You win or you learn.

[Khanvila78]

If you want to win, you have to give more importance to learning. Because if you don't learn, you can't progress in anything. If I had been told I would have talked about learning. Because learning is more important when I'm new to cryptocurrency.

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[Smartvirus]

Experience they say could be the best teacher. This is the case most at times for some people but there are lessons better not learnt by experiencing them yourself but the truth about this is, you never would know how it feels without a first had experience.

Many of us through the various articles posted on the forum every day and on the net, have been aware of the bear market moves that dumped bitcoin in the year 2017. I am sure it wasn't funny for those that were into bitcoin at the time and that's the very way most of us that didn't take profit nor made moves to preserve value is feeling now. For some reasons, it is good as, It would be a good motivation to learn analysis and take it more seriously.

Fortunately for some, you've never lost if you continue to hodl and you lose only when you sell at the dip. At the dip, what you ought to do is buy and not sell except necessary. Good one we are learning, its the purpose we are here isn't it.

[Flexystar]

Yeah I got the learning in the current bearish market for sure. It’s teaching me how to survive even when your assets are locked up because of the bearish market we are not able to sell anything. Selling means we are literally giving away our money to the people who are actually following your thoughts from the rich dad poor dad book. With the current learning’s I’m very happy. Yes as human being I’m nervous that my funds are locked up and i have no idea when it would be recovered. There is recession up front so I’m scared for sure but holding on to this a lot. So already got the learning’s and trying to win the situation right now.

[ethereumhunter]

Learning about what is happening in the crypto market will really help us to act accordingly. Many of us don't learn from our mistakes and let ourselves experience other mistakes, which will not give us a chance to succeed in crypto. Therefore, perhaps learning to analyze our previous mistakes will help us avoid making the same mistakes and make plans about what we will do.

[Alisha-k]

In Bitcoin every moment is an opportunity to either buy or sell. I understand you weren't prepared for the crash but in market conditions like this people are still making profit. I think it is high time traders learn how to profit from both ends. Money management is the first principle for every investment then taking advantage of any trend is then key to solving FOMO and FUD. Zero drop projects are only applicable with shit coin and one has to be skeptical about investing in altcoin

[repear7]

If you want to win, you have to give more importance to learning. Because if you don't learn, you can't progress in anything. If I had been told I would have talked about learning. Because learning is more important when I'm new to cryptocurrency.

Yes, you are right. But all the time if you find victory but not. If you want to achieve something you have to lose first. You have to learn slowly. And cryptocurrency is a kind of system where you have to learn all the time. The more you can learn, the more your skills will improve. And your interest in work will increase. So respect and love your work. You will see that you have won.

[suzanne5223]

Recently I was reading one of the famous books called " Rich Dad and Poor Dad". This quote just changed my thoughts and reduces my depression. Like many others, I myself also made a huge loss in this recent BTC crash.

Point of correction, you can only make losses if you choose to sell your BTC but if you hold till the next halving effect market you don't make any losses. I will advise you to keep some capital the bottom price is yet to achieve.

When I first came to the crypto world I start with only a laptop. This was all I have and I made a good amount of money because of the last bull season. But because of poor money management and lack of experience, I took a big amount of loss too. I do make some losses but the lesson learned is priceless.

Learning how the crypto market work is very important because knowledge about the crypto market is what determines your profit and the last time I checked short are the best trading strategy during the bull season.

1. Money management is very important. It is better to have some plan than no plan.

Yes, it is but DCA is the best option for money management

3. Anything could go to zero no matter how big the project is(Luna disaster).

If you dyor about Luna, you'll expect the dip fall in price the coin experienced because it was overbought and the project itself doesn't have a unique concept or solve any crypto-related problem.

[fiulpro]

It's great to see when people read amazing books and apply whatever they learned here on the forum and their investments as well. I do think that it's amazing to see that you will either win or learn but at the end of the day not many people have that many chances of learning, we all have different resources and different savings therefore it's wiser to learn and then invest than invest and learn from the outcome as well.

Crypto market is very different so what you learn from the traditional market you cannot apply here as well, therefore always be ready to explore more and at the same time learn more !

[sovie]

It's great to see when people read amazing books and apply whatever they learned here on the forum and their investments as well. I do think that it's amazing to see that you will either win or learn but at the end of the day not many people have that many chances of learning, we all have different resources and different savings therefore it's wiser to learn and then invest than invest and learn from the outcome as well.

Crypto market is very different so what you learn from the traditional market you cannot apply here as well, therefore always be ready to explore more and at the same time learn more !

That is correct - crypto is very different market - It makes people rich in a jiffy it can can steal all the money in jiffy.
If we take an example of Luna - -that was a huge disaster. But on the other hand many people got hold of the coins when the market crashed and they got benefited.

[kensaii]

The easiest way to learn something is by losing. Only when you lost your hard-earned money that you truly realize how stupid your was. That was the kind of force that made you to learn from your mistake and become better at yourself.

[sulendra12]

1. Money management is very important. It is better to have some plan than no plan.

This one is really important. It's not just giving you benefit on current date, but it will give you an ease to manage your money when your are older or even get married later. Without money management, who knows your money will gone without you even know it at first, it's always better to take care and watch your income and expanses.

2. Opportunity will come again and again so do not FOMO.

Yes, but the biggest problem about this one is that how you move on and treat it as your learning experience, instead of just falling into your failure. Once we can master this, we can at least control our emotion and can use that experience to use it on better place once the opportunity comes again.

[The Cryptovator]

Agree with OP, when we take everything positively then yes, we aren't losing. Whether we are earning or we are learning. But when you think financially, we are losing. Some people lose in bear season and some people make handsome money in a bear market. It depends on the situation and how we are trading.

Also, I have learned many things from crypto. Only a single wrong decision would destroy everything you eared. Sometimes lessons become too costly. Everyone can earn money. But everyone can't manage funds properly. Money management is quite hard.

[salad daging]

It has become common when they experience losses in a bear market situation, this cannot be avoided because the movement continues to decline and sometimes with our analysis it becomes messy because the price is unpredictable.

I've experienced big gains but on the other hand, I've experienced big losses, as now there is a prolonged bear market happening.

Money management is very important I have learned a lot about this from various sources including looking at advice from youtube, tiktok and instagram about its actual management.
With proper management, we can at least minimize it to prevent big losses, so I'm planting that now.

In crypto investment I am sure it will recover, not as long as it is bad, the price will definitely increase the asset will not be lost except its value.
Since the opportunity will come then I will wait in a few years.

I'm not going to be careless with any FOMO/hype that gets us trapped, but I'll do whatever it takes to avoid falling into the trap like I've experienced before.

Since the future is pretty bright in crypto then I won't be too worried.

[Fortify]

Recently I was reading one of the famous books called " Rich Dad and Poor Dad". This quote just changed my thoughts and reduces my depression. Like many others, I myself also made a huge loss in this recent BTC crash.

When I first came to the crypto world I start with only a laptop. This was all I have and I made a good amount of money because of the last bull season. But because of poor money management and lack of experience, I took a big amount of loss too. I do make some losses but the lesson learned is priceless.

1. Money management is very important. It is better to have some plan than no plan.
2. Opportunity will come again and again so do not FOMO.
3. Anything could go to zero no matter how big the project is(Luna disaster).

Now I know how cash circulates into the crypto markets. I know fundamentals are the most important part of a project. I again could do mistakes in the next bull season but I will be more mature than to handle the situation. I do take some losses but the lesson it gave me would save a hell lot of money in the future.

The two big things that did it for me, were being lucky enough to get up to a decent salary by falling into the right line of work and also doing a lot of research into money management which is your first point. It is very true that "it takes money to make money", what you'll find with a lot of people who started with very little is that they built up their fortunes brick by brick over a long time - it's not a case of trying to find a short cut to suddenly become wealthy, that happens to the tiny minority. You're better off sticking the vast majority of your money in a global index fund which tracks companies of all sizes and be happy with the return of 5-8% you can expect to get on average from the profits of all those companies.

[yhiaali3]

Yes, it is true that we all lost in the last drop of Bitcoin, there are also those who lost millions of dollars in the last Luna disaster, but this is not all and does not mean the end of the world for sure, this is the world of crypto. There is no permanent loss and there is no permanent profit either, so it is very important to benefit Of the lessons that you get from losing because it is what gives you real experience, I always say that loss is a paid educational course, so a person should not be sad about the loss, but rather learn and draw from it the necessary strength to move forward.

[Hydrogen]

I'm not a fan of the idea a person will learn valuable lessons from losing. Why can't they learn valuable lessons from winning as well.

It all comes down to the human mind being the biggest advantage people have over other life forms. Many truly believe they're better off not developing their minds. They fear the transformation which occurs when a person comes into contact with new ideas or knowledge which shifts their perspective.

Those whose minds are open to learning. Will learn valuable lessons from victory and defeat.

Its mainly those who are extremely stubborn, who can only be forced to do it through painful experience and crushing defeat.

[Japinat]

Recently I was reading one of the famous books called " Rich Dad and Poor Dad". This quote just changed my thoughts and reduces my depression. Like many others, I myself also made a huge loss in this recent BTC crash.

When I first came to the crypto world I start with only a laptop. This was all I have and I made a good amount of money because of the last bull season. But because of poor money management and lack of experience, I took a big amount of loss too. I do make some losses but the lesson learned is priceless.

1. Money management is very important. It is better to have some plan than no plan.
2. Opportunity will come again and again so do not FOMO.
3. Anything could go to zero no matter how big the project is(Luna disaster).

Now I know how cash circulates into the crypto markets. I know fundamentals are the most important part of a project. I again could do mistakes in the next bull season but I will be more mature than to handle the situation. I do take some losses but the lesson it gave me would save a hell lot of money in the future.

Losses are part in crypto and you would not manage to make profits in crypto if you never experience losses at first. So it's always part of your learning process and growth in crypto. However, having some good money management and long term investment plan will always give you an edge not to fall for huge losses, but i think it would still take time to realize and develop it after you have made initial losses.

[Zilon]

Now I know how cash circulates into the crypto markets. I know fundamentals are the most important part of a project. I again could do mistakes in the next bull season but I will be more mature than to handle the situation. I do take some losses but the lesson it gave me would save a hell lot of money in the future.

Fundamental analysis can't be neglected in any project. The same way you shouldn't wait for the next bull run to take profit. The market is still profitable in the bear. Losses makes traders wiser and smarter and the lesson it teaches never ends. I think you weren't prepared enough for the market. You took advantage of the bull season and it made a cool pay off. Now the trend is reversed you got lost. Take some cool time and revisit your analysis

[iv4n]

I think the point here is to stay calm whatever happens! When we get upset we make bad decisions, and making a few bad decisions in a row can be really harmful! So there's no need to get annoyed, to get upset, in the end, it's just a business and you either win or you learn something so that next time you can do better!

It's life! It's full of ups and downs, but it's important to have a clear mind and not let emotions disrupt you... we all learn about that as we grow! I guess it's hard to understand this before the 30ies and 40ies! Some of us learned the hard way, others had easy passage, it's an individual thing that depends on many factors, but I guess the bottom line is to stay focused and not let defeats affect you too much!

[Vaculin]

Recently I was reading one of the famous books called " Rich Dad and Poor Dad". This quote just changed my thoughts and reduces my depression. Like many others, I myself also made a huge loss in this recent BTC crash.

When I first came to the crypto world I start with only a laptop. This was all I have and I made a good amount of money because of the last bull season. But because of poor money management and lack of experience, I took a big amount of loss too. I do make some losses but the lesson learned is priceless.

1. Money management is very important. It is better to have some plan than no plan.
2. Opportunity will come again and again so do not FOMO.
3. Anything could go to zero no matter how big the project is(Luna disaster).

Now I know how cash circulates into the crypto markets. I know fundamentals are the most important part of a project. I again could do mistakes in the next bull season but I will be more mature than to handle the situation. I do take some losses but the lesson it gave me would save a hell lot of money in the future.

That's a good thing that you were able to realize the significance of losses because its the only way that we will start learning in the crypto. No one would be able to skip losses in this volatile market as losses are always essential for our learning process to takes place. That is why there's no need to fear about losing in the crypto market, its always a good strategy to motivate you and discover your strengths and skills that will give you an edge in crypto.