Advice for Traders

One of the biggest pitfalls I've experienced as a crypto trader was dealing with periods of poor performance. When you roundtrip, or even worse, your portfolio goes red, your efforts feel meaningless. Suddenly the hundreds of hours of research, attention you gave to markets, countless sacrifices on other elements of your life feel worthless.

It's easy to spiral into a depression here. You really feel worthless, since you have nothing to show for. People talk about not getting shaken out in terms of selling your bags on dips but what's more important is not getting shaken out mentally.

Stable up, spend some time touching grass and on other parts of your life. Your skills are still there, don't let emotions bait you into rage trading. Patience rewards you.