My thoughts and now my experience.

[arwin100]

Your last line was amazing and it's the reality in crypto world. If you want to earn without learning properly you may fall into a risk and lose funds. We should have much knowledge about crypto before planning to earn.

I'd even go as far into saying that it will be almost guaranteed to happen. Even if you're already well versed with the cryptocurrency markets, the risk of losing money is still quite high.

Unfortunately, losses will always be inevitable in crypto, regardless of how high your experiences are. Good thing is every losses comes with a great lesson too, so we should still look at it with positivity. However, knowing that crypto is highly risky, then we should exert more effort to DYOR as it’s the best way to lessen the risk  and increase the chance to earn profits.

Realization is big factor for us to learn something from the mistake we do before we lose our money. And even if you are veteran on the industry still you are prone to lose because at the end no one can really actually point out accurately what will happen but for sure for the events goes and we meet it again for sure we can counter those loses and think about good things that can help us to earn or recover.

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[Yamifoud]

Unfortunately, losses will always be inevitable in crypto, regardless of how high your experiences are. Good thing is every losses comes with a great lesson too, so we should still look at it with positivity. However, knowing that crypto is highly risky, then we should exert more effort to DYOR as it’s the best way to lessen the risk  and increase the chance to earn profits.

Realization is big factor for us to learn something from the mistake we do before we lose our money. And even if you are veteran on the industry still you are prone to lose because at the end no one can really actually point out accurately what will happen but for sure for the events goes and we meet it again for sure we can counter those loses and think about good things that can help us to earn or recover.

That is why instead of blaming ourselves due to our losses and for our mistakes, we make a habit to consider this as a way to improve ourselves. Because in reality, no one is perfect and you're right, even experts suffer losses for not all the time we made the right decisions. This is how the market looks like, people will just be about to commit mistakes in order to know that our strategies are wrong and take action for not occurring again but too unfortunate that it can't be perfect no matter what we do.

[Altryist]

That is why instead of blaming ourselves due to our losses and for our mistakes, we make a habit to consider this as a way to improve ourselves. Because in reality, no one is perfect and you're right, even experts suffer losses for not all the time we made the right decisions. This is how the market looks like, people will just be about to commit mistakes in order to know that our strategies are wrong and take action for not occurring again but too unfortunate that it can't be perfect no matter what we do.

It is important to draw conclusions and learn from your mistakes, because if this does not happen then there will be permanent losses. Mistakes are important for development, but if we are talking about trading, then these mistakes can be made while testing new strategies with small amounts, so as not to incur large losses.

[Hypnosis00]

That is why instead of blaming ourselves due to our losses and for our mistakes, we make a habit to consider this as a way to improve ourselves. Because in reality, no one is perfect and you're right, even experts suffer losses for not all the time we made the right decisions. This is how the market looks like, people will just be about to commit mistakes in order to know that our strategies are wrong and take action for not occurring again but too unfortunate that it can't be perfect no matter what we do.

It is important to draw conclusions and learn from your mistakes, because if this does not happen then there will be permanent losses. Mistakes are important for development, but if we are talking about trading, then these mistakes can be made while testing new strategies with small amounts, so as not to incur large losses.

But some people don't understand it. I'm not sure if they accept their losses or if that is something a close-minded person as whether we like it or not, people will commit mistakes. It is a way to review what we have done as it was not normal anymore to always suffer losses as surely there is something we did wrong and we need to find it. A mistake can be minimized if we also know how to correct it but if we still don't care and never change our strategy. Well, we also have nothing to expect then but just losses.

[serjent05]

   My thoughts and now my experience that newbies like I was can learn.

1. Emotions thoughts and feelings can hurt you if they were not researched.

It is always advised to shutdown emotions whenever we are engaging in trades and investment.  Research and facts should be prioritized since it often resulted in a successful venture.

2. You haven't learnt enough just yet. It's not wise to invest with your kindergarten knowledge, take time to on them first.

Life is a continuous process of learning.  So we should not stop learning especially when we are in venturing in financial industry.

3. The news can be a disguised trap, I made many investments because I followed the news and what many people were doing, this is a foolish move.

