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A Solution For Crypto Trading Addiction
The elements of crypto trading addiction and gambling are a consistent risk that we must always be on guard against.

Are you Addicted To Crypto?

If you’re feeling muscle tension, if you’re feeling a slight background anxiety, if you’re checking the price of Bitcoin and altcoins several times through the day (and night), if you’re thinking about trading while you’re engaged in other activities, then you could be edging into the dangerous area of trading outside of your trading plan.

I must say that I’m as guilty of “the risk to trade compulsively” in these markets as anyone. It’s something I have to constantly guard against.

The emotions you feel while you are trading are much more important than many people acknowledge. The negative emotions created by the addiction-style compulsive need-to-watch-the-markets can begin to affect all relationships in all areas of your life – and even your health.
Self-Talk of a Typical Trading Addict:
- I can’t miss this opportunity, the market is going to explode any minute now.
- I need to keep checking the price to make sure I don’t miss out.
- If I don’t make a move now, I’ll regret it later.
- I have to keep taking risks and making trades to stay ahead of the game.
- I can handle the stress, I just need to keep pushing myself.
- Maybe if I just make one more trade, I’ll hit it big and all my problems will be solved.
- I can’t stop now, I have to keep going no matter what.
Addicted Trader Holding A Loser:

An addicted trader holding a losing trade might say to themselves:
- “I can’t sell now, the price will bounce back any moment”
- “I’ll just hold on a little longer, it will definitely go up eventually”
- “I need to average down my position, then I’ll make a profit”
- “I can’t let this trade be a loss, I need to keep holding and hope for the best”
- “I’ve already invested so much, I can’t afford to sell now and take a loss”
- “If I sell now, I’ll miss out on potential profits when the price rebounds”
An Experienced Trader Self-Talk

A long experienced trader may say to themselves while holding a losing trade:

“It’s okay, losses are a part of trading. I have a solid trading plan and I know that over time my strategy will lead to overall profitability. I’ll use this experience to learn and adjust my approach in the future.”

The difference between the two self-talk examples is that the experienced trader is more self-compassionate and focused on the long-term plan, rather than being overly self-critical and focused on the immediate loss. They understand that losses are a natural part of the trading process and use it as an opportunity for growth and learning. This type of self-talk helps the trader to maintain emotional balance and a level head while navigating the ups and downs of the market.

The experienced trader is more self-compassionate and focused on the long-term plan, rather than being overly self-critical and focused on the immediate loss.

Trading for Financial Freedom

Take a moment to reflect on what’s the main reason that you got into trading Cryptos in the first place? For many, it’s for Financial Freedom which is time freedom, security, comfort and all those things. I want to have my crypto money work for me, I don’t want to spend my time working for my cryptos.

So if I’m trading in such a way that it takes away from these reasons, then I am feeling stress. And so what’s the solution? The solution always is to change your thinking. To review your long term goals in all aspects of your life and then find a way to participate in the cryptocurrency trading that is going to open up more space for joy in your life – rather than causing muscle tension, background anxiety, constantly looking and thinking about the market.

Finding a Low Stress Approach to Crypto Trading

Instead of feeling stress when you can’t be there to make decisions on the market, instead of the feeling that the market may get away without you. Focus on a low time commitment way to trade crypto that opens up more time, more space for joy and success in your life.

If your trading doesn’t feel good, you have to review it.

It may require smaller trading positions, eliminate margin trading and eliminate leverage trading. And then refocus. Past performance is not indicator of future potential. Diversify your time in the many aspects of crypto trading and investing rather than just watching the charts to see when the prices are going to take off into the next pump.

It’s easy to get caught up in the excitement of the market, but if your trading doesn’t feel good, it’s important to take a step back and review your strategy. This is where emotional intelligence comes in. Emotional intelligence is the ability to recognize and manage your emotions.

When you begin to feel relief you are on the right track, when you begin to feel good you’re on the right track, when you’re spending less time managing your crypto trades (your crypto trades are working for you rather than you working for them) when you find yourself joyfully participating in other activities and you never even thought about your positions – you’re on the right track.

