No where is actually safe

[Zilon]

Simple rule is, While you are making profits, it means someone has made a loss. It's how markets are. Not everybody is going to make profits. The smartest win while the dumb ones lose.

For example the current bull run favours the smart ones who bought during the market. The dumb ones who are buying now due to FOMO might make losses should the market reverse for long periods of time.

Well, he could not have said it better, in fact in trading it is like that, in every trading platform whoever wins is because someone else thought otherwise and lost, normally in this type of case many analysts rely on the news, on everything that It has to do with relation to the market and they always judge a movement with some news, and it is very difficult for someone to affirm that a movement occurred but that they predicted it before, it is really difficult to find someone like that. Nothing is written, some just want to be in a safe zone, in fact the professionals are always in the market operating, some the most expert protect their longs with leveraged short positions.

News seems to be the best form of analysis but its effect on the market is just temporal and once the effects begins to fade off a reversal occur. Most times long spikes could blow off trading accounts mostly when one is trading against the news even when the trend is correct. Its safer to eliminate greed and move on with little profit to avoid unplanned losses

[1714809609]

1714809609

[1714809609]

1714809609

[1714809609]

1714809609

[Bilgent]

This is very true, man. None of the investment places is safe completely. And it is normal at the same time also. Because we are living in the technology era and hackers are everywhere. Even banks can be hacked for example. When it comes to cryptocurrencies, we have the full responsibility of our funds in this market. If we don't secure our cryptos properly, the probability of their being hacked increases a lot.

[habebe]

The simple rule of how to make money online and While you make money, sometimes your profit is weak so it does not mean or it means that someone has lost.  That's really how the markets are when you're online, you have to be ready for whatever you get, you can't say we can get everything.  Not everyone will earn a large amount, The smartest wins while the dumb loses.

[judaspriest]

This is very true, man. None of the investment places is safe completely. And it is normal at the same time also. Because we are living in the technology era and hackers are everywhere. Even banks can be hacked for example. When it comes to cryptocurrencies, we have the full responsibility of our funds in this market. If we don't secure our cryptos properly, the probability of their being hacked increases a lot.

Whatever it is, I don't think anyone offers a 100% safe place to invest,
the risk will always exist and that is why we must be careful and always check and also secure,
Hacking is everywhere and indeed it is a global problem

[timerland]

Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.

I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.

If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses

100% agree.

Crypto is not a get rich quick scheme or anything easy of that nature.

It comes with its own share of risks and rewards, it's just that it is a much fairer playing field compared to traditional finance. I think that in itself should be enough to convince people to invest, but definitely not blindly believing that they can pull infinite money.

[el kaka22]

I have to say there are some cases of scamming that was deservedly done, I know I should not be victim shaming, but it is not like stealing money from old lady situation, we are talking about young and smart people who got too greedy and went into risky stuff just because they wanted to get rich quick and ended up getting scammed, that's a bit of their fault as well isn't it?

If people were looking at something safe I am pretty sure they wouldn't put all of their money into some "code". I know that there is much more to bitcoin and all of crypto then just being a code, but the reality is that we are literally talking about trusting more to Satoshi's code then we trust government backed banks. That should tell you enough about how little we trust banks, the whole reason why bitcoin even has any value is because banks and fiat monetary world we live in is discouraging for people who are not wealthy already.

Definitely, you may not become as rich as Elon Musk, but all of the people who are at the for best top list right now are people who had families with money. Crypto gives people who came from nothing to have a chance, and that is why we are putting so much trust into it. Is it risky? Yes of course it is but it is surely much more equal in risk to everyone.

[Vannie12]

I understand that most of the people joining crypto are hardly driven by their interest to earn or profit from it due to its growing value. They may think its easy but surely not. It is not safe, its risky. Its better to learn before getting in and hopefully not in a hurry to skip and earn. You might end up losing what you've worked hard for.

May I ask what they are driven by if not their interest to earn or profit by it? of course, the majority of people in crypto are driven by the interest to earn quick profit, it will be better if people can learn a bit before diving in, but many invest before learning which is not very wise since the person will miss much vital information on how the whole market operates as well as hoe to be safe in this space.

