CONSISTENCY AND MASTERY OF CRYPTOCURRENCY TRADING

in Steem Alliance9 months ago

Hello to everyone in this wonderful community today and in this great platform at large. I greet you all in good spirit and I want to believe that we all are doing just great today and if so we give God the praise for the sustenance of life and good health.

I welcome you all to another interesting weekend and I hope we are getting ready for the season as the time of the holidays is fast approaching and I want to wish you all a wonderful weekend and season greetings.

Today I am here to discuss another important topic regarding cryptocurrency market trading with you all and I know that today's discussion will open a lot of newbies eyes and give them more insight regarding cryptocurrency market trading so as to gain more confidence in themselves when trading in the market.

On that note I have titled today's discussion as CONSISTENCY AND MASTERY OF CRYPTOCURRENCY TRADING. I know that a lot of us might get confused and hence ask different questions regarding how one can be a master in trading or how one can master cryptocurrency market trading.

Do not worry for today I will be talking about this topic and this will give you more light regarding the cryptocurrency market trading and with this you can develop yourself to be good in it but for now I urge you all to sit tight and relax as I begin the discussion for today. I wish you a happy reading!


Before we begin to discuss about today's topic, it is expedient that we understand the concept and the terminologies that are connected to it and this terminologies are Consistency and mastery. I will be explaining these terms to you all and afterwards I will then relate it to the topic of the day.

WHAT IS CONSISTENCY?

The word consistency can be seen as the aspect or the scenario of a continuous process when performing an activity. It is regarded to as the ability in which a process is repeatedly carried out over and over again for the purpose of achieving a particular aim and objective.

Consistency is the force by which an individual applies to a particular action promptly and when necessary to actualize a specific operation and this in no time produces the actual result that is expected after carrying out the action times without numbers.

I hope with the above explanation that has been given by me, we have understood the term consistency and what it entails. Now let us more on to the next terminology which is mastery.

MASTERY

Mastery is said to be an action that has been mastered already by an individual. It is the ability by which a person knows a particular thing very clearly and vividly without any confusion on any aspect.

This is a scenario in which one is able to confidently carry out an assignment, activity or an action accurate and well without phobia and in the end the expected result or outcome is well achieved.

Mind you, mastery is the by product of consistency. When someone is not consistent in performing a particular activity or task it will be very difficult for that person to master or become a professional in the said activity. So in a nutshell, if you are not consistent in doing a particular thing, it will be very difficult and N almost impossible to master it so well.

Let's take for instance the steemit platform is a platform where you make articles and when a newbie signs up into the platform, the writing skills of that newbie will not be the same as an individual who has been here for now and when that newbie continues to write on this platform, his writing skills soon develops and he get exposed to other things and as such in no time he will be a master of his own pace especially when making articles.

He no longer need a guide as in before and at this juncture he gets to do things on his own and this is as a result of being consistent in the platform and always making articles on that same note you get to see him becoming a master in writing. That's just how it work.

All the above are examples or bedrock to give you more insight regarding where I am heading to today. It is all encompassed in today's teaching and having said that let us return back to the topic of today.

CONSISTENCY AND MASTERY OF CRYPTOCURRENCY TRADING

Now talking about consistency in cryptocurrency is the ability by which a trader stays diligently in the market as he continues to trade be it he is winning in the trading market or not. The continues process of trading give rise to a better understanding of the market and help you to mitigate risk and reward after executing your trade and failing countless times.

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Source

Consistency helps a trader to take various risk and also learn from his mistakes as he continues to launch his trade in the cryptocurrency irrespective of if he wins or not. With the consistent attitude, he or she gets to learn different things, different strategies and also knows what works for him or when during trading.

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It is with consistency that one becomes a master of what he does. If a trader launches the cryptocurrency market application today and then execute a trade according to his or her wish, unfortunately if that trade goes against the prediction of the trader and causes the trader to lose funds in the market.

As such the ability for that trader to go again in the trading is the act of consistency and with that, the trader will learn from the mistakes of the previous trade and then make a better strategy while executing another trade entry.

With the act of consistency comes the mastery of that particular thing and hence a better result is provided subsequently and this is as a result of not giving up on what you do. Consistency has proven to be an activity that helps traders to master their trade skills and develop better strategic plan while trading the cryptocurrency assets in the digital market.


CONCLUSION

In summary, when one is consistent with what he or she does, there is always a better result when compared with the former result and this is because lessons were learned in the course of performing the previous activity hence a better strategy is being employed to the current activity and that is why results are seen and confirmed currently.

Always continue the activities even if you fail because with consistency you will understand where you are not getting it right and the next trade might be better when all errors are corrected and when everything are put in check.

Thank you all for having me today. It is a pleasure and I hope this discussion was beneficial to you. Stay tuned!!

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 9 months ago 

Dear @solexybaba ,

We appreciate your active participation and contributions to our community. To ensure a positive environment for all members, we have implemented a set of guidelines to maintain respectful and constructive discussions while upholding community guidelines.



  • Review:
    This is an interesting post you have shared on consistency and mastery of cryptocurrency trading.

Keep sharing quality post in the community



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