Bitcoin Forum

I'm not writing this because I want people to have pity on me or because I want to be merited, I'm saying this because I love to share  my experience  regardless to what people will say or think about it. I really learnt crypto in a very hard way and that makes me so bitter that I decided not to get myself involved in anything that concern crypto or any  investment. One fateful day I was just going through my WhatsApp when somebody sent me a quote saying.... NOTHING GOOD WILL COME OUT IF YOU QUIT. And that gives me hope back, I begin to go deep into crypto to understand the basic concept of crypto  and many more. To cut this short the reason why I'm writing this is to encourage those who have given up on crypto  because of one reason  or the other, you think you have make the worstest mistake to involve into crypto "no you haven't" the worstest mistake you will do is giving up and not learning from your past mistakes because the greatest lesson in life is learning from your own mistakes. therefore never count on your mistakes always count on what you have  learnt and achieved from your mistakes.

WINNER'S NEVER QUIT
QUITTER'S NEVER WIN

Honestly speaking it's not easy to stand on your feet once you failed too many times, I have a weak mind but the only thing that makes me get this far is because I have no other way, crypto is the only better option that can keep me alive, my country situation sucks and I have no choice but to rely on money making online crypto is a better option to that, thanks for the advice.

Sometimes it is better to quit

I think the idea of quiters never win and winners never quit has led some persons to early grave. There is no harm in quiting, it is better you quit than trying the wrong way. When you don't know how things work, quit. Quiting does not mean you cannot rejoin, just quit temporarily and acquire some required skills and you can key in again.

He who fights and runs, lives to fight another day and the same is the hero. So, it is good you learn how to do it than doing it wrongly all your life.

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Do you actually meant it when you said "Worstest"? ;D

Nothing is Impossible.

I am sure many of us here have gone through those situation. We need to first understand what we are dealing with as most of us here are just to make money. Everyone here has learned crypto the hard way as there is no one to teach you. I had been following many website and influencers in the past and I know they have always promoted something which makes them money. This is why I joined this forum and have been learning a lot here. Keep learning and you will be able to reap profits in the future.

Yes, winners never stop halfway before they achieve what they want but remember that winners also need a short break to calm down, especially if they have a loss. It was necessary to learn what they had done so that they could do even better than before if they came back.

We all made mistakes before, but we also need to learn from those mistakes not to happen again. To understand this, you need to stop for a moment, pondering what went wrong what needs to be corrected so that it doesn't happen again. That can make you wiser in dealing with every situation and condition in the market to adapt well.

I agreed. Sometime if the situation not favors us we quit and justify it by letting go. Its also the same when we relate it on trading. There are times we need to quit hoping and just let it go since we cant predict the outcome in our favor. Its just to say that cutting loss isnt losing our pride just because we lose. Better to come back when everything you dont know is already filled and win back big time.

There are different approaches of quitting so we first of all need to have clarifications on that part because sticking to something that will not give any returns then it's better to leave it.There are always difference of opinion and in my sense here are some of the different ways in which we can quit and we don't need to:

TRADING

Suppose you are into short term trading or long term trading then you also need to think according to the market reactions and sentiment because holding your position is necessary.So if you are getting continuous loss then should be stick to it always in hope of getting profits later on? Even if you get some profits then what if you have lost enough that would not compensate it? So it's better to leave it and be out for some time.There are two things in this also which i would like to add :

Shitcoins ---- Must Quit

Bitcoin --- Don't Quit

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Learning and focusing

So if you are learning about something and want to enhance your knowledge then never quit because we need to have strong mentality in that case.With time you will gain knowledge, experience and skills with lot of practice of that work but if you have decided to quit then you will never be able to achieve that thing so what's the fun of half knowledge? So it's always advisable in this case that at one point you will succeed so increase your learning abilities and results will be with you.

