You Only Live Once

We only live once. Yes, it is true, and there is nothing wrong with that sentence. Which is often embedded in everything about feeling all the happiness in the world. However, it is also customary to attach to religious teachings to always remember death because there is no going back and can correct all mistakes that have been made.

Commonly found and commonly heard in various ways and conditions of the human journey in life and used as a word of advice to remember about the situation.

However, this time this sentence is also known in the crypto world as a reminder to new and old players so that they are not easily immersed or tempted so as not to experience deep losses or can be said to be totally bankrupt.

YOLO (You Only Live Once), is usually heard with the word FOMO (Fear of Missing Out). An abbreviated sentence is usually used by traders so that they are not easily trapped in a crypto trade that occurs.

Mostly this is reminiscent of the emotional problems that occur in traders. Where is the problem of volatility, as well as ups and downs in prices and market conditions that occur so as not to be trapped for big losses?

Recently, things have happened in an uncertain situation, especially considering the condition of the news or writing that is being reported. From the problem of advertising words and words vilifying an existing market.

The word lure or an invitation to a big profit with a small capital is still the basic capital to bring people easily tempted. Let alone new players, old players can be trapped in conditions like this.

Holding emotions so as not to be affected in a volatile market condition is indeed very difficult to control. Moreover, only rely on the word luck or hockey only. Becoming a trader is not as easy as imagined, or as easy as following a lesson that already understands all the ins and outs and can give good results. But all of that still requires self-control.

Regulating a psychological attitude is not easy, even though it is one's own psychology. In the world of trading, there is certainly an attitude of wanting to make big profits but in the end, they end up losing big. And that is usually the result of not being able to regulate one's emotions when following a trade that is being undertaken.

For new players, it is usually due to a hasty attitude to make a decision. And in the end, only losses are gained. It's not wrong that many have succeeded in crypto by chance or without realizing it. It can be said that luck is indeed on their side. The problem is, is it true that luck is on our side just like that?

So as a reminder, the abbreviation of this sentence "YOLO" came out, as an alarm to remind us that indeed we live only once in the world, but we need to remember that because we only live once, make it a basis so we don't get trapped by the word loss. It is true that we live once, but that does not mean wasting money, or speculating, or relying on the word luck. Everything needs to be studied and it is necessary to control emotions when we enter the crypto world, especially the trading world.

Do not use this sentence as a word to jump in without a long thought. Do not use it as courage to enter the world of trading. It is possible to be reckless but reckless based on knowledge, mature thinking, and mastering one's emotions.

Remember that nothing comes instantaneously, everything needs to go through a process. We only live once, but make the best use of that life, don't let the regrets that come with living once. Enjoy life once as a momentum of life to get true happiness.