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Author Topic: Mistake I made till now investing on crypto projects.  (Read 596 times)
Inspiron14
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May 02, 2022, 11:20:26 PM
 #61

Mistakes are normal, but if we are still a newbiew and not familiar then starting with a small value is better, and when I'm still a newbie I rely on earnings that I get free from giveaway and faucets for trading, cloud mining, hyip and even gambling and so on , if it disappears or loses then I'm not too regret.
It's true that basically mistakes are normal and everyone makes mistakes.
besides that, with mistakes we can learn to be better in the future and in this case indeed for newbies it is necessary to invest starting from small amounts,
it can also be from an airdrop, although for now it's not as much as it used to be

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May 03, 2022, 04:03:51 AM
 #62

When still a newbie of course it's natural for us to make mistakes, when I joined the bounty a few years ago I used a wallet from an exchange so I didn't get paid, this is a mistake that often happens and I hope for newbies the first thing we have to understand is about the wallet .
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May 03, 2022, 02:46:32 PM
 #63

Mistakes are normal, but if we are still a newbiew and not familiar then starting with a small value is better, and when I'm still a newbie I rely on earnings that I get free from giveaway and faucets for trading, cloud mining, hyip and even gambling and so on , if it disappears or loses then I'm not too regret.
It's true that basically mistakes are normal and everyone makes mistakes.
besides that, with mistakes we can learn to be better in the future and in this case indeed for newbies it is necessary to invest starting from small amounts,
it can also be from an airdrop, although for now it's not as much as it used to be

I myself, at the beginning, did not invest money from my work in the real world. but when I was a newbie, I used money from airdrops. because in the past the results from the airdrop were quite large. and I lost everything. but mentally maintained because the money invested is the result of free gifts.
but I see for now-now newbies start investing with their hard-earned money in the real world and even that money is really needed by them to meet their daily needs. so that when they experience a loss they are easily carried away by emotions due to a shaky mentality . and experiences like this are common today.

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Ryu_Ar1
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May 03, 2022, 03:11:21 PM
 #64

Mistakes are normal, but if we are still a newbiew and not familiar then starting with a small value is better, and when I'm still a newbie I rely on earnings that I get free from giveaway and faucets for trading, cloud mining, hyip and even gambling and so on , if it disappears or loses then I'm not too regret.
It's true that basically mistakes are normal and everyone makes mistakes.
besides that, with mistakes we can learn to be better in the future and in this case indeed for newbies it is necessary to invest starting from small amounts,
it can also be from an airdrop, although for now it's not as much as it used to be
The problem is that there are still a lot of people who don't think this is a mistake and believe that the project they are investing in will reach the moon even though this is clearly a scheme by saying good things over and over so that they can be thrown away at any time.
I don't need to mention the project here because there are so many things like that and maybe what is still famous today is the INU project, which is indeed their development that keeps repeating itself like a disturbing fungus.

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May 03, 2022, 04:41:13 PM
 #65

Mistakes are normal, but if we are still a newbiew and not familiar then starting with a small value is better, and when I'm still a newbie I rely on earnings that I get free from giveaway and faucets for trading, cloud mining, hyip and even gambling and so on , if it disappears or loses then I'm not too regret.
It's true that basically mistakes are normal and everyone makes mistakes.
besides that, with mistakes we can learn to be better in the future and in this case indeed for newbies it is necessary to invest starting from small amounts,
it can also be from an airdrop, although for now it's not as much as it used to be

I myself, at the beginning, did not invest money from my work in the real world. but when I was a newbie, I used money from airdrops. because in the past the results from the airdrop were quite large. and I lost everything. but mentally maintained because the money invested is the result of free gifts.
but I see for now-now newbies start investing with their hard-earned money in the real world and even that money is really needed by them to meet their daily needs. so that when they experience a loss they are easily carried away by emotions due to a shaky mentality . and experiences like this are common today.
many of the beginners who want to immediately get a lot of money from trading and investing, even though they still lack knowledge about trading, but they dare to take risks, or rather their imagination about success in trading, but in the end for those who invest and see a bear market, they become panic sell, and then experience disappointment. therefore the need to understand and maintain mentality in the crypto world is very much needed

