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Author Topic: Do you read Whitepapers carefully??  (Read 9835 times)

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Re: Do you read Whitepapers carefully??
« Reply #165 on: November 18, 2024, 04:03:37 AM »

That's all true, so it will come back to each of us in responding to this kind of thing. There are people who when they get difficulties they are more enthusiastic, but there are also people when they experience failure they will just give up.

It comes back to what kind of person we want to be, will be more enthusiastic or just give up. But it is very unfortunate if we just give up, because the process we go through means destruction.
it is true, there are people who experience failure, experience discouragement and maybe trauma. but there are those who experience failure, continue to learn to correct the mistakes that have been made so as not to experience similar failures.
Everyone has a different spirit and successful people are those who always learn from their mistakes and remain enthusiastic.
It is actually very natural as humans to feel disappointed with ourselves when we fail, but we should not stop completely. Taking a break from activities that make us disappointed is highly recommended and I did it.

It's not once or twice that I have been in a difficult situation, but I calmed my mind for a moment and after that I started again by learning from the mistakes that made us fail before.
Exactly, taking a break is very vital, but another thing is getting encouragement and motivation both from yourself and people around.
If you take a break and always keep getting discouraged with whatever made you fall, then you'll see a big reason to give up completely.

Especially when it comes to trading and a trader out of inexperience or greed uses all his portfolio for one trade and end up blowing up everything, loosing all funds....
Bro .. there'll be a big reason to give up, because everything is gone and it'll take a long time to start gathering funds to start up trading again.

In all, it is very much advisable to get proper knowledge before venturing into any aspect of crypto be it trading/investing/holding/airdropping.
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Re: Do you read Whitepapers carefully??
« Reply #165 on: November 18, 2024, 04:03:37 AM »

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Re: Do you read Whitepapers carefully??
« Reply #166 on: November 20, 2024, 01:09:31 PM »

Well that's the point, even though we have experienced failure does not mean we will never achieve success. Many successful people were born from the failures they have experienced, but they did not give up and continued to correct their mistakes.

Now we have to make that an example, even someone who has experienced failure when they succeed, they will be able to maintain it.
We must learn from failure and try to fix the things that make us fail and try to stay motivated and strive to be better. failure will always exist because as humans we will definitely make mistakes. So by learning from those mistakes we try to be better and more careful. In trading I often experience wrong analysis and experience defeat. but I try to make a more thorough analysis and develop a more appropriate strategy in order to succeed.
In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.

There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.

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Re: Do you read Whitepapers carefully??
« Reply #166 on: November 20, 2024, 01:09:31 PM »

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Offline Blaze

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Re: Do you read Whitepapers carefully??
« Reply #167 on: November 29, 2024, 04:17:30 PM »
Exactly, taking a break is very vital, but another thing is getting encouragement and motivation both from yourself and people around.
If you take a break and always keep getting discouraged with whatever made you fall, then you'll see a big reason to give up completely.

Especially when it comes to trading and a trader out of inexperience or greed uses all his portfolio for one trade and end up blowing up everything, loosing all funds....
Bro .. there'll be a big reason to give up, because everything is gone and it'll take a long time to start gathering funds to start up trading again.

In all, it is very much advisable to get proper knowledge before venturing into any aspect of crypto be it trading/investing/holding/airdropping.
Yes, taking a break does absolutely marvellous, but inner encouragement and support from around also matters a lot. In trading, bad luck or wrong judgement results in losses that pull down your morale. However, instead of that we had better think that such a result could be a lesson to start again with more careful approach. As a result of the correct information and preparation, the entry into a new world of crypto currency can be more purposeful and filled with possibilities.


In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.

There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.
Success and failure in life are two different aspects of who we are and we shouldn’t underestimate the value of failure on our journey through life. Whereas in the first case, the failure makes one stronger since it is always a chance to learn, subsequent success leans on actually surviving and learning how to stay on top. We also need to constantly cheque how we monitor and control our progress, without losing sight of our development. Thus, in any case, not only we do not stand still; for the victory that has been won or lost, the subsequent events indicate that there is a more profound goal and increased passion.

