Topic: Don't claim to be an investor if it's still like this - page 3. (Read 578 times)

It is inevitable to make money without any loss but the period they come can differ but having this mistake is what I enjoy and also learn from it. The investments that does'nt make you lose any money are ponzi schemes, you will continue to make profits everyday but the day you lose something today, you may loss everything if yoyu are not been careful about  chasing profits everytime.

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.

If I hear the phrase cryptocurrency and long-term investments, then I associate it only with bitcoin, since all my successful investments in altcoins were medium-term transactions. And almost all of my long-term experiments with altcoins ended in failure. Therefore, I believe that altcoins are quite suitable for trading and in some cases can give us very good results, but here, everything is not so simple, and before choosing altcoins for trading, you need to analyze the project and look at its prospects.

Nothing wrong about something what you want to become or like dreaming about getting huge profit on your investment since it can give you motivation to give a try on risky investments. Although there are times that we got scam but atleast we learn a lot from it and be more careful next time when putting our money for second time or more.

Although what you think is so big which is somehow impossible but atleast people try to make their life better by taking some action that they think it could possibly change their lives.

Maybe most time we invested in bitcoin we don't also include the calculations to the probability of making losses sometimes, this may not actually be a consistent experience but should be well considered, bitcoin is well known for it profitability which is the more reasons to why manner insisted on investing in it no matter the bear, it doesn't last for long but a while, many have confirmed this and see that it's working and pays them than not whenever they invested on bitcoin, having a profitable chances is greater than not having it at all.

You're totally right! People need to get that they can't become rich overnight. It just doesn't work like that. I've seen so many people investing in some random shitcoins, hoping that they'll strike it rich, but they end up losing everything. Crypto currencies are all about long term investment. There is no easy money here. And like you said, we got to be prepared to lose some along the way. And if you do lose, learn from it and make sure to use what you have learned to maximize  your profit in the future. If the coin promises quick money, very likely it is a scam. Just invest in the top coins but only whatever you can afford to lose.

We are in a generation where we have so many advisers and writers available I'm this forum to tutor us how to trade the market and make proper investment when it is obvious that they can even analyze a single chart. Everyone is gradually becoming a pro trader, ready to help us that had been in the market for so long.

 I am not biased with the frequent writeup from people who choose to have become a good trader and always eagered to teach us something to have as a breakfast.

 Op has point a very important facts we need to put into consideration or else we might to enjoy the act of being a trader.
We need to understand that words are easier said than done. Noted

In Bitcoin, you won't lose anything unless you sell and the same thing to attain profit you also need to sell.  That is a proven fact.  Bitcoin losses can be avoided by holding and waiting for the price to recover and selling at a profit. 

The bitcoin market is proven to be cyclical, it means it goes up and down until it records another all-time high.  Although I agree that losing is part of the investment (not only Bitcoin and cryptocurrency) but there are methods that we can use in order to minimize or avoid losses, especially in Bitcoin investment.  One of which is analyzing the market and knowing the right time to enter.  We can either use fundamental analysis or technical analysis or both in order to gain an advantage when entering the Bitcoin market.  The same goes when we wanted to sell at a profit.

In short when it comes to Bitcoin investment, if we wanted to avoid losses, we need knowledge about the history of Bitcoin, the trend of Bitcoin, and the patience to wait for the right time to get profit in our Bitcoin investment. 

You are Correct!!

You have to have a realistic view of investing and not expect overnight riches. Investing always involves risks and it is important to be prepared for both losses as well as gains. It is also important to not get too caught up in emotions

and instead to analyze and learn from our mistakes in order to improve our investment strategy going forward.

Being patient, disciplined, and consistent are important traits for successful investing in any asset, including Bitcoin and cryptocurrencies.

I'm sorry, do you actually believe that 29% APY is low? A few stablecoin contracts offered as much as 20%, and they were great deals, let alone almost 30%. I wish had an investment that could achieve such a high APY.

Moreover, I don't believe that the majority of users here expect to make money seemingly overnight; that's a common misconception a few newbies have when signing up. It's all part of the game. I've also lost money when investing, whether that was staking or trading, but I've also gained a lot more to cover such losses. It's inevitable; you need to accept it and move on.

They are not investors. They are gamblers. Investing takes time. It takes multiple years, sometimes decades. Ask Buffett about it. He would say "Our favorite holding period is forever." That means a lot if you are capable of understanding it. It means if you know the asset that you are buying well, why worry about its current price? In the long term, it is guaranteed that it will be more expensive than today. In the short term, who cares? Prices can get manipulated in the short term but you can't fool anybody as the time passes.

Sorry, I chose the wrong word. I mean, in my area rich people are often called "Sultan". the word "sultan" is often used informally as a synonym for a rich or upper class person in my area.
Yes, I know, there's really no point in giving trader tips to anyone. But I think there is no problem at all, if we share experiences and remind each other of the good things in the trading community. As a trader, while it is very important to maintain self-confidence in self-researched trading strategies and methods, it is also important to be open to new ideas and learn from the experiences of others. Whatever it is, I'm sorry, I don't mean to patronize the seniors here.

Some investors usually disregard the risk of crypto investment and only see it as a shortcut to getting rich which is obviously a wrong mindset. They tend to lose patience when they see the shaky condition of the market. However, most of us still learn from that mistake. There were opportunities of making huge profits that we might miss if won't have patience. Considering and dealing with the risks is too important if we want to make a good profit in the future. That will be possible if we already know how the crypto market works.

In short there is no getting rich quick here in the cryptocurrency business. This is what you want to convey in your post. If there are people who think that it is quick to get rich in cryptocurrency, it is probably the majority of newbies who think that it is easy to make money here, which is not really true.
This is what most people entering the crypto space should also know that they need to study first and also do research before jumping in and entering this industry.

My first and foremost question to OP:
Who TF is Sultan? And why would anyone want to become a Sultan when they have their own identity, their own recognition in the world?
Next, no investor is perfect or can be perfect ever.
I saw a trader performing well on bybit for almost a year, other traders who were copying his trades were so confident (one of them was my friend and he said that this trader is like Illuminati, he knows every move of the market), they went all in on him with one trader putting over $100k on his trades and copying. That month, he did worst trades and this trader lost his $100k because of unlimited number of trades that the trader opened just to save his capital from being lost in futures, but he couldn't. All he lost was $250 only but that trader lost $100k, so this trader didn't lose money but faith that other traders had on him, the belief in him got ruined after he traded overconfidently. So there is no point in giving any tips to anyone, just stick to your strategy and it will work.

We all know every investment is risky so you shouldn’t be expecting profit immediately you make investment, you have to equal your mind, you might endup winning and also you might endup losing, so as a good investor, your target shouldn’t be about profit always, you should think about lose also sometimes, because anything can happen, no investment is certain.

Whenever you win as a investor, then go back to your journal to check why you win in the investment, and incase if their is lose in your investment, then go back to your journal to check why you lose and you have to find solution to your mistake. You can’t be an investor and you won’t lose money.

Without doing the research before investing, he will not profit unless the investment project suddenly gets a very high pump and he manages to sell his tokens at the highest price. But that rarely happens because of the many new projects, it difficult to know which token will increase.

As investors, we must know how to choose the right project from our research so that we will not be mistaken in choosing the project. Most people who invest in crypto just follow what's trending or based on advice from others so they will just buy it and hold it.

If they don't want to lose money investing in crypto, they can invest their money into bitcoins and leave behind projects that are hard to predict which ones will improve. It would be better for them than looking for coins from the many existing coins.

True and gambling like that I think is a bad choice considering there are other options that are much safer,
losing money in an instant of course it's a blow and it's not easy to accept it for sure,
acknowledgment doesn't make better so better focus on yourself.

I also want to add, like you said, don't claim to be an investor if we can't understand that investing is part of the risk, so whatever we have to accept the risk. Apart from what you mentioned, I think we also have to be able to distinguish between investors, traders, speculators and gamblers because these four things are very different. Each of these activities has a different analysis and of course the action is also different.

An investor aims to generate long-term profits by purchasing assets that have increased in value over time. Investors usually have strong fundamental analysis and consider economic, financial, and industry factors before making investment decisions. Investors usually invest for a longer period of time and are willing to take on greater risks for greater returns.

A trader, on the other hand, tries to take advantage of market fluctuations in the short term by buying and selling assets in a relatively short period of time. Traders usually focus more on technical analysis and make decisions based on price movements and market trends. Traders usually seek to make profits in the short term and are willing to assume higher risks to achieve this goal.

Speculators are, by nature, more aggressive traders and tend to take bigger risks. Speculators usually look for opportunities to make big profits in a very short time and pay little attention to the fundamental or technical factors that support their trading decisions. Speculators tend to have a very high risk tolerance and are willing to accept big losses if they are unlucky.

Gamblers, on the other hand, tend to take risks without doing adequate analysis and only hope to win a fortune. Gamblers do not have a clear investment or trading strategy and often make impulsive decisions. Gamblers usually do not consider fundamental or technical factors and only rely on luck to make profits.

Therefore, it is also important that we don't pretend to be investors if we can't distinguish between investors, traders, speculators and gamblers. Because each of these activities has different risks and potential benefits, it is important to consider these factors before making our investment decisions.

Most investors expect them to succeed. Invest today and expect huge profits from that investment in the future and thus become rich overnight. But they will never get it after investing and if the market condition goes bad then there will be huge loss. So I think those who invest should analyze the investment well and have an idea about crypto and hope to gain later. There are many people who invest in altcoins because they think that investing in altcins will give them good profits in the future. But they never think that most of the altcoins are scams due to which people's demand for investment decreases due to loss. So it is wise to invest in Bitcoin if you are investing for the long term you must invest in Bitcoin. Analyzing the market, it is best to invest and hold for a long time when the price of Bitcoin is down.

Very few are able to be that honest with themselves, most of the time the most common reaction is to try to blame someone else for the losses they have suffered, and while sometimes those people do indeed hold some responsibility, at the end of the day they cannot be blamed about all the mistakes those newbies made.

However that attitude not only prevents them from acknowledging the truth, it also stops them from improving, because if they try to trade the markets again then it is likely they will still obtain the same disappointing results once again.