Mindset vs. reality

[Nheer]

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.

I agree with your point people fail to understands that trading is more complicated than what we see online from some of this online traders that claims they are profitable and professional traders whereas some of them are just hiding their trading history from the internet and showing us the profitable entries.
 
Human emotions are probably going to show up when we feel uncomfortable about some things either be it trading, investing or even personal issues aside cryptocurrency but the main issue is just how we attend to our emotions and have total control of it especially when it about trading or investing. Have control of your emotions so we come make some decisions without feeling guilty of our actions.

[I_Anime]

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.

Our mind is a powerful place and it can literally affect one in a powerful way . No where is actually safe or risk free when come to trading and holding . Though trading is riskier than holding  , that doesn’t mean holding is risk free .

No matter how many will continue to say trading or holding is risky , there will still be some folks that are making it real big from both . Yeah some traders are also holders , going into trading is not a sign of financial mistake is when you go into it unprepared (having the knowledge or skill on how it works ), same goes for holding there are certain principles one need to follow inorder to have a smooth investment journey.

[savetheFORUM]

people fail to understands that trading is more complicated than what we see online from some of this online traders that claims they are profitable and professional traders whereas some of them are just hiding their trading history from the internet and showing us the profitable entries.
 
Human emotions are probably going to show up when we feel uncomfortable about some things either be it trading, investing or even personal issues aside cryptocurrency but the main issue is just how we attend to our emotions and have total control of it especially when it about trading or investing. Have control of your emotions so we come make some decisions without feeling guilty of our actions.

Actually, trading videos looks complicated already when I look at them. What I mean is when a trader flash their screens with those graphs. That is usually included though and not just those bundle of money and cars. Same thing other people feel after I check the comments of those videos. But I think those who feel the same are people like me that aren't really knowledgeable when it comes to technical things or only prefer to be on the safer side at most times.

Knowing the process of trading alone is enough for us to know that trading is not easy. No need for them to show us their losses. When it comes to emotions, this shows up too even when we are comfortable or there are some nice event that suddenly occurred on us (just in case you don't know it yet). Regret seems to be another form of emotion and I think it still can come or we can still make a mistake despite being calm and act according to our other emotions that we felt earlier.

[Bushdark]

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.

Our mind is a powerful place and it can literally affect one in a powerful way . No where is actually safe or risk free when come to trading and holding . Though trading is riskier than holding  , that doesn’t mean holding is risk free .

No matter how many will continue to say trading or holding is risky , there will still be some folks that are making it real big from both . Yeah some traders are also holders , going into trading is not a sign of financial mistake is when you go into it unprepared (having the knowledge or skill on how it works ), same goes for holding there are certain principles one need to follow inorder to have a smooth investment journey.

You may think that the mindset is a powerful place but when you have a strong mindset for achievement but you are not strong enough to bring it to reality, it might become a big probelm that will be hard to do things that will be successful.
You should never think that your mindset is the same with reality because mindset is like your plans that you want to achieve and if you don't have the necessary things that will help you to turn it to reality, it will never happen. This is why action speaks louder than voice and it has been proven for centuries now.

[Synchronice]

You are right but the plane and car accidents that you used is not a good example that should be used.

There is a higher chance to have a car accident than to have a plane accident, but there is a far higher chance to die in a plane crash than to die in a car accident. There are still car accidents that people still survive, but plane crash survivors chace is low to none.

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

Why do you think that it's a bad example? I actually think that it's maybe one of the best example I've ever read. Not directly but psychologically, this example explains things well. We know that Bitcoin will rise but we still follow panic and sell Bitcoin at loss. We know that flight is safe but we still are psychologically afraid. Many people even take anti-anxiety meds before flight.

By the way, the odds of dying on any single commercial flight are estimated at around 1 in 1,000,000 to 3,000,000 million flights, depending on the region and the airline. Even though the chance of escaping in car crash is much higher than escaping in plane crash, the chance of plane crash is so low that you can safely fly every day till your natural death and even more, without ever ending up in plane crash.

