Topic: Investing and trading in crypto: can make you or mar you. - page 8. (Read 1101 times)

All businesses have come with scam and that should make every investment opportunity unique in its form. During the very early stages in the boom of buying investment in land and estate, scam is not excluded like people are made to pay for properties that at the end of the day, they won't be able to legally acquire it after cut cases but the scenario has really reduced as more people have tasted it and got wiser. Likewise in the case of cryptocurrency investment. There are different levels of scam in this industry, from telegram bump groups, meme and shit coins, bounty hunting exit groups etc, they are all experiences that we have seen and can talk about, all you do is move on and learn when it happens to you. Be wise and careful not to invest what money that you can't forego. The risk is there but reduce your appetite.

Wrong way of playing the same as preparing for bankruptcy.
Understand how to play the same as preparing for success.

There is no one who invests and trading carelessly such as being motivated by others who have received many profits from investing and trading from before it looks normal and suddenly changes with various facilities.
For example trading robot investment.
Many are victims because they are tempted by returning profits from each capital given.
Their concept in convincing members by showing facilities to invite curiosity.

Investing and trading is not an easy job if you don't know how to. If you have to choose, learn to invest in bitcoin rather than trading with other types of crypto.

I think this isn't exclusive in crypto, this can also happen in stocks I think although crypto will definitely have a higher degree of risk since it's much more volatile than stock market. Totally agree with the title, it will go either way unless you have the drive to go to the right path.

This, I recently watched a documentary about the real estate bubble that happened at the US and when you think about it, it was not really any different than any other bubble on history, smart investors took a position early and this caused an increase in that market, then the media put their focus into it and then suddenly everyone thought they could become great investors out of nowhere.

And the same happens in the market of cryptocurrencies, people could take a position now but they are not going to do it because the price is not moving much, but once the bull market market comes we are going to see all kind of people trying to invest in a hurry trying to obtain fast profits, will they succeed? I doubt it, but they are going to try.

You get the idea, but with RE you can't do short-term trading.

People don't understand that it's a question of numbers where as an individual trader you have a close to 100% chance of losing your capital. Roughly 90% of traders lose money and the retail trader who starts out always thinks that it will be 10%, but is not aware that this 10% decreases as trading becomes more short term, as you have less capital and for example leverage, or as the asset becomes more volatile (e.g. cryptocurrencies). That is, someone who starts with little capital, and makes short-term trading with cryptocurrencies leveraged has a probability close to 100% of losing everything.

When you start because you have seen a Youtube video or bought a course, you are not aware that the person selling you the course probably earns more from the courses than from the trading itself, and that when you trade you are competing against big money like Hedge Funds that can move the market at will and use high frequency trading algorithms.

But trading is still promoted because it makes a lot of money, both for those who sell courses and for the houses, which charge fees. The more trades, the more fees.

The system of buying bitcoin and forgetting about it for another 8 years or doing DCA does not make as much money and that is why it is not promoted as much.

Cryptocurrency market can make you richer or poorer. Not all market participants will have profit in this market and become richer with it. If all people can get richer with this market, who will get poorer, who will spend money to help you enrich your capital.

Where is the capital flow come from to enrich your own capital?

Capital in one market must flow internally in a cycle from the rich to the poor, to the poor to the rich but mostly from the poor to the rich. The rich get richer but the poor get poorer.

New capital flow only comes in a new bull run when more new people join this market and bring their capital in.

The problem does not lie here with the asset you invest in, but with emotional investment based on the experiences of friends or from the Internet and dreams of quick profit. I remember at the beginning of the 2000s there was a fever in investing in stocks, everyone wanted to buy stocks and the bubble burst, then real estate and now cryptocurrencies.

These people will get out of the market and cryptocurrencies will continue to grow, just as it happened with stocks and real estate and this will happen again with all investment assets.


Understanding this scheme is what will determine whether you will return home by bus or in a luxury car.

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