I started investing in crypto 4 years ago but recently did I made profits

[sklopan]

4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.

[martyns]

4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.

The Crypto space is not all about making profits in trades, is about lengthy experience in the space. My experience in the space is that those that, those that enter the space few years back, they are making profits now. The Crypto space is about patience, you can't just come into the space and expect to be in big profits, Newbies who just come in the space, shouldn't expect profits immediately. It takes time before one would start to enjoy profits.

[TheClownSong]

4 years is certainly not a little for the first profit, but it is in any case. I advise you to work more actively on the analysis of the results of your work in order to understand where you need to improve your knowledge.

The Crypto space is not all about making profits in trades, is about lengthy experience in the space. My experience in the space is that those that, those that enter the space few years back, they are making profits now. The Crypto space is about patience, you can't just come into the space and expect to be in big profits, Newbies who just come in the space, shouldn't expect profits immediately. It takes time before one would start to enjoy profits.

alot obstacle we will face during journey in crypto space, profits and loss become common thing will come to us. panic and euphoria will become daily activity in market. for those could handle their emotion and psychology it will not be hard pass how cruel crypto market to us. trust in progress especially improving knowledge will be key here.

[rojan]

It's pretty easy to explain. Traders trite believe that they can make money in this way. After all, they see that someone was able to make money, and they think that they themselves can do the same.

its because of doubts? I know it's, coz they just relying of the results of other people when it comes such manner. Which they don't have their own way to make their life easier on the space, like when trading and especially making investment.. If they saw people who suffer due to making mistakes they are hopeless as well.. Lmao  lazy people always a loser. As the matter of fact its their choice, so we don't have rights to correct them.. We need to let them realise their mistakes because on that way maybe they all can get a lessons afte all.

Here they have what they have but here they are but the best way out of here but here I think the followers did it but here they have lost that meaning but they could not provide the main reasons but here is what they did wrong  But here they may not notice it but the advice that can be thought of here is that they need to change something for their intelligence and they have to work with their eyes and ears open and follow all directions.

[SirLancelot]

Here they have what they have but here they are but the best way out of here but here I think the followers did it but here they have lost that meaning but they could not provide the main reasons but here is what they did wrong  But here they may not notice it but the advice that can be thought of here is that they need to change something for their intelligence and they have to work with their eyes and ears open and follow all directions.

If they follow directions at all times instead of trying to find their own results, nobody would become a great trader. Sure, you could learn the basics of trading from other people, if you have no idea what to look at, how would you end up making any profit at all. But at the same time, it is quite important that if you want to invest into something and grow bigger, then you need to make a good amount of profit by learning how to do that yourself.

It is not wrong to make your first profit after 4 years, if it continues to be a profitable venture after that, amazon lost money for 10+ years, even 15, but then became world’s biggest company. So, consistency is more important.

[chichigirl]

I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?

I terms of investment, it is more important to learn how your investment is gonna work. Sometimes influencers really help a lot with the product but in terms of trading, it is important to learn more about it before you proceed with your investment. Learn about the coin, learn to read the chart and many more.

[LUCKMCFLY]

It is not bad to obtain profits, the worrying thing is that it took 4 years to be able to have profits, which means that in 4 years he was totally wrong about the vision he had of the market, now, if OP says that, it is because he has experienced the skin-deep profits, but why? If you know why he lost at that time? and now when he's winning does he know why he's winning and can he make a comparison chart of everything he did and didn't do? I ask this because I know that one learns more when he loses than when he wins, he may even be winning by luck, which is something very common that happens.

[Lubang Bawah]

It is unique if it takes 4 years for profit, of course this is a lesson and enthusiasm for us that the opportunity for profit in cryptocurrencies is very large, and now more and more project choices from defi, nft and that will become a trend are metaverse, and in my opinion our easy thing Doing is to follow the current trend, and top Influencers have a big impact on the development of cryptocurrencies.

[Bhig Daddy]

It's nice to know you've come to some realizations and have begun righting the wrongs since there's a day for the hunters. I hope you will apply what you've learned. One of the things I noticed in your post was that you followed other people because you lacked confidence in yourself. I think following others could be detrimental to you since you could not understand why a deal is done. Although learning is challenging, we must be cautious.

[Wawa2013]

It is unique if it takes 4 years for profit, of course this is a lesson and enthusiasm for us that the opportunity for profit in cryptocurrencies is very large, and now more and more project choices from defi, nft and that will become a trend are metaverse, and in my opinion our easy thing Doing is to follow the current trend, and top Influencers have a big impact on the development of cryptocurrencies.

Everyone does have a different time to be able to make a profit, the most important thing is that we must learn from every mistake we make.
Trends in the crypto world often change, we must be able to follow the latest trends, so that we can always follow the development of the crypto
world. Indeed, many influencers have had a big impact on the development of the crypto world, the most important thing is that we don't rely
on influencers to choose the coins we will buy for investment. Because most influencers promote projects that provide benefits for themselves.
We must believe in our own ability to analyze the market, if indeed we feel less confident in our analytical skills, should indeed have to learn to
improve our analytical skills. Because the crypto world is full of scams, so the only one we have to trust is ourselves.

[ItsCrafty]

Understanding of crypto market is very essential as you know that without realizing things you cannot make profit, although there is highly instability in price prediction but you should have knowledge about how to handle your loses and how to manage the way to become successful. First learn and investigate about each and every thing related to investment after that go ahead to achieve your goals. You have make experience in these four years and now if you have learned the things so it will be easy for you to get profit.

