💠 Danger of excessive orgasm:
Exposure to excessive euphoria during trading is among the devastating dangers that threaten many people in this field, as you find many traders at first trading with extreme caution, so you find them preferring to take steady steps full of apprehension and caution, but the problem is that they profit in multiple trades repeatedly. Many people may enter a state of euphoria, which is intended to be a state of euphoria resulting from dopamine flowing into the body as a result of repeated profits, but the question that arises here: Where is the problem in all of this?
The big problem here is entering into a state of recklessness, which is a psychological state that results from a state of euphoria and pushes the trader to venture into successive deals without prior study, thus exposing himself to the risk of a huge loss of all his money. This ultimately leads to the trader entering into a state of frustration, which in turn leads to... Failure if the trader does not train himself to accept loss.
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💠 Learn to accept loss:
The question in this regard is: What should I do if I lose my money in the trading market?
1. You must first accept this reality.
Accepting reality is the first step to solving the problem. Otherwise, there is no point in wallowing in pain and depression all day long. If you look at life over a long period of time, what you are experiencing now is just part of the essential nature of life. Our inner strength is often tested in extreme situations. When we withstand difficult tests, we are reborn, more mature and stronger.
2. You must learn to review and reflect, and draw lessons from your failed experiences. I mean, think carefully about why you lost your money in this process? Write them one by one in pen and analyze yourself deeply, only in this way can you fundamentally improve yourself.
3. Be patient and persistent. The first thing you should understand is that “wealth cannot come quickly,” and you should not have the mentality of wanting to come back immediately and get rich right away. This will only lead to the abyss and lead to self-destruction.
4. Think in the long term: Think in the long term, and plan carefully to achieve your goals. The idea of crypto is still in its early stages and there are many profit opportunities waiting for you, so there is no need to rush. But the main thing is that you must have enough patience to work hard, be diligent in making money in the right ways, have a high degree of self-discipline, find the right motivation to continue learning, and wait for the right time to take advantage of the real opportunity to make the safe leap on the road. Wealth.