You only got what you deserve

[Faisal2202]

As a newbie or experience trader, if you decide to do revenge trading, emotional trading or high leverage trading, and you lose everything, that's what you deserve, because you lack the knowledge and discipline required to know when to stop and when to continue.
In this space we all get what we deserve.

You are 100% right, I still consider myself a newbie in most cases where I am unaware of something and I have to consider myself newbie in order to learn the things, and newbies do make one mistake that they do not realize what mistake they might be doing. For example, I had all of my holdings in BTC, but, before that, I was not into BTC, I was trading in alts when I started my time here on this forum.

I was in lose due to the alts but when I accepted in campaigns and started to receive BTC then I started to hold them too and till now I can say, BTC is the best currency to hold and with time I have learn that. And if someone would ask me to make money with most assurance and lesser risk then I will recommend BTC to him.

But at that time I was not in BTC and now I am totally into BTC but being totally into BTC is also not a good strategy because there is no diversification in it. In order to manage risk you have to diversify your portfolio and the alts is not full of shit coins as it do have some good coins with good use cases like dot, eth, link etc. etc. Which are doing good and worth to have some of your investment in them. They can also give you good return and maybe more than BTC would do.

[Russlenat]

You are the one in control of your own life, so whatever happens to it or whatever you achieve in life simply reflects on how you managed your own life. You get what you deserve because you work for it with the help of crypto. However, if you are waiting for big changes in your life without doing nothing, then you deserve to gain nothing because you did nothing as well. Whatever you sow, you will reap in the future. Just like if you plant good things, you will gain positive outcome as well.

Life is what you make it. You don't hold guarantees in life, so make sure to plant something good so your can expect good returns in the end.

[nakamura12]

I agree with you. It is up to you if you want to do something you want to do and if what you are doing lets you earn money then you deserve it and if it's about gaining knowledge then you deserve it. What you do in crypto space is your own decision and no one can decide for your own that is best for your although you may ask for guidance from another person but at the end, it's still up to you on what you decided after asking someone.

[cryptoaddictchie]

As a newbie or experience trader, if you decide to do revenge trading, emotional trading or high leverage trading, and you lose everything, that's what you deserve, because you lack the knowledge and discipline required to know when to stop and when to continue.
In this space we all get what we deserve.

Well not all mindset is the same. Revenge trading is inevitable sometimes especially the user has temperamental type of guy. Like a guy investef $1k and turn that into $10, this will enable him to hit the market back hard. But thats not a good approach hence we should always consolidate ourselves to be more discipline which also a tough one to handle.

[libert19]

In this space we all get what we deserve.

I find this statement true in life, not just in this space.

~snip

How and who determines who deserves to receive and who does not? What do you need to do to move into the "deserving" category? You know, these are all vague abstract statements. In cryptocurrencies, those who deserve it become only because of luck or a simple coincidence.

These are not vagues statements, its true undeserving may get money due to luck, but he'll not be able to secure it while those having financial education will know how to secure it/multply it.

[Mpamaegbu]

In cryptocurrency generally you only got what you deserve, we might complain of how bad  or the terrible experience you have had during trading or holding the wrong asset, but in reality you only got what you deserve.

I don't think early adopters of Bitcoin will agree with you on that. They got what they never expected. A lot of them just threw a few pennies into it because they weren't that intentional it would amount to anything. The rest of us are just playing catch-up now and are in expectation of what value it can bring. We're deliberate in our investment but not many have that patience of a long wait.

We should always factor in the right time of buying and hodling of Bitcoin and not always glamourise it as if there aren't those who've suffered losses investing in Bitcoin. Yes, Bitcoin remains the surest investment in this industry but losses are still there with it. Those who bought at ATH arent yet in profit (that's if they're still hodling till now).

[HajiBagi]

In cryptocurrency generally you only got what you deserve, we might complain of how bad  or the terrible experience you have had during trading or holding the wrong asset, but in reality you only got what you deserve.
Look at those that have DCA into Bitcoin over the years, right now, they will still be in profit because that's what they deserve, you might decide to hold an alt and let go at the right time and come out profitable, because of the knowledge you have on how to navigate your way in the crypto space make it deserving.
You might decide to lose your money by holding shit coin, instead of Bitcoin because of your lack of knowledge in the crypto space.
If you still want to keep holding Bitcoin, which means you believe in it, so when the bull runs comes and you start reaping your rewards, you deserve it.
Because you were patience enough to hold the right currency which is Bitcoin.

As a newbie or experience trader, if you decide to do revenge trading, emotional trading or high leverage trading, and you lose everything, that's what you deserve, because you lack the knowledge and discipline required to know when to stop and when to continue.
In this space we all get what we deserve.

You are correct, buddy, everyone in the cryptocurrency space gets what they deserve. If you invest in bitcoin and hold onto it for a long time during a bull run, you will profit, as that is what you deserve. As for those who invest in shit coins believing they are the best option, and later lose money or make money, they also received what they deserved. Did you realise you deserve everything you get in this life, no matter what path you choose? Since a lot of people don't know, some people act without second thought. If you're a novice, it's best not to even heed the advise of those who don't recommend investing in bitcoin.

Although some people are very intelligent when it comes to trading and buying some shit coin and they get a good profit there, when it comes to bitcoin, as long as you can hold your coin without letting anybody else have access to your wallet, mate, I believe you will never regret doing it. So as you say, mate, everyone got what he deserves, and that's true. For me, however, I will advise every newbie I see to invest in bitcoin because if things go well and he really understands my advice, he will thank me later.

[Obim34]

It might look too simple OP but may not be as what you presume.
There might be many reasons to why a person can loose what he/she has invested, can be at the early stage of choosing which currency to invest into, considering the time of buying and as well when to sell. Selling your Bitcoin due to a little down trend is definitely a bad idea and for sure will face the consequences.

In the case of Altcoin, it's kind of difficult to be smarter than the Devs they know perfectly how to trap their investors. Altcoins are considered as an investment base on luck like the gambling. Knowledge is helpful but that does not certify you making any profit from the investment.

[AakZaki]

I don't think early adopters of Bitcoin will agree with you on that. They got what they never expected. A lot of them just threw a few pennies into it because they weren't that intentional it would amount to anything. The rest of us are just playing catch-up now and are in expectation of what value it can bring. We're deliberate in our investment but not many have that patience of a long wait.

We should always factor in the right time of buying and hodling of Bitcoin and not always glamourise it as if there aren't those who've suffered losses investing in Bitcoin. Yes, Bitcoin remains the surest investment in this industry but losses are still there with it. Those who bought at ATH arent yet in profit (that's if they're still hodling till now).

As investors, we also have to be smarter about how to manage Bitcoin investments properly and provide profits. Bitcoin investment is a good long-term investment because the increase is quite extraordinary. It depends on what price you buy and definitely don't give in to FOMO when buying. Those who buy at ATH are still losing money and will definitely soon exceed the last ATH price and make a new ATH.

[lalabotax]

In cryptocurrency generally you only got what you deserve, we might complain of how bad  or the terrible experience you have had during trading or holding the wrong asset, but in reality you only got what you deserve.
.

This is realistic and a fact. Sometimes we hope for really wow results for ourselves. Meanwhile, our efforts are only limited compared to other people's efforts. That's why other people are more successful than us. Our habit is that we initially see other people's wild results so that when we start learning trading, we will fantasize about having such abilities easily. Without wanting to learn and starting everything with thorough preparation. and it's actually just a small effort from us. and we feel like we are the ones who are hurt the most because we actually lose money and feel like we have tried optimally to get that result. In essence, there is no victory without appropriate effort.

[Solokan]

it is certain that when investing in bitcoin or trading we will get appropriate results and in accordance with what we sacrifice and do, likewise by investing in altcoins of course we will get appropriate results, but indeed investing in altcoins is very risky but of course the enthusiasts altcoins do not decrease because the profits from altcoins are always large, but the losses incurred from altcoins are also very large, so it is true that we will get results commensurate with our sacrifice and hard work.

However, only Bitcoin is the safest crypto which has of course been proven. Yes, in this case it depends on each individual, but what is clear is that knowledge must be prioritized because without knowledge we will lose in investing and lose in trading. In this life we ​​will indeed get something that is appropriate and commensurate with our hard work, which of course is not only from the crypto world but also from other things in real life. We will definitely get appropriate results, namely according to the steps we take.

this is good advice op

[Bushdark]

I agree with you. It is up to you if you want to do something you want to do and if what you are doing lets you earn money then you deserve it and if it's about gaining knowledge then you deserve it. What you do in crypto space is your own decision and no one can decide for your own that is best for your although you may ask for guidance from another person but at the end, it's still up to you on what you decided after asking someone.

