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Author Topic: Crypto is not for the weak  (Read 430 times)
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November 12, 2020, 09:12:19 AM
Merited by ultrloa (1)
 #21

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.

I guess people are not into technology when they buy first their Bitcoin since Im sure they are there to buy and earn since they are informed by the one who introduced it to them that they can possibly get a profit on it. And those technological benefits will just comes next one they explore things and locate those helpful platforms around.

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November 12, 2020, 12:11:33 PM
 #22

Every investments that Involves our Money of something in similar needs our toughness and Strong character so It is not only in crypto that we need not to be weak but in everything in our life,.
But indeed that Here in this market we must be ready in all obstacles specially when the fall happens and the decision is tougher to Sell or not.
But after we carry to decide rightfully ?then the feeling of success is always been there.

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November 12, 2020, 12:28:27 PM
 #23

Any type of long term investing is not for the weak really - it's very easy to spend money but very hard to keep money for future needs. I remember being younger and only living for the current day, that was a lot more fun but quite unstable. Nowadays I get enjoyment from building up assets and investments that give me more freedom to choose my future. Saving for a rainy day is a good mentality to build up, although it just means spending less money than you earn. Crypto should really be treated as a segment of a diversified portfolio - which should level out all of the volatility that comes along with it.

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November 12, 2020, 12:34:41 PM
 #24

we all started our journey in crypto as a newbie, no one started as a professional, as we experience downfall and scam, we gain knowledge and experience, that never to fall in the same mistake twice in our lives and in cryptocurrency, investing in cryptocurrency is a risk that even with years of experience, might make mistakes, same as in our life its a learning process, don't be afraid to make mistakes in cryptocurrency, its a learning process every time, don't be afraid of failures

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November 12, 2020, 01:08:22 PM
 #25

All we were newbies in crypto. And day by day we are learning about it. Yes, if anybody doesn't understand it after remaining in this forum for a long time then crypto is not for them. Again it also not a tough thing that people can not understand it for a long time learning about it. Smiley


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November 12, 2020, 01:12:15 PM
 #26

This is a common misconception that crypto is not for the weak people can learn a lot about crypto even if they want to. For those who have no idea about crypto this forum is more helpful for newcomers to analyze various sites and watch videos on YouTube. They can easily learn about crypto by watching videos blockchain technology is the answer to the world's weaknesses. A competitive opportunity to earn cryptocurrency for the weak worldwide which can liquidate and improve their existing capital.
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November 12, 2020, 01:21:42 PM
 #27

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.

Just embrace the first rule, not your key not your coins and no hackers or scammers can fool you into giving them your private keys

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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.
Not really if you just allocate time and effort into understanding the many things about Cryptocurrency in short, educating yourself


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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.
Useless posts will get deleted and if you are spamming you will likely get a ban

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Bottom line is crypto is not for the weak, you need to be strong and do alot of research.
Learning Cryptocurrency is an unending process you will be left behind on something new if you stop


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November 12, 2020, 02:04:38 PM
 #28

It's easier for a crypto newbie to buy top altcoins and hold for many years but when you have a desire of multiplying your altcoins that exactly where things get more complicated, learning should first come to mind before anything else or else you will easily throw away your altcoins before you know it.

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November 12, 2020, 02:27:51 PM
 #29


This is why there is the need to learn and know who you are talking to.  Crypto is for all including the weak for whatever you mean by weak.
If someone told you something, you just have to ask not just on telegram group. But don't trust everything that is said there. You have to realize that anyone will scam, heck your wife will even tell you lies.

Ask the forum, you will know who tells the truth in a public forum, not on telegram that they can delete messages.

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November 12, 2020, 04:13:58 PM
 #30

It is not easy and it will never be easy to start, particularly in a matter that has a broad topic. It is okay to feel confused, you are just starting and you can’t expect to understand everything easily and quickly. As for scammers, they take advantage of one’s unawareness, so be vigilant. If a moment came and you end up losing, why give up? When you can improve yourself by making time to reflect on the action you made and learn from it. Don’t let be a hindrance for you to continue, instead, use it. It is okay to start with nothing, as knowledge and experience can be obtained along your journey. In addition, you don’t only need to be strong, you also need to be resourceful, critical, and judicious.
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November 12, 2020, 05:04:27 PM
 #31

...
Crypto is not for the weak and lazy person...
knowing and making money from crypto is luck but not everyone can do it, it takes patience and also smart work so you don't take the wrong step. lazy to ask questions and do your own research will only make you go faster away from crypto, especially this forum, therefore don't give up easily and must continue to make good posts.

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November 12, 2020, 05:10:58 PM
 #32

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.

We have a saying here that you are your own bank, we all know that those working on banks are professional and highly educated people in their fields, they are all very knowledgeable on how to keep bank records and safeguard their client's money, now in Cryptocurrency if you are going to be your own bank you should learn everything you need to know, on how to protect your coin and keep a record of it.



