Crypto space is a land of possibilities

stadus

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Quote from: Ararbermas on February 27, 2022, 01:48:43 PM

Quote from: Baofeng on February 27, 2022, 12:27:13 PM

Right, but take note though, not just in crypto, all investment opportunities involved risk so regrets is just part of the game, or shall I say our life. Maybe some have that element of luck in crypto, being early bagholders, didn't know about certain coin but just decided to take the risk and then win big in the end. And then on the other side of the coin, investing on project that has a lot of promises but in the end, it was a complete disaster.

" trade with your own risk" that's the common suggestion in the space because a lot of investors keep losing money from investing crypto currency.

But nowadays there is a big difference to be honest, wherein we can minimize the risk because all the specific information can be find easily in the internet unlike before..

So if you still keep lossing money till now when it comes crypto investment, probably it's because you don't have a consideration when choosing a project to invest.

This crypto space will only be promising and productive if we end up investing in the right coins. Otherwise, investing in crypto will be a total disaster since it will only give you frequent losses all the time. However, knowing the right coins to invest specifically bitcoin and top altcoins will definitely maximize our profit making than committing losses. Though there are also projects that become profitable in short term, but they are more risky to invest since they are mostly run by hype and fuds.

Flexystar

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Yes, this is happening since the beginning. Well what to say but the first example of this was the bitcoin itself. We know very well bitcoin was also the currency with few zeros in front of its initial price. Look today and you can’t imagine how far it has gone. It’s almost impossible to bring it down or no natural way that it will get to the least count price one more time. There is no other asset like crypto currencies who has the capability to grow smart and competitive like this.

We say the project is gibberish, it may not have proper roadmap but sometimes all it takes is one spark to go limitless. So Yup, choose wisely and who knows you might be holding next second bitcoin.

Ararbermas

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Quote from: Baofeng on February 27, 2022, 12:27:13 PM

Right, but take note though, not just in crypto, all investment opportunities involved risk so regrets is just part of the game, or shall I say our life. Maybe some have that element of luck in crypto, being early bagholders, didn't know about certain coin but just decided to take the risk and then win big in the end. And then on the other side of the coin, investing on project that has a lot of promises but in the end, it was a complete disaster.

" trade with your own risk" that's the common suggestion in the space because a lot of investors keep losing money from investing crypto currency.

But nowadays there is a big difference to be honest, wherein we can minimize the risk because all the specific information can be find easily in the internet unlike before..

So if you still keep lossing money till now when it comes crypto investment, probably it's because you don't have a consideration when choosing a project to invest.

Quidat

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Quote from: tsaroz on February 27, 2022, 12:43:56 PM

Quote from: DevFile90 on February 12, 2022, 05:10:10 AM

Is there anything that is impossible in crypto space? I don't think there is, see if you are a newbie do not be deceived by what others are holding, everyone has their believe on every projects they hold, be a believer and stick to your plan, any coin or token can change your life, here are few examples

1. In 2017 doge coin have few zeros in its value, so worthless that you can give it away easily, I used to gamble with million pieces of doge, the title 'shitcoin' was what got me to sell.

2. Shiba inu, a meme coin that many crucified for been a meme coin all in the name of trying to be another doge many hated this project, this shitcoin coin in the face of millions changed the life of many, now they are mad about it.

3. Know when to take profits, there are many that have make Insane amount of money from altcoins but refuse to take profits and later they lost it all, I have my own loss stories as well, be smart.

Many will say that hype helped this projects, accepted, but there is always something that will help a project atleast, my advice is be open to opportunities, do not hate because others are hating, accept crypto for what it is and you will be full with good lucks.

Unpredictable is more suitable than possibilities in these case. You can't just invest in every shit coins and expect to gain an overall green portfolio. I say this because I've myself tried it.
Yes crypto is a lucrative place, when placed right, you can have x100 of profit in a few days but it also has it's risks. Even if we play safe, it could still be one of the best investment you could make.

