No where is actually safe

[ChiBitCTy]

I agree with basically everything you’re saying here and the truth is bitcoin and bitcoin and other cryptocurrencies shouldn’t be your entire portfolio anyhow. It’s important to have a diversified portfolio and maybe make cryptocurrency part of it only if it fits (meaning you can afford to take on its risks).

[1713996249]

1713996249

[andriarto]

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

that is the reality that is happening around us. on the other hand, many of them feel proud and smart as if they can predict prices even though they don't have enough knowledge. confidently they invest and in the near term will get doubled returns, until a bullrun occurs they are still optimistic that prices will soar, but the reality of the market is different, and finally a panic sell occurs

[Alert31]

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

All types of investments have associated risks. You are not 100% sure that you will become successful in your every investment because there is always a losses. But of course if you have enough knowledge about your investment, you can handle it with cautious to gain profit and avoid losses either in crypto or other type of investment.

[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.

[pealr12]

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.

[iv4n]

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!

[South Park]

You know what, I don't agree. The rule is actually simple; you buy Bitcoin and keep it safe. That's all there is to it. What's not easy with that?

The thing is that people are complicated. We want to trade. We want to analyze charts, develop patterns, make strategies on the best entry and exit points, and so on. We want to invest in altcoins for better opportunities. We get into ICOs, IDOs, DeFi, staking, and so forth. And we are emotional, too.

But what is there in the entire history of Bitcoin that says mere HODLing is not the best thing to do?

And that is because people want to feel that they are doing something to improve their situation, it is very common that after a tragedy happens there are calls for the government to do something and the government does, but many times they make things worse by their actions than if they did nothing, however if the government did nothing then people will complain about the inaction, people see inaction by nature as laziness when many times that inaction is the best thing you can do, and this is the case when you are holding your bitcoin, once you buy there is not much else to do except to keep it, but many people cannot simply accept this and decide to become traders only to lose their investment to other more talented traders.

[beerlover]

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.

It is to say that many people got stupid and this implies that people are too greedy. Then, they lose and make blame others, not themselves.

There is a saying from scammers "I have never scammed anyone who didn't want to scam me" and that's true for most cases. If you are looking to scam people and you found someone who believes that they could get something very valuable from you for very cheap, they are trying to scam you as well. Why would you be able to pay 1k dollars to someone and get 100 dollars each month forever? That's a very believable scam because the amount is low and yet people still fall for it.

All in all 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?

[AliMan]

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

Indeed, we may find it difficult if we don't have exact knowledge towards cryptocurrency and other virtual currencies. Seeking safety for our finances would be so hard but with strong motivation and courage everything will be easy and smooth. Overcoming scams needs our verification before trusting unknown platforms that aggressively taking advantage with our efforts and hardwork.

[AmoreJaz]

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

Indeed, we may find it difficult if we don't have exact knowledge towards cryptocurrency and other virtual currencies. Seeking safety for our finances would be so hard but with strong motivation and courage everything will be easy and smooth.

if you have the will to learn, you can educate yourself on what is right and wrong. definitely, crypto is not a safe haven for your investments. in every investments, there's risk involved. and with the volatility feature in most cryptocurrencies, this is one of the aspects that make it attractive to traders or users.
if you are not sure what you're getting into, better not to spend your hard earned savings, because more then likely you will only lose in the process. if you want a lil bit of insurance with your money, better invest in tangible investments like real estate or precious metals. but if you are a risk taker, you can always explore the world of crypto

[AicecreaME]

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

There isn't really a hundred percent safe place for you to store your assets that could guarantee you a huge profit in a short span of time. Everything takes time. An investment needs time to mature may it be in crypto or other investment vehicles. If someone offers you easy and big return of investment in a snap, probably it is a form of scam. Do not be fooled because there's no such thing as that right now, most especially that we are in the middle of a crisis. Having a profit in investment is not an overnight process. If you want to invest your hard-earned money in crypto, then expect your money to generate profit after several years. If you want a fast profit, then do trading or scalping. Go for the short-term if you want to see your money gaining instantly. Or you could do both if you have the means. That way, you will see how long and what it takes to make money both passively and aggressively.

If you want more than what I mentioned to secure your future, then you can opt to invest in other investments as well that are trusted and reputable. You can also try to put up some sort of business if that's your thing. Or you could hustle using your passion while doing crypto to have other money-making alternatives. You see, we have to have many streams of income to be financially independent someday. Sticking into one income-generating source won't guarantee us to be financially stable in the future.

