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Topic: Share your Crypto experience. (Read 1669 times)
I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
I am in crypto since year 2017 and i have a lot of regrets for not holding my coins from joining signature campaign that time, because if i hold those coin until now maybe i am now a millionaire in my country, i look my wallet history and i regrets all is just a regrets so for now i hold very tight for the future. My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
DYOR for new altcoins. Yes. Everything must be considered carefully and is like planting a tree, if the seeds are good, of course it will produce a big tree with lots of fruit.
I like this comparison of yours. It's true that if you choose the right coins then someday you'd see that they're profitable. But if you choose the wrong ones, you'll have to deal with losses.If you have done that, it's good enough and your investment will continue to grow and get bigger and it won't take long. an interesting idea for sure.
That is true. And that is why most of the Bitcoin investors have made a lot of profit because they've chosen the right one. And I am also for that, luckily, I've made decent profits with it.
if what we invest in is a top coin then it will last better, but if we invest in a new coin or a new project, I think it will return to DYOR, because all decisions will be in our hands whether good or bad. Likewise, because I am married and have small children, I prefer to invest long term by choosing trusted coins, so that I will be comfortable holding them for the long term. It's not easy to make that decision, but we have to be brave enough to take the risk whatever the outcome will be
DYOR for new altcoins. Yes. Everything must be considered carefully and is like planting a tree, if the seeds are good, of course it will produce a big tree with lots of fruit.
If you have done that, it's good enough and your investment will continue to grow and get bigger and it won't take long. an interesting idea for sure.
I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
Doing lots of Bounties and investing many cryptocurrencies but in the end the reward from doing all the work sometimes got used for emergency case because I lack having an emergency fund. But until now Crypto only something that I did when I have free time because I have work and family in real life. It's quite hard to maintain my time with both of them(family and work) so I only did DCA and hold for long term right now.
Doing lots of Bounties and investing many cryptocurrencies but in the end the reward from doing all the work sometimes got used for emergency case because I lack having an emergency fund. But until now Crypto only something that I did when I have free time because I have work and family in real life. It's quite hard to maintain my time with both of them(family and work) so I only did DCA and hold for long term right now.
one of the good options is also what you have done. I myself, if I have luck from Bounthy, sometimes trade it again, but on average I lose a lot and in the end I come to the conclusion that it's better to use it as a reserve and additional fund to help with my monthly distribution. I'm grateful. quite helpful. But, I also focus on my main job of course.
I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
Doing lots of Bounties and investing many cryptocurrencies but in the end the reward from doing all the work sometimes got used for emergency case because I lack having an emergency fund. But until now Crypto only something that I did when I have free time because I have work and family in real life. It's quite hard to maintain my time with both of them(family and work) so I only did DCA and hold for long term right now.
And THAT is why I say DCA is the best, no trader knows for sure when the cheap price comes, they can guess, they can get it right sometimes. And usually only need to get it wrong a few times to bust.
The term "cheap" is relative, that is all that the OP would need to understand.Today something is cheap because it is compared to the rest of the fiat currencies out there. Tomorrow it is still cheap because the value of all have risen proportionately.
Hence the best time to buy is now an no somewhere in future. If you get lucky and have fiat at hand when price drops, well and good but waiting for that is a counter-productive option. Still dont end up buying at the all time high, rather hold during that time or sell if you have bitcoin.
Cheap and expensive definitely relative for sure but if we're talking about trading/investing, cheap in each cycle just means the range from the floor and the 50% average price mark. As long as you buy below half the price of new ATH, you bought cheap.
But you have a point, tomorrow is always cheap if you compare to 2 cycles ahead. So yeah if you can wait 8 years every time you buy, you are guaranteed cheap entry. But that brings us right back to my DCA point
You can't trade 8 years, you can DCA for 8 years and you'll be way way cheap in average 
And THAT is why I say DCA is the best, no trader knows for sure when the cheap price comes, they can guess, they can get it right sometimes. And usually only need to get it wrong a few times to bust.
The term "cheap" is relative, that is all that the OP would need to understand.Today something is cheap because it is compared to the rest of the fiat currencies out there. Tomorrow it is still cheap because the value of all have risen proportionately.
Hence the best time to buy is now an no somewhere in future. If you get lucky and have fiat at hand when price drops, well and good but waiting for that is a counter-productive option. Still dont end up buying at the all time high, rather hold during that time or sell if you have bitcoin.
I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
Well we have different experience in crypto, i am in crypto since 2016 i am doing signature campaign together with investing on some new projects i have a lot a good and bad experience,and i am thankful that after all these years i am still here doing the same thing with patience,all i can say is that if i am a good holder from the past maybe ive already earn millions,i have a big regrets when i saw my transaction history of selling coin specially Bitcoin if only i hold it till this present time maybe i am now millionaire but past is already past we need to move on for good so for me holding is a good strategy based on what i experience before,holder is alway win. My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
I have now been investing in Crypto for 10 months and its been a test of patience thats for sure, feel like I have entered in a bad year with lots going on causing these bad times and low prices we are currently seeing.
