Investing and trading in crypto: can make you or mar you.

Awaklara

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Quote from: Ricardo11 on August 03, 2023, 06:23:31 AM

Before investing, if we can invest by researching the price change chart of the crypto investment market, I think it can give us maximum advantage. Moreover, we should have utmost faith in cryptocurrencies. and always continuing to hold. Because the most important thing about crypto investment is long-term holding with trust in cryptocurrency and investing at the right time. This is what will happen to you if you don't invest in crypto currency properly and if you invest at the wrong time without researching the crypto investment market.

What you have to clarify, not all cryptocurrencies can be trusted. You must have seen a lot of scam projects or popular meme coins moments ago. they pump and then crash.
just believe in Bitcoin, and invest in Bitcoin. it's the best choice. after all, not all crypto can be used as a long-term investment asset. you must have seen crypto assets fall to 0. and that's the reason why we can't continue to hold our altcoin assets in the long term. Not all projects can compete in the market.

Ricardo11

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Quote from: Lida93 on May 05, 2023, 11:59:07 AM

I saw this as a memes on a social media platform which created much laughter amongst many person's with funny comments that followed. But let's view it the other round in real sense.

Funny as it look, it's a reality for many crypto investors out there. A scenario were some had to invest when there was great value for the coin only to sell it when the price dropped after holding for long. Which means they never had an understanding of the basics of investing or trading before investing.

This this humor as it looks has turned many billionaires to millionaires down to thousand-naires as the case may be. Often times than not it could be that these people perhaps invested into the wrong coin and timing too.

Before you get to invest in crypto or bitcoin endeavor to know about the basics so you don't end up taking wrong investment decisions about it, so you don't send the wrong message or signal to people out there that are yet to know and partake in the industry. Just like one of the photos I put up a alleging how "crypto is a biggest lie", and bitcoin isn't excluded in this statement either.
source:https://www.facebook.com/pseitradingmemes

Before investing, if we can invest by researching the price change chart of the crypto investment market, I think it can give us maximum advantage. Moreover, we should have utmost faith in cryptocurrencies. and always continuing to hold. Because the most important thing about crypto investment is long-term holding with trust in cryptocurrency and investing at the right time. This is what will happen to you if you don't invest in crypto currency properly and if you invest at the wrong time without researching the crypto investment market.

inthelongrun

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Quote from: taufik123 on July 21, 2023, 01:29:08 AM

...

Quote from: inthelongrun on July 20, 2023, 11:30:08 AM

-snip-
As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

But Investing in some traditional assets can also be a good suggestion because you don't know when investment in crypto crashes.
Investment in the traditional sector can be a good backup for your crypto investment.
So run both then you will get a lot of benefits.

Yeah, exactly. I believe that investments should be diversified into many different categories like real estate, stocks, jewelry, foreign currencies, and many more. Many of these traditional investments though are very slow-moving. And as an aggressive guy that wants my limited money to grow quickly, I paid a hefty price which I hope would be my biggest mistake as I cannot imagine committing the same mistake in the future. I lost a lot of my local stock market investment which was then my main priority. My country is beset with controversies and corruption issues which makes it less attractive. Now I am hoping to earn a lot in the next crypto bull run as after it I am planning to focus on real-estate or other possible traditional businesses while waiting for the next crypto cycle.

Mr.right85

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One thing I can commend from the OP is that, the person go have edited the photo did good in using same image in a realistic way. Still, the changes remained in the vehicle in use and not the individual's arm. I expected some changes at that point as well.

Back to the subject, its not an easy thing out here especially when you trade daily, you've got to be conscious of the whole traing environment and your on going trade. Even after that, you still need to plan ahead not to end up losing your today's profit to tomorrow's trade. That's just how bad it can get.

suzanne5223

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Quote from: Dessy88 on July 21, 2023, 12:59:56 PM

Trading or investing can make you rich or poor in all these ways. Here also i believe investing will never disappoint you money but trading can disappoint you. Moreover, the crypto market is a stick of competition so you should fight from your own needs. Here we can only give some idea but the amount of loss will have to be borne by you.

Both cryptocurrency trading and investment can disappoint which is the message passed through the meme posted by the OP of this thread because most people believe that once join or invest in crypto they are automatically rich whereas the risk in crypto is also high just as the profit involved. What is important is having vast knowledge about investing/trading crypto and holding Bitcoin for long term.

ShowOff

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Quote from: |MINER| on July 21, 2023, 02:28:16 PM

Quote from: Lida93 on May 05, 2023, 11:59:07 AM

Snip

I think this is a hard truth, which is conveyed by this meme of yours. Moreover if you see most of the crypto investors world wide are in this situation because they fail to follow some basic rules and regulations. First I would say this is more the case for those who invest more than they can afford to lose. Then there are your own self-emotions. In this case, most of us investors make mistakes and sometimes even experienced ones make mistakes. I myself lost control of my own emotions many times holding bitcoins and suffered losses that I still have to bear. My current thinking is to just hold Bitcoin and wait for the next bull season with gritting my teeth and to avoid another loss without an emergency.

