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Author Topic: Don't repeat same mistakes  (Read 1809 times)
rendravolt
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December 24, 2020, 10:17:27 PM
 #121

Having mistakes is not bad at all, it is the way that we can learn how not to deal with the same mistakes we did, in order for us not to lose some investments again.

Very true, maybe most of these people sound like fear, even for those who like challenges this is a cliff that must be conquered. I very often make mistakes when making an investment, but I managed to get through it all because I have a lot of experience.

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December 25, 2020, 03:06:08 AM
 #122

I don't know if it's wrong to be greedy, but I think it's with every human being. in this thread, it is said that quite a lot bought bitcoin price when it was $ 20k, and held it to this day, and today, bitcoin price is higher than its ATH. besides, how about for people who have that trait to buy it in 2019? at that time the price of bitcoin was still quite cheap, and if they had held it, for now, they would have become rich.
however, it all comes down to a point of view, and every decision taken in the cryptocurrency world carries a risk. being greedy is fine, it can make you target big things, and if you fail, you can learn from that. just do it to the capacity you can afford.

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December 25, 2020, 04:14:56 AM
 #123

I don't know if it's wrong to be greedy, but I think it's with every human being. in this thread, it is said that quite a lot bought bitcoin price when it was $ 20k, and held it to this day, and today, bitcoin price is higher than its ATH. besides, how about for people who have that trait to buy it in 2019? at that time the price of bitcoin was still quite cheap, and if they had held it, for now, they would have become rich.
however, it all comes down to a point of view, and every decision taken in the cryptocurrency world carries a risk. being greedy is fine, it can make you target big things, and if you fail, you can learn from that. just do it to the capacity you can afford.

Just do it as long as you have proper understanding within every trends that may take place.

No need to worry about your decision as experienced will guide you thru, it's normal for people to have greed inside them, there are times
that instead of selling or closing your position, you desiring to have more and failed when the market  dumped down, you lose your opportunities and only regret will follow you around.
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December 25, 2020, 05:12:10 AM
 #124

Nice advise why they should wait for a little increase when they can earn huge already? Being greedy is one of the big mistake that will going to take place that cab result to regret. Well that is their choice if the current market will not get them satisfied before selling their bitcoin or any altcoin. In my case I rather secure profit than waiting for more like a greedy crocodile.
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December 25, 2020, 07:37:39 AM
 #125

That was what I told myself few months ago when I'm supposed to sell a coin and I decided to keep for some time hoping it will go up and cash out big on it. Only to found out that the price of the coin has reduced to almost nothing. A coin that worth around $350, now way below $5. It saddens my heart. And I still regret it till today, I wish have sold it immediately. Only few coins these days has what it takes to bull. So let's be always careful while trying to keep any coin, cause with might end up missing out on an opportunity.

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December 25, 2020, 08:04:08 AM
 #126

We dont know if what happened in 2017 will happen again on next bull run or it will be the opposite. People have their own decisions, when to sell or buy. But i think if one really satisfied with his/her profit then they can sell thier coins and tell themselves  that even if the price of the coin increases after they sell, they will not regret it.
Indeed, each of us must independently decide how to deal with our coins and tokens. However, in general, I also agree that in order to increase profits, you need not just holding the cryptocurrency, but at least periodically trading them. But not everyone has sufficient knowledge of the cryptocurrency market and free time. Sometimes a cryptocurrency is stored in a wallet for a long time just because there is not enough time to devote sufficient attention to it.

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December 25, 2020, 11:37:53 AM
 #127

Having mistakes is not bad at all, it is the way that we can learn how not to deal with the same mistakes we did, in order for us not to lose some investments again.
Yes, mistakes in small sizes are very valuable lessons and will make someone motivated to seek more knowledge so that he will not repeat the same mistakes, but if a big mistake, I think that someone will be a little difficult to get back up even though they still can, because he will not only experience loss of assets, but will also lose his enthusiasm for it.
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December 25, 2020, 11:46:23 AM
 #128

Having mistakes is not bad at all, it is the way that we can learn how not to deal with the same mistakes we did, in order for us not to lose some investments again.
Yes, mistakes in small sizes are very valuable lessons and will make someone motivated to seek more knowledge so that he will not repeat the same mistakes, but if a big mistake, I think that someone will be a little difficult to get back up even though they still can, because he will not only experience loss of assets, but will also lose his enthusiasm for it.
Learn from your mistakes whether it's big or small, that's the only way to survive and to succeed in the crypto space.
Now that the market is already bullish, I'm sure there are people who are still aiming for more, if we learn from our mistakes or the mistakes of other people, we should be smart to do the right decision, and that is to ensure our greediness will not take over, sell now and take profit and wait for the next dip.

