Bitcoin by Rocket Bomb๐Ÿš€๐Ÿ’ฃ29/09

Hello, dear friends!

I wanna share with You Bitcoin on weekly chart!๐Ÿ”ฅ

snapshot

Fibonacci Cycles are analytical drawing tools that consist of a series of vertical lines representing Fibonacci Time Zones with the lines spaced at Fibonacci intervals of 1, 2, 3, 5, 8, 13, 34, 55, etc from a previous high or low.
Fibonacci cycles are often used as part of a trend-trading strategy. In this scenario, traders observe a retracement taking place within a trend and try to make low-risk entries in the direction of the initial trend using Fibonacci levels.


Zoomed chart๐Ÿ‘‡You can take a look๐Ÿ˜Š

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Let's see the price at 1.618 Fibo cycles, and even lower!


Many traders (especially beginners) complain, that the market has ceased bring joy, it has become boring, and so on ...

The market is always the same, it's constantly moving! Your attitude is changing to the market!

To become a successful trader, you need to accept the market as it is!

Next, you need to develop discipline in yourself! YES - discipline!

Many people talk about motivation, but they forget, that discipline is more important than that!

There are two main ways to force yourself to do something:

โšก the first, most popular, is try to motivate yourself;
โšก the second, less popular, is to develop self - discipline.


What's the difference?๐Ÿง

Motivation is based on the erroneous assumption, that a specific mental or emotional state is needed to complete a task.

Discipline separates activity from moods and feelings and thus bypasses the problem. The consequences are staggering.

Simply put, you don't have to wait until you'll in Olympic form to start training. No, you train to achieve this form!!!!


Why discipline is more important than motivation ? IMHO๐Ÿง

Chasing motivation means, that we need to do only what we're in the mood for.

The trick is to cut the connection between feelings and actions, to do right thing anyway. You will feel good and energetic afterwards.

To achieve success with only motivation is the wrong way. You risk losing your enthusiasm very quickly.

Since real life in the real world sometimes requires people to do things that can't always be done only with enthusiasm, sometimes willpower is needed.

Motivation has a tiny shelf life and needs to be constantly updated.

Motivation is not the best foundation for your normal daily activities, and it is unlikely to help you achieve long-term results.

Discipline is a motor, that once started and constantly supplies energy to You.

For consistent, long-term results, discipline trumps motivation. Discipline is when you do something even when you're not in your best condition.

Discipline is more or less permanent, and motivation is fleeting.

How to develop discipline? ๐Ÿง

You need to acquiring habits - starting with small, even micro ones, gaining momentum, using them to make further changes in daily life.

THE MAIN ADVICE TO YOU: Even if it's difficult for you - fight!๐Ÿ”ฅ The hardest fight is the fight with yourself! But the victory would be so sweet๐Ÿ’ช๐Ÿป


Thanks for Your attention๐Ÿ™๐Ÿป

Stay in touch๐Ÿงก
Sincerely yours Rocket Bomb๐Ÿš€๐Ÿ’ฃ
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDChart PatternsrocketbombrocketbombbitcoinrocketbombbtcrocketbombforecastrocketbombmotivationrocketbombtradingTrend Analysis

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