Topic: Me and Crypto - page 2. (Read 357 times)

Entering the cryptocurrency market, dedication and interest is required. At first, you had no interest and time was wasting, then when you did develop some interest, it was with some altcoin that didn't perform well. Having patience with the wrong coin, is always a time waste. If, Op, showed some dedication in cryptocurrency, by reading or researching before investing, he'll would have made lesser losses. As all those money invested into some shitcoin, would have been allocated into bitcoin, then patience will be the best tool for Op, as a stable income earner. It's a good thing you joined here and wants to explore the market. It'll be helpful to ask here before investing on any coin.


Having been around social platform like telegram, always stay clear from group member's unsolicited offers, most groups are filled with scam projects. The forum, can guide you to the right direction and teach you the best things of cryptocurrency. Like, already mentioned above, don't allocate all your fiat or earnings into cryptocurrency. Always follow it slowly and observe how the market works; the bull and bear market fluctuations

First, let me welcome you to the forum. Please when next try to paragraph your post, by junking them all together reduces the beautiful of it. It's just a concerned advise.

In essence from your op you're saying you have been dealing on altcoins ever since you discovered cryptocurrency. Now that's a huge risk you are taking and am sure you don't know been a newbie.

All cryptocurrencies are not the same, in fact the best and reliable of them all is bitcoin and that is where you need to divert your portfolio's to to avoid had I known at last. If you want to invest your hard earned savings make sure to do so in the right coin BTC with a minimal investment risk compared to other shitcoins.

For the sanity of mind and emotional stability, it is fine that one should invest without quick money in their mind. If the expectation of investment is to make quick money, it is not nice and may through the person in some problems if the expectation is not meant.
Investing and having in mind that the assets is volatile and you could also lose all you have is precautious enough.
Your crypto journey and story is similar to that of hundreds of persons that joined the cryptocurrency industry. You are on the right path, be calm and continue, you are not late.

I hope you are no longer using trust wallet cause it is closed source andooses a security risk. You have several safer, open source options to choose from.

It is one of the keys, the other is knowing the right asset to invest in.
If you can successfully combine both skills, you will make good investments and food decisions to profit from it.

Welcome to bitcointalk.

It's a good thing that you have a stable income, but it's a bad thing that you think that way, because a loss is still just a loss, and maybe you shouldn't look at it just as lost money, but also as lost time, considering that you invest your time to earn money. For this reason, perhaps you should change your strategy and not invest money so lightly.


You have good goals, and if you read the unofficial rules and guidelines and be consistent in applying them, I'm sure you can become a good member of the forum.

Never rely or depend on anyone to make investment decisions and the best way to avoid this is to dedicate time to learning things about cryptocurrency and Bitcoin and understanding how it works, whatever you will get in this forum is information, advice, opinion and suggestions that will help guide your journey in this industry, however do your own research, as it lies in your hand to take the final decision about any investment that you want to.

Firstly, welcome to the forum.
As you are about to invest in cryptocurrency (bitcoin), you should not invest more than the amount you can afford or invest with borrowed money because profits are not guaranteed in Investments. Since you have a friend who is already a crypto investor, I believe you have experienced some certain knowledge about Bitcoin, whether good knowledge or not it can help.
Well, as you are about to join the cryptocurrency (Bitcoin) crew, if you want to get a big profit, it is better to hold on for a long period of time.

Now that you have passed certain initial things, I think it is the right time for you to start learning about Bitcoin itself and the technological potential it offers. You will see that it is not a scheme for investing and getting rich.
The better you understand Bitcoin and cryptocurrencies in general, the easier it will be for you to make decisions about managing your investments and crypto capital.

if you are a beginner who wants to invest, then Bitcoin is the best for you. Without experience and good knowledge regarding crypto, buying altcoins will only fall into a trap.
You already know how to make a profit from the investment you make. You just need to be patient and precise when choosing assets. Don't waste your money on coins popularized in Telegram groups. collect more Bitcoins in your wallet, and wait until you feel the profits in the future.

Off to a good start, and a captivating story, I must say. There are a few important things you might want to learn as you continue your journey in the world of cryptocurrency. Firstly, understanding how to secure your wallet is crucial. Additionally, consider diversifying your crypto investments more effectively, and stay informed about trading regulations in your country of residence. Some exchanges that once didn't require KYC (Know Your Customer) verification may now do so due to increased government regulation. If you prefer to avoid this, there are decentralized exchanges, known as DEX (Decentralized Exchanges), where such verification is not mandatory.

I see several qualities of a promising investor in from you. Keep up the learning, best of luck, and welcome to the forum!

