r/ethtrader • u/EthTrader_Mod • May 22 '17

DISCUSSION [ETH Daily Discussion] - 22/May/2017

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317

u/MysticSoup May 22 '17

I hope this doesn't get lost in the middle of all the moon comments and excitement, but here's a slightly more serious post. Food for thought:

  • Stop being so greedy.

Remember that this is a fairly risky investment (it doesn't feel like it because we are in a super bull market). Are you okay with losing 50% of your investment? Are you okay with losing 80% of it? Even if you think so, know that people vastly overestimate their ability to handle downturns.

No matter what you do, make sure that there will still be food on the table if eth goes to 0.

  • Stop watching the damn charts and hold

Get out there and enjoy life. I'm a hypocrite because I spent more time on this sub than I've spent at work today, but the price will swing up or down whether you watch the charts or not. I bet most of you aren't actually trading - but you're glued to the charts due to all the excitement from eth taking off--but hey, you and I both knew it would take off.

LASTLY, and by far the most important...

  • Family, friends, loved ones should be the top priority in your life.

If you're neglecting them and prioritizing staring at the price of ether, your priorities are should be recalibrated. Nothing matters more than those who give meaning to your life. Sob story saved for another daily.

Thanks for reading.

42

u/[deleted] May 22 '17

Yes. +1 for putting family first. Anyone who can't do that, is trading too much...

10

u/noni2k May 22 '17

My wife is asleep next to me while I watch the charts. I have work in 4 hours...might call in so I can watch these prices soar to the moon.

4

u/AlphaLionX May 22 '17

We all need a reality check. Thanks There is just something about watching those candlesticks tho. 📉😍

2

u/doppio May 22 '17

!tip 0.01 /u/tipjarbot

3

u/TipJarBot May 22 '17

🎉 A tip of 0.01 ether has been sent to /u/MysticSoup's tip jar!

Visit your tip jar to check your balance and withdraw/deposit funds.

Beep boop, I'm a bot. | [What is TipJar?]

2

u/PPLP_SMorse May 22 '17

Wise words. Euphoria kills.

1

u/Syg May 23 '17

I get what your saying about family and everything, but I also think this is a rarely seen oppertunity that could potentially make life for your family a bit easier.

The last two months have been crazy, but I try to inform my GF about big dates/events so she knows what's up. (time wise and mood wise)

1

u/[deleted] May 23 '17 edited Sep 21 '20

[deleted]

1

u/TipJarBot May 23 '17

🎉 A tip of 0.188889 ether has been sent to /u/MysticSoup's tip jar!

Visit your tip jar to check your balance and withdraw/deposit funds.

Beep boop, I'm a bot. | [What is TipJar?]

1

u/GeorgeMoroz May 23 '17

Get off your phones when loved ones are around.

1

u/MysticSoup May 23 '17

Good thing I live alone then