Topic: Don't have high expectations in the crypto world. - page 2. (Read 506 times)

It’s not a problem to expect much in crypto but also make sure you know your limits when it comes to risky investments. Otherwise, you will be more eager to invest without thinking about the risk of losing, just because your mind is focus on the idea that crypto can make you real rich quick. So manage your risk, and always invest on the amount that you will not regret losing.

This perspective comes up because we are seeing so many people become rich because of crypto, so many people are able to get high profits from crypto trading and investment, and how many people spread and notice their accounts with huge money because of this crypto business.

But, most of them don't understand and don't even want to see what kind of process that that successful crypto results have been passing. We sometimes only see the success of someone, but we don't consider what kind of obstacles and experiences they have been passing. This will not be easy for us and they may also have experienced bad things very much in this crypt business. But as long as doing good consistency with good evaluation to be much better, they finally can be successful as we think right now.

But unfortunately, many newbies don't see and cosnider about this. Many newbies consider that it is very easy to be rich from crypto that is why they want instat ways. It ends up in getting scammed becuase they are easily deceived by the scammers with high profit promises.

It may also be known to us that crypto is not just life changing because of millions of profits you can gained from it, but it can also be a reason to turn your life upside down because you chose to deal with crypto the wrong way. The reason why setting high expectations are also not helping since it can lead us to frustrations and even anxiety. So live your life according to its realities. That way, you don’t have to exert much efforts especially in some things that you know won’t work in the end.

I will add this threat every thing that has the potential of giving back high ROI as a business. Generally life is full of risk but while we venture into risky stuffs with good prospects it is wise to keep our expectations feasible with low greed. Like the digital assets that are highly volatile it is better to take profits periodically if there are signs of more ROI than risking out everything. Sometimes external forces can push the market in the opposite direction of our analysis and predictions so to avoid been trapped taking profit and risking less safes our capitals from future calamity

You have a good point. No matter how risky it is, as long as you have your own plan on how to make it work, and you have faith in crypto that’s why your determined to succeed, then it’s never an issue if you set high expectations for crypto. For me, it’s also a sort of good motivation because I won’t be striving hard if I know from the start that taking all these risks are worth for nothing.

I don't think have problem with huge expectation in cryptocurrency world due many people have been success here but not blame about how many trader or investor losing their money after investing and trading in Bitcoin. Based on Bitcoin or altcoin price increasing seems not matter with high expectation in cryptocurrency world because many coins up more than above 1000% after launching and depending how lucky we are when investing in some altcoin.

Just make hard research before investing in Bitcoin or altcoin because always has potential one time to earn much profit trough cryptocurrency coins and we don't know which one coins will make us rich.

There’s no wrong actually if you set high expectations for crypto, that’s unavoidable knowing the news is all over the internet that a lot of people have been making millions because of crypto. As long as you are fully determined and you have set yourself to make it happen becoming successful in crypto, that will always be possible. But you should also know that crypto has its high risks, so you should learn to manage the risks associated with crypto.

Not everyone will be so lucky when they invest in crypto. Some became very wealthy because their investments exploded due to huge price increases, but the majority did not. I think it's okay to have high expectations about this investment, that's optimistic but it has to be commensurate with the investment budget one has.

I think one can expect 0.0041 bitcoin today to bring them high returns in the future. The estimate is $283 if bitcoin returns to $69K, or $848 if bitcoin can touch 3x its previous ATH. This was an unmistakable high hope, but it was only a matter of time and how likely they would hold it without a doubt.

It is not nice to have high expectations in cryptocurrency especially when you did not invest a very huge sum amount of money and also when you did not hold for a minimum of five years.

Having high expectations will do one of the following to you, it will either make you not to sell when you are supposed to sell because your expectation is not met. Or it will make you to invest in shitcoins were  both your capital and profit you will not see either of them. So it is better to invest what you are able to lose and not lose all because of high expectations.

As the market has been bearish for a long time, investors' confidence in cryptocurrencies is increasing along with their expectations. But there is reason enough to raise expectations. Because the crypto world has given such hints many times. But expectations should generally be realistic. If I expect a target of $100000 in the next 1-2 years for Bitcoin, it certainly cannot be exaggerated. But here if i expect 1 million usd that may be exaggeration. Must acquire the ability to analyze oneself based on data and acquire sufficient knowledge on how to adapt oneself to the combination of current and future.

Not just in crypto but also in other aspects of life high expectations always find a way to bring you down so expect the worst just as much as you expect the best. High expectations are bad because of the high level of disappointment it brings along. In crypto high expectations often leads to greed which results to loss of assests so its bad for everyone not just beginners to expect so much from a project.

It is critical to move toward any speculation with a sensible and objective outlook, remembering ventures for the crypto world. While the potential for exceptional yields can be enticing, it's memorable's vital that putting resources into digital currencies accompanies an elevated degree of hazard.

