You win or you learn. - page 5. | Bitcointalksearch.org

sovie

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Quote from: Bitcoin2009 on June 25, 2022, 02:28:51 AM

Win or learn of course depends on the situation, if we plan to buy or invest bitcoin then now is a good time we can buy bitcoin at a price 1/3 cheaper than the end of 2021, when the market is rising I often hear people will buy bitcoin if the price drops And now is the time, don't wait any longer.

That is what the life is all about. Sometimes amit a depressed situation you find a hope and happiness and your life turns upside down.
While on the other side. Sometime amid happy situation you are trapped in the sorrow. Life is so unpredictable, be generous!

noorman0

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[Nope]No hype delivers more than hope

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.

SyndicateLabs

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PredX - AI-Powered Prediction Market

Having gone through the different stages of the cryptocurrency market, I also learned some ways to manage assets so as not to mess with them. During the bull market, making money easily is something we have seen as investments easily yield returns, but if greed is not controlled, we can go very far on what the market itself creates. Of course, I always look carefully at the issue of opportunities and risks when deciding on any investment. One thing that I also understand is that this market is not for the majority for happiness. Time and challenging lessons are the things that we need to go through.

Bitcoin2009

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Win or learn of course depends on the situation, if we plan to buy or invest bitcoin then now is a good time we can buy bitcoin at a price 1/3 cheaper than the end of 2021, when the market is rising I often hear people will buy bitcoin if the price drops And now is the time, don't wait any longer.

sovie

sr. member

Activity: 1274

Merit: 265

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

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.

And also look for the other opportunities as well. Apart from buying coins only - it is also a good idea to look for the other opportunities as well.
Some local businesses are also very good investing opportunities as well. A friend of mine was so upset after investing in LUNA now he dont trust crypto anymore.

sana54210

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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.

bitgov

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Quote from: Sang Prabu on June 24, 2022, 02:30:01 AM

Learning will never stop, even though the market is now again but we must be able to do the analysis, the possibility of the market for red is very large, especially some influencers on Twitter often make tweets that the market has the opportunity to drop again under $ 20k, whatever happens with the market Of course, never make panic, prepare money to buy when the price drops below $ 20K.

Also one should look for more investing opportunities.
Crypto is good but there are many profitable business - Like Airbnb, grocery delivery, home tuitions and many more. But of course the learning should never stop.

Hyphen(-)

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As you mentioned, money management is critical because failing to plan is planning to fail. It is beneficial to learn from the experiences of others in order to manage your own risk and avoid losing your capital investment.

Sang Prabu

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Learning will never stop, even though the market is now again but we must be able to do the analysis, the possibility of the market for red is very large, especially some influencers on Twitter often make tweets that the market has the opportunity to drop again under $ 20k, whatever happens with the market Of course, never make panic, prepare money to buy when the price drops below $ 20K.

gunhell16

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

Recently I was reading one of the famous books called " Rich Dad and Poor Dad". This quote just changed my thoughts and reduces my depression. Like many others, I myself also made a huge loss in this recent BTC crash.

When I first came to the crypto world I start with only a laptop. This was all I have and I made a good amount of money because of the last bull season. But because of poor money management and lack of experience, I took a big amount of loss too. I do make some losses but the lesson learned is priceless.

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).

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.

"You WIn"I don't understand exactly what you mean by the title of this matter. What are you referring to in this author matter? can you please clarify if this "You are the winner" is where? or what? quite not really clear, just okay with "You learn" I understood it. Athough,
I really support and agreed that we supposed to learn the Money Management, it will really give us a good help in the near future.

Quote from: bitgov on June 23, 2022, 02:17:23 PM

we almost spend the whole life learning thing and still we keep yelling at ourselves that we will not make this mistake again. But we do the same mistake again.
I have always been fooled by people - but I never take revenge - and quietly move on! That is the rule of my life. . .

Well, I guess we should never stop learning, as long as we lived in this world we supposed to continue to learn.
This was I had learned in my exprerienced in the life that I have now.

TravelMug

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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.

Yes, when I entered crypto, it was 2017, so there is a massive bull run and thought of quitting my job to focus more on crypto trading. But then again, the bear market sets in and it's good that I didn't quit my job otherwise I don't have enough money to put in the table. So maybe that time I really FOMO and yeah, I was inexperienced because I never seen a bearish cycle. I'm more mature now and really saving for the future and still investing in this bearish trend because it's where the money can be made for the future.

Hamphser

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Vave.com - Crypto Casino

Quote from: Shasha80 on June 23, 2022, 05:57:30 PM

Quote from: Freeesta on June 23, 2022, 12:24:37 PM

What looks like failure to us is experience. Without this experience it is difficult to start a big business. Let at first we will have mistakes and lose some of the money, but in the future we will take into account our mistakes and do everything right. Even with experience, we can make mistakes. We may lose time or rush. Therefore, everything we do is good, no need to be upset because of failures.

We should never be disappointed if we experience failure, because that is the beginning of our success. If we have never experienced failure,
it will be difficult for us to achieve success, because failure teaches us how to move forward. So experiencing failure is indeed a process that
we must go through to make us successful in starting a business. So if we experience failure and lose some money, it's not the end of everything.
We can learn from the experience of our failures to find a path to success, so as long as we don't give up, each of us should be able to get our own
success. Never be afraid to fail in doing something, because no one has ever been successful without experiencing failure first.

Its normal for us to be disappointed because we are just humans which its normal to have those kind of emotions because losing money or something could really give out that kind of reaction which is something

a very normal kind of reaction and here comes the acceptance on where people could give out whether they would really be that mindful on making these mistakes to be learning curves to make yourself way more

better than before.You wouldnt learn if there would be no acceptance in regarding into those mistakes that you had done in the past or even into the present.This is a continous learning yet theres
no such thing about perfect traders/investor.

