Getting up and trying again

[Tinah19]

There are times in life when everything will seem not working as planned, infact it will seem as if you are not doing anything at all, but in all sincerity, you are trying your best, it could be in education, business, career and so on. you will feel like giving up and just not do anything at all. those are just trying times and all you need do, is to get up and try again. even if you fail so many times, never give up and always remember, winners never quit.

I have rumbled on these lines through out today and it somehow coincides with my current predicament of not understanding a thing about crypto and don't just know how to start on the platform.

Any pointers on how to go about my crypto journey because, giving up just doesn't feel like the way.

[Charles-Tim]

The best way to go about crypto is to first know what bitcoin is and how it is the most decentralized, having limited supply that will make all-time-high achievable. Holding bitcoin is highly advisable.

Then you can study some altcoin, but always know that altcoins is like gambling, some can give you the return you are expecting, many will not and some will even take from you. Make most of your portfolio to be in bitcoin, if you gained from altcoins, nothing bad to convert the altcoin to bitcoin, but make more research yourself.

Some people are traders, some people can make profit from trading, but beginners will always lose, not advisable for newbies. Using the money you can afford to lose. But what you should really be thinking about trading and which you need to be careful about for you not to be a victim, is that a rich person today can trade and lose significantly.

Nothing better than holding, but this is long term.

[Welsh]

As much as I dislike Youtube, use it. Don't read the Bitcoin whitepaper quite yet if your completely new to the subject. It'll likely only scare you, or make you think you don't understand it. The thing is, the whitepaper is great to a certain extent, but not for non technical users. So, its much easier to have Bitcoin described or taught to you in layman terms, rather than jargon. While the whitepaper definitely isn't the worst, I'd recommend only reading it once you think you've got a basic understanding of Bitcoin itself. Once you do, it would probably be beneficial to either use Youtube or come here, and find out what each technical term means. A quick search would pretty much sort you out here, since its likely been asked many of times.

Nothing better than holding, but this is long term.

Yeah, however most new users aren't going to have the stomach to hold long term, unless they make it inconvenient enough for them to withdraw in times of turbulence, because as we know there's plenty of those times. Also, defining long term can be quite difficult.

[lovesmayfamilis]

OP, how many times have you fallen and gotten up? Why is this topic so cryptically described? Where did you fall? Why does it seem to me that I have already read this somewhere, and the topic is very familiar?
How many times have you left the forum, and what account do you have.
I won't say anything more, but even if it's not you, then read this thread, there you were given good advice. 

I'm not writing this because I want people to have pity on me or because I want to be merited, I'm saying this because I love to share  my experience  regardless to what people will say or think about it. I really learnt crypto in a very hard way and that makes me so bitter that I decided not to get myself involved in anything that concern crypto or any  investment. One fateful day I was just going through my WhatsApp when somebody sent me a quote saying.... NOTHING GOOD WILL COME OUT IF YOU QUIT. And that gives me hope back, I begin to go deep into crypto to understand the basic concept of crypto  and many more. To cut this short the reason why I'm writing this is to encourage those who have given up on crypto  because of one reason  or the other, you think you have make the worstest mistake to involve into crypto "no you haven't" the worstest mistake you will do is giving up and not learning from your past mistakes because the greatest lesson in life is learning from your own mistakes. therefore never count on your mistakes always count on what you have  learnt and achieved from your mistakes.

WINNER'S NEVER QUIT
QUITTER'S NEVER WIN

[pooya87]

even if you fail so many times, never give up and always remember, winners never quit.

It is not just about getting up, it is about learning from your mistakes otherwise if you get up and repeat the same mistake over and over then it is best to quit first time you "fell" otherwise you are just harming yourself.
Those "winners" are the ones who learn, for example when you buy a shitcoin because someone advertised it but they dumped it on you, then you have to learn from this and never repeat it.

[Bhig Daddy]

In life nothing good comes easy, it a say and also a reality. I have come to meet so much people in life who have come to make it in life but with a lot of hard work. Some people make it in life without putting in a lot of work, but there are oy few people like that. Hard work definitely pays and also not giving up in what you believe in, it may take time but with prayers and work you will definitely be there. Everything takes time to yield.

[KingsDen]

Why does it seem to me that I have already read this somewhere, and the topic is very familiar?
How many times have you left the forum, and what account do you have.

Immediately after reading op, it occurred to me that I have read something similar. When I saw your reply I smiled. Could it also be a mere coincidence?

Well, op you don't need to give up but you have to carefully reexamine what you have been doing and failing, this time do something different and right. You cannot keep doing same thing same way and expect a different result.

Pause!
Learn!
Restart!

[mk4]

Unpopular opinion: sometimes giving up is the answer.

Contrary to popular belief in cryptocurrency communities, you don't necessarily need to be in this industry to succeed in life. What if you're better off investing in traditional markets? What if climbing the corporate ladder is best for you? What if starting a business is the answer?

[Widdop37]

Know the basics of BTC first and learn from your mistakes as time goes on, is there anything in this world that comes easily? Mistakes will happen and its inevitable no matter what we know, That's why we have to keep standing up from every fall its the only way we can achieve our dreams.

[passwordnow]

It's okay OP. Just don't rush and take things easy. You'll get there eventually, there's no race for you to join just to get things know about crypto. Do it a little by little and you get to understand things that you have to gradually. With that feeling analogy that you've expressed, you just need to be motivated and all of us here started from where you are currently. But don't worry if you spend time, you'll see the progress that's about to happen to you while you study cryptocurrencies. And the best start is to buy bitcoin but if you can't for now, go start learning about wallets.

[Igebotz]

Nothing better than holding, but this is long term.

Yeah, however most new users aren't going to have the stomach to hold long term, unless they make it inconvenient enough for them to withdraw in times of turbulence, because as we know there's plenty of those times. Also, defining long term can be quite difficult.

One thing I've seen is that those with unlimited source of income prefer to hodl for longer periods of time than those with limited income; the best method to hodl assets for a long period of time is to forget you ever had them in the first place. Most new users only want to earn passive income.

BTW, James Howell is still seeking for his hard drive, which he threw away in 2013 that contains 7500BTC. Golden hand. Lol.


Edit

Unpopular opinion: sometimes giving up is the answer.

Contrary to popular belief in cryptocurrency communities, you don't necessarily need to be in this industry to succeed in life. What if you're better off investing in traditional markets? What if climbing the corporate ladder is best for you? What if starting a business is the answer?

It's fine not to invest in cryptocurrencies, but it's wrong not to have cryptocurrency in this day and age. Investing in crypto is similar to gambling in that there are only two possible outcomes: it can make you rich or it can wreck your life.

[Charles-Tim]

Well, op you don't need to give up but you have to carefully reexamine what you have been doing and failing, this time do something different and right. You cannot keep doing same thing same way and expect a different result.

Pause!
Learn!
Restart!

Let me take trading as an example. Someone learn, trade and lose. Learn the more, trade and lose the more. Months after months become years and the trader continue to lose. Then if such person stop, there should not be anything like learning again and restart, he should just quit and focus on less risky means of earning. I understood you though and you are not wrong but there are sometimes that you just have to quit.

It's fine not to invest in cryptocurrencies, but it's wrong not to have cryptocurrency in this day and age. Investing in crypto is similar to gambling in that there are only two possible outcomes: it can make you rich or it can wreck your life.

It is like gambling if investing in altcoins which can become shitcoins or dead, it is not gambling if holding bitcoin. One of the main reasons to hold bitcoin is to be an hedge against inflation rather than having fiat in banks, especially in developing and underdeveloped countries, even developed countries are no left out because their local currencies still suffer declination, but even if the price of bitcoin decrease today, let us still expect all-time-high later.

[MetaMii]

Keep falling and don't learn how to fix what's making you fall, you will remain in the same spot forever 

[Igebotz]

~~~~~

Let me take trading as an example. Someone learn, trade and lose. Learn the more, trade and lose the more. Months after months become years and the trader continue to lose. Then if such person stop, there should not be anything like learning again and restart, he should just quit and focus on less risky means of earning. I understood you though and you are not wrong but there are sometimes that you just have to quit.

This is a common mistake made by traders; they don't know when to stop trading and hope for the best; but, there comes a moment where you just have to give up; what brought Bob success may bring Alice disaster. I began trading in 2016 and soon realized I was becoming a liability to myself because I was not progressing at all, so I had to stop completely, no amount of motivation would bring me back. I always know when to halt.

It's fine not to invest in cryptocurrencies, but it's wrong not to have cryptocurrency in this day and age. Investing in crypto is similar to gambling in that there are only two possible outcomes: it can make you rich or it can wreck your life.

It is like gambling if investing in altcoins which can become shitcoins or dead, it is not gambling if holding bitcoin.

You are right but that chances of making 100x is only possible with altcoins in a short period of time but then again the risk is way too high.

[Findingnemo]

We will stuck in a situation like this when we only expected the positive outcome of our decision but wise people have choices for the negative outcome as well so being prepared is the first ever solution to avoid this trap. For example if you are investing $1000 on crypto and expect 50% in a year which is certainly possible but also you have the chances of losing 70% of capital value as well so as an investor you need to hold by that time for that you need to assess your risk appetite.

[Markinzo]

Learn to deal with your decision making pattern. Most persons makes decision to invest or trade based on the condition they find themselves at that moment without an understanding of what they are getting involved.

In as much as you would/may be advised to get a well grounded knowledge of how the crypto world works, don't put your hopes into making profits ASAP, cause actually expectation of immediate gratification in any business is what brings disappointments.

so learn to expect failure in most cases and capitalize on those failures. And bear in mind trading is not always a win win game.

[Smartvirus]

When I see fall and rise as I see it now in OP, it reminds me of babes, little babies. It's amazing how these clear minds summon up courage to always rise each time they fall in there bid to get there steps to walking just right. Consciously or not, they tend to understand that, they've got to rise and put in more effort until they get it just right.

There shouldn't be much of a difference when it comes to adults. Especially an adult with a need to learn a thing or trade. In this case, cryptocurrency and investing. I tell you, motivations and lots of speeches would make less meaning uo you and instead becomes just empty words of you don't act on them. You've got to retrace your step and correct your errors, see where you took a wrong turn and either make it right or learn from it and your win would be at hand. It gets easier as you go!

[nurilham]

The crypto journey does not all run smoothly, sometimes it is also full of failures and we have to accept it. Although it is not easy to accept and learn from failure, we cannot just give up. learn to be responsible for what has been started and face the risks that exist. to start something in the crypto world make sure you are ready and understand and have sufficient knowledge about crypto. if you want to start from altcoins then you can start little by little, there are also many good altcoins to buy and manage. so it's just how we choose crypto and how we manage the assets that  we own.

[Darker45]

Start with the very basic. Perhaps ask yourself the very fundamental questions like, what is currency, what is cryptography, what is Bitcoin, what is a Bitcoin wallet, and so on. You don't have to master those. Understanding the mere definition of very basic terms is a good start already. What won't go as planned if you are only trying to know the meaning of the most common words in crypto? Don't push yourself to make large strides. Start with baby steps.

[mk4]

It's fine not to invest in cryptocurrencies, but it's wrong not to have cryptocurrency in this day and age.

Nah, I'm pretty sure a lot of people around the globe are doing really fine even without cryptocurrencies. You can still easily outperform asset markets in general without investing in cryptocurrencies since most people just end up losing money anyway.