adzino
Copper Member
Hero Member
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Activity: 3024
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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April 29, 2023, 06:04:42 AM |
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Almost 99% of investors want to deposit today, tomorrow they will become sultans. Actually it can't be like that. It could be possible that tomorrow it will be a loss and the next day it may still be a loss.
If we have lost, we have to pivot, analyze again, find out why, where did it go wrong, what is the future. Not if the loss is already screaming scam, blaming people who give "advice", following influence etc.
What we have to understand first is that there is no investment today, tomorrow you will become a sultan. Even next year or in 10 years, you will not necessarily become a sultan. Warren Buffet alone only returns 29% per year. And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan. Warren Buffet became a sultan because of consistent profits for decades. The key is patience, discipline and consistency in making investment decisions. Warren Buffet never loses? Of course, in 2015 Warren Buffet lost $444 million in Tesco shares.
In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them. Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.
You're totally right! People need to get that they can't become rich overnight. It just doesn't work like that. I've seen so many people investing in some random shitcoins, hoping that they'll strike it rich, but they end up losing everything. Crypto currencies are all about long term investment. There is no easy money here. And like you said, we got to be prepared to lose some along the way. And if you do lose, learn from it and make sure to use what you have learned to maximize your profit in the future. If the coin promises quick money, very likely it is a scam. Just invest in the top coins but only whatever you can afford to lose.
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Dunamisx
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April 29, 2023, 10:21:14 AM |
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In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them. Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.
Maybe most time we invested in bitcoin we don't also include the calculations to the probability of making losses sometimes, this may not actually be a consistent experience but should be well considered, bitcoin is well known for it profitability which is the more reasons to why manner insisted on investing in it no matter the bear, it doesn't last for long but a while, many have confirmed this and see that it's working and pays them than not whenever they invested on bitcoin, having a profitable chances is greater than not having it at all.
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Taskford
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April 29, 2023, 10:49:07 AM |
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Almost 99% of investors want to deposit today, tomorrow they will become sultans. Actually it can't be like that. It could be possible that tomorrow it will be a loss and the next day it may still be a loss.
If we have lost, we have to pivot, analyze again, find out why, where did it go wrong, what is the future. Not if the loss is already screaming scam, blaming people who give "advice", following influence etc.
What we have to understand first is that there is no investment today, tomorrow you will become a sultan. Even next year or in 10 years, you will not necessarily become a sultan. Warren Buffet alone only returns 29% per year. And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan. Warren Buffet became a sultan because of consistent profits for decades. The key is patience, discipline and consistency in making investment decisions. Warren Buffet never loses? Of course, in 2015 Warren Buffet lost $444 million in Tesco shares.
Nothing wrong about something what you want to become or like dreaming about getting huge profit on your investment since it can give you motivation to give a try on risky investments. Although there are times that we got scam but atleast we learn a lot from it and be more careful next time when putting our money for second time or more. Although what you think is so big which is somehow impossible but atleast people try to make their life better by taking some action that they think it could possibly change their lives.
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Altryist
Legendary
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Activity: 2254
Merit: 1413
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April 29, 2023, 07:08:46 PM |
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You're totally right! People need to get that they can't become rich overnight. It just doesn't work like that. I've seen so many people investing in some random shitcoins, hoping that they'll strike it rich, but they end up losing everything. Crypto currencies are all about long term investment. There is no easy money here. And like you said, we got to be prepared to lose some along the way. And if you do lose, learn from it and make sure to use what you have learned to maximize your profit in the future. If the coin promises quick money, very likely it is a scam. Just invest in the top coins but only whatever you can afford to lose.
If I hear the phrase cryptocurrency and long-term investments, then I associate it only with bitcoin, since all my successful investments in altcoins were medium-term transactions. And almost all of my long-term experiments with altcoins ended in failure. Therefore, I believe that altcoins are quite suitable for trading and in some cases can give us very good results, but here, everything is not so simple, and before choosing altcoins for trading, you need to analyze the project and look at its prospects.
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Huppercase
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April 29, 2023, 09:56:19 PM |
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Almost 99% of investors want to deposit today, tomorrow they will become sultans. Actually it can't be like that. It could be possible that tomorrow it will be a loss and the next day it may still be a loss.
If we have lost, we have to pivot, analyze again, find out why, where did it go wrong, what is the future. Not if the loss is already screaming scam, blaming people who give "advice", following influence etc.
What we have to understand first is that there is no investment today, tomorrow you will become a sultan. Even next year or in 10 years, you will not necessarily become a sultan. Warren Buffet alone only returns 29% per year. And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan. Warren Buffet became a sultan because of consistent profits for decades. The key is patience, discipline and consistency in making investment decisions. Warren Buffet never loses? Of course, in 2015 Warren Buffet lost $444 million in Tesco shares.
In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them. Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.
It is inevitable to make money without any loss but the period they come can differ but having this mistake is what I enjoy and also learn from it. The investments that does'nt make you lose any money are ponzi schemes, you will continue to make profits everyday but the day you lose something today, you may loss everything if yoyu are not been careful about chasing profits everytime. An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.
