Topic: No where is actually safe - page 6. (Read 1177 times)
I can say nobody can actually graduate from the institute of cryptocurrency trading. Every season needs its peculiar strategy. It is better to be involved in both other normal business and cryptocurrency trading. Getting rich in cryptocurrency trading needs the right strategy.
If you say the convenience and security of cryptocurrencies, of course there is no 100% guarantee for the capital they invest, and you compare it to a sales business, this is already a physical object. You must again understand the difference between the two, investors who use it are ready with all the risks. I reviewed how many of them are successful in Crypto with knowledge based trading methods, of course there are many. So according to my style of thinking, with the power of Crypto now it is impossible for them to leave it. The ease of obtaining benefits has been given to many people. it comes back to us, how to trade and set the strategy.
If people were looking at something safe I am pretty sure they wouldn't put all of their money into some "code". I know that there is much more to bitcoin and all of crypto then just being a code, but the reality is that we are literally talking about trusting more to Satoshi's code then we trust government backed banks. That should tell you enough about how little we trust banks, the whole reason why bitcoin even has any value is because banks and fiat monetary world we live in is discouraging for people who are not wealthy already.
Definitely, you may not become as rich as Elon Musk, but all of the people who are at the for best top list right now are people who had families with money. Crypto gives people who came from nothing to have a chance, and that is why we are putting so much trust into it. Is it risky? Yes of course it is but it is surely much more equal in risk to everyone.
Could be a "code" in its core but people are not investing into that code, they are investing into an idea that supports that code. Bitcoin is a currency that is as far away from governments and banks as possible. This is why we invest and use it because at the very least people know that they are actually investing into something that can't be meddled with for the benefit of some people.Definitely, you may not become as rich as Elon Musk, but all of the people who are at the for best top list right now are people who had families with money. Crypto gives people who came from nothing to have a chance, and that is why we are putting so much trust into it. Is it risky? Yes of course it is but it is surely much more equal in risk to everyone.
Corrupted nations consider it as the greatest thing ever, in corrupted nations many powerful people do whatever they can to make as much profit as they can which results with citizens getting poorer and poorer whereas rich people keep getting richer. Maybe someone from UK could not understand the value of the idea behind crypto, which I am sure some do, but there are whole nations who understand the benefits of bitcoin and what it stands for.
It's true, and the only thing you need to remember is when to get out of the trade. That's how you ensure that you're not losing something out of your investment, or even to minimize your losses when the time comes. Learning how to read the situation is your best bet if you want to survive the gruelling reality of taking risks and investments even on unfamiliar markets.
Remember, those who lose money in trading are those who don't have self-control and believes too much in their abilities.
Dont really let yourself to be that confident when it comes to investment because this would really result into disaster.We should really mind on how to sustain into this market and shouldnt really hurry up because everything would be needing for you to sustain first.Remember, those who lose money in trading are those who don't have self-control and believes too much in their abilities.
Making out investment decision would neither be effective or would simply put you on trouble.This is where risk management do matters
on each individual.
Be realitic and believe into those things which are actually happening and act according to it.
Any places that "guarantees" you that you will be making a lot of profit will be lying to you. Unfortunately nothing is guaranteed in the crypto world and the sooner we learn this means the sooner we will realize that everything we do in the crypto world has a risk involved as well.
To this I will add that people need to learn about compounding interest as well, they see someone promising them 1% per day and they think this is a reasonable amount because it seems so low, but 1% per day is massive if we use compound interest over several years, and no one can give something like that even in the market of cryptocurrencies, and this is because if there was someone that could do something like that then they will not need the money of someone else to trade the markets. 
It's true, and the only thing you need to remember is when to get out of the trade. That's how you ensure that you're not losing something out of your investment, or even to minimize your losses when the time comes. Learning how to read the situation is your best bet if you want to survive the gruelling reality of taking risks and investments even on unfamiliar markets.
Remember, those who lose money in trading are those who don't have self-control and believes too much in their abilities.
Remember, those who lose money in trading are those who don't have self-control and believes too much in their abilities.
I understand that most of the people joining crypto are hardly driven by their interest to earn or profit from it due to its growing value. They may think its easy but surely not. It is not safe, its risky. Its better to learn before getting in and hopefully not in a hurry to skip and earn. You might end up losing what you've worked hard for.