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Gambling

If you are playing for entertainment and fun purposes then it's fine but if you are getting too addictive then let it go and we need to Quit because it has lot of worse consequences so we should not involved any further.There are lot of stop gambling addiction program in which people tells and request to leave it.

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So you see there are different meanings of quitting and don't quit which we first need to understand and that will help us in long run..

This. Coming from my experience when I tried to do day trading back then, it didn't work for me in the first time but somehow worked "a little bit" in my second one but I was not satisfied with my results from that hardwork. It turned out that day trading isn't really meant for me due to schedule conflicts so I quit that trading strategy and just went on for long-term holding.
It was a better adjustment for me and my mental health starting from that. Sometimes things just don't work out in our way and that's really okay.

I agree with this that sometimes we need to quit to learn and start a new one. If you start your journey but you already knew that, that is the wrong way.
Sometimes people decides to quit but not means that they are loser or giving up easily but they will quit cause they will learn that the road they walked for a long /short time is not suitable for their goals.

Quiting is only for people who's afraid to face the harsh reality in life, mostly they will not became successful because they always tend to miss the opportunity what is given to them. I know its hard for someone to trust what's new to them but if they take a risk and adopt the changes and can able to handle whatever happens on the decision they made for sure success will follow later for this kind of people.

Quit is quit, taking things slow and using another strategy is always welcome but this isn't quitting it's just like taking a break, when you hear people say don't quit it means learning from your mistakes and adjusting yourself.

The right approach would be to assess and rethink the situation before quitting or proceeding. Sometimes the situation might call for a complete backing of (quitting) and sometimes not, but the main thing is not to make any rash decisions. But quitting is always an option and sometimes even a better option than to continue to bang your head against the wall.

People today would like to urge more to get learnings and earnings which is a good thing because they are getting more crave with the knowledge and skills always learn from the thing you are doing and don't give up if you think you are still can we have different paths on the way. If you think you can still manage to work on it and can resist the hard times go a head but again not all the time though pushing helps you to grow some times having other way makes your self the better person.

It's not bad to quit. There are good things to quit like quit being a quitter. I definitely agree with the "sometimes it is better to quit" that KingsDen stated. It is entirely depend on how you use the word quit. Sometimes it is not good and sometimes it is a good decision. Anyway, there are other people who experience worst than what you have been through. If it is about losing money when you first got into cryptocurrency then think about before you who also got into cryptocurrency and became a victim and lose so much money then consider yourself lucky if you haven't lose huge amount of money. If it is not that much or you are willing to lose it then use it to learn from that experience or mistake if you call it like that.

The thing is before dropping an effort on something make sure it's going to worth it, this is just like trying to choose between BTC and altcoins, it's sure that BTC have a better reliable future than altcoins so investing on BTC is less risky than investing on altcoins, don't quit on something worthy your hassle that's it.

Seriously I also learn trading in a hard way, when I started trading I don't really have anybody to guild me, I learn most of my trading strategy online, so when I was learning I really wasted money  because am a slow learner whenever am learning from videos, which I got to a level that I was not having any money with me, I was really disappointed and I was depressed, I want to quit trading but I didn't give up, later I discovered that it was the trading pattern that I was using that was why I was losing money then I changed my pattern.

What i want to render an advice, see in this situation or anything related to bitcoin is risk, you tried to adventure into bitcoin and it turns negative to you, that doesn't mean that cryptocurrency industry is not meant for you, really if you want to quite because of your observations and challenges you come in contact it's nice, but i would have like you to use your mistake as correction and its a better education and encouragement to yourself to know your loophole.

Well, whatever it is that gives you peace of mind and a good night's sleep. Quit if you must, I must say. The Bitcoin market is not friendly all the time, especially if you are a newbie who's always checking the price every now and then. If Bitcoin's volatility and risk are giving you anxiety and sleepless nights, and you can't take your eyes and attention away from its short-term price movements, then perhaps Bitcoin is simply not for you.

On the other hand, if we speak of the wider crypto market, failure abounds even more. One has to invest with more caution.