Here are a few justifications for why it very well might be fitting to not have elevated standards in the crypto world:

Unpredictability: Digital currencies are known for their high instability, and that implies that their costs can vary quickly and unusually. This can prompt huge additions or misfortunes, contingent upon economic situations. This unpredictability can make it hard to foresee the exhibition of digital currencies over the long haul precisely.

Absence of guideline: The crypto market is to a great extent unregulated, and that intends that there is no administration oversight or security for financial backers. This can make it hard to safeguard your ventures and may build the gamble of extortion or robbery.

Absence of standard reception: Regardless of developing interest in digital currencies, they are as yet not broadly taken on by standard organizations and purchasers. This can restrict their true capacity for development and make it challenging to acknowledge critical profits from ventures.

Specialized intricacy: Digital currencies can be actually perplexing, which can make it hard for the typical financial backer to comprehend and assess their true capacity. This can prompt deception or errors about the innovation and its possible purposes.

While there is potential for development and benefit in the crypto world, moving toward these ventures with alert and sensible expectations is significant. It is likewise fitting to talk with a monetary guide or direct your own careful exploration prior to putting resources into digital forms of money.

Without high expectations I won't put in the work, I think high expectations have everything to do with excitement and if you are into something you love doing then the excitement will be present and high expectations will be your end goal, it is actually a good thing to be honest.

Eureka_07 said too much of everything is not good, well, have you heard the story of how Airplanes are made? Those people dedicated their entire lives trying to find the solution to make planes fly in the sky, all their lives, they believed it will work out. If too much of everything is bad they wouldn't have gotten anywhere.

When it comes to your dream you don't play around or try to give up, this is not sugar, or smoking or sleeping with females around, I am talking about something that can bring huge change and impact lives around you. There is no too much when it comes to dreams.

I guess having high expectations in crypto especially for beginners is not that bad actually since it can serve as their motivation to gain more knowledge and understanding about crypto, to be more patient and resilient about crypto. The only reason it becomes bad is that when these newbies start to assume that there is always huge profits in crypto, and that the chances of losing is very small. So they end up believing in lies because the fact is crypto has its higher chances of losing especially if you believe it’s a get-quick-rich scheme, and it could be life changing too once you put all your life savings in crypto and lose them all in the process.

We hear this proverb a lot, "too much is not good". Similar to the amount of expectation, I believe we should never expect too high if the odds are obviously showing it or if we do not know anything about the matter.
Remain neutral, I think it is a good discipline for someone being a newbie. You can expect things to happen, but they should be closer to reality. Be rational.

For me here is good, Because some of us are destined by everything you start and get a good deal on, and because we are not all doomed to failure in any way, expectations are good for Crypto beginners, in my opinion. For example, some people who started investing in cryptocurrency made a good profit right away and continued to do so over time. However, for others, it will take a long time before they start making a profit.

Crypto is not a place to get rich quick with an instant experience. It takes a long time and a lot of work.
Those who look rich and have a lot of assets certainly do consistent work in crypto.
Defeat after defeat will indeed create a strong mentality. Understanding the basic knowledge that must be learned must be done, do not enter an unfamiliar place without finding out whether it is safe or not. Research is very important.
I feel it myself how to struggle to survive in crypto, trading, investing etc. I did in crypto and even lost some valuable assets of course I have also felt. Stay calm and focus on the main goal.

Having expectations is good, but when It becomes too ambiguous or vague, it becomes a problem. The best way to channel your expectations as a newbie in crypto, is to learn by research, ask older members/users and participate in contributing your opinion to thread posts on boards of this forum.
Once you feel you know alot to give it a try, take a shot at owing some crypto and use it to perfect your particular interest in cryptocurrency world.
With these careful calculated goals, your expectations would not be too high nor too low to see through. with steady dedication to the acronym DYOR which stands for do your own research, I believe your expectations would be easier to fulfil.

Hi @Sarah Azhari, I'm new to this forum.
I apologize in advance as this is the first thread I've created.
I try to convey my thoughts and also as a reminder for myself and for other beginners not to just have high expectations in this crypto world.
I don't understand what you mean, why should I fight back on what was said or other people's opinions?
I always visit this thread I created and always read all opinions submitted.
I haven't commented yet doesn't mean I left the thread I just made.
Instead of you hating me, I ask for your wisdom if it turns out I'm wrong or I break the rules remind and teach me.
Do you think my thread is inappropriate and should be closed or deleted? Or why should I close my thread?.
Please give me a clear and good explanation without hating newbies like me.
Thank you and apologize to all if I'm wrong and ask for guidance because I'm still a beginner.

I really hate it if someone creates a thread but never comes to counter what he created.
OP, you must answer a conclusion because lots of advice will be found about crypto investment, so if you are on exchange, you will find that notice on every website, so nothing to worry about it.
Also, we will find that notice in general on every thread here.
So if still general, and you don't find any especially answer, you must close it.