How to understand that you are making a mistake?

[Ulvajaya]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

I just experienced this incident a few months ago, a short story from friends that there is one coin that has good prospects for next month, but what happens is that the coin has not moved at all in the market until now.

I bought a lot of shiba coins yesterday, many people said that next month this coin has good potential, so I decided to buy it, but what happened was the opposite, this coin did not have good potential in the following month, after that I tried to find other information in various media.

How surprising, people assume only based on their thoughts, not through proper analysis, this coin has potential in the next year not next month, meaning we are wrong in trusting people without analyzing the coin ourselves, this is an important student for us to understand in the future.

I personally was also trapped by my ambition to buy a lot of shiba coins last month, I was consumed by media news issues so I spent a lot of my savings to buy these shiba coins, and I also heard many people say that next month this coin will be pumped very badly. extraordinary, and what happened today is the opposite, actually in buying certain coins don't be influenced by media issues or what people say but we need an accurate analysis or we are sure we are sure that we just choose the coin to be safe

[Shasha80]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

I just experienced this incident a few months ago, a short story from friends that there is one coin that has good prospects for next month, but what happens is that the coin has not moved at all in the market until now.

I bought a lot of shiba coins yesterday, many people said that next month this coin has good potential, so I decided to buy it, but what happened was the opposite, this coin did not have good potential in the following month, after that I tried to find other information in various media.

How surprising, people assume only based on their thoughts, not through proper analysis, this coin has potential in the next year not next month, meaning we are wrong in trusting people without analyzing the coin ourselves, this is an important student for us to understand in the future.

I personally was also trapped by my ambition to buy a lot of shiba coins last month, I was consumed by media news issues so I spent a lot of my savings to buy these shiba coins, and I also heard many people say that next month this coin will be pumped very badly. extraordinary, and what happened today is the opposite, actually in buying certain coins don't be influenced by media issues or what people say but we need an accurate analysis or we are sure we are sure that we just choose the coin to be safe

Never buy coins based on other people's opinions, because other people's opinions are not necessarily correct. The mistake you experienced
by buying shiba coins was influenced by other people, can make you aware that it is important to do your own research and analysis before
deciding to buy coins. Sometimes people just realize their mistakes in a hard way, have to experience losses first before realizing it.

[lienfaye]

Sometimes people just realize their mistakes in a hard way, have to experience losses first before realizing it.

We can learn a lesson through experience and its normal to fail if you're a newbie in investing, its part of the process and not unusual. Its a human nature to become greedy and the reason why even we are aware how risky the opportunity that we are getting into, still, we grab the chance because we are hoping to gain from it.

Unfortunately there's no happy ending on it and just an experience that can teach us a lesson to dont rush things, dont be greedy and take time learning before investing our hard-earned money.

[Gases]

Frequent operations are destined to make mistakes, and human greed makes us constantly expand our desires. Only when the loss is severe do we regret it. But such things have been repeated all the time.

[kanayaTabitha]

It's always a good way to find a mentor who already experienced in cryptocurrency to learn many thing and learn the best practice to minimize mistakes.
We have been hearing the sentences "Experience is the best teacher" , this is so true but we will run through many mistakes first if we don't have someone to guide us.
So, it's better to find some mentors to learn with.

[LyJones]

Every mistake is an experience. Some people will learn from experience. Someone will make mistakes again.
I buy coins every time the price drops. This is my habit. But some coins will die after I buy them when the price drops. So I will lose a lot of money.
But I can't change this habit. Maybe I want to learn more about market trends. Need to learn more about cryptocurrency.

[Galley]

Many of us have made mistakes, and many have done so quite deliberately, realizing that the risk of loss is extremely high. But the thought that I will manage to get out of the dubious enterprise in time with good profits does not want to leave our head. It seems to us that this will not affect us, but once again we are convinced of the opposite result.

[Quidat]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

If you are aware that you are making a mistake and still tolerating it since you do have belief that it could really give out some nasty profits later on then its your take and its a gamble.
You arent dumb that you wouldnt notice that you are doing a mistake but since we do really have that gambler in mind in terms of investment then its up to someone to take risk.
You wouldnt know until you do try because this is where we do make ourselves even more better as we do learn.

[ILuckyGuyI]

I had some experience in shitcoins before actually. Normally, I'm no more than a HODLer. But one time, I got really curious about these shitcoins. I knew that these projects were garbage but I also knew that I would be able to make a lot of money in the short term unless I don't miss the opportunity. And I decided to make some investment into a shitcoin. It really started increasing quickly a lot and I had to sell my coins before it was too late. Even if I was aware of this, greed made me do a stupid thing and I started waiting for more. But suddenly, the price started falling sharply and I was sad that I missed the biggest opportunity.