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Economy => Trading Discussion => Topic started by: bulldesai on July 21, 2021, 09:30:22 AM



Title: I started investing in crypto 4 years ago but recently did I made profits
Post by: bulldesai on July 21, 2021, 09:30:22 AM
I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Dragonfund on July 21, 2021, 03:19:26 PM
Only those with free money to dash off follow influential people on making decisions and calls.
You must be a lazy type If you have stay in crypto for 4 years and you couldn't make your own trade or do proper research, you even know what rug pull means, the risk associated with new projects, yet you didn't stop at one but three consecutive mistakes. That's really bad in my opinion.
My experience with DeFi tokens aren't really bad, the loses weren't significant and they were all sold close to all time high.
Risk with management is really helpful, take the advice.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: DarkDays on July 21, 2021, 03:46:50 PM
This is an interesting topic since not many people want to admit they've started wrong and that was costly to them.

It does not matter when you enter the market but if you enter the market because everyone else is shilling that project then you should expect rug pulls. With most of these DeFi coins it is about people shilling to new people until this becomes a perpetual cycle which is why it is recommended not to follow influencers so closely - remember they are paid to shill.

NEVER be a sheep, be your own shepherd, except of course in the case of BTC ;)


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: RokokGudangGaram on July 21, 2021, 05:05:59 PM
Why would you follow other people if you can do your own research and know the credibility of the project? Those people were getting paid to advertise the project, they didn't do it for free luckily I never participated to DeFi that's been pull rugged and so far I did make good money in DeFi projects although the price of these projects were really volatile and I nearly lose all my money because of it.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Alanaz on July 21, 2021, 05:09:56 PM
simple and I will conclude based on your statement. where some steps are not quite right (I'm not saying the wrong steps), remember the steps you did not quite right:
first : hurry and don't think long

I've been investing in defi without knowing the risks.

second: not clarifying information, and only relying on FOMO that comes out of influencers.
As a beginner I was following all the Influencers blindly & lost all of my savings.


you can feel the rest until now, because 4 years I think is enough to enjoy the results more than what you say now. but don't regret what has happened, you are still lucky, there are still many out there who are not familiar with crypto until now, and it's your job to share the knowledge you have and share it with others.



Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Gozie51 on July 21, 2021, 05:23:56 PM
There is a day for the hunters, is good to know you have realized certain things and have started correcting the wrongs. Hopefully you will keep to what you have learnt. And one of the things I saw in your post is lack of confidence in your self which made you to follow other people.  I believe that following people might do more harm than good to you because you may not know the reason a trade is made. Learning is not easy but we have to careful with it


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: noorman0 on July 21, 2021, 06:07:49 PM
What was your first DEFI Coin?
Did you got rug pulled?

I'm not going to answer these questions, I just noticed that you're promoting Coreto services (as well as elsewhere). Such a service, will not make you believe in yourself in making trading decisions.  It will sometimes annoy you with investment advice and limit your own experience space.

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.

You haven't covered the point on how you should learn. 80% of Influencers on the recent meme/defi trend are only able to create a momentary hype effect. Rugpull can also occur due to influencer interference.



Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Furious 7 on July 21, 2021, 06:25:03 PM
What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?
I don't remember about the first DeFi coin what I did obviously I was so much into DeFi coin and in the end it became a Rug pull, I have experienced this and I know this is the risk of the current trend so for me this will be a lesson

There are so many shady Influencers including Elon Musk that many say, but we know as Influencers will continue to scare us into making purchases on the wrong coins.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Oilacris on July 21, 2021, 08:57:23 PM
Good for you that you do make profits and since this is the main thing on where people do really target out but simply its not obvious that you are just promoting yourself on here. 8)

Answering up these things.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert
.


1. We dont actually need one but its not bad to look out for their calls and apply it into your analysis.
2. We are all doing out best to be a better trader or investor at all costs.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: dotcoin.info on July 21, 2021, 10:30:52 PM
It happens quite well. You are not alone in this. There are many people who could not make money even during a bull run, they just had no luck.
Wherever they invested money, although the most obvious decisions were in front of their noses, they simply ignored them in the hope of a more significant jackpot.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Shenzou on July 21, 2021, 11:27:42 PM
I think that a lot of people when they start out they follow some influences or so claimed experts blindly, and when they lose they just blame the person or the method rather than reflecting on what they have personally made wrong, sure you can follow some experts but the market is unpredictable and no one really know how things are going to go, and people find it easier to blame others, the point is experts are not going to make you rich because they are not always right no matter how credible they are.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: ChuckBuck on July 22, 2021, 12:45:47 AM
Wherever they invested money, although the most obvious decisions were in front of their noses, they simply ignored them in the hope of a more significant jackpot.
I call it as human greed  :D we are all not too familiar with such things, especially when trading in the cryptocurrency market. I myself am someone who has gone through that process many times. My bad trading experience also came from my greed lam. Have you ever made a profit of almost 3 thousand dollars in a small order in one day? Of course it comes from big leverage. I was able to take profits as soon as I got over $2,000 in profit, but out of greed, I didn't. And you know, when things turned around, I almost all, or to be more precise, lost. Everything happened so fast  :D


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: mk4 on July 22, 2021, 01:06:50 AM
You really don't even need to do those things. All you need to do is to hold BTC long term(along with some ETH depending on your opinions). It's good if you're capable, but researching and evaluating sort of "crypto startups" isn't for everyone.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: ChuckBuck on July 22, 2021, 01:30:40 AM
but researching and evaluating sort of "crypto startups" isn't for everyone.
It's really a bet. Investing in startups has always been more risky than any other type of investment that I know, there's a lot of risk there, as we can't really know exactly, which is a really reputable and safe business. Moreover, even if we already know the businesses are reputable, and it is a real project, investing in it is still a risk as we will put a large amount of money into it for a while without knowing what we'll get in advance, the rate that businesses and startups succeed is very small, and choosing the right one is extremely difficult  :-\ It's real bet...


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: wahyu wida on July 22, 2021, 03:13:23 AM
I think that a lot of people when they start out they follow some influences or so claimed experts blindly, and when they lose they just blame the person or the method rather than reflecting on what they have personally made wrong, sure you can follow some experts but the market is unpredictable and no one really know how things are going to go, and people find it easier to blame others, the point is experts are not going to make you rich because they are not always right no matter how credible they are.
What needs to be understood is that no one knows where the market will move. therefore self-confidence is needed to determine attitudes. many vvip channels to join and get signal, but what must be understood is that it is just an analysis, which is not necessarily true


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: mk4 on July 22, 2021, 05:18:42 AM
It's really a bet. Investing in startups has always been more risky than any other type of investment that I know, there's a lot of risk there, as we can't really know exactly, which is a really reputable and safe business. Moreover, even if we already know the businesses are reputable, and it is a real project, investing in it is still a risk as we will put a large amount of money into it for a while without knowing what we'll get in advance, the rate that businesses and startups succeed is very small, and choosing the right one is extremely difficult  :-\ It's real bet...

Yes, investing in very early projects is like high risk high reward on steroids; even riskier than investing in the sort of "reputable" cryptocurrencies. Hence why investing in early projects(regardless if crypto or not) isn't recommended unless you really know how to do deep research and have deep pockets.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Obito on July 22, 2021, 06:56:07 AM
It's good that you have finally profited in crypto, your situation isn't that unique but not too common, you could've prevented some of those mistakes with patience and some prior knowledge before entering crypto.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Zilon on July 22, 2021, 07:42:06 AM
What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.
This got me and I'm glad you found your way around even after having your own share of losses which is actually normal for most starters. You can't really do much in defi projects as a novice if you don't have a mentor who is experienced enough to guide you.
Quote

What was your first DEFI Coin?
Did you got rug pulled?
My first defi coin was Tron although it wasn't massive but I pulled some profit though it was my early days investing in defi projects and I had a mentor who was always putting me through on when to hodl and when to pull out it was pretty much easier for me


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Wexnident on July 22, 2021, 08:49:17 AM
Well truly a long time, but at least you're progressing. Project investments are always a hit or miss ngl, with most of them being a miss but finding a hit one could always project you with great profits if you invested big on them. I've tried it myself when I entered and never really profited, mostly why I just gave up and decided to invest monthly on BTC and hodl. Trading was never made for me, glad that your persistence made it last this long though. What made me see when I entered crypto was you go big or you go home while losing big. Small profits weren't really enough to defend the idea of trading, and without risking it all in an asset, it isn't really quite enough.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: justdimin on July 22, 2021, 09:02:36 AM
investing in very early projects is like high risk high reward on steroids; even riskier than investing in the sort of "reputable" cryptocurrencies. Hence why investing in early projects(regardless if crypto or not) isn't recommended unless you really know how to do deep research and have deep pockets.
True and even the best analysts fail at analyzing these new projects because there are many obstacles in the way of success. I will list down some.

1- Lack of interest from the traders and investors, no matter how good a project is, if there is a lack of interest from public, then it won't do well.

2- Lazy and disjointed teams, I have seen some teams where one group wants to actively work while some were just interested in the project till the crowdfunding was being done.

3- Other problems like scaling and use cases. A project may be fundamentally strong but it must also have good metrics and technical aspects to be successful.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Questat on July 22, 2021, 03:00:45 PM
You have done and experiencing the worse scenarios in your life in crypto and I believe that you had learned it already. Now, maybe it was time for you to start over again and be sure that everything is in a good position.
All you need to do now is to carefully choose those projects that are worth enough, not just because of someone suggested but it was you who do the search.

Check its market volume, where it was listed, and sometimes we do some chart analysis to know if we are in the best position to buy.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Fredomago on July 22, 2021, 04:21:32 PM
You have done and experiencing the worse scenarios in your life in crypto and I believe that you had learned it already. Now, maybe it was time for you to start over again and be sure that everything is in a good position.
All you need to do now is to carefully choose those projects that are worth enough, not just because of someone suggested but it was you who do the search.

Check its market volume, where it was listed, and sometimes we do some chart analysis to know if we are in the best position to buy.

Admitting and willingness to move forward is how a traders should keep in mind, it's not easy to just blindly follow anyone advise and hope that it will bring you something, which is most of the time the outcome is not on your favor.

Understanding and finding the right ways to have a successful journey start inside you, when you already realize that you needed to adjust and change the way you doing wrong, that's the start of doing the right thing. Learn and never to stop learning.

