Post
Topic
Board Economics
Re: Five common mistakes made by Bitcoin users
by
JTEN18
on 14/01/2018, 04:30:49 UTC
I have made plenty of mistakes when it comes to Bitcoin.  Mistakes are part of life.  I have learned mostly through my mistakes.  If you are learning is it really a mistake?

The first time I took interest in Bitcoin(no pun intended) was around 2012.  I was using it buy things.  Goods and services traded for Bitcoin.  This may be thought of as a mistake considering the growth of its value these last few years.  When i first realized this myself I thought it was a grievous error in judgement.  After a half-minute of kicking myself I reminded myself that Bitcoin was meant to be used exactly in this way.  Its a currency not a piece of gold.

Maybe it is not so much about avoiding mistakes but learning from them.



Always making panic that would be one of top 5 reasons that bitcoin users are making, avoid this one so we can have a profit that we want. I also have made mistakes for the past months that I joined here and one of those is that I am always doing panic selling whenever I am seeing the price getting low.