I ever bought hype coins, they are ASS coin (Australian Safe Shepherd), PIG (Pig Finance), and SHIB (Shiba Inu). Till now, the prices of these coins are continuing to decrease more, I have lost my money there. But I keep holding because I think it is a better option than selling it with a huge loss. In my opinion, it is better to lose all money there than to sell them now. I don't know they can increase again their values or not, but I am optimistic to keep holding.
Topic: How to understand that you are making a mistake? - page 2. (Read 804 times)
Sometimes, we don't realize that we make some mistakes before we lose something. Commonly, we will feel that it is my mistake after losing our money or coins (in this crypto world relation).
And we will think several times about what mistakes we have done, in what strategy, and also decisions we took that lead to the loss.
And after we realized what mistakes, everything has changed and we are late to repair it. And then, the mistakes will only be an experience that will teach us not to do the same mistakes in the future.
Our mistakes may be various:
- Being panic buy or sell
- Following hype without any analysis further
- Beings cammed by fake investment or trading profit services
- Being scammed by certain platforms
- Careless of the private keys and other important data
and many others.
And we will think several times about what mistakes we have done, in what strategy, and also decisions we took that lead to the loss.
And after we realized what mistakes, everything has changed and we are late to repair it. And then, the mistakes will only be an experience that will teach us not to do the same mistakes in the future.
Our mistakes may be various:
- Being panic buy or sell
- Following hype without any analysis further
- Beings cammed by fake investment or trading profit services
- Being scammed by certain platforms
- Careless of the private keys and other important data
and many others.
Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
Share your stories.
Almost everyone has experienced problems, especially those related to the crypto world, be it trading or otherwise, if you make a mistake in buying some junk coins, it's a sign that the analysis you made is not right, so the purchase is meaningless at all, it requires careful analysis. carefully and from every purchase you make.
This is more likely showing someone's greed. But we have nothing to do with it because its their money that are at stake. The only thing that we should consider first is we know already that the certain coin is definitely no good for long term holding but still some invested it and come out profitable at first and eventually lose in the end.
Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
We do make out these kind of actions since we do believe on the probabilities or chances on where those shitcoins can possibly give and once it do able to make some pump then it does signifies Share your stories.
that you are making out big money or profits on that and this is what we do believe on and been hoping for thats why we do really push up things even we do know that it is risky or we had already
failed wayback but since those hope havent go away then those perceptions will really be giving out some dedication for you to push through even you do know the risk.
Almost everyone has experienced problems, especially those related to the crypto world, be it trading or otherwise, if you make a mistake in buying some junk coins, it's a sign that the analysis you made is not right, so the purchase is meaningless at all, it requires careful analysis. carefully and from every purchase you make.
It's actually very easy to mark coins to buy during corrections and also during bullruns, because apart from choosing the best in terms of ranking, everyone can also see which coins are being developed by the team to get great attention from all investors, for example HEX, and SOL, so both are also very good to buy although the ratings are still not as good as BNB and ETH
Yeah, actually I had an example for this one time. Meme coins were really popular some time ago and you remember it I guess. Then, I decided to make an investment into one of these meme coins but didn't invest too much money into it. After some time, its price went up really high and there was a great opportunity to sell my coins at that point. But greed took the control of me all of a sudden and I kept waiting for more profit. 
I knew that I was doing wrong but still continued. And some time later, the price started going down sharply that I barely saved a little profit.
I knew that I was doing wrong but still continued. And some time later, the price started going down sharply that I barely saved a little profit. 
Better compare the results in both strategy or situation and be sure you are doing it right before getting REKT. If the whole market is going down, there is no need to check any kind of technical indicators because everything shows us to join bear trend.
Yes, I have experienced such a situation where I am optimistic that the coins I hold will make a big profit.
And it turned out that the coin did not develop and as a result I suffered a loss.
That's a valuable lesson for me going forward. That prediction could have missed even though we've been trying to research it seriously.
And it turned out that the coin did not develop and as a result I suffered a loss.
That's a valuable lesson for me going forward. That prediction could have missed even though we've been trying to research it seriously.
if you invest for the short term or a certain term then you must be really ready to accept every decision or every consequence you take. for example you invest in coin A and get a profit of 40%-50% then you immediately leave after getting that profit. It is not recommended to be greedy, besides that never increase the number of coins you invest when the price has gone up. this can make you lose everything when suddenly a market correction occurs.