I will not agree to this part as sticking to something forever in the hope that at one point we will be gaining from it is not true in many cases.Like I previously mentioned in my post like some newbie investor has invested some amount in shitcoin with risk taking capabilities and is not ready to quit and later on project turn out to be scam or dead then what? Whether he became successful in his approach with dead tokens lying in his wallet? No so at this time if he had opted to quit early maybe he has gained some profits also.

You should be focusing on big picture and never quit is other thing which we associate with life that how many problems we face we should not lose hope and carry forward our journey but with our mind and eyes wide open to face the reality you are saying about.

I think it will be better if we replace Don't quit with never give up because quitting from something doesn't mean we gave up, sometimes we need a break to analyse what went wrong then only we can make it right if we actually faces the same situation in the future.

Don't Quit.  HoDL

Or buy physical crypto which is another way to HoDL  ;D

Sometimes, we don't need to be too rigid or idealistic about what we are doing. I mean, I think it needs to be wise to understand what exactly happened to us. Being wise doesn't mean that we need to quit. But here, we understand based on some consideration when to start, when to continue, and also when to quit. If it needs to quit at a certain time because of some consideration (not because of panic and stress), just do it in order to quit for a moment only or pemrnanet. But, exactly be wise in understanding when we want to really quit.
Additionally quit or staying will also depend on what kind of condition and activities that we are doing. QUit or stay will also need the consideration of pros and cons.
I have also an experience where I decided to quit trading future and cut the loss of my trading future activities. I lose some money.
But after that, I can focus more on trading spots only, collecting profits step by step with colder mind and calmer consideration than when I was in the future trading. I decided to quit because of some reason and I am really glad because I quit it. I don't know whether someday, I will continue to trade in future trading again or not.

However, it is different if we are going to quit from the crypto world because we are now experiencing loss, we are losing any hope, we are being stressful, and also panic because the market is going down, our portfolio is going dropped and then we give up and quit from everything here. After that, we accuse that crypto is something very harmful and scam. This is different.
If we quit because of feeling panic or something like that, I think we should consider it again, consider whether our asset is still able to be HODL and HODL or not. If we are in the panic sell off of our assets, it means different, it emans that we are losers.

This is absolutely true, I have been scammed so many times about learning and trading in crypto currency, i almost lost it, to be honest I was discouraged and say to myself I’m not doing this again, not until my own brother put me true into it, he learned about it in school so when he came back home he put me through and I found it absolutely simple, easy and interesting. He was the one that even introduced me to this forum. Crypto is really a very interesting thing. Never give up in what you believe in.

The first line of this quote came off rather funny but,its the sad truth.m Motivational speakers and there quotes have landed many in the pit that could have been avoided by simply taking a pause or even quiting to face a different direction. You can't succeeded in every sphere or field as not all field are meant for everyone. When you've tried all you thought you could and I still isn’t going in your favour, you ought to pause, look back on your traces if you could find any fault or even change directions.
Breaking principles like the principle of investing only what you could afford to loose could be doing it wrong. Just know your limit and when your crossing the lines.

Vince Lombardi, a famous American football coach, once said, “A quitter never wins, and a winner never quits.”
Lombardi works as a debt collector for a collection agency.
Lombardi's desire to start and support a family forced him to leave law school and get a job. Lombardi accepted an assistant coaching job. So a quote is built from the whole life experience of someone's life. if he said that sentence, it means he also sacrificed a lot and suffered a lot. To get the Actual charm of life we should not quite definitely but interest also matters a lot.
Our Interest makes our will it becomes our strength, it becomes a passion.

Yes, nothing good will come out if you quit. I agree with that, especially if you were already involved in crypto from a long time ago.
You have to be patient, keep trying to find more, because we don't know which one will give good results.
If you give up and don't learn from past mistakes then that is your worst mistake and you will experience it again and again.
Make that mistakes that you have done before as a spirit to rise from adversity and get different results from the past and never give up even though it is difficult.

im very proud of you, because most people when they fail then he give up but you are different and you get up and start learning more, i appreciate that, and i believe when we don't give up we will get fantastic results.