Everyone want's to make money! We are all driven by the interest to earn or make a profit by investing if we have what to invest... and of course, nothing is without risk, turn it upside down we always risk something in order to get something! Crypto or anything else it's almost the same in my opinion, the better we are doing something more money we can make, nobody will keep us safe we have to do that wherever we are! So nowhere is safe, we need to learn how to walk before we start running! And when we start running we need to be even more careful than we were, and pay more attention to the things around us!

Sorry if I am mistaken, we are all here to make profit. It is given that every thing that involves investment is risky. Not blaming anyone for being afraid though, losing everything is the scariest and most depressing part thing that could happen in crypto. I think what people should practice asking before getting in something that could lead to a terrible loss. Asking advise is not hard, I did observe that every one in this forum is extremely helpful.

[Kimonoe]

I understand that most of the people joining crypto are hardly driven by their interest to earn or profit from it due to its growing value. They may think its easy but surely not. It is not safe, its risky. Its better to learn before getting in and hopefully not in a hurry to skip and earn. You might end up losing what you've worked hard for.

May I ask what they are driven by if not their interest to earn or profit by it? of course, the majority of people in crypto are driven by the interest to earn quick profit, it will be better if people can learn a bit before diving in, but many invest before learning which is not very wise since the person will miss much vital information on how the whole market operates as well as hoe to be safe in this space.

Everyone want's to make money! We are all driven by the interest to earn or make a profit by investing if we have what to invest... and of course, nothing is without risk, turn it upside down we always risk something in order to get something! Crypto or anything else it's almost the same in my opinion, the better we are doing something more money we can make, nobody will keep us safe we have to do that wherever we are! So nowhere is safe, we need to learn how to walk before we start running! And when we start running we need to be even more careful than we were, and pay more attention to the things around us!

Sorry if I am mistaken, we are all here to make profit. It is given that every thing that involves investment is risky. Not blaming anyone for being afraid though, losing everything is the scariest and most depressing part thing that could happen in crypto. I think what people should practice asking before getting in something that could lead to a terrible loss. Asking advise is not hard, I did observe that every one in this forum is extremely helpful.

Risk has always been a common conversation in cryptocurrency investing. Of course, at the beginning we have studied the risks, or are we just desperate and ambitious to get big profits in a fast time. even though many have suggested in this forum to use cold money, and if we are still risking money that should be for needs, then the initial error has occurred, and if the market goes down like it is now of course they will not sleep well

[dothebeats]

It's true, and the only thing you need to remember is when to get out of the trade. That's how you ensure that you're not losing something out of your investment, or even to minimize your losses when the time comes. Learning how to read the situation is your best bet if you want to survive the gruelling reality of taking risks and investments even on unfamiliar markets.

Remember, those who lose money in trading are those who don't have self-control and believes too much in their abilities.

[Silberman]

Any places that "guarantees" you that you will be making a lot of profit will be lying to you. Unfortunately nothing is guaranteed in the crypto world and the sooner we learn this means the sooner we will realize that everything we do in the crypto world has a risk involved as well.

To this I will add that people need to learn about compounding interest as well, they see someone promising them 1% per day and they think this is a reasonable amount because it seems so low, but 1% per day is massive if we use compound interest over several years, and no one can give something like that even in the market of cryptocurrencies, and this is because if there was someone that could do something like that then they will not need the money of someone else to trade the markets.

[Oilacris]

It's true, and the only thing you need to remember is when to get out of the trade. That's how you ensure that you're not losing something out of your investment, or even to minimize your losses when the time comes. Learning how to read the situation is your best bet if you want to survive the gruelling reality of taking risks and investments even on unfamiliar markets.

Remember, those who lose money in trading are those who don't have self-control and believes too much in their abilities.

Dont really let yourself to be that confident when it comes to investment because this would really result into disaster.We should really mind on how to sustain into this market and shouldnt really hurry up because everything would be needing for you to sustain first.

Making out investment decision would neither be effective or would simply put you on trouble.This is where risk management do matters
on each individual.

Be realitic and believe into those things which are actually happening and act according to it.

[lixer]

If people were looking at something safe I am pretty sure they wouldn't put all of their money into some "code". I know that there is much more to bitcoin and all of crypto then just being a code, but the reality is that we are literally talking about trusting more to Satoshi's code then we trust government backed banks. That should tell you enough about how little we trust banks, the whole reason why bitcoin even has any value is because banks and fiat monetary world we live in is discouraging for people who are not wealthy already.