Overcoming Crypto Trading Addiction:
One of the first steps in overcoming crypto trading addiction is to develop emotional awareness.

You need to recognize the emotions that are driving your trading decisions. Seek the guidance of a financial health professionals. Read the book “Money Is My Friend,” and start to unravel your emotional beliefs about money that were scripted while you were a child. By understanding your triggers, you can develop strategies to manage them.

Once you’ve developed self-awareness, the next step is to develop self-regulation.

This means managing your emotions and avoiding impulsive decisions. Self-regulation is managing your stress levels or your energy levels by choosing to tell a different story in your mind. Start to incorporate stress-reducing activities into your daily routine, such as exercise, meditation, journaling, or spending time with friends and family.
1. For chronic or extreme stress, this author recommends attending a guided hot yoga class which combines physical movement with breath work and meditation.
2. The emotional rehearsal meditations by Dr. Joe Dispenza are also highly recommended.
These meditations involve visualizing a specific event or outcome that you desire, and experiencing the emotions associated with that event as if they have already occurred.

The idea is to create new neural pathways in the brain that are associated with positive emotions and outcomes, which can then help to reinforce positive behavior and reduce negative emotional states such as anxiety and stress.

Dr. Joe’s meditation retreats have been shown to be effective in reducing stress and improving both physical and mental health, including stress management and emotional regulation.
Balancing Crypto Trading with Other Aspects of Life

There is a time to work hard and put the hours into studying everything you can about Cryptos… to make your spreadsheets and to make your trading plans… but then there’s a time to stop thinking and to enjoy other aspects of life.

If you feel the signs of Crypto Trading Addiction, if you have been spending way too much time watching the markets, if it is causing stress in other areas of life… it’s time for some changes so trading take less time to manage – and you focus on more joyful activities.
April 21, 2023
Reducing Risk In Crypto Investments
More people are searching for proven approaches for reducing risk in crypto investments.

By following two simple risk control rules, it is possible to improve your returns and to effectively manage risk in your cryptocurrency investments – and at the same time resist the silky lure of price prediction.

How to reduce risk in crypto investments.
1. Managing losses in crypto trading
One of the most important risk control rule is to reduce or close your position unless it proves you correct. This means that if an investment is not performing as expected, it is important to reassess the situation and consider whether it is worth continuing to hold the position. If the investment is not meeting your expectations, it may be necessary to cut your losses and exit the trade.

This rule is important because it allows you to minimize potential losses by getting out of a trade that is not working in your favor. By holding on to a losing position, you are essentially doubling down on your initial error and increasing the risk of further losses. By reducing or closing your position, you are able to limit the potential for loss and to preserve your capital for future trades.

Another reason why this rule is so important is that it helps to prevent you from becoming emotionally attached to a losing trade. It can be easy to become emotionally invested in an investment, especially if you have a strong belief that it will eventually turn around. However, this can be a dangerous mindset to have, as it can lead you to hold onto a losing position for longer than you should. By following the rule of reducing or closing your position unless it proves you correct, you are able to maintain a level-headed and objective approach to your investments.
1. Increasing profits in crypto trading
The second risk control rule is to press your winners correctly without exception. This means that if an investment is performing well and meeting your expectations, it is important to take advantage of this success and to maximize your profits. This can be done by “pressing your winners,” or increasing your position in the investment.

This rule allows reminds you to take advantage of market opportunities and to push your correct position. By adding onto a winning position, you are able to capture a larger share of the potential profits. This can be particularly important if you are trading in a long trending market, as it allows you to capitalize and to potentially generate significant returns.

This rule is so important because it can prevent you from second guessing yourself and being too conservative in a position that has been proven correct. It can be tempting to take profits early and to lock in your gains, but this can also prevent you from maximizing your returns. By pressing your winners, you are able to stay engaged in the market and to potentially capture even larger profits.