No matter outcome we get from our decisions we need to take it like that. We also need to ask questions before we make any financial decisions because this can have a critical effects on us if we are not careful. The market is risky and what every outcome we get from the decisions we make is left to us and we don't have to blame anyone for our decisions. The market can be lucky for us to make especially when we make decisions that benefits us as a result of buying or selling along the trend of the market giving us profits.

[jeha2015]

I don't think early adopters of Bitcoin will agree with you on that. They got what they never expected. A lot of them just threw a few pennies into it because they weren't that intentional it would amount to anything. The rest of us are just playing catch-up now and are in expectation of what value it can bring. We're deliberate in our investment but not many have that patience of a long wait.

We should always factor in the right time of buying and hodling of Bitcoin and not always glamourise it as if there aren't those who've suffered losses investing in Bitcoin. Yes, Bitcoin remains the surest investment in this industry but losses are still there with it. Those who bought at ATH arent yet in profit (that's if they're still hodling till now).

As investors, we also have to be smarter about how to manage Bitcoin investments properly and provide profits. Bitcoin investment is a good long-term investment because the increase is quite extraordinary. It depends on what price you buy and definitely don't give in to FOMO when buying. Those who buy at ATH are still losing money and will definitely soon exceed the last ATH price and make a new ATH.

Why don't you lose money if you invest in bitcoin because bitcoin doesn't cause harm? Even if we buy at a high price, there is no loss in Bitcoin as long as we don't sell it. as long as we still hold bitcoin of course they will not lose because bitcoin always has a four year cycle which shows bitcoin will create a new ATH.

For me, there are only two losses in investing in bitcoin, being hacked and losing the wallet key, apart from that as long as you still hold bitcoin you can't say you have lost.

[Ndabagi01]

I'll just generalise your point and say that we only get what is already planned for us. Because in the crypto space, many people may start together and one will become better than the other over time. While others want to learn more and improve their trading knowledge, others are simply looking for a click bait project that will make them rich overnight. Everyone got what they deserved because of their mindset.  You will also get what you deserve if that is what you intend to achieve and work hard to achieve. No one is perfect, but exploring and understanding before taking action is the best way to avoid failure in the crypto space.

[Sanitough]

Things never happen without a reason. You win when you have faith on what you're doing so you put extra efforts on it, but you lose when you ignore the consequences of your action and decision, and chose to even continue doing it. Same things happen in trading or investing. You reap what you sow, you get what you deserve.

If you think you never follow the right methods in trading, expect that success will be hardly attainable. But if you trade with caution and trade on your average funds, you will seldom face losses but mostly successful and profitable trades. Always assess your actions or decisions whatever the outcome of your trading or investing in crypto.

[Viscore]

I agree with you. It is up to you if you want to do something you want to do and if what you are doing lets you earn money then you deserve it and if it's about gaining knowledge then you deserve it. What you do in crypto space is your own decision and no one can decide for your own that is best for your although you may ask for guidance from another person but at the end, it's still up to you on what you decided after asking someone.

Everything lies in your own hands. If you chose to acquire knowledge and skills throughout the years, then you will most likely become successful in every endeavor you plan to make, and you deserve it because you work for it. If you want to stay on your comfort zone and not risk taking new things, still you deserve it because that's what you prefer not to do anything. The crypto space offers vast opportunities so that's up to you on how to take advantage on it, or you'll keep missing opportunities like this.

Things that you experience right now are actually what you deserved. Be it profits or losses, that is only the result of what you've been risking since from the start.

[Vaculin]

Profits and losses are simply the reflection of how its investor or trader perform its task. If one is done with high caution and mastery in the market, most likely we will see positive results, but if it's done with greed and impatience in the market, the result will be likely negative. So we only got what we deserve. Not just in trading or investing, but mostly in life's aspects, if not done with perfection, we cannot anticipate perfect outcome as well.

Trade and invest with knowledge and required skills. That way, if ever you lose, that will be temporary because sooner as you learn your lessons, the probability to succeed also increases and become more visible.

