Topic: Never invest in any cryptocurrencies! - page 4. (Read 17751 times)
You post is very clickbait-y. Maybe try and post about reasons one should invest, what to watch out for, tips to invest safely, etc.
exactly, it is not suitable for everyone tbh some will endure the lose some won't be able to accept it, mentality differs from one to another, but the main rule is to learn enough and dive step by step.
don't dive in an ocean when you can't swim in a pool, you will be drawn unless you are lucky enough to find a stone or a trunk to step on in this massive ocean, you can imagine how rare is that to find such high ground in the middle of the ocean, is it impossible?? no, but it is totally rare more than you can ever think
Very good advice for everyone, the point is to always learn enough on everything in order to make good strides in crypto, because crypto is full of risks so everyone needs knowledge not to be wrong when making any steps.don't dive in an ocean when you can't swim in a pool, you will be drawn unless you are lucky enough to find a stone or a trunk to step on in this massive ocean, you can imagine how rare is that to find such high ground in the middle of the ocean, is it impossible?? no, but it is totally rare more than you can ever think
thanks, it is as well a very good place to make investments but requires some experiments and like every other job or career, it is not suitable for everyone, you need to be talented naturally or work hard on your skills, both will get profit, but ignoring to learn and jumping in the crypto world without any prior knowledge with your whole investment money this will mostly end up in a bad way.
there is also another side of the coin, in crypto, there are no win-win situations, so every loss of someone is a win for another - tbh not just in crypto -
Yes i agree with you, many people lay in crypto with the purpose of obtaining right money yet i think it is the wrong way crypto very risk is to seek for advantage and when i think crypto is not the right place
Putting money in crypto for profit is not wrong as long as we know how and have studied all the risks, because most of the lucky ones in crypto are people who dare to make risks based on the knowledge they already have.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?
I would definitely agreed to your sentiment and it is really a good advice especially to those who are just new to the crypto world. Having that kind of attitude is not good and okay if you want to invest and get involved to cryptocurrencies especially if you think that you can get easy money on it without noticing the high risk and possibilities that you can lose in this kind of battle. Keep in mind that one important attitude that a cryto enthusiast show have is being a risk taker not the "go with the flow" attitude. 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?
exactly, it is not suitable for everyone tbh some will endure the lose some won't be able to accept it, mentality differs from one to another, but the main rule is to learn enough and dive step by step.
don't dive in an ocean when you can't swim in a pool, you will be drawn unless you are lucky enough to find a stone or a trunk to step on in this massive ocean, you can imagine how rare is that to find such high ground in the middle of the ocean, is it impossible?? no, but it is totally rare more than you can ever think
Very good advice for everyone, the point is to always learn enough on everything in order to make good strides in crypto, because crypto is full of risks so everyone needs knowledge not to be wrong when making any steps. don't dive in an ocean when you can't swim in a pool, you will be drawn unless you are lucky enough to find a stone or a trunk to step on in this massive ocean, you can imagine how rare is that to find such high ground in the middle of the ocean, is it impossible?? no, but it is totally rare more than you can ever think
Yes i agree with you, many people lay in crypto with the purpose of obtaining right money yet i think it is the wrong way crypto very risk is to seek for advantage and when i think crypto is not the right place
That's because you don't have the experience and dont't research it before you invest. If you have enough experience, I believe you will get a lot of profit in this market. I have a lot of friends trading in this market and over the past few years they have received hundreds of times profits from trading and investing in the top altcoins in this market.Yes i agree with you, many people lay in crypto with the purpose of obtaining right money yet i think it is the wrong way crypto very risk is to seek for advantage and when i think crypto is not the right place
That's because you don't have the experience and dont't research it before you invest. If you have enough experience, I believe you will get a lot of profit in this market. I have a lot of friends trading in this market and over the past few years they have received hundreds of times profits from trading and investing in the top altcoins in this market.exactly, it is not suitable for everyone tbh some will endure the lose some won't be able to accept it, mentality differs from one to another, but the main rule is to learn enough and dive step by step.
don't dive in an ocean when you can't swim in a pool, you will be drawn unless you are lucky enough to find a stone or a trunk to step on in this massive ocean, you can imagine how rare is that to find such high ground in the middle of the ocean, is it impossible?? no, but it is totally rare more than you can ever think
Will you just watch ?, and not buy cryptocurrencies? think about it!, the future is technology,
and technology is blockchain one of them, of course cryptocurrency will follow that trend in the future
If you understand crypto and not after short period profit then you can invest.and technology is blockchain one of them, of course cryptocurrency will follow that trend in the future
But if you think its a get rich quick opportunity then that would be the problem.
Gain knowledge first to become aware of what to expect in crypto investment, its promising really but still risky.
if you seek for a quick rich scheme then cryptocurrency is not suit for you maybe a hyip programs might be suit for you to test out. We all gathering in this forum all is believed bitcoin will make it way to the top and will support it back by using it and learn from this new technology as it will grow everyday. Keep in mind that we cannot be a millionaire overnight so always believed that we can if we trust bitcoin system will bring we there.
cryptocurrency never promises we will be rich man in short term, and its be trouble for new comer in crypto market. they thinking by buying bitcoin and hold for several months they will automaticly be rich man. hyip and crypto market totally different, in this place we must be smart people to catch opportunity based on research not on luck. 
