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Smack That Ace

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Quote from: bayudndy on June 26, 2022, 02:34:32 AM

Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.

Whether it's in investing or in life, failure is mother's success. Failure is not the end, but the lesson is a preparation for a new beginning. We will ignore all the advice of those who have gone before us until we stumble upon ourselves, then we will truly understand.

Successful people in the crypto market must have failed a lot and they have turned them into lessons for success. To achieve success like theirs, we will also have to face challenges like theirs, no one succeeds without experiencing failures.

Oasisman

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Quote from: cute nmp on June 30, 2022, 03:42:50 PM

That is one of the basic of any investment you can win and you can loose .We are usually dealing with probability any thing can happen at any time one should only invest what he can afford to loose to stay on the safer side always.

You want to be on the safer side? Just buy and stack only Bitcoin. Altcoins are a lot more riskier investment than Bitcoin.
Projects could fail, or it could be a scam, or some unfortunate breech that would destroy the project.
But don't get me wrong, I'm not saying not to invest on altcoin totally, I only want to emphasize that when you're investing into altcoin, you'll never be on the safer side. You need boost your risk appetite instead, even though you have invested what you can afford to lose.

bestcoins1

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Quote from: globalpain on July 02, 2022, 02:25:26 AM

No doubt you are a professional trader who already has a lot of experience,
you certainly already know very well how to respond in various market conditions,
when the bear market is indeed we need to stay calm and don't panic because it will make us unable to think clearly and it will give birth to wrong decisions

Generally this should be the case, but at this point I rarely enter the market except to monitor Bitcoin prices and during the downturn, I do not sell any assets I own except only make purchases using the past USDT I have held. And if only I could sell before the decline like now occurs, then at this time there are several kinds of coins that I can buy using USDT, but unfortunately I didn't have time to sell my assets before the decline occurred.

globalpain

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Quote from: xSkylarx on July 02, 2022, 02:20:40 AM

That is how literally our life works not just about investing on cryptocurrencies, stocks, etc. Mistake can't be a mistake if you learned something from it. You experience those in order to grow. I've been in this crypto space since 2016 and my experiences already taught me a lot how to endure during this bear season. I don't care anymore about the fuds going lately and not panicking if cryptos dumps again, this is just normal if you've been here for some years now.

No doubt you are a professional trader who already has a lot of experience,
you certainly already know very well how to respond in various market conditions,
when the bear market is indeed we need to stay calm and don't panic because it will make us unable to think clearly and it will give birth to wrong decisions

xSkylarx

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That is how literally our life works not just about investing on cryptocurrencies, stocks, etc. Mistake can't be a mistake if you learned something from it. You experience those in order to grow. I've been in this crypto space since 2016 and my experiences already taught me a lot how to endure during this bear season. I don't care anymore about the fuds going lately and not panicking if cryptos dumps again, this is just normal if you've been here for some years now.

bestcoins1

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Quote from: Semar Mesem on July 01, 2022, 02:55:22 AM

Whatever happens to the market then we must be able to take lessons, and usually we will learn more if we lose, this is of course to make us always be active following the latest trends and developments, and to be a winner it takes sacrifice and learning without ever stopping .

Try to suggest what special lessons that can be learned by everyone when conditions are like now apart from persevering and being patient because these two things are supposed to be done. Sacrifice is another thing that everyone does voluntarily, but if a loss or losing in a trade is considered a sacrifice, for me it is not worth it because it happens by itself and not voluntarily.

Baofeng

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Quote from: Furious 7 on July 01, 2022, 03:19:49 AM

Quote from: Dunamisx on June 30, 2022, 07:51:03 AM

Quote from: Furious 7 on June 29, 2022, 05:07:31 PM

we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect.

you're right, that's why many go with the word that says experience is the perfect teacher, and is one of the easiest ways to knowledge acquisition, no matter how rich and educated a child is, he can never have the live experience of a grown up adult.

