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Your strategy is working 100%, just work on your mindset.
You spent years learning.
You had sleepless night, busy days making analyses.
You held for a long time, guess what, maybe longer than you should.
But yet, portfolio keeps declining?
What I got for you could be your great obstacle.
Many think of this Industry as different to reality, but the truth is, the drivers and factors affecting it are both real. So you should befriending it.
Don't fool yourself.
Many can't appreciate a small win here, and that's why they end of round tripping their profits, some even losing their capital.
Whenever they have a pump, they allow others to convince them it is going so much insanely higher, so they should not touch their bags.
That can be fine with constantly staying up to date if you're investing, but not trading.
Even if you're investing, keep DCA-ing out as it goes higher.
Unfortunately majority can't, and that's how they end of turning GREEN into RED.
Listen to me, nobody fuc*k**g cares about you winning here brother.
You will be ungrateful forever if you can't appreciate a small win, the way you know it in reality so it's applicable here.
Take profit always, that is when you can build capital and grow.
Nobody ever went broke by taking profit.
But we have seen many here who went broke by not taking profit —Keep aiming for a higher return at single trade.
Avoid that and I assure you shall grow undefeatably in trading environment.
What is small for someone might be the biggest win for you, stop comparing amount.
WIN is a WIN, LOSS is also a LOSS.
No mattet how small GREEN is, can never be compared to RED.
Compare and compete against the loser version of yourself, Keep improving yourself to the better version.
That is how you stop losing and start winning.
If you don't take profit, you can't stay in the industry any longer, as you stand a higher chance of going to zero.
Benjamin Graham once said:
"An Intelligent investor is a Realist who buys from Pessimists and sells to optimists."
A trader is a short term investor, so it is a game changing to know when you're trading and when you are investing.
Once again:
FIND a Good entry at the LOW, ALWAYS TAKE PROFIT as it goes Up.
Always BUY The LOW, SELL The HIGH & HIGHER.
TAKE PROFIT.
TAKE PROFIT.
TAKE PROFIT.
CUT LOSS when holding a loser.
Sometimes, the win is not even staying in a trade or holding to eternity, but cutting out if it turns out to be a losing trade/investment.
That's the only way to grow and have peace of mind
I think it is time I should share something very important that helps me to survive in Crypro industry.
I learned that effective knowledge at Uni, now I am applying it to almost every competitive environment.
Do you want to know what exactly is that thing???
Say your mind in Comments.
Stay tuned for my next write up, you can't afford to miss it.
#TraderLife
#CryptoMarket

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