Topic: Nowdays how to get wealthy secret (Read 416 times)
I think the most important thing right now is to dare to speculate to get rich quick, some altcoins such as meme coins can go up to thousands of percent per day so it is very interesting if we dare to invest there, of course not all coins have the potential to skyrocket but do DYOR well before investing .
I'm wondering if you're rich with these secrets. The OP is looking at this from a personal perspective, and it's really inexperienced. Remember that the news that makes it up is related to the outcome that is about to come, and never be wise in any market, because when you stumble, you will realize that that judgment only deceives your reality. being tempted by the market itself. As for becoming rich, there will be many different formulas for you to apply, but first you need to study the knowledge first.
how do u sell what u don't have? 
and how am i suppose to do what others aren't, when i don't know what are they not doing?
Nice answer dude,and how am i suppose to do what others aren't, when i don't know what are they not doing?
But honestly I was expecting the thread to be another one who promotes crypto again over Fiat since it gives anonymity.
I guess the words that OP said has been mention so many times before and it isn't really a secret anymore,
But most of the time now traders tend to Buy the Rumour, Sell the News so they always end up losing their money.
Can't exactly tell what other traders are up to. There are so many people who are buying and selling cryptocurrencies and I don't think there's any way for you to be able to tell exactly that this is what the majority of the people in the market are doing at a time. Unless you're going to say that you are buying when the price has faced a huge market correction. Which means that you are buying when the price falls or is at a very low rate. And when it increases you start selling.
And while you are doing this, you still have to be very careful so that you don't make these decisions at the wrong time. Just because there's a slight decrease in price doesn't automatically mean that you start buying. You have to back up your decisions with analysis.
And while you are doing this, you still have to be very careful so that you don't make these decisions at the wrong time. Just because there's a slight decrease in price doesn't automatically mean that you start buying. You have to back up your decisions with analysis.
This is actually quite reasonable and indeed this is something that every investor should have because patience and timing is one of the things that can make us profit there. what I feel now is actually the problem for investors is not buying or selling but holding and waiting because they often can't do it because selling and buying is an easy business but to hold back not everyone can do it
These investors are some of them who can survive by rotating the existing money, myself between FUD and Fomo always color investors' daily lives.
I recently read a reply on thread someone saying, he sold his btc when the media and people around him talked about it which brought him huge profits than selling them much earlier as like others do. I can relate this with your statement sell when there is a demand or the price is high. More patience is needed. This is something that commonly all do not do it and this is what is the right moment to decide upon selling or buying.
This is actually quite reasonable and indeed this is something that every investor should have because patience and timing is one of the things that can make us profit there. what I feel now is actually the problem for investors is not buying or selling but holding and waiting because they often can't do it because selling and buying is an easy business but to hold back not everyone can do it 
I recently read a reply on thread someone saying, he sold his btc when the media and people around him talked about it which brought him huge profits than selling them much earlier as like others do. I can relate this with your statement sell when there is a demand or the price is high. More patience is needed. This is something that commonly all do not do it and this is what is the right moment to decide upon selling or buying.
Something similar has been said by many traders at different moments in time, for example I remember reading in a book about someone that sold their stocks during the dot com bubble when his taxi driver began talking to him about the stocks he was trading, however while those are interesting anecdotes at the same time you cannot rely on those unpredictable signals, it is better to use TA to try to determine the points at which you should buy and sell, since the timing of your transactions is bound to be way more accurate this way. 
I do not agree with this statement. Talking about rumors is actually more of a myth and wishful thinking, here I'm not denying but I'm just straightening out. One can actually trade in their own way. There's nothing wrong with buying when someone else is selling, but there are many other factors to consider.
Yes right, I agree with what you said. Maybe the OP's way worked when he implemented it, but I don't think everyone can succeed that way. Each of us has our own way of making money, especially in this cryptocurrency. We should also consider external factors carefully as you said. We can't always rely on just looking at market movements.
This your strategy is not 50% accurate. You can sell and market will leave you and never come to your exit level again. Sometimes betting against bitcoin or a very good altcoin may lead to FOMO at the ballistic end, nevertheless, been in profit is something not to worry about. I just sold part of a coin I bought on CRO chain yesterday. I just took at 50% profit. My capital is still intact left in the market to keep printing, greed is bad.
the most important thing is always optimistic about the future and the easiest thing now can we do is invest in Cryptocurrencies and Hold at least 5 years then we have the opportunity to be rich.
I support this that investing into our future is a good idea and that will secure us from poverty in the future. In the time of 2015 and 2017 , some people that saw what the future of cryptocurrency will be and they invested, they made multiple profit by selling off investment and converting into cash, they made profit. And so today we can still make such decision to invest in cryptocurrency for the future and we should know time for selling when it goes into taking profit.
