Why 20% profit in crypto is TERRIBLE.

EdenHazard

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Quote from: cocoadreamboy on August 15, 2019, 10:09:51 PM

Quote from: Saltius on August 15, 2019, 09:51:58 PM

I'd say good.
I've seen quite a few people got rekt and a -90% profit due to greedy.

It’s not greedy in crypto to expect 2x.... it’s greedy to expect 10x NOW, 2017 not so much lol

Crypto is too risky to expect 20%. Too many traps, too dangerous. If you want 20% value invest in the us stock market.

You dont do crypto to get peanuts. You do crypto to multiply.

That's sounds very crytpo to me lol .. but here the problem from my point of view :

- people tend to speculative when it comes to crypto investment / trading that's why most people here make an insane target like 500% to even 2000% , why? Because they have experienced it in the past and willing to repeat the same thing over and over again. It could happened but yes that's so speculative.

- timing is they key , and it's smells about luck or not. I mean making an investment on crypto at the right time might get you a 300% easily and guess (honestly i experienced it a couple times) it feel like things that happened to me is 30% my analysis skills and the rest of it just luck , don't ya?

Strike a balance between skills and luck is needed , otherwise ... getting 5% to 10% daily or 100% to 150% in the long term isn't bad at all, cheers!

cocoadreamboy

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Greed will destroy your ability to think correctly in crypto. You have to think with numbers in all types of investing.

barbara44

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Quote from: Saltius on August 15, 2019, 09:51:58 PM

I'd say good.
I've seen quite a few people got rekt and a -90% profit due to greedy.

That is exactly the greed that usually do people, same greed that affected me when the price of bitcoin got to $13800, I knew that the increase was not the type that would be heading to bull run, and when my coin grew from $7000 to $13800, my instinct told me to sell off and then probably buy back at a cheaper rate when it dumps, but I was waiting for bitcoin to reach $15k before I pull out the money.

Was the profit between $7k and $13 not enough for me to have pulled out? That was how bitcoin drastically dropped now, and if I had sold at that time and taking the percentage increase, I would probably have bought back when the price dropped to $8k and then have more of bitcoin in my account now. So we really need to learn to stop being greedy on crypto trades.

maydna

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Quote from: Bitcoin Seller on August 15, 2019, 02:31:07 PM

Quote from: maydna on August 11, 2019, 01:37:25 AM

It's better to take 20% of the profit than never, and we can repeat to get those percentage many times than to try to get 1000%, but we need to wait for a long time. Maybe that will work for some investor, but for me, I prefer to get any profit without having to wait for a long time because of the cryptocurrency market cannot be predicted. But that will depend on every people strategy on how much percentage they are willing to take and as long as they can succeed to reach the target.

Now, 20% profit is very good, especially if you invest a lot. Suppose, you buy Bitcoin spending 20 thousand. Will 4 thousand be a bad award? No way. Cryptocurrencies profits cannot be compared with the awards (if they can be called like that) got for sharing guns and drugs. Cryptocurrencies will live always, and it is worth working with them for sure.

I agree with you. It depends on how much money we use to invest so we can calculate how much profit we want to get. That is not a problem if we cannot make a big profit in one-time because we have so many times to make more and more profit in the future. With the fluctuated of the crypto market, I think we can have a chance to see the low price and the high price every day, weeks, months so we can try to make a bigger profit too. Don't be jealous of other people who can make a thousand dollars every time they trade because we don't know how much balance they used for trading.

cocoadreamboy

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Quote from: Saltius on August 15, 2019, 09:51:58 PM

I'd say good.
I've seen quite a few people got rekt and a -90% profit due to greedy.

It’s not greedy in crypto to expect 2x.... it’s greedy to expect 10x NOW, 2017 not so much lol

Crypto is too risky to expect 20%. Too many traps, too dangerous. If you want 20% value invest in the us stock market.

You dont do crypto to get peanuts. You do crypto to multiply.

Saltius

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I'd say good.
I've seen quite a few people got rekt and a -90% profit due to greedy.

cocoadreamboy

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Quote from: Herbet Fry on August 15, 2019, 06:01:47 PM

How did you go from 800 to 350k

I think any profit is a good profit. 20% is amazing, imagine if you lost money. Staying at 0% is not bad it just means you made nothing. anything over 0% is in the green anything more is just a bonus.
Rather make slow steady amounts of crypto then dive right in and try whale your way around.

800 to 350k was insight and quite a bit of luck. Not gonna lie I was a little scamp 3 years ago lol.

But 20% is good in stocks. 20% in crypto can be dissolved in a day, it’s not good it is luck.

In crypto if you’re invested right 20% down is also nothing.

Crypto is about multiplication. It’s about being in at the right time and OUT at the right time Wink

Aaron

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Herbet Fry

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●Social Crypto Trading●

How did you go from 800 to 350k?

Quote from: mazdafunsun on August 14, 2019, 07:44:10 AM

I dont agree with you ,20% is a very nice profit.
It depends on the timeframe and amount of your investment .

If you invest 100$ then it feels like nothing, but if you have the guts to invest 1000$ or more and if you take your profit at 20% at small timefram you are a good trader and if you can manage to do it on regular basis, I will take my hat off in front of you, my sir.

I think any profit is a good profit. 20% is amazing, imagine if you lost money. Staying at 0% is not bad it just means you made nothing. anything over 0% is in the green anything more is just a bonus.
Rather make slow steady amounts of crypto then dive right in and try whale your way around.

Bitcoin Seller

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Quote from: maydna on August 11, 2019, 01:37:25 AM

It's better to take 20% of the profit than never, and we can repeat to get those percentage many times than to try to get 1000%, but we need to wait for a long time. Maybe that will work for some investor, but for me, I prefer to get any profit without having to wait for a long time because of the cryptocurrency market cannot be predicted. But that will depend on every people strategy on how much percentage they are willing to take and as long as they can succeed to reach the target.

Now, 20% profit is very good, especially if you invest a lot. Suppose, you buy Bitcoin spending 20 thousand. Will 4 thousand be a bad award? No way. Cryptocurrencies profits cannot be compared with the awards (if they can be called like that) got for sharing guns and drugs. Cryptocurrencies will live always, and it is worth working with them for sure.

cocoadreamboy

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Quote from: mazdafunsun on August 14, 2019, 07:44:10 AM

I dont agree with you ,20% is a very nice profit.
It depends on the timeframe and amount of your investment .

If you invest 100$ then it feels like nothing, but if you have the guts to invest 1000$ or more and if you take your profit at 20% at small timefram you are a good trader and if you can manage to do it on regular basis, I will take my hat off in front of you, my sir.

20% in a small timeframe is equivalent to gambling. I’m talking about the people who bought and are buying 10k bitcoin and made 20% IF they sold at 12k. That is completely equivalent to gambling. I don’t gamble. I invest.

mazdafunsun

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I dont agree with you ,20% is a very nice profit.
It depends on the timeframe and amount of your investment .

If you invest 100$ then it feels like nothing, but if you have the guts to invest 1000$ or more and if you take your profit at 20% at small timefram you are a good trader and if you can manage to do it on regular basis, I will take my hat off in front of you, my sir.

cocoadreamboy

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Quote from: Coyster on August 13, 2019, 04:54:42 PM

Quote from: cocoadreamboy on August 13, 2019, 03:25:14 PM

Crypto doesn’t have to be hard or complex. It’s about understanding it.

Can the market really be understood?, up till now I still do not know the reason, or rather the cause of a rise or fall in price, and I guess no one does, except you simply wanna speculate, which i also can afford to do.

You make it sound like its a get rich quick scheme, and it bothers me when I see posts so as this, I understand you're trying to point out the possibility of big profits which we all aspire for, but you're also forgetting big losses which is also another possible factor.
Whether it's a 20% profit or a 2x profit, as long as no loss was incurred, then it's not bad trading at all in my opinion.

Most things can be understood. I simply utilize financial analysis to understand the largest players in the market and identify what they are doing logically. I see the market as heavily manipulated, so that explains the massive swings. The stability at 3300 for all of the winter was because of the creation cost.

