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Topic: Never invest in any cryptocurrencies! - page 5. (Read 17751 times)

full member
Activity: 1400
Merit: 103
August 26, 2020, 04:05:05 AM
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 money
Your message only confirms the fact that (as I wrote above) most of us are here for profit, and many of us do not think about the prospects for the development of the crypto industry at all.
full member
Activity: 1210
Merit: 100
August 25, 2020, 04:05:02 PM
yes I agree with your point above, if someone comes into this cryptoqurrency industry just because they think that crypto can make you rich fast, I don't think that's true. investing in crypto certainly takes time and patience. So, I hope everyone, especially new investors, doesn't think that crypto investing can make you rich fast. all this takes a process.
hero member
Activity: 2170
Merit: 528
August 25, 2020, 01:42:09 PM
I'm very happy with my investment after buying every single year since 2016.

If someone were to ask me if they should invest I'd say yes. Those who don't play don't win and chances of you winning with cryptocurrencies are by far greater than in gambling or investing in startups.
very lucky you focused on investing in crypto because at that time, I was still racing on micro earning and had not yet started to dare to try to invest, and stupidly was also stuck with cryptocurrency gambling and I didn't get anything from there because I gambled just for fun, and This year I tried to dare to invest in crypto, even though it's actually a little late considering alt season has ended a few year ago.

You still have time.

I'm not saying that to unload my bags or anything like that. I'm not planning on selling anything before 20 thousand and probably going to wait at least until 50 before I move my coins to an exchange.

People who bought sub 10 thousand will have a lot of opportunities in the next 2 years. Quote me on it Wink

full member
Activity: 652
Merit: 103
August 25, 2020, 11:54:42 AM
the truth is that the way newbies are invited is the get rich quick way by new projects , advertises and influencers. now the real intent of crypto needs to be preached and practised such way but this is a huge task. this should start with the current crypto holders and investors and then the newbies will follow suit.

honestly, most experts, influencers, ads and some news would invite newbies to the crypto world and use the word "get rich quick" to instigate them. of course, most of newbie will interested on it. then, newbies will investing on crypto without knowing or learning anything about it. the result is most of them are getting scam in some project or get a big loss in trading. it's really bad.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
August 25, 2020, 09:43:33 AM
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 money
full member
Activity: 1400
Merit: 103
August 25, 2020, 07:46:20 AM
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.
sr. member
Activity: 365
Merit: 250
August 25, 2020, 07:25:53 AM
I think differently than you. Realistic, everyone in this world have a similar attitude in almost everything. That "get rich quick" is the main driven to push people actually spend their time to learn something. That turn the market becomes healthy on its own. No superficial gesture hiding behind greedy thoughts.
What investors are most concerned with during this time period is profits and there will certainly be a lot of people here who like to get rich quick. I am also one of them, but I have a lot of experience in this market so I avoid a lot of risks. The crypto market is a promising destination for everyone and there will certainly be times when you will be very greedy.
newbie
Activity: 21
Merit: 1
August 25, 2020, 05:12:26 AM
if you really choose never to buy crypto currency, it's up to you, I think you lack experience about investing,
there are many investment instruments in this world, you have to learn

i think you misread the topic but I also disagree about telling people to never buy any coins, never say never you know

it is good to have new people in market, more demand ,but they are losing ofc and by their loss we gain

if none loses how will we gain Cheesy
newbie
Activity: 23
Merit: 0
August 24, 2020, 10:12:41 AM
the truth is that the way newbies are invited is the get rich quick way by new projects , advertises and influencers. now the real intent of crypto needs to be preached and practised such way but this is a huge task. this should start with the current crypto holders and investors and then the newbies will follow suit.

it is the marketer's tricks and the foolishness of some type of people, some newbies come to learn and understand the market maybe testing in low budgets.
it is about the mentality of each person, not a general rule.

from our side as an old adopter and somehow experienced old investors we should share our knowledge to help newcomers and this will return on us by making the market more healthy
member
Activity: 866
Merit: 10
August 23, 2020, 02:14:20 PM
the truth is that the way newbies are invited is the get rich quick way by new projects , advertises and influencers. now the real intent of crypto needs to be preached and practised such way but this is a huge task. this should start with the current crypto holders and investors and then the newbies will follow suit.
full member
Activity: 1386
Merit: 101
ComboLabs
August 23, 2020, 11:32:15 AM
if you really choose never to buy crypto currency, it's up to you, I think you lack experience about investing,
there are many investment instruments in this world, you have to learn
hero member
Activity: 2058
Merit: 710
August 23, 2020, 11:23:13 AM
I'm very happy with my investment after buying every single year since 2016.

