Without much agitation as why it should be otherwise, I think most of the cryptocurrency investors that comes to pick up the innovation for an investment forget the fact that, the field have been a decade plus old and although we continue to have more internal innovations, it's best age is long past.
The most you could do to benefit more from its future is to be patient and patience is what these guys lack the most. They invest today and belive they should be rraping in few days or weeks or months as the case maybe be.
The question here is;
Where is the profit expected to come from? Out if the thin air?
Ofcourse from new investors for which thy could be playing the part as well. Its just the what it is.
Topic: Having losses? Or people are not going the right way (Read 855 times)
Most of the people got in during the peak of the market when the hype is so strong. It is obvious that when the hype fade, the price will correct itself, and those who invested in it will surely suffer losses. Those who invested in BTC are definitely going the right way but most of them lack knowledge and patience so they derail from the correct path and give up their holdings at a lost. If they only intended to hold for a long term, I think the survey won't have the same result.
While those who invested on altcoins that are shitcoin and are only driven by hype, are definitely in the wrong way.
Those who made successful journey in crypto do not mean that they don't suffer losses at first. Of course they were but they were able to overcome it and stay positive despite of their struggles. If only those investors were patient enough to wait for the best entry and the best exit, and were never tempted to maximize altcoins investment, then its for certain that they mostly reach their expected profits. While those who invested on altcoins that are shitcoin and are only driven by hype, are definitely in the wrong way.
The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021.
That's why it says "volatile", you may see the price will just randomly exploded for some reasons in just matter of times . People are not ready for this especially in altcoins where they think that they can just let the coins freeze in their wallet without any proper research first. The way they watch their altcoins are totally wrong hence the losses are in their hands.Do necessary research and set parameters in every coin we buy even it is presale or already in the market.
Let's be real here, most of the presale coins are worth nothing in the future because most of them are just scammers and failed at the end without getting listed in any exchanges. Even though they manage to list it, the price would look really bad in just few days. I'd recommend to just stay away with it, unless you know what to do and sure with whatever risks you face later on. 
It's about being lucky with that kind of altcoin that we're investing especially if we are participating in a presale campaign. Even private sales campaign won't guarantee you an edge because there are chances that it will go even lower than its price. And worse, most of the private sales has a vesting period.
Yes I agree with you about the "diamond in the dirt" thing regarding altcoins. Been there done that.
You can't blame them for investing in altcoins, there's a diamond in the dirt and everyone's thinking that they should just keep on accumulating those coins because they wouldn't know which one is going to pump real fast so that they can become instant millionaires.
It's about being lucky with that kind of altcoin that we're investing especially if we are participating in a presale campaign. Even private sales campaign won't guarantee you an edge because there are chances that it will go even lower than its price. And worse, most of the private sales has a vesting period.
Yes I agree with you about the "diamond in the dirt" thing regarding altcoins. Been there done that.
I think having losses is common among traders. As long as it's bearable, losses are always a lesson but a tragedy when people are not going the right way. There are speculations, fake news, fud etc; are might be a reason. Make sure everything is in your control.
Everything cannot be in your control but you have to know how to handle everything like as if you are in control. Market ups and downs are a part of the market, it does not mean you are facing a tragedy. While keeping your cool during stress is one thing, dealing with pressure from sudden market movment is another thing.People make mistakes in this market, those are your chances to pounce on a quick low price buy or a high price sell. These chances will come but you have to be vigilant once you enter the market.
Losses will happen, but take them as lessons and try not to repeat them.
A normal thing people can easily catch their eyes with the easy earning of money and for sure many people get encourage to do this at the same time because they want to make their savings more profitable and again the market is volatile and it is all up with your decision to make a hold or sell your assets and of course once the market is currently going down there's a chance that you might get feared and panic selling those holdings you have.
Meaning that not because we invest in Bitcoin we all gonna make a profit. Losses is inevitable and that also lies in our hands as we make a decision differently. We saw some people make rich in crypto, and gain thousand or million dollars, and literally, we ask how? And they probably will answer buy, hold, and sell at high - that seems easy to understand and it was not hard to do. But unfortunately, not all went successfully, many had lost their minds due to panic and impatient. Nobody who has HODLED for over 6 years has ever lost money. Bitcoin should be seen as a long term investment. If these guys can’t handle the heat, they should stay out of the kitchen. Great volatility is the price you pay for life changing profit. Patience is of course, key.
I think having losses is common among traders. As long as it's bearable, losses are always a lesson but a tragedy when people are not going the right way. There are speculations, fake news, fud etc; are might be a reason. Make sure everything is in your control.
Thing here is that you should really able to make yourself sustainable so that you you really be that able to survive this unpredictable market.Dont mind other people or traders in the
market because it would really just boggle up your mind on what you should gonna do.Always focus on your goal or target on a particular day or long months
because you are the ones who would really be handling out yourself on this very unpredictable market.
