Bitcoin Forum

It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.

Just my kinda advice for newcomers, good luck and happy hunting

I've seen few coins that pump massively this year and they were so low in value before, no matter what decisions you make there will be some risks involved, some times holding coins for too long can make you lose big opportunities, for example coins that pump massively while you locked them away in your wallet because you plan to come back few years later... What ever coins you holding always look out for them, for news and price, opportunity can rise at any time

It does not only take time. Time may or may not be on your favor.

If it is only about time, then you can hodl coins for the longest time possible and make money. But while Ethereum (ETH) and Ripple (XRP) ended up profitable, Boobscoin and Trump Coin died.

What I'm saying is that more than blind hodling, you really need to make a careful and thorough research.

It's very important to do thorough research before even thinking about investing in any coin, be it new or old, notwithstanding the hype around it or marketcap. I remember losing funds when ENG had sec issues. It happened when I bought the dip without reviewing the root cause of the dump. For new coins especially, if you won't do proper research, do not invest. If at the end you decide to invest after seeing team credibility and other good factors, do not be so fast to dump it in loss if it's long term investment.

There are reasons why coins dump sometimes, it's better to do research before investing, I make a mistake months ago when I realized that a coin was surging and I jumped in without finding the real reason behind the pump which was an Airdrop for the coin holders, I lose over 2400$ to this pumped coin buying at ATH, till today I haven't recover

You can choose the top 20 coin list and analyze it before you buy, so you can find the coin that has a hidden potential to increase in the future. Maybe that will be hard for you, but that is worth to do because if you can find one or two coins, you will have the opportunity to make a profit. But be careful because the market still unpredictable, and you might buy the wrong coin that can make you wait for long.

The more you risk the higher the possible return  You will get thats what old project give to their  investors. But I don't think this things will happen again easily that's why you need to be a good researcher of every project before you invest so you can earn the profit that you want to earn. But unlike before it will make difficult for us now to choose good project

Most of the early investors of cryptocurrencies just invested on it without knowing much about it but now everything has changed we all know what is cryptocurrency and how much it is important to have decentralized payment system for better future so we should invest on decentralized cryptos to get financial freedom.

One mistake newbies make is that, they fail to apply the real life scenario once they jump into the crypto currency space. It takes time to make money in every aspect of life be it business, trading, or even office work, you tend to work 30 days first. Whatever you choose to do, it requires ability to learn, research, and good decision making skills to excell. So if you want to strive in crypto currency, do your own research, learn, focus on the objectives, master your acts, and be responsible in your actions.

Nice advice, taking responsibility for your actions will help you even if you make wrong decisions, you can't find someone to put blame on and you will surely learn from your mistakes, I'm lucky because I have interest in blockchain technology which opened my eye to what the technology is really all about, it's different for those who aim for money making right from day one..

I learnt everything that's needed to be learnt, I hope newbies put aside money and learn first

I see the point that you are trying to make, and I agree with it, if the secret formula for success is time then every one should keep every thing tight as long as possible which is not true in the first place. Time still varies, even if you hold a coin for 5 years and it does not move desirably then you can simply conclude that the coin isn't worthy of being in your wallet. Time only favors those coin whose valuable enough and valuable to the people under speculation. Yes, I'm talking about bitcoin.

Research is the best way through success, you ain't just here to put money in a coin that you think might get you a profit, you are here to secure your profit in coins that has the potential to the market. You won't do less than researching, that's all you need.

I doubt it that there will be the new generation gems like Ethereum did before. Count also BNB for being one of those coins before. As long as you commit to research and don't invest because of the crowd.

You can still find the good ones base on your preference.

the previous project will not be repeated much more in the current year because the returns are good enough for investors with the old project they always promise to maximize their development in a product so that this can be a big coin today, but still we can know that the current project has not of course produced because it always ends with a high risk.

It really is a bumpy road from investing to hunting everything here is risky but you rightly posted about how eth and xrp grew into such big projects which indicates that this sector also holds huge potential if you are riding the right boat, even one investment can be life changing.

Will there be another good coin like ethereum? Hm I doubt that big time, ethereum have many competitors presently like EOS and Neo but they can't even top over ethereum because eth is one of a kind, just do research on new projects and make your choice, good new projects might come, who knows?

Finding a gem in this market is just like finding a needle in a haystack with all these coins coming up on a daily basis you have to search a coun in more than 1k tokens every year, I think it is hell of a job to search all these tokens and I don't think that it is worth it.
I guess now being a developer of these tokens is a lucrative job and everyone should try and become a block-chain developer, these jobs are actually paying you good.

Yeah, crypto space is not a place you rush in with the expectation of just making it quickly like that, except you have a big amount of money to invest in good coins through a trustworthy crypto-experienced person.  One need to have some patience.  Just of recent, a project (INVOX Finance) I have participated in since 2018 just moon all of a sudden to +634%, as in I couldn't believe it because I have taken it as one of my decorative coins.  Patience is one of the ingredients to make it in the crypto space.

Before you start choosing the currency that will give you a profit, you should know very well that this field is risky.
First, you must know the perfect way to protect your icons.
 Second: You can track the price path of the currency during the periods it has gone through.
Third: You can divide your capital into different currencies so that you do not fall victim to the sharp fluctuation in crypto.
And The most important advice is not to rush to take decisive decisions, and I think that the rest of the members ’advice is appropriate for work and I wish you success.

Going to depend from how you see and performed your investment strategy, it's not just with time I also agree with that, it's about how you take every opportunities after you performed your deeper research. The market always brings opportunities, it's up to everyone on how they'll
going to take and ride with the flow.

You are right but things have took an unexpected turn in crypto space now, not like the past anymore, ethereum and ripple are old altcoins from serious teams, we have determined team in those days but they are now limited, right now it's safer to always watch new altcoins you keep in your wallet, holding them for long without checking on them can result in big loss

This is why whitepaper is existing, If your researching about the project you had your eyes to, Reading the white paper is important knowing that the contents include the short term and long term goals of the project and how they will sustain the product value of it. You won't be panic selling if you are informed about the project's progress and the trust you can give from the project and the team. Trust is important and the investment you will make will be depending on the different factors that you find based on your research basically, On why you chose that project, The plan timespan you can hold their tokens and the update that the team can give to their investors/stakeholders.

Just always do a research before investing and don't be carried away by the hype of projects.

It doesn't always take time to make money in the crypto space. Surely you've noticed that it goes through cull and bear cycles every few years.

Buy in right before or during the bull cycle and it can take as little as a few days for you to make 50% on your investment.

Of course this doesn't mean that everybody is a winner. This is very much like gambling.

First of all not many people called ethereum shitcoin, it was actually a decentralized coin that didn't had a centralized ownership that ruined the whole idea. However Ripple is still a shitcoin, being top 5 doesn't mean that you are not a shitcoin, you could become number one coin actually, there is nothing that can stop you, just print out billions of it if you want and if you get enough idiots to buy it, it will become first.

The real trouble begins when the coin ownership is mostly the creators that could sell hundreds of millions of coin whenever they want to and print new ones for themselves, not losing any coins but still having tens of millions of dollars anyway, ripple company has done that multiple times so far and people who believe they could make money from it are people who are looking to scam others or idiots.

It is very important for investors to do thorough research before investing, some coin is not good for a long time hold, some is not even good to hold for 24hrs, while some must be hold for years to make good profit from it, so doing proper research before planning to invest on any project is very necessary.

I'm not sure I agree with you that crypto has become unstable, specially in terms of long term holding of coins. ETH like many other coins are going to improve but it will take some time until the market picks up more momentum.

At the moment most coins aren't going through their best times, instead are withstanding the unprecedented toll of the pandemic. This has also been obvious for the traditional stock market, and taking into account BTC price crypto isn't doing bad...

Yes. We can still find new gems with the present times but it would be very hard for us since thousands of new coins are coming into the market every now and then. But with the help of a good research, everything is possible. Just be patient in everything you do so you will not end up in a losing part particularly that this crypto market is so much unpredictable.

We should be realistic, understand that we are taking a huge risk when investing in crypto, and with that, we should be ready to lose.

Consider investing here as gambling that anytime our investment could go zero or worthless, but it could also change our lives like those early investors of the coins you've mentioned. The market has its time, and when that time comes, that would make the market so attractive for others to invest but if we position ourselves early, we can be one of the early investors who can make a fortune investing on "shitcoins" now.

WHO KNOWS WHAT THE FUTURE WOULD BE, LET'S GAMBLE.

It would be an another different story since it wont really be easy to spot out several coins that are just the same when ETH and XRP did come out into the market.
Consider that time which theres no much coins that had existed plus the fact that these coins does really have  that real life usage and the rest of projects are just
using up this platform and creates thousands of shitcoins using the same blockchain. When you do tend to see most of the top ranking ones then you can spot out
that most of them are on different chains and beyond the line then all of them are just copycats but luckily able to  get some part of the market share.

I agree with you, it takes patience to keep going in this space most especially when someone invest in what (or coin) he believes in and it ends up going the wrong way. But however, the fact still remains that one must carry out enough research on whichever project he wants to invest in so that he can reduce the chances of going for shitcoins. Yes, shitcoins keeps coming up everyday starting with majority that copies other projects idea, imagine such a project and what the future will be. So in all things, losses might occur but going for the good coins will help to reduce these losses.

Not every altcoin is able to survive for a long time. It will be hard for you to now find a new altcoin that could scale through or get passed the projection on its roadmap. Even before to gets there, some hitches and challenges would have affected it, because most of the laid down intentions cannot be feasibly achieved by the team. So individuals should identify some f the important factors that could limit the growth and that could g=cuse eventual death of the project. Also, there should be a continuous followup.

Just because someone here say a particular coin is useless before doesn't mean that it won't progress and is not worthy to invest. You  can see dogecoin for example, it was laughed by many investors because it just came from a joke and meme but look at that coin now. Many are still holding and investing into it that makes that coin still surviving until now.

While other coins seems to be shitcoin until now, but there are plenty of crypto coins out there that was misjudged but still has potential.

Of all the several thousands of altcoins or even all of them combined, nothing can beat the one which started it all.


Of course we are also here to secure a profit. But that does not sound too nice to me. We are here first of all to support the crypto objective. I'd still probably buy Bitcoin even if it were not really a profitable currency to hodl. At least it is not eroding its value unlike fiat.

And of course you also Knew how hard to find where the Bull is perfectly coming because if people here knows when was that?then for sure all of us are richer every Bull market.

But the main concern is for one to profit there must be another one that should Lose thats the cycle of market mate.

So in the end?it is the lucky and skilled always win.

lucky and skilled always wins. yes, you are very right. luck and skill in seeing opportunities in the market are the keys to victory for crypto traders and investors. many people know separately to analyze projects and markets. but sometimes they are unlucky when all the analysis is broken by market conditions.

Crypto world is always full surprises, sometimes coins that we think are worthless but in the end they become the biggest coins. Instead coins we see are very interesting but end up scam or worthless on the Exchange, this is the Crypto world. The Bull and Bear Cycle is a cycle to be able to get profits for traders, you should be able to see opportunities in each these cycles.

Totally agree! The most important thing to be successful in this cryptocurrency market is that you have to acquire a lot of knowledge, skills, techniques. IN that way, you can have the ability to analyze the market and make decisions based on those analyses. Furthermore, besides having those, you should have a little bit of luck! Sometimes luck does help!

   This is why it's important to make your own research! You can decide to trust some project now, where team members are
working hard, and that project can be great in the future. There're people who give advantage to well-established coins, and I
understand that, but there are small projects with great ideas, they need more development, they need more supporters, but
it's why their price is low, but with time more people will join, the project will be better and the price will rise. The same happened
to Bitcoin, Ethereum, and all others, in the beginning all of them were small at first.

Good advice but do not blind hold new altcoins, there are still few risks involved locking them away in your portfolio

1. Teams might decide to move into another blockchain
2. Swap might happen
3. Algorithm can get changed sometimes which can require wallets updates
4. Big pumps can happen while holding the coins and tokens away in your wallet, you will lose opportunities

whatever speculation is out there, we will all risk each other. so, it is very important for us to know that it is the best investment for our finances in the future. maybe some people disagree with the opinions we have, but we don't need to agree with them to make an investment. if you see an opportunity there, then you need to take it. if you take everyone's decision, it will not be a good decision for you.

