Success is a meaningless word without failure.

[JMBitcointernational]

The forum has been very interesting since the bull run started because there are so many positive confessions by so many of us here about how the price of bitcoin has gladdened their hearts positively.

However, I decided to put up this topic because while exploring the forum i saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?

success is actually meaningless word without failure, because most of us loose some of their trades and at same time feel very disappointed because they only focused their mindset on making profits alone without anticipating any chances of loss or failure. losing a particular trade or several trades does not really make you a failure instead it gives you the opportunity to embrace every important lesson that you failed to achieve in your missteps or in your wrong turns.

Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.   


     

[Oshosondy]

so the question here now is 'who is ready for failure while everyone wants to be successful'?

Nobody wants to fail. But if someone fails, the person is advised that without failure, there may not be success and which is true. Some people fail to later become successful. People learn from failure.

success is actually meaningless word without failure, because most of us loose some of their trades and at same time feel very disappointed because they only focused their mindset on making profits alone without anticipating any chances of loss or failure. losing a particular trade or several trades does not really make you a failure instead it gives you the opportunity to embrace every important lesson that you failed to achieve in your missteps or in your wrong turns.

Some people were successful in life without failing. But in trading, beginners traders are prone to losses. They learn but some will continue to lose as they continue to trade. Some will know better but still continue to fail. Trading is not for everyone.

Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.   

Yes but sometimes it is wise to quit. Someone that has been trading for 2 or 3 to 5 years and still losing, the person should stop trading. Holding can be better but it needs patience.

[Dzwaafu11]

I saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?

Nobody prays to fail, but when it comes, we have to embrace it like that. In this case, I can say those traders still need to learn more about trading. Most of their complaining is because they don't know exactly what to do in some extent of the market, and that is why they keep on losing in their trading. However, you are saying that success cannot come without failure. I can say you are wrong because you have to fail before you can be a successful trader, and if it happens, it shouldn't be much more than success; it will discourage a trader.

success is actually meaningless word without failure, because most of us loose some of their trades and at same time feel very disappointed because they only focused their mindset on making profits alone without anticipating any chances of loss or failure. losing a particular trade or several trades does not really make you a failure instead it gives you the opportunity to embrace every important lesson that you failed to achieve in your missteps or in your wrong turns.

Any trader complaining about losing is either because he doesn't know how to control his emotions or because greed always pushes him when he trades, or he still lacks the proper knowledge of trading because there is a high rate of risk in trading, which any trader is supposed to be aware of before they start trading, so it surprises me anytime I see traders panicking about the market move. I think they should be aware of any type of return of the market, so I don't think it is good for a trader to be panicking.

Although the loss is not supposed to be much more than gaining profit, the fact that everybody is out to gain profit and sometimes I think it is better to be quiet because when you see the loss is too much, just know that trading is not for you. Better live and find another way of getting I will advise traders to learn before they even set out to test the market since it will not be encouraging if they are losing all the time. 

[Gladitorcomeback]

so the question here now is 'who is ready for failure while everyone wants to be successful'?

success is actually meaningless word without failure, because most of us loose some of their trades and at same time feel very disappointed because they only focused their mindset on making profits alone without anticipating any chances of loss or failure. losing a particular trade or several trades does not really make you a failure instead it gives you the opportunity to embrace every important lesson that you failed to achieve in your missteps or in your wrong turns.

I agree with you that we cannot learn properly without failing at the start. If we fail at the start and loss some money then we will not be over confidence and will trade according to money management otherwise if we wins from the start, our minds will forget about dump of market and we will invest without money management and maybe we take loan or use money which not extra from our need. Fortunately I have not lost at the start. My holding coins gives 10x at the start and then I lost 4x because of bad trading as I have not learned at the start.

quote author=JMBitcointernational link=topic=5489315.msg63821616#msg63821616 date=1710728366]
Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.   
[/quote]

For holding coins we have to start DCA in the bear market. Buying coin for holding purpose in the bull market cannot br consider good decision.

