A mistake you would surely regret - page 2.

DaNNy001

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Quote from: Ojima-ojo on April 03, 2024, 07:23:08 PM

Should we say the bull movement is over yet or the party is about to get started, because what I can see is a mainstream price lump up and for now the correction is still very much ok for Bitcoin and 66k is way high price enough, although those that jump in when the price was above 72k have made a lot of lost since then, but the fact that Bitcoin is not for short term base makes it mandatory for them to wait and not be in a rush to exchange back there investment.

We hard Bitcoin ETF approval in 2024, and also Bitcoin halving Around the corner with it essential ability to push the price forward.

I can you tell you that with this little set back so many people that aren't fully acquainted with the market have started fearing that the bull is over and they have even started resulting to sell off their coins but if you are with the thought that Bitcoin isn't a short term investment then you would understand that the market is actually just warming up towards the major events that is up ahead. Past records show that the halving is actually a good time for Bitcoin investors because after it comes the big bull that pumps so high and I hope this time around still turns out the same.

Hamza2424

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Quote from: Mrcool75 on March 29, 2024, 02:20:39 PM

In 2017 when I came to know about bitcoin, its price was very low. Currently it costs 70000+. At that time 2017 I should have bought some bitcoins. I regret it now.

Now it the biggest digital asset trading in the market with the biggest market capital. Not only you, Now many urge to buy it but I do not know why there are so many investors are rushing to buy it now they should have bought it when it was trading at a very low price but this is so true that People follow trends they do not follow or take action on anything until it comes into the trend but the time they take action it gets too late for example for a current market condition many are interested to invest. I am not saying that investing in the current time will not make a profit for them I mean to say that they can make even more profit if they have bought when it was trading at a lower price.

Besides this, haha you are not the only one person who is feeling regret of not buying you will find so many stories on social media out there many still feel too much regret about why they did not buy Bitcoin when it was trading for only cent but now what can they do? haha... only regret missing the golden opportunity of buying at low.

freedomgo

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Quote from: Sanitough on April 02, 2024, 06:50:39 PM

Quote from: boyptc on March 25, 2024, 06:23:15 PM

There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

You're right indeed. Your money, your rules, so you can chose to invest on your own. However, trying to invest in a variety of altcoins will never guarantee multi profits. Instead, it will only make you more susceptible to losses most especially if you ended up investing in the wrong coins. The risk to lose is certainly high, once you entrusted your funds more into altcoins than bitcoin.

Exactly. Don’t fall for altcoins most particularly when there is bull run as you are increasing your risk to lose from buying them at a high price, as there are no guarantees that they will continue to gain higher price but may suddenly dropping their prices anytime. Instead, stick to bitcoin.

However, if you are interested to buy altcoins, buy when the market is bearish at a minimal amount. That way, even if you lose in the future, at least you only lose few of your funds, so that won’t be a big deal for you.

Ojima-ojo

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Should we say the bull movement is over yet or the party is about to get started, because what I can see is a mainstream price lump up and for now the correction is still very much ok for Bitcoin and 66k is way high price enough, although those that jump in when the price was above 72k have made a lot of lost since then, but the fact that Bitcoin is not for short term base makes it mandatory for them to wait and not be in a rush to exchange back there investment.

We hard Bitcoin ETF approval in 2024, and also Bitcoin halving Around the corner with it essential ability to push the price forward.

Sanitough

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Quote from: boyptc on March 25, 2024, 06:23:15 PM

There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

You're right indeed. Your money, your rules, so you can chose to invest on your own. However, trying to invest in a variety of altcoins will never guarantee multi profits. Instead, it will only make you more susceptible to losses most especially if you ended up investing in the wrong coins. The risk to lose is certainly high, once you entrusted your funds more into altcoins than bitcoin.

GeorgeJohn

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Quote from: Helena Yu on March 11, 2024, 06:30:10 AM

Quote from: Troytech on March 11, 2024, 06:02:53 AM

it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

It's way better to only own Bitcoin. Wink

for investment in cryptocurrency I think that it is right to have a different portfolio so that it will not really affect you when the price of Bitcoin decreases in the market that is why you need to have a different portfolion of coins in your investment having Bitcoin only cannot give you a profit as much as having different coins like three or four coins in different portfolio, it is obvious that a good investor in cryptocurrency always invest in altcoins that have a good potential, so I've not seen anything wrong for someone to have up to 5 different coin in different portfolio.

