No where is actually safe

[dezoel]

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.

It is obvious that we are going to lose some money at certain times, there is no way to avoid that at all. However we are smart enough then we are going to end up with something profitable in the "long run" and that is what matters. This is why I believe that we should be able to lose some money here and there and not be worried about it. It just happens, there is nothing wrong with that, you could even get scammed and lose a chunk of money as well at times because in crypto that really happens.

The problem here is that people ignoring the fact that we are talking about years and years of doing this, why not focus on that? If you focus on 5 year plan, or even a 10 year plan, then you will realize that all those small loses, or even big losses will end up being not so important at all and you will be able to profit from them anytime you want.

[Betwrong]

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.

If you mean trading crypto, then that's the worst thing one can do, imo. Being a developer or cypto journalist is another thing. Those are great jobs, and you can go full time on them. But the funny part is that you need skills, good skills, to to find a decent crypto related job, and not many people have those skills, while almost anyone thinks he can be a good trader.

[habebe]

did you think many people around the world believe in investments most of them join and just see that its benefits are enough, but they don't even know the risks that will result and they just imitate the people who are already successful  experience, have neat stories.  and yet even if they don’t know that you should really be alert to investing when you enter an investment and don’t have enough knowledge, there is also a way that you will fall short things like this need to be taken care of because the risk is just there along with  us, because only then do they realize that investing in crypto is not as easy and fast as they thought.  must find out before you join and accept whether to win or lose.

[xSkylarx]

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

Agree that there is no such thing as a risk-free investment; any investment involves risk, but the investor's ability to manage it varies. how he can avoid it and how willing he is to risk it. You cannot succeed if you do not take risks, so we should take precautions and conduct our own research to mitigate the risk or determine how to minimize it. Since hacking occurs everywhere, we should be more cautious than ever before; there are a lot of great of tips online on how to keep your wallet secure.

[Smitty Werben Man Jensen]

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

Agree that there is no such thing as a risk-free investment; any investment involves risk, but the investor's ability to manage it varies. how he can avoid it and how willing he is to risk it. You cannot succeed if you do not take risks, so we should take precautions and conduct our own research to mitigate the risk or determine how to minimize it. Since hacking occurs everywhere, we should be more cautious than ever before; there are a lot of great of tips online on how to keep your wallet secure.

That's how investing is and it all comes back to each other's decisions whether to take a risk or avoid it,
taking risks is not a bad thing and vice versa too,
talking about the hack is still a troubling thing and we can't deny that it will keep happening from time to time

[TelolettOm]

It is like everything will always have two sides:
Bad and good things
And everything or everywhere wil also require risks. Even it is only a very simple jib, it will always include risks. However the risks will be different.
Higher risks commminky will also offer higher benefits. But it may not impelement in all parties.
Btw, just do whatever we can and we want so that we don't force ourself to the risks that we cannot afford or cannot do it

[barabarian1]

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

formal knowledge got when you try something new, and most of us know bitcoin from experiencing good and bad thing.
its not easy like play easy game, every investment need strong thought, to surf deeper, to take big profit. and easy investment is just following third party that just give you clean profit every week/month. no need to think about what to do, just prepare you funds.

[jrrsparkles]

Investment and doing business is completely different and it requires different skills and knowledge to become successful in it, investment is relatively easy to make money but they need to pour lot of money to make some money but for business you can even start with zero and turn them into billion dollar company.

[ven7net]

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

You are all right. If cryptocurrencies were the best place to make money, then many would already be rich, but this is not and will not be. Why? It's that simple! Money does not come from emptiness, if somewhere money came, then in another place it left. In other words, if you could make money, then someone lost that money. This applies primarily to any business or trade. Therefore, there is no need to build illusions about making money on cryptocurrencies. At one time, I wanted to help my acquaintances start making money on cryptocurrencies and wanted to share my experience with them, but after they found out that they needed to make a lot of efforts for this, they immediately refused to study. So cryptocurrencies, like other types of business, are not for everyone, and they cannot be a solution to financial problems for everyone.

