Quote from: Taskford on September 10, 2024, 11:36:14 PM

Quote from: Lanatsa on September 10, 2024, 09:53:23 PM

Quote from: albon on September 10, 2024, 08:39:22 PM

Quote from: justdimin on September 10, 2024, 06:38:52 PM

It's humanity, we always make stupid decisions, we all do. Sure maybe not this one exactly but if you look at every human, you will see that all of them made a mistake, and if they are too young maybe they haven't but will make one in the end. Sometimes we laugh at it later on when we realize how terrible it is, but the reality is that we are not going to see this changing too much, we should know that it's going to be something that will take some time but we will get there, we can't really consider this any bigger.

We know how hard this is, and we know how terrible it would be if we are not careful as well, so we do our best. If it's about taking a loan and putting it all on bitcoin, I can say that I avoided by an inch many times, I always wanted to do it too lol.

Everyone may make mistakes, no doubt, but we must learn from these mistakes, the experiences of others, and from the advice that is provided. . Ignoring them and attempting to repeat the same mistakes should be avoided.

Successful investors and traders estimate the risks resulting from their decisions before encountering them.. If there is a high probability of losing their capital, they must work to manage and reduce the risks and protect their capital because if they end up losing it all, they will suffer greatly as a result, which could impact their ability to remain in the market or even affect their livelihood if they do not have other sources of income. Indeed, borrowing money and then investing or trading it entirely is one of the most reckless decisions because even with experience, the market ultimately decides. And I'm glad that you haven't proceeded with this so far.

Learning could really be acquired into those mistakes you have done or simply this is really that indeed your best teacher because not all things will really be written or can be found on book and it is really just that good for theory.The rest of learnings could really be acquired by experience and this is something which is inevitable and since we aren't that all knowing being then mistakes will really be always next in line.The important thing on here is that you do really know at least on how to blend or make yourself adapt on whatever conditions you encounter.When it comes to trading or investment then going all in Is never been recommended yet we do know on what are the compromises or dangers of it.

There are people who do easily adapt and moved on but there are those individuals who can't easily move on and instead on adjusting they do really that become impulsive and acting like a gambler.When it comes to investing then you should come prepared for whatever risks that you do able to encounter.Make yourself be wary and make back up plans if ever you don't get your target goal in terms of profits. Always secure some back up funds too because whenever you do saw a buying opportunity then better dive into it because the market isn't really just that only having one path to take like if it's dumping then it won't be that forever, there's always a recovery after that.

Some people trying to stick with things they read online since what they think its good working strategy for them, but realize later on that everything is not applicable to all especially if they fail on their strategy or decision made. With this experience come out and those who experience the worse really think about those mistakes they made and learn from it that's why some create their own perceptions on what to do next and it helps to create more better movement to get higher success rate to gain for next investment they made. Adaption in every situation is important since from this we provably know how we can deal with the risk and take advantage with it.

Everyone will not succeed on this since lots of people will quit and those who became successful is those who can adapt then still continue to try those risk because they are eager to learn.

You are very right many people try to learn about trading by reading various social media and books and enter the market with capital but they should have adopted some strategy like starting with small amount. Every person's problem type is different and he should invest accordingly while an investor does a lot of research before entering the market it will definitely be positive for him if he can utilize his own capital properly. Basically the strategy is to select the right currency and keep buying it periodically and holding it regularly.

Yes, not everyone can be successful in investing, but if an investor can arrange his portfolio according to his environment, he can be successful. Longer term investments should be more focused to minimize investment risk.