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Author Topic: Smart decision I made toward the end of the bull run  (Read 794 times)
WalkerIVIV
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June 15, 2022, 09:26:52 AM
 #81

That's also the worst decision. Bitcoin and ethereum already dumped so hard and the best choice will always be converting your tken to the stable token as well. So, i meant if the stable token will always become the best choice for you to secure your asset.
bitcoin and ethereum were not safe heaven for now. Bunch of people are loosing a lot in bitcoin and ethereum. I hope that you have been converting your assets to the stable token.

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June 15, 2022, 09:47:55 AM
 #82

I agree we must not follow the crypto pseudo-experts we have to think / reason with your own heads with the bear market at the gates we have to run for cover i personally have changed everything in eth, btc and stablecoin
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June 15, 2022, 10:38:14 AM
 #83

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

Well, people who likes to follow Youtubers/influencers are unfortunate. Some might've profited from following them but mostly will lose eventually, coz most of these Youtubers are paid to shill shitcoins. Hyping them up to fool their followers.
Shilling will have a double benefit for them.
1. They are paid to shill.
2. They will ride the hype and will make a profit before the dump.
So, yeah you've made a perfect decision.

R


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June 15, 2022, 01:39:45 PM
 #84

These guys only job is to be popular and give right or wrong advice. I think you made the right move, from now on you will gain more knowledge if you study more instead of listening to others. With this information, your extra earnings increase. Never mind twitter and youtube celebrities, they only think about themselves and they don't know anything. This year, I have seen that they have harmed many people in my own environment, they affect many people, but unfortunately this is bad.
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June 15, 2022, 02:15:32 PM
 #85

ETH and Solana are also altcoins. You are lucky that you made a good decision at the last moment of bullrun which many could not. But I think it would be better if you could convert your assets to USDT. Because btc, eth and solona are also bleeding.
Isn't there a better way than that? because if he converts now, then he will incur a loss, but if he still keeps it until waiting for the price of btc, eth and solona to increase again in the market, then that is a very wise thing I think, because right now the price of the three coins is so low that it will shame if someone dumped it by converting assets to USDT.

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June 15, 2022, 02:50:35 PM
 #86

Lol. Are you just realizing this? You have to come to your own decisions and learn to blame no one but yourself when it goes south, and pat yourself on your back if it turns right. Youtubers and KOLs are just there to earn income from shills. The earlier you learn this the better for you
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June 15, 2022, 03:49:53 PM
 #87

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
I never listen to youtubers. I cashed out most of my assets at the end of the bullrun. I have converted some assets into USDT. Because when the market is up, it is up slowly. But when it is down, it is down very fast. So if you are not careful beforehand, there may be nothing to do when market go down.
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June 15, 2022, 06:03:27 PM
 #88

Its the dumbest decision OP, you should be holding USDT or USDC instead of buying solana, BTC and ETH because its so clear that we are heading into a bear market since last month, see how lower BTC goes? You could be DCA ing right now and get better staoshis per coin.

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June 15, 2022, 08:49:41 PM
 #89

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
ETH and Solana are also altcoins. You are lucky that you made a good decision at the last moment of bullrun which many could not. But I think it would be better if you could convert your assets to USDT. Because btc, eth and solona are also bleeding.
Maybe what he mean is alts that aren't good as the three. He have done a good job there, now that there is still a bull because if not and the bear takes place, those other alts he have won't have a chance to recover anymore but yes many won't do it because for them profit is important first before any other things so what they do is they sell their coins for fiat during the bull run and they will only re invest again once the bear takes place.

Your idea of converting volatile cryptos is fine but I would choose a better stable coins not usdt because many says that it is risky. I would got for busd, usdc and dai, as I never heard any negative feedback from them.

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June 15, 2022, 09:05:16 PM
 #90

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
If those are just non established altcoins, then its always better to convert them into bitcoin and ethereum. However, that won't still guarantee profits especially that we are seeing the crypto market today almost collapsing. Bitcoin and ethereum are very low priced this time, but it won't mean that they are good to sell to stop the losses. It would have been better too if you convert some of your altcoins too into stable coins. That way, you will never struggle this time. But anyways, bitcoin and ethereum are much better than those new projects in the market. So always keep the faith.

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June 15, 2022, 09:17:43 PM
 #91

I followed two times a youtuber and every time i lost fund even someone suggested to invest on luna when it was fall 10$ and got support on 10$ lol!! And i made a big mistake from this signal they are just actual fool and give signal on their investment even it is on bad condition!!

