Hello friends, in this article, I will tell you how to behave as an investor and how to correct what you did wrong.
If you're ready, let's start ...
Gambler; It chases after quick and easy money.
Trader; Sustainable, slowly but surely advancing in pursuit of wealth. He sees his money as a worker. He looks for ways how he can run it long-term and efficiently.
Gambler; There is no specific strategy. It trades randomly according to tweets and coin pumps. It treats centralized or decentralized exchanges as casinos. It continues until there is nothing left. Because he doesn't think about the end. He thinks he will win the next time...
Trader; It proceeds with a solid strategy that has been backtested, keeping in mind that there is a risk of losing. It determines the entry and exit places, and sets up the trader setup by keeping the size of the investment under control. It can do short-term data trading. Can implement medium-term weekly strategies. It shapes its long-term investments and does not touch …
A good trader learns gold 3… Fundamental, Technical and Chain analysis…
Learns what price charts mean in technical analysis. It makes its own analysis over time…
It looks at daily hard drops, weekly and monthly charts. He decides whether to debut or not. Because there are thousands of daily and hourly sharp drops …
Gambler; It doesn't care about technical analysis. It follows whales as basic analysis. It does not make incremental purchases. Initial uptake is high. He thinks he will be rich, but he is not aware that he is entering a bear market.
Gambler; Leveraged transactions begin immediately.
Trader; It does not make leveraged transactions at first. He knows that high leverage is risky. Even if he trades leverage, he knows well that there is a risk of losing his entire investment. He knows that he is not in the spot market.
Gambler; He tries to collect all the money on the table. Unless he collects it, he loses his ambitions and all his money…
Trader; It learns over time that he cannot collect all the money on the table. It doesn't turn the short term into a long one. It does not turn the long term into short and take your profit and run away. Sample; He decides that he will sell his Shiba coin for $0.001. It is long term. It can do 10X in the short and medium term. But the trader looks at the big picture...
Gambler; It feels the need to trade every day. Most of them lose … Grasshopper makes one jump, two jumps, third …
Trader; Sometimes it does not trade for a month. Confirms trend reversals. Makes short-term transactions in accordance with long-term trade setup… Example; It makes gradual purchases to reduce the cost of coins in its long-term plan…
My last words; I hope this article has mirrored you ...
Are you a Trader ... ?
Or
Are you a Gambler... ?