May I ask what they are driven by if not their interest to earn or profit by it? of course, the majority of people in crypto are driven by the interest to earn quick profit, it will be better if people can learn a bit before diving in, but many invest before learning which is not very wise since the person will miss much vital information on how the whole market operates as well as hoe to be safe in this space.
Everyone want's to make money! We are all driven by the interest to earn or make a profit by investing if we have what to invest... and of course, nothing is without risk, turn it upside down we always risk something in order to get something! Crypto or anything else it's almost the same in my opinion, the better we are doing something more money we can make, nobody will keep us safe we have to do that wherever we are! So nowhere is safe, we need to learn how to walk before we start running! And when we start running we need to be even more careful than we were, and pay more attention to the things around us!
Sorry if I am mistaken, we are all here to make profit.
It is given that every thing that involves investment is risky. Not blaming anyone for being afraid though, losing everything is the scariest and most depressing part thing that could happen in crypto. I think what people should practice asking before getting in something that could lead to a terrible loss. Asking advise is not hard, I did observe that every one in this forum is extremely helpful.I understand that most of the people joining crypto are hardly driven by their interest to earn or profit from it due to its growing value. They may think its easy but surely not. It is not safe, its risky. Its better to learn before getting in and hopefully not in a hurry to skip and earn. You might end up losing what you've worked hard for.
May I ask what they are driven by if not their interest to earn or profit by it? of course, the majority of people in crypto are driven by the interest to earn quick profit, it will be better if people can learn a bit before diving in, but many invest before learning which is not very wise since the person will miss much vital information on how the whole market operates as well as hoe to be safe in this space.
Everyone want's to make money! We are all driven by the interest to earn or make a profit by investing if we have what to invest... and of course, nothing is without risk, turn it upside down we always risk something in order to get something! Crypto or anything else it's almost the same in my opinion, the better we are doing something more money we can make, nobody will keep us safe we have to do that wherever we are! So nowhere is safe, we need to learn how to walk before we start running! And when we start running we need to be even more careful than we were, and pay more attention to the things around us!
Sorry if I am mistaken, we are all here to make profit.
It is given that every thing that involves investment is risky. Not blaming anyone for being afraid though, losing everything is the scariest and most depressing part thing that could happen in crypto. I think what people should practice asking before getting in something that could lead to a terrible loss. Asking advise is not hard, I did observe that every one in this forum is extremely helpful. 
I have to say there are some cases of scamming that was deservedly done, I know I should not be victim shaming, but it is not like stealing money from old lady situation, we are talking about young and smart people who got too greedy and went into risky stuff just because they wanted to get rich quick and ended up getting scammed, that's a bit of their fault as well isn't it?
If people were looking at something safe I am pretty sure they wouldn't put all of their money into some "code". I know that there is much more to bitcoin and all of crypto then just being a code, but the reality is that we are literally talking about trusting more to Satoshi's code then we trust government backed banks. That should tell you enough about how little we trust banks, the whole reason why bitcoin even has any value is because banks and fiat monetary world we live in is discouraging for people who are not wealthy already.Definitely, you may not become as rich as Elon Musk, but all of the people who are at the for best top list right now are people who had families with money. Crypto gives people who came from nothing to have a chance, and that is why we are putting so much trust into it. Is it risky? Yes of course it is but it is surely much more equal in risk to everyone.
Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.
I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
100% agree.
Crypto is not a get rich quick scheme or anything easy of that nature.
It comes with its own share of risks and rewards, it's just that it is a much fairer playing field compared to traditional finance. I think that in itself should be enough to convince people to invest, but definitely not blindly believing that they can pull infinite money.
This is very true, man. None of the investment places is safe completely. And it is normal at the same time also. Because we are living in the technology era and hackers are everywhere. Even banks can be hacked for example. When it comes to cryptocurrencies, we have the full responsibility of our funds in this market. If we don't secure our cryptos properly, the probability of their being hacked increases a lot.
Whatever it is, I don't think anyone offers a 100% safe place to invest,the risk will always exist and that is why we must be careful and always check and also secure,
Hacking is everywhere and indeed it is a global problem
The simple rule of how to make money online and While you make money, sometimes your profit is weak so it does not mean or it means that someone has lost. That's really how the markets are when you're online, you have to be ready for whatever you get, you can't say we can get everything. Not everyone will earn a large amount, The smartest wins while the dumb loses.
