Not about to give up hope.

[KingsDen]

I have had to experience some dark times alone, in the which both family and friends couldn't understand.
 The loss most times or the fear of loss opened my eyes to valuable lessons and the hope to rebound after such an experience lies wherein one doesn't stay flat faced on the ground.
Apart from myself, most companies too have had to crash or close down for reasons that sum up as unprecedented. I took the liberty to compile some recent programs that have failed recently with a message of hope to others and individuals that the best can still be gained from any of such awful experience.

No one would believe If they were told some months ago that:
• FTX would collapse,
• LUNA would go to 0,
• 3AC/BlockFi/Celsius would implode,
• USDC would de-peg,
• Interest rates would rise to 4.5%+,
• Major banks would collapse,
• The SEC would attack crypto, and
• Bitcoin will STILL be above $24k.
Here we are, and wherein these failed, others has risen to the challenge with better services and security against similar recurrence.

Am not about to give up hope, so should you.

•What ways have you exercised hope after setbacks or failure?
•What lessons can we learn from your experience?

The very first lesson: shit failures happens. You need to take this into account and be prepared. Not all of our attempts will be crowned with success, but success is impossible without trying. So, my friend, troubles will always be waiting for us on the path of life. The only question is how we will overcome them and how to perceive them. Either we are frustrated and give up, or we gain valuable life experience that will certainly help us overcome the next trouble in the future. You should not consider failure as a problem, but you should see it as an opportunity to show your abilities and become stronger.

Always keep faith in yourself and hope. Everything will work out if you make attempts (be active).

All those things he listed affected many individuals as well as projects in the crypto-currency market.
But one important thing to note is that no single person or single project that was affected by all of those that he listed above.
It is either you are a victim of one and not a victim of the other. But I doubt that only one person or company would be a victim of all that was listed above.

Apart from keeping on trying and being active, we should also learn to invest our money where we have minimal chances of losing it. Anything that happens to do with Altcoin can give you a huge yield of interest but we should understand that it is just like a gambling anything can happen at any time.

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[inthelongrun]

I was also into LUNA when the incident happened, luckily for me, I was able to cut my losses as quickly as possible. All these problems happening in crypto but bitcoin tech is not directly part of it. Bitcoin will always recover because it remained solid despite glitches from exchanges and other projects.

What I learned myself and may apply to many is the habit of being complacent after achieving something big. I lost my focus after I earned big last 2017. I was feeling relaxed and was not able to manage my assets very well which resulted in a big loss during the 2018 bear run. Life goes on and I am not giving up. 

[Jody.Drummer]

Definitely, if you encounter some setbacks from your crypto journey, quitting or giving up your hope is not the best remedy. In the first place, you should be aware that trading or investing is not all about winning streaks, expect that there are unforeseen setbacks that will eventually happen along the process. That is why never lost your hopes and stay having positive mindset. Remember that a winner never quits, and a quitter never wins. So if you fail, then rise up and move forward. Though the crypto journey might be uncertain, but with positive mentality, you will eventually unleash your potentials to succeed.

I would say, If we have never had a single failure in the trading or investing space then we have not become a true trader or investor. Not experiencing failures and losses, in my opinion, will have a negative impact on us, because that will make us human beings who are arrogant and even belittle other people, that just opens the way for us to experience great losses.
Those who are successful do not mean they have never experienced failure, but they learn from their failures and correct what is wrong with what they do, that's why they can become good traders or investors.

[darewaller]

The truth is, if they can shut down bitcoin at any cost, they will do it but their problem is, they don't have any access to it no matter how hard they try and the only thing they can do is put pressure on some of the exchanges and they just going to put high taxes for the crypto miners if they could. Despite all of these crazy things that happened these past few months, Bitcoin price is still at $20k+ and has the potential to increase in the upcoming months. No matter how hard they tried bitcoin price is still going to be strong and it will not be affected by the world economy as well.