[Charles-Tim]

Why do you think that it's a bad example? I actually think that it's maybe one of the best example I've ever read. Not directly but psychologically, this example explains things well. We know that Bitcoin will rise but we still follow panic and sell Bitcoin at loss. We know that flight is safe but we still are psychologically afraid. Many people even take anti-anxiety meds before flight.

By the way, the odds of dying on any single commercial flight are estimated at around 1 in 1,000,000 to 3,000,000 million flights, depending on the region and the airline. Even though the chance of escaping in car crash is much higher than escaping in plane crash, the chance of plane crash is so low that you can safely fly every day till your natural death and even more, without ever ending up in plane crash.

I explained the reason I do not see it as a good example. Long term bitcoin investment has not failed, but there has been several plane crashes. The probability of surviving a plane crash is almost zero, but the probability of surviving bear market is almost 100% if it is bitcoin that you invested on. I had a car accident before to the extent the car was upside down, but I survived it. If it was a plane crash, I do not think I will still be alive today. I do not see it as a good example.

[M47AK16]

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.

I agree with your point people fail to understands that trading is more complicated than what we see online from some of this online traders that claims they are profitable and professional traders whereas some of them are just hiding their trading history from the internet and showing us the profitable entries.
 
Human emotions are probably going to show up when we feel uncomfortable about some things either be it trading, investing or even personal issues aside cryptocurrency but the main issue is just how we attend to our emotions and have total control of it especially when it about trading or investing. Have control of your emotions so we come make some decisions without feeling guilty of our actions.

The denying of the situation is the biggest psychological problem we have in the trading world. People keep denying that they are newbies or just purely bad and need to learn and get better before they should try to trade, they end up blaming everything else but themselves. There are people who use pump/dump groups, signals, influencers and whatever else to see what they should trade and when they lose, they blame others when the problem at the start was that they should have learned how to trade themselves and do it themselves.

[Hatchy]

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.

I like how you used the real life scenario to picture what really happens in the mind of most traders. In reality we are driven by our ambition to win. In trading, we are driven by our ambition to succeed..they might be the same thing but winning is short term, everyone in real life wants to win, wants to survive. But in trading everyone wants to succeed and success is based on a long term. Whatever the kind of mindset we try to have as a trader, your major target should be how to successfully conquer the market. Logically it's not as easy as it sounds. Those people who have gotten there went through though times. At some point they even thought of given up. But they didn't and that's just how ambitions works..

[Zanab247]

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.

When you know that the mindset of the brain is working is when you begin to see some positive results from the decision you took from the past before you can be bold to introduce the mindset to other people in the industry. You can make a good change from other people stories, because you will be ready to do what they done to arrive such favourable achievement because it came from your mind before you make it reality.

If you watch many newbies these days you will know that majority of people that made it quick from crypto started from crypto investment, because they know that is very easy for them to hodl for long years before the bull market will take place that will attract investors to start selling to double their profits.

[Arenga pinnata]

I agree with your point people fail to understands that trading is more complicated than what we see online from some of this online traders that claims they are profitable and professional traders whereas some of them are just hiding their trading history from the internet and showing us the profitable entries.
 
Human emotions are probably going to show up when we feel uncomfortable about some things either be it trading, investing or even personal issues aside cryptocurrency but the main issue is just how we attend to our emotions and have total control of it especially when it about trading or investing. Have control of your emotions so we come make some decisions without feeling guilty of our actions.

Influencers and content creators who claim to be traders do indeed only showcase their profitable trading records. after all, they are simply content creators, and they know exactly what kind of content their audience wants to see. Naturally, they choose content that highlights trading profits. Unfortunately, many beginners are lured in by such content, leading them to believe that trading is easy. As a result, many beginners are even reckless enough to invest large sums of money right from the start. Then they lose, and many even lose all their capital in the futures market. From this, we must learn that what we see on social media isn’t always true, though it isn’t always false either.