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rozak
Sr. Member
Offline
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
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April 29, 2023, 10:06:35 PM |
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An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.
In investing there will always be gains and losses. and it becomes a valuable lesson and experience for investors. but when Investors release their assets when they lose, and they no longer have assets. then they can no longer be called investors. are there investors who are called without investment assets? failure in investment sometimes there are those who make them out. but there are also those that make them stick around and plan their return on investment better. everything is a process, no investor is always profitable without feeling a loss.
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dunfida
Legendary
Offline
Activity: 3262
Merit: 1158
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April 29, 2023, 10:25:54 PM |
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An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.
In investing there will always be gains and losses. and it becomes a valuable lesson and experience for investors. but when Investors release their assets when they lose, and they no longer have assets. then they can no longer be called investors. are there investors who are called without investment assets? failure in investment sometimes there are those who make them out. but there are also those that make them stick around and plan their return on investment better. everything is a process, no investor is always profitable without feeling a loss. For someone who do make out some claims about making money or sure profits without having any loss then it is really just that bogus or that someone is really trying to pull off some scam because there's no way that you could really make out profits without experiencing losses.Even professional or experts would really be experiencing losses but the main target in the end of the day is on to make profits which it is really the thing that what the most. When it comes to holding then it would really be that depending on how much you had invested and of course if you do know on how to play in the market then you could really be able to be aware on what are the things that you should be doing for you to go along with the waves. Volatility is something that gives out advantage and disadvantage which is something that you would be needing to ride along if you do really love on having the chance on making profits but of course confidence is something that you should need to control on.
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jossiel
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April 29, 2023, 11:48:36 PM |
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Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.
And even you've got the knowledge you want to attain or at least the basic one, don't overexpect. That's where many investors have caught wrongly. They expect that they'll get the best result and they are picturing it out based from what they think with the little knowledge they have acquired. An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.
It's already within that a real investor has learned a lot already from the mistakes that he has done.
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cydrix
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April 30, 2023, 12:50:18 PM |
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When it comes to investing, there is a widespread misconception. The fact is that investing entails risk, and that risk could lead to financial loss. We invest in order to increase our chances of financial growth, but we should always be prepared to take losses. Because of this, experts consistently suggest investing only what we can afford. We need to be clever. Although cryptocurrency offers us the chance to build wealth, we cannot be unrealistic and disregard the likelihood of losing money. We should invest now, proceed cautiously, maintain our optimism, and be ready for anything.
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Jody.Drummer
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April 30, 2023, 02:58:27 PM |
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When it comes to investing, there is a widespread misconception. The fact is that investing entails risk, and that risk could lead to financial loss. We invest in order to increase our chances of financial growth, but we should always be prepared to take losses. Because of this, experts consistently suggest investing only what we can afford. We need to be clever. Although cryptocurrency offers us the chance to build wealth, we cannot be unrealistic and disregard the likelihood of losing money. We should invest now, proceed cautiously, maintain our optimism, and be ready for anything.
Therefore, we must really have a lot of knowledge when we are still in the investment world. Having capital alone is not enough for an investor, ok, we have a lot of money to invest, but when we don't have knowledge of the world of investment, especially investing in the cryptocurrency space, then no matter how much money we have, it will run out in a short time. I am the one who will say don't invest if you don't have knowledge, I mean it's better to study first and understand the risks, then you can jump right into the investment world.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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el kaka22
Legendary
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Activity: 3696
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
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April 30, 2023, 05:53:11 PM |
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Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.
If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.
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taufik123
Legendary
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Activity: 2702
Merit: 1855
Rollbit.com | #1 Solana Casino
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April 30, 2023, 08:38:15 PM |
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Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.
Nothing is instant, everything requires a process. Trading also cannot be done easily, profits and losses will go together. Even a professional trader will not continue to profit, there are times when they lose due to unfavorable and unpredictable market conditions. If someone just wants to trade for a while and wants to be rich the next day, he is just fantasizing. If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.
The mindset of getting rich will eventually bring traders to the spirit of learning and analyzing. But it will also be a trap when they only think of getting rich quickly without doing anything more. of course, it takes a long time and hard work.
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lovesmayfamilis
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Merit: 4540
✿♥‿♥✿
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May 01, 2023, 12:50:36 PM |
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__SUTLAN HAMZA___
Great answer, you made me laugh, Sultan. Actually, the OP, like many here, is trying to be helpful. Let's not judge him harshly. The conclusions about patience are correct, although it is rather presumptuous to cite a millionaire as an example. For many here, small profits are already considered in the millions, and small losses turn into drama. The whole post boils down to the fact that those who invest need to assess all the risks and make a decision only when they are ready to wait for the right price while remaining calm. However, nothing new, but good for repetition.
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xSkylarx
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May 01, 2023, 01:01:06 PM |
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Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.
