Buy Red- Sell Green
Trading is not easy and the more you educate yourself the easier it becomes as many things are common sense if you start to dig deeper and analyze. Even then mistakes will happen and as long as you learn from them you will become more successful as time goes on.
Over the last week the one thing I am learning more than anything else is to take your profits as we have all seen candles turn from green to red removing whatever you had gained. Greed is our own worst enemy and having something is better than nothing. With my business sort of stagnated currently crypto is a ray of sunshine and tend to keep it shining brightly permanently through learning to trade.
This is my first bull market for trading and to be honest even though many things are up 400% plus since the beginning of this year we are only getting warmed up. The market has been so low in the doldrums for the last 3 years it wasn't that hard to increase ones portfolio just by holding as it seems like everything had to come up.
I felt like I had a crap week trading but managed to increase my portfolio by over 20%. If I can do that for the remainder of the year then I would be styling but we all know with good weeks come bad ones and why I am being so cautious. I think over the years I have learnt many valuable lessons and one characteristic that stands out is I am not greedy and would rather give than receive. Honestly 5% per week is big as you are compounding and one thing I have learned with Hive is that it starts to take affect and add up very quickly. Hive teaches you so many crucial things not just by how you earn, but about yourself as it replicates real life in many ways.
Like everyone I have my financial dreams and it is not to go and buy flashy cars and other superficial crap ,but more about sorting my family out. Helping my kids get a foot on the property ladder and making sure my mother is taken care of.
When we grew up she worked from 8am-7pm 5 days a week and had every second Saturday off and she deserves the best. The sacrifices she did have never been forgotten and why I am like I am due to how she did things. Your upbringing teaches you things and what makes you the person you are today. I appreciate everything as I have earned what I have the hard way with no head starts and helping hands.
I have decided to take my trading seriously as in doing everything properly so if mistakes are made lessons are learned and you move on. The idea of being able to help my family through the knowledge I am now learning excites me and has given me a new passion to try my hand and succeed at something I know I can. Without passion and desire you have no reason and may as well just invest and wait patiently for that project to take off. I have spent my life waiting on others and why this project is important for me to take control.
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