Maybe this article will help you, I learned a lot after reading it. Here are the 5 biggest and most frequent mistakes and immediately there are tips on how to avoid them. https://blockster.com/blockdesk/1140_5-biggest-crypto-trading-mistakes-how-to-avoid-them
I won't make the same mistake over and over again.
if I've made a mistake once, why do I have to do it again ?,
I will leave it, maybe because of the current hype like meme coin and Shitcoin many people invest various coins but get nothing. don't have high expectations with these coins.
if I've made a mistake once, why do I have to do it again ?,
I will leave it, maybe because of the current hype like meme coin and Shitcoin many people invest various coins but get nothing. don't have high expectations with these coins.
Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
This is like going against your own mind, if your mind is telling you that you are doing something wrong you need to believe and if you still keep doing it them greed have taken over you, shitcoins will always be shitcoins but it's normal to feel like you are missing out when others are cashing out, it's not just good for your mental health is all so stop it. Share your stories.
Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
Share your stories.
We have different experience and stories in crypto some time gaining or in other side loosing. Realtalk, we can predict the coin we going through on that if we make profit or nothing. Here in crypto actually, no matter how we review it perfectly but in depend on market situation no matter how hype the coin your investing but its always possible to turn it into shitcoin or if lucky then the profit is all yours in the end of the day.
All this is because of greed. There are many things people think that if they continue to make considerable profits, people will always rely on their own ideas, without the basis of analysis, only rely on ideas, wrongly believe in others, and not analyze the market.
I always say, pain is the best teacher. If you adopt an investment strategy and it cause you so much financial pain, then you would immediately know that the strategy is not for you. I invested in ICO only once and I was scammed. I felt so much pain and I immediately knew ICO investment wasn't for me.
Testing every strategy by facing loss can be costly and I would rather prefer to deploy my strategies on a demo account than to lose my bankroll bit by bit and by the time I am ready to trade, I don't have capital.This thread is about making a mistake while knowing it. For example, some people did short selling of Bitcoins when the price was around $30k and now they are regretting it. It was a mistake that one should have never made because how in the world can you imagine the price will keep going down after such a bear run.
Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
Share your stories.
Many incidents like this occur in bouty projects, people predict that the token or coin can provide a good selling value in the future, but what happens is that the coin or token is priceless/garbage.
But if we make a purchase of a coin that ends up being trash, it comes back to us in conducting a study or analysis of the coin before making a purchase, if we analyze the coin incorrectly, then the decision to buy will not give any meaning and even the coin will be trash for us to save.
It was happened to me often, and i still try to make some of shit coins sold with some profit, it was my own mistakes to buy when its hipe, and i dont have much time to see how is going. The shit coin only fit for buy and sell it quick, not to hold for long term. Thats what i thought based on my experience so far.
The best way to know if you have made a mistake or nothing by analyzing the coin that you invested in and judging if it has met your goals for investing in the first place. If you are buying to make short term gains, analyze based on the benchmark for short term gains but if you buy your cryptocurrencies with the hope of long term investments then you have to analyze based on the goals that you have set as well for long term investments. And sometimes a mistake isn't really a mistake its just that the market situation is not favorable at that moment in time.
Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
I do have few experiences with the same result, buying shitcoins is too risky yet many are still hoping to get an easy profit in short term and that includes me though I don’t have regrets on doing this because I have a specific budget for this one and I don’t buy all the shitcoins just a new one with a good hype. If you can’t take the risk, don’t do it and just buy the good one.Share your stories.
Still, we should always trust those reliable coins that have high potentials to grow in the future and those that are mostly trusted by all investors. Bitcoin and ethereum are always its good examples and even with some high potential altcoins that has good performance in the crypto market.
Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
I do have few experiences with the same result, buying shitcoins is too risky yet many are still hoping to get an easy profit in short term and that includes me though I don’t have regrets on doing this because I have a specific budget for this one and I don’t buy all the shitcoins just a new one with a good hype. If you can’t take the risk, don’t do it and just buy the good one. Share your stories.
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