How To Achieve Balance Between Bitcoin Trading And Your Personal Life
The prospect of quitting crypto altogether – everything it stands for and the culture that comes with it – is anathema to most.
Being in crypto is like supporting your football team; it’s less something you choose, and more something that’s thrust upon you.
Buying bitcoin is akin to being inducted into the Mafia: once you’re in, you’re in for life. But life isn’t always understanding, and for some, cursed by their own greed or poor decision-making, cryptocurrency can become a source of Fortune, or a millstone around their neck, and a dead weight more burdensome.
It's little above 3 year I'd joined Bitcoin trading business, I can tell it's very addictive especially, if you are making good profit daily through trading.
Humans are obsessive in their habits. We have a tendency to do things 100% or not at all. That’s why guys will hammer the gym six days a week or stay rooted to the couch, and women will yo-yo between dieting and binging.
Cryptocurrency, like all of the best things in life, is best enjoyed in moderation, but that’s easier said than done especially when you are making your money through it. Human wants they said is insatiable.
Most people have the ability to step away from Bitcoin Trading when crypto starts to take over. But for those who struggle with impulse control, taking a complete break from cryptocurrency may be the only option. Walking away in the depths of a bear market (falling prices) is one thing. Staying away when the next bull run (price increase) kicks in may be quite another.
Tips:
1. Build downtime into your schedule.
When you plan your week, make it a point to schedule time with your family and friends, and activities that help you recharge.
2. Use price alert feature to save time.
Price alert feature helps to save time and limits the time you spent on the screen of your computer or smartphone trading Bitcoin. As a professional Bitcoin trader, I make use of price alert feature that Luno Exchange platform provides to save time, and it offers me more opportunities to do other business and personal chores.
Related Post: How I Make Money Daily Trading Bitcoin On Luno Exchange
3. Learn to trade professionally.
The best way to achieving balance between bitcoin trading and personal life is to trade professionally. To trade professionally, you need to be trained to do just that.
Trading professionally involves knowing when to buy and the right time to sell in order to make good profit. This can be daily (in my own case, I trade daily), once in 3 days or weekly. Whichever one you chose learn to make good profit out from it. It helps greatly to relief stress.
Trading in this way means knowing how to analyze price trend, price channel and volume analysis as well as bear and bull price prediction.
Knowing that what you ventured into is fruitful and highly rewarding is very much comforting.
4. Drop activities that sap your time or energy.
Many people waste their time on activities or people that add no value -- for example, spending too much time with a friend/colleague who is constantly venting and gossiping. Take stock of activities that don't enhance your career or personal life, and minimize the time you spend on them.
5. Know when to stop and stay away from trading.
Trading and price fluctuation never stops. Set your time or goal. When you reach it, stop for that particular day. The opportunity to earn more from Bitcoin Trading will also present itself the next day.
Wish you the best of lucks trading Bitcoin. Learn how to trade professionally and make more guaranteed daily profit. Click here to learn how.
credit: Tochukwu Dillion M.
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