99% will lose everything in Crypto. Are you smarter than a 5 year old? - page 2.

skarais

legendary

Activity: 2464

Merit: 2094

Quote from: muenze on February 04, 2021, 09:09:14 AM

Honesty and being unbiased can never be an insult to a serious investors.

You know what happens in a crash? 99% of people lose. See Corona in 2020 only ones who got richer
are the 0,1% the wealthy. Its because the MASS never makes rational decisions.

So what people on Bitcointalk often do is have a poor people mentality. They dont trust their own
opinion and they dont put the effort to find LOW MARKET CAP HIGH QUALITY PROJECTS

Like maybe KoinOS. Did you watch the videos of the devs or read their whitepaper?

Most people just run with the lemmings and jump from the cliff into ETH which already
proof it can crash by 95% and more making 99% of people lose all their money this cycle
never ends and only the rich get richer.

Crypto was created so the poor people have the power. But you give up your power if you
go in expensive projects with the mass. You want to SELL your cheap coins once the mass
is in it.

Its 100% obvious and objective, the only crypto millionaires are those who saw chances
and opportunity EARLY.

Please do as well as you want and what you believe in. But you can't force and even change people's perspective to do what you do. If you have your own way of making a profit of up to thousands of percent on the altcoin you believe have potential, then you just have to wait for the right time to make a withdrawal and enjoy your profit.

There is nothing wrong with trading and investing in altcoin that are proven to provide returns in the short and long term like ethereum and other well-known altcoin. Did you forget that these people could still sell their altcoin if the price dropped and would take a bit of a loss by cutting the losses ?
All major altcoin today have large user communities, which will give them the strength to last longer in the market even when the price dump rapidly. The price will recover and you cant blame this fluctuation. Do what you want and let these people determine how they will profit. Their money is their responsibility.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Smart and wise people will never go along with the hypes but wait when the market dumps, and invest. Those who buy crypto during the bullish a big chance to lose. 2017 bullish season serves as an example where many jumpers, beginners are into Bitcoin investment because they think that it continues to pump high but what happens after reaching $20k gives a surprising end.

Can't people think that way? Or they are just a perma bull that can't even think about dumping.

qwertyup23

hero member

Activity: 2268

Merit: 789

Quote from: DeathAngel on February 01, 2021, 02:32:43 PM

Some people just like to make more money over time than their savings would make in crappy fiat banks. You mentioned a 150% return on ETH as a possibility, which probably will happen this year or certainly within the next few years. Where else can you get a 150% return in traditional fiat investments? You certainly won’t get it from an average mainstream banking savings account, especially now.

Throwing money in to new alts is risky. I’m 100% bitcoin any way but i understand why people buy ETH etc.

I highly agree with your statement.

Some altcoins, like ETH, XRP, etc. can be considered as a "safe investment" since they have proven itself on the market every bull run. In the case of new altcoins, however, they are definitely risky. While it may seem appealing to invest into new altcoins especially if they offer very promising returns or ideologies, they are still risky as anyone can just run away with the invested capital.

Bitcoin will still be the reigning cryptocurrency even to the years to come. Purchase and HODL it for long-term for maximum profit at the end of the day.

Sendi blackspade team

full member

Activity: 941

Merit: 100

Quote from: ?? on ??

Quote from: muenze on February 04, 2021, 06:16:56 AM

Thats only partly true. Its not a casino. You can do a lot of research on small projects and spread your money. Just I think most are not willing to take the risk or dont understand basic math. Even if you only invest 1% of your ETH into a small project. It can easily bring you more profit than all your ETH. Now if you are smart you put your money on several small projects

Even then, if the small project can be maximally successful, if it is not successful, then it is tantamount to throwing ETH into a useless place, in fact the investment is not a small matter or the size of a project, but rather the potential success of a project itself, so that all people can trick their money into any project as long as it's good.

simply crypto investing for people who are new to crypto is a gambling game. we just predict and the future market answers. different for people who are already professionals in the crypto market either trading or investing. although they do not rule out the possibility of getting a loss, what they have done is to minimize the risk and increase the potential profit.
new projects or old projects that are already on the market from my point of view have risks and potentials. it all depends on how we process everything so that it becomes an advantage.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

Well you can't blame people from what you asked, some have the lazy mindset of "meh it will have price correction, better invest later than now."
I had read a thread in here before wherein they said that "First best time to invest was 10 years ago and second time is now". Quite the enthusiasm
actually.
I hope that many people still have that kind of mindset these days.

muenze

full member

Activity: 224

Merit: 157

Quote from: Sanitough on February 04, 2021, 06:57:43 AM

That figure (99% dumb money) are an insult to investors

Honesty and being unbiased can never be an insult to a serious investors.

