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Author Topic: Never invest in any cryptocurrencies!  (Read 17730 times)
tiktokcoin
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August 14, 2020, 09:55:46 AM
 #261

So you mean to say we should just wait and earn crypto? coz for me investing in cryptocurrency is really a good idea and a good start.
i don't think cryptocurrency would grow if no one would buy or invest on it.

Just follow one of the rule "Invest what you can afford to lose"
That's right! I think some people are just too desperate about their failures then they can't believe in any cryptocurrencies! I have to make it clear that there are bad projects but there are good ones also! Consider carefully when you invest in a project! Investing is a hard task that requires a lot of proper knowledge and skills, but if you know how to do it right, you'll receive the reward properly!

this can be the reason why a lot of people afraid but it is also the reason of profit, imagine a coin keeps going up, it will simply reach high price as the BTC reached at, then you will need your money back to invest somewhere else you can't sell if none buying and this one buying probably will lose a lot

you just need some critical thinking and to keep reading and analyzing old behaviors of the coin is very important, it is the history repeating in every field of our life, circles going on nonstop.
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August 14, 2020, 10:28:52 AM
 #262

I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?




I think it depends on the perception of the person, if they have that kind of attitude and are willing to take all the challenges and risks dealing with this kind of industry, I can safely say that it will prosper but if they are just here with a mindset that it is easy to earn here and once they get lost just a little amount they started to cry this cryptoworld is not for them.

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Serco
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August 14, 2020, 01:31:03 PM
 #263

So you mean to say we should just wait and earn crypto? coz for me investing in cryptocurrency is really a good idea and a good start.
i don't think cryptocurrency would grow if no one would buy or invest on it.

Just follow one of the rule "Invest what you can afford to lose"
we do nothing to earn crypto was impossible for everyone. no one will give us free cryptocurrency except they were good man and know who are we. earning money in crypto will need much sacrifice and not only money , mental and psychology will tested while we decided to buy some cryptocurrency coin.and invest with amount tha we afford to lose was good point for beginers.

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August 14, 2020, 03:52:00 PM
 #264

So you mean to say we should just wait and earn crypto? coz for me investing in cryptocurrency is really a good idea and a good start.
i don't think cryptocurrency would grow if no one would buy or invest on it.

Just follow one of the rule "Invest what you can afford to lose"

I think you are missing a point here, OP actually meant if you come to crypto with the mindset of it being a get rich quick scheme, you shouldn't invest in crypto. Not actually from the perspective you see it. Investing in crypto has been one of the best things that happened to me over time, in as much as risk is attached. There is no investment without risk factor per say.
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August 14, 2020, 03:54:15 PM
 #265

In cryptocurrencies, there has always been and still is an opportunity to ride the wave of HYIP. At the moment it is DeFi, in 2017 it was ICO. But at the same time, you should not get emotionally attached to either coins or projects - this is just a tool for making a profit.
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August 14, 2020, 04:20:38 PM
 #266

In cryptocurrencies, there has always been and still is an opportunity to ride the wave of HYIP. At the moment it is DeFi, in 2017 it was ICO. But at the same time, you should not get emotionally attached to either coins or projects - this is just a tool for making a profit.
Well, don't expect to invest in them long term because the hype lasts only a short time. Then these trends will collapse and become scams, take advantage of these opportunities to make as much profit as possible, and if you want to invest safely, choose the top projects in the market
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August 14, 2020, 05:16:00 PM
 #267

If people don't understand cryptocurrency they should try to learn it, and it's better to try to buy it in a small amount.

But if that person thinks about getting rich quick then that is impossible, because cryptocurrency is the same as money, but only digital (digital money). Its value will increase or decrease over time.

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August 15, 2020, 06:12:20 AM
 #268

If people don't understand cryptocurrency they should try to learn it, and it's better to try to buy it in a small amount.

But if that person thinks about getting rich quick then that is impossible, because cryptocurrency is the same as money, but only digital (digital money). Its value will increase or decrease over time.

why not getting rich quickly, not impossible, it is just a low chance if you have no idea about crypto, the more knowledge you get the higher chance you have for profit.

cryptocurrency is not like real money at all, it can be similar to some of the weak money of 3rd party world which its money has no fixed price, but even these currencies are much much more stable than crypto coins, and have much fewer risks to reach 0 prices.

not the best comparison, crypto is far from money.
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August 15, 2020, 06:21:07 AM
 #269

I think many new investors don't even know what actually crypto is and how it worked. They just came here to make a lot of money with little investments. Actually first time I also came here to earn some money but now I realized it's bigger than that. I have learned so much and still learning and now I think I won't quite crypto anytime. Crypto can be a source of knowledge besides earning money.
some people also only hear stories from other people who have tried it first, such as success in crypto, and also failures from crypto and then conclude it before trying it themselves. however, there is always a risk in this. I personally feel that the risks and rewards are worth it. because it all depends on the crypto you choose.

