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Author Topic: Do not be subjective  (Read 102 times)
goodpeople222 (OP)
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January 18, 2018, 12:08:04 PM
 #1

Do not be subjective just because you have made a lot of money in the virtual currency market that you can easily make money in other financial markets. More than 95% of stock market investors have lost money for this reason.
gakadem
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January 18, 2018, 12:14:54 PM
 #2

yes you are right, some people consider trading this crypto currency very easy
just because they once made it once and they want to repeat that success
over-confidence is also not good, keep thinking and do not be rash

usahaali03
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January 18, 2018, 12:16:56 PM
 #3

Yes it is very clear, because the investment strategy of each sector is very different. A small example if you are successful in bitcoin investments, not guaranteed to profit if you invest in ethereum.
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January 18, 2018, 12:19:39 PM
 #4

Yes, I agree with that. The only people who really make money in the financial market are the few people. Do you think you are the minority, so all we can do is be cautious.
myson2009
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January 18, 2018, 12:27:48 PM
 #5

Yes, subjectivity is the disease of drunks in victory. They forget about the reality that awaits us. So we all have to be careful.
cryptojoe
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January 18, 2018, 12:30:41 PM
 #6

ok, so everyone says what we shouldn't do. now tell us what we need to do in order to be successful.
swogerino
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January 18, 2018, 12:31:22 PM
 #7

People in the crypto currency markets are the same that play in forex markets, oil markets and similar markets online. The same applies to these people too, 95% of them have lost money in crypto trading and the rest 5% have made money on crypto trading. Who is subjective is doing wrong to himself first and then to the ones who are part of his life. The 5% who usually makes money in trading are objective people and not subjective ones.

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jeluhtajem
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January 18, 2018, 12:38:18 PM
 #8

You are absolutely right about this
subjective is okay but must still think relevantly, do not make quick decisions otherwise we will regret it, because investing in crypto currency is very high risk
SamReomo
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January 18, 2018, 12:40:22 PM
 #9

Do not be subjective just because you have made a lot of money in the virtual currency market that you can easily make money in other financial markets. More than 95% of stock market investors have lost money for this reason.
I agree with you as your points are absolutely right. The new traders who for sometime had made some profits think that they have mastered the markets, but unfortunately it isn't easy to master something like trading within short time. They might make some amazing profits due to the collapse of markets without even knowing much about the collapses, but they aren't aware about the actual thing that could happen in their life which could cause panic in some of them.

Crypto-world is something different than stocks, but trading and making money in this world is same as those of stocks or any other financial markets. They should study the markets carefully, and do their research completely, and have some experience time to be good enough as traders. Because the ones who doesn't know much about a market are the ones who might be preys to their own illiteracy sometimes in their career.

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Anti-Cen
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January 18, 2018, 12:54:15 PM
 #10

People in the crypto currency markets are the same that play in forex markets, oil markets

No they are not and unless something is flying up like Tulips or Alt-Coins then they would not be investing/gambling at
all so 90% of people here just use things like ShapeShift and brokers like Coinbase and only 10% would dare have
a flutter on GDAX or Yobit because they are slot-machine players or developers like myself who is the first to confess to
not being an expert.

Do not confuse professions with training with someone who's easily parted with there money as soon as they
have had a bit of luck because luck is running out here due to crazy high Bitcoin mining fees and the Lightning network
is not going to save anyone when it comes to fees like they are trying to make out.

See https://bitcointalk.org/index.php?topic=2776719.0

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
drunkcoin
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January 18, 2018, 01:01:39 PM
 #11

That's what half of all people on this forum do. They are proud that they've got some income with crypto and say about it everywhere. Another half are newbies who have no idea that the crypto is and registered here just to be trendy.  Grin Just kidding, so don't beat me LOL
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January 18, 2018, 01:03:25 PM
 #12

Greed can ruin you. "This time is different", never proves correct and is a sign of a top.

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