stomachgrowls
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June 25, 2022, 10:46:33 PM |
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Not easy to learn when you have not failed yet. But when you have failed before, you'll start avoiding doing it again. You should learn to buy back in the process of learning because this is where you get more profit when you know when to buy back.
If your goal is just to make money, you may not really own something you can't control of. But if your goal is to get more BTC within your personal wallet. You've learned. I think I heard this from Max Kaiser.
That’s the fact, you won’t care to learn unless you start seeing failure and experience it. But let’s say, mistakes and losses are definitely good motivation to raise you up again. With proper motivation and good financial management, and with long term investment plan and goal, despite of the market continue being bearish, you will never lose as long as you continue taking advantage of the market by buying and hodling more. In the end, crypto will never bring a lot of losses if you know how to handle everything, regardless how bearish the market is. Mistakes are learning curves or stepping stones for you to make yourself even more better or a good trader or investor on which if you cant experience losses then you wont really be progressing yourself since you cant really miss nor make out some mistake which is something that we do know thats impossible to happen.This isnt something that you could really just attain without experiencing those unfortunate events.Some people arent really just too welcome when it comes to losses or mistakes which it might be the reason instead for them to stop rather than learn. We do start on being a noob and with those events of losses then we do eventually learnt up from that.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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minime0105
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June 25, 2022, 10:57:46 PM |
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Getting money is very easy but management of money is another thing some one have to learn more about for live in exception of university knowledge, i understand that cryptocurrency method of money is a chance and the chance can be when you did not expect it and you get your money in a bunch. Before you started this i thought you lost what you achieved for investing for coin that doesn't have support function not knowing that it's the way you manage your economy
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Mauser
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June 26, 2022, 07:08:22 AM |
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Robert Kiyosaki is an awesome motivational speaker, he really can motivate people to learn more about money management and investing. Rich Dad, Poor Dad is a must read for everybody who wants to manage his own finances. He recommends to all of us to invest in ourselves and our future. In high-school or university we don't learn about money management, we have to do it in our own time. If you like his books I also recommend you check out his YouTube channel. He is doing 1 hour news shows where he talks about current issues and also invites famous guests to speak about investing. In his last show they spoke again how unprepared students are after graduating. Most of them having 100-250k USD in student loans and not being able to manage their first earned money. Universities are not preparing students for life.
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bayudndy
Full Member
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PredX - AI-Powered Prediction Market
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June 26, 2022, 07:34:32 AM |
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Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.
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virasisog
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June 26, 2022, 11:40:41 AM |
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Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.
There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation.
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robattfield
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June 26, 2022, 12:25:31 PM |
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It would be great if we could build a clear plan for the investment process in terms of capital management. This helps to reduce the possibility of risk. But after many years of investing in this market, I understand that losers just like me here make basic mistakes and need time to learn. And over time, we will do better with those lessons. Always think positively and tell yourself to make things better.
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sovie
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June 26, 2022, 07:03:32 PM |
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There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation.
sometime a few things are worth not giving time and energy. Its better to learn from other people mistakes and do not indulge in those activities which are worth not your time and energy. better safe than sorry!
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famososMuertos
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LE ☮︎ Halving es la purga
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June 26, 2022, 08:32:55 PM |
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...//...,,,,
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).
...//...:::
1.- Point one is so basic and applies to the generality of life, it is incredible to think that someone cannot have correct capital management, in fact I believe that simple things such as having an austere life teach anyone, anyway if you having +18 but zero education and training, you will fail in any area of life, managing your income correctly is a fundamental part of your personal and professional growth and in the consequent of the responsibilities acquired over the years. 2 and 3. It is the problem with the crypto world, it is open to all like no other type of previous investment that has existed, that opening has caught many off guard. 3. No! an investment has different probabilities of being successful, your bad results are defined based on that percentage of confidence that you gave it for the processed information, if the return is zero, no problem next investment, it is assumed that you have a banking management that assumes losses, even with zero return.