Understanding matters a lot in everything we want to do, before jumping into any thing you've never know before make sure you learn and understand it very well, do not take stupid risks because it will lead to loss and you will still come back to learning in the end unless you decide to walk away, learning first earning later

there is no definitive theory or 100% in this crypto space, the most correct is a study and the right moment to buy and sell. because the market is very difficult to guess, and working at the bounty is also the same, still 50-50 to get profit. so the key here is patience, accuracy, and also courage.

Many don't know what they are getting into that's why they feel like they can buy coins at any time, the most important part when investing in crypto is the right time to buy and the right time to sell, without learning all this you will definitely make the wrong decisions

Its a must to know deeply what we're getting into before investing our hard-earned money. In this way we are aware about what to expect and the risk of investing in crypto. Unfortunately some people tend to enter without taking their time to gain knowledge and do a research thats why if something bad happen they will blame others or the coin itself even its not a scam. For newbies dont rush to earn because there's a perfect time to engage yourselves, take time learning first.

That is the reason why we should invest in our knowledge first before we put our money in some investments out there. I'm sure that you heard that many people lose their money in some investments or in trading not just because of the risks but because they do not have enough knowledge about what they are doing. They are just putting their money and praying that it will go up easily.

The only one who can help us to have higher chance of success and handling the risks carefully is ourselves. In order to protect our capital and in order to grow it, we should invest on our skills and in our knowledge for us to welcome new ideas that we can use.

Coins that have been tagged as a scam before are already performing very well.. You cannot judge also a coin/ token by how it was handled and how rumors are coming out. We need to dig deeper into a particular coin/token that we want to invest in order to not regretting anything. Many People nowadays or I should say newbies not having enough research about the coins they want to invest will just risk their money. There is a loss and win into this crypto world but we should know when and where to stop and take action

one more thing you have to pay attention to your luck. after you can do the analysis and make a choice. even that also can not provide guarantees to benefit. Your luck is at stake when you have determined with all the effort you put into it.

Do not belief in what people spread online, most especially about crypto, some times a once called scam project for different reasons can be your own gateway to success, learn from others but be the master of your boat, make decisions yourself and learn from your mistakes, I make my big ROI from a shit coin that's now worthless

It is important always to learn, especially to learn from your mistakes, because that can help us to grow and improve the skills that we have. We don't have to follow whatever people suggest before we know the truth to decide whether to invest. By always researching what we want to invest, we will know what we need to do. Sometimes, we need to be patient before making a big profit because that will not always happen in just one night.

developing our skills and abilities before making choices is very important. but sometimes when I can no longer find good new projects. I just look at the market and choose assets randomly for my short-term trading. free up time to look for small profits.

If you also have a good instinct on when to sell those coins then you will remarkably profit a lot.
But that happens only if you did well from the start.

Yeah, one example is the Ethereum project.
I saw how cheap it was before but ignored it. I thought it will just be another coin which will be a dust forever.
I bought it at a higher price already. Got lucky selling at $1000+.
It will be difficult to go back at those times.

Being an early investor is kind of luck we can enjoy when the asset we are investing will pump, of course just like ETH as its ATH was around $1300 while in the past you can even buy them at $1, correct me if I'm wrong.

Per experience, I make more money from what I earn as a bounty in the past because during the popularity of ICO, when its listed in exchanges, it could either pump or sell at its ICO price, of course it seems like it's not gonna happen this time as the ICO is gone and IEO success rate is not that high also.

They're in the top coin in CMC anyway, so it is nice coins to be traded at.
Not to mention that I've been seeing crypto prices and trading it for almost 3 years and coins like ETH never failed me, aside from Bitcoin.
Though alts isn't my primary coins for holding, it is still profitable in my end.

I guess even Vitalik was shocked at how far the value of Ethereum could reach.  ;D

I don't see many newbies now who have the guts to wait for even just a year.
They are mostly impatient thinking the crypto space is just a milking cow.
Bitcoin and Ethereum holding ain't a question anymore. It is a wise decision to hold it.
But I have other which had been sitting in my wallet for quite long. 2 years maybe.
I still don't doubt their project up until now.

Only some people do not know what they are dealing with, especially newbies who have just entered the market, so they are often wrong in making decisions, so do not equate everyone in this regard, because the experience in the field of investment is also very much.

