The Loss That Taught Me

[Wakate]

I once held onto a coin as it dropped, convincing myself it would bounce back. Instead, it kept falling. Selling felt like failure, but holding felt worse.

That loss hurt, but it forced me to face reality: not every project recovers. Risk management isn’t just advice,it’s survival.Have you ever learned more from a loss than from a win?

It looks like this is your very first time of losing money as an investor. I will like to ask you some questions so to know what could be wrong some how.
Did you made a research before buying the coin?
What inspired you to invest in the project?
Was the idea from your friend or from crypto influencers online telling you those coins that are going to pump soon?

If you can answer these questions based on your decisions when you invested in the project, maybe I can help you with some advise or how to filter altcoins from the market that are not going to keep you in the mold.

[justdimin]

I once held onto a coin as it dropped, convincing myself it would bounce back. Instead, it kept falling. Selling felt like failure, but holding felt worse.

That loss hurt, but it forced me to face reality: not every project recovers. Risk management isn’t just advice,it’s survival.Have you ever learned more from a loss than from a win?

Loss if our best teacher. We will never learn without actually having any loses. Loses will financial hurt but they will mentally prepare for the upcomings. We all have made mistakes in the past and learning from those mistakes was one of the best thing that might have happened to me. Once we learn, we will never repeat that mistake again if we really learnt anything from it.

We should just not loose hope and keep faith in ourselves as good things are about to happen after we learn from those mistakes. I've made worst mistakes in the past which I don't even feel like talking now but those mistakes were my guru. They taught me how to survive in this world. Not just with cryptos, but they gave me overall life experiences.

[danherbias07]

Yes.

During the ICO days, failure was a common thing. You buy cheap coins for a project that is promising, and then suddenly everything goes south. You don't buy, but you support them and get rewarded for it by an airdrop, and it also drops.

This is a good experience in my opinion. We learn from it. After what happens, we doubt every project, and so we check it and go deep into analyzing before we invest.

[Akbarkoe]

Learning takes a long time, and the most important thing here is profit. The market is very cruel to people who are fanatical and overly optimistic without considering the risks. Optimism about a coin must have strong fundamentals to serve as a foundation for its strength, proving that the coin is indeed valuable, the project is running, and it is making a profit. As long as that is the case, you can gain confidence. If the coin project you hold does not have good liquidity, then the profitability of the project is also highly questionable, and the project will slowly die out. Not many people realize this in the world of technology or investment.

If you realize this today, you should have already learned that portfolio allocation must be carefully managed—don't fixate on a single project as the hope to change the market situation.

[SATWAT]

A win just proves you were right, but it does not teach you anything.  You learn from losses that make you say, I wont do that ever again.  Thats how you actually get smarter.

Not all those who lost are learning. They can say that they won't do it again but that was actually their last. Some can try but they can still get the same mistakes again, though at least they still try and that is still better than quitting immediately. It is still best to get an early win because that won't delay us and it just proves that we are doing well.

I also had a similar story when Luna was going down O thought its a very good time to buy the dip on which i also lost much more when u see a coin falling better quit asap

This occurred before the bad news about them came in? So for sure many have done that thinking it is only normal. If not, this is why it is better to do our own research first before investing so that we know on why a coin dumps and if it is still safe to buy them or not. If you are holding a coin already and then it dips, it still depends on the coin you hold for you to decide to quit on it or continue hodling.

[markm]

If an asset falls to zero that should just mean you can get it all to yourself for free.

So start by imagining the whole thing is yours, you have it all to yourself, for free.

From that starting-point you can gain a whole new perspective on how valuable it can potentially be and how to go about causing it to have value and how to increase its value.

Think in terms of "money is IOUs".

A medium, such as a coin or token or piece of paper or legal-sized document or whatever, that you can use to represent your IOUs, that others can carry and store and trade so you yourself no longer even know, and maybe need not always even care, who exactly holds how much/many of it/them, can be a useful contrivance.

Having a supply of coins or tokens or paper or whatever - a medium, media - which you can use to keep count of how much you owe, without needing to keep track yourself of who you owe how much of your outstanding debt to, can be useful.

It enables others to express their degree of confidence in you and/or your abilities or competence or potential or worth or value by how many or much of your IOUs/outstanding-debt they hold.

Thus a coin or token going to zero need not at all be a bad thing.

It can, in fact, be a media to breathe value into simply by valuing (buying, offering to buy, redeeming or offering to redeem, honouring or offering to honour etc) it yourself.

If you do not value it yourself hoping or expecting others to value it is not always a good idea.

In particular if the only reason you imagine it has or could someday have value is that other people seem to at least be pretending to value it, possibly even to the extent of actually buying it and/or placing buy offers for it themselves, you can relatively-easily be led astray, so try to figure out why you imagine it to have or potentially have value, and try to focus on what has value to you yourself regardless of whether anyone else values it...


-MarkM-

[Accardo]

Yes.

During the ICO days, failure was a common thing. You buy cheap coins for a project that is promising, and then suddenly everything goes south. You don't buy, but you support them and get rewarded for it by an airdrop, and it also drops.

This is a good experience in my opinion. We learn from it. After what happens, we doubt every project, and so we check it and go deep into analyzing before we invest.

Failure teaches faster than anything else, in crypto, failed projects reshapes new buyers to do extra tasks at choosing where to invest next. I wouldn't want to assume that freshers learn with experience than warnings. But the people doing this harsh tutorial, ain't good to the market and are destroyers. Some victims go away after getting rugpulled. Only persistent people stay around to ask questions on what to do next. If deviousness in the crypto ecosystem is now seen as a lesson, it'll be bad for the market when the teachers gets overwhelming.