Bitcoin Forum

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.

This is such a good reminder for people who are just here with cryptocurrencies wherein the bullish market is bring the prices of bitcoin and altcoins high enough to persuade newcomers. Only if they would know what happened last year, they might think twice or take extra careful.

The market is growing rapidly from the beginning of 2019, this is not a good thing for experienced investors. We want to see the market grow in a stable way with a number of new people entering the market, not right fomo and blowing pumps. For me the current bitcoin has gone too far without any major adjustments, it really caused me insecurity.

Hopefully many people in the market should understand what you are saying right now, as most of us are still here since the great hype of the crypto industry in 2017. In that year there were many hype in the market that many have though the pump will last in 2018, which did not happen. And that is what brought the distrust in many new projects as you can see many of them failed get enough funding.

of course all people should be carefull in all market situations, and always think about the risk because the risk on crypto investments is more than the others investments opportunities, such as stocks, forex etc
so, don't be greedy,,, and remember Never ever invest more than you can afford to lose

We have to be cautious and observant for the possible conclusion of the market, as it has high volatilization that hard to predict. Also we have to be positive and keep forward for every scenario that may occur will be acceptable.

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.

indeed that is what everyone should do but in fact there are still some who are greedy so they are not careful in investing so sometimes there are still some people who lose a lot of money because they are careless

Have read a lot news on the internet and they are mostly sentimental. Read a news that said that the altcoin will not be part of the bullish market.  This have created lots of sentiments and people now believe that the altcoin market will die off.  But this is very unlikely but people find it hard to understand how the market works instead they cream FOMO

maybe people will be more cautious this time before pumping useless tokens, this is not bad. But I believe the alts with good fundamentals will keep growing. Months ago the general sentiment about crypto was bad, give them time and they will learn.

it's difficult for people to take advice or correction.  By now many will be doing anything possible just to be sure they buy into bitcoin and yet they will not make any research on the market to know when the time is right for that.

Thanks so much for the heads up. Truth be told, you have sincerely right. The warning is indeed very timely. Thanks so much

Altcoin teams have to start relying on their projects now ,no more following bitcoin thread ,this present bullrun has proven that not all altcoins will favour from bitcoin bullruns anymore

You are right. Your information will help a lot of new investors. In particular, those who are investing before understanding anything. And thereafter, many capital losses have occurred. Therefore, everyone should be careful and invest in knowing it well. And such Capital should be invested that there will be no hardship if the capital is wasted.

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!

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.

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.

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 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

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.

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.

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.

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.

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.

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.

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.

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

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.

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

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.

I agree with your advice. Crypto is a volatile market, it can increase and decrease at any time. People are smart investors.

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

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.

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.

Thanks for the caution. I will really like to add more. You see, the crypto market has attracted a lot of people to itself, the good ones and the bad ones. Don't let the bad ones get hold of your money, they probably ain't gonna give it back. Stay sharp, pay attention to all those little details that might seem insignificant . And learn to ask questions.

i must be sincere, if bitcointalk can allow me to pin a thread. surely i will Pin this advice on my profile. your words were clear and it is a clear advice to all especially people who think it is all roses in this crypto community. the moment you loose your funds, they are gone and nobody cares about that. it is clearly on sentiments. everyone should thread with caution.

I understand every crypto risk, I also understand that now is not a good time to invest in altcoins, BTC creates market bullies, but the majority of altcoins have no value.  Market charts generally give us an idea that on a near scale BTC and ETH investments are always the best choices.

This what it plays for all, never give trust to anyone most especially to a stranger. Money is a devil and many were gonna be tempted into it.
As the anonymity stand still, it could be one reason why they don't even bother to think to scam others and work for illegal activities. This why giving our trust to another is very quite not good all the time.

As for the real adaptation, I would argue. Personally, today I do not see a single project that would become part of everyday life. Yes, it's about a lot of talk but very little action.