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jostorres
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June 27, 2022, 07:43:27 PM |
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Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.
There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation. The "accept the losses" part is basically just saying that you are doing something wrong, but you are learning what that wrong thing was, and next time you are trading, you will not make that wrong thing. That is an awesome thing and if people could repeat that each time they make a mistake, a person who made a ton of loss would end up with a lot of profit in the long run. I know that it is not going to be simple because you are making a loss in the end, which means that you are losing money and we do not have unlimited pockets, so we can't constantly make a loss and then expect to go on, we will be out of money after a while. But if we could break even, so make a loss, learn something, then recover that, then we can do this for a long time and be great at it in the future.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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FanEagle
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June 28, 2022, 06:32:27 PM |
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This has what happened to me as well. I have been in crypto for many many years now, and I didn't lose money at all. But, I could have been a multi-millionaire if I kept some stuff going on instead of selling and this is what I learned.
Even if you buy at 1 and sell at 2 and think you made a profit, it could be 100 the next few years and you will be in big shock, you could have made 100x instead of 2x if you just waited. I doubt I would get a chance for that much profit again, but I am not selling anything just because I am in profit or even when I am in big loss anymore. I just wait, and hope for the best. It has helped me make a bit more profit this way but I didn't take it, waiting for even more.
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milewilda
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June 28, 2022, 06:41:21 PM |
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There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation.
sometime a few things are worth not giving time and energy. Its better to learn from other people mistakes and do not indulge in those activities which are worth not your time and energy. better safe than sorry! Would really be just common sense neither you would really be that avoiding or tending to engage a particular thing basing on what you are seeing because you could neither see if its worth or not. Its true that it isnt necessary for you to experience those things first before you would avoid it in next time on which you could able to do it once you are aware since you had made out some research or you've been fully aware on whats happening around which is really an advantage rather on having zero knowledge or awareness at all.Mistakes are there as always yet we dont start on being a pro which does mean that we are really prone to that but not all would really be having that kind of mindset on how you would gonna handle up things along the way but its not really that bad to have that kind of consideration on learning something in advance.
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Sebas.tian
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June 29, 2022, 01:02:16 PM |
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It would be great if we could build a clear plan for the investment process in terms of capital management. This helps to reduce the possibility of risk. But after many years of investing in this market, I understand that losers just like me here make basic mistakes and need time to learn. And over time, we will do better with those lessons. Always think positively and tell yourself to make things better.
Many investors has learned from other people mistakes in the crypto market, that made them to become a professional profits making in the community. It will be very difficult for people to miss this opportunity this time around, because nobody what to sell in the market not to experience losses than to hold for the price to move higher before they can sell to experience profits in their Long term investment. I think, the price of coins will definitely increase higher before the end of next month because many coins price will definitely increase higher for both short term investors and long term investors to make a passive incomes.
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Altryist
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June 29, 2022, 02:07:55 PM |
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Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.
Your own experience is invaluable, because only in this way can you learn the lesson best. Until a person himself loses money due to a long-term holding of a scam token, he will not begin to record a profit. Or until the trader loses money on a big dip, he won't put stops. At first, you think that you are smarter than others, but life takes such a price for lessons, and it’s good if these lessons are learned on time.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Dunamisx
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June 29, 2022, 08:32:05 PM |
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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. I can't dispute the fact that some lessons were best learned through experience, but it must not be a costly one that could wreck one down to a mess, now i begin to see the relevances of the subject economics being taught in schools as an important aspect that has it application in the later stage in life such as this, one of the mistakes many do is because they follows what others do without having a deeper conviction in person.
