stick to the same option or switch to another option?

cahbagus555

member

Activity: 756

Merit: 12

The fact that cryptocurrency is not a Ponzi scheme has long been understood. So can think only those people who foolishly lost money here and they blame this cryptocurrency.

I agree that the cryptocurrency market is not a ponzi scheme. Crypto is an investment market similar to other markets such as stocks. The difference is that in the cryptocurrency market, investors from various countries can invest more easily because it is global

Kvalentine

member

Activity: 504

Merit: 25

Learning takes time, newbies lack the patience to learn first before investing that is why they fall for scams, researches is not 100% going to safe you but it will still safe you from some stupid mistakes, crypto is far from ponzi scheme and only scammers are making the technology look bad

jcarlo

member

Activity: 798

Merit: 10

Quote from: IvugeoEvolutionCoin on October 24, 2019, 03:48:49 PM

Quote from: Patrix_1 on October 24, 2019, 09:05:25 AM

In my opinion, the best opportunity at the moment is to collect perspective tokens, even if they are not going to be listed directly. Within several years, such projects may shot to the moon and you will be glad that invested some money into them years ago.

I respect your opinion but the most challenging issue is how to know the right projects to hold their coins for years (long term). Sometimes you hold some coins and they become extinct with no trading activity, I have a few of them and I've learnt from experience. Just holding coins and forgetting about them for years is not enough, you need to do constant research on other coins, if the ones you hold are not really doing well especially with project development, you switch to others, it's that simple.

So far it's difficult to determine which altcoin is good for the long term. But if we look at transaction volume and liquidity, I think the top 10 coinmarketcap is a pretty rational choice

Drai

sr. member

Activity: 567

Merit: 270

The Cryptocurrency market is very volatile and ways to earn are also very volatile, in the past we have seen many earning methods come and go and below are some of them:

Lending Coins
ICO
IEO

And some things has been constant no matter how the market changes, things like:

Trading
Hodling

We just have to learn to go with the flow, adapt when a new thing comes along and is doing well, get in on time but don't out all your money in one place, mix it up with something constant like trading or Dynamic Hodling.

IvugeoEvolutionCoin

sr. member

Activity: 952

Merit: 267

Vave.com - Crypto Casino

Quote from: Patrix_1 on October 24, 2019, 09:05:25 AM

In my opinion, the best opportunity at the moment is to collect perspective tokens, even if they are not going to be listed directly. Within several years, such projects may shot to the moon and you will be glad that invested some money into them years ago.

I respect your opinion but the most challenging issue is how to know the right projects to hold their coins for years (long term). Sometimes you hold some coins and they become extinct with no trading activity, I have a few of them and I've learnt from experience. Just holding coins and forgetting about them for years is not enough, you need to do constant research on other coins, if the ones you hold are not really doing well especially with project development, you switch to others, it's that simple.

10c

full member

Activity: 658

Merit: 100

BuyAnyLight - Blockchain LED Marketplace

Quote from: HabiebRiziq on October 24, 2019, 01:57:54 PM

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

All of course requires a process, everyone can not benefit quickly without the process, they must have learned or understood how to do it right and not in a hurry in making decisions. Most people who invest in crypto, want quick profits without making observations about the coins they invest so when the coins they invest fall, they will be confused because they have no preparation or have other plans.

only hamsters doing this. such people come to the market and leave it. they will always exist because it is impossible to teach everyone to use their brains correctly

stephanirain

sr. member

Activity: 756

Merit: 257

Freshdice.com

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

Many investors only focus on the profit and it is not healthy in the long run. Making rush and short decisions just to meet the ends or reduce losses will not benefit anyone even yourself. If your emotions can be easily swayed by the market changes, you won't last in the industry. You need to understand that risks are always there and the market changes are the permanent things to observe here. As much as possible, think of the greater picture or the long term outcome of every decision.

HabiebRiziq

sr. member

Activity: 966

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

All of course requires a process, everyone can not benefit quickly without the process, they must have learned or understood how to do it right and not in a hurry in making decisions. Most people who invest in crypto, want quick profits without making observations about the coins they invest so when the coins they invest fall, they will be confused because they have no preparation or have other plans.

sapnu

sr. member

Activity: 1050

Merit: 286

Quote from: tenakha on October 22, 2019, 04:28:48 PM

Quote from: Drai on October 22, 2019, 03:51:44 PM

The Cryptocurrency space is ever-evolving and we have to learn how to adapt, in 2017 the best way to earn was to buy and hold, in early 2018, it was ICOs and in 2019, it was IEOs, the next one is coming soon, learn to join the train early and adapt.

Indeed, if you are busy with trade, you may not continue with the "trend". There is always the same tactic: buy from dip, sell from high. Just, you should always have your own trading strategy that makes you successful. And think of these steps like this: first, it is straight, afterward as time goes by it starts to branch, finally you eat the fruits from these branches.

It depends on you. Maybe if you can learn on that technique you should stick to that because if you switch to another way of earning, you are starting with different learning you have, you need to study again before to switch first. But if you are good with that and the only reason for you to switch is the market's condition, maybe you should stick to that. But if you have some knowledge of the other technique you want why not to do it right. It is depending on your decision, just make sure that your money is well used or you have a better plan when you switch technique because you are the one who will lose if you mistakenly invest or trade it without studying first. Learn and study first, that is the best option you should do before shifting. But for me, I recommend that you should wait for the market to recover, dumping is normal.