End of the day, success once you achieve it you'll be thankful that you experienced the worse and overcome that failure then convert it to positive successful outcome.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: fullhdpixel on July 22, 2021, 04:50:54 PM
It's good that you have finally profited in crypto, your situation isn't that unique but not too common, you could've prevented some of those mistakes with patience and some prior knowledge before entering crypto.
No matter how much knowledge you gather before entering crypto trading, you will only learn once you make mistakes. We all need to face tough times when the market is bearish and panic is something that cannot be practiced, to be honest. All the social media influencers and pundits are just paid promoters who take money from projects and then promote them just like how John McAfee did.

I believe the best way to master crypto trading is by making mistakes, improving yourself and repeat the process unless all the mistakes are corrected. Even then, because of how volatile the market is, you will face loss but at least you will end up doing more profitable trades than losses.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on July 22, 2021, 05:23:34 PM
I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.
Step 2 is a must and anyone that is serious about making money should choose that route from the very beginning, step 1 was unnecessary and it is what cost you to lose so much money on the first pace, do not waste your time with the predictions of those experts and influencers, even if there are a 10% of those people that are honest, and I do not believe that for a second, by the time you find one you will lose almost all of your capital which is the same thing that happened to you.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: bandungan on July 24, 2021, 04:52:07 AM
Don't be influenced by influencers or anyone. i prefer to research myself and try to do analysis based on belief than having to bet money but fail. because investment is not an exact science that can be successful in a short time, but investment requires a lot of good calculations


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Anamika1000 on July 24, 2021, 07:16:04 AM
First, you should listen to yourself and then other people because you should learn from yourself more and get the profit otherwise they have paid project and paid groups. So, read about the coins first and analyzed them if you want to get profit.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Karish2return on July 24, 2021, 07:18:34 AM
Yes, you can but for this you have to read about the coins more and  more if you have enough knowledge about the coins and you knows really well that at which time this coin is going to up and this coin going to down. It will give you a lot of profit.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: CryptopreneurBrainboss on July 24, 2021, 08:28:12 AM
What I've learned at the End is,
1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.

I was enjoy all you had to say until you gave that advice, I won't blame you though since you did what you're saying and it works for you so now you'll be thinking it'll work for others too but that's not the case, these influencers are all the same. They'll always choose their pocket over your interest. They might start off as been honest but when the offers starts coming in, they'll take them and start shilling worthless scams that'll most likely steal all your money.

That I merited you doesn't mean I agree to what you're saying, experts aren't the best way to go about investing. What do they have that you don't? You might say the experience. Well that's correct but do you think they got that experience by blindly following others, I doubt. They did it with their own experience of trying untill they perfected whatever they're teaching now. You should do that too, there's something that following an expert dies to you that can make you doubt yourself.

Don't forget if their speculation were to be wrong, you didn't gain anything from the mistakes since the trades we're your own reasoning. You had no idea how the trades came about which shouldn't be how you go about investing in the industry. You should be ables to profit from your gains and losses and that can only happen when you do your own due diligence and not relying on others.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: tvplus006 on July 24, 2021, 10:08:07 AM
...What I've learned at the End is,
1) Find & Follow Credible Experts.
...

The fact that you need to listen to the opinion of influential people is certainly correct. But at the same time, it is not necessary, without proper analysis, to follow their recommendations. You should have your own opinion on what is happening in the market and your own plan for if the market is directed in the opposite direction to your expectations.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: electronicash on July 24, 2021, 11:23:03 AM
...What I've learned at the End is,
1) Find & Follow Credible Experts.
...

The fact that you need to listen to the opinion of influential people is certainly correct. But at the same time, it is not necessary, without proper analysis, to follow their recommendations. You should have your own opinion on what is happening in the market and your own plan for if the market is directed in the opposite direction to your expectations.

sometimes the expectation is reached, sometimes not. i followed a reputable investor too and turnout to be a good investment for me. i regret investing in the end because i didn't buy a lot of it. i'm sure defi projects are pretty good when behind it are reputable people as well.  

i'm however not fond of staking so i sold it during its ATH. if i didn't sold it i probably regret as well because right now the price dips. i couldn't say i'd buyback but SOVRYN had dip hard. it was a good project actually. still the price is better than its presale price.



Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Ararbermas on July 24, 2021, 01:19:58 PM

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


correct whatever it is as long as it's related to crypto business, never trust that there's no scam projects such on defi. Because scammer always find way to caught some victims.. So it's always good to make research first especially when it comes the team behind because that's the most important thing to choose a project and to avoid scamming.. Never ever rely on what you see around the internet because mostly people nowadays is promoting a bunch of scam projects. So be aware always.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: pawanjain on July 24, 2021, 02:33:43 PM
It's good that you are seeing profits in your portfolio but how are you sure that the influencers you are following are credible ?
You said that you lost money when you started following influencers blindly but you are still continuing to do that.
Don't you think it would have been even better if you could have some how found a way to learn how to trade/invest from those credible influencers instead.
This way you wouldn't had to follow those credible influencers but instead follow their steps and additionally add your smartness into it to gain more profits.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Maslate on July 24, 2021, 03:08:53 PM

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


correct whatever it is as long as it's related to crypto business, never trust that there's no scam projects such on defi. Because scammer always find way to caught some victims.. So it's always good to make research first especially when it comes the team behind because that's the most important thing to choose a project and to avoid scamming.. Never ever rely on what you see around the internet because mostly people nowadays is promoting a bunch of scam projects. So be aware always.
Promoting scam or fake projects make the market becoming more risky. That rampant market promotions make also for the investors to give no trust for the new projects but instead keeping old coins. As we can see this time, most of the new projects never succeed, most of them just fail because of the lack of interest that investors have due to some negative expectations and doubts that these coins will be a scam or it will die.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: ipanks on July 24, 2021, 03:47:35 PM
We can have a different method to find a way in investing but you need to be careful if you want to follow Credible Experts as you say because we do not know much about them. I prefer to learn as much as I can and collect as much info from many sources to determine where the market will go. You do not need just to follow and accept the suggestion from the experts because they can not always be correct in the analysis. If you can get more info about the market situation and condition from many sources, it will help you decide.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: palle11 on July 24, 2021, 06:28:40 PM

Check its market volume, where it was listed, and sometimes we do some chart analysis to know if we are in the best position to buy.

Is good to look at market volume and others but we need to know that as far we talking about trading, it is win or lose and it loses we can't know when it will come or neither do we have control over it. This means some projects are merely pump and dump which is a reason we should take a risk we can bear when it fails. That is a more experienced advise we get from professional traders.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: DoublerHunter on July 24, 2021, 09:08:20 PM

Check its market volume, where it was listed, and sometimes we do some chart analysis to know if we are in the best position to buy.

Is good to look at market volume and others but we need to know that as far we talking about trading, it is win or lose and it loses we can't know when it will come or neither do we have control over it. This means some projects are merely pump and dump which is a reason we should take a risk we can bear when it fails. That is a more experienced advise we get from professional traders.
^ This commonly happens if you invested in a project that has a low volume in the market cap. It is very easy to manipulate the price that could be the result of pump and dump. This is a very risky investment since you don't know how long it will crash or it will pump but when you hit the jackpot and during that time the token you invested will suddenly be lost. If you intend to hold crypto for a long period of time, always choose those proven and tested and also have a high market volume coin, it sure you will never regret it if you invested BTC or even ETH.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: DibiaVxosis on July 25, 2021, 12:49:57 AM
4 years is really a long time frame for a person to start making profit from crypto, never a day have i ever followed an influencer option, well I only watch YouTube videos to build up my technical knowledge, which is I watch videos concerning technical analysis which makes me point out a good entry for a particular coin before it pumps. Well everybody with their own strategy I never participated in defi tho, been a trader and an investor, buy low and hodl for a long time frame.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: ReiMomo on July 25, 2021, 02:04:41 AM

As a beginner I was following all the Influencers blindly & lost all of my savings.


Mostly, all beginners tend to blindly invest in where either their friends invested in or where he is suggested of. Here they get stuck as the coin they invested in, may not be moving in the right right direction they expected. I know few friends, newly came in and invested into Wazrix when it was on its height. Yes they are at lose as of now. But i have suggested them to wait until market booms again.

Its good that you have learnt a lot to gain profits now. Your patience might have yielded the profit.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Cherylstar86 on July 25, 2021, 06:37:48 AM

As a beginner I was following all the Influencers blindly & lost all of my savings.


Mostly, all beginners tend to blindly invest in where either their friends invested in or where he is suggested of. Here they get stuck as the coin they invested in, may not be moving in the right right direction they expected. I know few friends, newly came in and invested into Wazrix when it was on its height. Yes they are at lose as of now. But i have suggested them to wait until market booms again.

Its good that you have learnt a lot to gain profits now. Your patience might have yielded the profit.
This commonly happens. Newbies needs to follow those people who are already immune to the things they need to do and follow their advices for them to learn. Some of the Newbies follow their friends on where they invest for them to gain. I guess having that experiences really help you to gain knowledge and learn something about these. It is not just following those influencers to gain profit, it is all about having your own strategies and techniques to avoid losing huge amount of money and having patience also research skills to know everything you encounter.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: michellee on July 25, 2021, 09:44:21 AM
Knowing the risk of investing will be important before you start investing because you will know how to prevent the risk from becoming bigger. We do not know where the market will go but if we know how to manage the risk, it will help us to know what we need to do. That is why you need to learn more about crypto before you invest in any project, including in the DeFi project, because out there, many DeFi projects attract you to invest with them but do not know how good their project is in the future.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Yamifoud on July 25, 2021, 01:56:39 PM

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.

