Topic: Let fear to lose be motivation to learn (Read 1363 times)

Cryptocurrency is not for everyone, you and I know that. We apply caution in our activities because we're just humans and don't have a clue of what incident could happen next either in our favor or not. We can only become happy when our trades are picking the best spot of the bull season, generally talking about the consistent upward movement of the market. Fear gripped those investors that have taken upon themselves to enter the race without plans, not guidelines but pressuring for solid results.

If you getting for all of your decisions seems like you are not quite ready for that thing. Into investment, or crypto itself you cannot earn here with only your guess it's all about the analytics and tactics. The journey here doesn't stop once you know one thing you need to explore more because there's a lot of opportunity. Keep learning, grow your skills, manage the risk and if you lose its part of it. Not all the time we are winner in the market. Look forward to your goal and always make a roadmap or path so if you think your decision doesn't suitable at all back on it.

Everyone fears and commit mistakes at first, the reason why we have to learn as much as we can so that we can overcome those fears and mistakes we have done in the beginning. Hence, learning should be our top motivation in order not to fear from losses anymore. And once we started to be inclined about bitcoin and the crypto space, then it will be easier for us to get rid of those fears and losses because knowledge is more powerful than fears as it’s always the very basic foundation in learning.

it is obvious that when you don't have the fear of losing in cryptocurrency investment you will not take a proper precaution to safeguard your cryptocurrency investment that is one of the major reasons we need to learn and the be conscious of our investment in cryptocurrency because so many of us have come here and go empty handed based on the lost their capital and they did not know the routement of the Investment the venture they into, if you don't want to experience losses in cryptocurrency investment especially Bitcoin try to read and understand the more concept of it Before you go into it many people today who is into bitcoin investment and since they ventured into crypcurrency investment especially Bitcoin there have not experienced a mega loss it is because there have a scrutinise the environment of Bitcoin and the examine it very well before then go into the investment.

Fear is a normal thing when it comes with losses and wins, that is why you have to scrutinize what ever platform you would want to invest in. As technology advances it advances in both the positive and negative aspects of life, so you should invest in platforms with integrity and reviews, and you should make your own researches on your own too to get that self satisfaction.

 I trust in that way you will learn your mistakes and try not be a defaulter of the same mistake, this is why sometimes doing mistake is some what good because it will make improve. When you make mistakes you don’t just wallow in the your mistake, and wail away your time in defeat and self pity. There’s a common ground that a successful futures trader has been liquidated about 2 to 3 times, some people even still lose millions of dollars in a single trade. So you see even successful traders even make mistakes, no one is above mistake that you should. We just need to keep a right mentality and be consistent, you already made a good point talking about keeping up the level of consistency.
   Well it could be said that your first fear you overcome is actually the hardest. After you concequer your first fear you get a sense of joy & peace. Most the time you even look back & realize how silly you were to fear it. But yeah fear is a good thing. It's literally an illusion of the mind. We put limits on ourselves which causes us to “fear" but it's only in our mind. Fear can be overcome & when we overcome by facing your fears. Some people skydive to face their fears & that get adrenaline rush. If people can put their life at risk just to face their fears then what does it take you to be restrained. We keep trying till we finally get it right, that’s been the code for me.

In this contest, my major fear in this industry is loses that is because I believe I don't have enough so losing shouldn't be an option. this has made me make better decisions, since I know that Altcoins can be very profitable if gambled with. I fear such loses which have fueled my decisions on Bitcoin.

Perhaps if we direct our fear in a good way we will end up benefiting from it instead of Lossing. but one thing is certain every thing that has a good also has a bad. fear can hinder your decision making if you let it get over you, there are some steps in life that one need to take but when fear comes we tend to run behind the fear than stand against it and make decision.

whenever one feels fear it should be converted to motivation immediately, you could say to yourself, since I'm afraid I will do it regardless then you will find yourself succeeding.

