Cling18
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December 12, 2021, 04:16:59 PM |
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Deceivers will always attract us to invest something on a project or coin that they're endorsing for their own benefit and as years passed by, I learned to do my own research first instead of listening to streamers. I learned to think multiple times before investing this year not because I'm afraid to take the risks but I just don't want to regret my decisions this time. It's better to be sure than take lots of risks that we couldn't take in the end.
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Pamadar
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Activity: 2982
Merit: 1028
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December 12, 2021, 04:24:40 PM |
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Deceivers will always attract us to invest something on a project or coin that they're endorsing for their own benefit and as years passed by, I learned to do my own research first instead of listening to streamers. I learned to think multiple times before investing this year not because I'm afraid to take the risks but I just don't want to regret my decisions this time. It's better to be sure than take lots of risks that we couldn't take in the end.
Better understanding with the project that you are aiming to invest in is the best way to lessen the chance of getting scam. There are many endorsers who are more likely only minding their own interest, they are not caring about those viewers and followers. As long as they will gain, they will keep the project being advertised, and will continue to promote.
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Jose Mourinho
Sr. Member
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Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
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December 12, 2021, 06:13:43 PM |
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underestimating and ignoring some memecoins is a very valuable lesson for me in 2021, because coin memes like shiba inu have given a very extraordinary surprise in the crypto space, sometimes the analysis does not determine what we expect , I feel patience and Belief greatly influences success in investing in crypto.
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Amejoaquim
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December 13, 2021, 07:22:42 AM |
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My lesson from 2021 is : -Be patient -Dont get fomo -Take ur own risk -Dont borrow money to invest -Learn abot blockchain, market, trends, formatians and inducator -Buy and sell step by step
Not all in..
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Republikcoin.com
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Activity: 2926
Merit: 1104
Leading Crypto Sports Betting & Casino Platform
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December 13, 2021, 07:41:05 AM |
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The important lesson I learned in 2021 was to be patient, if I was patient to hold for at least a few more months then I could get a bigger profit, when the market dropped in July I sold a lot of assets, after about 2 months the market skyrocketed again so I regret it too much fast and impatient.
Patience is the final key for everyone who is already in cryptocurrency, because if someone does not have enough patience when he is in cryptocurrency, then he will never win even though he is very smart in mastering his knowledge for cryptocurrency.
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aruldaroy
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December 13, 2021, 08:24:11 AM |
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I always think many times before investing even though I know that if there is a profit there must be a risk that we must accept, especially now that many fraudulent projects rely on all means to gain investors' trust only for their personal interests, which in the end we are deceived. Sometimes there are also profitable projects like yesterday's shiba inu project which has provided good news in the crypto world.
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jeungo
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December 13, 2021, 08:37:07 AM |
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The most important lesson of this year is that if millions believe in a bubble, its strength becomes prohibitive. It would seem that there are those projects that did not inspire belief in insane growth, but they were able to show impossible indicators, the market is so chaotic that it would seem that the signal to change the trend is ignored, and the growth continues, and the correction is recouped for 10 days.
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bestcoins1
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December 13, 2021, 08:51:29 AM |
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I always think many times before investing even though I know that if there is a profit there must be a risk that we must accept, especially now that many fraudulent projects rely on all means to gain investors' trust only for their personal interests, which in the end we are deceived. Sometimes there are also profitable projects like yesterday's shiba inu project which has provided good news in the crypto world.
Shiba Inu is only profitable when there is hype and memecoin trend, and now the trend and hype has ended so Shiba Inu almost no one talks about it anymore and one day I'm sure Shiba Inu will lose its fans which makes itself sink to the lowest position in cryptocurrency, although in general he has been successful but not for the long term.
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Mpamaegbu
Legendary
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Activity: 2870
Merit: 1233
Once a man, twice a child!
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December 13, 2021, 09:02:38 AM |
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3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt
That surely will hurt, I can tell from experience. However, I've come to learn that whatever profit one makes shouldn't be counted as profit until one pulls it out from a trading platform. The best anyone could've done in your position would've been to half the profit by withdrawing part of it and letting the rest run. The number one killer in trading, after fear, is greed. Don't allow greed get the better part of you while at it. Determine your risk and greed level while trading. As for me, what would've been a sad experience in 2021 was later resolved. I misplaced my copied out seedphrase for a wallet with enough cash in it. Luckily, I later stumbled onto where I wrote them down. It was a chanced thing and I'm glad I got that wallet back.
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Alisha FR
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December 13, 2021, 12:29:46 PM |
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Everyone analyzes crypto price movements, in the content presented on YouTube should re-examine and make their own analysis. It is important for us to expand our knowledge of crypto and learn from various sources so as not to rely on one analysis. There we can still consider all trading techniques and what strategies are suitable for our trading. So it's important to consider everything we know.
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sulendra12
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December 13, 2021, 01:29:07 PM |
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2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly
It could be good for more people involved into cryptocurrency so cryptocurrency become well-known later. But sometimes those youtubers are just trying to bait more people for some ad-revenue as they don't explain deeper into cryptocurrency, they only explain the good things about crypto trading but they don't even explain a single problem about that where it's the most important one for me. Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe
Hope you can recover from that losses, might you learn the lesson from that.
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tyz
Legendary
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Activity: 3360
Merit: 1533
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December 13, 2021, 01:47:13 PM |
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1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality
2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly
3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt
I can't tell you how many times I've read threads like this in the last 9-10 years. Exactly these three points are nothing new. Maybe for you, but many have already had this experience. I would like to briefly discuss the three points. 1) Never listen to any rumors! Also, one of the most important points in crypto investing is to have a cashout strategy. Many have an investing strategy, but very few have a strategy to cash out. Had you had such a strategy, you most likely would have come out with a good profit. 2) Forget Youtube Influencers! The vast majority have no plan. They are only interested in making a lot of money themselves. They always do on smart, but have no idea. In addition, they get extremely much money to promote any projects that are only shitcoins in the end. Best example was Bitconnect, which ruined many peoples life. 3) Exactly as explained in point 1. I wouldn't trust my heart, but rather set a cashout strategy that you stick to.
