No where is actually safe - page 3. | Bitcointalksearch.org

TheUltraElite

legendary

Activity: 2898

Merit: 1253

Call your grandparents and tell them you love them

Quote from: Shagnasty on December 13, 2021, 01:14:20 PM

Any type of investment has its risk and anything that is profitable isn't 100% safe. However, having enough knowledge in the risky world of crypto investment has an advantage for you will be able to know what's legit and what's not. Instability is one of the characteristics of cryptocurrency but holding reputable coins and investing with coins with a good foundation is an edge.

Assets that are less stable in terms of market movements are always going to be more profitable and more risky, it is a standard risk vs reward thing. Crypto is risky due to a lot of factors, like lack of regulation being a big one. But keep some part of your portfolio in crypto is not bad as long as you consider that money as a allocated to just another high risk asset.

Low risk assets are always there. You can be sure to invest in assets of different risk levels to be able to get nice average of all. Keeping a balance is the key here. Without risk you dont get high returns and without that I am sure people will not venture outside their job.

Quote from: syedzakir on December 18, 2021, 01:05:28 PM

Smart ones are those who take advantage of each and every condition and not to wait for the right time to come.

Right time is important to place a specific buy/sell order, in case you are trading Spot. Margin trading is a type of gambling and there you can take advantage of every movement. Hence this is not applicable for all traders.

Betwrong

legendary

Activity: 3234

Merit: 2112

I stand with Ukraine.

Quote from: syedzakir on December 18, 2021, 01:05:28 PM

Being safe is not actually to be in a condition where you are only gaining profit . It's actually to modify each and every condition according to your desire. Smart ones are those who take advantage of each and every condition and not to wait for the right time to come.

Interesting perspective. I mean, seriously, it can work, but, from what I've learned, most likely it won't. People that try to make money on everything normally don't succeed because it's very hard to find something you can make money with, especially without learning and hard work. I think it's better to concentrate your efforts on one thing than swinging from one thing to another. As Bruce Lee once said, "I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times." Do not try to find 10,000 ways of making money. Find just one and stick with it.

DrBeer

legendary

Activity: 3752

Merit: 1864

Quote from: Bitcoin_Arena on November 26, 2021, 07:48:30 PM

Simple rule is, While you are making profits, it means someone has made a loss. It's how markets are. Not everybody is going to make profits. The smartest win while the dumb ones lose.

For example the current bull run favours the smart ones who bought during the market. The dumb ones who are buying now due to FOMO might make losses should the market reverse for long periods of time.

This is primarily a feature of the speculative market. Here speculative interest, without an objective nomination, siphons money from one pockets into another ... But when you go to the stock / crypto market to trade assets - you must know this and be aware of what you are getting involved in! No, I am not discouraging, I myself traded and trade from time to time, but I suggest that you study the subject area very carefully at first

syedzakir

jr. member

Activity: 95

Merit: 2

Being safe is not actually to be in a condition where you are only gaining profit . It's actually to modify each and every condition according to your desire. Smart ones are those who take advantage of each and every condition and not to wait for the right time to come.

aryana42

sr. member

Activity: 1190

Merit: 251

when we see flaws, all businesses have flaws. it all depends how you play your strategy. crypto is Blockchain Technology where digital money is stored, crypto runs independently, meaning there is no legal basis in a country to regulate crypto. and this if we talk about the future, when mistakes happen in crypto this has nothing to do and is not regulated by state laws. maybe for me this is the most basic weakness, but behind it there is a big advantage for crypto users because it is not regulated in state taxes.

Zilon

sr. member

Activity: 966

Merit: 421

Bitcoindata.science

Quote from: KingsDen on December 14, 2021, 06:35:38 PM

Nowhere is actually safe.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.

True having diverse source of income not leaving any for the other so it would be easier to argument when the need arises. Crypto could be very volatile at some point and might experience a dip to avoid been tempted to sell the dip having other source of income could stare up the hold attributes to save the rainy day while the sun comes shining again

alpamar99

full member

Activity: 1092

Merit: 106

Quote from: xSkylarx on December 16, 2021, 03:03:05 PM

Quote from: alpamar99 on December 16, 2021, 02:26:09 PM

basically what is obtained with an instant thing will all be gone instantly too Cheesy

And maybe as you said, it is a thing in the name of luck.
On the other hand, the process is vital here because if you look at everything and not just in trade, you all need something called a process, not just relying on luck and something instant.

