My crypto lessons in 2021 - page 2. | Bitcointalksearch.org

Questat

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Quote from: MCcryptonia on December 24, 2021, 02:20:43 AM

The lesson I learned this year is never trust any crypto YouTuber they are chilling coins and tokens because they get paid for it, even if they invested in the project they will exit the market very quickly and they won't tell their followers about it, take your profit once the return is double or more don't be too greedy

Do you mean "shilling"?

Yeah, some of them are just paid to shill a certain coin, don't follow them blindly but instead, look for more resources to verify your analysis. It's not bad to listen to them actually, but at least just don't follow them blindly as they mostly will just lead you to loses, that's the reason why many newbies failed in crypto investing because they don't do much research before entering.

MCcryptonia

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The lesson I learned this year is never trust any crypto YouTuber they are chilling coins and tokens because they get paid for it, even if they invested in the project they will exit the market very quickly and they won't tell their followers about it, take your profit once the return is double or more don't be too greedy

lienfaye

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Quote from: Luqman on December 23, 2021, 03:58:12 PM

The biggest lesson this year is don't believe BTC to reach $100k. I have lost much money because of believing this non-sense prediction. Accidentally, I buy BTC when the price was around $60k and still hold it now. Some altcoins I bought also decreased so much because of BTC trend. If there is no good news again about crypto, I think I cannot recover my losses this year. At that moment, I thought BTC really went to $100k since many people claimed it, sadly it was only a shit prediction. There are too many traps in crypto business, just believe in your own prediction.

Those predictions are not accurate to rely on. Its still best that you have your own analysis and understanding about Bitcoin to become aware if these predictions by some so called "experts" has a basis to believe in or not realistic to happen.

You have a mistake here for believing on them however as long as you're not selling your BTC it is still intact. Have patience to hold until you reach your desired amount to sell. IMO its not impossible for BTC to reach the $100k value but it will take time and we need a lot of patience.

Anyway my lesson for this year is to not forget to take profit at times and dont be impatient. Everything has its own perfect time.

livingfree

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Quote from: Masplanc on December 23, 2021, 04:07:05 PM

My lesson in 2021 is that time waits for nobody, I'll say I was actually too lazy in my cryptocurrency investments. I would have used the little money I had for investment, but I was procrastinating it waiting for more money to come which I waited for a long time.

If you think that you have to invest, don't procrastinate.

Sometimes, there's the instinct that we should sell or buy. It happened to me many times and I think that there's the same for the others.

But we really don't know if that gut of ours is accurate at most times.

hello_good_sir

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Quote

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

This is honestly a rookie mistake.

Always take profits when you can, especially if you are on leverage/not prepared to hold a position for eternity.

The markets will go up in the long run but it's impossible for it to go up continuously in the short term as well. That would constitute something of a real ponzi scheme.

TelolettOm

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Ended in losing money when trading is very normal, but at least we should also take some profits among the losses.
So far, I also lost traing but also take profits.
Btw my regret in trading is being too greedy. I really expect that a coin that I have can really rise up again at keast waiting for another $5 increase. But unfortunately after in several hours kater, the coins of the project was hacked and the price got down 3 times decrease. So sad, but I am stil waiting for another rise later.
Just don't be too greedy when we have reached certain target price because anything can happen

Masplanc

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My lesson in 2021 is that time waits for nobody, I'll say I was actually too lazy in my cryptocurrency investments. I would have used the little money I had for investment, but I was procrastinating it waiting for more money to come which I waited for a long time.

Luqman

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The biggest lesson this year is don't believe BTC to reach $100k. I have lost much money because of believing this non-sense prediction. Accidentally, I buy BTC when the price was around $60k and still hold it now. Some altcoins I bought also decreased so much because of BTC trend. If there is no good news again about crypto, I think I cannot recover my losses this year. At that moment, I thought BTC really went to $100k since many people claimed it, sadly it was only a shit prediction. There are too many traps in crypto business, just believe in your own prediction.

Wildwest

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Many lessons we can take in 2021, In the crypto world of course we always feel bitter or vice versa, and my most memorable experience is when choosing coins in investing and already making a profit but I did not wait a few more days so that I could not get a maximum of up to 10x of the results I got at that time, Of course this is the biggest regret I have ever felt this year, so now when investing I always rely on great patience so as not to experience the same thing.

velive08

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Quote from: Ceyflix-Rez on December 10, 2021, 12:22:51 PM

2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly

3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt

Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe

Can You Make Money With Cryptocurrency? Yes, you can make money with cryptocurrency. Given the inherent volatility of crypto assets, most involve a high degree of risk while others require domain knowledge or expertise. Trading cryptocurrencies is one of the answers to how to make money with cryptocurrency.

Ceyflix-Rez

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Quote from: Wysi on December 10, 2021, 01:43:51 PM

I would like to highlight most important crypto lesson of 2021 that is patience because I have missed out of coins like Shibu when I sold it for little profit or dump and it pumped 40x after I sold it, I would suggest you not to lose hope because those who have bought at peak in the past had to wait for years and they got good returns in 2021. No-one can predict crypto hence we cannot trust anyone including youtubers.