Thanks for this reminder, you're right, this is the crypto world. Where nothing is permanen and stable at all. Crypto will be always fluctuating and volatile (only a few is more stable). There will be always negative issues surrounding, volatile price, dump price to bear market, rising price into bullrun and then dropped again, full of fomo and hype, fud, and many more. This is normal. And what you need to do is ignoring what makes you feel bad. Just follow and manage your own strategy in this crypto world in order to survive and progress

Positive sentiment will affect the price of bitcoin or other altcoins as well as negative sentiment. Investor sentiment influences people to buy or sell their tokens and certainly will have an effect on prices. I think, we must have a positive psychological investment

All the things we do for our savings are our own responsibility so everything that is done of course must go through very good analysis, as you said today there are so many phenomena that occur so that if we take inappropriate actions then the losses will happen to us early warning is very important to strengthen the mentality when we invest in coins and follow what you believe so that if you experience a loss then don't feel disappointed.

The thing is, if you rely heavily on social media information, it would hard for most people not to give in to fomo or fuds. Let's face it, many traders don't really do studies and researches. They rely on who they think knows what they're doing. Crypto pages, telegram groups whether they're free or paid, people claiming to have become millionnaires etc. You'll find a lot of these online and it'll be easy to base your decisions on their tips because of their "accomplishments" And accurate mapping. And a lot of people lost money because of blindly following these people.

the important thing if you want to survive with the world of cryptocurrency is an understanding of where the market will go, not following the opinions of others to make decisions.
because if we don't do it alone and with our own abilities, then everything will be in vain, and not the profits we get, but the losses.
this is important because crypto has a very volatile price and the price is far from stable when compared to stocks or forex.

Almost all prediction are not true and correct, it is only an speculation by the individuals by what they think that it could be happen about the price in the market. And it will remain difficult due to it is because of volatility of the coins. Sometimes others are taking advantage through giving information the will give hype to anyone that they will announce it on different social medias such as Facebook, Twitter, Reddit, Telegram, and Discord.

We are the determinant of our own success, in investing, or in crypto currency trading, so it is better for us to always use our own analysis, but we also have to be open to accepting other people's opinions and the rest we determine.

Nothing is permanent in any part of the world and life:) But that is fine,,, change should be welcomed by all and if crypto was not the volatile animal that it is, why would anyone want to come and speculate anyway correct?

Even stablecoins are strangely volatile losing 1% sometimes in a day.

Negative comes with positive too,,, we should see all this as normal. IF everything is good, is that not abnormal?

Absolutely true cryptocurrency is a form of unstable investment option, thats why everyone must think before venturing the crypto-space your the only one responsible in your own action so do it with extra precaution and make sure that you do some personal researched before you invest in particular coin or token.

everyone must do their research except those who are investing in crypto. I think they will be more confident in the advice of people who know better than their own research. take care of all assets, because the market has its own moment to make us go up or reach the point.

I always follow my TA and my own predictions. But i won't deny the fact that i am also confirming my technical analysis from some of bitcoin enthusiast. At the end of the day, my decision is to only follow and to stick from my own prediction.

Yes there is no permanent in this world even cryptocurrency or bitcoin, we can't never tell if it will stay longer or forever. But what important is that, we have been a part of this amazing and beautiful blockchain technology which I am very proud of.

The unstable time is also called the time when the market is most bustling when you make the most money. Why skip this opportunity, I feel that you are quite a conservative person and not ready for risky gambling.

Thank you for reminding. Sometimes, we are too negligent with various developments and things that happen in this crypto world. As a result, we will be easily deceived or manipulated by various people. of course, being careful is very important especially in terms of choosing a new project or coin to be invested. Or various interesting offers, but it turns out it's just phishing. Likewise with the current market conditions. Don't be easily provoked and impatient.

thanks for the word of advice. It is really important to be able to know what you are doing, because you can really earn here fast and lose a lkot of money fast. Worst case scenario and best case scenario can happen to you but if you are aware of what u do, u can calculate the risk you can only take and not lose a lot when bad thing happens.

You are right but overall fundamentals are improving for crypto and we will finally move towards adoption after regulation is implemented by most of the countries worldwide, for me i think 2020 is going to be a massive year for crypto market.