I also experienced it, like I won a small amount in the lottery, which I only spent on a day and I don't know what happened. Mostly, this is because we are just too happy and we are always thinking of spending it. Most of my friends that won money from gambling said that it is just a short period of time. They are still saying that my winnings in gambling are really fast gone, unlike if we are working and earning wages, it takes days or weeks before we can spend it.

because indeed things like this are like fortune that is obtained for free so we don't care even if the results obtained are spent all because we think we will definitely win again.
different from the results of work because it uses energy and thought so when we want to waste we have to think again about it.

Hypnosis00

sr. member

Activity: 2338

Merit: 338

Quote from: Dragonfund on December 17, 2021, 06:06:37 PM

Quote from: Shagnasty on December 13, 2021, 01:14:20 PM

Any type of investment has its risk and anything that is profitable isn't 100% safe. However, having enough knowledge in the risky world of crypto investment has an advantage for you will be able to know what's legit and what's not. Instability is one of the characteristics of cryptocurrency but holding reputable coins and investing with coins with a good foundation is an edge.

I always avoid anything inform any investment with huge returns is a no for me. It's good thing to risk and its good thing to invest but doimg this with greed is a signal that should be strongly avoid, they will not only damage your capital, you are at the risk of losing it all in the handa of scammers.
I know that it's hard to hold Altcoins and bitcoin but if you manage to hodl and get caught in bull run, the rewards are always too much to believe they are real. Hold if you must, trade and s all at every opportunity, crypto is always here and will be here for this who believe for it is safe haven.

Just HOLD when you can afford to do it, in fact, nobody urges us to do that. People will think that by simply holding we will become profitable, yes it might as long as we are holding the right coins like BTC. Apart from that, sometimes we are holding for nothing like having these shitcoins which some people do while hoping it gains market value someday.

@OP, if you can do both, having a job and investment, you are making yourself too easy and have a better future. Don't ever neglect that as an investment is for the long-term while having a job, I consider it short-term.

Dragonfund

full member

Activity: 546

Merit: 148

Quote from: Shagnasty on December 13, 2021, 01:14:20 PM

Any type of investment has its risk and anything that is profitable isn't 100% safe. However, having enough knowledge in the risky world of crypto investment has an advantage for you will be able to know what's legit and what's not. Instability is one of the characteristics of cryptocurrency but holding reputable coins and investing with coins with a good foundation is an edge.

I always avoid anything inform any investment with huge returns is a no for me. It's good thing to risk and its good thing to invest but doimg this with greed is a signal that should be strongly avoid, they will not only damage your capital, you are at the risk of losing it all in the handa of scammers.
I know that it's hard to hold Altcoins and bitcoin but if you manage to hodl and get caught in bull run, the rewards are always too much to believe they are real. Hold if you must, trade and s all at every opportunity, crypto is always here and will be here for this who believe for it is safe haven.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: KingsDen on December 14, 2021, 06:35:38 PM

Nowhere is actually safe.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.

Leverage income in overall because having lots of various sources would really be giving you peace of mind when it comes to finances since

you do know that you could able to provide out whenever you do need off money and its true that we shouldnt really stick on one or simply

stopping and focusing for a single source because once it do shuts down then we're fucked up thats why the more the better in any angle.

xSkylarx

hero member

Activity: 2352

Merit: 594

Quote from: alpamar99 on December 16, 2021, 02:26:09 PM

Quote from: awik p on December 13, 2021, 07:55:06 AM

Quote from: alpamar99 on December 12, 2021, 05:58:19 AM

Quote from: BITCOIN4X on December 10, 2021, 04:38:57 PM

Quote from: alpamar99 on December 10, 2021, 04:01:42 PM

Experience is the most reliable teacher Cheesy

I was like you at first and it was very difficult to buy and even sell my coins when there was a correction like now.
but as time went on I realized more and more and learned that this kind of thing is a mistake and started trying to be the opposite of it all and it actually worked.
Now I feel that hodl is the best and one other thing is to buy more assets when we have more unused money

People always panic about changing market trends when FUD happens. If you managed to survive without selling anything during FUD then you have successfully passed the challenge. Because panic will be very difficult to control for those who are very concerned with estimating their assets in a fiat manner.

