Mindset vs. reality

[AYOBA]

We should manage our mindset and ready with anything so we will not panic if the reality far from our expectation. Many traders lose control and are not ready with the reality especially when the market down a lot and boom they disappointed and even some of them stress with their losses. If we can thinks clear and realize that the reality can be far from our expectation, we will not fear with that but prepare ourselves for anything happens.

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future; but all that kind things thy see as stories they prefers to see reality immediately without wasting time. This is the reason why most of the traders field most as they needed something that will happen within a short time frame to make the market better for them, where the market is not all about everything is a gradual process.

[Mame89]

Imagine that you are on a plane and the plane is taking off or landing. Suddenly the plane shakes a lot, your heart starts beating fast and you feel like you are going to die. But then you get off the plane safely and get into your car. Finally, you reach your home through the crowd and traffic. During the time you were in the car, you never once thought that an accident could happen. Statistically, your chances of dying in a car accident were much higher than your chances of dying in a plane. But we are afraid of planes, but we are not afraid of cars. It is quite interesting that our brain is afraid of things that are logically safe, but at the same time it is not afraid of things that are logically risky.

 Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Yes, that's right and your analogy between airplanes and cars makes sense. It seems to illustrate one of the biggest pitfalls in our psychology as humans we fear flying because of the high risk, but at the same time, we forget that traveling by land by car is also high risk and accidents involving cars and planes are more common. In the crypto world people are often afraid to invest long term and choose trading strategies that clearly carry high risks.

In reality and even statistically when we talk about the crypto market the majority of traders lose money in the short term. Even most retail traders experience losses. This is different from long term investing which simply involves buying and holding. Statistically, it's much more profitable for most people despite the volatility. But if you can control your emotions, you won't panic sell. Essentially, the risk of trading isn't just the loss of capital, but also the opportunity cost of time, your mental health and the potential for significant losses that can make it difficult to recover. Many traders are tempted by stories of others making 200% profits in a month.

[L E G E N D A R Y]

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future; but all that kind things thy see as stories they prefers to see reality immediately without wasting time. This is the reason why most of the traders field most as they needed something that will happen within a short time frame to make the market better for them, where the market is not all about everything is a gradual process.

You know that saying about Rome not being built in a day? most of the times, true success doesn't begin with seeing the results, it starts from having faith in the idea, trusting the process against all odds and having the right mindset about it, knowing that what you see at that moment is not the actual reality and then envisioning your own reality, and then putting on work towards reaching that reality, then gradually you'll start seeing results, and you can be sure that success towards achieving the reality you desire is just around the corner.

[Jatiluhung]

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future; but all that kind things thy see as stories they prefers to see reality immediately without wasting time. This is the reason why most of the traders field most as they needed something that will happen within a short time frame to make the market better for them, where the market is not all about everything is a gradual process.

Sometimes, the reality of the market can indeed differ from what we learn in theory. The real difference isn’t due to statistical patterns or anything like that, but rather to psychological factors or the pressure on the trader’s mindset. Very few traders can immediately adapt emotionally to the market. Most require considerable experience before they reach the point where they can control their emotions in the market.

That is why trading itself involves many complex concepts that a trader must master. Such as risk management to set the loss tolerance limits we can handle. Then there’s also emotional management so we don’t get swept up in the hype and end up with losses. Like panicking and selling when the market turns red, or panicking and buying as soon as possible due to FOMO, which leads to the possibility of significant losses. And many more. And the hardest part of trading is mastering our own emotions so we don’t become greedy or overly fearful.

[Yorubek]

We should manage our mindset and ready with anything so we will not panic if the reality far from our expectation. Many traders lose control and are not ready with the reality especially when the market down a lot and boom they disappointed and even some of them stress with their losses. If we can thinks clear and realize that the reality can be far from our expectation, we will not fear with that but prepare ourselves for anything happens.

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future; but all that kind things thy see as stories they prefers to see reality immediately without wasting time. This is the reason why most of the traders field most as they needed something that will happen within a short time frame to make the market better for them, where the market is not all about everything is a gradual process.