Nobody who has HODLED for over 6 years has ever lost money. Bitcoin should be seen as a long term investment. If these guys can’t handle the heat, they should stay out of the kitchen. Great volatility is the price you pay for life changing profit. Patience is of course, key.
I think having losses is common among traders. As long as it's bearable, losses are always a lesson but a tragedy when people are not going the right way. There are speculations, fake news, fud etc; are might be a reason. Make sure everything is in your control.
The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021. If an holder bought at high price, they may not want to wait again and sell in losses after coins like bitcoin has already reached all-tim-high. Some people that invested at low price can gain but altcoins are more risky.
The truth is that most of people that invest in altcoin are always with the mindset of 100x returned on investment which may never be achieved unless on a pump and dump projects and most of the altcoins are programmed that way but can also crashed to zero price so investors have developed a mindset of selling off whenever the price pump since they have learned from past experienced, that altcoin can hardly recover after any drop in price unless for a few of them like Ethereum who follow closely with Bitcoin market movement.Take a look at most of the altcoins that have crashed before, altcoin doesn't have the recovery capacity that bitcoin has to recover from any bear season and still make an all-time high.
A normal thing people can easily catch their eyes with the easy earning of money and for sure many people get encourage to do this at the same time because they want to make their savings more profitable and again the market is volatile and it is all up with your decision to make a hold or sell your assets and of course once the market is currently going down there's a chance that you might get feared and panic selling those holdings you have.
It’s a golden on trading to take profit when happy but you can maximize your profitability if you are using fibonacci level to determine the percentage of profit to make your trade efficient rather than using just your emotion on taking profit. I’m always encountering this kind of comment on thread like this but how do you determine if the profit is small or huge?
Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.
It can be seen from many things in determining whether the profit is small or large.Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.
The most obvious example is when the price gets a pump and makes the price soar suddenly, giving us a big profit.
But if the price increases but is not too high and there is a tendency for the price to fall again, we can sell it at that time and our profit will not be too big.
It will all depend on the state of the market, how the price moves, and how much profit we want.
The important thing is not to be greedy in taking advantage because otherwise, we can lose profit.
Investing without a proper knowledge of what they are getting into is one of the common reason on why investors are having losses. It's because they buy a coin not knowing if this is the right one or even worthy to hold. Some people who invest in crypto became interested just because they saw an ads about it or through influencers promoting the particular coin saying it's profitable to invest.
The other one is buying at peaked price but cant bear seeing the price moving downward, due to lack of patience, panic selling is their solution on this situation while other investors who have high hopes are disappointed because it's not the scenario that they expected when they invest. Anyway investing is risky thus if you decided to take risk dont expect too much and be prepared. Always remember the saying "good things will come to those who wait" so be patient.
The other one is buying at peaked price but cant bear seeing the price moving downward, due to lack of patience, panic selling is their solution on this situation while other investors who have high hopes are disappointed because it's not the scenario that they expected when they invest. Anyway investing is risky thus if you decided to take risk dont expect too much and be prepared. Always remember the saying "good things will come to those who wait" so be patient.
The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021.
they trusted those coins because of the Idea that this will make them rich in shorter time.
In addition, they might also invest more in bitcoin, but when bitcoin drops in value in a short period of time and makes them panic and sell them, this will also result in them losing money.
The loss not only happens when investing in altcoins but investing in bitcoin will also make them lose money if they don't understand how bitcoin works and just want to buy and sell them right after to make a profit.
those who are too involved in the crypto altcoin project will probably have the same opinion as the news source.
but for those who entered bitcoin from the beginning, they must have had a different response.
because it is true that altcoins have very high fluctuations. even many of them end up rugfull, scam etc.
That's why it's so hard to find a suitable altcoin to enter as a long-term investment. only a few names to date have continued to display positive charts. like ETH. but still very high volatility.
so I myself do not dare to invest long term in altcoins. I only dare to invest long term in bitcoin. because of this bitcoin gives more than i expected. even when fud continuously attacks bitcoin. but bitcoin is still standing strong and remains number one.
but for those who entered bitcoin from the beginning, they must have had a different response.
because it is true that altcoins have very high fluctuations. even many of them end up rugfull, scam etc.
That's why it's so hard to find a suitable altcoin to enter as a long-term investment. only a few names to date have continued to display positive charts. like ETH. but still very high volatility.
so I myself do not dare to invest long term in altcoins. I only dare to invest long term in bitcoin. because of this bitcoin gives more than i expected. even when fud continuously attacks bitcoin. but bitcoin is still standing strong and remains number one.
We suffered losses not only because we do the wrong things but because of the volatility of the market, this will actually happen, and find no excuse for that. It seems to know that it was acceptable unless the situation is getting worse and even lost many times that is something to say it was not good at all. Some factors are :
- wrong choice of coins
- emotions/panic selling
- knowledge
- being impatient
And I was sure that many people/investors had carried these things and no way they can escape from losing their money.
