Let fear to lose be motivation to learn

[SOKO-DEKE]

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency,  I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn,  even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

In the world of cryptocurrency, fear of taking risks can severely limit your success. In this fast-paced industry, no coin can guarantee an 80% success rate, and predictions are often based on past events rather than certainties about the future. Trading in cryptocurrencies involves significant risk, and embracing this risk is essential if you want to participate successfully. Remember, no one ever achieves a 100% understanding of anything in life, so if you're committed to trading, you must overcome your fear.

Even the most successful investors and traders in the cryptocurrency space started by taking risks. The early adopters of Bitcoin, for example, couldn't be certain that its price would skyrocket as it did. They took a chance, and it paid off. So, it's crucial to recognize that risk is an inherent part of the journey to success in this industry.

Once you've learned the basics and familiarized yourself with the guidelines of cryptocurrency investing, it's time to push past your fears and start investing. No one knows everything, and you can't expect to have all the answers. Instead, focus on what you do know and be prepared to learn and adapt as you go. By embracing risk and taking action, you open yourself up to the potential rewards that the cryptocurrency industry has to offer. So, don't let fear hold you back take the plunge and start your journey in the exciting world of cryptocurrency investment.

[GeorgeJohn]

You are learning the methodology of cryptocurrency you have to map out time to learn the advantages and the disadvantages of Bitcoin, many people today who venture into lose or loss in Bitcoin investment have not learn the rudimental bitcoin very well before doing anything so therefore I believe that learning is the highest motivation in anything that will let with Bitcoin but I don't know why some of us does not exercise patient to learn whatever thing that come from cryptocurrency especially Bitcoin

[isladeego]

I totally agree!  Fear can be a real downer in trading, but it can also be a valuable teacher.  Like you said, it can push you to be more cautious and avoid making reckless decisions.  I've definitely had those moments where I talked myself out of a trade because of a gut feeling, only to see it go south later.

[Barikui1]

My fear have been a motivation to learn,  even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

To me I think that this is actually a good fear, a  fear that will drive you to knowledge first before venturing into an art is very much important, because most people that have fell as prey to scammers or that decided to venture into trading and lost their fund was as a result of not having knowledge of how to navigate their way safely in the crypto industry, so going for knowledge is paramount if you must succeed in this industry, not just in crypto, anything you want to venture into, it's very important that you seek knowledge first, so that you won't be served breakfast, and eaten up by fraudster.

[Youngkhngdiddy]

To me I think that this is actually a good fear, a  fear that will drive you to knowledge first before venturing into an art is very much important, because most people that have fell as prey to scammers or that decided to venture into trading and lost their fund was as a result of not having knowledge of how to navigate their way safely in the crypto industry, so going for knowledge is paramount if you must succeed in this industry, not just in crypto, anything you want to venture into, it's very important that you seek knowledge first, so that you won't be served breakfast, and eaten up by fraudster.

Fear has really cost a lot of people to lose out on opportunities, aside from fear of being scammed, some people also fear of missing out. They FOMO on some potential opportunities, because of lack of information same thing we all have been saying. To succeed in your crypto journey one need to gain the necessary information required. Invest in your self and try and be better at what you’re doing. Rather than waiting on some information from someone who is not even sure of himself. I’m not saying that you shouldn’t ask of  help from people that are doing better than you in the field, the best advice is the one you give to your self. Same implies here, it is better you keep enlighten yourself so as to start making market calls and analysis yourself, so that even when you lose or you go wrong you can make corrections too.
 Having a fear of missing out (FOMO) can have a significant impact on financial decisions. FOMO can lead individuals to make impulsive or irrational choices that may not align with their long-term financial goals. FOMO can influence investment decisions, causing individuals to invest in assets or markets solely because they fear missing out on potential gains. This can lead to a herd mentality, where people follow the crowd without thoroughly evaluating the investment's fundamentals or risks. Such behavior can result in poor investment choices and losses if the trend reverses. To overcome the negative impact of FOMO on financial decisions, it's important to cultivate self-awareness, develop a clear financial plan, and make decisions based on personal goals and risk tolerance rather than external pressures.

[Churchillvv]

In this contest, my major fear in this industry is loses that is because I believe I don't have enough so losing shouldn't be an option. this has made me make better decisions, since I know that Altcoins can be very profitable if gambled with. I fear such loses which have fueled my decisions on Bitcoin.

Perhaps if we direct our fear in a good way we will end up benefiting from it instead of Lossing. but one thing is certain every thing that has a good also has a bad. fear can hinder your decision making if you let it get over you, there are some steps in life that one need to take but when fear comes we tend to run behind the fear than stand against it and make decision.

whenever one feels fear it should be converted to motivation immediately, you could say to yourself, since I'm afraid I will do it regardless then you will find yourself succeeding.

