Let fear to lose be motivation to learn - page 7.

Viscore

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

I know some of my mates who are into cryptocurrency that phobia to lose but even with the fear to lose they still go ahead to trade. If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.

For those who are still not capable to trade, it's better to fear not to trade so you can avoid inevitable losses. But if you are already in the trading industry, it's always a motivation to be fearful and to risk things like most of the successful traders often do. However, make sure that you know the weight of those risks so you can easily manage and overcome all those risks.

Franctoshi

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

I know some of my mates who are into cryptocurrency that phobia of losing but even with the fear of losing they still go ahead to trade. If beginners allow their fear to motivate them to learn first there won't be drastic loss in trading.

Fear is the biggest enemy of success, you don't because of the heat in the kitchen and avoid cooking. That means you don't want to take risks, no risk no reward. One problem that people have is that they are not willing to learn, though trading is not for everyone but if you find it interesting you must pay the sacrifice, in the sense that you must dedicate a significant amount of time to learning.

I started my trading journey around 2017 but that was not the year I began to understand trading, though I didn't put enough effort until 2019 when I dedicated my time and energy to learning and there came improvement afterwards.

DaNNy001

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Fear sometimes is actually a good guide to decision making because our fear of certain things make us cautious about the possibility of what might actually happen if it all goes wrong. But fear also reduces your chances of making that decision and risk that might possibly blow you up, and I don't know of you actually familiar with the saying that implies "no risk no gain". Fear can limit this part in our life but sometimes too some risk aren't worth trying if you know what I mean.

nakamura12

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You mean you let fesr affect your decision in crypto space?. If you are like that then I think you will miss some opportunities due to being afraid to lose your funds. Having some bad experiences is what makes us learn what to do and make good decisions instead of not trying at all. To be honest, it already happened to me where I am afraid to buy it and later that time, the price did increase and I miss the opportunity to sell for higher price.

ZAINmalik75

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

I know some of my mates who are into cryptocurrency that phobia to lose but even with the fear to lose they still go ahead to trade. If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.

You said well, but newbies will not use their fear to motivate them to learn first, instead, they will try to be more skeptical and will try to learn from as many influencers as they can, they will try to watch trading videos, But I am saying again that they will not try to learn. Because they will be looking at the wrong videos and following the wrong influencers. They must be watching videos that are 5 to 10 minutes long and that would teach them trading, instantly.

They want to learn the trading overnight and end up learning nothing, and by losing more by not learning anything they will start to fear more because they know start to say others that they gave time on learning and learnt a lot but still we made loss.

They will say, crypto trading is gambling, etc. But the education with practical is what they should do and they should start to ignore videos that are 5 to 10 minutes long and they should start to follow influencers that are not only the ones having blue tick, while judge them with their past posts and history of their trades etc.

Alpha Marine

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Fear is an emotion that can be useful to us but we have to be careful or else it will make us docile.
That's why it's best to invest what you can afford to lose. It's good to be scared but it doesn't mean you'll let that fear make decisions for you. Try to be rational and analytical. Fear shouldn't rule you instead it should be a reminder that you need to be careful.

Quote from: Mia Chloe on September 29, 2023, 07:14:29 AM

So are you trying to say fear is your drive in the crypto space?

OP never said fear is what drives him in crypto. He's only saying fear makes him cautious. Fear makes him take his time in whatever he does and to him it has made him make the best decisions.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

Fear sometimes can trigger the hidden grief in you, causing you to become more nervous than you should be ... Especially when you're not well schooled in the whole thing; Trading isn't something anyone should just wake up, relying on the tips from senseless and ADs promoting YouTubers... you'll eventually lose all your money!!
Some other times, to be free, you'd need to overcome your fear.

Sandra 🧑‍🦰

Spaceman1000$

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

I know some of my mates who are into cryptocurrency that phobia to lose but even with the fear to lose they still go ahead to trade. If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.

You don't need to be afraid of losing your money in trading, because it will surely happen, I remember my first time in Forex trading, I burnt my fingers, my coach then, told me it's very Ok, but it wasn't a large sum, it was just little as a beginner.

As first time trader, you just need to start with a little amount so you can know those mistakes you've made and learn how to avoid it.
Don't be too afraid, there is always victory at the other side of fair, fair is the veil that is in front of your goals, once you remove the veil you will see your dreams coming to reality. But try as much possible to equip yourself with knowledgeable trading skills, like do more your self-education.