Having a mentor that could seriously tell and guide us on what we have to do is very important on the stage that we are still learning. Learning from them is a huge investment on our part as we are also spending time with them and maybe some of us had to pay for their services. But then, it can't be all the time we rely on them. I mean we have to stand by our own feet to make our trading journey so realistic as we are personally making a decision, not the others.
Becoming an expert is a huge achievement that we might get but honestly, we could only just reach that if we are also able to reach it, and that means we have to work it hard and never stop from learning and gathering ideas.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: michellee on July 26, 2021, 09:40:12 AM
Knowing the risk of investing will be important before you start investing because you will know how to prevent the risk from becoming bigger. We do not know where the market will go but if we know how to manage the risk, it will help us to know what we need to do. That is why you need to learn more about crypto before you invest in any project, including in the DeFi project, because out there, many DeFi projects attract you to invest with them but do not know how good their project is in the future.
2017 hype on ICO we're too high before, if you were able to buy early in 2017 and sell before 2018 there can be a profit. But if you wait 4 years and didn't do anything with some top altcoins there there is a big profit with the difference of the price now. But if from some projects that are not able to recover from 2018 then it's a loss. It will depend on what project we invested in if it's not BTC.
Many ICO projects from 2017 can not rise in the next year or this year because the team is getting tired of seeing their token can not compete with the other. But if you can invest in the right project or the project has a big opportunity to become bigger in the future, you will make a big profit in the next. That is proved by this year where we see many altcoins can rise higher following bitcoin price. It will happen like this in the future, so we need to search for the right project to invest in our money.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on July 26, 2021, 07:44:49 PM
It's good that you are seeing profits in your portfolio but how are you sure that the influencers you are following are credible ?
You said that you lost money when you started following influencers blindly but you are still continuing to do that.
Don't you think it would have been even better if you could have some how found a way to learn how to trade/invest from those credible influencers instead.
This way you wouldn't had to follow those credible influencers but instead follow their steps and additionally add your smartness into it to gain more profits.

We must remember that influencers by their profession have to be polemic and they have to have extreme views, so it worries me the OP is still following influencers that he deems can be trusted, as you say how can you know that a influencer can be trusted when you do not have the knowledge to trade the markets by yourself and you do not know if you are receiving good advice or not? You cannot do that and by the time you develop your own skills in order to know this then you do not need those influencers on the first place.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: imstillthebest on July 26, 2021, 08:32:04 PM
sorry but it looks like you advertise your self or the website that you mention because you said follow credible experts and we assume that your already an expert because of that 4 year experience in your story . one thing that makes me question this is why will we rely on influencers or the experts  .
we have enough of elon musk  , dont add more . lets not let them dictate us and manipulate this entire market


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: tvplus006 on July 27, 2021, 10:30:47 AM
The resulting profit, which OP writes about, in my opinion is explained by the bull market, which may have already ended. There is nothing easier than to get a profit on the bull market, for this you need to buy a coin today and sell it the next day. And it's quite another thing to get a profit in such a market as now, when many have already lost part of their deposit.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: RealMalatesta on July 29, 2021, 10:21:56 AM
The first rug pull I had was fullsail finance, they were looking great and I invested 100 bucks into it, the promises of great features made me invest into it and thought they would actually end up doing them. However what really hurt was the fact that I turned that 100 bucks which I got in very very early, into 400+ dollars, so I had a chance to sell all my tokens and make 4x profit in less than a day because of how much hype it got. What happened? They rug pulled and now all of that worths just a few cents even if I could sell it, and I lost a good chunk there.

However if we consider Cake as DeFi as well, I have made my biggest profit there, I have really gotten into it at the greatest time, when it was around 2 dollars and that is the way I made my most profit. I also invested into algo stable coin SBDO as well, made a 8x profit from that, and then lost it all and got out at break even, didn't lose any money but didn't made any profits neither.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on July 30, 2021, 10:55:23 PM
The resulting profit, which OP writes about, in my opinion is explained by the bull market, which may have already ended. There is nothing easier than to get a profit on the bull market, for this you need to buy a coin today and sell it the next day. And it's quite another thing to get a profit in such a market as now, when many have already lost part of their deposit.
An interesting observation and I agree with it, many traders confuse their own skill with the movements of the markets themselves, everyone looks like a genius when the market can make 3 or 4 ATHs in a single week, that is the easiest thing in the world, but been able to pull profits when the market is going down and when the market is not moving much requires more talent and this is where most traders fail and they lose all the profits they accumulated during the bull market and in many cases they lose more than that.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: jossiel on July 30, 2021, 11:22:10 PM
Good thing, I don't invest in defis and if your story is true and you've lost most of your money from investing with those projects and following influencers blindly.

You're brave to get up and stand on your own. The lesson that you're sharing to everyone is important and if there's someone that won't listen to you and is standing on the same situation, he has to learn from you.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: goldade on July 30, 2021, 11:51:05 PM
I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?

Until one finds a credible influencer who only promotes viable projects, one would lose a lot of money trying to find out the best projects possible. 
The only other thing and it is the best thing actually is to be the expert. However, thise doesn't come on  a platter of gold. One would need to be determined to make the necessary time out to educate oneself on all there is to becoming an expert in recognising viable defi projects.
That way, you'd make the calls yourself and not wait for some influences.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Shasha80 on July 31, 2021, 12:58:11 AM
Good thing, I don't invest in defis and if your story is true and you've lost most of your money from investing with those projects and following influencers blindly.

You're brave to get up and stand on your own. The lesson that you're sharing to everyone is important and if there's someone that won't listen to you and is standing on the same situation, he has to learn from you.

I admit a lot of people lose money by following influencers blindly, and I'm lucky not to do that. Because when we decide to trade or invest, don't depend
on other people, because other people's predictions are not necessarily accurate. We must be able to do our own research and analysis, because indeed
we have to rely on our own abilities and knowledge to succeed in the crypto world. Then make the experience of others as a lesson for us, so as not
to make the same mistakes. Regarding DeFi investment, I don't do the same as you, because for me the DeFi project is very risky for investment.
I prefer investing in popular coins, such as Bitcoin and Ethereum, which are proven to be safe and can generate large profits.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Mpamaegbu on July 31, 2021, 04:18:17 AM
Share Name of Influencer That you feel is shady?
You will also be doing the influencer(s) you've picked as credible some good and aiding this community if you shared their names or channels too. Good things need appreciation so as to suppress evil. It's a way of shaming and avoiding the scammers amongst the influencers. For me, I like to listen to Bithoy Crypto on YouTube. I try as much as I can to hodl firm to any token I have that he promotes. His calls have been tremendous.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Bitcoin Seller on July 31, 2021, 05:44:50 AM

What was your first DEFI Coin?
Did you got rug pulled?


I have a similar story. Mostly I fall back on different crypto bloggers as I consider them to be more experienced in this than me. But I think that it comes with time that you start understanding which project is worth attention and which one is not. The first my defi coin was Titan. I invested in Iron finance, but fortunately I managed to sell off before this big crash, so I earned there instead of losing.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: tvplus006 on July 31, 2021, 08:49:06 AM
...I prefer investing in popular coins, such as Bitcoin and Ethereum, which are proven to be safe and can generate large profits.

I do not encourage you to change coins for investing, because many also adhere to this strategy. But it has long been noticed that the greatest profit is brought by new altcoins, which after pumping grow in price by hundreds and thousands of percent. Thus, you can subsequently transfer all the profit received from trading altcoins to BTC.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: isaac_clarke22 on July 31, 2021, 07:48:00 PM
~
Not really a fan of paying someone to mentor me, unless there is a fellow friend of mine that is willing to.
Pretty much all the resources out there are already free and it is just one search away most of the time. When I day traded,  I just watched Youtube to learn the ropes and every basic indicators in Binance.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Rengga Jati on July 31, 2021, 09:10:42 PM
I do not encourage you to change coins for investing, because many also adhere to this strategy. But it has long been noticed that the greatest profit is brought by new altcoins, which after pumping grow in price by hundreds and thousands of percent. Thus, you can subsequently transfer all the profit received from trading altcoins to BTC.
This is indeed very profitable. Especially now there are many types of tokens this type in Pancakeswap and the price soars high when newly listed in other exchanges.
However, Altcoins this type is also very risky if we don't know which coins will really pump, or we are at the wrong moment when buying and selling them. For professional traders or those who have experienced or at least have experience in coins like this, it's not wrong, the benefits really multiply.
However, for Newbies who only follow it or do not really understand, then this will be very risky, especially they might not know when the right time to buy and take profits, or even Malaha choose Shitcoins.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Ryker1 on July 31, 2021, 09:46:41 PM
~
Not really a fan of paying someone to mentor me, unless there is a fellow friend of mine that is willing to.
Pretty much all the resources out there are already free and it is just one search away most of the time. When I day traded,  I just watched Youtube to learn the ropes and every basic indicators in Binance.
Well, that is the same with me --all my resources in searching strategies and techniques towards trading are on Youtube video which is very accurate and easy to understand. Until such day I realized that investing in altcoins is very risky and sometimes it will become shitcoins and furthermore, altcoins was followed to the bitcoin price movement. So it is a better shot if you spare a large allocation as your investment in bitcoin because it will surely give a better profit when it is pumped up. For now, divert all my altcoin to bitcoin.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Boov on July 31, 2021, 09:47:24 PM
I do not encourage you to change coins for investing, because many also adhere to this strategy. But it has long been noticed that the greatest profit is brought by new altcoins, which after pumping grow in price by hundreds and thousands of percent. Thus, you can subsequently transfer all the profit received from trading altcoins to BTC.
This is indeed very profitable. Especially now there are many types of tokens this type in Pancakeswap and the price soars high when newly listed in other exchanges.
However, Altcoins this type is also very risky if we don't know which coins will really pump, or we are at the wrong moment when buying and selling them. For professional traders or those who have experienced or at least have experience in coins like this, it's not wrong, the benefits really multiply.
However, for Newbies who only follow it or do not really understand, then this will be very risky, especially they might not know when the right time to buy and take profits, or even Malaha choose Shitcoins.

Certainly, I myself undergone being a newbie but everything in trading went unfortunate for me because of less knowledge and skills. Within 4 years of existence in crypto, long term will be the best I can suggest along the ways of this trading career; and you'll always safe on that matter. Shitcoin indeed, did a regretful situation for me when I failed to decide quick of dumping them but I needed to push back and move on for better.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Karish2return on August 01, 2021, 09:43:27 AM
This is trading and in tradin there will be some loss as well as profit too, the main thing is that how can you deal it even when you got profit and when you will in loss. You have to analyze the cloin first by yourself and then listen to others, which in fact can give you much benefit.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: CryptopreneurBrainboss on August 01, 2021, 10:51:26 AM
Good thing, I don't invest in defis and if your story is true and you've lost most of your money from investing with those projects and following influencers blindly.

That's the problem, traders don't invest they trade. Any trader that knows what he's doing should have gone out of the market when the signals started showing of a downward movement for defis but many didn't. They got caught up with the whole hype surrounding Defi and didn't want to miss out which turned them into investors. Funny thing is they couldn't hold for the market to recover so they sold in losses inorder to prevent further losses instead of just holding. Those who held later got rewarded but those would couldn't lost heavily.

