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Author Topic: Things to remember for the year 2023  (Read 261 times)
tech30338 (OP)
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December 30, 2022, 03:02:40 PM
Merited by royalfestus (1)
 #1

What are the things to remember and should not do in the coming year 2023?
  • Avoid clicking unknown emails advertising coin and rewards
  • Don't invest in shitcoins with false hope
  • if you are not good in trading always trade with caution
  • Study coins your about to get, to avoid disappointment
  • Learn from past mistakes
  • Follow someone who have experience and has best result, but also look at those who make mistakes because we can learn a lot from them
feel free to add your suggestions to help our new members who are still newbies in crypto

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December 30, 2022, 05:02:55 PM
 #2

feel free to add your suggestions to help our new members who are still newbies in crypto

The only advise I can think of right now is that exchanges should be treated as "an exchange" not "a wallet". So as not to make the mistake that alot of centralized exchange user made in 2022 that made them loss a lot of the money.
Remember: Not your key, Not your coin

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December 30, 2022, 05:30:50 PM
 #3

feel free to add your suggestions to help our new members who are still newbies in crypto

- Never put all your eggs in one basket.

Whether a token/coin you are trading is new or old, always diversify your portfolio. Anything could happen at anytime in crypto, and it has been proved a couple of times this year with Terra collapsing first, and then FTX hitting a tragic end. So, always trade with only a fraction of your capital, no matter what you are trading.

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December 30, 2022, 07:12:22 PM
 #4

Strong hands guys. Who the hell knows how long will this bitcoin winter last. That's one thing to remember for 2023.  Smiley

More:
  • Do some DCA, if you have some good stash left. It's better to save in bitcoin in the end.
  • Don't try to make profit with trading and / or anything else related to cryptocurrencies. You're most likely going to lose.
  • Visit your relatives and friends. We don't have pandemic anymore.
  • Be better at your job.

Happy holidays.

.
.HUGE.
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December 30, 2022, 07:37:02 PM
 #5

feel free to add your suggestions to help our new members who are still newbies in crypto
Because of the risk involved, you should learn more before investing in cryptocurrency.

Furthermore, keep in mind all the damage Altcoins have caused the Bitcoin market this year, so avoid keeping your coin in exchange and trust no exchange, and always keep your coin in your personal wallet.

.
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December 30, 2022, 07:56:19 PM
 #6

I will also put it in this way that we should all think about all the good and numerous achievements we've got throughout the year and archive them to always be in our remembrance and learn to forget every ugly mistakes that has cost us in the past in other to forge ahead, it may be the mistakes in handling our keys, the type of wallet used, investing on shitcoins or projects, wrong speculation, misuse of buying opportunity, wrong trading pattern and so on, we must ensure that those calamity does not befall us the second time in this coming year 2023.



.
.BIG WINNER!.
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December 30, 2022, 09:05:50 PM
 #7

Don't be too hyperactive filling up forms for airdrops and free stuff. The biggest tendency that you may be compromised will start through this activity.
You'll be surprised that you've been receiving unsolicited and spam emails is due to your signing on those online forms of free money/airdrops.
And the chain goes on, so going from the root, avoid doing this if you want to at least lessen those spam and potential hacking links from your email.

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December 30, 2022, 09:15:08 PM
 #8

Sounds like good advice to follow in 2023 and beyond! Here are a few more suggestions for things to remember and avoid:

- Always keep your crypto assets secure. The best way is to keep them in a hardware wallet or an offline wallet. Never leave your crypto on an exchange.
- Don't fall for phishing attacks or scams on social media or email.
- Be careful with what information you share online. While it might seem harmless now, it could come back to haunt you later.
- Always do your own research before investing in anything new or unfamiliar.
- Don't be greedy.
- Don't fall for pump and dumps. You should never invest in something that promises a quick return on your investment.

Wishing you all a happy and successful crypto journey in 2023!



R


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December 30, 2022, 09:23:19 PM
 #9


  • Follow someone who have experience and has best result, but also look at those who make mistakes because we can learn a lot from them


  • Do not follow anyone sheepishly because they are successful or experienced in the cryptocurrencyindustry. Learn from them and try and do your own research  and be responsible for your successes or failures
  • It is fine to remove your mind from bull run in 2023 as it could be worse than 2022. So next year is still an accumulation year.

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..BUY/ SELL CRYPTO..
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December 30, 2022, 09:50:00 PM
 #10

This year many things occured in the crypto that must be a great lesson and good experience for all investors and trader. The bear market became so obvious this year. Many people thought it will be something that will last for few month but the prediction was not certain. The market this year should teach us not not to predict the market and think the market will just be the way it has been predict,  some people bought bitcoin  thinking the bull market will come in a short time. Before buying Bitcoin we should be ready to hodl bitcoin till the market becomes profitable and not to be in a haste to make profit. Have the mindset that the Market is unpredictable,  the bull Market might not come the way we predict it in our own understanding.

R


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December 30, 2022, 10:32:18 PM
 #11

Fun fact.  If you check the history of Bitcoin, 2023 should be a really bad year.  2013 was great.  2014, 2015, 2016 were not really.  2017 was great.  2018, 2019, 2020 not really.  2021 was great.  2022 was not.  2023 and 2024 should theoretically be bad years too.

Not saying this WILL happen.  Just thought it was a fun thing to think about.

-
Regards,
PrivacyG

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December 31, 2022, 03:37:46 AM
 #12

This year has been a very eventful one for me in the bitcoin space. One of my greatest achievements this year is joining bitcointalk because this forum has changed my life educationally, emotionally, and economically. Among others, I have learned the following:

1. Beware of fear, uncertainty, and doubt (FUD) because they can lead to irrational decisions

2. Exchanges can never be trusted and you don't own the funds you keep with them

3. Hodl as much as you can because there is light at the end of the tunnel

4. Keep promoting bitcoin and P2P transactions in your area.


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December 31, 2022, 06:11:03 AM
 #13

What are the things to remember and should not do in the coming year 2023?
  • Avoid clicking unknown emails advertising coin and rewards
  • Don't invest in shitcoins with false hope
  • if you are not good in trading always trade with caution
  • Study coins your about to get, to avoid disappointment
  • Learn from past mistakes
  • Follow someone who have experience and has best result, but also look at those who make mistakes because we can learn a lot from them
feel free to add your suggestions to help our new members who are still newbies in crypto

From the several points that you have stated, they are actually very good and also complete, so there is no more addition from me except just about not panicking too much and believing in news whose truth is still very doubtful. Hopefully in 2023 more positive things can happen in the crypto space which can make the market better

Congratulations on a better new year and hope for more surprises to come in the next year considering all the points you suggested, because I think these points are indeed worth considering from tomorrow onwards as long as we are still in the crypto space.

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December 31, 2022, 06:12:41 AM
 #14

- Never put all your eggs in one basket.

Whether a token/coin you are trading is new or old, always diversify your portfolio. Anything could happen at anytime in crypto, and it has been proved a couple of times this year with Terra collapsing first, and then FTX hitting a tragic end. So, always trade with only a fraction of your capital, no matter what you are trading.
Actually it's really a good idiom for investment advice, but you're explain it in a terrible way.

If you think diversified coins will prevent from huge losses, then you're wrong because most of coins are following Bitcoin price, which mean if you hold ETH, BNB, XRP, etc etc it will either be same like BTC movement or worse than BTC.

If you're want to invest in crypto, just choose Bitcoin and avoid the rest. If you want to diversify your portfolio, you can choose other assets e.g. gold, real estate, stock etc.

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December 31, 2022, 08:13:49 AM
 #15

What are the things to remember and should not do in the coming year 2023?
  • Avoid clicking unknown emails advertising coin and rewards
  • Don't invest in shitcoins with false hope
  • if you are not good in trading always trade with caution
  • Study coins your about to get, to avoid disappointment
  • Learn from past mistakes
  • Follow someone who have experience and has best result, but also look at those who make mistakes because we can learn a lot from them
feel free to add your suggestions to help our new members who are still newbies in crypto
Trading needs caution even if you are a professional trader, now that the market in bearish its more harder to trade, for my I will start away from trading right now until good trend returns to crypto market.

Altcoins can still dip 50% more before things start balancing out, this has been altcoins way since 2018, if you want altcoins make sure you choose the best and gamble with few low-cap gems, the future is too uncertain.

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December 31, 2022, 11:04:53 AM
 #16

Another opportunity for us to make resolutions for the new year. I already know everything on the list. However, the only thing I need to focus on changing next year is not to be tempted by bitcoin-alternative coins. I'm not completely avoiding investing in altcoins, but I should set some limitations. Perhaps under $1,000 per enticing altcoin. I suppose that being a casino gambler influenced my willingness to take risks with altcoins.   

MEGA

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Alone055
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December 31, 2022, 11:40:50 AM
 #17

- Never put all your eggs in one basket.

Whether a token/coin you are trading is new or old, always diversify your portfolio. Anything could happen at anytime in crypto, and it has been proved a couple of times this year with Terra collapsing first, and then FTX hitting a tragic end. So, always trade with only a fraction of your capital, no matter what you are trading.
Actually it's really a good idiom for investment advice, but you're explain it in a terrible way.

If you think diversified coins will prevent from huge losses, then you're wrong because most of coins are following Bitcoin price, which mean if you hold ETH, BNB, XRP, etc etc it will either be same like BTC movement or worse than BTC.

If you're want to invest in crypto, just choose Bitcoin and avoid the rest. If you want to diversify your portfolio, you can choose other assets e.g. gold, real estate, stock etc.

Volatility, whether with Bitcoin or apart from it, is not a problem at all as it is a part of trading and there is no gain if there is no volatility. The real problem is when a coin reaches a dead-end and almost never gets back to the position where it once was (I gave a couple of examples above). So basically, my advice was not to put all your capital in one coin/token so that even if one of those you're invested in ends badly, you will still not lose all your capital. Bitcoin as we all know is the king of cryptocurrencies, so there is no doubt that it is the first and foremost option if you are getting into crypto, but there is a whole different world apart from it which is also worth trying.

Lucius
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December 31, 2022, 11:43:33 AM
 #18

  • Avoid clicking unknown emails advertising coin and rewards

This does not only apply to links in e-mails, but also to any suspicious link shared via social networks, whether it is a link posted publicly or sent to you privately. In addition, e-mail for private, business, and entertainment should be separate and each protected with a unique and strong password.

  • Don't invest in shitcoins with false hope

Even better, why not invest in such things at all, because we all know that 99% of such projects have no purpose or meaning. By investing in them, we only fill the pockets of their owners, who will dump their coins at the first opportunity and start over with some new project.

feel free to add your suggestions to help our new members who are still newbies in crypto

Cryptocurrencies are not magical internet money that will make you rich overnight, and everything you hear and see from various "experts" and influencers is nothing more than a smoke screen that tries to keep you away from the real truth. 95% of those who trade with cryptocurrencies end up losing money, 99% of all crypto projects are scams, and if someone doesn't understand after this, then they are really in big trouble.

.
.BLACKJACK ♠ FUN.
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CRYPTO CASINO &
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Zilon
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December 31, 2022, 02:12:35 PM
 #19


feel free to add your suggestions to help our new members who are still newbies in crypto
  • Never buy at a high price
  • know when to stay away from trading
  • Having a working plan for both portfolio and trading
  • Never invest in a project because someone recommended them remember to do your own research
2023 will be another year in the Crypto world and a year to be smarter and wiser with investment. If as a newbie investment still look strange stick to Bitcoin until enough knowledge is gathered to face the risk in the market
boyptc
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December 31, 2022, 02:20:10 PM
 #20

Learn from past mistakes
Like from those hypes that has been made in the market that had made a lot of folks turn into FOMO.

That's not really a good feeling when you're on this aggressive market. You react just like the crowd, only a less chance that you'll be profiting unless you really are good at it.

The more chance that you'll lose is there and that can't be denied. One more thing, after learning, apply the lessons that you've learned.



.
.BIG WINNER!.
[15.00000000 BTC]


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