Trading is a business or profession that truly requires extra effort. In reality, it’s very rare for anyone to achieve true success solely through trading.

[EarnOnVictor]

-Snip-
 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.

Your analogy of the car and plane could be technically correct when we base it on probability, but your inference to trading and investing does not reflect the true ideology/psychology of people towards the two. I've never seen a person who says that trading is safer than investing, no! The difference is always clear, as trading is a leveraged/margined product.

[Razmirraz]

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.

The analogy you use is a real psychological phenomenon, this comparison also points more towards the perception of risk often contradicting statistical facts. Many beginners think trading is safer because they have complete control over the buy/sell buttons. However, statistically speaking, the majority of novice traders lose money due to high volatility, emotions, and transaction costs. Although investing seems boring and slow (like driving a car in a crowd or traffic jam), logically, long-term investing is much safer and has been proven to generate wealth for many.

So, don't let your brain misjudge the risks like some people who trade because they are tempted by other people's success stories or because they can control it easily, in fact, they were accidentally in a position at risk of loss (a shaking plane) without being equipped with a parachute. While investing may seem boring like a car stuck in traffic, perceived as slow, you have the potential to reach destination safely.

[Shussainshah]

When you know that the mindset of the brain is working is when you begin to see some positive results from the decision you took from the past before you can be bold to introduce the mindset to other people in the industry. You can make a good change from other people stories, because you will be ready to do what they done to arrive such favourable achievement because it came from your mind before you make it reality.

If you watch many newbies these days you will know that majority of people that made it quick from crypto started from crypto investment, because they know that is very easy for them to hodl for long years before the bull market will take place that will attract investors to start selling to double their profits.

I think the main Point is How your mindset is prepared for the reality.  If you can't prepare you mind to face the reality you can't be good as your mindsets . First Results will come then share with other if your decision really make outcome share them with other forst live it than teach them that's really make your mindset strong. And if your mind is strong you can face the reality. In crypto the real point is conviction and patience not depend on luck . Most early people just bought low and sel them without any noise during bull run where everyone are preparing himself for the bull run they just take has profits.

[ASloveapg]

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.

I agree with your point people fail to understands that trading is more complicated than what we see online from some of this online traders that claims they are profitable and professional traders whereas some of them are just hiding their trading history from the internet and showing us the profitable entries.
 
Human emotions are probably going to show up when we feel uncomfortable about some things either be it trading, investing or even personal issues aside cryptocurrency but the main issue is just how we attend to our emotions and have total control of it especially when it about trading or investing. Have control of your emotions so we come make some decisions without feeling guilty of our actions.

Trading is often shown on social media as a way to make big profits. which makes people interested in trading. They think it is an easy way to earn money. However  in reality  if someone wants to survive in trading  they need real experience, risk management and mental control. Many successful traders also only reveal the successes of their trading journey and hide the failures. Due to which new traders can get the wrong idea. In reality, a trader can never maintain a consistent jump. And those who only think about profit are mostly affected by emotional decisions. However, it is not that someone can easily analyze charts in trading or avoid their own risks. Therefore, one should think realistically without getting excited or overly thinking about profit during the time of profit because both profit and loss are normal here.

[Nahl]

The mainset of trading will always be profitable makes some people are choose trading rather than to being an investor that because they don't have more patient to hold crypto especially for long term but in fact when these people have attempts to do crypto trading they had faced several loses which makes them lost all of their money and as i said before that trading is not for everyone and it's not easy to make trading as profitable activities because plenty of people has been give up because after trading they cannot gets decent profit but it's different if only to being an the investor especially bitcoin investor because all you have to do is used your money you can afford to lost to invest at bitcoin and i am sure for next several years your investment value will be growing

[Out of mind]

Very few people succeed in trading, basically many people think that trading may be a very easy and quick place to make money. But this is always a wrong idea, those who enter trading with this kind of mindset will definitely face losses. Again, there are many people who face instability while trading and they leave that money for a long time, thinking that they may get profit from it in the future, but this is a wrong idea. Basically, it is good for long-term investment but not for trading, besides, all other coins are always risky, so it is better to invest only in Bitcoin. Those who do not consider long-term investment safe, consider trading safe, basically I think they are stupid because trading is a risky place, the possibility of loss is higher here than profit.

