How to understand that you are making a mistake?

[mu_enrico]

Don't overthink about this issue mate, as it's called gambling. As long as you don't bet more than you can afford to lose, it's fine. Who knows when you don't take the chance, the coin goes to the moon. I lost money buying shitcoin, gambling, etc., but it not really affecting my financial condition. As long as you know the risk and enjoy the roller coaster, it will make your life more colorful. Lol

[Teknisi88]

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.

When we are aware of the mistakes that have been made, then it should be time to leave those mistakes, even though the results of these mistakes will benefit.
Because the profits obtained from the results of a mistake made will also not be good for people who have lied to themselves. Usually this kind of attitude lies in people who are greedy and cowardly.

[aylabadia05]

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.

Never experienced it. Because I do not directly, but try to observe how the market activity. Because if I buy it right away and I don't know much about it, I'm sure I'll suffer a loss. I hope I continue to do things like that.

[Pamadar]

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

Still the same mistake not only for newbies but also experienced traders,

They are thinking for higher compensation instead of taking what it supposedly on their plans, but because of greed they expect for more increase and at the end of their journey, instead of taking profits, they find themselves losing a lot.

Part of this venture, but it can enhance yourself if you learned from those mistakes and try to not to repeat it over and over.

[sapnu]

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 actually don't recall any situation wherein I bought a shitcoin and kept on pursuing it yet I wanna share my view on how you can understand when you are making a mistake. One of the obvious sign that you are making a mistake in your investment is when you are losing more than gaining. Another is when the people around you are already warning you yet you still choose to insist on keeping up with your investment on that certain shitcoin. As signs or hints that what you're doing is a mistake and you still kept on going, later on you will surely regret and lose a lot of money and at that moment, it would be crystal clear to you that you made a mistake.

[ivankoh]

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.

Lol, I have a lot of mistakes inherent to altcoins but for me it's a little bit the opposite. I bought a quality coin (A), I kept it for 6 months, I learned to be more patient and trusting than my friends. Waited till I ran out of motivation and decided to reinvest in a defi on polygon(B) (polygold) - it dragged me down really fast in 3 days. Damn, until I look back my A coin has skyrocketed and matured with x2. The most bitter and harsh truth.

[Macadonian]

Never experienced it. Because I do not directly, but try to observe how the market activity. Because if I buy it right away and I don't know much about it, I'm sure I'll suffer a loss. I hope I continue to do things like that.

It's better to know before doing anything especially in terms of buying because playing in the market there must always be good and mature knowledge because there are many risks that must be understood before acting.

Do research but do not think that research means you understand and know the outcome the only way will be to invest and learn from your mistakes.

[marine4u]

No one knows their mistake until something terrible happens.  I bought Sovryn when it was at $15, 10 days later it was x2 and I decided to sell them, only 10 days later its price was ATH $84, Lol, but that's not too serious because no one knows  Where will greed put you.  Peace of mind with just enough profit to make you comfortable.  Lol

[adzino]

I don't think I have ever bought a shit coin. And if I do ever make a mistake, I learn from it real fast and try my best to avoid it. I am kind of a person who hates making mistakes lol. So if I make one, you can be sure I won't be repeating the mistake again  lol. The only way you can understand that you are making a repeating mistakes is if you see advancement/improvement in your work. The only way to stop this is to admit the mistake, learn from it and NOT repeat it.

[livingfree]

Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it.

I did it before but good thing that I've realized that it's not working and I'm just wasting my time and money for it.

Good riddance and I've learned the lesson out of that when I was hyped just as the others a few years ago into unknown altcoins that seems to have the 'potential'. But yeah, potential in losing money and only the first comers ended up with profits.

[Rengga Jati]

This condition will really make us big regret it.
And if someone cannot learn from its mistake, it means that he/she must learn more about it.
I personally commonly will feel that I made a mistake after sitting calmly and thinking twice about what I did previously. Sometimes, we will not feel making mistakes in the recent situation, but lately when we're thinking twice again about it.
And we may not be good people, however, learning from any mistake is very precious. It doesn't make us stupid, but it can make us much wiser, smarter, and more careful in the future.
But, if we keep doing it although we have known that it is a mistake, it means that we are going to be stupid.