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June 15, 2022, 09:43:34 PM
 #92

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

I don't even watch crypto related youtube videos. By the way, BTC, Eth and Sol also dumps. The smartest decision would have been you converting them to stable coins like USDC, USDT or BUSD
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June 15, 2022, 09:45:40 PM
 #93

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
Many had failed and blame themselves, and even regretting because of the wrong decision been made. Yeah, this is very common for those people who come in a hurry. It was found to be more relevant to anticipate the market decline than to be a greedy holder looking for more profit. Likely, if you miss the chance of selling your coins to Bitcoin, I'm very certain you are also doing this (blaming).

You are not just doing it smart, but what you did is an independent decision, and it was great.
In this crypto market, the only way to succeed is trusting your own decision, as you can never rely for others to make it up for you. I agree on you, what OP has did is always great since he never doubt his own instinct that bitcoin, ethereum and eve solana will create a huge value in the future. Maybe not for the moment as the crypto market is experiencing a huge crash, but stay patient and hold them still as you have an edge to be more profitable when this bear market is over.

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June 15, 2022, 10:04:45 PM
 #94

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

I don't even watch crypto related youtube videos. By the way, BTC, Eth and Sol also dumps. The smartest decision would have been you converting them to stable coins like USDC, USDT or BUSD
If you are converting them now, I guess you made a wrong decision, you lost some money from it. Since these coins are the leading coins in the market, we could assume that these coins will do the rally first during the bull season, and holding them instead of converting them could be a smart idea. If I do follow what you have said, maybe this will be applied to shitcoins, but these potential coins will survive in this bear season for sure.

But yes, it was our decision, and we take responsibility for it whatever it cost.

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June 15, 2022, 11:03:20 PM
 #95

I followed two times a youtuber and every time i lost fund even someone suggested to invest on luna when it was fall 10$ and got support on 10$ lol!! And i made a big mistake from this signal they are just actual fool and give signal on their investment even it is on bad condition!!
I honestly think that these so called youtubers rarely did a real analyzation, they just thought that this altcoin gets corrected so hard it must go back to its former valuation again, but it's different case with luna they are getting corrected so hard because they are having hard time containing the massive short squeeze in their UST and they even ran out their reserve fund.

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Vaculin
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June 15, 2022, 11:20:19 PM
 #96

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
YouTubers are not helpful at all as they can lead us into huge losses. So congrats as you stick to your own decision and believe that bitcoin will always be profitable in the long run. As long as you’re not into get rich quick mindset, you will always prosper as holding promising coins like bitcoin, ethereum and solana will paid off when the market starts to become stable. Be independent, as it will always make you unique and trust the process as everything won’t succeed if you never believe in it.
wxa7115
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June 16, 2022, 06:35:26 PM
 #97

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
Those youtubers do not really know anything about the markets and most of the time they are just being paid to promote a coin or they have invested in that coin themselves, and they are promoting it in order to create a pump and dump on their own.

So with this in mind it is a bad idea to listen to them when they do not have our best interests at heart at all, also it would not surprise me if in the future the authorities begin to investigate those youtubers, as what many of them is doing can be considered illegal or at best irresponsible since the majority do not have any credentials which allows them to give such advice.

.
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Delightcrypto1
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June 16, 2022, 07:28:55 PM
 #98

In investment you have to do your own proper research about a particular project you wish to invest in before investing. YouTubers or Social media motivational speaker should be a reason of take decision outside your plan. Remember in the case of losses or gain you're the person to be affected so be wise taking wise decision.

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cheezcarls
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June 16, 2022, 08:16:12 PM
 #99

I will always be bullish with Bitcoin no matter how long this bear market will last. I have made mistake back then for not buying Bitcoin early but rather choosing shitcoins to hold for a long time until it goes crashing down to earth. DCA with Bitcoin is the best decision that I have made right now even if there are no guarantees or promises about its future bull run.

This is already my second DCA purchase with Bitcoin with my extra "not beer" money. However, if I am earning more than my monthly average I would add ETH to my DCA plans.

Unfortunately not SOL, I don't have confidence with it because of numerous network outages.

Pla
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June 16, 2022, 09:33:58 PM
 #100

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
Those youtubers do not really know anything about the markets and most of the time they are just being paid to promote a coin or they have invested in that coin themselves, and they are promoting it in order to create a pump and dump on their own.

So with this in mind it is a bad idea to listen to them when they do not have our best interests at heart at all, also it would not surprise me if in the future the authorities begin to investigate those youtubers, as what many of them is doing can be considered illegal or at best irresponsible since the majority do not have any credentials which allows them to give such advice.
Youtubers make their income through adsense and sponsorship, so they aren't really concerned if their advices will work for real when applied on practice by their public. Usually they even state at the beginning of the video informations contained there shouldn't be taken as financial advice, meaning they don't take any responsability for what they say. Thinking logically, there is no reason to take what they say in consideration then.

it's much better to pay attention to the facts and events happening in the world than paying attention to youtubers. This way you can predict the market and manage your investments much more efficiently.

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