CAN'T RUN FASTER THAN YOUR SHADOW

[ukloon]

Everyone will make mistakes, even the professional legendary members get scammed because the quality of the scams are increasing. For safety, newbies should just stick to the top 20 coins on coinmarketcap, that way you won't get scammed

[Gozie51]

Op has made a thread that shows he understands this business, this is a very mature advise for learners and old guys on it who are still having issues with making money on trade .

But I think that rather than learning from the mistake of other people, is better to learn directly from your own and personal mistake(s) because, in trading, what matters and who matters is you and you alone.

[Kencha77]

I agree. Learning is earning in the crypto sphere. You should have the know everything that is happening. It's not just all about the profits and money it's actually learning to able to know how to get advantage of the technology itself. So that you will not get into the wrong path where you will be joining pump signals which is most newbies mistake.

[dimastegar]

Thank you for the motivation. Many people have succeeded in the crypto world because of their knowledge of the blockchain or about the crypto work system. However, there are also many people who succeed because they are lucky in the crypto world. For example.  You might not think that pizza that was bought with 10k BTC became the most expensive pizza in history.

[luthvie]

our shadow will always besides us, never run from original body, i think its like etherium whos never run from bitcoin.

[Ifemini]

Many have been talked into believing that crypto sphere is where the wealth lies,and after so much hype,they decided to join the moving train with the mindset of having their own share of the cake,no wonder,the moment such people joined,they will be asking for project that will make them millionaire and after one or two disappointment, they will be frustrated. It takes more than just a hype to succeed in the cryptosphere.To have it your way here,you need to understand that:
1.Just like life is not a bed of roses,so also cryptosphere is not,every aspect of life come with challenges, you need to take time to analyze the challenges to be able to have a way out of it.
2.Don't just come with the mindset of taking profit because someone promised some signal which are all trial by error,learn what it takes to take profit.
3.Learn from the mistakes and the achievement of those ahead.
4.Don't limit yourself,there are so many areas to explore in the cryptosphere,learn as much as you can because the more you know,the more you see,opportunity will not surface until you learn what it takes to see it.
 Believe me,your level in the cryptosphere is directly proportional to your knowledge of the cryptosphere.
Many try to run faster than their shadow but they keep finding themselves where their shadow is,meaning,you can only go as far as you know.

The most important requirement in the crypto currency space is knowledge
We all have to learn

But learning approach for each individual is different

Some learn by following the right process
Some learn after promoting fake projects for months without reward
Some learn after making a wrong investment
Some learn after repeating the mistakes again again and again

One important way is focus; with knowledge and focus; trading and bounty hunting skills will develop at a massive rate

[rosezionjohn]

I hope newbies will learn actually ,they are the ones taking the wrong path on crypto space and promoting fake projects ,even now that investors are turning to IEO investment some innocent people are still falling victims,there is no way in crypto space if you aren't ready to learn first

May I ask how long have you been in crypto?
How many projects are you promoting in your social media right now? Are you sure they are all legit?

[funnec]

It is very dangerous to try to run faster than show,and i know many have done that and now they are regretting doing that,we need to learn what it takes to succeed anywhere we are not trying to look for easy way out.

[nightl]

good text, thanks
Perhaps I agree, really - without personal growth there can be no victory in this matter, the maximum is short-term.
Technology and related things develop very quickly, you need to be in trend

[BKrex]

It is very important to learn the necessary things that will make us succeed in this crypto sphere instead of looking for a shortcut that will lead us nowhere.

[disconnectme]

What is killing the space is greed, I have not seen these level of magnitude of greed operating in this space before now, I was just imagining that what Satoshi was blaming the wall street and government for is eating deep into the space he created, this just show that human nature can't be changed

[Eildosa]

Yes, you have expressed the right thoughts. Success is achieved by those who are looking for and trying something new. The most important thing is never to stop. In crypto there are really many areas in which you can try yourself.

[Serve20]

Am sure those who are new to the game are listening, this is very important for them not to take the wrong decision in this trustless space. Even with this new IEO concept, one can still be a victim of scam, so it's very important for one to be extremely careful before taking any decisions.

[Gary Levanevskii]

I think you first need to figure out who you want to be in the world of cryptocurrency. For example, a developer or a trader. This is very different from each other.

[Jaycee99]

1.Just like life is not a bed of roses,so also cryptosphere is not,every aspect of life come with challenges, you need to take time to analyze the challenges to be able to have a way out of it.
2.Don't just come with the mindset of taking profit because someone promised some signal which are all trial by error,learn what it takes to take profit.
3.Learn from the mistakes and the achievement of those ahead.
4.Don't limit yourself,there are so many areas to explore in the cryptosphere,learn as much as you can because the more you know,the more you see,opportunity will not surface until you learn what it takes to see it.
 Believe me,your level in the cryptosphere is directly proportional to your knowledge of the cryptosphere.
Many try to run faster than their shadow but they keep finding themselves where their shadow is,meaning,you can only go as far as you know.

I would like to add (this is also what I learned throughout my journey)
5. You will and must be ready to lose. likely when you want to invest on a certian altcoin you must invest a amount of money that you are to lose. Why? because some get too furstrated the invest to much to a sure double momey back but in the end it a bye bye it will rather be no money back or waste of time you invested money returned to you with no increase value.

This number 5 I added is related to OPs number 3 leasson. which some make a mistake and learn from that cituation.

[starblocks]

The simplest and probably the most effective strategy would be to ignore most of the alternative assets where some argue there is more profits to be made but many find the risk factors too difficult to manage and just invest in Bitcoin itself and optionally a few top ranked alternatives and wait patiently for the next wave of adoption to arrive which is likely to increase the value your portfolio provided you've chosen good quality assets that have long term viability

[labilaab]

Very true man. Theres really no shortcut to success but strive hard thats why I just do crypto investment for past time or sideline since I do have a job. Crypto investment also is not recommended as a sole job or work alone and never rely on it all the time for your source of income.

[maxreish]

I hope newbies will learn actually ,they are the ones taking the wrong path on crypto space and promoting fake projects ,even now that investors are turning to IEO investment some innocent people are still falling victims,there is no way in crypto space if you aren't ready to learn first

Been there, done that. As a newbie before, whenever there was a hype, I tend to get excited and buy some coins believing in a wrong way that the hype means it is a potentially coin that is worth to invest. Our mistakes, our errors and our wrong way of reliance makes us a good and passionate crypto trader.
We misinterpret many things but we are reliable to make things right.
A simple reminder to every newbie and also for the other member. "You learn, You succeed."

[Akoldi_ibk]

I hope someone trying to outrun his shadow can see this post, retrace his steps, analyse his motive and learn from it before some hands get burnt. There is nothing as dangerous as having a wrong motive towards a business. It blinds the eyes to see the damage lurking around. Most newbies including my one time self always have that crypto is a get rich quickly impression until the market will humble and nearly rekt one.

[Mighty_crypt]

This is one of the reasons that its a must for newbies to learn the basics first before rushing to make profits ,knowledge is the only tool to progress in crypto sphere ,when you rush things out you will only find yourself where you began and with no knowledge at all,have the zeal of wanting to know more this is the only way