Definitely, you may not become as rich as Elon Musk, but all of the people who are at the for best top list right now are people who had families with money. Crypto gives people who came from nothing to have a chance, and that is why we are putting so much trust into it. Is it risky? Yes of course it is but it is surely much more equal in risk to everyone.

Could be a "code" in its core but people are not investing into that code, they are investing into an idea that supports that code. Bitcoin is a currency that is as far away from governments and banks as possible. This is why we invest and use it because at the very least people know that they are actually investing into something that can't be meddled with for the benefit of some people.

Corrupted nations consider it as the greatest thing ever, in corrupted nations many powerful people do whatever they can to make as much profit as they can which results with citizens getting poorer and poorer whereas rich people keep getting richer. Maybe someone from UK could not understand the value of the idea behind crypto, which I am sure some do, but there are whole nations who understand the benefits of bitcoin and what it stands for.

[Alisha FR]

If you say the convenience and security of cryptocurrencies, of course there is no 100% guarantee for the capital they invest, and you compare it to a sales business, this is already a physical object. You must again understand the difference between the two, investors who use it are ready with all the risks. I reviewed how many of them are successful in Crypto with knowledge based trading methods, of course there are many. So according to my style of thinking, with the power of Crypto now it is impossible for them to leave it. The ease of obtaining benefits has been given to many people. it comes back to us, how to trade and set the strategy.

[realcrypto]

I can say nobody can actually graduate from the institute of cryptocurrency trading. Every season needs its peculiar strategy. It is better to be involved in both other normal business and cryptocurrency trading. Getting rich in cryptocurrency trading needs the right strategy.

[raidarksword]

Crypto is dangerous place for people only wanted to have a fast return of investments and it is not really to those people are impatient wherein market is very volatile that anytime it will lose you money or make profit instead. As always in crypto, we only invest what we can afford to lose.

[Betwrong]

I can say nobody can actually graduate from the institute of cryptocurrency trading. Every season needs its peculiar strategy. It is better to be involved in both other normal business and cryptocurrency trading. Getting rich in cryptocurrency trading needs the right strategy.

It's a strategy that no one has invented yet. Luck is still a big factor in cryptocurrency trading, and this will hardly change any time soon, if ever. So, I agree with you on the "normal business" part. Imo, it should be the primary source of income. Same with stocks trading: most people are doing it as a hobby, having a regular job at the same time.

[Mauser]

I fully agree with you that crypto currencies are not 100% save, there is always some risk involved. But so are all the potential investments. If some offers you a 100% save stock deal than he is lying. We can't predict the future with absolute certainty. Even the savest money at the bank can be lost if the bank goes bankrupt. We have seen it in the past with Lehman brothers. The same goes for government debt. It may look very save on paper, but even countries can go bankrupt. With crypto currencies we get at least rewarded for our risks.

[fara_buduk]

prices and projects in crypto there are still many risks that need to be considered and every job is risky but real work/manual business is more comfortable when it's going well even though it doesn't promise doubled profits as we know joining the crypto world is not only luck and knowledge ,but the spiritual/state of mind  must be strong

[Smitty Werben Man Jensen]

prices and projects in crypto there are still many risks that need to be considered and every job is risky but real work/manual business is more comfortable when it's going well even though it doesn't promise doubled profits as we know joining the crypto world is not only luck and knowledge ,but the spiritual/state of mind  must be strong

Indeed, joining crypto whether it's trading or investing we have to really prepare everything,
without any preparation we will easily lose money because the risk is big,
the two most important things in my opinion are knowledge and skills

[molsewid]

It's a strategy that no one has invented yet. Luck is still a big factor in cryptocurrency trading, and this will hardly change any time soon, if ever. So, I agree with you on the "normal business" part. Imo, it should be the primary source of income. Same with stocks trading: most people are doing it as a hobby, having a regular job at the same time.

But I guess some of us here are already formulated their best strategy how to approach on a volatile market of crypto but I bet that none of them never experienced to get what they always wanted and that's winning always in trading. Cryptocurrency is worth to invest with provided that you have the idea how to invest in it, I would also going to agree with the fact that crypto is not the safe haven especially if having the option of leaving a regular job and be full time in crypto.