[btc78]

It is like everything will always have two sides:
Bad and good things

That is how life goes , there is good and bad, there is life and death and there is beauty and beast.

In this market we must understand that we are only gaining instead we can also Lose.

And everything or everywhere wil also require risks. Even it is only a very simple jib, it will always include risks. However the risks will be different.
Higher risks commminky will also offer higher benefits. But it may not impelement in all parties.
Btw, just do whatever we can and we want so that we don't force ourself to the risks that we cannot afford or cannot do it

and invest what we can afford to risk , and never put your money in single place instead diversify for more safer investing .

[Botnake]

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

You are all right. If cryptocurrencies were the best place to make money, then many would already be rich, but this is not and will not be. Why? It's that simple! Money does not come from emptiness, if somewhere money came, then in another place it left. In other words, if you could make money, then someone lost that money. This applies primarily to any business or trade. Therefore, there is no need to build illusions about making money on cryptocurrencies. At one time, I wanted to help my acquaintances start making money on cryptocurrencies and wanted to share my experience with them, but after they found out that they needed to make a lot of efforts for this, they immediately refused to study. So cryptocurrencies, like other types of business, are not for everyone, and they cannot be a solution to financial problems for everyone.

There are always risk in all types of business, and definitely crypto has a high risk. Yes, there might be bigger opportunities in crypto that will change your life but that will not happen easily, as no one gets there overnight. Everything is done with hardwork and patience.

However, if you enter crypto without enough knowledge and preparation, you will never still be successful and profitable. So same with other types of business, crypto has even more chances of losing if you are not smart enough. But if you come with proper knowledge and determination. i would say the rewards are all worth the risk and preparation.

[Kasabus]

Investment and doing business is completely different and it requires different skills and knowledge to become successful in it, investment is relatively easy to make money but they need to pour lot of money to make some money but for business you can even start with zero and turn them into billion dollar company.

Either way, both still includes risk. And there will always be losing, while the other is winning and gaining profits. But somehow, we all wish to end up making profits and be successful in what we chose.

However, with crypto, i believe there is higher risk and with higher profits to make compared to other kinds of investments. But this won't make crypto a safe haven, because as long as there are risks in it, there is no guarantee that you will always be profitable. This is the reason why many have decided to enter crypto but only few have succeeded.

[Zanab247]

You mean the market is not safe to make money? Market is very safe to make money for this December . Despite the decreased of bitcoin price that occurred few weeks ago that is making people to feel there is no way anyone can make profit in the market before the end of this month. Many bitcoin investors are still making money from their investment but the profit is too small compared to the last two pumping.
There is a little economy shaking few months ago because of  the pandemic that made many citizens to remain at home because of the covid-19 virus that was spreading all over the country. Now people are very safe but the economy is not too safe for the citizens to earn well because of the challenges that occurred during the pandemic.

[Gyfts]

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.

The faith in banking systems only exists because of the illusion that government can provide the best financial security to its citizens. It's an appeasing illusion, because any financial troubles can then be blamed on a 3rd party instead of the individual holding the funds. I'd argue Satoshi's code isn't merely an arbitrary string of numbers but an entire philosophy of decentralization. People trust banks a lot, and will do so for a long time until they're forced to recognize that the government does not have any single individual in its best interest.

[tygeade]

formal knowledge got when you try something new, and most of us know bitcoin from experiencing good and bad thing.
its not easy like play easy game, every investment need strong thought, to surf deeper, to take big profit. and easy investment is just following third party that just give you clean profit every week/month. no need to think about what to do, just prepare you funds.

It is totally understandable if we just try to gain experience if we could. That would be a better thing and we would be able to just get better and better over time, it is really a great situation for everyone involved. Sure you are going to end up with some losses and that is why many people do not try it but theory could get you only to a level whereas everything else will make you a lot richer.

If we end up buying at low levels and sell at higher levels then it doesn't matter how long it takes to profit, it would give us a great chance to make a profit over period of long time when we are newbies and we will get better at doing it and can be able to do it quicker as well. So just start doing it right away, learn from your mistakes, see how the better version could be done and you are going to end up with making a lot more profit in the long run.

