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Topic: I started investing in crypto 4 years ago but recently did I made profits (Read 1358 times)

member
Activity: 812
Merit: 13
Crypto bookmaker and casino
Why would you follow other people if you can do your own research and know the credibility of the project? Those people were getting paid to advertise the project, they didn't do it for free luckily I never participated to DeFi that's been pull rugged and so far I did make good money in DeFi projects although the price of these projects were really volatile and I nearly lose all my money because of it.
So many projects had become rugged and investors had lost there funds through this means and one thing I start to understand about cryptocurrencies is that for your project to be on top you need to hype it or you will never get to anywhere with your project. I have seen so many great project that started well with high investors getting rugged at the end of the day which was quite disappointing.
legendary
Activity: 3122
Merit: 1140
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.
It's not worth it but a few get lucky and they're able to make from those trades even if they don't know what they do. It's like less than 1% of those who have made it really makes it.
But in all of it, investing without knowing the risk and what you're doing is a big NO. You can't do the same mistakes again because you'll learn from it anyway.
There are many people who invest like crazy without knowing much, and the truth is something very risky, I think that now more than ever it is more risky because we are in a moment where the world can end up having a war, either between countries or by military force and nuclear, so right now in these moments I would recommend short-term investments, which will leave money quickly, and not in the long term, the only investment that I recommend in the long term is bitcoin and that because without bitcoin there would be no altcoins, they would not have life , everything has life thanks to Bitcoin, and that is something that every crypto investor should know and never forget.

These are common noob mistakes specially when they had initially known about crypto or Bitcoin on somewhere else or anyone who had showed up some profits on which they would really have thought that money making would be something easy into this market.
For those who had been on long years on this crypto market had eventually that kind of awareness and experience on how this market behaves.You cant really just make out
on repeating the same mistakes again when you had just been starting.
Good for those people who do make out profits and keep trying and be smart into those people who had been experiencing negatives.You cant really able to learn
if you wont really be making yourself accepting those mistakes that you had done in the past.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.
It's not worth it but a few get lucky and they're able to make from those trades even if they don't know what they do. It's like less than 1% of those who have made it really makes it.
But in all of it, investing without knowing the risk and what you're doing is a big NO. You can't do the same mistakes again because you'll learn from it anyway.
There are many people who invest like crazy without knowing much, and the truth is something very risky, I think that now more than ever it is more risky because we are in a moment where the world can end up having a war, either between countries or by military force and nuclear, so right now in these moments I would recommend short-term investments, which will leave money quickly, and not in the long term, the only investment that I recommend in the long term is bitcoin and that because without bitcoin there would be no altcoins, they would not have life , everything has life thanks to Bitcoin, and that is something that every crypto investor should know and never forget.
full member
Activity: 560
Merit: 143
Active 24/7
If trading is done without a proper knowledge, such circumstances can happen. However, it is not less than that you have succeeded in the end through various adverse conditions for a long time. But I'm sure what you achieved in 4 years of experience will help you to recover that losses. At the moment it is better to Forgetting the past failure and start new joinery in crypto.
The Crypto projects are one of the promising projects I have seen and I strongly believe that they always puts more profits at the end. Perhaps some people have lost gigantic section of their assets and they have lost all hope in trading, but there's one clear people don't get when trading. Before opening an trade that one have already taken the decision that it's either you win or lose. Secondly, always trade what you can afford to lose, it definitely help the trader interms of making random decisions.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.
It's not worth it but a few get lucky and they're able to make from those trades even if they don't know what they do. It's like less than 1% of those who have made it really makes it.
But in all of it, investing without knowing the risk and what you're doing is a big NO. You can't do the same mistakes again because you'll learn from it anyway.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
If trading is done without a proper knowledge, such circumstances can happen. However, it is not less than that you have succeeded in the end through various adverse conditions for a long time. But I'm sure what you achieved in 4 years of experience will help you to recover that losses. At the moment it is better to Forgetting the past failure and start new joinery in crypto.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
So you mean what you had in those 4 years are only a pure losses because you don't know what you have been through? But that loss must be massive and yet you didn't quit. That's impressive not like to those who only experience a few losses but they get discouraged immediately and didn't continue anymore.

When you practice and became an expert at it, there is no need to follow influencers because you can now do what they are doing and maybe your analysis are much better than them. In my case, I never tried investing in defi yet. The negative reviews that I read is enough for me to not to try them. I never got rugged on them but I did experience to lose on some crypto projects before.
sr. member
Activity: 994
Merit: 441
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.
legendary
Activity: 1176
Merit: 1056
I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?
In fact, you know very well how risky and harmful it is to directly invest in crypto without any experience.But I believe that the experience you gain will be useful throughout your life.While investing you should always keep in mind the type of coin you are buying and investing in.One should invest after keeping in mind how safe it is and how profitable it will be in the future.And it's always better to buy and invest in risk-free coins.
legendary
Activity: 3094
Merit: 1127
My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.
A common mistake for newbies who are trading is being attacked by their own greed. This happened most of the time especially if the projected profit is way higher than the expected one, greed shows itself until the price go downfall and the trader can't sell knowing that there will be a regret later. Iv'e experienced it multiple times and even I who trades for years now are getting caught in this kind of situation sometimes. It's hard to perfect the market psychology.
Regrets do always happen in the end and this is where learning do comes next or come from is on the time that you had able to commit out mistakes and errors which would really in result on losing money.
You cant really just able to avoid such thing on being greedy whenever you do see someone do make huge chunks of profits, but you dont really know on how much they have lost on that particular trading session?
Things cant really be learnt up easily and it would really involved lots of time and effort before you could really have a good grasps of it.Investing does involved certain risk which basically means
that whether you would earn profits or losses depending on particular different timeframes or sessions.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.
A common mistake for newbies who are trading is being attacked by their own greed. This happened most of the time especially if the projected profit is way higher than the expected one, greed shows itself until the price go downfall and the trader can't sell knowing that there will be a regret later. Iv'e experienced it multiple times and even I who trades for years now are getting caught in this kind of situation sometimes. It's hard to perfect the market psychology.
jr. member
Activity: 168
Merit: 4
My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
Well im just answering to the tittle, i think you did made a profit after a major loss but the profit you made is as much as your loss is nothing in front of it i remember the days of 2020 and ATH so if you really didn't made a profit i think you should leave the topic i not then bro increase your more holding power as hold reefers to the bright future. Let me consider that you really made mistakes and then learned then made profit then you are an example to the newbies as they can be motivated by your story.