Bitcoin promises decent returns in the long term, quite a lot of people have earned it and their experience has to be the best lesson for us right now. It's not about getting rich overnight, but we need the process and sacrifices to achieve the goals we dream of.

logically they would be like that because indeed they still see and refer to fiat as you said but indeed if things like this continue to happen without any change in our attitude of course we will only be at a loss.
with the experience in the past and the many advantages with a discount now they should be able to see all the advantages that are in this bitcoin.

it's true this is about the process and we can't expect wealth to come only with an instant process

Wealth gained in an instant is the same as luck, because in truth the business is built slowly and we enjoy the process. while luck certainly will not be obtained continuously, therefore many traders get rich suddenly and fall in an instant too. The advantages that exist in bitcoin will continue to grow and the changing times will answer the next government steps

basically what is obtained with an instant thing will all be gone instantly too Cheesy

And maybe as you said, it is a thing in the name of luck.
On the other hand, the process is vital here because if you look at everything and not just in trade, you all need something called a process, not just relying on luck and something instant.

I also experienced it, like I won a small amount in the lottery, which I only spent on a day and I don't know what happened. Mostly, this is because we are just too happy and we are always thinking of spending it. Most of my friends that won money from gambling said that it is just a short period of time. They are still saying that my winnings in gambling are really fast gone, unlike if we are working and earning wages, it takes days or weeks before we can spend it.

alpamar99

full member

Activity: 1092

Merit: 106

Quote from: awik p on December 13, 2021, 07:55:06 AM

Quote from: alpamar99 on December 12, 2021, 05:58:19 AM

Quote from: BITCOIN4X on December 10, 2021, 04:38:57 PM

Quote from: alpamar99 on December 10, 2021, 04:01:42 PM

Experience is the most reliable teacher Cheesy

I was like you at first and it was very difficult to buy and even sell my coins when there was a correction like now.
but as time went on I realized more and more and learned that this kind of thing is a mistake and started trying to be the opposite of it all and it actually worked.
Now I feel that hodl is the best and one other thing is to buy more assets when we have more unused money

People always panic about changing market trends when FUD happens. If you managed to survive without selling anything during FUD then you have successfully passed the challenge. Because panic will be very difficult to control for those who are very concerned with estimating their assets in a fiat manner.

Bitcoin promises decent returns in the long term, quite a lot of people have earned it and their experience has to be the best lesson for us right now. It's not about getting rich overnight, but we need the process and sacrifices to achieve the goals we dream of.

logically they would be like that because indeed they still see and refer to fiat as you said but indeed if things like this continue to happen without any change in our attitude of course we will only be at a loss.
with the experience in the past and the many advantages with a discount now they should be able to see all the advantages that are in this bitcoin.

it's true this is about the process and we can't expect wealth to come only with an instant process

Wealth gained in an instant is the same as luck, because in truth the business is built slowly and we enjoy the process. while luck certainly will not be obtained continuously, therefore many traders get rich suddenly and fall in an instant too. The advantages that exist in bitcoin will continue to grow and the changing times will answer the next government steps

basically what is obtained with an instant thing will all be gone instantly too Cheesy

And maybe as you said, it is a thing in the name of luck.
On the other hand, the process is vital here because if you look at everything and not just in trade, you all need something called a process, not just relying on luck and something instant.

Betwrong

legendary

Activity: 3234

Merit: 2112

I stand with Ukraine.

Quote from: Issa56 on December 13, 2021, 04:34:26 PM

Seriously no investment is safe including cryptocurrency and to be honest cryptocurrency is not really easy, if you just into cryptocurrency to be honest you are definitely going to lose huge amount of money and you will endup jumping out of it. Before investing in Cryptocurrency make sure you understand it first and have basic knowledge about what it is about, some people will say cryptocurrency is easy is just to buy when the price is low and sell when the price is high but to be serious cryptocurrency is more than that.

Imo, for a successful investment it's not enough to know what is cryptocurrency and how it works. Take Bitcoin(BTC) for instance. Isn't it the best, meaning most promising, cryptocurrency around? And yet there are tons of examples people losing money with investing in it. They buy high, thinking it's only starting going up, then when it's plummeting they panic sell it 3 times cheaper than they bought. To avoid this situation, you shouldn't invest more than you can afford to lose, and surely you shouldn't invest borrowed money.

