What makes a trader successful

An accountant reveals what causes people to make losses. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.07T (+1,21%) 24 Hour Volume $37.04B (+9.64%) Notable Movers[(XEM) $0.06079]( (+48.57%) Notable Movers (DeFi)[(STX) $0.9245]( (+24.15%) Bitcoin Dominance 42,18%[(-0,01%)]( Bitcoin Price[(BTC) $23,541.00 (+1.54%)]( Ethereum Price[(ETH) $1,649.00 (+3.14%)]( Cardano Price[(ADA) $0,3642 (+0.32%)]( [Today’s Top Stories ]( Today’s Top Stories [What makes a trader successful?]( 🧐 A crypto accountant has revealed common traits of successful traders. On Twitter, nyoung.eth said many of those nursing losses had reinvested all of their profits — without keeping some to the side. They warned FOMO can be extremely damaging, and diamond hands can be overrated. It was also claimed "99%" of those who made profits had paper hands — or bought early. "It's a lot easier to make a 0.01 ETH gain 1,000 times, than it is to make a 10 ETH gain one time," they wisely wrote. Ultimately, they warned against bringing emotions into trading, adding: "Take profits while you can because chances are they won't be there a year from now." All of this comes as tax season looms large in many major economies. [😱]( A judge has ruled that emojis can be financial advice. All of this comes as Dapper Labs continues to fight a lawsuit over NBA Top Shot NFTs. Judge Victor Marrero examined a number of tweets made about the collection, and said: "Although the literal word 'profit' is not included in any of the tweets, the 'rocket ship' emoji, 'stock chart' emoji, and 'money bags' emoji objectively mean one thing: A financial return on investment." Other courts have ruled that emojis, along with GIFs, JPEGs, memes, pictures and "other wordless methods" of communication can be used in libel, harassment and criminal trials. And while this case was about emojis, there have already been rulings that the artwork in NFTs can be a form of speech as well. [Ukraine nets $200m in crypto donations]( 💰 Researchers have found that Ukraine's war-effort crypto fundraising outdid Russia's by 44 to one in 2022. But the advantage is slipping, blockchain intelligence firm Elliptic told the Financial Times. While Ukraine's early embrace of crypto brought in $200 million at the start of the war, including $80 million sent directly to the government, Elliptic said that the donation rate has dwindled while Russia's small-but-steady $5 million raise has kept pace. An analyst said: "Ukraine bet big on crypto by offering donation addresses literally hours after the invasion, and it did pay off. Twenty percent of grassroots funds coming from crypto is no small feat." The funds were used on things like body armor, helmets and humanitarian aid. [Judge holds hearing in the metaverse]( 👀 Really, when you're suing the police, the last thing you want is to have to struggle to be taken seriously. And how seriously can you take a court hearing in which no one has legs? A judge in Colombia has held a hearing in the metaverse, and they declared: "The use of this type of immersive technology aims to make current procedural trends effective, as it allows the presence of the same virtual space, even when people are physically in another place, without leaving aside the procedural guarantees and the principles of digital justice." While participants could join in via a video call — which looked like they were on a TV screen in the 3D courtroom — those with VR headsets could use customizable avatars that (vaguely) look like them. Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2023 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States