I don't think they can do it. How can they shutdown something that is decentralized? Maybe what can they only do is to put some regulations or totally stop the people from using it by banning Bitcoin on their country. They do have an access to Bitcoin but they can't only modify it or do some changes. Only the one that can do it is satoshi.

The decision of satoshi to not show up is a good idea because he also knows that some people will be after him and command him to stop Bitcoin. Bitcoins value are affected by different factors including those you mentioned but luckily Bitcoin is too strong to handle them all. Props for the people too, who don't get tired of supporting BTC.

[Hamphser]

•What ways have you exercised hope after setbacks or failure?
•What lessons can we learn from your experience?

Whenever i do experience failures or mistakes, even how severe it is when it comes to financial aspect.I do really control up myself in speaking about emotion because this is something that cant really be
controlled so easily.I would really be diverting out my mind that the lost money or finances would really be just able to recover but of course you would really be needing to work hard even more better.
Once failures do make out lessons then this would really be applied for the rest of your life on which you would definitely be going in the path on which you do know and you are aware of.
This is the importance on having that real time experience and would tend to continue to improve as you do go ahead.

[Finestream]

I was also into LUNA when the incident happened, luckily for me, I was able to cut my losses as quickly as possible. All these problems happening in crypto but bitcoin tech is not directly part of it. Bitcoin will always recover because it remained solid despite glitches from exchanges and other projects.

What I learned myself and may apply to many is the habit of being complacent after achieving something big. I lost my focus after I earned big last 2017. I was feeling relaxed and was not able to manage my assets very well which resulted in a big loss during the 2018 bear run. Life goes on and I am not giving up. 

There is no certainty in crypto, so we should at least take some precautionary measures before we decide to enter crypto investment. Lucky for you that you were able to cut loss and never end up in a huge loss, unlike others who have put too much confidence and end up seeing theirselves struggling after. That is the reason why we should seize profits every time we see potential profits, and never become greedy to chase for bigger profits. Otherwise, we will end up quitting in crypto without even taking chances to become profitable.

[letteredhub]

In this cryptocurrency industry we should always expect the unexpected so in that way we will not have to put all our eggs in one basket in terms of investing as the experience with LUNA and others have taught many of us a great deal of a lesson and am sure so many persons out there would never have to make such mistake again as they did with these failed projects. 

[indah rezqi]

In this cryptocurrency industry we should always expect the unexpected so in that way we will not have to put all our eggs in one basket in terms of investing as the experience with LUNA and others have taught many of us a great deal of a lesson and am sure so many persons out there would never have to make such mistake again as they did with these failed projects.

Yes that is a pretty realistic opinion about the good and bad possibilities of this industry. There are no guarantees about the future, but we can only hope for the best for the future especially on reasonable matters. I remain optimistic about bitcoin under any circumstances, but as long as the government doesn't stop me from owning it, as long as the optimism remains.

Nobody knows about the future, so it's true that we have to understand what the risks are. That's why nobody should ever put 100% of their money in bitcoin or whatever, but if they feel capable of taking loss then that's fine.

[Kasabus]

In this case, giving up is never an option; the cryptocurrency market has been down for more than a year, but the interesting thing is that people are still buying Bitcoin despite the price drop.

It depends on the situation exactly like sometimes giving up on that thing is better then holding it up if it's not going to give you anything in return.I am talking about altcoins here like what if people still believe meme coins can take them to moon? Having hopes on such things is not really good option but if you exit the market at right time for them you will not face huge loss.

There are no hopes actually when it comes to altcoins and meme coins, as they can all lose their value and end up as dead coins in the long run. But if you are hodling as potential as bitcoin, then never lost your hope and never give up. Bitcoin is bound to be more profitable in the end, we just have to trust the process. Though there might setbacks that we had experienced recently, but life is not a matter of giving up but moving forward and moving on. As long as we are investing in coins with potentials, then we should never lost our hopes in it.

[Fatunad]

In this case, giving up is never an option; the cryptocurrency market has been down for more than a year, but the interesting thing is that people are still buying Bitcoin despite the price drop.

It depends on the situation exactly like sometimes giving up on that thing is better then holding it up if it's not going to give you anything in return.I am talking about altcoins here like what if people still believe meme coins can take them to moon? Having hopes on such things is not really good option but if you exit the market at right time for them you will not face huge loss.

There are no hopes actually when it comes to altcoins and meme coins, as they can all lose their value and end up as dead coins in the long run. But if you are hodling as potential as bitcoin, then never lost your hope and never give up. Bitcoin is bound to be more profitable in the end, we just have to trust the process. Though there might setbacks that we had experienced recently, but life is not a matter of giving up but moving forward and moving on. As long as we are investing in coins with potentials, then we should never lost our hopes in it.

I do love on playing around with degen coins usually on meme which its true that theyre risky but it could also give out that massive profit if you do know on how to play well with these things. When it comes to crypto investment then one thing you should really bare up in mind that you should really make yourself get prepared for whatever risks that you might be able to encounter ahead.There's no way that you could take things lightly considering that this market is really that unpredictable and totally random.If you are that someone who had stepped their foot into this market then you should be at least
prepared on what would you face on.

[Vaculin]

I guess it’s normal for us to experience dark times in crypto and just get back again but never give up. Because if you do so, it’s like you are accepting your loss without taking chances to be profitable again. That is a very wrong mindset in crypto. There’s no place in crypto for weak people and those who easily faint whenever circumstances arise, that’s why you have to be brave instead and let your setbacks mold your future success.

[Baoo]

I guess it’s normal for us to experience dark times in crypto and just get back again but never give up. Because if you do so, it’s like you are accepting your loss without taking chances to be profitable again. That is a very wrong mindset in crypto. There’s no place in crypto for weak people and those who easily faint whenever circumstances arise, that’s why you have to be brave instead and let your setbacks mold your future success.

Good point. Moreover, without facing obstacles and making mistakes, we cannot grow. It is very important to accept the reality no matter how bad it is, always accept it and deal with it. And to be honest, Trading field isn’t an easy field to earn thousands in short period. And if you are a newbie and planning to start with a huge capital, it doesn’t mean the profit is guaranteed.

In fact, It would be better if you start with a low capital, and once you gain experience and learn more about this field, at that time you can add more money on your budget. Plus, you have to be careful due to the current market’s condition is unwell and shitcoins are widespread. They be promoting their scam projects in everywhere.

[Flexystar]

Eh, I would just avoid altcoin side of trading and be happy about it. The only issue started in the crypto was due to Altcoins era. Imagine a world without Altcoins. There would have been no exchangers, no trading platforms in the crypto world nor we would have had to deal with the centralised platforms.

Just imagine for a sec. Just bitcoin to bitcoin wallet transfer and no hectic pairing with any alts or shits like that. This would have brought High stability to crypto space and we would have never had to worry about such exchanger collapses, centralisation issues and who knows even government interference would have been lowered.

[tjtonmoy]

•What ways have you exercised hope after setbacks or failure?

I have suffered the dump after $69k. I sold out all my holdings. I was so inexperienced that I was not able to control my emotions while they were spreading FUDs. So I was unable to exercise any hope back then. I legit thought it was the end for all crypto.
But as I spend time in this forum, I learned a lot and what is the future could be with Bitcoin. So now all I do is DCA and keep hodling. Nothing is stopping me now. And all thanks to everyone who shared their knowledge.

•What lessons can we learn from your experience?

Do your own research before taking any major steps. Learn it before you make the mistake. There are people who are more experienced than you. Listen to what they have to say.

[maydna]

I guess it’s normal for us to experience dark times in crypto and just get back again but never give up. Because if you do so, it’s like you are accepting your loss without taking chances to be profitable again. That is a very wrong mindset in crypto. There’s no place in crypto for weak people and those who easily faint whenever circumstances arise, that’s why you have to be brave instead and let your setbacks mold your future success.

