Topic: Learn from your mistakes - page 10. (Read 4114 times)
That statement is very true and meaningful. Every mistake I draw experience and not relapse again. Only then can you progress
Every day look in your portfolio - learn from their mistakes)
Every day studying its history transactions - learn from the mistakes.
And many, many, many more.
Every day studying its history transactions - learn from the mistakes.
And many, many, many more.
We learn everyday of our lives and its part of living but its funny how people still do not learn from their mistakes no matter how it hurts learnt alot from your story and i hope others will do same thanks
Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.
I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.
Thanks for your audience.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.
I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.
Thanks for your audience.
Well experience in the best method of teaching but do not blame your self of what was happening during exchange , though many exchange are having a difficult to understand the steps in trading , that's why you've got a mistakes
Learning from your mistakes isn't about changing what you taught is right, but improving of what you taught is just.
the journey to be successful will not always be fun, surely we have made mistakes and failed, but we must remain optimistic and make these mistakes or failures as lessons so we can be better
Thank you for sharing the experience here, I will sometimes not follow the latest news about coins that I am holding and the result is that I lose XLM exactly as you have experienced. Fortunately, the nominal is not much, so I don't need to worry.
Everyone makes mistakes, but it is a very good quality to find out why and to learn from mistakes. This will make us stronger, thank you for your tips!
We can avoid making the same mistake. for people which can learn from the mistakes, they will get something benefits which they will grow more than before and he can be able to make his profit again. Maybe he can recover his loss but one thing that he should know that he will have more skills than the other people because he can learn from the mistake.
I think its just really common sense to learn from your mistakes to learn, but you dont have to learn all the mistakes from yourself. Education and learning from reading from others mistakes too can be a very helpful way to avoid it in the future.
It is nature or common for a people who use crypto to have mistakes in his/her trading and investments activities here in crypto industry. Most of us are lossing some funds because of those mistakes but don't be discouraged on ourselves, those mistakes will be a lesson for us not to do those mistakes again, don't be afraid on taking risks in order for us to be successful as a crypto trader or investor.
Only their mistakes can bring to the person the benefit, after all from another's mistakes to the person it is not enough sense.
Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.
I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.
Thanks for your audience.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.
I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.
Thanks for your audience.
is memo a requirement every time xlm transaction is generated? sad to hear that story. i also committed many mistakes in crypto currency.
- listening to fud and following
- easily fell victim to scammers who offers too good to be true deals
- being greedy. not cashing out, always hodling
i learned my lessons the hard way, hoping i will remember all and not commit the same mistake again.
doing wrong is human. I've also made mistakes like you, but in terms of transferring ETH via MEW, it's because I don't have a mentor in the crypto world. fortunately at that time ETH was not so expensive so it felt lucky. and from that mistake I learned to get used to reading / watching tutorials / asking those who were experienced before acting, with hope there was no second mistake. 
i try to learn from my mistakes, but what I like more is learn from other people mistakes.
I analyze their experience and try to avoid same actions if they cause to loss or time wasting.
I analyze their experience and try to avoid same actions if they cause to loss or time wasting.
I agree that you have to learn from your mistake to prevent more mistake in the future. I also made several mistake in my early crypto days like sending to the wrong deposit adress, almost lose my private key, made several bad trades but i learnerd from that mistakes and right now i am quite good in crypto.
Mistake is part of life the ability to take correction matters a lot its better to learn from someones mistake than waiting to experience it your self I believe this topic will help me in particular as I will be very care in everything I do here in the crypto world .
It sometimes be hard for many even though you are in crypto for years, it is important to take lessons from everything. That is only way to gain something against the loss.
I agree mate.In crypto we have many trials and upset to face especailly when we got scammed but the importans is we know our doing for the second planned to take.
Yes in life mistakes are inevitable we make mistakes almost on a daily basis but that's is not wrong where the error comes in is when we do not learn from our mistakes and try not to repeat it again
It is a pity that in the world few people can learn from other people's mistakes. I'm one of them. When I started investing, I lost about $ 3000. In the foreground, I am very attentive and careful with investments. The main thing is not to give up and make useful out of mistakes.
If you are an investor you are going to make mistakes, there is not an investor that doesn't make mistakes once in a while, the real question is what do you do with those mistakes? And many people never learn anything from them, but if you do, then you are going to have a great advantage because you'll never make the same mistake again and in this market every mistake that you avoid making puts more money in your pocket. Jump to: