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Topic: Don't claim to be an investor if it's still like this - page 2. (Read 675 times)

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I think all investors and not some have got to go through some preparation before taking up an investment. Your preparation becomes one of the way you get an understanding of what your doing, why certain constraints play out the it did, why your getting certain results and fhe means by which you could maximise it. No preparation or analysing of what could be from what is might mean, you gambling your investment and that could lead to quick loses.
Most nature the desire to be rich quick and what better way to do that than in cryptocurrency many think but, most have as w3ll been disappointed each time. How would someone hope for a turn over in mere days or weeks. Its always a step at a time.
That urgency to get profits is what gets newbie traders in trouble, after all if they just became spot traders and used a stop loss religiously even if after months of work they got no profits I would think they are on the right track as long as most of the money on their accounts was still mostly intact.

But on their desire to get profits those newbies begin to use a high leverage, hold their position for too long and refuse to use a stop loss, and when you combine all of those factors then sooner or later they will be caught with their pants down and the market will move very quickly against them, inflicting heavy losses on their account.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
I agree with the op, investing in bitcoin today, and already wanting to become a multi millionaire by the next day is something that is very common amongst newbies, that is, newbies that are entirely new to investments.

I have some friends who some time in the past asked me what I do for a living aside my business, I told them I'm crypto currency trader, and that I make good money from it, they picked interest and I offered to teach them, after showing them the basics and telling them to learn the rest from research, one week later, I discovered they've lost interest.

They probably thought trading is something one would just go into and start making money,  same also with investment, it is one thing to find a good investment opportunity, and it is another thing entirely to invest, and be patience for your investment to grow and bear you good fruit.
That’s why everything in crypto, be in trading or investing, needs to work it out by acquiring knowledge and experience in the first place. There’s no shortcuts in it, like when you just invest and expect profits after a day,  that is only for those who are just greedy without knowing how risky their investment is. But when you decide to invest because you have studied it well, and you learned from your previous losses and mistakes, then maybe expecting a profit this time is very possible. Investing is never easy, but it’s also not hard for those who have passion and have known it well.
legendary
Activity: 1554
Merit: 1139
Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.
Correct. Not all need some preparations but with it on your sleeves you'll surely have an edge over the others. Just because investing doesn't mean you need to be there at the moment it doesn't mean as well that you don't need education and knowledge, you need it the most or else it will just be a blind investment.
I think all investors and not some have got to go through some preparation before taking up an investment. Your preparation becomes one of the way you get an understanding of what your doing, why certain constraints play out the it did, why your getting certain results and fhe means by which you could maximise it. No preparation or analysing of what could be from what is might mean, you gambling your investment and that could lead to quick loses.
Most nature the desire to be rich quick and what better way to do that than in cryptocurrency many think but, most have as w3ll been disappointed each time. How would someone hope for a turn over in mere days or weeks. Its always a step at a time.
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
one has to experience a lot of losses first to really feel that being greedy in trading will only erode their assets until they run out. I'm sure those who want to get rich by trading crypto are beginners who are carried away by mentors who show off their wealth or friends who look easy to get money from trading even though trading even for spot requires accuracy and wisdom in making decisions.
hero member
Activity: 2940
Merit: 715
...And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan...

There is no guarantee that after investing 10000 dollars, you will receive 12900 in a year. There is nothing guaranteed in investing at all, and even more so in cryptocurrency. And if you do not have enough experience to invest, then such an investment outcome as the loss of a deposit will look more real.
Investment has its own risks, and that risk includes whatever you deposit today will never give you returns tomorrow. It’s actually more of a loss than a gain especially if you come to invest in the market without understanding what you are investing for and how you will work for it. If you don’t have the knowledge and experience the moment you invest, then it’s useless to expect for profits after you invest. So never underestimate investing, it requires a lot of knowledge and skills first before you will succeed on it.
hero member
Activity: 3052
Merit: 606
There's a common misunderstanding when it comes to investing. The thing is, investment carries a risk, and that risk could result in losing money. We invest for a chance to be successful in growing our money, but we should always be ready to accept losses. That's why experts always advise to invest only what we can afford.

We have to be smart. Although crypto gives us an opportunity to create wealth, we cannot be unrealistic and ignore the possibility of losing money. We should take it slow, invest now, be optimistic, but always be prepared if things are not in our favor.

