Topic: Getting up and trying again - page 3. (Read 642 times)

Very often, honestly. I was having that feeling many years ago, I was then thinking about quitting but yeah, we can do nothing if we just easily give up. We have to think also that not all our plans went successful, sometimes we face failure. Many are having this experience, I know.

But if we let this feeling drives us, it means that we just easily accept our failure which I believe was not the nature of being a successful person. Thriving hard makes things change, honestly, there is no easy success in business, and even finding a good job, really comes in a hard way.

Giving up!  sometimes good sometimes bad. If you failed cause you are not working smart/hard then giving up is not a best option. You should prove to everyone that you are strong. but like you said above giving up cause there's other big opportunities to the other side is a good choice we need to be practical if where you can get an opportunity then go there.

Hmm this got me thinking: I think this can be applied if there are other opportunities for you which is better; and you chose to shut every opportunity presented since you are still pushing your current failure.

You are right, though this may be applied in a "case-to-case" basis like you mentioned. But giving up may be the better choice if there are other opportunities presented to you which is relatively better.

There's a phrase that rings 24/7 in my head and it helps me alot to keep focused and continue whatever I'm doing knowing fully well, my turn will come. The phrase is very common but that shouldn't discourage you from believing in it. It goes like this, "there's light at the end of the tunnel", I so much believe in this that I tell myself if I haven't seen that light yet that means the tunnel still hasn't ended so I continue pushing through whatever I'm doing hoping to get to the end and see that light. Why I just told you this is because while others might just see this as another normal post, I don't. People are passing through difficulties in life and aren't getting a break.

Don't expect anybody to Cheer you up, do that yourself. Pick up yourself and go learn. Don't chase after the dollars first, go for the knowledge. Acquired as many as you can get your hands on and when the time is right, everything will fall in place for you that you won't believe the amount of grace you will be receiving. Some will call it luck because of the little effort they now see you putting in and getting great results but only you'll know the amount of time and dedication you have put in previously.

Firstly go get a real job, it's more comfortable investing in bitcoin when funds been used aren't urgent funds for day to day needs but spares that you won't go crazy losing. After securing a job steadily by into Bitcoin first (later you can experiment with alts), and keep learning.

Nah, I'm pretty sure a lot of people around the globe are doing really fine even without cryptocurrencies. You can still easily outperform asset markets in general without investing in cryptocurrencies since most people just end up losing money anyway.

Start with the very basic. Perhaps ask yourself the very fundamental questions like, what is currency, what is cryptography, what is Bitcoin, what is a Bitcoin wallet, and so on. You don't have to master those. Understanding the mere definition of very basic terms is a good start already. What won't go as planned if you are only trying to know the meaning of the most common words in crypto? Don't push yourself to make large strides. Start with baby steps.

The crypto journey does not all run smoothly, sometimes it is also full of failures and we have to accept it. Although it is not easy to accept and learn from failure, we cannot just give up. learn to be responsible for what has been started and face the risks that exist. to start something in the crypto world make sure you are ready and understand and have sufficient knowledge about crypto. if you want to start from altcoins then you can start little by little, there are also many good altcoins to buy and manage. so it's just how we choose crypto and how we manage the assets that  we own.

When I see fall and rise as I see it now in OP, it reminds me of babes, little babies. It's amazing how these clear minds summon up courage to always rise each time they fall in there bid to get there steps to walking just right. Consciously or not, they tend to understand that, they've got to rise and put in more effort until they get it just right.

There shouldn't be much of a difference when it comes to adults. Especially an adult with a need to learn a thing or trade. In this case, cryptocurrency and investing. I tell you, motivations and lots of speeches would make less meaning uo you and instead becomes just empty words of you don't act on them. You've got to retrace your step and correct your errors, see where you took a wrong turn and either make it right or learn from it and your win would be at hand. It gets easier as you go!

Learn to deal with your decision making pattern. Most persons makes decision to invest or trade based on the condition they find themselves at that moment without an understanding of what they are getting involved.

