Topic: ZERO profit is better than lose ! (Read 481 times)
Well I can deduce that from the post greedy is one fast killer of many that are involved in cryptocurrency investment there is nothing better than patience and understanding
Correct, zero profit would make you feel perhaps neutral, however when you lose something it will affect you badly and you may do more wrong things.
I absolutely agree with your point, As I follow the golden rules of legendary investor Warren Buffet. Even if he has a different opinion regarding the crypto industry, I have noticed that his rules and principles of trading in the traditional stock market also prove helpful while trading in the crypto market. His rules are simple and clear,
# 1. Never Lose Your Money
# 2. Never Forget Rule Number 1
# 1. Never Lose Your Money
# 2. Never Forget Rule Number 1
"ZERO profit is better than lose"
Ehm. No. It is about risk vs reward. In crypto you have high risk with high reward potential.
If you listen to your own advice you will just leave crypto. Don't get your point at all.
Coolcryptovator wanted to say that it's better to have no loss instead of the chance to get huge, but unrealistic profits. Money that you didn't lose because you did not invest in this unrealistic offer where high profits were promised is also win (compared to if you would lose it)
Most scams use the greed of unexperienced users to promise far too high returns which can't be true and it's always good to avoid them.
I understand the point of Coolcryptovator quite well and it's always a very useful advice to unexperienced users. There is a good rule about it:
If a business model is too good to be true, then it isn't true.
"ZERO profit is better than lose"
Ehm. No. It is about risk vs reward. In crypto you have high risk with high reward potential.
If you listen to your own advice you will just leave crypto. Don't get your point at all.
This is a short post and reminder for newbies,
Around the forum you will find so many greedy offer by many users. So many Ponzi Scheme and gambling website's are offering many kind of bonus. It's really greedy offer and lot of greedy members fall on it and got scam eventually.
At first scammers will offer you bonus then they will force you to make deposit in order to withdraw bonus. But they will never approved your withdrawal. That means you losed your fund for forever.
That's why learn to apply your brain and make judgment by yourself before invest anywhere. Wherever you think high risk then better to avoid it. Because,
"ZERO profit is better than lose"
Around the forum you will find so many greedy offer by many users. So many Ponzi Scheme and gambling website's are offering many kind of bonus. It's really greedy offer and lot of greedy members fall on it and got scam eventually.
At first scammers will offer you bonus then they will force you to make deposit in order to withdraw bonus. But they will never approved your withdrawal. That means you losed your fund for forever.
That's why learn to apply your brain and make judgment by yourself before invest anywhere. Wherever you think high risk then better to avoid it. Because,
"ZERO profit is better than lose"
Hey this is a classic example of loosing one’s funds because of one’s greed, and it’s not limited to this forum alone I feel this also applies to the emails we receive, and all those tempting offers we see on the net. I have a simple rule whenever I see such offers here, visit the sites Ann and see if there’re positive or negative reviews about the offer. Also I feel many newbies come here to make quick income without even understanding the risks, I do hope this post guides them well.
I wanna add here the paypal charge back option too which I have faced back in 2018. I have seen some people looking for exchanging paypal into BTC. Be careful my dear mates. I don't know how the exchanges go here but you probably will sometimes be the victim of charge back if you exchange paypal with BTC or other currency when you gonna take paypal from a newbie who don't have a good exchange history here.
A successful trader will think in that way,let the money circulate it first even if didn't making any profits by now soon there will be something happen to the thing we are investing and it suits better to the bitcoin holders.
Its true that everyone wants to invest on profitable projects. But running after big bonus or earn bigger amount in a shortime isn't a wise choice. Basically you always have a chance to lose your fund if you try to be a millioniare in 1 week or month. I always prefer to make profits from a safety zone.
Scammers always offer "small invest big return" package. Where many newbie investors easily fall on their trap due to lack of experience.
Scammers always offer "small invest big return" package. Where many newbie investors easily fall on their trap due to lack of experience.
At first scammers will offer you bonus then they will force you to make deposit in order to withdraw bonus.
