Overconfidence makes you spend more than necessary

[GeorgeJohn]

To be overconfidence is good, and before someone to be overconfidence in something, it means he knows the rudiment of the things...I want to inform us that, in some certain online processing documents of any kinds, needed for anyone who wants to process it to come to their server and process it before it will go true or be successful..anything that make you to process it out of the jurisdiction of the server, automation error most occur...The person you're using as point of illustration might know the process more better, but due to it did it out off the server the government workers are using to process details, it may likely to be intercepted in processing...

[BALIK]

In fact, if there is no confidence then courage to take first step often does not come. Problem will arise only when we pretend to be overconfident. If someone think he is wise despite not having enough knowledge then he is a fool.  Same goes for that person you mentioned here. He did job despite not having necessary knowledge. And that is where he went wrong.

However, I will not belittle his self-confidence. Making mistake is not problem either. This will allow him to learn subject better and avoid repeating error in future. It is true that relying on others for every task would make thing easier for us. But I would never be able to do that work myself. I would always have to remain dependent on others.

[Cgrexp]

In fact, if there is no confidence then courage to take first step often does not come. Problem will arise only when we pretend to be overconfident. If someone think he is wise despite not having enough knowledge then he is a fool.  Same goes for that person you mentioned here. He did job despite not having necessary knowledge. And that is where he went wrong.

However, I will not belittle his self-confidence. Making mistake is not problem either. This will allow him to learn subject better and avoid repeating error in future. It is true that relying on others for every task would make thing easier for us. But I would never be able to do that work myself. I would always have to remain dependent on others.

It is natural to have fears or thoughts of failure starting a new task. If a person does not believe in himself . he will not be able to take the first step.  Even if there is an opportunity. Confidence gives a person the courage to learn new things and increase his capabilities. Confidence is, I may not know everything but I can do the job by learning as needed and trying carefully. On the other hand . overconfidence is, I think that even if I do not have sufficient knowledge or experience . I know everything and there is no possibility of my making mistakes. When a person does not understand the limitations of his knowledge  he is not interested in accepting necessary advice or information. It is not right to make decisions based on confidence alone without knowing anything. Especially in business, investment or any other important decision  it is necessary to know about the risks and accept one's limitations. Confidence alone is not enough to be successful and even if you have knowledge you do not always have the courage to start working. What is needed is to create a balance between knowledge, confidence and understanding one's limitations. Confidence is what makes a person not blindly take risks but makes him able to make his own decisions with understanding.

[Sobz]

To be overconfidence is good, and before someone to be overconfidence in something, it means he knows the rudiment of the things...I want to inform us that, in some certain online processing documents of any kinds, needed for anyone who wants to process it to come to their server and process it before it will go true or be successful..anything that make you to process it out of the jurisdiction of the server, automation error most occur...The person you're using as point of illustration might know the process more better, but due to it did it out off the server the government workers are using to process details, it may likely to be intercepted in processing...

It is possible why the person did not succeed in getting it done it could be as a result from the server of the government. To be confident is good but one needs to check well while being confident because some people are blindly ignorant and are so confident in their self, and this kind of being confident even cause more problem for some people.  Overconfidence has made many people not to learn and they believe what they know is right and if you check they do things in the wrong way.

[Jubilee58]

There are things that could lead to errors while making payments in a particular portal, sometimes it could be network glitch, and in some cases transactions can steal be reversed or if there is any evidence of payment the money could be refunded. Sometimes ago, I had similar issue when I want to pay for my certificate, I was to make payment in two places, one was successful, and the other one was not successful, this situation actually delayed the certificate, but I eventually got it because the payment was refunded, and the payment was initiated the second time. Anything network can be interrupted anytime, but in most cases when the network is restored you can continue with what you want to do, it even if you have your own computer system you will still encounter network glitch.

[Dareo]

The real problem here is not just overconfidence, but giving more importance to your own skills than the rules. I think it is safe to follow the prescribed process, no matter how experienced you are in any financial matter. Especially in the case of online payments, even a small mistake can take a lot of time and money to fix later. Although in your post you said that the payment of that person was not completed due to a code error. However, this issue of overconfidence like your story is very comon in the crypto world. Many people think they are experts after watching two or four videos. And without any market analysis or risk management, they sit down with high leverage in futures trades and lose their entire balance overnight.

