Topic: You win or you learn. - page 2. (Read 1140 times)

All phases in life indeed and not only limited on gambling but also in other aspects where failures do make out that learning so that you would really be making yourself more better compared back into the past or when you are just starting on what you are engaging on.Not all would really be having that kind of mindset since they do directly quit when experiencing unfortunate events but this isnt something that should
really make yourself to do so because its part of the learning process.

You do win or make profits but mistakes and errors is something that cant really be removed or avoid on thats why always presume about those probabilities or chances because
it cant really be that simple on dealing specially if it do touches on investing and specially with gambling which we know that winning is really in lowest chance or odds specially for
long term aspect.

Not in crypto world but also in all phases of life we are so learning good or bad lessons.
Be it gambling - our personal or professional life decisions we are always learning. Life is so unpredictable and so is gambling so your have be extra care in each bet.

This is why in the crypto market, either you win or lose in trading or investing, the result will still be worth it. Because if you think you lose your funds, that mistake also teaches you and leaves a good lesson to learn, which i think will be a good motivation to improve yourself and not to do the same mistake again  because for sure you will gain the same result. So definitely, there is still a win-win scenario that takes place. And while you chase for profits but still end up with some mistakes, i think that's also part of learning in crypto.

depends on the mindset of people - most of the time - - people have strong nerves and they get right back up after a failure.
But some get disappointed and loose all the hope. In both the case. Life goes on! one should get out of the trauma the sooner the better.

It depends on what type of learning you are referring to. We can learn a lot of things by reading books or watching tutorials but when we need to work on those things by ourselves it won't give us the same output. This happens most of the time because we lack any experience. So when you are doing something by yourself you will make mistakes and understand why that happens and how to overcome that. So there is not anything called a failure here if you think this way. Either your attempts will be successful or your mistakes will teach you how to be successful next time. Failuer is just a word.

I don't really get it like you win or you learn. Does failure really attract learning? Is failure attached to learning? We all need to learn not looking at it whether we are young or aged. Learning should come to us everyday and if we think of winning without learning then most time it doesn't works. Learning should be a daily interest and it should keep going.

So in summary, I think what you are trying to say is that these are the lesson you learnt from the best selling money management book "Rich Dad Poor Dad" written by Robert T. Kiyosaki. Because I ones read it, and to be frankly speaking it actually changed the way I thought about money, used money and handled money ever since that moment. It is a book anyone who seems to unlock the untold truth about money needs to go grab, and I am sure you will definitely thank me later.

There's no such thing about pinnacle of knowledge and its true that this living on this world does give out that never ending kind of learning on everything which doesnt only limit out on investment
but also in everything we do encounter on life which does really need awareness and knowledge for you to be able to go on living without any problems since you could really get a good grip out of it.
You would definitely learn up on any mistakes that you do because thats how things works.You cant just be directly to be professional or experienced on everything which means that
you would really be experiencing errors or mistakes but after that you would eventually learn and you would know on things that you could encounter on next time.

Life is a real challenge - every day you learn new thing and then you make promises that you will not make those mistakes in your life ever again and then you do the same mistakes again. I am not very strict with my rules.... and I keep on making mistakes all the time - learning and learning through out my life and not getting the lessons.

What the author of the topic described is not something unique or surprising. Let's be honest - which of you started working with crypto in 2017, had a financial education, studied financial and investment management? Personally, I had a basic institute courses in economics, and separate courses in entrepreneurship. I can’t say that I had the same result as the author, rather, on the contrary, I earned well, but ... I didn’t manage to fix everything and turn it into liquid things. I only managed to buy ... what I planned to buy for the last 2-3 years, and set aside a certain amount as a "financial pillow". It took about 50% of what I earned in 2017. And the second 50% of what we managed to earn eventually turned into ... about 5% -10%
No, this is also money, but - not received or, more correctly, profit that was not fixed IN TIME, turned out to be quite significant. This was an excellent lesson, and prompted to study more deeply similar assets, the investment market and speculation. Once again I was convinced that a negative experience is the most useful and memorable!
I recommend everyone to study the subject matter, read specialized materials, communicate on topics of interest, and constantly develop. This will be the key to a secure and quality life not only for you, but also for your families.

