Topic: Word of Caution For All - page 2. (Read 735 times)
Such a nice caution for all of the people in this crypto community. We are the person who responsible to our behavior, good or bad. So take our time and do not rush and selfish when investing on.
That's the truth and I totally agree with you. There are most individuals whose work is to hype one project after the other for their own interests and that's all. I pity those who listens or follows whatever they hear on social media etc as those predictions doesn't work. Right now the market is looking good, prediction has started again and when it fails to go according to plan I wonder who they will blame. Like you rightly said, due diligence, research etc should be at the back of ours hands at every point in time.
The fact is no one knows tomorrow, some FOMO helps and some will ruin you but how will you know what comes next? No way,you can only rely on your own instincts
I agree with your advice. Crypto is a volatile market, it can increase and decrease at any time. People are smart investors.
Just a word of caution, careful if you're easily manipulated by outside individuals. These are volatile times in crypto, fomo and every other human emotion will cause you to potentially lose a lot of your savings and investments, if you do not act carefully.
No market climbs forever, neither does anyone know or understand where crypto markets are headed. I urge everyone to do careful diligence, research, reading and monitoring on their own and never invest/trade more than you can afford.
There's a lot of useless predictions (especially on social media & outlets), shilling and fomo invoking individuals in crypto; everyone has their own selfish interests and in the end, no one will be responsible for your actions but yourself.
Crypto is only run by 1 principal, sentiment. To a lesser extent this is mitigated by real-adoption and integration, unlike 2017 or 2013.
These types of posts are very helpful for beginners. You are right. Inspire people to invest more and more than affordability to risk. So much investment is not worthwhile. So, before investing, we have to be cautious. No market climbs forever, neither does anyone know or understand where crypto markets are headed. I urge everyone to do careful diligence, research, reading and monitoring on their own and never invest/trade more than you can afford.
There's a lot of useless predictions (especially on social media & outlets), shilling and fomo invoking individuals in crypto; everyone has their own selfish interests and in the end, no one will be responsible for your actions but yourself.
Crypto is only run by 1 principal, sentiment. To a lesser extent this is mitigated by real-adoption and integration, unlike 2017 or 2013.
Just a word of caution, careful if you're easily manipulated by outside individuals. These are volatile times in crypto, fomo and every other human emotion will cause you to potentially lose a lot of your savings and investments, if you do not act carefully.
No market climbs forever, neither does anyone know or understand where crypto markets are headed. I urge everyone to do careful diligence, research, reading and monitoring on their own and never invest/trade more than you can afford.
There's a lot of useless predictions (especially on social media & outlets), shilling and fomo invoking individuals in crypto; everyone has their own selfish interests and in the end, no one will be responsible for your actions but yourself.
Crypto is only run by 1 principal, sentiment. To a lesser extent this is mitigated by real-adoption and integration, unlike 2017 or 2013.
No market climbs forever, neither does anyone know or understand where crypto markets are headed. I urge everyone to do careful diligence, research, reading and monitoring on their own and never invest/trade more than you can afford.
There's a lot of useless predictions (especially on social media & outlets), shilling and fomo invoking individuals in crypto; everyone has their own selfish interests and in the end, no one will be responsible for your actions but yourself.
Crypto is only run by 1 principal, sentiment. To a lesser extent this is mitigated by real-adoption and integration, unlike 2017 or 2013.
Never eat more than you can chew. It is safer that way than being a victim and be careful of all manner of predictions. Many of them dont pay off at the end
Just a word of caution, careful if you're easily manipulated by outside individuals. These are volatile times in crypto, fomo and every other human emotion will cause you to potentially lose a lot of your savings and investments, if you do not act carefully.
No market climbs forever, neither does anyone know or understand where crypto markets are headed. I urge everyone to do careful diligence, research, reading and monitoring on their own and never invest/trade more than you can afford.
There's a lot of useless predictions (especially on social media & outlets), shilling and fomo invoking individuals in crypto; everyone has their own selfish interests and in the end, no one will be responsible for your actions but yourself.
Crypto is only run by 1 principal, sentiment. To a lesser extent this is mitigated by real-adoption and integration, unlike 2017 or 2013.