[paxmao]

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 think you have it the wrong way around. If a business is sustainable without any cryptocurrency involved then offering a new payment method is simply adding customers rather than overhauling the very foundations of their business. People who run businesses are normally entrepreneurial and will test out many different ways to make money, so they tend to be very experimental leading to more money. ...

That is certain for most business. Anyone selling goods of certain value or with tickets above a certain value should seriously consider implementing a crypto-payments solution to allow customers to pay with crypto. This may now be simply a smart option, but by the looks of the markets and the general direction of travel of adoption and recognition among the young, it may simply become something that commerce may not be able to live without or, in another way, may have to live with it or be loosing a significant percent of sales.

[Vaculin]

formal knowledge got when you try something new, and most of us know bitcoin from experiencing good and bad thing.
its not easy like play easy game, every investment need strong thought, to surf deeper, to take big profit. and easy investment is just following third party that just give you clean profit every week/month. no need to think about what to do, just prepare you funds.

It is totally understandable if we just try to gain experience if we could. That would be a better thing and we would be able to just get better and better over time, it is really a great situation for everyone involved. Sure you are going to end up with some losses and that is why many people do not try it but theory could get you only to a level whereas everything else will make you a lot richer.

If we end up buying at low levels and sell at higher levels then it doesn't matter how long it takes to profit, it would give us a great chance to make a profit over period of long time when we are newbies and we will get better at doing it and can be able to do it quicker as well. So just start doing it right away, learn from your mistakes, see how the better version could be done and you are going to end up with making a lot more profit in the long run.

Not only in crypto, but also in all sources of income, if we can simply do the right thing in the first place, we will make a lot of profits in the long run. Being able to manage our investments properly will always result a positive outcome with good returns.

Yes, you are right OP, no where is actually safe since we all have risks to take when we aim of profits. But if we start learning how to manage the risk, that's the time we will find success in our investments.

[Finestream]

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

You are all right. If cryptocurrencies were the best place to make money, then many would already be rich, but this is not and will not be. Why? It's that simple! Money does not come from emptiness, if somewhere money came, then in another place it left. In other words, if you could make money, then someone lost that money. This applies primarily to any business or trade. Therefore, there is no need to build illusions about making money on cryptocurrencies. At one time, I wanted to help my acquaintances start making money on cryptocurrencies and wanted to share my experience with them, but after they found out that they needed to make a lot of efforts for this, they immediately refused to study. So cryptocurrencies, like other types of business, are not for everyone, and they cannot be a solution to financial problems for everyone.

Its very clear that engaging in crypto is not a guarantee to solve our financial problems individually or even the country's failing economy. But its a tool that if you are knowledgeable about it and use it to earn an income through your skills and developed strategies, then that will be a big help to resolve your financial problems and make you financially stable. But all these things won't happen in just a blink of an eye, you still have to learn more and experience more in crypto like losing more money than gaining profits. If you can manage all its risks, then crypto is definitely designed for you.

[TheGreatPython]

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

A lot of people think that it is easy, and they think that they can become millionaires by investing in Bitcoin. They never know that it is not very easy as they think it is. Anyone who wants to trade and invest in cryptocurrency must be ready to learn, keep on steady improving, and have patience. If they can do these three things, they will likely succeed here.

If you’re investing in cryptocurrency you should know it can take time, if you invest today, it will take years for a bull run to take and the profit you’re making relies on how much you have invested. Unless you’re lucky enough to find one of those new projects that might turn to be huge in future, and the little amount you invest would generate bigger income.

[LUCKMCFLY]

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

You are right, sometimes forgetting about greed, strategic movements come out more naturally, in fact some think that the value of some crypto is not seen by their FIAT money, because that can cause some kind of distraction in their analysis, and with respect to to the news is something radical, I have friends who are guided a lot by the cointelegraph articles, they only do things for the advice that is shown there, they are not aware of other news, only what is published there, until now they say that they have done well, but personally I am not one of those who is trusted by what they say in the news.