Yes, to get something good, it is very important to have patience and a good mentality, we always expect something that is never possible in reality, we forget reality and run after uncertain dreams day after day. We expect something in a very short time that is not possible to get quickly in reality. Patience is very important for trading, because to get success in trading, it is necessary to understand the volatility of the market, and even patience is very important along with strategy. Most of us want quick success through trading, but in reality it is never possible, so having a good mentality is very important for every investor.

[Findingnemo]

And there is a reason behind why our mind thinks it is safe in a car while not in a plane. Because we are getting advertisements like safe car and sturdy build and whatever the term they can use it to promote is safe in case of a crash and there is safety ratings so you know there is some chance that you can make out if you get into a crash.

But imagine that in plane crashes what safety is there above thousands of feet in mid-air.


There are risks in everything; you can even die due to a wet floor but nobody is afraid of getting onto a wet floor, it just how our mind is tuned in.

[serjent05]

But you are right that holding bitcoin is better than trading it.

As much as I wanted to agree with you, but I don't think what you say states an absolute truth.  Whether hoding Bitcoin is better than trading it depends on who holds that Bitcoin.  In short, it is subjective.  

If the person is well-versed in trading, the Bitcoin he is holding will have an exponential profit since he can identify buying and selling points effectively making him to buy BTC at lower price and sell it at the higher price, rinse and repeat.

But for those who have no knowledge of trading, I agree that he must choose the hodl option to maximize his profit.

[Rubuchi]

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future; but all that kind things thy see as stories they prefers to see reality immediately without wasting time. This is the reason why most of the traders field most as they needed something that will happen within a short time frame to make the market better for them, where the market is not all about everything is a gradual process.

mindset and reality most work hand in hand with one another. If you are somebody with a poor mindset you will hardly be in line with the reality but when you have a positive mindset, you will easily accept reality as it comes and not get things complicated the more. Let’s take a simple example with a gambler who hardly believes he could lose and see himself as God’s favorite or favored. Such person can’t even allow himself to see the reality around them and might end up failing the more and more.

[Rengga Jati]

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future;

Having a good mindset from the start will make us more mentally prepared. Because, we will usually be more:
1. resourceful
2. cautious
3. proactive in learning because we feel it's necessary and important
4. open to suggestions and criticism
so that we can be much wiser in the future.

This can also make us individuals who don't give up easily, but remain in control and considerate. This is very important in trading so that we don't just make decisions haphazardly.
Although this won't be easy, but everybody needs learning and process.

[ASloveapg]

We should manage our mindset and ready with anything so we will not panic if the reality far from our expectation. Many traders lose control and are not ready with the reality especially when the market down a lot and boom they disappointed and even some of them stress with their losses. If we can thinks clear and realize that the reality can be far from our expectation, we will not fear with that but prepare ourselves for anything happens.

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future; but all that kind things thy see as stories they prefers to see reality immediately without wasting time. This is the reason why most of the traders field most as they needed something that will happen within a short time frame to make the market better for them, where the market is not all about everything is a gradual process.

Yes, to get something good, it is very important to have patience and a good mentality, we always expect something that is never possible in reality, we forget reality and run after uncertain dreams day after day. We expect something in a very short time that is not possible to get quickly in reality. Patience is very important for trading, because to get success in trading, it is necessary to understand the volatility of the market, and even patience is very important along with strategy. Most of us want quick success through trading, but in reality it is never possible, so having a good mentality is very important for every investor.

Trading is mainly done for short-term profit, but the market does not move according to expectations. Therefore, entering into trading only thinking about profit and not having realistic expectations, especially if one does not care about losses, is risky. And due to such expectations, there is a possibility of making emotional decisions and incurring big losses. A mindset is needed in trading because if there is no mindset of being a loser, then there is no ability to control oneself and bear losses. One can easily be hurt by entering at the wrong time or selling at the wrong time. Therefore to become a skilled trader one must increase one's experience . learn from mistakes   and improve one's plan over time. Success in trading comes based on consistency and self-control. Therefore, one should have realistic expectations instead of high expectations. And one has to survive in trading with the right mindset, risk management, and ability. Therefore, survival is more important than making profits.

[Aanuoluwatofunmi]

It is very possible that we feel the first time experience in a harsh way upon ourselves, but if you are never giving up, they are just for a little while until they overcome them by having same experience subsequently, that is where when we started a business it shakes us and to maintain the running could be a serious challenge until we overcome the rigor, then we begin to get used to the whole thing as we adapt with the challenges and provide solution to tacos search in whatever thing we do in life.