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Re: Do you read Whitepapers carefully??
« Reply #168 on: November 29, 2024, 06:16:40 PM »
Personally speaking I don't! I just check some specific data like what kind of project it is, what is their total supply, how much of it's is in circulations, all time high all time low, where is it listed etc! Sometimes I would even check the project's community to have a better insight! That is as far as I do! I do follow some crypto guys on youtube, mainly i watch their videos regarding these project to acquire most of the important information! I don't have that kind of time to read the whole whitepaper, i just take a look their tokenomicss!

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Re: Do you read Whitepapers carefully??
« Reply #169 on: November 29, 2024, 08:57:27 PM »
Personally speaking I don't! I just check some specific data like what kind of project it is, what is their total supply, how much of it's is in circulations, all time high all time low, where is it listed etc! Sometimes I would even check the project's community to have a better insight! That is as far as I do! I do follow some crypto guys on youtube, mainly i watch their videos regarding these project to acquire most of the important information! I don't have that kind of time to read the whole whitepaper, i just take a look their tokenomicss!
In the past when I focused on investing in new projects I read the white paper, saw the road map, studied the team. I did what you did, also checked the type of project, total supply and the possibility of being useful for users in the future or not. And I studied everything in detail. But now I'm busy, I prefer to invest in top coins, I just observe their movements in the market, their habits and their team work.

Offline $crypto$

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Re: Do you read Whitepapers carefully??
« Reply #170 on: November 30, 2024, 02:46:22 PM »
In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.

There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.
Success and failure in life are two different aspects of who we are and we shouldn’t underestimate the value of failure on our journey through life. Whereas in the first case, the failure makes one stronger since it is always a chance to learn, subsequent success leans on actually surviving and learning how to stay on top. We also need to constantly cheque how we monitor and control our progress, without losing sight of our development. Thus, in any case, not only we do not stand still; for the victory that has been won or lost, the subsequent events indicate that there is a more profound goal and increased passion.
Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.

Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,

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Re: Do you read Whitepapers carefully??
« Reply #171 on: November 30, 2024, 08:26:28 PM »
In short, there will be no word of success without the word of failure, so all of that will continue to coexist and it is impossible for us to remove one of these two things from our lives.

There are people who fail who end up successful and there are also people who are successful but they end up failing. There will be many factors that influence all of that, for successful people who fail, maybe they cannot implement good management so they have to go bankrupt.
Success and failure in life are two different aspects of who we are and we shouldn’t underestimate the value of failure on our journey through life. Whereas in the first case, the failure makes one stronger since it is always a chance to learn, subsequent success leans on actually surviving and learning how to stay on top. We also need to constantly cheque how we monitor and control our progress, without losing sight of our development. Thus, in any case, not only we do not stand still; for the victory that has been won or lost, the subsequent events indicate that there is a more profound goal and increased passion.
Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.

Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,
failure will always be in our lives and from that failure we can learn to correct the mistakes we have made and try to achieve success.
in investing it is also like that especially in trading I also often experience failure and defeat, but experience and knowledge make me better at trading to increase my victory.

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Re: Do you read Whitepapers carefully??
« Reply #171 on: November 30, 2024, 08:26:28 PM »


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Re: Do you read Whitepapers carefully??
« Reply #172 on: December 01, 2024, 01:21:26 PM »
Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.

Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,
failure will always be in our lives and from that failure we can learn to correct the mistakes we have made and try to achieve success.
in investing it is also like that especially in trading I also often experience failure and defeat, but experience and knowledge make me better at trading to increase my victory.
Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.

But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.

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Re: Do you read Whitepapers carefully??
« Reply #173 on: December 03, 2024, 07:34:52 AM »
Well, that point is also what we have to learn, it does not mean that when successful we will never experience failure and even bankruptcy, so therefore we must continue to learn how to maintain that success.