No market climbs forever, neither does anyone know or understand where crypto markets are headed. I urge everyone to do careful diligence, research, reading and monitoring on their own and never invest/trade more than you can afford.
There's a lot of useless predictions (especially on social media & outlets), shilling and fomo invoking individuals in crypto; everyone has their own selfish interests and in the end, no one will be responsible for your actions but yourself.
Crypto is only run by 1 principal, sentiment. To a lesser extent this is mitigated by real-adoption and integration, unlike 2017 or 2013.
Good point, its just that many fake news scattered nowadays in the media channels, which makes us feel that this is the best time to trade, buy, sell etc, which thinking that its just a FOMO and no legal basis of such news, many are becoming an analyst in cryptocurrency this time, so we much have a proper knowledge of what we are taking into.
Follow your heart and nothing else ,many investors depends on others opinions without trying to find their own reasons ,the fact is this kinda people never grows ,learn to make decisions by yourself
Crypto market has a lot of opportunities, but with opportunities comes also disadvantages. In crypto these disadvantages are the various scammers and that transactions can't be undone or if you lose your private key / get hacked. Everyone is responsible for his actions and education will help to improve your comprehension.
So, if you are a Newbie read before you take action! It can help you to avoid losing money.
So, if you are a Newbie read before you take action! It can help you to avoid losing money.
Indeed dealing in cryptocurrency is very risky and as such, you need to be careful when investing or trading in crypto. Even as at now, BTC is at its correction state and we still hope to see it rise steadily.
indeed carefulness must be possessed by every individual because if we are careless then the loss is owned,
meticulous before acting rather than experiencing a very large loss.
meticulous before acting rather than experiencing a very large loss.
You are very right and even now it looks like btc is entering a correction that can last a few weeks but im still seeing people shilling for pumps. Although im bullish for btc long term but at the moment seems like btc is going to correct before next move.
Thanks for the reminder, greed will start coming out to the people as bitcoin goes on bull as it starts to reach $13k. The move is rapid to the extent that we no longer think of the potential opposite outcome of it.
I've actually sold few moments ago and willing to wait further more. I'm okay with the decision that I've made today although I'm ready also if ever the market will increase/decrease few days from now.
I've actually sold few moments ago and willing to wait further more. I'm okay with the decision that I've made today although I'm ready also if ever the market will increase/decrease few days from now.
Indeed, we cannot assume the market will continue to rise, sometimes the decision to sell now is more appropriate if later bitcoin goes down and vice versa sells now it will be a regret if bitcoin rises. But selling now is fine as long as it's profitable, everyone does have their own strategy in trading. Maybe you are the type of daily trader who plays scalping in every reflection.
Yes, very important tips and I want to add that you do not need to trust anyone, especially the world of cryptocurrencies, you just need to be guided by your knowledge and experience. And for gangbugs it's better to have a curator.
I am sure that the market is manipulated by some whales that are pushing the price up. But there are positive moments as well, because this can cause a new wave of hype that will draw more attention from new audience.
I have people around me who always tell me that I won't come out with nothing by choosing crypto and I just move ahead with nothing on my way ,I hope they regrets later ,I'm not going to give up easily
legendary
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Thank you for heading up, newbies often fall into this. With the rise of bitcoin, many more scam projects also arise along with pump and dump coin. Newbie must have done research.
I don't have sMerit left to share with you, thank you, man.
I don't have sMerit left to share with you, thank you, man.
Yes, this situation will be too risky if we are not careful to decide, and we could get manipulated by them. But as long as we can research for what we want to do and we can get as much as information we needed, then we don't have to afraid to them. We can decide carefully, and we can have a way to solve the problem just in case if we get a problem in the next day.
There are different types of people involving in cryptcurrency. Some people do something predictions in the field of cryptocurrency.
They may do predictions for different purposes especially for their personal interest. They sway emotions of traders and use it for their personal benefits. So stay alert.
They may do predictions for different purposes especially for their personal interest. They sway emotions of traders and use it for their personal benefits. So stay alert.
Cryptocurrency and cryptocurrency trading are risks! I would advise to risk the amount that is not a pity to lose!
Observe money management and you will be fine! Good luck dear friends to us!
Observe money management and you will be fine! Good luck dear friends to us!
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