Teaching about theory is very good but theory alone is not enough to live life and when in Crypto learning theory is also very important, therefore many people say it is important to continue to study in terms of momentum, market movement candles etc. But Theory alone will not have much effect because as said before because Theory sometimes will not run perfectly and sometimes there are some situations where we have to do things outside of Theory and here is the experience that determines.
We cannot be completely sure of either Theory and Experience because it is best to do both in balance.

True, not just in any investing, the from the start that we went to school and learn things, it's all theory and until we go out and practice it, we will never know.

I guess that's one part and parcel of life, we need to experience everything before we know how to react to it. And talking about crypto, those who have seen the lows or bearish cycle in 2018 should have learn their lessons already and know what to do right now. We keep preaching on others to invest, because that's what we should have done in 2018, but instead we didn't so we don't want to make the same mistakes again this bear market 2022.

Furious 7

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Quote from: Dunamisx on June 30, 2022, 07:51:03 AM

Quote from: Furious 7 on June 29, 2022, 05:07:31 PM

we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect.

you're right, that's why many go with the word that says experience is the perfect teacher, and is one of the easiest ways to knowledge acquisition, no matter how rich and educated a child is, he can never have the live experience of a grown up adult.

Teaching about theory is very good but theory alone is not enough to live life and when in Crypto learning theory is also very important, therefore many people say it is important to continue to study in terms of momentum, market movement candles etc. But Theory alone will not have much effect because as said before because Theory sometimes will not run perfectly and sometimes there are some situations where we have to do things outside of Theory and here is the experience that determines.
We cannot be completely sure of either Theory and Experience because it is best to do both in balance.

Semar Mesem

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Whatever happens to the market then we must be able to take lessons, and usually we will learn more if we lose, this is of course to make us always be active following the latest trends and developments, and to be a winner it takes sacrifice and learning without ever stopping .

Jody.Drummer

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Quote from: Fredomago on June 30, 2022, 01:36:36 PM

The problem with wrong overview with this kind of industry, thinking that it's easy to work on not realizing that due to volatility the market can quickly burned your investment, you will only realized things when you already suffered from that kind of losses but the good catch is when you learned it the hard way, you always have the chance to improve and enhance your opportunities,

giving you enough time to work on with your previous mistake and avoid doing things again and again.

But indeed this can be a good lesson. A person will understand more and be more careful when something he has has disappeared.
I have also been in a situation where I thought that here was something instant and easy but when the reality was different and I lost money in an instant then the mindset about crypto clearly had to change and this is what happens now when I lose. at least I can change and learn everything that is needed without getting carried away by emotions in the face of a downturn in crypto.
As many others have said, experience is a great teacher that is true but only for people who are willing to learn from mistakes.

cute nmp

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That is one of the basic of any investment you can win and you can loose .We are usually dealing with probability any thing can happen at any time one should only invest what he can afford to loose to stay on the safer side always.

Jody.Drummer

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Activity: 1750

Merit: 567

Leading Crypto Sports Betting & Casino Platform

Quote from: Hamphser on June 30, 2022, 02:32:08 PM

Quote from: Fredomago on June 30, 2022, 01:36:36 PM

The problem with wrong overview with this kind of industry, thinking that it's easy to work on not realizing that due to volatility the market can quickly burned your investment, you will only realized things when you already suffered from that kind of losses but the good catch is when you learned it the hard way, you always have the chance to improve and enhance your opportunities,

giving you enough time to work on with your previous mistake and avoid doing things again and again.

Once you do gain experience then this is where you do make yourself improve or be better which means that you would really be already aware on what are the things that could happen in the market.Some might

quit entirely or directly on the time they had experienced unfortunate events but there are people who do pursue and continue despite of those errors which i could say that a must have behavior since
we are dealing with an unpredictable market which its understandable that learning would be needed or something crucial for you to mind off.

You cant learn if you wont be experiencing losses or mistakes or errors which i could say that its just normal because there's no such thing about being a perfect investor.

