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Author Topic: Crypto is dangerous....  (Read 2829 times)
Kakmakr
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August 27, 2018, 06:58:33 AM
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 #81

So, in short what happened here was this. The student was too lazy to study and he or she decided to concentrate on something else that could give him or her short term wealth. The student thought Crypto currencies will be the "Get rich quick" scheme of the century and studies was not important.

OP, says the studies was the first priority, but when you fail several subject, it clearly was not the first priority.

Lesson : Do not look for a quick way out and also do not blame the technology for your failure.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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pekavcilar01
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August 27, 2018, 07:14:49 AM
 #82

Like every stock market, cryptography is risky. In the past, prices were constantly rising. For this reason, everyone invested, former investors have always won.

The crypto money stock market was very popular. That's why it's harder to make money. It's much easier to lose money now.
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August 27, 2018, 07:15:30 AM
 #83

I think that if you are not dangerous things cannot do any thing by self but if you are dangerous then you can do more dangerous things and crypto is not dangerous it is good for the online trade and more business.

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August 27, 2018, 07:17:01 AM
 #84

I believe that the traders in the bitcointalk forum know that the cryptocurrency market is very dangerous, but why we are still here because there are still many opportunities to make money in the market!
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August 27, 2018, 07:21:45 AM
 #85

I did not even think of running the crypto rush without major improvement in regulation. The Securities and Exchange Commission (SEC) has issued more than once warning investors about the dangers of digital money. Specifically, a decentralized ledger can record or handle transactions outside the United States, which seriously violate the scope that the SEC can manage if something goes wrong.
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August 27, 2018, 07:39:05 AM
 #86

crypto can be dangerous if we are too emotional and do it without thinking about the risks properly because in crypto we can become rich but can also become poor so we must be able to think wiser in making decisions
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August 27, 2018, 07:45:15 AM
 #87

You have to hit a balance between crypto, which I believe has turned into some sort of a hobby that earns, and studies, which I believe remain the overall priority of your life right now. There is nothing wrong with you involved in both of it. Life always means a lot of priorities. Therefore there is a need to focus on each one of them in a way that will not destroy the other.

Do not set aside your study for the sake of crypto in the same manner that do not set aside crypto for the sake of studies. Try to take care of both.

MEGA

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Flor1982
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August 27, 2018, 07:48:29 AM
 #88

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 did not guarantee a safe passage towards prosperity as well as the non crypto investments too therefore it will always depend on how do we do things to make it working perfectly. We all knows that Crypto is a risky investment because the price is really unpredictable therefore we should always  prepared ourselves if the results will not favor the things according to our plan.
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August 27, 2018, 07:57:54 AM
 #89

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.
Learn from our own mistakes and be positive so that we can rebuild our fate. Cryptocurrency is really dangerous specially, for the people that does not have enough knowledge with it. But I believe that if we will study the environment of cryptocurrency, we will become aware also of the pros and cons of it. In this world, there are full of obstacle that we will encounter, but we can surpass if we have endurance to do so.
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August 27, 2018, 08:21:49 AM
 #90

you did not get your priorities right bro, there is time for everything, time to study and time for whatever business you want to invest your money into, it is wrong for you to blame your failure/ poor performance on crypto. There is no way you can even be a successful trader if you dont know how to rearrange your self or prioritize your day to day activities.
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August 27, 2018, 08:34:27 AM
 #91

actually it all depends on how you use it. well, now I'm also being a student, and of course this is only a side. well, I'm so interested in bitcoin, because this is really a very cool technological development to learn. but, sometimes people use it to make greater profits, and some people succeed. Well, you don't have to leave your school for this. knowledge is something that must be prioritized.
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August 27, 2018, 08:51:50 AM
 #92

Actually crypto has a big chance, it's just that now you feel disappointed with your results, so you reveal crypto is dangerous, just like a criminal. If you benefit, of course, you will not disclose this.
I feel that crypto is one of the sciences used by people to mine whether it is mining coins or mining knowledge in the online world.
But I am happy if you prioritize your education, especially online education offered in various ico here, if you follow the two benefits that you will get. Stay on crypto that can increase your name and pocket.

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August 27, 2018, 09:15:10 AM
 #93

I think crypto is doing much and it is good to hold your crypto for future the crypto is not dangerous it is the clear payment system which is required for every one and if you are doing job for money that will be also fine way not a dangerous.
Sofia234Edwards
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August 27, 2018, 09:25:31 AM
 #94

Be true investors to understand the source of information. There is a lot of risk on the cryptocurrency market. You have to find out before investing, if you catch the wave, then I think the market is very potential.
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August 27, 2018, 09:47:41 AM
 #95

One certain thing is for sure and that is that bitcoin price can have so many variations in just one day but I think the righr word is risky and not dangerous. More than his I would like to thanks for the post when someone told that central banks are buying gold and they do because gold was always the number 1 trading option.

 
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August 27, 2018, 09:54:22 AM
 #96

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.


and you are a silly person, yes you should choose to learn and seek knowledge before being truly involved in this industry, and when your brain is possessed by money, your job as a student is not completed. the danger is not crypto but your mind.
QuppyTeam
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August 27, 2018, 09:54:40 AM
 #97

If you are investing in cryptocurrency, you have to be very, very careful at doing so, because you are using your funds and risk them without knowing for 100% what will happen next
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August 27, 2018, 10:09:46 AM
 #98

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 ?


I think cryptocurrency is not a dangerous if you know how to manage it. Once you are interested in crypto, theirs no need to be danger because you know already of cryptocurrency works, especially when you have un investment, you must be carefull at all times because it is your own funds so handle it carefully.
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August 27, 2018, 10:10:48 AM
 #99

Nice thread, good that you have bigger priorities than money. Knowledge is the key. Don't wait for luck, it may happen or won't, concentrate on things you have and influence on.
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August 27, 2018, 10:15:22 AM
 #100

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.
Learn and gain more thats what we need to do. Just stuck in depresed mind can not help us to move forward.
Its good when we can learn from mistake because that is actually what important on this cryptocurrency. Anyway, all kind of investment is dangerous include cryptocurrency so think wise before deciding.
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