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Author Topic: Learn from your mistakes  (Read 3844 times)
winterland
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September 22, 2018, 09:39:53 PM
 #381

i try to learn from my mistakes, but what I like more is learn from other people mistakes.
I analyze their experience and try to avoid same actions if they cause to loss or time wasting.
That is a great way to learn, there is no point in making mistakes when you can learn from the mistakes of others, this is why the forum is a great source of information because not only you get to see the successful strategies that people use to get money in this market, but you also get to see the strategies that they use when they lose money and that kind of information is worth a lot.
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jcojci
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September 23, 2018, 05:07:24 AM
 #382

The process of learning from your mistakes will need time, and we need to stay focus while we are learning so we can get some good lesson that might be useful for our future. I am sure that if we can take a lesson from the mistakes, we can increase our skills to better and we can prevent to make any errors in the future. But don't forget, that we still a human that can make another mistake in someday so we need to be still careful when we want to make a decision that related our life.
oxidoreductase
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September 23, 2018, 05:10:53 AM
 #383

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.
I hope people will understand this. We should learn from out mistake to avoid doing it again. This kind of post will remind us of what to avoid and what is the proper thing to do.
stas.dron
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September 23, 2018, 12:16:09 PM
 #384

When i invested in crypto at firts time I was very meanfull about any information for any sources, but now I check all information twice!
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September 23, 2018, 02:00:00 PM
 #385

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, what wallet you used to transfer your XLM ? I think that could be 'tricky trap' of your wallet.
The wallet developer should make a validation if you want to send XLM, you must fill the MEMO.
It is not 100% your fault, although any mistakes could possibly done by us.

Bile123
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September 23, 2018, 02:03:28 PM
 #386

Yes, that's right. Always try and look at others. To avoid mistakes and misses. But all when you study on your own. Somehow it is then remembered better. And in the future you will think a hundred times before you do something.
GucciGangClub
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September 23, 2018, 02:08:55 PM
 #387

I agree with it. I enough own mistakes, which cost me quite a lot of money. The most important thing is not to do the same mistakes in future
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September 23, 2018, 03:22:02 PM
 #388

Yeah that's right just like what they say experience is the best teacher in life by correcting and not doing the same mistakes you have done in your whole life, But I would prefer to learn from the mistakes of others instead of your mistakes because it is easier because there is nothing you will lose just like in the saying "the second mouse gets the cheese" if you see the others fail when they do that why should you follow them.

duniakripto96
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September 23, 2018, 05:05:27 PM
 #389

true learning from mistakes is the best lesson for our lives because without mistakes we have no experience. so learning from mistakes is the best thing to live
Topmenx7x
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September 23, 2018, 05:31:01 PM
 #390

It sometimes be hard for many even though you are in crypto for years, it is important to take lessons from everything. That is only way to gain something against the loss.

I don't think that if you lose your money once you should stop trying with investments. This is a great chance to learn how to act in the future!
alex_kir
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September 23, 2018, 05:36:24 PM
 #391

It is possible and necessary to learn from your mistakes, so you just need to take a very serious approach to how you understand investment right now or just learn from your mistakes, it's also not easy.
batusangkar87
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September 23, 2018, 05:38:09 PM
 #392

and I get valuable experience and knowledge that will be useful for lay people like me in the crypto world
we will be better because we learn from our mistakes every day and that will make us continue to be people who develop and become successful people
ethalliance
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September 23, 2018, 05:40:23 PM
 #393

Yes, that's the way it is in life. But I prefer to learn from other people's mistakes. After all, why make your own and then regret it. If you can avoid them, you can do it yourself. Read more, study. And try not to make mistakes. So that later they do not learn from them.
hungsanh2512
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September 23, 2018, 05:49:13 PM
 #394

A bit of confidence is needed, it's the power for investors to fight the flow and make their own decisions. But excessive self-confidence will often be counterproductive. Because sometimes you are too self-confident to ignore the warning signs, the buoys aided by your invincible feeling.
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September 23, 2018, 05:54:44 PM
 #395

It is really nice to know you made a mistake,  admit it, learn from it and move on. I actually hard a bad experience when I got in to crypto, I bought a lot of coins at their ATH(all time high) hoping they will continue upward price movement but after a week or so,  bearish period start,  up till now I haven't recover my loss.  That's a big mistake from me by not doing enough research before buying a lot of those coins. I admit the mistake,  learn from it and move on.
BitcoJ
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September 23, 2018, 06:06:24 PM
 #396

And it is better to learn from strangers. Even folk wisdom says. Clever learns from strangers, and a fool on his own. Try to live and work in this way. To once again not to test fate. And do not make mistakes over which you will regret.
elrugrim
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September 23, 2018, 06:22:43 PM
 #397

If you strongly worry about your mistakes, you can miss the opportunities that the market presents you. Have you made a mistake? Excellent! Do whatever it takes to ensure that it does not happen again and follow your goal.
Alexarik
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September 23, 2018, 07:27:51 PM
 #398

We have always committed and will make mistakes, the main rule is to reduce their number. This is very difficult, but it is necessary to strive for this.
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September 23, 2018, 07:35:54 PM
 #399

Well done for sharing your mistake. As you have learnt a lesson and shared it here, others will learn from it as well. It is sometimes very hard for others to admint their mistakes because of pride.
Yes  you didn't learned a lesson if you didn't make mistakes in your life. You're corect some people they can't accept there mistakes cause of there pride they always thinks there always right. For me my mistake is my guide to change my life to become more better person.

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September 23, 2018, 07:42:50 PM
 #400

Right, learning from mistakes is very necessary as an ingredient for self-introspection so that we don't make the same mistakes. And that can be applied to crypto that when the market falls, selling low is a mistake and it's better to be patient and keep holding because as time goes on the market will return to stable.

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