We should always verify every news we heard and apply whatever logic we can extract from it.  It isn't good to be hyped by the news, with that we are basing our decision on our emotions.  Better be calm and collect more information before doing any action.

4. Diversification that has no research behind it is foolish. I had thought that once you diversify you can do wrong, how wrong I was. You always have to diversify making use of research and don't be in a hurry to buy.

Diversification isn't bad and it is an SOP to do research in every investment, the worst thing is diversification beyond our capability.

[samcrypto]

4. Diversification that has no research behind it is foolish. I had thought that once you diversify you can do wrong, how wrong I was. You always have to diversify making use of research and don't be in a hurry to buy.

Would like to highlight this one since many are doing the wrong way of diversification since they are just buying coins/tokens without analyzing it and holding for years hoping for some profit but they failed on this one. Don't over diversified and just buy good projects that can last longer with the continuous improvements. Diversification is very important, we should always learn from our mistakes and as much as possible, don't deal with the fake projects.

[TimeTeller]

4. Diversification that has no research behind it is foolish. I had thought that once you diversify you can do wrong, how wrong I was. You always have to diversify making use of research and don't be in a hurry to buy.

Would like to highlight this one since many are doing the wrong way of diversification since they are just buying coins/tokens without analyzing it and holding for years hoping for some profit but they failed on this one. Don't over diversified and just buy good projects that can last longer with the continuous improvements. Diversification is very important, we should always learn from our mistakes and as much as possible, don't deal with the fake projects.

And if you diversify, remember to keep up yourself with the updates and progress.
So you won't be surprised that the coin is almost dying in the trading market, before you decide to discard it.
If you can't keep up with them, just select coins that are easy to access their development updates.
You are not only investing your money, but your time and other resources when you decide to invest on them.

[jrrsparkles]

3. The news can be a disguised trap, I made many investments because I followed the news and what many people were doing, this is a foolish move.

I would like to highlight this point because not only newbies even investors of cryptocurrencies for long time fall for this trap, they simply go with the hype and believe what is been showed to them in one or other way. Yet simply avoid FUDs.

For newbies the knowledge is important but as beginner mistake everyone thinks that they knows the market better but at the end they only get better with the bitter experience and everyone has to cross this path.

[yhiaali3]

It is good that you learned from your mistakes, these mistakes are the biggest teacher, it is true that the experience is harsh and the loss is difficult, but the important thing is for a person to learn from his mistakes because this gives him a great experience that he cannot get in any paid educational course, you have to look at the positive side of this harsh experience And learn from your mistakes and move forward and do not give in to despair, admitting mistakes and learning from them is the first step on the road to success.

[Mr. Magkaisa]

-  First of all, you can learn a lot here on this forum platform, and most of them will guide you to the things you want to know depending on what you want to say. You will experience a lot here from learning and trading in the crypto industry as well.

But of course, you should do some research before you take out money on the investment you want to make so that the capital you use for it is not wasted in the end.

[coinerer]

The situation of everyone who got into crypto just for profit without considering the negative aspects of crypto they lost drastically. An investor has to face a lot of losses due lack of investment knowledge that should have been emphasized earlier. Anyway, if the OP can read and understand a bit, I hope he will be successful in his career.

[Rockstarguy]

   
1. Emotions thoughts and feelings can hurt you if they were not researched.

Many have been deceived by their emotions in trading/investing,  they get carried away about their thought cryptocurrency is just as easy as what they imagine. Cryptocurrency is beyond imagination, cryptocurrency is real that has principles that must be followed.  Trading cryptocurrency with emotions without any knowledge always leads to pain and regret.  The problem is that most newbies always want to learn from their bad experience first. Bad experience makes people to go after knowledge.

[Smitty Werben Man Jensen]

That is why instead of blaming ourselves due to our losses and for our mistakes, we make a habit to consider this as a way to improve ourselves. Because in reality, no one is perfect and you're right, even experts suffer losses for not all the time we made the right decisions. This is how the market looks like, people will just be about to commit mistakes in order to know that our strategies are wrong and take action for not occurring again but too unfortunate that it can't be perfect no matter what we do.

It is important to draw conclusions and learn from your mistakes, because if this does not happen then there will be permanent losses. Mistakes are important for development, but if we are talking about trading, then these mistakes can be made while testing new strategies with small amounts, so as not to incur large losses.