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November 12, 2020, 08:39:58 PM
 #33

<<>>

Bottom line is crypto is not for the weak, you need to be strong and do alot of research.

Everything in this world comes with risk, and when there is risk, there are chances of changing your world/ the world. It is your decision if you want to change your world or the world by changing yourself. Nobody is strong from the beginning and they need experience to become strong, and trust me that even when you read high rank member's posts, you will still make a mistake at some point. There is no need to worry about, mistakes are the first step towards success and bring you experience too, so these mistakes are not weakness but your strength if you take them like that.


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November 12, 2020, 09:20:37 PM
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 #34

It's true though, We noobs are often stupid most time's but it's always basically because we don't have any idea about what's going on in the group's though, but we try our best to read and understand the informations been passed to us & from there we try our possible best to give a reasonable reply,

Thanks for the hints

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November 12, 2020, 09:36:53 PM
 #35

"It is not for the weak."

Those words are true. Newbies who come to seek the opinion of other cryptocurrency enthusiasts and investors and only longing to hear what they want to hear such as easy profit and quick money.

But if they still don't understand that the crypto investments are not for the weak heart, they can't cultivate and stay in this market for long. Swings, plunge, corrections, pumps, dumps, or any term that we use. It's not for the weak-hearted investors.

Learning is part of investing and if a "weak" hearted investor starts to understand the whole thing, he'll eventually become strong in the process.


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November 13, 2020, 05:28:01 AM
 #36

I believe that every people who joined the crypto world is not a strong hand in their beginning, and that is normal to see if you feel the same because we don't know anything about crypto, and we need to learn from many sources. They need to manage their emotion while staying at the crypto, and they need to manage their money to be used for trading or to invest in crypto.

There is no other way to understand crypto without learning because learning can help us to improve our knowledge and skills that will help us to gain the benefits from crypto. It needs time before we can have that such thing, and that is not for people who don't have passion for the crypto because they can be weak and leave crypto as soon as possible.

So if you want to stay at the crypto, especially in trading and investing, you need to keep learning and don't stop it although you can earn money because if you stop, you will miss something useful for you in the future. We all a Noob for the first time, but we have a choice to grow or stop learning.


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CryptocurencyKing
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November 16, 2020, 01:30:09 PM
 #37

It's true though, We noobs are often stupid most time's but it's always basically because we don't have any idea about what's going on in the group's though, but we try our best to read and understand the informations been passed to us & from there we try our possible best to give a reasonable reply,

Thanks for the hints
They say it takes great courage to admitting errors and that which would reduce your integrity as you've just done and it's projects your caliber of user but then, the forum goes beyond a mare acceptance of what seems to be the reality of your status, it dares you to make moves that would change it and become a useful user to the community and that is what you must do. Learn, fine meaning in between every line and all would be added to you in the process.

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NotYourKeys.org - Not Your Keys, Not Your Bitcoin


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November 16, 2020, 02:03:26 PM
 #38

It's easier for a crypto newbie to buy top altcoins and hold for many years but when you have a desire of multiplying your altcoins that exactly where things get more complicated, learning should first come to mind before anything else or else you will easily throw away your altcoins before you know it.
Why do you say that it is easier to buy altcoins compared to bitcoin? I would obviously never suggest that newbies buy altcoins, when they probably don't even know and understand how Bitcoin works and what it can be used for. There isn't a single altcoin that can be considered a safer investment than bitcoin. It is important to understand the original concepts and ideas before extending your knowledge to alts.


Crypto isn't for the weak-hearted, but then again, which investment (if you look at bitcoin as an investment) is? You have to be ready to face the ups and downs. It's not that complicated really. Read about the technology, ask questions if you don't understand something, and understand that bitcoin doesn't grow on trees. There is no free money or free bitcoin so be willing to work for it.

Ceyebrity
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November 17, 2020, 10:24:51 PM
 #39

You're right. Crypto is not for the feeble minded. There are times you lose, if you're weak you'll wave crypto goodbye forever and jeopardize your chances of winning in the future.
Alucard1
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November 18, 2020, 08:17:39 AM
 #40

You won't be strong if you don't experience to be weak, just like our seniors here, at first, they also became noob as we are because they are still new and they don't have so much experience but as time goes by, experienced increases and knowledge increases as well. Gaining more knowledge will make you strong but that is not that easy to deal with because cryptocurrency is broad, maybe you have to start first at the basics, know what is a cryptocurrency, know what is blockchain, decentralization, etc.

Don't be so sad about not knowing many things about cryptocurrency, we have here this forum that will help us to understand more about cryptocurrency, we also have the internet, actually we all have the resources to learn, it will depends on on us if we are going to use it.

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