Dont get sad over what could have been - page 5.

jaberwock

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Quote from: UmerIdrees on September 09, 2021, 09:13:54 AM

Doing mistake is not as bad as repeating the same mistake. The best thing we should do is to learn from our mistakes.
Even the experience traders do the mistakes because it involves money. Where money is involved we become greedy & emotional, and this often lead to big losses.

You have touched on the most important point, when looking back at our mistakes, we must understand if there is anything we can learn and if there was a particular mistake we made.

Being upset over a mistake that wasn't even a mistake itself is not worth it. One such example can be missed buying BTC when it was cheap. Not buying BTC cheap was a mistake if you had the money and decided not to invest. It wasn't a mistake if you never had the money.

To conclude, if there is anything you can learn from the mistakes in the past, feed yourself the solution to avoid making the same mistake in the future.

boyptc

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Quote from: UmerIdrees on September 09, 2021, 09:13:54 AM

Doing mistake is not as bad as repeating the same mistake. The best thing we should do is to learn from our mistakes.
Even the experience traders do the mistakes because it involves money. Where money is involved we become greedy & emotional, and this often lead to big losses.

Doing mistakes, again and again, is already a problem, it's truly bad if you're that type of person that keeps on doing it.

Many of the people including me that have experienced the bear market learned a lot of lessons because of that season. Took the profit that you deserve and keep on holding with your remaining assets.

CaVO32

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Quote from: Silberman on September 09, 2021, 11:10:01 AM

Quote from: sovie on September 08, 2021, 01:49:41 PM

Its no use crying over spilt milk
Done is done and we dont have power to revert it back. So its better to get up and start over again. Key take away is to learn from past mistakes and not to repeat them again.
Nelson Mandela once said, "I never lose. I either win or I learn." This must be principle for all crypto traders.

I have never heard that proverb but now I am keeping it for myself because it is that good, however we must understand that the majority of the people are always going to look at the past and regret what they did or did not do, some people had so much bitcoin over the years that right now they could be millionaires or they lost their coins by silly mistakes or bought something they did not needed with those coins and it is going to be impossible for them to ever leave the past behind.

That quote is really very positive. You are not looking at the negative side but the good side of things. You treat the negative as something you can use to improve yourself as an individual. And so with trading, even if you technically lose your funds, find out why you experienced such loss and use that learning to your next trading activity. Because whatever the results once you execute the trade, you can never get back.

Silberman

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Quote from: sovie on September 08, 2021, 01:49:41 PM

Its no use crying over spilt milk
Done is done and we dont have power to revert it back. So its better to get up and start over again. Key take away is to learn from past mistakes and not to repeat them again.
Nelson Mandela once said, "I never lose. I either win or I learn." This must be principle for all crypto traders.

I have never heard that proverb but now I am keeping it for myself because it is that good, however we must understand that the majority of the people are always going to look at the past and regret what they did or did not do, some people had so much bitcoin over the years that right now they could be millionaires or they lost their coins by silly mistakes or bought something they did not needed with those coins and it is going to be impossible for them to ever leave the past behind.

bittraffic

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Quote from: UmerIdrees on September 09, 2021, 09:13:54 AM

Quote from: sovie on September 08, 2021, 01:49:41 PM

Its no use crying over spilt milk
Done is done and we dont have power to revert it back. So its better to get up and start over again. Key take away is to learn from past mistakes and not to repeat them again.
Nelson Mandela once said, "I never lose. I either win or I learn." This must be principle for all crypto traders.

Doing mistake is not as bad as repeating the same mistake. The best thing we should do is to learn from our mistakes.
Even the experience traders do the mistakes because it involves money. Where money is involved we become greedy & emotional, and this often lead to big losses.

Looking back ag what could have been will teach the trader the lesson of his life.

If he mjssed to dumped his profit of more than $100,000 because he listened to the people who told him HOLD then definitely looking back will make him learn not to do it again. If its time to sell, he will sell.

UmerIdrees

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Quote from: sovie on September 08, 2021, 01:49:41 PM

Its no use crying over spilt milk
Done is done and we dont have power to revert it back. So its better to get up and start over again. Key take away is to learn from past mistakes and not to repeat them again.
Nelson Mandela once said, "I never lose. I either win or I learn." This must be principle for all crypto traders.

