Don't Be An Addictive Trader, Know WHEN To Stay Off The Market

There are vital things needed by every crypto trader, being a trader does not mean you have to be in the market every day of the week or every second. Staying off from trading is also trading in disguise.

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Many people especially amateur traders think that they get all their profit at once, most time when entering a trade they set a high margin and make their budget on the profit they have not realized, and when the market moves against them it becomes an issue to them.

The market is always there and just one person cannot make all the profit, you lose in the face of des-piracy, as being desperate has never helped anyone in the crypto market rather it has done more harm than good.

Saving a cent is better than losing a cent, retaining your capital is first before profit-making. A few days back many got liquidated in futures trading because the market did not inform them how it was going to move. Everyone was faced with lots of joy because of the perceived bull run.

Trading is in every way far from gambling. If you approach crypto trading or even your real-life trades with a gambling mentality you will be at a loss daily. The first thing one needs to do is to get some basic knowledge of how the system works not just jump into futures trading because you heard many people are making it big time if you do market manipulation will kick you off the track.

Having strong emotions is another thing that will help anyone in this situation. Do not exhibit this despiracy that I first spoke about.

When you are so eager to make it in the crypto world that's when you will lose it if not all. Have a calm mind when trading and don't allow your emotion to have the best of you. Even if it's $1 you make daily and it is consistent in 30 days or let's say 25 days you will have 25 dollars. The good thing about this is that it is consistent.

By so doing you grow your capital than losing 2 dollars today and gaining 1 dollar tomorrow, when you accumulate you will see your losses is more than the gains.