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Author Topic: My exorbitant lessons in last bull market  (Read 727 times)
milewilda
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October 27, 2022, 10:36:32 AM
 #61

2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.
One of the many reasons why doing our own research first before executing is the best, by this way, we don't rely on someone so at the end of the day, we will not blame someone because they say so.
For sure, these will be your lessons, it's normal. A lot of people already experienced this especially me last 2018 bull run and I applied my learnings after that.
All of us who are already old into this market did really make out some learnings out of those experiences back in the past.Its impossible that you would really be making yourself not able to learn those things in the past.
You would be surely aware on how this market works and we would really be applying it on further more years to come.We cant make out precise decision from time to time but at least we do already have the glimpse on how this market behaves and does have the idea on what you would gonna do.Unlike when you are still a noob where you do really have lots of questions along the way but you would eventually
able to seek off those answers for yourself and make use of those learnings to sustain yourself.

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October 27, 2022, 11:56:29 AM
 #62

Unlike when you are still a noob where you do really have lots of questions along the way but you would eventually
able to seek off those answers for yourself and make use of those learnings to sustain yourself.

Experts always come from beginners, so that's the advantage of running crypto for longer. Beginners always make it difficult for themselves if they are unwilling to learn and rely on others. They will always rely on others. But I'm sure not just a beginner even an Expert could be wrong. Crypto is synonymous with loss, profit and high volatility. An Expert certainly has a plan, and that's what they execute when they make mistakes. All of that they took based on the experience they got. That's the difference, but the trader's key point is that Emotions are the best control. A technical and fundamental expert will be damaged if he is unable to control emotions.

R


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ChiNgadOr
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October 27, 2022, 12:19:31 PM
 #63

What is your exorbitant lesson investing in crypto last bull market (2021-2022)? I will like to share mine...

1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.

3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.
Everyone had made one of two mistakes in the time past especially buying the wrong coins that never appreciated with poor developers team. I could remember investing on some coins that still promised to have a better movement in due time since the Dec is working on something big that will shake the market. Some many promises everywhere by project team and we all just have to be very careful so that we won't become a victim of rug pull or coins that is not listed on exchanges.  Some many things happen in the last bull market will hypes that made newbies to regret their mistakes.

┌∩┐(◕_◕) ┌∩┐ Not your keys, not your coins. Binance (and any other CEX) can fuck off ┌∩┐(◕_◕) ┌∩┐
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October 27, 2022, 07:20:27 PM
 #64

What is your exorbitant lesson investing in crypto last bull market (2021-2022)? I will like to share mine...

1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.

3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.
Everyone had made one of two mistakes in the time past especially buying the wrong coins that never appreciated with poor developers team. I could remember investing on some coins that still promised to have a better movement in due time since the Dec is working on something big that will shake the market. Some many promises everywhere by project team and we all just have to be very careful so that we won't become a victim of rug pull or coins that is not listed on exchanges.  Some many things happen in the last bull market will hypes that made newbies to regret their mistakes.
I agree with you, there could be a few cases of investors which bought bitcoin early, never sold it or bought something dumb with it, never got scammed and they are millionaires today, but the number of those cases must be very low, the majority of us have at some point made a mistake or two, but what it matters is how big the mistake actually was and how we responded after making that mistake, and as long as you did not lost too much money and you learned from the experience then most likely you will do fine in the future.
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October 30, 2022, 03:25:43 PM
 #65

What is your exorbitant lesson investing in crypto last bull market (2021-2022)? I will like to share mine...

1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.

3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.
Those are a lot of lessons you needed to learn but while you may feel like the losses are too great, believe me when I say to you that this is not rare at all and there are many people which made way bigger mistakes than you.

In my case probably the only mistake I made during this bull run was to not invest more in bitcoin after its crash on March of 2020, but I do not think too much about it as no one knew how bad things will get due to the pandemic, so it is a mistake I can easily let go.

