You win or you learn. - page 4. | Bitcointalksearch.org

Dunamisx

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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.

Altryist

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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.

Your own experience is invaluable, because only in this way can you learn the lesson best. Until a person himself loses money due to a long-term holding of a scam token, he will not begin to record a profit. Or until the trader loses money on a big dip, he won't put stops. At first, you think that you are smarter than others, but life takes such a price for lessons, and it’s good if these lessons are learned on time.

Sebas.tian

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Quote

It would be great if we could build a clear plan for the investment process in terms of capital management. This helps to reduce the possibility of risk. But after many years of investing in this market, I understand that losers just like me here make basic mistakes and need time to learn. And over time, we will do better with those lessons. Always think positively and tell yourself to make things better.

Many investors has learned from other people mistakes in the crypto market, that made them to become a professional profits making in the community. It will be very difficult for people to miss this opportunity this time around, because nobody what to sell in the market not to experience losses than to hold for the price to move higher before they can sell to experience profits in their Long term investment. I think, the price of coins will definitely increase higher before the end of next month because many coins price will definitely increase higher for both short term investors and long term investors to make a passive incomes.

milewilda

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Quote from: sovie on June 26, 2022, 02:03:32 PM

Quote from: virasisog on June 26, 2022, 06:40:41 AM

There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation.

sometime a few things are worth not giving time and energy. Its better to learn from other people mistakes and do not indulge in those activities which are worth not your time and energy. better safe than sorry!

Would really be just common sense neither you would really be that avoiding or tending to engage a particular thing basing on what you are seeing because you could neither see if its worth or not.
Its true that it isnt necessary for you to experience those things first before you would avoid it in next time on which you could able to do it once you are aware since you had made out some
research or you've been fully aware on whats happening around which is really an advantage rather on having zero knowledge or awareness at all.Mistakes are there as always yet we dont start on being
a pro which does mean that we are really prone to that but not all would really be having that kind of mindset on how you would gonna handle up things along the way but its not really
that bad to have that kind of consideration on learning something in advance.

FanEagle

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This has what happened to me as well. I have been in crypto for many many years now, and I didn't lose money at all. But, I could have been a multi-millionaire if I kept some stuff going on instead of selling and this is what I learned.

Even if you buy at 1 and sell at 2 and think you made a profit, it could be 100 the next few years and you will be in big shock, you could have made 100x instead of 2x if you just waited. I doubt I would get a chance for that much profit again, but I am not selling anything just because I am in profit or even when I am in big loss anymore. I just wait, and hope for the best. It has helped me make a bit more profit this way but I didn't take it, waiting for even more.

jostorres

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Quote from: virasisog on June 26, 2022, 06:40:41 AM

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.

There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation.

The "accept the losses" part is basically just saying that you are doing something wrong, but you are learning what that wrong thing was, and next time you are trading, you will not make that wrong thing. That is an awesome thing and if people could repeat that each time they make a mistake, a person who made a ton of loss would end up with a lot of profit in the long run.

I know that it is not going to be simple because you are making a loss in the end, which means that you are losing money and we do not have unlimited pockets, so we can't constantly make a loss and then expect to go on, we will be out of money after a while. But if we could break even, so make a loss, learn something, then recover that, then we can do this for a long time and be great at it in the future.

famososMuertos

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

...//...,,,,

1. Money management is very important. It is better to have some plan than no plan.
2. Opportunity will come again and again so do not FOMO.
3. Anything could go to zero no matter how big the project is(Luna disaster).

...//...:::

1.-
Point one is so basic and applies to the generality of life, it is incredible to think that someone cannot have correct capital management, in fact I believe that simple things such as having an austere life teach anyone, anyway if you having +18 but zero education and training, you will fail in any area of life, managing your income correctly is a fundamental part of your personal and professional growth and in the consequent of the responsibilities acquired over the years.

2 and 3.
It is the problem with the crypto world, it is open to all like no other type of previous investment that has existed, that opening has caught many off guard.

3.
No! an investment has different probabilities of being successful, your bad results are defined based on that percentage of confidence that you gave it for the processed information, if the return is zero, no problem next investment, it is assumed that you have a banking management that assumes losses, even with zero return.

sovie

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Quote from: virasisog on June 26, 2022, 06:40:41 AM

There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation.

sometime a few things are worth not giving time and energy. Its better to learn from other people mistakes and do not indulge in those activities which are worth not your time and energy. better safe than sorry!

robattfield

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It would be great if we could build a clear plan for the investment process in terms of capital management. This helps to reduce the possibility of risk. But after many years of investing in this market, I understand that losers just like me here make basic mistakes and need time to learn. And over time, we will do better with those lessons. Always think positively and tell yourself to make things better.

virasisog

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Activity: 1820

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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.

There comes learning after every failure in the cryptocurrency world. We can't get the result that we want here unless we'll deal with the market situation. The best thing that we can do is to accept losses and take lessons from them. Sometimes we only have to have the right mindset that crypto investment isn't a shortcut to success. It's a long journey that is full of lessons until we'll have the knowledge and courage to deal with every market situation.

bayudndy

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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.