It's hard to hunt new coins with good potential now because scammers are getting better in creating coins that looks legit in the eyes of bounty hunters and investors, just take a look at KingCasino only few people think it's a scam and majority invested and promote this project thast ended up a scam project.

We know that newbies are always in a hurry in making decisions in buying or selling panic often but they still have to learn from experience because in the field of investment and trading it takes time to see how to act this out.

Things are bit different now, here are few warnings you need to be damn serious about if you want to invest in new projects

1. We have many scammers now compared to 8 years back when we have many serious developers
2. Don't leave to coins in your wallets without looking back because sometimes there will be updates like token swap or mainnet launch

Anyone who doesn't do proper research before investing in any coin or who doesn't keep up with updates after investing is like an engineer going for a job without tools. I like the point you buttressed here, always check updates so one doesn't miss out on token swap or mainnet especially, I've been a victim reason why it drew my attention.

There are so many good project in crypto, the issue they majority of them do face is lack of investors. A project cant reach her goals if it lacks investors. The rate of scam project in crypto has cause deep harm on altcoin, making investors not to trust new project that has potential.
As an investor in crypto, I only trade when its necessary, hodl only potential coin that has chances of recovery from bearish market.

We all made the same mistakes only a few years ago, because we didn't know about this time. Newbies will understand their problems when the market recovers, that's called experience I think. Two ways we can learn, by helping others or accepting losses from all the decisions. Now this is the holding time because of the stable price of Bitcoin.

Getting into crypto space, there are some things to learn ranging from knowing good project, when to invest in a project. As we all know that Rome is not built in a day, before starting crypto learning the basics is very crucial. Newbie have a lot to learn you can't just jump into any project which can only be don't through a lot of research.

and some people also say that ranking high in cmc doesn't mean that it's a good coin and not classified as shitcoin.
it's like being manipulated, you or anyone can create a coin with a supply of 1 billion coins and appreciate each of your coins worth 5 $ and your coins will be directly in the top 10 cmc.

Most of the people who get scammed or tricked into buying some shitcoins or suffer a loss in their trading journey don't do a proper research and they don't know what they are getting into. You have a great point there that people should know what they are getting into and this can only happen when people start doing a proper research on their investments. I am quite sure that if everybody starts evaluating their investments with proper research then people will suffer from less number of scams and the market will mature rapidly since people will only invest in coins with greater potential.

If we can not find good new projects, maybe we need to take a break for a while because if we force to find, I am afraid that we might not get the right project. We just need to sit and watch the market, and maybe that can help us see something inside the market. Sometimes that can work for you to find the coin because if we can calm down for a while, we can see the opportunity will come to us.

Ethereum and Ripple right now are no doubt one of the top and useful token in most of the countries nowadays.
Just like here in my place Ripple and Ethereum are both accepted in our local exchange of Bitcoin. Which means,
it shows only that they both build a strong community worldwide now.

What list you are referring to? Marketcap listing? That is a big trap to make to make you deceived while you are rushing for altcoin investments. Agree or not both the coins that you have mentioned as shitcoins compared to bitcoins. XRP is still a shit and may get bankrupted at any time while ethereum is struggling against its competitors due to unable to cope with their own roadmaps (it is good to be steady while achieving your goals but when other devs are copying your plans, you might need to react rather than delaying with your own ideas).

I have mentioned many times here on this altcoin board about not get into corporate coins, XRP must be one of them. We are getting at least one topic about XRP/Ripple corporation for every week which makes people interested on them regardless of their background.

Marketcap listing/ranking are highly manipulated one. Do not make your investments based on that.

During initial days for any new people those are very crucial because one should be learning and knowing the bit about crypto and then only start to invest in the different coins or be it trading in different coins. Just blindly investing in any coins or in any project could be dangerous as crypto is highly volatile and involve high risk when invested without any research.

Indeed, all of them need a process in order to get what they want. Sometimes I am always impatient or even too ambitious in getting profits. Know that it is actually not good, try to always do step by step all at once you can understand the results you get and always be able to control yourself.

Fair enough but dude the market scene couple of years back is very different in recent times. Many have changed since crypto became more popular. Today, you may actually realized that most of the projects sprouting serve as a gateway for the scammers to steal our money. If not, they ended up a failure after the dumping season ~ change my mind ;D.

