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Author Topic: What the pressure for success comes with  (Read 328 times)
Daniel91
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August 21, 2022, 11:00:36 AM
 #21

Any investment is always a risk and not only investing in crypto.
Of course, everyone wants to invest successfully and make money, and people often invest all the money they have in a desperate desire to get out of poverty, but desperation is not a very good ally in investing.
Every investment should be well planned, we should know how to analyze the market, trends, make an investment plan and strategy and have a clear exit strategy.
This forum is just a good place to look for some information and a community of crypto enthusiasts, but nothing more.
Everyone is responsible for their decisions, and we should avoid any stress and pressure and make decisions rationally, without too much emotions.
The success of our investments always takes long term, so taking one step at a time is always advisable and never see bitcoin as get-rich-quick scheme as it’s never been like that. However, it takes a lot of knowledge and skills in crypto, and of course various experiences in the market for a good trader or investor to be more close to success as it’s always an advantage being well equipped physically and mentally.

Exactly.
When we prepare for our profession and work, we study for 12-16 years and even then we are not completely ready because we need practice and experience.
In the same way, we should prepare for everything else we do in life, including investing money.
Many people listen to various stories about crypto in the media and how many people got rich overnight and expect that it is enough to invest money here and that earnings will come very easily, without additional effort and work.
In fact, nothing in life works this way and it is a sure path to ruin and loss of money.
To invest in crypto, you need to prepare well, after a detailed study of the market and analysis, and set clear and realistic goals.

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GeorgeJohn
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August 21, 2022, 11:11:19 AM
 #22

Any investment is always a risk and not only investing in crypto.
Of course, everyone wants to invest successfully and make money, and people often invest all the money they have in a desperate desire
You are right because their no cryptocurrency investment that doesn't involve risk taking. Even it's applicable to manual businesses that you offline. So the manual business is all about risk since money is involved. That's while from my perspective it's acknowledgeable for someone to take it's decision concerning cryptocurrency investment without anyone advising on what to do because of the disadvantages or risks that can occur.

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Alisha-k
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August 22, 2022, 04:58:36 AM
 #23

Anything that deal with investing and pulling out funds naturally comes with so much anxiety, pressure and fear. Sometimes this might come as a result of how crypto currency was introduced. If all one get to know about crypto is just how profitable it can be on a long term goal one might feel its one sort of Ponzi venture

When it comes to Doing a research it sounds like a weird advice to someone who knows nothing about crypto because they might not know where to start and how to go about them. Some might even get scammed while doing their research. Lecturing about crypto is better than introducing them to a technology that is so complicated

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_BlackStar
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August 22, 2022, 06:51:51 AM
 #24

Could this be the reason someone asked me during my crypto lecture: "for how long you have stayed in this forum, you have nothing to boast of, how are you feeling Like being a member of the Btt forum?"

I chuckled. The question was funny to me. The only answer I gave was:

"At least, I have acquired enough information in crypto and the forum also.
I think that is the simplest answer you answered to the question, of course it will give them the impression that you are not looking for quick riches on forums other than just a good knowledge of bitcoin.

It's not true that people think that our success on forums is measured by how rich we are out there. I don't even have a car, I don't own a house [just live at my parents' house] while I have better knowledge than most other people in my neighborhood especially about bitcoin. At least they must understand that knowledge is still better than wealth because without knowledge wealth will never be ours unless you are the heir of your parents' property.

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indah rezqi
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August 22, 2022, 09:08:34 AM
Merited by fillippone (2)
 #25

I think that is the simplest answer you answered to the question, of course it will give them the impression that you are not looking for quick riches on forums other than just a good knowledge of bitcoin.

It's not true that people think that our success on forums is measured by how rich we are out there. I don't even have a car, I don't own a house [just live at my parents' house] while I have better knowledge than most other people in my neighborhood especially about bitcoin. At least they must understand that knowledge is still better than wealth because without knowledge wealth will never be ours unless you are the heir of your parents' property.
I really don't understand why some people have such thoughts when they are introduced to bitcoin for free by others. I have been here since 2017 but I don't have much to be proud of other than just trading results and a very simple life. Treasure does not prove anything about what we get in this forum, especially about knowledge, because actually bounty hunters who have dozens of accounts can be richer than forum contributors who teach us knowledge.

While the investment and profit we get from it is something different than interpreting it as the success we get from the forum. I learned a lot about trading as well as a true understanding of investing, this is really something different from what they ask us to be proud of.

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TheNineClub
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August 22, 2022, 11:06:53 AM
 #26

I think the sig campains is why new people that come to the forum mostly have the idea that this is a money making platform. And it's the same way with crypto in general, people see it as a way to make money, not participate in a social and economic experiment that was designed to be. The forum is first and foremost a platform for learning and exchangeing ideas.

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August 22, 2022, 11:11:16 AM
 #27

Could this be the reason someone asked me during my crypto lecture: "for how long you have stayed in this forum, you have nothing to boast of, how are you feeling Like being a member of the Btt forum?"...

There is a lot of pressure some folks mount on themselves when they enter crypto.
Don't let anyone pressure you into anything, whether here or elsewhere. Determine your pace by yourself. Life isn't a competition and you should also remember that we all measure success differently. Don't engage anyone in an argument just so you can prove to them your level of success. Avoid those who seek to drag you into such.

Quote
Being over-anxious has never solved any problem rather it leads you to invest wrongly.
In biblical terms, it's called "being anxious for nothing" Getting unnecessarily anxious over something has never solved a problem. Instead, it makes one look desperate.

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August 22, 2022, 12:11:35 PM
 #28

Many aren't even preparing, they look at the chart and confuse themselves that its over, they only have interest when pump is happening, FOMO, as bad as it is I think its why many get rich and why many also get rekt, those who have less knowledge about crypto only knows how to FOMO.

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August 22, 2022, 06:12:53 PM
 #29

~
Success in trading =/= Success from forum. You could be an established member here either from marketplace or trading items from different users here, but you could be crap in day trading at basic levels and you would not know the common trading stuffs like RSI or Bollinger Band since that is not your niche.
Users should not feel bad if they do not really find "success" in here, since not everyone is here to be an established member anyway. They could just be here because they wanted to gain knowledge, ask questions, or learn more about the trends in crypto since we got an Altcoin Discussion board which is nice if one is not only a fan of Bitcoin only.
You do you like always.
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August 22, 2022, 06:27:38 PM
 #30


Could this be the reason someone asked me during my crypto lecture: "for how long you have stayed in this forum, you have nothing to boast of, how are you feeling Like being a member of the Btt forum?"

You haven't spent a lot of time to be asked such question. You registered 25 May, 2021 and that is a year and 2 months. Why the high expectation ? You are here to learn and if you get some reward from it then you are lucky with it. Don't always paint the forum as a platform to earn


We all know that crypto and the Btt forum don't promise riches if you join or get ranked up easily. Crypto requires more intelligence and DYOR.

By 2024, it will be a bull season, how prepared are you?


This is the right kind of thinking that can catapult someone to the next level. Getting prepared for the future bull run and investing the right kind of coins is success awaiting.


Before the year 2024, I plan to re-strategize to create enough awareness for crypto in my society, create an enabling ground for lectures and solve some problems. Before then, I will keep developing myself intellectually and growing. With the efforts, I have made, if, in a working society, I know what the result could be.


I hope you won't get to start collecting fees from friends around you for teaching them what you are still a novice on   Grin. Many go into that too to form groups, telegram, Facebook and other social media channels but all for the sake of fees.

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August 22, 2022, 07:09:03 PM
 #31

Many aren't even preparing, they look at the chart and confuse themselves that its over, they only have interest when pump is happening, FOMO, as bad as it is I think its why many get rich and why many also get rekt, those who have less knowledge about crypto only knows how to FOMO.

those who are not ready need to get some education through this forum. because there are FOMO victims who do not know how to trade properly and are not only interested in FOMO pumps. This forum has a storehouse of knowledge that needs to be learned so that doesn't happen. Forums are not a place to find wealth, but if we can focus on one goal then we can get that wealth through any avenue of forums or trading.
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August 22, 2022, 09:57:08 PM
 #32

Before the year 2024, I plan to re-strategize to create enough awareness for crypto in my society, create an enabling ground for lectures and solve some problems. Before then, I will keep developing myself intellectually and growing. With the efforts, I have made, if, in a working society, I know what the result could be.

The basic idea behind cryptocurrency is to cut out the middleman (the bank) and for you to control your money. It is not just an investment platform where people buy and hope that the price goes up, it is an entire system of decentralized trust networks. It opens up a whole new dimension of self-determined trading. The best way to get started is to find some friends who knows something about crypto and create a group between 2-10 people, this will help you all in trading together and also gives you an opportunity to discuss with one another which would ultimately help you in deciding whether a coin is viable or not. Always consider placing a portion of your money in proven coins, such as Bitcoin. Those coins have the best chance of retaining or gaining value.

In the end, cryptocurrencies still have a lot to offer. Their use cases are many and their potential is nearly limitless. In other words, there is no reason to be hesitant about getting involved. So do your research, and see where it takes you.

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October 11, 2022, 11:30:23 AM
 #33

By the way, I never thought of this forum as a means of enrichment. About the way to get information and advice - yes, but enrichment? It's hard for me to imagine why anyone would think that, honestly.
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