Experience is not a must, but it is just a plus; knowledge is really what is needed, as there are still newbies who have no experience but are successful since they learn and have knowledge on it. Experience will follow, but again, if you have experience and you have somewhat struggled with investment, like you already have guts and feel in your crypt that you are investing, it would be easy to invest in it. But again, in investing, you'll be learning constantly as the crypto space keeps evolving and new technology is coming out, so it is better not to be lazy on learning.
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noorman0
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May 01, 2023, 02:43:21 PM |
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-snip- In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them. Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.
At the lowest level of awareness of bitcoin investors, there is no word rich in a short time. It doesn't need this kind of advice, just looking at bitcoin price history then I think people who are after instant riches will not take bitcoin as their portfolio list. Perhaps this hope can actually be realized if the investor has to sacrifice risk on some altcoins that have adjustable pumping schemes. But it's more like gambling, in fact it's hard to tell the difference between an investor and a gambler these days.
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This space for rent. Available in mid January 2024 - PM me
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wxa7115
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May 04, 2023, 05:21:59 AM |
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Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.
If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.
Even if we know this is the case those that are just starting out are not going to believe us, especially when there are scammers and all kind of businesses that benefit from those false beliefs, so instead of correcting their views those newbies look for alternatives which will allow them to reach their goals. As such on their desire to get to the goals they have set to themselves, they invest in all kind of altcoins thinking this is the magic formula that is going to allow them to reach their goals, and while there are a few newbies out there which are lucky enough to achieve this, we know the majority fail at this step and they never recover from it.
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NotHatinJustTrollin
Full Member
Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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May 04, 2023, 05:59:29 AM |
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Almost 99% of investors want to deposit today, tomorrow they will become sultans. Actually it can't be like that. It could be possible that tomorrow it will be a loss and the next day it may still be a loss.
If we have lost, we have to pivot, analyze again, find out why, where did it go wrong, what is the future. Not if the loss is already screaming scam, blaming people who give "advice", following influence etc.
What we have to understand first is that there is no investment today, tomorrow you will become a sultan. Even next year or in 10 years, you will not necessarily become a sultan. Warren Buffet alone only returns 29% per year. And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan. Warren Buffet became a sultan because of consistent profits for decades. The key is patience, discipline and consistency in making investment decisions. Warren Buffet never loses? Of course, in 2015 Warren Buffet lost $444 million in Tesco shares.
In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them. Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.
I completely agree that losses are an inevitable part of investing, including in Bitcoin and other cryptocurrencies. It is important to approach investing with realistic expectations and the understanding that consistent profit is not a guarantee, even for well-known investors like Warren Buffet. Additionally, when we do experience losses, it's important to reflect on our investment decisions and make adjustments accordingly, rather than immediately jumping to conclusions or blaming external factors. A more disciplined and patient approach can help us stay focused on achieving our long-term investment goals, rather than getting caught up in short-term gains or losses. As with any investment, it's crucial to conduct thorough research, manage risks, and stay informed about market trends and developments.
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Stable090
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May 04, 2023, 07:31:13 AM |
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Maybe most time we invested in bitcoin we don't also include the calculations to the probability of making losses sometimes,
Most people that invest in bitcoin and don’t include loss in their plans are the newbies, most of them don’t have clear understanding about bitcoin, maybe they are being brainwashed by people that introduced them to bitcoin, they only told them About making profits and not lose, some of them go ahead to watch videos on YouTube and we all know that most of the videos on YouTube only talk about profit and few will tell their viewers about lose. As for me, investing is a rather difficult process. You need to be prepared for this, in addition to this - to know many different nuances. So, this is a very difficult process, as it may seem at first glance.
Some people believe bitcoin investment is very easy, but to be honest bitcoin investment is a difficult task, it’s not easy to hold bitcoin, just few percentage of people have the mindset and the capacity to hold bitcoin for long term. We do hear different news about bitcoin, different FUDs, just few people can overlook all this and they will still continue holding their bitcoin.
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rhomelmabini
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May 04, 2023, 07:32:23 AM |
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Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.
Correct. Not all need some preparations but with it on your sleeves you'll surely have an edge over the others. Just because investing doesn't mean you need to be there at the moment it doesn't mean as well that you don't need education and knowledge, you need it the most or else it will just be a blind investment.
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Finestream
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May 04, 2023, 09:28:31 PM |
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There's a common misunderstanding when it comes to investing. The thing is, investment carries a risk, and that risk could result in losing money. We invest for a chance to be successful in growing our money, but we should always be ready to accept losses. That's why experts always advise to invest only what we can afford.
We have to be smart. Although crypto gives us an opportunity to create wealth, we cannot be unrealistic and ignore the possibility of losing money. We should take it slow, invest now, be optimistic, but always be prepared if things are not in our favor.
The reason why investors panic when the market dumps or is in a bullish mode is due to a lack of knowledge.
We need to take risks in an investment, but taking risks do not guarantee quick profits. Most of the time, losses are even more visible than profits, but if we come to work for it and analyze the source of losses, maybe by the next time we take chances and invest again, we will start to become profitable and succeed in our investment. That’s how patience and determination works in an investment, and not just by putting a large capital, you will eventually reap huge returns too.
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