Topic: You can go wrong! - page 34. (Read 4214 times)
think of it as a lesson, to the point of not having to reoccur
"you're not losing, you are learning" that phrase is kinda ringing in my head whenever i am feel losing or kinda troubled about my mistakes in the past that i did. in this short life, we all are still learning something and would still learning in daily life. so, don't feel bad about losing, and make sure that you are learning something from it.
if you have ever experienced a failure in trading and investing. then learn from the failure. all you need is experience and patience, if you have experience, surely you can solve your problem.
- If people in your network are shilling coins, be aware that either they are (heavily) invested in the coin, or you are already to late and you become a bag holder.
- Daytrading is quite risky. Don't be Bill that sold low and bought high.
- Altcoins will always drop again. Resist the fomo.
- Popular ICO shillers always bought in at presale phase, they will dump once available at markets to go to the next ICO. Nowadays it is often possible to buy cheaper than crowdsale levels at the exchanges (often at IDEX, ForkDelta).
- Daytrading is quite risky. Don't be Bill that sold low and bought high.
- Altcoins will always drop again. Resist the fomo.
- Popular ICO shillers always bought in at presale phase, they will dump once available at markets to go to the next ICO. Nowadays it is often possible to buy cheaper than crowdsale levels at the exchanges (often at IDEX, ForkDelta).
If we learn from our mistakes, what words of caution would you like to share.
Do not put all the eggs in one basket. Read a lot about crypto currency. Be in the news trend.And never give whales their Bitcoins.
Never do a panic selling when market drop a bit because we feel bad when we sell in panic and market rise after some time. Panic sellers always get losses so always buy at panic time to get good profit quickly.
Theres no reassurance in this field. All you need is guts. And take some risk. Youre in this business. You just have to learn and everythings gonna be fine.
Yeah, guts, wisdom, ability to play your cards well, being smart and seeing how you take advantage of every situation. The reason why so many people complain too much in this field is because they have decided to limit their knowledge to the things they only want to know and what they should really know. Also, before taking any risk, study the market, buy when everyone has finished selling and when people are scared of buying and when you start seeing some FOMOs kicking in, that is when you should load up.
It is quite natural to see ups and downs in this market. but we need patience especially when the market coming down. Do not invest blindly even in the low also. Do some research and invest and don't panic in the market.
When in doubt - just hodl! 
Theres no reassurance in this field. All you need is guts. And take some risk. Youre in this business. You just have to learn and everythings gonna be fine.
Yeah, guts, wisdom, ability to play your cards well, being smart and seeing how you take advantage of every situation. The reason why so many people complain too much in this field is because they have decided to limit their knowledge to the things they only want to know and what they should really know. Also, before taking any risk, study the market, buy when everyone has finished selling and when people are scared of buying and when you start seeing some FOMOs kicking in, that is when you should load up. What have I learned from my mistakes? Once I received a bounty bounty reward, I will keep the reward for a long time and not sell it for nothing. I have learned that I must not be excited that the market is "bloody" and that I have to make rational decisions about the sale.
Do not follow blindly to anyone's advice, however believable they sounded. Make independent decisions. In the world of cryptocurrency is much more fraudulent than it may seem at first glance.
Do not give your passwords to anyone. To anybody !! Never!!! Though it will be the director of the exchange or Satoshi himself. No one!
Do not give your passwords to anyone. To anybody !! Never!!! Though it will be the director of the exchange or Satoshi himself. No one!
If we learn from our mistakes, what words of caution would you like to share.
Mistakes are happening all the time and if you are clever, you have to learn from other's people mistakes not you own. But certainly it's almost impossible, so if you do make a mistake, learn from it and don't repeat it in the future, as a lot of people do not learn from their experience of doing it wrong and they keep repeating same mistakes in the future! My advise to everyone do not hurry, market not going to get away from you, do not trade when you are in panic! You have to be in control of yourself, all the time you have to think with a clear and strong head! Never listen/argue, with other people and what others's say, no one will change opinions, just be yourself and do what you think is right for you, do not follow anybody! Patience is the most important thing, so you must be patient, most of experience will come from mistakes, so you just have to go whatever the destiny have thrown at you! 
I think the most important amendments ( Not from my experience ) are:
- Do not trust in any new coins, ico projects, because it can be a scam
- Do not leave your job for cryptocurrency, because you can lose everything
- Do not invest in coin which has sudden increase. because can fast go down
- Do not trust in any new coins, ico projects, because it can be a scam
- Do not leave your job for cryptocurrency, because you can lose everything
- Do not invest in coin which has sudden increase. because can fast go down
I think my mistake was not to keep the calm when the market was red and sold quite a lot. After that mistake I got a worthwhile lesson.
when you doing daily traders you must have good prediction dont panic when coins going decline its normal in crypto, its will going up again soon remember it
When the market is falling, don't panic, in the crypto world its a normal, down and up that's the life of crypto currency. But this year crypto is will be more powerful increase a high price.
When you did a mistake, don't lose your belief do your best until you succeed.
If we learn from our mistakes, what words of caution would you like to share.
I have experience in this area is not big, but I can advise beginners, to they have examined the information how to store secret keys from wallet. Because there are a lot of scammers who want to steal your data and I've already lost so data. 
Don't be too emotional. We all have ups and downs on this market. If correction and losses make you lose your sleep at night, you are doing it wrong. Do your ivestments (money, efforts, time) based on logic. Don't blindly follow other people advice.
And of course don't forget Warren Buffett's words: "Be fearful when others are greedy and greedy when others are fearful".
Emotion is always one aspect every newbie will always have to fight with in this space and most times it can be strengthened by just having all the basic knowledge and everything that is needed to know in the crypto space. Really, those buffets word has always helped me in the general market, as cryptocurrency sometimes seems to be like the stock market which is more like sell when it is becoming too good to be true and buy when everyone is scared of buying. And of course don't forget Warren Buffett's words: "Be fearful when others are greedy and greedy when others are fearful".
Every people can learn something here. This is a part of a life . You can go wrong, you can lose, you can win. Just be sure withyourself. Take risk,play with money.
If we learn from our mistakes, what words of caution would you like to share.
I will speak from the perspective of altcoin investor. I would suggest, Do not trade coins very early which you might have bought in the presale of the ICO project. The reason is very simple, ICO projects are always claiming the higher prices when they get listed on the exchanger but there is always flood of panic seller which comes in and disturb the price. So the lesson is never ever sell your coins immediately after the coin get listed. You should be very patient and wait for the up surge to come when real development take places later in the time. ;-)
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