[Reid]

It's risky, no doubt.
That's why I think most of the people who get into crypto are either the fooled or the courageous types who take the leap where they want to put their money in.
It is not a safe haven unless you do your job in protecting your money. No financial advisors, no managers, you are on your own.
There is no bank anymore that can insure you, you lost it, your fault.

[Betwrong]

One thing that really guarantees you in the world of crypto and blockchain is by losing money due to market volatility. We are not guaranteed to profit, but losing is guaranteed. It’s the reality nowadays. In order for you to be a winner, you have to decide and trade smart and not just harder. But still no matter how smart you are, there are no astronomical guaranteed returns or promises because of the unpredictable movement of the cryptocurrency market.

Why do you say so? The truth is that neither is guaranteed when you invest in the well established coins. Some people would say that profit is guaranteed in the long run, but I think we can't be sure about that. However, saying that because of the market volatility you are guaranteed to lose is a bit strange thing to say. High market volatility may cause loss of your investment, so don't invest more than you can afford to lose, but, on the other hand, it can help you to gain big profits.

[Gorosden]

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

To me it depends on which field in crypto space you choose, there are ways to win without losing your money for example buying good coins before they become popular through launchpads, every business has their risks and disadvantages but newbies just need to learn the risk factors and rules, almost all tokens I invested money on this year gave me 3x and higher

[LogitechMouse]

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.

TBH, I'm one of them.
Not directly leaving my business because I don't have one but I left my job because of crypto. I don't want to share the whole story but at least you got the point. I'm doing this for around 3 years already and I didn't felt any regret with my decision. For me, it is one of the easiest way to make money but at the same time it is the easiest way to loss your money if you don't have that much information that will help you.

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.

Crypto really isn't a safe haven and I think this thinking must be eradicated.
Or it depends on the investor . Maybe for some who are holding for years, they see Bitcoin as a safe haven because base on history the trend of Bitcoin is always upwards and vice versa.
One thing is for sure though, focusing on crypto is hard and I know it because that is what I experienced. I left my low-paying job here just to focus on crypto. I tried to learn at least the basics to have something that will help me.

[Snappycoco]

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

I agree that crypto isn't a safe haven for investment but a battle of knowledge. These wreckless investors who just go with the hypes are most likely to lose everything. Doing research are still a must.

Cryptocurrency market is just a battle between knowledge. The wiser you are with your money, the more you win. Its somehow difficult but through failures, you will gain experience that could propel you to financial freedom.

[perfect999]

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

Seriously, I’m yet to get why the rush. I don’t see why anyone would really leave their regular job and jump into cryptocurrency when they have no clue on what it is all about. When I knew about cryptocurrency, it wasn’t something I tried to rush into.

I had a job that I was doing then and that six years back. I took my time and studied everything about cryptocurrency, and at a point I started making some income from it, but I still didn’t quit my job immediately, even at a time when I started making up to ten times of what my office job was paying me. I stayed until I made sure my cryptocurrency source of income was stable enough and also that I’m ready to start my own business and become self employed, that way I would have two sources of income. And that’s how it worked for me.

[Silberman]

In business, nothing can be considered as safe. Because ups and downs are the common features of the business and also whenever you are making profit from a competition it means someone is doing loss and you are getting it as profit. This is called the competition of the business policy and I think every business is done by following this. I am a crypto trader and also I have some physical business. So this is my thought about your statement.

And this is why many people end up being scammed, once you make the realization that no asset is ever safe then you begin to take precautions and protect your coins to the best of your ability, but a newbie instead tries to look for that perfect investment they can just buy, earn money with it and have no chance of losing any amount of money, and we know that the only ones that can promise anything like that are scammers, this is why it seems sometimes as if scammers are never going to run out of victims, since people have the wrong expectations about the markets.

[tygeade]

There isn't really a hundred percent safe place for you to store your assets that could guarantee you a huge profit in a short span of time. Everything takes time. An investment needs time to mature may it be in crypto or other investment vehicles. If someone offers you easy and big return of investment in a snap, probably it is a form of scam.

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.

I believe that we are going to have a lot better situation in our hands eventually, it will take some time to get better but since it is a long term project that means if you buy bitcoin and eventually it goes up a lot then we are going to be in profit a lot and that is when it is "guaranteed" if you could put a stop loss at a huge margin as well. It is just "possible" after a long period of waiting.

[LUCKMCFLY]

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.