Of course, I got a lot of things from a bad initial step due to a lack of knowledge. You are right, many people still have curiosity but do not want to build their trade or investment, even better, they fall into the same hole. I definitely don't want that to happen. As much as possible, we should take important points from each process and failure makes us more mature in making decisions.

Hamphser

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Quote from: Fredomago on June 30, 2022, 01:36:36 PM

Quote from: Jody.Drummer on June 29, 2022, 08:55:01 PM

Quote from: bayudndy on June 26, 2022, 02:34:32 AM

Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.

This is a problem because sometimes our expectations are too high which makes us unable to wake up and are still in the shadows of fantasies that don't stop, even though when we are aware of our capacity and don't have too high expectations, this is clearly a good thing to do.
But in fact, almost everyone has done this, even me when I first entered crypto, obviously my expectations were very high and thought it was easy to get big money, but my expectations like this were slowly broken by the fact that it didn't fit and the process didn't work as easy as imagined.

The problem with wrong overview with this kind of industry, thinking that it's easy to work on not realizing that due to volatility the market can quickly burned your investment, you will only realized things when you already suffered from that kind of losses but the good catch is when you learned it the hard way, you always have the chance to improve and enhance your opportunities,

giving you enough time to work on with your previous mistake and avoid doing things again and again.

Once you do gain experience then this is where you do make yourself improve or be better which means that you would really be already aware on what are the things that could happen in the market.Some might

quit entirely or directly on the time they had experienced unfortunate events but there are people who do pursue and continue despite of those errors which i could say that a must have behavior since
we are dealing with an unpredictable market which its understandable that learning would be needed or something crucial for you to mind off.

You cant learn if you wont be experiencing losses or mistakes or errors which i could say that its just normal because there's no such thing about being a perfect investor.

Fredomago

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Quote from: Jody.Drummer on June 29, 2022, 08:55:01 PM

Quote from: bayudndy on June 26, 2022, 02:34:32 AM

Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.

This is a problem because sometimes our expectations are too high which makes us unable to wake up and are still in the shadows of fantasies that don't stop, even though when we are aware of our capacity and don't have too high expectations, this is clearly a good thing to do.
But in fact, almost everyone has done this, even me when I first entered crypto, obviously my expectations were very high and thought it was easy to get big money, but my expectations like this were slowly broken by the fact that it didn't fit and the process didn't work as easy as imagined.

The problem with wrong overview with this kind of industry, thinking that it's easy to work on not realizing that due to volatility the market can quickly burned your investment, you will only realized things when you already suffered from that kind of losses but the good catch is when you learned it the hard way, you always have the chance to improve and enhance your opportunities,

giving you enough time to work on with your previous mistake and avoid doing things again and again.

Gyfts

legendary

Activity: 2828

Merit: 1515

Quote from: sana54210 on June 24, 2022, 03:01:22 PM

Quote from: Markinzo on June 22, 2022, 05:39:22 AM

I just admired the way you ended up your story unlike some persons out there they give too much attention to the amount of money lossed and forget that a lesson should actually be leant from the manner in which their loss came about.

Luna really recked many investors and some are still struggling to gradually come out of their losses but it shouldn't deter anyone from continuing to invest. Just like in the real world out their through failure many persons have leant new ways to better do things, only that here in cryptocurrency trading our failures are accompanied with financial losses.

I would say that the best thing we could learn from Luna would be not putting all of your money into one basket. I have seen plenty of people losing way too much money on it, when asked why they put that much money into it, they said they saw it go up super high before. That is not a good reason to invest into something, you could see something that goes up 10x, and that usually means that you already missed your chance, but even if not, then just because it did 10x once upon a time, doesn't mean there is no way it won't go down neither, nor crash.

This is why I would highly suggest that the best thing that could be done would be making purchases from all kinds of coins to diversify your portfolio.

UST was never meant to hold its peg. I'm convinced any investors in Luna were just hoping that it would hold out long enough for them to run away with their profits. It wasn't even worth diversifying into, let alone putting your entire net worth into an unstable alt.

