Quote from: pinggoki on Today at 11:38:05 AM

Quote from: oktana on June 05, 2024, 11:48:32 PM

If you learnt about patience as you say, then don’t be in a haste to make the amount you mentioned. I’m saying so because you don’t tell the market what direction to follow; the market follows its own path. So you may be envisioning December but the market may decide to make it February next year. So you’ll have to be flexible with time or the target amount. And no matter how desperate, don’t rush in. If you do, at the slightest challenge, you may feel the urge to rush out, and that is where losses start.

Beginners always mistake it when they invest in bitcoin, they always think that they're God, that they're the one that's moving the market just because they contribute to the demand when in reality, they're comparative to a child splashing water in the ocean, in the grand scale, it doesn't matter and the movement isn't that noticeable. Totally agree with not rushing in, there's no way that you'd want to be moving too fast in trading, you might miss out on the wrong stuff and end up losing or missing out on bigger profits if you were lucky.

While I don’t wish anyone to make any losses, the truth is that most people tend to learn the hard way. If someone is a beginner and is too confident or even full of themselves that they don’t know you can never learn enough, it is only a matter of time before they become humble. Losing money makes people to slow down and follow a safer route. So yea, most people may have to learn it the hard way.