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Topic: Experience is the best teacher - page 4. (Read 910 times)

newbie
Activity: 251
Merit: 0
October 04, 2018, 04:06:39 PM
I agreed with you opinon but I believed its better to learn from other peoples experience here in the crypto world than experiencing the bad side your self to avoid regret and stories that touches. Thats why am always open for correction due to the fact that I have come to realized that crypto is 100% risk and you take the responsibility of any mistake you made.
hero member
Activity: 1190
Merit: 541
October 04, 2018, 03:14:27 PM
If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.
I wholeheartedly agree. You can tell someone to do something or not do something for a long time repetitively yet without actually doing and seeing the consequences they will never know why. You need to actually live and experience something actually know what you can actually do or don't and know why and why not.

You can read about surgery all you want and people can talk about surgery all they want to you and you can know everything you need to know about it but that won't make you a surgeon, you need to actually practice it to know it. Experience makes you who you really are, you the person reading this is a way different person than who you were 10 years ago.
jr. member
Activity: 238
Merit: 1
October 04, 2018, 11:20:32 AM
From my own experience I will say that the best study for an investor is his own experience. Understanding what the loss comes from is the main lesson. If you learn not to lose, then sooner or later the profit on the balance will increase.
jr. member
Activity: 252
Merit: 1
October 04, 2018, 07:22:34 AM
If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.

also come with pricey tuition fee.
member
Activity: 392
Merit: 14
October 04, 2018, 06:47:52 AM
Experience is definitely the best teacher, and I totally agree with this statement. It is especially suitable for the field of cryptocurrency, because everything here needs to be analyzed by itself, so experience is crucial here.
copper member
Activity: 196
Merit: 0
October 04, 2018, 06:25:49 AM
Experience is definitely a good teacher, and mistakes can teach a lot. If you make the right conclusions. Without experience in any field you will be very difficult. You do not need to give up and go to your goal.
full member
Activity: 462
Merit: 103
October 04, 2018, 06:20:34 AM
Yes, of course there is some truth in this. After all, an experienced investor knows when it is necessary to enter the market and when it is necessary to exit from it, thereby taking profits and not losses. Those who are engaged in trading in the usual sphere for a long time or financial pyramids know how to act correctly in a given situation. After all, he has the experience that he received from his mistakes in the past.
jr. member
Activity: 154
Merit: 4
October 04, 2018, 06:07:22 AM
If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.
Learning from mistaken again and again and not doing the same mistaken is the processing "Experience is the best teacher" ... Before that process u must have knowledge ... Without knowledge u can't learning from mistaken u have Made ....Life is for fix mistaken that we have made....
jr. member
Activity: 182
Merit: 1
October 04, 2018, 05:44:06 AM
That's true but not all.I think,Bad experience is the best teacher.People learn better from bad experiences,In this market,You have a single mistake.After mistake,You don't repeat the same mistake.I hope,You make the least mistake.
sr. member
Activity: 728
Merit: 250
Look ARROUND!
October 04, 2018, 05:42:26 AM
If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.
Fully agree with you. The gained experience helps a lot in the future, but if you want to become successful and make a profit, you need to constantly develop and improve your skills and knowledge.
full member
Activity: 434
Merit: 102
October 04, 2018, 05:37:48 AM
I strongly agree with this statement. because indeed we will of course be easier in taking a lesson from a mistake. so then we know where we went wrong gap. and finally we will be more vigilant.
That mistake you’re going to make there are people who already made that mistake and they already state out ways that we that are getting in new will be able to avoid those same mistakes too, or maybe to be able to reduce the impact of those experiences. All you have to do is take out your time and learn what those people did at that moment and also learn how they were able to avoid those same mistakes from repeating itself. You shouldn’t wait till it happens to you before you start looking for ways to avoid it.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
October 04, 2018, 04:55:39 AM
I couldn't agree more. I have been in crypto space for 1 year now and I don't know 10% of it. I'm learning everyday and trying to read all the important news, at least on the surface.

  This is maybe true on the Skill you learned, But market investment is different far more different, it involved a lot of thing, market preview, status, market fundamentals of one specific coins,how the market behavior as posted, level of confidence of market investors, all of this indicators are not born thru experience, it is technical.
full member
Activity: 672
Merit: 109
October 04, 2018, 04:49:07 AM
Yeah, Much depends on experience. Firstly I listened to "crypto experts" and made many mistakes, now I have experience which helps me to make a right decision.
member
Activity: 322
Merit: 10
October 04, 2018, 02:41:59 AM
I've also learned from that words. caused we need to learn on everything that we have to do. if we don't then we can't maximize the result on anything we do, and one of the way to learn would be from experience, good or bad.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
October 04, 2018, 02:16:30 AM
This is very true but you see some people in the space acting as if abnormally they you question their level of knowledge of the space, I was a victim of Decloud ICO scam so I learnt then that you do not invest in any project where the Main developers are anonymous and can't trace they when they disappear also I started out with HashOcean mining program and ended up losing alot then that was when I understand that online mining is a ponzi and won't work
hero member
Activity: 1540
Merit: 508
October 04, 2018, 02:06:29 AM
If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.
you are right. that is the reason why newbie in trading should practice with a small balance in first month, they will learn manythings
full member
Activity: 392
Merit: 100
October 04, 2018, 02:04:42 AM
Yes, if we are beginners here in cryptocurrancy, we may experience so many failures, everything we do, but if we have the best teachers. You can fully analyze the market. Therefore, we learn from other people's experiences.
legendary
Activity: 1204
Merit: 1028
October 04, 2018, 01:55:01 AM
If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.
You’re right about it, experience is the best teacher but it will be best for you to learn from the experience of others than to experience the same thing yourself. Sometimes experience is not just the best teacher, it can take someone’s life or take away their joy or make them go bankrupt lol.

So pray it doesn’t come to you, you’d better learn from other people’s experience. Just like in trading, there are people who don’t know that they are supposed to setup their stop loss until they start experiencing huge losses. But if you took out time to know that, you won’t experience such.
newbie
Activity: 168
Merit: 0
October 03, 2018, 10:43:15 AM
i agree with you, Experience is the best teacher. As you grow along the road you will accumulate experience. In cryptocurrency having a experience is a must. In this market experience makes you stand strong and from this bearish market a lot the community learn how bear market break us down but at the end of the day we experience it and that makes us strong.
member
Activity: 560
Merit: 13
October 03, 2018, 10:41:59 AM
yeah its very much true that what experience can teach you no other can do. even i make good profit at the initial stage of my investment but i become greedy and wanted more and more. but in 2018 when market collapse then suddenly those coin came down and suddenly disappear. many other coin where i invest blindly those coin never listed on any exchange and gone one by one. so whatever you have always take a piece of profit from that

I don't know what experience you are talking about, it's very simple here in cryptocurrency that is patience prevails. Smart work and knowledge plays a big role here you need to be aware of market condition and you need to bend yourself accordingly.
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