Don't be scared to start all-over

[KiaKia]

If you are scared of starting over again you will remain in that same spot forever, failure is actually bad good thing, people just don't get it because when you fail you are a step closer to winning.

Schools have brainwashed so many into thinking that winning. Is the solution to everything, you need to fail to find answers to most things, some people don't even know them true self until they fail repeatedly.

Failure brings changes, so fail, fail and fail again until failure doesn't scare you anymore, this way there is no problem you won't be able to find solution to.

[sunsilk]

Everyone makes mistakes, and we here are no exception. I’ve been scammed by cloud mining and lost money that way. I’ve also bought shitcoins and lost money on those too. From those experiences, we’ve come to understand what’s wrong and what’s right, and that makes us more experienced and helps us be more cautious in the future. Don’t let those experiences discourage us, because that’s pointless. It’s better to keep investing, but not in just anything, but in Bitcoin, which has proven itself.

Look, everyone does have that experience of yours from cloud mining to investing in the shitcoins and losing all money that we've saved from our profit holding Bitcoin.

But it shouldn't stop there when we lose so much. Others don't take it for granted when they've lost little from those experiences.

And they move on too quickly. Yet, for those folks who have lost so much it can be understood why they're losing the appetite to start all over again when they've made so much already and with few mistakes, they had to go back from the very start.

[liasbaa]

Everyone makes mistakes, and we here are no exception. I’ve been scammed by cloud mining and lost money that way. I’ve also bought shitcoins and lost money on those too. From those experiences, we’ve come to understand what’s wrong and what’s right, and that makes us more experienced and helps us be more cautious in the future. Don’t let those experiences discourage us, because that’s pointless. It’s better to keep investing, but not in just anything, but in Bitcoin, which has proven itself.

I totally agree with you that it would be best for us to continue investing in Bitcoin. I started with shitcoin to get high profits but it was not convenient for me. The conclusion I reached through analysis and market observation was Bitcoin. My personal analysis and expert advice has kept me in the right position and I am accumulating Bitcoin regularly.

I have seen some newbie investors investing in Bitcoin out of emotion but I advise them to avoid alternative strategies for long term Bitcoin accumulation. Bitcoin is not a get rich quick scheme and emotion can be worthless most of the time if it is for short term trading. Bitcoin has proven time and time again and has recovered its value and fulfilled the expectations of long term investors time and time again.

[uchegod-21]

Many people have had really bad first-time crypto experiences. I still remember a friend who went as far as paying for a trading bot, which ended up making him lose all of his capital very quickly. He got the advice from a person he regarded as his mentor back then. There are still other people who invested heavily in pump-and-dump coins and ended up unlucky. Many still hate crypto to date, while some researched more and found Bitcoin, which gave them a totally different experience.

When people say "invest only what you can afford to lose," they aren't joking about it. Investing in crypto is very risky. You might start off on the wrong foundation or get scammed by people who claim they are trying to help you. But all of those form part of your experiences, so you can know what to do and what not to do going forward. It will help you appreciate the importance of research, due diligence and risk management.

Some really follow suggestion of people who experience things that give lesson to new one, but some people who are new in crypto, they think since they are earning better than those OG people, thinks they are better, but they did not know that those people have gain experience, they only follow the suggestion after they experience what other people said, although its too late.
Don't lose hope when starting over its only normal for you to experience bad things, but never lose hope to start over, because if not, you can't recover don't listen to negative people, always stand up and don't be afraid to stand up.

It is easier to say than act when you talk about starting over again. There are folks who have lost their many years of handwork just by slight display of smartness. It is better to learn from the mistakes of others instead of waiting to experience what happened to others. Sometimes the level of wealth lost over a slight mistake or trying to follow FOMO prints. It is even more rampant amongst the rich investors who invest serious amounts into bitcoin let's say at $70k, with the initial plan of holding for a long time. But when price goes up, they start attempting to play around with bitcoin thinking they are wise. When such people crash into losses, they find it very hard to get back to their feet and some people go to the extent of going gaga and alcoholism. So it's easier to preach getting back after grace disappointment than practicing it. To be on the Safe side, you should be very conscious and careful with your investment at all time.

What should a person who has lost it all do, fold his arms and let the world swallow him? Even in that mindset, if you decide to learn from your mistakes, you will do better. Starting all over again is the best decision anyone can make for themselves.