Going all Fomo in all possible altcoins that you could see is just suicide and its better to be mindful on investing into something which is really worth the risk to put on rather than
on making out that kind of gambler like mind of behavior.Invest on the money that you could afford to lose but not something that you just simply dont mind about.
Crypto space does have lots of opportunities for you to take risk and benefit out but of course it would be always accompanied with risk but if you could able to
bare it out then its up to you to decide on.

tsaroz

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Quote from: DevFile90 on February 12, 2022, 05:10:10 AM

Is there anything that is impossible in crypto space? I don't think there is, see if you are a newbie do not be deceived by what others are holding, everyone has their believe on every projects they hold, be a believer and stick to your plan, any coin or token can change your life, here are few examples

1. In 2017 doge coin have few zeros in its value, so worthless that you can give it away easily, I used to gamble with million pieces of doge, the title 'shitcoin' was what got me to sell.

2. Shiba inu, a meme coin that many crucified for been a meme coin all in the name of trying to be another doge many hated this project, this shitcoin coin in the face of millions changed the life of many, now they are mad about it.

3. Know when to take profits, there are many that have make Insane amount of money from altcoins but refuse to take profits and later they lost it all, I have my own loss stories as well, be smart.

Many will say that hype helped this projects, accepted, but there is always something that will help a project atleast, my advice is be open to opportunities, do not hate because others are hating, accept crypto for what it is and you will be full with good lucks.

Unpredictable is more suitable than possibilities in these case. You can't just invest in every shit coins and expect to gain an overall green portfolio. I say this because I've myself tried it.
Yes crypto is a lucrative place, when placed right, you can have x100 of profit in a few days but it also has it's risks. Even if we play safe, it could still be one of the best investment you could make.

Baofeng

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Quote from: Psynthax on February 16, 2022, 11:46:54 AM

Quote from: Victorik on February 16, 2022, 12:09:03 AM

Yea..it's a land of endless possibilities and also a land of endless regrets as well. Brace up for both the pains and the gains.

Agreed, So many people are winning the game but remember that there will always be loosers and we have so many loosers in this game. This is about how smart you are to taking any possibilities. Crypto can make someone become a new millionaire in a night but it can also make someone lose his house in a few minutes. In so many news we have seen that people lost their live saving due to the cryptocurrency.
The only problem is when people know that investing in meme token is a high risk but they are still doing it. This is their fault.

Right, but take note though, not just in crypto, all investment opportunities involved risk so regrets is just part of the game, or shall I say our life. Maybe some have that element of luck in crypto, being early bagholders, didn't know about certain coin but just decided to take the risk and then win big in the end. And then on the other side of the coin, investing on project that has a lot of promises but in the end, it was a complete disaster.

TheGreatPython

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Quote from: DevFile90 on February 12, 2022, 05:10:10 AM

Is there anything that is impossible in crypto space? I don't think there is, see if you are a newbie do not be deceived by what others are holding, everyone has their believe on every projects they hold, be a believer and stick to your plan, any coin or token can change your life

When you invest in crypto, that means you want to profit but if you will only say you will use crypto, that means you only use it right away for paying or buying.

Crypto can be good for you because you are already used to it and you already know its flaws, whenever btc decreases you know how to handle it or use it as your advantage to buy so that you can also earn more whenever price recovers but to some that are new yet in cryptos, they will feel uncomfortable when the price starts to go down or up and down. This makes them think that crypto is not perfect for investment. There are other investment that are more stable and less risky, they will likely go with it.

ajochems

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Quote from: examplens on February 12, 2022, 05:24:39 AM

you mention only the two most spinned coins/tokens. obviously reading too much about them affects you, so Doge and Shiba's hype reflected on you too. But that is okay and understandable.
About millions of lives have been changed, I am not sure about the truth of that story. it's just another spin argument (I’m not saying there aren’t those who made money from there)
Usually, many people are late with buying and then with the fall in prices they pass into long therm holders.

Both Dogecoin and Shiba are the best coin had a huge investors. Not only this coin all the coin had the lower side now. Most of newbie after the 2017, had started to inverse in bitcoin with high price.The people who had started to get into market at cheap price and brought huge amount of bitcoin was the whale of the market.