Being a trader and an investor is a choice, but both have the opportunity to profit. If you don't have good skills at trading, then you should be able to become a long-term holder. But you also shouldn't ignore the risk either even if you never intend to sell your bitcoins under any circumstances.

I believe being a long term holder can get you huge returns if bitcoin gets really bullish next year. So prepare your investment portfolio as well as possible and be patient to get returns from bitcoin. Investing and trading have risks, but every possible risk can always be minimized.

|MINER|

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Quote from: Lida93 on May 05, 2023, 11:59:07 AM

Snip

I think this is a hard truth, which is conveyed by this meme of yours. Moreover if you see most of the crypto investors world wide are in this situation because they fail to follow some basic rules and regulations. First I would say this is more the case for those who invest more than they can afford to lose. Then there are your own self-emotions. In this case, most of us investors make mistakes and sometimes even experienced ones make mistakes. I myself lost control of my own emotions many times holding bitcoins and suffered losses that I still have to bear. My current thinking is to just hold Bitcoin and wait for the next bull season with gritting my teeth and to avoid another loss without an emergency.

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Quote from: bitgolden on July 21, 2023, 12:29:30 PM

Quote from: inthelongrun on July 20, 2023, 11:30:08 AM

It's really true, especially for those that are doing margin trading and investing heavily in altcoins that are not even in the top 10. I used to ask a lot of crypto newbies why are they investing nearly all of their crypto investment budget, especially on meme coins and new start-up projects. Their answers are because they feel that they are already late in investing in bitcoin. Most of them wanted to become rich or richer and they did not know that they are already taken by greed.

As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

Unfortunately that is the main reason for a lot of them. It's not going to end up with them getting a good result, but that doesn't change the fact that it's going to be the most important one. If you keep on investing into bitcoin you could still make profit, maybe not as high as you want but at least you will be making a profit.

However, if you end up investing into those silly altcoins then you are going to end up being upset and I think that's going to cause a lot of trouble. I believe that if you could make some profit, then in that case we are going to see them make some changes here and there. So just invest into bitcoin, get the profit you could get, and at least you will be up, compared to alts where you will lose it all.

Very situational if we could really say because in every investment then there's those people who do able to succeed and there's those people who do fail and ending up on losing the assets and huge money because

there's no guarantee in the first place in speaking about success because there are lots of factors which would really affect out our success and this is why getting confident on every decision you make
specially on investing is never been that ideal or something that would really be that you should gonna do. Always take have that serious approach because if you wont really getting serious to it
then you wouldnt really be able to see positive results.Although im not saying that all arent serious with their investment and even if we have done this thing but still there are really things which
arent really meant for us no matter how hard we do and no matter how hard we do try which it is really the basic principle and things that do happen in life.

Dessy88

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Trading or investing can make you rich or poor in all these ways. Here also i believe investing will never disappoint you money but trading can disappoint you. Moreover, the crypto market is a stick of competition so you should fight from your own needs. Here we can only give some idea but the amount of loss will have to be borne by you.

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Quote from: inthelongrun on July 20, 2023, 11:30:08 AM

It's really true, especially for those that are doing margin trading and investing heavily in altcoins that are not even in the top 10. I used to ask a lot of crypto newbies why are they investing nearly all of their crypto investment budget, especially on meme coins and new start-up projects. Their answers are because they feel that they are already late in investing in bitcoin. Most of them wanted to become rich or richer and they did not know that they are already taken by greed.

As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

Unfortunately that is the main reason for a lot of them. It's not going to end up with them getting a good result, but that doesn't change the fact that it's going to be the most important one. If you keep on investing into bitcoin you could still make profit, maybe not as high as you want but at least you will be making a profit.

However, if you end up investing into those silly altcoins then you are going to end up being upset and I think that's going to cause a lot of trouble. I believe that if you could make some profit, then in that case we are going to see them make some changes here and there. So just invest into bitcoin, get the profit you could get, and at least you will be up, compared to alts where you will lose it all.

Learn Bitcoin

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Quote from: Lida93 on July 21, 2023, 04:24:14 AM

Quote from: Learn Bitcoin on July 21, 2023, 02:30:56 AM

You should know one thing some traders love shitcoins to trade because those coins are too volatile, and traders love pumps and dumps. They can make money in both ways. Shitcoins are also known as leverage tokens. If a new trader buys shitcoins and doesn't know much about the token or market movement, they are unlikely to get a profit from it.

Its one of the expensive mistakes many newbies make when they newly gain interest in cryptocurrency. Their desire to earn rocket profits lures them into shitcoins investment which most of them have no iota of knowledge about the coin. Bitcoin should be a good start for any newbie that wants to trade or invest in cryptocurrency, your losses are minimized, less panicking as there's no pump and dumps and volatility is not as high as those of shitcoins. Bitcoin is the only good start for any newbie trader.

While I agree with what you have said, I am unsure if you understand my point. Yes, Bitcoin is a good start for everyone. No matter if someone is old enough in the crypto market or a newbie. If anyone wants to invest or hold a coin, Bitcoin is the only choice. But, when it comes to trading, newbies should choose Bitcoin only. If newbies choose shitcoins to trade, they might end up losing it.

