The mentality of an average wannabe investor

Lanatsa

hero member

Activity: 2968

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Quote from: Oceat on March 09, 2019, 12:21:21 PM

Quote from: Oasisman on March 09, 2019, 03:50:23 AM

Quote from: GregH37 on March 09, 2019, 02:11:48 AM

I have come to realize that so many people who go into investment do not even know what investment is.
They just want a quick way to make money.

The main reason why a lot of people gets easily bothered and worried during bearish season. Its more like they're following a trend without analyzing how the market works. Im sick of seeing negative posts like " Bitcoin is going to die" or "it wont recover, it'll gradually decrease in value and die on the latter." Lol. I hate to say it, but theres a numerous of people in cryptospace whos looking to get rich overnight, and I feel sorry for them because it will never be as easy as what they think.

Those people think that investing is just like betting a lottery that would one day they would hit the jackpot in a single day. What kind of mindset is that? Most successful businessmen were working their ass out just to get what they want and look at them right now, they were on the top. They've all experienced the hardship in life and these new average wannabe investors want to quickly gain about of their investments? They must be joking!

Might be a joke but these kind of people do really exist where they do like to gain on the easiest way as possible because anyone doesnt really like to work hard to succeed and not to deny
that each person do really like such thing but these wont really able to achieved if you have done nothing thats why we can really see the difference for those people who do put effort and work smart
compared to those who do just rely on luck.

erikoy

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Activity: 686

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Taking risk is one way to earn here. Yeah ot could be terrifying sometimes when you invest on bitcoin at terrifying market condition. You would not know how hard it is to invest in uncertainty. Probably only few risk takers and those investors with guts had made it to earn huge than those who had somw fears and uncertaim about the system.

playboy654

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Activity: 546

Merit: 32

I think each and every investors had a different opinion and different view about this field this kind of thing will not happen to any other field approaching every people as the same but when comes to cryptocurrency field it could give a different kind of profit for everyone it could be more higher or more less then we expected so the average people will definitely in the middle of this position.

Hivalley

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Activity: 210

Merit: 19

So many have missed out on the opportunity to make money through the bitcoin simply because they are scared and undecided, they do not know what to believe, whether it's a bubble it if it's indeed real,if it'll die or if it'll last forever, they are caught between what the outsiders say, that for anyone to invest in the bitcoin, such individual must be delusional etc
As a result of this, they are unable to take the bike step and are always caught in the middle of a bull run, the same trend will continue for them until they start believing

Kiweikoo

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Activity: 1036

Merit: 500

Quote from: Incodium Coin on March 06, 2019, 08:49:01 PM

Wannabe investors? Get in, do what you can to get a quick windfall, get out fast. Oh, and at the slightest sign of trouble, they sell out and move on. This kills markets, all kinds of markets, not just the crypto mkt. Speculators have a negative effect, they live on the wild swings in the value of crypto.

That’s it, I think they are just impatient and do not really have the mindset of true investors, going in and getting out fast at a very little fall is seriously dangerous to the market. They start spreading negative rumors that can have negative impact on the market. I think people should be thoroughly enlightened about investment before they are made to commit their money.

TIDOVEE

sr. member

Activity: 1246

Merit: 255

I knew bitcoin late 2016. But I was only hearing about it. I never knew how meaningful it was.
At a point, I thought it was a ponzi scheme.
Until I saw someone who could explain the processes to me. Infact I'm really thanking God I took Interest in it, because I wouldn't have been able to pick up Interest agsin if it was during bear market..

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: Oasisman on March 09, 2019, 03:50:23 AM

Quote from: GregH37 on March 09, 2019, 02:11:48 AM

I have come to realize that so many people who go into investment do not even know what investment is.
They just want a quick way to make money.

The main reason why a lot of people gets easily bothered and worried during bearish season. Its more like they're following a trend without analyzing how the market works. Im sick of seeing negative posts like " Bitcoin is going to die" or "it wont recover, it'll gradually decrease in value and die on the latter." Lol. I hate to say it, but theres a numerous of people in cryptospace whos looking to get rich overnight, and I feel sorry for them because it will never be as easy as what they think.

