Is Crypto market ruthless to naive investors?

[eaLiTy]

This market is ruthless to the naive investors who are emotionally attached with their coins and not booking profit  being greedy. Be opportunistic and earn the profit first rather booking losses. Am I right as per the present situation?

This is the case with each and every market, if you are planning to invest make sure you learn about the market before jumping into it, this is the case with stock, bonds or any market, if you are a naive person you will suffer the loss and i am sure many people lost their money in bitcoin when they jumped in when the price was at an all time high and rather than cutting their losses they might held onto them and end up in heavy losses, this is a new market and every investor must understand the price fluctuation and the risk involved while investing your money.

[jojohamasa]

This market is ruthless to the naive investors who are emotionally attached with their coins and not booking profit  being greedy. Be opportunistic and earn the profit first rather booking losses. Am I right as per the present situation?

You are right. This is the rule in the work here
Feelings do not thrive rolling
The field of numbers needs analysis, not feelings

But if you believe in currencies and expect a great future
Hold and love it as you please.

[miropp]

That's right. The most important thing is not to go on about their emotions and not to be greedy. The most important thing to make a profit, and do not worry if you sold the coin and its price after will be increased. Do not chase the big money, it will not lead to anything bad.

[allthebitandbobs]

A good rule of thumb is to have a number 5x 10x where u sell half your coins.If It moons further u still have skin in the game.If it crashes still in profit win-win but most people are greedy and never do that.

[Cryptotissue]

The crypto market is ruthless to people or investors who are just concern about making profits without understanding how the whole crypto space works. Naive investors are just victims of circumstances. The market is not responsible for making naive investors lose their investments.

[PointHope]

Due diligence would have told most folks ETH has some serious security issues. Maybe they can be fixed.

BTC has weathered many many attacks and has proven security and as a globally distributed network of p2p exchange...

BTC right now in the early adoption phase requires patience.

BTC gets the the most FUD because it is the biggest threat to the bankster system of global fraud and greed.

[maydna]

This market is ruthless to the naive investors who are emotionally attached with their coins and not booking profit  being greedy. Be opportunistic and earn the profit first rather booking losses. Am I right as per the present situation?

Yes, you are right. As long as you can book profit and not being greedy, you can get your profit with steady. This situation makes us become carefully to decide, and we cannot expect to make a big profit because of the market still unpredicted. Take your profit when you can see it and don't waiting for another time because it will not happen in the short time again. I am sure by doing that, you can take the profit in everytime you trade, and you can do over and over again to make another profit.

[starsquare]

To be honest the most ruthless thing is that there are many newcomers who are driven by the vision presented in late 2017 and in many biased crypto news portals. They will quickly get dissapointefd if BTC reaches new lows.

[libert19]

Agree, I myself have experience this, thankfully I didn't invest more than afford to lose and came out just fine.