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Quidat
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June 29, 2022, 08:59:51 PM |
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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. I can't dispute the fact that some lessons were best learned through experience, but it must not be a costly one that could wreck one down to a mess, now i begin to see the relevances of the subject economics being taught in schools as an important aspect that has it application in the later stage in life such as this, one of the mistakes many do is because they follows what others do without having a deeper conviction in person. Mistakes are the best experience and learnings you could take.It is really just there are people who cant really just accept their errors or mistakes and tend to stop completely rather than on making learnings from it. Errors are stepping stones on which you would really be needing for it to be realized so that you could really make yourself a better investor or trader which you are aware on what are the things that could possibly happen and comparing the knowledge when you are still newbie and that experienced ones then you could really see the big differences or significant changes. Not all do end up on being positive though because it all matters on someones effort and perseverance on dealing up with things.
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Furious 7
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June 29, 2022, 10:07:31 PM |
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I can't dispute the fact that some lessons were best learned through experience, but it must not be a costly one that could wreck one down to a mess, now i begin to see the relevances of the subject economics being taught in schools as an important aspect that has it application in the later stage in life such as this, one of the mistakes many do is because they follows what others do without having a deeper conviction in person.
Actually if we can balance it would certainly be much better. What I mean is because we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect. But on the other hand, when we only rely on experience without a correct theory, it is also quite difficult now because we still have to learn something from some of the existing theories so that when we adopt the theory and combine it with experience, we feel clearly this will be better.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Jody.Drummer
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June 30, 2022, 01:55:01 AM |
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Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.
This is a problem because sometimes our expectations are too high which makes us unable to wake up and are still in the shadows of fantasies that don't stop, even though when we are aware of our capacity and don't have too high expectations, this is clearly a good thing to do. But in fact, almost everyone has done this, even me when I first entered crypto, obviously my expectations were very high and thought it was easy to get big money, but my expectations like this were slowly broken by the fact that it didn't fit and the process didn't work as easy as imagined.
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Dunamisx
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June 30, 2022, 12:51:03 PM |
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Mistakes are the best experience and learnings you could take.It is really just there are people who cant really just accept their errors or mistakes and tend to stop completely rather than on making learnings from it some mistakes are better avoided than learning from them because of the weight it may carries, that's why some prefer learning from others mistakes than theirs, while as for those that dont keep to learning or being corrected, it will surely cost them than it will benefit them. we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect. you're right, that's why many go with the word that says experience is the perfect teacher, and is one of the easiest ways to knowledge acquisition, no matter how rich and educated a child is, he can never have the live experience of a grown up adult.
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Pujangga
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June 30, 2022, 03:49:41 PM |
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Today I learn again, of course we didn't think that today the market dropped again below $20k, of course this made us have to be wise and learn a lot, and if we are daily trading then selling immediately when we have 5% profit is a better thing than continuing to hold but the price returns drop.
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Gyfts
Legendary
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June 30, 2022, 06:26:15 PM |
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I just admired the way you ended up your story unlike some persons out there they give too much attention to the amount of money lossed and forget that a lesson should actually be leant from the manner in which their loss came about.
Luna really recked many investors and some are still struggling to gradually come out of their losses but it shouldn't deter anyone from continuing to invest. Just like in the real world out their through failure many persons have leant new ways to better do things, only that here in cryptocurrency trading our failures are accompanied with financial losses.
I would say that the best thing we could learn from Luna would be not putting all of your money into one basket. I have seen plenty of people losing way too much money on it, when asked why they put that much money into it, they said they saw it go up super high before. That is not a good reason to invest into something, you could see something that goes up 10x, and that usually means that you already missed your chance, but even if not, then just because it did 10x once upon a time, doesn't mean there is no way it won't go down neither, nor crash. This is why I would highly suggest that the best thing that could be done would be making purchases from all kinds of coins to diversify your portfolio. UST was never meant to hold its peg. I'm convinced any investors in Luna were just hoping that it would hold out long enough for them to run away with their profits. It wasn't even worth diversifying into, let alone putting your entire net worth into an unstable alt. The lesson of Luna was not to diversify, it was to not diversify into garbage alts. Any investor diversifying into Bitcoin is wise, any investor diversifying into alts like Luna or (insert next Luna-type project here) is a fool.
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