My thoughts and now my experience.

[GeorgeJohn]

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.

It's very obvious that nobody succeed in cryptocurrency without having the basic knowledge of cryptocurrency, but some people who rush and venture into cryptocurrency continuously to get lose in cryptocurrency because they have not scrutinized the system of cryptocurrency investment before venturing into it, you have to learn the basic concept of cryptocurrency first before investment, so it's my advice to the newbies.

[1714652461]

1714652461

[1714652461]

1714652461

[justdimin]

The experience only made you stronger but it doesn't mean you became a master of cryptocurrencies.

What if you are really a pro at it? I think its a waste of time to make a research again when what you can find is the same as what you have learned on the past and asking others a question is like fooling them and yourself but there are people who act like a pro when the truth is that they are still starting on cryptos. This rule mainly applies to them.

Bad news can really affect the market and and sometimes it can create panic,
and panic will make us sell our assets at the wrong time,
better learn more about the crypto market and spend as much time as possible on it

News do have a certain effect on this market. If it's a positive news then the effect is also positive but negative news can also have a negative effect. Seeing your investment go down because of it, won't give you panic attacks if you are aware that cryptos can recover from a bad fall and negative news are not permanent but time will come that positive news can come which can aid the cryptos price.

[Vaculin]

Hello everyone I joined this forum over a year now and I was very excited to join. I warmly by the forum members and I felt very welcomed. I had great ambition oh well I think my ambitions were overly much.

I had some thoughts about cryptocurrency and I thought they were enough for me to achieve all I had come here for.
I didn't spend much time and jumped into the crypto market and I guess it swallowed me. I ventured into investing, trading, schemes and everything that I thought would give me profits. How wrong I was, I made bad investments that were from my imagination that anything I touched in crypto would favour me all I had to do is buy a low and affordable coin and hold.

Long story short I have some coins in my possession that are dead and from reality now those coins won't rise again.

Your story is very common, many people come to this market thinking about all the money they can make but they never think about all the money they can lose, and this is very disturbing, because if you take a look at the statistics about the overall success of anyone that tries to trade or to invest you will see that the majority of people do not really get good results, and this is because they are so blinded by their greed that they try all kinds of methods to make money without really knowing what they are doing, and instead of getting profits what they do is to accelerate the rate at which they lose money, and only once they have lost most of their capital that is the moment when they begin to think about all the things they have done wrong.

Unfortunately, newbies who come to invest in the market are even more confident that they can beat losses in crypto, and since they are mostly motivated by greed, they spend too much investing even in new projects that are currently in hype, and turn out to learn their lessons only when they start experiencing losses and regrets from their own decisions. However, with OP’s desire to correct his mistakes so he can attract possible profits, hopefully this time he’ll start to achieve his goal and maximize his profits more than losses.

[LastKiss]

~snip~

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

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.

~snip~

Everyone will have their mistakes when it comes to investment, those mistakes will become our experience so we will do more better next time when we want to look for a new investment program/project. Many new people got scammed because of seeing ads on media social, on news, and on others. Having a good mindset will help us a lot, especially in this bear market.

[Desscount]

~snip~

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

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.

~snip~

Everyone will have their mistakes when it comes to investment, those mistakes will become our experience so we will do more better next time when we want to look for a new investment program/project. Many new people got scammed because of seeing ads on media social, on news, and on others. Having a good mindset will help us a lot, especially in this bear market.

Mistakes are made as setbacks and we better deal with them wisely,
mistakes will make us aware and learn not to repeat the same mistakes,
indeed the more experience it will make us better

[taufik123]

Unfortunately, newbies who come to invest in the market are even more confident that they can beat losses in crypto, and since they are mostly motivated by greed, they spend too much investing even in new projects that are currently in hype, and turn out to learn their lessons only when they start experiencing losses and regrets from their own decisions. However, with OP’s desire to correct his mistakes so he can attract possible profits, hopefully this time he’ll start to achieve his goal and maximize his profits more than losses.

And this has also happened to me who came as a beginner who was too confident that the crypto world was easy to conquer and would provide many advantages. But after knowing and being in crypto I began to understand how big the risk would be if we didn't learn the basic lessons of cryptocurrency. Always interested in new projects that are hyped without realizing that the shadows of loss will come.

