Making a decision despite consciously realizing that you are making a mistake is actually emotional trading more than anything else and sometimes frustrated trading. A gambler who loses his bankroll will throw away the remaining small amount in frustration on high odds despite knowing that it won't work for him.
If you are actually executing a trade and you have the slightest feeling of making a potential mistake, then stop and think about it once. The key difference between trader and gambler is that a trader always has a reason to make a trade while a gambler doesn't. So make sure if you are executing any trade, you have a solid reason for it.
Topic: How to understand that you are making a mistake? - page 3. (Read 804 times)
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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.
The mistakes we make are inseparable from the way we think about things, mistakes are usually made on the basis of a lack of knowledge of something we want to do, we need to change this slowly so that we don't repeat these mistakes.
Moreover, buying a coin that basically we know they are sampa, but we continue to insist on buying it, with the consideration that in the future the coin has a good profit value. This pattern must be immediately abandoned, if we do not want to experience losses.
Yes i did two , three time. I got signal from Telegram group and i couldn't buy at a time due to network problem. After submitting multiple time transaction completed but price wa increased 2x and in 5 minutes i lose 500$.
I've actually done something before that matches this definition. I made some investment into meme coins just to try my luck. In a short term, I made some good profit and sold them. After that, I still kept having some money in these coins. But this time, most of them crashed and I made an important amount of loss. But in total, I'm still in profit a little. 
So, I say that fortunately I made those investments.
Meme coins are definitely not for long term investment because if you do, you will fall into a huge loss. It's only good for short term like you do and now, you're even making profits than losses. So, I say that fortunately I made those investments.But i must say, if you come up with a single mistake in your life, don't try to do it again because it will even cause you more damages more than what you expected. Invest in bitcoin and ethereum and for sure, you will never be in great losses but more of maximizing profits.
My mistake, and it keep happening maybe until now is don't really know when to sell tokens/coins that i get from airdrop or bought. Sometimes, some of friend who holding it said "hold till dust" and mostly the tokens really be dust because we know some project in past is already be dead project. But not all, sometimes they are success and still survived in market until now.
dont expect too much with your assets no matter that come from airdrop program or bounty, when we got worthed value better to sold it immediately . We don't know its price will soar again or maybe dumped, sometime we make high expectation but fact said otherI've actually done something before that matches this definition. I made some investment into meme coins just to try my luck. In a short term, I made some good profit and sold them. After that, I still kept having some money in these coins. But this time, most of them crashed and I made an important amount of loss. But in total, I'm still in profit a little. So, I say that fortunately I made those investments.
it is why we should not be greedy , always take profit in every transaction and never let it go without set seatbelt to prevent dump. So, I say that fortunately I made those investments.
I've actually done something before that matches this definition. I made some investment into meme coins just to try my luck. In a short term, I made some good profit and sold them. After that, I still kept having some money in these coins. But this time, most of them crashed and I made an important amount of loss. But in total, I'm still in profit a little. So, I say that fortunately I made those investments.
So, I say that fortunately I made those investments. 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.
Op you know the saying "keep doing the wrong thing until it turns out right". Well that doesn't apply to crypto trading. If you made a bad trade, I suggest you cut your losses and close the trade before it gets any worse. I can name a lot of shit coins I bought over the years that dumped after my buy order...broke my heart. Share your stories.
If so, I often experience it, but even if bullshit happens often, we shouldn't be discouraged from moving on to another project so we can't blame the project, so the point is that we have to be consistent with the work we're working on, it's good, but in order to fail, we have to try until we get there. achieved target
Sometimes you'll only realize the mistakes you committed once there's already an outcome, thats why regrets are always in the end.
When I was still a newbie I had many experience of being victimized of scam investments for believing of their too good to be true offer, not knowing its just a lure to scam people.
I just think of it as part of the process and one of the reason to become a better version of myself and careful not to commit the same mistakes again.
When I was still a newbie I had many experience of being victimized of scam investments for believing of their too good to be true offer, not knowing its just a lure to scam people.
