Topic: Don't claim to be an investor if it's still like this (Read 675 times)

That it means that we need to give up and move for another investment as this crypto isn't really good for us nor we are destined to be here.
In that case, we are really numb not to see the reality that crypto isn't meant for us and whatever we do, success can be with us instead of losing more if we push to continue.
Well, losing at least 2-3 times is still acceptable maybe we are doing something wrong and need to correct it but losing 4 times and more, ain't that good anymore.

And that is the first reason which brings newbies investors towards that path, since their capital is small they acknowledge that if they invest in a coin like bitcoin then even if they held their coins for years the performance of their investment while impressive in percentage terms, it will not be as impressive when we think of it in terms of cents and dollars.

So they believe that by investing in altcoins then they can get the performance they need to make a significant improvement over their lives, not understanding the massive risk they are taking and that instead they should have taken the time to increase their capital in order to increase their profits, not an easy thing to do that is for sure, but something that has to be done if they want their profits to increase.

Some people does think unrealistically which same as you said that they do know that they do have a small amount of money to invest or simply with their capital but they are really that thinking about having that huge
return or profits which it is really something delusional and because they do have this kind of mindset or target then it is really that something will really make themselves on a rush when we do talk about
their decisions and on dealing into something. Unrealistic approach and impression would lead into bad decisions which is something that we do need to adjust on.

Being investor isnt really something that you would need to do all sorts of things which is correlated into it, consider yourself to be that able to bare on whatever situations you would be into.
You would be needing to be that versatile on which you could easily make out some adjustments if it wanted to. If you would really be finding yourself on a hard situation then
it would really be just part of instinct that you would be needing to adapt or else then you would really be experiencing lots of losses.

S&P500 has averaged something like ~10% in the last 100 years or something. If you want solid but slow returns, then buy an index fund and chill. Bitcoin is on the other hand, is like a Nasdaq stock. It is all about fast growth. If bitcoin can't beat the index in the future than the investors will lose their interest in it. It did what it did till now but what about the future? The markets are always future looking. Of course buy now, cash out tomorrow is not a realistic expectation but people want to get rich in 4-5 years because of the bitcoin halvening-cycle.

We have to learn from our own mistakes if we leave the path of success just by losing once so this will be a foolish idea although if a person regularly losses money and now he cannot afford it so leaving trading at that time will not be a bad idea.

Not a single person become successful without not facing any loss so it will be worthy to remember that with success the losing is also involved in it and we have to manage both of them with patience. Keeping in control you internal feelings also has a positive impact on the rate of success and taking sudden decision will have negative effects on your successful destination so first think and after that take step which is better for you.

many people misinterpret investing healthily. where they have small capital but want thousands of percent profit to reach wealth, so they run on new investment projects without being equipped with sufficient knowledge and in the end the results are not as expected. choosing the right coin and placing logical targets must be understood so that we can be prepared to make long-term investments and can hold them relaxed in the face of price fluctuations

Woefully , there is a plenty of investors especially newbies and amateurs who don’t accept the losses despite it is a part of investment. In fact, If you don’t fail , work hard,  struggle, and makes mistakes , you will not gain experience and become proficient in this field although it is essential to learn from your own mistakes,  and turn them into lessons. Consequently you will be capable to achieve better results. Investing in crypto is definitely fruitful but in long term, it means if you are impatient, you will never achieve successful career Additionally, becoming wealthy isn’t easy nowadays, and investing large capital will not affirm and secure huge earnings  in returns. From my perspective, you should find additional sources of income instead of focusing and giving all your time on only one.

that is really the power of internet right now because they can easily persuade people to invest because they are influencial and even they do know that it will turn to scam they will continue for their own benefits that is why people right now is starting to wake up unlike before that most of the influencers ive known was introducing token and I've seen a lot of people invested to it but turns out a scam but unlike before people know it now and tends not to invest on it

Everything takes time and a proper approach. It's no difference with crypto investment. The more time you give to this, the better you become day by day. When it comes to trading profits and loss, they are both in it, and you will face it one day no matter how carefully you take the approach. All you can do is take a good risk management plan and use it to reduce your losses and maximize your profits.
As you already said, and I agree. Patience is the key in crypto. You can't become a millionaire overnight. Good advice.

You hit the nail on the head! The allure of easy money can be strong, but it's important to remember that genuine wealth is built through diligence and smart investing. As Warren Buffett wisely said, 'The stock market is a device for transferring money from the impatient to the patient

The temptation of easy money is always going to be there, however it is up to each person to reject them and realize that such offers are too good to be true, as if you really think about it if someone had the ability to make that amount of money with that speed then in just a few years they could become one of the richest persons alive.