This is already so rampant all around this network and even on the internet generally, initially it worked well for the scammers and a whole lot of unguarded individuals fell for this, but it's now so popular and it's awareness has spread all over, "any offer of payment before withdraw is a scam". So any victim of this these days is an obvious greedy person, and greed is the most major cause of people losing their money today
This form of fraud is very popular on Telegram, the fraudster will set up a group of celebrity rogue, exchange ..They will issue a free bonus program to everyone, but to withdraw the reward to the individual wallet you will have to send money to the address they propose. Although this is not a new form of fraud, it is still very useful for newcomers, lack of knowledge but full of greed.
Most of the victims of these online ponzi scheme are newbies in the crypto world and the other are those people who are eager to earn big in a short period of time without doing anything.
We learn by making mistakes, don't be afraid of making them you deprived yourself some lessons by so doing, don't settle for zero profit at the same time don't be greedy and stupid in your investment decisions.
I am not sure I could agree with you here. It is not really a good feeling learning a lesson the hard way. In case you are holding bags of a coin and there is terrible news from their side that leads to a huge drop and maybe bankruptcy is imminent, it is much better to sell and make no profit than watch as your coin drops 30,50...80% 
The bonuses on most gambling sites often have extremely high minimum qager requirements for withdrawal (I've seen 40X on several occasions), and I typically don't take bonuses when I start out gambling on any crypto casino. There's certainly people out there that win enough to be able to cash out that much BTC over time, but those people are few and far between and some sites start asking for verification to prevent withdrawals in such cases.
This isn't primarily a trading section, but being greedy hurts you in trading too. Sometimes closing a trade early is better than holding it for an extended period of time in leveraged trading, but this applies even to non leveraged trades- plenty of people bought BTC below $20K and didn't sell at the ATH and are in the red right now; sure, BTC will likely hit those levels again in the future, but even a small profit's much better than being in the red.
This isn't primarily a trading section, but being greedy hurts you in trading too. Sometimes closing a trade early is better than holding it for an extended period of time in leveraged trading, but this applies even to non leveraged trades- plenty of people bought BTC below $20K and didn't sell at the ATH and are in the red right now; sure, BTC will likely hit those levels again in the future, but even a small profit's much better than being in the red.
At first scammers will offer you bonus then they will force you to make deposit in order to withdraw bonus. But they will never approved your withdrawal. That means you losed your fund for forever.
This is the typical style of those scammers, they will make their users earn that much and will give that credit for their accounts but on the latter part when you are about to withdraw and cash out. They will reason out that you need to pass on something such as KYC or deposit before proceeding to the withdrawal.If they asks for money, be alerted and don't proceed anymore with those kind of websites.
This is not about gambling site or ponzi websites only. It is happening in twitter and facebook too. Send X amount in this address and get "2X" in return. That's why Vitalik put out his twitter name as Vitalik Non-giver of Ether
Absolutely right, the greedy offer couldn't be a legit offer at all. Scammer presents their offer very interesting way that's why we think they are legit and we fall in their trap. But we should remember that there is no easy way to make a profit which offers scammers.
I think no matter the consequences, some people would choose the easy money. You are participating in Ponzi Schemes, HYIP, etc. Doing that kind of investment is wrong. You might lose everything in an instant, or you know you are in profit but still choose to be greedy and then lose the money. That's the typical thing that happens towards every time the bubble burst in a Ponzi. That's not all to be worried about, and it's better to have your knowledge in a certain thing to be sure.
As the OP said, it's better to have 0 profit than to lose everything. No negativity, please.
As the OP said, it's better to have 0 profit than to lose everything. No negativity, please.
diposite
spelling wrong bro it is really confusing please correct it. Also nowadays, scams are spreading like fire even SSL certificate sites are also fake but I think the people who are scammers are earning a lot from us (a good profession
The gist is there no one especially in this forum who give you a lot of money/profit sans you did elbow grease before. To hunt out illegitimate money (through scam, rob and another way) already been straitened at this time, moreover to hunt out legitimate money which must be done by having a healthy mind, good knowledge and deep insight into the subject being worked on.
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