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Author Topic: Crypto is not for the weak  (Read 478 times)
abdulodoi (OP)
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October 29, 2020, 10:30:56 PM
Merited by iamsheikhadil (1)
 #1

Getting into crypto is not as easy as abc, as a newbie you will feel stupid at some point or even look stupid due to the question you ask or how you relate with people. Scammers will try to scam you the moment you ask a noob question in the telegram group. Hackers will also try to steal from you by tricking you into giving them your private keys/ recovery phrase.

This crypto world is a jungle but you're in a forum where you can learn almost everything you need to learn, there are experts here ready to assist you and guide you, all you need to do is ask. But first you must read the rules, it will take awhile to get a hang of most things here as i am still learning the rules too.

Don't give up or feel too stupid, don't be in a hurry to post just to increase activities. Read and learn, study the high rank members posts and threads. Spend time in Beginners section.

Bottom line is crypto is not for the weak, you need to be strong and do alot of research.
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October 29, 2020, 10:34:43 PM
Merited by suchmoon (4), CryptopreneurBrainboss (2)
 #2

It's like many things in life - if you get too greedy or try to run before you can walk, then you will have a lot of problems. It is quite easy for a new person to enter into crypto if they go with a company like Coinbase and buy a fixed amount to just sit on. If you're looking for ways to multiply or get more bitcoin, that's where it becomes a lot more of a grey area. You also have to be more wary of any software you might be installing if you have large amounts of bitcoin, because hackers are increasingly targeting it. The anonymity of bitcoin could be one of its advantages, but makes tracking it down when it's stolen pretty difficult to do. As you say, learn and research as much as possible when starting out - take it very slow because there are a lot of devious people out there trying to get hold of your cash.

R


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October 29, 2020, 10:49:34 PM
 #3

How come a noob can be strong if they will not experience being weak?

Let them become stupid and weak during their early days in crypto.

In a matter of time, they will soon graduate at that level, slowly grow up and become knowledgeable. Let their fingers be pulled one by one because of their bad experiences.

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October 29, 2020, 11:25:32 PM
 #4

Financial markets are not for mental weak investors. They will shake hands and exit with losses. Their losses are big because they are brave when price pumps but are weak when price is dumped or corrected.

R


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abdulodoi (OP)
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October 29, 2020, 11:48:03 PM
 #5

<...>
Problem is many come into crypto to earn without bringing in any fund while some fomo into a investing and losing alot eventually.

<...>
It's true that one must learn to crawl before walking but we could avoid chapped knees while crawling too right?
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October 30, 2020, 12:07:53 AM
 #6

Not true, there aren't weak people or whatsoever you like it to call but there are only people aren't interested to join in cryptocurrency.  I agree that it is difficult to learn about cryptocurrency and put it into application but this is nothing to worry about because it can be learn. Just like when I was new I had made a lots of confusions but then later on as I tried it I was even gets excited knowing that this technology is new and  that made it even good to learn because of its great features that has been brought or introduce.
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October 30, 2020, 03:07:16 AM
 #7

There is no strong before weak. There is no master before noob. Crypto is one of the most difficult study areas that can be learned because it is a new thing, not many people go into it, and not many kinds of literature that can explain the theory about it as many as another study areas such as flat money and bank. When you feel weak in crypto but you really wanna be a master on it, don't be worry! Because this is a natural reaction for someone who is learning a new thing and really strange for him. I couldn't agree more, crypto is not for the weak because it needs someone who has the feeling like a fighter.

When you learn about crypto, you will face the advantages and disadvantages. If the loss is found for the first time, all you have to do is evaluate the mistakes yourself. What is the main cause of the problem, and find a solution to the problem? There are many advantages and there are many downsides if we are right or wrong to step into the crypto world. Because those who have high profits will also have a high risk, so only someone who has a warrior spirit can explore this crypto world.

Like a toddler who is just learning to walk, it will be a long process first. He has to learn to move his body, start crawling, start standing, start standing without holding on, start walking, and walking. He will experience many falls and rise again until he can really walk. There are no instant results.

Stay enthusiastic for those of us who are exploring crypto, never give up until we become masters in crypto. Continue to learn and be tough in finding sources of knowledge, both from friends in this forum who are more experienced, reading a lot of literature, and other sources. Quote of the day that I want to share, no results betray efforts Smiley
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October 30, 2020, 04:21:17 AM
 #8

Not true, there aren't weak people or whatsoever you like it to call but there are only people aren't interested to join in cryptocurrency. 

Weak people that the OP are talking about are those who are not courageous to invest in cryptocurrency.

Uninterested people is very different from weak people, because they knew what crypto is, how it works, and its benefits but they are not interested or they think that it is a waste of time.

We have nothing to do with them if they chose not to invest on cryptocurrency, but those weak people can be encourage to invest on it. Don't say that bitcoin is not for the weak, bitcoin is free for all who wants to invest on it and it takes a lot of time for it to learned and studied. It takes a matter of time in order for you to know how determined you are in growing your cryptocurrency in the market.

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October 30, 2020, 04:29:34 AM
 #9

How come a noob can be strong if they will not experience being weak?
one can be new to cryptocurrency world but not new to life (wasn't born yesterday). majority of crypto related scams are too obvious that it is surprising how some people fall for it. in fact this type of people will never learn, they will just lost a lot of money and then go away.

for example take these investment sites that promise a huge profit per day for just depositing your bitcoin with them. that is an obvious scam! or all these ICO scams that claim they are changing the world and moving mountains just by releasing a garbage token! you don't have to be a cryto-expert to see past their bullshit.