[Questat]

We learn because we want to grow from failure. This means that nobody is perfect as we all commit mistakes and suffer failure before we take action from not happening again. And guess what, those who are afraid of failing and those who are people who achieve their goals. And this also means that success never happens too easily instead, it is all the result of how hard work and goal dedication.

Like in trading, we don't think that everything went easy. We could really imagine that those traders who are already successful certainly have also suffered difficulties and trading crises. But they don't quit instead, they fight because they are certain of their goal - to become successful.

[Coin_trader]

Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.   
 

I like your opinion about success is nothing without failure because you can’t experience the feeling of being successful without knowing how failure feels like.

The only opinion that caught my attention is the quoted statement above. I believe that experience is the best teacher but not to the point that you will need too many losses before you learn because there’s an obvious wrong on the method you are doing if you keep losing, this time surrendering trading is acceptable because not all people have the mind tailored for trading. You will just incur more losses if you still keep trading despite you don’t understand how it works no matter how hard you try on learning it.

[Kelward]

Nothing good comes easy, so there must be a period of trials and that is the time when people will experience failure, but with perceverance and dedication, success will be attained. Crypto trading is hard and anybody that is coming into it must understand that it's not a get rich quick scheme, it's something that must be learnt diligently and along the way to perfection, loses are inevitable, from these loses the newbie trader will master strategies on how to minimize the loses. I've learnt on this forum that if a trader continues to experience constant loses over a long period, then perhaps trading is not for them, they can consider crypto investment that doesn't require much knowledge on trading analysis.

[Peanutswar]

However, I decided to put up this topic because while exploring the forum i saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?
success is actually meaningless word without failure, because most of us loose some of their trades and at same time feel very disappointed because they only focused their mindset on making profits alone without anticipating any chances of loss or failure. losing a particular trade or several trades does not really make you a failure instead it gives you the opportunity to embrace every important lesson that you failed to achieve in your missteps or in your wrong turns.

People always have complaints, about their trades, the market, and their indicators, especially with market manipulations and even in life it is normal, because they are afraid to waste their time and money, in trading there's always a risk with the asset, not all the time you will gain profits. Still, you can lessen the risk through your learnings, knowledge and skills to help you in your trading journey. Failure can lead to success if you convert into positive and motivation and failure could lead you to quit trading if you treat it as just a waste of time.

[batang_bitcoin]

There are people that are good in demo accounts because they have no risk in there but if it's about the actuality, that's where they're losing more money. They have to understand that doing demo accounts are as is but if you do actual thing with real money, the game gets harder and changes your perspective all over what you've experienced. But it's also an eye opener that if it's the real thing, you have to adapt the changes that makes you see the real view of how trading and investing works.

[mirakal]

We learn because we want to grow from failure. This means that nobody is perfect as we all commit mistakes and suffer failure before we take action from not happening again. And guess what, those who are afraid of failing and those who are people who achieve their goals. And this also means that success never happens too easily instead, it is all the result of how hard work and goal dedication.

Like in trading, we don't think that everything went easy. We could really imagine that those traders who are already successful certainly have also suffered difficulties and trading crises. But they don't quit instead, they fight because they are certain of their goal - to become successful.

Failure is part of success, while losing is also part of trading. Hence, if we don’t fail and lose at some point, there is no way we can call it trading since trading alone only falls on two options, you win or you lose your funds. However, it’s a different story if you trade and consistently lose your funds. There might be something wrong with what you are doing. Or let’s just say 99% of traders are losing not because they don’t know how to trade, but because they have no strategy to win their trades.

While knowledge and skills are crucial in trading, working strategies as well are also vital. If you don’t have trading strategies, then it’s unlikely for you to succeed in trading. So develop your own strategy and work on it, it may take time but it will definitely worth the time end effort.