As a traders what you're after is the profit not minding what the project is working on which is why traders could easily profit form any trend before it crashes but this is a risky way of trading which if you don't have the experience you shouldn't involved yourself. Stick to trading project with fundamentals until you're sure you can do well in the new trends that can be very volatile. Many traders profit from the Defi hypes, especially if you use the strategy of trading newly listed Defi related projects on well known exchanges like Binance or buying before the news git announced.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Yatsan on August 01, 2021, 06:52:15 PM
At first, before doing any engagement specially if you were just new into the subject you are pertaining with and you do not have prior knowledge to start with, you must concentrate first on doing background research before taking risky actions just to test out what will happen if you do such thing. Maybe on luck you can gain something but that does not happen most of the time. The main intervention to avoid losses and anticipate things to be done is to be knowledgeable first before doing any actions so that you can be able to think what are you supposed to do to handle things out and not just moving by guts.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Shasha80 on August 01, 2021, 10:25:43 PM
...I prefer investing in popular coins, such as Bitcoin and Ethereum, which are proven to be safe and can generate large profits.

I do not encourage you to change coins for investing, because many also adhere to this strategy. But it has long been noticed that the greatest profit is brought by new altcoins, which after pumping grow in price by hundreds and thousands of percent. Thus, you can subsequently transfer all the profit received from trading altcoins to BTC.

Thank you for the advice, I also know that trading new altcoins can indeed generate big profits. Because often new altcoins when they enter
the exchanges will be pumped up until the price soars very high. But the risk is too big for me, because if we sell the altcoins too late, we will be
stuck for a long time. Based on my experience, new altcoins whose prices fall, take a very long time to recover.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: tvplus006 on August 02, 2021, 10:34:29 AM
Thank you for the advice, I also know that trading new altcoins can indeed generate big profits. Because often new altcoins when they enter
the exchanges will be pumped up until the price soars very high. But the risk is too big for me, because if we sell the altcoins too late, we will be
stuck for a long time. Based on my experience, new altcoins whose prices fall, take a very long time to recover.

To prevent this from happening, it is recommended to put a stop loss. This way you will limit the possible loss if the price moves in the opposite direction. It is better to fix the loss immediately than to wait for several years when the price will return to its previous values)


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: jossiel on August 02, 2021, 10:42:10 AM
Good thing, I don't invest in defis and if your story is true and you've lost most of your money from investing with those projects and following influencers blindly.

You're brave to get up and stand on your own. The lesson that you're sharing to everyone is important and if there's someone that won't listen to you and is standing on the same situation, he has to learn from you.

I admit a lot of people lose money by following influencers blindly, and I'm lucky not to do that. Because when we decide to trade or invest, don't depend
on other people, because other people's predictions are not necessarily accurate. We must be able to do our own research and analysis, because indeed
we have to rely on our own abilities and knowledge to succeed in the crypto world. Then make the experience of others as a lesson for us, so as not
to make the same mistakes. Regarding DeFi investment, I don't do the same as you, because for me the DeFi project is very risky for investment.
I prefer investing in popular coins, such as Bitcoin and Ethereum, which are proven to be safe and can generate large profits.
Reading the experience of others, made me not follow that type of strategy of following influencers blindly. And just like those influencers, we also know if we're doing research for our investments in cryptocurrencies.

Good thing, I don't invest in defis and if your story is true and you've lost most of your money from investing with those projects and following influencers blindly.

That's the problem, traders don't invest they trade. Any trader that knows what he's doing should have gone out of the market when the signals started showing of a downward movement for defis but many didn't. They got caught up with the whole hype surrounding Defi and didn't want to miss out which turned them into investors. Funny thing is they couldn't hold for the market to recover so they sold in losses inorder to prevent further losses instead of just holding. Those who held later got rewarded but those would couldn't lost heavily.

As a traders what you're after is the profit not minding what the project is working on which is why traders could easily profit form any trend before it crashes but this is a risky way of trading which if you don't have the experience you shouldn't involved yourself. Stick to trading project with fundamentals until you're sure you can do well in the new trends that can be very volatile. Many traders profit from the Defi hypes, especially if you use the strategy of trading newly listed Defi related projects on well known exchanges like Binance or buying before the news git announced.
They cannot control their emotion if they're selling at losses. Those traders still need to gain experience so they can easily control and manage their emotions if they don't like what's happening with the market.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Kittygalore on August 02, 2021, 11:10:34 AM
To every newbie newbies out there that are shilling their sites, this is how you do it, you make a very intriguing title that makes the user wanting to know what's behind the title. Regarding OP's question about shady influencers, my answer to that is that every influencer is shady, I mean it's in their title already which is influencer meaning that they can move markets if they have enough follower so yes I do believe that every influencer is shady.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Clavulanic on August 02, 2021, 11:57:47 AM
Those were part of the challenges in crypto, and 4 years I think is enough for us to become more mature specially on experiences that made us more stronger.
Don't take it as discouragement, but rather a tool for us to grow more desirable and motivational building on our well being towards every trading circumstances. We can't expect all great things to remain constant, there are times we also need to consider failures because it made us definite skills and knowledge.
Having satisfaction with our profit, and avoiding greed could help us move forward in trading together with positivity.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Shasha80 on August 03, 2021, 02:42:18 AM
Thank you for the advice, I also know that trading new altcoins can indeed generate big profits. Because often new altcoins when they enter
the exchanges will be pumped up until the price soars very high. But the risk is too big for me, because if we sell the altcoins too late, we will be
stuck for a long time. Based on my experience, new altcoins whose prices fall, take a very long time to recover.

To prevent this from happening, it is recommended to put a stop loss. This way you will limit the possible loss if the price moves in the opposite direction. It is better to fix the loss immediately than to wait for several years when the price will return to its previous values)

Using the stop-loss feature is very useful to minimize the losses that we will experience, therefore it is highly recommended every time we trade using
the stop-loss feature. I agree it's better for us to suffer losses that are not too big, rather than having to wait a long time for coins to recover.
Even though I've also experienced the benefits of the stop-loss feature, it's still the name of having a loss that makes us upset and stressed.
That's why I prefer trading popular coins, which don't take too long to recover.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: isaac_clarke22 on August 03, 2021, 08:44:25 AM
~
Just stick with it as much as you can. When I choose coins to trade back in the days, I didn't go way below top 10 in CoinMarketCap. Quite limited of my choices, but it is better to be safe than sorry.
I never did try to use stop-loss back in that day, but by just reading around the forum it helped me understand how literally it can help one to manage in bearish times.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Shasha80 on August 04, 2021, 11:01:03 PM
~
Just stick with it as much as you can. When I choose coins to trade back in the days, I didn't go way below top 10 in CoinMarketCap. Quite limited of my choices, but it is better to be safe than sorry.
I never did try to use stop-loss back in that day, but by just reading around the forum it helped me understand how literally it can help one to manage in bearish times.

Limiting yourself when trading by only choosing the top 10 coins in coinmarketcap is something that must be done. That's the safest way to trade that
I can think of for now, because we know the top 10 coins have a high demand. So it will be very easy for coins that are included in the top 10 to
recover quickly, meaning that our chances of getting profit are also greater, if trading with coins that are included in the top 10. Regarding
the stop-loss feature, it has been discussed a lot in this forum, so you will quickly realize the importance of the stop-loss feature in trading,
if you are diligent in reading and active in this forum.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Quidat on August 04, 2021, 11:14:41 PM
~
Just stick with it as much as you can. When I choose coins to trade back in the days, I didn't go way below top 10 in CoinMarketCap. Quite limited of my choices, but it is better to be safe than sorry.
I never did try to use stop-loss back in that day, but by just reading around the forum it helped me understand how literally it can help one to manage in bearish times.
Reading off other experiences in trading or investment would really be helping you out but not necessarily for you to follow but at least you are aware on whats happening around and possible
actions to be made neither it is your own choice or basing with the things that you had able to read up. Investment decisions will vary from person to person
If you do make profits then thats good but if you lost then thats part of the risk.Thing here is that you dont easily give up and finding ways to make
yourself even way more better.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: AliMan on August 04, 2021, 11:59:21 PM
Those were part of the challenges in crypto, and 4 years I think is enough for us to become more mature specially on experiences that made us more stronger.
Don't take it as discouragement, but rather a tool for us to grow more desirable and motivational building on our well being towards every trading circumstances. We can't expect all great things to remain constant, there are times we also need to consider failures because it made us definite skills and knowledge.
Having satisfaction with our profit, and avoiding greed could help us move forward in trading together with positivity.

It's so easy to say or give a words of encouragement to a person who you didn't personally knew, specially in way that every person here who share thoughts were anonymous.
We can't control greed when there's a burning faith within us that we're going to earn more and yet having positivity didn't go well during crashes happened.
Let's be realistic here now, and don't ever panic when downfall happens, because 4 years of trading I think we will be able to establish strong foundation instead of quitting from crypto.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on August 05, 2021, 07:40:47 PM
Good thing, I don't invest in defis and if your story is true and you've lost most of your money from investing with those projects and following influencers blindly.

You're brave to get up and stand on your own. The lesson that you're sharing to everyone is important and if there's someone that won't listen to you and is standing on the same situation, he has to learn from you.
You are doing the correct thing, many people get too excited with new ideas that on the surface look great but at the end of the day are going to give them losses, the problem with this is that your capital is not infinite so if you invest in those projects then there is going to be a very high chance that you are going to lose your money and then once you learned your lesson it is going to be too late and you are going to be unable to invest in projects that are worth your time.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Rengga Jati on August 05, 2021, 11:36:55 PM
-snip-
Certainly, I myself undergone being a newbie but everything in trading went unfortunate for me because of less knowledge and skills. Within 4 years of existence in crypto, the long term will be the best I can suggest along with the ways of this trading career; and you'll always safe on that matter. Shitcoin indeed, did a regretful situation for me when I failed to decide quickly to dumping them but I needed to push back and move on for better.
Well yeah, everyone has their own way to take the profits. Learning by experience is the best. You must have met your best strategy to take profits in crypto...It is better to find out and understand what is really good for us than only following others to do the same. Because sometimes, it actually does not really fit us.
                           
I cannot say that trading like this is the most profitable, or daytrade is the most profitable or even holding is the most profitable. because sometimes, each strategy will fit someone but not for others.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on August 09, 2021, 09:10:39 PM
...I prefer investing in popular coins, such as Bitcoin and Ethereum, which are proven to be safe and can generate large profits.

