Why Doing Nothing Can Be Your Best Crypto Trade | Simon Mach

Sometimes the hardest crypto trade is the one you don’t take. Ryan from The Dad Ledger sits down with Simon Mach, founder of My Crypto Paradise, to explore crypto trading psychology, risk management, and the discipline to wait when a setup doesn’t fit your system. Simon explains his “risk first, trade second” philosophy, how emotions can lead to overtrading, and why early wins can create false confidence. He also shares his experience of making money without a strategy and then losing it all. The conversation covers Bitcoin market cycles, institutional participation, scalping versus swing trading, leverage, stop losses, Fibonacci retracement levels, and building a trading system that fits your personality. Whether you’re new to cryptocurrency or struggling with emotional decisions, this episode offers a closer look at the thinking behind a disciplined trading process. Connect with Simon: Website: MyCryptoParadise.com LinkedIn:   / simonmachcrypto   X: https://x.com/simonmachcrypto YouTube:    / @mycryptoparadise   CHAPTERS 00:00 Why doing nothing can be a trading position 00:37 Meet Ryan and Simon Mach 01:08 Risk first, trade second 03:10 Trading losses and the urge to act 03:57 Buy, sell, or do nothing? 04:54 My Crypto Paradise: education and trading services 06:06 Market cycles and the danger of overtrading 08:21 Simon’s market outlook: ETFs and institutions 11:38 Choosing a strategy for the market cycle 14:30 Scalping, swing trading, and holding explained 15:30 Leverage, position sizing, and risk 18:25 Dopamine, uncertainty, and trading discipline 22:19 Simon’s biggest mistake: confusing luck with skill 25:17 Handling a portfolio in the red 27:01 Getting started: education and building a system 30:02 Choosing coins without emotional attachment 31:35 Stop losses and Fibonacci retracement levels 32:57 Inside the My Crypto Paradise trading community 34:29 Final lessons and closing thoughts What’s harder for you: taking a loss or waiting without placing a trade? Share your experience in the comments. Subscribe to The Dad Ledger for more conversations about crypto, markets, and financial decision-making. This episode is for educational purposes only and is not financial advice. Market outlooks and trading examples reflect the discussion at the time of recording. #CryptoTrading #TradingPsychology #RiskManagement #Bitcoin #TheDadLedger