And since that is not going to happen then people need to recognize those methods do not work, and if anything they could cause them to suffer financial ruin.

I think this is becoming normal in the cryptocurrency market, the hype, the FUD, and FOMO everything is becoming normal in day-to-day live in the cryptocurrency market.
The "easy money" way and most influencers or some personalities that spreading it to social media is also becoming normal and through that people will be introduced to cryptocurrency and think that it's really "easy money" but they end up losing.

Due to hype of many projects, many investors are thinking for an easy money and that’s normal in crypto. They will only realize this the moment that project listed in exchange because that is where the real challenge starts, the price pump and dump will always be part of the market. Investing is indeed a long term process that we should always adopt and have strategy, remember easy money can also be easily gone if you take it carelessly.

Know that successful investors today have also endured a lot of losses before but chose to never give up simply because, they believe in the potentials of their investments. And that does not mean that even if you continue to invest from a loss, you will never experience losses again. Losses will always be part in any investment, but it’s up to you how you will manage your losses and motivate yourself to stay positive and optimistic so you can still pursue on the goal that you have set in the first place. If you have that mindset, most likely you will be a successful investor in the future.

Exactly, personally, i have seen so many people in my friend and relative zone, who have the same mentality, that you just shed light on. For example, you may have heard of BONDX mining which is similar to Pi, and when Pi was listed unofficially and people get to know the real potential it could have, like if the price would be real, it will definitely reach to the same heights to which it got now. And after stating them this, i asked him to download the BDX app, One day i installed the app on his phone the other day he was like i am "Sultan" ahaha. he said, when will i get my money, blah blah and blah. he asked such questions that made me to say him, to delete that app. Haha

New generations need to be taught this lesson, as i have faced this issue with my loved ones and i tried my best to cover this issue with them but they tend not to listen to me, even if they listen to me, they have acquired such company that takes them to straight back from where i took them. So to avoid this, we should have to spend more time with them and have to become a company that could eliminate the bad thoughts they are getting from bad company. i even try to motivate them with my moments and by my friend's or any other person's success moments. I am not rich but i do have the skill to manage money, risk and losses.

True, investing is a long-term process that requires patience and discipline. No one can guarantee the success of every investment, and losses can be part of the process. It is important to have a rational and analytical approach to investing, and not be based on emotions and quick successes. It is also important to understand that the historical performance of an asset does not guarantee future performance, and investors should always remain vigilant and adjusted to the changing market environment.

Well, basically the basic Principles to be an investor or a market Explorer are in ourselves, if we have a certain Attraction towards investment it is something that we should take advantage of, but if we like to go as the market goes, if it goes up you win, if it goes down the same you win, that is what a trader should see, but I feel that things in the trader or investor are two very different ways of thinking, even though both want to win, it is known that the directions are different, a person who is or has The desire to invest has to be more patient, not fall into Despair and above all not get carried away by the news.

Investing is a long-term game, and it's important to have realistic expectations. It's easy to get caught up in the hype and believe that we will become wealthy overnight, but that's not how it works. It's crucial to have patience, discipline, and consistency when making investment decisions. Warren Buffet is a great example of this, as he has consistently delivered returns over the years through his investment strategy. Additionally, it's important to remember that losses are part of investing, and we should use them as an opportunity to learn and improve our investment strategy going forward.

If you think about it carefully, having thoughts like that is actually very humane, because the majority of people definitely want wealth, especially in an easy and fast way. Even people who have such thoughts, I feel, are one's first stage of advancement. Even though having thoughts and actions like that is indeed not right, but with the willingness to invest alone, in my opinion, there has been quite a bit of progress in his mindset. Because there are still many people out there who are not aware of the importance of investing. So is someone who invests and wants to get rich quickly wrong? I think it's wrong, but not completely wrong. Because as I wrote above, that thinking is human nature. But over time, this attitude will change, when you get understanding, experience, and lessons. So the conclusion I can come up with is, if people were investing primarily in crypto, most newbies would have that kind of get-rich-quick mindset. Having thoughts like that is not right when you want to invest in crypto. But don't blame newbies in the crypto investment field for such assumptions. Because they are definitely still in the learning stage and still don't have much experience.

It's not a misunderstanding, people who get into investing are just ignorant of the fact that investing doesn't mean that you're guaranteed a profit if you put your money in it. Maybe a little misunderstanding especially if they've learned about investing from someone who embellishes the truth and they got blinded by greed.