I do not encourage you to change coins for investing, because many also adhere to this strategy. But it has long been noticed that the greatest profit is brought by new altcoins, which after pumping grow in price by hundreds and thousands of percent. Thus, you can subsequently transfer all the profit received from trading altcoins to BTC.
It is true that altcoins with lower market caps can be way more profitable than bitcoin and ethereum but the risk that you are taking is many times larger as well, if you have the ability to identify those coins before they go up in value and reduce your risk then those coins are great assets to invest in, but for the rest of us that are unable to do anything like this it is best to play it safe and remain invested in bitcoin and ethereum.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: tvplus006 on August 10, 2021, 08:53:10 AM
It is true that altcoins with lower market caps can be way more profitable than bitcoin and ethereum but the risk that you are taking is many times larger as well, if you have the ability to identify those coins before they go up in value and reduce your risk then those coins are great assets to invest in, but for the rest of us that are unable to do anything like this it is best to play it safe and remain invested in bitcoin and ethereum.

In this case, it is not necessary to guess with a new coin for investment, because any coin with a small capitalization in the future will give a greater profit than BTC and ETH. To do this, you need to monitor the dominance of BTC and if we see it growing by 1%, then we can expect that the price of altcoins will decrease by 10%. And, accordingly, vice versa...


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: breathlessz on August 10, 2021, 03:37:59 PM
It is true that altcoins with lower market caps can be way more profitable than bitcoin and ethereum but the risk that you are taking is many times larger as well, if you have the ability to identify those coins before they go up in value and reduce your risk then those coins are great assets to invest in, but for the rest of us that are unable to do anything like this it is best to play it safe and remain invested in bitcoin and ethereum.

In this case, it is not necessary to guess with a new coin for investment, because any coin with a small capitalization in the future will give a greater profit than BTC and ETH. To do this, you need to monitor the dominance of BTC and if we see it growing by 1%, then we can expect that the price of altcoins will grow by 10%. And, accordingly, vice versa...
I have not tried such a strategy. indeed when viewed when bitcoin goes down, altcoins experience a sharper decline, but indeed when bitcoin goes up, not all altcoins will follow it. therefore I think we should be able to find altcoins like you mean.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: dezoel on August 10, 2021, 06:04:29 PM
What you have said is the normal step that everyone should take. People who take decisions without looking into them properly would usually end up regretting the decisions they have made, so it’s very important to always make that you’re doing your research to verify that the information you’re getting is as accurate as possible. And of course you should be sure that the influencer you are following actually knows what they are doing.

If it is possible you should check their portfolio and see if they are really what they are claiming to be or they are just some fake parading themselves as professionals in the field.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Mahanton on August 10, 2021, 09:57:42 PM
It is true that altcoins with lower market caps can be way more profitable than bitcoin and ethereum but the risk that you are taking is many times larger as well, if you have the ability to identify those coins before they go up in value and reduce your risk then those coins are great assets to invest in, but for the rest of us that are unable to do anything like this it is best to play it safe and remain invested in bitcoin and ethereum.

In this case, it is not necessary to guess with a new coin for investment, because any coin with a small capitalization in the future will give a greater profit than BTC and ETH. To do this, you need to monitor the dominance of BTC and if we see it growing by 1%, then we can expect that the price of altcoins will grow by 10%. And, accordingly, vice versa...
I have not tried such a strategy. indeed when viewed when bitcoin goes down, altcoins experience a sharper decline, but indeed when bitcoin goes up, not all altcoins will follow it. therefore I think we should be able to find altcoins like you mean.

Everything is random when it comes to those altcoins who do follow bitcoin trend even top altcoins wouldn't guarantee that it would follow on where bitcoin it is heading but rather or neither do stay
or would go to the opposite path which does  signify that everything do really depends on the market demand or by people.If you do make out  profits no matter what kind of strategy you do have
then it would really be always consider to be good because not all would really be  that good when it comes to handling out their investment and do still end up on holding and some do even loss.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: leea-1334 on August 11, 2021, 07:35:59 AM
I already invested in scam projects and already experienced a lot of rugged pulls which makes me sad and thinking of quitting investing any more in a newly created project but it made me realized that what will I am going to do if I will stop trading, I won't be rich if I will still rely on my main source of income, so as of now I am still investing and most of the time scalping thankfully it gives me good income.

Then at least learn your lessons,,, do not stop crypto but sit carefully and ask yourself what you want out of this.

If it is financial freedom and a chance to be part of the new world of crypto, then stick to Bitcoin and stop trading,,, invest what you can and when you can, learn to use Bitcoin and not just trade it.

And get another job:)


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: airdata on August 11, 2021, 09:42:37 AM
I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Everyone makes this mistake, not only you becouse beginner can't understand that what is correct and what is wrong, their aim is just make money from crypto,  so they Believes easily the other person.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: killerman2 on August 12, 2021, 10:33:50 AM
As you have made many mistakes like investing in the coins without being knowing their strategies and not analyzing the coins at all which is the most important thing in trading and secondly you were in a hurry like not having patience but you know really well that how much patience is important in trading.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Adorald on August 13, 2021, 05:21:04 AM
It can be seen that the correct approach was probably chosen for his opinion in order to trade, but patience and perseverance sometimes give a good result


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: lablab03 on August 13, 2021, 10:04:30 AM
It's pretty easy to explain. Traders trite believe that they can make money in this way. After all, they see that someone was able to make money, and they think that they themselves can do the same.
its because of doubts? I know it's, coz they just relying of the results of other people when it comes such manner. Which they don't have their own way to make their life easier on the space, like when trading and especially making investment.. If they saw people who suffer due to making mistakes they are hopeless as well.. Lmao  lazy people always a loser. As the matter of fact its their choice, so we don't have rights to correct them.. We need to let them realise their mistakes because on that way maybe they all can get a lessons afte all.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: kumala_abi on August 13, 2021, 04:26:09 PM
for the past four years, the market has been in a sluggish condition, and until now the market has only reacted. I salute your persistence, where but patient to wait for the target for 4 years. the thing we can learn is that investing like this, we have to be patient waiting to make a profit when the bullrun occurs. besides that we are taught to get out of the market before the peak occurs, because otherwise the market will go back down and we will not know how long we will wait


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: lixer on August 13, 2021, 04:38:41 PM
What was your first DEFI Coin?
Did you got rug pulled?
I have started investing into crypto 8 years ago, and my first ever "profit" from investment was just a few months ago, it was a huge profit as well so I am happy (spent it all already) but at least I made it. I never saw crypto as something to invest, I saw it as a new method of "money" and that's about it, just like how I do not "trade to earn more dollars" because there are people who do that but not majority of people who use dollars made that by trading, they worked for it.

Same goes for me, I work for my crypto, and that's about it, then I cash that out and spend it on my monthly expenses to survive and live, pay for my food and bills and stuff.

Trading or investing was something I did small time because I didn't believe that I could do that, I always did it on very small scale, from 100-1000 dollar levels, but for the first time ever I started doing it on early 2021 like January or early February, and I made a very good amount until May. And very lucky that I sold mine on 1st of May to go into another thing.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Golftech on August 13, 2021, 04:44:50 PM
It's pretty easy to explain. Traders trite believe that they can make money in this way. After all, they see that someone was able to make money, and they think that they themselves can do the same.
its because of doubts? I know it's, coz they just relying of the results of other people when it comes such manner. Which they don't have their own way to make their life easier on the space, like when trading and especially making investment.. If they saw people who suffer due to making mistakes they are hopeless as well.. Lmao  lazy people always a loser. As the matter of fact its their choice, so we don't have rights to correct them.. We need to let them realise their mistakes because on that way maybe they all can get a lessons afte all.

Let them realize but  if there's a way of reminding them better to do so, lots of lazy investors made this same

mistake over and over without realizing the main factors on why they are losing their money. giving them piece

of advise will give them reasons to think about it and try to change something for their benefits.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: LimLims on August 13, 2021, 05:23:34 PM
First, you should listen to yourself and then other people because you should learn from yourself more and get the profit otherwise they have paid project and paid groups. So, read about the coins first and analyzed them if you want to get profit.

Yes that is one side of the trading industry and i too admit it.
But there is also some positive aspects in this particular field.
If you want a steady profit and yes this will be small, then join some paid groups.
I know as a beginner it’s hard to join paid groups , so you can join twitter free signals.
This will not keep you wait for long time and will yield you quick profits.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: zanezane on August 13, 2021, 05:31:35 PM
It sure took you a long time to make a profit, never expected that, unless you made a pact with yourself that you are going to hodl for a long time that is but it seems that you didn't and it's a series of unfortunate events for you with those rug pulls and shit projects, you could've made a lot of money if you have stick to bitcoin.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on August 13, 2021, 11:21:44 PM
I already invested in scam projects and already experienced a lot of rugged pulls which makes me sad and thinking of quitting investing any more in a newly created project but it made me realized that what will I am going to do if I will stop trading, I won't be rich if I will still rely on my main source of income, so as of now I am still investing and most of the time scalping thankfully it gives me good income.
That happens to a lot of people and in a way it is just the price you need to pay to invest in those coins, however if the only thing you have gotten are bad results maybe it is time to rethink your strategy, I know that a lot of people do not like the idea of investing in bitcoin because they know they will never obtain the profits they can with other coins, but you could think of your investment in bitcoin as a retirement account and in 20 or 30 years it will be more than enough to retire comfortably.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: TelolettOm on August 13, 2021, 11:46:47 PM
Really glad to know this.
Investing 4 years ago may be at a bearish time. You should have got big profits. And taking profit when it has at least reached the target price is wise enough. Sometimes, we need to invest in the long term, but how long we are investing will also depend on our condition.
And using the money to invest again in other coins should be smart and wise enough.
You can use not the whole money but maybe only with the profits that you take. Then, using it to invest in the trusted and reputable coins. If it is about Def, ensure you are not following the hype.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: jossiel on August 14, 2021, 09:07:49 AM
It can be seen that the correct approach was probably chosen for his opinion in order to trade, but patience and perseverance sometimes give a good result
Patience in a way that you know also when to sell.

If you're just patient but without action and knowing when it is exactly good time to sell, your patience won't be used that much.

