$BTC miner revenue hit a new 11-month low in August , with | Crypto4light a Binance Square-en

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$BTC  miner revenue hit a new 11-month low in August , with miners' total profits last month amounting to $851.4 million , down $100 million from July. #BTC☀ 

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The worst trading strategy is relying on hope. The pain experienced from a losing trade is twice as severe as the satisfaction from a comparable profit. This is why traders often hold onto losing trades, even removing their stop losses. They do so to avoid the pain of closing a trade at a loss, consoling themselves with the hope that they can wait it out and turn the situation around. At this point, the emotions driving the trader are not fear and greed, but rather fear and hope. The result? In the majority of cases, this leads to a complete depletion of the deposit instead of the initially planned -1%. How can this be avoided? The exit price of the trade must be determined before its initiation. Once the trade has been opened, the plan must be adhered to without alteration, with no exceptions. #BTC☀ $BTC $TON

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Overnight success. It’s the classic tale “successful” traders love to tell, urging new traders to believe in the myth of instant riches. The result? A rush to action. They fear missing out on trades, thinking that the more they trade, the closer they are to winning. For them, skipping even one day of trading feels like a catastrophe. They miss the reality that no business brings endless, immediate wealth. They fall prey to the illusion of easy money. But real work is needed every day. And a trader’s real work isn’t just opening and closing trades. It’s about facing what you hide from yourself: your flaws, your fears, and the negative emotions that, if unchecked, will sabotage your trading career. $BTC #Bitcoin

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What to do when you hit a losing streak? 1. Suspend trading. 2. Review each of the losing trades. 3. Determine what the problem was: in the trading mechanics or in your emotions. 4. If there are problems with setups, make adjustments to the trading plan. 5. Take a break from opening trades for a few days. 6. Reduce the risk to a low threshold: for example, 0.1% or 0.25%. 7. Open 10 quality trades. 8. If the result is positive, return to standard risk. 9. If the result is negative, repeat. #TradingTips

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The most common strategy for losing a deposit: - making a spontaneous decision without taking into account the negative scenario and not realizing that the price may go against you - not controlling your losses - receiving a serious loss - despair and emotions - the desire to get even (the most destructive) - opening a position with the thoughts “I have nothing left to lose, I’m going all in” - final drain of the deposit $AEVO $ZK

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The U.S. Treasury Department turns a blind eye to its massive debt, like someone who borrows constantly and doesn’t think twice about the consequences. In the second quarter of 2024, the federal government paid $1.089 trillion in interest on its debt, more than its current national defense spending and gross investment of $1.049 trillion in the same period. This approach resembles irresponsible financial behavior, when all efforts are spent on servicing growing debts instead of investing in sustainable development and strengthening one’s own economy. $BTC will not fix this

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