Don't buy based on what you wish

In the world of trading and the world of business in general, psychological study is more important than technical study because when you deal with money, emotion prevails greatly, so if you do not have a highly conscious study, you will lose without feeling and without a convincing reason.

I have tried a lot to read in the world of psychological management, but unfortunately I found that experience is the best teacher and that if you do not deduce something based on your personal experience, you will never be convinced.

Today I give you advice that I reached before I buy any coins after I read many publications, including 100x or 10x and what is your buried gem from which you will become a millionaire, dear reader, things never work like this.

Open the Marketcap and look at any currency and then open its Chart. Everything that your brain will imagine for you. If you want to buy this currency, it actually fell a little and then it will go to the moon. In fact, this will not happen because you just drew a path in your imagination that does not exist on the ground.

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But Why?

Each of us has an ambition or a dream and always looks at the positive side so as not to get frustrated and lose the passion in life in general. So we look at the working heroes, businessmen and famous people and always look at the positive side. There is no field in which we enter and how we will become number one in this field.

This is the nature of human thinking, but if you think like this, unfortunately, you will not achieve anything because you simply live in a fantasy world.

To go back again to currencies, before buying a currency, you must do a sufficient study of its history, project and the team behind it. Every piece of information you search for increases your chances of profit by 1% and reduces your loss rate by 1%.

If you need to collect information and points, what else can you increase the balance of your positive points in the search process. If you dedicate an hour a day or half an hour to learn technical analysis, then you will increase your information that you collected from the history of the currency and its project, a group of other positive points.

But you should know that this never gives you inevitability, but as we said increases your positive chances and reduces your chances of losing.


And you, what do you think ?

Thank You

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Posted via proofofbrain.io



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