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May 03, 2022, 09:55:05 PM
 #66

These are realities in the altcoin market. The Bitcoin market is a lot different. And I guess it is generally acknowledged that the Bitcoin market is much much safer than the altcoin market. The risks in the altcoin market are way too high and too many compared to the risks with Bitcoin. Some of these could be avoided but some may not. For example, being aware that altcoins are short-lived must have pushed you to take profit. Losing in that respect is avoidable. However, in terms of picking the best project to invest in, failure could be unavoidable. Projects may not be what they seem. What appears to be the best choice may actually be the scam.
Regardless of what type of investment you have, i guess there is always no guarantee to succeed. Be it altcoins or bitcoin, failure will always happen especially if you end up committing the same mistakes again and again. But the good thing here, is that you will always learn from all your losses. And when you come to analyze the reason behind your losses, that will pave way to start being profitable by correcting all your mistakes and following your new and improved strategies. 

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May 03, 2022, 10:44:09 PM
 #67

These are realities in the altcoin market. The Bitcoin market is a lot different. And I guess it is generally acknowledged that the Bitcoin market is much much safer than the altcoin market. The risks in the altcoin market are way too high and too many compared to the risks with Bitcoin. Some of these could be avoided but some may not. For example, being aware that altcoins are short-lived must have pushed you to take profit. Losing in that respect is avoidable. However, in terms of picking the best project to invest in, failure could be unavoidable. Projects may not be what they seem. What appears to be the best choice may actually be the scam.
Regardless of what type of investment you have, i guess there is always no guarantee to succeed. Be it altcoins or bitcoin, failure will always happen especially if you end up committing the same mistakes again and again. But the good thing here, is that you will always learn from all your losses. And when you come to analyze the reason behind your losses, that will pave way to start being profitable by correcting all your mistakes and following your new and improved strategies. 
Success is something which isnt really guarantee but you cant achieve this state if you dont put up much effort and dedication on this one thats why it does really have that role or factors that you should

consider it out.Mistakes are common but as you do go ahead you would able to learn up things basing up on what you are dealing off currently.Nothing is known unless you do try

because you cant determine if it was working or not if you dont make out steps forward.So all you do need is to take risk.
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May 03, 2022, 11:10:45 PM
 #68


These are some list of mistakes that I made till now and it seems I made every kind of mistake an investor possibly can. But I think every great success has a long list of failures. So I hope some new members will find some points useful and a real-time experience is always the best place for knowledge.

The purpose of the post is to share experience only so there could be exceptions in the same circumstance for another project.


Failures become a lesson. Nobody is perfect, people are often experiencing losses and failure in nature but with the help of these things we even become better and succeed. This perhaps was predictable and the most reason that it cause this was because of our emotions, human beings had carried this stuff.

Mistakes found no exemptions, it gonna happen even though we don't like it. That is why instead of blaming others, we instead blame ourselves first.

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May 04, 2022, 01:15:58 AM
 #69

These are realities in the altcoin market. The Bitcoin market is a lot different. And I guess it is generally acknowledged that the Bitcoin market is much much safer than the altcoin market. The risks in the altcoin market are way too high and too many compared to the risks with Bitcoin. Some of these could be avoided but some may not. For example, being aware that altcoins are short-lived must have pushed you to take profit. Losing in that respect is avoidable. However, in terms of picking the best project to invest in, failure could be unavoidable. Projects may not be what they seem. What appears to be the best choice may actually be the scam.
Regardless of what type of investment you have, i guess there is always no guarantee to succeed. Be it altcoins or bitcoin, failure will always happen especially if you end up committing the same mistakes again and again. But the good thing here, is that you will always learn from all your losses. And when you come to analyze the reason behind your losses, that will pave way to start being profitable by correcting all your mistakes and following your new and improved strategies.  