Patrix_1

member

Activity: 364

Merit: 10

In my opinion, the best opportunity at the moment is to collect perspective tokens, even if they are not going to be listed directly. Within several years, such projects may shot to the moon and you will be glad that invested some money into them years ago.

Bonwin

member

Activity: 798

Merit: 38

When you do not have direction to where you are going, you can easily make mistake. Most times, people are influenced to sell or dump when the time is not right. So they have no other option than to just go by what people are saying. If they can stand on their own and make decision by themselves, it would have been better.

republicrypto

sr. member

Activity: 1414

Merit: 252

Keep it Simple guys :)

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

crypto market is very volatile y friend, thats why people who can take advantage in this volatility market, they will get enough profit in short time, and vice versa,,
so, before somebody wan to drop their money in this industry, they must learning about this industry before earn
regards

tenakha

hero member

Activity: 1470

Merit: 509

Quote from: Drai on October 22, 2019, 03:51:44 PM

The Cryptocurrency space is ever evolving and we have to learn how to adapt, in 2017 the best way to earn was to buy and hodl, in early 2018, it was ICOs and in 2019, it was IEOs, the next one is coming soon, learn to join the train early and adapt.

Indeed, if you are busy with trade, you may not continue with the "trend". There is always the same tactic: buy from dip, sell from high. Just, you should always have your own trading strategy that makes you successful. And think of these steps like this: first it is straight, afterwards as time goes by it starts to branch, finally you eat the fruits from this branches.

Drai

sr. member

Activity: 567

Merit: 270

The Cryptocurrency space is ever evolving and we have to learn how to adapt, in 2017 the best way to earn was to buy and hodl, in early 2018, it was ICOs and in 2019, it was IEOs, the next one is coming soon, learn to join the train early and adapt.

Tungsten-1

sr. member

Activity: 994

Merit: 256

Quote from: BlackFor3st on October 20, 2019, 11:44:03 PM

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

It cannot be considered as ponzi scheme as you cannot earn easy money in crypto currencies if you don't have the skills that is needed to get a profit from it.

There is no quick profits in crypto, in crypto if you are trading then you need some time before you can earn a profit from your capital. And if you are a marketer, you need a client to earn a profit and if you are a project owner you need to create a solid project that will succeed to reach your softcap. There is no shortcut to everything, you need to work for it.

Yes achievement of anything in this world always has some cost which a person have to pay in order to get that achievement, like for earning money one has to pay its cost which is time and hard-work, nothing is free in this world.
Like in crypto one have to do hard-work and he must give his time as well as skills and knowledge matter very much, so short- cut does not work here which means crypto is not a Ponzi scheme.

pakdemaco11

member

Activity: 249

Merit: 10

NeedforTurbo https://needforturbo.com/

Many beginners in crypto assume that crypto gets rich easily but they are wrong. Yes, you really stand strong in crypto is the key to becoming rich.

doomistake

hero member

Activity: 1400

Merit: 571

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

Yes, cryptocurrency is included in ponzi schemes, but don't come up to conclusion that it could make you rich, scammers are just using the reputation of cryptocurrency to make it convincing to the crowd. The real Cryptocurrency doesn't have any of characteristics that a Ponzi Scheme has, and there's no people included in it, just Cryptocurrency itself, alone, that will gives you profit in the long run.

You could be rich overnight in cryptocurrency, but it will take some time before that "overnight" comes.

TGD

hero member

Activity: 1288

Merit: 620

Wen Rolex?

Quote from: Plinteng on October 21, 2019, 06:37:04 AM

if it's a choice, maybe I will use the current options such as holding on to bitcoin and altcoin BNB investments. I do not dare to take risks by diverting investment in any project. but sometimes I try to change the second option by trading using small capital, so I don't worry if I lose trading using small capital, this is the beginning of learning.

We must learn to follow the trend and adopt new solution in some problems in every scenarios like in trading if the market is in good shape, but this time it's better to hold, paly safe since the market is still recovering. There is no choice but to wait and try to earn even a little in trading. Using our skills by studying the market. There is no other way now done to be smart in avoiding ponzi schemes and projects offering fast easy money.

Plinteng

jr. member

Activity: 286

Merit: 3

https://goldeth.io/

if it's a choice, maybe I will use the current options such as holding on to bitcoin and altcoin BNB investments. I do not dare to take risks by diverting investment in any project. but sometimes I try to change the second option by trading using small capital, so I don't worry if I lose trading using small capital, this is the beginning of learning.

Kersh768

sr. member

Activity: 658

Merit: 256

Freshdice.com

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

Nothing's new here. The new ones would always go for easy profit. They are simply lacking awareness of what cryptos really are. They are depending on their impressions about cryptos especially as an investment. They are expecting that investing to popular cryptos would always result to profit. But the reality is the total opposite. Cryptos are naturally volatile and as we can see, there's a bigger chance to lose profit than to earn. Not to mention scam projects which are scattered in the market. This simply implies that they should be observant first before engaging into any activity in cryptoworld.

Topic: stick to the same option or switch to another option? (Read 811 times)