IS GAINING PROFIT A COMPETITION?

[Lilly Valencia]

The core of trading is competition to be honest. As in order to generate more profit through a pump an dump in the market. While this happens others are trying to take advantage of newcomers by shilling their coins in order to lure newcomers to buy them as they don't have much knowledge about the market. In the end your ability to gain profit is on how patient you are and mindful you are of your decisions as this isn't something you can rush.

[1715231240]

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[1715231240]

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[Alilamas212]

Competition might not be the only reason for gaining profit. Many people's livelyhood is dependent on the profits generated.

[Gelanwan01]

Doing own research is always the best rather than following other person's suggestion blindly. Many newbies make this kind of mistakes. It is advised not to make irrational, impulse decisions ragarding investing in cryptocurrency.

[Kaoeveth001]

Business is all about making profits surviving the competition. Gaining through competition always shows the productivity and development of any product that fight through its time and rivals and still gain profits. This is applicable also for the investors and owners of cryptocurrencies as they put their money on to something and hope for the benefit as the volatility of these coins lerking in the shadow always.

[Haelitha32]

If you are in the market to some business your only goal should be to make profit. But that does not mean you have to take iraational decisions or make an unplanned investment. That will make it even worse.

[dentolas]

I find that there are 2 ways people start, or with small steps and small profits and consequently small loses, paving it's way, learning and gaining experience... or people get into the "get rich quick" scenario and start following the ones they think are the best, doing crazy investments based on pure luck, trying to be ahead... and just fall behind...
we can all work together to build a new world, finnaly there is some light at the end of the tunnel as we now have some of the tools to change our society... people need to change their behaviour in life... and this is not much different than change their behaviour in crypto

[hongus]

Sir. markieeeloy - unfortunately you are not quite right. If you have good friends who also play as investors. Why can not ask advice? In any case, a project analysis is required. You will not mindlessly send your money into the void.

Tips are also very helpful. Sometimes it makes a loss sometimes makes a profit. The forum also exists for this. What would communicate and look for new projects for investment.

[windfaraday]

It is not right make competition to gain profit with another people in the crypto's world because everyone's luck are so different portion. In my opinion, someone's luck to gain profit just to be motivation and experience for me to get many advantages in the crypto's world because it can be helpfull to make me learn and more careful when trading in the crypto to avoid me from lost profit.

[Bittalk12]

Investing always is a competetion where your goal is to earn a profit. There will be a lot of competitors in the market with high or low funds to play with. The only person you can trust is yourself specially if the money is involve. A wise trader always do its own research and you are absolutely correct, we should never just follow someone's advise just because of curiosity and envy.

[GDragon]

Yes it is,  that is what you called competition among all company/projects. It is like the most beautiful services/products probably win and gain then the loser would get nothing but losses.

[Raggie]

Let it not be! That is the number one reason for the investors, especially new to this part because of jealousy about other users that they have come up with a good profit, so you follow their tips and turns out that you made a bad investment leading you to loss profit. Always make your own move, and to strengthen that up, you must do your own research regarding market prices, and the altcoins and coins features to fully come up with a good call to assure that your investment are completely safe and can produce profit.

Don't be sad that you get only a small amount of profit. It is better to get small profit, than to make reckless investments that ends in a bad profit. 

Does anyone experience this? Please share. Thank you!

I think so too. you better find out for yourself and learn about crypto yourself. do not easily believe what other people say. get a profit or not it's all depends on yourself

[tonbit1239]

Let it not be! That is the number one reason for the investors, especially new to this part because of jealousy about other users that they have come up with a good profit, so you follow their tips and turns out that you made a bad investment leading you to loss profit. Always make your own move, and to strengthen that up, you must do your own research regarding market prices, and the altcoins and coins features to fully come up with a good call to assure that your investment are completely safe and can produce profit.

Don't be sad that you get only a small amount of profit. It is better to get small profit, than to make reckless investments that ends in a bad profit. 

Does anyone experience this? Please share. Thank you!

For me, if you compete for a profit. It's like having no confidence for yourself. You make profit because you're good on your trades and have your decisions and due diligence for every move you make. it's normal to copy, get techniques from other good traders But being decisive and informed that makes stands out among others. Bad trades and losses taught you experience, that makes you more smart, careful and control your emotions the next time you enter into a next trade.

[Chronner]

Sir. markieeeloy - unfortunately you are not quite right. If you have good friends who also play as investors. Why can not ask advice? In any case, a project analysis is required. You will not mindlessly send your money into the void.

Tips are also very helpful. Sometimes it makes a loss sometimes makes a profit. The forum also exists for this. What would communicate and look for new projects for investment.

Dear hongus I really do not recommend you to listen to other people's advice. The fact is that if you make a mistake and lose your money you will blame them and not yourself. That is why I no longer recommend giving advice to anyone)

[yescrypto]

If there are people competing with you making profits you need to get rid of them, because I still don't get the reason why one have to be sad about your making profit as if you both are gonna spend them together or they only seems beefing you because they brought you into the game. People who compete with you are people who know you i think

[asayoyaasa]

One thing that must investor know is about their fund must be safe, of course its the main reason to survive in any trade. Get 5% per month is excellent gain, don't think you can make double on your fund, the market isn't yours.

[Who I]

Competition is everywhere. Just somewhere it is more, and where it is not even noticeable. In bounty, for example - the more people, the less money each one will receive. The ICO tries to prevent this and thereby attract investors. They make temporary bonuses, where anyone can have time to get them

[Script3d]

Let it not be! That is the number one reason for the investors, especially new to this part because of jealousy about other users that they have come up with a good profit, so you follow their tips and turns out that you made a bad investment leading you to loss profit. Always make your own move, and to strengthen that up, you must do your own research regarding market prices, and the altcoins and coins features to fully come up with a good call to assure that your investment are completely safe and can produce profit.

Don't be sad that you get only a small amount of profit. It is better to get small profit, than to make reckless investments that ends in a bad profit. 

Does anyone experience this? Please share. Thank you!

Each people have a different story you cant replicate others even if you try hard to copy all the thing they do and the result wont be the same, making your own path will be much better than listening to people what will you do, learn from your mistakes and others mistake so you wont encounter a huge mistake in the future if you surely learn from your mistake.

[Clavulanic]

Let it not be! That is the number one reason for the investors, especially new to this part because of jealousy about other users that they have come up with a good profit, so you follow their tips and turns out that you made a bad investment leading you to loss profit. Always make your own move, and to strengthen that up, you must do your own research regarding market prices, and the altcoins and coins features to fully come up with a good call to assure that your investment are completely safe and can produce profit.

Don't be sad that you get only a small amount of profit. It is better to get small profit, than to make reckless investments that ends in a bad profit. 

Does anyone experience this? Please share. Thank you!

Yes gaining, totally a competition, here in crypto, chasing projects that will give you a better earning is a competition, others want to hide a campaign that they believed a legit to keep the accepted numbers lesser, it really happens here, kudos for the generous people.

[Vieni]

If you want to be an expert in your niche, you’ll need to learn effective competitor analysis skills.

Otherwise, you could put yourself at risk of falling behind those businesses that adopt these strategies first.