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Author Topic: Before Trading Bitcoin you should...  (Read 1260 times)
Yeesha
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August 29, 2024, 03:33:35 PM
 #141

This has been a repetitive topic already but I still find it interesting to discuss. While trading can make our lives instantly change for the better, but we all know that it does not work as easy as that. Trading requires a lot of trading preparation before you expect to succeed, and a lot of emotional distress and pressures before you can manage your emotions well. Although trading is highly risky, but it’s always worth the experience in the end.

 of course, trading can change our lives for good, but we have to motivate our emotion, get rid of anxious and anxiety, sometimes lose and gain are unpredictable, traders have to be patient and never give up easily, trading doesn't disappoint people, but it only work the way it is, there is nothing you can do to prevent yourself from losing it is impossible and impossibilities can never be possible, once you've lost you can never retrieve the money again, and you can not retaliate in trading or you may end up losing more.

Before you decide to trade bitcoin, know that you’ll lose a lot  first before you’ll be able to succeed. Trading is never easy but majority still find it hard and risky so it’s not surprising to see a lot of traders losing than gaining profits. That’s why get a decent job first before you decide to enter trading as you can never guarantee making big money out from trading. And also, never trade using your hard-earned money, otherwise you’ll end up losing them all and regret in the end, knowing you’re still not good in managing your emotions that makes the best enemy in trading.

if you are planning to trade, you have to be prepared and be ready trade, be ready to gain and also be ready to lose, engaging in trading doesn't mean that you will be making a huge amount of profits, some people will have interest in trading but it doesn't suit them, and when they realize that they are not meant to be a trader they back off and focus on other things that will be profitable to them, when some lose in trading they become anxious, trading has a lot of difficulties and challenges but some people didn't give up still because they have a lot of responsibilities on their head.
Septex
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August 29, 2024, 05:02:58 PM
 #142

This is very important in trading. As a novice trader, even if you want to trade in Bitcoin, you must acquire detailed knowledge about the subject. Because trading is not an easy matter. In this case you may lose money instead of making profit. Now if you are interested in Bitcoin trading only based on some sources and start trading then you might have a bad experience with it due to your ignorance and you will be afraid to go further with this bitter experience. So my suggestion is that if you plan to trade full time in future then you can do this part time in the beginning and you will do other work full time at the same time And in this case, saving your own money is a very important thing. Because if you're going to do it with a loan from your own assets like your own house or somewhere else, it's going to be a little more difficult to get out if you get hurt by it And in trading you must focus mostly on time and situation.

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