It is certainly clear, people would always think of their selfish interest first and this is not only related to the world of cryptocurrencies. Before you tell someone to spend his/her money on a project, you should be convinced without reasonable doubt that the project you are promoting is very feasible so the person don't up with loses.
The fact is that Technical analysis has always been the most important activity in the cryptocurrency market, but as always it was the most difficult of all the necessary actions that were needed for each user of cryptocurrency. In any case, if you have confidence in this or that project, then you need to make a choice in its favor unequivocally. 
Topic: Can we just point out the obvious? (Read 445 times)
It is certainly clear, people would always think of their selfish interest first and this is not only related to the world of cryptocurrencies. Before you tell someone to spend his/her money on a project, you should be convinced without reasonable doubt that the project you are promoting is very feasible so the person don't up with loses.
This is all correct technology is good, but so far raw and young and can not show the ideal conditions. Now the main thing is not to lose the strongest adherents, so that later will not dangle in constant weightlessness and impermanence.
isn't that already a risk in investing with crypto currencies and by knowing the risk that investors are far more able to have the confidence and patience that is strong enough to invest with crypto currency
You need to know that you will definitely get advice like that from people and there will be so much hype at the end of the day to create FOMO and other things in the market so in the end learn to decide for yourself base on your own point of view take hype as just what it is and dont take actions based on it
back in the day people mostly used crypto because of the tech and the anonymous payment. be happy that the coins are now in a stable phase you can use them for payments. the greed came with the hype. all then it was all about profit profit profit. just be happy. the bottom is reached and it can still rise. there is much space for growth. just stop with that standart thinking that crypto is here to make profit.
Wise talk, and there will be a point in future where we will all have to return back to days we use to strictly see crypto as payment system before the loop hole was being seeing by those who doesn’t want the decentralized objective to be achieved, and took advantage of that loop whole to make it look like it is an investment scheme.I really cannot wait for the point in time where everyone would have adopted the use of cryptocurrency and the coin become stable without much volatility, these is the point where we can all start recognizing its usefulness again but before then, let me still make my own profit too via trading.
So a lot of us have these highly optimistic views towards crypto and bitcoin, this is fuelled by nothing more than the desire to make money from something which has had it's day.
First before we go telling new people to buy now can we just stop and think about the impact you would feel if a selfish person gave you bad advice and you ran with it? Now what if a group are telling you? You'll lose complete confidence in the market you're trading on and likely move on with a sour taste.
No one on here has any idea when things will turn and it's all hope and optimism with no basis, we need a reason for things to turn and currently we don't have a reason, the big investors that pushed the price up did so because they had faith in where this technology could go, but sadly 2017 demonstrated a big failure in one of the most important areas being efficiency, if those recall how expensive bitcoin transactions got and how slow they became late 2017 you'll get this point and understand why we crashed, as it is now Bitcoin still has these issues and cannot scale well, we have solutions in the works like lightning network and other altcoins working on scalable solutions, but where it stands now we have no reason to go up, so please stop telling people it's about to change.
It's still not a bad time for beginners to put in a small amount and learn via day trading and research, I recommend doing so..but I do not recommend throwing big money at anything right now.
Myself I'll throw more money in when I see a successful roll out of the lightning network taking place, if we can get past the efficiency issues confidence will grow, I'm still optimistic long term in the tech but we have a bit of a way to go.
I'm sure some will disagree with this but the main point stands, we're being unmoral pushing advice we know isn't true.
First before we go telling new people to buy now can we just stop and think about the impact you would feel if a selfish person gave you bad advice and you ran with it? Now what if a group are telling you? You'll lose complete confidence in the market you're trading on and likely move on with a sour taste.
No one on here has any idea when things will turn and it's all hope and optimism with no basis, we need a reason for things to turn and currently we don't have a reason, the big investors that pushed the price up did so because they had faith in where this technology could go, but sadly 2017 demonstrated a big failure in one of the most important areas being efficiency, if those recall how expensive bitcoin transactions got and how slow they became late 2017 you'll get this point and understand why we crashed, as it is now Bitcoin still has these issues and cannot scale well, we have solutions in the works like lightning network and other altcoins working on scalable solutions, but where it stands now we have no reason to go up, so please stop telling people it's about to change.
It's still not a bad time for beginners to put in a small amount and learn via day trading and research, I recommend doing so..but I do not recommend throwing big money at anything right now.
Myself I'll throw more money in when I see a successful roll out of the lightning network taking place, if we can get past the efficiency issues confidence will grow, I'm still optimistic long term in the tech but we have a bit of a way to go.
I'm sure some will disagree with this but the main point stands, we're being unmoral pushing advice we know isn't true.
This is an opinion from the perspective of a person who considers cryptocurrencies to be a tool for making money (speculator, trader).
If you look at cryptocurrencies as the future of finance and a tool for financial operations, you will see great prospects and you will have no doubts as to whether the investment in crypto is a good idea or not.
I know that the crypto market is being hyped almost all of the time, but sometimes I begin to see it as a good thing because we need every method possible in other to get people onboard especially those that have already lost trust in crypto.
The best thing we can do is to stop focusing on just the price of crypto because we might be frustrated when we begin to see a dump in price, but we should focus more on the technology behind the crypto market which is a new technology and need to be explored to its maximum.
The best thing we can do is to stop focusing on just the price of crypto because we might be frustrated when we begin to see a dump in price, but we should focus more on the technology behind the crypto market which is a new technology and need to be explored to its maximum.