[Ricardo11]

To get something good in life, you have to lose something. Today you lose, tomorrow you will see that you have achieved something great. All you need is confidence. There are some people who lose it at first, then give it up altogether. They are the ones who cannot achieve anything good in life. If you lose now, it doesn't mean you just keep losing, you don't give up, you try harder and you must have achieved something good. If you are losing money from trading now, you should stop using money in trading for now and prepare for trading well in demo account, focusing more on holding. You hold for now. And prepare well for trading take well course and use demo account later when you learn training thoroughly then you can start trading again you will definitely make money. Remember, There is No success without lose and pain.

[el kaka22]

The trick with people who are trying to look like they always knew that it would go up is that most of us are actually lazy and not smart. I mean if you want to label it a smart move then you can, but I possibly got "richer" , nothing big unfortunately, because I just didn't want to deal with all those selling and buying and trading. I wanted to just buy and hold, didn't want to do anything else, and it worked out well enough.

I think that it is going to be just fine, and it will get better. We should consider that having this kind of situation is a lot better, and it will cause people to get out of this situation better. I hope people can see that, it is not really a success story, just some lazy guy not selling that's it.

[KingsDen]

Re: Success is a meaningless word without failure. 

Even if many people fail countless times before they succeed, it does not give me the audacity to always pronounce failure as something everyone must actually passed through. Some people do actually succeed without having to fail in a particular thing. Taking cryptocurrency trading for instance, it doesn't mean that the moment he lost some money you have failed. We can call failure when you try making profits for several time and it did not happen and you eventually quit trading that will be when we say you have failed. But if you make some losses and on the long run you equally make some profits, it is not nice to say that you have failed many times. Someone is likely to fail if they do not follow the due process or they do not have a mentor. Failure is avoidable most time when you follow instructions and work within the limit of your understanding.

There are people that are good in demo accounts because they have no risk in there but if it's about the actuality, that's where they're losing more money. They have to understand that doing demo accounts are as is but if you do actual thing with real money, the game gets harder and changes your perspective all over what you've experienced. But it's also an eye opener that if it's the real thing, you have to adapt the changes that makes you see the real view of how trading and investing works.

Demo account is totally a different ball game from real account. When emotions comes to play, everything changes. It is safe to assume that demo accounts do not actually teach how to trade.

[Hamphser]

Failure or mistakes is inevitable no matter what are the things that you are dealing with on which it would really be just that normal on having these things considering that its always been part of learning.

There's no way that you could really be able to have that perfect trade or investment or business on which no matter how old/veteran/experienced you are on certain field but it doesnt mean that
you would be able not to experience those failures. Its still that present or could happen but since you are already experienced then you do really know on how to handle up yourself
on which unlike into those noobs that doesnt have any ideas on what going on.

The thing on here is that you do really know on what you should gonna do.Our life and learning would really be a never ending cycle on which it would be just
that a normal approach or thing to have.

[poodle63]

so many people seem to forget that losing is also part of success because i'm sure that majority of people are definitely have experienced some losses in their life, its just how it is with life, losing is something that people frequently experience even when they are already building their empire of wealth they are not truly free of failure, there are many cases where quite literally some rich people went to rag because they just facing one big massive failure but if they don't wanna give up there certainly might be way for them to build up their wealth from the bottom up to the very top again.
its all depends on the people themselves about how they gonna face failure, some are so afraid of failure that they don't become successful and some are just don't care about failure and wanna try and try again.
the key to success is always linked to failure by accumulating experiences and getting the advantage better than the other person out there.

[Rruchi man]

Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.      

Failure may never beget success if you never learn the lessons that needs to be learnt when you fail, and also know the reason behind the failure. Many traders will do better if each time they fail or lose in a trade they try to understand why they failed or lost a trade before trying to place another.

 Learning from your mistakes and errors is a good way to make progress in trading, the mistakes made will point you in the direction of where you need more knowledge as a trader.

[freedomgo]

Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.  
  

I like your opinion about success is nothing without failure because you can’t experience the feeling of being successful without knowing how failure feels like.

