Smart decision I made toward the end of the bull run - page 3.

Silberman

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Quote from: Viscore on May 27, 2022, 06:50:18 PM

Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

True. You'll never find true success if you keep on relying your decisions from them. Remember, it's your money, your investments, so you need to control all of them with your own will, and not that others will control you. Youtubers do not make you earn, but they find a living from you if you always submit to their decisions.

If people do not want to take financial decisions on their own because they do not think they are qualified to do so then that is fine, the issue is what they do once they go through that realization, in that scenario they need to find a good money manager that can produce profits in the markets and that has the right credentials and a good reputation among their customers, relying on Youtubers is a huge mistake as the majority of them do not really know what they are talking about but they act as if they do.

jostorres

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Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

Not listenning other people is a great start, but SOL? Really? Sol? Are we talking about the same coin? This is the same coin that is so centralized that they literally stop the whole chain for a while in order to fix something, even revert back if they want to, and have full control over and could make you lose money in a second if they ever wanted to do it. That is the situation in SOL, they are more centralized than USD to be fair because USD at least has to keep some reputation whereas SOL could literally be used to make as much profit for the team and not care about the investors at all. I would applaud the btc and eth but definitely not sol.

kelonmusk

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Quote from: Ziskinberg on May 27, 2022, 07:15:33 PM

Quote from: Viscore on May 27, 2022, 06:50:18 PM

Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

True. You'll never find true success if you keep on relying your decisions from them. Remember, it's your money, your investments, so you need to control all of them with your own will, and not that others will control you. Youtubers do not make you earn, but they find a living from you if you always submit to their decisions.

Not only just that, it was because we believe that we are right and it is our responsibility to make decisions about our assets. These YouTubers and those social media influencers had nothing it helps us, they simply made people confused about the situation, and besides, we know more and are familiar with the market than these people. In fact, if we lose and miss the chance, they don't give any to us and might then say "I was wrong". LOL

Yes, most of us will certainly not easily trust investment advisors who come from social media channels including YouTubers and influencers who clearly don't care about your money. what matters to them is simply increasing the number of views in their business. Beginners need to be careful and Dont easily believe it. Yes,the risk of loss, profit is our responsibility, so it is very important to manage financial management before making a decision.

Ziskinberg

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Quote from: Viscore on May 27, 2022, 06:50:18 PM

Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

True. You'll never find true success if you keep on relying your decisions from them. Remember, it's your money, your investments, so you need to control all of them with your own will, and not that others will control you. Youtubers do not make you earn, but they find a living from you if you always submit to their decisions.

Not only just that, it was because we believe that we are right and it is our responsibility to make decisions about our assets. These YouTubers and those social media influencers had nothing it helps us, they simply made people confused about the situation, and besides, we know more and are familiar with the market than these people. In fact, if we lose and miss the chance, they don't give any to us and might then say "I was wrong". LOL

Viscore

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Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

True. You'll never find true success if you keep on relying your decisions from them. Remember, it's your money, your investments, so you need to control all of them with your own will, and not that others will control you. Youtubers do not make you earn, but they find a living from you if you always submit to their decisions.

LUCKMCFLY

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Quote from: bitkanu on May 19, 2022, 06:25:45 PM

Quote from: isaac_clarke22 on May 15, 2022, 05:31:39 PM

Quote from: Metroid on May 12, 2022, 09:46:11 PM

~

If not scammers, they are surely paid. I only checked Youtube when I am about to learn technical stuffs like in trading just like what I did back in the day to learn the ropes of it. Other than that, I would not trust a lot of Youtubers for crypto investment regardless if their channel is dedicated to cryptos. There are just way many things that could go wrong if you just let yourself get baited by those.

it's basically the same thing with trading signal that are free, basically don't let foreign influence affect investment decision of ourselves.
because at the end of the day, the ones that truly know our well being is ourselves and that also includes our economic condition.
these so called influencers can't give a damn in regard of our economy even sometimes they just gonna suck the money out of us if they encounter the chance.
just make a decision by ourselves.

