Acquired knowledge from cryptocurrency indulgence

wxa7115

hero member

Activity: 2702

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Quote from: Obim34 on March 09, 2024, 03:25:26 AM

Quote from: wxa7115 on March 09, 2024, 02:35:01 AM

It is because of this that sometimes I do not understand why the forum is not more popular, a great deal of the information that you can find on youtube or social media are lies or exaggerations that distort the truth.

But here, even if you can find that as well, the mistaken information is immediately challenged, so there is not much time for newbies to read incorrect information about the market, however I suppose that people prefer to believe the lies they are told there instead of actually listen to the truth here.

The forum has helped a lot of people including me, I remembered the days I keep on losing money trying to invest in Altcoins, it is very painful to remember because I believe if now I would not make such stupid decisions and will apply caution to my investment. We keep on learning every day both in the forum, outside and through someone's experiences or our past experiences that's a good step to acquire more knowledge.

Do not chastise yourself that hard, at the beginning it is very common for new investors to make mistakes, that is simply part of our journey since at the time it is difficult to distinguish what is a good advice from a harmful one.

The danger is that many investors never overcome that stage and they either lose everything or they get discouraged by their dismal results, only those that persevere and look for the truth can see past the lies they have been told and understand how this market really works.

Adreman23

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Activity: 1365

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Sugars.zone | DatingFi - Earn for Posting

I ventured into cryptocurrency in 2017, and since then, I've gained some experience and knowledge, as well as profits. One important lesson I can share is always prioritizing research on a project before investing, planting seeds during bear markets, and harvesting during bull markets. I've also unfortunately invested in some scam altcoin projects, deeply regretting why I exchanged my btc and eth for their tokens. However, I now consider this a valuable lesson in my crypto journey.

Obim34

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Activity: 224

Merit: 195

Quote from: wxa7115 on March 09, 2024, 02:35:01 AM

Quote from: Kelward on March 04, 2024, 02:39:09 AM

Joining this forum has been the biggest crypto decision that I've ever made, I've gained so much knowledge about how to secure my coins and if I had started my crypto investment journey before joining this forum, I'd have probably fallen for any scam project that is hyped on YouTube, without carrying out any research. As far as crypto goes, the best choice is definitely Bitcoin, I'd always hodle over %70 of my crypto investment capital in it, then I will spread the rest on altcoins that I think are reputable and will give me ROI as Bitcoin.

It is because of this that sometimes I do not understand why the forum is not more popular, a great deal of the information that you can find on youtube or social media are lies or exaggerations that distort the truth.

But here, even if you can find that as well, the mistaken information is immediately challenged, so there is not much time for newbies to read incorrect information about the market, however I suppose that people prefer to believe the lies they are told there instead of actually listen to the truth here.

The forum has helped a lot of people including me, I remembered the days I keep on losing money trying to invest in Altcoins, it is very painful to remember because I believe if now I would not make such stupid decisions and will apply caution to my investment. We keep on learning every day both in the forum, outside and through someone's experiences or our past experiences that's a good step to acquire more knowledge.

Makus

full member

Activity: 266

Merit: 187

Bitcoin!!

Quote from: Mate2237 on March 04, 2024, 09:39:56 AM

Op what you have said is very correct. Many people came with empty knowledge but got the knowledge here for the time being they have stayed in the forum. The forum always have two golden statement that you are here to learn and when you have gotten the knowledge then you are to pass or impact it to others. And yes many have gotten the knowledge and they are doing well here. I have not invested any project that I have regret from it. Everyone here though not all but 99% have the experience and knowledge in bitcoin and they are happy to be an investors in the project. So appreciation is always going to bitcoin.

If you want to invest, invest in a project that has the knowledge of a community and has listed for some Decentralized Exchanges. Not all the projects that are listed in the centralized exchanges are genuine.

Absolutely correct sir. I am a beneficiary of this forum in the sense that my knowledge about Bitcoin and cryptocurrency was fully established here in this forum, and that was possible because of the help and mentorship I received from you guys, who have gained so much knowledge in advance. And I believe there are many who also have the same experience with me.

