Crypto is dangerous....

[Escan0r]

Hello everyone, Today i'd like to share my story.
So in 2017 in sept, I first mined some electroneum coins and they were worth like $200 later, I as a student couldn't afford to buy Bitcoins for trading or holding, So mining did helped me ETN was a good coin, i would mine like 50 a day and it turned 20cents each, I got addicted to crypto and trading but i was scared to trade and lose those 200$ because then i'd have nothing, So from Sept to Nov, i'd just watch graphs and look at coins, Watch videos, try to learn trading and everything and in December i started trading and you guys know what happened at December 2017, But i was prepared so my $200 turned into like $150, still a loss but anyway.
But it went like this and i kept trading and everything, and i was in love with it...... Sadly in my Exams, I failed 3 papers in total 5... Because of Crypto, it takes you away from Real world, So i was disapointed because of it.
Now i trade carelessly without emotions, and i went above $200.. I saw many times and now experience told me its true that trading is 10% skills, 10% luck, 10% patience and 70% emotions....

good luck and enjoy your lives and don't ruin anything.

Edit: I still have high hopes from Crypto and i think this will change my life and i'll be not worrying about Studies later, But like people say "Don't put everything in one Basket" , so always have a backup. Study is my first priority and Bitcoin can be my side struggle and with luck and hard work, i might not have to worry about studies then.

Crypto currency is dangerous because no one can control them. Therefore, it is called dangerous, but if you are more careful, it might bring a lot of profit for yourself.

[unorowest]

My point was the same, Its dangerous if you let it.
The good thing is i get to give the papers again so i just learned a free lesson, with no bad effect or anything. But now like i said, i learned the lesson, This was just to tell people who are going with same situation to not make it everything for you...

Now i'm going to give the papers again, So my future is perfectly safe (For those who said i destroyed my future for $200).
Let this post be here though, in my here all i need is $20000 for me to live my life easily without working or anything, So is it possible to turn these now $280 into $20000 ?

Maybe I would have preferred the word Risky to Dangerous, of course Crypto trading is risky, especially if you are not skilled in the act.

[judel_2018]

My point was the same, Its dangerous if you let it.
The good thing is i get to give the papers again so i just learned a free lesson, with no bad effect or anything. But now like i said, i learned the lesson, This was just to tell people who are going with same situation to not make it everything for you...

Now i'm going to give the papers again, So my future is perfectly safe (For those who said i destroyed my future for $200).
Let this post be here though, in my here all i need is $20000 for me to live my life easily without working or anything, So is it possible to turn these now $280 into $20000 ?

Crypto is dangerous if we don't know how to handle it. But if know what is crypto and you understand how it works, you can say that crypto is not danger because you know how to manage especially when you have investment in cryptocurrency.

[Ponti]

I feel sorry that you had to experience this and failed some of your papers. But you have to decide whether this kind of work/hobby is for you. Financial world was never a place of pixies and Gandalfs. It is very tough place and crypto world is in its infancy stage which means the markets are going to be extremely volatile. I would suggest you learn how to trade first and learn how to do it with cold head and iron hands.

[worldofcoins]

One thing is certain. Crypto is not successful for everyone, especially when you first start out. The crypto market is unstable and uncertain, but at the same time by assuming these risks, some can also make a good profit. Its all about learning and expanding.

[rodskee]

It's pretty stupid that you blame your activities in crypto with your studies while you shouldn't in the very first place since you're still studying tho I started like you but never blame anyone or crypto with my actions in the real world or here.
But you learn something from your mistakes and you earn even more which is a good one.

That's true mate do not blame the mistake decision into other people investing in cryptocurrency
Because always i advice investing into crypto is decision of the holder not a decision of anyone
The suggestion came from your friends of herein forum is need you to analysts because people have own mind to decide theirselve

[Jating]

My point was the same, Its dangerous if you let it.
The good thing is i get to give the papers again so i just learned a free lesson, with no bad effect or anything. But now like i said, i learned the lesson, This was just to tell people who are going with same situation to not make it everything for you...

I really do hope that you learned your lessons here. You got carried away specially during crypto's peak last year

Now i'm going to give the papers again, So my future is perfectly safe (For those who said i destroyed my future for $200).
Let this post be here though, in my here all i need is $20000 for me to live my life easily without working or anything, So is it possible to turn these now $280 into $20000 ?

Ok so good luck then, hope you give the papers in time and pass with flying colors. You are still young, have a bright future. $280 - $20000 is very possible but thee will be a lot of challenges along the way and of course don't forgot about the risk factor.

[samcrypto]

Don’t blame cryptocurrency for your failing grades, its your choice whether to study or to trade more this is about time management i think. Yes, trading is consist of emotion so better to forget about that and trade with pure of study and research. If you’re not familiar yet, better to trade long while you are studying and don’t do day trading.

[SaeedKhan996]

My point was the same, Its dangerous if you let it.
The good thing is i get to give the papers again so i just learned a free lesson, with no bad effect or anything. But now like i said, i learned the lesson, This was just to tell people who are going with same situation to not make it everything for you...

I really do hope that you learned your lessons here. You got carried away specially during crypto's peak last year

Now i'm going to give the papers again, So my future is perfectly safe (For those who said i destroyed my future for $200).
Let this post be here though, in my here all i need is $20000 for me to live my life easily without working or anything, So is it possible to turn these now $280 into $20000 ?

Ok so good luck then, hope you give the papers in time and pass with flying colors. You are still young, have a bright future. $280 - $20000 is very possible but thee will be a lot of challenges along the way and of course don't forgot about the risk factor.

