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Topic: You win or you learn. - page 7. (Read 1120 times)

full member
Activity: 1134
Merit: 167
June 21, 2022, 06:17:01 PM
#54
financial management and strategy are two important lines that will make a person get what he has targeted. especially in the crypto world everything can happen the opposite of what is seen because we can't bet with this because this is not a gamble we lose and leave it. for those who can get to know the traditions and strategies of trading or investing crypto they will understand what opportunity, patience and faith are
hero member
Activity: 2086
Merit: 575
June 21, 2022, 06:13:59 PM
#53

This is VERY true, I remember I started with something like 20 bucks, that was my first ever investment into crypto, ever since that day I invested more, cashed out, earned, spent and many other things in crypto, but the very first one was 20 bucks. Thats all it takes to get you started, after that you will find your groove and it will get bigger. I personally believe that the best thing we can do right now would be keep buying more and more as long as we can afford it, you are right that you can earn a good chunk as well, even the signature campaigns has started to pay close to 100 bucks a week, thats 400 bucks a month, quite big amount if you ask me, bigger than the minimum wage in turkey for sure Cheesy
hero member
Activity: 2926
Merit: 640
June 21, 2022, 05:34:32 PM
#52
For now i'm feeling victorious because i didn't sell when the red price was below $20k even i'm happy because the last time i bought was when the price was $18400, unfortunately i only bought around $400, but the other thing that makes me happy is that some altcoins are also continuing to go up and i'm optimistic that cryptocurrencies deserve to be said to be the best investments today.
Doesn't matter how much you invested, it only matters how much it means to you. If you invested an amount that matters to you and when it doubles that would be a good money then you should be happy about it. Plus, the price is not back to ATH levels of anything, it's still quite low which means that you still have time to buy some more.

This is how you could make a good income, just work for crypto as well, that would be a great deal. Think about it this way, if you work for a whole month, earn 1k dollars, and wait for it to be 60k, then you will be basically getting paid 3k dollars for it instead, do that for the past 2-3 months and you would have 10k dollars combined. That's how many people got rich, worked hard instead of investing, that's an option too.
hero member
Activity: 3052
Merit: 606
June 21, 2022, 05:13:06 PM
#51
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.
That is why crypto will always be a win-win scenario. You lose but you still end up learning your lesson as well. Mistakes from our decision making will always be inevitable, but somehow it makes you mature and create wide understanding on how crypto market moves. However, if you have good money management and you are able to maximize your investments in bitcoin and in established altcoins, losses are still inevitable but somehow you can manage to maximize your profits over your unstoppable losses.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
June 21, 2022, 02:01:30 PM
#50
A lot of people have criticism towards the author Robert Kiyosaki and his book "Rich Dad and Poor Dad" and other books that he wrote.. but he is challenging the norm. I read most of his books and "Rich Dad and Poor Dad" was one of the best.  Wink

I am glad that you made mistakes and that you had the courage to try again and also that you learned from your mistakes to improve in the future. Some people make mistakes...... blame other people ...and simply give up. (Those people will not succeed in becoming a success in Crypto currencies)  Roll Eyes
sr. member
Activity: 2492
Merit: 277
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 21, 2022, 12:09:42 PM
#49
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.
The author of the book is Robert Kiyosaki who is actually a supporter of Bitcoin so he is not going to let the people to think bad about his ideas and lesson, personally I love to read his quotes and watch his interviews because it shows the reality and better knowledge about what is money but not completely agree with him as well especially the debt because its only good for suoer rich not for middle class so its also important which one need to pick and the ones to avoid because nothing is perfect.

Start saving this is the first step and better later than never should be kept in our mind.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 21, 2022, 10:49:00 AM
#48
The truth is that if you are in control you win all the time without losing.  This can only possible in a Perfect World where you actually know things ahead of time and have control over them.

A perfect world exists but is often denied by those living in the imperfect world. It's a World ruled by the CREATOR of all things,and it exists on Earth.



Yes, it is impossible to always get only profit. This is very often out of your control, especially during a crypto crisis like this. I also lost a fairly large amount, I had a plan and it did not help me. I'm thinking of leaving all my assets before the end of the crypto winter, this is my only new plan right now.

Nothing will exist like that because for sure we experiences those heavy losses especially the one brought up by bear market season. Even though the case sometimes will happen like this we should set un our minds or learn that scenario is good learning experience to be learn and for sure in future once you became knowledgeable, profit will come and that would be worth it for people especially those people can able to hold for long time periods.
hero member
Activity: 1666
Merit: 453
June 21, 2022, 10:40:28 AM
#47
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.

Quote
1. Money management is very important. It is better to have some plan than no plan.

- That's true because if we only spend money without the desired goal or the right goal, our capital money will go to waste.

Quote
2. Opportunity will come again and again so do not FOMO.

- Agreed, we shouldn't be deceive by this FOMO( Fear out missing out ) let us learn from the false experience of others who have believed in
  such things. Then we have a lot of choices here for the opportunity to earn well and beautifully in the future.

Quote
3. Anything could go to zero no matter how big the project is(Luna disaster).

- Luna is one example that we should learn to be even more careful in choosing the token
  that we will hold for a long time or for a short time.
full member
Activity: 616
Merit: 100
June 21, 2022, 08:19:51 AM
#46
The truth is that if you are in control you win all the time without losing.  This can only possible in a Perfect World where you actually know things ahead of time and have control over them.

A perfect world exists but is often denied by those living in the imperfect world. It's a World ruled by the CREATOR of all things,and it exists on Earth.