Suppose you are a pro trader and know well enough about the market movement. I believe you are good to go with shitcoins to trade. As I already said, pro traders love shitcoin because of its volatility. They do leverage trading with these coins.

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Quote from: Learn Bitcoin on July 21, 2023, 02:30:56 AM

Quote from: Justin999 on July 15, 2023, 07:05:55 PM

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

You should know one thing some traders love shitcoins to trade because those coins are too volatile, and traders love pumps and dumps. They can make money in both ways. Shitcoins are also known as leverage tokens. If a new trader buys shitcoins and doesn't know much about the token or market movement, they are unlikely to get a profit from it.

Its one of the expensive mistakes many newbies make when they newly gain interest in cryptocurrency. Their desire to earn rocket profits lures them into shitcoins investment which most of them have no iota of knowledge about the coin. Bitcoin should be a good start for any newbie that wants to trade or invest in cryptocurrency, your losses are minimized, less panicking as there's no pump and dumps and volatility is not as high as those of shitcoins. Bitcoin is the only good start for any newbie trader.

Learn Bitcoin

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Quote from: Justin999 on July 15, 2023, 07:05:55 PM

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

You should know one thing some traders love shitcoins to trade because those coins are too volatile, and traders love pumps and dumps. They can make money in both ways. Shitcoins are also known as leverage tokens. If a new trader buys shitcoins and doesn't know much about the token or market movement, they are unlikely to get a profit from it.

Investing in crypto is a different thing. I discourage people from investing in crypto other than Bitcoin. If someone wants to invest, go for Bitcoin. Still, if they want to pick another choice, go for the top established coin, even though I discourage investing in any crypto except for Bitcoin.

Gallar

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Quote from: Lida93 on May 05, 2023, 11:59:07 AM

~Snip

By looking at the meme image, I already understand that the meaning of the image depicts a crypto investor who suffers losses and falls into poverty.

Hmm indeed I can't deny the content of the meme image. Because in reality, not a few, investors in the crypto market have experienced losses to the point of spending all of their wealth. But the question is, are all the disadvantages wrong with cryptocurrencies? I don't think cryptocurrencies are completely wrong. Because supposedly, everyone who decides to invest or trade in crypto, must be able to accept every risk that befalls them sincerely. Because basically, those who decide to join the crypto market are themselves and no one else.

And another factor that causes many investors in crypto to experience losses is caused by a lack of knowledge and being unable to control their emotions. These two factors can indeed be fatal, if not in mind when trading or investing in crypto. So in essence, what makes a crypto investor suffer a loss is himself. Because of greed and a sense of haste, you want to quickly get big profits, but it will be a long process.

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It's not uncommon in crypto to have some losses and some gains.
Investing and trading in crypto has a greater risk than investing in other platforms.
I have even experienced losses of thousands of dollars, but the profits I made also exceeded those losses.

Continuing to invest in crypto will grow a lot of profits if you continue to be patient and not panic too much.
Just need to wait for the price to rise according to the target that has been determined then sell.

Quote from: inthelongrun on July 20, 2023, 11:30:08 AM

-snip-
As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

But Investing in some traditional assets can also be a good suggestion because you don't know when investment in crypto crashes.
Investment in the traditional sector can be a good backup for your crypto investment.
So run both then you will get a lot of benefits.

RewFrew

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Actually investing and trading in crypto can make and may you both. If anyone gather proper knowledge about crypto and were huge experienced after then he could be profited in crypto invest and crypto trading. But if anyone without proper knowledge invest and trade on crypto he will be losser there has no doubt. So at first we need learn about cryptocurrency and then invest here. A new comer never understand market strategy so he will be losser. So i will tell investing and trading in crypto can make and mar anyone.

inthelongrun

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It's really true, especially for those that are doing margin trading and investing heavily in altcoins that are not even in the top 10. I used to ask a lot of crypto newbies why are they investing nearly all of their crypto investment budget, especially on meme coins and new start-up projects. Their answers are because they feel that they are already late in investing in bitcoin. Most of them wanted to become rich or richer and they did not know that they are already taken by greed.

As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

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Quote from: TheUltraElite on July 20, 2023, 09:10:59 AM

Newbies often jump into trading at the dearth of experience and they are not to blame but the media buzz makes them added into the greed factor.

for those who are new to trading, of course, it is a common problem. and I guess when they start off wrong than giving them trading experience will improve their trading skills in the future.
there are also traders who start their trading by simply following the signals from the channel. but after he observed, indirectly it provides experience and also knowledge in trading so that he can finally trade independently.

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So anyway, I applied as a merit source :)

Quote from: Justin999 on July 15, 2023, 07:05:55 PM

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

Newbies often jump into trading at the dearth of experience and they are not to blame but the media buzz makes them added into the greed factor. Now this can avoided in a ideal case where they learn trading side by side they do dummy trading to quench their trading thirst for the time being and then when the cycle comes back they are do the actual trade with real money.

Luck is less important in spot trading because the cycles will circle back and you will get your opportunity - more so if you are only into bitcoin and have the patience to hold through.

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Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

Topic: Investing and trading in crypto: can make you or mar you. (Read 1101 times)