[Yeesha]

We should manage our mindset and ready with anything so we will not panic if the reality far from our expectation. Many traders lose control and are not ready with the reality especially when the market down a lot and boom they disappointed and even some of them stress with their losses. If we can thinks clear and realize that the reality can be far from our expectation, we will not fear with that but prepare ourselves for anything happens.

Having a good mindset is the best way to get better results, but that is what some people don’t comprehend reality always hide before it will happen and the problem of our is that they don’t to heard that something big is coming on their way in future; but all that kind things thy see as stories they prefers to see reality immediately without wasting time. This is the reason why most of the traders field most as they needed something that will happen within a short time frame to make the market better for them, where the market is not all about everything is a gradual process.

Maintaining a bad mindset can actually influence an individual negatively, because it will prevent you from taking the right step at the right time, especially if you don't have the mind to bear loss. If you doubt that you're going to lose all your funds including the capital and the profits if you use it trade, I think at the moment the best thing to do is to avoid trading, because you will lose your focus and you will find it very difficult to feel motivated despite receiving multiples of motivation and assurance.

[Achalugo BTC]

Maintaining a bad mindset can actually influence an individual negatively, because it will prevent you from taking the right step at the right time, especially if you don't have the mind to bear loss. If you doubt that you're going to lose all your funds including the capital and the profits if you use it trade, I think at the moment the best thing to do is to avoid trading, because you will lose your focus and you will find it very difficult to feel motivated despite receiving multiples of motivation and assurance.

Exactly, that is why people are not to have any negative thoughts towards whatever they are doing because, once they have those thoughts they are likely to fail or have losses in their trading, so they are to avoid and prevent themselves from whatever thing that won't add to their training positive, so that they can be able to achieve their goal and will be profitable in it their trading as well. but, before that can come to accomplishment, they have to made up their mind and understand the magnitude of what they are dealing.

[Joy- maker]

Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Those who consider long term investment to be riskier than trading lack knowledge and understanding. Trading is very risky and stressful because it requires you to first carry out technical analysis, fundamental analysis and on chain analysis before you can place a trade, secondly, you have to turn  into a watch dog by consistently watching the screen.

On the other hand Long term investment is less risky, less stressful, but not completely risk free. What you need to as a long term investor is simply buy and hold and for long term. You don't need to turn into a watch dag as a long term investor.

[dezoel]

Of course expectations do shape what we do with what we have, so that is true and there is nothing wrong with managing that. But at the same time it doesn't mean that we should be not trying to predict what we are going to have, that part is still very valid and true.

I personally try to do as good as possible with my predictions and of course sometimes I am wrong and if you are ready for the being wrong part, then there is nothing wrong with calculating something that could work for your benefit at the same time.

[Rabata]

Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Those who consider long term investment to be riskier than trading lack knowledge and understanding. Trading is very risky and stressful because it requires you to first carry out technical analysis, fundamental analysis and on chain analysis before you can place a trade, secondly, you have to turn  into a watch dog by consistently watching the screen.

On the other hand Long term investment is less risky, less stressful, but not completely risk free. What you need to as a long term investor is simply buy and hold and for long term. You don't need to turn into a watch dag as a long term investor.

Trading and long-term investment are not the same. In trading, decisions are usually made based on short-term market fluctuations, which are relatively risky and have a high chance of making wrong decisions. A trader has to constantly monitor and observe the market fluctuations and, in addition, control his own emotions, make decisions according to his financial capacity and risk management. Every movement in the market can affect his decisions, so a small wrong entry can cause big losses. And the biggest challenge is to control his emotions. In this case, in the long term, one can remain stress-free and invest in a comfortable amount with patience. However, due to lack of proper management, there may be a possibility of making wrong decisions in long-term investments as well. It is not suitable for everyone mentally, but it is relatively safe in the long term and is a realistic approach for most ordinary investors.

[Chilwell]

Maintaining a bad mindset can actually influence an individual negatively, because it will prevent you from taking the right step at the right time, especially if you don't have the mind to bear loss. If you doubt that you're going to lose all your funds including the capital and the profits if you use it trade, I think at the moment the best thing to do is to avoid trading, because you will lose your focus and you will find it very difficult to feel motivated despite receiving multiples of motivation and assurance.