The only opinion that caught my attention is the quoted statement above. I believe that experience is the best teacher but not to the point that you will need too many losses before you learn because there’s an obvious wrong on the method you are doing if you keep losing, this time surrendering trading is acceptable because not all people have the mind tailored for trading. You will just incur more losses if you still keep trading despite you don’t understand how it works no matter how hard you try on learning it.

Of course, it would be another story already if you have been trading for so long and yet you still incur more losses than gains, obviously you are not doing the right thing in trading. I always believe trading is not for everyone, although we can always decide to trade but success only comes for those who are actually highly capable to trade and always manage their emotions and make good decisions despite of their losses and gains in trading.

Failure is part in trading. We all know that all traders started from a scratch, and so everyone is susceptible to mistakes and losses, hence while success is the goal in trading, but without failure there can be no success in the long run.

[batang_bitcoin]

There are people that are good in demo accounts because they have no risk in there but if it's about the actuality, that's where they're losing more money. They have to understand that doing demo accounts are as is but if you do actual thing with real money, the game gets harder and changes your perspective all over what you've experienced. But it's also an eye opener that if it's the real thing, you have to adapt the changes that makes you see the real view of how trading and investing works.

Demo account is totally a different ball game from real account. When emotions comes to play, everything changes. It is safe to assume that demo accounts do not actually teach how to trade.

They don't really teach you how to trade because the main purpose of it is to let you experience how trading works. And when you're convinced that you can do it, that's when the urge to do some trades making you believe that you're confident going to win some of it.
But many of the first try outs are not going to be as good as what the demo account trader expects to see.

[Kemarit]

success is actually meaningless word without failure, because most of us loose some of their trades and at same time feel very disappointed because they only focused their mindset on making profits alone without anticipating any chances of loss or failure. losing a particular trade or several trades does not really make you a failure instead it gives you the opportunity to embrace every important lesson that you failed to achieve in your missteps or in your wrong turns.

It's a hard pill to swallow, but it's part of life though, I mean everyone has to fail in order to feel that experience and then try to never had feel it again. So we try to improved based on our failures. Even great minds and scientist has to fail many times before they can innovate.

Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.        

Yeah, if you feel that you are being overwhelm by trading and so just be a HODLer and see how it goes. But if you dream and you have a goal to trade then by all means go. Just be ready to fail though. And the most important thing is that you get up once you fail and try it again and again until you succeed in the long run.

[Assface16678]

There are people that are good in demo accounts because they have no risk in there but if it's about the actuality, that's where they're losing more money. They have to understand that doing demo accounts are as is but if you do actual thing with real money, the game gets harder and changes your perspective all over what you've experienced. But it's also an eye opener that if it's the real thing, you have to adapt the changes that makes you see the real view of how trading and investing works.

Demo account is totally a different ball game from real account. When emotions comes to play, everything changes. It is safe to assume that demo accounts do not actually teach how to trade.

They don't really teach you how to trade because the main purpose of it is to let you experience how trading works. And when you're convinced that you can do it, that's when the urge to do some trades making you believe that you're confident going to win some of it.
But many of the first try outs are not going to be as good as what the demo account trader expects to see.

Exactly, demo accounts are meant for a trader to try out all he has learned; it's like you can do experiments or different things in order to see if your approach or skills are good enough without the fear of losing your funds as it is a demo account. Many bew traders ignore this feature and go straight to live trading, which is the result of their losses, but of courseyour approach or skills are good enough without the fear of losing your funds as it is a demo account. Many bew traders ignore this feature and go straight to live trading, which is the result of their losses, but of course you should not be too comfortable with demo trading as you might pick up a habit in a demo account and use it in a live account, which is not applicable, so balance it out. Make use of the demo trade for a while, maybe a month, you spend in the demo account for you to grasp, like you are really doing a live account. With that, you may attain a phase where you will be confident and also know what you will do in different situations