They say experience is the best teacher, but learning from other people experience is much better and less expensive. You must not wait for it to happen to you before you avoid it. With the experience other persons have, that made me to make a decision not to buy any altcoin but to hold Bitcoin only, so I haven't had any regret of Lossing my fund via shitcoin or scam projects.

wxa7115

hero member

Activity: 2702

Merit: 704

Quote from: Kelward on March 04, 2024, 02:39:09 AM

Joining this forum has been the biggest crypto decision that I've ever made, I've gained so much knowledge about how to secure my coins and if I had started my crypto investment journey before joining this forum, I'd have probably fallen for any scam project that is hyped on YouTube, without carrying out any research. As far as crypto goes, the best choice is definitely Bitcoin, I'd always hodle over %70 of my crypto investment capital in it, then I will spread the rest on altcoins that I think are reputable and will give me ROI as Bitcoin.

It is because of this that sometimes I do not understand why the forum is not more popular, a great deal of the information that you can find on youtube or social media are lies or exaggerations that distort the truth.

But here, even if you can find that as well, the mistaken information is immediately challenged, so there is not much time for newbies to read incorrect information about the market, however I suppose that people prefer to believe the lies they are told there instead of actually listen to the truth here.

Mate2237

hero member

Activity: 700

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Eloncoin.org - Mars, here we come!

Op what you have said is very correct. Many people came with empty knowledge but got the knowledge here for the time being they have stayed in the forum. The forum always have two golden statement that you are here to learn and when you have gotten the knowledge then you are to pass or impact it to others. And yes many have gotten the knowledge and they are doing well here. I have not invested any project that I have regret from it. Everyone here though not all but 99% have the experience and knowledge in bitcoin and they are happy to be an investors in the project. So appreciation is always going to bitcoin.

If you want to invest, invest in a project that has the knowledge of a community and has listed for some Decentralized Exchanges. Not all the projects that are listed in the centralized exchanges are genuine.

Wildwest

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Activity: 1701

Merit: 308

Quote from: Thehallows on March 01, 2024, 11:05:00 AM

Every user here has gotten a certain amount of knowledge because of experience over the time that we have been in the cryptocurrency space
And there's no doubt that there are also users who haven't had half as much experience and knowledge as the others
What knowledge have you acquired or what particularly investment decision did you make that has shaped you into what you are ?
What project did you regret going into or regret not going into that you feel could have affected you positively
What project did you indulge in that you are thankful that you did or what project are you thankful that you didn't indulge in
Share with us, learn learn from you

We have a lot to be grateful for in cryptocurrency forums, it's simple, we have had extensive experience and obtained satisfactory results in every project we have undertaken.
Day by day, the world of cryptocurrency is becoming more and more well known among the lower class, even big investors have participated in the project, our main capital has gained a lot of knowledge and basic experience so that we can make a profit in cryptocurrency. Thank you, more and more, live it according to the rules that work, of course the business never betrays the results.

Kelward

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Activity: 364

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Eloncoin.org - Mars, here we come!

Joining this forum has been the biggest crypto decision that I've ever made, I've gained so much knowledge about how to secure my coins and if I had started my crypto investment journey before joining this forum, I'd have probably fallen for any scam project that is hyped on YouTube, without carrying out any research. As far as crypto goes, the best choice is definitely Bitcoin, I'd always hodle over %70 of my crypto investment capital in it, then I will spread the rest on altcoins that I think are reputable and will give me ROI as Bitcoin.

Troytech

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Activity: 98

Merit: 55

Very interesting topic OP, when it comes to investing in alt and sharing experience you would find that many have a lot to tell cause it's a very risky environment and lots of bitter sweet stories are told of how they either lost all their funds to scam projects or how they got that life changing profits from another project, I would just keep it simple it's hard to find out which altcoin is the best and what I've learnt is to always do your own research no matter what nay crypto influencer says about any project and only invest what you can afford to lose cause many good project that we thought would be the next died on the way and with our money, learn not to follow greed speaking from experience I know what greed had done to me in time past which I won't go into deep detail, most of all priotize security and self custody is the best.

batang_bitcoin

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Activity: 2968

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Eloncoin.org - Mars, here we come!