Many people do not realize things like that and they end up failing. For example, in the case of professional football players who have high salaries and after retirement they become financially difficult, that means they failed to implement their financial management,
our lives are not constant in my country we have this quote where we say that the world is round and it keeps turning so that the ones at the top is not always at the top one day you might feel the weight of the world on your shoulders but it will not be forever if you just keep working hard you will soon find yourself receiving the results of all your hard work and when you are at the top of the world you need to make sure that you are able to hold on that for as long as you can or at least maintain a proper lifestyle that won't push you towards the bottom again

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Re: Do you read Whitepapers carefully??
« Reply #174 on: December 03, 2024, 10:19:58 PM »

Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.

But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
And of course, we have to use risk management so that the profits we get are greater than the losses.

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Re: Do you read Whitepapers carefully??
« Reply #175 on: December 03, 2024, 10:58:15 PM »
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
Riskier or not, it will depend on your knowledge and experience. If you have proper knowledge and experience in trading, it shouldn't be riskier. Sure both trading and investing have the risks, but the level of the risks will depend on the people who do it. As long as you know how to trade and invest in the right way, it won't be very risky, right? Actually trading or investing should require almost similar basic skills, especially it is related to technical and fundamental analysis.

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Offline doc

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Re: Do you read Whitepapers carefully??
« Reply #176 on: December 04, 2024, 09:18:09 PM »
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
Riskier or not, it will depend on your knowledge and experience. If you have proper knowledge and experience in trading, it shouldn't be riskier. Sure both trading and investing have the risks, but the level of the risks will depend on the people who do it. As long as you know how to trade and invest in the right way, it won't be very risky, right? Actually trading or investing should require almost similar basic skills, especially it is related to technical and fundamental analysis.
I agree with you, in trading and investing, it requires the same basic skills, both technical and fundamental analysis, only different strategies, all adjusted to our plan for trading or investing.
Everything must be at risk, that is the function of risk management, because the purpose of trading and investing is the same, to make a profit.

Offline JoyMarsha

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Re: Do you read Whitepapers carefully??
« Reply #177 on: December 04, 2024, 09:46:31 PM »
I don't think many of us focus on reading the whitepapers of the project we invest in. What's really our primary focus is to invest and make some quick gains in the short term. That's what counts for us, every other thing else wouldn't be that necessary since everyone is looking for the projects they will invest in, within the short term they will sell off all to invest in any other hype coins for other short-term profits.

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Re: Do you read Whitepapers carefully??
« Reply #178 on: December 05, 2024, 02:00:03 PM »

Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.

But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
And of course, we have to use risk management so that the profits we get are greater than the losses.
Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.

Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.

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Re: Do you read Whitepapers carefully??
« Reply #179 on: December 05, 2024, 03:07:15 PM »

Especially if it is something very risky like trading. Surely everyone will experience failure and I don't think there is anyone who has never experienced failure even in trading.

But they can learn from their mistakes so that it makes their next trade better than before. We have said here many times that we must learn from our mistakes and also never stop learning.
Trading is indeed riskier than just being a holder, who only buys when the price is low and holds it for a long time until the bullish season. Short and medium term trading is very risky, because we must have the right strategy and monitor market movements in order to see market trends. It takes good skills to become a professional trader.
And of course, we have to use risk management so that the profits we get are greater than the losses.
Risk management, financial management, emotional management are very important things to learn before being in trading. Because many people fail because of these factors.

Trading is full of risks that will make our emotions unstable, well this will be a new problem when we can't control it well. Instead of being able to focus on something we should do, we might actually do something we shouldn't do.
that's true because what you mentioned is what I often experience, because emotional management is often needed when trading.
sometimes there is doubt, panic and even greed that interferes with our focus in trading.
there are many things to learn by always practicing to gain experience and skills in trading.
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