Topic: You only got what you deserve - page 5. (Read 913 times)
You are too categorical, OP. Sometimes circumstances beyond a person’s control arise when you have to spend something that you would like not to touch for a very long time. But basically, you are right. Anyone who plans to make investments should think about every expense and not invest their last dollar. As for trading, in this craft, all you need is a good nervous system and a character that is difficult to break into impulsive actions.
Any decision taken
Has a corresponding consequences
We should be ready to bear the consequence of our action whether positive or negative.
But sometimes things are outside our control
Would you say those that lost their funds during the Mt.Gox hack deserved it?
Mind you the DEX was one of the, if not the most used exchange as at that time dealing with Bitcoin.
Other scenarios exist like that
We can't have everything in our control
We make decisions with the little knowledge we have and hope for the Best.
Has a corresponding consequences
We should be ready to bear the consequence of our action whether positive or negative.
But sometimes things are outside our control
Would you say those that lost their funds during the Mt.Gox hack deserved it?
Mind you the DEX was one of the, if not the most used exchange as at that time dealing with Bitcoin.
Other scenarios exist like that
We can't have everything in our control
We make decisions with the little knowledge we have and hope for the Best.
I agree with this. As long as you take the effort to understand the ropes, you will be able to swing around somewhat safely.
This does not apply only to Bitcoin either, failing to understand how anything works fully and jumping into investing in it will most likely end up in a loss. Invest in gaining knowledge as the first step and the next steps will be much easier to make.
Where I will differ with the op is that some people cannot readily get the right source of information despite their willingness to understand how something works.
This does not apply only to Bitcoin either, failing to understand how anything works fully and jumping into investing in it will most likely end up in a loss. Invest in gaining knowledge as the first step and the next steps will be much easier to make.
Where I will differ with the op is that some people cannot readily get the right source of information despite their willingness to understand how something works.
In cryptocurrency generally you only got what you deserve, we might complain of how bad or the terrible experience you have had during trading or holding the wrong asset, but in reality you only got what you deserve.
Look at those that have DCA into Bitcoin over the years, right now, they will still be in profit because that's what they deserve, you might decide to hold an alt and let go at the right time and come out profitable, because of the knowledge you have on how to navigate your way in the crypto space make it deserving.
You might decide to lose your money by holding shit coin, instead of Bitcoin because of your lack of knowledge in the crypto space.
If you still want to keep holding Bitcoin, which means you believe in it, so when the bull runs comes and you start reaping your rewards, you deserve it.
Because you were patience enough to hold the right currency which is Bitcoin.
As a newbie or experience trader, if you decide to do revenge trading, emotional trading or high leverage trading, and you lose everything, that's what you deserve, because you lack the knowledge and discipline required to know when to stop and when to continue.
In this space we all get what we deserve.
Look at those that have DCA into Bitcoin over the years, right now, they will still be in profit because that's what they deserve, you might decide to hold an alt and let go at the right time and come out profitable, because of the knowledge you have on how to navigate your way in the crypto space make it deserving.
You might decide to lose your money by holding shit coin, instead of Bitcoin because of your lack of knowledge in the crypto space.
If you still want to keep holding Bitcoin, which means you believe in it, so when the bull runs comes and you start reaping your rewards, you deserve it.
Because you were patience enough to hold the right currency which is Bitcoin.
As a newbie or experience trader, if you decide to do revenge trading, emotional trading or high leverage trading, and you lose everything, that's what you deserve, because you lack the knowledge and discipline required to know when to stop and when to continue.
In this space we all get what we deserve.
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