Investment Become Gambling

[Moreno233]

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Being a Newbie doesn't mean the person is license to make mistakes. There is no doubt about the fact that nobody is above making mistakes but there are some mistakes that be avoided. Like I made mention in my previous post , using money that is meant for expenses for investing in bitcoin is a mistake that should be avoided by all including newbies. Selling when we are still on accumulation phase as a result of market trends is also mistake that should be avoided and we shouldn't say because someone is a newbie that they should make the mistake of selling as result of price decline before they can be able to learn.

It seems you are mistaken the point made by Choice and from my understanding, she is simply confirming the common knowledge that newbies are more likely to make mistakes than experienced investors. This is true because the experience is gained by learning from the mistakes of others or ours, a privilege a lot of newbies do not yet have.

It is also important to note that a lot of newbies developed interest in Bitcoin due to what they were told or what they read about Bitcoin which make them feel it is a shortcut to a life of affluence. They came with this mindset and some of them end up being trapped by the market when it refuses to surge and give them fast profits.

[The Founding Titan]

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Being a Newbie doesn't mean the person is license to make mistakes. There is no doubt about the fact that nobody is above making mistakes but there are some mistakes that be avoided. Like I made mention in my previous post , using money that is meant for expenses for investing in bitcoin is a mistake that should be avoided by all including newbies. Selling when we are still on accumulation phase as a result of market trends is also mistake that should be avoided and we shouldn't say because someone is a newbie that they should make the mistake of selling as result of price decline before they can be able to learn.

It seems you are mistaken the point made by Choice and from my understanding, she is simply confirming the common knowledge that newbies are more likely to make mistakes than experienced investors. This is true because the experience is gained by learning from the mistakes of others or ours, a privilege a lot of newbies do not yet have.

It is also important to note that a lot of newbies developed interest in Bitcoin due to what they were told or what they read about Bitcoin which make them feel it is a shortcut to a life of affluence. They came with this mindset and some of them end up being trapped by the market when it refuses to surge and give them fast profits.

Of course a newbie is most likely to have cold feet than someone who has been investing for a while but the fear of making mistakes shouldn't push s person away from starting their bitcoin investment, experience is a part of growth and the moment a person starts investing in bitcoin there are already building experience whether they planned on it or not.
Nobody should use the excuse that they are not experienced to delay their bitcoin investment, the only way to build experience as a bitcoin investor is to actually invest, if the person is uncertain then they can start with s little amount of their discretionary income and see how they handle it, with time they will become used to investing and won't be bothered too much about it again.

[Emjay24]

Just because one spends a couple years in bitcoin or learning about Bitcoin will automatically make them immune to investment mistakes. Of course you'll still encounter situations that you'll eventually make a couple of mistakes, the only only difference is that you won't be completely naive and would know ways to be able to correct your mistakes early, rather than making more mistakes in an attempt to correct the previous mistake you've already made.

Of course mistake is not limited to some set of people, rather it's something that happen to everyone, no one is above making mistake even though some people  claims that they don't make mistake but that's not true rather there are some certain mistakes they can't make it's called (unnecessary mistakes) this mistake is mostly done by newbies I mean does that have not gain enough knowledge about bitcoin investment, while those that have gotten the best knowledge about bitcoin investment can still make some mistake and those one's can be very expensive.

Mistakes are bound to occur in the cryptocurrency space and no matter how knowledgeable an individual is he or she can’t overcome this mistakes because they are part of the journey but we can reduce this mistake and losses by our knowledge and understanding of the market and also experience too but overcoming it is not something that could possible happen.
We must face some challenges and mistakes during our journey in cryptocurrency space but we are gaining much experience and understanding of the market that later on once we face such challenges we can easily know the right strategies to use and avoid it.

Challenges should not deter us, In fact they are part of the process. While investing in bitcoin, there are necessary challenges we must be prepared to face as investors on a long-term drive which includes

• Challenges to maintain our consistent purchases
• Challenges in managing our cashflow properly
• Challenges to resist taking profits and trading our portfolio
• Challenges to remain focused on the long-term goal and not allow the market sentiments to cause us panic

These challenges must be experienced by the investor and his ability to keep striving to be on the right part, learn from his mistakes and adjust practices accordingly that would benefit his accumulation journey would determine their success on the long-run.

[L E G E N D A R Y]

Of course mistake is not limited to some set of people, rather it's something that happen to everyone, no one is above making mistake even though some people  claims that they don't make mistake but that's not true rather there are some certain mistakes they can't make it's called (unnecessary mistakes) this mistake is mostly done by newbies I mean does that have not gain enough knowledge about bitcoin investment, while those that have gotten the best knowledge about bitcoin investment can still make some mistake and those one's can be very expensive.

I’ll agree with you on this one here. Even some experienced investors at some point needs to figure out their own unique strategies or how and where to make some necessary adjustments, and these proceedings don’t always have some sort of a manual or guide that you can just follow and arrive at a your destination, so that means you’ll likely make some mistakes along the way, and this is just very normal for any investor, as long as you learn from your mistakes and make good use of the knowledge and experience from the lessons, and not allowing your emotions overtake and push you into making more mistakes.