But if you know how to apply it properly and it's in the nature of yours then you'll really meet those results and profits.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: molsewid on August 14, 2021, 12:18:18 PM
Really glad to know this.
Investing 4 years ago may be at a bearish time. You should have got big profits. And taking profit when it has at least reached the target price is wise enough. Sometimes, we need to invest in the long term, but how long we are investing will also depend on our condition.
And using the money to invest again in other coins should be smart and wise enough.
You can use not the whole money but maybe only with the profits that you take. Then, using it to invest in the trusted and reputable coins. If it is about Def, ensure you are not following the hype.

I've met many traders and investors of cryptocurrency today which was a 4 year old traders and now they were doing great in their life and continuously educating their selves about cryptocurrency. To be honest reading this thread I get inspired I mean the patient that OP has instill in himself while dealing in this platform for long time ago and only had take a profit recently is amazing. But there's a lesson that I've learned from this thread is that never be one of those people used to invest in a token because of the hype, learn to educated yourself about the project.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Kong Hey Pakboy on August 14, 2021, 12:39:55 PM
It can be seen that the correct approach was probably chosen for his opinion in order to trade, but patience and perseverance sometimes give a good result
Patience and perseverance always gives good results. I mean OP should've learned not to easily trust stuff online especially crypto, OP had experienced 3 rug pulls, meaning that OP was a bit on the stubborn, gullible and stupid side because 1 rug pull should be enough to have a lesson learned type of catharsis.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Cling18 on August 14, 2021, 01:17:10 PM
Bitcoin is good for long-term hold and you can't get profit out of it instantly. You wouldn't just need capital but you also have to store lots of patience and well-prepared emotions for it. If you would invest with Bitcoin, expect that you'll wait for months or even years before you reach your desired profit. It couldn't make you rich instantly.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on August 18, 2021, 08:15:47 PM
Bitcoin is good for long-term hold and you can't get profit out of it instantly. You wouldn't just need capital but you also have to store lots of patience and well-prepared emotions for it. If you would invest with Bitcoin, expect that you'll wait for months or even years before you reach your desired profit. It couldn't make you rich instantly.
Like always it depends, those that were smart enough to invest during the pandemic did not really had to wait anything to get profits as they did it almost immediately, however those that decided to invest at the end of 2017 or at the top of the market that we experimented during this year probably are going to have to wait for years and that is just to breakeven, however it can be done and if you want to obtain profits then you must hold your coins for the long term otherwise you're going to become just another trader or investor that came to this market with delusions and lost their money in the process.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Woodie on August 18, 2021, 08:26:38 PM
The thing about following credible sources for which project to invest in is some projects will get these guys to be advisors which paints a picture of that project being good when in fact not.
These guys when paid a few pieces of silver can mislead the masses and you need to take their advise with caution which is why they always put disclaimers when introducing projects they consider to be good. But still it's a good strategy to catch good coins but not just foolproof.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Anamika1000 on August 20, 2021, 03:42:44 PM
I think you had made some mistakes like not waiting for the coins and in trading, I would prefer everyone that patience is very necessary. Some people think that trading is a game but in my sense it is business. And a business without patience can never be done. So, it may be due to some of your mistakes. Try again with small capital.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: RokokGudangGaram on August 20, 2021, 04:56:23 PM
Bitcoin is good for long-term hold and you can't get profit out of it instantly. You wouldn't just need capital but you also have to store lots of patience and well-prepared emotions for it. If you would invest with Bitcoin, expect that you'll wait for months or even years before you reach your desired profit. It couldn't make you rich instantly.
Like always it depends, those that were smart enough to invest during the pandemic did not really had to wait anything to get profits as they did it almost immediately, however those that decided to invest at the end of 2017 or at the top of the market that we experimented during this year probably are going to have to wait for years and that is just to breakeven, however it can be done and if you want to obtain profits then you must hold your coins for the long term otherwise you're going to become just another trader or investor that came to this market with delusions and lost their money in the process.

I totally agree with you. Every investor has a different experience, and the success would be highly influenced to the external factors like the environment, trends and even the timing when investments will be made. Cryptocurrency is among the riskiest market so every investor or trader must be ready to continuously learn, have patience and thoroughness in making decisions.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on August 22, 2021, 10:33:38 PM
Bitcoin is good for long-term hold and you can't get profit out of it instantly. You wouldn't just need capital but you also have to store lots of patience and well-prepared emotions for it. If you would invest with Bitcoin, expect that you'll wait for months or even years before you reach your desired profit. It couldn't make you rich instantly.
Like always it depends, those that were smart enough to invest during the pandemic did not really had to wait anything to get profits as they did it almost immediately, however those that decided to invest at the end of 2017 or at the top of the market that we experimented during this year probably are going to have to wait for years and that is just to breakeven, however it can be done and if you want to obtain profits then you must hold your coins for the long term otherwise you're going to become just another trader or investor that came to this market with delusions and lost their money in the process.

I totally agree with you. Every investor has a different experience, and the success would be highly influenced to the external factors like the environment, trends and even the timing when investments will be made. Cryptocurrency is among the riskiest market so every investor or trader must be ready to continuously learn, have patience and thoroughness in making decisions.
This is why your entry pointy is so critical, if you choose a period of time when the price is already too high then the amount of time you are going to need to wait to invest in bitcoin is simply too long but if you choose a period of time in which the price is low and the confidence in the market is low as well then that is when you can make profits almost immediately as the market eventually reacts and begins to go up once again, but most investors unfortunately are unaware of this simple truth.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: harapan on August 22, 2021, 11:13:54 PM
The title is really surprising, 4years is quite a long time for you to know that you should do a research before of buying any coin, but it's good that you have recently started getting some profits from your investment, maybe if you stopped following those paid shill influencers earlier you would have started making profits before now, cause those guys don't care about your portfolio or who follows their shitty talks, also have never lost my money to any DeFi rug pull, prolly because I don't really rush to invest in all these new projects coming out everyday.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Ebede on August 23, 2021, 05:38:39 AM
I think why do get issues for investment is that we don't research before investing, at least any altcoins investment we have to make a research of the coin first, and also long time investment gives profit only if the coin in question been listed in good exchange, at least investing in a coin that has name will be more of advantages than a coin that is under hypothesis, because some of the projects just give off along the way of investing, so if such happens the capital for the investment has wiped away.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: SirLancelot on August 23, 2021, 05:29:42 PM
The title is really surprising, 4years is quite a long time for you to know that you should do a research before of buying any coin, but it's good that you have recently started getting some profits from your investment, maybe if you stopped following those paid shill influencers earlier you would have started making profits before now, cause those guys don't care about your portfolio or who follows their shitty talks, also have never lost my money to any DeFi rug pull, prolly because I don't really rush to invest in all these new projects coming out everyday.
Yeah, it's unfortunate that he was under the influence of these fake influencers but I think he's not the only one. At least good that he's out now. I can't imagine how many people are making the same mistake because it's evident from the Elon Musk tweets and the craziness that follows those tweets. Once he makes any tweet, people put their brains aside and start following the move no matter if it even makes sense.

If anything, this shows how many people are reliant on others and these influencers. It's best to make your own decisions and at least don't regret if they go wrong.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: South Park on August 26, 2021, 11:10:13 PM
The title is really surprising, 4years is quite a long time for you to know that you should do a research before of buying any coin, but it's good that you have recently started getting some profits from your investment, maybe if you stopped following those paid shill influencers earlier you would have started making profits before now, cause those guys don't care about your portfolio or who follows their shitty talks, also have never lost my money to any DeFi rug pull, prolly because I don't really rush to invest in all these new projects coming out everyday.
If you begin to think about it you will realize that it is not as surprising as it may seem at first sight, we need to remember that many people bought their coins at the end of 2017 when the price of every single coin was very high, and if a few of those coins in which they invested disappeared while the rest went down in value then it makes sense that they needed to wait until bitcoin surpassed by a lot its previous all time high before they could begin to see some profits, now the key is to keep holding those coins and avoid getting out of this market because I think that the bull run is just starting.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Quidat on August 26, 2021, 11:21:42 PM
The title is really surprising, 4years is quite a long time for you to know that you should do a research before of buying any coin, but it's good that you have recently started getting some profits from your investment, maybe if you stopped following those paid shill influencers earlier you would have started making profits before now, cause those guys don't care about your portfolio or who follows their shitty talks, also have never lost my money to any DeFi rug pull, prolly because I don't really rush to invest in all these new projects coming out everyday.
If you begin to think about it you will realize that it is not as surprising as it may seem at first sight, we need to remember that many people bought their coins at the end of 2017 when the price of every single coin was very high, and if a few of those coins in which they invested disappeared while the rest went down in value then it makes sense that they needed to wait until bitcoin surpassed by a lot its previous all time high before they could begin to see some profits, now the key is to keep holding those coins and avoid getting out of this market because I think that the bull run is just starting.
I have lots of coins sitting idle on my Myetherwallet and most of them turns out to be dead already but there are still some coins who do make out some pumps and significant price rise
which i do end up on getting some profits unexpectedly and i could tell to myself that i was lucky that i do able to buy this coin when its still cheap even though it did really
take some couple of years before it did really become valuable. Most of the time it would really be requiring some mix of luck  on crypto investment specially
if we do talk about random pumps.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Karish2return on August 27, 2021, 09:27:14 AM
Trading needs much knowledge as it is the way of earning, and earning didn't come without struggling and experience, You have to be expert in trading in order to earn something and get the profit, for which you need concentration and enough money for trading. But the main point is of patience which is a part of best trading as well.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Hobo66 on September 26, 2021, 02:46:22 PM
To be successful in trading, you must join that platform and should invest in the coin which has a strong foundation and basement. It will definitely give you advantages. You must know about its strategies, rules, about the team and so many other things which are necessary for the success in trading. If you didn't get benefit in  four years, then it's mean that either you don't know about trading or you have selected the coin of worst background


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: retreat on September 26, 2021, 04:49:02 PM
<...>

Yes, investing in very early projects is like high risk high reward on steroids; even riskier than investing in the sort of "reputable" cryptocurrencies. Hence why investing in early projects(regardless if crypto or not) isn't recommended unless you really know how to do deep research and have deep pockets.
invest in the initial project the stakes are big, mentally must be really ready to lose. 80% of the projects that I participated in at the early, ended up being scams and made me lose, the majority were Defi projects. much better to invest only in "reputable" cryptocurrencies.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Mauser on April 26, 2022, 11:55:34 AM
That's a great success story, I am really happy for you that you managed to turn around your trading results. For me trading was one of the hardest things I got into and I lost countless times money in the past. After so many bad trades I think now it's just part of the game when being a beginner. For me the problem was being too optimistic, I tend to focus stronger on the good possible outcomes instead of the high risk scenario. You maybe also had some luck last year with the general market direction, but that's part of the game. Only when you are invested you can profit of the market. I really like how much you learned in the last few years. That's probably the most important trait of a successful trader, to learn from past mistakes and to not repeat them.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: slaman29 on April 26, 2022, 12:58:11 PM
In my own opinion this is a verg good topic, it will enlighten most people who are lazy to make their own research rather prefer to follow someone else.

