Hello everyone! 👋
While the price of the BTC coin stubbornly holds a steady course to new records, and at the same time, the MUBARAK coin chart continues to diligently form another accumulation step with a *possible additional dip (for a substantial capture of retail buyers' orders🟢), I will tell those traders who are interested a very useful story from my perspective, which happened to me.
In my publication from April 28, I promised to tell this in detail.
During my student years, I gained some financial independence from my Parents and Older Brothers and Sisters, as there is a tradition in our family - starting from adulthood, not to rely on Parents but to try to redirect financial returns towards them, so at that time I was working a little and receiving a scholarship - it was enough for living, and I also gave some money to my Parents, as well as saved a little each month.
At some point, like any ordinary student, I really wanted to buy my first car.
I looked at the prices for used cars and I would need an estimated amount equivalent to €4,500 - €5,000 for such a purchase, but at that time, considering my small savings as well as the amount for everyday expenses, I had only €750 left.
At that time, I did not even consider borrowing money from my Parents, Brothers, and Sisters, and there were no Exchanges with free access to trading Cryptographic or other Assets, so those times had much fewer opportunities.
Now, with the extensive development of the Asset market, including Cryptographic ones - very large opportunities have opened up for everyone.
I wanted so much to move around in my own car that the only right decision at that moment seemed to me to go to the Casino and play roulette 'For Luck'🪄
And it began:
The first time I bet the entire amount of €750 on Green, and I won, resulting in €1500.
The next time I bet €1500 again on Green - and I won again, resulting in €3000.
Then there was only a little left to reach €5000 and I bet €2250 for the third time on Red, as the probability theory statistics said that Green rarely appears three times in a row - and I lost🫣
The next small portion bets were the remaining €750 that I also lost completely and left there with no money at all.
Realizing too late that I should have stopped at €3000 or, at worst, after losing €2250 and gone home with the same amount of €750 that I came with to bet, but at that moment in the game, I was overwhelmed by the desire to achieve the set goal completely - and that deceptive feeling became my huge mistake.
The next day I had to step over my principles and ask my Brothers for a loan until the next paycheck for everyday expenses, which in itself was very humiliating and insulting for me, as I was already quite grown up and independent.
I will remember this lesson for life and I try not to make such mistakes again.
The moral of the story is this - never bet your last money, and if something suddenly doesn't work out for you several times in a row, first take a short break to rest from the process, regain your composure and tune in to the right decisions, and then act - it's never too late to continue!
**Dear colleagues, this opinion, reflecting certain events that happened to me and my thoughts, does not constitute any trading advice, guidance, or recommendation for action☝️