Note: Im just Answering the Tittle
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
Knowing very little things and fathom of trade is important, and before selecting a coin, one should acquainted themselves with it. Famous cryptocurrency defi coin will have a boost as things stabilize. The concept that Defi is more personal and provides the best potential to increase wealth in a well-secured approach is well understood. But keep in mind that placing blind faith in anything is not a fine decision.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
Everyone does have a different time to be able to make a profit, the most important thing is that we must learn from every mistake we make.
Trends in the crypto world often change, we must be able to follow the latest trends, so that we can always follow the development of the crypto world. Indeed, many influencers have had a big impact on the development of the crypto world, the most important thing is that we don't rely on influencers to choose the coins we will buy for investment. Because most influencers promote projects that provide benefits for themselves.
We must believe in our own ability to analyze the market, if indeed we feel less confident in our analytical skills, should indeed have to learn to improve our analytical skills. Because the crypto world is full of scams, so the only one we have to trust is ourselves.
Each of us does have a different goal and not all will sell early for a small profit but others will prefer to take the long and hard way because they know that is more worth it and the end. There are trends here like ico, meme, nft and so on but it's not good to ride each of them or whenever there's a new release because they are only driven by the hype.

It is still worth it if we will stick to the projects that we are familiar with and we already hold before because they can survive longer. Trusting ones self or our own self rather is no doubt the best so we shouldn't be lazy but let us keep on learning if we feel that our knowledge is still not enough.
hero member
Activity: 2730
Merit: 632
We have different earning time frames and some of us might make a profit a little late than others but there's nothing wrong with that. As long as we already know how a crypto investment works and as long as we know how to deal with the volatility of the market, it is not late for us to invest and make a good profit. Having enough understanding about cryptocurrency might take time and it's better to take small steps wisely than to take big steps and rush things out.
This isnt a race on which you would really be thriving or hurrying up yourself on making profits because this would be definitely the main concern which you should really sustain for longer runs.
Whether how long you've been able to learn and become profitable then it wouldnt matter as long you do able to hit your target in your trading career then this is what matter the most.
4 years wouldnt really be that long though as long you do get the overall idea then thats what important. Trading isnt something that is simple to be learn
it would takes time and lots of trial and error before you could able to have a good grasps on it.
hero member
Activity: 1820
Merit: 537
We have different earning time frames and some of us might make a profit a little late than others but there's nothing wrong with that. As long as we already know how a crypto investment works and as long as we know how to deal with the volatility of the market, it is not late for us to invest and make a good profit. Having enough understanding about cryptocurrency might take time and it's better to take small steps wisely than to take big steps and rush things out.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
Understanding of crypto market is very essential as you know that without realizing things you cannot make profit, although there is highly instability in price prediction but you should have knowledge about how to handle your loses and how to manage the way to become successful. First learn and investigate about each and every thing related to investment after that go ahead to achieve your goals. You have make experience in these four years and now if you have learned the things so it will be easy for you to get profit.
sr. member
Activity: 1666
Merit: 268
It is unique if it takes 4 years for profit, of course this is a lesson and enthusiasm for us that the opportunity for profit in cryptocurrencies is very large, and now more and more project choices from defi, nft and that will become a trend are metaverse, and in my opinion our easy thing Doing is to follow the current trend, and top Influencers have a big impact on the development of cryptocurrencies.

Everyone does have a different time to be able to make a profit, the most important thing is that we must learn from every mistake we make.
Trends in the crypto world often change, we must be able to follow the latest trends, so that we can always follow the development of the crypto
world. Indeed, many influencers have had a big impact on the development of the crypto world, the most important thing is that we don't rely
on influencers to choose the coins we will buy for investment. Because most influencers promote projects that provide benefits for themselves.
We must believe in our own ability to analyze the market, if indeed we feel less confident in our analytical skills, should indeed have to learn to
improve our analytical skills. Because the crypto world is full of scams, so the only one we have to trust is ourselves.
member
Activity: 364
Merit: 13
It's nice to know you've come to some realizations and have begun righting the wrongs since there's a day for the hunters. I hope you will apply what you've learned. One of the things I noticed in your post was that you followed other people because you lacked confidence in yourself. I think following others could be detrimental to you since you could not understand why a deal is done. Although learning is challenging, we must be cautious.
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