Newbies are generally vulnerable; there is a lot of information everywhere and people claiming they are OGs, willing to guide them with or without a fee. Newbies read and follow these teachings, hoping to come out better. Many usually make mistakes along the way, while some are just lucky to find the right sources and people on time, so they have no problems at all.

Those who are unlucky have two options: either they quit and look for other less risky projects to invest in, or they learn immediately from their experience. Most bad experiences are not planned; they just happen.

[btc78]

i commend you for not remaining in self pity and instead doing something about it. some people refuse to acknowledge their mistakes while some are too scared to try again but you did both and that’s commendable. rooting for your and everyone who tries again’s successes.

[Tmoonz]

My point here is starting all-over is better than staying off completely. It's better to have slow growth than taking no action at all

Making mistakes is one part, but admitting to yourself that you were wrong is another part which many new investors continues to fail. What you should understand is that there's no one above mistakes. You may feel at some point that you are doing it right and just taking the normal risk, but not until it's too late you may not realise that you are going to the wrong direction. What makes it even more critical is the fact that in crypto when your coins are lost, there's little to no chance of recovering them. Scammers these days are becoming even smarter than they used to and even if you wish to by any means track them down, there's still a low chance you will succeed plus the money which would be required to hire such services would be almost equivalent to what you've lost.

There is one thing I usually tell myself which is one can still get back money lost at some point in our life just a matter of time, whenever we make mistakes and lost money let the desire to make back the money and even more be greater than the fear encountering such mistake again in life, when a man has fallen what he owes himself is to rise again, mistakes are lessons, starting all over again will comes with more better approaches, sheet happens and given up should always be the last option, every mistake should make one grow a thicker skin.

[JiiBs]

i commend you for not remaining in self pity and instead doing something about it. some people refuse to acknowledge their mistakes while some are too scared to try again but you did both and that’s commendable. rooting for your and everyone who tries again’s successes.

One who is too afraid to make mistakes is someone that isn’t ready to win or make some real progress. Mistakes is a part of us as humans and sometimes, we fall but our strength is on being able to rise again when we fall.

We all heard all the update won how Edison did the experiment over 999 times before he discovered the lightbulb, of course that’s fictitious but, it tells you just how much you need to keep trying if you really want to make it to your goals, it’s real and it happens to a good lot of us.

[Tungbulu]

There is one thing I usually tell myself which is one can still get back money lost at some point in our life just a matter of time, whenever we make mistakes and lost money let the desire to make back the money and even more be greater than the fear encountering such mistake again in life, when a man has fallen what he owes himself is to rise again, mistakes are lessons, starting all over again will comes with more better approaches, sheet happens and given up should always be the last option, every mistake should make one grow a thicker skin.

I love how you framed this. Most of the times, what makes people not to keep trying after hitting some losses or a kind of road block is exactly what they've lost, but just as you've rightly said, as long it's not life, what ever that was lost could still be recovered, money, properties, even relationships can be recovered, so when one finds himself in such a situation, rather than dwelling on what is already lost, or allowing the experience stop them from moving forward, their focus should be on improving and recovery.

[puloweh555]

There is one thing I usually tell myself which is one can still get back money lost at some point in our life just a matter of time, whenever we make mistakes and lost money let the desire to make back the money and even more be greater than the fear encountering such mistake again in life, when a man has fallen what he owes himself is to rise again, mistakes are lessons, starting all over again will comes with more better approaches, sheet happens and given up should always be the last option, every mistake should make one grow a thicker skin.

I love how you framed this. Most of the times, what makes people not to keep trying after hitting some losses or a kind of road block is exactly what they've lost, but just as you've rightly said, as long it's not life, what ever that was lost could still be recovered, money, properties, even relationships can be recovered, so when one finds himself in such a situation, rather than dwelling on what is already lost, or allowing the experience stop them from moving forward, their focus should be on improving and recovery.

That's right. Your post also automatically motivates those who read it. As long as we don't lose our lives, we can recover everything as long as we learn from experience and continue to evaluate.

So, never be afraid to start something. Loss, failure and falling are not the end of the world for those of us who think. In fact they will motivate us to grow stronger. Furthermore, many successful traders today have experienced loss and failure. The difference is that they didn't stop there they continued to learn, get up and try again in a smarter way. So yes, as long as we're still breathing everything can still be improved, but by using experience as the best teacher and making us good students.