Manage Risk, Don’t Predict Price

Managing risk is considered to be the primary job of a trader. This is because, while predicting price movement can be an important part of the trading process, it is ultimately not within a trader’s control. Crypto markets are especially unpredictable and require proven and tested strategies for following the trend while diversifying at the beginning of altcoin season. There are simply too many factors that can influence price movements, including economic events, new regulation changes, political developments, business failures, high level frauds, and even social and psychological factors… to name a few…

As a result, it is simply not realistic to accurately predict price movements on a consistent basis.
The primary job of a trader is managing the two sides of risk
- mitigating the potential for loss.
- maximizing the potential for gains.
A crypto traders primary job involves identifying and analyzing potential risks, developing strategies to mitigate exposure to those risks, and implementing those strategies effectively. Their secondary job is to increase exposure to risk when the trade is going in our favor.

Why 80% of New Traders Fail

By following a risk management approach that feels good and is easy to manage, traders are prepared in advance to preserve capital and maximize the potential for large and significant profits.

Why Do We Focus On Price Prediction?

Talking about price prediction is more seductive than talking about reducing risk in crypto investments for traders. It allows us to feel a sense of control in an unpredictable setting and we gain prestige and recognition from others when we are correct. However, it is important to recognize that price prediction is an unreliable activity and ultimately – it is not the primary focus of any pro trader.

Relying on our own price prediction it too heavily can lead to poor decision-making. If a trader becomes overly focused on trying to ‘be right’ on the direction and size of price movements, they may make trades based on their predictions rather than on sound risk management principles. This can leave a trader open to much bigger losses.

Top Crypto YouTubers and social media influencers may focus on price prediction because of a desire to gain approval from others and to earn income from views. This desire for approval can be particularly strong when it comes to activities that are perceived as challenging or prestigious, such as trading.

Price prediction leads new traders away from the job they are supposed to be doing…

For many traders, the pursuit of profits and success in the markets can be closely tied to their ego and their desire for social recognition. They may feel a sense of pride and accomplishment when they are able to predict price action and seek validation and approval from their peers and colleagues.

Trading Mistakes When Winning
Trading Mistakes When Losing

This desire for social recognition is a powerful motivator, but it can also lead to negative consequences in trading. For example, a trader who is overly focused on seeking approval and recognition may make risky trades in an attempt to impress others, even if those trades are not in line with their overall investment goals and risk tolerance.

Surrendering to the unknown can be emotionally challenging because it requires letting go of our ego’s desire to be in control and to have a sense of predictability. It can be difficult to accept that we cannot always know or control what will happen, and this can lead to feelings of anxiety and uncertainty.

However, surrendering to the unknown allows us to release our attachment to certain outcomes and to expect reversals against all of our best analysis.

When we focus on managing risk right now and not on potential results that ‘should’ happen, we naturally find a greater sense of freedom and peace in managing out trade positions.

In the context of trading, surrendering to the unknown is simply part of the job.

The markets are inherently unpredictable and volatile.

However, with a good trading plan we can learn how to let go of our need to control every outcome and to predict every price movement, we can free ourselves from unnecessary stress and anxiety and focus instead we assign that difficult work for our money to do on our behalf while we do other things.

Our only job is effective risk management. Our two risk control rules – reducing or closing your position unless it proves you correct and pressing your winners correctly without exception – are the keys that will keep you focused on reducing risk in crypto investments in order to tip the odds in the unfavorable game of trading… to your favor.
January 7, 2023
How The Laws Of Money Apply To Crypto
What Do You Think About the Laws of Money?

Get out your ‘Money Pen’ and your Trading Plan notebook. I have an exercise for you that I want you to take action on and I want you to follow through and do it.

Don’t just think about this and agree with it… I want you to actually take the action.

Taking action will show your subconscious that this new knowledge is already becoming a belief, and you are now making that knowledge into a habit.

I want you to write this down and have this answer for reference later, so that you can see if your answer changes over time.

My question is:

What would you do if all of a sudden you had some ‘extra money’?

Write down what you would do if all of a sudden some extra money came your way. Let’s not make it into a big lottery winning or something… imagine something realistic for you.