Exactly, I think the same, in fact I am sure that the influencers do not follow their own advice and live off what the platforms leave them, I think they always want us to see an ideal life that they supposedly show us and that they have, but none of they are capable of showing their own accounts, with the profits and losses they have had, or that they say some forecast and then make their own bet on the exchange and show us the results later, I think that will never happen, much less than trade live and direct, when a trader or influencer does that, I think that there I will understand that they are not telling lies.

kojektea

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yes i agree it is a wise choice. Here we can't depend on anyone let alone to invest in coins related to our own money because we will regret it if we find a perverted youtuber. Better to buy it yourself, research it yourself, even if it's a loss but I'm sure we will be satisfied with the results that we do ourselves as an experience for future investments. Youtubers now prefer what they hold we also buy, but I have a suspicion if they will take profit when we buy it.

Natalim

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Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

Many had failed and blame themselves, and even regretting because of the wrong decision been made. Yeah, this is very common for those people who come in a hurry. It was found to be more relevant to anticipate the market decline than to be a greedy holder looking for more profit. Likely, if you miss the chance of selling your coins to Bitcoin, I'm very certain you are also doing this (blaming).

You are not just doing it smart, but what you did is an independent decision, and it was great.

bounceback

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Quote from: Wildwest on May 26, 2022, 08:56:45 AM

Now is not the right time to invest in a new project, and your current decision is very right because you have converted your coins to potential altcoins and will remain afloat for the foreseeable future, and in investing we have to make our own analysis and do not easily believe with others because in the crypto world not all predictions are on target, then the analysis itself is better even if it is not as expected.

When market conditions are in a declining stage as is happening right now, it will be risky if we invest in new projects because usually when the price of bitcoin decreases, their investors will secure their assets into stable coins, thus making new projects less attractive because they realize that it would be too risky to put funds into the new project, it should be remembered that the crypto market cannot be predicted with accuracy because it is very volatile.

KaliLinux

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Quote from: rugrats on May 27, 2022, 12:03:59 AM

Quote from: Dessy88 on May 26, 2022, 09:58:01 AM

How do you make a profit if the price of btc keeps falling continue? btc bull market will not come very soon and i do not see any possibility of it. But a good way for me is that you can sell altcoins if you want by converting to usdt then trading by choosing the best token from binance or kucoin.

OP cannot profit if the market keeps falling but holding bitcoin will give OP peace of mind and bitcoin is a long term hold, in the long run bitcoin will go up, not down. It's a wiser decision to keep holding altcoins that could die if the bear market lasts.

During a bear market, you have no guarantee that you will make a profit from tokens on binance, while bitcoin is constantly falling in price.

True. If you are not a good trader then, converting most Alts to Bitcoin, Ethereum, and BNB for me is the best cos those you can have more assurance of not going under even with the bear market pressure however, I believe some good traders do still make profits scalping the bear market but you have to know what you are doing for that to happen.

rugrats

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Quote from: Dessy88 on May 26, 2022, 09:58:01 AM

How do you make a profit if the price of btc keeps falling continue? btc bull market will not come very soon and i do not see any possibility of it. But a good way for me is that you can sell altcoins if you want by converting to usdt then trading by choosing the best token from binance or kucoin.

OP cannot profit if the market keeps falling but holding bitcoin will give OP peace of mind and bitcoin is a long term hold, in the long run bitcoin will go up, not down. It's a wiser decision to keep holding altcoins that could die if the bear market lasts.

During a bear market, you have no guarantee that you will make a profit from tokens on binance, while bitcoin is constantly falling in price.

Dr.Osh

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Quote from: bitkanu on May 26, 2022, 06:59:35 PM

Quote from: Dessy88 on May 26, 2022, 09:58:01 AM

How do you make a profit if the price of btc keeps falling continue? btc bull market will not come very soon and i do not see any possibility of it. But a good way for me is that you can sell altcoins if you want by converting to usdt then trading by choosing the best token from binance or kucoin.

of course the key is holding, definitely some people just gonna bags if it's in bearish market because there is really nothing they could do to go against the wave without incurring losses further.
by 1-2 years ahead into the future the market is gonna be getting better and these holders gonna be having a good time because although the market haven't reached the full potential they are already up in their investment portfolio
so holding and choosing best altcoins is the key

but, from what I've learned, what I've learned from the experience I've had so far, the real key is not just relying on patience, but daring to take advantage of the situation to sell when the price is high, and buy when the price is low. Personally, I also continue to hold the assets I own until the price of the assets I own falls. and several times I did not take advantage of the situation when the price was falling to increase the assets I had. however, it has to do with patience and the smart decisions we need to make. many people continued to hold bitcoins while they were still hitting ATH, but have now sold them as prices fell, and so did other assets.
anyway, the OP is pretty good at making his own decisions without having to listen to youtubers, or anyone else. if he endured it, he might be at a disadvantage right now

rojan

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Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