This is the secret pretty much. Remember last week how everybody was saying not to buy stocks because it will break the low from the Russian invasion? People assumed they would get another opportunity to buy many stocks at Covid lows and the complete opposite happened and we had a crazy rally after the fed raised rates.
When stocks fall it’s usually the wealthy that got tons of savings to buy them. The poor are selling to raise capital while the rich are buying them for pennies on the dollar. Hence why it’s easy for the rich to get richer since they got tons of disposable income they can park for 5 years while the poor need to sell to pay rent.
When stocks fall it’s usually the wealthy that got tons of savings to buy them. The poor are selling to raise capital while the rich are buying them for pennies on the dollar. Hence why it’s easy for the rich to get richer since they got tons of disposable income they can park for 5 years while the poor need to sell to pay rent.
You are right and it is because every speculative market moves based on the opportunities that others can see, especially in the fundamentals, or the well-known world events is when the intelligent investor buys while the inverse panicked sells, this happened in 2019- 2020 when Covid-19 came to light, the Stock Market fell in price like never before, and China bought shares and bought practically very cheaply and once the world became aware of the possible cures for the virus through the placebos or vaccines, the price of BTC had a great increase, causing many investors also in the stock market to buy and there I am sure that China sold and for now it is one of the countries that are doing very well economically.
I recently read a reply on thread someone saying, he sold his btc when the media and people around him talked about it which brought him huge profits than selling them much earlier as like others do. I can relate this with your statement sell when there is a demand or the price is high. More patience is needed. This is something that commonly all do not do it and this is what is the right moment to decide upon selling or buying.
I guess we could at least agree that the dollar specifically is becoming useless by the minute. They printed an insane amount of it and it definitely made people lose confidence in it. Must be one of the reason KSA snubbed Biden's phone call and then just a few days after announced it's going to sell oil to China using the yuan rather than dollars as long been customary. Seems governments are slowly starting to move away from the dollar and I don't blame them.
it is very difficult to know what other people are doing. if you look at the state of the market and the various rumors that are developing in the community, it is very difficult to find the truth. if you buy, do a market analysis, because it directly refers to the state of the market and the opportunities are also greater.
It is extremely difficult to follow other people's advice; therefore, it would be preferable if you made your own decision. Who knows, but it seems like people are dragging others to the bottom by not supporting them and instead providing false hope or information to them at this point. Prior to this, I had a number of excellent mentors and also friends who guided me, but now I can honestly say that mentors want money, they want to be compensated. It is essential that we do things on our own in order to achieve success or financial wealth. As the OP stated, we should do the inverse, but this does not imply that we should do the inverse; rather, it means that you should make your own decisions and develop new ideas that may lead to a profit.
the best way to get rich is -> focus on what you are doing (business or investment), expand your relationships (don't choose friends, look for those who can potentially help you, and maintain your relationship with people around you), think positive and try to stay smart. Never cheat yourself and others because wealth doesn't happen overnight.
This is indeed quite true, but I feel that at the point of not being picky about friends, we should be able to filter friends because this is really a basic thing.One reason many successful people out there is not to trust anyone too much because this will obviously be very detrimental to you. When it comes to money and power, the people closest to you can be your biggest enemy and it's a fact that not a few people are deceived, be it in business or whatever by those closest to them.
it is very difficult to know what other people are doing. if you look at the state of the market and the various rumors that are developing in the community, it is very difficult to find the truth. if you buy, do a market analysis, because it directly refers to the state of the market and the opportunities are also greater.
Plan your strategy in a bear market, rich people are smarter they create panic in the world to shake off every price of valuable items just to grab them at a cheap price, this is what they do so look for a chance and grab your own opportunity.
Now that we know all the secrets, we have only one question. Where can I get silver, gold, oil to sell and get rich? If I know how the mechanism works, this does not mean that I know how to use it. Wealth is a combination of luck, skill and patience. To be rich, you need to be able to invest your money correctly and save it correctly. It is certainly very important to take into account the situation in the country and in the world
Do what others dont do sell when they buy.
Buy when they sell.
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Nahhhh saying this is very easy but do you know when to enter? Buy when they sell.
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Do you know when to buy?
Do you know when events like this will happen?
Do you have spare money to use whenever opportunities like this comes?
Another one is that getting wealth isn't as easy as buy when others are saying and vice versa because if it is that easy then all of us must be reach by now. Another one is are you ready if things aren't going your way? Are you ready if you will incur losses when you bought something?
Go against rumours and someone is pushing hard dollar losing dominance so it means its time to buy usd.
This rumor has been around for years and so far the dollar dominance has not diminished. The question is also by which currency should it be replaced? The euro? The countries in the EU are politically and economically too different for the euro to become a dominant currency. The yuan? China is a dictatorial regime, which can be seen again in the case of Russia. Moreover, the policy is far too arbitrary and unpredictable. So I don't see any effective competitor to the USD, except perhaps Bitcoin.
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