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.
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.