Mauser

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Robert Kiyosaki is an awesome motivational speaker, he really can motivate people to learn more about money management and investing. Rich Dad, Poor Dad is a must read for everybody who wants to manage his own finances. He recommends to all of us to invest in ourselves and our future. In high-school or university we don't learn about money management, we have to do it in our own time. If you like his books I also recommend you check out his YouTube channel. He is doing 1 hour news shows where he talks about current issues and also invites famous guests to speak about investing. In his last show they spoke again how unprepared students are after graduating. Most of them having 100-250k USD in student loans and not being able to manage their first earned money. Universities are not preparing students for life.

minime0105

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Getting money is very easy but management of money is another thing some one have to learn more about for live in exception of university knowledge, i understand that cryptocurrency method of money is a chance and the chance can be when you did not expect it and you get your money in a bunch. Before you started this i thought you lost what you achieved for investing for coin that doesn't have support function not knowing that it's the way you manage your economy

stomachgrowls

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Quote from: Viscore on June 25, 2022, 04:57:25 PM

Quote from: bittraffic on June 20, 2022, 02:53:15 AM

Not easy to learn when you have not failed yet. But when you have failed before, you'll start avoiding doing it again.
You should learn to buy back in the process of learning because this is where you get more profit when you know when to buy back.

If your goal is just to make money, you may not really own something you can't control of. But if your goal is to get more BTC within your personal wallet. You've learned. I think I heard this from Max Kaiser.

That’s the fact, you won’t care to learn unless you start seeing failure and experience it. But let’s say, mistakes and losses are definitely good motivation to raise you up again. With proper motivation and good financial management, and with long term investment plan and goal, despite of the market continue being bearish, you will never lose as long as you continue taking advantage of the market by buying and hodling more. In the end, crypto will never bring a lot of losses if you know how to handle everything, regardless how bearish the market is.

Mistakes are learning curves or stepping stones for you to make yourself even more better or a good trader or investor on which if you cant experience losses then you wont really be progressing yourself

since you cant really miss nor make out some mistake which is something that we do know thats impossible to happen.This isnt something that you could really just attain without experiencing those
unfortunate events.Some people arent really just too welcome when it comes to losses or mistakes which it might be the reason instead for them to stop rather than learn.

We do start on being a noob and with those events of losses then we do eventually learnt up from that.

Viscore

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Quote from: bittraffic on June 20, 2022, 02:53:15 AM

Not easy to learn when you have not failed yet. But when you have failed before, you'll start avoiding doing it again.
You should learn to buy back in the process of learning because this is where you get more profit when you know when to buy back.

If your goal is just to make money, you may not really own something you can't control of. But if your goal is to get more BTC within your personal wallet. You've learned. I think I heard this from Max Kaiser.

That’s the fact, you won’t care to learn unless you start seeing failure and experience it. But let’s say, mistakes and losses are definitely good motivation to raise you up again. With proper motivation and good financial management, and with long term investment plan and goal, despite of the market continue being bearish, you will never lose as long as you continue taking advantage of the market by buying and hodling more. In the end, crypto will never bring a lot of losses if you know how to handle everything, regardless how bearish the market is.

Johnyz

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Quote from: Romeotom on June 25, 2022, 03:40:52 PM

Topic is understand me trading think! I think i am learning still now because i haven’t received enough knowledge about trading. I habe free time but no money so how i can do trade forever. In my opinion assets, time and skills will help you success from trading even without you are alone in crypto life.

This is why we have to save and have a good capital so you can have the chance to make more profit. Its good that you are learning, just keep on doing that until you reach of being a good traders, money will come to you later on. We can win in trading and we can lose but that losing moment will surely open your eyes to keep going and to learn more, once you are into trading you can be a good trader in time.

Google+

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Luckily you can still learn from what you experienced when the market crashed. I salute you. maybe in the future some of the details you mentioned can be applied by others in managing their financial management.

Ok, straight to the point that might help you. The first may be the tendency to know about cryptocurrencies which is a big factor people can suffer big losses when the market crash. and this is not only experienced by beginners in the crypto world, even those who have been in the crypto world for a long time can also experience the same thing.

I remember one of Cz tweets published maybe about a month ago where the tweet said don't put eggs in one hamper which I think means very broadly when the market is in a carsh situation.

nakamura12

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Quote from: Romeotom on June 25, 2022, 03:40:52 PM

Topic is understand me trading think! I think i am learning still now because i haven’t received enough knowledge about trading. I habe free time but no money so how i can do trade forever. In my opinion assets, time and skills will help you success from trading even without you are alone in crypto life.

Why not work and manage your earning so that you won't have to spend all of it in crypto. If you don't want to work then try doing something else like selling crypto related stuff or use your skills to earn some crypto. There are gambling sites that want someone who will manage a chat box (chat moderator) for example or whatever skills you have. When you have earn enough crypto then you can trade just like op being able to trade.

Mahanton

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Quote from: noorman0 on June 25, 2022, 03:56:18 AM

Both will always be side by side, we don't always have to win. In every new hype, new challenges will emerge that are more psychologically affecting to enter into it. As you point here,

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

-snip-
2. Opportunity will come again and again so do not FOMO.

people just want to get the chance but in the process they don't get it easily. Sometimes to get every opportunity you have to learn from losses first.

There are some people who are just too close minded on which they are really tending to make out some perfect copy if they do saw someone who do earn big in terms of trading or investment.They do tend to copy
it without even considering about the possible outcomes which might able for you to experience and losses is always next in line and we know that there's no such thing about perfect trader/investor
which does simply means that losses is there and some cant really just accept it and not able to enhance or improve theirselves because they do really go back into the past and cant accept their
mistakes or losses which is something not a recommendable mindset to have.Learn with your mistakes and continue to improve.

Romeotom

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Topic is understand me trading think! I think i am learning still now because i haven’t received enough knowledge about trading. I habe free time but no money so how i can do trade forever. In my opinion assets, time and skills will help you success from trading even without you are alone in crypto life.

Topic: You win or you learn. - page 4. (Read 1140 times)