And even though we have experienced losses, we still don't give up and keep trying because we believe we can recover those losses and return to making profits. That's why we have to keep learning so we can improve our abilities so can benefit. And with continuously improved capabilities, our opportunity to gain profits will be greater to avoid those losses and reduce the risks. And still, believe we can achieve it by keeping the spirit and never giving up on achieving our targets.

[virasisog]

I guess it’s normal for us to experience dark times in crypto and just get back again but never give up. Because if you do so, it’s like you are accepting your loss without taking chances to be profitable again. That is a very wrong mindset in crypto. There’s no place in crypto for weak people and those who easily faint whenever circumstances arise, that’s why you have to be brave instead and let your setbacks mold your future success.

And even though we have experienced losses, we still don't give up and keep trying because we believe we can recover those losses and return to making profits. That's why we have to keep learning so we can improve our abilities so can benefit. And with continuously improved capabilities, our opportunity to gain profits will be greater to avoid those losses and reduce the risks. And still, believe we can achieve it by keeping the spirit and never giving up on achieving our targets.

It's just so hard if our family can't understand the struggles that we have in the crypto world. It seems that they think we are only wasting our time, funds and effort here. However, we should start the acceptance within ourselves and keep in mind that losing is part of our crypto journey but it is not a reason enough to give up. No matter what path or field we may choose dark days always come so we should be tough to face them. Always think of the possible ways to recover or while waiting for a better market situation, try to accumulate more skills so you can find other opportunities online. Always look for hope and positivity during the darkest days.

[freedomgo]

Having to experienced these dark times in crypto, I believe it’s not about giving up or losing your hopes, but it’s about moving on and looking forward to still see positivity in the end. Surely, those who quit after these events have been in a huge loss, but let us remember that losses are inevitable in crypto, you may experience losses but you can also make profits after that as long as you stay patient and still persevere to achieve your goals despite of the tough market experience.

[borovichok]

Having to experienced these dark times in crypto, I believe it’s not about giving up or losing your hopes, but it’s about moving on and looking forward to still see positivity in the end. Surely, those who quit after these events have been in a huge loss, but let us remember that losses are inevitable in crypto, you may experience losses but you can also make profits after that as long as you stay patient and still persevere to achieve your goals despite of the tough market experience.

Not giving up was the state of the mindset, I've seen many traders backing out after experiencing hugh losses on their accounts, some still bounced back while most of them didn't. Trading between my range set of friends, was difficult because we were victims of scammed projects and ponzi scheme all for the quest to be successful and acknowledged in the market. One thing that kept me going was my the little profits I made and my mentor was actually doing extremely alright in the market, although he do record some losses and he takes in, that was enough reason not to quit, I held back on to my heel and took high risks that almost cost me my job, in addition, how time flies.

[AicecreaME]

It's normal to experience awful things in cryptocurrency, because it's worth or price is not fixed or meant to be skyrocketing all of the time. Giving up hope after experiencing failures is not an option, at least for me, since there's a lot of projects out there that could bring you huge amount of profits. You don't have to stop after few tries, keep on trying until you get what you wanted, but always proceed with caution.

[danherbias07]

Am not about to give up hope, so should you.

•What ways have you exercised hope after setbacks or failure?
•What lessons can we learn from your experience?

Not giving up either.
This is the future of the world now and we became a part of it. There may be setbacks but there will always be the good old Bitcoin that will be left and those who trusted in it will feel how blessed they are for standing beside it and just keeping their coins.

About Lessons. I do believe we must try to filter it out more on whatever we will trust. Try to also listen to the speculations and predictions of other people/traders/investors and not just the advertisements using the popular names in the world. FTX is a good example of that. I am glad I never became a part of it. Those who have experienced Mt.Gox may have known about what is coming and they may also be the ones who avoided this regretful event.