Just like the lazy guys who go to get old posts and respond to them?  ;D


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Benefactor on May 06, 2022, 01:20:33 PM
I accept that following individuals could cause more damage than great to you since you may not have the foggiest idea about the explanation an exchange is made. Learning is difficult however we need to cautious with it. A task might be on a very basic level solid however it should likewise have great measurements and specialized viewpoints to find true success.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Xampeuu on May 06, 2022, 02:35:46 PM
Patience is the main key in investing, as long as the object we invest in is correct, then there is no need to worry about waiting for it, even for years, as you do. it should be like that, not an investment that just wants to get a quick profit. Of course, it takes an established psychology to be able to hold it for that long, and it takes high confidence to always be patient waiting, and finally what is expected will come.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: luna6868 on May 06, 2022, 04:47:00 PM
Then it means you are a bit of a failure


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: LUCKMCFLY on May 15, 2022, 12:47:38 AM
It is not bad, if a person has been trading for 4 years and until now he is starting to generate income, it is not bad, because somehow after all that time he has learned to understand the market and has the correct vision of the market, It is important to stay in that line to take advantage, because if the market gives another direction that the trader can understand or see beforehand so that he can take advantage of the movements, I think that is the trick of being a very good market speculator, there are many ways not to make mistakes , the important thing is to find that way and maintain that level.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Mpamaegbu on May 15, 2022, 02:16:26 AM
Patience is the main key in investing
As vital as that's, yet it's the item most crypto traders and investors miss the most. They think only plants need time to grow and investments don't. The hurried investors who by their rationale think that crypto investment is a get rich quick scheme always regret not being patient on the long run. So many of the early adopters still bemoan not keeping Bitcoin till date after they prematurely sold their stash off 8-9 years ago. It's the same way some of us here today will regret it tomorrow.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Pandu Geddon on May 15, 2022, 02:40:23 AM
Patience is the main key in investing, as long as the object we invest in is correct, then there is no need to worry about waiting for it, even for years, as you do. it should be like that, not an investment that just wants to get a quick profit. Of course, it takes an established psychology to be able to hold it for that long, and it takes high confidence to always be patient waiting, and finally what is expected will come.
Regret always comes at the end of hasty actions. some investors who can focus on planning made for the long term will get good results.
but those who are impatient and panic very easily when they see the value of their assets move will certainly regret their actions in the future.
We have all seen how many people regret their past mistakes. all because of the rush and not being calm in making decisions.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: LastKiss on May 15, 2022, 05:25:56 AM
Well, I'm never following specific influencers when it comes to crypto since what they do is most likely because they're paid and yeah skip for that. So far I never get rug pull from DeFi Coin but if getting rug pull by old coins around 2 years ago, it's happened to me and not only 1 coin. From there I always do my own research and use money that I can afford to lose so getting easily scammed won't happen to me again.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: sklopan on May 15, 2022, 01:26:29 PM
Well ... to be honest, 4 years is a pretty long time. Given the peculiarities of this market, quite a lot has changed over such a period of time, and it was possible to make a profit much faster.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: macson on May 15, 2022, 05:34:00 PM
snip
as long as i invest in crypto i always refuse to follow an invitation to invest in a crypto asset from those who claim to be experts.  Besides that, i have never been interested in investing in DeFi projects because i heard that many people have experienced rug-pull.  Investing in crypto is profitable and safe when only we make the decisions.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Eureka_07 on May 15, 2022, 06:38:08 PM
Well ... to be honest, 4 years is a pretty long time. Given the peculiarities of this market, quite a lot has changed over such a period of time, and it was possible to make a profit much faster.
That's true, we may be able to gain profit in a much faster way compared before however, in contrast, we can also lose that much money in a short period of time. This is because of the volatility of the coin, and also the legitimacy of a project, in which most of them now are doing rug pulls.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: fullhdpixel on May 15, 2022, 09:55:26 PM
Well, I'm never following specific influencers when it comes to crypto since what they do is most likely because they're paid and yeah skip for that. So far I never get rug pull from DeFi Coin but if getting rug pull by old coins around 2 years ago, it's happened to me and not only 1 coin. From there I always do my own research and use money that I can afford to lose so getting easily scammed won't happen to me again.
Old coins? But that's not prolly the old coins in my mind e.g btc and eth, but it could be the coins from the late ico's because many of them are a failure or only just a scam and maybe you invest on those coins because you are being encouraged by some influencers because I can see how much you hate them. That's good that you already learned your lessons. I think you are fully aware about the scams in defi.

Many projects are still continuously being rugged by their devs. It's nice that you didn't try touching them. I think if there are influencers that are telling the truth and not being paid, then that would be the influencers that only talk about bitcoins.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Lanatsa on May 17, 2022, 04:54:52 AM
Well ... to be honest, 4 years is a pretty long time. Given the peculiarities of this market, quite a lot has changed over such a period of time, and it was possible to make a profit much faster.
You cant turn back the time and for sure long term holders had been thinking that way too on which if they had just able to sell out on ATH's then they might be making some profits as of this moment and had able to

buyback when its still cheap and repeat on the same process but well theres no choice but to hold up no matter what.4 years is long time, how much more to those people who had been holding
for more.?
As long you dont sell then those profits arent real profits or rather its just been floating.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: sklopan on May 17, 2022, 04:30:55 PM
4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: martyns on May 17, 2022, 06:48:50 PM
4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.
The Crypto space is not all about making profits in trades, is about lengthy experience in the space. My experience in the space is that those that, those that enter the space few years back, they are making profits now. The Crypto space is about patience, you can't just come into the space and expect to be in big profits, Newbies who just come in the space, shouldn't expect profits immediately. It takes time before one would start to enjoy profits.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: TheClownSong on May 17, 2022, 11:09:35 PM
4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.
The Crypto space is not all about making profits in trades, is about lengthy experience in the space. My experience in the space is that those that, those that enter the space few years back, they are making profits now. The Crypto space is about patience, you can't just come into the space and expect to be in big profits, Newbies who just come in the space, shouldn't expect profits immediately. It takes time before one would start to enjoy profits.
alot obstacle we will face during journey in crypto space, profits and loss become common thing will come to us. panic and euphoria will become daily activity in market. for those could handle their emotion and psychology it will not be hard pass how cruel crypto market to us. trust in progress especially improving knowledge will be key here.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: rojan on May 18, 2022, 06:05:39 AM
It's pretty easy to explain. Traders trite believe that they can make money in this way. After all, they see that someone was able to make money, and they think that they themselves can do the same.
its because of doubts? I know it's, coz they just relying of the results of other people when it comes such manner. Which they don't have their own way to make their life easier on the space, like when trading and especially making investment.. If they saw people who suffer due to making mistakes they are hopeless as well.. Lmao  lazy people always a loser. As the matter of fact its their choice, so we don't have rights to correct them.. We need to let them realise their mistakes because on that way maybe they all can get a lessons afte all.

Here they have what they have but here they are but the best way out of here but here I think the followers did it but here they have lost that meaning but they could not provide the main reasons but here is what they did wrong  But here they may not notice it but the advice that can be thought of here is that they need to change something for their intelligence and they have to work with their eyes and ears open and follow all directions.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: SirLancelot on May 23, 2022, 10:08:11 AM
Here they have what they have but here they are but the best way out of here but here I think the followers did it but here they have lost that meaning but they could not provide the main reasons but here is what they did wrong  But here they may not notice it but the advice that can be thought of here is that they need to change something for their intelligence and they have to work with their eyes and ears open and follow all directions.
If they follow directions at all times instead of trying to find their own results, nobody would become a great trader. Sure, you could learn the basics of trading from other people, if you have no idea what to look at, how would you end up making any profit at all. But at the same time, it is quite important that if you want to invest into something and grow bigger, then you need to make a good amount of profit by learning how to do that yourself.

It is not wrong to make your first profit after 4 years, if it continues to be a profitable venture after that, amazon lost money for 10+ years, even 15, but then became world’s biggest company. So, consistency is more important.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: chichigirl on May 24, 2022, 10:38:26 PM
I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?

I terms of investment, it is more important to learn how your investment is gonna work. Sometimes influencers really help a lot with the product but in terms of trading, it is important to learn more about it before you proceed with your investment. Learn about the coin, learn to read the chart and many more.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: LUCKMCFLY on June 13, 2022, 04:26:15 AM
It is not bad to obtain profits, the worrying thing is that it took 4 years to be able to have profits, which means that in 4 years he was totally wrong about the vision he had of the market, now, if OP says that, it is because he has experienced the skin-deep profits, but why? If you know why he lost at that time? and now when he's winning does he know why he's winning and can he make a comparison chart of everything he did and didn't do? I ask this because I know that one learns more when he loses than when he wins, he may even be winning by luck, which is something very common that happens.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Lubang Bawah on June 17, 2022, 06:38:34 AM
It is unique if it takes 4 years for profit, of course this is a lesson and enthusiasm for us that the opportunity for profit in cryptocurrencies is very large, and now more and more project choices from defi, nft and that will become a trend are metaverse, and in my opinion our easy thing Doing is to follow the current trend, and top Influencers have a big impact on the development of cryptocurrencies.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Bhig Daddy on August 16, 2022, 01:24:58 PM
It's nice to know you've come to some realizations and have begun righting the wrongs since there's a day for the hunters. I hope you will apply what you've learned. One of the things I noticed in your post was that you followed other people because you lacked confidence in yourself. I think following others could be detrimental to you since you could not understand why a deal is done. Although learning is challenging, we must be cautious.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Wawa2013 on August 16, 2022, 02:14:21 PM
It is unique if it takes 4 years for profit, of course this is a lesson and enthusiasm for us that the opportunity for profit in cryptocurrencies is very large, and now more and more project choices from defi, nft and that will become a trend are metaverse, and in my opinion our easy thing Doing is to follow the current trend, and top Influencers have a big impact on the development of cryptocurrencies.

