The One Biggest Lesson you've learnt from Bitcoins Investment

[thomas_morrison]

One thing on my kind when I heard investment is taking a risk, the lesson I have learned from this is we will get success from it based on our speculations to the value of the bitcoin if you are going to invest how because you are thinking that it would not go down anymore them you could still earn from it but you will earn more if you are going to wait for the least price of the bitcoin to reach before the highest peak of it.
You should know the movement of the graph observe always because it would be a great advantage for you.

My biggest lesson is to have a plan and follow it. I've been burned before because I got a little greedy.

Well said buddy, planning is the best way to be successful in everything we want, if we are going to follow completely all our plans then everything would be great as well.

Are there any good tools for monitoring Bitcoin exchanges worldwide?

[BuNga_cute]

One of the biggest lessons I get from bitcoin investing is not to be greedy, because greed will only make us lose money. I several times
missed the opportunity to make profits because of greed, so we must be able to control our emotions when investing. When we reach
the target sell, immediately sell the bitcoin that we have. Don't delay it, because you want to greater profit. Because if it's not sold
immediately, it means that greed has taken hold of us. And that will make us experience lose the opportunity to get profit, there is even
a possibility we will experience a loss.

[rexxarofmoknathal]

One of my most painful lesson I learnt from investments is to be patient and less reactive to small market changes. On so many occasions I had to pull out from my investment because of market dump and only later realising that if I HADN'T acted I would have been much better off. Another one big mistake I made was putting a lot of money into different projects but using the same platform, some of you may know what I'm talking about if you'd dealt or still dealing with Lendy.

I guess the bottom line of both my lessons are diversification of project within the same platform isn't enough as the platform itself could collapse, and lastly if you intend to go for long-term investment just forget about it, this is probably the best way to not be so reactive or get flustered with every single time the market changes.

[TitanGEL]

One of my most painful lesson I learnt from investments is to be patient and less reactive to small market changes. On so many occasions I had to pull out from my investment because of market dump and only later realising that if I HADN'T acted I would have been much better off. Another one big mistake I made was putting a lot of money into different projects but using the same platform, some of you may know what I'm talking about if you'd dealt or still dealing with Lendy.

I guess the bottom line of both my lessons are diversification of project within the same platform isn't enough as the platform itself could collapse, and lastly if you intend to go for long-term investment just forget about it, this is probably the best way to not be so reactive or get flustered with every single time the market changes.

I think what is wrong about you is how you manage the risks, it is a deadly strategy if you will go for long term investment and forget about it. It is better if we have proper cutting losses especially if we want to protect our money.
I learned how to handle the risks very well because of the past mistakes that I've done. I lose now a lot of money but I will regain it for sure as long as I'm focusing to my goal and I if I will stay a discipline trader.

[yazher]

The biggest lesson I've learnt in spending my time with Bitcoin is the real cause of vulnerability of the price. You may understand a thing or two about bitcoin but to understand the vulnerability of the price takes time and money to understand. especially when you invest at its high price, then suddenly the price just fell after a few hours you invested, you really feel what vulnerability means. You really need to listen when someone told you their fail stories because that will give you some ideas on what to avoid on your next investment. I used every useful thing I read here and that brings me a good result on my investment in BTC.

[tanjiran]

My biggest lesson from Bitcoin investment is to have patience. Lots and lots of patience. There have been instances wherein I have sold my Bitcoin just before the price went up and I regretted my decision. It is better to keep a cool mind and always think about long term gain when you are investing in Bitcoin.

I also once regretted selling BTC too fast before the pump at the end of 2017. At that time I panicked because there was a decline, while I had responsibilities and needs that I had to fulfill, eventually I sold it. Luck was not on my side at the time, it took a while to console myself and make peace with the decision I made. It is hard, but I am very grateful and now I am trying to get other opportunities better and more patient. I realize, we must be prepared to face all the risks of each decision we choose, including managing mentality and patience, that's the best way to adapt here.

[Debonaire217]

Bitcoin has proven a lot of things so far, hypes and news isn't always trusted that is why the biggest lesson for me is to make sure that my decision is firm that if I want to hodl, make sure that I will not be affected by short term declines and lows, the assurance that we can have for profit is there, that is the bitcoin halving every 4 years, this makes sure that price will increase even though there's no valid proof to this theory. In addition, do not put your bitcoins to local exchanges wallets, better if you buy a hardware wallet because after knowing the secret to investing bitcoin, the next step is to know how you could secure your bitcoins as if, you would hold it for years.

[Injective]

My biggest lesson is that I found there are time delay between every state (i.e. each block being mined), which allows for race conditions to manifest between transactions. I have every try to cancel my order but it was processed. I don't know if you have ever met these situation, but I believe that it happens everyday.

After study, I found that the decentralized exchanges such as EtherDelta only have around a 79%-90% success-rate for trade executions as a direct result of trade-collisions but all current implementations make numerous tradeoffs in decentralization, trustlessness, and liquidity. Left unresolved, these issues weaken the value proposition on using a decentralized exchange.

To resolve this same-block order conflict problem, we want to introduce a new protocol, Injective Protocol, a collision and front-running resistant decentralized exchange protocol on the Ethereum network that integrates verifiable delay functions as a proof-of-elapsed-time.

The big lesson gave me the idea to open my business. I believe it will help many traders as well.

