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Author Topic: Learn from your mistakes  (Read 3844 times)
sherwinsamsung
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September 12, 2018, 11:52:17 AM
 #341

Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.

I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.

Thanks for your audience.

is memo a requirement every time xlm transaction is generated?  sad to hear that story.  i also committed many mistakes in crypto currency.
- listening to fud and following
- easily fell victim to scammers who offers too good to be true deals
- being greedy. not cashing out, always hodling

i learned my lessons the hard way, hoping i will remember all and not commit the same mistake again.

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September 12, 2018, 07:38:53 PM
 #342

Only their mistakes can bring to the person the benefit, after all from another's mistakes to the person it is not enough sense.
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September 14, 2018, 03:03:26 AM
 #343

It is nature or common for a people who use crypto to have mistakes in his/her trading and investments activities here in crypto industry. Most of us are lossing some funds because of those mistakes but don't be discouraged on ourselves, those mistakes will be a lesson for us not to do those mistakes again, don't be afraid on taking risks in order for us to be successful as a crypto trader or investor.
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September 14, 2018, 03:05:12 AM
 #344

I think its just really common sense to learn from your mistakes to learn, but you dont have to learn all the mistakes from yourself. Education and learning from reading from others mistakes too can be a very helpful way to avoid it in the future.

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September 14, 2018, 10:25:15 AM
 #345

We can avoid making the same mistake. for people which can learn from the mistakes, they will get something benefits which they will grow more than before and he can be able to make his profit again. Maybe he can recover his loss but one thing that he should know that he will have more skills than the other people because he can learn from the mistake.
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September 14, 2018, 10:29:55 AM
 #346

Everyone makes mistakes, but it is a very good quality to find out why and to learn from mistakes. This will make us stronger, thank you for your tips!

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September 14, 2018, 10:36:27 AM
 #347

Thank you for sharing the experience here, I will sometimes not follow the latest news about coins that I am holding and the result is that I lose XLM exactly as you have experienced. Fortunately, the nominal is not much, so I don't need to worry.

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September 14, 2018, 11:00:44 AM
 #348

the journey to be successful will not always be fun, surely we have made mistakes and failed, but we must remain optimistic and make these mistakes or failures as lessons so we can be better
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September 14, 2018, 02:46:53 PM
 #349

Learning from your mistakes isn't about changing what you taught is right, but improving of what you taught is just.
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September 14, 2018, 03:17:26 PM
Last edit: September 14, 2018, 03:38:19 PM by ityandsyn
 #350

Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.

I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.

Thanks for your audience.

     Well experience in the best method of teaching but do not blame your self of what  was happening during exchange , though many exchange are having a difficult to understand the steps in trading , that's why you've got a mistakes

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September 14, 2018, 03:35:05 PM
 #351

We learn everyday of our lives and its part of living but its funny how people still do not learn from their mistakes no matter how it hurts learnt alot from your story and i hope others will do same thanks
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September 14, 2018, 10:29:28 PM
 #352

Every day look in your portfolio - learn from their mistakes)
Every day studying its history transactions - learn from the mistakes.
And many, many, many more.

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September 15, 2018, 12:18:13 AM
 #353

That statement is very true and meaningful. Every mistake I draw experience and not relapse again. Only then can you progress
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September 15, 2018, 12:31:29 AM
 #354

There are some people who don't learn from other people's mistakes. They think they're smart and that's not going to happen to them. And they make the same mistake.

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September 15, 2018, 12:50:29 AM
 #355

It is a pity that in the world few people can learn from other people's mistakes. I'm one of them. When I started investing, I lost about $ 3000. In the foreground, I am very attentive and careful with investments. The main thing is not to give up and make useful out of mistakes.

Yes. It is very effective to used your mistakes to do better. You need to overcome what fault you did before, after you make it to success. You should always think positive and never gave up though you are down because of disappointment. However, you need to cheer up and try again until you succeed. Just put it on your mind that every people can have their mistakes that they can used to be better.

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September 15, 2018, 12:51:00 AM
 #356

Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.

I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.

Thanks for your audience.
It is a good idea to keep in mind. We need to learn from our mistake and then continue to move on with our lessons to make our life better.

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September 15, 2018, 12:55:44 AM
 #357

We can avoid making the same mistake. for people which can learn from the mistakes, they will get something benefits which they will grow more than before and he can be able to make his profit again. Maybe he can recover his loss but one thing that he should know that he will have more skills than the other people because he can learn from the mistake.
With the more we do, we have the opportunity to make better decisions in the future. This is experience so that we will have more knowledge. For me, a knowledge will determine how we will be in the future. Mistakes will make us learn to make the right decisions. Many people feel like a failure when they make a decision, but even though it is a good start in achieving success.
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September 15, 2018, 12:57:52 AM
 #358

Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study everything first (both new and old, because old things can still change), before jumping into it.
This mistake I have made up my mind to never repeat again.

I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.

Thanks for your audience.
It is a good idea to keep in mind. We need to learn from our mistake and then continue to move on with our lessons to make our life better.

Yes, people will always continue with the same mistakes which they cannot control their feeling when the piece is going down. So we have to be positive for everything we do, always plan yourself before doing anything.

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maydna
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September 15, 2018, 02:05:03 AM
 #359

Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study everything first (both new and old, because old things can still change), before jumping into it.
This mistake I have made up my mind to never repeat again.

I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.

Thanks for your audience.
It is a good idea to keep in mind. We need to learn from our mistake and then continue to move on with our lessons to make our life better.

Yes, people will always continue with the same mistakes which they cannot control their feeling when the piece is going down. So we have to be positive for everything we do, always plan yourself before doing anything.

this is why we need to learn to control their feeling in crypto so we can prevent to make the same mistake. without learning, we will make another mistake, and we cannot learn something from the mistake. it is sad if we cannot fix the error because if we do this over and over, we cannot make any profit in crypto and we cannot survive for a long time. feeling positive is good for us but if we cannot learn from the mistakes, it's no use, and we cannot grow our skill in crypto.

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September 15, 2018, 04:05:55 AM
 #360

Well, yeah I've learned a lot from my mistakes here in crypto. To become better, to produce better we must commit mistakes in order to make that happen.



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