[Youngkhngdiddy]

In every mistake or loss, there is that invaluable learnings from the experience you learned along the way. Fear is definitely one of those motivational factors that pushes the boundary of winning.

There is this quote that I would like to share- it does not have to be perfect but you need to be consistent. This can be applied in what you just said OP. Consistency in your decision makings on the form of your investment could be the key in unlocking the potentials of cryptocurrencies.

On a personal note, there is also that fear that I experience before. I tried investing into the wrong things (USI TECH PONZI) but I learned lots from that experience that made me a better investor now. As I also reported tons of fake ANNs and projects in the past, that fear of my past is what pushed me to further understand the growth behind all these lessons.

 I trust in that way you will learn your mistakes and try not be a defaulter of the same mistake, this is why sometimes doing mistake is some what good because it will make improve. When you make mistakes you don’t just wallow in the your mistake, and wail away your time in defeat and self pity. There’s a common ground that a successful futures trader has been liquidated about 2 to 3 times, some people even still lose millions of dollars in a single trade. So you see even successful traders even make mistakes, no one is above mistake that you should. We just need to keep a right mentality and be consistent, you already made a good point talking about keeping up the level of consistency.
   Well it could be said that your first fear you overcome is actually the hardest. After you concequer your first fear you get a sense of joy & peace. Most the time you even look back & realize how silly you were to fear it. But yeah fear is a good thing. It's literally an illusion of the mind. We put limits on ourselves which causes us to “fear" but it's only in our mind. Fear can be overcome & when we overcome by facing your fears. Some people skydive to face their fears & that get adrenaline rush. If people can put their life at risk just to face their fears then what does it take you to be restrained. We keep trying till we finally get it right, that’s been the code for me.

[sotelorene]

Fear is a normal thing when it comes with losses and wins, that is why you have to scrutinize what ever platform you would want to invest in. As technology advances it advances in both the positive and negative aspects of life, so you should invest in platforms with integrity and reviews, and you should make your own researches on your own too to get that self satisfaction.

[GeorgeJohn]

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency,  I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn,  even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

I know some of my mates who are into  cryptocurrency that phobia to lose but even with the fear to lose they still go ahead to trade. If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.

it is obvious that when you don't have the fear of losing in cryptocurrency investment you will not take a proper precaution to safeguard your cryptocurrency investment that is one of the major reasons we need to learn and the be conscious of our investment in cryptocurrency because so many of us have come here and go empty handed based on the lost their capital and they did not know the routement of the Investment the venture they into, if you don't want to experience losses in cryptocurrency investment especially Bitcoin try to read and understand the more concept of it Before you go into it many people today who is into bitcoin investment and since they ventured into crypcurrency investment especially Bitcoin there have not experienced a mega loss it is because there have a scrutinise the environment of Bitcoin and the examine it very well before then go into the investment.

[Sanitough]

You are learning the methodology of cryptocurrency you have to map out time to learn the advantages and the disadvantages of Bitcoin, many people today who venture into lose or loss in Bitcoin investment have not learn the rudimental bitcoin very well before doing anything so therefore I believe that learning is the highest motivation in anything that will let with Bitcoin but I don't know why some of us does not exercise patient to learn whatever thing that come from cryptocurrency especially Bitcoin

Everyone fears and commit mistakes at first, the reason why we have to learn as much as we can so that we can overcome those fears and mistakes we have done in the beginning. Hence, learning should be our top motivation in order not to fear from losses anymore. And once we started to be inclined about bitcoin and the crypto space, then it will be easier for us to get rid of those fears and losses because knowledge is more powerful than fears as it’s always the very basic foundation in learning.

[Peanutswar]

If you getting for all of your decisions seems like you are not quite ready for that thing. Into investment, or crypto itself you cannot earn here with only your guess it's all about the analytics and tactics. The journey here doesn't stop once you know one thing you need to explore more because there's a lot of opportunity. Keep learning, grow your skills, manage the risk and if you lose its part of it. Not all the time we are winner in the market. Look forward to your goal and always make a roadmap or path so if you think your decision doesn't suitable at all back on it.

[Belarge]

I totally agree!  Fear can be a real downer in trading, but it can also be a valuable teacher.  Like you said, it can push you to be more cautious and avoid making reckless decisions.  I've definitely had those moments where I talked myself out of a trade because of a gut feeling, only to see it go south later.

Cryptocurrency is not for everyone, you and I know that. We apply caution in our activities because we're just humans and don't have a clue of what incident could happen next either in our favor or not. We can only become happy when our trades are picking the best spot of the bull season, generally talking about the consistent upward movement of the market. Fear gripped those investors that have taken upon themselves to enter the race without plans, not guidelines but pressuring for solid results.