Topic: Why 20% profit in crypto is TERRIBLE. - page 2. (Read 6405 times)

In the crypto spcae, return on investments are what keeps investors more concerned and interested in taking key roles nad keeping big bags of coins/tokens which in turn earns them the title of 'whales'. The profit or return on investment in crypto can go from one percent to one million percent in a very short time depending on certain factors put up by the project and also their tokenomics. 20% of profit is achievable on a project whose use case is already in high demand and also welcomed and keeps to its roadmap delivery to the users.

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and has this: https://www.amsinger.org/subscription-plans

Crypto exists as a highly volatile, and heavily manipulated commodity. Just in the past 7 months bitcoin has gone from $3,300 to $13,800 and is currently at $11,350. If during all that time you have only made a 20% profit you are a terrible crypto investor.

Crypto is not a governmentally regulated security. It is a high risk, high reward. When you invest in crypto you are putting your money at high risk, there is no FDIC backing your deposit, there is no SEC investigating the earnings reports, you could even lose the private key and lose your money forever. Which is why, when I invest in crypto I expect at least a 2X return with expectation of 3X-4X returns.

In no other investment has it been possible to expect such a return of 4X within a year. That is what makes bitcoin and crypto special. It is high risk high REWARD.

The problem is, crypto is new. People don’t understand what it is. People don’t know how to measure it, quantify it, capitalize on it. Crypto is for most, a mystical “digital money” that sometimes is 20k and other times it is 3k.

I started my crypto journey with $800 of severance from my last regular job. Over 2016 that $800 turned into $30,000. Over 2017, that $30,000 changed to $250,000, and I made plenty of stupid mistakes. 2018 was a cold year. It was a learning year. I spent most of my time developing my metrics and honing my understanding.

In my experience crypto is for multiplying money not for gaining percentages. By understanding the speculation in the market, understanding how much it costs to make a bitcoin, and selling or buying slowly with purpose and patience anyone can multiply their investment. It took 4.5 months to go from $3,300 to $13,800.

I made my site and my metrics in order for people to understand what they are investing in. So they could buy when its $3,300 and sell when its $13,800, and understand what they are doing and know what they are buying and selling.

I caution against purchasing $11,350 bitcoin by asking these questions.
What do you expect from it?
Do you expect bitcoin to go to 20K magically?
Is it a bad idea to be patient right now?

Check out my site, take my masterclass, see what I’m working with. I made it totally free just for you.

https://www.amsinger.org

Much love and hard work,

Aaron

Exactly a good point. For me it is the more risky aspect of crypto because some coins would never get to the last ATH. They will keep diminishing until fissle off. I think a convenient profit is good enough than waiting for eternity to buy a limo at one dump of a coin.

Check out my site, take my masterclass, see what I’m working with. I made it totally free just for you.

https://www.amsinger.org

Much love and hard work,

Aaron

Short Answer: Always buy when others want to sell.
I know some of those who bought at $ 20,000 and lost all their money in a few months "precisely less than a year" as the price dropped below $ 3,000.
There is no specific law governing the rise and no one would have thought we would reach the $ 1200 level before the end of the year.
  What you think is a terrible deal now may be the best investment you have ever made.
  Think rationally and don't let your emotions manipulate you.

People should be careful with the holding idea. It's riskier than trading in some cases.

20% profit from crypto is terrible because its not easy to get profit with higher amount, just keep get profit about 5% is more enough and keep stable for every time trading.

Hindsight tells us that hodling has been an excellent means to making tremendous gains depending on your entry and exit (if you do) points.

Short Answer: Always buy when others want to sell.
I know some of those who bought at $ 20,000 and lost all their money in a few months "precisely less than a year" as the price dropped below $ 3,000.

There is no specific law governing the rise and no one would have thought we would reach the $ 1200 level before the end of the year.
What you think is a terrible deal now may be the best investment you have ever made.
Think rationally and don't let your emotions manipulate you.