KingsDen

legendary

Activity: 1092

Merit: 1024

Hello Leo! You can still win.

Nowhere is actually safe.
The safe thing is to have many sources of income.
You don't need to quit your work for crypto or quit your business for crypto or vice versa.
The best option should be to have a full time job, then have a business you manage by proxy. Then remain in crypto. By this, things might go well for the person.

LUCKMCFLY

legendary

Activity: 2436

Merit: 1853

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

When you feel that the market is very unstable, then you should be doing things other than hodling. Because that will be the safest thing to do and you can still make huge profits out from hodling it until you see your target selling price. I guess in all types of investments, be it with fiat or crypto, there's always risks. And if you are afraid to take risk, then just prefer saving your money in banks rather than putting in an investment. Because when you invest, its either you lose all your money or you gain much more of your capital. So no where is actually safe, that's why others have thought that better be safe than sorry.

You are right, in fact one of the ways I have to stop feeling fear is to use only the money that I have available for my basic expenses, the money that I keep in crypto I leave it alone, not only because the market is in high uncertainty, but because it is easier to have peace of mind without thinking so much about what can happen, in my case it is not for fear that I do not dedicate myself to trading, where I live there are constant electrical failures and in an eventual scalping operation I can lose a considerable amount if a Electric power failure.

The hodl I see as an investment strategy and until I see benefits, I do not withdraw my money, I know that one day the market will rise.

Issa56

hero member

Activity: 1400

Merit: 911

Seriously no investment is safe including cryptocurrency and to be honest cryptocurrency is not really easy, if you just into cryptocurrency to be honest you are definitely going to lose huge amount of money and you will endup jumping out of it. Before investing in Cryptocurrency make sure you understand it first and have basic knowledge about what it is about, some people will say cryptocurrency is easy is just to buy when the price is low and sell when the price is high but to be serious cryptocurrency is more than that.

Hamphser

sr. member

Activity: 2506

Merit: 328

Quote from: Shagnasty on December 13, 2021, 01:14:20 PM

Any type of investment has its risk and anything that is profitable isn't 100% safe. However, having enough knowledge in the risky world of crypto investment has an advantage for you will be able to know what's legit and what's not. Instability is one of the characteristics of cryptocurrency but holding reputable coins and investing with coins with a good foundation is an edge.

You should really prepare yourself when it comes to risk taking because this market is something to be like this on once you do make out engagement then

you should embrace out the possible thing that could happen whether a good one or bad ones.No one is actually safe and could really play safe

because once you do step your foot into this market then you should make yourself prepared.

Shagnasty

member

Activity: 148

Merit: 10

Any type of investment has its risk and anything that is profitable isn't 100% safe. However, having enough knowledge in the risky world of crypto investment has an advantage for you will be able to know what's legit and what's not. Instability is one of the characteristics of cryptocurrency but holding reputable coins and investing with coins with a good foundation is an edge.

dezoel

legendary

Activity: 2002

Merit: 1072

Leading Crypto Sports Betting & Casino Platform

What we need to calculate when we are taking risks is the rewards, if we are taking too much risk then there should be too much reward and if we are taking little risk then there is usually a little reward. Obviously in a dream world we would take no risks and have a huge reward but we all know how unlikely it is.

All those people who invested into small cap gems that nobody knew would go up and ended up going up 10x0 did something very risky, there are thousands like them and only a few ever grow huge, so even though it looks like "this guy paid a thousand dollars and made a million dollars!!" is like they did something profitable, they actually did something very very risky and tens of thousands of people do the same and have zero as their return.

Kakmakr

legendary

Activity: 3458

Merit: 1960

Leading Crypto Sports Betting & Casino Platform

You know..... The people losing or not profiting from Crypto currencies are the people who are not patient or those people who were forced to Sell early.. before they could make any profits. I have a long-term strategy with my Crypto investments and I make sure that the money that I invest in Crypto .... is disposable money and not debt.

If you use debt to fund your Crypto investments... you are one of those who will not be able to wait for the best time to Sell... and those are the people who are losing. Wink

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