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Author Topic: Investing and trading in crypto: can make you or mar you.  (Read 1052 times)
OcTradism
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June 25, 2023, 12:19:47 PM
 #101

It is partially because spikes in crypto price and related media buzz occurs only on a bull run or all of a sudden. Newbies trying to make money will attempt to join then only and thus end up buying at the inflated price. This can be changed only by experience and by learning from mistake and not from us telling them about it.
Each bull run is fueled by newbies like them and I sympathize for their losses but without them, without their new capital in each bull run, price won't be moved up too much.

Quote
Loss of capital can be recovered by patience in spot trading because you don't actually lose the asset you have merely converted one to another.

Though in the types of trading other than spot, you will lose money if you have no prior experience.
Problems with Spot trading are they will not use either Stop loss or Stop limit orders, OCO and they will react too late to market falls. When they react later, they panic sell at bottoms.

Another problem is if they trade with Spot, they will later change to Leverage and Futures Trading types when they want to revenge the market, want to recover their losses, and lose more.

As far as I know, any successful investor does not share his feelings on social media when he suffers a loss.
Most of influencers don't share their losses and their painful lessons. You will see very rare influencers do like that and if you find them, they are good influencers.

This is the problem for most investors, they enter into this kind of investment without knowledge, and of course, we can never expect success from that situation but certainly of losing their money.
Knowledge from learning is important but only knowledge is not enough. They must live in the market, experience it, feel how their minds, emotion, psychology and actions can be affected by market news including FUD. They only get matured in this market by living in it a few years but it does not mean they will succeed after all.

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June 25, 2023, 09:03:53 PM
 #102

The whole point of this is that you never know for sure whether the price will go down or up. You should always remember that if someone has lost money, then someone else has earned it. The problem with people who went from billionaires to millionaires is not that they traded, but that they traded money that could not be traded. This is the first rule of trading, don't trade with money you can't lose.

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June 25, 2023, 11:58:45 PM
 #103

The whole point of this is that you never know for sure whether the price will go down or up. You should always remember that if someone has lost money, then someone else has earned it.
That's the logic in trading and that's why we do see huge institutional companies slaughtering the retail and small traders for their personal gain. And they're all doing that with the start of sending FUD to the market.

This is the first rule of trading, don't trade with money you can't lose.
While many newbies think that trading is a gateway to riches. The time of making them realize that this is a brutal market, especially for them that shall teach them the hardest way is that they're willing to lose money at set in the beginning. But then, they should limit themselves in spending because they'll all learn these lessons along their way upon being familiar to this market they're in.

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June 27, 2023, 06:11:04 PM
 #104

When people invest in crypto they aim to succeed. But many times it is seen that people on different social media after losing their investment discuss in different ways. As far as I know, any successful investor does not share his feelings on social media when he suffers a loss. I have seen my friends who trading in crypto and suffered losses by Tranding without analyzing it properly. But later they didn't develop any mentality to the contrary rather they are taking education with the aim of gaining special knowledge about investment. If you know good strategy about investing or trading in crypto then it is definitely possible to succeed. And depending on everything, later on, if you make a good investment decision, it is possible to succeed in life.
People actually don't lose money if they are trading in the spots market and not in futures or the project doesn't rug pull, they simply have the value of their money go down when they choose the wrong token or coin for investments and their money will get stuck forever if the coin doesn't manage to get back to the position where they bought it at, that's why it's important to invest only in coins that you know won't do that with your money.

Those who face such situations might hide it from others because as a part of human nature, we always hide our losses from others because we think that they will make fun of us but when we win, we share it with everyone so that we get appreciated, that is human nature.

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June 27, 2023, 09:50:40 PM
 #105

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto
Yep. The point is to have sufficient knowledge and experience. Without knowledge and experience, people cannot analyze when the time to entry or which coin to buy. It is a big mistake to trade or invest in random coins, it probably ends up with severe losses. It is also the same as choosing the wrong time to entry, you will have no opportunity to take profits if you buy at the highest price (ATH) and then you expect to gain profits in the bearish season. So, know well everything about crypto before starting to invest or trading, it is the crucial key for the success in crypto.


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June 27, 2023, 09:54:29 PM
 #106

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto
Yep. The point is to have sufficient knowledge and experience. Without knowledge and experience, people cannot analyze when the time to entry or which coin to buy. It is a big mistake to trade or invest in random coins, it probably ends up with severe losses. It is also the same as choosing the wrong time to entry, you will have no opportunity to take profits if you buy at the highest price (ATH) and then you expect to gain profits in the bearish season. So, know well everything about crypto before starting to invest or trading, it is the crucial key for the success in crypto.


going into this market takes a lot of effort from your side as a trader. however, a lot of newcomers have this notion of getting rich quick once they are into crypto trading. well, they will learn quick that there's more than meets the eyes in this market.
experience and continuous learning about this market will equip you in your trading journey. but don't expect that you will always win when you execute your trade. you will still lose some if you are not careful with your orders.

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June 27, 2023, 10:18:19 PM
 #107

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto
This can be true about what op had explained but it does not apply to everybody because it is very certain that some persons would lose as an investor maybe due to inexperience or lack of information that can help them get to where they need to be. Cryptocurrency trading or investment is very risky for those who might not understand what it means and entrails. Fro us to keep making money in cryptocurrency, we need to keep learning new things so that the information we have will not be outdated due to new trending that is coming up every season.









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June 27, 2023, 10:21:41 PM
 #108

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto
Yep. The point is to have sufficient knowledge and experience. Without knowledge and experience, people cannot analyze when the time to entry or which coin to buy. It is a big mistake to trade or invest in random coins, it probably ends up with severe losses. It is also the same as choosing the wrong time to entry, you will have no opportunity to take profits if you buy at the highest price (ATH) and then you expect to gain profits in the bearish season. So, know well everything about crypto before starting to invest or trading, it is the crucial key for the success in crypto.


going into this market takes a lot of effort from your side as a trader. however, a lot of newcomers have this notion of getting rich quick once they are into crypto trading. well, they will learn quick that there's more than meets the eyes in this market.
experience and continuous learning about this market will equip you in your trading journey. but don't expect that you will always win when you execute your trade. you will still lose some if you are not careful with your orders.
A very common newbie impression or mindset on which you would really be mainly be thinking up on this way with your first time encounter on things on which it would really be just that normal to have that impression as a noob because you would be mainly seeing those who do make profits and trying out to put up into your feet and thinking that it is really just that easy. Buying low and Selling high?
Sounds really pretty basic but on the time that you would really be setting your foot into this market then this is where you would be able to realize things that it isnt something that you could be able to handle it out so easily. Lots of efforts and lots of considerations which you would really be mainly needed for you to handle yourself on this unpredictable crypto space. Investing isnt just simply putting up some capital then you're good to go. You would be needing to exert lots of effort and lots of analysis before you could make out such survival on this space.
Its hard but not impossible and it would be entirely depending on you on how you would really be gonna handling yourself.

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June 27, 2023, 11:58:51 PM
 #109

-snip-
Cryptocurrency trading or investment is very risky for those who might not understand what it means and entrails. Fro us to keep making money in cryptocurrency, we need to keep learning new things so that the information we have will not be outdated due to new trending that is coming up every season.
new trends will continue to emerge not just every season, but every time as the crypto market develops. 
The risks of trading and investing in crypto are quite risky and it will put pressure on those who are new to crypto.
As a crypto user for a long time, I will even be affected by some inevitable risks such as when the market crashes and does not match predictions. 

Therefore it is important to learn the knowledge of crypto trading and investment. 
Currently new things keep appearing, new trends keep coming so there are lots of changes in crypto conditions. 
Although the cycle repeats but it will not be completely the same.
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June 28, 2023, 02:33:43 AM
 #110

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto
This can be true about what op had explained but it does not apply to everybody because it is very certain that some persons would lose as an investor maybe due to inexperience or lack of information that can help them get to where they need to be. Cryptocurrency trading or investment is very risky for those who might not understand what it means and entrails. Fro us to keep making money in cryptocurrency, we need to keep learning new things so that the information we have will not be outdated due to new trending that is coming up every season.
Both investors and traders are required to keep abreast of developments,
we can see for ourselves that the crypto market is constantly moving and if we fall behind it will be difficult for us to make a decision,
lack of experience also affects which sometimes people forget about it.

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June 28, 2023, 03:56:15 AM
 #111

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto
This can be true about what op had explained but it does not apply to everybody because it is very certain that some persons would lose as an investor maybe due to inexperience or lack of information that can help them get to where they need to be. Cryptocurrency trading or investment is very risky for those who might not understand what it means and entrails. Fro us to keep making money in cryptocurrency, we need to keep learning new things so that the information we have will not be outdated due to new trending that is coming up every season.
Both investors and traders are required to keep abreast of developments,
we can see for ourselves that the crypto market is constantly moving and if we fall behind it will be difficult for us to make a decision,
lack of experience also affects which sometimes people forget about it.

