Bitcoin’s 50%, Matic’s 74% dump, & Litecoin’s 50% pump: Traders take on catching the fal…

When I first discovered cryptocurrencies, the technology behind it, and the ethos, it made me feel part of something big. After doing meager research and knowing that I could only invest what I was willing to lose, I tested my luck in trading, a wildly volatile asset class, that could either give you massive gains or gut-wrenching losses.

I put up my first trade and I could see profits sizing up right before my eyes.

I was printing money!

It was a fuel that fired my instant-gratification-seeking mind. I loved it. I wanted more of it, even after I suffered my first loss and liquidation, I was hooked.

Little did I know that it was going to be a journey of losses and continuously staring at the screen waiting for BTC to tick higher, away from my liquidation point. Before I knew it, I was addicted. Yes, trading and the rush that came with it.

This is perhaps, the ultimate reason why most newcomers fail to trade profitably and quit. Trading is more than just luck, it is a…