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Topic: Never invest in any cryptocurrencies! - page 15. (Read 17772 times)

full member
Activity: 653
Merit: 183
July 24, 2020, 02:38:02 PM
I never like people with only simple thinking "get rich quick" on crypto scene. Put that aside, risk equal with profit. If people understand how much risk is for a crypto investment then that's their choice, you can't force them to use it as a different means.
newbie
Activity: 21
Merit: 1
July 24, 2020, 12:43:15 PM
I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?





take it from an expert in life before being expert in crypto for 3 years  Cool
that would make the whole crypto world more healthy as if everyone working hard and doing his best for himself and others around him.

but does it what happens? no, why? because it is not a fair world, and every technology is a double-edged sword, some projects are using it the right way, some are abusing it.

it is better to check every service and coin and avoiding projects that are hiding the main info.

also, it is always better to invest in coins/projects for teams who have a past of stable development for other projects.
member
Activity: 728
Merit: 11
July 24, 2020, 10:05:47 AM
First of all, you need enough knowledge about crypto currency. If you don't have any idea about crypto currency or any project then why you invest there. If you want to invest in any project then first you need to gather knowledge about this project and finally you make a decision that you invest or not. Now a days it is so much tough to choose a project for investment. But not impossible to choose. Finally i can tell you that you can invest in crypto currencies after getting knowledge and research.
jr. member
Activity: 448
Merit: 4
July 24, 2020, 08:07:41 AM
I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?


In 2017, this is exactly what happened: people came and bought cryptocurrencies to get rich quickly. Those who invested a little earlier did get rich quickly, but most of them lost because they didn't sell on time-this is greed. I don't think I'll make money that fast right now. But if you invest for at least a couple of years or more, it will bring a good return.
member
Activity: 588
Merit: 10
July 24, 2020, 07:17:43 AM
CYPTO is very difficult in guessed that I have seen until now rarely find a coin that can provide large profits in the short term if skills are lacking in the crypto world better don't invest in crypto, very risky
if a person does not have enough skills, then it is simply better for him to invest in bitcoin and not look for very large profits among altcoins. But not investing in cryptocurrency is generally a stupid decision.
It is indeed true, if you not gonna invest in cryptocurrencies then you will definitely get regret it later. Those who do think to invest in altcoins would have risk then you should stick to BTC which has minimal risk and maximum potential. Because of that many of us had already made a good profit by holding BTC.   
hero member
Activity: 3024
Merit: 629
July 24, 2020, 06:54:34 AM
Newbies think that in the cryptocurrency field you can immediately start earning, but unfortunately, without any knowledge, this is impossible and therefore you need to first study the possibilities of cryptocurrencies and the entire cryptocurrency sphere in order to start earning in this area correctly and successfully.
If you want to generate money thought out these platform then you must have to become eligible to get a better understanding of how do things got work here. Therefore you must have to gain knowledge as well as experience here and after that, you will get a better way to generate money through your work.
Indeed knowledge is the key in order to better grasp how crypto works. Exerting an effort and working hard are your stepping stone to be able to earn. On the other side if you want to use a capital to invest in crypto, make sure you did a research to know the uses of the coin if its worth to invest your hard earned money.
full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
July 24, 2020, 06:22:05 AM
CYPTO is very difficult in guessed that I have seen until now rarely find a coin that can provide large profits in the short term if skills are lacking in the crypto world better don't invest in crypto, very risky
if a person does not have enough skills, then it is simply better for him to invest in bitcoin and not look for very large profits among altcoins. But not investing in cryptocurrency is generally a stupid decision.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
July 24, 2020, 06:11:11 AM
CYPTO is very difficult in guessed that I have seen until now rarely find a coin that can provide large profits in the short term if skills are lacking in the crypto world better don't invest in crypto, very risky
Why always seek for LARGE PROFIT?invest to earn not to Get rich and that is the problem why many Noob and greed people lose their investments because of this attitude.
This market is volatile and yeah we can make money but remember that the opposite side will make us lose so contentment is the key to survive.
some traders is fine with small profit but at least consistent than looking for Big profit but rare to happen and mostly makes us fail.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
July 24, 2020, 03:26:25 AM
CYPTO is very difficult in guessed that I have seen until now rarely find a coin that can provide large profits in the short term if skills are lacking in the crypto world better don't invest in crypto, very risky
hero member
Activity: 1484
Merit: 597
Bitcoin makes the world go 🔃
July 24, 2020, 03:23:58 AM
I agree about your opinion. But i think if there would be somebody wants to invest, the most preferrable thing to do is to learn much more about cryptocurrency business and the way it is to be earn, ecause the wrong with the people come to crypto investments is they think that cryptocurrency is a easy money scheme, which is very wrong, it takes hardwork and patience to earn in crypto.
As long as we know what we are doing and that we are risky enough to have it, it is fine. I don't see any problem investing in it, especially that I can prove that I was able to earn from it especially before. Investing will depend on us not on Cryptocurrencies. We should also take advantage these type of investment since only few knew it yet, iif we study it now we will able to use it more in the future.
sr. member
Activity: 1918
Merit: 328
July 24, 2020, 03:20:58 AM
in traditional money we can also earn by trading our national money thru forex exchanges but the movement of their prices is pretty stable unlike in crypto we can witness a huge increase, that is the opportunity everyone is waiting, you are correct it is not a get rich quick scheme it will not happen in just 1 day it needs time and patience.
Patience is literally the key to everything. Be it the crypto market, stock market or any other business in general, the heights can only be reached by being patient and up to date with information regarding the same. Crypto currency shouldn’t really be treated as digital money, it is more like an asset which can be used for transactions in various forms, invested in and traded. Crypto market is highly volatile which means you can either win big or lose big so tread carefully.