[Crytohillss]

There is one thing I usually tell myself which is one can still get back money lost at some point in our life just a matter of time, whenever we make mistakes and lost money let the desire to make back the money and even more be greater than the fear encountering such mistake again in life, when a man has fallen what he owes himself is to rise again, mistakes are lessons, starting all over again will comes with more better approaches, sheet happens and given up should always be the last option, every mistake should make one grow a thicker skin.

Losing money really hurts no doubt but it is not the end of the world, what matters is what one can take from it every setback teaches people something if one are paying attention. Bouncing back is really good, move smart and don't let people mistake explain to your next movement growth comes from those tough moment.when an investors fall they should not be discourage , they should rise again and continue from where they stop that's the mindset of every business men.

[Tungbulu]

Losing money really hurts no doubt but it is not the end of the world, what matters is what one can take from it every setback teaches people something if one are paying attention. Bouncing back is really good, move smart and don't let people mistake explain to your next movement growth comes from those tough moment.when an investors fall they should not be discourage , they should rise again and continue from where they stop that's the mindset of every business men.

I really do not know why your statement about bouncing back just points me back to lost chasing or recovery. When a gambler eventually ends up losing and amount of money and all he can think about at the time is bouncing back, then you are clearly not ready, because this road usually doesn't end well. It's not as if it's impossible to recover, but this doesn't happen the way we expect it to happen as it mostly ends in loss.

[aoluain]

Losing money really hurts no doubt but it is not the end of the world, what matters is what one can take from it every setback teaches people something if one are paying attention. Bouncing back is really good, move smart and don't let people mistake explain to your next movement growth comes from those tough moment.when an investors fall they should not be discourage , they should rise again and continue from where they stop that's the mindset of every business men.

I really do not know why your statement about bouncing back just points me back to lost chasing or recovery. When a gambler eventually ends up losing and amount of money and all he can think about at the time is bouncing back, then you are clearly not ready, because this road usually doesn't end well. It's not as if it's impossible to recover, but this doesn't happen the way we expect it to happen as it mostly ends in loss.

No this is not gambling related or chasing losses, its about not giving up and starting fresh,
its very different.

Lessons learned by the OP:

Treat every unsolicited "business venture/investment" as suspicious

There are no "get rich quick" schemes designed to actually reward you

Take full control of your coins and dont entrust them to any third party even if the rewards
are very enticing

Its just a pity that the OP took 4 years to get beck into Bitcoin, that was 4 years when he
could have been accumulating and is now 4 years behind where he could have been.

[Youngrebel]

You were always interested to increase your income as fast as possible to settle some problems and things that concerned life and those are the type of people that always fall I to the wrong hands. Scammers always lure you to trust them before executing their evil plan. And it is hard to restart from the beginning again because at this point, you have nothing to think of to start any business or investment so at first you have to think which of the peasantary job can you do to gather money to start over. And that should be your determination to achieve great things in your life.
People invested all they have in Ponzi Schemes and lost all and couldn't stand up again to start over and that became their end. But for those who have great determination always have plan B.

[Die_empty]

You were always interested to increase your income as fast as possible to settle some problems and things that concerned life and those are the type of people that always fall I to the wrong hands. Scammers always lure you to trust them before executing their evil plan. And it is hard to restart from the beginning again because at this point, you have nothing to think of to start any business or investment so at first you have to think which of the peasantary job can you do to gather money to start over. And that should be your determination to achieve great things in your life.
People invested all they have in Ponzi Schemes and lost all and couldn't stand up again to start over and that became their end. But for those who have great determination always have plan B.

The problem some newbies have is ignorance. Instead of waiting to gain more knowledge about the crypto industry before investing, they end up putting in money without a proper understanding. They are not aware that the majority of the altcoins in the crypto market are pump and dump. Any platform that promises customers or users high profits should be investigated. These scammers use high returns to attract unsuspecting people to invest.

Knowing your mistake and making amends is important in the path of starting again. My advice to newbies and others is to focus on Bitcoin because you can never be wrong hodling Bitcoin.

[Sonia_123]

Making mistake is part of learning and growth, at least next time you will be aware of this aspect of scamming this is one of the risk involved .

Good enough you are able to stand strong and continue, this is the best decision you have taken by starting allover again no matter how  little it is will help you grow and have a sizeable amount of bitcoin when invested for a long term.

[I_Anime]

You were always interested to increase your income as fast as possible to settle some problems and things that concerned life and those are the type of people that always fall I to the wrong hands. Scammers always lure you to trust them before executing their evil plan. And it is hard to restart from the beginning again because at this point, you have nothing to think of to start any business or investment so at first you have to think which of the peasantary job can you do to gather money to start over. And that should be your determination to achieve great things in your life.
People invested all they have in Ponzi Schemes and lost all and couldn't stand up again to start over and that became their end. But for those who have great determination always have plan B.

Is normal to make mistakes as humans the danger is not learning from those mistakes. After being victim of such scam and stuff the chances of you fallen for same trick again is low . Because you have already know their scope , so you can easily avoid it with the use of your prevent experience.

There’s always a set back when you embark on a life changing journey , but those set backs are meant to strengthen you and build you . Because there’s always something one can learn from those setbacks.

[Hazink]

In most people's early days in crypto, they also faced challenges which have led them into losing everything which took them time to accumulate some were innocent mistakes which were connecting their wallets to the wrong app because of airdrop claims while some learned from it. I have those who considered the whole system to be scammed and did not bother to come back just as you picked yourself up so did most people, and they are even on a higher place compared to what they have lost in the past given up because of an error is never a good way to deal with a problem.

[Cookdata]

The problem some newbies have is ignorance. Instead of waiting to gain more knowledge about the crypto industry before investing, they end up putting in money without a proper understanding. They are not aware that the majority of the altcoins in the crypto market are pump and dump. Any platform that promises customers or users high profits should be investigated. These scammers use high returns to attract unsuspecting people to invest.

Knowing your mistake and making amends is important in the path of starting again. My advice to newbies and others is to focus on Bitcoin because you can never be wrong hodling Bitcoin.

People love to practice what they hear others chant, they don't want to know the reason behind what happened because of short term gains. Instead of taking their time to study what they need to know, they waste their time and money and when all that is over, they wish they follow the normal way. It's okay if the first time doesn't work, there are countless opportunities on the market, you can always start over but such moment maybe rare to get on another trial.

Some people have bought other coins countless time but it never work for them, that's a prove that altcoins will not work for them. Instead of adjusting their plans and comes fully to Bitcoin, they go back to raised another money and buy another coin that goes beyond the first mistake they made. Sometimes I don't feel for some of them, it feels like they know what they are doing but when they repeat it again it looks like they are too dumb.

[Marvelockg]

Then in 2024 I tried building back. It wasn't easy from the start but I kept up with consistency. Although I don't have as much as I had back in 2020 but I am glad I am able to stay committed no matter how small the growth seems.

Having a quick reset mindset is the first step to effectively dealing with set backs because in some way, set backs are bound to come but you've got to find a way to move on in the midst of it regardless.

At the newbie phase of being invested in bitcoin, there are avoidable mistakes one might fall into some of which might be really painful but yet, you've got to deal with it and still move on. Refusing to move on means you've accepted never to grow and that means you've shut yourself off any future opportunities that might come.

In times when scam is on the rise, it's not too strange to fall victim. Every investor just have to be in his guide and be ready to move pass any short coming if it eventually happens.

[LOVER BOY 422]

I once lost everything to greed, anxiety and uncertainty. My crypto journey began sometime around 2020, back then I was very optimistic and ready to jump into any investment opportunity that comes my way. In 2021 I got my first surprise.

What happened was i entertained a complete stranger on my telegram channel. The fellow first got me to trust her and in the process introduced me to a scheme. The tone of assurance was so strong that I fell for it.

Funny enough the tried to get my full trust by giving me rewards every day for staking my coin on their mining platform. And after two weeks I woke up to see my wallet has been cleared. Both the rewards and my personal coin all gone

It drained me and kept me low for quite a long period. I didn't know where to start from and I was even confused on how to explain this to someone else. It took me a long time to put myself back together.

Then in 2024 I tried building back. It wasn't easy from the start but I kept up with consistency. Although I don't have as much as I had back in 2020 but I am glad I am able to stay committed no matter how small the growth seems.

My point here is starting all-over is better than staying off completely. It's better to have slow growth than taking no action at all

I was in this settings some years back , I was also in this kind of shoe but I was fast enough to build back after I use so much money energy and time in building, but to my greatest surprise I was being charged heavily in many different ways and laws , but I rebuilt making sure that my target and my arms, objectives will be achieved, I feel your pains mate that is how the hustle is in must times , instead of folding my hands I decided that it's better and nice to start from somewhere than to fold my hands and watch,

I think this is greatness and perseverance over this situation but I'm happy for my self anytime I look backwards and remember the past and the efforts I put to get to this level all over again, this thread make me to remember the past , but congratulations to you that you didn't just give up on your dreams.