As I explained two days ago, some people never fail. You know who? The ones who don’t do anything. As far as everyone else is concerned, mistakes are an essential part of the learning process.
That domain you overpaid for.
That deal you should have accepted but didn’t.
… the list could go on and on, all of these mistakes will ultimately help you be a better domainer.
If you’re afraid of mistakes, you won’t be on top of your game.
You’ll be too scared and we can’t have that.
I’m not saying you should be too optimistic, that’s wrong as well, all I’m saying is that you shouldn’t be afraid of mistakes.
Embrace them, treat them as a part of the learning process and each lesson (because that’s what a mistake ultimately is, a lesson you should learn from) will gradually help you be a better investor.