I just think of it as part of the process and one of the reason to become a better version of myself and careful not to commit the same mistakes again.
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 had such experience when mostly new projects always explode in the market at first start up. And my biggest mistake is that I'll keep holding and assuming it will last and i can make massive profits from it, but the results always end up losing money. And it happened to me twice .. So i prefer shorterm always after that wherein 2-3 project for a month or less depends the situation of every token. Until now for me its still the best way to avoid losses Share your stories.
Never experienced it. Because I do not directly, but try to observe how the market activity. Because if I buy it right away and I don't know much about it, I'm sure I'll suffer a loss. I hope I continue to do things like that.
It's better to know before doing anything especially in terms of buying because playing in the market there must always be good and mature knowledge because there are many risks that must be understood before acting.
Almost users of the defi project must have felt this way, but yes, that's how shitcoin is when I hold it, the price continues to decrease but when I sell it the price increases many times. this is indeed strange it seems luck is getting away from me and as if telling me to stop playing shitcoin.
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.
in the past I used to always imagine buying "penny value coins" and imagine this coin will had 10000x in the future and most of coin i choice ending up being delisted because no one was buying anymore. eventually the assets are completely lost. and this has been a lesson. I never ever bought any more altcoins other than the top 10 on cmc since then.
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.
For those that will invest in an obvious shitcoin and still know that it will collapse in the new future and still refuse to dump when they have made some profits from it, then that is their problem. I believe some investors can go that route to invest in shitcoin because they believe that they can make profits from it in a short time which probably they do but hodling it for the long term is senseless. Share your stories.
It's almost everyone that have experienced this. I once invested in shit coin hoping for short term gain only for me to lose a larger part of my money.
Dude, investing in the shitcoin similar like betting into the coin that doesn't have fundamental value. that being said that if you were expecting a short term profit from the shitcoin but when you are joining in the wrong time and then you will be getting a big lose from there. These days people are always trying to catch shitcoin before it was mooning but this is a high risk decision by them
if you don't have enough skills, I don't think you should risk your money for something that is a big risk.
It's almost everyone that have experienced this. I once invested in shit coin hoping for short term gain only for me to lose a larger part of my money.
Dude, investing in the shitcoin similar like betting into the coin that doesn't have fundamental value. that being said that if you were expecting a short term profit from the shitcoin but when you are joining in the wrong time and then you will be getting a big lose from there. These days people are always trying to catch shitcoin before it was mooning but this is a high risk decision by them
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.
Recently I got through a different situation. Some ERC-20 tokens were unlisted from the top exchange because of their volume. Although those altcoins were being traded on Binance and Kucoin. We should believe any exchange support altcoins. Projects types are the main factor. Now I really don't know what to do with those altcoins because the withdraw cost is so high even though sometimes I think I make the same mistake. 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.
The temptation to make a profit is very strong, that you cannot turn around and ignore these coins to me and for so many of us, there are so many meme coins that are hard to ignore because it's pumping hard and you don't want to miss because of FOMO, you want to be part of the train because you are tired of waiting for coins with good potential to pump up, so we take the risk hoping that you can get out in time.
Maybe sometimes we got bored of waiting but to know what, shitcoins are hopeless, we never think that it gives us a profit no matter how long we wait.
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.
The temptation to make a profit is very strong, that you cannot turn around and ignore these coins to me and for so many of us, there are so many meme coins that are hard to ignore because it's pumping hard and you don't want to miss because of FOMO, you want to be part of the train because you are tired of waiting for coins with good potential to pump up, so we take the risk hoping that you can get out in time.
I've experienced that and it makes me feel disappointed. It's not an easy thing to invest in coins that we believe in because if you can't choose a good coin then it will be detrimental. At that time I was too hasty in investing in the altcoins I believed in and I expected the price to be high. I keep holding it and believe that the price will go up, some of the increases I even passed and still believe that the price can go higher than that. But not everything went well, and I felt like a failure in investing in altcoins. From that I learned that don't be in a hurry to want big profits if we ourselves can't handle and choose the good coins to invest.
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