Regret will indeed be the end result and we already know the ending that from these mistakes we can learn and begin to improve ourselves so as not to get stuck in the same hole. Experience is a good teacher and a reminder that we have made mistakes and must correct them.

[BuNga_cute]

~snip~

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

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.

~snip~

Everyone will have their mistakes when it comes to investment, those mistakes will become our experience so we will do more better next time when we want to look for a new investment program/project. Many new people got scammed because of seeing ads on media social, on news, and on others. Having a good mindset will help us a lot, especially in this bear market.

Mistakes are made as setbacks and we better deal with them wisely,
mistakes will make us aware and learn not to repeat the same mistakes,
indeed the more experience it will make us better

Because to be a successful person in any case, we must definitely feel how it feels to make a mistake. The mistakes we make will not make us
a failure if we can learn from every mistake we make. As you said mistakes will make us realize how to do things right, because we learn not to
make the same mistakes in the future and try to correct every mistake we make. That's why experienced people are much more likely to succeed
than newbies, because experienced people have experienced a lot of mistakes made, so experienced people better understand how to make
good decisions. So don't be afraid to make mistakes, it's normal for everyone. The most important thing is how we learn from the mistakes
we have made.

[Sanitough]

...all I can say to the newbies is that grow your brain before you try to grow your portfolio.

Good advice, but i believe newbies will be just like you, only after experiencing bitter loss of money will they realize that new knowledge is the first thing required in this market before you want to grow or earn money in the market. I myself used to be like that, didn't listen to anyone's advice, just followed what I thought and only when I really lost did I realize that everyone's advice is correct word for word. That's why I have very little advice for newbies, I also want them to experience to have the most authentic view of the market, I think there is no better free lesson than a paid lesson.

Maybe newbies are just like that, not only in crypto but in all aspects of life, we only learn our lesson in the end, not at beginning or the time we started to invest. And that’s what they say learned it the hard way. However, there’s no wrong in learning from your mistakes and losses, as long as you’re willing to correct them and won’t never give up but always move forward to finally reach the goal of success in crypto.

[Silberman]

Hello everyone I joined this forum over a year now and I was very excited to join. I warmly by the forum members and I felt very welcomed. I had great ambition oh well I think my ambitions were overly much.

I had some thoughts about cryptocurrency and I thought they were enough for me to achieve all I had come here for.
I didn't spend much time and jumped into the crypto market and I guess it swallowed me. I ventured into investing, trading, schemes and everything that I thought would give me profits. How wrong I was, I made bad investments that were from my imagination that anything I touched in crypto would favour me all I had to do is buy a low and affordable coin and hold.

Long story short I have some coins in my possession that are dead and from reality now those coins won't rise again.

Your story is very common, many people come to this market thinking about all the money they can make but they never think about all the money they can lose, and this is very disturbing, because if you take a look at the statistics about the overall success of anyone that tries to trade or to invest you will see that the majority of people do not really get good results, and this is because they are so blinded by their greed that they try all kinds of methods to make money without really knowing what they are doing, and instead of getting profits what they do is to accelerate the rate at which they lose money, and only once they have lost most of their capital that is the moment when they begin to think about all the things they have done wrong.

Unfortunately, newbies who come to invest in the market are even more confident that they can beat losses in crypto, and since they are mostly motivated by greed, they spend too much investing even in new projects that are currently in hype, and turn out to learn their lessons only when they start experiencing losses and regrets from their own decisions. However, with OP’s desire to correct his mistakes so he can attract possible profits, hopefully this time he’ll start to achieve his goal and maximize his profits more than losses.

In a way it is interesting how this works, the less people know about this market the more confidence they have they can actually make profits in it, but the more you begin to learn about it and all the mistakes you can make the less confidence you have about it, but this is a good sign as the less confidence you have then the lesser risks you will take and you will be more willing to spend some time trying to prepare yourself in order to reach your goals.

[palle11]

Maybe newbies are just like that, not only in crypto but in all aspects of life, we only learn our lesson in the end, not at beginning or the time we started to invest. And that’s what they say learned it the hard way. However, there’s no wrong in learning from your mistakes and losses, as long as you’re willing to correct them and won’t never give up but always move forward to finally reach the goal of success in crypto.

