Some people come into the crypto industry with the wrong idealogy about crypto, mindset, and reasons which oftentimes bite them in the ass, and then look for someone else to blame or pin their losses on but themselves, I have had so many stories of people who get into the crypto industry because they believe that they will become millionaires or billionaires overnight, thinking that the crypto industry is a casino in Las Vegas.

Soucre

Gamblers Should Avoid Crypto

Most of the time those who come into the crypto industry with a gambling mindset and mentally wanting to get rich quick from the crypto market often get rekted and lose their portfolios within a blink of an eye and the worst part is when this happens they get extremely emotional, fund their accounts again thinking that are going to get back at the crypto market and recover all their money and even make extra profits, but most of the time they end up losing more money.

Revenging The Crypto Market Is Fastest Way To Go Broke

Yes, I said it, revenging the crypto or forex market from experience is the fastest way to blow up your savings and go broke which in my opinion that is a full-blown casino gambling behavior where you lose some money and you will keep on buying more chips with the hope of recovering and win your money back, I won't lie it has worked out for some but the funny thing is they would still come to the casino and lose that money again.

Honestly, that gambling mindset and behavior is not good to have in the crypto industry because you will regret it later after making some emotional decision without thinking things through first or worst-case scenario you actually knowing what you are doing because you are so focused on how to get your money back instead of how to avoid the mistakes you have made by getting a good crypto education, so you can be profitable.

In Conclusion

A Good Crypto education is required to succeed and be profitable in the crypto industry because Crypto is a knowledge-based industry and requires lots of patience as well. But many people get it wrong thinking is a place where they can make quick money, but end up losing big, Some go too hard on futures by overleveraging their accounts and get crushed out. Let us all Learn and be Patient.

THANKS GUYS FOR READING MY POST.

PLEASE FOLLOW ME ON:
Discord: onwugbenuvictor#3447
Twitter: @VictorOnwugbenu

Posted Using LeoFinance ^Beta