[DoubleEdgeEX]

It´s never too late to get in. It wasn´t in 2010, it wasn´t in 2014, it wasn´t even in 2017 or 2018 and it´s definately not in 2020. Until we see a significant decrease in volatility at a certain price level where it could be anticipated that it stays at this level for a while it´s a good idea to get in

[Assface16678]

One of my biggest regret on making an investment is already happening previously when the market price of the bitcoin falls down because recently on the first month of the year of 2020 the market price of the coin falls down and by that, I made an investment before it happens which takes a lot of time to hold again and gain more profit on the previous falls down on the market I made another investment which is a good sign because I bought a lot of coins and makes a huge profit when the market price of the coin comes into the 10000 dollars which are right now. Before I do not have enough knowledge about the market movement and investment and made a mistake but by that, I learned a lot about my mistake and wait for the right time again to make a good investment.

Next is making an investment in the trading because on my first try on trading it gives me a winning game and next by that I loss all of my trades because of getting greedy and carried away because of my emotions to buy a lot of coins which is not a good timing and cause by that I lose on the liquidity of the market and this is not good feedback on me. For now, I make an analysis about to come back and win all of my trades again to gain profit.

[jostorres]

I think one thing I have learnt from investing and trading cryptocurrency is that there is no substitute for hard work. In fact this is not something that has to do with cryptocurrency investment or trading, it applies to almost everything we are doing in life, if not all. Being a trader or an investor requires a lot of hard work.

Some people who invest their money in Bitcoin are fond of having too much expectation and a wrong strategy, and at the end they will not achieve anything. Before you can see success you will have to work with the right strategy, study and learn it and work hard towards that. You shouldn't expect to make money overnight and you should also not neglect your mistakes along the way.

[Rengga Jati]

- Don't be greedy.
- Don't be panic both in bullish and bearish.
- Plan a reasonable profit target.

In my view, the three points above are the most things that I learn from Bitcoin. We can learn them not only in Bitcoin investment but also in trading Bitcoin. For the first time investing or trading Bitcoin, I remembered that I have difficulties in controlling my self. I sometimes set a too big target and panic when Bitcoin price move quite big, both in decline and increase. However, as time goes by, I have learned how to deal with it. Finally, I know what to do right now.

[BIT-BENDER]

A big lesson learnt by me so far is don't use a loan fund to invest in Bitcoin. A friend of mine ask me about Bitcoin and as I was half way into my explanation she asked if she could borrow money and invest that she has no fund and wanted me to assure her that it's going to work. I had to quickly Break it down and let her know how not logical that would be.
I have a post about loaning to invest in Bitcoin and reactions from drives home That it not a good method
https://bitcointalk.org/index.php?topic=5251273.msg54506800#msg54506800

[retnoanjani]

---
So, its a game with two tails....success and failure.

What is your own one big lesson?

Because that's the only possibility, if it's not profitable, it's a loss.
From the many stories and experiences of my friends that I know in this ecosystem, analysis can be missed, markets sometimes move full of surprises, and often luck plays a big role. I just don't want to be the next pizza man, so I use this bitcoin as best I can

[Sadlife]

I suppose one of my biggest lesson in investment is to always research and learn on what kind of asset your planning to invest on and never trust any platforms that offers you passive income if you buy their services. Like in the phrase "if it's to good to be true then it's probably not true."

[Saisher]

My own one big lesson is to invest what you can afford to lose, you are right that investing in Cryptocurrency is very uncertain, you never know what's going to happen after you wake up, like what happen days ago when Bitcoin hit the $10,000 mark only to revert to $9500 in 24 hours, so always expect the unexpected.

[rodskee]

My own one big lesson is to invest what you can afford to lose, you are right that investing in Cryptocurrency is very uncertain, you never know what's going to happen after you wake up, like what happen days ago when Bitcoin hit the $10,000 mark only to revert to $9500 in 24 hours, so always expect the unexpected.

That's the common ideas and advice we received since we joined this market to Invest what we can afford to lose and you
 have just learned that recently?and why make it a big
problem if bitcoin  hit 10,000 and reverted to 9,500 because you have not been thanking Bitcoin when it grows from 9,500
 to 10,000 and more because remember this is a volatile
 market and everything may happen in a minute or in months so be ready for changes and expect the unexpected
because the more we expect is the more we fail.
the biggest learning i have in Bitcoin investments?is never trust anyone specially those who's giving a Big speculation
because some of them are just a Paid account from
 the whales to make misleading comment so noob and stupid people might believe and become a victim.

[ene1980]

My lesson is make sure to backup your wallet / keys. Luckily only lost a small sum but scared me enough to always make sure I have my wallet backed up.

This was true when i started bitcoin, had a few hard disk crashes and luckily for me i have taken a print out for my private key and so i was able to recover my coins and i have heard many loosing the coins because they forgot to take any backups. But now everyone is aware of the risk and a backup is necessary.

the biggest learning i have in Bitcoin investments?is never trust anyone specially those who's giving a Big speculation
because some of them are just a Paid account from
 the whales to make misleading comment so noob and stupid people might believe and become a victim.

Speculations are useless most of the time. Just make things simple, You need to have the funds when the market goes down drastically and invest and wait for the long term rather than sweating about it.

[fiulpro]

I do think the most important lesson one can learn from the cryptocurrencies as a whole is :

Patience

At a time like this one needs to wait for the right time and opportunity to actually trade and buy or sell the Bitcoins. If you do not keep track of the market you can easily loose a lot . If you get scared and encash out at an inappropriate time, you can end up regretting in the upcoming days .

Be it bull run or bearish run , the price will settle. Sooner or later it would be favourable therefore as soon as you do not invest in the Cryptocurrencies using your credit card or any other loans , you should be good to go.

Patience is something I believe is the most important thing that I have learned from investing in the Bitcoins.

[billykannithi]

My lesson is to learn before you do anything. Crypto is a trap market where you can lose everything you have with just one wrong decision when investing in a cryptocurrency with no liquidity or scam ... Learn If you want to find a suitable model to follow and be aware, only use the amount of money you can lose to invest, never invest 100% of the money you have.