Of course, all investments have risks. With that being said, there is really no guarantee that investments would result into a positive ROI. However, you cannot lump all investments together as one as if they are all the same. They differ in terms of potentials. They differ in terms of the level of risk. They differ in terms of track record even. And if we take all these into consideration in terms of crypto investment, it would come out very obvious that Bitcoin is generally a much better option than altcoins.

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Ahli38
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May 04, 2022, 01:44:12 AM
 #70


These are some list of mistakes that I made till now and it seems I made every kind of mistake an investor possibly can. But I think every great success has a long list of failures. So I hope some new members will find some points useful and a real-time experience is always the best place for knowledge.

The purpose of the post is to share experience only so there could be exceptions in the same circumstance for another project.


Failures become a lesson. Nobody is perfect, people are often experiencing losses and failure in nature but with the help of these things we even become better and succeed. This perhaps was predictable and the most reason that it cause this was because of our emotions, human beings had carried this stuff.

Mistakes found no exemptions, it gonna happen even though we don't like it. That is why instead of blaming others, we instead blame ourselves first.

yeah that's it. sometimes it starts from mistakes that we become to know the right. and because of failure is what makes us more diligent in learning from mistakes so as not to fail again.

experience makes us more careful in taking steps. the same goes for investing in crypto.

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May 04, 2022, 02:26:57 AM
 #71

Mistakes are normal, but if we are still a newbiew and not familiar then starting with a small value is better, and when I'm still a newbie I rely on earnings that I get free from giveaway and faucets for trading, cloud mining, hyip and even gambling and so on , if it disappears or loses then I'm not too regret.
It's true that basically mistakes are normal and everyone makes mistakes.
besides that, with mistakes we can learn to be better in the future and in this case indeed for newbies it is necessary to invest starting from small amounts,
it can also be from an airdrop, although for now it's not as much as it used to be

I myself, at the beginning, did not invest money from my work in the real world. but when I was a newbie, I used money from airdrops. because in the past the results from the airdrop were quite large. and I lost everything. but mentally maintained because the money invested is the result of free gifts.
but I see for now-now newbies start investing with their hard-earned money in the real world and even that money is really needed by them to meet their daily needs. so that when they experience a loss they are easily carried away by emotions due to a shaky mentality . and experiences like this are common today.

Nowadays, it has become difficult to earn money from airdrop and the reward is not big so people will not be patient enough to wait.
Nowadays, newbies are eager to make a profit they not only invest with the amount of daily spending they are even willing to borrow to invest in the hope of a quick return. But life is not like a dream, most of them are at a loss, in debt piled up.



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May 04, 2022, 03:02:43 AM
 #72

Went through most of these issues during my early days in crypto (2014, 2015) and again during the ICO boom (2017,2018). The most common issue is that the listing (ICO) is made before the product is ready. And in many cases, the promoters may become dormant once the ICO is done and they may concentrate on other projects. Investors are too naïve, and sometimes they make the mistake of trusting these strangers blindly. Once the promoters receive money from the ICO, they lose their interest and give infinite number of excuses to delay their output. Lost quite a bit of money due to this unethical behavior so far.

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May 04, 2022, 03:01:18 PM
 #73

Just moved the topic to Beginners & Help section from Economic section after seeing so much positive comments. Hope this will help beginner to learn something.

Went through most of these issues during my early days in crypto (2014, 2015) and again during the ICO boom (2017,2018). The most common issue is that the listing (ICO) is made before the product is ready. And in many cases, the promoters may become dormant once the ICO is done and they may concentrate on other projects. Investors are too naïve, and sometimes they make the mistake of trusting these strangers blindly. Once the promoters receive money from the ICO, they lose their interest and give infinite number of excuses to delay their output. Lost quite a bit of money due to this unethical behavior so far.

I can see most of the project has this issue. They launch their token sale before their product is ready or just an idea. Some even doesn't have any team ready for the development but they already start marketing about their product. Investors are careless or eager for some quick gain so they actually do not care if project team can create some hype about the project. Actually its the small investors that lose their money mostly to these project.