Always find ways to learn in whatever outcome take place when you trade, it will help you to move forward and not to dwell with mistakes that you commit, and also, with good anticipation on your next entry, it will possible that you will have different outcome, Win or lose as long as you find ways to accumulate good knowledge upon, your chance of success is far better.

It's your own path that you are directing better to start from small steps and learn things one by one and not to rush things up.

Losing small money then learn is better than jumping into conclusion and burned huge amount of your capital.

Learning has no age and limit. This also applies to the cryptocurrency market. Therefore, you learn something new in every transaction you make. It should not be divided into winning or learning. When you win, you learn new things. But of course, you learn a lesson when you lose the most. So never get offended by the game when you lose. Always focus on doing better.

This is why I always suggest coming back after a loss. I have seen a lot of people who quit crypto all together after they lost everything to Luna for example. That isn't a reason to leave, that is a reason to stay even longer. Because, you already lost your money to Luna once, you will be much more careful about that not happening to you again.

This is why we should be focusing on getting back on the horse after we fall. If you ever rode a horse, you know that you can't become a great horse rider without ever falling from it. This is why if you lost your money in crypto, that is great news, of course everyone would prefer if they never did, but that is impossible.

I don't think the two have to create a dilemma. Maybe it is not possible to learn while winning, but it is very possible to win while learning. Therefore, the main point may be the subject of education. Anyone who trades in financial markets - at least on a basic level - needs to do some reading on financial literacy... Also, I have no words for Luna and similar shitcoins. Those who buy this and similar coins will never learn. :)

Definitely, money management is very crucial every time we are doing investment, moreover investing in cryptocurrency. This will include the target price to take profits, how much to buy, how much to sell, and how much profits to gain. This is to avoid being greedy and to make ourselves ready for the amount to lose.
And because of bad money management, too, I also experience the same big losses 
And exactly, there must be plan A, Plan B, and Plan C at least.

I do believe this as long as the coins that we are investing in are Bitcoin or top coins that will probably survive during this bearish. There are some coins that still have the opportunity to come back, but some other coins may be heading a difficult situation.

I think everyone who goes into the crypto world must have been a FOMO, and in the end made us suffer losses. As long as we want to learn from
our mistakes, we should understand more about how to make a profit in the crypto world. Moreover, the crypto market is very volatile, this makes
it difficult for us to predict where the market will move. That's the importance of never giving up and never stop learning, moreover crypto trends
also change frequently. So really need patience in learning crypto, I even had to experience some losses, even to the point of losing large sums of
money to understand how the crypto world works. But if we never give up with all the failures that we experience, and keep trying to fix every
mistake we make. Then in the end success will come to us by itself.

If you're not ready to take a risk on investment then having the benefit is not worth deserving as well, the worst one could do is to assume investments made on altcoins as risk free, no any investor will like to loose his coins on just nothing that does not worth taking the risk and that's why most people play safe by investing only on bitcoin and avoiding other cryptocurrencies, having the mindset of either winning or loosing at first place doesn't mean everyone's can afford to manage running a loss.

As OP mentioned you win or learn - - likewise some people come in your life as a blessing and some as lesson. Some incidents are life changing. While the others are serious lessons.. So one should be careful in dealing with everything.

People who only fall for FOMO are those who are less knowledgeable and are motivated by greed, so good thing you didn't fall for that. Although there are still inevitable losses no matter how we invest with caution, but the fact that we become mature to handle all the uncertainties in crypto, investing in crypto particularly in times of market crash will always risky but you'll know you'll win if you remain strong and persistent until the market turns into bullish.

Basically it is a circle, most people call it a cycle but it is a circle basically. We get a bull run, we get a bear run, then we get a bull run, then bear then bull then bear. This goes on forever and will go on forever. The world can't make a profit forever, it is just not possible at all, and the world can't make a loss forever neither, it is impossible for people to get to a level where there is no money, it would create chaos.

So in the end, we are going to have to just live one bear and then one bull and repeat that circle forever. Right now we are in the bear run, or at least at the bottom of the bear run by the looks of it, then we will end up with a bull run for sure.