Topic: Don't have high expectations in the crypto world. (Read 506 times)

could be very good could also be very bad.
because everything must also always have good motivation, good intentions, and good understanding.
if someone is investing in crypto for the purpose of getting rich quick, it really doesn't matter.
but the problem behind that big intention, is being able to not bear all the risks.
because it seems that the existing beginners have high dreams, but can't afford to take risks, that's the problem.
regarding the initial intention of wanting to get rich quick is not a problem, but what must be justified is the journey to that success.

There isn't a business that runs without profits and loss... Infact, that's why it's called TRADING. These two are the major criterion to that ensures proper function.
I don't even think that the fact that anyone shouldn't rush into any business appears to guarantees the reduction in the losses that should be experienced, as long as you're a beginner in it -- I only thing it'll CURB THE SITUATION.
Same thing with the HODLing processes; you'll lose major at first, that's if you haven't had proper orientation as to how things works... I'm afraid you'll keep losing even when you know exactly what you're doing; in HODLing, it doesn't require your opinion to know you you'd wanna loss or not...as long as you're still HODLing funds between the DIP, you'll lose too. At the same time, pay day awaits you with huge profits.

Sandra 🧑‍🦰

When you lower your expectations, you avoid harm. Humans only experience pain when their expectations are not met.

Having a high expectations in crypto is so wrong in the sense that you can't foresee the next line of action of what crypto will be tomorrow. Those who are new to cryptocurrency tend to have high expectations because they were taught that it will yield enormous returns on their investments.

Even when I was a newbie, I've been guilty of having unrealistic expectations in the field of cryptocurrency. I can relate to how it feels when a cryptocurrency investment doesn't turn out as planned. The encounter is disastrous.

The way we explain to newcomers that cryptocurrency is not a get-rich scheme, in my opinion, is the only way to manage their excessive expectations.

For most, yeah. Else, what's the purpose of venturing into the crypto industry or any industry at that. It's always about the profit and cryptocurrency which was supposed to serve as an alternative to fiat payments is now serving more as an asset and everyone holding has lost focus on it serving for an asset, at lesst for now.

So, not seeing it for the profit you ca get is a hard thing go do but, seeing it to be anything easy is where users would be making a hell of mistakes. If it were easy, then everyone would have won but, because of its difficulties, we've got people having there take to run off in loses. This doesn't mean therr atrnt others who are seeing themselves to some profit.

The average crypto enthusiast wants to get rich quick via crypto, it is now somewhat of the mindset of the majority; in another thread some days ago, i found out that an average South Korean youth who is into crypto is basically in it to get a good life, and prolly escape poverty that is an obvious issue for him and his mates. With that kind of mindset you begin to wonder the possibility of these kind of people not making a costly mistake in the long run, because get rich quick investors usually skip some valuable lessons in the network.

Having said that, i have absolutely zero problems with a person being ambitious, but sometimes it is best to know what can actually come to fruition, and what cannot, i mean, it definitely helps one to control the risks they take, and to be able to handle disappointments when they come (because they definitely will).

In cryptocurrency investment, it's something that have to do with both advantages and disadvantages, so therefore i believe that Bitcoin have do with many things, and before you can as well become propagate in Bitcoin investment, either trading, short term investment neither Long term investment, you most have known the foundation or the rudiments of Bitcoin, let me be plan or district to you op, what gives profit in Bitcoin investment, is ability of the investors to microscope the market chart before investment and after investment. So if investor can interpret a Bitcoin chart, theirs every tendency that they will be a sustainable profit towards your investment.

I agree that having high expectations is okay as long as it is realistic. It may be like a spirit to learn crypto seriously. Without expectation, beginners may learn crypto without big motivation. However, it is true that beginners must realize the obstacles and potential risks, too. So, they don't think that it will be easy to achieve the expectation. There are some beginners who expect to gain big money instantly, it is surely the wrong expectation. Before thinking of gaining big money, beginners must focus on learning first.

When you expect be it high or low you will be disappointed or you are prone to being disappointed. So even if you have to expect as a human it doesn't need to be high. When your high expectations fail it can lead to depression and it may lead to taking extra other risk which might not be necessary at all.
In all you do be moderate and don't expect much so that you won't be badly disappointed if your expectations are not met.

Although there may be many members that don't agree with this, for me, I do really agree with this. The too high expectation in crypto is not good not only for beginners but also for everyone in this crypto business. I have had several bad experiences with having a too high expectations. But the result really was not what I thought and expect, too far away and the expectation never comes true. This is what I feel so far. that is why after several bad experiences about those, I suggest myself that never expect too much in crypto. If I have good profits, I will take it as a bonus. but I will not expect too much, only set certain targets that are really affordable to reach and realized as possible.