This is all correct technology is good, but so far raw and young and can not show the ideal conditions. Now the main thing is not to lose the strongest adherents, so that later will not dangle in constant weightlessness and impermanence.
isn't that already a risk in investing with crypto currencies and by knowing the risk that investors are far more able to have the confidence and patience that is strong enough to invest with crypto currency
This is all correct technology is good, but so far raw and young and can not show the ideal conditions. Now the main thing is not to lose the strongest adherents, so that later will not dangle in constant weightlessness and impermanence.
isn't that already a risk in investing with crypto currencies and by knowing the risk that investors are far more able to have the confidence and patience that is strong enough to invest with crypto currency 
Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.
the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.
I think this can be used as a good opportunity to be able to buy as much coins as you can because the price decrease makes you have the potential to be able to get a lot of profit and that can happen if the price can recover.
that is only true of the coin you buy gets pumped right after you bought it.
the problem however is that a lot of altcoins are still dumping hard so when you buy them at these decreased prices you lose a lot of money instead as others continue to dump it.
your best case scenario is that you end up bag holding some altcoin that doesn't even move for another 8-9 months and then finally sees a very small pump before dying for good.
Or you can be left bagholding a huge amount of worthless token. Either way, we must do our research first before investing to a market, I have exprienced both left bagholding a huge token and getting huge profit from buying dumped coins/token. From this experience, I can say better buy those token that have an active developer and had been around the market for more than a year. This will at least minimize the risk of being left bag holding useless/worthless coins or tokens.
you are right, it looks it will be safer for all of us to invest in the asset token that is already running. development is done we can see from the price movement of the market is going. but sometimes if it has been more than half a year of trading for the new token will be deserted, the vibrant is the token first time listing and it will make the price continues to fall. Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.
the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.
I think this can be used as a good opportunity to be able to buy as much coins as you can because the price decrease makes you have the potential to be able to get a lot of profit and that can happen if the price can recover.
Or you can be left bagholding a huge amount of worthless token. Either way, we must do our research first before investing to a market, I have exprienced both left bagholding a huge token and getting huge profit from buying dumped coins/token. From this experience, I can say better buy those token that have an active developer and had been around the market for more than a year. This will at least minimize the risk of being left bag holding useless/worthless coins or tokens.
Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.
the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.
I think this can be used as a good opportunity to be able to buy as much coins as you can because the price decrease makes you have the potential to be able to get a lot of profit and that can happen if the price can recover.
Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.
the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.
Brother you need to stay positive and hope for a better future always to thrive in financial markets especially crypto. Everyone has seen that from the start crypto has been repeating these bull and bear phases and in every bear phase people called it scam, fraud and useless etc but each time we saw a bigger bull run than ever so will be the case this time around as well.
I am not saying it's a scam, I'm saying it's a technology that has flaws and needs improving, I'm 100% behind where this tech can go just to clear that up.
Hope and optimism are not good ways to make money, I try to switch off emotions when trading and rely on logic and information, if you don't understand a market enough and start calling it a scam you shouldn't of got involved in the first place.
Therefore, if we believe in success, we can tell people about the purchase, it is honest. Of course, it is necessary to explain not only about the potential, but also about the risk and time, which can be much more than we want.
In addition, rumors and early expectations get the greatest profit, but not the news and events that have occurred. That is the greatest profit for those who come to this market as soon as possible.
You are right, i write a lot in some of my post for more and more people (to invest only money that afford to lose). Yes most of us want to make money from crypto, not want just to join some bouties or do trades just for pleasure.
We all working hard cause we want to have money and that's the main reason why we are still in crypto. I've never think the others consider this just for fun or having pleasure, pretty much they'll wanting to have in return. Investing is not all about of what we can afford to loss but also it matters of our capitalization which we would like to put into a certain investment.
You are right, i write a lot in some of my post for more and more people (to invest only money that afford to lose). Yes most of us want to make money from crypto, not want just to join some bouties or do trades just for pleasure.
back in the day people mostly used crypto because of the tech and the anonymous payment. be happy that the coins are now in a stable phase you can use them for payments. the greed came with the hype. all then it was all about profit profit profit. just be happy. the bottom is reached and it can still rise. there is much space for growth. just stop with that standart thinking that crypto is here to make profit.
Some alts are pumping so its really good to stay updated with what's tending and what's the hyped coins at present and just go with it to earn profits. Some may be loosing money at some coins but some are also earning big time so its not totally bad add all.
I'll put big money in cryptocurrency if there are many peoples or many merchants who use cryptocurrency as payment system, maybe it will bring a lot of profit for long term or also for short term. But if I put big money just there are a country or even SEC approve/accept bitcoin then I won't do that. These things just for short term investment, I'm not hypocrite to say that if SEC accepted cryptocurrency will makes the price up drastically but it's just temporaly.
Yeah you and thousands of other people say this, but anyone who really believes in long term adoption and actual utility, they're the ones not only putting money in big but using the crypto every day and testing it and spending it.
And would they really care about SEC decisions or what countries do? No. The true crypto believers do what they do, regardless of everything going on around. It's not about if states make it profitable. It's about ideals.
So yeah, it's obvious, but few people will admit it.
but most likely people would always after for the profits. Adoption is still on progress, we might see some blockage or prohibitions but sooner or later
we would able to see that blockchain tech and crypto market cant really be stopped.
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