You know what happens in a crash? 99% of people lose. See Corona in 2020 only ones who got richer
are the 0,1% the wealthy. Its because the MASS never makes rational decisions.

So what people on Bitcointalk often do is have a poor people mentality. They dont trust their own
opinion and they dont put the effort to find LOW MARKET CAP HIGH QUALITY PROJECTS

Like maybe KoinOS. Did you watch the videos of the devs or read their whitepaper?

Most people just run with the lemmings and jump from the cliff into ETH which already
proof it can crash by 95% and more making 99% of people lose all their money this cycle
never ends and only the rich get richer.

Crypto was created so the poor people have the power. But you give up your power if you
go in expensive projects with the mass. You want to SELL your cheap coins once the mass
is in it.

Its 100% obvious and objective, the only crypto millionaires are those who saw chances
and opportunity EARLY.

Sanitough

hero member

Activity: 2856

Merit: 674

That figure (99% dumb money) are an insult to investors, what do you think of us, we don't understand what we are doing?

Let's say if we have 1 million users of crypto, so you are saying that 10k only are smart money or smart investors? I think that is too unrealistic.

We maybe make mistakes and I can call it a normal thing but some of us will certainly learn from their mistakes and will recover that loses eventually.
Investing is not only one time, you can do it more often if you feel consistent already.

mindrust

legendary

Activity: 3276

Merit: 2442

You are picturing the whole crypto space as a ponzi scheme.

If you don't see any value in ETH in particular, then you are completely right. It doesn't make sense to invest in it from an investors point of view while there are many others with a bigger potential.

But then what makes your shitcoin banano special? Nothing. (other than being dirt cheap)

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Every day, new coins appear on decentralized exchanges, the price of which is several dollars and each of which has all the chances to increase in price several times. I like to use Binance Smart Chain for buying new coins, which has a commission of a few cents, unlike the ethereum network. Thus, the commission cost will not exceed the cost of the purchased coins, and will allow you to buy a small number of new coins

muenze

full member

Activity: 224

Merit: 157

Quote from: inanilujimi on February 02, 2021, 10:40:47 PM

there is nothing wrong with trying to find a new project to get more profit than other popular altcoins, but keep in mind that if the project is very prone to fraud, keep in mind that the bigger the profit the greater the risk of loss.

Thats only partly true. Its not a casino. You can do a lot of research on small projects and spread your money. Just I think most are not willing to take the risk or dont understand basic math. Even if you only invest 1% of your ETH into a small project. It can easily bring you more profit than all your ETH. Now if you are smart you put your money on several small projects

Festac

member

Activity: 210

Merit: 10

It's all about learning lessons, those who are new to crypto will surely take some wrong step before they get things right, it happened to me in the past, I used over two years buying crap coins and 99% of these coins are dead, still I don't give up and today I finally know the difference, if you don't give up you will eventually get more knowledge

FairUser

sr. member

Activity: 1344

Merit: 264

bit.ly/3QXp3oh | Ultimate Launchpad on TON

The only thing I feel here is that you are often more interested in news that the facts about what the projects are about. Agree that news is bringing about a huge growth during this period, but with it there will be many unauthenticated sources and very dangerous if you are not able to notice this, surely You will definitely swing the top, you will lose money, and you will hardly be happy with this market.

Shallow

sr. member

Activity: 938

Merit: 255

SmartFi - EARN, LEND & TRADE

You have spoken your mind but when people remember what they have passed through in the hands of many scam projects or shitcoins they will prefer to stay or invest with good coins. It is quite true that some cheap tokens have the potential of giving high profits, at the same time, it is also true that a good number of them can easily exit scam or the team find reasons to abandon the project, hence the reason we have a higher number of dead coins and tokens in the market, hence the question of what happened to the investors that invested because they believed. Also, the reason why many people believe that most new or cheap projects are not worth it is because of their experiences where they dumped and never came up again, take a look at most dead projects you will understand better and also understand why Ethereum and so on are far better.

niisarearning

sr. member

Activity: 910

Merit: 252

Quote from: muenze on February 01, 2021, 01:34:57 PM

I get so mad at this. I made x50 on a lot of projects like Link, Verge, Aave(ETHLEND), Nano, and I know other crypto billionaires did the same way before me on BTC and ETH and even Doge.