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May 05, 2022, 06:21:01 PM
 #74

Nowadays, it has become difficult to earn money from airdrop and the reward is not big so people will not be patient enough to wait.
Nowadays, newbies are eager to make a profit they not only invest with the amount of daily spending they are even willing to borrow to invest in the hope of a quick return. But life is not like a dream, most of them are at a loss, in debt piled up.
I think that's is because the competition is now big and many people now know cryptos and all wants to get free money from the airdrops. This is also the reason why the rewards were halved. It is normal for rewards to get delayed because projects are still undergoing on some phases like sale, listing, and others.

If you are not patient enough to wait then this is not for you. It is totally wrong to use money that is intended for daily use because what if you lose that? you and your family are going to be hungry. It's also wrong to borrow and to invest because there is no assurance that we can accumulate a profit in a short amount of time to pay for our loans.

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May 05, 2022, 06:36:45 PM
 #75

That's why I quited investing on new launched projects. Because most of them are looks like a promising project but at a time they either fail or steal funds. More research needed before investing on a crypto project. Better we should invest on top ranked coins or on the promising projects with a strong community and team.
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May 05, 2022, 10:47:13 PM
 #76

Not just sometimes, but most of the time it happens that we neglect to do the deep search of the process and ignore to see their feedback as we think they are potential because someone told us and it was promoted in social media. Somewhat we thought that it was a safe investment and we can really be profit from this. But unfortunately, it is all just a manipulative view and it was made to encourage investors to put their money.

This still exists till now, we saw unknown projects in hypes and many got their bait, and lose their money.
If we deem care about our money, we should never put it into this kind of scheme.

R


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May 06, 2022, 12:47:11 PM
 #77

Actually, even though we already make a research into the crypto investment still there's a possibility we got a honeypot or rug with the projects because it's all about the community inside even though the projects are really good and once the community makes pull down the market there a chance that the project will fall down too that's the reason why the management know how to handle the community itself to make sure the community must not creating fuds.

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May 06, 2022, 03:28:50 PM
 #78

Not just sometimes, but most of the time it happens that we neglect to do the deep search of the process and ignore to see their feedback as we think they are potential because someone told us and it was promoted in social media. Somewhat we thought that it was a safe investment and we can really be profit from this. But unfortunately, it is all just a manipulative view and it was made to encourage investors to put their money.

This still exists till now, we saw unknown projects in hypes and many got their bait, and lose their money.
If we deem care about our money, we should never put it into this kind of scheme.

These are Some reason why other investors get scammed or lost their money it because of they are trusting fake or let says unknown project lead to them in to lost. Why is this happens because they are not do some research about that project maybe they are trusting so much or lazy enough to read the feed back. But as a newbies we need to do some search and look for a good comment/ a feed back from other investors in order to prevent such loss

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May 06, 2022, 04:19:18 PM
 #79

That's why I quited investing on new launched projects. Because most of them are looks like a promising project but at a time they either fail or steal funds. More research needed before investing on a crypto project. Better we should invest on top ranked coins or on the promising projects with a strong community and team.

Most of the projects are copycats of others. Amature should be careful when investing in a startup project. Sometimes we become fascinated by seeing the complexity and brilliantness of a project but the more brilliant it is hard is it to succeed. No matter how good the idea is we should invest in a working project, not just in the idea that most amateur investors do.

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May 06, 2022, 05:14:50 PM
 #80

Most of the projects are copycats of others. Amature should be careful when investing in a startup project. Sometimes we become fascinated by seeing the complexity and brilliantness of a project but the more brilliant it is hard is it to succeed.
That's the projection and front appearance of a project. They're showing at the top of their marketing but are poor with the actual. Most projects these days are like that.

No matter how good the idea is we should invest in a working project, not just in the idea that most amateur investors do.
We should always be able to verify if what they're talking about is real and factual. Because if you're an investor that's giving importance to your hard earned money, you'll always be that person who's meticulous in details.

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..PLAY NOW..
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