What would happen if you had ‘a little extra money’?

Write down your answer what you would do.

What would happen if you all of a sudden got ‘a lot of extra money’?

Again, write down your answer. What would you do?

Use your ‘Money Pen’, and physically write down your answers in your ‘Trading Plan Booklet’
you’ll want to review your answers in a few months or maybe a few years.

Keep a Trading Journal

There is no right or wrong answer, it is the action of starting to create a success journal so you can speed up how fast you improve your financial success!

Start the habit of writing your own trading journal. Write down your answers.

All successful traders keep a journal, for the same reason that all successful athletes keep a training log. It helps focus your mind back onto the next step in your long term goals.

We’ll talk more about how a trading journal can help you correct your errors to reduce your losses and how your trading journal will help you reinforce correct thinking and increase your profits! Your trading journal is really powerful. So start the habit now.

The Laws of Money

The earth and the cosmos works on exact principles.

The effects of gravity are so stable that we can land a satellite on an asteroid that’s going around the Sun.

We can do incredible things with science because the laws of nature are that precise.

And the laws of money are that precise and reliable too.

This video series will place some of that precise knowledge into your hands.

You will begin creating new beliefs, which will change your habits – and in time, change your results. Because the laws of nature are that precise.

How We Think About Money

It’s important to consider how you think and feel about money. Fact is, you have already been interacting with money your entire life – as a child, you were taught habits with money by watching others, and as an adult you now have your own experiences with money.

Unfortunately, many of us only learned our financial habits from the slick sales ads from banks and credit companies, who profit from selling us into debt!!

Starting today, I ask you to review and become aware of how you feel about money.

Be open and honest about what your habits are with money – so that you can reject the propaganda of the legacy banking systems, and finally start modeling the good thinking and good feeling habits that wealthy crypto investors already use… and which I will reveal to you.

The first focus is to show you how simple this is. and that anyone can do it.

You will soon discover this key: that money works for you – and not the other way around. You will discover how to change this new knowledge into an emotional, deep-in-your-gut belief. ‘Money works for me’. When you are in firm possession of this key, it will inspire action. Action that you can ‘drill for skill’ until it becomes a habit that is as familiar as tying your shoelaces.

And – you also discover why most people FAIL – and how to avoid the most common pitfalls.

How to Make Money

Later in this video series, I’m going to give you some knowledge about how to make your money work for you and have it make more money for you. We also review exactly how to make this knowledge into a belief that changes your actions. Change your actions and you can expect to change what you get as results. Changing your knowledge may not change your actions… so we need to know how to change our beliefs.

I’m going to show you exactly the specific steps of how I changed beliefs that were holding abundance away from me!

By repeating these principles over and over again, you can develop everything you need to make money, keep it, and make your money work for you! As you repeat small success after small success, you will feel excitement and enthusiasm – emotions that help to rewire the way your subconscious thinks and feels about money!

You are going to embed in your mind the mantra: ‘Money Works For Me.’

Repeat that three times in your mind: ‘Money Works For Me.’

You are going to prove it. You will experience the satisfaction – and the benefits. You will be happy to repeat the success until it becomes a habit that is automatic.

So here’s what I invite you to do…

As you go through my personal philosophy of financial success – I want you to think about how this applies to your specific situation – because not too long ago I was very much where you might be right now… I was struggling to pay bills. I was angry and resentful about money. I was passive-aggressive about budgeting, and as a result I had very little money.

For me, trading bitcoin on a well known exchange was like video game points. It was separate money from my bank account that had a very different emotion connected with it. I could leave it without spending it and instead I began to practice making it grow and grow… this is the very process I used to start fast – and I’ve never looked back!

Knowledge vs Belief About Money

Let’s begin with a review of how you think about money, and what effect those thoughts might have on making money and growing that money into a fortune.

To begin with consider the difference between having ‘knowledge about something’ and having ‘a belief in something’.

Would you agree that difference might affect actions that you actually end up taking? And isn’t it true that your actions lead to the results that you end up getting?

