Quote from: Odusko on Today at 06:11:03 PM

Quote from: passwordnow on Today at 05:38:45 PM

Quote from: VicManton on Today at 11:36:12 AM

what are those things and what are your plans to recover?

The same as yours, it's mostly about not buying at the early stage because of some circumstances that I have faced. And another thing is about selling too early and that's why those times can no longer be changed and the decisions that has been made cannot be altered. My recovery plan? nothing but to stay on this market because I know for the better that if I should stay, things are going to get better and the holdings that I have now will continue to increase in value. Many holders are forgetting the essence of it and that's what I have forgotten a few years ago when we're also in a bull run because I've sold too early even before the bull run comes.

Regret is part of the cryptocurrency journey and for that we have to pay close attention to the lessons that we learn along the way, but then we have to acknowledge the place of luck in all of this, because sometimes, no matters our level of expertise we have to put in luck to be able to make the right decisions as for when the right time to buy and sell our asset's, most people don't have all this level of knowledge and at that they rely only on their skills and experience to control their cryptocurrency assets and at that they keep making same mistakes that make them to keep losing all the time.

To be honest, I am putting luck at the last of the list but it's true that it's also part of it and even though I am acknowledging it as well but that's not a lot of acknowledgement for me. That is why we just say that it all comes with a luck and a bit of it whenever we're investing and opportunities that have come to the early birds really are said to be lucky but it's also credited to their knowledge and what kind of risk taker they are.

Quote from: Odusko on Today at 06:11:03 PM

I have a friend who was new to cryptocurrency investment and when he seek my advice on somethings as for how best he could start his cryptocurrency journey I advice him to take the long term approach since he is a newbies and risking his investment in day trading could be a big risk for him and a point where he will definitely lose his capital, he refused to heed to my advice and when on the chase after the profits, and in no time he was already at a heavy lose, then he returned to me to seek advice and by then it was too late since the price of the asset was already high at that point and buying for long term no longer the best when buying at high price.

I've told my friends also to have this mindset. Because the more that they want to exit too early, the more frustrated they are going to be for sure. That's why it's very likely for the newones to look at the side of why we're telling them to have that mindset in the long term and not to the short term but, we can't blame them if they only want to seek quick profits and want early out of the market.