Those people think that investing is just like betting a lottery that would one day they would hit the jackpot in a single day. What kind of mindset is that? Most successful businessmen were working their ass out just to get what they want and look at them right now, they were on the top. They've all experienced the hardship in life and these new average wannabe investors want to quickly gain about of their investments? They must be joking!

deisik

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Quote from: BitHodler on March 07, 2019, 10:26:36 AM

I no longer invest in shitcoins. It's just not worth it anymore. I currently hold 90% Bitcoin and 10% Ethereum which is more than enough for me. Both have an extremely strong network effect. No other coins have that

Litecoin seems to be a real deal

In fact, it has always been so once Bitcoin started to gain momentum, which happened in early 2017. Can't say anything bad about Bitcoin itself (in fact, it is now a financially worthy choice if you have to choose between fiat and crypto), but Ethereum is a vehicle for driving scam projects, for what it's worth. If you are to speculate with it, then that's definitely okay (as I myself am shorting it now), but for long-term investment (read, bag holding) it doesn't look like a rational choice (but I'm curious how you would describe shorts in your portfolio)

ethereumhunter

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Quote from: goaldigger on March 09, 2019, 03:36:15 AM

Quote from: coolcoinz on December 09, 2018, 07:41:56 PM

The average investor is always on the loss, because he's always angry and negative.

I will agree on this one. Newbies panics most of the time because they are still not used to high volatility of the prices. Only the ones who have strong heart survives. Lucky for them if they will go back after and realizes their mistakes. Investing in crypto is hard you should be prepared before comming in.

So we need to make sure that we are one of the lucky investors because we can learn from their mistake. Many investors disappointed because of the market still on the bear market, but they cannot do anything except following the market only. They invest some money to make a profit, but unfortunately, that will not always happen in the crypto market. They should know that, and they should have a control for their money because if it's not, then they cannot make the profit.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: GregH37 on March 09, 2019, 02:11:48 AM

I have come to realize that so many people who go into investment do not even know what investment is.
They just want a quick way to make money.

The main reason why a lot of people gets easily bothered and worried during bearish season. Its more like they're following a trend without analyzing how the market works. Im sick of seeing negative posts like " Bitcoin is going to die" or "it wont recover, it'll gradually decrease in value and die on the latter." Lol. I hate to say it, but theres a numerous of people in cryptospace whos looking to get rich overnight, and I feel sorry for them because it will never be as easy as what they think.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: goaldigger on March 09, 2019, 03:36:15 AM

Quote from: coolcoinz on December 09, 2018, 07:41:56 PM

The average investor is always on the loss, because he's always angry and negative.

I will agree on this one. Newbies panics most of the time because they are still not used to high volatility of the prices. Only the ones who have strong heart survives. Lucky for them if they will go back after and realizes their mistakes. Investing in crypto is hard you should be prepared before comming in.

The guy above says average investor . he didnt say newbies . an average investor is better than a newbie because he is already familliar on who crypto investing works but if he still loose , then that is already his fault because he maybe ignorant or greedy . but for a newbie one , it okay for them to loose because they are still grasping the basics on how to invest on cryptos . soon they still improve because they can learn from their mistakes .

goaldigger

sr. member

Activity: 2422

Merit: 357

Quote from: coolcoinz on December 09, 2018, 07:41:56 PM

The average investor is always on the loss, because he's always angry and negative.

I will agree on this one. Newbies panics most of the time because they are still not used to high volatility of the prices. Only the ones who have strong heart survives. Lucky for them if they will go back after and realizes their mistakes. Investing in crypto is hard you should be prepared before comming in.

GregH37

legendary

Activity: 1302

Merit: 1037

I have come to realize that so many people who go into investment do not even know what investment is.
They just want a quick way to make money. This is not only applicable to Bitcoin but the stock market generally.

You see how investors or those intending to invest complain that the market is high and not able to buy and once the market is down they start to complain. And one question is always ask is why can’t they understand that they are able to enjoy the market when it was high because they bought at a lower price ?

So why not take advantage of it again when its low to buy more but because of the little they already have, they just want to see it grow not considering that others would be coming in that period.

gowobonyok

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Activity: 490

Merit: 2

be a smart investor, yes we do admit that bitcoin is not real, intangible, and even has no use at all. but we see it even for the next 5-10 years, that bitcoin will definitely have uses. and the value for this time, bitcoin will continue to show an increase.

Bijikopi

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Activity: 232

Merit: 11

Quote from: Dimon8 on December 10, 2018, 04:15:41 AM

I learned about Bitcoin in 2013, but then, unfortunately, I did not believe in it. I created my investment portfolio in September 2018, at the moment all my coins show minuses, but I don’t regret because I firmly believe that the time will come when my portfolio shows XXX.

that's the true mentality of traders, not giving up is always positive. because there is no success without hard work, so being a bitcoin investor should have an advanced mind, we always believe that bitcoin in the future will become a global currency.

Huskarls

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Activity: 364

Merit: 10

Quote from: coolcoinz on December 09, 2018, 07:41:56 PM

The average investor is always on the loss, because he's always angry and negative.
When it's going up, he doesn't buy and says: why would I buy something that went up by 500% last month? It's clearly a bubble!
When it's going down, he also doesn't buy: why would I buy something that is worth 30% of what it was? It's clearly dying!

I'm sure that less than 10% of the people around you knew about Bitcoin in 2017 and had the opportunity to buy. Less than 0.5% actually bought. Out of those, most sold at a loss and didn't make any money, or lost the coins at scams, casinos, hacked exchanges, ICOs.
If your coins have more value now then at the time of buying, you can be proud. You're among the elite!

investors also need to analyze whether they have to enter the coin, it will be very bad even when a coin that is currently falling 30% of the previous price, then invest in the hope that one day it will be able to rise again.

whirlcoin

full member

Activity: 602

Merit: 111

What amount of people will enter into this field by seeing the development of 2017 end but it not been stable for at least few months it will fail a huge drop in very short time that's why we can face a difficult situation right now so I think the mentality of an investor will not been in a good situation at this moment.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

Lol, more like pot (fiat users) calling kettle (Bitcoin users) black. I have seen lots of people making the same mistake by calling Bitcoin fake/scam money and refusing to touch it while encouraging others to use the so called real money - fiat/physical money,

Where I live people are even careful about mentioning the word on local forums/social media in order not to get banned or arrested.

Xampeuu

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Quote from: sarfield on March 07, 2019, 10:15:27 PM

Quote from: onrise on March 07, 2019, 09:26:46 PM

Quote from: Bitcoin-Turkiye on March 07, 2019, 02:30:23 PM

this last 1 year has been very negative for the crypto market. and a lot of people were despaired.. but now there is a slow recovery, slow but steady rise!! For new investors to enter, this should be.. ( People who are now smart are collecting bitcoins from these prices. )

The market has being on a low since 2018 and this has being the problem that due to which many investors have either for now stayed away from the investment and looking for the bull run to begin so that they can start investing .

We must realize that the market is slow and investors are away from investing, this makes many desperate and want a new start. Looking at the current situation, the market movement is slow and still up and down which is not too sharp but looks stable. There is still good hope that the market will continue to move well.

indeed we do not easily panic against the market. when of course collecting cheap coins without a doubt is the right action. Don't be pessimistic about waiting for a bullish market, because I'm sure the market will return to its position

sarfield

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Activity: 588

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Quote from: onrise on March 07, 2019, 09:26:46 PM

Quote from: Bitcoin-Turkiye on March 07, 2019, 02:30:23 PM

this last 1 year has been very negative for the crypto market. and a lot of people were despaired.. but now there is a slow recovery, slow but steady rise!! For new investors to enter, this should be.. ( People who are now smart are collecting bitcoins from these prices. )

The market has being on a low since 2018 and this has being the problem that due to which many investors have either for now stayed away from the investment and looking for the bull run to begin so that they can start investing .

We must realize that the market is slow and investors are away from investing, this makes many desperate and want a new start. Looking at the current situation, the market movement is slow and still up and down which is not too sharp but looks stable. There is still good hope that the market will continue to move well.

Topic: The mentality of an average wannabe investor (Read 1031 times)