Today, digital trading is everywhere. What's your greatest asset in this emerging market? What is it that sets you apart from the competition and enables you to win? Many prospective would-be crypto traders are asking themselves this question while cryptocurrencies are being mined on a daily basis, blockchains and secure wallets are being constructed and released at breakneck speeds, and investors are pouring money into the NFT (nonfungible token) market.
The answer is - again, much like your performance in computer games and eSports - that your own brainpower ultimately determines your success. To make a profit on the market, you'll need the capacity to think clearly, recognize patterns, and make lightning-fast decisions. There are literally millions of people trying to get in on the greatest gold rush that this generation will ever know. And you need to find an edge to win.
Why crypto trading is unlike other types of trading!
Day or swing-trading is less concerned with the market's fundamentals, and more about the fluctuations that take place over a shorter period of time. It's nerve-wracking and demands a unique set of talents and skills to succeed as a trader; it also necessitates thinking outside of the box.
Trading on the right side of the market requires intense intellectual brainpower. By firing up powerful neurochemicals associated with problem solving and cognitive flexibility, you'll have more neural resources at your disposal to process complex information quickly.
Developing a Sixth Sense
Ground-breaking research in neuroscience shows that our brains are designed to perceive trends even when we are not consciously aware they exist. After an event occurs just two or three times in a row, regions of the human brain called the anterior cingulate cortex and nucleus accumbens automatically expect when it will happen again. If the event does repeat as we had predicted, dopamine is released, flooding your brain with the sweet, sweet rewards of neurochemical goodies. Thus, if a stock goes up a few times in a row, you reflexively learn how to anticipate it - and the pathways in your brain will change accordingly.
Nootropics for Better Trading
Given how closely the ups-and-downs of the crypto market are linked to our own brain chemistry, it makes sense that many top performers and crypto millionaires enhance their trading abilities with nootropics. Here are 5 must-have tips for better trading that may benefit from nootropics:
Keep Your Emotions Under Control: Traders need to be able to maintain their composure in order to properly assess the uncertain movements of the market. When we trade emotionally rather than thinking things through rationally, we suffer from inefficiencies and losses. Nootropics may help maintain the mental calm required to prevent us from acting impulsively out of fear, greed or excitement.
Simply Nootropics Elevate includes three key ingredients that can help here: L-Theanine to help ease anxiety, Ashwagandha to help stabilise chemical conditions in times of stress, and Bacopa Monnieri (Brahmi) to promote a sense of clearheadedness. Trading is stress-inducing - so offset it with the calmness of nootropics.
- Brain Gains: Traders need to be able to process and synthesise information quickly - you can't get an advantage if you're struggling with the basics of investing, like maths and probabilities. Neuroscientists have discovered two chemical substances in Lion's Mane mushrooms - hericenones and erinacines - that promote brain cell development. Lion's Mane is one of the most effective mushrooms available for cognitive performance, having been used in Eastern medicine for thousands of years. It's no surprise that Lion's Mane is one of the most popular nootropics used as a cognitive enhancer to assist people to perform better in the business world and give entrepreneurs an edge.
Simply Nootropics Elevate includes a therapeutic dose of Lions main suitable for everyday use and support memory and cognition.
- Anticipate Trends When You Can't See Them: It's one thing to see a trend after it happens, but being able to predict its likelihood is an even more lucrative talent. Nootropics may help us to develop a "sixth sense" for market patterns, helping us find trends by boosting mental focus and acuity. Alpha GPC supports the production of acetylcholine, a neuro-transmitter that is important in memory and learning - key components in pattern recognition.
With Alpha GPC, and Choline BTT, Simply Nootropics Elevate is giving your brain the choline power it needs to create neural connections.
- Neural Efficiency: A lot of people believe that what separates the top traders and investors from those who lose is "neural efficiency". Neural efficiency is a way of describing how well brains process information, which can help us make decisions rapidly with clarity or choose the right decisions from a range of options. Bacopa Monnieri is one of the most popular nootropics used as a neural enhancer because it increases concentration and memory. In traditional Indian medicine, Brahmi is used to improve memory retention and cognitive function, helping us process information quickly without making mistakes.
How do you sleep at night? Hopefully, on enormous piles of money: Did you know, sleep-deprived financial traders make lower stock market returns? The better you sleep, the more effective your brain will be. L-Theanine promotes relaxation without drowsiness, which means it won't make you tired like other calming supplements. It's perfect for staying sharp when it counts. One study has even shown that L-Theanine can significantly improve alertness, accuracy, and attentional switching - which is why it's so effective.
NMN also supports our natural circadian rhythm - so we can sleep when we should and wake when we should - without the grogginess of waking up multiple times during the night. And by improving the quality of your sleep, you'll increase your sensory acuity and reaction time, and be far better prepared to take advantage of early-bird market opportunities.
The people who are most successful with crypto trading are the people who can spot an irregular pattern or trend that has potential for profit, can manage the chaos, control their fight or flight response, and keep a calm demeanour. For some one-in-a-billion people, this is a breeze; for most of the other suckers out there, it's a gamble. Then there's us, the select few who have the right gear to take advantage of this very unique period in history. Nootropics elevate our game by giving us the edge we need to fight harder, think smarter, and stay on top of the competition.
There's no need to wait until the market is good before you start using these supplements. Combine life-enhancing supplements with a proven trading strategy, and trade fearlessly. The first investment is your mind.