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Topic: Never invest in any cryptocurrencies! (Read 17772 times)

copper member
Activity: 1428
Merit: 253
October 23, 2020, 06:25:03 AM
Personally, the desire to get a quick profit is indeed great, especially nowadays the opportunities for cash disbursements are so fast and many. The cryptocurrency that was introduced to me initially seemed like looking for quick profits, but after I learned it was not the same as that perception. Cryptocurrency can be used as a variety of good investment methods in the right and careful way. Many opportunities are generated in Cryptocurrency.
not only you but many people like you also had that kind of initial thought. when many people feel cheated by the market, it will have a bad effect on the trust of new people. I hope people who just come to the market will find it easy to understand and adapt to market conditions. so they won't feel cheated by crypto or other bad words.
full member
Activity: 532
Merit: 100
October 23, 2020, 06:11:15 AM
Personally, the desire to get a quick profit is indeed great, especially nowadays the opportunities for cash disbursements are so fast and many. The cryptocurrency that was introduced to me initially seemed like looking for quick profits, but after I learned it was not the same as that perception. Cryptocurrency can be used as a variety of good investment methods in the right and careful way. Many opportunities are generated in Cryptocurrency.
jr. member
Activity: 392
Merit: 2
October 21, 2020, 03:19:39 PM
I think the major issue here is most nee investors see Crypto currency as a get rich quick scheme which they actually expect instant rewards and they mostly come in when there is a bull run in bitcoin which mostly drives the price of most altcoins and when this altcoin start dipping then they say its scam or someone ripped them off.. people need to know that there is more to crypto currency
newbie
Activity: 98
Merit: 0
October 21, 2020, 02:13:53 PM
The desire to get easy gains is in human nature. If you stop a person in the street and ask what he wanted, he wuold say he wanted to wake up rich tomorrow.

People want to do nothing and earn an passive income. In cryptocurrency it is possible to earn income on token holding thanks a staking system. But it is very important to choose a right coin to hold. Here is an article about different kinds of staking system https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc.

Today, people have different attitudes towards staking, some do not trust this system, while others, on the contrary, consider it very beneficial. But definitely thanks for the article, I will definitely read it!
full member
Activity: 1708
Merit: 105
October 21, 2020, 05:39:18 AM
The desire to get easy gains is in human nature. If you stop a person in the street and ask what he wanted, he wuold say he wanted to wake up rich tomorrow.
That's not all what you say, humans will not always be satisfied with what they have, even those who are rich and have an important position in the government are still willing to commit corruption because they are not satisfied and continue to feel less. even though he understood that it was wrong and sinful, he still did it. but it cannot be generalized that there are no good people, there must be many and are usually inaudible
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
October 21, 2020, 05:11:57 AM
Not all people are fortunate enough to have the money to invest in cryptocurrencies. Many lot are bounty hunters and small scale traders who can only be able to put few to their favorite coins, and in the case of bounty hunters, be able to accumulate based on what they earn in campaigns and bounties and airdrops. The experience they get is really varies based on what they specifically do in crypto. Different experiences, different reactions, and different strategies in coping up with the environment. Don't paint this something that is black and white, this and that. It's not that easy.
full member
Activity: 588
Merit: 100
October 21, 2020, 04:36:01 AM
I really haven't invested yet in cryptocurrency, I started here in forum joining in bounties to support my studies, and now that I am an employee, I usually spend my time here hoping for an extra income.
sr. member
Activity: 795
Merit: 251
October 21, 2020, 03:30:40 AM
when you want to be an engineer, doctor, lawyer or any high pay jobs you need to spend at least 5 year to gain knowledge about that profession, Cryptocurrency and trading is not different from other profession. you need time to learn and gain knowledge about it.  Cool
The comparison is also quite interesting, although the general nature is the same, the objective terms are different. Basic occupations can't get rich quickly if only based on basic salary(unless you have very good skills), but the money market with opportunities and risks is much larger, the dream of getting rich quickly is psychological normal because luck is equally important.
jr. member
Activity: 184
Merit: 1
October 21, 2020, 03:19:54 AM
The desire to get easy gains is in human nature. If you stop a person in the street and ask what he wanted, he wuold say he wanted to wake up rich tomorrow.

