Topic: In Crypto investment every strategy is a choice. (Read 34 times)

Everything in life is about the choices we make, and that choice or step we take will either affect our life positively or negatively.

As humans we are, it wouldn't make sense if we all kept mute or allowed people to make their choices alone without directing them on the right or wrong step to take. Nobody would say they are masters of all; they don't need anyone to help them make choices in life.

Those who have made life choices on their own without anyone's direction or advice don't normally have things worked out as planned for them. Each of us needs each other to grow in the crypto space. There are steps I might decide to take on altcoin investment or trading, but because of the advice given by forum members, I may have to rethink the steps to take.

Many times, we have read about people committing suicide because of the wrong steps they took towards trading or investing in altcoins. If they had been advised about the dangers of trading or investing in altcoins, they would know how to follow up on trading or investing in altcoins

Its very important that we make use of the opportunity we have in learning on how to identify their differences, which is more better and fits our current demands, because if this is not sorted out, we may not acquire what is required from us in crypto regarding of the efforts and pressure given.

Also, we should be informed in this, that we are not to copy on what others are doing that is working for them and also do same, it may not work for us, that is why everyone of us has to experience the demands in learning and knowing the differences in crypto pathways before starting.

Yes I would have said so because I always believe that everyone has what works for them, if you are a trader and regardless of how long you have been trading, if it doesn't work for you then you should probably give up on it and also if you have lost so much on Crypto-currency investment then you either choose a safer method or you leave it completely.
Never be too stubborn when it has to do with your finances, be willing to learn but never be ready to lose far more than you can afford.

All can be profitable if you know what to do at the right time, but what some people posted is because of newbies to know what they are getting themselves into.

Example is this thread for memecoins or altcoins: "Crypto people are criminals" Seun Kuti.
Example is this thread for trading: How I lost $3.7m, properties to forex trading –Mark Angel

They are worth it as warnings at times.

When you hold who knows how the future you anticipate will be. For sure it will tend to be for you or against you. (I guess this is normal happening of investment in life).
Buy trading, the outcome is already met
Having savings does not mean you don't have money to spend
 
As for altcoins, you never can tell so far as it is well established.

Like you said, it is absolutely a matter choice Base on personal plans, expectations and so on.

It has been a while my fellow Naija brothers and sisters. I greet you all with humble respect.

My reason for this thread is that I want to clear the air on individual choices based on our investment. I will start by saying we have freedom of choice. That is we can make decisions that will help us positively or negatively. Lately, i have seen several threads in the LB emphasizing the following;

1. Holding Bitcoin is better than trading
2. Investing in Bitcoin is better than altcoins.

The way people express their response on this matter makes it feels like anyone who is trading is stupid or foolish. And anyone who is buying altcoin does not know anything about cryptocurrency. It's so funny because we all are trying to make something good for ourselves thereby we set financial goals and how to achieve it based on the level of risk we want to take. Did we forget that investment is the risk? and by risk, we get to choose our risk tolerance. So if an investor has chosen to trade rather than hold long he understands that this is the risk he wants to take. He knows the consequences of the action if it doesnt go the way he planned it.

I just want us to understand this, especially for those who think they are always right when they create differnt topic on this. Its a choice. My dear brothers check yourself do the one way you fit do, if e go worry you leave am. Any risk we wan to take make we take am, na by choice nobody knows to pass for this cryptocurrency of a thing.

Key notes:

Bitcoin, Altcoins, Trading, Long-term holding. Choose what works for you and aligns with your financial goal