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Author Topic: New investors are too impatience  (Read 7418 times)
basicnecromancycr
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July 06, 2020, 05:52:16 AM
 #441

You're a seasoned trader/investor as I understand and when I consider my experience it doesn't seem quite meaningless. Crypto sector is fuelled by hype or FOMO and when we started, we were somehow the same.
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July 07, 2020, 12:43:36 AM
 #442

It seems to be right that new investors are impatient on waiting for their profit to come on hand. Well, we cannot blame them because it is just a normal reaction of an investor that is being concern and always into check on how his investment is going. It is a money from your own pocket so the excitement of getting profit really shivers and excites you with that idea. Maybe they are not that being too impatient, it is just that they just want to see the results for getting into long term investment result sometimes makes people paranoid if thinking that their investment might get into a scam one so they want to see results on an instant to keep them feel secured. There is nothing wrong with that reaction because it is a common thing specially for a new investor.

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July 07, 2020, 10:44:30 AM
 #443

Every investor wants to profit amidst all things. Majority of investors are attracted firstly because of the ROI after which they will now look deeply into what the project offers. For the sake of scamming, no one wants to be a victim of such so it's better to have your money and profit early and know what you are left with after after sorting out things.
If you are greedy in doing this then this will make it a risk and therefore you have to look at the background of what is happening with the coins in investment if you only see ROI so now it is not right and it is difficult to at not the price as before.

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July 07, 2020, 10:51:02 AM
 #444

Every investor wants to profit amidst all things. Majority of investors are attracted firstly because of the ROI after which they will now look deeply into what the project offers. For the sake of scamming, no one wants to be a victim of such so it's better to have your money and profit early and know what you are left with after after sorting out things.
You're right, we want to earn and not be a victim of scam at the same time. Well short period to earn is really good but is it real? Most of them are not specially if offering a high return. Nowadays you need to conduct a research before entering in an investment because its your hard earned money that you will put at risk to somehow gain from it thus dont aim for high return in short period because its likely a scam.
If you have decided to invest in this market, it is best to consider carefully because the crypto market is not an easy place to make money. In the past I had many problems investing and had been involved in many scam projects so it was the hardest time for me. Now things have gotten better and investors are smarter every time they make a decision, so they avoid a lot of big risks in investing.

The crypto market currently is still related to stock market. This was noticeable when the stock market crashed due to Corona, we could see that the crypto market followed the stock market in this very case.

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July 07, 2020, 12:00:02 PM
 #445

Every investor wants to profit amidst all things. Majority of investors are attracted firstly because of the ROI after which they will now look deeply into what the project offers. For the sake of scamming, no one wants to be a victim of such so it's better to have your money and profit early and know what you are left with after after sorting out things.
You're right, we want to earn and not be a victim of scam at the same time. Well short period to earn is really good but is it real? Most of them are not specially if offering a high return. Nowadays you need to conduct a research before entering in an investment because its your hard earned money that you will put at risk to somehow gain from it thus dont aim for high return in short period because its likely a scam.
If you have decided to invest in this market, it is best to consider carefully because the crypto market is not an easy place to make money. In the past I had many problems investing and had been involved in many scam projects so it was the hardest time for me. Now things have gotten better and investors are smarter every time they make a decision, so they avoid a lot of big risks in investing.

The crypto market currently is still related to stock market. This was noticeable when the stock market crashed due to Corona, we could see that the crypto market followed the stock market in this very case.
Not really. People who have invested in the stock market still having problems with how they would sell out their money because the stock market is still down. Unlike in cryptocurrency, since bitcoin halving has occurred, other cryptocurrencies have also increased their value even we are still in the middle of the pandemic.

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July 07, 2020, 12:04:45 PM
 #446

Every investor wants to profit amidst all things. Majority of investors are attracted firstly because of the ROI after which they will now look deeply into what the project offers. For the sake of scamming, no one wants to be a victim of such so it's better to have your money and profit early and know what you are left with after after sorting out things.
You're right, we want to earn and not be a victim of scam at the same time. Well short period to earn is really good but is it real? Most of them are not specially if offering a high return. Nowadays you need to conduct a research before entering in an investment because its your hard earned money that you will put at risk to somehow gain from it thus dont aim for high return in short period because its likely a scam.
If you have decided to invest in this market, it is best to consider carefully because the crypto market is not an easy place to make money. In the past I had many problems investing and had been involved in many scam projects so it was the hardest time for me. Now things have gotten better and investors are smarter every time they make a decision, so they avoid a lot of big risks in investing.

