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LimLims
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August 07, 2021, 03:45:20 PM
 #121

There is a nice success story in the stock market world, where a guy named Keith Gill bet with his money $50k on GameStop stock. About 2 years later the investment rose to $50 million!

So the question is. Is there any similar recent success stories like that in the crypto world? I know the Dogecoin millionaire, but that was from $180k to $2 million in a few months, which is not that impressive compared to the GameStop stock guy, because $50 million is another level. So? Any similar recent success stories?

That’s a pretty good luck and a great story.
But yes that only happens with one person from a Billion.
If you want to listen to my biggest gain, then it’s the time when BTC rose from 900$ to 10k$.
It’s the first time i earned a huge profit.
I am also sure many other traders also took the advantage at that time.
Leaving this i am also interested in hearing other people’s experiences.

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junkerr
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August 07, 2021, 04:00:08 PM
 #122

who would have thought that when Shiba was first tweeted by Elon and the price soared, my friend bought a shiba with a capital of $ 5000 and he got a big profit to be $ 24000. when I tried to follow in his step by buying a shiba, I got FOMO and lost money, I guess I was out of luck.
you've lost the moment. never follow FOMO or hype in the market. without experience and skills, you will definitely lose your money.
moreover, you just follow what your friends do. Honestly, I can only say, you have bad luck.

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August 07, 2021, 09:28:45 PM
 #123

There is a nice success story in the stock market world, where a guy named Keith Gill bet with his money $50k on GameStop stock. About 2 years later the investment rose to $50 million!

So the question is. Is there any similar recent success stories like that in the crypto world? I know the Dogecoin millionaire, but that was from $180k to $2 million in a few months, which is not that impressive compared to the GameStop stock guy, because $50 million is another level. So? Any similar recent success stories?
I have some kind of experience like that in a past year 2017 there is a project that would not expect to rise the price much. I invest only  $500 on that project and I gained more than $2000 and that was one of the hell of experience happen to me, I hope there is some other project again that can give us a profit if we invested. But for now Ill think bitcoin is the most priority to invest because of this said that would be touch to $60000 again.

The year 2017 was indeed the most beautiful thing experienced by some people, because at that time almost all projects experienced a very high increase.
So the money we invest will generate a very large profit, but nowadays it is very difficult to find projects that can provide big profits. Most of
the projects currently circulating are only for pump and dump, if we are not careful in choosing projects, we will lose a lot of money. I agree that
we should focus on investing in Bitcoin for now, because Bitcoin is indeed the safest coins to buy and the price is starting to recover now.
So holding Bitcoin is the best way to make a profit right now.
Thats true it was difficult for now to be like in a past year that we experience thus have a lot of project that would make us a profit if we invested, But there are few project as of now has a chance to be in sky rocket but we need to search on them of which it be. And yes we need to be focus as of now to bitcoin or any top coins that we found in CMC Ill think there well be some surprises shown on us in a future. Even do the prices of each coins are in dump situation but it can back to high price again if we have a trust of those coins.
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August 07, 2021, 10:50:07 PM
 #124

who would have thought that when Shiba was first tweeted by Elon and the price soared, my friend bought a shiba with a capital of $ 5000 and he got a big profit to be $ 24000. when I tried to follow in his step by buying a shiba, I got FOMO and lost money, I guess I was out of luck.
you are late enter market when shiba pumped , FOMO will always be biggest enemy in market. SHIBA or other meme coins truely as speculative assets, just like yout friend he try to speculate in order to gain huge profit by following elon musk tweet. But its not good trading style , and did we check this is suitable with our character and style ?

batang_bitcoin
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August 07, 2021, 11:02:18 PM
 #125

who would have thought that when Shiba was first tweeted by Elon and the price soared, my friend bought a shiba with a capital of $ 5000 and he got a big profit to be $ 24000. when I tried to follow in his step by buying a shiba, I got FOMO and lost money, I guess I was out of luck.
Seriously? your friend got that luck of buying earlier than you. That's why you don't buy when it's already hyped, you're just going to FOMO at that moment and you're unsure when you shall get your ROI. Yeah, you're out of luck by that time but your friend surely is happy with the gain that he made with Shiba. I've missed that opportunity already but I've heard earlier than Elon about Shiba but just ignored it because it's a very uncommon coin but never expected that it would be pump just like that.
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August 11, 2021, 08:25:15 PM
 #126

who would have thought that when Shiba was first tweeted by Elon and the price soared, my friend bought a shiba with a capital of $ 5000 and he got a big profit to be $ 24000. when I tried to follow in his step by buying a shiba, I got FOMO and lost money, I guess I was out of luck.
this is why momentum is very important in making choices and i think you lost momentum from the start since shiba existed.
and your mistake is to be fomo without doing more in-depth research because you see a shiba going up you immediately buy in a state of too high a shiba and that is a fatal mistake. you should already know the results that will be obtained when the coins that have been pumped will definitely not work well.
I'm sorry and sorry for what happened to you and I hope this will be an experience you won't forget so you don't get entangled in fomo and pump and dump coins again

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ScamViruS
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August 11, 2021, 09:04:36 PM
 #127

who would have thought that when Shiba was first tweeted by Elon and the price soared, my friend bought a shiba with a capital of $ 5000 and he got a big profit to be $ 24000. when I tried to follow in his step by buying a shiba, I got FOMO and lost money, I guess I was out of luck.

Here, of course, luck is needed. There are many people I know who have made good profit by buying these shiba coins. But I did not buy that coin for various reasons, which later proved to be a wrong decision for me. There are many investors who have taken big risks and succeeded, while many investors have lost their money. The investors whose luck helped them were able to buy and sell at the right time. Many investors could not buy even after learning about these coins.

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August 11, 2021, 09:07:41 PM
 #128

who would have thought that when Shiba was first tweeted by Elon and the price soared, my friend bought a shiba with a capital of $ 5000 and he got a big profit to be $ 24000. when I tried to follow in his step by buying a shiba, I got FOMO and lost money, I guess I was out of luck.

Here, of course, luck is needed. There are many people I know who have made good profit by buying these shiba coins. But I did not buy that coin for various reasons, which later proved to be a wrong decision for me. There are many investors who have taken big risks and succeeded, while many investors have lost their money.

We might see another FOMO now that the market seemed to be bullish again, it has not hit $50k yet but the entire market is improving. Per https://coinmarketcap.com/, the overall marketcap had already reached $2 trillion again, which means a lot of money is again invested in the market, not only on bitcoin but for altcoins as well.
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