For trader to be more knowledgeable to the market, there is nothing like learning from another person mistakes. This means there is not like being wise by learning from another person mistakes because the emotions have to be tested to know if you can take up the task of a trader. Therefore, this line

there’s no wrong in learning from your mistakes and losses

is suppose to be

it is normal to learn from your mistakes

.This important to know that you must make your mistakes and learn from it as far you talk about trading. You must share your experience not someone's experience.

[NicNacCoin]

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.

Absolutely right,You cannot be successful in anything without knowing and listening properly To be successful, you must be knowledgeable. Especially if you want to trade on a trading platform, you must have adequate listening skills.Otherwise you will never earn anything good from that trading platform and you will lose all your money there.At some point you will be completely destitute.

[tvplus006]

...I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.

You could pay for training instead of paying for the experience you gained from unsuccessful trading and investing. It is possible that it would take you less time to acquire such an experience than it took for independent study. However, you have already figured out the source of your mistakes, and in the future you will have fewer disappointments that trading brings.

[serjent05]

The experience only made you stronger but it doesn't mean you became a master of cryptocurrencies.

What if you are really a pro at it? I think its a waste of time to make a research again when what you can find is the same as what you have learned on the past and asking others a question is like fooling them and yourself but there are people who act like a pro when the truth is that they are still starting on cryptos. This rule mainly applies to them.

It is a good thing to revisit and retest things we experienced.  We don't need to experience them firsthand but by observing people who happen to have the same mistakes but did a different approach to solving them.  After all, there are varieties of way to solve a single problem, and it is best to know which one is the best for us.

Bad news can really affect the market and and sometimes it can create panic,
and panic will make us sell our assets at the wrong time,
better learn more about the crypto market and spend as much time as possible on it

News do have a certain effect on this market. If it's a positive news then the effect is also positive but negative news can also have a negative effect. Seeing your investment go down because of it, won't give you panic attacks if you are aware that cryptos can recover from a bad fall and negative news are not permanent but time will come that positive news can come which can aid the cryptos price.

The market is greatly affected by news and rumors .  It is where FUD and hype came from.  The cryptocurrency market always reacts to news whether it is good news or bad news.

...I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.

You could pay for training instead of paying for the experience you gained from unsuccessful trading and investing. It is possible that it would take you less time to acquire such an experience than it took for independent study. However, you have already figured out the source of your mistakes, and in the future you will have fewer disappointments that trading brings.

Or you can do your own research and learn from the other traders who shares their experience, mistakes and decisions.  Our life isn't enough to acquire all the knowledge in trading by our own experience of trial and error besides it is too expensive if we have a 1st hand experience of those failures and errors.

[gunhell16]

With cryptocurrency becoming more popular, newbies these days are very aggresive when they invest on crypto which most of them think that it is a quick rich scheme. They are easily influenced on what they saw on internet platforms like tiktok or youtube. They are too focused on the potential profit of investing in crypto that they tend to forgot learning its fundamentals.

I agree with you Sir, that is often the problem with newbies who enter this industry, what they think and see is how to make a lot of money, and they often forget to study and research first, but instead of doing this, they believe more in what others say, so many of them are deceived and quickly lose their capital that they will allocate here because they have been led to sweet promises and hyped.

That's why what others are saying here is right what will teach us here is experience, not the beautiful promises that can only be read here. That's why we often read here do it at your own risk so you have no one else to blame if you make a mistake but yourself.

[adzino]

-snip-


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

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

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.

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.
-snip-

1. It is something natural and normal. You can't suppress your emotion even if you did your research and was prepared for everything.

2. It is better to invest with the knowledge you have instead of only reading and watching videos. Start small, learn from your mistakes and go big!

3. Always buy the rumor and sell the news. You will never make profit if you buy the news.

4. As long as you are investing in well known coins, you will be fine. And what you said is right. Don't FOMO!

[Rockstarguy]

With cryptocurrency becoming more popular, newbies these days are very aggresive when they invest on crypto which most of them think that it is a quick rich scheme. They are easily influenced on what they saw on internet platforms like tiktok or youtube. They are too focused on the potential profit of investing in crypto that they tend to forgot learning its fundamentals.