I  am learning and trying hard from 10 years. At start i wasted whole year on joining telegram bot airdrop but received zero $. But i did not leave this field and learnt from youtube and now with the Bless if Allah i have more than 5000$ and now monthly income is more than 200$.

See one thing we suppose to know is that learning is not compulsory because once you learn, you develop. frustrations is not an excuse to a failure indecencies that once you are getting the hit of disappointment it's the period of elevation or success, taking risk into whatever you are doing is another pathways of surviving, this theory is from my own views, i know many newbies will come across this thread, once you fail into whatever you adventure into, don't lose hope or feel reluctant, keep on trying, possibly it might yields a positive results later.

crypto is now a way out for everyone, there are no privileges in the crypto world....
everyone from any part of the world can make money from crypto but on condition that they have to work hard for themselves....
keep increasing knowledge, keep reading a lot, don't quit.

For the last 20 years I have been trying to make money online in a lot of different ways.
Revshare, MLM, Forex ... I don't think there's a way to make money online that I haven't tried.
With some minor and occasional successes, I mostly lost my money but unlike my friends I never gave up.
With cryptocurrencies, it’s a completely different story, and that’s where I finally started making money.
The most important thing is that we do not depend on anyone here, no one controls our money and investment, and everything depends on us.
If it weren't for my previous experiences, I probably would never have come here, and I'm grateful for that.
It is important never to give up but also to learn from your mistakes and not repeat them.

OP, your closing sentences are didactic. That's the right way to give oneself strength and purpose. Winners truly don't quit and those who quit don't ever win!

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Tarry awhile, don't give up hope. It's clear these past few years have been the hardest. I believe things will later take a sharp turn for better, regardless of the senseless war going on in Ukraine. The struggle for survival isn't an easy hurdle to beat for many. I know someone somewhere may be having it easy right now but they should remember that there are a greater number of people struggling to go by each passing day in order to make ends meet.

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Yes you are right that mate and as you said we have our own decisions so nothing can dictate us where we go, what we do in our life and in crypto world if someone got discouraged about his trading journey and then we must not be affected on that and we must study a lot so that we have a knowledge and have an Idea what to do In trading..
Every decision is good but it's matter on how we use it.

If the one you are doing now does not pay as you expected,quiting shouldn't be an option for you.They say quitters never win and winners never quit.The moment the spirit of quitting envelops you,then that's the beginning of your failure.In everything one does,failure stands as the experience,that is to say you must fail to succeed,and you must fail to have more knowledge on the field you are in.
The only thing one needs to do is to seek for more strategies,opinion,and ideas on the field.

NO, Actually, the greatest lesson is learning from other people's mistakes.

Think about this, it doesn't make any sense if you have to wait until you make a mistake before you learn, and what if you end up making a mistake you are not able to come out from?
So the best thing is, pay attention to other people's mistakes and learn from it, doing this will guide you to not end up making a  serious mistake(s) yourself, as we all are bound to make mistakes along the line cus no one is above it, but the more we learn from other people's mistakes, the less mistakes we make ourselves.

Observe then learn as well this is the greatest if we have observed minded and learn and well both statement is correct when if ( you can learn for your own mistakes) or you can earn from someones or other people's mistakes. Like what I said being observant is more vigilant. Good observant is a smartest human and these must be human have to learn and avoid such mistakes.

