Topic: Learn from your mistakes - page 17. (Read 4114 times)
Sometimes learning from your mistake will make you tough to face enough of the obstacles that you are encountering. This is an old saying but for me, the experience is your best teacher, this part will probably give you strength to learn more and surpass your limits. Do not enter into a situation wherein you did not know the consequences that you will be facing, it will be lessen the risk if you will study the market itself.
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.
i agree to your words. i know that a lot of people really doing all the newbie mistakes and that is really not rare. But if all the newbies can learn from their mistakes like what you are talking about. the market can be able to stabilize because a lot of people are smarter.
This is excellent advice because without errors we will never gain experience in the field of crypto currency. This law is valid in all areas of work!
It`s necessary to have basic knowledge, and it`s also necessary to have experience that is built on trials and mistakes!
It`s necessary to have basic knowledge, and it`s also necessary to have experience that is built on trials and mistakes!
Learning is the most important key despite patience in crypto without which one it could be impossible to earn and to grow here like a specialist.
Investment training should be very long and very slow because people need to learn how to invest correctly, people should learn how to properly analyze the project. That's why I talked about the long training.
I made a fatal mistake last week I wanted to get some token on etherdelta I made blunder with the zeros before I could say jack Robinson the order has been picked....beginners error I guess but am wiser now tho
My slip-up was not to purchase an expansive amount of NEO, I purchased a considerable measure of different altcoins, which are then sold one of them was the EOS, I was frustrated in the undertaking, and in seven days it has become firmly, has now chosen to completely trust and not to offer them.
I am very glad that you can share this with us. I think that what you share is very useful to me. It can help me a lot. I think the world of cryptocurrence is very similar to our daily real world. When we make mistakes, we must Lessons learned from mistakes, more frustration, more experience, experience is the best teacher
good or bad experience can be a valuable lesson material to be able to add knowledge in the crypto world. Crypto currencies always provide an interesting experience from either trading or bounty campaigns.
indeed it is very difficult for those of you who are new to the cryptocurrency world, but learning from mistakes can make you succeed on the next trip. indeed we must learn from mistakes so that we do not repeat the same mistakes and can get profit.
Use setbacks to your advantage. Not even the greatest investors in history are immune from making mistakes. Experience is the best teacher. Invest only what you can afford to lose is the cardinal rule in cryptocurrency. Learn from other people’s mistakes. 
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.
Its sucks dude, i also got the same experience like you when i want transfer XLM to an exchange. I forgot the memo too, luckly it's only a small amount. Mistake like that is a bit common though on XLM users, people sometimes forget about the memo. I have a friend that also missed the memo and lost around $1k. Lesson learned though, just keep it remember on your head from now.
Oh, but each exchange platform has a notification that if you won't use correct MEMO, you will lose your funds. When I read this at first time, I transfered only 10 XLM and then made normal transaction.
Yes dude, thank you. It will be necessary to monitor all their actions. I also just started using stellar. You have to be careful
In the future things are been corrected and wrongs were being right, base from your experienced that are things that went wrong, so you are learning the things that are in the right track, especually in bitcoin activities ,follow what are rules and regulations in bitcoin ,so that you will not regret in the future
Yes, it is a good question, but you also can learn from mistakes by other people. There are a lot of books that can help you
At the beginning of the path to earnings, many are mistaken. Negative experience is also an experience. We will be grateful to people who share their mistakes in order to warn us of the danger. Thanks to them, we make fewer mistakes on our way.
Having experienced many difficulties and incidents since entering the cryptocurrency market, I realize that I have too many perspectives such as persistence and excessive self-confidence, in addition illusion of a bright future for my investment
Have lost a lot of money with really careless investing and just wanting to make a quick profit. If you spot an easy way to make profit DOUBLE CHECK it! I mean it.
If the price is some satoshis count the zeros precisely!
Be careful with DAPPs - often times these are really cool and easy ways to make some easy money but people look mistakes in the DAPP contract codes to somehow steal the ETH invested in it.
If the price is some satoshis count the zeros precisely!
Be careful with DAPPs - often times these are really cool and easy ways to make some easy money but people look mistakes in the DAPP contract codes to somehow steal the ETH invested in it.
This is more than a word for the wise, thank you for sharing this experience. It enough to learn from.
I have also learnt from some mistakes too. Like when I never new that bitcoin rises and falls.I sold my token when it was so low and it really pained me.
I have also learnt from some mistakes too. Like when I never new that bitcoin rises and falls.I sold my token when it was so low and it really pained me.
Jump to: