To all crypto investment noobs | Bitcointalksearch.org

SquirrelJulietGarden

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Quote from: Skinny48 on May 12, 2021, 06:39:41 AM

let your first aim in crypto investment be getting back your ROI safe and sound before taking any further risks, stop deceiving yourself that this bull season isn't going to end because everything has a ending, take profits and take profits again or live to tell the bad tale later

If you get good profit, please take it then keep your capital safe.
If you get good profit, please make reallocation for your port folio, and don't bet all your profit and capital.
If you want to earn more profit, use the profit you have earned to invest, trade or bet, keep your capital safe.

Newbie mistakes when trying to increase the deposit

Peanutswar

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This depends on your strategy own strategy. This is why we need to keep ourselves updated about the news of the coin we have, check the market graph, and identify the technical analysis to guide the upcoming trend of the market. Investment in the market depends on your risk toleration; not all the time the market is green and good for profit; there's a time for the bearish trend. Still, until now, we don't know this all depends on the whales; if they are tired, they can easily manipulate the market, and again no one wants to lose their assets, so the best thing is to keep your decision up. Are you going to sell or hold depends on you at the end of the day.

cabron

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You don't have to secure your capital if you are cautious enough not to spend more than you can afford. So just invest the money you could think that is already put in a risky situation and when you do that you won't have to keep cashing out but just wait because the market can still be considered new. Invest today because you are still an early investor of crypto.

libert19

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I took my profits when eth reached $2k, bruh that was great decision Roll Eyes

Oceat

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Quote from: Skinny48 on May 12, 2021, 06:39:41 AM

This is a quick warning that have been said many times already but we keep getting newbies on the forum everyday now so let your first aim in crypto investment be getting back your ROI safe and sound before taking any further risks, stop deceiving yourself that this bull season isn't going to end because everything has a ending, take profits and take profits again or live to tell the bad tale later

It may end the bull market but it will definitely gonna get back again somehow but the real question for now is, when will this bull run gonna end? I think most of these newbies knew what is FUD and if those FUDs are spreading like wildfire then that is definitely the signal that Bitcoin price will plummet soon.

But in my experience most of these FUDs are temporary since no FUD last forever.
And first of all when someone is investing on to something especially in Bitcoin they should know first what they were invested or do your own research so you will increase your chances of not losing everything your investment eventually. Learn how to manage risk and you will surely gonna enjoy making profit but of course if you are good in trading you will gonna enjoy it. Cool

Raflesia

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Quote from: slackovic on May 14, 2021, 03:11:35 AM

You can warn newbies about investing into shitcoins all you want, but all they see is that Ethereum made x5 from the beginning of this year and Shiba made x1000 in two months. All explanation stops there because they won't listen. And that's why I stopped trying.

What do you expect from shitcoin if you only want a bigger return even though it was only sweet in the beginning after they launched it and obviously this will fall when it is at the top believing the best investment is not from shitcoin.
In fact, I have warned a lot of close friends to stay away if they are still nagging then it will be a risk because no one knows whether shitcoin investing will grow wealth instantly? certainly not.
Many noobs go wrong when shitcoin is over the pump.

sapnu

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Quote from: Skinny48 on May 12, 2021, 06:39:41 AM

This is a quick warning that have been said many times already but we keep getting newbies on the forum everyday now so let your first aim in crypto investment be getting back your ROI safe and sound before taking any further risks, stop deceiving yourself that this bull season isn't going to end because everything has a ending, take profits and take profits again or live to tell the bad tale later

It would be best if we would advice the newbies first about the first few steps they need to take in order for them to avoid making mistakes as they start investing. Let us start by reminding them how important researching about a certain coin is and how they can avoid getting scammed or how they can be familiarized on what scammers look like. Next, we can advice to them one of the most essential attributes that a crypto investor should have which is patience. Make them realize the importance knowing when to hold and when to sell so that they can make profits than losses here in the market.

slackovic

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You can warn newbies about investing into shitcoins all you want, but all they see is that Ethereum made x5 from the beginning of this year and Shiba made x1000 in two months. All explanation stops there because they won't listen. And that's why I stopped trying.

boyptc

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It is a certain thing that everything has to end and this won't exempt the bull run that we're having. While everyone is partying with all of the meme kind of coins and hoping that they'll receive thousand times of their money.

Those who can look at their portfolio in profits should take their share while they can see it profitable and above to the buying price they had.

Rengga Jati

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Holder and traders have different strategy in taking profits and also time for holding the coins. So, we cannot blame each other.
But, if we are a trader, yes, we must habe certain target daily or in the short period olfor taking profits. Taking profits and then using it to trade again is very common strategy, sometimes we also need to use CL in order to minimize loss if we are an active trader, but it is not based on panic devision. Everyone has their own strategy andit may not fit to anyone else. So, every strategy or suggestion is just for consideration from others, not as a final decision to follow.

Insanerman

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Quote from: Skinny48 on May 12, 2021, 06:39:41 AM

This is a quick warning that have been said many times already but we keep getting newbies on the forum everyday now so let your first aim in crypto investment be getting back your ROI safe and sound before taking any further risks, stop deceiving yourself that this bull season isn't going to end because everything has a ending, take profits and take profits again or live to tell the bad tale later

You cannot really blame newbies if they don't know anything with crypto and be feared of missing out due to tons of online influencers and social media posts saying that crypto is the new way to earn huge money. I've also seen a lot of posts in social media platforms and articles that mostly promotes people to try crypto with their earnings being indicated without really educating them with the risks involved in it. Hence, newbies will still come and invest money without doing their own research and it is a common thing since 2017 crypto bull run. I mean even I myself tried the same yet that is I guess would really be part of all crypto investors. Knowledge earned because you lose is still a lessoned learned right?

Welsh

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If you have balls of steel, and accept that you could lose every last penny that you invest in Bitcoin then statistically Bitcoin has only ever gone up, even after having some pretty major crashes. As long as you follow the advice given when investing in anything, or gambling on anything. Only invest what you can afford to lose. Don't go in to debt, and just enjoy the ride. Definitely don't treat it as a get rich fast scheme, because its not for the vast majority of us.

The Cryptovator

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The question still exists when will the bull run end? Since we don't know the correct answer, so always newbies will lose funds during the sudden dump. Mostly it happens due to panic. Panic sellers make the crypto market panic. Anyway, I am one of them who always tries to take profits from the bull markets. I don't care about the profit margin either it's small or big. Because I lost a lot during 2017 bull runs due to un-experience. So I have not been repeating the same mistakes. And of course, I do not regret even price pump after selling my holding. Because I sold for my need.

However, it would better if newbies take profit from the market and reinvest again during the bear market. But the process isn't too easy that we are saying now. Giving suggestions to others is easy, but following ourselves isn't too easy.

$crypto$

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We have to make the right conclusions where the profits that can be obtained to secure capital is a good thing, as now we don't know whether there will be a day or not, what is clear is that when the glory occurs in the market there will certainly be an ebb, especially this is a crypto market that is so fast In short fluctuations, we always think about the ROI that we want to get, but in fact, it is indeed difficult, we can only take sufficient profits and we do not interfere with the initial capital invested so we can conclude where the layout is in its management.
We are aware that everyone can make mistakes in this regard but I am sure those who are more disciplined will accept the good things going forward with an interesting story in the crypto trade.

sujonali1819

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Good Advice for the newbies. It actually not only for newbies but also for all the traders. Yes, this bull run will must be ended one day (provably very soon), and start again the bear market like 2018-2020. Btc already started to see a barrier at $60,000. It's fail again and again from this zone. Also some big investor/richest man (ex. Elon musk) trying to manipulate the market.

So before starting bear market completely traders should take the profit to ensure that they are not doing mistake again like 2017-18 bull run Grin

Smartvirus

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Quote from: Skinny48 on May 12, 2021, 06:39:41 AM

let your first aim in crypto investment be getting back your ROI safe and sound before taking any further risks, stop deceiving yourself that this bull season isn't going to end because everything has a ending, take profits and take profits again or live to tell the bad tale later

I don't know where you got this and it might work for you but, its not very much the best of strategies for me. Hodlers of established coins often have only interesting an enlighten tails to tell. As coins though might have some bad days, the good days where the bulls will surge are always ahead and lasts more.

Quote from: Taskford on May 12, 2021, 07:31:43 AM

Securing your capital first is the most ideal thing you need to do when you are in trading or other type of investment scheme, the profit must be roll so that if something happens you will not get hurt badly since thats your profit

Yeah, its more like it as, your trading volume now is more of the gains you've got from the market so, its more like a trading with capital gains. Though, it all depends on you as a trader though, you ought to choose the strategies more suitable for you, the strategy that keeps your mind at peace and your emotions in cheek.

Taskford

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Quote from: Skinny48 on May 12, 2021, 06:39:41 AM

This is a quick warning that have been said many times already but we keep getting newbies on the forum everyday now so let your first aim in crypto investment be getting back your ROI safe and sound before taking any further risks, stop deceiving yourself that this bull season isn't going to end because everything has a ending, take profits and take profits again or live to tell the bad tale later

Securing your capital first is the most ideal thing you need to do when you are in trading or other type of investment scheme, the profit must be roll so that if something happens you will not get hurt badly since thats your profit and you can bounce back since you have still money to use for second attempt of your investment.

Skinny48

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This is a quick warning that have been said many times already but we keep getting newbies on the forum everyday now so let your first aim in crypto investment be getting back your ROI safe and sound before taking any further risks, stop deceiving yourself that this bull season isn't going to end because everything has a ending, take profits and take profits again or live to tell the bad tale later

Topic: To all crypto investment noobs (Read 189 times)