So investing in only Bitcoin is also advisable because of it potentiality and the eat reputation so many people who is investor do not bag their eggs in one basket the share their eggs in different basket in case of unwanted and Unexpected accident that is why investors do diversify their income also their investment so that when it affect one others will continue to survive.

Natalim

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Quote from: Troytech on March 11, 2024, 06:02:53 AM

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Yes, greedy people often change their decision especially if someone gives them an offer to earn x1000. Many people have fallen into such a trick and believe this will happen after investing in a scam project. Maybe not often but many times that these words are just ignored. And why? Because we have been driven by our greed and too much love of money thinking that investing in crypto/shitcoins will make us instant rich. And believing that the more we invest in crypto, the more money we get. Not really a wrong decision but it should be put into promising projects like BTC and ETH for some profit assurance, not in shitcoins.

Bd officer

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Where there is greater profit, there is greater risk. So you never get too greedy and invest in various shit coins of the market. If you want to be risk free then invest in the most popular and trusted coin Bitcoin, investing in Bitcoin gives low profit but the risk is very low. You can invest some amount in Ethereum along with investing in Bitcoin, Solana MATIC BNB DOGE can be invested in such popular coins. But the best is to invest in Bitcoin. If you invest in Bitcoin and hold it for a long time, you can earn a lot of profit.

Zanab247

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If you know how to apply research on any new projects in the market before investing your money, it will make you not to make mistakes that will make you to experience losses from your investment because, you will know if the project is real or not through the population of investors around such projects.

No matter what you do to open other people eyes not to invest in scam projects, you will surely see some newbies around such projects and there is no words you will use to convince them that the project they are about to invest their money will cause them to lose money.

Tmoonz

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To every action there is an equal an opposite reaction, every man will be solely held responsible for any of his or her actions as regards to investments options and choices, although am not in support of having so much involvement in coin rather look for very few if not one and. Channel your energy and resources, it is very important to make an informed decisions as regards to investments. Whic will definitely varies from individuals.

Hypnosis00

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Quote from: Troytech on March 11, 2024, 06:02:53 AM

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Many people have failed because of such ways of investing.
Knowing and Identifying the right investment for us is perhaps necessary. That is why I suggest not taking it easy on investing or trying to trust someone who promotes a good-to-be-true investment because this is one factor why we fall into scam projects. If not in a scam, still a factor that leads us to losing ends as we don't have any idea how to manage it. But the safest way to invest is simply buying bog projects that have already been in the market for so long. Their existence is our assurance, though not 100% at least, their performance gives us reason to trust.

Buying Bitcoin is better than buying 100 shitcoins/altcoins.

CageMabok

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Quote from: Mrcool75 on March 29, 2024, 02:20:39 PM

In 2017 when I came to know about bitcoin, its price was very low. Currently it costs 70000+. At that time 2017 I should have bought some bitcoins. I regret it now.

There is no need to regret the past, because you still don't lose the opportunity to get Bitcoin and also profit through Bitcoin from now on. And I see that you have just entered this forum so you can immediately have a discussion here while learning many things that you may not know yet and if you already know enough about Bitcoin and also know it well. I think you can use some of your cold cash to buy Bitcoin and hope that you don't regret it later like you feel now when you didn't want to buy Bitcoin in 2017.

Mrcool75

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In 2017 when I came to know about bitcoin, its price was very low. Currently it costs 70000+. At that time 2017 I should have bought some bitcoins. I regret it now.

fullhdpixel

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Quote from: Makus on March 23, 2024, 08:48:30 AM

If you go to the altcoin board right now, you'll see some threads in form of questions like, have altcoin bull started, and most of this thread are created by newbies who heard how some altcoins has given some investors a x100 profit without them knowing the basics of how a this things happen or coin that this things happen to. Its always good to conduct strick research on coin we aim to invest in before making any move for investment and not the other way around.