Doing mistake is not as bad as repeating the same mistake. The best thing we should do is to learn from our mistakes.
Even the experience traders do the mistakes because it involves money. Where money is involved we become greedy & emotional, and this often lead to big losses.

barbara44

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Quote from: Twinscoin2017 on September 08, 2021, 05:56:12 AM

We can all have mistakes even expert can have mistakes and loss a huge amount of profit. It is normal to be sad when we loss but we need to stand over it and be more prudent in our trading journey, because not all of the time we will loss if we stand and continue to do trading we can possibly get some earnings than losing.

Interestingly experts have even bigger losses as well. A friend of mine turned 4k dollars into nearly 180k dollars, he thought that's enough for him, he bought a nice car (Mercedes s series, it is so awesome) and for the rest he just put some back into crypto and the rest into savings account. What happened? He bought 60k dollars worth of a token that was obviously a scam, and got scammed, how can someone who was smart enough to turn 4k into 180k ended up getting scammed on the most obvious way?

Well, he wasn't caring anymore, he was just idling by and didn't have the hunger. That's the most important thing when you are in the crypto world, to have that hunger. If you do not care and do not check then even when people around you warn you, you still do the wrong thing.

sovie

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Its no use crying over spilt milk
Done is done and we dont have power to revert it back. So its better to get up and start over again. Key take away is to learn from past mistakes and not to repeat them again.
Nelson Mandela once said, "I never lose. I either win or I learn." This must be principle for all crypto traders.

Smitty Werben Man Jensen

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Quote from: Twinscoin2017 on September 08, 2021, 05:56:12 AM

Quote from: QuickAccount on August 30, 2021, 02:03:52 PM

Hey guys! I wanted to compile a post from past and current information given to me by others and advice given to me by others.

If you had cryptos in the past and could have made lots, to kick yourself over it. If you get caught up over what could have been, you will go insane. So focus on the current time. Good luck!

We can all have mistakes even expert can have mistakes and loss a huge amount of profit. It is normal to be sad when we loss but we need to stand over it and be more prudent in our trading journey, because not all of the time we will loss if we stand and continue to do trading we can possibly get some earnings than losing.

I'm sure everyone must have felt the loss of money when trading,
losing money for me is an unavoidable part of trading and when I experience this I think there are only two choices, namely to just give up or move on,
What is clear is that it all depends on each person's decision

tygeade

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This topic is actually very close to my heart. I was among the most frequent spenders and users of dogecoins when it was near worthless and even spent it on things like gambling and tipping. Watching the price go this high made me regret really hard and believe me, it's easy to say that we must move on but it took me a few days to overcome the depression kind of mindset.

The more I think of it and try to avoid getting upset, the more upset I actually get. Even now as I am talking about this topic, I am starting to feel a bit lonely and bad about not holding some coins. I had some coins in my directbet playing wallet but they are now closed Sad

.

tvplus006

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Quote from: QuickAccount on August 30, 2021, 02:03:52 PM

...If you get caught up over what could have been, you will go insane...

I want to recall the words of the main character of the TV series "Billions", Bobby Axelrod, who said, the difference between a "trader" and a "good trader". The "trader" is happy with his victories and gets upset with unsuccessful trades. But a "good trader" in both cases always remains calm. We need to strive for this.

SirLancelot

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Quote from: checkmatesir on September 06, 2021, 12:33:50 PM

Thank you for giving a hope of never get sad or never lose hope. But some traders get so much panic due to their losses in trading and probably this trading is always volatile and no one know what will go next in the trading and what will be the situation? So, it will be better to keep patience by regretting after take a wrong step.

I am surprised just because someone said something, you actually got hope from it. If only I had that kind of a mindset where someone tells me something and I understand it in a blink, I would be a successful man today. I had parents always pushing me but wasn't just ready to learn things at all.

Talking about regrets in trading, I think regrets are what keep us in check from making future mistakes. A trader with no regrets and self-discipline is just a gambler who doesn't care about the loss and starts making new strategies after a loss. But also regrets do push us back from making good future decisions so while being upset with a loss don't just lose your mind for a single bad trade.

I use the power of regrets to improve myself, as a trader and generally in life. If I won't regret bad decisions, nothing stops me from making the same mistakes again.

swiftbits

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Quote from: ?? on ??

When we are in red days like this just remember the market always recovers and goes to new ath. Having diamond hands is the best thing you can do in crypto world. Looking at bigger picture always pays off.

Yes, it's expected, we believe in the potential of cryptocurrencies, there are tendencies that we miss opportunities, but it doesn't mean we won't see new opportunities in the future. the growth of the community is exponential, there are better platforms with great protocol to be developed, we might find our gems soon.

Masplanc

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Quote from: QuickAccount on August 30, 2021, 02:03:52 PM

Hey guys! I wanted to compile a post from past and current information given to me by others and advice given to me by others.