If you take the massive risks inherent in crypto to receive a 20% profit is like risking your life to rob a bank and only getting $1000. Yeah it’s profit, but was it worth it? I leave the question to you Wink

It really can be easy. Personally I think it would be hard to build an electric toothbrush, but it is easy to buy one.

Aaron

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Quote from: cocoadreamboy on August 13, 2019, 03:25:14 PM

Crypto doesn’t have to be hard or complex. It’s about understanding it.

Can the market really be understood?, up till now I still do not know the reason, or rather the cause of a rise or fall in price, and I guess no one does, except you simply wanna speculate, which i also can afford to do.

You make it sound like its a get rich quick scheme, and it bothers me when I see posts so as this, I understand you're trying to point out the possibility of big profits which we all aspire for, but you're also forgetting big losses which is also another possible factor.
Whether it's a 20% profit or a 2x profit, as long as no loss was incurred, then it's not bad trading at all in my opinion.

cocoadreamboy

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Quote from: SquallLeonhart on August 13, 2019, 02:31:18 PM

Up till now, do you know that we still have people that believe bitcoin will still go as low as $100?This has been their belief even when bitcoin was at that $100 till right in their presence, it grew to that $13800, and this is going to be more like your own belief also till you miss out of the train, and I don’t know if what you are trying to create with your post is FUD, thinking you could use that to get a cheaper price to buy, but man, it’s too late.

Bitcoin grew from $3000 to $13800, and imagine you saying this then too, I mean asking if we think bitcoin will grow from $3000 to $13800 over night? But here we are, it grew to people’s surprise, and this is the same way it will grow to the surprise of people like you over night and you will still miss out of the train if you do not invest in the current value.

Look at my previous posts. I have been active on here since last year. This new system was designed to make it easy. Bitcoin goes up and then it goes down. Don’t you want to enjoy your life and make a nice 2-3x from simply paying attention. Crypto doesn’t have to be hard or complex. It’s about understanding it.

SquallLeonhart

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Up till now, do you know that we still have people that believe bitcoin will still go as low as $100?This has been their belief even when bitcoin was at that $100 till right in their presence, it grew to that $13800, and this is going to be more like your own belief also till you miss out of the train, and I don’t know if what you are trying to create with your post is FUD, thinking you could use that to get a cheaper price to buy, but man, it’s too late.

Bitcoin grew from $3000 to $13800, and imagine you saying this then too, I mean asking if we think bitcoin will grow from $3000 to $13800 over night? But here we are, it grew to people’s surprise, and this is the same way it will grow to the surprise of people like you over night and you will still miss out of the train if you do not invest in the current value.

cocoadreamboy

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The point of this thread is to say that crypto is too risky to consider 20% a good yearly return. Securitized assets can return 20% bitcoin if handled correctly should return significantly more due to the risk nature of it.

If you want to learn more check out my Crypto Masterclass:

https://www.amsinger.org/information-request

Aaron

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History at all levels, including finance, is cyclical, consisting of repeating phases, with low highs, new peaks and deep falls,
so, yes, BTC, will touch the 20k $ again and I think it will go even further.

maydna

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Quote from: ?? on ??

Any profit in the world of cryptocurrencies. It is already pleasant and normal. I think that 20% of the profit in cryptocurrency thinks that this is bad because most of the profit goes to commissions. Because it happens that you need to earn more. And those who are greedy get nothing at all.

When you can get 20% of the profit, that will be a nice profit because not all people or trader could earn that much. And they still say that it is hard to earn that percentage from cryptocurrency. We need to think about reality. If we cannot get 50% of the profit, then 20% of the profit would be better than nothing at all. It is enough to earn that profit in these situations because I think we will make a bigger profit when the bear market trend is over, and every price in the market can increase higher.

kecha1

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Profit of 20% is also quite good, I do not understand why you think this is something terrible

Abolaji11

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Personally, I think getting a return of investment of 20% in any trade or business is okay. A lot of people lose money because of greed. As long as it is steady, I will be more than happy to get a ROI of 20%.

Topic: Why 20% profit in crypto is TERRIBLE. (Read 6405 times)