Trading is not a lifetime job.
Trading is not a lifetime job.
I’m sure not all traders will agree with me but some could possibly be on my side…
Here are the reasons why;
1. It is quite stressful – old traders will soon give up due to mental health problems
2. It is not enjoyable anymore – nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth – traders never find it safe to use exchanges, even big exchanges.
Trading is very risky and to make money from it will be very hard. It is true that it will take much energy from someone and looking at the market and losing has been linked to health issues. Not only that. Also staying watching the market every time has been linked to trading and which can cause health issue also.
You do not need to leave your coins on the exchanges each day after you finish trading. You can move the coins to a noncustodial wallet. If you are good in future trading and that means you do not use leverage, you can use leverage to protect some of your coins on noncustodial wallet.