If we take a look we can see here but there are a lot of youtubers who are complete spammers and they have no help for us but here they are only for the money they can get from us so I think it is better to learn and plan for yourself. If we all get lost, at least we learn from it, but the only way to grow in the market here is to learn from our mistakes and try it on our own.

bitkanu

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Quote from: Dessy88 on May 26, 2022, 09:58:01 AM

How do you make a profit if the price of btc keeps falling continue? btc bull market will not come very soon and i do not see any possibility of it. But a good way for me is that you can sell altcoins if you want by converting to usdt then trading by choosing the best token from binance or kucoin.

of course the key is holding, definitely some people just gonna bags if it's in bearish market because there is really nothing they could do to go against the wave without incurring losses further.
by 1-2 years ahead into the future the market is gonna be getting better and these holders gonna be having a good time because although the market haven't reached the full potential they are already up in their investment portfolio
so holding and choosing best altcoins is the key

Silberman

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Quote from: Wildwest on May 26, 2022, 08:56:45 AM

Now is not the right time to invest in a new project, and your current decision is very right because you have converted your coins to potential altcoins and will remain afloat for the foreseeable future, and in investing we have to make our own analysis and do not easily believe with others because in the crypto world not all predictions are on target, then the analysis itself is better even if it is not as expected.

Sometimes I wonder why something that is so obvious it is so difficult for some people to understand, there are moments in which you can take more risks and there are others in which you need to be more conservative, and a bear market is not the moment to try to find a coin that goes up 100x or anything like that, this is the moment to invest in the most solid coins in the market or maybe even to remain outside of the market for some time, so we can watch and analyze its movements during the next months.

alisonwonder

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Quote from: Cling18 on May 26, 2022, 10:02:44 AM

That's why it's still important to do our own research so we don't have to rely on the opinions of youtubers because they only focus on earning and making money. Most of them get paid for promoting and shilling coins so we shouldn't rely on them. We must research our coin of choice so we'll know if we're on the right track when it comes to investing.

Whatever the promotion of paid youtubers is just a fake analysis to increase something coin because their channel has high interaction from watching about crypto, we should prioritize personal analysis for investment because only we know the potential when it will increase when the roadmap is realized.

Cling18

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Quote from: Maliceprime on May 26, 2022, 02:28:01 AM

Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

We all have different stories to tell when it comes to YouTubers, many of those YouTubers are just struggling to make a living through Youtube so do not expect them to work for free, most videos on Youtube are paid adverts but there are few of them that know what they are doing, they talk about good projects only, if you can find them it will help your crypto journey.

That's why it's still important to do our own research so we don't have to rely on the opinions of youtubers because they only focus on earning and making money. Most of them get paid for promoting and shilling coins so we shouldn't rely on them. We must research our coin of choice so we'll know if we're on the right track when it comes to investing.

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How do you make a profit if the price of btc keeps falling continue? btc bull market will not come very soon and i do not see any possibility of it. But a good way for me is that you can sell altcoins if you want by converting to usdt then trading by choosing the best token from binance or kucoin.

Wildwest

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Now is not the right time to invest in a new project, and your current decision is very right because you have converted your coins to potential altcoins and will remain afloat for the foreseeable future, and in investing we have to make our own analysis and do not easily believe with others because in the crypto world not all predictions are on target, then the analysis itself is better even if it is not as expected.

Argoo

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Quote from: dhru9 on May 12, 2022, 08:46:59 PM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

In my opinion, it would be more correct to decide at the end of the bull season to convert their tokens not into bitcoin, ethereum and solana, but into stable coins like tether. Now the entire cryptocurrency has fallen in price at least twice and therefore it would be very profitable to buy bitcoin and ethereum that have fallen in price twice for a stable coin.
Although the main task of any trader and in general the holder of cryptocurrency is to buy cryptocurrency at the lowest possible price and sell it at the highest possible price, due to the unpredictability of prices in this market, few of us succeed.

Topic: Smart decision I made toward the end of the bull run - page 3. (Read 827 times)