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling.
I am just wondering if those who have been involved with crypto for a few years at least could share their experience and offer any advice for those new like myself?
Thanks
Haha, no bro even 10 months back was a good entry time and you've entered in good zone of the market and are still desperate why? haha just think about those who entered in the last Bull rally and took the entire bear zone pressure all these years still they are inn big loss but waiting patiently you should learn to control your emotions in the market because its one of the most important things.
Market always test the weak hands and mostly weak hands lose, it was a good accumulation time in last week.
Yes I know how to count
It is not the same profit, but it is the same regret. People keep 'regretting' every cycle. So I'm just saying, don't keep ending in that cycle, it gets more regretful every ATH.
It is very hard to believe in history and words told by other people. So people who participate in this market must experience it, with time and some cycles like at least two cycles to miss opportunities, feel regret by hesitating too much and missing chance to get profit. After one cycle, they can learn something and avoid same mistake in a next cycle. But there are people who hardly to change after one cycle and they need like three or more cycles to change.It is not the same profit, but it is the same regret. People keep 'regretting' every cycle. So I'm just saying, don't keep ending in that cycle, it gets more regretful every ATH.
Quote
Keep the DCA started early and you will not look back again.
DCA Bitcoin. I repeat this 100x so newbies can thank me in future.
DCA is very good method for investment money in Bitcoin but 100x from 2024 price, Bitcoin will have price about $6,500,000 tu $7,000,000. It's very high price and I believe in $1M price first and I even don't know when Bitcoin will be trade around $1M.DCA Bitcoin. I repeat this 100x so newbies can thank me in future.
$6M to $7M for 1 BTC is too much and in your post, you can not know when it will happen. If it is like 2100s year, it is too far for most of us to wait and get profit.
Those do have a big difference between them you are aware of that right? 
I mean 10 to 1000 is 100x higher, whereas 1000 to 4000 was 4x and 4000 to 20k was 5x higher, so as you can see it is not the same as "good old days", hence why there are so many people who end up investing into alts as well because they think that it doesn't really feel like it is a wrong thing to do because alts could still go a lot higher, the problem is that we are not sure which alt will go higher and that is why we may pick one that would be terrible and crash if we are wrong.
We should probably consider the fact that picking bitcoin and just investing long term is a lot better. I think it should be something to care about because if we pick bitcoin that will definitely be a lot better.
I mean 10 to 1000 is 100x higher, whereas 1000 to 4000 was 4x and 4000 to 20k was 5x higher, so as you can see it is not the same as "good old days", hence why there are so many people who end up investing into alts as well because they think that it doesn't really feel like it is a wrong thing to do because alts could still go a lot higher, the problem is that we are not sure which alt will go higher and that is why we may pick one that would be terrible and crash if we are wrong.We should probably consider the fact that picking bitcoin and just investing long term is a lot better. I think it should be something to care about because if we pick bitcoin that will definitely be a lot better.
Yes I know how to count
It is not the same profit, but it is the same regret. People keep 'regretting' every cycle. So I'm just saying, don't keep ending in that cycle, it gets more regretful every ATH.
Keep the DCA started early and you will not look back again.
Altcoins prove over and over that you're gambling and never reach ATH again. Look at ETH, DOGE, LTC etc all fail to reach old ATH when BTC was running. Like every time! And people fall for it again? And again?
DCA Bitcoin. I repeat this 100x so newbies can thank me in future.
If your target is to make a big profit from your crypto trading, I guess that 10 years of hodling is too small for you to achieve your goal because you can be expecting big profit from your hodling when you hodl more than 3 years, and you will surely achieve big profits from the market.
For me its more about risk management. Just set a stoploss or a clear invalidation that your conviction in your investment is wrong. And the only conviction that I have on Bitcoin me being wrong is when it goes to zero. So I will hold it until it reach my personal conviction of 300k otherwise I am wrong. And as long as it's not reaching yet my target, I will continue averaging in so that my investment would compound overtime. I'm talking about investing in here and not trading. So the timeline in here is long that also ease my fear that I have a lot of time before I reap my investment. No pressure for me.
This is the mistake people in bitcoin made since 2012. They thought it was only possible to buy early when price is "cheap".
$10 was cheap at the time. When I got in, $1000 was cheap. Then after the 2017 bullrun, $4000 was cheap. Then in this recent one, $20000 was cheap.
Trust me in next cycle people will see $60000 as cheap.
And THAT is why I say DCA is the best, no trader knows for sure when the cheap price comes, they can guess, they can get it right sometimes. And usually only need to get it wrong a few times to bust.
Those do have a big difference between them you are aware of that right? $10 was cheap at the time. When I got in, $1000 was cheap. Then after the 2017 bullrun, $4000 was cheap. Then in this recent one, $20000 was cheap.