But the reason we made these insane profits is we bought projects CHEAP. None of the crypto billionaires bought projects EXPENSIVE. Like Ripple, ETH, Link or Doge are now.

If you want to make $500k from $1000 you need to buy EARLY projects before they are big. And that is the beauty of crypto. Even the poor guy can make a fortune if he spots the rights projects while they are still cheap.

Like KoinOS which was made by the Steem DEVS (they had a hostile takeover by Justin Sun from TRX and were so mad they started Koinos). Koinos is still at only $0.03 a coin with a marketcap of around $3 million. Its CLEAR this will go to $50m or even more. So for every $1000 you put in you will get $50k$ back if it succeeds. I dont see how it cant succeed with having some of the best blockchain devs in their team.

Same for BANANO which is a fork of Nano. Nano(RAIBLOCKS) was distributed for free here on Bitcointalk back in the day. But now its expensive. However Bananao is still cheap at only ~ 2 Million Market cap also. Why would you buy NANO now??? I see people on reddit shill Nano to death but why? Because they got Nano for 1 cent? Well do you really think that will benefit you? How about buying Banano now for 1 cent Huh

?

Why do people in crypto not get this? If you want to get rich with ETH it would need to go to $3mil for 1 eth. Or you will have needed to buy ETH for $0.25 as many did.

Buying ETH now for $1300? Lol Whats the point? Ok maybe it can go to $3000 and you gain about 150% but what about those who bought it for $0.25 gaining 10029292010% ? Dont you want the same? So look at KoinOS and Banano and other promising LOW MARKETCAP PROJECTS.

I clearly understand your trying to marketing some of the coin your holding apart from the BANANO coin forked from NANO what value it holds whats its Usecase . Aave ( Ethelend ) created wealth because its the biggest name in Defi platform holding more than 3 billion asset in platform . You can check in aave website . Also they made easy fro Defi lending

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: aryana42 on February 02, 2021, 07:18:30 AM

Quote from: freed.james33 on February 02, 2021, 06:21:46 AM

So you're suggesting to buy some coin/token while it's on ICO price? We all know that buying those "LOW MARKETCAP PROJECTS" is just nonsense. I only trust these coins/tokens: BTC , ETH , XRP , LTC , BCH .

True, now that kind of thing doesn't make sense anymore because the ICO project doesn't have a good enthusiast in crypto, so the risk is much bigger if someone buys it, so it's clear in this respect that trusting these coins / tokens: BTC, ETH, XRP , LTC, BCH are very sensible things.

I really think that the best course of action is not to buy at the ICO price but not also ignore them completely neither. I mean at the end of the day we are talking about crypto here and you do not know which one is legit and which one is scam so you shouldn't really think that all of them are bad suddenly and give it up.

I personally think that if you check each coin at the pre-sale prices you will find some that are good. I found some just this month for example and I invested to it few months ago but it came out on the uniswap this week and it worths a decent amount of money, unfortunately I invested just 10 bucks so I didn't made a good return, but having 3x return means if someone invested 1000 dollars they would have gotten 3000 dollars back in just one month because some coins are just good. I am not saying invest into all of them, just do not ignore them.

inanilujimi

sr. member

Activity: 1876

Merit: 259

there is nothing wrong with trying to find a new project to get more profit than other popular altcoins, but keep in mind that if the project is very prone to fraud, keep in mind that the bigger the profit the greater the risk of loss.

hayden.blank

newbie

Activity: 21

Merit: 0

Quote from: freed.james33 on February 02, 2021, 06:21:46 AM

Quote from: muenze on February 01, 2021, 01:34:57 PM

I get so mad at this. I made x50 on a lot of projects like Link, Verge, Aave(ETHLEND), Nano, and I know other crypto billionaires did the same way before me on BTC and ETH and even Doge.

But the reason we made these insane profits is we bought projects CHEAP. None of the crypto billionaires bought projects EXPENSIVE. Like Ripple, ETH, Link or Doge are now.

If you want to make $500k from $1000 you need to buy EARLY projects before they are big. And that is the beauty of crypto. Even the poor guy can make a fortune if he spots the rights projects while they are still cheap.

Like KoinOS which was made by the Steem DEVS (they had a hostile takeover by Justin Sun from TRX and were so mad they started Koinos). Koinos is still at only $0.03 a coin with a marketcap of around $3 million. Its CLEAR this will go to $50m or even more. So for every $1000 you put in you will get $50k$ back if it succeeds. I dont see how it cant succeed with having some of the best blockchain devs in their team.

