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Author Topic: Watch out for the following  (Read 1022 times)
New_order (OP)
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June 09, 2020, 06:15:14 PM
Last edit: June 09, 2020, 07:21:28 PM by New_order
Merited by Dariusburst (3), CashbackLover (2), Daniel91 (1), OasisDre (1)
 #1

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
BIT-BENDER
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June 09, 2020, 06:47:01 PM
 #2

Newbies might shudder when prominent people or those they see as masters turn of with news -nagative- but I would encourage them to be more ebullient in there doings. I don't condemn asking others for advice especially form those that has shown solitude towards them in there cryptocurrency knowledge but sometimes if one constantly follows the current of news someday might be washed away by it. So it's easy newbies develop a gusto for learning.



In between, mate do you mind not making your posts look shabby with emojis
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June 09, 2020, 07:05:32 PM
 #3

I don't know why newbies are trying hard to follow successful people when everyone of us has a unique identity to the market. What I mean is the opportunity you see, is different from what I see and the main factor is the in depth understand of the market of one individual. Learning is way different from copying, it's not wrong to follow someone but just think that you got a brain to do it differently.

And then there are the projects that most of us hate right now simply because they are not profitable. It's been a couple of years since I quit investing and bounty hunting after a 90% scam projects that I joined I decided to quit and take the other way. The market is full of dark rooms, you're in luck if you don't get into one.

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June 09, 2020, 07:20:53 PM
 #4

The only regret for those who will possibly follow projects because of those who are involved in the building or sponsoring the project will always be tears all the way. Experience has taught us that: many of these billionaires aren't doing those projects for.themselves but out to connect the poor to the rich (ie) those guys influence these projects for the poor to make their investment and then disappear from the projects.

Though, no matter how we try to advise those newborn, they will still get into this because of "let me try this out maybe I will succeed". Influencer's are been used to impact projects these days and later be abandon to crash to the moud.

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CashbackLover
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June 09, 2020, 07:27:45 PM
 #5

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
This will only safe those who don't want to make unnecessary mistakes in crypto space, many don't care much, they only learn right after they make mistakes but before making mistakes? They don't really care much, thanks for sharing anyways, will be useful for those who wants to learn

kceekcee
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June 09, 2020, 07:44:20 PM
 #6

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power

To be honest, you do not have to worry about this things in crypto currency.

Before you do anything crypto related, always remember to stick to the basics all the time. The basics include that you should verify all sources, do your own research and get facts before investment.

Opinions, analyst and others should act as a guide to your research functions, not your source
kindbtc
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June 09, 2020, 10:13:45 PM
 #7

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
Well, definitely you are right and i think there is a need to focus on the third point more, people need to understand that margin trading is not for everyone , it is so risky that you can even burn your 100k account with a couple bad trades so avoiding margin trading is recommended and greed should not take over otherwise you can lose even your original money, try normal and 1:1 ttafing and master it to make consistent profitable trades everyday or week.

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JeffBrad12
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June 09, 2020, 10:34:15 PM
 #8

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
Im always joining in a hyped project that launched its IEO on major exchange site and i always got doubled as minimum profit because the early investors will be a party that gets a decent profit caused by the position has been giving more chance for the price of the coin to be pumped.
Normal trading is much better but it will be going back to how good people to trade in the normal spot market.

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June 09, 2020, 10:49:06 PM
 #9

1. Analysts give shit predictions just to fill their own bags with your money (they pump up the price first and then make you buy the peak, then dump on you). I only follow Blockchain Whispers, one of the best trading champs with hell lot of collective knowledge about everything, from normal trading to futures.

2. When a person couldn't keep his/her words, it's not worth it to follow dicks like McAfee and all other shit who involve their names with a project and hype it just because that project has paid them a very handsome amount and these billionaires - they just want to test our level of stupidity which is why they lure us into such shit projects.

3. Very true. Going directly into margin/futures without understanding the basics and checking out ability to even profit in basic trading is like you don't know how to play with needle and you start learning swords. Wink

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June 09, 2020, 11:58:08 PM
 #10

1. Crypto Analysts predictions
Some certain Crypto Analysts predictions may help you in making a decision but it is not absolute. You can just use it for one of the considerations. You may need them as one of the considerations moreover when you have no idea about what to do. then, analyzing by yourself is much better to complete your own right decision.