Agree Man! Thank you alot, atleast someone with sensible answer. I like to speak to the point, that's why some people got angry...

[Alexbelov23]

hello guys,
I think investments can always be 'dangerous', not only in crypto ... well maybe crypto is more risky and stuff but you know what you are signing for, right? crypto is a science... I got that since the moment I started to deal with bitcoin and other cryptocurrencies... you have to know a lot, you have to learn a lot, you have to be flexible and fast and after all count everything in, also losses... dangerous may be the wrong word, bt in the world of crypto there os nothing sure - but is it ever when it comes to the market and stick exchange?? nice evening, Alex

[PsylockReborn]

You need to learn how to manage your time. Your parents sent you to school for you to have a better future and yet you took it for granted because of spending so much time in trading crypto. Your studies should be your first priority and make trading crypto just a hobby not a full time job. Everything in life should be balanced so you won't fall off the cliff. I'm a crypto enthusiasts myself, working full time in a decent job and do have children to take care of. I still find time to do my studies about crypto and spend time with my family after my full time work. It's really how you manage time on everything to live a balanced way of life. Lastly, don't forget to exercise everyday. Fifteen minute walk or jog won't hurt you. 

[mekie]

Crypto is not dangerous, what is dangerous is dabbling in a market that you have little or no experience in. Charts, Graphs etc will only give you part of the story-crypto like any other commodity can/will rise and fall according to the current market conditions.

[xcajun21]

Yeah man, is addicting. When i had my trades on like a noob, without stop loss (even at first day of trading had this feeling) i purely couldn't sleep at night, so i made a harsh decision but at least i sleep better, with some regret still, but c'est la vie. Used to watch the chart all day doing nothing, more addicting then games or anything. It is hard these days to read a book or so, yet i think ur situation is worse, having exams for a better future for you and your family.

[Al-e_x]

many ways to get benefit from the crypto world, investment, mining and trading, I like your way, mining has a great level of difficulty, and requires a lot of capital.

but trading only requires altcoin strategy and analysis. I think trading is the best way to get advantages from crypto.

[achichy]

The danger of crypto currency depend on the mindset of the holder. some investors  who are not grounded in crypto currency can escape the danger of crypto  if he or she invest well. crypto currency is a two way business you can be rich when you invest well but when wrongly invested can lead one to a state of total penury. education and research is the key to been a successful trader in the crypto world. secondly i will like to advice all traders in the crypto market not to invest with their heart or emotions because to be a successful trader you must definitely be a risk bearer and she be ready to face worse days.

[SaeedKhan996]

The danger of crypto currency depend on the mindset of the holder. some investors  who are not grounded in crypto currency can escape the danger of crypto  if he or she invest well. crypto currency is a two way business you can be rich when you invest well but when wrongly invested can lead one to a state of total penury. education and research is the key to been a successful trader in the crypto world. secondly i will like to advice all traders in the crypto market not to invest with their heart or emotions because to be a successful trader you must definitely be a risk bearer and she be ready to face worse days.

Yeah man, you shouldn't let emotions make your decisions.
I'm not sad for Failing, Now i'll pass them with better results (I'm sure of that, never had below 80% marks) and will trade without Emotions

[Criptomen]

Almost any activity is dangerous if you don't have experience in this matter, especially something related with money. Elementary to change the light bulb is dangerous! Everything rests on knowledge and experience.

And in order to grow and develop, one must take responsibility for one's actions, and not blame the crypto

[aryaadikariyansyahsuwarto]

in investing you have to think carefully and mature, we can't jump in to invest, learn first what coins will be invested, and also the development of these coins must continue to be supervised, so there is no loss ..

[Peashooter]

A lot of people says crypto is dangeros because they do not know what is the crypto.My opinion is crypto is not dangeros.But we have to deal with crypto with our brain.After that we can get may benefits in crypto.

Yes bitcoin is not dangerous I think some people say this cause they don't know the true value of bitcoin and maybe lack of knowledge. Investing in cryptocurrency are good choice cause it give you a successful life in the future.

[dodgi]

Hello everyone, Today i'd like to share my story.
So in 2017 in sept, I first mined some electroneum coins and they were worth like $200 later, I as a student couldn't afford to buy Bitcoins for trading or holding, So mining did helped me ETN was a good coin, i would mine like 50 a day and it turned 20cents each, I got addicted to crypto and trading but i was scared to trade and lose those 200$ because then i'd have nothing, So from Sept to Nov, i'd just watch graphs and look at coins, Watch videos, try to learn trading and everything and in December i started trading and you guys know what happened at December 2017, But i was prepared so my $200 turned into like $150, still a loss but anyway.
But it went like this and i kept trading and everything, and i was in love with it...... Sadly in my Exams, I failed 3 papers in total 5... Because of Crypto, it takes you away from Real world, So i was disapointed because of it.
Now i trade carelessly without emotions, and i went above $200.. I saw many times and now experience told me its true that trading is 10% skills, 10% luck, 10% patience and 70% emotions....

good luck and enjoy your lives and don't ruin anything.

Edit: I still have high hopes from Crypto and i think this will change my life and i'll be not worrying about Studies later, But like people say "Don't put everything in one Basket" , so always have a backup. Study is my first priority and Bitcoin can be my side struggle and with luck and hard work, i might not have to worry about studies then.

In their actions need to blame themselves. You are a beginner and you felt like an expert, you had to consult with professionals, but you got a lot of experience, so you need to be smarter next time.