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Topic: I started investing in crypto 4 years ago but recently did I made profits - page 2. (Read 1317 times)

sr. member
Activity: 1358
Merit: 253
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.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
It is not bad to obtain profits, the worrying thing is that it took 4 years to be able to have profits, which means that in 4 years he was totally wrong about the vision he had of the market, now, if OP says that, it is because he has experienced the skin-deep profits, but why? If you know why he lost at that time? and now when he's winning does he know why he's winning and can he make a comparison chart of everything he did and didn't do? I ask this because I know that one learns more when he loses than when he wins, he may even be winning by luck, which is something very common that happens.
sr. member
Activity: 588
Merit: 251
HELENA
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?

I terms of investment, it is more important to learn how your investment is gonna work. Sometimes influencers really help a lot with the product but in terms of trading, it is important to learn more about it before you proceed with your investment. Learn about the coin, learn to read the chart and many more.
hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Here they have what they have but here they are but the best way out of here but here I think the followers did it but here they have lost that meaning but they could not provide the main reasons but here is what they did wrong  But here they may not notice it but the advice that can be thought of here is that they need to change something for their intelligence and they have to work with their eyes and ears open and follow all directions.
If they follow directions at all times instead of trying to find their own results, nobody would become a great trader. Sure, you could learn the basics of trading from other people, if you have no idea what to look at, how would you end up making any profit at all. But at the same time, it is quite important that if you want to invest into something and grow bigger, then you need to make a good amount of profit by learning how to do that yourself.

It is not wrong to make your first profit after 4 years, if it continues to be a profitable venture after that, amazon lost money for 10+ years, even 15, but then became world’s biggest company. So, consistency is more important.
sr. member
Activity: 1414
Merit: 361
Vave.com - Crypto Casino
It's pretty easy to explain. Traders trite believe that they can make money in this way. After all, they see that someone was able to make money, and they think that they themselves can do the same.
its because of doubts? I know it's, coz they just relying of the results of other people when it comes such manner. Which they don't have their own way to make their life easier on the space, like when trading and especially making investment.. If they saw people who suffer due to making mistakes they are hopeless as well.. Lmao  lazy people always a loser. As the matter of fact its their choice, so we don't have rights to correct them.. We need to let them realise their mistakes because on that way maybe they all can get a lessons afte all.

Here they have what they have but here they are but the best way out of here but here I think the followers did it but here they have lost that meaning but they could not provide the main reasons but here is what they did wrong  But here they may not notice it but the advice that can be thought of here is that they need to change something for their intelligence and they have to work with their eyes and ears open and follow all directions.
sr. member
Activity: 1428
Merit: 251
4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.
The Crypto space is not all about making profits in trades, is about lengthy experience in the space. My experience in the space is that those that, those that enter the space few years back, they are making profits now. The Crypto space is about patience, you can't just come into the space and expect to be in big profits, Newbies who just come in the space, shouldn't expect profits immediately. It takes time before one would start to enjoy profits.
alot obstacle we will face during journey in crypto space, profits and loss become common thing will come to us. panic and euphoria will become daily activity in market. for those could handle their emotion and psychology it will not be hard pass how cruel crypto market to us. trust in progress especially improving knowledge will be key here.
full member
Activity: 840
Merit: 137
4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.
The Crypto space is not all about making profits in trades, is about lengthy experience in the space. My experience in the space is that those that, those that enter the space few years back, they are making profits now. The Crypto space is about patience, you can't just come into the space and expect to be in big profits, Newbies who just come in the space, shouldn't expect profits immediately. It takes time before one would start to enjoy profits.
jr. member
Activity: 98
Merit: 2
4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.
hero member
Activity: 2968
Merit: 687
Well ... to be honest, 4 years is a pretty long time. Given the peculiarities of this market, quite a lot has changed over such a period of time, and it was possible to make a profit much faster.
You cant turn back the time and for sure long term holders had been thinking that way too on which if they had just able to sell out on ATH's then they might be making some profits as of this moment and had able to

