When I just started out trading - can you guess what my biggest weakness was? (Let me know your guess in the comments)
It was Patience. Or rather the lack of it.
Whenever I saw a good investment opportunity - I would do my research and if it looked good I would take it and invest.
I would tell myself that this is it and I would stick to the end... but this didn't work out.
As a newbie - the thrill of waking up in the morning and looking at my investment portfolio was big.
If it was green - everything was good. But if it was red - I would spend my day in front of the charts and see how it went.
I was scared. Scared that I would lose my money. And sometimes if it went too far down - I panic sold.
This my friends - is the biggest mistake everyone does when they start out.
The reason why this is a mistake is because there is a difference between investment and trading is:
When I invest - I truly believe in the product/currency and that it will "go to the moon". So whenever I see downspikes - I don't mind - because I know, that in the end everything would be good.
When I trade - I know that prices rise and fall. But I don't know when and if they rise even more or fall even deeper. And friends -
this is the reason I don't trade anymore. The stress level gets waaay too high.
And let me tell you a secret:
The real money is made through investing.
Just imagine if you would have invested into Bitcoin at 1$ or in Ethereum when it was at 0.1$ or even NEO when it was at 0.01$.
So always remember:
Patience is your biggest strength in investing.
--
I hope you have an amazing day. If you have questions - please ask them below.
-Wolf
Your posts are getting a flag because you up-voted Child Pornography. You are a sick person and need to seek professional help.
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I'm going to counter some of these flags titus. I appreciate what you're trying to do, and I'll continue to flag iamgod and anyone else that directly posts child porn - but to extend that to all upvoters is heavy handed imo.
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Nonsense.
You're easily led, addicted to outrage, or you also enjoy slander for $$$.
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This is such an unacceptable response. This is UNFOUNDED public slander and bullying. You should change your stance and give some rational thought to the implications that you are causing these people. Nobody in the right mind would upvote child pornography on a PUBLIC site.
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Wow - are you for real? This is online bullying at it's best. I was just browsing through the NSFW and saw it. I'm not in any way interested in pedophilia. And the word "Daddy" is often used in this kind of context from (!)adults. I checked out the profile of that guy and it is a good thing that he's getting flagged now, but you just destroyed my whole posts and maybe even this whole profile...
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Strongly agree brilliant
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Thanks for sharing!
As I am new to crypto I value this type of advice!
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