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August 15, 2020, 06:41:16 AM
 #270

It seems to me that some people are still thinking about the losses incurred by investing in 2017 and they think that such a time is going to happen in 2020. The crypto market can change its shape at any time so before investing transform yourself into a knowledge force that you can pick good currencies and you will be superior for research.

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August 15, 2020, 06:51:41 AM
 #271

Every work every business neet time and patience if you think that crypto is one day game or quick rich game then it is absolutely wrong and you are losing everything. thanks for the post I agree with your arguments.

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August 15, 2020, 12:53:34 PM
 #272

Every work every business neet time and patience if you think that crypto is one day game or quick rich game then it is absolutely wrong and you are losing everything. thanks for the post I agree with your arguments.


it is impossible of course to be in days, but even weeks are not possible to get rich quick unless you are super lucky, it is not about the right time in the year, it is about buying in the best time in the history of bitcoin Cheesy can you imagine how much of good luck you need for that??

but to get rich or enough profit to not need to work and keep your work on pcs only comfort in your home you are in the right place.
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August 15, 2020, 03:19:39 PM
 #273

If you only choose coins in top 10-20 then I think it's not too big risk that we will face. Indeed, investing in Crypto is a very high risk if you choose Hype coins, which have a pump and dump. Some beginners like hype coins, because they think it will be easy to get profit.
Top coins are always risk and low profits. You earn huge profits from some top coins. Ok, only from a two year history, Binance coin then Litecoin, Vechain and now Ethereum. All these coins made a good announcement and development, so we got the results. If new investors don't want to take hype coins, then my suggestion is to wait for the next coins development.

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August 15, 2020, 03:21:39 PM
 #274

In cryptocurrencies, there has always been and still is an opportunity to ride the wave of HYIP. At the moment it is DeFi, in 2017 it was ICO. But at the same time, you should not get emotionally attached to either coins or projects - this is just a tool for making a profit.
Well, don't expect to invest in them long term because the hype lasts only a short time. Then these trends will collapse and become scams, take advantage of these opportunities to make as much profit as possible, and if you want to invest safely, choose the top projects in the market
At the time of the origin of DeFi, I did not have time to delve into the essence and specifics. Now as they say "the train is gone" so I will probably spend more time preparing for the altcoin season.
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August 15, 2020, 06:01:24 PM
 #275

I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?


Cryptocurrencies is jjust a form of money so either you need to earn it or buy it that is the only two options to have them.As you said we an earn them in the form of salary or just buy them from your salary, don't involve in the new tokens because they are just giving fake words and never going to exists here for years like some coins did.Cryptos are giving opportunities for the people to earn but people becomes too greedy when they see more opportunities but they forget about the risk factor.

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August 15, 2020, 08:08:34 PM
 #276

Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

Like what you said, crypto is the future currency,  so for me its really ok to invest or to participate in any projects but you should ready enough to take the risk. New comers in crypto are afraid to invest because they have insufficient knowledge on the trend of cryptocurrency.

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August 17, 2020, 07:38:47 AM
 #277

Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

Like what you said, crypto is the future currency,  so for me its really ok to invest or to participate in any projects but you should ready enough to take the risk. New comers in crypto are afraid to invest because they have insufficient knowledge on the trend of cryptocurrency.

yes, but unless they lose money learning how to invest, we won't earn money with this knowledge, and if everyone knows when to buy when to sell, and they take the same decision in the same time, who will be earning??
this is balanced market because of this variety of users.
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August 17, 2020, 10:21:28 AM
 #278

The cryptocurrency world has the highest risk.However, if the project is good, then it is possible to make a profit.In this case, you must think carefully before investing.Before investing for that, the invested capital can be invested by dividing it into 3 parts.A share for a long time.For a B share running trade.And to C share repurchase when a share price falls.

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August 17, 2020, 11:55:48 AM
 #279

Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

Like what you said, crypto is the future currency,  so for me its really ok to invest or to participate in any projects but you should ready enough to take the risk. New comers in crypto are afraid to invest because they have insufficient knowledge on the trend of cryptocurrency.

yes, but unless they lose money learning how to invest, we won't earn money with this knowledge, and if everyone knows when to buy when to sell, and they take the same decision in the same time, who will be earning??
this is balanced market because of this variety of users.
Just hope they will never fall into the scam trap again but so many times people were still falling into the same trap again. There will always be the losers and winners in the crypto currency and this can't be avoided. This is how the crypto works without any intervention.

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August 17, 2020, 12:09:33 PM
 #280

There is no denying that many many people, not just the beginners, will participate in crypto just for the sole purpose of multiplying its assets further, in an attempt to "get rich quick". This is a reality that we need to accept and at this point we just need to prevent ourselves from experiencing the mistakes of these beginners.  For us to multiply our investments, we need to research and research and  learn the ropes of the business. I will call it business because that is what it is, we invest and we profit.

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