As long as we are both winning and profitable am good, I don't do competitions it might not end well for your crypto portfolio

over 2 years ago

In my opinion, having a healthy competition is not bad as some of my friends say, because to them it helps motivate them, but I do not do competitions because it will just put an unnecessary amount of pressure on you and might cloud your judgment which can send your crypto portfolio that your might have been growing or built for years to an early grave, just because you want to prove a point that you are a better crypto or forex trader than your friend or the person you are having the competition with. The goal of every crypto or forex trader or any investor is to be profitable not kill yourself over someone else making more money than you, that sh!t ain't healthy to me and can send you back to square one, where you started from.

Source

Here is why I do not do competitions:

It is hard enough that the crypto market on its own Fu*ks with our mental health or thinking, now you doing a competition with someone else on who makes more money is just going to add unnecessary amount pressure on you, now combine that with the fact that you do not know the person level of crypto understanding and years of experience coupled with the fact that you do not know how large the person portfolio is, that is just you shutting your self in the head not in the foot this time because trust me, you do not know if your full portfolio is what the person risks on one trade, now tell me how you expect to make more money than that person.

When any little pump he or she can earn 3x your account or in any dip they can also lose 3x your total account worth and they would not even feel it but when you lose your account or even 50% of it you will go nuts or even fall into a depression, so why do that to yourself and go through all that drama and heartbreak just to prove a point that no one cares about when both of you can be trading at ease, making more money and growing your crypto portfolios without any unnecessary stress, drama and pressure on yourself, just trade, make money, be profitable and enjoy your money not lose it to one stupid competition.