, and the accountant size is enormous. Discipline, effort, and reliability are paramount in this environment. To reach daily trading goals, one must be focused; initially, this may not be simple, but over time, one will get more and more motivated to do so.

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March 20, 2023, 07:55:07 AM
 #31

I watch them for fun not to compare myself from them. I sometimes get some terminologies I commonly don't hear every day. Of course you will think "how envious of them, how I wish I could do those things too", or "I'm at this age and I'm still a mess compared to them". If those things affect your mental health, then you should look for other videos rather than watching them just to be stressed out. I often times watch Graham on his youtube channel reviewing those with captioned "a daily life of..." for fun not to be discourage or be stressed. As they say this world is unfair, and it is true to some extent, coz not everyone is given the same resources and conditions like what we've watched on the videos. Imagine them starting trading at young age having $500 on their accounts, me when I was young? I'd be lucky to even get $20 a month utilizing all the resources I have and use that amount to start trading. What's more? Before I could invest that money, I still needed to reach a certain amount to avail minimum requirement to open an account in the bank, plus there're still fees and some other requirements that is not that easy to get. As I've said earlier, not everyone starts at the same starting line, for them it is easy to say "save your $5 so you can invest and start trading", but for me? it is almost worth 2 weeks of hard work and grind. One thing I've realized from being poor is that, if you keep on comparing yourself to others who're already successful, you'll eventually find yourself more and more stressed by finding more flaws on yourself and you will start to complain and mentally exhaust yourself disturbing your decision making.

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deathcode
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March 20, 2023, 05:54:14 PM
 #32

have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?

I am not interested in and don't care about content that only contains activity or just showing off like that. I will be motivated when I watch the content of someone or an influencer who presents and provides education as well as insights on how to analyze, disclose strategies that are carried out and live withdraw their profits or all about the useful world of trading.
Because it's better for me to watch content that contains education or knowledge to add insight than to watch content that shows off and shows the agenda of their life or their daily life because there isn't much that we can take to make examples of lessons or add insight.
In my opinion, most of the content that presents the daily life or activities of a successful person is boring and maybe not all of it is true, maybe even just a setting, because their goal is to attract a lot of attention or followers by showing off their lifestyle and success.









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March 20, 2023, 07:42:44 PM
 #33

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?
I know how hard it is to be a successful trader, so I’m not falling from all of these tricks from crypto influencers. Though these are also possible, but it takes long time experience in trading that may take a lot of years of losing before you can finally say that you are good enough as a successful trader. That’s why I stick on my own strategies and never rely from them, and I am really working on my trades just like how I work for my future.

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March 20, 2023, 08:41:18 PM
 #34

However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?
Never felt intimidated from those videos. Instead I feel motivated, so in the future I can become one of those people like those videos. You may think that you had become one of those because you followed the same strategies like they did, but in the end it's nothing because of how different people manage to clear different situations in trading scenario. Don't feel intimidated by those videos, just learn that not everyone instantly become superior in trading and it needs time to do so.

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lousie9
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March 20, 2023, 09:40:30 PM
 #35

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?
I did not know those kind of videos existed, which should show how much I care about them, however as an example if someone else has a lot more bitcoin than I do, I only think that this is good for them and then I immediately move on.
there are a lot of videos like what the OP meant and I'm sure maybe even in every country there must be someone who makes content like that. In my opinion, content like that should only be enjoyed, there's no need to make ourselves feel discouraged and intimidated like what OP experienced.
because the content creators make video content for the purpose of entertaining and only showing their success, and their goal is to get and attract a large audience from the luxury they display in order to increase their income from YouTube or their social media platform.

The moment you begin to compare yourself to someone else then you will always come up short, as there will always be someone with more money, and even if somehow you made it to the very top and no one else had more money than you there could always be some things you could desire you had from other people, and since this does not really help us in our development as traders or investors I do not see the need to use our limited time and energy on it.
yes what you said it is true that when we are jealous of other people's success it will make ourselves feel that we are always lacking and make us not confident. we must remain grateful for our current achievements.
Instead of thinking about other people's stories that are not necessarily the truth, it is better for us to always focus on developing and increasing our trading skills and knowledge so that we can take maximum profits when trading.


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Sanitough
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March 20, 2023, 09:58:23 PM
 #36

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?
I guess there’s no reason for me to feel intimidated about it. Instead, I just try to avoid these types of contents because I know that trading is not working that way. Though you can be a millionaire in trading, but the process is very hard and risky. You could lose thousands at first or even millions, before you will be a profitable trader and live a luxurious life. Trading is certainly hard, that’s why we should learn it the hard way.
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March 21, 2023, 10:40:14 AM
 #37

I used to see some of these videos but I do not get intimidated by it, what most of them try to do is  fake it, until you make it, because they are in the showbiz business they need to show off and show things that will make people feel they have arrived. The real millionaires that I know in Crypto are always tasty for more and strive to get better not not to show off their wealth. The good thing about Crypto is that it gives everyone equal opportunity to make it, it now depends on  much you want it.


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March 21, 2023, 11:41:12 AM
 #38

I was happy to see their success and I use to inspire myself to continue building experience and become more knowledgeable. Though we can say that some got lucky in trading however as what I see, and even one of my friends tells me that it was not really all about luck but also about how we analyze the market trend. Those videos OP will serve as an example that there is no right age in trading because you can earn as much as possible if you are really good at trading. But we can never expect that every traders will have the same path, some will lose while some had succeeded.

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March 21, 2023, 08:45:59 PM
 #39

As a small bitcoin trader, I feel intimidated rather than inspired when watch certain YouTube or Social Media titles or content like "Day in the Life of a Young Millionaire Trader in Dubai" or "Day In The Life of a 23 Year Old Making $10,000 a Day", or "A Day In The Life of a Crypto Trader" etc. They feature young millionaire traders in beautiful places or traders who make thousands of dollars and to be honest, it creates a feeling of inadequacy or distress in me because I am yet to reached those levels of success yet. However, I have begun to avoid them and what I do is to focus on my own trading goals and aspirations. As a small bitcoin trader, have you ever felt intimidated, distressed, inadequate or inspired after watching these types of videos or content?

I believe those videos were posted to motivate upcoming traders, but they do not always serve that purpose because they cause negative emotions in the newbie traders. Seeing such videos definitely gives me a lot of aspiration and a desire to get there quickly rather than learning gradually and becoming a master of my own. This leads to significant anxiety and a lack of focus in my quest to become a better trader, so I'll avoid any YouTube video that shows that because it will be detrimental to my success in becoming a better trader.

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Russlenat
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March 21, 2023, 10:12:16 PM
 #40

I can never felt intimidated, although that is me from when I have known about intimidation. I do not feel intimidated, life is not the same for everyone and someday may become mine. I try to focus on my trading and anything stupid thinking like intimidation may result into a failed trading.

I use to say this: if you are a trader, you have to do away with everything that can make your mindset to be of low or poor quality. Focus on yourself and how you can achieve your long term goal in life.

Among all, I am happy, there is nothing better than joy and happiness. The little I gained from trading is enough for me.
Being intimidated could lead to envy in the future, that’s why i honestly avoid it as much as I can. Instead, I just focus on improving my craft and helping myself grow in trading through engaging into different strategies and develop those who have potentials that will help me succeed in the future. However, if these are really happening, then I’m happy for them as much as I am happy with where I am right now.

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