Taking risks must also be done in a smart way. do not be too careless with the investment that will do. Many of them failed because they were too brave to take risks and had high hopes without being equipped with sufficient knowledge. They only hope that without having management, put in enough money without research first. Volatility can be very dangerous if you don't know what to do.
High expectations must also be balanced with sufficient knowledge, as well as carrying out capital management and risk management, it will help us to achieve these expectations.

high hopes after going through an in-depth analysis process then it will be very good. However, high expectations without first being equipped with qualified analysis and knowledge will indeed not be good. But to be honest I also have very high hopes in crypto. but especially in bitcoin. But even though I have quite high expectations, that doesn't mean I have to spend more money. but I still control myself by only using the money that is ready to be risked in this high-risk investment. because I realize that crypto volatility is very high, different from stocks and property. But to go to a more advanced step sometimes we have to dare to take risks. but of course with caution.

I guess the majority of newbie in crypto expect huge returns for their small investment. Obviously that's impossible even though in the past it was possible. Early bitcoin investors get huge returns more 10 years ^{[2009 - 2021],} if they can actually survive the market fluctuations during that time. Likewise with altcoin, they need time to get return - of course being patient is important.

I believe there is a return on investment, but its size depends only on the investment assets in the portfolio and the amount of the investment budget. They must be patient, and they will be get worth it returns.

While all you have said are true still I won't discourage anyone from having high expectations in the industry because they're all possible but what I'll advise against are for those expectations to be long term goals and not short term. Have the big dreams but do understand that those things take time. Don't come into the market with the hopes of making $100k from just $100 investment in a period of 1-2years, sure people have done it in the past but they were very lucky and didn't even know it'll work.

When people want to make quick money in the shortest time possible, these are the reasons we have so many unnecessary coins flooding the market,  polluting it and causing investors to loose trust in the industry. If you plan yourself well without having to chase after every new trend or shit coins been launched, you can still achieve your goals of financial freedom, just have a longer timeframe.

I don't mind high expectations in the crypto space as long as they are reasonable. But of course, duck can never be a car if one doesn't know how it works. I mean, $100 may never buy a car, but if they manage their budget well then there must be hope that in a few years they can buy a car. But either way, some one shouldn't expect to get rich overnight on crypto.

beginners who have high expectations in the crypto market are not wrong. it means they have an extraordinary interest and affinity for crypto. like that, someone who is new to crypto will start making plans gradually regarding investing or trading.
Everyone certainly has expectations in life. but of course, they also have to be aware of some risks that must be faced. Most importantly, when we are aware of the risk and we consciously take it, even though it will fail in the first step, it will not be a barrier for beginners to develop their potential.

the most important thing is not to place our high expectations on the wrong assets. we can have high expectations when we invest in the right assets. it's not a problem when we also do the planning properly. we can also expect the trades that we do, as long as we do have sufficient skills to be able to continue to be profitable in trading. even if it is a small amount.

but some beginners have very little experience. or maybe because they were too excited to do it. it makes them look like suicide. without knowing which asset is worth buying, and instinctively they buy shitcoin in the hope that it will get a decent return. or knowingly following the advice of friends or others when placing futures trades without proper skills and knowledge.

we can have high expectations when we do have the ability. otherwise, I'm afraid the crypto space will only dash their hopes.

I guess most of us who start in cryptocurrency expect to get rich easily when we invest in it, probably because we know someone or we have a friend that gets lucky on cryptocurrency that gets rich easily. And then when you enter cryptocurrency you also expect that it is an easy investment where you could easily profit when you just invest. And then after losing a lot of your investment you start to learn more about crypto and learn that it is not that easy, that you need to be careful investing in it and not make it something that you would rely on because not all people who invest in it will earn a profit, only a small percentage of investors win and most of the investors are losers.

And then you started to earn profit in investing because you already learn bitcoin, and then it all started from that you are interested already and wanted to share what is cryptocurrency or bitcoin and what it is capable of. For me, it is just normal for a lot of people of beginners to have high expectations, but the truth is we all have high expectations in it that is why we continue to invest in cryptocurrency because we believed on it that someday even though it hit a very low price at the moment, in the future it is going to repeat history where it is going to hit its new high and all of the people who invested when it's low get their reward.

Unfortunately, if we're realistic, the majority of us won't make a fortune through cryptocurrencies. Most of us missed the train when Bitcoin was extremely affordable in the first few years of its founding, making it almost impossible to have a similar opportunity if you're starting from scratch. Personally, I'm fine with having a small side income through cryptocurrencies; becoming rich isn't one of my goals, nor is it realistic. However, as you've already mentioned, this perspective is often portrayed by the media, showing a minority of people who were clever, lucky, or both and took advantage of the earliest years.

Aye dude you have a good point but believe it or not you and I maybe still have feel the wild ride to this date. 

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But yeah High Risk High Reward that is crypto is, just don't FOMO its bad, there is always an opportunity out there. You not losing the train and its better late than do no thing.

Like Stalker22 have said its crazy wild ride and pretty much can attack your mental  but with proper risk management and keep education ourself it will be fine.

But the heartbeat part is still there  the price is volatile you will feel it.

One can't go into something without having an expectation, that's where the joy comes in, investing or putting your resources into something, means you you should be expecting something in return, just like gamblers they have high expectation on the return that's why they stake, having an expectation is the fund of investing into something, that you will want to get a return from. So having a high expectation is the beauty of investing in crypto currency.