Will you just watch ?, and not buy cryptocurrencies? think about it!, the future is technology,
and technology is blockchain one of them, of course cryptocurrency will follow that trend in the future
and technology is blockchain one of them, of course cryptocurrency will follow that trend in the future
Yes i agree with you, many people lay in crypto with the purpose of obtaining right money yet i think it is the wrong way crypto very risk is to seek for advantage and when i think crypto is not the right place
people are thinking irrationally, that is a fact, and new coins or most of them are using marketing tactics more than taking care of the project itself, they are hiring more marketers and designers than developers.
it is a good way to check if the project is serious or not, to check how much of time, and money they are spending on marketing and how fast they are adding features to the project
No, most of the projects now are scam and all things that has been put into documentation coule be fake. This is the problem with it because no third party that will be used to filter these ICO being promoted here in te forum. Even so if there are groups making a way of listing good project to which for them will be successful still it will fail. it is a good way to check if the project is serious or not, to check how much of time, and money they are spending on marketing and how fast they are adding features to the project
Never to invest in cryptocurrency maybe ideal except for bitcoin and other strong altcoins.
totally agree with you, the market is scary a bit nowadays and scams are everywhere, but that doesn't say there are no new projects are legit and good, I would say to newcomers to invest in top 10 coins for a while till they learn a bit, there they can lose but their loss will never be 100% as it can be with a scam project.
but after that, they can keep diving for more profit percentage with a higher calculated risk, but never follow anyone's analysis, we are all can be wrong, even if we spend the lifetime analyzing, a lot is away from each one's point of view is a factor that makes his predictions less accurate, and unfortunately, we can't no matter how hard we try to collect all info and predict the future.
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?
Agree. People here are very self induction sometime. If they are losing money they will say its scam project. Every investment have risk and people should learn to live with it. Crypto investment is a highly risk business some loses more than they can earn but also they can earn so much money.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?
Im invested on some shitcoin and sometime I lose a penny but thats normal I guess. No one can earn on crypto without having risk. Also a good fundamental review could help find a good project.
people are thinking irrationally, that is a fact, and new coins or most of them are using marketing tactics more than taking care of the project itself, they are hiring more marketers and designers than developers.
it is a good way to check if the project is serious or not, to check how much of time, and money they are spending on marketing and how fast they are adding features to the project
No, most of the projects now are scam and all things that has been put into documentation coule be fake. This is the problem with it because no third party that will be used to filter these ICO being promoted here in te forum. Even so if there are groups making a way of listing good project to which for them will be successful still it will fail. it is a good way to check if the project is serious or not, to check how much of time, and money they are spending on marketing and how fast they are adding features to the project
Never to invest in cryptocurrency maybe ideal except for bitcoin and other strong altcoins.
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?
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?
Everyone dream is to be financial freedom so i guess not all think the same. About getting rich quick is the main reason why a lot of investors wanna join cryptos sector and i see a lot newbies coming here whining about they getting scam or loses all their saving because the greed overcome them to think cryptos some kind of a quick rich scheme.
people are thinking irrationally, that is a fact, and new coins or most of them are using marketing tactics more than taking care of the project itself, they are hiring more marketers and designers than developers.
it is a good way to check if the project is serious or not, to check how much of time, and money they are spending on marketing and how fast they are adding features to the project
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?
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?
Everyone dream is to be financial freedom so i guess not all think the same. About getting rich quick is the main reason why a lot of investors wanna join cryptos sector and i see a lot newbies coming here whining about they getting scam or loses all their saving because the greed overcome them to think cryptos some kind of a quick rich scheme.
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?
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?
Everyone dream is to be financial freedom so i guess not all think the same. About getting rich quick is the main reason why a lot of investors wanna join cryptos sector and i see a lot newbies coming here whining about they getting scam or loses all their saving because the greed overcome them to think cryptos some kind of a quick rich scheme.
The unstable nature of crypto made those investors with attitude think that this is a "get rich quick" scheme. While we can't stop their attitude, it is their loss in the end. As long as people think that they can benefit from something to their finances with such convenience in their entry, they wouldn't help but have that kind of mindset.
It's like saying that having microjob in the internet makes you rich.
it is their loss, but they make others suffer as well because they are acting unpredictably and this makes your calculations fail and you to lose or they convince others and let them lose and they are making it harder for the market to get stable.
yet we can't stop them from doing that unless we use only altcoins with restrictions that help to avoid such behaviors
Everything that TS wrote is disconnected from reality, since most of us are here for a banal reason - to earn money. And while crypto will give this opportunity, there will always be people who are ready for the "here and now" and do not think about the prospects.
only 3-5 percent of people in this market really think about the future of cryptocurrency and this market. in fact, all active users came here to make moneyI 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?
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?
I do understand your point but the title of your topic is highly misleading by using the word 'never invest' instead of saying 'never have this kind of attitude, etc.'
Cryptocurrencies, just like any other investment mechanism available, is an investment that deals primarily with the influx of the prices of it. Due to being decentralized in nature, its price is highly volatile compared to gold and stocks. Others got lucky when the price of bitcoin skyrocketed last year but others also felt loss when they invested during the peak of the price of cryptocurrencies. Again just like any other investment, thorough research and studies are needed to minimize the risk of losing your investments quickly.
If there is a formula to being rich quickly, then I guess everyone would be rich by now. The only formula is to work hard and to work SMART!
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