buyback when its still cheap and repeat on the same process but well theres no choice but to hold up no matter what.4 years is long time, how much more to those people who had been holding
for more.?
As long you dont sell then those profits arent real profits or rather its just been floating.
hero member
Activity: 2828
Merit: 611
Well, I'm never following specific influencers when it comes to crypto since what they do is most likely because they're paid and yeah skip for that. So far I never get rug pull from DeFi Coin but if getting rug pull by old coins around 2 years ago, it's happened to me and not only 1 coin. From there I always do my own research and use money that I can afford to lose so getting easily scammed won't happen to me again.
Old coins? But that's not prolly the old coins in my mind e.g btc and eth, but it could be the coins from the late ico's because many of them are a failure or only just a scam and maybe you invest on those coins because you are being encouraged by some influencers because I can see how much you hate them. That's good that you already learned your lessons. I think you are fully aware about the scams in defi.

Many projects are still continuously being rugged by their devs. It's nice that you didn't try touching them. I think if there are influencers that are telling the truth and not being paid, then that would be the influencers that only talk about bitcoins.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
Well ... to be honest, 4 years is a pretty long time. Given the peculiarities of this market, quite a lot has changed over such a period of time, and it was possible to make a profit much faster.
That's true, we may be able to gain profit in a much faster way compared before however, in contrast, we can also lose that much money in a short period of time. This is because of the volatility of the coin, and also the legitimacy of a project, in which most of them now are doing rug pulls.
full member
Activity: 1106
Merit: 151
Catalog Websites
snip
as long as i invest in crypto i always refuse to follow an invitation to invest in a crypto asset from those who claim to be experts.  Besides that, i have never been interested in investing in DeFi projects because i heard that many people have experienced rug-pull.  Investing in crypto is profitable and safe when only we make the decisions.
jr. member
Activity: 98
Merit: 2
Well ... to be honest, 4 years is a pretty long time. Given the peculiarities of this market, quite a lot has changed over such a period of time, and it was possible to make a profit much faster.
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
Well, I'm never following specific influencers when it comes to crypto since what they do is most likely because they're paid and yeah skip for that. So far I never get rug pull from DeFi Coin but if getting rug pull by old coins around 2 years ago, it's happened to me and not only 1 coin. From there I always do my own research and use money that I can afford to lose so getting easily scammed won't happen to me again.
hero member
Activity: 826
Merit: 583
Patience is the main key in investing, as long as the object we invest in is correct, then there is no need to worry about waiting for it, even for years, as you do. it should be like that, not an investment that just wants to get a quick profit. Of course, it takes an established psychology to be able to hold it for that long, and it takes high confidence to always be patient waiting, and finally what is expected will come.
Regret always comes at the end of hasty actions. some investors who can focus on planning made for the long term will get good results.
but those who are impatient and panic very easily when they see the value of their assets move will certainly regret their actions in the future.
We have all seen how many people regret their past mistakes. all because of the rush and not being calm in making decisions.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Patience is the main key in investing
As vital as that's, yet it's the item most crypto traders and investors miss the most. They think only plants need time to grow and investments don't. The hurried investors who by their rationale think that crypto investment is a get rich quick scheme always regret not being patient on the long run. So many of the early adopters still bemoan not keeping Bitcoin till date after they prematurely sold their stash off 8-9 years ago. It's the same way some of us here today will regret it tomorrow.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
It is not bad, if a person has been trading for 4 years and until now he is starting to generate income, it is not bad, because somehow after all that time he has learned to understand the market and has the correct vision of the market, It is important to stay in that line to take advantage, because if the market gives another direction that the trader can understand or see beforehand so that he can take advantage of the movements, I think that is the trick of being a very good market speculator, there are many ways not to make mistakes , the important thing is to find that way and maintain that level.
newbie
Activity: 3
Merit: 0
Then it means you are a bit of a failure
full member
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Patience is the main key in investing, as long as the object we invest in is correct, then there is no need to worry about waiting for it, even for years, as you do. it should be like that, not an investment that just wants to get a quick profit. Of course, it takes an established psychology to be able to hold it for that long, and it takes high confidence to always be patient waiting, and finally what is expected will come.
hero member
Activity: 1260
Merit: 504
I accept that following individuals could cause more damage than great to you since you may not have the foggiest idea about the explanation an exchange is made. Learning is difficult however we need to cautious with it. A task might be on a very basic level solid however it should likewise have great measurements and specialized viewpoints to find true success.
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