#TOPIC #Psychology
HOW TO DEAL WITH FRUSTRATION
Problem : Create a vicious cycle of negative emotions.
Solution : Keep in mind the ultimate goal: financial and geographic freedom that trading can offer, consider trading as a business and not as a hobby.
The frustration will be the result of an error due to previous emotions. When we lose a trade, money, we risk too much, forget our rules, we will be frustrated. This frustration will make us more mistakes, entering into a loop that we do not want to be in. Take a break and remember to consider that trading is a long term game. It takes years to become an overnight success trader.
HOW TO DEAL WITH FRUSTRATION
Problem : Create a vicious cycle of negative emotions.
Solution : Keep in mind the ultimate goal: financial and geographic freedom that trading can offer, consider trading as a business and not as a hobby.
The frustration will be the result of an error due to previous emotions. When we lose a trade, money, we risk too much, forget our rules, we will be frustrated. This frustration will make us more mistakes, entering into a loop that we do not want to be in. Take a break and remember to consider that trading is a long term game. It takes years to become an overnight success trader.
#TOPIC #FUNDAMENTAL_ANALYSIS
Let's learn about Yeild Farming, liquidity pools , Staking , how to do these stuffs and how to use Pancake swap or any other Dex like that.
Watch these videos line wise.
Hindi
https://youtu.be/t8jlTyae_QE
https://youtu.be/pBkV3myBATs
https://youtu.be/ywZ1hBClWRY
For English
https://youtu.be/PNxhzmq7Anc
https://youtu.be/NySjyBrvE2A
Let's learn about Yeild Farming, liquidity pools , Staking , how to do these stuffs and how to use Pancake swap or any other Dex like that.
Watch these videos line wise.
Hindi
https://youtu.be/t8jlTyae_QE
https://youtu.be/pBkV3myBATs
https://youtu.be/ywZ1hBClWRY
For English
https://youtu.be/PNxhzmq7Anc
https://youtu.be/NySjyBrvE2A
YouTube
WHAT IS YIELD FARMING & LIQUIDITY POOLS? FULL DEFI WORKING EXPLAINED | HINDI
Understanding Liquidity, Yield farming, Staking in Defi. Full explanation video on liquidity mining and defi concepts.
Join us on Telegram @EliteCryptoTool
Twitter https://twitter.com/elitecryptotool
Join Free EliteCryptotool @ https://elite.cryptokosh.com
Join us on Telegram @EliteCryptoTool
Twitter https://twitter.com/elitecryptotool
Join Free EliteCryptotool @ https://elite.cryptokosh.com
#Topic #PSYCHOLOGY
HOW TO FIGHT AGAINST EGO
Problem : The ego is responsible for the creation of excessive confidence, in a field where overconfidence kills since no one knows the future.
Solution : Keep your feet on the ground with our objectives, be humble and practice gratitude. 📝
Ego is the most dangerous emotion. When you experience a winning streak, you will feel that you are on top of everyone and this can cause excessive confidence 💁🏻♂️, but negative confidence ☠️.
When the price reaches the Take-Profit, it can make you feel as if you have the greatest victory, which brings you to fall into the illusion of "it's so easy" . Stay humble, disciplined and remember this series of bad trades can always come faster than winning streak!
Another major mistake to avoid is that traders with ego can add positions ✒️ when they see a trade that goes in their favor (or against them) they increase the initial risk without being tactical and strict to a plan. They tend to hedge position because they think they will always have a reason. They don’t like to accept that they are wrong.
The ego that many novice traders ignore is the belief that if they could make 20 points of profit using a lot adapted to 1 per point, they believe they can do the same, but with much more 10 per point. Each stage of development requires psychology and experience, do not try to skip steps, go ahead step by step. You will trade with big money just do not rush to start trading with logs unadapted to your account.
Not taking into account risk management in proportion to the amount of our account is a deadly weapon. Not only because your account has increased you should quickly increase the lot or positions. We are here to get the skills to be profitable on a real account, not to play the Wolf of Wall Street.
The ego can be easily combated, all we have to do with our state of mind is to keep our feet on the ground, setting realistic objectives respecting risk management. When you win a trade , the best is to stay humble and practice gratitude.
Each trade is unique. Each trade is exposed to a loss. When you feel the euphoria before launching a trade , the best is to move away from screens for a while to come back with a mindset without emotions. - NOTE THAT 📝👀
You should never trust in the markets.
HOW TO FIGHT AGAINST EGO
Problem : The ego is responsible for the creation of excessive confidence, in a field where overconfidence kills since no one knows the future.
Solution : Keep your feet on the ground with our objectives, be humble and practice gratitude. 📝
Ego is the most dangerous emotion. When you experience a winning streak, you will feel that you are on top of everyone and this can cause excessive confidence 💁🏻♂️, but negative confidence ☠️.
When the price reaches the Take-Profit, it can make you feel as if you have the greatest victory, which brings you to fall into the illusion of "it's so easy" . Stay humble, disciplined and remember this series of bad trades can always come faster than winning streak!
Another major mistake to avoid is that traders with ego can add positions ✒️ when they see a trade that goes in their favor (or against them) they increase the initial risk without being tactical and strict to a plan. They tend to hedge position because they think they will always have a reason. They don’t like to accept that they are wrong.
The ego that many novice traders ignore is the belief that if they could make 20 points of profit using a lot adapted to 1 per point, they believe they can do the same, but with much more 10 per point. Each stage of development requires psychology and experience, do not try to skip steps, go ahead step by step. You will trade with big money just do not rush to start trading with logs unadapted to your account.