LUCKMCFLY

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Yes, the crypto space has many possibilities to make many possible things, but what has to do with metaverses and metaverses is currently being developed, and metaverses do have many more possibilities, although a good mix of crypto space with the metaverse is made, the processes will be 100% highly optimized, the chances that everything will improve is practically guaranteed, then crypto projects based on blockchain and the metaverse will be another level for everyone, where much more money will be handled.

makishart

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From what you have stated in your thread if we can learn that always try to take any possibilities. Crypto is about good you are seeing any opportunities in the market but again, the pump that happened with doge coin and shiba inu was totally unpredictable. If anyone able to predict it and they would have bought shiba but the fact that only a few people are so lucky buying shiba inu. Yeah we have so many opportunities but again the pump and dump totally unpredictable. Did you even think if shiba inu has ever got pumped to the moon along with doge coin? Im sure that you regret your decision but again. You're not lucky enough for that. We have another time to make money from the crypto as you said the possibilities will always there anytime.

Jackl87

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Quote from: DevFile90 on February 12, 2022, 05:10:10 AM

Is there anything that is impossible in crypto space? I don't think there is, see if you are a newbie do not be deceived by what others are holding, everyone has their believe on every projects they hold, be a believer and stick to your plan, any coin or token can change your life, here are few examples

I agree with your statement, that there really are a lot of opportunities in the crypto space to really make a lot of money, even if you have only 50$ or so for your initial investment. To be fair though the truth is also that the chances that you are losing that 50$ completely or at least partially are way higher then that you make a x100 with it.
I also don't really like that you are listing meme-coins as examples for great investements of the past. There are dozens of other projects, that gave early investors a way better ROI then those meme-coins and they also have a way higher chance to still be relevant in a few years, while the meme-coin hype was only temporary and is going away now.

poodle63

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an altcoin being called a shitcoin doesn’t necessarily means that it couldn’t give you profits, instead there is reason that many of the traders even knowing and fully understand the definition of shitcoin itself, still trying and trading it until now, that's because the volatile nature of shitcoins and because it’s also kind of zero sum game, it basically transfer the wealth from many rather smaller, easily manipulated traders and add it into the wealth of all these traders with big capitals that could manipulate the market at their will.
the examples that you mentioned are indeed seems like such a great miss for many, but remember that the wealth accumulated from these shitcoins are coming from the lesser fortunate traders that doesn’t have any idea at all regarding these shitcoins.

You win and others lose. The volatility was giving so many possibilities in the crypto

LUCKMCFLY

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Quote from: michellee on February 15, 2022, 12:22:40 PM

Yes, the crypto world still provides opportunities for new people who want to invest in crypto or us. We saw how the coins made a lot of big profits in the last year even though at this time, the price of the coins has fallen far from its high yesterday. But I'm sure, in the future, there will be many coins that will again give us the opportunity to get another big profit. So it's better for us to keep looking for other coins that we can use as an investment or to trade so that our profits can continue to grow.

Agreed, also in cryptocurrencies I see that many things are possible, any event or any scenario is possible, I have friends who have only made a couple of investments in a crypto project and were lucky enough to go up by x10, and their investment did not was so high, but they began to rise very well and almost without investment, this obviously is sometimes accompanied by a lot of luck, but in the traditional world under a series of rules that exist it is very difficult to reach large amounts of money if there is no a great risk, and a great risk implies that a lot of money must be invested, just as in this case there are always many more.

Yogee

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Quote from: DevFile90 on February 12, 2022, 05:10:10 AM

Is there anything that is impossible in crypto space? I don't think there is, see if you are a newbie do not be deceived by what others are holding, everyone has their believe on every projects they hold, be a believer and stick to your plan, any coin or token can change your life,

I hope you haven't said this to a lot of people because that's a pretty bad suggestion. Simply saying know when to take profit isn't really gonna help newbies buying "any" token. What if they became a victim of a rugpull just few minutes after their purchase? Yes it's an extreme scenario but it's not impossible to happen.

I agree on the part that everyone has their own agenda.

24Kt

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Quote from: Accardo on February 16, 2022, 05:14:47 PM

They are lot of impossibilities in the cryptocurrency space; the coins you listed above have been anticipated to hit the $1 peak for years but, it's been impossible for doge coin. Sometimes, you should look at the reaction of other people on a particular project before investing into it. Most of the people who frown at a specific project must have invested into the project but, didn't get a positive result after a long while of waiting for the coin to become profitable. It's a wrong advise for newbies to continue waiting for a coin that the price keeps bleeding.