If someone were to ask me if they should invest I'd say yes. Those who don't play don't win and chances of you winning with cryptocurrencies are by far greater than in gambling or investing in startups.
very lucky you focused on investing in crypto because at that time, I was still racing on micro earning and had not yet started to dare to try to invest, and stupidly was also stuck with cryptocurrency gambling and I didn't get anything from there because I gambled just for fun, and This year I tried to dare to invest in crypto, even though it's actually a little late considering alt season has ended a few year ago.
hero member
Activity: 2170
Merit: 528
August 23, 2020, 11:16:02 AM
I'm very happy with my investment after buying every single year since 2016.

If someone were to ask me if they should invest I'd say yes. Those who don't play don't win and chances of you winning with cryptocurrencies are by far greater than in gambling or investing in startups.
sr. member
Activity: 1344
Merit: 250
August 23, 2020, 09:57:01 AM
do not ever expect to get rich quick in cryptocurrecy because all takes time and patience level sufficient to trade however all should be in the know start of trading and the risk of loss, the knowledge must be broad in order to understand the price will go up or down if the investment in the crypto make everyone rich quick then everyone will be to crypto for investments remember all investments have different risks.
hero member
Activity: 881
Merit: 500
CyberTrade
August 23, 2020, 09:49:20 AM
I don't think the people who became millionaires through cryptos agree with this statement. but afterwards it is of course easy to talk. the question now is of course whether it is still profitable to invest in bitcoins at the moment, for example. I would say yes. still is some kind of gambling, but that is the wonderful thing of live.
The number of people becoming millionaires by trading cryptocurrencies is pretty limited and only a small percentage of people are able to make it that far to be honest, it really takes dedication to fail so many times and still try again and again in order to become consistent in taking profits from the cryptocurrency markets which are extremely volatile and unpredictable to any untrained eye. Investing in bitcoin is not a gamble if you ask me, it is really a good place to invest your money rather than investing in a property or any other kind of High yield investment, bitcoin is risk free and a safe investment according to me.
full member
Activity: 360
Merit: 100
August 23, 2020, 09:46:06 AM
I think differently than you. Realistic, everyone in this world have a similar attitude in almost everything. That "get rich quick" is the main driven to push people actually spend their time to learn something. That turn the market becomes healthy on its own. No superficial gesture hiding behind greedy thoughts.
sr. member
Activity: 924
Merit: 256
August 23, 2020, 09:43:12 AM
I don't think the people who became millionaires through cryptos agree with this statement. but afterwards it is of course easy to talk. the question now is of course whether it is still profitable to invest in bitcoins at the moment, for example. I would say yes. still is some kind of gambling, but that is the wonderful thing of live.
I think that those who do not dare to invest in cryptocurrency are people who do not dare to take existing risks and cannot manage their financial conditions because I see investing in cryptocurrencies as having a very high risk even though like that the profits that can be obtained can be very high because of price movements which is great for making a profit.
hero member
Activity: 1106
Merit: 502
August 23, 2020, 04:16:11 AM
I don't think the people who became millionaires through cryptos agree with this statement. but afterwards it is of course easy to talk. the question now is of course whether it is still profitable to invest in bitcoins at the moment, for example. I would say yes. still is some kind of gambling, but that is the wonderful thing of live.
copper member
Activity: 1106
Merit: 0
August 23, 2020, 03:57:45 AM
In fact when people first go into crypto they have no idea about it. So they are not aware of many things that cause them to suffer losses. So first learn to understand it then invest here. Because it involves your money.
copper member
Activity: 966
Merit: 5
August 22, 2020, 07:58:58 PM
You are right but however, my concern is on the "get rich quick" approach which has caused many people their funds as they ended up investing in bad projects which was filled with hype etc. Also, this get rich quick approach tends to blind the judgement of some people therefore making them not to actually study the project but instead they focus on the hype surrounding the project. On the other hand, most people nowadays follow influencers of various crypto projects thus listening and doing whatever they heard without proper analysis and research from their own angle.
In addition, all I can say is, so far someone fails to carryout research on the project he wants to invest in but goes about following hype, then he is likely to keep losing funds.
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