[Bluedrem]

Confidence is good but overconfidence is never good. When a person becomes overconfident, he gets involved in various things without any caution. For example, if someone wants to do business, if that person is overconfident about the success of the business, then he will refrain from taking the precautions that need to be taken initially to start the business, as a result, due to small mistakes, the businessman may face big losses at the beginning of the business. You are right that overconfidence can cause losses in business.
So, we should take enough precautions while doing business, we should be confident.

[snowpega]

...
What do you think?

Rather than staying in an overconfident, imaginary world will make you a haughty person, which means that with having this habit, you will become a rigid person with the passage of time. A person who always stays in the zone of thinking I can do everything by myself will can lead him to a worse verge. There is nothing wrong with taking help from others.

Because if you commit this thing in your mind, I should also learn form other; then you will do less mistake and, learn more, and get the best results at the end of the day. I believe that the person who says I have the knowledge of everything is just like a sparrow that sips a drop of water from a big sea, and the rest of the water in the sea is an example of the knowledge that you still lack and need to learn. We as humans always stay in the learning phase from the day of birth till the day of death. What do you think about this?

[Cheema02]

To be overconfidence is good, and before someone to be overconfidence in something, it means he knows the rudiment of the things...I want to inform us that, in some certain online processing documents of any kinds, needed for anyone who wants to process it to come to their server and process it before it will go true or be successful..anything that make you to process it out of the jurisdiction of the server, automation error most occur...The person you're using as point of illustration might know the process more better, but due to it did it out off the server the government workers are using to process details, it may likely to be intercepted in processing...

Almost all individuals face the same problem in daily life when they have to deal with government sectors and that problem is system errors. Sometimes, individuals who consider themselves more confident do well if they have basic knowledge about the system. Especially for online services, the government coordinator or system operators have limitations on using the official server to proceed with the individual's applications, but if someone tries to go beyond the limits, an error automatically occurs and it stalls the application.

So, in this case, a lot of people are angry with that operator and many give suggestions to them to do this or that. Still, actually, this is the operator of that system, and he knows his system better than anyone else or the actual problem is not with the operator. Still, the actual problem is in the system due to some funny mistake. So, will you blame the operator next time in this type of situation, or consider it a system error?

[Jaycoinz]

Confidence is good but overconfidence is never good. When a person becomes overconfident, he gets involved in various things without any caution. For example, if someone wants to do business, if that person is overconfident about the success of the business, then he will refrain from taking the precautions that need to be taken initially to start the business, as a result, due to small mistakes, the businessman may face big losses at the beginning of the business. You are right that overconfidence can cause losses in business.
So, we should take enough precautions while doing business, we should be confident.

Deep down, I do think someone who is over confident without having the adequate knowledge ascribed to that thing he is over confident about is a big fool. Before anyone can trust in himself to be successful in a business, I think he must be armed with the necessary knowledge and probably an experience of that success to believe in himself that much, if it's otherwise you end up making a mockery of yourself and spend more money. In all it depends on the quality of the person.

[DYOR+BTC]

Confidence is good but overconfidence is never good. When a person becomes overconfident, he gets involved in various things without any caution. For example, if someone wants to do business, if that person is overconfident about the success of the business, then he will refrain from taking the precautions that need to be taken initially to start the business, as a result, due to small mistakes, the businessman may face big losses at the beginning of the business. You are right that overconfidence can cause losses in business.
So, we should take enough precautions while doing business, we should be confident.

Deep down, I do think someone who is over confident without having the adequate knowledge ascribed to that thing he is over confident about is a big fool. Before anyone can trust in himself to be successful in a business, I think he must be armed with the necessary knowledge and probably an experience of that success to believe in himself that much, if it's otherwise you end up making a mockery of yourself and spend more money. In all it depends on the quality of the person.

Not at all times friend, must times we may be confident enough in what we are equipped with without knowing the opposite may be the case at last. Over 80 percent of failed businesses failed not because the entrepreneur is not well equipped with the desired knowledge but at times because of little miscalculation.
All we need do is not to be over confident in all we find ourselves but just be conscious enough to identify any challenge and find possible solution to any incase of necessity.

