Part 12/14:
Sharing personal anecdotes, the traders recount their past mistakes—such as over-leveraging, chasing altcoins, or selling too early—and the lessons learned. One experienced trader notes that some purchases, like mining infrastructure or early Bitcoin buys, turned out to be lucrative despite initial setbacks, illustrating that holding through volatility often pays off.
The narrative underscores that most traders lose money because they lack patience or fall prey to greed and fear. Proper risk management, patience, and abandoning overconfidence are highlighted as key to long-term success.
One trader recaps that early losses are tuition fees—necessary to internalize the discipline and understand market behavior.