[virasisog]

We have different earning time frames and some of us might make a profit a little late than others but there's nothing wrong with that. As long as we already know how a crypto investment works and as long as we know how to deal with the volatility of the market, it is not late for us to invest and make a good profit. Having enough understanding about cryptocurrency might take time and it's better to take small steps wisely than to take big steps and rush things out.

[Mahanton]

We have different earning time frames and some of us might make a profit a little late than others but there's nothing wrong with that. As long as we already know how a crypto investment works and as long as we know how to deal with the volatility of the market, it is not late for us to invest and make a good profit. Having enough understanding about cryptocurrency might take time and it's better to take small steps wisely than to take big steps and rush things out.

This isnt a race on which you would really be thriving or hurrying up yourself on making profits because this would be definitely the main concern which you should really sustain for longer runs.
Whether how long you've been able to learn and become profitable then it wouldnt matter as long you do able to hit your target in your trading career then this is what matter the most.
4 years wouldnt really be that long though as long you do get the overall idea then thats what important. Trading isnt something that is simple to be learn
it would takes time and lots of trial and error before you could able to have a good grasps on it.

[Webetcoins]

Everyone does have a different time to be able to make a profit, the most important thing is that we must learn from every mistake we make.
Trends in the crypto world often change, we must be able to follow the latest trends, so that we can always follow the development of the crypto world. Indeed, many influencers have had a big impact on the development of the crypto world, the most important thing is that we don't rely on influencers to choose the coins we will buy for investment. Because most influencers promote projects that provide benefits for themselves.
We must believe in our own ability to analyze the market, if indeed we feel less confident in our analytical skills, should indeed have to learn to improve our analytical skills. Because the crypto world is full of scams, so the only one we have to trust is ourselves.

Each of us does have a different goal and not all will sell early for a small profit but others will prefer to take the long and hard way because they know that is more worth it and the end. There are trends here like ico, meme, nft and so on but it's not good to ride each of them or whenever there's a new release because they are only driven by the hype.

It is still worth it if we will stick to the projects that we are familiar with and we already hold before because they can survive longer. Trusting ones self or our own self rather is no doubt the best so we shouldn't be lazy but let us keep on learning if we feel that our knowledge is still not enough.

[Digital_Lord]

Knowing very little things and fathom of trade is important, and before selecting a coin, one should acquainted themselves with it. Famous cryptocurrency defi coin will have a boost as things stabilize. The concept that Defi is more personal and provides the best potential to increase wealth in a well-secured approach is well understood. But keep in mind that placing blind faith in anything is not a fine decision.

[Hamza2424]

Well im just answering to the tittle, i think you did made a profit after a major loss but the profit you made is as much as your loss is nothing in front of it i remember the days of 2020 and ATH so if you really didn't made a profit i think you should leave the topic i not then bro increase your more holding power as hold reefers to the bright future. Let me consider that you really made mistakes and then learned then made profit then you are an example to the newbies as they can be motivated by your story.

Note: Im just Answering the Tittle

[kryptocanon]

My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.

[abel1337]

My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.

A common mistake for newbies who are trading is being attacked by their own greed. This happened most of the time especially if the projected profit is way higher than the expected one, greed shows itself until the price go downfall and the trader can't sell knowing that there will be a regret later. Iv'e experienced it multiple times and even I who trades for years now are getting caught in this kind of situation sometimes. It's hard to perfect the market psychology.

[milewilda]

My first defi happened to be DegoFinance which I purchased earlier in 2021 and went sky up high as 33$ a few months later up and I couldn't sell because I was aiming much higher at that period as I was still very much new in the game. And I wouldn't say it got rug pull also but rather the market's unexpected fall affected it. So it couldn't also withstand the pressure of selling off too.

A common mistake for newbies who are trading is being attacked by their own greed. This happened most of the time especially if the projected profit is way higher than the expected one, greed shows itself until the price go downfall and the trader can't sell knowing that there will be a regret later. Iv'e experienced it multiple times and even I who trades for years now are getting caught in this kind of situation sometimes. It's hard to perfect the market psychology.

Regrets do always happen in the end and this is where learning do comes next or come from is on the time that you had able to commit out mistakes and errors which would really in result on losing money.
You cant really just able to avoid such thing on being greedy whenever you do see someone do make huge chunks of profits, but you dont really know on how much they have lost on that particular trading session?
Things cant really be learnt up easily and it would really involved lots of time and effort before you could really have a good grasps of it.Investing does involved certain risk which basically means
that whether you would earn profits or losses depending on particular different timeframes or sessions.

[topman21]

I've been investing in defi without knowing the risks.
I think we all need to know risks investing in defi.

As a beginner I was following all the Influencers blindly & lost all of my savings.

Had 3 rug pulls & lost more then 80% in other defi projects I Invested into.

what i found is, it's very important to check & verify team.
Also see if they have a live product.

And also Find Influencers who are really credible.

Then I started creating a spread sheet to track Credible Influencers & Their calls.

Bought RSR & Made Really Good Multiples on It.

What I've learned at the End is,

1) Find & Follow Credible Experts.
2) Learn as much as you can & become and expert.


I've been my full journey on coreto.io,
where you can clearly see my credbility (Trust Score).

And my reliability.

P.s - It's also a project I'm Investing recently into as it's pretty similar to tradingview with trust & performance score measured in their tokens.

What was your first DEFI Coin?
Did you got rug pulled?

Share Name of Influencer That you feel is shady?

In fact, you know very well how risky and harmful it is to directly invest in crypto without any experience.But I believe that the experience you gain will be useful throughout your life.While investing you should always keep in mind the type of coin you are buying and investing in.One should invest after keeping in mind how safe it is and how profitable it will be in the future.And it's always better to buy and invest in risk-free coins.