If only reality was as easy as we write it down, then many people would be successful easily and not easily give up. But unfortunately, sometimes life is not as smooth as we expect.
For things related to this one, this might be one of the reinforcements and encouragement for someone to keep going. \However, there are some notes to consider when actually going forward. The first thing is, are we really ready to move forward no matter what the risk? And is it true that our readiness includes having a new strategy, especially so that we can learn from investment or trading mistakes in the past? Or is it just a mere gibberish that is important to keep going?
Sometimes, we may need to quit, quit doesn't mean losing, but more logic and realistic than forcing yourself when we are exactly not ready. And it will also depend on what kind of quit, if we quit to prepare ourselves to be more ready with more knowledge and evaluation absed on the previous mistkaes, it is better.
Be wise with ourslef and our life.

Honestly, entering here is a choice and self-awareness so as much as possible we are responsible for the risks that may occur. It's really hard to say don't give up because in reality many people are starting to give up on the conditions of the crypto market. not unreasonable but indeed the current crypto market conditions are falling. as crypto lovers we know that this market condition is something that has happened several times and we need to wait for the price to rise again. but that's where we are tested how we manage our assets when the crypto market is chaotic. so the profit or loss that will be obtained really depends on how our role is in managing the crypto assets we have.

There are certain things in life that you need to decide whether to keep it or quit from it. Keeping it because you know you still have the chance to improve and prove to yourself that there is more that you can do. However, quitting from it because you know you're not growing from it and you're already missing chances on the field that you might be excelling.

In the end, its only you who can decide what's best for you. And OP, i think the term is simply "worst" as no such word as "worstest".

If those things affects your social life or maybe your health then you should quit when you think its time already, but for some opportunities which is presented on your doors then quiting is dumb decision to do. We are now on digital age and if bitcoin will be presented or crypto then newbie need to study this because this could change their life totally. If they quit easily because they think its hard nor they lose money for their first try then its their big lose because they are missing huge thing in their existence.

And sometimes we have to accept the reality that not all who never give up WINs, sometimes continue losing as they don't even bother to change their attitude and market strategy. That is why I said it wasn't a guarantee for us. Although we think that there is always a chance, however, if we never correct our mistakes, losing could still be what we get in the end.

Don't Quit but we have to do something to make it better, not just because we do hope. Winning will just happen if we work hard and efficiently.

YES, I've made mistakes too and of course any mistakes that have been made in the past can give you experience, can also be used as a reference for the following days.

I've been at the hardest times when I lost money in investments (scam project) or lost a lot of money betting on gambling. but experience has taught me to stay motivated, change my mindset, not be monotonous, and even now I'm starting to build a pretty good portfolio or at least make up for past losses slowly.

Quiting is never the best option in Bitcoin  despite the losses one have had,one still need to thrive forward and continue persevering in order to get to a greater height.They say quitters never win and winners never quit,that is to say that what ever you've started,never should you quit,because every day is not a bad day,one day will surely pay off and you will smile.
Instead of quitting,research more,read more,learn more and believe in your self,and never have doubt on what you can achieve.

I think if someone stop to rejoin again later that' is not quiting, things are not working well for the person,  so the person needs to plan well and learn  more, add knowledge to areas that has been dragging him/she back not to do better. To me quiting means  not planning coming back to continue. To me its better to when their is no improvement,  no knowledge than to keep on having loses.

Exactly, there is this quote in I-Ching which put it succinctly,

'what's not sought right way, may never grow'

I couldn't find proper version so this is my half assed version ???

Agree :), keep trying & learning from past mistakes! [+ don't be too harsh on yourself while trying].
Every experience is valuable unless you're stacked deep in a sort of illusion, then it might be pointless & you need to face the truth. :o

Taking a short break does not necessarily mean that you are quitting, its more on preparing yourself to be even better by gaining more knowledge and acquire new and improved skills. And once you returned, you will find yourself more flexible to address the problem and find best solutions on it.

However, quitting sometimes may also be the best option if you think you are not learning and not growing anymore. So instead of focusing to the same old thing while keeping losing, better to move on and engage into a new venture that will more suit on you.