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December 25, 2020, 12:11:44 PM
 #129

Having mistakes is not bad at all, it is the way that we can learn how not to deal with the same mistakes we did, in order for us not to lose some investments again.
Yes, mistakes in small sizes are very valuable lessons and will make someone motivated to seek more knowledge so that he will not repeat the same mistakes, but if a big mistake, I think that someone will be a little difficult to get back up even though they still can, because he will not only experience loss of assets, but will also lose his enthusiasm for it.
Ofcourse motivation is very important, but buying at an already high price is still not a wise decision unless you have a careful plan or use it to day trade with definite goals. the most important thing is not to be greedy and do everything with a plan
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December 25, 2020, 01:54:41 PM
 #130

I beginning to have a rethink about the whole move3of this market, its purely base on fundamental and adoption by institutional investors, take it or live it but I don't see bitcoin dumping like that period of ICOs when things were so bad with huge magnitude of project and no direction.
I was watching how PayPal CEO was been interviewed by Famous media channels such as CNN and ICNBC, I was wowed and I concluded why this market will keep pushing until a certain point where correction will set in which definitely wil be a healthier one.
This re my opinion and I believe bitcoin will grow more in value before it drops down though altcoins lagging behind  Cry
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December 25, 2020, 02:37:23 PM
 #131

I totally agree with your thoughts. I made huge mistakes in the 2017 crisis. I always thought the value of altcoins would rise and I was greedy. Now, we should all make smarter choices with these experiences  Sad

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December 25, 2020, 02:47:18 PM
 #132

If we all learn our mistakes from the last Bullrun, I would say that the market will never be like this as probably most of us will sell our coins right now. But what I saw is that most of us are still believing that altcoins will surge together with Bitcoin. They keep thinking altcoins season will come soon and holding them is the only way to make good money rather than to sell it now. Well, I hope this will come true and worthy of their wait.

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December 25, 2020, 02:50:33 PM
 #133

I totally agree with your thoughts. I made huge mistakes in the 2017 crisis. I always thought the value of altcoins would rise and I was greedy. Now, we should all make smarter choices with these experiences  Sad
The worst thing about my mistakes is that I thought if I trade with great leverage I can get my money back but by doing so I reached the bottom and now, realizing this, I try to rise from it. However, all this experience helped me stifle my greed a little.
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December 26, 2020, 05:58:52 PM
 #134

even i hold btc and some altcoin when those were on the peak in 2017. Although i sold those later! Because i hadn't found enough possibility that can ensure me that those might be hit upto the peak price again.but that time i was newbie, so i ain't going to run the same mistake again.i had some amount of btc and altcoin, that already converted to usdt.cause altcoins are so risky now.they didn't follow bitcoin bullish market, but now following the bearish, which may an embarrassing situation for crytpo users

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December 28, 2020, 11:03:07 PM
 #135

even i hold btc and some altcoin when those were on the peak in 2017. Although i sold those later! Because i hadn't found enough possibility that can ensure me that those might be hit upto the peak price again.but that time i was newbie, so i ain't going to run the same mistake again.i had some amount of btc and altcoin, that already converted to usdt.cause altcoins are so risky now.they didn't follow bitcoin bullish market, but now following the bearish, which may an embarrassing situation for crytpo users
I think moving on would be the right thing to do, can't tell if it will recover especially if its value are very cheap now, so better accept early that it's the way altcoins are working, even one of the biggest altcoins in the market is facing a problem now, you know what I'm talking, right?

When investing in altcoins, I suggest to also learn how to diversify, make sure big portion is allocated on bitcoin investment.

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December 28, 2020, 11:07:53 PM
 #136

Lol Op, greedy bastard?  Cheesy
I think they have waited long enough which is why their patience is paying them off. If they would have listened to you and sold at 18k, I will call them the real bastards. Btc did 50% more than your desired 18k selling price and it is not retail investor alone but the whole group of institutions is behind this, institutional money is behind this pump and you will never understand the importance and power of holding.
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January 01, 2021, 07:45:12 AM
 #137

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

Once you've done a mistake, make sure that you learned something from it because it can help you in the near future. Learning from your mistake is one of the best lesson that this business is teaching us because if you keep repeating such mistakes, it leads you to lost everyting you have.
Claudio99
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January 01, 2021, 08:02:46 AM
 #138

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.
All what you experienced are normal lessons, I believe many crypto investors of today did same mistakes, if you don't make such mistake you won't know the difference today, believe me you are one step ahead of those who haven't learn yet, those who are too greed will always learn the hard way, my life start getting meaningful when I started getting satisfied with what i make from any projects I invested money on

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January 14, 2021, 11:30:24 AM
 #139

if making the same mistake as several years ago means that the person is not tired of falling into the same hole, if in my opinion everyone who has had a bad experience in the past few years will not be too greedy and must have thought well
We are here to be successful and it will not happen if we make the same mistakes over and over again. I guess what OP would like to emphasized is that greediness has no room for success in our life, we need to be contented, be objective and know when the right time to cash out for profit.

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January 22, 2021, 06:09:38 PM
 #140

I appreciate you. Maximum coin holder seems their coin will pump than the present moment, as a result, the coin value does pump but on the other hand, BTC is creating a record in the current situation. It has touched $ 40k + and some blockchain traders decided the coin will be held again. But I suggest don't hold it again. Because maximum time the pumped coin cannot stay with its price.

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