Shasha80

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Quote from: Freeesta on June 23, 2022, 12:24:37 PM

What looks like failure to us is experience. Without this experience it is difficult to start a big business. Let at first we will have mistakes and lose some of the money, but in the future we will take into account our mistakes and do everything right. Even with experience, we can make mistakes. We may lose time or rush. Therefore, everything we do is good, no need to be upset because of failures.

We should never be disappointed if we experience failure, because that is the beginning of our success. If we have never experienced failure,
it will be difficult for us to achieve success, because failure teaches us how to move forward. So experiencing failure is indeed a process that
we must go through to make us successful in starting a business. So if we experience failure and lose some money, it's not the end of everything.
We can learn from the experience of our failures to find a path to success, so as long as we don't give up, each of us should be able to get our own
success. Never be afraid to fail in doing something, because no one has ever been successful without experiencing failure first.

bitgov

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Quote from: Freeesta on June 23, 2022, 12:24:37 PM

What looks like failure to us is experience. Without this experience it is difficult to start a big business. Let at first we will have mistakes and lose some of the money, but in the future we will take into account our mistakes and do everything right. Even with experience, we can make mistakes. We may lose time or rush. Therefore, everything we do is good, no need to be upset because of failures.

we almost spend the whole life learning thing and still we keep yelling at ourselves that we will not make this mistake again. But we do the same mistake again.
I have always been fooled by people - but I never take revenge - and quietly move on! That is the rule of my life. . .

Freeesta

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#SWGT PRE-SALE IS LIVE

What looks like failure to us is experience. Without this experience it is difficult to start a big business. Let at first we will have mistakes and lose some of the money, but in the future we will take into account our mistakes and do everything right. Even with experience, we can make mistakes. We may lose time or rush. Therefore, everything we do is good, no need to be upset because of failures.

Silberman

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Quote from: tn211 on June 23, 2022, 10:26:37 AM

Let's face it guys, nobody seems to know what is actually happening. I thought we would see a double bottom but it seems BTC bulls are fighting hard to keep the 20k level defended. If they can do it, we may see btc rise up to be a hedge like gold, when stocks go plummeting.

We can make predictions about what we think it will actually happen, however that is not the same as knowing for sure what it will actually happen, besides predictions need to be updated all the time thanks to the volatility of this market, after all a predictions may make perfect sense on the morning and then by night you have to adjust your prediction as things have changed enough in the markets in order to completely negate your previous prediction.

tn211

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Quote from: Bitstar_coin on June 23, 2022, 09:10:26 AM

Quote from: Don Pedro Dinero on June 20, 2022, 02:23:53 AM

..Your story makes me think you got into trading altcoins, which is very risky
Personally, I don't play with altcoins. You seem to be keen to keep playing with them, good luck....

The problem is not about trading altcoins or investing in it, but the ability to recognize opportunity and utilize that opportunity. The op already admitted that he made a lot of money perhaps from whatever he invested on (btc or alts) however he could not make the right decision as at when needed.
One important factor in crypto investment especially altcoins is knowing when to sell during the bull period, the moment you fail to recognize that period and act on it the end result is not always pleasant.
So as the @op rightly mentioned, it is very important to a have a plan, have a target goal and stick to it, otherwise it will be difficult to make the right decision during that time.

Let's face it guys, nobody seems to know what is actually happening. I thought we would see a double bottom but it seems BTC bulls are fighting hard to keep the 20k level defended. If they can do it, we may see btc rise up to be a hedge like gold, when stocks go plummeting.

qwertyup23

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

<...snip....>
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 mean, not to invalidate your feelings but you are definitely entitled to your feelings about your investments. Regardless of the result, our feelings and emotions would be affected since this involves our time and commitment to a certain investment. But there are things that we certainly overlook- like we sometimes forget our humble beginnings since we focus too much on the present that we disregard our origins and setups.

Based from your experience OP, always remember that our investments are called "investments" for a reason. Though the price may have crashed, always remember the fact that its price reached $60,000, there will always be that possibility that its price would recover again.

Bitstar_coin

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Quote from: Don Pedro Dinero on June 20, 2022, 02:23:53 AM

..Your story makes me think you got into trading altcoins, which is very risky
Personally, I don't play with altcoins. You seem to be keen to keep playing with them, good luck....

The problem is not about trading altcoins or investing in it, but the ability to recognize opportunity and utilize that opportunity. The op already admitted that he made a lot of money perhaps from whatever he invested on (btc or alts) however he could not make the right decision as at when needed.
One important factor in crypto investment especially altcoins is knowing when to sell during the bull period, the moment you fail to recognize that period and act on it the end result is not always pleasant.
So as the @op rightly mentioned, it is very important to a have a plan, have a target goal and stick to it, otherwise it will be difficult to make the right decision during that time.

ChrisPop

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Not your Keys, Not your Bitcoins

You would be surprised how "easy" money can be made if you have the right skills. I say "easy" with quotations because before getting to the easy part there is a lot of hard-work in order to acquire the skills and experience required to make it "easy" Wink

You would be suprised how many families don't even make a budget. That's why economic crises take such a big toll on the average joe, not even talking about the poor class. Most of them do not have basic education, not even talking about financial education that is not part of the curriculum. My point is that having a money management system already puts you ahead of the great majority of people. If you took the risk and navigated the crypto markets, you sure learnt lessons that would serve you for lifetime. I know I did. One advice: no reason to ever regret losing that money. It doesn't help you. Get your head right about money, it is abundant for those with a growth mindset Wink

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