The reason why investors panic when the market dumps or is in a bullish mode is due to a lack of knowledge.
We need to take risks in an investment, but taking risks do not guarantee quick profits. Most of the time, losses are even more visible than profits, but if we come to work for it and analyze the source of losses, maybe by the next time we take chances and invest again, we will start to become profitable and succeed in our investment. That’s how patience and determination works in an investment, and not just by putting a large capital, you will eventually reap huge returns too.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.
Correct. Not all need some preparations but with it on your sleeves you'll surely have an edge over the others. Just because investing doesn't mean you need to be there at the moment it doesn't mean as well that you don't need education and knowledge, you need it the most or else it will just be a blind investment.
sr. member
Activity: 854
Merit: 451
Maybe most time we invested in bitcoin we don't also include the calculations to the probability of making losses sometimes,
Most people that invest in bitcoin and don’t include loss in their plans are the newbies, most of them don’t have clear understanding about bitcoin, maybe they are being brainwashed by people that introduced them to bitcoin, they only told them About making profits and not lose, some of them go ahead to watch videos on YouTube and we all know that most of the videos on YouTube only talk about profit and few will tell their viewers about lose.

As for me, investing is a rather difficult process. You need to be prepared for this, in addition to this - to know many different nuances. So, this is a very difficult process, as it may seem at first glance.
Some people believe bitcoin investment is very easy, but to be honest bitcoin investment is a difficult task, it’s not easy to hold bitcoin, just few percentage of people have the mindset and the capacity to hold bitcoin for long term. We do hear different news about bitcoin, different FUDs, just few people can overlook all this and they will still continue holding their bitcoin.
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
Almost 99% of investors want to deposit today, tomorrow they will become sultans.  Actually it can't be like that.  It could be possible that tomorrow it will be a loss and the next day it may still be a loss.

If we have lost, we have to pivot, analyze again, find out why, where did it go wrong, what is the future.  Not if the loss is already screaming scam, blaming people who give "advice", following influence etc.

What we have to understand first is that there is no investment today, tomorrow you will become a sultan. Even next year or in 10 years, you will not necessarily become a sultan.  Warren Buffet alone only returns 29% per year.  And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan.  Warren Buffet became a sultan because of consistent profits for decades. The key is patience, discipline and consistency in making investment decisions.  Warren Buffet never loses?  Of course, in 2015 Warren Buffet lost $444 million in Tesco shares.

In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them.  Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.
I completely agree that losses are an inevitable part of investing, including in Bitcoin and other cryptocurrencies.

It is important to approach investing with realistic expectations and the understanding that consistent profit is not a guarantee, even for well-known investors like Warren Buffet.

Additionally, when we do experience losses, it's important to reflect on our investment decisions and make adjustments accordingly, rather than immediately jumping to conclusions or blaming external factors.

A more disciplined and patient approach can help us stay focused on achieving our long-term investment goals, rather than getting caught up in short-term gains or losses.

As with any investment, it's crucial to conduct thorough research, manage risks, and stay informed about market trends and developments.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.

If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.
Even if we know this is the case those that are just starting out are not going to believe us, especially when there are scammers and all kind of businesses that benefit from those false beliefs, so instead of correcting their views those newbies look for alternatives which will allow them to reach their goals.

As such on their desire to get to the goals they have set to themselves, they invest in all kind of altcoins thinking this is the magic formula that is going to allow them to reach their goals, and while there are a few newbies out there which are lucky enough to achieve this, we know the majority fail at this step and they never recover from it.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
-snip-
In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them.  Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.

At the lowest level of awareness of bitcoin investors, there is no word rich in a short time. It doesn't need this kind of advice, just looking at bitcoin price history then I think people who are after instant riches will not take bitcoin as their portfolio list.
Perhaps this hope can actually be realized if the investor has to sacrifice risk on some altcoins that have adjustable pumping schemes. But it's more like gambling, in fact it's hard to tell the difference between an investor and a gambler these days.
hero member
Activity: 2366
Merit: 594
Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.

Experience is not a must, but it is just a plus; knowledge is really what is needed, as there are still newbies who have no experience but are successful since they learn and have knowledge on it. Experience will follow, but again, if you have experience and you have somewhat struggled with investment, like you already have guts and feel in your crypt that you are investing, it would be easy to invest in it. But again, in investing, you'll be learning constantly as the crypto space keeps evolving and new technology is coming out, so it is better not to be lazy on learning.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿

__SUTLAN HAMZA___

Great answer, you made me laugh, Sultan. Smiley
Actually, the OP, like many here, is trying to be helpful. Let's not judge him harshly. The conclusions about patience are correct, although it is rather presumptuous to cite a millionaire as an example. For many here, small profits are already considered in the millions, and small losses turn into drama.
The whole post boils down to the fact that those who invest need to assess all the risks and make a decision only when they are ready to wait for the right price while remaining calm.
However, nothing new, but good for repetition.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.
Nothing is instant, everything requires a process. Trading also cannot be done easily, profits and losses will go together.
Even a professional trader will not continue to profit, there are times when they lose due to unfavorable and unpredictable market conditions.
If someone just wants to trade for a while and wants to be rich the next day, he is just fantasizing.

If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.
The mindset of getting rich will eventually bring traders to the spirit of learning and analyzing.
But it will also be a trap when they only think of getting rich quickly without doing anything more.
of course, it takes a long time and hard work.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.

If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
When it comes to investing, there is a widespread misconception. The fact is that investing entails risk, and that risk could lead to financial loss. We invest in order to increase our chances of financial growth, but we should always be prepared to take losses. Because of this, experts consistently suggest investing only what we can afford. We need to be clever. Although cryptocurrency offers us the chance to build wealth, we cannot be unrealistic and disregard the likelihood of losing money. We should invest now, proceed cautiously, maintain our optimism, and be ready for anything.

Therefore, we must really have a lot of knowledge when we are still in the investment world. Having capital alone is not enough for an investor, ok, we have a lot of money to invest, but when we don't have knowledge of the world of investment, especially investing in the cryptocurrency space, then no matter how much money we have, it will run out in a short time. I am the one who will say don't invest if you don't have knowledge, I mean it's better to study first and understand the risks, then you can jump right into the investment world.
full member
Activity: 602
Merit: 129
When it comes to investing, there is a widespread misconception. The fact is that investing entails risk, and that risk could lead to financial loss. We invest in order to increase our chances of financial growth, but we should always be prepared to take losses. Because of this, experts consistently suggest investing only what we can afford. We need to be clever. Although cryptocurrency offers us the chance to build wealth, we cannot be unrealistic and disregard the likelihood of losing money. We should invest now, proceed cautiously, maintain our optimism, and be ready for anything.
hero member
Activity: 3220
Merit: 636
DGbet.fun - Crypto Sportsbook
Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.
And even you've got the knowledge you want to attain or at least the basic one, don't overexpect.

That's where many investors have caught wrongly. They expect that they'll get the best result and they are picturing it out based from what they think with the little knowledge they have acquired.

An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.
It's already within that a real investor has learned a lot already from the mistakes that he has done.
legendary
Activity: 3122
Merit: 1140
An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.
In investing there will always be gains and losses. and it becomes a valuable lesson and experience for investors. but when Investors release their assets when they lose, and they no longer have assets. then they can no longer be called investors. are there investors who are called without investment assets?
failure in investment sometimes there are those who make them out. but there are also those that make them stick around and plan their return on investment better. everything is a process, no investor is always profitable without feeling a loss.
For someone who do make out some claims about making money or sure profits without having any loss then it is really just that bogus or that someone is really trying to pull off some scam because there's no way that you could really make out profits without experiencing losses.Even professional or experts would really be experiencing losses but the main target in the end of the day is on to make profits which it is really the thing
that what the most. When it comes to holding then it would really be that depending on how much you had invested and of course if you do know on how to play in the market then you could really be able
to be aware on what are the things that you should be doing for you to go along with the waves. Volatility is something that gives out advantage and disadvantage which is something
that you would be needing to ride along if you do really love on having the chance on making profits but of  course confidence is something that you should need to control on.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.
In investing there will always be gains and losses. and it becomes a valuable lesson and experience for investors. but when Investors release their assets when they lose, and they no longer have assets. then they can no longer be called investors. are there investors who are called without investment assets?
failure in investment sometimes there are those who make them out. but there are also those that make them stick around and plan their return on investment better. everything is a process, no investor is always profitable without feeling a loss.
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