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Author Topic: Anyone can succeed as a bitcoin trader  (Read 122 times)

gardentalk

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Anyone can succeed as a bitcoin trader
« on: January 04, 2024, 03:31:52 PM »
Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all

CryptoboyRamesh

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  • Re: Anyone can succeed as a bitcoin trader
    « Reply #1 on: January 05, 2024, 12:33:02 PM »
    Some may succeed and some may not and that is the reality because not everyone can be a winner here or else the market will not move that much.
    It takes time to be a good trader, the stress can consume you but the reward is huge once you are able to survive that early phase of being a trader.
    Just continue to be more professional and keep learning, also set your goal realistically so you won't be stress if you are not able to achieve it.

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    indianCrypto

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    Re: Anyone can succeed as a bitcoin trader
    « Reply #2 on: January 06, 2024, 03:11:02 AM »
    Trading is about mindset as well as technique. Napoleon Hill was right: desire is the key to success. The journey is nuanced, right? A trader's journey is full of roses and thorns, and each step teaches something. Persistence, as you said, is vital. Let's dive deeper. The goal is to evolve, not merely survive. Win or lose, each deal shapes our thinking. The market is dynamic and tough. We adapt how? How do we grow? These questions guide traders.

    Your insight on Bitcoin traders is intriguing. Short-term gains are tempting, but there's more. Trading involves identifying market undercurrents as well as riding volatility. What drives markets? What impacts shifts? These questions require knowledge, analysis, and attention to detail, not enthusiasm. Trading is an ongoing education. Excellent or poor, every experience leads to mastery. The aim? To be wise and successful. Knowing both 'how' and 'why' Wouldn't that define true trading acumen?

     

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