Quote from: wxa7115 on March 03, 2024, 01:06:13 AM

Quote from: batang_bitcoin on March 02, 2024, 05:57:58 PM

I just move on and won't dwell in the past. But if there's one that I regret, it's always been selling Bitcoins at the early stage of my holdings. They're quite hefty amount that I was able to buy early when I got in but that's okay. I still manage to sell them in profits before and used it for something better. That's the consolation that I can give to myself upon investing on it and that's why it's normal to sell at the times of need and never regret that you're able to do so because you used the money wisely. It's applicable to everyone that will always regret selling early and upon seeing the token they're holding, it soared high.

Sometimes we need to take difficult decisions that we may not like at the time, but as long as we do the best we can under those circumstances then there is no reason to regret anything as we could not have done things differently.

In my case, like most people I heard about bitcoin years before I bought any of it, a mistake without a doubt but one that I do not regret, because even if I had bought bitcoin as soon as I heard about it, I was not ready for it and most likely I would have sold my coins for a loss anyway.

Yeah, that's likely the situation of many that thinking if they've heard Bitcoin too early, they'd be rich by now. But no way, they'd for sure going to sell upon having like a jump of 10% and they'd say that I'm out of this bitcoin thing and I'll take my money back.
It's easy to say that because we all know the worth of Bitcoin nowadays but before, it wasn't as big as it is right now and that's why majority of us would likely sell whenever we've first heard and bought about it.

johnsaributua

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Activity: 812

Merit: 257

Eloncoin.org - Mars, here we come!

I agree that theory is difficult to memorize and simulation is not as flexible as imagined without daily experience. even I personally bought crypto a long time ago only armed with local cex and guides in the app. Depositing money with a small nominal and buying with basic trading knowledge on yotube a few hours, I do not regret the sweet experience.

For regrets, maybe I sometimes still have until now if I execute too quickly and it turns out that the price trend continues pump, Cheesy

it's human because maybe minutes can change in the opposite direction outside of analysis. I don't take it too seriously because I can be careless in a moment or will continue to hope when I analyze wrong. I better enjoy.

Ever-young

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Activity: 1176

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★Bitvest.io★ Play Plinko or Invest!

I have made lot of investment mistake in the past which have also sharpened my knowledge on this crypto space I have invested on the wrong projects and wasted money on them which have made me learn in the hard way, this time around I give my self time to study any project I want to invest my money on.

I don’t rush into new project because of hype or how they say the project is going to turn out to be, those are just what project owners wants us to believe, you need to do your own research in other to get what you really need to invest in and don’t ever leave the research for other to do for you do it your self and get the information you need that way you can invest in the right project.

Churchillvv

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Activity: 66

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Eloncoin.org - Mars, here we come!

Quote from: Volimack on March 03, 2024, 12:52:19 AM

There are many projects in crypto not all projects work in the same way and there are many fraud traps, so investors need to proceed with caution. Bitcoin is one of the best projects in crypto. There is no rigging in it and holding the investor for the right time creates opportunities for every investor. No risk for new investors both will earn good profit from here. Bitcoin is the best project I have ever seen.

Bitcoin is a paradigm itself that brought about every other coin, and it has proven itself several times so I don't longer consider it as a project to be mentioned in this kind of situation.

Maybe we can talk of Ethereum as an altcoin that has also done very well after Bitcoin, I think it's best fit for example here in the altcoin discussion.

Yes it's true that with the current rate of pump and dump coins in the crypto space has made alot of investors to be more cautious when gambling with their money in the cryptocurrencies.

Moreno233

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Quote from: Thehallows on March 01, 2024, 11:05:00 AM

Every user here has gotten a certain amount of knowledge because of experience over the time that we have been in the cryptocurrency space
And there's no doubt that there are also users who haven't had half as much experience and knowledge as the others
What knowledge have you acquired or what particularly investment decision did you make that has shaped you into what you are ?
What project did you regret going into or regret not going into that you feel could have affected you positively
What project did you indulge in that you are thankful that you did or what project are you thankful that you didn't indulge in
Share with us, learn learn from you

Knowledge in cryptocurrency is good and highly recommended but we must be careful not to think that knowledge of cryptocurrency is all that is needed to make a successful career in cryptocurrency investment. On several occasions it has been discussed that most great investors in cryptocurrency just had basic knowledge and not the highly sophisticated knowledge is need to be able to start investing and properly managing the investment.

