Don't have high expectations in the crypto world.

[akuntester1]

I see a lot from the perspective of some beginners like me who are new to cryptocurrency.
Sometimes, some of them see the cryptocurrency world as an easy way or business to get profits or get rich quickly.
Many of them have this kind of perspective because they see other people's success from crypto.
What they don't even know is how difficult the person's struggle was before being successful and making a profit in the crypto world.
Not only success but in fact many negative cases have occurred in the crypto world.
Sometimes beginners don't realize they have entered a "landmine area".
One wrong step means they will enter into negative news from the impact of cryptocurrency risks.

From that, I try to keep reminding myself and for beginners like me.
Not to have too high expectations in the cryptocurrency world.
Cryptocurrency is a high-risk and very volatile thing.
In my opinion, it is not suitable for us if we only have too high expectations.
 
If you want to be successful in crypto or whatever we do or try, let's not have too high expectations first.
But try as hard as possible to learn what opportunities we can take advantage of.
It's the same with being in this crypto world.
Don't have too high expectations of getting rich quick in cryptocurrency.
However, focus more on increasing knowledge and views on ways of thinking to find where we can take the opportunity to benefit from this cryptocurrency world.

Learn and increase as much knowledge as possible from various existing sources.
Then we have to know and determine how we can take advantage of this cryptocurrency world in order to get maximum profit.
We must determine according to our current conditions and capabilities.
Set your limits and don't be greedy so you won't be too disappointed when you don't succeed or experience losses in the crypto world.

Do you think high expectations are good for crypto beginners?

[1714545658]

1714545658

[Stalker22]

Yeah, sure thing! Some people have made a ton of money with crypto, no doubt about it. But it is also important to remember that crypto can be a wild ride, with prices going up and down in a heartbeat. So if you are a beginner, getting your hopes up too high from the start could be a bad move. My advice is to do your homework and learn as much as you can about the risks and rewards before you invest. And don't treat crypto as a quick way to get rich - it is more of a long-term game. But remember, everything has its risks. No risk, no reward!

[Cantsay]

Do you think high expectations are good for crypto beginners?

You have said it all in you post. Having high expectations can lead to so many unfortunate things, like you said some people actually got into crypto because of the success of others and without even trying to find out what they went through to get to where they're right now, the sacrifices they made, the pain and hardship they endured during their journey. No, they just jump into it thinking that they'll also be as successful as that person and when things doesn't goes as planned they start having cold feet about if they should continue or not. If you don't want my unnecessary pressure then you shouldn't have high expectations in crypto.

[Oceat]

I would say it depends but the condition of the market, having a high expectations will hurt you since it's very volatile. I wouldn't expect too much on my asset but if you are determined to make a huge profit in the future. Make sure you don't doubt and never regret on when you are selling your asset then reinvest after that. So, basically, all you need is a good plan whether it's plan A to Z in case the other plans doesn't work. That's all you need, determination!

[martyns]

Yeah, sure thing! Some people have made a ton of money with crypto, no doubt about it. But it is also important to remember that crypto can be a wild ride, with prices going up and down in a heartbeat. So if you are a beginner, getting your hopes up too high from the start could be a bad move. My advice is to do your homework and learn as much as you can about the risks and rewards before you invest. And don't treat crypto as a quick way to get rich - it is more of a long-term game. But remember, everything has its risks. No risk, no reward!

Lol,everybody has expectation,and I used to think that expectation is what brings motivation,if you aren't expecting anything,you won't be motivated to do nothing.When one is expecting something,he works extra miles to achieve his set target,but it seems it's different in crypto,because your high expectations here can lead to heartbreak,and emotional trauma which is unhealthy.That is why it is adviceable to take it step by step,one at a time.
Putting all your money in investmests because you are expecting to be rich in less than no time might just end you in loss.That is why it is good to strategies,read the market,and calculate well before making any big move.

[drwhobox]

Yeah, sure thing! Some people have made a ton of money with crypto, no doubt about it. But it is also important to remember that crypto can be a wild ride, with prices going up and down in a heartbeat. So if you are a beginner, getting your hopes up too high from the start could be a bad move. My advice is to do your homework and learn as much as you can about the risks and rewards before you invest. And don't treat crypto as a quick way to get rich - it is more of a long-term game. But remember, everything has its risks. No risk, no reward!

Not everyone can make tons of money from crypto, many lost their savings and are under big loans by investing in crypto. It depends on the action you have taken towards cryptocurrency or bitcoin. You need to be wise and gain knowledge about bitcoin or cryptocurrency to succeed in crypto space.

[palle11]

I think there is nothing wrong with having a high expectation. Like I hear multinational speakers saying it is better for you to plan and aim higher so that when you don't get the high target then you can still settle for some below and better. It is a target to work towards and it keeps the person who want to achieve it not to be lazy but to fight harder with the picture of the target on his face.

[Ultegra134]

You'll be disappointed if you have absurdly high expectations, and this doesn't solely apply to cryptocurrencies but to life in general. Be realistic, and everything will turn out fine. The issue with cryptocurrencies is that media coverage made them look like a get-rich-quick scheme after portraying some early success stories. The truth is that there are people, even in this forum, who have made or are still making huge money through cryptocurrencies. However, chances are that the majority of us won't manage something like that, and this is where expectations fall through, which is why we need to be as realistic as possible to avoid feeling that disappointment.

[capedbaldy]

I think there is nothing wrong with having a high expectation. Like I hear multinational speakers saying it is better for you to plan and aim higher so that when you don't get the high target then you can still settle for some below and better. It is a target to work towards and it keeps the person who want to achieve it not to be lazy but to fight harder with the picture of the target on his face.

We may have high hopes but don't expect too much because if you can't reach the expectations you will be disappointed, but with regard to btc investing then high expectations are not too bad, the history of bitcoin has reached a price above speculation and we hope that the next ath will be higher, hope all crypto community can reach $100k price.

[qwertyup23]

Do you think high expectations are good for crypto beginners?

You have said it all in you post. Having high expectations can lead to so many unfortunate things, like you said some people actually got into crypto because of the success of others and without even trying to find out what they went through to get to where they're right now, the sacrifices they made, the pain and hardship they endured during their journey. No, they just jump into it thinking that they'll also be as successful as that person and when things doesn't goes as planned they start having cold feet about if they should continue or not. If you don't want my unnecessary pressure then you shouldn't have high expectations in crypto.

Having high expectations is nothing but normal especially for a newbie. This will definitely give him/her the motivation that they need in order to start their processes and learnings in the cryptocurrency world. But having high expectations can also backfire especially if that person becomes overconfident and arrogant to begin with.

Channel this burning passion and rage in learning the fundamentals in the cryptocurrency world. If investing into this platform were that easy, then everybody would have been millionaires by now. Again, having high expectations is not necessarily bad but you have to place such expectations in the right place in order to take advantage of such motivation.

[jeraldskie11]

Do you think high expectations are good for crypto beginners?

When I was new to crypto, I have a high expectations with it. I think life would be easy with crypto where I invested so much time and money with it. And I think that's what the mindset of every beginners who wants to enter crypto world.

And now, I learned so much that we have to really invest in knowledge such as reading books. Why? Because in the world of crypto, strong mind wins. Negative emotions can lead us to weak decisions and experienced traders may still fighting this.

[Sarah Azhari]

Do you think high expectations are good for crypto beginners?

No, you don't have to expect too much in the crypto world, especially if you beginner. You know, if we talk about crypto, beginners only know how to get profit, and how to trade it on exchange. The beginner thinks Cryptocurrency is the goods, so that if have a chance, they bought it and sell it when having the moment.

crypto is broad with many aspects that should have thinking besides the profit, which will change if they focus only on 1 kind, such as bitcoin.

[babygun]

You'll be disappointed if you have absurdly high expectations, and this doesn't solely apply to cryptocurrencies but to life in general. Be realistic, and everything will turn out fine. The issue with cryptocurrencies is that media coverage made them look like a get-rich-quick scheme after portraying some early success stories. The truth is that there are people, even in this forum, who have made or are still making huge money through cryptocurrencies. However, chances are that the majority of us won't manage something like that, and this is where expectations fall through, which is why we need to be as realistic as possible to avoid feeling that disappointment.

I think a lot of people that are new to investing in crypto will think that it is easy way to get rich. Especially if the market is bullish and everything keeps rising and rising! We just always need to have a plan in mind when to buy and when to sell, but it is easier said than done.

[tech30338]

Expectation should be minimize, and the goal should be the bigger picture that we wan't, what should we have to get that is the proper tool, and research, those people who have lots of money, who don't do some research end up being broke, while those people who don't have lots of funds but , take time to do some research turns out to be richer, than them, so the key diffrence is the research and a guide from those we trust.

[lovesmayfamilis]

Apart from all the good and beautiful things about big profits, the best place to start is to understand all the holes and gullies that people can fall into on their way to investing. It would be foolish to think that all those people who are somehow connected with Bitcoin have become successful. It is strange that some do not understand this but dive into this world, not at all understanding how and when to be careful.
You always need to understand that you cannot earn all the money in the world, but in order to earn at least something, you need to know the direction from which you expect change. Education is the best choice; haste always leads to regrets, and whoever understands this gets all the prizes.

[Ultegra134]

You'll be disappointed if you have absurdly high expectations, and this doesn't solely apply to cryptocurrencies but to life in general. Be realistic, and everything will turn out fine. The issue with cryptocurrencies is that media coverage made them look like a get-rich-quick scheme after portraying some early success stories. The truth is that there are people, even in this forum, who have made or are still making huge money through cryptocurrencies. However, chances are that the majority of us won't manage something like that, and this is where expectations fall through, which is why we need to be as realistic as possible to avoid feeling that disappointment.

I think a lot of people that are new to investing in crypto will think that it is easy way to get rich. Especially if the market is bullish and everything keeps rising and rising! We just always need to have a plan in mind when to buy and when to sell, but it is easier said than done.

It's perfectly fine to believe that there's money to be made; there's a high chance that even a newbie can earn if s/he buys now and simply waits a year or two. However, we need to distinguish that becoming rich and earning some side money are two completely different things. People who became millionaires had mined or bought coins at ridiculous prices, something that is no longer feasible. Even if the value triples now, you still won't be any closer to being rich by having $10,000–$20,000 in Bitcoin. You'll earn a decent amount, for sure, but it won't make you a millionaire. This era has passed, and some newbies are yet to comprehend that it's theoretically impossible to happen again.

[Hyphen(-)]

Well said, all of the advice is very important because almost all newcomers to the crypto world have a very high expectation of making quick money from cryptocurrency, which is not the case, and some newcomers do not even care to get knowledge before starting their investment because they saw people making money from it.
Before beginning a Bitcoin investment, it is best to first gain a basic understanding of Bitcoin and how it works.

Do you think high expectations are good for crypto beginners?

Not only beginners but even people that are in the game don't have too many expectations because the Cryptocurrency market is not predictable.

Greed is the main thing that affects new investors because they don't want to take high risk and they are expecting too much profit which most times lead them to a complete loss of their total investment.

[Stalker22]

Yeah, sure thing! Some people have made a ton of money with crypto, no doubt about it. But it is also important to remember that crypto can be a wild ride, with prices going up and down in a heartbeat. So if you are a beginner, getting your hopes up too high from the start could be a bad move. My advice is to do your homework and learn as much as you can about the risks and rewards before you invest. And don't treat crypto as a quick way to get rich - it is more of a long-term game. But remember, everything has its risks. No risk, no reward!

Not everyone can make tons of money from crypto, many lost their savings and are under big loans by investing in crypto. It depends on the action you have taken towards cryptocurrency or bitcoin. You need to be wise and gain knowledge about bitcoin or cryptocurrency to succeed in crypto space.

Please read my reply again. I never said that everyone can make tons of money from crypto. Not sure why you chose to quote me.

[Ndabagi01]

This is related to the mindset you brought into the market. Having high expectations for the bitcoin market usually does not pan out, and this has hurt more people than making their dreams come true. Some people believe that if you've set a goal and are determined to achieve it, nothing should prevent you from abandoning it. If a large number of people have this mindset, more people will continue to endure market volatility and decline until their dream is realized.

[KingsDen]

Apart from the cryptocurrency industry which is relatively new, in any other sectors, having high expectations is not encouraged.  This brings high expectations in newbies. It is the kind of testimonies the newbies were told that brings the high expectations like ×100 ×200.
Maybe they were told that bitcoin will make rich and that get rich quick idea will stick to their brains and that ushers in high expectations. If there is high expectations in success, there will also be high expectations in losses. Vice versa