Frankolala

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The fear that you will run at loss in a business is what will make you very careful in whatever decisions that you are making. In crypto trading it is even more worst because of the volatile nature of bitcoin. If you say that you being scared helps you to make the right decisions and steps, that good as long as it works for you.

It is better that when your mind is not at rest with trading, you need not to think of it, because trading is risky and you might end up running at great loss, especially as a newbie. I wouldn't dare think of trading because am cool with investing, as this gives me rest of mind since am investing in a long period of time.

Adams0001

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

Fear is a natural emotion in every human being, no one wants to lose money when they invest their funds in Bitcoin if you are afraid to invest you will never achieve your goal if you don't want to lose your capital, investing in Bitcoin reduces your risks more than trading investors are not afraid to lose because they believe that one day they will make a large profit, If you are afraid to invest you will never achieve your goal.

If you do not have knowledge on trading you will be losing because you cannot win without knowledge on Bitcoin trading, with the idea of trading you will not be afraid because you know you will get profit because you understand the trading system, Is better you have a source of income before you begin your trip in investment or trading, You can simply utilize your profit and invest to make another profit but the price can change at any time, which is why you need to find a place where you can create money before starting investment.

Y3shot

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Quote from: Yamane_Keto on September 29, 2023, 07:25:01 AM

Being afraid of losing or losing some of your money in trading is a natural feeling. We all do not like to lose money, but what is not understood is the loss of all of your capital or large amounts, as it indicates a problem in your investment strategy. If you diversify your investments, the possibility of there being a loss will decrease. All your capital and the problem becomes how to reduce losses to be much less than profits and thus trading will be profitable. More learning will put an end to the idea of losing all the money from your head and will reduce the loss of large amounts. The only problem remains reducing losses compared to profits.

Their is no way one can avoid lose in trading, it is something that is always their that every trader will experience. But the lose i am talking about is the one that is caused due to lack of understanding, this type of lose always comes big.

Quote from: Poker Player on September 29, 2023, 09:29:51 AM

I don't know what you guys are so crazy about trading. It is clear that the marketing that promotes it has you well eaten in the head. If you are afraid of trading, just don't do it. I'll give you another reason, well over 90% of traders lose money, this in the stock market, and I'm sure that with cryptocurrency trading is even closer to 100%. So if you are afraid of losing money with trading, you are right. So don't do it.

It is either to stay away from trading or to have a better understanding about it for better outcomes than to trade with no understanding expecting to get better results at the end of the trading exercise.

Quote from: lionheart78 on September 29, 2023, 08:01:52 AM

It is normal to have fear and worry about the investment made with Bitcoin. I agree with @OP that to quell that fear, one must strive to learn and acquire knowledge about the venture he is investing with or trading with.

Knowledge is the best solution for fear since fear is caused by worries about unknown circumstances and having knowledge about Bitcoin trading, the cycles, and the patter of the Bitcoin market will assure us of something in the future. So learning these knowledge will make us diminish the fears and worries and we will have peace of mind holding our BTC and be ing patient to wait for the future great opportunity to profit.

Learning to understand is the main thing people need when it comes to trading and investment. Understanding is the only instrument that can help to get the kind of results everyone desires in trading. This is what everyone needs but people try to do without learning , thinking it is just easy to make good trading.

Odusko

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There is an old saying about fear which goes like this:
Fear can save your life, but fear can never give you what you want, so what that means is that every life depends on fear, because is your anxiety that birth attempts, and once you conquer your fear, you have won the battle into self-realization.
So you have to know that everything you want is on the other side of fear and until you cross over to the other you can't get everything you want.
The same applies to both trading and investment and that is the reason you have to take only calculated risks and reduce the level of your fear at all times because not doing so may affect your decision-making processes which can lead to more losses.

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

Fear can be a good motivation to do or start something the right way, but fear which can be good, can also be very bad. Fear can limit you and make you set mental barriers for yourself. Fear can get you feeling the need to play it too safe which is not too good because in playing it too safe, never pushing yourself because of fear, you will remain the way you are. Fear can be cautioning to you when you think of trading bitcoins, but do not let the fear make you never consider getting knowledge about trading to start it or even trying to start investing in bitcoins.

ultrloa

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

I know some of my mates who are into cryptocurrency that phobia to lose but even with the fear to lose they still go ahead to trade. If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.