The lesson of Luna was not to diversify, it was to not diversify into garbage alts. Any investor diversifying into Bitcoin is wise, any investor diversifying into alts like Luna or (insert next Luna-type project here) is a fool.

Pujangga

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Today I learn again, of course we didn't think that today the market dropped again below $20k, of course this made us have to be wise and learn a lot, and if we are daily trading then selling immediately when we have 5% profit is a better thing than continuing to hold but the price returns drop.

Dunamisx

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Quote from: Quidat on June 29, 2022, 03:59:51 PM

Mistakes are the best experience and learnings you could take.It is really just there are people who cant really just accept their errors or mistakes and tend to stop completely rather than on making learnings from it

some mistakes are better avoided than learning from them because of the weight it may carries, that's why some prefer learning from others mistakes than theirs, while as for those that dont keep to learning or being corrected, it will surely cost them than it will benefit them.

Quote from: Furious 7 on June 29, 2022, 05:07:31 PM

we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect.

you're right, that's why many go with the word that says experience is the perfect teacher, and is one of the easiest ways to knowledge acquisition, no matter how rich and educated a child is, he can never have the live experience of a grown up adult.

Jody.Drummer

hero member

Activity: 1750

Merit: 567

Leading Crypto Sports Betting & Casino Platform

Quote from: bayudndy on June 26, 2022, 02:34:32 AM

Sometimes we will learn ways to see more clearly after our failures, which is good for the OP, but I think many people will find it difficult to see that when they are still immersed in their dreams. The dream of profit or loss has not ended. A perfect strategy is not something everyone can implement, and it is also recognized from the forerunners. Only when we really experience everything, will we have a more complete view of finding opportunities in the future. in this market as well as in life.

This is a problem because sometimes our expectations are too high which makes us unable to wake up and are still in the shadows of fantasies that don't stop, even though when we are aware of our capacity and don't have too high expectations, this is clearly a good thing to do.
But in fact, almost everyone has done this, even me when I first entered crypto, obviously my expectations were very high and thought it was easy to get big money, but my expectations like this were slowly broken by the fact that it didn't fit and the process didn't work as easy as imagined.

Furious 7

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https://duelbits.com/

Quote from: Dunamisx on June 29, 2022, 03:32:05 PM

I can't dispute the fact that some lessons were best learned through experience, but it must not be a costly one that could wreck one down to a mess, now i begin to see the relevances of the subject economics being taught in schools as an important aspect that has it application in the later stage in life such as this, one of the mistakes many do is because they follows what others do without having a deeper conviction in person.

Actually if we can balance it would certainly be much better. What I mean is because we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect.
But on the other hand, when we only rely on experience without a correct theory, it is also quite difficult now because we still have to learn something from some of the existing theories so that when we adopt the theory and combine it with experience, we feel clearly this will be better.

Quidat

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Quote from: Dunamisx on June 29, 2022, 03:32:05 PM

Quote from: DVlog on June 20, 2022, 01:24:04 AM

Now I know how cash circulates into the crypto markets. I know fundamentals are the most important part of a project. I again could do mistakes in the next bull season but I will be more mature than to handle the situation. I do take some losses but the lesson it gave me would save a hell lot of money in the future.

I can't dispute the fact that some lessons were best learned through experience, but it must not be a costly one that could wreck one down to a mess, now i begin to see the relevances of the subject economics being taught in schools as an important aspect that has it application in the later stage in life such as this, one of the mistakes many do is because they follows what others do without having a deeper conviction in person.

Mistakes are the best experience and learnings you could take.It is really just there are people who cant really just accept their errors or mistakes and tend to stop completely rather than on making learnings from it. Errors are stepping stones on which you would really be needing for it to be realized so that you could really make yourself a better investor or trader which you are aware on what
are the things that could possibly happen and comparing the knowledge when you are still newbie and that experienced ones then you could really see the big differences or significant changes.
Not all do end up on being positive though because it all matters on someones effort and perseverance on dealing up with things.

Topic: You win or you learn. - page 3. (Read 1142 times)