[SlowPP]

Any decision taken
Has a corresponding consequences
We should be ready to bear the consequence of our action whether positive or negative.
But sometimes things are outside our control
Would you say those that lost their funds during the Mt.Gox hack deserved it?
Mind you the DEX was one of the, if not the most used exchange as at that time dealing with Bitcoin.
Other scenarios exist like that
We can't have everything in our control
We make decisions with the little knowledge we have and hope for the Best.

Circumstances can't always be predicted Investors and trader sometimes losses alot of profits in times of transportation And marketing we always pray for the best to come for you get things right you need to work hard and prayer full for it,as a team that wants to win most train harder.a student that wants to pass his/her waec or jamb must read hard to get flying colors but sometimes we work hard and yet get a little for return and this may discourage a lot of people to work hard we most not forget to pray hard to overcome any circumstances

[Nheer]

In cryptocurrency generally you only got what you deserve, we might complain of how bad  or the terrible experience you have had during trading or holding the wrong asset, but in reality you only got what you deserve.

Indeed, in the world of cryptocurrency, there is no such thing as a second chance or a "pardon me, I don't know." We should educate ourselves about it beforehand to know what we are getting into and understand how to go about it so we don't end up losing money and having a horrible first experience. Everything that occurs to you when trading or holding is entirely on your head, and you really got what you deserved.

Look at those that have DCA into Bitcoin over the years, right now, they will still be in profit because that's what they deserve, you might decide to hold an alt and let go at the right time and come out profitable, because of the knowledge you have on how to navigate your way in the crypto space make it deserving.

Knowledge is key to everything especially in the crypto space, with knowledge you will know the right step to take and the best decisions to make. Those who lack knowledge and wants to invest will think investing in bitcoins will require a huge amount to start up but with knowledge we have come to understand that the easiest way to accumulate bitcoin is to adopt a DCA strategy using an amount one can afford to lose. No pressure, no stress and no fear of losing your investment. DCA strategy allows us to invest at our own convenience with the little income we make.

Knowing your way around in the crypto space and earn profits is all down to the knowledge you acquire and all those people who make profits from crypto investments are not magicians neither are they special they just achieve so much because of the knowledge they possess and like OP I would say they got what they deserve. People who lose so much in trading or holding cryptocurrency can be linked to the lack of knowledge about cryptocurrency and so they also got what they deserved because they invested out of ignorance.

Any trader or investor with sufficient knowledge will be able to comprehend that all of the trading methods mentioned above are not ideal and are extremely risky for any trader. They will also be aware that emotional regulation and self-control play an important role for all traders.

Profits and losses are simply the reflection of how its investor or trader perform its task. If one is done with high caution and mastery in the market, most likely we will see positive results, but if it's done with greed and impatience in the market, the result will be likely negative. So we only got what we deserve. Not just in trading or investing, but mostly in life's aspects, if not done with perfection, we cannot anticipate perfect outcome as well.

As previously stated, the outcome of a trade is solely a reflection of the trader's performance, which is determined by how thoroughly he researched and grasped the market, as well as the effort he put into his trading career. Results do not lie, a trader may be lucky, but if the results are consistent, it is noticeable that it is no longer luck. If the result is consistently negative, it's clear that the trader got what he deserved.

[Ojima-ojo]

I agree with this. As long as you take the effort to understand the ropes, you will be able to swing around somewhat safely.

This does not apply only to Bitcoin either, failing to understand how anything works fully and jumping into investing in it will most likely end up in a loss. Invest in gaining knowledge as the first step and the next steps will be much easier to make.

Where I will differ with the op is that some people cannot readily get the right source of information despite their willingness to understand how something works.

Very true, gaining knowledge should be the prerequisite to any decisions making, alot of time, many have taken the wrong decisions because they never take the time to understand what their next decisions will be and how the outcome of that decision can affects or benefits their life's, this have reflected in the experience their get from the whole thing, but despite that, we still have lessons to learn and our ability to work with those lessons to better our future outcomes and results is what matters most as an individual.


First one need to take time to understand everything that involves what the idea or project's are and also try to relate that to our personal life, whether or not those ideas or project's plans and programs fit into our individual life, this are the things that one need to constantly check so as to be in a better positions and informations that will aid your better decisions taking process.