You can go wrong!

[coinholic]

If we learn from our mistakes, what words of caution would you like to share.

Of course! We’re only human aren’t we? Man is prone to making or committing mistakes throughout his lifetime. And we are not exempted from doing such in this market. We can lose money by investing in shitty coins. We can be lenient at times and allow ourselves to be scammed. We can send alts to a wrong address. We can be lazy and be hacked. We can forget our passwords and/or private keys, and so on. A lot of things we can go wrong with...but we can always recover and learn from them.

[1715041942]

1715041942

[Bezobraznike]

If we learn from our mistakes, what words of caution would you like to share.

Of course! We’re only human aren’t we? Man is prone to making or committing mistakes throughout his lifetime. And we are not exempted from doing such in this market. We can lose money by investing in shitty coins. We can be lenient at times and allow ourselves to be scammed. We can send alts to a wrong address. We can get be lazy and be hacked. We can forget our passwords and/or private keys, and so on. A lot of things we can go wrong with...but we can always recover and learn from them.

   I will tell you a secret, wrote down your mistakes! World would be a
better place if we are not so forgettable! We are trying to remember
when we make a mistake but we forget that and soon we make another
mistakes. That is why people need to make several same mistakes before
they learn.
   Believe me the best is to write your mistakes, that is how you will never
forget them. Learn your kids to do that! We all make mistakes, but just clever
ones learns from one mistake.

[InGODweTrast3]

Take it easy , no metter  you are go up or  go down , just have a patience and you will be rewarded! And always help the needy!

[Mister1k]

Don't put in more than you can afford to loose. Learn TA. Spend time at bitcointalk learning about new hidden gems. Always do your due research before buying into an ICO. Do not fall prey to p&d groups.

What is that hidden gems you meant here Buddy. I am being in the forum more than 2 years i didn't hear about it. When I looking for ICO earning I go with the bounty campaign. For simple doing on Facebook and twitter. I can get the token easily after the ICO ends.
This is pretty more than the signature campaign earning on bounties side.
If you are afford to invest choose the right ICO with the help of wide range of ICO finding sites.

[Betwrong]

If we learn from our mistakes, what words of caution would you like to share.

1. Never deposit more than you can afford to lose on any exchange.

2. Don't buy new coins which were already pumped to the limit, they may drop several times during the same day.

3. Don't be too greedy, sell the coin on which you have made more than 50% profit.

4. Never panic sell established cryptos when they are falling, they'll surely recover with time.

5. Never trust developers/promoters of a new coin, do your own research, see what neutral parties say about the coin.

6. Before depositing on an exchange see what they charge for withdrawal first, the amounts can be surprisingly high.

7. Never think of yourself as an all-knowing, there are always people who are smarter than you somewhere.

[anylic]

The biggest mistake I ever made was to make a hasty conclusion without scrutinizing the details. You should also keep in mind the daily market news as it affects our plans. When investing in a new project you need to thoroughly research the project information

[Marvell1]

I think that this topic will be useful for beginners. Here are my recommendations:
1. Don't panic during the fall of the market;
2. Never sell a coin with losses;
3. Don't invest a whole deposit to a single project;
4. Don't sell all coins received from the bounty immediately.

[gurunanakji777]

Trading can be dangerous to those who trades on emotions and gamblers always loose in the end. Ofcouse we all learn from our mistakes that’s the first step toward success. Our mistakes always teach us new lesson. As a caution do not rely on others signal always believe in your analysis. I believe this is a long term market one should hold coins for long-term. whenever I sell my coins after somedays I repent because I always see market rose and then I always wish If I would hold some more days I can earn more profit but that is all learned by experience. Experience teach us patience now I understand it’s a high volatile market we should not panic. We daily learn new things to avoid the mistakes.

[nomenclatur]

Speaking of mistakes of course we all definitely get it and good if we learn from the mistake it will get better, so I will share my mistake when first following the bounty, because the first time it was tokens I received immediately I sell after listing in the market and I definitely get a very cheap rate and it turns out the token has potential and true in a few months the token is a 10x increment from the initial price with it there is a sense of regret for being too hasty in selling tokens, so now I'm used to not directly selling the tokens I get of the bounty.

[Zanetti83]

don't just invest because lot of people do that.
You need to also analyze and believe in the projects you are investing.

[Falmera]

I will say dont regret anything that we did in cryptocurrency world, learn from our mistakes to make us better.
dont be to greedy, sell when it is profit enough
dont participate if you dont wanna take the risk of

Yes it is so true. If we invest we will also take the risks. There are ups and down. There could be possibilities for errors. But what is important is that you can still handle yourself to stand, learn from those mistakes and get ready to venture again and again.

[krassy]

A few tips: do not hurry, read a lot, communicate on the forum, learn every day a new word, a new business, be patient, always make savings of about 10% of the earned money, be sure to do charity. These tips can be applied not only in the cryptocurrency world but also in ordinary life, so all good luck and good!

[lienfaye]

If we learn from our mistakes, what words of caution would you like to share.

The common mistake a holder keeps on doing is dumping his coin at the wrong time. Once have seen a sudden drop in value, he tends to withdraw the coin he was holding. Once investing, the basic rule is to hold at all cost (aside when your in need). Holders are keep on looking the graph, this made them panic which leads to selling. The best way to avoid this is to just set a particular time youll be checking what the price is. 

I agree thats the usual mistakes we can notice in every coin hodlers, panic selling to cut losses or trying to get back the initial capital.

Few reminders that I want others to remember and consider are:

1. Dont be eager to earn easily because there's always perfect time when to sell your coins and when to take profit.
2. Do an extensive research and dont base in others suggestion or advise.
3. Its fine to take profit at times, you dont need to wait forever.
4. This is not a "rich quick" way so dont depend only in cryptos.
5. Lastly dont invest what you cant afford to lose if you dont want to be frustrated in every dips of the market price.

[megi440c]

errors and failures will continue until you understand the error.
today may be our losses in investing but maybe tomorrow we will make big profits.
The real mistake is our science to be more careful in work, in investment, in all aspects of life.

[GFE]

If we learn from our mistakes, what words of caution would you like to share.

It is necessary to double check everything while dealing with criptocurrencies: wallet address, correct website of wallet/criptocurrency exchange to avoid fishing. Also learn about coins that you are going to invest to find the best time for investment

[Singwala]

Always remember your past mistakes so that when it happens it is now ready for you and you know what to do. And of course the patience is necessary. Not all opportunities are good in trading with the same day market crashes. So it should be remembered that if the market crashes you have btc btc to buy at a discounted price.

[almtu]

Everyone experienced the same in the word of mistake. According to what I had learned was prevention is better than cure. To be careful is better than nothing to be careful with. I think this is what I could say that the learnings is depends to individuals who experienced something wrong in life while not expecting the mistakes that committed.

[atomicgroup]

Believe in Bitcoin and never say negative things about Bitcoin or take from wrong sayings about Bitcoin from less knowledgeable people in Bitcoin, because it may one way or the other affects its price stability. Ensure you hold some Bitcoins  now, be patient with it for sometime, believe in its future opportunity. Who knows? you might be rich with it along the line.

[wpalczynski]

Don't get emotional with your investments and keep yourself updated as much as you can about their news (Telegram seems to be the best way to go nowadays).

[Lerikaweb]

The only thing I want to say : if you don't feel you are good enough at any kind of crypto activity,  don't go for it.  If you feel you are good enough -  go ahead.  But if you lose -  never moan,  it was totally your responsibility.