[Lanatsa]

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.

You are simply doing gambling as simple as that.!

When you are already aware that you are doing mistakes then why would the hell you would continuing on doing that? Just because you are hoping to get some big profits that make your rich once you do hit the right project?

I cant really blame out that kind of mentality because we've seen people who changed up their lives on investing to shit coins and make out some glorious pumps which did really give out the chance
on making enormous profits.

This is the main reason I do think on why some people do keep doing this.

[indrakusumaindra]

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 I did buy doge which i think pump dump coin, cause i know this is only meme coin i sell my doge at 0.05$ then doge increasing like 10x , Now i know its a mistake to sell it too soon. Patient is the key definetly. But i do think i would never touch doge coin again better buying some project with good project such as axii and UBT which will give you more return.

[Handsome Boy]

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.

My biggest mistake was being greedy, because when I was able to get a lot of profit and know that the market will definitely make a correction after increase very high (bull run), but what I do is still hold and wait until the price increases even higher, but in fact currently the market is experiencing a correction and that makes me regret it, because if at that time I sold my cryptocurrency and bought back at this time, then of course it is already profitable for me, but because I was greedy, then I didn't do it and finally made me regret not selling my cryptocurrency at a time when the price increase very high (bull run).

[awik p]

once. I often experience this incident when trading. when we have set a work area and then place a target and stop loss, when the analysis doesn't work and breaks in the area that has been set, often I still shift the stop loss, so I experience more losses. or often I set a target, when the price is running profit I can't stand to immediately close the transaction, so the profit can't be maximized. here is psychology and discipline that must be determined

[Xinarae*]

It happened to me that I went to trade and suffered a lot because did not understand the market properly. I made a stop loss after losing a lot of dollars but keep it long term by investing now the risk is low and there is no rush to sell it is possible to achieve your goals by investing in the right currencies like bitcoin and ethereum. You need to understand the situation by analyzing the market before trading on other tokens it would be foolish to make too much profit so you have to sell it in the short term.

[Ekyfitri]

when I know that it was a mistake, I have several reactions, depending on the circumstances. I once had the wrong token, and when I realized I immediately sold it and made it coin stable. some other mistakes are, not selling the coin when it reaches its ATH, and not selling when it dumps to the bottom. In fact, I'm currently holding the coin and hoping for a price increase to occur in the near future.

do you invest without an advance plan before you make an asset purchase?
If you don't have a plan, of course, you will easily get swayed by the market situation. or you may be too greedy to wait for a higher price.
because honestly, no one will know the peak of the ATH of an asset. therefore we need to set everything up from scratch.

[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

Still the same mistake not only for newbies but also experienced traders,

They are thinking for higher compensation instead of taking what it supposedly on their plans, but because of greed they expect for more increase and at the end of their journey, instead of taking profits, they find themselves losing a lot.

Part of this venture, but it can enhance yourself if you learned from those mistakes and try to not to repeat it over and over.

Yes, that is right. Sometimes, I just think to myself, how it could happen to me because actually, I can prevent that mistake happen to me but that happens many times. It seems, avoiding the mistake really needs us to be careful and we should prevent greed as you say. We need to stick to our plan and not try to break it because that can lead us to make the same mistake.

Improving ourselves is necessary and maybe we need to improve our awareness in trading so we can avoid making the same mistake.

[bakasabo]

I usually divide things into two parts. When I did something and it was easy for me I ask myself "was it easy to succeed or finish that task". If it was easy, then why it was like that. Because I am a professional or experiences in that field? If the answer is yes, than it is ok. If the answer is no, then there is a possibility that I've made a mistake or I was just lucky. Further on there is a small inner investigation. After that I realize that something was done mistakenly or not.

[Zilon]

I have never had losses on any shit coin because I pull out my funds quite on time. I get a specific profit I need for any project I invest in and once I hit that target I pull out then look for another alt coin I can possibly invest in and once I hit the profit again I just pull out. I guess this may be because of my capital