I guess I'm a tortoise too. In fact, when I first got into the crypto world, I was trying to grow my money quickly by trading. But after a while I realized that this was more of a loss than a profit. It didn't take me long to realize my mistake, so I feel lucky. People who do not understand these things have done the same as me, but I think they have turned from their mistakes.
Now, as a tortoise, I care about the project. I have no intention of making quick money. There is a high probability that the money that is earned quickly will turn into money that is lost quickly. :) The first thing to do is to be patient.
I also wrote in one of the previous articles, I think it was Ruma's portfolio article. MacaronSwap is a project that makes me feel safe in this regard. And I'm talking about the money a tortoise can earn in the slowest but safest way. I think, of course.
The staking system gives me a certain amount every day, based on the amount of coins I have. So I think it is very safe. Even though the price has dropped 2x, I'm not really upset.
This and similar projects make a lot of sense for "a tortoise".
Thanks for the article, Mark. It was very enjoyable.
I take it from the bottom and if it falls, I make calculations and find my own inferences, so I can get it again at a lower resistance, depending on the course of the situation.
Thus, I think that I can lower my loss average and get more profit in the long run.
Patience is the key.
It's like a balance game, you either choose to feed the big fish, sell by listening to the FUDs and add some more money to their coffers, or you learn to act with them and try to understand the market.
You know... Tortoises might be slow to act (I think they are quite fast tho), they also live longer than rabbits. Because rabbits accumulate too much of stress. They need to consume more since they are more active.
As you mention, we can adopt this situation to the market. Rabbits always seem like they are winning, but at the end they lose. If you have a will like a tortoise, then there is nothing to be worried, because when it comes to the end you will be the winner.
The story of the tortoise and the rabbit sums up the situation we are in right now.
The golden rule of the stock market is patience, patience, patience.
but it should be noted that too much patience is not good either. When a coin rises 2x or 4x, people do not withdraw their money again, while trying to rise a little more, they see that the money melts.
so we should always take the profit principal and part after the rise.
While BTC is at its highest level in history, those who withdraw their profits from the exchange are now buying altcoins at low prices.
Anyway, there is no need to prolong it, if you are interested in the stock market, your personal characteristics should be suitable for the stock market, those who panic immediately cannot succeed here.
I'm a turtle just like you. Although it is boring to wait in the long term, it is not a troublesome process for me.
I have read all of your plans, valuable comments are available. What we need to do is add more to our cart when prices drop. Thus, we increase our profit margin even more.
We can make better profits in the stagnant market by opening leveraged trades, not only in stop trades, but also in such times.
You may have heard dozens of stories where the greed to make a lot of money all of a sudden ended in great disappointment. this is not wise, this is not sustainable, you should know that if your greed takes over you, you are doomed to lose. 20x's, 50x's and more... ok, we've tried them all. But we learned that it wasn't. So what should we do? The answer is in the article above. wise small small but always small steps forward. Good planning and patience will be a great start to win. a turtle :))
The risk-taking potential is very different. People are taking risks even with their last money. They sell their cars and buy crypto. In my opinion is very wrong.
I have unfortunately seen cases of suicide in my country in such declines. It's important to adjust the risk.
If the money there bothers you or disrupts your health, I think he should leave immediately or reduce it. It's bad for people to experience and learn things like this, but it usually happens.
I know someone who sold his motorcycle and lost money in X shitcoin. He doesn't have a motorcycle now.
It might be better if we listen to experienced people without experience and go down that path.
I'm a turtle, too. At first I started as a grasshopper. I kept jumping. I finally managed to lose sixty percent of my balance during the bull season. I don't know if anyone else can do it but me.
Then I became a turtle. Being a turtle allowed me to double my balance in two months. And it's fun to be a turtle. It's not boring. You're watching your surroundings in detail. You're doing analysis. It's a privilege to look outside events.
I like being a turtle. That's my crypto philosophy now! I'm a crypto turtle. It would be great to do that in the NFT. Turtle Writer :)
I find it better to proceed in a planned manner with slow and sure steps. I practice similar things as you do, because there is no such thing as getting rich right away.
Turtles are slow but live long. It's up to you to live long and profit in the long run in Bitcoin. The most logical thing is to buy and hold it right away, with the turtle logic, you can earn high profits, but your money will come a little late, that's all.
As I always say, patience is very important in the crypto world.
Just like the story of the hare and the tortoise, if you act hastily and quickly, you may be distracted and lost by something, but I am sure that you will get positive results if you act patiently and slowly like the tortoise and stay on your way.
Remember, at first we all thought the rabbit would win, but we were wrong. In other words, the job is not to be fast, but to move slowly and examine thoroughly.
If you have the patience you can achieve anything in this world if it's possible but if you don't have the patience you can't achieve anything ( This Line Changed Me 4 Years Ago And I gurantee you that i never looked back ) If you are reading till now don't forget to read the whole story
It was 2016 It's been just Months after investing in BTC and i was thinking to invest in some other Coins and i did invest in some but after that it started pinching me Cause i was seeing that their prices were just dumping and dumping and i decided that i need to take some action and Thought " Something is better than Nothing " and i Sold the Coins after making just a 10% loss ( I wrote just cause many people sell at 70-80% capital loss nowadays just because of these words ) and after that time passed and The coin was rising back and after seeing that i started thinking about this and changed my whole thought and my friend was the one who teached me about Various things and how paper hands lose their money and Diamonds hands believe on project pays off :)
I guess I'm a tortoise too. In fact, when I first got into the crypto world, I was trying to grow my money quickly by trading. But after a while I realized that this was more of a loss than a profit. It didn't take me long to realize my mistake, so I feel lucky. People who do not understand these things have done the same as me, but I think they have turned from their mistakes.