We are promoting crypto as investment rather than its ease of usage. If we discuss how convenient crypto is rather than discussing it as store of value, it may possible that the adoption would increase.
Cryptos currencies must be promoted as technology that can ease up people’s life rather than as an investment scheme. Investing in the same would than depend on the people. If they like the concept, they can invest capital in it. Most of the people out there are into making money and that’s perfectly normal.

But, it’s the duty of every crypto enthusiast to make them understand and learn the underlying technology in the projects or coins they are about to invest in.
member
Activity: 489
Merit: 16
www.cd3d.app
July 24, 2020, 03:09:21 AM
I agree about your opinion. But i think if there would be somebody wants to invest, the most preferrable thing to do is to learn much more about cryptocurrency business and the way it is to be earn, ecause the wrong with the people come to crypto investments is they think that cryptocurrency is a easy money scheme, which is very wrong, it takes hardwork and patience to earn in crypto.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
July 24, 2020, 03:05:44 AM

If the price of BTC can spike up to $500 to $1000 and can also drop the same day, you can not really blame if any of us see cryptocurrency to be a get rich quick scheme. The more people see it this way since the scammers in cryptocurrency are attracting their victims the same way.

Although it can be explained in the best way possible that its about bid and sell orders in the market which fluctuation of price reacts wildly, we could help speculate since there are developmental news from teams which can make investors buying and shorting.
full member
Activity: 1554
Merit: 101
July 23, 2020, 09:11:06 PM
actually it doesn't need 1 day, but you have to wait to get in at the right time, and it can come faster than other value gains such as stocks, mutual funds, etc.some examples of altcoin can go up to 100% a few days or rather 1 week, so actually you don't have to wait long if you enter at the right time.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
July 23, 2020, 04:03:35 PM
I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?





To be honest, i think everyone gets involved with crypto currency trading and investment to get rich quick. The main disparity between the desperate investors and successful ones is discipline, a desperate to be rich throws all eggs in a basket without a thorough investigation about success rate, while the disciplined ones are the comprehensive traders full of trading knowledge and skill.

hero member
Activity: 2184
Merit: 531
July 23, 2020, 02:55:57 PM
So how do you make people not holding it as 'an investment'? Seriously, anything holds a little bit of value can be used as an investment and there is nothing you could do about it. Much less than cryptocurrencies with high value and a greater chance to earn profits.

He thinks people are too hasty with their investments and shouldn't touch it if they expect quick and big returns.

I agree with that but I also am aware that greed is good. Greedy people are restless and are not afraid to wet their feet. You won't make money at all if you don't invest, so my advice is: try and don't be afraid. If it doesn't work out for you, it will not be the end.
hero member
Activity: 2128
Merit: 520
July 23, 2020, 02:52:59 PM
I think cryptocurrency can be no bad way to earn money. Many people have bad ideas about cryptocurrency. I think cryptocurrency is not a medium to get rich quick. So first learn about cryptocurrency then invest.

You have to learn first and make sure to enhance your knowledge for you to enjoy all the benefits that crypto is offering.


First point It’s just a dream that wants to get rich quick from cryptocurrency. second point think from your own opinion and invest very little money when new you’re in cryptocurrency market. Third learn the latest patience because some tokens will give you tensions but no need worry because you can overcome later.

No one should think like this, maybe wayback 2-3 years ago, those lucky investors who invested with crypto and got the chance to enjoy
all the benefits, especially those who manage to take huge amount of profits., but now you need to live in realities that you needed to
invest more of your time to still enjoy the benefits.
sr. member
Activity: 616
Merit: 250
July 23, 2020, 02:41:28 PM
I would say crypto is about luck, a project can make one millionaire but I get your point anyway as patience is really needed in Crypto if you a project dumps on anyone it's good to have patience and watch it grow back than selling and recreating or pointing crypto to be evil. Let's get it and understand what's all about.
sr. member
Activity: 1936
Merit: 290
July 23, 2020, 02:12:54 PM
I think cryptocurrency can be no bad way to earn money. Many people have bad ideas about cryptocurrency. I think cryptocurrency is not a medium to get rich quick. So first learn about cryptocurrency then invest.
First point It’s just a dream that wants to get rich quick from cryptocurrency. second point think from your own opinion and invest very little money when new you’re in cryptocurrency market. Third learn the latest patience because some tokens will give you tensions but no nedd worry because you can overcome later.
member
Activity: 124
Merit: 10
July 23, 2020, 01:56:19 PM
So how do you make people not holding it as 'an investment'? Seriously, anything holds a little bit of value can be used as an investment and there is nothing you could do about it. Much less than cryptocurrencies with high value and a greater chance to earn profits.
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