People want to do nothing and earn an passive income. In cryptocurrency it is possible to earn income on token holding thanks a staking system. But it is very important to choose a right coin to hold. Here is an article about different kinds of staking system https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc.
member
Activity: 560
Merit: 11
October 21, 2020, 03:10:41 AM
The desire to get easy gains is in human nature. If you stop a person in the street and ask what he wanted, he wuold say he wanted to wake up rich tomorrow.
newbie
Activity: 18
Merit: 0
October 21, 2020, 01:22:21 AM
when you want to be an engineer, doctor, lawyer or any high pay jobs you need to spend at least 5 year to gain knowledge about that profession, Cryptocurrency and trading is not different from other profession. you need time to learn and gain knowledge about it.  Cool

not sure if this is a fair comparison, but we can say it like, as long as you learn, as much as you make fewer mistakes, that is why doctors take much longer learning, because it is one of the most jobs that we will never want to have mistakes, and rocket science (you know why Cheesy)
jr. member
Activity: 36
Merit: 1
October 09, 2020, 06:44:01 AM
when you want to be an engineer, doctor, lawyer or any high pay jobs you need to spend at least 5 year to gain knowledge about that profession, Cryptocurrency and trading is not different from other profession. you need time to learn and gain knowledge about it.  Cool
newbie
Activity: 23
Merit: 0
October 09, 2020, 01:51:27 AM
Cryptocurrency is one of the best investment tools today but many people are losing money due to lack of knowledge and wrong mindset. what they have in mind is that crypto can make it rich fast. in fact that is not true, investing takes time and other problems that they stay focused on the reward and do not think about the risks.

yes, people keep telling themselves that it will work we will double the money, ignoring any realistic analytics or predictions.

it is human nature, not something related to the crypto, in every field we hate to say that there is a percentage to lose something.
but tbh if we keep looking at the bad side or smth this will let us not move 1 step ahead and stay in the comfort zone forever
member
Activity: 868
Merit: 10
October 06, 2020, 11:32:00 AM
Cryptocurrency is one of the best investment tools today but many people are losing money due to lack of knowledge and wrong mindset. what they have in mind is that crypto can make it rich fast. in fact that is not true, investing takes time and other problems that they stay focused on the reward and do not think about the risks.
full member
Activity: 840
Merit: 106
Buzz App - Spin wheel, farm rewards
October 06, 2020, 10:45:26 AM
investing in cryptocurrency is not always profitable and not always detrimental, we can see the movement of crypto currency price charts in several crypto markets. if there is a decline in cryptocurrency then we can take opportunities here, we buy altcoins that have decreased and when the price increases we can sell them for profit. I recommend buying a decentralized altcoin so that you don't lose because a decentralized coin must have a price and a lot of buyers so there are many opportunities for the coin to go even higher.
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
October 06, 2020, 10:02:57 AM
Well, newbie want to get easy money but they dont know what cryptocurrency is about. They only know they have an oppurtunity to get easy money and it usually lead to big loss. If you want to invest on cryptocurrency you should watch & learn.
member
Activity: 1022
Merit: 10
October 06, 2020, 09:32:21 AM
as rewarding tasks on offers made as done on completion, parties with the business might accept transmission of balance on returns with the submitted jobs as more might work on extensive plan with the trading or just exchange into fiat to spends for daily needs.
sr. member
Activity: 1204
Merit: 272
1xbit.com
October 06, 2020, 05:12:53 AM
I think the most problem that happened to the newbies is want to make money with an instant way. They didn’t make any strategy how to manage some investment in cryptocurrency. The important thing is we must go through the process.

Well said mate.
All want is just easy money and that too in short period of time.
And for now they are blaming that the cryptos are pushing them into losses.
But it's due to their foolishness they are getting losses.
It's always advised to invest in stable cryptos, though it will give less profit in a longer period of time, but still it's reliable and risk free.
Hope this clears some confusion Op.
newbie
Activity: 17
Merit: 0
October 06, 2020, 03:13:59 AM
Crypto for me is a form of investment that can give an opportunity to everyone to earn even without investing any amount of money, although investment is just a second option. As a community member in crypto space, we shouldn't be negative even its too difficult for now for us to earn well at this point of time just continue what we have believed for about it.

what do you mean by "an opportunity for everyone to earn even without investing any amount of money" do you mean no investment needed in assets like office and renting or such things normal companies need

because in crypto you just have the coin, same goes with the assets in the market if you don't want to lose money at the start of your investment

but overall I agree that crypto is the high-risk investment but with a very low rate of requirements and you can start as low as 5-50 USD
member
Activity: 518
Merit: 11
October 03, 2020, 06:45:24 PM
Crypto for me is a form of investment that can give an opportunity to everyone to earn even without investing any amount of money, although investment is just a second option. As a community member in crypto space, we shouldn't be negative even its too difficult for now for us to earn well at this point of time just continue what we have believed for about it.
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