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Author Topic: advice for who are witnessing this market for the first time.  (Read 879 times)
lienfaye
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August 11, 2022, 04:06:33 AM
 #101

try investing in a bear market , because buying during a bear market is the right time. and try to learn more can be through online or offline.
Buying when the market is in bearish is the perfect timing for beginners. But before investing its a must to take time learning about the nature of crypto. Because this is one of the usual mistake of newbies who are getting interested to invest but lacking of knowledge. If you're aware how it works then seeing the market turning up and down doesnt affect you negatively specially during bearish season wherein many newbies are worried for their investment that it might not recover. So dont panic and have guts.

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August 11, 2022, 05:01:50 AM
 #102

The worst thing you can do at this time is sell your Bitcoin.  Keep HODLing and stacking until the next great run, could be a few years from now, but remember to play the long game.  Hopefully, you were able to get some when Bitcoin touched 17- 18k.
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August 11, 2022, 07:07:07 AM
 #103

This is probably one of the best question I think because those people who are coming in the market for first time is definitely going to loss if he did not understand crypto. First time of they see old charts they think everything is just put money in but crypto has now become a very tough to earn because any coin value what will be nobody knows so understand and then trade.
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August 11, 2022, 07:29:11 AM
 #104

Whatever you maybe experiencing in the marketing (dip) don't let it get you panic,  it is not new and you understand it is expected to happen because that is the nature of the market,  the market can't do without a dip. Beginners in the market should understand that the market is not all about profit but also a dip when the price goes down, in times like that being panic is not an option but to also have exercise patience for the market to become better.

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August 11, 2022, 12:21:21 PM
 #105

The first thing in crypto market is the patience. As we see the journey of Bitcoin from 2012 to 2022, the phenomena may be understandable where some rise and drop were seen but Bitcoin crossed $65K which is unbelievable. Secondly, start from small to big or get lose all. Thirdly, search yourself all about when you participate in any thing. And finally, always keep in mind 99% risk and 1% profit.
If you decide to hodl a coin for long term in order to experience a massive profit then indeed patience is the main thing that you need. What's good about cryptos is that there are terms built for different types of people as they also know that not all have a solid patience but many just want quick profits. Those people can pick up risky coins.

Usually those are newly released coins but for those who want medium risk then they can invest on top coins but they can just sell right away when they already made some profits. The last thing that you said seems foul to me. I think 99% risk is too much. Even if you invest in risky coins, I think the risk won't still be high as that.

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August 11, 2022, 01:09:33 PM
 #106

Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
if someone is new to the crypto market which is very volatile and is afraid to invest, then it is better to just avoid the crypto market,
and invest in the stock market, because in crypto it is high risk high reward, of course if you buy crypto currency at low prices like this time,
you will really be rich in the future, believe me!

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August 11, 2022, 01:44:28 PM
 #107

Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
if someone is new to the crypto market which is very volatile and is afraid to invest, then it is better to just avoid the crypto market,
and invest in the stock market, because in crypto it is high risk high reward, of course if you buy crypto currency at low prices like this time,
you will really be rich in the future, believe me!
most importantly do not choose the wrong asset. the current market moment I think many will recommend buying. but it must be with a trusted asset. and for current market conditions, long-term planning is best.
Panic in a bear market is normal, but don't make the wrong decision.

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August 11, 2022, 02:34:38 PM
 #108

Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Investors who enter the market and see the bad state of the market for the first time may think that this is the worst moment of their life. But like the ups and downs in life, currencies also have ups and downs. Q Cryptocurrency markets go up and down in a certain cycle after a certain period of time. Those who are new entrants, please be patient, after some time the market will return to its previous position.

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fullhdpixel
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August 15, 2022, 05:44:40 PM
 #109

Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
if someone is new to the crypto market which is very volatile and is afraid to invest, then it is better to just avoid the crypto market,
and invest in the stock market, because in crypto it is high risk high reward, of course if you buy crypto currency at low prices like this time,
you will really be rich in the future, believe me!
That would cost people to never get into crypto at all and that's not a good way to do it. I personally prefer it when the time comes and you end up with investing into some crypto, then you could be afraid and that's fine, there is nothing you should be afraid of but there could come a time that you feel like that.

People shouldn't run away and get out of crypto, they should be focusing on how they could end up doing something much better. This is how I approach things and that's how I know what could be done. I know that there is a good chance that we could end up with a good amount of problems in the long run but we shouldn't run away from them at all.

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August 15, 2022, 06:02:19 PM
 #110

That would cost people to never get into crypto at all and that's not a good way to do it. I personally prefer it when the time comes and you end up with investing into some crypto, then you could be afraid and that's fine, there is nothing you should be afraid of but there could come a time that you feel like that.

People shouldn't run away and get out of crypto, they should be focusing on how they could end up doing something much better. This is how I approach things and that's how I know what could be done. I know that there is a good chance that we could end up with a good amount of problems in the long run but we shouldn't run away from them at all.
Even that, beginners have to learn a lot about crypto so that they understand the real bear market, if they don't have the mentality to base it on then they will leave out of fear but if the beginner comes with the desire to learn to do what he wants to know in a bear market then he will be ready later.

For me crypto is not as scary as that in crypto, it's just that people have different delivery when a newbie comes in and asks, but if we focus on this field and learn better skills I think he will be interested in this risky crypto investment, we will find long term opportunities if we hold on to them.

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August 15, 2022, 07:48:59 PM
 #111

Stay alert and stay calm Wink
Short and precise.
yes, instead of bothering ourselves about why this happened better think about the opportunity that this bear season gives us -  accumulation time.
Some have waited until this moment but some are unhappy, just like how these new timers respond to the market. But likely, they have to adapt to the way the market is behaving and we should be aware of the condition that not all the time we are in bull season or bearish, it changes from time to time.

It only proves that not all people here understand the flaws of the market and the risks involved when investing in cryptocurrency. Strong hands and weak hands have always their own set of beliefs and perceptions. But even so, despite of their differences, there is only one way to move forward and that is to behave accordingly, regardless if the market is bullish or bearish. That way, we will prevent inevitable losses, and we will always gain decent profits in the end.

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August 16, 2022, 03:04:09 PM
 #112

Even that, beginners have to learn a lot about crypto so that they understand the real bear market, if they don't have the mentality to base it on then they will leave out of fear but if the beginner comes with the desire to learn to do what he wants to know in a bear market then he will be ready later.

For me crypto is not as scary as that in crypto, it's just that people have different delivery when a newbie comes in and asks, but if we focus on this field and learn better skills I think he will be interested in this risky crypto investment, we will find long term opportunities if we hold on to them.
That’s the point, if you stay in crypto even during bad times and learn, then you will be profiting a lot more in the upcoming bull periods. Like someone who got in on the first days of 2022, and then spent their time only on bear and terribly low markets, they will feel like they are doing something bad and could probably run away from crypto, but if they stay then they are going to end up with a great profit when the time comes because they had months and months of learning what to do when the time comes, that’s an important task and people should stick with it, I personally definitely feel like that’s the best thing to do, for a newbie at least.

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ItsCrafty
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August 16, 2022, 05:38:51 PM
 #113

This is an innovative way to get profit i think that a person at the beginning of trading has to face certain issues but as you become familiar with it so the percentage of issues reduces.  Always look into the detail of initiative at first, act wisely and do not follow your feelings, one crucial advice is that you have to wait for the accurate time and then buy or sell coin do not be speedup to get money as your greedy behavior can cause loss of money.

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August 16, 2022, 11:15:42 PM
 #114

My advice to newbies who are witnessing this for the first time is to never look at the chart always and always make your investment priority to be on BTC.

This is an innovative way to get profit i think that a person at the beginning of trading has to face certain issues but as you become familiar with it so the percentage of issues reduces. 
The percentage of the issue crypto traders experience is specified by the market trend and there's no reason it will reduce even when a trader is not beginning.
The only difference is that the expert knows usually knows what to do when the market is not in his favor.

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August 16, 2022, 11:37:52 PM
 #115

Even that, beginners have to learn a lot about crypto so that they understand the real bear market, if they don't have the mentality to base it on then they will leave out of fear but if the beginner comes with the desire to learn to do what he wants to know in a bear market then he will be ready later.

For me crypto is not as scary as that in crypto, it's just that people have different delivery when a newbie comes in and asks, but if we focus on this field and learn better skills I think he will be interested in this risky crypto investment, we will find long term opportunities if we hold on to them.
That’s the point, if you stay in crypto even during bad times and learn, then you will be profiting a lot more in the upcoming bull periods. Like someone who got in on the first days of 2022, and then spent their time only on bear and terribly low markets, they will feel like they are doing something bad and could probably run away from crypto, but if they stay then they are going to end up with a great profit when the time comes because they had months and months of learning what to do when the time comes, that’s an important task and people should stick with it, I personally definitely feel like that’s the best thing to do, for a newbie at least.
Make yourself fully aware on how this market works whether on the good times or on the bad times which you would be definitely able to learn up and make use of that knowledge on taking up advantage
whenever you do see opportunities then you do already know on what you should gonna do.You would really be having a hard time specially on your first time but to mind off that everyone starts on
being a noob which means that we cant really able to get a good grasps on first time which means errors and mistakes are very common but as you do make yourself learn then you would
really be that aware on different market conditions which would really make you sustain.

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