Welcome back,
Today I am not going to talk about the market and rather I am going to talk about a habit that changed my life. It is a participation in the India United contest that is currently ongoing.
You can also participate in the contest by heading over to the contest link that is shared below.
https://ecency.com/hive-197685/@indiaunited/indiaunited-new-contest-and-last-0664c5599ed3
Before I start, a very short market update: Bitcoin, at the time of writing this blog, went below $87,000.
Now the habit I am going to talk about is related to this price movement. At this point of time, a lot of people have already exited from the market, and those who are still surviving the market are thinking about recovering their money back.
They do not want to make profit anymore, and maybe after this crash, they are going to think about leaving the market on less losses. So maybe if, for example, a person is in 70% loss, they might be thinking about booking their money and exiting the market at 40% loss. The reason behind this is the lack of patience, and the habit that I think has changed me is patience.
Patience is something that I did not have back in 2020, and I have lost a lot of money because of that. But now I practice patience, and that helps me look at the market differently, and it also helps me feel less regret compared to the previous time.
So for me, patience is the one and only habit that I think has changed my life, because I am a trader and I earn my livelihood from trading cryptocurrencies and writing blogs. So for anyone who is into this field, patience is the key.
That is why, if you are a trader, make sure you develop the habit of practicing patience always, no matter where the market goes. And not only in the situation where the market crashes, even when the market goes up, you need to have patience to take the right decision. If you have patience in yourself, no matter what you are doing in life, I think you are going to be successful.
That is all for this blog. You can share your habit in a separate blog and participate in the contest as well.
Thank you and happy trading everyone.