Mostly, people in the market, especially newbies, face losses because they make investments just by hearing things from here and there, and don't do any research from their side which is why most of their investments fail in the long run, and when that happens, they start blaming the industry, trading, predictions, and everything else. When you don't do research and make an investment just like that, there is more than a 90% chance of you losing money.

I think a wise and mature person would never make an investment just because they have heard positive things about something, they would always conduct some research, check its history and present, see how it's doing in the market, and then if they are satisfied, they may go for investing in that project.

Gormicsta

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Quote from: Troytech on March 11, 2024, 06:02:53 AM

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

I like your emphasis on the significance of prioritizing quality over number when deciding which ventures to invest in. Because too many people become obsessed with diversifying their investment holdings by investing in as many initiatives as possible, which may actually raise their risk. It's best to focus on a few tasks and completely hold them rather than attempting to separate yourself too thin.

I also believe it's fantastic that you underlined the need of investing just what you can afford to lose. This is such a crucial aspect, and it's so easy for individuals to get carried away and invest more money than they can afford.

Ricardo11

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If you want to invest, it must be a good investment, because if your hard-earned money is lost due to wrong investment, it will be very sad for you and you will be broke. There are many types of Shit coins in crypto which often turn out to be fake. So you must invest in good coins which will give good returns later on, you invest in bitcoin for long term and hold it for long time, and forget about it for some time. After holding for a long time you will see that you have got a very good amount of return from Bitcoin. Everyone believes that Bitcoin will cross 120k in the next bull run and it will definitely happen. Invest what you can afford to lose and hold for a long time and you will surely get profit.

lionheart78

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Quote from: Troytech on March 11, 2024, 06:02:53 AM

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

We cannot deny the fact that when Bitcoin rallies and has its bull run, the whole cryptocurrency industry became hyped, and most of the time any coins that ride the hype of Bitcoin get pumped, so we cannot remove the belief of many investors about this matter. For precaution, people should know when to sell their coins if they are into shitcoins because we know that the hype of these kinds of coins often times a one-time event and then get crash to oblivion.

Quote

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

The truth is, it is hard to know whether an emerging coins is legit or a scam even with the red flags, many altcoins have existed until now while those that we thought were legit sometimes file bankruptcy or scam their holder just like what happened on some infamous project like FTX.

Quote

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

This is the most important matter. One should invest an amount that will not affect their life even if their investment flops.

sotelorene

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Quote from: Troytech on March 11, 2024, 06:02:53 AM

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Well to be honest investing in every project many not be a nice idea but sometimes I think is good because you can't really tell if something is genuine or not at all time. Anyone who wants to participate in every project there is an advantage and disadvantage and anyone who chose not to there's also an advantage and disadvantage. The advantage of investing in every project is that if it happens the way you invested it to be, boom for you, but if it doesn't you lose huge amount of money that is the disadvantage and if someone chose not to invest in every project the advantage is that you won't lose anything but if the project work out well you will regret. Just like Bitcoin, no body knew it will be like this so those that invested in it are enjoying it now and those that knew about it and didn't invest are regretting till tomorrow. We know some risk are not worth to be taken but we have to take it sometimes, if life itself is a risk why scared of taking risk.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Hamza2424

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Quote from: Troytech on March 11, 2024, 06:02:53 AM

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Hmm, I think that this post should be in the altcoins section as you are taking and advising about the altcoin project which is newly launched in the marker. Anyway, In my humble opinion, and what I have learned from my own experience investing in newly launched projects is a kind of risky action we should invest in any altcoin project until we don't see them as a strong project on the basis of future value. Well, investing in any newly launched project which means just after the time when it is listed on any exchange is a big risk to the investment. We should wait to check the price fluctuation and once it gets listed in the future trading section as well which means the chances of coming amount volume will be high.

Then we can make entries in that project with the only amount we can bear in the condition we lose otherwise newly launched projects must be avoided in my opinion. Many of people believe that new projects have high demand in the current market and they also make big losses in terms of when the market crashes of that particular coin. I would say use my opinion as a reference point of view for at my experience. DYOR!

boyptc

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There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

Topic: A mistake you would surely regret - page 2. (Read 1053 times)