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Rahman11
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December 13, 2021, 01:55:20 PM |
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Can You Make Money With Cryptocurrency? Yes, you can make money with cryptocurrency. Given the inherent volatility of crypto assets, most involve a high degree of risk while others require domain knowledge or expertise. Trading cryptocurrencies is one of the answers to how to make money with cryptocurrency.
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GbitG
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December 13, 2021, 02:00:23 PM |
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I always think many times before investing even though I know that if there is a profit there must be a risk that we must accept, especially now that many fraudulent projects rely on all means to gain investors' trust only for their personal interests, which in the end we are deceived. Sometimes there are also profitable projects like yesterday's shiba inu project which has provided good news in the crypto world.
Shiba Inu is only profitable when there is hype and memecoin trend, and now the trend and hype has ended so Shiba Inu almost no one talks about it anymore and one day I'm sure Shiba Inu will lose its fans which makes itself sink to the lowest position in cryptocurrency, although in general he has been successful but not for the long term. Yes, agree here Shiba is meme coin and very few peoples have some good profit which create hype about this and suddenly too much investment with rumours around about this all now suddenly price dropping very quickly and hype is also ended some good number of peoples already lost their big investments because when you invested in any meme coin with hype is around this happen. A good lesson for newbies and greedy peoples, please do some search and have good knowledge before investing in any project because this crypto world is full of scammers those want your money in their own pockets, and they have too many ideas about this.
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Snappycoco
Member
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Activity: 534
Merit: 19
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December 13, 2021, 02:52:06 PM |
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2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but
1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality
2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly
3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt
Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe
I agree with the second thing in your list. These youtubers bought these coins earlier than you and they will benefit if their videos goes viral. For me, the best thing that I've learned is almost the same with your no 2 but in different social media platform which is telegram. I was convinced by these pumps group and tried to cope up with them. Sadly I bought at the top then ended up losing a third of my money.
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BuyingBitcoin
Jr. Member
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Activity: 75
Merit: 6
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December 13, 2021, 06:40:51 PM |
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I learned that it's best to buy during a Bear market and hold or sell during a Bull market. Cardano and Polkadot are basically Tron, Neo and Eos in 2017. These are not long term holds. Sell them at their peak. Bitcoin and Ethereum are the safest coins. Most NFTs are like the Tulips Mania because of their infinite supply.
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Wawa2013
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December 13, 2021, 09:45:31 PM |
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I learned that it's best to buy during a Bear market and hold or sell during a Bull market. Cardano and Polkadot are basically Tron, Neo and Eos in 2017. These are not long term holds. Sell them at their peak. Bitcoin and Ethereum are the safest coins. Most NFTs are like the Tulips Mania because of their infinite supply.
Current market prices are going down and the opportunities are waiting for us on the corner. The ADA DOT NEO coins have huge potential if you have bought the mentioned altcoins when the prices are dirt cheap. Otherwise, it is big sadness to buy on the peak levels and expect a continuation of the trend after the huge green candles. The crypto market crashes again, after previously starting to improve. Indeed, crypto prices are very volatile this year, starting from the beginning of the year the crypto market slowly began to rise and the closer to the middle of the year the higher the increase. But near the end of the year crypto prices continue to fall, for some people buying at peak prices, the decline in crypto prices is a bit frustrating. But we must be able to learn to be patient, when the market is in a bad condition like now. Instead of stressing about when the market will recover, we should take advantage of this price drop as an opportunity to buy some coins that are considered potential. The crypto movement throughout 2021 has taught us all a lot of lessons, we can better understand how to make the right profit when investing in crypto.
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Slow death
Legendary
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Activity: 3192
Merit: 1129
Leading Crypto Sports Betting & Casino Platform
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December 13, 2021, 10:44:04 PM |
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2021 have bring so much growth to millions of people around the world I'm glad to have believe in this new technology called crypto and I'm sure as time goes on I will eventually get better at my crypto investment skills, I made more money than I lost but this was a huge year for cryptocurrencies, brought many gains as countries like EL salvador legalized bitcoin and also had elon musk that somehow hindered and helped bitcoin and some altcoins like dogecoin 1. Still I ended losing more money than I made, I was sitting on 30,000$ profit last month but I failed to take profit just because of 100k BTC rumour that looks like reality you will only lose money if you sell now, if you keep doing hodl the price will rise again and you can make a profit 2. be careful of Crypto YouTubers deceiving people to buy in cryptos where as they are simply predictions, most times crypto market can't be predicted correctly these are liars for years 3. Follow your heart and nothing else cos if I've done that I would have pull my 30k profits and now I'm left with 5000$ in usdt Well the race isn't over yet, one day I will look back and laugh hard at all this, stay safe true, you have to have hope
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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magneto
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December 15, 2021, 04:05:41 AM |
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Seems like that you have learned some valuable lessons.
I don't think that even though your P&L may suggest otherwise that you actually lost anything. In fact, you may have actually gained value in the process because of your maturation as an investor.
It is imperative that you stay the course as an investor and not get sucked into the hype. And there will always be hype.
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shawon01
Member
Offline
Activity: 252
Merit: 10
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December 15, 2021, 05:28:56 AM |
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Greed is big because if you can be greedy then you can see that there is nothing you can do, you see profit and you tend to hold on more because the price will go up now but that is not happening. And don't listen to others but if you see that the price has gone up so much then make a profit because no chance doesn't come all the time.
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