It is very important when we make mistakes, we should learn from those mistakes.
at least that way we won't repeat the same mistakes,
what is clear is that there is no need to be afraid of mistakes because it is normal as long as we keep trying to learn so never be afraid

[Zilon]

I won't say investing with little knowledge about crypto is a bad move, what makes it bad is if after investing the investor who knows deep down they haven't known enough folds their arm without going back to improve on what they have learnt this is also applicable to the intermediate and pro crypto investors. Research is not only done once. Even after investing a closer look at your portfolio often will limit losses.

[traderethereum]

The situation of everyone who got into crypto just for profit without considering the negative aspects of crypto they lost drastically. An investor has to face a lot of losses due lack of investment knowledge that should have been emphasized earlier. Anyway, if the OP can read and understand a bit, I hope he will be successful in his career.

He will be successful if he is willing to learn more from others because crypto is one of the tools that he can use to make a profit.
And he must also consider the time to achieve that success because success can not always come in a short time.
An investor should try to find what can give him a profit in the future so that he does not make the wrong choice.
And it looks like @OP has learned a lot from his experience and mistakes, so we can expect him to improve even more in the future.

[rojan]

The situation of everyone who got into crypto just for profit without considering the negative aspects of crypto they lost drastically. An investor has to face a lot of losses due lack of investment knowledge that should have been emphasized earlier. Anyway, if the OP can read and understand a bit, I hope he will be successful in his career.

Those who invest should accept both profit and loss and invest. And if he thinks that he will always make a profit, then it is completely wrong. Sometimes there will be profit and sometimes there will be loss. We have to accept it. And if no one can accept it, then  He has to face many big problems. And if he does not have a common sense about it, he will never be able to do anything good or profitable.

[Ziskinberg]

I won't say investing with little knowledge about crypto is a bad move, what makes it bad is if after investing the investor who knows deep down they haven't known enough folds their arm without going back to improve on what they have learnt this is also applicable to the intermediate and pro crypto investors. Research is not only done once. Even after investing a closer look at your portfolio often will limit losses.

Besides, learning is continuous and that was because every day we don't experience the same things, the same problems and sometimes we got tested hard.  Now, if we are not able to look back and disregards our mistakes it is possible that we encounter the same again and again, and no such improvements to expect.
In fact, experience is a great teacher as we know but it never makes sense as well if we don't even learn from our mistake and just ignore it. And never have the time to correct it.

[AicecreaME]

Not every cryptocurrency that you can find in the market will give you profits, especially if you're doing spot trading and hodling, buy low sell high kind of strategy. That's why I agree that you need to make a research first before buying anything in the market. It's better to confidently hodl your coins in the long run because you know their potentials, unlike if you'll by random coins thinking it would go the moon in the future.

[Viscore]

Your last line was amazing and it's the reality in crypto world. If you want to earn without learning properly you may fall into a risk and lose funds. We should have much knowledge about crypto before planning to earn.

I'd even go as far into saying that it will be almost guaranteed to happen. Even if you're already well versed with the cryptocurrency markets, the risk of losing money is still quite high.

Precisely. No one gets guaranteed profits from crypto, it’s always about taking chances with high risk of losing most particularly if you never make thorough research from the start. However, even pros get the chance to lose but there’s always an advantage if you are more knowledgeable and skilled in the crypto market since you can maximize your gains and lessen the risk of losing.

[Oceat]

Not every cryptocurrency that you can find in the market will give you profits, especially if you're doing spot trading and hodling, buy low sell high kind of strategy. That's why I agree that you need to make a research first before buying anything in the market. It's better to confidently hodl your coins in the long run because you know their potentials, unlike if you'll by random coins thinking it would go the moon in the future.

Buying random crypto currency is like investing without doing some proper research that's why most of the results we experienced are at loss. It's better to buy Bitcoin than any random crypto currency or shitcoin that has no value in the long run but the problem is these people prefer the cheap shitcoin than buying Bitcoin because most of them think that they won't own a single Bitcoin instead of just buying the sats. Maybe this was the reason why most of them invested on those shitcoin or someone might be shilling it to them therefore they lack of research to either crypto currency and that's the fault of newbies.