Well, looking at all those things, I can say that they can be speculations, they are also investment focused thoughts, but if we stop more, we could see that these are some of the things that we are most interested in, is that if BTC reaches $100K Things would change drastically, there would be new millionaires, those who have bought BTC for the 19k levels would be the kings, and obviously upon reaching $100k I would see it as an ATH that could continue to grow much faster than normal, and that would mark the difference in many cases, so much so that I would prefer to think of a $150k ATH, and beware if it is more.

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October 31, 2022, 11:42:04 PM
 #66

What is your exorbitant lesson investing in crypto last bull market (2021-2022)? I will like to share mine...

1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.

3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.
Those are a lot of lessons you needed to learn but while you may feel like the losses are too great, believe me when I say to you that this is not rare at all and there are many people which made way bigger mistakes than you.

In my case probably the only mistake I made during this bull run was to not invest more in bitcoin after its crash on March of 2020, but I do not think too much about it as no one knew how bad things will get due to the pandemic, so it is a mistake I can easily let go.

Well, looking at all those things, I can say that they can be speculations, they are also investment focused thoughts, but if we stop more, we could see that these are some of the things that we are most interested in, is that if BTC reaches $100K Things would change drastically, there would be new millionaires, those who have bought BTC for the 19k levels would be the kings, and obviously upon reaching $100k I would see it as an ATH that could continue to grow much faster than normal, and that would mark the difference in many cases, so much so that I would prefer to think of a $150k ATH, and beware if it is more.

There are people who do eventually learn up on things that they have experienced back in the past which whenever we are on a hyping or fomo'ing market then this is where we should really be that careful

on buying because anytime soon it would really be making out corrections or declines afterwards.We cant really just have a market on having a single movement which you should presume out that reverse trend

could really happen.If we do make out comparison into those people who had been on this market for a couple of years into those who had just recently learned on this market.
Then their actions would really be varying or according into their experiences back in the past on how much aware they are.

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November 04, 2022, 01:12:52 PM
 #67

1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

I'm definitely not saying that people should try it (because 99% of people shouldn't), but this strategy can work. You just seemed to have picked crappy meme coins. Can't blame you though, pretty hard to look for the next DOGE or SHIB in the huge black sea of memecoins.

Well I can relate to that during the meme coin hype. I have picked crappy meme coins to invest to see if I have positioned very well, but it’s not. As they’re designed not to last long, I was just waiting for the right time to sell at a profit.

But the problem is that I am fed up to greediness that I want more profit, but instead it goes the other way around and I’ve lost a lot of money. I think out of 10 crappy meme coins, only 2 of them that I have profited but not much to cover my losses.

Pla
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November 05, 2022, 11:02:00 AM
 #68

1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

I'm definitely not saying that people should try it (because 99% of people shouldn't), but this strategy can work. You just seemed to have picked crappy meme coins. Can't blame you though, pretty hard to look for the next DOGE or SHIB in the huge black sea of memecoins.

Well I can relate to that during the meme coin hype. I have picked crappy meme coins to invest to see if I have positioned very well, but it’s not. As they’re designed not to last long, I was just waiting for the right time to sell at a profit.

But the problem is that I am fed up to greediness that I want more profit, but instead it goes the other way around and I’ve lost a lot of money. I think out of 10 crappy meme coins, only 2 of them that I have profited but not much to cover my losses.
Of course, there are many people who are tempted by the benefits that other people get. Though we do not necessarily get the same thing as people get. This is what has always been a lure, to be honest, I'm personally also tempted. Moreover, those who put it on their YouTube channel only show something that is profitable, but not with the losses they experience. It is things like these that we always see that fuel our greed to do the same with them.
It's true that this can't be blamed on anyone, because such a plot is something we come across quite often. We need to suppress it more in our own way, for example by suppressing our greed that arises because we see the benefits that other people get with their investment.

.
DuelbitsSPORTS
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palle11
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November 05, 2022, 04:05:02 PM
 #69


But the problem is that I am fed up to greediness that I want more profit, but instead it goes the other way around and I’ve lost a lot of money. I think out of 10 crappy meme coins, only 2 of them that I have profited but not much to cover my losses.

As always this is the bane to the growth of traders waiting and waiting for more profit even when it is time to exit. Every trader has this attitude sometimes. Moving away from it is such a difficult thing to do, it takes more determination to do. Not being greedy is what experience can do, it is difficult for a new trader and that can be the reason for account loss.
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November 05, 2022, 09:32:15 PM
 #70

What is your exorbitant lesson investing in crypto last bull market (2021-2022)? I will like to share mine...

1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.

3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.

1. Not everyone do end up on the same result, it is really just depending on how you do able to get out when you are in profits.
2. Dont listen on everyones advice or tips because they are just also speculating on what are the possibilities that might happen ahead.
3. 100k is realistic but this is something  that cant really be achieved in a short period of time.
We do consider several factors which would push up the price more higher but it wont really be that simple yet lots of considerations and factors
determine out this kind of possibility.

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November 05, 2022, 11:24:30 PM
 #71


1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.
You know, even I am very impressed with some people who get very high profits from trading memes coins. Of course, they are people who have been experts here, by utilizing the most important and appropriate moments to buy and sell the coins. But for common people or who are not used to it, don't be careless. Because we can just lose our money very easily. In the end, we will lose because of our ignorance and inability. This is more like gambling.

1. Not everyone do end up on the same result, it is really just depending on how you do able to get out when you are in profits.

This is it, this is the fact and the matter. NOt everyone will end up getting profits, many people are also lost because of the action. Here, we cannot say that we need to follow what they do. because the risk is too high and we may not be able to hold it, except we are really used to doing it seriously and we are good on it.
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November 06, 2022, 05:28:21 AM
 #72

Regarding the first point, yes, there are many who risked buying meme coins in small amounts and profited a lot, but many also risked large sums of money as a result of greed and lost their money and their wallets were filled with worthless coins. These lessons are really expensive, but you can make them of great value if you learn from your mistakes and avoid falling into These mistakes again in the future, no one learns for free and the best lessons are lessons that cost a lot of money, so make your loss your biggest teacher.

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November 07, 2022, 07:50:46 PM
 #73

Regarding the first point, yes, there are many who risked buying meme coins in small amounts and profited a lot, but many also risked large sums of money as a result of greed and lost their money and their wallets were filled with worthless coins. These lessons are really expensive, but you can make them of great value if you learn from your mistakes and avoid falling into These mistakes again in the future, no one learns for free and the best lessons are lessons that cost a lot of money, so make your loss your biggest teacher.
It is true, however it is also important to do our best to try to learn things without having to pay a heavy price for it, since there are prices that are so high that a single mistake can be more than enough to change your life, and it turns out that trading and investing are full of expensive lessons like that, it is because of this that when you begin your journey as a trader it is better to start slow and only invest in bitcoin, and then after a few years have passed and you know way more about this market you can invest in altcoins if you want.

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November 08, 2022, 06:25:39 PM
 #74

You know, even I am very impressed with some people who get very high profits from trading memes coins. Of course, they are people who have been experts here, by utilizing the most important and appropriate moments to buy and sell the coins. But for common people or who are not used to it, don't be careless. Because we can just lose our money very easily. In the end, we will lose because of our ignorance and inability. This is more like gambling.

This is because those who were able to increase their deposit by investing $100 and getting a thousand, write about it regularly. But there are a lot more of those who bought a meme coin at high and sold it at the lowest price. So the risks associated with buying meme coins are very high.

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November 08, 2022, 08:59:57 PM
 #75

You know, even I am very impressed with some people who get very high profits from trading memes coins. Of course, they are people who have been experts here, by utilizing the most important and appropriate moments to buy and sell the coins. But for common people or who are not used to it, don't be careless. Because we can just lose our money very easily. In the end, we will lose because of our ignorance and inability. This is more like gambling.

This is because those who were able to increase their deposit by investing $100 and getting a thousand, write about it regularly. But there are a lot more of those who bought a meme coin at high and sold it at the lowest price. So the risks associated with buying meme coins are very high.
When you do consider on buying out;

1.Memecoins
2.Low caps
3.Hype driven coins

Then expect that you are dealing something which is really risky rather than on sticking into those established or high-ranking coins in the market.
When you co consider out on buying then make sure that you are fully aware of the risk involved which is really high.
Make yourself learn on what you had experienced back in the past.

R


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November 15, 2022, 06:29:04 PM
 #76

You know, even I am very impressed with some people who get very high profits from trading memes coins. Of course, they are people who have been experts here, by utilizing the most important and appropriate moments to buy and sell the coins. But for common people or who are not used to it, don't be careless. Because we can just lose our money very easily. In the end, we will lose because of our ignorance and inability. This is more like gambling.

This is because those who were able to increase their deposit by investing $100 and getting a thousand, write about it regularly. But there are a lot more of those who bought a meme coin at high and sold it at the lowest price. So the risks associated with buying meme coins are very high.
This is very common in almost all aspects of our lives, and one clear example of this is social media, if you take a look at what people post you will see that most of it is positive stuff that happened to them, if someone ignorant about human nature saw that they may infer that the vast majority of the population is incredibly happy with their lives, but that is not true, people do not post the hurtful things that happen in their life as they do not want anyone to find out about it, and something similar happens with the investments people make in shitcoins, in which a success is highly publicized while a failure is hidden from the public eye.

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November 15, 2022, 10:41:57 PM
 #77


1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.
Yes it is true, that many people that follow YouTube to invest in cryptocurrency 99% always end up in nothing because many projects have paid for those  videos producers to convince people that the project is a promising one and is going to 10x just get intentions of people,and the project team will now be also investing to pump to token so it can attract people more but last last they will remove their huge investment with profit and dump the token.


3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.

I don't think $100k per Bitcoin is a brainwash, but it just a time that have not reach, but I believe that the time is coming that Bitcoin price will hit $100k.the only advice that I can give about Bitcoin is hold for long periods of time and be patient enough, and with this you definitely make the profit out it.

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November 18, 2022, 04:40:11 PM
 #78

This is because those who were able to increase their deposit by investing $100 and getting a thousand, write about it regularly. But there are a lot more of those who bought a meme coin at high and sold it at the lowest price. So the risks associated with buying meme coins are very high.
The decision of buying a memecoin is the trader's and they have to face the consequences of that, even though it is possible that a memecoin may become hugely hyped in future it is common to see such coins eventually go down and become close to nothing with developers having abandoned it gradually but completely.

Bitcoin is much easier to get into and even though its single unit can be divided into satoshis, people want to go for the altcoins which are recently launched and have been running on media hype. Once the hype slows down the coin crashes and then sob stories start coming up everywhere.

R


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November 18, 2022, 07:30:43 PM
 #79

The decision of buying a memecoin is the trader's and they have to face the consequences of that, even though it is possible that a memecoin may become hugely hyped in future it is common to see such coins eventually go down and become close to nothing with developers having abandoned it gradually but completely.
As long as they can accept the consequences of future losses, then I don't think we have the right to call them stupid. We can't even blame what other people like as long as it's good for him, that includes the choice of coin for his long-term investment. The point is they have to be able to afford to lose and they have considered it carefully.

Bitcoin is much easier to get into and even though its single unit can be divided into satoshis, people want to go for the altcoins which are recently launched and have been running on media hype. Once the hype slows down the coin crashes and then sob stories start coming up everywhere.
We all know why bitcoin is better, they also know why bitcoin is better. But regarding investment, we have our own choices because no one knows the future of these assets including bitcoin. Altcoins and bitcoins are just investment options, everyone is free to choose whatever they want.

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November 19, 2022, 09:36:29 AM
 #80

...Bitcoin is much easier to get into and even though its single unit can be divided into satoshis, people want to go for the altcoins which are recently launched and have been running on media hype. ..

Such a choice of coins by a beginner is understandable to me, since he does not have a large deposit, trying to increase his balance in this way several times in a short period of time. It's like in a casino, the risks of losing your money are very high, but there is still a small chance of getting a good profit.

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..BUY/ SELL CRYPTO..
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