Yes, it is impossible to always get only profit. This is very often out of your control, especially during a crypto crisis like this. I also lost a fairly large amount, I had a plan and it did not help me. I'm thinking of leaving all my assets before the end of the crypto winter, this is my only new plan right now.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
June 21, 2022, 06:14:25 AM
#45
I like the title cause for me it's true you would only lose if you didn't learn from your mistakes.
And think about your loss on trading as an experience and learn from it.
I think most of us loss some money from this bearish market.
sr. member
Activity: 1792
Merit: 255
June 21, 2022, 04:02:07 AM
#44
For now i'm feeling victorious because i didn't sell when the red price was below $20k even i'm happy because the last time i bought was when the price was $18400, unfortunately i only bought around $400, but the other thing that makes me happy is that some altcoins are also continuing to go up and i'm optimistic that cryptocurrencies deserve to be said to be the best investments today.
member
Activity: 700
Merit: 10
June 21, 2022, 01:21:14 AM
#43
The truth is that if you are in control you win all the time without losing.  This can only possible in a Perfect World where you actually know things ahead of time and have control over them.

A perfect world exists but is often denied by those living in the imperfect world. It's a World ruled by the CREATOR of all things,and it exists on Earth.

Why do we need a perfect world? Those who fear changes complained about the world not being perfect. Changing the world is a hard thing so why don't you pick an easy one. Change yourself you will get a perfect world.

New things are good because they bring more opportunity and knowledge.
we always want something perfect, but it's impossible to happen. it is from that imperfection that we can take lessons from it, where we can learn to be sincere and always think positively and optimistically. therefore humans are created with a deficiency, so that they understand themselves. as well as analysis which cannot be 100% accurate, but we still get results
hero member
Activity: 2730
Merit: 632
June 20, 2022, 07:12:05 PM
#42
Losses or simply mistakes that had committed is something needed for you to learn and comes mature or aware on how this market works or behaved that's why accept those mistakes and learn from it and don't make yourself to be that close minded and reason for you to stop just because you are afraid for it to happen.Losses are inevitable but once you do gain experience then you do know on how to minimize losses along the way,so keep improving until you do have a good grasp in the market.
legendary
Activity: 3150
Merit: 1125
Leading Crypto Sports Betting & Casino Platform
June 20, 2022, 06:56:18 PM
#41
Like many others, I myself also made a huge loss in this recent BTC crash.


you will only have losses if you sell your coins, imagine that you bought when the price was 50,000$, so at the moment you bought you had to have already considered the money invested as something that you could lose at any moment, with that thought in your head everything what you would need to do and be patient and not sell at a loss and wait (even if it takes centuries) that one day the price will be above 50,000$, while you wait for the price to recover you can buy bitcoin with each price drop, that way in At the end of the day you will be profiting and you can even recover your loss very soon. nothing is lost, you don't have to go into depression, you just need to believe and you have to use your head
hero member
Activity: 2912
Merit: 613
Winding down.
June 20, 2022, 05:37:07 PM
#40
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.
That's a good thing that you were able to realize the significance of losses because its the only way that we will start learning in the crypto. No one would be able to skip losses in this volatile market as losses are always essential for our learning process to takes place. That is why there's no need to fear about losing in the crypto market, its always a good strategy to motivate you and discover your strengths and skills that will give you an edge in crypto.
legendary
Activity: 3248
Merit: 1179
June 20, 2022, 05:24:35 PM
#39
I think the point here is to stay calm whatever happens! When we get upset we make bad decisions, and making a few bad decisions in a row can be really harmful! So there's no need to get annoyed, to get upset, in the end, it's just a business and you either win or you learn something so that next time you can do better!

It's life! It's full of ups and downs, but it's important to have a clear mind and not let emotions disrupt you... we all learn about that as we grow! I guess it's hard to understand this before the 30ies and 40ies! Some of us learned the hard way, others had easy passage, it's an individual thing that depends on many factors, but I guess the bottom line is to stay focused and not let defeats affect you too much!
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
June 20, 2022, 05:10:15 PM
#38
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.
Fundamental analysis can't be neglected in any project. The same way you shouldn't wait for the next bull run to take profit. The market is still profitable in the bear. Losses makes traders wiser and smarter and the lesson it teaches never ends. I think you weren't prepared enough for the market. You took advantage of the bull season and it made a cool pay off. Now the trend is reversed you got lost. Take some cool time and revisit your analysis
hero member
Activity: 3052
Merit: 685
June 20, 2022, 04:30:51 PM
#37
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.
Losses are part in crypto and you would not manage to make profits in crypto if you never experience losses at first. So it's always part of your learning process and growth in crypto. However, having some good money management and long term investment plan will always give you an edge not to fall for huge losses, but i think it would still take time to realize and develop it after you have made initial losses.
legendary
Activity: 2562
Merit: 1441
June 20, 2022, 04:11:51 PM
#36
I'm not a fan of the idea a person will learn valuable lessons from losing. Why can't they learn valuable lessons from winning as well.

It all comes down to the human mind being the biggest advantage people have over other life forms. Many truly believe they're better off not developing their minds. They fear the transformation which occurs when a person comes into contact with new ideas or knowledge which shifts their perspective.

Those whose minds are open to learning. Will learn valuable lessons from victory and defeat.

Its mainly those who are extremely stubborn, who can only be forced to do it through painful experience and crushing defeat.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
June 20, 2022, 03:29:14 PM
#35
Yes, it is true that we all lost in the last drop of Bitcoin, there are also those who lost millions of dollars in the last Luna disaster, but this is not all and does not mean the end of the world for sure, this is the world of crypto. There is no permanent loss and there is no permanent profit either, so it is very important to benefit Of the lessons that you get from losing because it is what gives you real experience, I always say that loss is a paid educational course, so a person should not be sad about the loss, but rather learn and draw from it the necessary strength to move forward.
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