That is why is good to have positive mindset because that alone will lead you to the right way, negative mindset destroy your ambition, because it will discourage you and even though you are been encouraged by others that alone make all your effort gone,that is what you choose from your mind and sometimes it happened that way because we always walk through that path. Reality is usually hidden that is why a lot of people got it wrong just because they are too quick to judge, sometimes we just imagine the reality but when it comes we feel disappointed just because our thinking mentality never go to the opposite part of it.

It is better we have focus so that negative thoughts will not come our direction, we must trust ourselves so that we can achieve what we want, but with the positive mindset because it usually happens how we think about the matter we are into.

[programmer3666]

Imagine that you are on a plane and the plane is taking off or landing. Suddenly the plane shakes a lot, your heart starts beating fast and you feel like you are going to die. But then you get off the plane safely and get into your car. Finally, you reach your home through the crowd and traffic. During the time you were in the car, you never once thought that an accident could happen. Statistically, your chances of dying in a car accident were much higher than your chances of dying in a plane. But we are afraid of planes, but we are not afraid of cars. It is quite interesting that our brain is afraid of things that are logically safe, but at the same time it is not afraid of things that are logically risky.

 Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

This is very true because human beings mostly react based on emotions instead of actual reality. A lot of people are scared of flying because once turbulence happens, panic sets in immediately, even though air travel is statistically safer than road transport. The same thing happens in trading. People see screenshots of profits online and start thinking trading is easy money, without seeing the hidden losses and stress behind it. Meanwhile, long term investing may look slow and boring, but in reality it is usually safer and more stable for most people. Sometimes our mindset tricks us into fearing the wrong things while underestimating the real risks around us.

[henmark]

Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Those who consider long term investment to be riskier than trading lack knowledge and understanding. Trading is very risky and stressful because it requires you to first carry out technical analysis, fundamental analysis and on chain analysis before you can place a trade, secondly, you have to turn  into a watch dog by consistently watching the screen.

On the other hand Long term investment is less risky, less stressful, but not completely risk free. What you need to as a long term investor is simply buy and hold and for long term. You don't need to turn into a watch dag as a long term investor.

It's a prime example of mindset vs reality, because people might have a mindset that tells them that trading is easier than investments or holding, but the reality is totally different, because we all know that making an investment and holding is way easier because it doesn't require anything from you other than the initial confirmation about which asset you should choose when you are making your investment because your profitability and the possibility of winning or losing money will depend on that, but once that is done and you have made your decision and invested the money, you just need to sit back and relax, and the market will do the rest for you.

Whereas in trading, as you said, the trader has to be making analysis and doing research at all times, because you don't have enough time, you make one trade, then you start looking for another coin to make the next trade, and then before you make the second trade, you will have to close the first trade because it is not very good practice to make multiple trades at a single time, especially if you are into futures and margins. So, basically, it is a very stressful process, and definitely not easy.

[bitcoindusts]

It's a prime example of mindset vs reality, because people might have a mindset that tells them that trading is easier than investments or holding, but the reality is totally different, because we all know that making an investment and holding is way easier because it doesn't require anything from you other than the initial confirmation about which asset you should choose when you are making your investment because your profitability and the possibility of winning or losing money will depend on that, but once that is done and you have made your decision and invested the money, you just need to sit back and relax, and the market will do the rest for you.

It is really a step harder to trade than just holding.  But the idea that holding is way more profitable than trading is not totally true.  Actively trading (gaining profit to recycle) is gives more yield than jus holding.  But in terms of risk, trading have more risk than just holding.

Whereas in trading, as you said, the trader has to be making analysis and doing research at all times, because you don't have enough time, you make one trade, then you start looking for another coin to make the next trade, and then before you make the second trade, you will have to close the first trade because it is not very good practice to make multiple trades at a single time, especially if you are into futures and margins. So, basically, it is a very stressful process, and definitely not easy.

For those who has money to buy a trading bot, it is not that time consuming since they can just setup their bot application and leave it doing things they intended to do in their trades.  So for those who have extra money to spend on tools for trading, it is not that stressful process.