Fear has really cost a lot of people to lose out on opportunities, aside from fear of being scammed, some people also fear of missing out. They FOMO on some potential opportunities, because of lack of information same thing we all have been saying. To succeed in your crypto journey one need to gain the necessary information required. Invest in your self and try and be better at what you’re doing. Rather than waiting on some information from someone who is not even sure of himself. I’m not saying that you shouldn’t ask of  help from people that are doing better than you in the field, the best advice is the one you give to your self. Same implies here, it is better you keep enlighten yourself so as to start making market calls and analysis yourself, so that even when you lose or you go wrong you can make corrections too.
 Having a fear of missing out (FOMO) can have a significant impact on financial decisions. FOMO can lead individuals to make impulsive or irrational choices that may not align with their long-term financial goals. FOMO can influence investment decisions, causing individuals to invest in assets or markets solely because they fear missing out on potential gains. This can lead to a herd mentality, where people follow the crowd without thoroughly evaluating the investment's fundamentals or risks. Such behavior can result in poor investment choices and losses if the trend reverses. To overcome the negative impact of FOMO on financial decisions, it's important to cultivate self-awareness, develop a clear financial plan, and make decisions based on personal goals and risk tolerance rather than external pressures.

To me I think that this is actually a good fear, a  fear that will drive you to knowledge first before venturing into an art is very much important, because most people that have fell as prey to scammers or that decided to venture into trading and lost their fund was as a result of not having knowledge of how to navigate their way safely in the crypto industry, so going for knowledge is paramount if you must succeed in this industry, not just in crypto, anything you want to venture into, it's very important that you seek knowledge first, so that you won't be served breakfast, and eaten up by fraudster.

I totally agree!  Fear can be a real downer in trading, but it can also be a valuable teacher.  Like you said, it can push you to be more cautious and avoid making reckless decisions.  I've definitely had those moments where I talked myself out of a trade because of a gut feeling, only to see it go south later.

You are learning the methodology of cryptocurrency you have to map out time to learn the advantages and the disadvantages of Bitcoin, many people today who venture into lose or loss in Bitcoin investment have not learn the rudimental bitcoin very well before doing anything so therefore I believe that learning is the highest motivation in anything that will let with Bitcoin but I don't know why some of us does not exercise patient to learn whatever thing that come from cryptocurrency especially Bitcoin

In the world of cryptocurrency, fear of taking risks can severely limit your success. In this fast-paced industry, no coin can guarantee an 80% success rate, and predictions are often based on past events rather than certainties about the future. Trading in cryptocurrencies involves significant risk, and embracing this risk is essential if you want to participate successfully. Remember, no one ever achieves a 100% understanding of anything in life, so if you're committed to trading, you must overcome your fear.

Even the most successful investors and traders in the cryptocurrency space started by taking risks. The early adopters of Bitcoin, for example, couldn't be certain that its price would skyrocket as it did. They took a chance, and it paid off. So, it's crucial to recognize that risk is an inherent part of the journey to success in this industry.

Once you've learned the basics and familiarized yourself with the guidelines of cryptocurrency investing, it's time to push past your fears and start investing. No one knows everything, and you can't expect to have all the answers. Instead, focus on what you do know and be prepared to learn and adapt as you go. By embracing risk and taking action, you open yourself up to the potential rewards that the cryptocurrency industry has to offer. So, don't let fear hold you back take the plunge and start your journey in the exciting world of cryptocurrency investment.

Narrating a real incident of my own experience about the thread: My neighbor named Mr. Milton (pseudonym) is 25 years old. In the span of the last two years, his grandfather died of blood cancer and just two months later his grandmother died of a heart attack according to the medical report. His father died in a road accident before he was a month old, and his mother died of grief just nine days later. Now there is no one to accompany him. He was so upset that he could not speak to anyone for two days. But within a few days, he suddenly started doing everything normally, married his wife now childbearing. I called him and asked how he accepted it he said I learned to live from losing everything and learned to rebuild. Learned to accept my fate and learn to shine anew from here.
So I also think the fear of losing in cryptocurrency should be seen as a motivation to move forward and move forward strategically by analyzing the reasons for past mistakes.

