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Author Topic: You win or you learn.  (Read 1071 times)
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June 20, 2022, 10:56:18 PM
 #41

Like many others, I myself also made a huge loss in this recent BTC crash.


you will only have losses if you sell your coins, imagine that you bought when the price was 50,000$, so at the moment you bought you had to have already considered the money invested as something that you could lose at any moment, with that thought in your head everything what you would need to do and be patient and not sell at a loss and wait (even if it takes centuries) that one day the price will be above 50,000$, while you wait for the price to recover you can buy bitcoin with each price drop, that way in At the end of the day you will be profiting and you can even recover your loss very soon. nothing is lost, you don't have to go into depression, you just need to believe and you have to use your head

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June 20, 2022, 11:12:05 PM
 #42

Losses or simply mistakes that had committed is something needed for you to learn and comes mature or aware on how this market works or behaved that's why accept those mistakes and learn from it and don't make yourself to be that close minded and reason for you to stop just because you are afraid for it to happen.Losses are inevitable but once you do gain experience then you do know on how to minimize losses along the way,so keep improving until you do have a good grasp in the market.

R


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June 21, 2022, 05:21:14 AM
 #43

The truth is that if you are in control you win all the time without losing.  This can only possible in a Perfect World where you actually know things ahead of time and have control over them.

A perfect world exists but is often denied by those living in the imperfect world. It's a World ruled by the CREATOR of all things,and it exists on Earth.

Why do we need a perfect world? Those who fear changes complained about the world not being perfect. Changing the world is a hard thing so why don't you pick an easy one. Change yourself you will get a perfect world.

New things are good because they bring more opportunity and knowledge.
we always want something perfect, but it's impossible to happen. it is from that imperfection that we can take lessons from it, where we can learn to be sincere and always think positively and optimistically. therefore humans are created with a deficiency, so that they understand themselves. as well as analysis which cannot be 100% accurate, but we still get results

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June 21, 2022, 08:02:07 AM
 #44

For now i'm feeling victorious because i didn't sell when the red price was below $20k even i'm happy because the last time i bought was when the price was $18400, unfortunately i only bought around $400, but the other thing that makes me happy is that some altcoins are also continuing to go up and i'm optimistic that cryptocurrencies deserve to be said to be the best investments today.
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June 21, 2022, 10:14:25 AM
 #45

I like the title cause for me it's true you would only lose if you didn't learn from your mistakes.
And think about your loss on trading as an experience and learn from it.
I think most of us loss some money from this bearish market.

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June 21, 2022, 12:19:51 PM
 #46

The truth is that if you are in control you win all the time without losing.  This can only possible in a Perfect World where you actually know things ahead of time and have control over them.

A perfect world exists but is often denied by those living in the imperfect world. It's a World ruled by the CREATOR of all things,and it exists on Earth.



Yes, it is impossible to always get only profit. This is very often out of your control, especially during a crypto crisis like this. I also lost a fairly large amount, I had a plan and it did not help me. I'm thinking of leaving all my assets before the end of the crypto winter, this is my only new plan right now.
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June 21, 2022, 02:40:28 PM
 #47

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.

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

- That's true because if we only spend money without the desired goal or the right goal, our capital money will go to waste.

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

- Agreed, we shouldn't be deceive by this FOMO( Fear out missing out ) let us learn from the false experience of others who have believed in
  such things. Then we have a lot of choices here for the opportunity to earn well and beautifully in the future.

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

- Luna is one example that we should learn to be even more careful in choosing the token
  that we will hold for a long time or for a short time.


.SWG.io.













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June 21, 2022, 02:49:00 PM
 #48

The truth is that if you are in control you win all the time without losing.  This can only possible in a Perfect World where you actually know things ahead of time and have control over them.

A perfect world exists but is often denied by those living in the imperfect world. It's a World ruled by the CREATOR of all things,and it exists on Earth.



Yes, it is impossible to always get only profit. This is very often out of your control, especially during a crypto crisis like this. I also lost a fairly large amount, I had a plan and it did not help me. I'm thinking of leaving all my assets before the end of the crypto winter, this is my only new plan right now.

Nothing will exist like that because for sure we experiences those heavy losses especially the one brought up by bear market season. Even though the case sometimes will happen like this we should set un our minds or learn that scenario is good learning experience to be learn and for sure in future once you became knowledgeable, profit will come and that would be worth it for people especially those people can able to hold for long time periods.

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June 21, 2022, 04:09:42 PM
 #49

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 author of the book is Robert Kiyosaki who is actually a supporter of Bitcoin so he is not going to let the people to think bad about his ideas and lesson, personally I love to read his quotes and watch his interviews because it shows the reality and better knowledge about what is money but not completely agree with him as well especially the debt because its only good for suoer rich not for middle class so its also important which one need to pick and the ones to avoid because nothing is perfect.

Start saving this is the first step and better later than never should be kept in our mind.









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June 21, 2022, 06:01:30 PM
 #50

A lot of people have criticism towards the author Robert Kiyosaki and his book "Rich Dad and Poor Dad" and other books that he wrote.. but he is challenging the norm. I read most of his books and "Rich Dad and Poor Dad" was one of the best.  Wink

I am glad that you made mistakes and that you had the courage to try again and also that you learned from your mistakes to improve in the future. Some people make mistakes...... blame other people ...and simply give up. (Those people will not succeed in becoming a success in Crypto currencies)  Roll Eyes

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June 21, 2022, 09:13:06 PM
 #51

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 is why crypto will always be a win-win scenario. You lose but you still end up learning your lesson as well. Mistakes from our decision making will always be inevitable, but somehow it makes you mature and create wide understanding on how crypto market moves. However, if you have good money management and you are able to maximize your investments in bitcoin and in established altcoins, losses are still inevitable but somehow you can manage to maximize your profits over your unstoppable losses.

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June 21, 2022, 09:34:32 PM
 #52

For now i'm feeling victorious because i didn't sell when the red price was below $20k even i'm happy because the last time i bought was when the price was $18400, unfortunately i only bought around $400, but the other thing that makes me happy is that some altcoins are also continuing to go up and i'm optimistic that cryptocurrencies deserve to be said to be the best investments today.
Doesn't matter how much you invested, it only matters how much it means to you. If you invested an amount that matters to you and when it doubles that would be a good money then you should be happy about it. Plus, the price is not back to ATH levels of anything, it's still quite low which means that you still have time to buy some more.

This is how you could make a good income, just work for crypto as well, that would be a great deal. Think about it this way, if you work for a whole month, earn 1k dollars, and wait for it to be 60k, then you will be basically getting paid 3k dollars for it instead, do that for the past 2-3 months and you would have 10k dollars combined. That's how many people got rich, worked hard instead of investing, that's an option too.

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June 21, 2022, 10:13:59 PM
 #53


This is VERY true, I remember I started with something like 20 bucks, that was my first ever investment into crypto, ever since that day I invested more, cashed out, earned, spent and many other things in crypto, but the very first one was 20 bucks. Thats all it takes to get you started, after that you will find your groove and it will get bigger. I personally believe that the best thing we can do right now would be keep buying more and more as long as we can afford it, you are right that you can earn a good chunk as well, even the signature campaigns has started to pay close to 100 bucks a week, thats 400 bucks a month, quite big amount if you ask me, bigger than the minimum wage in turkey for sure Cheesy

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June 21, 2022, 10:17:01 PM
 #54

financial management and strategy are two important lines that will make a person get what he has targeted. especially in the crypto world everything can happen the opposite of what is seen because we can't bet with this because this is not a gamble we lose and leave it. for those who can get to know the traditions and strategies of trading or investing crypto they will understand what opportunity, patience and faith are

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June 21, 2022, 11:12:52 PM
 #55

financial management and strategy are two important lines that will make a person get what he has targeted. especially in the crypto world everything can happen the opposite of what is seen because we can't bet with this because this is not a gamble we lose and leave it. for those who can get to know the traditions and strategies of trading or investing crypto they will understand what opportunity, patience and faith are
Some people learn it hard way others are born smart in money management dealing. There is another type who are good at scamming people and making money out of it. So everywhere this money game is driving people crazy. But then again - you win or you grab a lesson.

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error08
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June 21, 2022, 11:15:23 PM
 #56

Like many others, I myself also made a huge loss in this recent BTC crash.


you will only have losses if you sell your coins, imagine that you bought when the price was 50,000$, so at the moment you bought you had to have already considered the money invested as something that you could lose at any moment, with that thought in your head everything what you would need to do and be patient and not sell at a loss and wait (even if it takes centuries) that one day the price will be above 50,000$, while you wait for the price to recover you can buy bitcoin with each price drop, that way in At the end of the day you will be profiting and you can even recover your loss very soon. nothing is lost, you don't have to go into depression, you just need to believe and you have to use your head

it also contains losses when someone buys bitcoin at $50k but doesn't sell it at $60k, as the market price of bitcoin keeps fluctuating due to volatility, we all want our investment or portfolio to increase over time not the other way around, because it's better to sell bitcoin at that price higher and buy back at the lower price as the current price at $20k.
but for numerous people who miss taking advantage of the bitcoin price that has plummeted, yes it is better to hold on to what you have, don't sell it at loss.
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June 21, 2022, 11:41:52 PM
 #57

financial management and strategy are two important lines that will make a person get what he has targeted. especially in the crypto world everything can happen the opposite of what is seen because we can't bet with this because this is not a gamble we lose and leave it. for those who can get to know the traditions and strategies of trading or investing crypto they will understand what opportunity, patience and faith are

But before we go to that stage we provably experience from losses on different type of investments, because for sure on early stage we are easily been hype because some of people hyping up this new things introduced to us. Experience is really a best teacher and after we learn from our past mistake then we are much careful about investment talks also on selecting good platform for us to invest.

R


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June 22, 2022, 03:52:34 AM
 #58

For now, of course, I'm learning more, the market that has dropped significantly in the last 2 weeks makes us have to do a lot of analysis and what I get is that I immediately sell when I have a big profit, there is always an opportunity to buy at a lower price.
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June 22, 2022, 05:32:03 AM
 #59

I agreed with what OP said but I have also seen people who have made the same mistake again and again. Doing mistakes only will not change anything if you are not sincier enough to do research and find out what you have done wrong. Some people just throw money at something and wish for luck to make profits. Investment is more like gambling for them, not business. So the big question here is whether you are really willing to improve yourself and learn something or you are just those types of people who wish for better luck.
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June 22, 2022, 05:36:28 AM
 #60

Thats why there's a saying "experience is the best teacher" because thats how you'll going to learn that can give you a good lesson. After different experience about gaining and losing, you'll realize the mistakes you committed after worse scenario happened.

Its really a must to have plan, it can lead you to the right path when it comes to managing your money and investment. In crypto, nothing is permanent thus learn to take advantage every situation, there's always a good side that not everyone can see.

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