- wrong choice of coins
- emotions/panic selling
- knowledge
- being impatient
And I was sure that many people/investors had carried these things and no way they can escape from losing their money.
Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions
which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.
I prefer to withdraw profits, even if they are small because I believe the profits can be big if I keep trying.which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.
Maybe people want to take advantage when the price is high so the profit will be even greater.
They should be able to learn to reduce losses, especially if they know that the price will continue to fluctuate and even the price will move so fast.
Yes, we must be wise in making decisions so we don't suffer big losses like others.
It’s a golden on trading to take profit when happy but you can maximize your profitability if you are using fibonacci level to determine the percentage of profit to make your trade efficient rather than using just your emotion on taking profit. I’m always encountering this kind of comment on thread like this but how do you determine if the profit is small or huge?
Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.
or bottom and this is the time you would make out some conclusion whether you had just made out some good decision on selling or you had just been to early on taking action.
Due to unpredictability of the market then it is really hard to point the precise levels and speaking with tools been used in regarding on that decision making then it would be falling
whether you are relying into those indicators or just simply been following with your own gut or emotion.
Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions
which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.
I prefer to withdraw profits, even if they are small because I believe the profits can be big if I keep trying.which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.
Maybe people want to take advantage when the price is high so the profit will be even greater.
They should be able to learn to reduce losses, especially if they know that the price will continue to fluctuate and even the price will move so fast.
Yes, we must be wise in making decisions so we don't suffer big losses like others.
It’s a golden on trading to take profit when happy but you can maximize your profitability if you are using fibonacci level to determine the percentage of profit to make your trade efficient rather than using just your emotion on taking profit. I’m always encountering this kind of comment on thread like this but how do you determine if the profit is small or huge?
Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.
Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions
which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.
I prefer to withdraw profits, even if they are small because I believe the profits can be big if I keep trying.which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.
Maybe people want to take advantage when the price is high so the profit will be even greater.
They should be able to learn to reduce losses, especially if they know that the price will continue to fluctuate and even the price will move so fast.
Yes, we must be wise in making decisions so we don't suffer big losses like others.
Nearly half of US adults say their crypto punts are worse than expected: Survey
To read the news in details, you can follow the above link.
The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021. If an holder bought at high price, they may not want to wait again and sell in losses after coins like bitcoin has already reached all-tim-high. Some people that invested at low price can gain but altcoins are more risky.
Bitcoin has always reach all-time-high. Many people that complained before the present all-time-high with unrealized losses (people that did not sell when they were losing) later gained and were all happy, bitcoin increased from $19500 all-time-high in 2017 to $69000 all-time-high in 2021. Bitcoin market has been unfavorable this year but which people that know about bitcoin are not surprised about, they have predicted this bear market before it happened. If bitcoin is presently at $21000 by now, they should know that the market is healthy, that they should not sell in loss. If they hold bitcoin, all-time-high is coming, I am predicting the next bitcoin all-time-high to reach over $100k.
Bitcoin will reach its peak one day but it is not far away.What you predicted will happen very soon.We may see Bitcoin price 100k very soon. Those of you who have already invested will never be disappointed.Will the market grow or not? I can say that since you bought and invested in Bitcoin, hire a long-term vision.You understand the result of waiting but it will definitely be good. But if you have seen the price of Bitcoin as high as $69k then there is no reason to be disappointed.Of course you can believe that Bitcoin will reach its peak very soon. Quote
It's too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money.
Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing lower than expected returns on their crypto investments.
The survey gathered responses from over 6,000 randomly-selected adults across the United States, with panelists participating in self-administered web surveys.
Conducted from July 5 to 22 of this year, the majority of respondents who said they had invested in crypto said they saw lower than expected returns than expected while only 15% of people surveyed said their crypto investments had done better than expected. Meanwhile, around 31% said it was "about the same as they expected."
Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing lower than expected returns on their crypto investments.
The survey gathered responses from over 6,000 randomly-selected adults across the United States, with panelists participating in self-administered web surveys.
Conducted from July 5 to 22 of this year, the majority of respondents who said they had invested in crypto said they saw lower than expected returns than expected while only 15% of people surveyed said their crypto investments had done better than expected. Meanwhile, around 31% said it was "about the same as they expected."
To read the news in details, you can follow the above link.
The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021. If an holder bought at high price, they may not want to wait again and sell in losses after coins like bitcoin has already reached all-tim-high. Some people that invested at low price can gain but altcoins are more risky.
Bitcoin has always reach all-time-high. Many people that complained before the present all-time-high with unrealized losses (people that did not sell when they were losing) later gained and were all happy, bitcoin increased from $19500 all-time-high in 2017 to $69000 all-time-high in 2021. Bitcoin market has been unfavorable this year but which people that know about bitcoin are not surprised about, they have predicted this bear market before it happened. If bitcoin is presently at $21000 by now, they should know that the market is healthy, that they should not sell in loss. If they hold bitcoin, all-time-high is coming, I am predicting the next bitcoin all-time-high to reach over $100k.
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