My thoughts and now my experience.

[Insanity]

...I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.

You could pay for training instead of paying for the experience you gained from unsuccessful trading and investing. It is possible that it would take you less time to acquire such an experience than it took for independent study. However, you have already figured out the source of your mistakes, and in the future you will have fewer disappointments that trading brings.

There is no saying that there will always be a profit by trading, sometimes there will be a profit and sometimes there will be a loss and you have to accept these two trades. However, I think that you must have a good idea to trade, otherwise a trader will never be able to make a profit.

[1714586150]

1714586150

[gunhell16]

Diversity without research behind it is silly. I thought that when you diversify you can make a mistake, how wrong I was. You should always diversify using research and don't rush to buy.

I think that until now there are still many people who do not apply it to be honest. This often happens to newbies entering this industry. Because the only thing on their mind is to make money, although I don't include all newbies in the crypto space.

But if research is done first before investing in something with the right method, surely no one will go home a loser in whatever cryptocurrency they buy, this is just my opinion. Which I think is correct.

[Lanatsa]

Diversity without research behind it is silly. I thought that when you diversify you can make a mistake, how wrong I was. You should always diversify using research and don't rush to buy.

I think that until now there are still many people who do not apply it to be honest. This often happens to newbies entering this industry. Because the only thing on their mind is to make money, although I don't include all newbies in the crypto space.

But if research is done first before investing in something with the right method, surely no one will go home a loser in whatever cryptocurrency they buy, this is just my opinion. Which I think is correct.

Cant really deny that im one of those noobs that do really believe that we could really be having that easy money on this market until the reality do slap you on the face which made you realized that it was

never been easy.I have learned up the things on hard way which i have lost lots of money due to greed and being too desperate on making myself rich.
You would really be having those first impressions specially if you do saw others who do make huge profits.

In the time where you are the ones who do make out such move, then it would really be raising up lots of questions.

[AnonBitCoiner]

In my opinion i just think that not anyone should follow the other person, not even its family member and friends because he will perhaps more familiar with crypto world but you are not. Other important point is that if you fully understood the things related to investment then its the time when you should have to join it but its reality that even experienced guys can also lose if condition become harsh.

[Falconer]

In my opinion i just think that not anyone should follow the other person, not even its family member and friends because he will perhaps more familiar with crypto world but you are not. Other important point is that if you fully understood the things related to investment then its the time when you should have to join it but its reality that even experienced guys can also lose if condition become harsh.

One would be safe if they only invest in bitcoins in the long term. They are likely to lose in the short term due to price volatility, but in the long term it is likely that the holder will get a decent return. But anyone who invests blindly in altcoin without doing any analysis, then of course they will most likely be trapped in altcoin that have no potential where the possibility of loss is clearer than the return.

In my opinion, it is better to buy bitcoins in a hurry than to invest in altcoin that have no potential, but they may have to wait a little longer for the returns to be truly worth it.

[GigaBit]

Cryptocurrency has become a popular trading platform these days. People's desire for which is increasing day by day. However, many have faced big losses by investing without knowing about this. Investing in cryptocurrency is risky because it is the most volatile asset in the world. There are many things you must consider before investing in crypto.

Research is Mandatory, Make a balanced portfolio, avoid doubtful project, Use the right wallet, Gather enough knowledge. If you don't know about these things there is a high possibility to loss your assets.

There are many people who plan long term in crypto without even realizing it. In this case, many of those who invest in Bitcoin are profitable, while those who have invested in various altcoins in the hope of more profit have no chance of getting back. But for investing in cryptocurrency all the time is better for investing in Bitcoin.

[SOKO-DEKE]

In my opinion i just think that not anyone should follow the other person, not even its family member and friends because he will perhaps more familiar with crypto world but you are not. Other important point is that if you fully understood the things related to investment then its the time when you should have to join it but its reality that even experienced guys can also lose if condition become harsh.

It's never a good idea to rely just on other people's opinions without conducting your own study, especially when it comes to bitcoin trading. You need to conduct a thorough analysis before entering the market, not just other people's opinions.

You haven't learnt enough just yet. It's not wise to invest with your kindergarten knowledge, take time to on them first.

having enough knowledge first before you are into any investment is the best way to be in safety side because it is the  knowledge that will defend anyone against wrong direction. So my advise to newbies should learn well first before are into trading, many people losses money in trading because they refuses to have enough knowledge about it.

[Viscore]

Diversity without research behind it is silly. I thought that when you diversify you can make a mistake, how wrong I was. You should always diversify using research and don't rush to buy.

I think that until now there are still many people who do not apply it to be honest. This often happens to newbies entering this industry. Because the only thing on their mind is to make money, although I don't include all newbies in the crypto space.

But if research is done first before investing in something with the right method, surely no one will go home a loser in whatever cryptocurrency they buy, this is just my opinion. Which I think is correct.

That is why DYOR is very much important not only in cryptocurrency investment but certainly in all aspects of our lives. Learning to diversify is a smart way, but I don’t think we should jump to that when in the first place we are not profiting yet. So the first focus is still to gain knowledge and invest in a prominent coin like bitcoin. When we are making profits already, that’s the perfect time to diversify. And when we say diversify, we should not limit only to crypto, but we should take considerations too investing in stocks, real estate, or even in gold. That way, we will gain additional profits from different type of investments.

[dunfida]

...I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.

You could pay for training instead of paying for the experience you gained from unsuccessful trading and investing. It is possible that it would take you less time to acquire such an experience than it took for independent study. However, you have already figured out the source of your mistakes, and in the future you will have fewer disappointments that trading brings.

There is no saying that there will always be a profit by trading, sometimes there will be a profit and sometimes there will be a loss and you have to accept these two trades. However, I think that you must have a good idea to trade, otherwise a trader will never be able to make a profit.

This is what noobs do believe that making money with trading is pretty easy until they would be finding out theirselves getting fucked up with the reality.Its never been that surprising and this is usually the first time

experience of every trader and into those people whom do believe that it was easy.Its never been easy in the first place, it is really just those first impressions arent really just that right and they are
really just believing on things which arent true.

If you do want to sustain then deal with the risk and try out to be that disciplined and getting more experience and enhance out your skills.

[Jody.Drummer]

In your last part I think what you mean there is to have a mentor but that can cost money. Learning on our own way is still the best.

It doesn't always have to be a mentor that we pay to teach us, even people who are older and have more experience I think they will be happy to give us an explanation of what we don't know. And if we even look at this forum when beginners ask questions, they will answer happily and don't even hesitate to give directions on what to do.
I personally would be excited to tell people who ask me about bitcoin, and that is exactly what I wish I had. Because if they come by themselves, it means they are serious about what they want to learn.