Topic: Every loss is not a loss. (Read 373 times)
Very few people invest in Bitcon. A number of people speculate on the price of Bitcoin, but most just gamble without doing much research.
Exactly, as a trader you should know how to approach things when it comes to different situation. It might be risky but remember, in this world the risk taker or the bold most likely to achieve their goals.
it is not as simple as that and definitely it has nothing to do with "patience". it all comes down to your understanding of the market. if you know what you are doing then when price goes lower than the price you bought at then you wouldn't consider it as a loss. for instance when you truly analyze bitcoin and find the potential and then buy it at $1000 in 2017 and then price falls to $900 after the rise it had you wouldn't consider it as a "loss" it will be another opportunity to buy more.
but when you gamble instead of analysis and invest in something you have no idea what it is (including bitcoin) then when price falls you will consider it as a loss and holding then is not patience it is called stupidity even if you are holding something like bitcoin that will go up because YOU don't know that since you are gambling not investing.
but when you gamble instead of analysis and invest in something you have no idea what it is (including bitcoin) then when price falls you will consider it as a loss and holding then is not patience it is called stupidity even if you are holding something like bitcoin that will go up because YOU don't know that since you are gambling not investing.
You can do all the analysis and research that is possible but its still gambling because no one can 100 percent predict what will happen in the future. We can increase our odds but there is always a chance of failure. Even the US dollar and stock market can collapse. I've been using this dip to buy cheap coins while others are scared.
On the other hand, you only lose if you sell at a loss. Anyway, I agree with you that this bear market is being an experience for many of us, who entered the market in the bull run. If I got some beautiful money without suffering I could end being some sort of idiot who thinks that deserves it and take it for granted. Now I don't know if I'll get money back ever, but if I do I'll be proud of having suffered for it, and in any case I'll learn a valuable lesson.
yes...in any crypto or in any other field loss id common, loss is the just experience in that work, if you lost first means learn the mistakes from that, rise again with your strong mindset, have confidence know the trading market well and it will leads you to success.
"The desire for more positive experience is itself a negative experience. And, paradoxically, the acceptance of one's negative experience is itself a positive experience."
I wanted to share this quote in order to describe what people should do when they loss in Bitcoin when they invest. Really it's a game of patience and if you are ready to experience negative experience only then you will get the positive experience. It's just that keep trying or don't try at all. It's up to us. Every loss is not a loss after all. It's a experience.
I wanted to share this quote in order to describe what people should do when they loss in Bitcoin when they invest. Really it's a game of patience and if you are ready to experience negative experience only then you will get the positive experience. It's just that keep trying or don't try at all. It's up to us. Every loss is not a loss after all. It's a experience.
It is right "every loss is not a loss after all , It's a experience" and with that experience you become very carefull to made a desicion next time.This is for all the bitcoiners who scam by the others.
With all of those losses that I've for the past years, I'm now applying the lesson that I've learned from it so I have to agree that every loss isn't a loss.
For the beginners a loss is a loss no matter what. But if you are in for long term, you'll see those losses as valuable lessons.
For the beginners a loss is a loss no matter what. But if you are in for long term, you'll see those losses as valuable lessons.
How cool was said about the experience.
I remember how in my 14 years I cried for every lost person, and now, when I am 18 years old, every lost person is a new experience and new sensations.
I remember how in my 14 years I cried for every lost person, and now, when I am 18 years old, every lost person is a new experience and new sensations.
I agree with the aforesaid statement that every loss is not a loss. I have lost my entire capital multiple times in my initial days of trading when I used to trade based on others opinion without doing my own research. However, when I started doing my own research, I failed multiple times and lost some money but at the same time I learned from my mistakes and today the same mistakes are helping me to do the tasks with the improved level of perfection.
You are right people need to see mistakes as a learning experience. Their loss in trading is always common to newbies and it is their fault, buying into the hype without studying on anything will really double the risk of what they are doing. They should take their loss as a wake up call that cryptocurrencies is never an easy money maker for those people who don't know what to do with it. Still a lot of people choose to be bitter and blame it on the cryptocurrencies itself rather than admit that what is happening to them is their fault.
Exactly I mean without studying about it or anything one cannot just get success. It's the requirement of every field. To learn it first and then apply things whatever you read about it.
"The desire for more positive experience is itself a negative experience. And, paradoxically, the acceptance of one's negative experience is itself a positive experience."
I wanted to share this quote in order to describe what people should do when they loss in Bitcoin when they invest. Really it's a game of patience and if you are ready to experience negative experience only then you will get the positive experience. It's just that keep trying or don't try at all. It's up to us. Every loss is not a loss after all. It's a experience.
I wanted to share this quote in order to describe what people should do when they loss in Bitcoin when they invest. Really it's a game of patience and if you are ready to experience negative experience only then you will get the positive experience. It's just that keep trying or don't try at all. It's up to us. Every loss is not a loss after all. It's a experience.