If you had cryptos in the past and could have made lots, to kick yourself over it. If you get caught up over what could have been, you will go insane. So focus on the current time. Good luck!

Life is all about up and down. When ever bad times come the only option is to move on and forget all that might have happened. Making references about loss or what might have gone bad can make one not to move forward. Concentrating on bad event or lost in trade can make you lost everything. So keep moving don't look bad to the loss

Twinscoin2017

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Quote from: QuickAccount on August 30, 2021, 02:03:52 PM

Hey guys! I wanted to compile a post from past and current information given to me by others and advice given to me by others.

If you had cryptos in the past and could have made lots, to kick yourself over it. If you get caught up over what could have been, you will go insane. So focus on the current time. Good luck!

We can all have mistakes even expert can have mistakes and loss a huge amount of profit. It is normal to be sad when we loss but we need to stand over it and be more prudent in our trading journey, because not all of the time we will loss if we stand and continue to do trading we can possibly get some earnings than losing.

wahyu wida

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Quote from: ?? on ??

If i had a hand as hard as diamond, i might have a million dollars by now. After this happens, I understand that holders always win is true. Mistakes will be lessons, regrets will haunt, and help us think harder for what decisions will be taken in investing. I'm sure all traders must have experienced it and they will be stronger for the future.

Even professional traders have made mistakes and lost in trading. but he can still survive because he learns from the mistakes he has made to always improve himself. The main factor that can determine the success of a trader is our mentality. investing is not easy sometimes our hearts rebel when holding coins, so there is a panic sell

gabbie2010

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Quote from: palle11 on August 31, 2021, 08:15:27 AM

Well dwelling in the past will not do anybody good. Moving on as quick as s possible despite the bad experience is better than staying down all the year. It is certain that human will have down times and high times but the way we handle it is what matters. In life experience and trade losses, we need to shake it off and work for the future to be better.

Once I took a decision that solved a particular problem at that point in time I have no regret, there are instances when I needed some fiat, I sold my Bitcoin to alleviate some financial problems, I knew how I used to feel when I dwell on that decision taken in that year and what would have been the value of those Bitcoin now, however I don't have any regret now life does on, There are also instances of my involvement in forex trading where I also lost some substantial amount of coins in a bid to earn extra income all has become history, looking towards the future now.

albon

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Trading and investing is a gain and a loss, and we cannot go back to the past to correct the mistakes we made, but we must not repeat these mistakes in the future and learn from them. If you are heartbreaking for the past, you should take a deep breath and look to the future because it holds a lot of good news, life will go on, whether like it or not, we have to keep working and focus on what is coming.

Oilacris

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Quote from: QuickAccount on August 30, 2021, 02:03:52 PM

Hey guys! I wanted to compile a post from past and current information given to me by others and advice given to me by others.

If you had cryptos in the past and could have made lots, to kick yourself over it. If you get caught up over what could have been, you will go insane. So focus on the current time. Good luck!

Regrets is there but we cant really turn back into the past and make everythings right and this is why we should move on and be a better investor or trader or holder since we had already experienced

on what it feels like on missing out opportunity because we had just too impatient on holding into something but there are things which cant really be avoided specially taking profit is the outmost

priority when you do deal with crypto investment because you wouldnt know if it would be having some next pump or would take couple of years for the next one which people do share up
likely the most same impression.

lixer

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Quote from: michellee on September 05, 2021, 02:35:29 AM

Fighting lust will always be difficult as, at the same time, greediness will come and become bigger. Without having control, it is difficult to make a profit as we never see the profit is enough for us because we can search for the profit in the next chance. They can hold for more and try to make 5 times profit from their capital, but that is only if the market has good moves and still increases in the next hours. But the problem is that the crypto market will always move and we do not know if the price will still increase or go down.

It is understandable to not feel enough with the profits that you made, it is understandable because we as humans always want more and more, it is in our nature. The problem is not being greedy and wanting more, it is being greedy and doing stupid things by hurting ourselves or others to make more.

Like for example, who could be mad at Jeff Bezos for starting a company by selling books out of his garage? That sounds like a very noble thing, it is books, he wants to send books to everyone in the world, that's a great dude.

Jeff Bezos trying to break unions and pay as little as possible, giving quotas so high that people to go bathroom while working without going to bathroom, and then getting money from government to cover the difference between their pay and poverty line basically causing taxpayers to cover the difference for Jeff, that guy? That guy is a dickhead. Be the first Jeff Bezos greedy, do not be the last Jeff Bezos level greedy.

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