Know what you're getting into, before you cross the street look left and right! If you invest your money, check them deep, the deeper the check is safer your investment will be. Think about your actions, many people tend to do things blindly, and they complain later. You need to know as much as you can, it's how you can minimize the risks. This should be a life lesson, not just about crypto, learn how to pay attention on everything you can, and you will be just fine!

Controlling oneself is indeed not easy, because every human being has a greedy nature and limits on his patience, so it is very natural that we sometimes make mistakes because we are impatient with something.

It's your obligation to yourself to always know what you are getting into do not be in a hurry and do not be confused and most of all do not go for hype people are losing because they follow the hype and FOMO, you must become good at distinguishing hype coin to real project with potential.

it's very difficult. I often become greedy with trade and investment. even though I have made a price and length of time planning but sometimes I see more potential and wait longer. sometimes it's good it ends badly.

I would sat that the most rational strategy is investing into solutions that have real applicable solution. For example, they adopt blockchain for some issues, existing on one or another market

Hey, I absolutely share your view here. Much basically depends on the solution. Talking about me, number 1 component is practical value and real benefits I get

That works similarly for me. And as for now, are you following (or just having in mind) many such platforms? Cause I would say that I am aware of only 1 or 2 most advanced and attractive blockchain based solutions

Also around 2 to follow. And what are your favorites? Can you outline? Better with more info on how solution really helps, not interested in some abstract projects

The most unique one I follow is Centric Foundation with 2 their tokens - CNR and CNS. Centric is the world's first dual-cryptocurrency payment network. Its innovative and unique concept is engineered to achieve breakthrough as a reliable form of payment. You should Google them to have a better understanding

Time changed everything, in 2009 no one ever believed that bitcoin will have any real value but now it is the most expensive currency in the world which can be applied to the other few crptos as well but now we lost trust on the new projects due to scam and useless projects.Hardly anyone making money from new project in the long run so don't apply the same strategy here, just change your strategy with current market condition.

in making money in the crypto world it takes patience and a strong analysis of the prediction of coins that will rise in the future, but if you are not good at analyzing you can choose the top coins that exist today.

that's right, because many beginners panic when prices go down so they rush to sell their assets without careful consideration and further analysis.

I agree, there are many interesting new cryptocurrency companies in which you can invest both for the long term and for the short term, but of course you need to seriously study every cryptocurrency company in which you want to invest in order not to fall into a scam company.

There are many available to choose around the market, both new projects and old
projects are available to check out.
You can see from time to time that there are new one that popping up with good
promises that entice investors interest.


This is very important since the market have volatile nature, you need to properly do
your research and assess more carefully
before you start investing your money, it avoids you to lose your investment and gives
you higher chances to earn decent profits.

Cryptocurrencies is not a thing you can just dive into and expect money to start flowing into your account immediately. It's never going to happen, Rome was not built in a day. It's a gradual thing and knowing how the crypto market works. Cryptocurrencies is an investment that needs proper monitoring, how the study of how the cryptocurrencies market work. Sometimes, you involved in some projects that will later do well or later to to shit. But if you know the market so we'll, you will be able to study every altcoin carefully.

This is a very good advice for Newbies, many newbies are in for fast money making this days, they don't care about doing research or learning first, all they want is pump or a coin that can get them rich in few months which to me is not that possible, you can't progress in crypto space without learning

Yes, ethereum's case must be unique and we cannot take it as an example for every other new coin or token. OP must be missing the point of how many other coins had failed which were introduced along with ethereum. I mean, there might be at least 1000+ projects got introduced and among them only 1 or 2 coins got chances to survive till now, so, for not missing once coin like ethereum, we must need to risk at least in 100 coins after filtering out rest of 900 projects.

Here we must need to consider the time required to analyze 1000+ projects every year. That must be massive amount of efforts which cannot be possible for most individuals and even we have this forum for the same exact purposes; people do here recommend where they got affiliated or what has paid them to promote.

I guess we do not need to follow and do not need to invest with them as new good projects will keep popping and we cannot switch over more frequently like by 2015 LTC was hot altcoins and by 2017 ETH replaced that and now might be the time for another one to replace ETH. I hate these switching; I love to be a long term holder how I do with my BTC since 2014.

Someone posted here that he bought some tokens at $0.01 and was targeting to sell the tokens at $0.03, but he waited for years and instead of increasing, the market kept decreasing till now and then climbed to $0.02, so he had to quickly. The funny thing was that after he sold the tokens at $0.02, it then moved to $0.03. luckily for him he was able to make profit, but imagine he had patience. Some people don’t like holding coins for long, they lose hope once those coins don’t increase after a long time.

yes, deep research before investing is the best way to reduce the risk on crypto investment
and we must believe to our personal research rather than the suggestion from the other people my friend

Patience is a virtue anybody entering into crypto should have. Let’s say it’s one of the critical virtues to have. Imagine doing all the necessary research, and investing in a coin you foresee to be of great value, but because of impatience you get to sell early and lose the chance to make more profit. If you believe in a project or coin, having done your research, invest in it and let it breed the right profit for you. Patience!

Time shall tell if a project is really what investing and hold for a while. You have said rightly nothing is assured so risk only what you can afford to lose.

It's true, eth case was very unique, and that is because it had a practical difference when compared to other crypto currencies, even to bitcoin: the smart contracts platform that made it possible for many other developers to create their own projects through it.
That means if a crypto currency brings a new feature or technology to the public we should take it into consideration when investing, because there are serious chances it's a solid idea that will have great acceptance on the market. But it's not the case of 90% of the market, as you said.

Making ethereum and xrp as an example is what we really should understand and realize that even if there are some people who say that a certain coin is a shitcoin we should still make our own judgement whether it is really a shitcoin or not.

I think you're a bit positive when there are also plenty of fail cryptos too. You won't know about those failures since they weren't able to make to CMC so please don't lump rthereum and ripple together as shitcoins. There were never bad as shitcoins back then.

He got lucky after all because it is not always the case especially what happened to me, I bought in an ICO before where its price is $0.5 per each and when it got listed its price became $1 per each but because of my greed, I decided to hold it. Today the coin is now being delisted in many exchanges and I really regret it but I already accepted it and it is lesson learnt from me. I will never do it again and I will make sure that I will control my greed.

We should all know it and don't be jealous of the success of other person you don't know what they have been in order to achieve what they have now.
Don't think that they achieve it in such a short time or in an easy way we all know that success takes time so you should learn to accept all of your loss and take it as an experience to be better in what you do.
Some of the crypto are just waiting to shine out so don't easily fall for the pump and dump and don't panic whenever the price collapse.

1. Find a coin or token with a really good use case
2. Hold even if it loses value, ethereum and Bitcoin losses value too before making it this far
3. Still don't invest all what you have, it's better to use diversification
4. Also have more than two altcoins in your wallet

The only mistake people do make when picking coins is lack of their concepts, they have to complete understanding of what the coin is going to fix

ethereum and XRP are the right choice for long-term investment and can be a very smart choice because these two altcoins have the potential, so don't miss the golden opportunity to have ethereum and XRP.

Maybe you need to ask further or mention more clearly about "some people called Ethereum and ripple a shitcoin years back", and provide information about "shitcoin". It is illogical if someone says that Ethereum and Ripple are Shitcoin. Because they are coins that are top level. Even people say that Dogecoin is also part of Shitcoin. Don't give a Shitcoin label at a low price, this won't bring profit to traders or holder.

Being a successful coin in crypto space is like being a successful in any business. It always take time.
Some are lucky to be a successful one while most of them are ending up being a shit or just ending at a loss. Same with crypto especially those altcoins. It always take time to be a successful one. When Bitcoin isn't that popular, people are just ignoring it. Now that it is getting popular, people are buying it and holding or trading. Same goes to altcoins but only a few selected altcoins.

My advice is that, just invest into altcoins that have been there for a long time already because it has a lower risk but low to mid reward in mid to long run if you are just a newbie. Another is always be ready in any consequences that you might face because in investing, loss is inevitable especially if you are a newbie. Do a deep research and trust the coin you are holding and always set a plan A and plan B on that coin.

Do you know what is one of the biggest crypto problems? That all of you are finding new and new hidden gems, but why not invest into proven projects that already have a working product? Do you rather invest into nice promises that are written on a piece of paper?