Same for BANANO which is a fork of Nano. Nano(RAIBLOCKS) was distributed for free here on Bitcointalk back in the day. But now its expensive. However Bananao is still cheap at only ~ 2 Million Market cap also. Why would you buy NANO now??? I see people on reddit shill Nano to death but why? Because they got Nano for 1 cent? Well do you really think that will benefit you? How about buying Banano now for 1 cent Huh

?

Why do people in crypto not get this? If you want to get rich with ETH it would need to go to $3mil for 1 eth. Or you will have needed to buy ETH for $0.25 as many did.

Buying ETH now for $1300? Lol Whats the point? Ok maybe it can go to $3000 and you gain about 150% but what about those who bought it for $0.25 gaining 10029292010% ? Dont you want the same? So look at KoinOS and Banano and other promising LOW MARKETCAP PROJECTS.

So you're suggesting to buy some coin/token while it's on ICO price? We all know that buying those "LOW MARKETCAP PROJECTS" is just nonsense. I only trust these coins/tokens: BTC , ETH , XRP , LTC , BCH .

those low marketcaps could be a good one in the future, it all depends on how the projects development goes. Ive seen good low market cap projects go pump and maintain its position in the market but I agree that those 5 are indeed the best investments you can have right now specially eth and btc

Eco_111

member

Activity: 210

Merit: 14

Shit coins will always be shitcoins either you buy low or you buy high, the most important investment advice is to buy good altcoins, those who invest in altcoins when they are high still makes lots of money out of them, years ago the ATH of BTC was 19k and this year BTC did 47k, strong coins will always bring profits

aryana42

sr. member

Activity: 1190

Merit: 251

Quote from: freed.james33 on February 02, 2021, 06:21:46 AM

So you're suggesting to buy some coin/token while it's on ICO price? We all know that buying those "LOW MARKETCAP PROJECTS" is just nonsense. I only trust these coins/tokens: BTC , ETH , XRP , LTC , BCH .

True, now that kind of thing doesn't make sense anymore because the ICO project doesn't have a good enthusiast in crypto, so the risk is much bigger if someone buys it, so it's clear in this respect that trusting these coins / tokens: BTC, ETH, XRP , LTC, BCH are very sensible things.

freed.james33

newbie

Activity: 14

Merit: 0

Quote from: muenze on February 01, 2021, 01:34:57 PM

I get so mad at this. I made x50 on a lot of projects like Link, Verge, Aave(ETHLEND), Nano, and I know other crypto billionaires did the same way before me on BTC and ETH and even Doge.

But the reason we made these insane profits is we bought projects CHEAP. None of the crypto billionaires bought projects EXPENSIVE. Like Ripple, ETH, Link or Doge are now.

If you want to make $500k from $1000 you need to buy EARLY projects before they are big. And that is the beauty of crypto. Even the poor guy can make a fortune if he spots the rights projects while they are still cheap.

Like KoinOS which was made by the Steem DEVS (they had a hostile takeover by Justin Sun from TRX and were so mad they started Koinos). Koinos is still at only $0.03 a coin with a marketcap of around $3 million. Its CLEAR this will go to $50m or even more. So for every $1000 you put in you will get $50k$ back if it succeeds. I dont see how it cant succeed with having some of the best blockchain devs in their team.

Same for BANANO which is a fork of Nano. Nano(RAIBLOCKS) was distributed for free here on Bitcointalk back in the day. But now its expensive. However Bananao is still cheap at only ~ 2 Million Market cap also. Why would you buy NANO now??? I see people on reddit shill Nano to death but why? Because they got Nano for 1 cent? Well do you really think that will benefit you? How about buying Banano now for 1 cent Huh

?

Why do people in crypto not get this? If you want to get rich with ETH it would need to go to $3mil for 1 eth. Or you will have needed to buy ETH for $0.25 as many did.

Buying ETH now for $1300? Lol Whats the point? Ok maybe it can go to $3000 and you gain about 150% but what about those who bought it for $0.25 gaining 10029292010% ? Dont you want the same? So look at KoinOS and Banano and other promising LOW MARKETCAP PROJECTS.

So you're suggesting to buy some coin/token while it's on ICO price? We all know that buying those "LOW MARKETCAP PROJECTS" is just nonsense. I only trust these coins/tokens: BTC , ETH , XRP , LTC , BCH .

Topic: 99% will lose everything in Crypto. Are you smarter than a 5 year old? - page 2. (Read 584 times)