How to understand that you are making a mistake?

[topbitcoin]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

I think not only me, because staking coins is already trend in past and the coin named 10K coin is really hyped. I bought it and start to stake it, price keep dumped and i keep staking it hope my rewards from staking can cover it and then, it ends with 1 satoshi price from maybe aroung 10000+ satoshi price.

[Oasisman]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

Well, that's an example of riding the hype. Take advantage of the pump and get a short term profit.
It's not a mistake by the way, that's something similar to gambling. You're taking the risk, just to get a good profit in a short period of time.
There were actually a lot of investors doing like that. Perfect example was the ICO hype in 2017, and now the NFT games hype. A lot of NFT games has been popping out everywhere in the internet today and it requires huge amount of investments. Some of them were sketchy but people are taking the risks.

[Jackl87]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

I also made such a stupid mistake a few weeks ago but i did not buy some sh*t coin i sold one. Back in 2017 i was part of a signature campaign for a long time that gave me a lot of coins from a certain project. During the bullrun in 2018 they were worth more than 100k $ but of course i did not sell back then which was my first mistake. Then i hodled the coins until april or may this year meanwhile the price went down like 99%. Then i needed some stable coins for a pre-sale that i wanted to join and i thought about those coins. I knew that i shouldn't have sold them back then but i was like "they won't go higher again anyway" and i sold all my coins for 3k$. Then only a few weeks after that the price of the coins made a x10 which means i could have made 30k instead of 3k with them.
So i hodled them for a few years but then sold them only 2 weeks to early 

[NeverSop]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

I bought a quality coin but I ran after a big imo with YGG coin with my friends. I couldn't control my behavior, I realized it was all taken in 45s with 32 bulls with 12M$. When I realized became a puppet. Lol, the mistake I was most bitter about.

[bamb]

The attraction of quick money is very strong and this issue will keep re-occurs! Most of the time,  we walk in to a mistake with our eyes open!  Everyone with some experience in Cryptocurrency knows the solid coin which are bitcoin, ethereum  etc.  But the game of playing shitcoin is exhilarating.  I think all we need is patience  and we can achieve our dream!

[so98nn]

Yes did it once and never repeated myself with that kind of shit. This was around 2017-2018, the project name was TowerX and had do something related to CRM module. They also launched their own exchanger and listed some coins on the same.
Things were so perfect and as per their roadmap, I followed every update and also got involved into their social marketing campaigns. Got few thousand to million coins when the price was very shitty for the coin. (From pre-ICO to ICO + campaigns). Initially the price was around 10 cents, then they promised to launch the coin with minimum price of $1.

They also followed that promise but it was dumped heavily resulting to price worth $0.001 - $0.03 something.

I was so happy initially and due to my emotional attachment with the project I kept buying more and more coins as they were cheap also. But it was worst mistake as investor. Even go crazy today when see that project. 

[raes]

don't really know, but as time goes on you will make changes I mean if someone is unlucky buying ico tokens maybe they will try other alternatives like day trading using existing coins or doing some other speculation.
because persisting and making mistakes in a field will certainly make someone think and change their ways.

you have good determination. and indeed everyone new to crypto should be like you.
many carelessly put their large sums of money in their first investments in the crypto market. and losing it all is clearly the greatest possibility.
what most people don't know when we fail with one asset in the crypto market then many other assets have better potential. we can return our capital that way. you've done a good way.

[Macadonian]

The only way you learn from your mistakes is by failing and then doing something different until you get it right that is the only way.

[worle1bm]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

Not encountered with some situations like this because not a big fan of any shitcoins in the market but if i know before hand that i am going to make a mistake then doing it still is not mistake rather i would term it stupidity not being rude but just straight forward in my words.I have made some past unintentional mistakes like buying some coins in the hype some years back but learning from your past mistakes and don't repeat them afterwards make you one level above all those newbies in market.

[Macadonian]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

Not encountered with some situations like this because not a big fan of any shitcoins in the market but if i know before hand that i am going to make a mistake then doing it still is not mistake rather i would term it stupidity not being rude but just straight forward in my words.I have made some past unintentional mistakes like buying some coins in the hype some years back but learning from your past mistakes and don't repeat them afterwards make you one level above all those newbies in market.

You do not know that you are making a mistake who knows they are making a mistake but still invests anyway? That is stupid and I do not believe anyone is stupid enough to do that including newbies.

[Bitcoinjheta]

In my humble opinion this is a lesson learn in a hard way but what is important is you learn from your mistake. Sometimes we take chances hoping for a good profit but on the other hand it turns out to be a great loss.

[rozak]

In my humble opinion this is a lesson learn in a hard way but what is important is you learn from your mistake. Sometimes we take chances hoping for a good profit but on the other hand it turns out to be a great loss.

but after that, if we take the most valuable value from the failures that we experience course we will become better traders or investors in the future.
No professional trader suddenly succeeds without experiencing a loss and a mistake.
we will all go through that moment. but it depends on how we will apply the attitude. want to continue or stop with a loss.

[GreatArkansas]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

This kind of scenario can be related to real life or love, making mistakes multiple times is not already good, 1 or twice is better but more than? I don't think so, it's like in love life, you still love someone who cheated on your multiple times? You will forgive the person multiple times?

Well, in this case, money is involved, money is important especially if you earned it in the hard way, you worked for it, so making mistakes multiple times with money involved is not good.

[Quintrix]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

This is a big dilemma for investors the projects look good with potential but it's not yet time for the project to get realized its potential, investors should know to let go and let go at the right time, the hardest thing is letting on because you have to cut your losses, only Bitcoin and those on the top 10 are worthy to be kept in the portfolio.

[breathlessz]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

This is a big dilemma for investors the projects look good with potential but it's not yet time for the project to get realized its potential, investors should know to let go and let go at the right time, the hardest thing is letting on because you have to cut your losses, only Bitcoin and those on the top 10 are worthy to be kept in the portfolio.

the main choice is bitcoin and the rest is eth and bnb, all three are included in the main choice to invest. while others I think only use part of the quota to invest. that way we will minimize risk as long as we are willing to be patient until we wait for the next bullrun to occur. sometimes people just invest in new projects with big hopes, but they don't think about the risks

[Cvetik56]

I've never bought i shitcoin. But i withdrawed my coins couple of times and after that it was going even higher. I had this situation with LTC and ETH. From those times i know that i must HODL.

[fortune1002]

I have bought shitcoins many times but I always got the loss, because I always took entry at the wrong time . Now I have understood that shitcoins are waste of time as well as money now I will not invest a penny in shitcoins and I suggest you to don't invest in these.

[flyeers309]

I made a mistake invest in ICO and bought Shitcoin just because of the fomo and did not understand the projects I invested.I even actually know the high risk is more posible but I keep continuing until finally when they listing in market the price is like trash. As a newbie who has absolutely no experience this made a very extraordinary lesson. Even I have also invested in Ponzi which we know that they have a pyramid scheme. I know very well what is ponzi but I still can't control myself. But now I become a better person, all bad experiences I take it as lesson

[Ucy]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype s**t coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.

Share your stories.

Feels like things that happen to those who lack self control. It's kind of problems alcohol/drug addicts go through. You know what is right/good but you can't do it even when you want to.
Evil have control over the body...The body needs to be cleaned/disciplined so it can have control over such things.

[michellee]

We realize making a mistake is by waiting for when we want to sell the coin but that time is not coming, even if we are waiting for more than 1 year. Sometimes, our mistake comes because of our greediness because we see the price can increase so high in the short term but we did not sell it right away and still hope that the price can increase. If that so, I think we all have that experience and we still do that until now