Now, as a tortoise, I care about the project. I have no intention of making quick money. There is a high probability that the money that is earned quickly will turn into money that is lost quickly. :) The first thing to do is to be patient.
I also wrote in one of the previous articles, I think it was Ruma's portfolio article. MacaronSwap is a project that makes me feel safe in this regard. And I'm talking about the money a tortoise can earn in the slowest but safest way. I think, of course.
The staking system gives me a certain amount every day, based on the amount of coins I have. So I think it is very safe. Even though the price has dropped 2x, I'm not really upset.
This and similar projects make a lot of sense for "a tortoise".
Thanks for the article, Mark. It was very enjoyable.
My strategy is similar to yours.
I take it from the bottom and if it falls, I make calculations and find my own inferences, so I can get it again at a lower resistance, depending on the course of the situation.
Thus, I think that I can lower my loss average and get more profit in the long run.
Patience is the key.
It's like a balance game, you either choose to feed the big fish, sell by listening to the FUDs and add some more money to their coffers, or you learn to act with them and try to understand the market.
You know... Tortoises might be slow to act (I think they are quite fast tho), they also live longer than rabbits. Because rabbits accumulate too much of stress. They need to consume more since they are more active.
As you mention, we can adopt this situation to the market. Rabbits always seem like they are winning, but at the end they lose. If you have a will like a tortoise, then there is nothing to be worried, because when it comes to the end you will be the winner.
I liked reading this article, thank you!
The story of the tortoise and the rabbit sums up the situation we are in right now.
The golden rule of the stock market is patience, patience, patience.
but it should be noted that too much patience is not good either. When a coin rises 2x or 4x, people do not withdraw their money again, while trying to rise a little more, they see that the money melts.
so we should always take the profit principal and part after the rise.
While BTC is at its highest level in history, those who withdraw their profits from the exchange are now buying altcoins at low prices.
Anyway, there is no need to prolong it, if you are interested in the stock market, your personal characteristics should be suitable for the stock market, those who panic immediately cannot succeed here.
I'm a turtle just like you. Although it is boring to wait in the long term, it is not a troublesome process for me.
I have read all of your plans, valuable comments are available. What we need to do is add more to our cart when prices drop. Thus, we increase our profit margin even more.
We can make better profits in the stagnant market by opening leveraged trades, not only in stop trades, but also in such times.
Thanks for your comments and article.
You may have heard dozens of stories where the greed to make a lot of money all of a sudden ended in great disappointment. this is not wise, this is not sustainable, you should know that if your greed takes over you, you are doomed to lose. 20x's, 50x's and more... ok, we've tried them all. But we learned that it wasn't. So what should we do? The answer is in the article above. wise small small but always small steps forward. Good planning and patience will be a great start to win. a turtle :))
The risk-taking potential is very different. People are taking risks even with their last money. They sell their cars and buy crypto. In my opinion is very wrong.
I have unfortunately seen cases of suicide in my country in such declines. It's important to adjust the risk.
If the money there bothers you or disrupts your health, I think he should leave immediately or reduce it. It's bad for people to experience and learn things like this, but it usually happens.
I know someone who sold his motorcycle and lost money in X shitcoin. He doesn't have a motorcycle now.
It might be better if we listen to experienced people without experience and go down that path.
Thanks for the article.
Have a nice day.
I'm a turtle, too. At first I started as a grasshopper. I kept jumping. I finally managed to lose sixty percent of my balance during the bull season. I don't know if anyone else can do it but me.
Then I became a turtle. Being a turtle allowed me to double my balance in two months. And it's fun to be a turtle. It's not boring. You're watching your surroundings in detail. You're doing analysis. It's a privilege to look outside events.
I like being a turtle. That's my crypto philosophy now! I'm a crypto turtle. It would be great to do that in the NFT. Turtle Writer :)
It's still early, there's still some time to fill your bags. The future is bright with Bitcoin.
I find it better to proceed in a planned manner with slow and sure steps. I practice similar things as you do, because there is no such thing as getting rich right away.
Thank you for your article
Here are some valuable suggestions to consider.
Turtles are slow but live long. It's up to you to live long and profit in the long run in Bitcoin. The most logical thing is to buy and hold it right away, with the turtle logic, you can earn high profits, but your money will come a little late, that's all.
Thanks for the article.
As I always say, patience is very important in the crypto world.
Just like the story of the hare and the tortoise, if you act hastily and quickly, you may be distracted and lost by something, but I am sure that you will get positive results if you act patiently and slowly like the tortoise and stay on your way.
Remember, at first we all thought the rabbit would win, but we were wrong. In other words, the job is not to be fast, but to move slowly and examine thoroughly.
Thanks for the article.
The most important one is the Patience
If you have the patience you can achieve anything in this world if it's possible but if you don't have the patience you can't achieve anything ( This Line Changed Me 4 Years Ago And I gurantee you that i never looked back ) If you are reading till now don't forget to read the whole story
It was 2016 It's been just Months after investing in BTC and i was thinking to invest in some other Coins and i did invest in some but after that it started pinching me Cause i was seeing that their prices were just dumping and dumping and i decided that i need to take some action and Thought " Something is better than Nothing " and i Sold the Coins after making just a 10% loss ( I wrote just cause many people sell at 70-80% capital loss nowadays just because of these words ) and after that time passed and The coin was rising back and after seeing that i started thinking about this and changed my whole thought and my friend was the one who teached me about Various things and how paper hands lose their money and Diamonds hands believe on project pays off :)
My new thought is
( Sometimes Nothing is better than Something )
If Anyone read it till now
Thank You So Much ❤️🔥
Jean de La Fontaine approves this article!