The best thing to say instead is to look out for projects that have a wide acceptance like Ethereum and invest into it. Knowing that you are holding a better coin that will yield profits along side with bitcoin. Calling out doge coin as a coin that will do wonders (something I'm not doubting) is not conducive for newbies because they may not endure the wait before they quit. Such experience has made a lot of investors to think that other cryptocurrencies are like the doge coin.

The better route is indeed to invest in valuable coins with active use case in the market. Because if you are into meme coins, the future is very uncertain as it depends on what the team will do in terms of marketing. We are also not sure if they have long term plans or just heading to pump and dump scheme. Newbies are attracted with meme coins because of the thought that they can easily get hundredfolds of profit. But such case is not for everyone. They will find out very soon the real scenario once they got a hold of meme coins.

Accardo

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They are lot of impossibilities in the cryptocurrency space; the coins you listed above have been anticipated to hit the $1 peak for years but, it's been impossible for doge coin. Sometimes, you should look at the reaction of other people on a particular project before investing into it. Most of the people who frown at a specific project must have invested into the project but, didn't get a positive result after a long while of waiting for the coin to become profitable. It's a wrong advise for newbies to continue waiting for a coin that the price keeps bleeding.

The best thing to say instead is to look out for projects that have a wide acceptance like Ethereum and invest into it. Knowing that you are holding a better coin that will yield profits along side with bitcoin. Calling out doge coin as a coin that will do wonders (something I'm not doubting) is not conducive for newbies because they may not endure the wait before they quit. Such experience has made a lot of investors to think that other cryptocurrencies are like the doge coin.

jaberwock

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Quote from: DevFile90 on February 12, 2022, 05:10:10 AM

1. In 2017 doge coin have few zeros in its value, so worthless that you can give it away easily, I used to gamble with million pieces of doge, the title 'shitcoin' was what got me to sell.

2. Shiba inu, a meme coin that many crucified for been a meme coin all in the name of trying to be another doge many hated this project, this shitcoin coin in the face of millions changed the life of many, now they are mad about it.

3. Know when to take profits, there are many that have make Insane amount of money from altcoins but refuse to take profits and later they lost it all, I have my own loss stories as well, be smart.

There is one thing that is impossible. That is when shit/meme coins dump they wont pump anymore. I am not talking about the coins that you listed but only to the really bad one's but even on the coins that you have listed I do not know if they still have a chance to recover now that they are not being shilled by Elon anymore. Their hype is over and those who invested on them late or those who invested early but did not sell because they expect more are now doomed.

If you are a new and do not have a knowledge would you not believe others that have more experienced than you? But, that's fine in your case because you do not mind losing.

Psynthax

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Quote from: Victorik on February 16, 2022, 12:09:03 AM

Yea..it's a land of endless possibilities and also a land of endless regrets as well. Brace up for both the pains and the gains.

Agreed, So many people are winning the game but remember that there will always be loosers and we have so many loosers in this game. This is about how smart you are to taking any possibilities. Crypto can make someone become a new millionaire in a night but it can also make someone lose his house in a few minutes. In so many news we have seen that people lost their live saving due to the cryptocurrency.
The only problem is when people know that investing in meme token is a high risk but they are still doing it. This is their fault.

danherbias07

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That's correct and I agree with most of it especially the final piece.
Don't hate and yet don't fall in love with it. Always use your brain first before your emotions. There are times I also had the chance to make a lot of money out of ICO projects but I didn't sell because I fell in love with the telegram group and all the sweet words they tell. It was a mistake I did regret although I am still in profits when I sold some of it. It's just that, I was not able to maximize it.
Once you see an opportunity to sell and you think there is profit, take it as fast as possible and don't feel any regret if ever a better price comes out. Better, don't look back.

Victorik

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Yea..it's a land of endless possibilities and also a land of endless regrets as well. Brace up for both the pains and the gains.

Topic: Crypto space is a land of possibilities (Read 333 times)