The crypto market currently is still related to stock market. This was noticeable when the stock market crashed due to Corona, we could see that the crypto market followed the stock market in this very case.
The stock market collapsed by the Corona epidemic, but the crypto market didn't affect too much. I still see this market growing well in the last 3 months and now it still has good signals to have strong growth at the end of the year.

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July 07, 2020, 12:21:33 PM
 #447

The stock market collapsed by the Corona epidemic, but the crypto market didn't affect too much. I still see this market growing well in the last 3 months and now it still has good signals to have strong growth at the end of the year.
This market is not growing well but seems to fail to grow better. I think some big updates from giant projects in the crypto market can grow the market. but because of this pandemic, the situation is difficult.

Speculations over speculation, there are many traders who are still positive though impatience investors are being influenced by current
events, there a lots of homework to be done before you make your decision if you are looking to find success
from this business, never to follow market sentiments without doing deeper research.
SAving yourself from losing your money if you'll find time to work with your knowledge before
placing your investment.
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July 07, 2020, 12:23:10 PM
 #448

The stock market collapsed by the Corona epidemic, but the crypto market didn't affect too much. I still see this market growing well in the last 3 months and now it still has good signals to have strong growth at the end of the year.
This market is not growing well but seems to fail to grow better. I think some big updates from giant projects in the crypto market can grow the market. but because of this pandemic, the situation is difficult.
Compared to other markets, the cryptocurrency market is still very stable this year. Even though they are growing slightly and if we can overcome the current difficult period, I believe we will see ATH again soon.

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July 07, 2020, 02:39:43 PM
 #449

This market is not growing well but seems to fail to grow better. I think some big updates from giant projects in the crypto market can grow the market. but because of this pandemic, the situation is difficult.
Yes, because of this pandemic, the teams have difficulty developing projects, but for teams that are not afraid of this pandemic, they will continue their work and continue to work as usual to keep the project running and get the updates they want, for fear to the pandemic is a ridiculous reason, because ways to deal with it also already exists and everyone also knows the instructions of the health protocol.
That's a stupid excuse if teams claimed they have difficult time developing their project because of the pandemic, all it takes to build a blockchain project is your qualifications and the internet, everything you will use will be on your PC, whatever the team side to discuss between themselves can be done online through video calls

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July 07, 2020, 02:56:30 PM
 #450

You are right, it is very common to see newbie investors hoping to cash in within a couple of weeks, I would attribute this to lack of education, that's why when I meet a newbie, I always encourage them to learn, and get sufficient knowledge before they make any decision.

The crypto market is no longer what it used to be these days people barely make millions from crypto investment ( i am not saying it is not possible, but it is difficult).

And one more thing, newbie investors should  not take crypto investment as their sole source of income at least until they find their feet.

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July 07, 2020, 04:49:42 PM
Last edit: July 09, 2020, 09:31:02 PM by StephenJH
 #451

The amount of new investors in cryptocurrency is a lot now, this is good but they are very inconsistent. It is very dangerous to jump on rumors without trying to gain accurate knowledge. Which can have a detrimental effect on him? My advice to newcomers is to analyze and then invest.
That is right there are a lot of investors and the numbers of them are increasing from a day to another day. But it is really bad to see that they are inconsistent as you said. That is why they think that it is easy to make a profit from investment and also see the crypto-world as quick money. But it is something different than they expected. You must spend a long time to make profit from this world, on the other hand, it doesn't seem as possible.

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July 07, 2020, 05:19:31 PM
 #452

I couldn't help but laugh out loud when I saw this topic.

 Well, what would you expect from investors who are just joining the crypto space?
 Most of them make the mistake of thinking it is a get-rich-quick scheme which will make them wealthy overnight.

 It is important that they are made to understand the importance of patience in this space, and how it will profit them in the long run.
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July 07, 2020, 05:34:51 PM
 #453

You're a seasoned trader/investor as I understand and when I consider my experience it doesn't seem quite meaningless. Crypto sector is fuelled by hype or FOMO and when we started, we were somehow the same.

You are right. Most of the people who come to the crypto market come up with the idea of ​​getting rich quick in one way or another. They are not interested in verifying anything more. As a result of the fomo hype buy, they started their journey with huge losses. Because most of the new investors in the crypto market do not know about the crypto market. So they quickly become impatient, hoping for a profit. Crypto traders are also patient when they get the right idea about the market.