But in the end it is not your experience that counts but it is your attitude count.
What you are calling is "game of patience" is exactly to know "the right time". Knowing the right time is not an easy or simple task. People fail because they fail to identify the right opportunity.
it is not as simple as that and definitely it has nothing to do with "patience". it all comes down to your understanding of the market. if you know what you are doing then when price goes lower than the price you bought at then you wouldn't consider it as a loss. for instance when you truly analyze bitcoin and find the potential and then buy it at $1000 in 2017 and then price falls to $900 after the rise it had you wouldn't consider it as a "loss" it will be another opportunity to buy more.
but when you gamble instead of analysis and invest in something you have no idea what it is (including bitcoin) then when price falls you will consider it as a loss and holding then is not patience it is called stupidity even if you are holding something like bitcoin that will go up because YOU don't know that since you are gambling not investing.
but when you gamble instead of analysis and invest in something you have no idea what it is (including bitcoin) then when price falls you will consider it as a loss and holding then is not patience it is called stupidity even if you are holding something like bitcoin that will go up because YOU don't know that since you are gambling not investing.
I wanted to share this quote in order to describe what people should do when they loss in Bitcoin when they invest.
Its not that easy, each person reacts differently. Loss is a loss, people cope on their own way, you can try to help them, but they know better how to help themselfs often.
This is what I practiced...
Best thing I learned is not to be panicked when the market goes down.
- Hodling
- Cost avaraging
- Buy the dip
- Lock in profits
- Increasing your position
- Cut your losses
- Balancing your portfolio
- Lock your coins away
It is not a loss until you sell. This is very true when your assets are down and in the red zone, but you there's still the possibility to grow and even make profits, as long as you Hodl.
But sometimes it is smarter if we can sell those coins which were at red zone and focus on another coin to recover your losses quickly. It all depends on how much you analize the market and having ability to find out the exact moments for taking a step to sell or Hodling or even moving towards another profitable coin. Best thing I learned is not to be panicked when the market goes down.
You are right people need to see mistakes as a learning experience. Their loss in trading is always common to newbies and it is their fault, buying into the hype without studying on anything will really double the risk of what they are doing. They should take their loss as a wake up call that cryptocurrencies is never an easy money maker for those people who don't know what to do with it. Still a lot of people choose to be bitter and blame it on the cryptocurrencies itself rather than admit that what is happening to them is their fault.
It is just a natural reaction at first that when you lose something, you will blame it on the other side finding fault because you cannot accept that you made a mistake yourself. Eventually, as you get mature you will understand how things work and you will realize what your mistake is and what is the cause of your loss and if you will be able to get over it and learn from it. During that time, you would be able to move forward and in the future, being aware of the risks involved, you would have a strategy to prevent making those mistakes again.
This is correct, many people who are starting in the world of trading, cryptocurrency and the stock market do not have the mental skills necessary to carry out such an activity. And he did not try to say, that a person needs extraordinary psychological skills, they should only be mentalized in the options they have, and in their possible outcomes. A good analysis does not guarantee success, however, many have not yet understood that. We should always hope for the best, but prepare for the worst, considering that the "worst" is no more than a teaching for ourselves. Regards !
It is not a loss until you sell. This is very true when your assets are down and in the red zone, but you there's still the possibility to grow and even make profits, as long as you Hodl.
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It best you postulate a good solution. There are some precautions that needs to be taken to reduce the amount of losses you can get
*trade according to you ability
*start small and rise gradually
*avoid FOMO and FUD
*set a stop loss limit
*never be greedy
*no the value of coins in the market
*diversify your investment
You can research this link for handy information
https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/
When it comes to bitcoin, the best way to avoid all these you stated above is by HODLing. I mean why take the stress in doing or trying to avoid all you stated above when one can just buyin hodl and get rewarded from future gains (ROI) *trade according to you ability
*start small and rise gradually
*avoid FOMO and FUD
*set a stop loss limit
*never be greedy
*no the value of coins in the market
*diversify your investment
You can research this link for handy information
https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/
It best you postulate a good solution. There are some precautions that needs to be taken to reduce the amount of losses you can get
*trade according to you ability
*start small and rise gradually
*avoid FOMO and FUD
*set a stop loss limit
*never be greedy
*no the value of coins in the market
*diversify your investment
You can research this link for handy information
https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/
*trade according to you ability
*start small and rise gradually
*avoid FOMO and FUD
*set a stop loss limit
*never be greedy
*no the value of coins in the market
*diversify your investment
You can research this link for handy information
https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/
You are right people need to see mistakes as a learning experience. Their loss in trading is always common to newbies and it is their fault, buying into the hype without studying on anything will really double the risk of what they are doing. They should take their loss as a wake up call that cryptocurrencies is never an easy money maker for those people who don't know what to do with it. Still a lot of people choose to be bitter and blame it on the cryptocurrencies itself rather than admit that what is happening to them is their fault.
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