Everyone does have a different time to be able to make a profit, the most important thing is that we must learn from every mistake we make.
Trends in the crypto world often change, we must be able to follow the latest trends, so that we can always follow the development of the crypto
world. Indeed, many influencers have had a big impact on the development of the crypto world, the most important thing is that we don't rely
on influencers to choose the coins we will buy for investment. Because most influencers promote projects that provide benefits for themselves.
We must believe in our own ability to analyze the market, if indeed we feel less confident in our analytical skills, should indeed have to learn to
improve our analytical skills. Because the crypto world is full of scams, so the only one we have to trust is ourselves.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: ItsCrafty on August 16, 2022, 04:38:10 PM
Understanding of crypto market is very essential as you know that without realizing things you cannot make profit, although there is highly instability in price prediction but you should have knowledge about how to handle your loses and how to manage the way to become successful. First learn and investigate about each and every thing related to investment after that go ahead to achieve your goals. You have make experience in these four years and now if you have learned the things so it will be easy for you to get profit.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: virasisog on August 16, 2022, 05:01:58 PM
We have different earning time frames and some of us might make a profit a little late than others but there's nothing wrong with that. As long as we already know how a crypto investment works and as long as we know how to deal with the volatility of the market, it is not late for us to invest and make a good profit. Having enough understanding about cryptocurrency might take time and it's better to take small steps wisely than to take big steps and rush things out.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Mahanton on August 17, 2022, 08:41:52 PM
We have different earning time frames and some of us might make a profit a little late than others but there's nothing wrong with that. As long as we already know how a crypto investment works and as long as we know how to deal with the volatility of the market, it is not late for us to invest and make a good profit. Having enough understanding about cryptocurrency might take time and it's better to take small steps wisely than to take big steps and rush things out.
This isnt a race on which you would really be thriving or hurrying up yourself on making profits because this would be definitely the main concern which you should really sustain for longer runs.
Whether how long you've been able to learn and become profitable then it wouldnt matter as long you do able to hit your target in your trading career then this is what matter the most.
4 years wouldnt really be that long though as long you do get the overall idea then thats what important. Trading isnt something that is simple to be learn
it would takes time and lots of trial and error before you could able to have a good grasps on it.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Webetcoins on August 19, 2022, 01:55:28 PM
Everyone does have a different time to be able to make a profit, the most important thing is that we must learn from every mistake we make.
Trends in the crypto world often change, we must be able to follow the latest trends, so that we can always follow the development of the crypto world. Indeed, many influencers have had a big impact on the development of the crypto world, the most important thing is that we don't rely on influencers to choose the coins we will buy for investment. Because most influencers promote projects that provide benefits for themselves.
We must believe in our own ability to analyze the market, if indeed we feel less confident in our analytical skills, should indeed have to learn to improve our analytical skills. Because the crypto world is full of scams, so the only one we have to trust is ourselves.
Each of us does have a different goal and not all will sell early for a small profit but others will prefer to take the long and hard way because they know that is more worth it and the end. There are trends here like ico, meme, nft and so on but it's not good to ride each of them or whenever there's a new release because they are only driven by the hype.

It is still worth it if we will stick to the projects that we are familiar with and we already hold before because they can survive longer. Trusting ones self or our own self rather is no doubt the best so we shouldn't be lazy but let us keep on learning if we feel that our knowledge is still not enough.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Digital_Lord on September 19, 2022, 04:29:09 PM
Knowing very little things and fathom of trade is important, and before selecting a coin, one should acquainted themselves with it. Famous cryptocurrency defi coin will have a boost as things stabilize. The concept that Defi is more personal and provides the best potential to increase wealth in a well-secured approach is well understood. But keep in mind that placing blind faith in anything is not a fine decision.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Hamza2424 on September 19, 2022, 05:27:35 PM
Well im just answering to the tittle, i think you did made a profit after a major loss but the profit you made is as much as your loss is nothing in front of it i remember the days of 2020 and ATH so if you really didn't made a profit i think you should leave the topic i not then bro increase your more holding power as hold reefers to the bright future. Let me consider that you really made mistakes and then learned then made profit then you are an example to the newbies as they can be motivated by your story.

Note: Im just Answering the Tittle


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: kryptocanon on September 20, 2022, 09:48:48 PM
My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: abel1337 on September 20, 2022, 09:59:31 PM
My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.
A common mistake for newbies who are trading is being attacked by their own greed. This happened most of the time especially if the projected profit is way higher than the expected one, greed shows itself until the price go downfall and the trader can't sell knowing that there will be a regret later. Iv'e experienced it multiple times and even I who trades for years now are getting caught in this kind of situation sometimes. It's hard to perfect the market psychology.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: milewilda on September 20, 2022, 10:53:31 PM
My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.
A common mistake for newbies who are trading is being attacked by their own greed. This happened most of the time especially if the projected profit is way higher than the expected one, greed shows itself until the price go downfall and the trader can't sell knowing that there will be a regret later. Iv'e experienced it multiple times and even I who trades for years now are getting caught in this kind of situation sometimes. It's hard to perfect the market psychology.
Regrets do always happen in the end and this is where learning do comes next or come from is on the time that you had able to commit out mistakes and errors which would really in result on losing money.
You cant really just able to avoid such thing on being greedy whenever you do see someone do make huge chunks of profits, but you dont really know on how much they have lost on that particular trading session?
Things cant really be learnt up easily and it would really involved lots of time and effort before you could really have a good grasps of it.Investing does involved certain risk which basically means
that whether you would earn profits or losses depending on particular different timeframes or sessions.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: topman21 on September 20, 2022, 11:21:14 PM
I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?
In fact, you know very well how risky and harmful it is to directly invest in crypto without any experience.But I believe that the experience you gain will be useful throughout your life.While investing you should always keep in mind the type of coin you are buying and investing in.One should invest after keeping in mind how safe it is and how profitable it will be in the future.And it's always better to buy and invest in risk-free coins.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: Rigon on September 20, 2022, 11:58:58 PM
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: redsun114 on September 21, 2022, 03:02:19 PM
So you mean what you had in those 4 years are only a pure losses because you don't know what you have been through? But that loss must be massive and yet you didn't quit. That's impressive not like to those who only experience a few losses but they get discouraged immediately and didn't continue anymore.

When you practice and became an expert at it, there is no need to follow influencers because you can now do what they are doing and maybe your analysis are much better than them. In my case, I never tried investing in defi yet. The negative reviews that I read is enough for me to not to try them. I never got rugged on them but I did experience to lose on some crypto projects before.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: BobK71 on September 23, 2022, 06:17:52 PM
If trading is done without a proper knowledge, such circumstances can happen. However, it is not less than that you have succeeded in the end through various adverse conditions for a long time. But I'm sure what you achieved in 4 years of experience will help you to recover that losses. At the moment it is better to Forgetting the past failure and start new joinery in crypto.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: blockman on September 23, 2022, 11:12:13 PM
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.
It's not worth it but a few get lucky and they're able to make from those trades even if they don't know what they do. It's like less than 1% of those who have made it really makes it.
But in all of it, investing without knowing the risk and what you're doing is a big NO. You can't do the same mistakes again because you'll learn from it anyway.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: hashrateproducts on September 26, 2022, 03:44:40 AM
If trading is done without a proper knowledge, such circumstances can happen. However, it is not less than that you have succeeded in the end through various adverse conditions for a long time. But I'm sure what you achieved in 4 years of experience will help you to recover that losses. At the moment it is better to Forgetting the past failure and start new joinery in crypto.
The Crypto projects are one of the promising projects I have seen and I strongly believe that they always puts more profits at the end. Perhaps some people have lost gigantic section of their assets and they have lost all hope in trading, but there's one clear people don't get when trading. Before opening an trade that one have already taken the decision that it's either you win or lose. Secondly, always trade what you can afford to lose, it definitely help the trader interms of making random decisions.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: LUCKMCFLY on October 09, 2022, 06:04:01 PM
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.
It's not worth it but a few get lucky and they're able to make from those trades even if they don't know what they do. It's like less than 1% of those who have made it really makes it.
But in all of it, investing without knowing the risk and what you're doing is a big NO. You can't do the same mistakes again because you'll learn from it anyway.
There are many people who invest like crazy without knowing much, and the truth is something very risky, I think that now more than ever it is more risky because we are in a moment where the world can end up having a war, either between countries or by military force and nuclear, so right now in these moments I would recommend short-term investments, which will leave money quickly, and not in the long term, the only investment that I recommend in the long term is bitcoin and that because without bitcoin there would be no altcoins, they would not have life , everything has life thanks to Bitcoin, and that is something that every crypto investor should know and never forget.


Title: Re: I started investing in crypto 4 years ago but recently did I made profits
Post by: dunfida on October 09, 2022, 08:50:34 PM
The fact that you have learned from here the mistakes you made for your wrong decisions is very valuable.Finally you proved yourself that investing in anything without experience is not worth taking risk.Even then you invest in DFIs which are more risky.But I think every man should gain experience first.No work should be done without experience.
It's not worth it but a few get lucky and they're able to make from those trades even if they don't know what they do. It's like less than 1% of those who have made it really makes it.
But in all of it, investing without knowing the risk and what you're doing is a big NO. You can't do the same mistakes again because you'll learn from it anyway.
There are many people who invest like crazy without knowing much, and the truth is something very risky, I think that now more than ever it is more risky because we are in a moment where the world can end up having a war, either between countries or by military force and nuclear, so right now in these moments I would recommend short-term investments, which will leave money quickly, and not in the long term, the only investment that I recommend in the long term is bitcoin and that because without bitcoin there would be no altcoins, they would not have life , everything has life thanks to Bitcoin, and that is something that every crypto investor should know and never forget.

These are common noob mistakes specially when they had initially known about crypto or Bitcoin on somewhere else or anyone who had showed up some profits on which they would really have thought that money making would be something easy into this market.
For those who had been on long years on this crypto market had eventually that kind of awareness and experience on how this market behaves.You cant really just make out
on repeating the same mistakes again when you had just been starting.
Good for those people who do make out profits and keep trying and be smart into those people who had been experiencing negatives.You cant really able to learn
if you wont really be making yourself accepting those mistakes that you had done in the past.