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Author Topic: Crypto is dangerous....  (Read 2829 times)
brylle34
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August 29, 2018, 10:55:39 PM
 #201

it is better to hold and study more about bitcoins rather than trading with emotions, i experience that also but for me i can afford to lose some because i can earn it again, while you are a student focus more on holding and don't trade because it will really affect your life style not unless your are an expert not to look at graphs everytime.
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August 29, 2018, 10:59:39 PM
 #202

It is upon the way we make use of it. There are lots and lots of things that were happening all around with bitcoin as the key factor. Also it is completely functional through internet makes it an easy to scam asset. These were the factors that make it risky which can be overcome avoiding the human mistakes and the greed to profit in short term without knowing much about it.
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August 29, 2018, 11:28:09 PM
 #203

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.
I think if you enter the crypto market at this time it is very dangerous, you can see that the market is in the downtrend stage so the bitcoin price can drop sharply at any time. You can see that bitcoin prices have been falling steadily over the past 8 months and are now heading for $ 7000 and are showing signs of easing.
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August 29, 2018, 11:30:33 PM
 #204

Hey man, sound's like you have other issue's you need to address. This isn't a crypto issue and no crypto is not dangerous. Your own personal problems/addictions ect are what can be the issue just as everything else. This definitely is not the space for you and you should find yourself a new hobby.. or maybe focus on your schooling? Don't spread bullshit
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August 29, 2018, 11:34:38 PM
 #205

lol. Emotions come not because we lose trading. But, come because we can't be patient. Whatever our trading results, we must be grateful.
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August 30, 2018, 12:21:38 AM
 #206

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 everything that we do there will always be a risk or dangers involved in it.
that is why it is a must that we must first familiarize ourselves into it by conducting our own researches and studies so that we won't regret the decisions we made.
especially here in cryptocurrency since in involves our finances.
but regardless you must take this as a lesson in order to avoid it from happening again.
Cheesy

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August 30, 2018, 12:33:08 AM
 #207

Crypto is like any other type of investment: you have to live your life because there is no guarantee of returns. If you get too absorbed into an investment, it can affect your rationality and, as you point out, cause you to miss out on other areas of life. Investing is just one facet.
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August 30, 2018, 12:46:42 AM
 #208

Cryptocurrency is always risky we will never knew when might just be the right time for buying and selling. Its always unpredictable as it could go up or down in any given time. So I would agree on you. Yet the realization that bitcoin should be a separate thing to studies is the best experience you have and should not be forgotten. Riches may count but knowledge is better than wealth because you can always be rich with good knowledge.

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August 30, 2018, 12:51:34 AM
 #209

No! , but we need to more careful about spams, our personal accounts maybe attacked by wrong sites, so crypto isn't dangerous. but we need to more careful about spams...

Well crypto world is not dangerous, but it requires more risk than you think, its hard to decide if you want to join crypto or not but i can tell you something. Crypto coins are worth to invest, proven and tested by many people, just came up with a good strategy so thay you can earn profit.

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August 30, 2018, 12:57:30 AM
 #210

Your studies is your primary investment, this is where you develop yourself into becoming a better person not only today but even in old age. Cryptocurrency is a means that may help you financially to profit and help uou in your endevours in life but must not be a hindrance to your education. If you’re able to manage both well, you will benefit well. Learn your lessons. Crypto is not dangerous, because it is meant for you to manage and not you being manged by it.

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August 30, 2018, 02:14:44 AM
 #211

Cryptomarkets are highly volatile, it will became stable we see more and more investment is pumped in to the system. It's highly profitable meanwhile there is equal risk factor involved. Invest wisely.
Before joining crypto we all know the risk on it because of volatility yet some claiming for it to be dangerous. Make good strategy and do not depend only on luck because trading is like a game, you might lose or gain profit. Danger is not on crypto but how you make it secure for you not to lose it.

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August 30, 2018, 02:16:01 AM
 #212

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.
before starting investing with crypto currencies we must understand all the risks that we will get in the investment, be good at reading opportunities and making use of to get profit and be sure and have enough patience to invest

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August 30, 2018, 05:35:18 AM
 #213

A lot of people says crypto is dangeros because they do not know what is the crypto, For me the crypto world is not dangerous the way other see it but it is an investment that needs matured minds
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August 30, 2018, 05:44:29 AM
 #214

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.
I started as a student too. look at me now, I am now working. I understand your struggle of being mentally exhausted due to posting in bitcoin and also studying at the same time. I recommend that you manage your time well and post from time to time not in a full blast because it will be hard for your brain to think. Whenever you feel like giving up remember why you started and also learn how to enjoy your life.



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[15.00000000 BTC]


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August 30, 2018, 06:41:12 AM
 #215

If u are blaming crypto because u failed in ur exams because this is ur fault, if we are planing to do crypto we need to learn technical and market analysis skills because learning give earning. crypto is not dangerous for everyone because many smart investors still making money in this bearish trend from small bitcoin pump and dump, strategy depends on our patience and skills than we can survive in crypto world.
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August 30, 2018, 07:23:07 AM
 #216

I see crypto like that of a car. It's nice, safe, mobile, fast, comfortable, and can take you anywhere. However, if you don't know how to drive it or if you drive recklessly then that's where the danger comes. It's simply dangerous if you don't know how to take control of it. Although some other outside conditions will likewise cast a danger to you. Nevertheless, it's all in your hands as to how to make it safe for you. Blaming is another thing. You need to examine your own self before you start blaming this and that. How you do it, smartly, wisely and intelligently, makes a big difference to your life.
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August 30, 2018, 07:25:11 AM
 #217

Cryptomarkets are highly volatile, it will became stable we see more and more investment is pumped in to the system. It's highly profitable meanwhile there is equal risk factor involved. Invest wisely.
Before joining crypto we all know the risk on it because of volatility yet some claiming for it to be dangerous. Make good strategy and do not depend only on luck because trading is like a game, you might lose or gain profit. Danger is not on crypto but how you make it secure for you not to lose it.
I think dangerous is not the proper word to describe crypto instead you must say that it is risky. Well I can't deny the fact that life in this system is very difficult. Crypto is indeed developing so we have to be patient. It's not a dangerous system and I swear to you that you will really enjoy living in here so come and try.
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August 30, 2018, 07:26:06 AM
 #218

Everything could be dangerous if you don't know how to use it correctly.

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August 30, 2018, 07:28:09 AM
 #219

Cryptomarkets are highly volatile, it will became stable we see more and more investment is pumped in to the system. It's highly profitable meanwhile there is equal risk factor involved. Invest wisely.
Before joining crypto we all know the risk on it because of volatility yet some claiming for it to be dangerous. Make good strategy and do not depend only on luck because trading is like a game, you might lose or gain profit. Danger is not on crypto but how you make it secure for you not to lose it.
I beg to disagree but I look bitcoin in a very different way compare to this quote. Well what I'm trying to say is that crypto for me is so nice and not dangerous. We can't deny the fact that it is very challenging and risky but it is what it is. You must try it and enjoy every single second you have because crypto is so good.

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August 30, 2018, 08:08:00 AM
 #220

Not upset. I am also a student and started in crypto as well as you - making a lot of mistakes and losing money, but after a time I gained experience and now I earn steadily on trading and bounty. Just not give up and learn-this is the key to success. Good luck.

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