I have learnt a lot be being in this forum and one thing I am always happy to have learnt from this forum and which has helped me a lot in my cryptocurrency career is the DCA method. It helped my to be able to buy small quantity of cryptocurrency but regularly unlike when I was waiting to have big amount of money to buy large quantity and in the end not being able to invest.

wxa7115

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Activity: 2702

Merit: 704

Quote from: batang_bitcoin on March 02, 2024, 05:57:58 PM

I just move on and won't dwell in the past. But if there's one that I regret, it's always been selling Bitcoins at the early stage of my holdings. They're quite hefty amount that I was able to buy early when I got in but that's okay. I still manage to sell them in profits before and used it for something better. That's the consolation that I can give to myself upon investing on it and that's why it's normal to sell at the times of need and never regret that you're able to do so because you used the money wisely. It's applicable to everyone that will always regret selling early and upon seeing the token they're holding, it soared high.

Sometimes we need to take difficult decisions that we may not like at the time, but as long as we do the best we can under those circumstances then there is no reason to regret anything as we could not have done things differently.

In my case, like most people I heard about bitcoin years before I bought any of it, a mistake without a doubt but one that I do not regret, because even if I had bought bitcoin as soon as I heard about it, I was not ready for it and most likely I would have sold my coins for a loss anyway.

Volimack

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Activity: 392

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★Bitvest.io★ Play Plinko or Invest!

There are many projects in crypto not all projects work in the same way and there are many fraud traps, so investors need to proceed with caution. Bitcoin is one of the best projects in crypto. There is no rigging in it and holding the investor for the right time creates opportunities for every investor. No risk for new investors both will earn good profit from here. Bitcoin is the best project I have ever seen.

batang_bitcoin

hero member

Activity: 2968

Merit: 600

Eloncoin.org - Mars, here we come!

I just move on and won't dwell in the past. But if there's one that I regret, it's always been selling Bitcoins at the early stage of my holdings. They're quite hefty amount that I was able to buy early when I got in but that's okay. I still manage to sell them in profits before and used it for something better. That's the consolation that I can give to myself upon investing on it and that's why it's normal to sell at the times of need and never regret that you're able to do so because you used the money wisely. It's applicable to everyone that will always regret selling early and upon seeing the token they're holding, it soared high.

bluebit25

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Activity: 1638

Merit: 292

Eloncoin.org - Mars, here we come!

Quote from: Thehallows on March 01, 2024, 11:05:00 AM

(...)
Share with us, learn learn from you

I am very grateful for the opportunity to participate in the potential crypto market and help me learn many new things. Since learning about Bitcoin, that journey has really helped me learn more skills at work and also knowledge about society. I remember the time when I was skeptical about Bitcoin as a scam, but after sitting down to research, I realized that I had completely misunderstood it. The process of accumulating knowledge and the lessons of success/failure in investing has brought me a comfortable life, and that gratitude really cannot be expressed in ordinary words. Indeed, I highly encourage people who are looking for job opportunities to try learning about crypto as it will bring a very different perspective to how things work in life.

snowpega

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Activity: 350

Merit: 190

It has been one year since I have been in the crypto space and from that time I am just holding. The majority of my investment is in Bitcoun and the minority of my investment is in altcoins. So, for now, what I learned so far is that Holding assets has less risk on our investment we can lose or gain but if we are not comfortable with loss we can hold it for the long term until it gives us profit.

Besides this, from the time I have been in the crypto space I have taken trades two times which were day trades and both trades returned me nearly 2x profit I have a very small holding that why I am not doing any trade after this bull season I will see if I have to start trading I will start with small amount at the beginning. Actually, trading has risks to our investment that's why firstly I will start from a small amount if it goes well I will start to do more. Although it is so true that all trades are not successful if the majority of my trades will return me a good reward I will start to take trades accordingly.

Dailyscript

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I don't think it is all about indulgence; I feel commitment and practice give you better knowledge of how things work in the crypto space. I have participated in a lot of crypto-related projects. Some failed along the line, while others were successful. So, right now, the level of knowledge gained from those experiences has helped me understand and know what is right and wrong, what to do and not do. This has helped me shape my investment lifestyle and has been worth it. If there is a better way to express how happy I am because of the knowledge I have gained from crypto, i would do it.

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