It is almost impossible to get good results if you go into the work without considering the complete knowledge and proper review of the past history. Because planning without complete knowledge will lead us into danger which is a threat to our economy. So if we want to earn profit from investing in Bitcoin, we should be patient during the bear market invest with long-term plan and wait for the bull run. After taking all these plans if someone changes his decision due to market conditions he will definitely suffer. We must stick to our decisions and must be strategic and diligent to achieve our goals.
That is true, you need to learn from the past experiences, mistakes, and success stories as well. It doesn't have to be yours neither, it is of course much better to learn from your own past experiences, that makes things a lot better, but it could also be someone else's as well, you are going to gain from it and the end result will definitely be fine.
We should realize that things aren't that simple for people who are newbies, not because they are not talented or idiots, just because someone is new, doesn't mean they won't become great one day. But most newbies make a loss. Because, they do not have past experiences to base their moves on, meaning that they are going to be more likely to make a loss and learn a new thing.