You missed nothing unless you made zero profits, if you sold your shiba inu very early it's because you already doubled your money, it's a smart move honestly because ask yourself this question, how many projects have became so good as shiba inu in the past months till date? Many meme coins tried to but no one was as good as shiba

Samurai trieng

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Quote from: arbifahrozy on December 16, 2021, 11:42:07 AM

This year is not good for crypto like other year we see many dump in this year that's why we won't make good profit and also due to this dump alt session not come again in 2021

looks like you should be able to analyze and take advantage of opportunities to invest in crypto well, because in my opinion 2021 is a very good time to profit from altcoins, because almost all altcoins are growing very well this year, and I suggest don miss the 2nd opportunity, the crypto market is currently experiencing a bearish, buy some altcoins that have great potential to be able to reap returns in 2022 future.

iv4n

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Quote from: manok jepang on December 16, 2021, 01:37:34 PM

Quote from: arbifahrozy on December 16, 2021, 11:42:07 AM

This year is not good for crypto like other year we see many dump in this year that's why we won't make good profit and also due to this dump alt session not come again in 2021

I have a different view, I think 2021 is the best year for all altcoins, because almost all altcoins have developed so fantastically that they can reach their highest price, although now the price is down again, I think this is a cycle and process for altcoins to grow even better, this decline is an opportunity for us to be able to buy some potential altcoins that are undergoing correction, such as BTC, ETH, BNB, SOL, and DOT because these cryptocurrencies have a great opportunity to grow higher in the.

This year was great, and it's not just a different view, it's a fact! Top coins, and many other coins, made their records, Bitcoin made a new ATH... and it's in terms of price, but I guess crypto is making progress in other aspects as well, definitely crypto is getting more popular every year... we have billionaires and the richest man in the world tweeting about alts!

And this is not the end... the crypto stories continue and I am sure there will be even better years than 2021!

matchi2011

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Quote from: manok jepang on December 16, 2021, 01:37:34 PM

Quote from: arbifahrozy on December 16, 2021, 11:42:07 AM

This year is not good for crypto like other year we see many dump in this year that's why we won't make good profit and also due to this dump alt session not come again in 2021

I have a different view, I think 2021 is the best year for all altcoins, because almost all altcoins have developed so fantastically that they can reach their highest price, although now the price is down again, I think this is a cycle and process for altcoins to grow even better, this decline is an opportunity for us to be able to buy some potential altcoins that are undergoing correction, such as BTC, ETH, BNB, SOL, and DOT because these cryptocurrencies have a great opportunity to grow higher in the.

All of your mentioned coins are good to hold while the market still down. If you got extra spare, buying more will give
you good opportunities to earn decently. This correction though might extend and experienced more fall but if you have
good trust with your investment, holding and waiting will be beneficial to you.

manok jepang

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Quote from: arbifahrozy on December 16, 2021, 11:42:07 AM

This year is not good for crypto like other year we see many dump in this year that's why we won't make good profit and also due to this dump alt session not come again in 2021

I have a different view, I think 2021 is the best year for all altcoins, because almost all altcoins have developed so fantastically that they can reach their highest price, although now the price is down again, I think this is a cycle and process for altcoins to grow even better, this decline is an opportunity for us to be able to buy some potential altcoins that are undergoing correction, such as BTC, ETH, BNB, SOL, and DOT because these cryptocurrencies have a great opportunity to grow higher in the.

wheelz1200

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Quote from: Ceyflix-Rez on December 10, 2021, 12:22:51 PM

2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly

3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt

Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe

On #2. Most of those people are paid shills anyway. If someone is pitching anything you should be weary. Use that as a resource but not THE source you use to put money into things.

Another good lesson is to not go all in on a wierd position, if you are gonna buy some fridge coin, cost average up and down so that your risk isn't overly heavy on relying something to pump imedeately.

Review Master

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Quote from: arbifahrozy on December 16, 2021, 11:42:07 AM

This year is not good for crypto like other year we see many dump in this year that's why we won't make good profit and also due to this dump alt session not come again in 2021

Those was just correction for another bullish rally, so try to take advantage of any hypes/trends which was going on. Thus portfolio will be increased/profitable, even correction was done. BTW, many users including me, took advantage of ongoing trends and made huge profit from those. So just DYOR and do more research on current trends/hypes when bullish season is going on with correction. Wink

andyou1234

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Quote from: kojektea on December 15, 2021, 07:33:52 AM

I now even see many ordinary people who are deceived because of the number of YouTubers or sales who offer coins that are not useful for them. They even throw away their money not how much. Very sadly, this is only happening in 2021 hopefully next year everyone can learn to be more careful.

even fraud does not only occur through youtube media, even other social media also commit fraud through aidroub, bonuses and other prize draws, I see many beginner are victims, from the survey I did, the most fraud I found was through aidroub and a bonty where they offer very tempting prizes but the results are nil, hopefully this will be an important lesson for facing 2022, hopefully we can all analyze everything related to crypto well, so that we all avoid all kinds of fraud in the name of crypto .

kaka manteng

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Quote from: Ceyflix-Rez on December 10, 2021, 12:22:51 PM

2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly

3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt

Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe

It would be impossible to go through the cryptocurrency industry without learning lessons. There's a saying that experience is the best teacher, this implies that the lessons learnt are priceless. There's really no need to quit because of any bad experience, you'll need those experiences to attain higher levels in the future.

abralzain17

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Quote from: Ceyflix-Rez on December 10, 2021, 12:22:51 PM

2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but

1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality

2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly

3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt

Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe

not all youtube content can help us in terms of predicting market prices, they only create youtube content to increase their viewing hours, I think many of them are liars in terms of predicting the market, they have other goals. I think our conscience or filing is more accurate when compared to the predictions they gave on their YouTube channel. studying the charts and understanding the candlesticks in the market is more useful than hearing what many people say when it comes to trading Crypto

Topic: My crypto lessons in 2021 - page 2. (Read 807 times)