I’m going to share knowledge with you and demonstrate specific examples that have changed my beliefs. These new beliefs changed the actions I take with money – which, step by step, has lead to dramatically different and better results for me!

And I think these beliefs can do the same for you.

Start Slow and Certain

We begin with the focus of providing you a sequence of sure and certain financial successes – that you can repeat, and repeat – to build the all prosperity you desire and deserve.

You will prove to your subconscious mind that ‘money works for you’.

You, and many others who watch this video series, are going to become financially independent – I predict crypto millionaires – with a deep reservoir of assets. And then you’re going to purchase many fantastic fun things for your life!

Why can I make such a bold prediction?

Because…
1. You will see how easy it is,
2. what specifically to do,
3. and how to build the beliefs that create new habits, that in the long run, assure your success.
Putting this knowledge into action can change your beliefs about money – and change the way you interact with money in all areas of your life.

What is Risk Capital?

We are starting out our investing with Bitcoin and cryptocurrencies because we can start off with micro-amounts of ‘Risk Capital’ to begin investing and growing our money.

Starting with micro-investing with bitcoin allows us to skip some of the steps that investors had to go through in the past. We no longer need to set up an account with a brokerage firm and deposit thousands of dollars to place our orders while paying high commission fees in order to start investing.

Risk Capital is money that you could lose and it would have no effect on your assets, it would have no effect on your savings, and it would have no effect on your monthly bills and expenses. Risk Capital is truly ‘extra money’.

The Risk Capital Hierarchy

Ideally, if someone taught you about money when you were young, you would already have the ongoing habit of saving part of your earnings. When the savings accumulated enough, you would purchase assets. Your assets would produce revenue – which could be used as Risk Capital in speculative investing.

If you are like me when I was beginning, you have a poor relationship with money and have no savings.

You must start out finding ways to earn free Bitcoin. And while Bitcoin is money… it’s kind of separate from our regular living and job earnings with FIAT currency. So the little amounts of digital currency can be lost without risking your rent or mortgage payment, or your groceries…

Because these micro-bits of money can be lost without any consequence to you – that fits the definition of ‘Risk Capital’, no matter how small you are starting out. For me, this is the ‘killer app’ that Bitcoin represents – the possibility for anyone to start of from nothing and begin micro-investing to establish new habits and new thinking about money.

You are at an advantage to learn these financial strategies with cryptocurrencies because ‘Risk Capital’ has different emotional feeling connected to it, than does your survival money.

Speculating and Investing vs Gambling

It is important to make a distinction between speculating and gambling. Our focus is to stay away from the gambling mindset. I’ll explain more about that later – but this course starts off with the long term, careful and considered mindset of an investor.

Remember the chant ‘Money works for me’,
and not ‘I’ll be lucky with money’.

All of us are emotionally connected to money because it is part of survival, security, comfort and freedom. When you have lots of money everything’s a lot easier – when you don’t have money… not only are circumstances more difficult, but you may begin to doubt yourself.

I know. I’ve been there. I’ve had a long years of financial struggle. At the base of it, I put this book together as my own University. I compiled the best lessons I learned and created my own universe(ity) so that I become more successful with money, and so I would become a better trader and earn profits consistently – as fast as possible.

Many trading gurus focus on the technical parts of trading and skip over the personal motivations that give us the power to overcome difficulty and keep going when success is not immediately evident. In order to make ‘successful trading’ a long-term habit, you must have a personal connection with your deepest motivations.

Be sure to watch our videos on setting goals for success in crypto trading.

Thank you for joining me on this journey on understanding how The Laws of Money Apply To Crypto. We have more than 50 videos in the planning, and your questions have already grown our list! Please leave your requests in the comments below any of the videos in this series!

Thanks again, be sure to hit the Thumbs Up and subscribe and hit the notification Bell icon so that you receive notice when the next video in the series is published. Sign up on our website to receive the video sequence for free and to learn about our premium services.

Trade Safe and Keep Those Losses Small
August 28, 2022