Bitcoin Forum

I saw this as a memes on a social media platform which created much laughter amongst many person's with funny comments that followed. But let's view it the other round in real sense.
https://i.ibb.co/mFYVzDs/Screenshot-20230505-171552-1.jpg

Funny as it look, it's a reality for many crypto investors out there. A scenario were some had to invest when there was great value for the coin only to sell it when the price dropped after holding for long. Which means they never had an understanding of the basics of investing or trading before investing.

This this humor as it looks has turned many billionaires to millionaires down to thousand-naires as the case may be. Often times than not it could be that these people perhaps invested into the wrong coin and timing too.

https://i.ibb.co/Kx6F28r/Screenshot-20230505-175218-1.jpg
Before you get to invest in crypto or bitcoin endeavor to know about the basics so you don't end up taking wrong investment decisions about it, so you don't send the wrong message or signal to people out there that are yet to know and partake in the industry.  Just like one of the photos I put up a alleging how "crypto is a biggest lie", and bitcoin isn't excluded in this statement either.
source:https://www.facebook.com/pseitradingmemes

The problem does not lie here with the asset you invest in, but with emotional investment based on the experiences of friends or from the Internet and dreams of quick profit. I remember at the beginning of the 2000s there was a fever in investing in stocks, everyone wanted to buy stocks and the bubble burst, then real estate and now cryptocurrencies.

These people will get out of the market and cryptocurrencies will continue to grow, just as it happened with stocks and real estate and this will happen again with all investment assets.


Understanding this scheme is what will determine whether you will return home by bus or in a luxury car.

Cryptocurrency market can make you richer or poorer. Not all market participants will have profit in this market and become richer with it. If all people can get richer with this market, who will get poorer, who will spend money to help you enrich your capital.

Where is the capital flow come from to enrich your own capital?

Capital in one market must flow internally in a cycle from the rich to the poor, to the poor to the rich but mostly from the poor to the rich. The rich get richer but the poor get poorer.

New capital flow only comes in a new bull run when more new people join this market and bring their capital in.

You get the idea, but with RE you can't do short-term trading.

People don't understand that it's a question of numbers where as an individual trader you have a close to 100% chance of losing your capital. Roughly 90% of traders lose money (https://www.moneyshow.com/articles/tradingidea-60554/why-90-of-traders-lose-money/) and the retail trader who starts out always thinks that it will be 10%, but is not aware that this 10% decreases as trading becomes more short term, as you have less capital and for example leverage, or as the asset becomes more volatile (e.g. cryptocurrencies). That is, someone who starts with little capital, and makes short-term trading with cryptocurrencies leveraged has a probability close to 100% of losing everything.

When you start because you have seen a Youtube video or bought a course, you are not aware that the person selling you the course probably earns more from the courses than from the trading itself, and that when you trade you are competing against big money like Hedge Funds that can move the market at will and use high frequency trading algorithms.

But trading is still promoted because it makes a lot of money, both for those who sell courses and for the houses, which charge fees. The more trades, the more fees.

The system of buying bitcoin and forgetting about it for another 8 years or doing DCA does not make as much money and that is why it is not promoted as much.

This, I recently watched a documentary about the real estate bubble that happened at the US and when you think about it, it was not really any different than any other bubble on history, smart investors took a position early and this caused an increase in that market, then the media put their focus into it and then suddenly everyone thought they could become great investors out of nowhere.

And the same happens in the market of cryptocurrencies, people could take a position now but they are not going to do it because the price is not moving much, but once the bull market market comes we are going to see all kind of people trying to invest in a hurry trying to obtain fast profits, will they succeed? I doubt it, but they are going to try.

I think this isn't exclusive in crypto, this can also happen in stocks I think although crypto will definitely have a higher degree of risk since it's much more volatile than stock market. Totally agree with the title, it will go either way unless you have the drive to go to the right path.

Wrong way of playing the same as preparing for bankruptcy.
Understand how to play the same as preparing for success.

There is no one who invests and trading carelessly such as being motivated by others who have received many profits from investing and trading from before it looks normal and suddenly changes with various facilities.
For example trading robot investment.
Many are victims because they are tempted by returning profits from each capital given.
Their concept in convincing members by showing facilities to invite curiosity.

Investing and trading is not an easy job if you don't know how to. If you have to choose, learn to invest in bitcoin rather than trading with other types of crypto.

All businesses have come with scam and that should make every investment opportunity unique in its form. During the very early stages in the boom of buying investment in land and estate, scam is not excluded like people are made to pay for properties that at the end of the day, they won't be able to legally acquire it after cut cases but the scenario has really reduced as more people have tasted it and got wiser. Likewise in the case of cryptocurrency investment. There are different levels of scam in this industry, from telegram bump groups, meme and shit coins, bounty hunting exit groups etc, they are all experiences that we have seen and can talk about, all you do is move on and learn when it happens to you. Be wise and careful not to invest what money that you can't forego. The risk is there but reduce your appetite.

The game had two sides,one is win by your own experience.Second one by the loss with out the less experience.Learning is essentially important one in the trading and it can’t be achieved without any good knowledge.The strategy of bitcoin is different and strategic movements of altcoin is different.If you have used same strategies for bitcoin and altcoin,surely it will affect your trading profits.My friends had brought brand new expensive car from the normal car by doing the crypto trading for some couple of years.So it’s good time for learning the trading and earn some good money from it.Don’t waste your time with the laziness.

I don't take those memes seriously but they're actually funny because it happens in real life for most people. That's what happens when you're not prepared or not knowledgeable about the investment that you're taking in. And while there will always be those negative comments and thoughts from people that we don't know, don't take them as well seriously because they don't own any coin. They're just there to trigger anyone's emotion specifically us who are crypto and bitcoin investors. Just ignore them or if you want to answer them, you better not trigger your emotions or those people that are trying to flame you will be happy as they've already won the argument by flaming you.

What do you expect from people who seriously invest in Memes coins, or because someone like Elon Musk tweeted about it, or because of recommendations on social media, not to mention the madness of NFT and other recent events in the market, which indicate that many are investing with zero knowledge or even desire in learning. Most of the projects are paying more on marketing campaigns and high APY than on technical development, which makes them a big pump for hot money that quickly ends with losing wealth.

If you stay away from fast rich feelings and invest for a long time, you will notice a big change in your life. IM TALKING ABOUT BITCOIN HERE. :P

Those trolls are everywhere let them make funny memes for crypto investors. I think the person who created the meme has shown his situation after the unsuccessful investment. That's what a loser is expected to do because such people are unaware of the rules of trading and investment. They put their money into assets without gaining essential knowledge about the assets and put their money into it blindly.

The meme creator has just created the inverse of what investors can achieve with crypto investing and trading. The can fortunately move from bicycle and bus to their own cars if they do everything with proper planning. Now not every trader is going to earn as there will always be the ones who will lose. But, if someone knows the basic concepts of trading and investing then he/she will not face huge losses even if market goes against his/her predictions.

Therefore, I always recommend people to learn the basics of trading, by developing their own working strategy with technical indicators and one should learn to read the trading charts, and he/she should have a proper working plan. That will definitely make the investors prosperous as it's a fact that those who do investing with proper plans and have control over their emotions are always the winners in the game of investing and trading.

Only invest spare money which are the rules of investing in cryptocurrency but many people ignore this rules and do as they like. They borrow money and some sell all their property to invest in cryptocurrency because they heard others did the same and were successful. If you invested only your spare money, you can't be the guys in the meme as you'll have other things to help you if the investment failed.

We also have those investing in anything they see without understanding the difference between investing on Bitcoin and investing in all those altcoins. When you buy Bitcoin, you're securing your future but with shitcoins like memecoins you're putting your capital at risk as they can all crash to zero.

I can only imagine that the next stage would be regret and acceptance afterwards. Although to be fair, we gotta admit that we still have that emotions when we invest and every bear trap is like a sudden surge of panic for us. I've been there so I can really feel those people that kinda reacts to it quite quickly. It's just that they're not realizing that it's all just part of crypto or even the market as a whole.

I mean you can even tell that 100% of people in Facebook are crypto experts. /s

Sarcasm aside, these are just memes and not really what you should take literally. I ain't even fighting these trolls in Facebook or even Twitter sometimes since they do not have a single idea what they're talking about anyway. If it affects or triggers people that much, I suggest that they should unfollow every crypto pages in their social media accounts.

Reading the charts and then investing according to price changes yields the maximum benefits. I think the reason these memes have become popular is because most people consider crypto a joke and not something serious. On the other hand this meme-culture was not prevalent during the days when stocks were the main speculative market. Although Economy related newspapers did put up Dilbert and other comic strips for a rib-tickle.

Invest in those coins that you have a good historical knowledge of and know that they are not going to go bankrupt tomorrow. If you invest in the shitcoins coming up everyday then these memes predicting "crypto is a lie" comes out as reality. Same could be said for many stocks but lets not talk about that.

This images explained it all, like what I saw is that when the opportunity is there you should utilize it at the right and not to focused much on altcoin and its profits. You know some of these people calling crypto scam are yet to understand the core values of cryptocurrency because they See's it as something worth investing on. If we could focus on the purpose of bitcoin without thinking of investment there's no way it could be labeled scammed or biggest lie.

Sometimes, mindset really plays a big role not only in investing into crypto, but into investing in general.
If you think that cryptocurrency will make you rich overnight, or you think that crypto will make you a millionaire in just a week then I guess there's something wrong with how you think about crypto.

Sometimes, these kind of thinking leads to some forced or irrational decisions, and they're just jumping into what's the trend. They don't know the risks of investing into crypto. That meme is just a meme, but if you have been an investor for quite some time, you will agree that there are many investors who might've sold some of their properties or the valuable things that they have just to have money to invest into crypto

It's only funny for those people who don't have any experience in investing into crypto. It's funny for those who don't know what happened to some of the investors out there who lost their money. It's funny for those people who are too ignorant to accept the truth that crypto isn't for everyone. I still believe that the mindset plays a big role when it comes to investing.

Of course, there are such things like wrong coin and timing. But I don't really see the problem with a long-time holding. After all, even if the price drops after you purchased a coin, it is very likely that the price will recover and rise in the future (if we are talking about reliable assets).

It seems to me that as long as the loss is not realized, as long as you still remain in the asset and do not sell it at a low price for you, then you do not lose your positions. And it is unlikely that in this case you turn from a billionaire into a millionaire. The only problem is time, how much you can afford. But this factor should be taken into account one of the first and you just do not enter into a position if time is limited, and you are not sure about the direction of the market movement during this period.

https://tradesanta.com/blog/wp-content/uploads/2022/08/0090-.png

That depends on the person's mindset or belief in crypto investing. Because if it's true that you can't make a lot of money here, I hope no one tries to trade and no big companies will invest here and even well-known people in the business world and popular celebrities will not waste time investing here if they know they said that they won't get anything. Do you get what I mean? Maybe the people who fail here may be that the coins they chose were just hyped and they didn't really know that's why it happened.

Those who have profited from cryptocurrency understand firsthand the challenges of holding, trading, and researching promising coins, no matter the fun they make of crypto, the positive aspects of crypto cannot be overshadowed because since Bitcoin's public launch and altcoins, it has created numerous millionaires within both short and long timeframes.

Are there any businesses in this world that are completely risk free? There is none, even the traditional businesses people have experienced complete failure despite earnest efforts and crypto is no exception, but it differs in approach, only those who have quick mindset of making quick money have failed that is why they will post anything to downgrade crypto but they will never succeed.

Meme coins are only temporary but it will go crazy if disposal occurs and people only know from social media that is currently hype not from knowledge or analysis, look now there are many meme coins that appear but so do they confidently buy because they see something that is trending moreover they expect Elon Musk to retweet it, but I would not really believe it even if Elon Musk often discusses meme coins for example, and this madness will really end tragically if investing or trading in meme coins.

I think getting rich quick is very unrealistic, there will be a lot of suspicion of momentary riches and losses will destroy the mentality with its psychology, remember that bitcoin is the safest place to invest at this time.

If you don't have any basic knowledge about trading, then don't try it. Good traders must understand the basic knowledge of trading, otherwise they will just trade like gambling. Do not understand anything but still do it by capitalizing on confidence and hoping for immediate profit.
Basic understanding of crypto investment is needed, it is not a game because money is at stake. crypto is a big lie for those who don't understand, but for us crypto is a place to get profits quite easily and can be done anywhere.

Cryptocurrency investing and trading can both make you and ruin you. Cryptocurrencies are high-risk assets and their prices can fluctuate greatly in a short time. At the same time, they can bring high returns if you properly assess the risks and make sound investment decisions.
If you decide to invest in cryptocurrencies, it is important to do your research and understand how it works. You must understand that cryptocurrencies are decentralized and do not have any central regulation. This means that prices can fluctuate based on various factors such as news, legal changes, technical issues, etc.
It should also be taken into account that cryptocurrency trading is a speculative activity, and can be dangerous for beginners. If you do not have sufficient experience and do not understand the risks associated with cryptocurrencies, you may lose your investment.

Supposedly in investing in crypto, we can get huge profits after holding it for some time. But the problem is that people don't analyze when they can start investing and buy it immediately even though the price is still at its peak. They were not ready to see the price drop drastically and panicked and immediately sold it. They don't think of keeping it on hold until their target is achieved in a few years. They think their bitcoins will continue to decline and not rise again, so they want to save the money they used to buy bitcoins. But that makes them lose money and they can't have bitcoin anymore because they have sold it. And when the price bounces even higher than what they bought yesterday, they regret it and can't sell their bitcoins because they already sold them.

To put it bluntly, bitcoin or crypto is also a financial market and already a financial market, there will be winners and losers, money from weak hands to strong hands, and there will be no way that everyone will win when investing in crypto. I see many people don't understand this problem when I see the topics bitcoin can alleviate poverty, bitcoin can make the national economy go up...They need to understand that when they sell bitcoin and make a profit, someone else will lose. The market does not print money and distributes it freely to everyone. The marketplace is a battlefield, in order to make a profit, we need to beat others.

They have a quick rich mindset that can lead them to make bad decision and incur losses, the problem is not the crypto but their mindset before they put their money. Majority of them are just focusing on  how much rewards that they can get and not how much money they can lose. In the end, it is now too late because they already lose so much money. Investing in crypto can really make us rich but it is not enough because there are things that you should also have focus on like what type of strategy that you will use when you already made your 1st investment? when you will place your cut loss,? what is your bias? where did you get your conviction to make an investment?

These are just examples of things that you should consider, you cannot become rich by just investing your money and holding some coins. If it is the key then everybody should be rich but it is not the case. Majority are losers because they ignore important things especially the organized planning. Instead of thinking how can they protect their hard earn money, they immediately thinking how can they double their money in short period of time and that kind of idea is very dangerous because you will get pressure to make money and you will create decisions that can lead you to major mistakes.

The main issue is that some people expect a very high return in a short period, and thus, out of greed, they borrow some funds to invest just hoping it will end well in a huge profit, and thus, they invest in some altcoins with the expectation that it will do 10-20x within a short period, and if it fails to rise, they sell the coin at a loss instead of being patient and holding.

Only Bitcoin is completely decentralized, so be cautious because these altcoins have their own team that controls and regulates the coin, which means that the price can also be manipulated.

The main key here is to wait and gain sufficient knowledge about crypto trading before beginning, otherwise it may end in such a case of capital loss due to ignorance.

Buy Bitcoin and Hold to avoid losing too much money in the future.

I see quite a lot of memes popping up about crypto and that's a natural thing because it's just a funny line to make fun of but it's not really big although some are true.
People who invest in crypto without proper knowledge and only based on what people say, whether their close people or what is said in the media, and think of being able to get rich instantly, will experience what is depicted in the memes, but enough is enough mature in plunging into crypto, will see these memes as entertainment even though experiencing bad times but always wise in investing in crypto is the key to success

Yeah, unless you really follow a lot of crypto influencers, it ain't just worth it. Sure, everyone wants to earn overnight but they won't just realize the losses they encounter since there are waaay more promising coins in the market than just these meme ones. If there were such thing as getting rich quick kind of thing, why haven't people just did that instead and why aren't there surge of wealth in the economy? :D

Regarding Elon Musk stuffs, I don't care if the guy discusses or tweets again about Bitcoin. I can recall the annoyance of that name here in the forum back in 2021.

Someone who doesn't understand the market and doesn't even have any knowledge or experience with cryptocurrencies, in general, should not get involved before learning everything. It is clearly going to cost them financial losses if they start trading cryptocurrencies but don't even know how things work around and how they should even manage their trades and the risks involved with them.

Trading and investments only make someone's life better if they have learned everything properly and they understand what they are doing and getting into, otherwise, they are probably going to lose most of their capital.

Here is my Version of the meme.
https://i.imgur.com/UjgwTIF.png
HAHA, as you have already mentioned the reason of people who failed to earn in crypto due to lack of knowledge and then they don't even hesitate to say such aforementioned comments such as "Crypto is all lie" etc. etc. or i should say blah blah blah. (haha).   

Well if we interpret my pictorial representation of people who start with knowledge and people who start without knowledge. Then this meme makes more sense. The point is, "Knowledge is power" which wise ones used to say,  because those who have known the potential of crypto and how things move around, will rule in future because they have knowledge of future product that will be in demand and people (fool ones) will wait in lines while the wise ones has already got their hands on it. This emphasize the big truth of knowledge.

In short, we have to get knowledge before starting any business, it's not only applicable to BTC because if you start any business with out proper knowledge or without following any mentor, you will end-up as the bodybuilder end up from car to bus.

The surprising thing is, many of my friends who have no link to crypto like they don't even have a slight info about crypto, are uploading this meme on there statuses. (hahaha) and i was like what. Well, all i can do is ignore them because knowledge is power and not everyone can digest it.

Especially those people who just invested in crypto just for the hype, it will not bring them any good things because they will not understand when the market makes a sudden dip again, some other people still do some DCA even though the token or coin they are holding on is no longer sustainable. We should all know that before entering this volatile market we should be prepared.

You likely may not be far from the truth as people are quick at throwing tantrums and castigating something that didn't work out for them even though it's working out well for most others. They fail to embrace their fault in their failure and instead of working out ways to learn from their failures they rather focusing their energy  on a condemnation campaign. But they forget it just won't change a thing as bitcoin keep covering more gaps.

Social media is full of lies.
This is very normal to see on social media because social media are more open, you will encounter a lot of people with different visions or opinions especially when it comes to cryptocurrency, which a lot of people don't know what will happen in the future of cryptocurrency. The only wrong here is that guy is likely telling that it's already finished or telling without any proof or basis.

Using social media will bring more unnecessary news, lies that affect your thinking, psychology and you will more likely make bad decisions which are more keen on your temporary emotion. It is bad because bad decisions will not give you happy result so why don't listen to the advice "Prevention is better than cure"?

Prevent it to happen proactively by stop using social media. Focus on learning technical things but basics like how to save your money by using good transaction fee (fee rate for Bitcoin, address types, gas for other blockchains). I don't think those basics are too difficult to learn but they are very helpful practically.

Reading news, using social media and put our brain into uncertain status then struggle to control our emotion. By good prevention, we will not have to struggle with emotion, psychology.

If they don't immediately change their mindset, they will never be able to benefit from their investment. Instead, they will suffer losses because they only want profits as soon as possible. They must know that investing in bitcoin requires a long time and must have strong hands to hold it for a certain period of time. Everything would yield good results if they had the patience to bide their time.

They can be said to be lucky because they have a lot of potential coins that can be their investment. But the problem is that they can't find the coins and rely on other people's advice which doesn't guarantee them big profits. And they shouldn't even think about getting rich quickly, even though it might happen at the right time and place. But investing does take time so they have to be more patient.

There's lots of money to be made in the cryptocurency market but don't just think that's the reason you're seeing the celebrities coming into the market. They're here because of endorsement deals and that's how they make their money. Only a few invest and they don't buy from the market as everyone else, this celebrities get special privilege like buying before pre-sale.

People fail for so many reasons, it could be that they were mislead by the celebrities, example when they were promoting NFT that has no value at the moment. This is why we're advise not to follow celebrities as they don't have any idea but just promoting the business they got hired to promote.

Dummy trading is what I suggest to immediate newbies. That helps them learn without losing money if done honestly and meticulously.

Of course crypto gives its owners the opportunity to earn big. This only differs on how the people seize the opportunities and not lament about losses or missed stuff. Attempt to seize the price now and buy will eventually lead to a bigger price to sell in future but dont cry over the price when you chose not to buy and missed the selling opportunity at the next all-time-high. Celebs only come here to pump their bags, they have literally zero care for any project.

I am 100% sure that these meme creators are these GenZ kids, who don’t know what Bitcoins are capable of. They just invest to make quick cash, and if it doesn’t come out to be as expected, then they just mock it and make fun of it. We should never lose focus and never forget that Bitcoins are limited in number, hence very rare, so once the accumulation demand increases among the people, the price will break ATHs and you will get tons of profits. So just hold and wait for long term.

Keep your positive thinking about bitcoin, ignore its price volatility and stick with your best plan in the long term. Those are some pieces of advice that have been suggested by experienced investors I have met although they have not been as successful as some of the people on this forum.

I believe some users may doubt the potential of bitcoin, but we should not doubt about it because experience and history is the best support to keep bitcoin.

This fake economy has been around for so long that it seems the new generations are forgetting how true value looks like, in this age in which likes are almost like a currency the new generations consider meme coins as a valid way to make money.

After all if something is popular then it should have some value right? But what they are forgetting is that while this can increase the price of an asset really quickly, this will create a bubble in that asset, and like any bubble it will eventually burst and the value of the asset will go back to its intrinsic value, which in the case of meme coins is zero.

The post is a kind of a meme because there is a picture on it with some captions but it does not literally mean about meme coins. Those who invest on meme coins, NFT and other hypes are mostly newbies who don't do their research but there might be some experienced people too. They ride it because they know they can benefit with it.

People behind those projects can pay more in marketing but I think this is risky because what if they can't successfully attract the people to invest on them? We think shitcoin creators are only just money grabbers but we didn't realize that they take big risks too. High APY are just part of the marketing but they are mostly fake.

Crypto market can make you poor and rich at anytime because it’s like totally a game. Did you share how much negative you got from crypto? Personally i have been taken lot of bad reason from crypto investing which is loss my money. If i will lost lot of money fro invest then i Couldn't recovery very soon.

Of course, but only if you are too comfortable playing on the edge of the abyss that are then called altcoins.
There are tons of shitcoin that will end up just draining your investment budget after getting the initial hype from their initial team or investors. You should stay away from such investments because when those altcoin crash, don't expect them to pick up and recover your losses.

Do you remember that altcoin that was minted during the hype of an ICO, IEO, STO or something like that? Watch how many of them still survive and benefit their investors, so I hope that serves as a good reason to stay away from them.

Switch your mindset to bitcoin, buy it and hold it long term and I think it will help you get worth return with the risk you take. But remember, this is not financial advice that you are obliged to trust, so it all depends only on you.

I prefer someone with positive thoughts about bitcoin for the future than concerned with other coins by wanting a quick increase but always not thinking about the risks of what will happen later, but this is clearly different from bitcoin which always repeats history every cycle and that becomes our benchmark believe in bitcoin as a long term investment then I will maintain it for a long time.

Those who still doubt bitcoin means he doesn't know the history that he always makes, if there is someone who still doesn't believe in bitcoin then he doesn't understand how bitcoin works and only hears what other people say about the bad things.

Well, these kind of meme are actually true because crypto investment or dealing up with it, isnt something that could give out assurance that you would really be making yourself rich but rather the opposite.

It does really always depend on how you would gonna handle up yourself and make out some good decision or being wise on your crypto investment + a little bit mix of luck because we know that no matter how good you are on making some analysis but if luck isnt on your side then you would definitely be losing money which it would really be that still significant but somewhat you cant really just rely on it because this isnt
gambling after all.

Everytime i do see those memes,then it is really giving out that smile because you could really eventually relate that those things are really that true and do really happens
on this crypto market. This is why you should really be that sensible on whatever actions you would really be making.

I saw this picture and ever watch a kind of short video about before and after investing im crypto.

shortly, this picture may be true, being poor after investing in crypto.
but actually it can also be the opposite. From poor to be rich enough because investing in crypto.

the difference will lay on how we are investing in crypto, how good our understanding and stratehy, incluing how appropriate our management controls.
investing in crypto can be very risky because it is exactly risky, moreover without enoguh knowledge, considerations, analysis, and strategy.
but on the other hand, crypto can be promising and worthy if we really know the ways to earn money wisely and smartly within good understanding, analysis, strategy, and activities.

so, the result will depend on yourself, which one will you choose?   

What is the meme's maker trying to make clear about cryptocurrency? Is he trying to convince people that cryptocurrency can only help people go from being rich to being poor? It cannot make one rich; it can only make one poor.

If crypto will only make someone poorer, as this meme's creator claims, why do millions of people continue to invest in it? Does this imply that they cherished their plight? This is my question to individuals who share this viewpoint.

When someone who doesn't understand the fundamentals of crypto spreads untrue information about how it can lead to financial ruin, they fail to mention the many factors that can contribute to this, such as engaging in trading without knowledge of it, buying altcoins without doing much research, and investing only with money you can't afford to lose.

The people that doubt bitcoins and it's potential in making their life better are people that have a wrong understanding of what investing in bitcoins means. Some of them think that just buying bitcoins one time and keeping it is enough to make them rich when the value increases. Some of them do not even know that they are at a 50/50 chance to make profit or loose their money, some have no idea about risk management so when things go bad, they really go bad. These people rarely really profit from bitcoins because of what they know that is very limited. Making profit from bitcoins can be done by smart investment decisions bcaked by knowledge and some experience, or trading where good skill is essential.

Completely agree with the op, indeed, crypto can make or break anybody financially, and the reason being that many and are jumping into crypto with the wrong mindset and expectations, expectations in the sense that many new crypto investors come in with the mindset of getting rich over night, like the several stories they heard of people who become millionaires after investing and holding crypto for a short time, they forget that as this good news flies around, so also there are bad news of people who lost money, which is not circulated in other not to cause panic..

Investing in crypto requires doing so with a right mindset, knowing that crypto is not a get rich quick scheme, and that different coins have different level of risks of loosing money attached to them, bitcoin has the lowest risk of losing money, but then also, chances of becoming a millionaire through bitcoin is very slim.
Meme coins, have the highest risk of loosing your money, but then, you have a better chance of becoming a millionaire if you are lucky to find and invest in the right one at its very early stage.

And if you know how people feel when they see your success by taking that risk, there's a bad feeling there. lol

So it will still be a difficult decision to discourage people from investing while you're doing it yourself. As long as no one knows who luck will side with next, I won't be too hard on limiting people's curiosity. I mean, don't use the word inhibit a lot, just be more clear about the risks.

I guess many don't understand not only how to invest in bitcoin correctly, but how invest in general. Crypto usually is a part of their problems. And unfortunately we can't solve this problem for each and other. We can warn, we can share knowledge, we can give advice, but anyway there will be those ones who will lose at a market. We IMO still should share what information we can to help those ones who will get benefits from our help, but we shouldn't worry too much that it won't work for everyone.

This possibly happens to those who invest in memes and hyped coins...
It is just about to realize that investing in crypto doesn't give us assurance that our money will be back into our pocket or multiply. I can really imagine those people who sell their assets (house and lot) for the sake of investing in crypto, we'd never know what is their situation now.

A reason why it was not advisable to put everything and focus on crypto investment alone as it was the best strategy to have a reliable investment and less risk.

In everything we venture into in this life, comfort is determined by the level of knowledge we have gathered about that thing before we go through it. Otherwise, it will create discomfort for us, and it will look more stressful than normal for us. Having good knowledge about something before taking it up will determine how we react to it. Why I am saying this is because there are a lot of people who have given up on trading; some have also given up on crypto investment or Bitcoin investment. Example: A newbie bought Bitcoin at $50k, hoping it would get to $100k so he or she could make some profit, but instead, they did not see $100k since 2021 until last, and they got forced to sell at $30k in 2022 and had to lose $20k. This was a bad experience, and at such a point, they had to leave any crypto investment for good.
So, before anyone goes into crypto investment, let them gather enough knowledge about it.


Just as Don has said, I agree with him, and I wish to also say that even some traders make more earnings on their YouTube channel than they earn trading crypto. Some trading video tutorials are just visual trading, and some are done with a demo account. In the past, when I watched some trading tutorial videos on YouTube, those teachers did not show me a trade with their main account (a real account), but they have a lot of subscribers and likes on their channel and videos, so they are definitely monetizing their channel and may even be making more money than they made with trading. Wait a second. Come to think of it, when one is really trading and making enough profit, can they have time to come online and begin to make video tutorials? I am not saying it doesn't totally exist, but it's absolutely minimal. But just use the search word "how to trade" on YouTube, and you will see a lot of random videos.

You can lose even if you invest in pretty reliable assets. It is based not on asset only, but on your investing skills as well. Buying on the top and panic sales, we all know that there are many who do strange and silly things at the market. And they lose investing both in hyped projects and even in bitcoin. There are so many options to lose at the market! And the one should know and understand so much not to lose, that it's not so trivial as it may seem.

Everyone should understand that the cryptocurrency market is a very risky market. Here, along with profit, the risk of loss is always present.Without experience and knowledge you will be at a disadvantage whichever platform you go for, even if your choice is great.

Risks of loss are always high in meme coins.The most trusted and top coins in the market have very less risk of loss than meme coins.If you choose the top coins in the market and your entry timing is right, you will have minimal risk of loss.Even if you take bitcoin at the wrong time, you will lose.Those who entered Bitcoin at $60k will now lose if they sell Bitcoin at the current price.

This does not necessarily mean that Bitcoin is a risky cryptocurrency, but the timing of the buyers is wrong.

Or one more question, if he really can make money on trading and he is good at it, then why should he do it at all, if he can earn as much money as he wants, and the rest of the time he can lives in pleasure and relax? The answer seems obvious to me, these traders can't make money trading, and maybe even lose more than they earn, and their lessons are just a way to earn something.

I am not criticizing or even saying that there are absolutely no traders making profit in their trade, because there are some traders who are making profit in their trade quite alot, but those traders who are making a lot of earnings from their trades are absolutely using their free periods to live a lauxry and having zero time to do video tutorials (it's just my assumption), while they might still even have friends who they may be putting through trading classes.

Some traders are also trading and making profits gradually, maybe earning up to $200 or $400 per month from their trades. If we still have people like that, they will not have the time to come online and begin to make videos while they are still looking forward to making more profit from their trades. I have been in that situation, I was doing sport trading, around 2021, and to be honest, some days, I don't even make up to $10 per day, it either $4, $5, $8 respectively and someday I end with loss which I will have to wait and wait until the price of the coin pumps up a bit, before I can sell and take little profit, I was moving from CMC to CG, to telegram group of projects, to their Twitter page, gathering information about tokens and coin, checking the level of their volatility, when to buy and when to sell, then I really had a lot of experience and I was only earning little from trading, not as if I never gave time to it, I did but upon that, I can not say I had a free period to do video tutorial. 

With all that, I cannot say that trading is stress-free. Good luck to whomever is going to buy  trading strategy, thinking is very easy to just use it and begin to make profit. Although if they apply those strategy wisely, they will not have a big loss.

Memes may be done through funny ways but they’re actually telling the realities not just in crypto but in all life’s aspects, and it’s up to you how you will absorb their meanings and apply it in yourself. However, the only reason I see why people say negative things about bitcoin or crypto because they don’t know it well in the first place. And they’re afraid when other people succeeded on that while they are left empty living. That’s why if you fall believing in them, it’s like you proved to them that they are right and crypto is nothing but a ridiculous investment.

The more you think about it the less it makes sense, after all why a trader which is making use of a strategy that took him months or even years to develop is going to share that information for free?

Now some may argue they want to give something back to the community or another dumb excuse like that, and maybe this excuse could be acceptable if we were talking about any other profession, but traders by definition have to be greedy and accept the fact the extra money they get on their accounts comes from the pockets of other traders, and in that case do I really believe someone with that kind personality is willing to share everything they know for no financial gain? I simply do not buy it.

It's because they have been given the wrong idea about Bitcoin. They've been led to believe they must become rich from investing in it. This is mostly done by scam trades that just want people to give them money to invest. Most of these people where told of crypto as an investment platform. Most of them just put their money into without knowing what it really means, some just give money to the people that convince them to help them trade.
Then there are the ones that are obsessed with shit coins. They do not mind going into any project that is making waves. 

Methods or ways are something that could be freely share if you wanted to as a trader because we know that there's no such thing about holy grail or some sort of strategy that brings out sure profits.
You might be profitable as of this moment but doesnt mean that it would be lasting forever. This is why some wont really be bothering on sharing up ideas but there are some who dont really have the time in doing so
and just remain silent or doesnt really share up at all but its not really that bad to look up with others analysis on which it would really be adding up into your overall idea and knowledge which
would really be that something that helpful on upcoming months or years to come on your trading career.

Just dont make yourself been thinking or rushing on becoming rich because if you do have this kind of mindset then it would really be just making you desperate or would really be lost
track considering that you would be rushing things up a bit because you want for it to happen and we know that it isnt something that recommendable to do so.

That's the reality that they want to believe in, to become rich in bitcoin. That should have been thought by them knowing that there have been a lot of people became rich by just investing in Bitcoin.

That won't change, there will always be those people that shall be obsessed to shitcoins and meme coins because they've been like one time big time with it.

To be honest, this really happens. This meme may really happen to many people. But the problem is not on the cryptocurrency, but on the peiple itself, because they may nkt really understand abiut cryptocurrency but they are investing too much without good mamagement and knowledge, and they lost highly.

But if we are ready enoguh and have good at it, it can be vice versa. Many people arw alaos rising up because kf cryptocurrency, like from zero to better numbers, tbough not to hero, but the life is muxh  etter because of cryptocurrency. And I am experienicng itself.

So, juat choose what you want to experience.

true, many people join the crypto world because their ambitions are too big, and their excessive belief will get rich easily, until finally without thinking about investing without knowledge. what happens next is exactly the same as the meme above. but in fact there are also many people who suddenly become rich because of luck, and because they are indeed smart investors. so it's no wonder that many people say that the market is cruel, because if it moves wildly, then we will get stories of people who have the opposite results.

Memes can't get big growth on their own, it needs people with money for manipulation, as happened with Musk, or the recent story with Pepe. But I see no reason to buy meme coins with the hope that someday one of them will be able to grow in the same way.

Those who miss good investments, or cannot get a positive result from investments in any way, will always be dissatisfied, and not everyone is able to admit their mistakes, to admit that the problem is in them, and not in cryptocurrency. In trading, this all comes even more difficult, because it doesn't take long to understand whether you are a successful trader or not, everything will be clear relatively quickly.

Funny memes, had a good laugh even though I don't find them really accurate. The main recommendation I can give any new person that would like to start with crypto currencies is to focus on well established coins like Bitcoins or Ethereum. The chance of losing money in high risk alt coins is much higher than when buying the top crypto currencies out there. When buying Bitcoin there is no real risk of losing our money long term, because we can always sit out a short term price drop and wait for the price to recover. If you don't invest your money you will lose all it's value over time to inflation, we can't leave our money as cash in our bank account forever. Investing in crypto currencies is a great alternative to all the traditional asset classes. Which doesn’t mean that we should put all our money into cryptos. The best thing we can do is owning a well diversified portfolio that holds a lot of different positions, so whenever there is a crisis we will have some assets that perform poorly and others that perform strongly. As with any other financial asset, it is best to prepare ourseves that we won’t be getting rich overnight, it involves a lot of work and dedication.

It makes me laugh just based on the photo and not reading comments. If we just make fun of it, it is really funny, but if we do go deep, there are really instances where that is true, but the way the people comment is kind of mean; it is like they are on the tip of the iceberg. It is like they thought bitcoin or crypto was about ponzi schemes and scams, and they always conclude that it is a scam as they can't make a profit on it. That is really the problem with some people; they judge the book by its cover without reading the content.

This is no different than what happened with the dot com bubble, once the bubble burst many people thought the internet will never go anywhere and all of those companies will collapse.

And while a great deal of those companies did in fact collapse, the ones which survived are now not only good companies which gave some good profits, those are now the companies that are changing the world and they are holding a huge amount of power, so let those people think of bitcoin as a scam, they will realize their mistake in a few decades but by then it will be too late to do anything about it.

Those people who spread FUD on the internet are someone who really loses lots of money because they have a weak mindset or someone who just want to buy at a cheap price so they spread FUD to make the crypto price goes down. Its sad for those people who are always bad talking about crypto on the internet but in reality they keep accumulating crypto

The false belief of newbies in crypto investing is that they will make a lot of money instantly in a short period of time. It is true that it is possible in crypto because of its high volatility compared to fiat but this does not always happen all the time. So instead of waiting for crypto to rise, they sold it at a very low price because they couldn't wait. A lot of crypto investors are losing because of this mindset. They should have known that they would not lose money if they did not sell it at a lower price, but they sold it. We don't have to be like them, sometimes if we feel impatience, just do your best not to sell it because Bitcoin price will go up higher in the price we want.

My first thought when I started trading in crypto for the first time, was to get a lot of profit instantly because trading looks simple.
Whereas trading is not as easy as imagined, trading is very complex and there are several risks that may occur.

And also because of impatience waiting for crypto prices to rise, those beginners or traders who do not have any knowledge, are more likely to cut losses.
Trading is not only technical analysis and fundamentals, but also related to one's psychology.

Doing money management for investment or trading will be very important.
So that when the price continues to fall we still have money reserves to buy back.

Even though they are advised to always follow their risk management in order to be successful, newbie traders are more prone to trade without effective risk management. However, because to ego and the belief that his system will work without risk management, they typically liquidated their port in just a few trades.
Consider this: when you win a trade, you are happy; when you lose a trade, you are upset, and this affects how much margin you put in a trade without risk management.

Psychology and emotion handling!

This is where i do see one of the major factors on which you should really be needing to mold and enhance up because those strategies or ways or methods would be useless if your mind and emotion isnt really prepared
on what you are currently doing. Its true that once we do step our foot into this market then you would really be having that kind of impression that making profits would be simple but on the time that you would really be doing the trades then this is you would really be telling to yourself that your been fucked up. Along the way on the time that you are gradually acquiring some knowledge and experience, you would eventually
be able to realize things along the way and it would really be just that part of our instinct that we would really be making out some adjustments which it would really be a common approach.
Making yourself that progressive would be entirely depending on what you do.

Without risk management, there are no limits to trading. It becomes a free trade and risks losing most of the invested assets.
Especially if the beginners have started to panic and the loss will deepen.

All factors that affect trading cannot be ignored, each factor will affect the final result.
Psychology and Emotions have an impact on the trading that is being done or will be done.

Without that control, neither beginners nor professionals will execute good trades.
Psychology and emotions and trading strategies really have to be ready and in sync, you can't ignore one of them.

I think the majority of traders out there are guilty of thinking trading is easy at the early stages of their journey, but once you begin to learn more about the market, that is when you realize how mistaken you were, if we were lucky then our losses will be on the small side and we will still have enough money to trade with more caution.

But there are many traders out there which invested in a bunch of awful coins very early and they never had the opportunity to correct the mistakes they made back then.

Cryptocurrency prices are volatile and can rise or fall within a short period of time.
Volatility can be hugely profitable, but it also comes with risks.
Investors should have a clear understanding of their own risk tolerance and conduct adequate research and analysis.

Investing and trading in cryptocurrencies can be a high-risk, high-reward venture. The potential for significant gains is undoubtedly present, as some individuals have experienced tremendous wealth through successful crypto investments. However, the market's volatility and unpredictability can also lead to substantial losses. It requires careful research, risk management, and a deep understanding of the crypto landscape to navigate the market successfully. While the potential for financial success exists, it's crucial to approach crypto investments with caution and be prepared for the possibility of adverse outcomes.

All newbies make that mistake, including us, when we were still newbies. And I think this is normal because no one can be good at first. What they need is experience and time, but unfortunately, many people can't stand it and leave the market immediately after losing. But there are still many people who are persistent and not resigned to failure, and they start to learn things, and over time, they will mature like us. The market is a battlefield, there is always a rule of elimination, and the reward is only for those who deserve it.

Your graph tells the whole story of the rise and fall in the Bitcoin cycle. The movements as shown on contours is explicit enough for all. However, it's a problem knowing the exact entry and exit points. It's easier to point them out only on hindsight. If not, no one would ever record losses of any form.

Yes, it's not exclusive to cryptos. That cuts across all trade types of business and anyone going into online trading should hold that close to their chest. There are moments of loss and of profit too. BTW, we should know that fundamentals/news are driving forces for price movements.

By using your own experience in trading, you get profit, but there are also losses and effects. There are many people who are not so confident in investment they don't have patience and without patience people can never make profit. The important thing in trading is to acquire knowledge and skills. Good understanding of the market will get good profit. To earn good profit one must know investment strategy. And if you learn about trading well, it is possible to earn money later, but investment requires confidence and patience.

Although the memes are made for fun but through these memes a trader has highlighted his real experience. Many have lost all their wealth investing in crypto platforms. Again many have changed their financial status by investing in these platforms it totally depends on the trading skills and luck of the individual. If you can invest at the right time by understanding the market, there is a high chance of profit, but most of us investors invest without understanding the market, as a result of which we unexpectedly lose our investment. It is not desirable for anyone to lose by investing because everyone's objective is to increase the amount of money through that money even at the risk of their own money.

It's such a sad situation that people do not understand how crypto could be used for legit investments. You think big companies like grayscale or microstrategy end up investing into silly NFT's or defi projects or even those shit stuff people call meme? Obviously not, they won't buy doge or pepe or shiba or whatever, they won't buy any nft, they will however consistently keep on buying more and more bitcoin.

Why do you think from governments to big companies all end up buying bitcoin consistently, why is it something they all do when they are rich and the poorer it gets the sillier investments get? Because those rich people know what can make money for them and know what won't and they invest accordingly. Take them as example and not these silly stuff.

There's really always that huge differences on how those poor and whales would be thinking and including with those big traditional companies and investors on which they wouldnt really be touching a space if they
do know that everything is really that based on a hype and doesnt really have no real use case at all. They wouldnt really be that dumb that they would really be buying a coin/nft/meme if they do saw
that there's no relevance in speaking about use case or something. Surely they would really be sticking on whats the current top coin in the market which is BTC and there might be some reconsiderations
with some altcoins options too but most likely they would really be still only choosing Bitcoin. Investing and trading? Doesnt matter on which one you would really be involving as an individual.
As long it does really make you benefit out on long term then this is whats important.

That's pretty much true and most people that doesn't jump into Bitcoin already make an assumption that investing in cryptos are bad for your wealth and most of the time can drain your money really fast. I don't really blame that because that's true when you as a trader make wrong decision for the most part, especially when your emotion kick in because of some reason especially the huge dump train.

Although it's pretty much applied to every investment out there such as stocks and gold but due to how high the volatility is with Bitcoin, that's how people change the view of Bitcoin as the investment method.

Those who had it that way could have been a victim of a hype or being an impulsive investor.
Most of the time those who ends up like that doesn't really know how to manage their funds or to trade properly, because if they do they would have cut loss before it goes lower to the point that they would lose too much on their portfolio.
If they bought or invested on crypto they should also have made some plans on when to cut loss and and to buy back in order to lessen their loss on their investment.

Most of newbie investors don’t know about how to manage their capital but who bought crypto with overprice during hype or just before bear session, were get victim. Bedsides because of panic cell, they lost their most of the capital badly and then blaming crypto for everything. If they try to learn before taking steps, then their story might be different from pictures

They see hype and assume they can also get similar profits within short period of time but the opposite happenes because the meme coins market is manipulated by big whales and owners who controls major chunk of supply.They create pump dump schemes of which newbies get victim of and loose money but they need to first have understanding of the market and their investment plans otherwise this is always losing chance for them.

We know that they are just a newbie but they shouldn't make that as an excuse because other newbies will just follow it. One newbie must be a good influence to other newbies and they can do it by learning first. There are so many unwanted things that they can avoid including the ones that you mentioned above if they equip their selves with knowledge.

The worse thing that can happen to a newbie is not losing a capital but it is when they start to blame all cryptos and calling it a scam because it can also give a bad impression to the people around them and then those people will also spread the wrong word to the people that they know, and so on...

There are two things in Crypto. Bitcoin and Shitcoin!
The meme you shared in OP is real regarding some Shitcoin/meme token. People get excited when a new Dog named Coin pops up, and they think this will be 100x and invest their savings in it without doing research. Most Shitcoin/meme coins are centralized. They use influencers to create fake hype in the market. Once they reach a reasonable market cap, they start increasing the supply limit, making unlimited coins out of thin air, and selling them. So, whoever is holding these coins gets zero value and gets scammed without even realizing who scammed them. It is the team who scammed you.

Now, if you talk about Bitcoin, it's decentralized; no one can create a Bitcoin out of thin air. So, no matter how much it went down. It will recover in the long run. Don't Invest in Crypto. Invest In Bitcoin.

Well, it's not exactly so. No one can create bitcoins inside bitcoin blockchain besides what is mined. But if we talk about exchanges, banks and other organisations which provide customers bitcoin accounts, they definitely can. That's why so important to remember that "not your keys not your bitcoin". Any held on a custodial wallet or at any account of a centralized service bitcoins can be virtual. They can create as many bitcoins from nothing as confiding customers will like to buy not demanding those to be sent to their own addresses in bitcoin blockchain.

well, I think people who are not successful in investing in crypto will make posts like that, and they will gather and discuss their failures, so it's not surprising if we see that there will be so many people who fail in investing popping up on social media and make posts like that.
However, people who are currently trying, or are already successful will be more focused on building their business or increasing the amount of their investment. I have several friends who are quite successful in the world of crypto trading but rarely appear on social media, or I also have friends who have not succeeded in the world of crypto, but are still learning about it.
investing and trading in the crypto world all depends on the strategy and decisions you make. it will determine whether it will change your life for the better or ruin your life.

Yes fractional reserve banking will always be a problem when any institution is allowed to store our coins in our place, it does not matter if they call themselves exchanges, banks or give themselves any other name, if we allow as a group they store our coins then sooner or later they will do this, as they will be unable to resist the temptation of making even more profits with our coins.

It is because of this that self-custody is critical as not only we protect ourselves by doing this, we are also protecting others by not allowing those institutions to become that powerful.

It is partially because spikes in crypto price and related media buzz occurs only on a bull run or all of a sudden. Newbies trying to make money will attempt to join then only and thus end up buying at the inflated price. This can be changed only by experience and by learning from mistake and not from us telling them about it. Loss of capital can be recovered by patience in spot trading because you don't actually lose the asset you have merely converted one to another.

Though in the types of trading other than spot, you will lose money if you have no prior experience.

Your life is what you chose it to be. Same thing applies in crypto trading. Because what coin you choose, will determine the outcome that you are going to get from it. Also, lack of knowledge, emotions, greed they also influence the final result. People in the world still thinks crypto as a negative thing. That's why they only share those stories that are negative. There are many successful crypto investors, but people will never talk about them the way they talk about failures.
I am not saying that getting into trading or crypto will make you rich. But people are doing it, and many of them are successful. But they have worked their way to reach there. Internet is a place where you can say whatever you like to say without even knowing fully about it. Those who are unsuccessful and still living in their mom's basement will say something like this. Go out and try it out for yourself, and do it properly with proper coins.
Taking the right approach will surely increase the chances of wins.

For sure its really that pertaining about shitcoin/memecoin investment on which it would really be neither be putting you on a condition from rugs to riches or riches to rugs depending on how lucky you are. I would really be considering that investing on meme coins or fly-by-night projects is something that could be called as a gambling. No real use case, made from hype, anonymous devs,
unrealistic roadmap and other things which you can attach. This is why its never been that ideal that you should really be focusing on investing just because you are that desperate on
earning tons of money which it is really that risky i would say.

I do have that long experience about dealing with meme coins.Yes, i didm make out some good multiplier but those profits are losing it back into other projects and this is why
i had decided on completely stopping it.

This is the problem for most investors, they enter into this kind of investment without knowledge, and of course, we can never expect success from that situation but certainly of losing their money. Because what is in their mind is that they can make money too easily but unfortunately, when the market condition got into the dump or bear season, they'll get panic and sell their Bitcoin and lose. And this will be the result of being an impulsive and unknowledgeable investors.

It is very important for us to get some knowledge about where we intend putting our money. Trading is a risky adventure but some would still not understand the loses that might come up if we don't take the proper time to learn how to trade very well. Those people are are just starting to trade and are curious to start making money, they are doing that for the great doom day that might befall them.
We don't need to rush time when we want to take a financial decisions. We need to spend time and take a scrupulous step so we can make a reasonable decision that will lead to success.

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto

When people invest in crypto they aim to succeed. But many times it is seen that people on different social media after losing their investment discuss in different ways. As far as I know, any successful investor does not share his feelings on social media when he suffers a loss. I have seen my friends who trading in crypto and suffered losses by Tranding without analyzing it properly. But later they didn't develop any mentality to the contrary rather they are taking education with the aim of gaining special knowledge about investment. If you know good strategy about investing or trading in crypto then it is definitely possible to succeed. And depending on everything, later on, if you make a good investment decision, it is possible to succeed in life.

Each bull run is fueled by newbies like them and I sympathize for their losses but without them, without their new capital in each bull run, price won't be moved up too much.

Problems with Spot trading are they will not use either Stop loss or Stop limit orders, OCO and they will react too late to market falls. When they react later, they panic sell at bottoms.

Another problem is if they trade with Spot, they will later change to Leverage and Futures Trading types when they want to revenge the market, want to recover their losses, and lose more.

Most of influencers don't share their losses and their painful lessons. You will see very rare influencers do like that and if you find them, they are good influencers.

Knowledge from learning is important but only knowledge is not enough. They must live in the market, experience it, feel how their minds, emotion, psychology and actions can be affected by market news including FUD. They only get matured in this market by living in it a few years but it does not mean they will succeed after all.

The whole point of this is that you never know for sure whether the price will go down or up. You should always remember that if someone has lost money, then someone else has earned it. The problem with people who went from billionaires to millionaires is not that they traded, but that they traded money that could not be traded. This is the first rule of trading, don't trade with money you can't lose.

That's the logic in trading and that's why we do see huge institutional companies slaughtering the retail and small traders for their personal gain. And they're all doing that with the start of sending FUD to the market.

While many newbies think that trading is a gateway to riches. The time of making them realize that this is a brutal market, especially for them that shall teach them the hardest way is that they're willing to lose money at set in the beginning. But then, they should limit themselves in spending because they'll all learn these lessons along their way upon being familiar to this market they're in.

People actually don't lose money if they are trading in the spots market and not in futures or the project doesn't rug pull, they simply have the value of their money go down when they choose the wrong token or coin for investments and their money will get stuck forever if the coin doesn't manage to get back to the position where they bought it at, that's why it's important to invest only in coins that you know won't do that with your money.

Those who face such situations might hide it from others because as a part of human nature, we always hide our losses from others because we think that they will make fun of us but when we win, we share it with everyone so that we get appreciated, that is human nature.

Yep. The point is to have sufficient knowledge and experience. Without knowledge and experience, people cannot analyze when the time to entry or which coin to buy. It is a big mistake to trade or invest in random coins, it probably ends up with severe losses. It is also the same as choosing the wrong time to entry, you will have no opportunity to take profits if you buy at the highest price (ATH) and then you expect to gain profits in the bearish season. So, know well everything about crypto before starting to invest or trading, it is the crucial key for the success in crypto.

going into this market takes a lot of effort from your side as a trader. however, a lot of newcomers have this notion of getting rich quick once they are into crypto trading. well, they will learn quick that there's more than meets the eyes in this market.
experience and continuous learning about this market will equip you in your trading journey. but don't expect that you will always win when you execute your trade. you will still lose some if you are not careful with your orders.

This can be true about what op had explained but it does not apply to everybody because it is very certain that some persons would lose as an investor maybe due to inexperience or lack of information that can help them get to where they need to be. Cryptocurrency trading or investment is very risky for those who might not understand what it means and entrails. Fro us to keep making money in cryptocurrency, we need to keep learning new things so that the information we have will not be outdated due to new trending that is coming up every season.

A very common newbie impression or mindset on which you would really be mainly be thinking up on this way with your first time encounter on things on which it would really be just that normal to have that impression as a noob because you would be mainly seeing those who do make profits and trying out to put up into your feet and thinking that it is really just that easy. Buying low and Selling high?
Sounds really pretty basic but on the time that you would really be setting your foot into this market then this is where you would be able to realize things that it isnt something that you could be able to handle it out so easily. Lots of efforts and lots of considerations which you would really be mainly needed for you to handle yourself on this unpredictable crypto space. Investing isnt just simply putting up some capital then you're good to go. You would be needing to exert lots of effort and lots of analysis before you could make out such survival on this space.
Its hard but not impossible and it would be entirely depending on you on how you would really be gonna handling yourself.

new trends will continue to emerge not just every season, but every time as the crypto market develops. 
The risks of trading and investing in crypto are quite risky and it will put pressure on those who are new to crypto.
As a crypto user for a long time, I will even be affected by some inevitable risks such as when the market crashes and does not match predictions. 

Therefore it is important to learn the knowledge of crypto trading and investment. 
Currently new things keep appearing, new trends keep coming so there are lots of changes in crypto conditions. 
Although the cycle repeats but it will not be completely the same.

Both investors and traders are required to keep abreast of developments,
we can see for ourselves that the crypto market is constantly moving and if we fall behind it will be difficult for us to make a decision,
lack of experience also affects which sometimes people forget about it.

That is why you should keep reading the news every day, and if there are new coins or new developments in crypto, you should be up to date with them because you'll fall behind easily as the crypto right now is very far from 5 years ago, so if you just stayed where you are, you can't follow it easily. When it comes to experience, this will follow you once you have knowledge, as you are now more confident with your knowledge to invest or do trading. It is not required at first, but in the long run, it is very helpful because you can now say that this is a scam, or in your trade, you can easily say that this happened before, so the bias on this is uptrend or downtrend.

I've seen that all the time and other related memes into cryptocurrency those are some real life happen; one of the reasons is they got attracted to the possible of income, and they bought immediately without hesitation and proper execution of plan and goals why they bought those coins reason why its end of they lose most of their funds, investments, and even their assets, people learn from their mistakes, people quit, and people getting wise right now and keep trying and hoping they are one of the top earners this coming bullrun.

I believe that Cryptocurrency can make a man rich or poor it is true. But it is also true that many people has been established and has been economically independent from crypto. If anyone learn properly and then invest or trade on crypto then he will be profited otherwise if invest without proper knowledge here he will be losser and he will lost his valuable fund. So i think of anyone want to trade or invest on crypto he jave to gather proper knowledge about crypto. Then crypto will give us profit.

You are absolutely right that before investing in crypto currency market it is very important to choose good and best project. One should invest after having complete market knowledge, analysis and experience before investing. It is also true that sometimes our analysis can be wrong and the market can go in the opposite direction to what we predict. The market is highly correlated with both good and bad news, good news can move the market up and bad news can push the market down. People are making good profits from the crypto currency market, but for this it is very important to gain experience. Sometimes our trade may be wrong, it is not meant to be a crypto market scam. We do our own analysis and estimation but no one can make absolute guarantees.

Choosing the best project or something that we could really be pointing out fingers on the current top ranking coins would be ideal rather than on putting some bucks into those newly launched project.Im aint saying that it is a bad idea but we know that there are people who are really that a fan of investing into those low prices because they do prefer on investing into something on which t hey could see that they could hit up huge multipliers on the time that it would really be making out some pump.Unlike when they would really be going all in into those old established coins on which they could only earn a few multiples with those compared into those new projects. Investing and trading is different but both could give out that kind of chance that you wouldnt really be able to get on other places when it comes to profitability. It is really just that depending
on how someone would really be doing his best on dealing up on things which are truly that unpredictable.

As a trader when you trade you won't get every trade correctly, there'll be some mistakes but not every wrong trade means you didn't do your research properly or study the chart to understand where the market is headings. Crypto market is full of surprises and that's because of the volatility of the market. We have many traders buying and selling both Bitcoin and other cryptocurency based on emotions.

There's lots of fomo trades and also that of fud which could change the market direction for the short term but that won't stop the market from heading to the direction it was heading initially. When we get wrong trades we have to cross check to see what really happened.

Both option is true when investing or trading in crypto can make you or mar you, depend how smart and lucky moment when investing in cryptocurrency. But for loser will answer cryptocurrency is lies and make them poor, have good answer for people investing in bitcoin earn much profit due right time when investing and they can manage from greedy.

Investing in cryptocurrency is not only about profit or loss but how to learn from mistake when first time investing, need to memorize about right moment for investing and can manage with fud coming every time. Don't be panic when price from coins investment going drop and keep realistic take profit when coins assets have going up.

I don't think this is true. Obviously for some crypto has changed everything. I think specifically talking about crypto making people poor, these are the people who actually entered in a bull run thinking that everything will keep on skyrocketing and we will keep on running upwards. But then the best run kicks in and these guys eventually lose even the cost that they had invested.

That's because most of the people doesn’t follow the proper way of investment, rather they take crypto as gambling for change luck overnight and at the end, they lost their money and creating such memes. Although that memes are right, from the point of view  during crash of crypto market. People lost a lot even who held potential coins. But after some years, crypto pump again incredibly. So people who had hold crypto with patient, never get disappointed at the end.

Such a mindset is certainly wrong that assumes investing or trading in crypto will provide instant profits,
crypto is so complicated that it needs knowledge and skill,
those who are patient and stick with crypto know what to do and they are experienced.

Cryptocurrency is a big lie if you're the type of person who put the blame to someone or something to forget disappointments and frustration for a while because of your own mistake.

Most of the newbie investors and traders thinks that investing or trading in cryptocurrency will make them rich right away, so they sell their properties and other valuable things to have something to invest in cryptocurrency, so the reality slapped them hard and then they became homeless because they were so reckless for jumping off with the wrong mindset about cryptocurrency.

I always laugh at those people who blame bitcoin for their own stupidity, whether they got scammed in ponzi or pyramiding schemes that uses Bitcoin as a bait.

Ah well there are people who start now and still make decent amount of money so I am not going to be in dilemma of memes and what others think about the bitcoin really. It has made money to thousands of people who started way later when bitcoin price was way way up as compared to the launch price. If anyone is trained wel in the trading they can just start at any point, grab their profits and make more. Those memes are just from the people who never technically understood the at most importance that Bitcoin holds. On the other hand some of them have really made money just from holding their Bitcoins so imagine the value it holds and supporters it has. I hope everyone just stays opposite to what memes suggest.

But actually seeing or reading up those  line of text with images are indeed that do happen on some users or investors here on this crypto space on which due to different taking and decisions that had been made on

their investment would really be leading into this kind of state on which people would really be having that huge problem if ever they would really be trying out to stop such losses on continuous ways.
This is why its really important that you should really be knowing the risk involve on the time that you would really be stepping your foot into this space. Crypto could neither make you rich or getting wrecked

or totally opposite. This is why you shouldnt really be that so confident on whatever steps you would be making. Always be serious and always continue to learn up so that you would really be able to handle
yourself well on this volatile market and sustain somehow despite of these movements.

Reviewing what he said, if you look at the majority of people in crypto, it's what they are after. Many people here don't want to learn the fundamental road to make it, they preferred to have a shortcuts which is why many of them love meme, I mean why would we buy meme tokens if not that we are having intention to take money from each other, because the use case is not there, people are buying lower to sell on the late comers who buy into the late hype of the coins and it's a very bad habit.

The basic rule is the best as you said; as a trader, I will never buy and hold meme tokens but when I see the opportunity to trade them, I cashout from the liquidity they create because it's what people love and they will are always willing to get them into their portfolio and that is why it's sweet to trade them.

Investing and trading are two different things. Buying a particular coin and holding it for a longer period of time in the hope of making a profit is generally considered investing, and using money to buy a particular coin at a relatively low price and sell it at a higher price is considered trading. It is usually possible to make multiple trades in a day. Trading and investing are two different things but neither should be done without adequate understanding about it. People who have a lot of money always choose investing but those who have less money usually choose trading to grow their money. Those who understand trading well and have a good understanding of the market can achieve a lot of success in trading. And those who like to take ricks and have enough patience can achieve success in investment.

Seen this image made my day was all cracked up, starting from the dude driving a car and maybe latter sold it, the market can so humble people, despite holding is not has easy has it sounds, the problem with crypto is that you can not predict the future you can only assume based on records, having bitcoin at a high value and you end up selling very low and at the end of the day, the investors get tired and end up leaving the market. What i noticed in investing is that you should but it at the back of your mind that it's a 50/50 thing, because anything can happen to anyone at any time adding knowledge is an additional help.

Not all that lost the coin holding after holding for long are victims because of lack of education or knowledge on cryptocurrency investment because at some point one could get scammed just like in the case of Luna Terra where many cryptocurrency experts lost huge amounts of investment even some cryptcucrency exchanges all lost money.


So in that case it is an unexpected exit scam that can be pulled off at anytime when holding altcoin, which is why Bitcoin is the most suitable asset for long-term holding.

Actually, people who invest high amounts in meme coins tend to make such memes when they have lost their investments because not all meme coins gain significant value over time and they only do it in their initial phase when they are heavily hyped by the community. Those who choose proper cryptocurrencies such as Bitcoin and have enough patience to wait until the market enters the bull run, won't face any losses at all.

It basically depends on how much knowledge and information one has about the cryptocurrency market and how it basically works, those who enter the market without any knowledge and make investments without much thought and understanding tend to lose money in the long run.

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything  then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

Newbies often jump into trading at the dearth of experience and they are not to blame but the media buzz makes them added into the greed factor. Now this can avoided in a ideal case where they learn trading side by side they do dummy trading to quench their trading thirst for the time being and then when the cycle comes back they are do the actual trade with real money.

Luck is less important in spot trading because the cycles will circle back and you will get your opportunity - more so if you are only into bitcoin and have the patience to hold through.

for those who are new to trading, of course, it is a common problem. and I guess when they start off wrong than giving them trading experience will improve their trading skills in the future.
there are also traders who start their trading by simply following the signals from the channel. but after he observed, indirectly it provides experience and also knowledge in trading so that he can finally trade independently.

It's really true, especially for those that are doing margin trading and investing heavily in altcoins that are not even in the top 10. I used to ask a lot of crypto newbies why are they investing nearly all of their crypto investment budget, especially on meme coins and new start-up projects. Their answers are because they feel that they are already late in investing in bitcoin. Most of them wanted to become rich or richer and they did not know that they are already taken by greed.

As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

Actually investing and trading in crypto can make and may you both. If anyone gather proper knowledge about crypto and were huge experienced after then he could be profited in crypto invest and crypto trading. But if anyone without proper knowledge invest and trade on crypto he will be losser there has no doubt. So at first we need learn about cryptocurrency and then invest here. A new comer never understand market strategy so he will be losser. So i will tell investing and trading in crypto can make and mar anyone.

It's not uncommon in crypto to have some losses and some gains.
Investing and trading in crypto has a greater risk than investing in other platforms.
I have even experienced losses of thousands of dollars, but the profits I made also exceeded those losses.

Continuing to invest in crypto will grow a lot of profits if you continue to be patient and not panic too much.
Just need to wait for the price to rise according to the target that has been determined then sell.

But Investing in some traditional assets can also be a good suggestion because you don't know when investment in crypto crashes.
Investment in the traditional sector can be a good backup for your crypto investment.
So run both then you will get a lot of benefits.

By looking at the meme image, I already understand that the meaning of the image depicts a crypto investor who suffers losses and falls into poverty.

Hmm indeed I can't deny the content of the meme image. Because in reality, not a few, investors in the crypto market have experienced losses to the point of spending all of their wealth. But the question is, are all the disadvantages wrong with cryptocurrencies? I don't think cryptocurrencies are completely wrong. Because supposedly, everyone who decides to invest or trade in crypto, must be able to accept every risk that befalls them sincerely. Because basically, those who decide to join the crypto market are themselves and no one else.

And another factor that causes many investors in crypto to experience losses is caused by a lack of knowledge and being unable to control their emotions. These two factors can indeed be fatal, if not in mind when trading or investing in crypto. So in essence, what makes a crypto investor suffer a loss is himself. Because of greed and a sense of haste, you want to quickly get big profits, but it will be a long process.

You should know one thing some traders love shitcoins to trade because those coins are too volatile, and traders love pumps and dumps. They can make money in both ways. Shitcoins are also known as leverage tokens. If a new trader buys shitcoins and doesn't know much about the token or market movement, they are unlikely to get a profit from it.

Investing in crypto is a different thing. I discourage people from investing in crypto other than Bitcoin. If someone wants to invest, go for Bitcoin. Still, if they want to pick another choice, go for the top established coin, even though I discourage investing in any crypto except for Bitcoin.

Its one of the expensive mistakes many newbies make when they newly gain interest in cryptocurrency. Their desire to earn rocket profits lures them into shitcoins investment which most of them have no iota of knowledge about the coin. Bitcoin should be a good start for any newbie that wants to trade or invest in cryptocurrency, your losses are minimized, less panicking as there's no pump and dumps and volatility is not as high as those of shitcoins. Bitcoin is the only good start for any newbie trader.

While I agree with what you have said, I am unsure if you understand my point. Yes, Bitcoin is a good start for everyone. No matter if someone is old enough in the crypto market or a newbie. If anyone wants to invest or hold a coin, Bitcoin is the only choice. But, when it comes to trading, newbies should choose Bitcoin only. If newbies choose shitcoins to trade, they might end up losing it.

Suppose you are a pro trader and know well enough about the market movement. I believe you are good to go with shitcoins to trade. As I already said, pro traders love shitcoin because of its volatility. They do leverage trading with these coins.

Unfortunately that is the main reason for a lot of them. It's not going to end up with them getting a good result, but that doesn't change the fact that it's going to be the most important one. If you keep on investing into bitcoin you could still make profit, maybe not as high as you want but at least you will be making a profit.

However, if you end up investing into those silly altcoins then you are going to end up being upset and I think that's going to cause a lot of trouble. I believe that if you could make some profit, then in that case we are going to see them make some changes here and there. So just invest into bitcoin, get the profit you could get, and at least you will be up, compared to alts where you will lose it all.

Trading or investing can make you rich or poor in all these ways. Here also i believe investing will never disappoint you money but trading can disappoint you. Moreover, the crypto market is a stick of competition so you should fight from your own needs. Here we can only give some idea but the amount of loss will have to be borne by you.

Very situational if we could really say because in every investment then there's those people who do able to succeed and there's those people who do fail and ending up on losing the assets and huge money because

there's no guarantee in the first place in speaking about success because there are lots of factors which would really affect out our success and this is why getting confident on every decision you make
specially on investing is never been that ideal or something that would really be that you should gonna do. Always take have that serious approach because if you wont really getting serious to it
then you wouldnt really be able to see positive results.Although im not saying that all arent serious with their investment and even if we have done this thing but still there are really things which
arent really meant for us no matter how hard we do and no matter how hard we do try which it is really the basic principle and things that do happen in life.

I think this is a hard truth, which is conveyed by this meme of yours.  Moreover if you see most of the crypto investors world wide are in this situation because they fail to follow some basic rules and regulations. First I would say this is more the case for those who invest more than they can afford to lose. Then there are your own self-emotions. In this case, most of us investors make mistakes and sometimes even experienced ones make mistakes. I myself lost control of my own emotions many times holding bitcoins and suffered losses that I still have to bear. My current thinking is to just hold Bitcoin and wait for the next bull season with gritting my teeth and to avoid another loss without an emergency.

Being a trader and an investor is a choice, but both have the opportunity to profit. If you don't have good skills at trading, then you should be able to become a long-term holder. But you also shouldn't ignore the risk either even if you never intend to sell your bitcoins under any circumstances.

I believe being a long term holder can get you huge returns if bitcoin gets really bullish next year. So prepare your investment portfolio as well as possible and be patient to get returns from bitcoin. Investing and trading have risks, but every possible risk can always be minimized.

Both cryptocurrency trading and investment can disappoint which is the message passed through the meme posted by the OP of this thread because most people believe that once join or invest in crypto they are automatically rich whereas the risk in crypto is also high just as the profit involved. What is important is having vast knowledge about investing/trading crypto and holding Bitcoin for long term.

One thing I can commend from the OP is that, the person go have edited the photo did good in using same image in a realistic way. Still, the changes remained in the vehicle in use and not the individual's arm. I expected some changes at that point as well.

Back to the subject, its not an easy thing out here especially when you trade daily, you've got to be conscious of the whole traing environment and your on going trade. Even after that, you still need to plan ahead not to end up losing your today's profit to tomorrow's trade. That's just how bad it can get.

Yeah, exactly. I believe that investments should be diversified into many different categories like real estate, stocks, jewelry, foreign currencies, and many more. Many of these traditional investments though are very slow-moving. And as an aggressive guy that wants my limited money to grow quickly, I paid a hefty price which I hope would be my biggest mistake as I cannot imagine committing the same mistake in the future. I lost a lot of my local stock market investment which was then my main priority. My country is beset with controversies and corruption issues which makes it less attractive. Now I am hoping to earn a lot in the next crypto bull run as after it I am planning to focus on real-estate or other possible traditional businesses while waiting for the next crypto cycle. 

Before investing, if we can invest by researching the price change chart of the crypto investment market, I think it can give us maximum advantage. Moreover, we should have utmost faith in cryptocurrencies. and always continuing to hold. Because the most important thing about crypto investment is long-term holding with trust in cryptocurrency and investing at the right time. This is what will happen to you if you don't invest in crypto currency properly and if you invest at the wrong time without researching the crypto investment market.

What you have to clarify, not all cryptocurrencies can be trusted. You must have seen a lot of scam projects or popular meme coins moments ago. they pump and then crash.
just believe in Bitcoin, and invest in Bitcoin. it's the best choice. after all, not all crypto can be used as a long-term investment asset. you must have seen crypto assets fall to 0. and that's the reason why we can't continue to hold our altcoin assets in the long term. Not all projects can compete in the market.