This is very true, man. None of the investment places is safe completely. And it is normal at the same time also. Because we are living in the technology era and hackers are everywhere. Even banks can be hacked for example. When it comes to cryptocurrencies, we have the full responsibility of our funds in this market. If we don't secure our cryptos properly, the probability of their being hacked increases a lot.
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.
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.
Well, he could not have said it better, in fact in trading it is like that, in every trading platform whoever wins is because someone else thought otherwise and lost, normally in this type of case many analysts rely on the news, on everything that It has to do with relation to the market and they always judge a movement with some news, and it is very difficult for someone to affirm that a movement occurred but that they predicted it before, it is really difficult to find someone like that. Nothing is written, some just want to be in a safe zone, in fact the professionals are always in the market operating, some the most expert protect their longs with leveraged short positions.
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.
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.
Well, he could not have said it better, in fact in trading it is like that, in every trading platform whoever wins is because someone else thought otherwise and lost, normally in this type of case many analysts rely on the news, on everything that It has to do with relation to the market and they always judge a movement with some news, and it is very difficult for someone to affirm that a movement occurred but that they predicted it before, it is really difficult to find someone like that. Nothing is written, some just want to be in a safe zone, in fact the professionals are always in the market operating, some the most expert protect their longs with leveraged short positions.
There isn't really a hundred percent safe place for you to store your assets that could guarantee you a huge profit in a short span of time. Everything takes time. An investment needs time to mature may it be in crypto or other investment vehicles. If someone offers you easy and big return of investment in a snap, probably it is a form of scam.
Any places that "guarantees" you that you will be making a lot of profit will be lying to you. Unfortunately nothing is guaranteed in the crypto world and the sooner we learn this means the sooner we will realize that everything we do in the crypto world has a risk involved as well.I believe that we are going to have a lot better situation in our hands eventually, it will take some time to get better but since it is a long term project that means if you buy bitcoin and eventually it goes up a lot then we are going to be in profit a lot and that is when it is "guaranteed" if you could put a stop loss at a huge margin as well. It is just "possible" after a long period of waiting.
In business, nothing can be considered as safe. Because ups and downs are the common features of the business and also whenever you are making profit from a competition it means someone is doing loss and you are getting it as profit. This is called the competition of the business policy and I think every business is done by following this. I am a crypto trader and also I have some physical business. So this is my thought about your statement.
And this is why many people end up being scammed, once you make the realization that no asset is ever safe then you begin to take precautions and protect your coins to the best of your ability, but a newbie instead tries to look for that perfect investment they can just buy, earn money with it and have no chance of losing any amount of money, and we know that the only ones that can promise anything like that are scammers, this is why it seems sometimes as if scammers are never going to run out of victims, since people have the wrong expectations about the markets. Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.
I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
Seriously, I’m yet to get why the rush. I don’t see why anyone would really leave their regular job and jump into cryptocurrency when they have no clue on what it is all about. When I knew about cryptocurrency, it wasn’t something I tried to rush into.I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
I had a job that I was doing then and that six years back. I took my time and studied everything about cryptocurrency, and at a point I started making some income from it, but I still didn’t quit my job immediately, even at a time when I started making up to ten times of what my office job was paying me. I stayed until I made sure my cryptocurrency source of income was stable enough and also that I’m ready to start my own business and become self employed, that way I would have two sources of income. And that’s how it worked for me.
Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.
I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
I agree that crypto isn't a safe haven for investment but a battle of knowledge. These wreckless investors who just go with the hypes are most likely to lose everything. Doing research are still a must. I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses
Cryptocurrency market is just a battle between knowledge. The wiser you are with your money, the more you win. Its somehow difficult but through failures, you will gain experience that could propel you to financial freedom.
Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.
TBH, I'm one of them.Not directly leaving my business because I don't have one but I left my job because of crypto. I don't want to share the whole story but at least you got the point. I'm doing this for around 3 years already and I didn't felt any regret with my decision. For me, it is one of the easiest way to make money but at the same time it is the easiest way to loss your money if you don't have that much information that will help you.
I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.
Crypto really isn't a safe haven and I think this thinking must be eradicated.Or it depends on the investor
. Maybe for some who are holding for years, they see Bitcoin as a safe haven because base on history the trend of Bitcoin is always upwards and vice versa.One thing is for sure though, focusing on crypto is hard and I know it because that is what I experienced. I left my low-paying job here just to focus on crypto. I tried to learn at least the basics to have something that will help me.
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