 Welcome to the forum, bruh. Yeah, this place is one of the best places to be and in terms of knowlede on crypto currencies you'd get more information about it on here. I'm glad you've understood that crypto investment is all about risk and while you have recorded some losses, it hasn't dampened your desire to hodl because if I have to be honest if you don't have a stable source of income, hodling will be hard because needs may arise that may tempt you to sell.
Cryptocurrency investment is risky but Bitcoin is safer and has more potential than some of these altcoins which don't have longer shelf life but might look promising.
 Anyways, just understand that in business, you lose some and gain some and just as you've mentioned you're patient bit I'd take the advice @Z390 gave to heart. 

You are welcome, there are things that you should know about crypto in general.

1. Bitcoin is your best bet as a beginner.

2. Altcoins investment isn't about Risk and Patience only, you can have all the patience and in the end you choose the wrong coins.

With Bitcoin you don't have to worry about a coin dying on you on the long run, or a coin getting rug pulled on you, Bitcoin is far safer than other coins, but altcoins are not completely bad either, you just have to know which one you are willing to risk money on.

Be picky when it comes to altcoins, because majority of them are scam, some won't survive this altcoin which is even the most sad part for altcoins, so do your own research and pick the good apples out of the legions of bad apples.

Good luck.

Well it's nice having you here at Bitcoin talk.like you stated you took your time to understand the forum. So I would have expected you must have read all rules that guides every members here on Bitcointalk. There's are lots of experts here in Bitcointakk that will be willing to guide you through your journey in the crypto world.as long as you are open minded and ready to learn. If you have other agenda of which might have ignited your coming here, then I would advice you to put them aside for now. That's because without knowledge you cannot achieve any of that. Just try to be an active member and ask any questions you feel that you don't understand. In no time you would notice that you have improved a bit in your knowledge of Bitcoin, Blockchain technology and even cryptocurrency at large.

I agree with you, but one more thing is needed is to dream of getting rich at night then it will be easy and give up hope of a quick profit by investing and make it through creativity But you can survive here.

If you are in this forum, you cannot be lost... this is a rich place as regards to information relating to Bitcoin and cryptocureency in general. Since you have already found your way around the forum, just make judicious use of the resources available free of charge and also ensure you guide others who might be lost or who might want to start their journey in this digital ecosystem.

I was not fortunate to find this forum when I started using Bitcoin and other digital assets, so I paid huge price for poor or lack of information. Well, that is in the past as I am better informed now on how to take my finances seriously while remaining safe, all thanks to this forum.

Welcome to the forum! It's great to hear about your journey into the world of cryptocurrency. Many of us have had similar experiences of initial skepticism, given the prevalence of fraudulent schemes out there. It's commendable that you took the time to research and educate yourself on the topic through platforms like YouTube and Telegram channels.

I'm glad you decided to join this forum. It's a fantastic place to exchange knowledge, share experiences, and continue learning about cryptocurrency. If you ever have questions or want to discuss specific aspects of crypto, feel free to ask. I'm here to help and learn together!

If there is some recomendation to start learning something is this next link: Chapter 4. Keys, Addresses, Wallets

Rember not your keys not your coins

Never Invest More than You Can Afford to Lose
Welcome to your first crypto life profit. To invest in crypto you need to accept some things like.

1. Knowledge about crypto
2. Risk
3. Patience

Hello friends, I'm new here and I want to briefly tell you about my journey in getting to know cryptocurrency.
I first became familiar with crypto because I was introduced to it by a friend of mine who was already involved in the world of cryptocurrency, and when I was told by him, to be honest, I wasn't too interested because I thought this was like a fraud scheme like I had experienced before, yes, several times I had to deceived because they entered a world that lured investment. However, I tried to find out through several platforms such as YouTube and others, after I watched it I thought this was different from the offers I had received so far. After searching for some time, I found several Telegram channels that discussed crypto and focused more on airdrop hunting.
After finding out about crypto for a long time, I finally decided to get involved in it, and to be honest, it changed me in several ways, one of which was my habits in managing finances. If previously I only focused on saving fiat money, I slowly allocated it to buy some coins. Yes, even though the journey is not that smooth, sometimes I can make a profit and sometimes I also lose because I bought the wrong coin which in the end just becomes a decoration in my trust wallet (FYI, the trust wallet was the first wallet I used).
I remember when I bought BNB at that time it gave me a profit even though I had to be patient to wait. Yes, it's not easy and sometimes I also doubt whether I should sell it back or hold it, and I was lucky at that time because I decided to continue holding it until it finally gave me a profit. The reason I can continue to hold it is because I work and have a steady income, and even when I have to lose I still have a stable income. From there I also learned that patience is one of the keys to gaining profits.
I joined this forum because I was introduced to it by a friend and I also studied this forum for several weeks and finally I decided to join it. I see that I will gain a lot of new knowledge here, exchanging information and that can improve my literacy.