Not taking into account risk management in proportion to the amount of our account is a deadly weapon. Not only because your account has increased you should quickly increase the lot or positions. We are here to get the skills to be profitable on a real account, not to play the Wolf of Wall Street.
The ego can be easily combated, all we have to do with our state of mind is to keep our feet on the ground, setting realistic objectives respecting risk management. When you win a trade , the best is to stay humble and practice gratitude.
Each trade is unique. Each trade is exposed to a loss. When you feel the euphoria before launching a trade , the best is to move away from screens for a while to come back with a mindset without emotions. - NOTE THAT 📝👀
You should never trust in the markets.
Did you know❓
30,380 or 88% of worldwide crypto ATMs are in the United States.
30,380 or 88% of worldwide crypto ATMs are in the United States.
You fight how you train.
Keep your mind-set always in a winning mode. Never show a weakness. Nor pity against your will | purpose | struggle. It's the discipline will get you through.
I have never been in Army due to my college education, and then later with graduate studies. However, I totally give a credit for not letting yourself to get too comfortable. Because you don't grow when you are comfortable. Flesh is weak...
Train yourself for upcoming crisis.
Heck, what's that? Change is an inevitable. But growth is optional.
So, when the time comes and change take place never start questioning. Once you're set on something, you don't think. You don't question anything. Use your energy how to move forward, how to step your next step.
Do-not de-stabilize yourself! Fight for what you want. Work like hell.
Keep your mind-set always in a winning mode. Never show a weakness. Nor pity against your will | purpose | struggle. It's the discipline will get you through.
I have never been in Army due to my college education, and then later with graduate studies. However, I totally give a credit for not letting yourself to get too comfortable. Because you don't grow when you are comfortable. Flesh is weak...
Train yourself for upcoming crisis.
Heck, what's that? Change is an inevitable. But growth is optional.
So, when the time comes and change take place never start questioning. Once you're set on something, you don't think. You don't question anything. Use your energy how to move forward, how to step your next step.
Do-not de-stabilize yourself! Fight for what you want. Work like hell.
Every success story has a focused and determined MIND.
Most are motivated lately building their Empire due to the latest pandemic going around globally. Going to school, decades of building career, and finally setting cash flow system ain't working anymore. Well, for most of us.
People want to work remote. Traditional 9-5 JOB with a good salary and health insurance ain't so much attractive anymore. With this job market is changing. And this is just the beginning...
Decentralization (DAOs, etc.) not just only hitting the markets with crypto currencies, but also altering the way society lives. It directly hitting our lifestyle mode.
So, where is your position here then? Is it too late for building your empire?
Nah. Still you are not late to the party.
By January 2022, still some 60% people all around the world have an access to Internet. But the problem is 99% of them are CONSUMERs! Not CREATORs. Due to that several 9-5 RAT RACErs, after long hours of working for "others", throw their precious moments and kill their time online via Netflix, instant chats, etc.
Practice 90/90/1 Rule:
1. Give yourself 90 days.
2. Manage 90 min with strict focus
3. Focus on one thing every single day
And remember that: if you believe whatever you are doing up there, you will be unstoppable.
Get busy with building your empire than being broke for the next decades!
Till then.
Most are motivated lately building their Empire due to the latest pandemic going around globally. Going to school, decades of building career, and finally setting cash flow system ain't working anymore. Well, for most of us.
People want to work remote. Traditional 9-5 JOB with a good salary and health insurance ain't so much attractive anymore. With this job market is changing. And this is just the beginning...
Decentralization (DAOs, etc.) not just only hitting the markets with crypto currencies, but also altering the way society lives. It directly hitting our lifestyle mode.
So, where is your position here then? Is it too late for building your empire?
Nah. Still you are not late to the party.
By January 2022, still some 60% people all around the world have an access to Internet. But the problem is 99% of them are CONSUMERs! Not CREATORs. Due to that several 9-5 RAT RACErs, after long hours of working for "others", throw their precious moments and kill their time online via Netflix, instant chats, etc.
Practice 90/90/1 Rule:
1. Give yourself 90 days.
2. Manage 90 min with strict focus
3. Focus on one thing every single day
And remember that: if you believe whatever you are doing up there, you will be unstoppable.
Get busy with building your empire than being broke for the next decades!
Till then.
How Does Crypto Staking Work?
Staking is a way of earning yield by locking up crypto through a centralized retail intermediary.
This article discusses staking, how it works, and how it is creating such high yields. It covers the basics of staking, why cross-chain DeFi will boost yields, the difference between APR and APY, the problems with DeFi, airdrops, and much more.
https://link.medium.com/ji13RVkBDob
Staking is a way of earning yield by locking up crypto through a centralized retail intermediary.
This article discusses staking, how it works, and how it is creating such high yields. It covers the basics of staking, why cross-chain DeFi will boost yields, the difference between APR and APY, the problems with DeFi, airdrops, and much more.
https://link.medium.com/ji13RVkBDob
Medium
How Does Crypto Staking Work?
Give a man a steak, he’ll eat for a day. Teach a man to stake, he’ll eat for a lifetime. Let’s explore the basics of crypto staking!
#MKT
Volume UP + Price ( rise) = Bullish ✅
Volume down + Price ( Falling)= Bullish✅
Volume UP + Price ( Falling) =Bearish✅
Volume Down + Price ( Rising) = Bearish ✅
🐻 💔🐃
Volume UP + Price ( rise) = Bullish ✅
Volume down + Price ( Falling)= Bullish✅
Volume UP + Price ( Falling) =Bearish✅
Volume Down + Price ( Rising) = Bearish ✅
🐻 💔🐃