Hyped projects by billionaires or known people e.g McAfee
This person only wants to make himself popular and popular. Ignore him every time he makes a certain statement or surprising news.

Going into futures and margin trading when you haven't even mastered normal trading
You may, but of course, at first, you must learn about these types of trading. You may not only follow the free signals offered by other parties. In this case, just learn from many sources and use the demo to try it before going live. It will help you understand trading. if you are not ready ith risks, never turn into trading.


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ahyadinnn
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June 10, 2020, 12:08:37 AM
 #11

This will only safe those who don't want to make unnecessary mistakes in crypto space, many don't care much, they only learn right after they make mistakes but before making mistakes? They don't really care much, thanks for sharing anyways, will be useful for those who wants to learn
most beginners only see the benefits that can be obtained by professionals, without paying attention to things like that and they finally jumped into it without having the knowledge of trading and market analysis, it has happened with me in the past, but I tried to seek more knowledge after I loss
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June 10, 2020, 01:35:13 AM
 #12

1. I am a victim of wrong trades between 2016 and 2017.. Yeah there are a lot of instant Crypto Analyst in Twitter. Dont make fall from their predictions.
2. Mcafee is known for being a paid coin shiller of shitcoins. I hate this guy.
3. Margin trading is not for newbies , even experienced traders should be careful.

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
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June 10, 2020, 02:01:56 AM
 #13

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power

Probably, you might followed this things before that's why you are now telling us here not to believe on this matter, isn't it right?
Well, I don't walk in that way actually. I walk on my own way, neither follow the steps of others just for thinking that I can get earnings from
it, of course not!
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June 10, 2020, 05:12:22 AM
 #14

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power

1. There are no experts here, those crypto analyst are just making a wild and educated guess. Crypto trading is very different as the price is very volatile and it can go in either direction.

2. Billionaires are even used to run fake giveaways as well.

3. Future and margin trading sound like very easy. But it is not, you can loss your money very quickly if you don't know how this works.

Learn and educate yourself, that is the first thing and it should be your golden rule.

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June 10, 2020, 05:15:05 AM
 #15

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
It will be hard for newbies to take their eye off projects that looks like will be big in future most especially when it's coming from an analyst, few projects still use John McAfee for HYPE and it still works, as for me I've learned my lesson, the hardway seem like the only way
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June 10, 2020, 05:19:52 AM
 #16

Margin trading is not for everyone, not just newbies only even experts loss tons of money using margin trading, the first time I tried to go through what margin trading is on binance exchange I had no choice but to walk away, profits are more bigger and losses are more bigger too.

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June 10, 2020, 05:28:53 AM
 #17

1. Too many of them and you need to choose whoever you are following and likes of their predictions. Don't be too excited about everything they say. It's okay to be educated but you should know the limit of it.
2. Not every word of these billionaires are words of wisdom, sometimes it's words of marketing.
3. Just don't trade if you can't avail and practice it with small amounts.

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June 10, 2020, 05:37:44 AM
 #18

1. Sometimes crypto analyst predictions did come true, it's all about applying your own sense and strategy
2. Honestly I don't like projects that use well known people to promote their projects, instead of showing the world what their project can do they are busy talking about McAfee involvement
3. Margin trading are the highest risk trading strategy, not recommendable for newbies, some professional traders still run away from margin trading too.

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June 10, 2020, 05:51:42 AM
 #19

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
Almost all projects that John McAfee hyped are down in value up to their death door already, I'm not saying it's John's fault but yeah he sure got his reputation ruined already, my advice for newbies is to have interest more in the use case of projects not those hyping the project

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cosmofly
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June 10, 2020, 06:32:26 AM
 #20

Newbies like myself be warned, don't make crypto decisions because of the following, they are very misleading and extremely danger to your money

1. Crypto Analysts predictions
2. Hyped projects by billionaires or known people e.g McAfee
3. Going into futures and margin trading when you haven't even mastered normal trading

Seek for answers and you shall find, knowledge is power
I totally agree with you on ideas 1 and 2. The market is full of manipulation and celebrities always use their attraction to create cheap fomo news. Many newbies believe in the vision of McAfee, CZ and Justin Sun to buy Bitcoin and hold. After that, they were the ones who lost money from those fomo. So don't think it's easy to make money in the financial markets. We need to learn a lot and experience a lot to understand the kind of market we are participating in. That's what we need to learn the most in the beginning.

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