In as much as you would/may be advised to get a well grounded knowledge of how the crypto world works, don't put your hopes into making profits ASAP, cause actually expectation of immediate gratification in any business is what brings disappointments.

so learn to expect failure in most cases and capitalize on those failures. And bear in mind trading is not always a win win game.

We will stuck in a situation like this when we only expected the positive outcome of our decision but wise people have choices for the negative outcome as well so being prepared is the first ever solution to avoid this trap. For example if you are investing $1000 on crypto and expect 50% in a year which is certainly possible but also you have the chances of losing 70% of capital value as well so as an investor you need to hold by that time for that you need to assess your risk appetite.

This is a common mistake made by traders; they don't know when to stop trading and hope for the best; but, there comes a moment where you just have to give up; what brought Bob success may bring Alice disaster. I began trading in 2016 and soon realized I was becoming a liability to myself because I was not progressing at all, so I had to stop completely, no amount of motivation would bring me back. I always know when to halt.


You are right but that chances of making 100x is only possible with altcoins in a short period of time but then again the risk is way too high.

Keep falling and don't learn how to fix what's making you fall, you will remain in the same spot forever 

Let me take trading as an example. Someone learn, trade and lose. Learn the more, trade and lose the more. Months after months become years and the trader continue to lose. Then if such person stop, there should not be anything like learning again and restart, he should just quit and focus on less risky means of earning. I understood you though and you are not wrong but there are sometimes that you just have to quit.

It is like gambling if investing in altcoins which can become shitcoins or dead, it is not gambling if holding bitcoin. One of the main reasons to hold bitcoin is to be an hedge against inflation rather than having fiat in banks, especially in developing and underdeveloped countries, even developed countries are no left out because their local currencies still suffer declination, but even if the price of bitcoin decrease today, let us still expect all-time-high later.

One thing I've seen is that those with unlimited source of income prefer to hodl for longer periods of time than those with limited income; the best method to hodl assets for a long period of time is to forget you ever had them in the first place. Most new users only want to earn passive income.

BTW, James Howell is still seeking for his hard drive, which he threw away in 2013 that contains 7500BTC. Golden hand. Lol.


Edit

It's fine not to invest in cryptocurrencies, but it's wrong not to have cryptocurrency in this day and age. Investing in crypto is similar to gambling in that there are only two possible outcomes: it can make you rich or it can wreck your life.

It's okay OP. Just don't rush and take things easy. You'll get there eventually, there's no race for you to join just to get things know about crypto. Do it a little by little and you get to understand things that you have to gradually. With that feeling analogy that you've expressed, you just need to be motivated and all of us here started from where you are currently. But don't worry if you spend time, you'll see the progress that's about to happen to you while you study cryptocurrencies. And the best start is to buy bitcoin but if you can't for now, go start learning about wallets.

Know the basics of BTC first and learn from your mistakes as time goes on, is there anything in this world that comes easily? Mistakes will happen and its inevitable no matter what we know, That's why we have to keep standing up from every fall its the only way we can achieve our dreams.

Unpopular opinion: sometimes giving up is the answer.

Contrary to popular belief in cryptocurrency communities, you don't necessarily need to be in this industry to succeed in life. What if you're better off investing in traditional markets? What if climbing the corporate ladder is best for you? What if starting a business is the answer?

Immediately after reading op, it occurred to me that I have read something similar. When I saw your reply I smiled. Could it also be a mere coincidence?

Well, op you don't need to give up but you have to carefully reexamine what you have been doing and failing, this time do something different and right. You cannot keep doing same thing same way and expect a different result.

Pause!
Learn!
Restart!

In life nothing good comes easy, it a say and also a reality. I have come to meet so much people in life who have come to make it in life but with a lot of hard work. Some people make it in life without putting in a lot of work, but there are oy few people like that. Hard work definitely pays and also not giving up in what you believe in, it may take time but with prayers and work you will definitely be there. Everything takes time to yield.

It is not just about getting up, it is about learning from your mistakes otherwise if you get up and repeat the same mistake over and over then it is best to quit first time you "fell" otherwise you are just harming yourself.
Those "winners" are the ones who learn, for example when you buy a shitcoin because someone advertised it but they dumped it on you, then you have to learn from this and never repeat it.