We need to decide what is best and might be quitting is hard to take but for some reason, we have to do this and take if we see no chance. Don't quit or KEEP losing.
This is mostly happening to those who want shortcuts, those who come unprepared will certainly experience losses. It is a need for them to take some rest and help themselves to get ready. They don't need to worry about losing their chances coz it was still there, but what they must have to worry about is how to stop losing. Success comes next if they do those things.

Quiting I think makes no sense, but quiting for the right purpose and the right time  does makes sense. In as much as we shouldn't learn to quiting when it comes to life's challenges, I still believe certain things are worth quiting, then restrategize and at the end of the day you would thank yourself for quiting.

Sometimes you may be engaging in an activity putting all your energy, resources and giving it your best, but you may not be making any progress, how about you take a break( this doesn't imply that you are a loser), it's just an avenue to see why things are not working. The fact that some persons are thriving well at somethings doesn't mean its the best for you. Sometimes, all you need is to discover what is best for you and what you can do very well happily.

Quitting a job or business is not bad if its for a good course, but quitting the zeal to improve and press forward is not a good decision. That thing you are doing will definitely work out if you do not give up. No matter how rough the road may be, be determined to walk on it and you'll be successful.

Yeah, you got this just right!
Sometimes we talk about not success as though it often depends on perseverance or not quiting thee way! There could be everything wrong with not quiting the way because,, the way in itself could be wrong. The problem here then becomes, what is the right way? Very puzzling because, am sure no one likes to  fail but, this could be deduced it you could pause and analyse all your steps. If your careful enough, you would know where you started getting it wrong and should you wish to continue the way, you pres on from there, evaluating your every step. It's more easier said than done but, its doable.

No, I still believe this was the best option especially if we don't see any good to our journey. Remember that "we are all welcome in crypto, all can just try" but never does it say that everyone will understand the nature of the market and that is why many are leaving for good. Quitting is not a mindset of optimistic people but not all the time we have to sacrifice ourselves and our future. It is sometimes we need to step down and accept that our journey is not for crypto, it could be in other places.

Cryptocurrency is not a do or die affair, if cryptocurrency is not in favour to someone due to lack of knowledge,  lack patience to wait when the market goes dip and all this challenges are causing such person to lose money,  then it is better to quit immediately and to force yourself to crytocurrency.  In cryptocurrency quitting does not tell one is weak but can be a good decision to take for some certain reasons like loss and emotional stress.

Instead of dieing along the line cause of a certain believe that quiters never win and winner never quit, cause if you don't quit when the results of cryptocurrency has started affecting your health and it eventually leads to your death then that's another way of quiting.

So which is better quitting alive or through death?

It is advisable to have full knowledge of crypto before investing more on it ,one have to be willing to take the risk that comes with it, in as much as you are willing too, crypto gives you opportunity to make daily income,your ability to know when go ahead and when to withdraw is the reason why one needs to learn or gain full knowledge of it before investing more, not giving up and be ready to take a risk.

there is always room to go back to the drawing board, which could be another form of taking a break. quitting doesn't make you weak, in fact it is strength to know your limit and breaking point after you have tried all you could. we could also look at coping skills for loses and disappointment before we throw in the towel, so we don't end up regretting our choices. before you quit, ask yourself if you have tried all your options, will you be able to leave with the regret of your decisions, does it cause you more than what you are willing to lose?.

Sometimes, you've just got to quit the way!

This could be for a couple of reasons of which the most important of them could be to the fact that, its not yours. Do we really believe that, if we continue to put much effort, we can get it. I which to believe in that and the fact that, one could trace and correct there flaws but really, some paths are not just for you. You night end up wasting a lot of time and resources you would have employed or put in some other gainful endeavour.

Not quiting could mean trying a different way or trying it differently or a different thing/field entirely!

Nothing good comes on a plater of gold. Every successful trader and investor had that point where giving up on crypto was their every day thought. It takes patience and dedication to make a good investor. I can recall when i began it was like a time wastage but with total commitment i can attempt a new trend although still not perfect but their is a difference