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Author Topic: Don't have high expectations in the crypto world.  (Read 445 times)
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February 19, 2023, 03:31:26 PM
 #61

Do you think high expectations are good for crypto beginners?

beginners who have high expectations in the crypto market are not wrong. it means they have an extraordinary interest and affinity for crypto. like that, someone who is new to crypto will start making plans gradually regarding investing or trading.
Everyone certainly has expectations in life. but of course, they also have to be aware of some risks that must be faced. Most importantly, when we are aware of the risk and we consciously take it, even though it will fail in the first step, it will not be a barrier for beginners to develop their potential.
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February 19, 2023, 04:20:30 PM
 #62

beginners who have high expectations in the crypto market are not wrong. it means they have an extraordinary interest and affinity for crypto. like that, someone who is new to crypto will start making plans gradually regarding investing or trading.
Everyone certainly has expectations in life. but of course, they also have to be aware of some risks that must be faced. Most importantly, when we are aware of the risk and we consciously take it, even though it will fail in the first step, it will not be a barrier for beginners to develop their potential.
I don't mind high expectations in the crypto space as long as they are reasonable. But of course, duck can never be a car if one doesn't know how it works. I mean, $100 may never buy a car, but if they manage their budget well then there must be hope that in a few years they can buy a car. But either way, some one shouldn't expect to get rich overnight on crypto.

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February 19, 2023, 05:16:35 PM
 #63

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?

While all you have said are true still I won't discourage anyone from having high expectations in the industry because they're all possible but what I'll advise against are for those expectations to be long term goals and not short term. Have the big dreams but do understand that those things take time. Don't come into the market with the hopes of making $100k from just $100 investment in a period of 1-2years, sure people have done it in the past but they were very lucky and didn't even know it'll work.

When people want to make quick money in the shortest time possible, these are the reasons we have so many unnecessary coins flooding the market,  polluting it and causing investors to loose trust in the industry. If you plan yourself well without having to chase after every new trend or shit coins been launched, you can still achieve your goals of financial freedom, just have a longer timeframe.

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February 19, 2023, 05:59:50 PM
 #64

While all you have said are true still I won't discourage anyone from having high expectations in the industry because they're all possible but what I'll advise against are for those expectations to be long term goals and not short term. Have the big dreams but do understand that those things take time. Don't come into the market with the hopes of making $100k from just $100 investment in a period of 1-2years, sure people have done it in the past but they were very lucky and didn't even know it'll work.
I guess the majority of newbie in crypto expect huge returns for their small investment. Obviously that's impossible even though in the past it was possible. Early bitcoin investors get huge returns more 10 years [2009 - 2021], if they can actually survive the market fluctuations during that time. Likewise with altcoin, they need time to get return - of course being patient is important.

I believe there is a return on investment, but its size depends only on the investment assets in the portfolio and the amount of the investment budget. They must be patient, and they will be get worth it returns.

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February 19, 2023, 06:38:39 PM
 #65

high hopes after going through an in-depth analysis process then it will be very good. However, high expectations without first being equipped with qualified analysis and knowledge will indeed not be good. But to be honest I also have very high hopes in crypto. but especially in bitcoin. But even though I have quite high expectations, that doesn't mean I have to spend more money. but I still control myself by only using the money that is ready to be risked in this high-risk investment. because I realize that crypto volatility is very high, different from stocks and property. But to go to a more advanced step sometimes we have to dare to take risks. but of course with caution.
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February 19, 2023, 07:35:43 PM
 #66

high hopes after going through an in-depth analysis process then it will be very good. However, high expectations without first being equipped with qualified analysis and knowledge will indeed not be good. But to be honest I also have very high hopes in crypto. but especially in bitcoin. But even though I have quite high expectations, that doesn't mean I have to spend more money. but I still control myself by only using the money that is ready to be risked in this high-risk investment. because I realize that crypto volatility is very high, different from stocks and property. But to go to a more advanced step sometimes we have to dare to take risks. but of course with caution.

Taking risks must also be done in a smart way. do not be too careless with the investment that will do. Many of them failed because they were too brave to take risks and had high hopes without being equipped with sufficient knowledge. They only hope that without having management, put in enough money without research first. Volatility can be very dangerous if you don't know what to do.
High expectations must also be balanced with sufficient knowledge, as well as carrying out capital management and risk management, it will help us to achieve these expectations.
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February 19, 2023, 09:19:13 PM
 #67

Do you think high expectations are good for crypto beginners?
Although there may be many members that don't agree with this, for me, I do really agree with this. The too high expectation in crypto is not good not only for beginners but also for everyone in this crypto business. I have had several bad experiences with having a too high expectations. But the result really was not what I thought and expect, too far away and the expectation never comes true. This is what I feel so far. that is why after several bad experiences about those, I suggest myself that never expect too much in crypto. If I have good profits, I will take it as a bonus. but I will not expect too much, only set certain targets that are really affordable to reach and realized as possible.

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February 19, 2023, 09:33:39 PM
 #68

Do you think high expectations are good for crypto beginners?
Although there may be many members that don't agree with this, for me, I do really agree with this. The too high expectation in crypto is not good not only for beginners but also for everyone in this crypto business. I have had several bad experiences with having a too high expectations. But the result really was not what I thought and expect, too far away and the expectation never comes true. This is what I feel so far. that is why after several bad experiences about those, I suggest myself that never expect too much in crypto. If I have good profits, I will take it as a bonus. but I will not expect too much, only set certain targets that are really affordable to reach and realized as possible.
When you expect be it high or low you will be disappointed or you are prone to being disappointed. So even if you have to expect as a human it doesn't need to be high. When your high expectations fail it can lead to depression and it may lead to taking extra other risk which might not be necessary at all.
In all you do be moderate and don't expect much so that you won't be badly disappointed if your expectations are not met.

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February 19, 2023, 09:42:27 PM
 #69

beginners who have high expectations in the crypto market are not wrong. it means they have an extraordinary interest and affinity for crypto. like that, someone who is new to crypto will start making plans gradually regarding investing or trading.
Everyone certainly has expectations in life. but of course, they also have to be aware of some risks that must be faced. Most importantly, when we are aware of the risk and we consciously take it, even though it will fail in the first step, it will not be a barrier for beginners to develop their potential.
I agree that having high expectations is okay as long as it is realistic. It may be like a spirit to learn crypto seriously. Without expectation, beginners may learn crypto without big motivation. However, it is true that beginners must realize the obstacles and potential risks, too. So, they don't think that it will be easy to achieve the expectation. There are some beginners who expect to gain big money instantly, it is surely the wrong expectation. Before thinking of gaining big money, beginners must focus on learning first.


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February 19, 2023, 10:56:10 PM
 #70

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.
for crypto beginners?
In cryptocurrency investment, it's something that have to do with both advantages and disadvantages, so therefore i believe that Bitcoin have do with many things, and before you can as well become propagate in Bitcoin investment, either trading, short term investment neither Long term investment, you most have known the foundation or the rudiments of Bitcoin, let me be plan or district to you op, what gives profit in Bitcoin investment, is ability of the investors to microscope the market chart before investment and after investment. So if investor can interpret a Bitcoin chart, theirs every tendency that they will be a sustainable profit towards your investment.

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February 19, 2023, 11:12:08 PM
Last edit: February 19, 2023, 11:30:05 PM by Coyster
 #71

The average crypto enthusiast wants to get rich quick via crypto, it is now somewhat of the mindset of the majority; in another thread some days ago, i found out that an average South Korean youth who is into crypto is basically in it to get a good life, and prolly escape poverty that is an obvious issue for him and his mates. With that kind of mindset you begin to wonder the possibility of these kind of people not making a costly mistake in the long run, because get rich quick investors usually skip some valuable lessons in the network.

Having said that, i have absolutely zero problems with a person being ambitious, but sometimes it is best to know what can actually come to fruition, and what cannot, i mean, it definitely helps one to control the risks they take, and to be able to handle disappointments when they come (because they definitely will).

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February 19, 2023, 11:13:38 PM
 #72

Sometimes, some of them see the cryptocurrency world as an easy way or business to get profits or get rich quickly.

Do you think high expectations are good for crypto beginners?
For most, yeah. Else, what's the purpose of venturing into the crypto industry or any industry at that. It's always about the profit and cryptocurrency which was supposed to serve as an alternative to fiat payments is now serving more as an asset and everyone holding has lost focus on it serving for an asset, at lesst for now.

So, not seeing it for the profit you ca get is a hard thing go do but, seeing it to be anything easy is where users would be making a hell of mistakes. If it were easy, then everyone would have won but, because of its difficulties, we've got people having there take to run off in loses. This doesn't mean therr atrnt others who are seeing themselves to some profit.
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February 20, 2023, 10:23:51 PM
 #73

When you lower your expectations, you avoid harm. Humans only experience pain when their expectations are not met.

Having a high expectations in crypto is so wrong in the sense that you can't foresee the next line of action of what crypto will be tomorrow. Those who are new to cryptocurrency tend to have high expectations because they were taught that it will yield enormous returns on their investments.

Even when I was a newbie, I've been guilty of having unrealistic expectations in the field of cryptocurrency. I can relate to how it feels when a cryptocurrency investment doesn't turn out as planned. The encounter is disastrous.

The way we explain to newcomers that cryptocurrency is not a get-rich scheme, in my opinion, is the only way to manage their excessive expectations.


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February 20, 2023, 10:46:27 PM
 #74

There isn't a business that runs without profits and loss... Infact, that's why it's called TRADING. These two are the major criterion to that ensures proper function.
I don't even think that the fact that anyone shouldn't rush into any business appears to guarantees the reduction in the losses that should be experienced, as long as you're a beginner in it -- I only thing it'll CURB THE SITUATION.
Same thing with the HODLing processes; you'll lose major at first, that's if you haven't had proper orientation as to how things works... I'm afraid you'll keep losing even when you know exactly what you're doing; in HODLing, it doesn't require your opinion to know you you'd wanna loss or not...as long as you're still HODLing funds between the DIP, you'll lose too. At the same time, pay day awaits you with huge profits.

Sandra 🧑‍🦰

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February 22, 2023, 03:09:59 AM
Merited by fillippone (1)
 #75

Do you think high expectations are good for crypto beginners?
could be very good could also be very bad.
because everything must also always have good motivation, good intentions, and good understanding.
if someone is investing in crypto for the purpose of getting rich quick, it really doesn't matter.
but the problem behind that big intention, is being able to not bear all the risks.
because it seems that the existing beginners have high dreams, but can't afford to take risks, that's the problem.
regarding the initial intention of wanting to get rich quick is not a problem, but what must be justified is the journey to that success.

R


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