That's still good that fear stop you to do risky decision so try to learn from other people and instead of thinking about investment maybe rather try to dig up some information then locate the statements or feedbacks given by people so that you can get a knowledge from them. Their experiences will be your guide so that you can minimize the losses and possibly can think right when profit taking stage is starting to come up on your trades.
normal for us to get feared but we should assure that after learning from past experiences we will execute something and try to earn. Since if we don't do any action and continue to get afraid then maybe later on we will regret our decision for not taking early steps. Although its scary to lose but if you will not take the risk you will no gain anything from trading.

cryptomaniac_xxx

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

Since I know cryptocurrency my biggest fear is to lost all my capital or large amounts in trading or investment, because of the fear in me I don't do things that I'm not sure of or things I don't know. My fear to lose have always been a motivation or a reason for me to know things concerning cryptocurrency, I fear to start trading when I'm of myself that I know nothing to trade , fear to start investment when I know that I don't have a source of income.

My fear have been a motivation to learn, even If I start trading I may lose but not to lose everything because of the understanding I have. My fear to lose have always made me to take the right decisions and not to make money money my first ultimate in trading and investment but understanding as my first priority.

I know some of my mates who are into cryptocurrency that phobia to lose but even with the fear to lose they still go ahead to trade. If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.

Everyone is afraid to lose mate, not just in crypto trading but as well like in the gambling world as well. However, maybe if you can gain enough experience when you to trading, then perhaps in the long run, you will understand how to mitigate that risk and not lose as much as when you started your journey.

So for me it's the experience as you go along with your crypto trading, and this should be your motivation though. The first thing that comes to my mind when I read your post is somewhat negative. Don't get me wrong though, but I don't see how fear becomes a motivation when it's a negative word for everyone.

Doan9269

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Quote from: Y3shot on September 29, 2023, 07:03:40 AM

If beginners allows their fear to motivate them to learn first their won't be drastic lose in trading.

Don't you know if you're considering the beginners, this may be hard to achieve, because there will always be a reason to fear on missing out for any crypto newbie even if their investment is only on bitcoin, now not to also consider those that took the higher risk on altcoins investment, maybe the experienced users may understand better on this than newbies just starting, this will also not work for a newbie who only invested on memecoins and memetokens and thinking everything will be alright over time, there's no how we can escape the bear market during the period of our investment, but what we Invested is the first access to wether we should have the fear of missing out or not, so every cryptopreneurs should know that bitcoin should be their ultimate first and only decision when starting, especially the beginners.

Patrol69

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If you are afraid of trading or investing then you can never risk money trading or investing. There are many differences between saving and investing. If you save money, the money will be safe but the money will not grow, but if you invest, the money will be leaning but the money will have the potential to grow. If you think that if you invest your money there is a possibility of losing it and if that money is lost it can have a very bad effect on your life then you should refrain from investing. Investment experts always say that you invest as much money as you can afford to lose. You must invest at the risk of losing your money.

Poker Player

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I don't know what you guys are so crazy about trading. It is clear that the marketing that promotes it has you well eaten in the head. If you are afraid of trading, just don't do it. I'll give you another reason, well over 90% of traders lose money, this in the stock market, and I'm sure that with cryptocurrency trading is even closer to 100%. So if you are afraid of losing money with trading, you are right. So don't do it.

EL MOHA

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Quote from: Mia Chloe on September 29, 2023, 07:14:29 AM

the main reason people lose in the crypto space is lack of sufficient knowledge and research I don't think if you have a good understanding of block chain and Bitcoin basics you will end up just losing your funds or hodlings.

I would argue a bit about this in two cases, if a user gains knowledge of bitcoin then they can hold their bitcoins safe away from hackers better than the people that do not have knowledge because the knowledgeable person is aware of not storing his coins on exchanges or just any online wallet and also he is aware of things like phishing attacks and this will help him in storing the coins for a very long time even if they store the bitcoin in the same hot wallet as the less knowledgeable person.

But in terms of trading which I believe the OP is referring to, no person is save from losing there funds on it. The knowledgeable person only reduces the risk of losing just anyhow that a less knowledgeable person does because he is knowledgeable on many aspects like analysis and stuffs like that. But saying they wouldn’t lose is not something right because even the most favourite team in a game of sport loses sometimes

Jawhead999

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Actually in reality most of people who fear to lose will not learn because they're scared to take a risk. When you're fear to lose your money, you will be very careful and you wouldn't leave your comfort zone. Just like someone who's start a business, there's no business will always make money constantly everyday.

Topic: Let fear to lose be motivation to learn - page 7. (Read 1363 times)