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July 07, 2020, 07:36:20 PM
 #454

The vast majority of new crypto investors that I am aware of are anxious and restless these days. Gone are the days when early crypto investors  invest in coins and watch it develop over time,newbies and new investors are too in hurry to make money and many turned crypto investment into life jobs.
The benefits of an investment is called returns which takes years to accomplish so its never going to be easy for those looking for short term ROI and yet fundraising like IEO still brings short term profit for smart investors,i think almost all new crypto investors lacks patience

On the one hand, you are right that investments are different, that there are short-term investments, there are long-term ones, and that you need to know the market and not make the main work out of investments. But on the other hand we are seeing an interesting picture. Many crypto projects in which funds were invested have crashed. They are no more, and investments are shaken forever. It turns out that if you invest now and wait a few years, then you can lose everything to the penny. I believe that if you are an investor, you should monitor the activity of the project regularly and in case of bad news manage to withdraw funds. And if you just wait, you can lose everything.
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July 07, 2020, 09:22:06 PM
 #455

yeah you are right what i see to that is that, some of them their morale high to earn, even when i started as a bounty hunter always eager to earn reward by selling has earn, but on the long realize that keeping or holding is the best to earn more.
you are right.
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July 07, 2020, 10:34:50 PM
 #456

yeah you are right what i see to that is that, some of them their morale high to earn, even when i started as a bounty hunter always eager to earn reward by selling has earn, but on the long realize that keeping or holding is the best to earn more.
you are right.
Crypto market is not as stable as it was in 2017,where holdings gives you more rewards, it isn't working that way any longer. The best of way of securing bounty reward is quick sell to stable coin. That doesn't mean you are impatient, that's smartness. Try that buddy.
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July 07, 2020, 11:30:32 PM
 #457

Crypto market is not as stable as it was in 2017,where holdings gives you more rewards,~
What do you mean by "not as stable as" above? Do you think crypto market in 2017 more stable? NO, it was not more stable but has a better performance than currently. If the crypto market was more stable in 2017, then there was no ATH of Bitcoin on Dec 17, 2017 ($20,089). To reach ATH, the crypto market should be more volatile or unstable. Then, there is a big move on crypto prices, including Bitcoin price.

~The best of way of securing bounty reward is quick sell to stable coin. That doesn't mean you are impatient, that's smartness.~
Why must seel to a stable coin? Do you think it will be more profitable by holding a stable coin? For me, it is better to convert to Bitcoin or Ethereum. These coins can have a chance to raise their values. It means more profitable than holding a stable coin that tends to have no significant change in price.

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July 08, 2020, 12:44:04 AM
 #458

I couldn't help but laugh out loud when I saw this topic.

 Well, what would you expect from investors who are just joining the crypto space?
 Most of them make the mistake of thinking it is a get-rich-quick scheme which will make them wealthy overnight.

 It is important that they are made to understand the importance of patience in this space, and how it will profit them in the long run.
Most new investors are only interested in profits, and this reason makes them feel very pressured when investing. I think if it is too rushed, it will only make the situation worse because investing in this market takes a lot of time to wait. The crypto market is no longer the same as before, so you can still be at risk if bad news comes out.

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July 08, 2020, 02:09:11 AM
 #459

The stock market collapsed by the Corona epidemic, but the crypto market didn't affect too much. I still see this market growing well in the last 3 months and now it still has good signals to have strong growth at the end of the year.
This market is not growing well but seems to fail to grow better. I think some big updates from giant projects in the crypto market can grow the market. but because of this pandemic, the situation is difficult.
Compared to other markets, the cryptocurrency market is still very stable this year. Even though they are growing slightly and if we can overcome the current difficult period, I believe we will see ATH again soon.
The market was growing slowly but with the stabilization that has already showed and it looks like the market will be running steadily for the next few years. I believe the bull may come next year but ATH can't be reached easily.

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July 08, 2020, 04:41:17 AM
 #460

The market was growing slowly but with the stabilization that has already showed and it looks like the market will be running steadily for the next few years. I believe the bull may come next year but ATH can't be reached easily.
I'll be skeptical about this. There's nothing we can say further than the next few months. It's not right to predict that the market will run steadily for the "next few years". That's impossible. For example, you can see from 2017 to 2020, the market has huge changes and fluctuates dramatically. There's no steady in this market. The volatility of the market is the reason why we can earn profits out of the differences and fluctuations.

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