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RE: Why You SHOULDN'T Take Trading Advice From Anyone, Not Even Your Husband...

in #bitcoin8 years ago

I think trading is a game of discipline. I have never traded cryptos and wont until i learn their fundamentals . I have toyed with the idea of buying small amounts of some and then throwing them in the bottom draw for a few years. I think every year i trade i look back at myself from the previous year and realize that i didn't know as much as i thought i did. :)
In regards to taking advice , its human nature sometimes to want someones advice or opinion as it can then not sting as bad when you take a loss.
We must own our losses and not take or ask for other peoples opinion for anything other than food for thought.
A famous Warren Buffet quote is "Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway."
Wazza is a smart dude :).
Good post.

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thanks so much for this advice, really helpful, i need to definitely take time to do more research. and yeah wont be using others advice as anything except food for thought going forward!!!
love the quote as well! :)