Trust me in next cycle people will see $60000 as cheap.
And THAT is why I say DCA is the best, no trader knows for sure when the cheap price comes, they can guess, they can get it right sometimes. And usually only need to get it wrong a few times to bust.
I mean 10 to 1000 is 100x higher, whereas 1000 to 4000 was 4x and 4000 to 20k was 5x higher, so as you can see it is not the same as "good old days", hence why there are so many people who end up investing into alts as well because they think that it doesn't really feel like it is a wrong thing to do because alts could still go a lot higher, the problem is that we are not sure which alt will go higher and that is why we may pick one that would be terrible and crash if we are wrong.We should probably consider the fact that picking bitcoin and just investing long term is a lot better. I think it should be something to care about because if we pick bitcoin that will definitely be a lot better.
90% of us are not built to understand how to trade bulls and bears. It's a fact, we just have to accept it.
I think it is only possible if you buy early when price is still very cheap.This is the mistake people in bitcoin made since 2012. They thought it was only possible to buy early when price is "cheap".
$10 was cheap at the time. When I got in, $1000 was cheap. Then after the 2017 bullrun, $4000 was cheap. Then in this recent one, $20000 was cheap.
Trust me in next cycle people will see $60000 as cheap.
And THAT is why I say DCA is the best, no trader knows for sure when the cheap price comes, they can guess, they can get it right sometimes. And usually only need to get it wrong a few times to bust.
I thought someone can trade his coins in the bear market to make a big profit, when I newly started trading because I used to see crypto trading like what I can do to become a professional with the knowledge of other business skills I acquired, but I missed a lot of profits that made me to discovered that when you trade your coins in the bull run help you to make a big profit
Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .
You and everyone who ever did trading because we heard it from someone (yes even me included) fell for this trick.Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .
Bull run, everyone profits. It's no brainer. But they forget that if they hodl anyway, you profit, probably less, but it's always yours. Trading makes you green and happy until the bull hides and the bear takes over. Then you suddenly see everything evaporate.
90% of us are not built to understand how to trade bulls and bears. It's a fact, we just have to accept it.
I thought someone can trade his coins in the bear market to make a big profit, when I newly started trading because I used to see crypto trading like what I can do to become a professional with the knowledge of other business skills I acquired, but I missed a lot of profits that made me to discovered that when you trade your coins in the bull run help you to make a big profit
Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .
Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .
You and everyone who ever did trading because we heard it from someone (yes even me included) fell for this trick.
Bull run, everyone profits. It's no brainer. But they forget that if they hodl anyway, you profit, probably less, but it's always yours. Trading makes you green and happy until the bull hides and the bear takes over. Then you suddenly see everything evaporate.
90% of us are not built to understand how to trade bulls and bears. It's a fact, we just have to accept it.
If your target is to make a big profit from your crypto trading, I guess that 10 years of hodling is too small for you to achieve your goal because you can be expecting big profit from your hodling when you hodl more than 3 years, and you will surely achieve big profits from the market.
I thought someone can trade his coins in the bear market to make a big profit, when I newly started trading because I used to see crypto trading like what I can do to become a professional with the knowledge of other business skills I acquired, but I missed a lot of profits that made me to discovered that when you trade your coins in the bull run help you to make a big profit
Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .
I thought someone can trade his coins in the bear market to make a big profit, when I newly started trading because I used to see crypto trading like what I can do to become a professional with the knowledge of other business skills I acquired, but I missed a lot of profits that made me to discovered that when you trade your coins in the bull run help you to make a big profit
Now that another bear is about to occur in the crypto market soon, for people to buy and wait for the bull run to come before they can trade, it will allow you not to miss your opportunity too in every bull season which I have experienced positive results from that aspect .
since I know cryptocurrencies, I rarely hold bitcoin, but I invest in ethereum, in the hope of being safe and getting bigger profits. but one time I trusted a new altcoin and I invested in it, but bad luck happened, the project failed and the altcoin became ashes until now, even though it had pumped, but I didn't sell it, therefore from my bitter experience, at this time prefer safe altcoins to invest, although trying my luck on new altcoins, I only use a little capital and not for the long term
I, too, am an investor in altcoins. I primarily do bitcoin and other coins such as ethereum, but that's not it because I feel that I can still earn more through investing and discovering new coins that have the potential to grow. And, like you, I also invest in new altcoins that have a project. When I see a promising coin, I immediately invest in it. Yes, it's too risky because we never know what will happen to it, but as I said, I only invest in new coins and projects that have the potential for growth. I experienced investing in a project that didn't last long, but it's okay. It's a lesson to be learned, but I also have a lot of coins that gave me profit, and I'm proud of them. So even with just bitcoin, I can still earn, but nothing beats the opportunity bitcoin gives; nothing beats the first coin. Jump to: