Yeah, you either succeed with your investment and make profit or you fail and loose thousands of dollars. The worst part is you never know which one is going to happen. You are correct in this case, the market is uncertain. If everyone knew what would happen in the future, then everyone would be making profit!
Another lesson one should learn is that, if some investment sounds too good to be true, then just avoid it!
Topic: The One Biggest Lesson you've learnt from Bitcoins Investment - page 4. (Read 1774 times)
Candidly speaking, the very one lesson I have learnt from this industry when it come to bitcoin is: whenever you want to invest into bitcoin ensure to make that a long-term investment and not a short-term investment. During the era of Bitcoin pump which took place in the 2017, I bought some bitcoin and hold but because the market kept me in the dark because the price refused to grow, I sold my little bitcoin without a profit. Within some weeks after sold my little bitcoin, the price get higher than I expected and I lost at the end of my investment.
In my own way, I learn not to trust telegram group that promise you high returns when you use their group to trade. They are mostly not sure and all prediction. It will therefore be cool to trade by yourself and take your risk alone too to succeed.
Do you mean trading signals? although it seems promising it is not fully effective. Most signals given almost touch the correction, in other words when the resistance is almost reached at the 75% level, it does not always provide an advantage because not all coins or tokens manage to touch the resistance before correction. When we do not have a basis in Technical Analysis then we will be easy to FOMO, when we are late then it's a loss.This is a very important lesson, rather than join signal trading, we better improve our technical capabilities.
Perhaps one of the biggest lessons for me was-don't trust anyone but yourself, and maybe don't trust yourself. You can understand this in different ways. This is quite philosophical.
In my own way, I learn not to trust telegram group that promise you high returns when you use their group to trade. They are mostly not sure and all prediction. It will therefore be cool to trade by yourself and take your risk alone too to succeed.
I was offered 10k BTC for the price of not even $0.1 a coin when BTC was not on the markets. I didn't take it seriously. 3 years later, I saw this exact same thing to be selling in 100s of dollars. I learnt that we need to overcome our fear and take big risks if we want to make something big out of our investments.
The missed opportunity to make a million dollars in a very short period of time and the number of people who mined the coins using their laptop and then selling it for a few dollars never expected the bitcoin market to flourish like this, even i did not expect the market to rise like this in a short period of time and luckily even though i was not able to get the coins at a small amount like you mentioned but still i was able to invest at a fairly small amount when i started. Did you really invest in bitcoin or in other cryptocurrencies? I am asking because I cannot tell if you are an actual investor asking for user's personal experience or someone who only read a book or an article.
My biggest lesson is to have a plan and follow it. I've been burned before because I got a little greedy.
My biggest lesson is to have a plan and follow it. I've been burned before because I got a little greedy.
Absolutely, set yourself a goal and stick with it, sometimes plans change, sure, an emergency or whatever, but try to use money you don't "need" to invest, as if you need it you can end up having to take losses in your trades when your plan probably would direct you otherwise.
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I believe this is an English-only section.
I was offered 10k BTC for the price of not even $0.1 a coin when BTC was not on the markets. I didn't take it seriously. 3 years later, I saw this exact same thing to be selling in 100s of dollars. I learnt that we need to overcome our fear and take big risks if we want to make something big out of our investments.
The biggest lesson i've learned from bitcoin investment is to save a part of it because we don't know what tomorrow may bring as we continue to take a chance from the volatility of bitcoin.
I learned it because one day that i earned a lot from joining a campaign and investing in bitcoin,i buy everything i want with out thinking about tomorrow until the time that it's difficult to earn again from campaign because some projects did not pay their bounty participant and i lost in trading. I regret that i did not save even 1/4 of my earnings before.Anyway ,regrets is always at the end and we can only learn from our mistakes.
I learned it because one day that i earned a lot from joining a campaign and investing in bitcoin,i buy everything i want with out thinking about tomorrow until the time that it's difficult to earn again from campaign because some projects did not pay their bounty participant and i lost in trading. I regret that i did not save even 1/4 of my earnings before.Anyway ,regrets is always at the end and we can only learn from our mistakes.
My biggest lesson is to not invest in something you dont understand. Back then when i was still a newbie i've always put money in Cloud minings reading their descriptions on how you can quickly ROI in more purchasing hashpower. Unfortunately i got scammed and found out that Cloud minings aren't really real mining companies. From then i've focused on investing and holding Bitcoin that was the biggest lesson i learned "if its to good to be true, then its not true.
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What is your own one big lesson?
The lesson I got was: we must prepare savings because the condition of the crypto market is not always good.What is your own one big lesson?
I join in the crypto world when trading is quite good and it's easy to get profit from day trading. With the help of my close friend, I learned trading and collected a lot of profit at that time, until I had funds to get married. At that time I thought that things would be as easy and as good as that, so I used all the profits I could to realize my dreams, buy electronic goods, etc. I think that money can be easily sought again through trading and bounty campaigns. Then came the bad season, since mid-2018 many bounty campaigns failed, did not give rewards, and trading was difficult because of the deteriorating market conditions. It was really difficult time, there was no savings and income from the crypto world declined. This is the importance of having passive income and savings.
When I first invested in Bitcoin, I didn't have much idea about Bitcoin. At first I invested a small amount and tried to find out about it. I understand that anything can happen at any time in the Bitcoin market. I have seen its value increase and decrease, but at the time of reduction and everyone had confidence in it. The value of Bitcoin may go down but there is no chance of it being scammed. This is a variable process.
The biggest lesson for me is to stay with bitcoin all through out the competition here in the market. I started knowing bitcoin in late 2015, its price is just running around between $400 and $500 and I know there is something about bitcoin that you can't find with other coin, ' reputation' , that's the only coin that time that has a price of that high so I stick to it. Now I got enough from my investment on it, I can really say that patience is the key for ones success, definitely worth to invest on yourself.
Perhaps one of the biggest lessons for me was-don't trust anyone but yourself, and maybe don't trust yourself. You can understand this in different ways. This is quite philosophical.
i understand the first one but the second one is a bit hard to understand . what do you mean by dont trust your self ? if you dont then who will make the move . but that is true sometimes because not all times our decision was correct but what can we do about that . its also normal to make mistake sometimes but atleast you did it by your self . it will be regretful if you believe on others opinion and then you lost . though not all people are only going to deceieve you . its only a matter of choice
Perhaps one of the biggest lessons for me was-don't trust anyone but yourself, and maybe don't trust yourself. You can understand this in different ways. This is quite philosophical.
Hello everybody. For me, the most important lesson I learned from bitcoin investment is the science of patience. More patience is needed here than in other, more common markets. Anyone who knows how to endure - will certainly achieve his goal. The rest will follow. Do not know how to patiently observe the market - even the most experienced investors will burn out. In my experience, there is always the opportunity to buy bitcoin at a low price at least once a month. And only a patient person will share his finances so that he would not spend all at once, but that each subsequent purchase would be at a better price. But not everyone is ready to endure for months, and in some cases for years.
I accept that patience is one thing we learn from investing in bitcoin but the biggest lesson I feel is probably the boundary between profit and risk in an investment, fear in the mind or greed in human nature, all the worst of mankind is fully revealed here. You and many people can look back on your path to investing in bitcoin, sometimes we are afraid of losses, sometimes we are excited about profits and become greedy then offer emotional handling, loss and profit will occur in a decision, investors need to control their psychology 
Hello everybody. For me, the most important lesson I learned from bitcoin investment is the science of patience. More patience is needed here than in other, more common markets. Anyone who knows how to endure - will certainly achieve his goal. The rest will follow. Do not know how to patiently observe the market - even the most experienced investors will burn out. In my experience, there is always the opportunity to buy bitcoin at a low price at least once a month. And only a patient person will share his finances so that he would not spend all at once, but that each subsequent purchase would be at a better price. But not everyone is ready to endure for months, and in some cases for years.
What I learned was I don't have high expectations with my investment.
Unlike before, what I think about bitcoin when you invest was there is a guarantee that you will make a profit. I realized that this is not how bitcoin works. Bitcoin is an investment tool and not an easy source of money.
Unlike before, what I think about bitcoin when you invest was there is a guarantee that you will make a profit. I realized that this is not how bitcoin works. Bitcoin is an investment tool and not an easy source of money.
Nothing more than Greed mate,because when am new here i seek mostly for double my money and not accepting small rewards from my trading and that made most of my trading in the fast as failure.
Now i have passed that attitude and all i do is to keep the patience and also i adopt Holding for years now and yes i mostly made money ,though last year i have made some mistakes again for not selling when the price of bitcoin hits 14,000$ in september but it’s ok because i know there is much good things to come in the near future.
Now i have passed that attitude and all i do is to keep the patience and also i adopt Holding for years now and yes i mostly made money ,though last year i have made some mistakes again for not selling when the price of bitcoin hits 14,000$ in september but it’s ok because i know there is much good things to come in the near future.
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Investment always have element of uncertainty. Its always based on speculation of success which may not always be so.
So, its a game with two tails....success and failure.
Investing in Bitcoin is based on speculations and it is not like stock that is not that volatile. So, its a game with two tails....success and failure.
Anything can happen with Bitcoin so investing in Bitcoin has risk as always but it is higher than most of the assets where we invest our money. I think the biggest lesson that I've learned is the act of being patient when you are holding coins at a loss. I'm not buying Bitcoins right now since I always got some satoshis from my current signature campaign but when I was still new to crypto, I tried to invest a small amount of my money and bought Bitcoin. Since I was new at that time, when I saw that my total money is in profit already I sold my Bitcoin at that time and weeks after it went up so much. If I stayed patient at that time and kept my Bitcoins, I should've got more profits at that time.
My learned lesson is that surprises are always possible. No matter how prepared you think you are and you think that you know everything that can happen, the plan can always go wrong so, always have a back up.
But it's very important to keep the cool head and not to panic, otherwise you can only make things worse.
In trading and investing you learn all the time, every day so it's important to keep all this knowledge always in mind.
But it's very important to keep the cool head and not to panic, otherwise you can only make things worse.
In trading and investing you learn all the time, every day so it's important to keep all this knowledge always in mind.
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