[Curious T]

It's even easier to hold than to trade. All you need to start holding Bitcoin is the basic knowledge, but with trading, you need to know more than just that. You need to understand Bitcoin fully and then understand trading and know how to make analysis. It's complicated for a person who has been in Bitcoin for long, and even worse for a newbie. With holding, you just buy when and how much you can and not worry about daily prices.

There is a higher chance to have a car accident than to have a plane accident, but there is a far higher chance to die in a plane crash than to die in a car accident. There are still car accidents that people still survive, but plane crash survivors chace is low to none.

True. I would rather take my chances of having an accident on the road in a car than falling from about 35,000 feet. Besides, people also get scared when there is a scare in the car, it's just different from turbulence on an airplane.

[bitgolden]

The mainset of trading will always be profitable makes some people are choose trading rather than to being an investor that because they don't have more patient to hold crypto especially for long term but in fact when these people have attempts to do crypto trading they had faced several loses which makes them lost all of their money and as i said before that trading is not for everyone and it's not easy to make trading as profitable activities because plenty of people has been give up because after trading they cannot gets decent profit but it's different if only to being an the investor especially bitcoin investor because all you have to do is used your money you can afford to lost to invest at bitcoin and i am sure for next several years your investment value will be growing

Yeah, people think that trading could make them rich very quickly but that is not the truth and most of the time people just end up with a loss instead. I get that it may not be great at the moment and should not be a very profitable market at the current time, but if they just old it long enough then they could make a profit.

If they focus on quick returns then they are going to fall for many scams and mistakes and they will not make that much money from it at all.

[LastKiss]

people fail to understands that trading is more complicated than what we see online from some of this online traders that claims they are profitable and professional traders whereas some of them are just hiding their trading history from the internet and showing us the profitable entries.
 
Human emotions are probably going to show up when we feel uncomfortable about some things either be it trading, investing or even personal issues aside cryptocurrency but the main issue is just how we attend to our emotions and have total control of it especially when it about trading or investing. Have control of your emotions so we come make some decisions without feeling guilty of our actions.

Actually, trading videos looks complicated already when I look at them. What I mean is when a trader flash their screens with those graphs. That is usually included though and not just those bundle of money and cars. Same thing other people feel after I check the comments of those videos. But I think those who feel the same are people like me that aren't really knowledgeable when it comes to technical things or only prefer to be on the safer side at most times.

Knowing the process of trading alone is enough for us to know that trading is not easy. No need for them to show us their losses. When it comes to emotions, this shows up too even when we are comfortable or there are some nice event that suddenly occurred on us (just in case you don't know it yet). Regret seems to be another form of emotion and I think it still can come or we can still make a mistake despite being calm and act according to our other emotions that we felt earlier.

They keep flexing their positive PnL every day if those people who love flexing their wins on the internet showed their losses instead, I'm pretty sure people's mindset about trading would change. When people see traders saying trading is easy, everyday their portfolio growing green they will think it's easy too, even though it actually is not easy. Just like you said, learning from videos is already complicated for new traders, which is why many of them pay mentors to learn trading.

All the good things shared on the internet have already changed our mindset about the dangers of trading, not knowing the risk, not knowing the reality of trading. We only realize trading is not easy after losing a decent amount of money and later we regret it.

[Hardyrobust]

 I don't think if this is true because people react mostly to things that they perceived is dangerous or risky. When it comes to trading the risk is of losing money is there and is very high. So when anyone that is going into trading have this in mind they will easily panicked whenever there is a slight change in the market that is not going the way they have speculated. However, if they are unaware of the risky they won't feel much Panick whenever the market is going against them.