This is the mindset of every newbie, they only see cryptocurrency as something that can only bring profits.  Most newbie are not aware that crypto is volatile because most of them fails to make research to understand what crypto is all about. I have been lots of people who are making plans to start up cryptocurrency and all this people I have seen they have the same mindset toward cryptocurrency. Newbies finds it difficult to do some research about cryptocurrency to understand the risk factors .

[Silberman]

With cryptocurrency becoming more popular, newbies these days are very aggresive when they invest on crypto which most of them think that it is a quick rich scheme. They are easily influenced on what they saw on internet platforms like tiktok or youtube. They are too focused on the potential profit of investing in crypto that they tend to forgot learning its fundamentals.

This is the mindset of every newbie, they only see cryptocurrency as something that can only bring profits.  Most newbie are not aware that crypto is volatile because most of them fails to make research to understand what crypto is all about. I have been lots of people who are making plans to start up cryptocurrency and all this people I have seen they have the same mindset toward cryptocurrency. Newbies finds it difficult to do some research about cryptocurrency to understand the risk factors .

People should take the crypto space as a site for business, but what they do is they treat it as a gambling house. Many people think they will make a lot of money even if they put their money in a meme project which team has promised it to be the next shiba inu or doge coin. Trusting project team also a mistake that newbie does when entering this market.

You are correct, many people are unable to see the difference and they think that just because they are part of this market and they put money in one of the thousands of coins in this market then they are traders already, but this is a lie, to become a trader you need at least a few months of arduous study and most likely you will need years before you can actually trade with the skill necessary to make money in the markets, and this explains why we see so many people losing money in the market as deep down they did not knew what they were doing.

[Wakate]

Hello everyone I joined this forum over a year now and I was very excited to join. I warmly by the forum members and I felt very welcomed. I had great ambition oh well I think my ambitions were overly much.

I had some thoughts about cryptocurrency and I thought they were enough for me to achieve all I had come here for.
I didn't spend much time and jumped into the crypto market and I guess it swallowed me. I ventured into investing, trading, schemes and everything that I thought would give me profits. How wrong I was, I made bad investments that were from my imagination that anything I touched in crypto would favour me all I had to do is buy a low and affordable coin and hold.

Long story short I have some coins in my possession that are dead and from reality now those coins won't rise again.

   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.

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

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.

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.


I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.

I am very happy that you were able to find your weakness and get strong even after you had made some mistakes which can be very annoying due to your entire view of the crypto market in the wrong perspective. All these things you have mentioned are one of the things we all have to do to make sure that we all get the kind of reward we want in the crypto market.
It's very good to diversify our knowledge and exploy new things just like we keep learning every day. We just needed to equip ourselves with the habit of learning to better our strategies.

[LUCKMCFLY]

With cryptocurrency becoming more popular, newbies these days are very aggresive when they invest on crypto which most of them think that it is a quick rich scheme. They are easily influenced on what they saw on internet platforms like tiktok or youtube. They are too focused on the potential profit of investing in crypto that they tend to forgot learning its fundamentals.

This is the mindset of every newbie, they only see cryptocurrency as something that can only bring profits.  Most newbie are not aware that crypto is volatile because most of them fails to make research to understand what crypto is all about. I have been lots of people who are making plans to start up cryptocurrency and all this people I have seen they have the same mindset toward cryptocurrency. Newbies finds it difficult to do some research about cryptocurrency to understand the risk factors .

The mentallity of rookies is very manipulable and impressionable, it is only enough for them to see on YouTube or Instagram someone who makes a lot of money and who shows them a life of millionaires, which in most cases is totally false, but even so they get carried away and lose a lot of money, because they do not understand that trading is complicated and that you can only make a lot of money if you operate with a lot of capital and with little capital it is in the very long term, because it is best to see trading as if it were a business, but not a way to become a millionaire, because it is the worst mistake that can be made and many do it, so that is where the big losses come from.

[Bhig Daddy]

One guiding principle, particularly when investing in new ventures.
Don't allow your successes fool you into thinking you are an expert at it. Always pretend to be a novice so that you may challenge whatever they say.
When we are in the dark about something, we love to ask questions back. It is better to be in that position once more to avoid wasting money.
Skeptical.
You were just made stronger by the experience; nonetheless, this does not imply that you have mastered cryptocurrencies.