Post
Topic
Board Economics
Re: You win or you learn.
by
Baofeng
on 01/07/2022, 08:32:30 UTC
we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect.

you're right, that's why many go with the word that says experience is the perfect teacher, and is one of the easiest ways to knowledge acquisition, no matter how rich and educated a child is, he can never have the live experience of a grown up adult.
Teaching about theory is very good but theory alone is not enough to live life and when in Crypto learning theory is also very important, therefore many people say it is important to continue to study in terms of momentum, market movement candles etc. But Theory alone will not have much effect because as said before because Theory sometimes will not run perfectly and sometimes there are some situations where we have to do things outside of Theory and here is the experience that determines.
We cannot be completely sure of either Theory and Experience because it is best to do both in balance.

True, not just in any investing, the from the start that we went to school and learn things, it's all theory and until we go out and practice it, we will never know.

I guess that's one part and parcel of life, we need to experience everything before we know how to react to it. And talking about crypto, those who have seen the lows or bearish cycle in 2018 should have learn their lessons already and know what to do right now. We keep preaching on others to invest, because that's what we should have done in 2018, but instead we didn't so we don't want to make the same mistakes again this bear market 2022.