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October 30, 2020, 04:37:44 PM
 #10

If you do enter with gusto and stick around you will certainly learn a lot about yourself, and the nature of others. The life lessons people have picked up through being involved in this would certainly make for an interesting read.

In general my opinion of humanity has lowered considerably through getting involved in this, and it wasn't all that high to begin with. Greed sure is an overwhelming emotion.
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October 30, 2020, 05:55:38 PM
 #11

Same thing with every industry you are trying to get into, truth is, you will always feel uneducated when you are starting, no one starts something as a genius. The only thing you should do is to never start learning, and strive to be good. And because you decided to be here, then it is your sole responsibility to improved. I don't want to call them weak, it's better to call them starting. And I may also add that being a newbie isn't a reason for  to be baited in the world of scams, cause scams are also there outside the cryptocurrency. As a newbie, they need to be careful and to be hungry to learn something, not to be hungry going for the money even without learning a single thing.

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October 30, 2020, 11:45:10 PM
 #12

The hardest part about crypto is that there's too much garbage around. There's a ton of shitcoins that sound good to unqualified people, there's a lot of crappy news sites that produce low value articles every few minutes, there's too much bloggers and wannabe educators/influencers who don't understand themselves and just spread misconception or shill for some shitcoins. Crypto at its core isn't that hard, at least the basics of it, reading one good book, like Mastering Bitcoin, would already put you far ahead of an average "crypto enthusiast".

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October 31, 2020, 06:30:42 AM
 #13

Well some people are not just weak in Crypto but all they need is to be educated and given healthy orientation about Cryptocurrency. Crypto doesn’t require any muscular advantage as it’s a digitized currency so being weak in Cryptocurrency to my understanding is the lack of knowledge about the activities of crypto. There  are still lots of beginners who are desperate and willing to learn about Cryptocurrency and in their quest for these knowledge and out of curiosity they fall in the hand of scammers and con men.

There is always a starting point in any journey and every professional today was once a novice. It’s all depends on time, determination and the ability to improve on oneself daily. So we should channel our energy in helping newbies in Cryptocurrency and considering them as weak vessels.

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October 31, 2020, 07:52:24 AM
 #14

Most of the members start with a "newbie", rank, term, or any called as the beginner time by the time they experience a lot of things to do by that they can encourage themselves to learn more and gather more information to make themselves aware on the things happen. Also, it's better to support other members too because sometimes they are good and knowledgeable members but because of the "hierarchy" of ranking some of them are getting set aside, but still, there are few of them are getting out on the box and showing that they are a useful member too those are the one who ranks up immediately because they share all they know.
Pushing yourself to hunt and courage to get more and not to stay weak into the jungle.

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October 31, 2020, 09:14:00 AM
 #15

Crypto is one of the domains where the main way you learn is through your own mistakes. There are lots of things you simply do not get unless you make them. Unexperienced crypto members who are getting scammed by complete strangers on Telegram should take that as one of the biggest and most important life lessons they seem not to understand yet: do not trust humans, because you are all on your own.

It is not for the weak, but if you are smart enough to get through and take every negative thing as yet another lesson, you will get through successfully and in time, you will become strong as well.
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October 31, 2020, 10:24:42 AM
 #16

How come a noob can be strong if they will not experience being weak?

Let them become stupid and weak during their early days in crypto.

In a matter of time, they will soon graduate at that level, slowly grow up and become knowledgeable. Let their fingers be pulled one by one because of their bad experiences.

There you go! You nailed it! Before these people became crypto legends, they are stupid and weak in the first place. Not just for a day, or a week, or a month, but it took them a very long while to finally overcome their stupidity and weakness in this industry.

I’ve entered crypto since mid-2017, and I had to admit that until now, I am still stupid and weak. But the difference? I’ve learned a lot and when I take it to the next level, the difficulty also rises and from that new level I became weak and stupid again. But I keep learning and grinding all the way until I’m getting used to it. I never claim myself to be at the top already, because I still made mistakes in terms of trading decisions, etc. I swallowed my pride because I want to be an empty cup to absorb new learning in the crypto, blockchain and DeFi space.

Pla
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Play Smart Win Big!
Daniel91
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October 31, 2020, 11:36:29 AM
 #17

I would say that patience is the most important thing in this crypto story after all  Cheesy
Many who were impatient and sold bitcoin very cheaply now regret it.
Bitcoin and crypto are not for those in a hurry but for those who are willing to wait for the right moment  Grin
I agree that this forum is the best place to learn about crypto.

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~Money~
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November 01, 2020, 01:34:31 PM
 #18

Being Noob is not a matter of shame. Every expert was a noob at some stage.
What matters is how eager and willingly you want to learn. watch videos on youtube to learn basics, clear your doubts on forum(no matters how stupid it is) and then try to earn, trade or Hodl crypto. I know crypto world is bit tricky, and scammers are there to scam you at every stage. But don't worry, everybody has passed this stage.
Just a tip: Invest less at the beginning, keep calm and check twice before taking a step(like transfer or trading etc.) And when you learn and gain confidence, do it in your style.
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November 12, 2020, 08:40:56 AM
 #19

Cyrpto is the excessive volatility. The prices of cryptocurrencies on swapping platforms stand up and come down comically over a short period of time. In this matter it demand to have a great extent of knowledge and tolerance is the most significant in cryptocurrency.
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November 12, 2020, 09:04:26 AM
 #20

Cyrpto is the excessive volatility. The prices of cryptocurrencies on swapping platforms stand up and come down comically over a short period of time.
(...)
This is already given IMO. The first thing first people should know about cryptocurrency is this if ever they want to buy some cryptocurrencies for investment purposes. But if you will get into cryptocurrencies for innovation and technology, you probably learn some basic things first, like how these works, what is the purpose of this or that.

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