In every mistake or loss, there is that invaluable learnings from the experience you learned along the way. Fear is definitely one of those motivational factors that pushes the boundary of winning.

There is this quote that I would like to share- it does not have to be perfect but you need to be consistent. This can be applied in what you just said OP. Consistency in your decision makings on the form of your investment could be the key in unlocking the potentials of cryptocurrencies.

On a personal note, there is also that fear that I experience before. I tried investing into the wrong things (USI TECH PONZI) but I learned lots from that experience that made me a better investor now. As I also reported tons of fake ANNs and projects in the past, that fear of my past is what pushed me to further understand the growth behind all these lessons.

Most persons that have fear to lose as newbies would most likely not even involve in trading at all, cause such fear can actually cripple you and stop from even taking any step at all, I think passion is a better motivation and woudk last more longer and guide any newbie better into learning about trading.


Yeah I think it's better there are well aware of the risk and accept responsibility for it than been afraid casue that would stop them from going far as traders or even investors, fear would only result to them second guessing every decision and could result to indecision.

I think OP would have better said caution, caution is all about carefulness and would better lead to getting knowledge.

OP edit you message and use caution ⚠️.

Though mistake is not supposed to be allowed to occur but it is inevitable, life has made it to be so because no one is God, the ability admits your wrongs as human makes you reasonable and put you on the right track, in crypto their are moves that we consider as wrong move but that shouldn't hinder us from concentrating on the journey, in the really life too mistake happens often and continuously but this period should be a time for a good learner to assimilate some events into his head to avoid reoccurrence, some people give up on their goals because of some silly mistakes filling to know that every good step starts with one mistake or the other.

For a crypto investor or trader fear is a thing that should be eliminated from one of the qualities they possess because fear will be a major drawback to becoming a successful investor or trader. It is good to be conscious of one’s investment and fear not to lose them but fear shouldn’t influence your decision making. With fear you would miss out on certain opportunities to maximize profits so for an investor or trader to be successful he should be able to face his fears.

A trader who doesn’t have any knowledge about trading is just getting himself ready to lose his money and those who fear are still likely to lose their money because no matter how careful you are losing in trading is constant since trading is a 50/50 business but knowledge gives a person more confidence because he will do is take calculated risks and try to minimize the losses.

Sometimes we need to force ourselves to get motivated to keep doing what we help us get to the next stage.
There are somethings we might be doing that we need to ask questions from people that has been in the system for a longer period of time. He that ask questions will not miss their way. It is good when we are always confirming what we are doing so that we don't think we are doing the right thing not knowing it's very wrong. We ought to focus and do things that will contribute to our growth.

If only newbies know the risk associated with cryptocurrency they won't be needing advise before they conduct their own research and learn extensively. I have seen a post here in this forum were a user was complaining on how his friend lost his coin by misplacing his mnemonic seed which he taught was not important. How can someone get into crypto and creat a wallet without knowing the importance of seed phrase. The entire story just tells that the person who lost his coin is either an illiterate or he chose to be ignorant to the importance of mnemonic seed, because as far as I'm concern, if you read about wallet they will definitely explain the importance of seed phrase. So learning is the only way to survive in the world of crypto, those who are able to fish out scams and hacks, it's because of the amount of knowledge they have that prompt them to identify those threats easily.

Sometimes fear of to lose is the best way to go about something,  let's use memecoin for example.  If a new project enters the market some people starts investing in it without knowing about it if it is good for investing. Fear of losing does not mean that one is skeptical of going into something but it really means observation to really know about some thing. Their is nothing bad to observe if something is worth investing in. Many have lose so much money because they failed to observe, through making research how true and reliable the project is.

Fear is always their when one have no idea about something and this is a normally feeling humans exhibit,  because when going into something things that comes into the mind is what if this thing does not work . The fear of losing prepares one to know more about something to reduce the risk to lose.

When fear of lose becomes bad is when their is no observation about something or no research, but just be skeptical then it is bad and having an attitude like this can make one of missing much opportunities.