[blockman]

Being overconfident has its pros as well and that makes you want to go further with whatever you're doing while the others have already given up. It gives the courage but that has to be applied in the right way. Because if not, we'll need to balance that confidence that we have. Having too much of it will put you in a situation that will humble you the most. Been there and done that, and that's why it's always fine to know your limits and boundaries and just apply it if you think that you're almost giving up in dealing with some situations.

[Ever-young]

I read this multiple times and even comments just to be sure that me not figuring out the over confidence is not my inabilities but it’s you making the thread long but incomplete. You’d have atleast stated where he got it wrong.
But regardless, whatever that happened I don’t think it’s overconfidence. It could just be him trying to save time and cost.
Just like you said; you already left before he did his thing. And his mistakes that were pointed out to him, you never stated.
I personally think you drew your conclusions from the 3rd party that was questioning his abilities with illustrations, if he really wanted to help him, he’d have communicated earlier enough.

Even if he decided to make the payments on his own, I believe the people there were too tired and nonchalant to give him an early clarification on why it’s better there.
Not defending him, you just did not picture the overconfident in the scenario.

[Opiate32]

The thing with overconfidence is that it tricks you into thinking you have more control, safety, or a better future prospects than you actually do, but in reality it is not as it seems.

The simplest defense against overconfidence from the lesson here is to learn to build structural friction into your decisions—like having to wait for long periods, having to trust the man in charge to do the job right, instead of risking the rules and making emotional decisions because of impatience and overconfidence in your abilities, because this could save you the financial stress of having to pay twice and double most times and save you the stress of looking stupid in front of others.

What do you think?

The thing is that the guy probably wasn’t wrong to have confidence in his ability. The problem was assuming that his experience with computer automatically meant he understood that particular process better than the person handling it. There are obvious situations where being confident saves you time and money but also there are situations where when to step back is actually the smartest move.
I also thing this happens alot when someone becomes very good at something. Success in one area can make you start assuming that you can figure out everything else just easily.

[viljy]

Bureaucratic procedures are almost always convoluted (and deliberately so), so it’s more sensible to enlist the help of someone who can guide you through all the bureaucratic stages, even if it’s just some kind of payment. Because a mistake made now can later create even more problems with correcting it.

And besides, it saves time. After all, it’s not for nothing that people resort to the services of lawyers; the situation here is similar. And, moreover, there’s a well‑known saying that everyone should stick to their own business, to what they’re good at. In other words, entrust the bureaucratic procedures to a clerk if you’re a restaurant chef, or even, as in this case, the owner of a computer business center.

[Hewlet]

The thing with overconfidence is that it tricks you into thinking you have more control, safety, or a better future prospects than you actually do, but in reality it is not as it seems.

My take on this is that he experienced issue because of over familiarity with the internet and payment process not knowing that in some cases, what is applicable to one payment channel might not be applicable to other payment channels. most of us make that mistake by trying one thing out and from the result we have gotten from that thing, make a general conclusion that every other thing is going to work that way.

Even if you know how to do a a thing, still give room for research and proper enquiry because the moment you decide that you are going to stop learning, you have decided to start dyeing.

[Davidloki]

Deep down, I do think someone who is over confident without having the adequate knowledge ascribed to that thing he is over confident about is a big fool. Before anyone can trust in himself to be successful in a business, I think he must be armed with the necessary knowledge and probably an experience of that success to believe in himself that much, if it's otherwise you end up making a mockery of yourself and spend more money. In all it depends on the quality of the person.

Pride can be misinterpreted as overconfidence in some cases. Some people are just proud to learn new things but claim that they know it all, but pride they say comes before a fall. When you see a person who knows what they are doing and does it perfectly, it's easy to say that's overconfidence which might not actually be a problem unless they fail to adjust to new developments.

Spending money is necessary to run a business but without knowledge, one will always spend more, there's no shame in admitting zero knowledge about something, nobody is a book full of knowledge.

[Bitcoin Maxi]

I don't really see it as overconfidence, I think is ignorance for me. The guy here is a computer person, be deals with things like this on a daily basis, one being in a particular field doesn't always mean he might know everything that is happening in that field. Maybe he might have thought because he does other online works he will be able to tackle it, instead of first making enquiries to know how that particular process work or the procedures to carry it out effectively, it's his loss Shia he might have been ignorant and what he's supposed to have done is to find out how to handle that to avoid mistakes.