That is why you should keep reading the news every day, and if there are new coins or new developments in crypto, you should be up to date with them because you'll fall behind easily as the crypto right now is very far from 5 years ago, so if you just stayed where you are, you can't follow it easily. When it comes to experience, this will follow you once you have knowledge, as you are now more confident with your knowledge to invest or do trading. It is not required at first, but in the long run, it is very helpful because you can now say that this is a scam, or in your trade, you can easily say that this happened before, so the bias on this is uptrend or downtrend.
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June 28, 2023, 07:37:17 AM
 #112

I've seen that all the time and other related memes into cryptocurrency those are some real life happen; one of the reasons is they got attracted to the possible of income, and they bought immediately without hesitation and proper execution of plan and goals why they bought those coins reason why its end of they lose most of their funds, investments, and even their assets, people learn from their mistakes, people quit, and people getting wise right now and keep trying and hoping they are one of the top earners this coming bullrun.

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June 28, 2023, 06:49:07 PM
 #113

I saw this as a memes on a social media platform which created much laughter amongst many person's with funny comments that followed. But let's view it the other round in real sense.


Funny as it look, it's a reality for many crypto investors out there. A scenario were some had to invest when there was great value for the coin only to sell it when the price dropped after holding for long. Which means they never had an understanding of the basics of investing or trading before investing.

This this humor as it looks has turned many billionaires to millionaires down to thousand-naires as the case may be. Often times than not it could be that these people perhaps invested into the wrong coin and timing too.


Before you get to invest in crypto or bitcoin endeavor to know about the basics so you don't end up taking wrong investment decisions about it, so you don't send the wrong message or signal to people out there that are yet to know and partake in the industry.  Just like one of the photos I put up a alleging how "crypto is a biggest lie", and bitcoin isn't excluded in this statement either.
source:https://www.facebook.com/pseitradingmemes
I believe that Cryptocurrency can make a man rich or poor it is true. But it is also true that many people has been established and has been economically independent from crypto. If anyone learn properly and then invest or trade on crypto then he will be profited otherwise if invest without proper knowledge here he will be losser and he will lost his valuable fund. So i think of anyone want to trade or invest on crypto he jave to gather proper knowledge about crypto. Then crypto will give us profit.

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June 28, 2023, 06:58:31 PM
 #114

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto

You are absolutely right that before investing in crypto currency market it is very important to choose good and best project. One should invest after having complete market knowledge, analysis and experience before investing. It is also true that sometimes our analysis can be wrong and the market can go in the opposite direction to what we predict. The market is highly correlated with both good and bad news, good news can move the market up and bad news can push the market down. People are making good profits from the crypto currency market, but for this it is very important to gain experience. Sometimes our trade may be wrong, it is not meant to be a crypto market scam. We do our own analysis and estimation but no one can make absolute guarantees.

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June 28, 2023, 09:59:24 PM
 #115

Although those are memes, created for fun but also indicates how important it is to choice potential coins before investment or situation would be same as meme cause choosing and investing money with random altcoins, is not proper way to take entry in crypto market. It is important to learn, analysis and then investment. Although people make mistakes, sometimes big mistakes, sometimes analysis gies wrong  but it Doesn't mean crypto is scam. There are a lots of people who make huge from crypto

You are absolutely right that before investing in crypto currency market it is very important to choose good and best project. One should invest after having complete market knowledge, analysis and experience before investing. It is also true that sometimes our analysis can be wrong and the market can go in the opposite direction to what we predict. The market is highly correlated with both good and bad news, good news can move the market up and bad news can push the market down. People are making good profits from the crypto currency market, but for this it is very important to gain experience. Sometimes our trade may be wrong, it is not meant to be a crypto market scam. We do our own analysis and estimation but no one can make absolute guarantees.
Choosing the best project or something that we could really be pointing out fingers on the current top ranking coins would be ideal rather than on putting some bucks into those newly launched project.Im aint saying that it is a bad idea but we know that there are people who are really that a fan of investing into those low prices because they do prefer on investing into something on which t hey could see that they could hit up huge multipliers on the time that it would really be making out some pump.Unlike when they would really be going all in into those old established coins on which they could only earn a few multiples with those compared into those new projects. Investing and trading is different but both could give out that kind of chance that you wouldnt really be able to get on other places when it comes to profitability. It is really just that depending
on how someone would really be doing his best on dealing up on things which are truly that unpredictable.

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June 30, 2023, 02:19:27 PM
 #116

People are making good profits from the crypto currency market, but for this it is very important to gain experience. Sometimes our trade may be wrong, it is not meant to be a crypto market scam. We do our own analysis and estimation but no one can make absolute guarantees.

As a trader when you trade you won't get every trade correctly, there'll be some mistakes but not every wrong trade means you didn't do your research properly or study the chart to understand where the market is headings. Crypto market is full of surprises and that's because of the volatility of the market. We have many traders buying and selling both Bitcoin and other cryptocurency based on emotions.

There's lots of fomo trades and also that of fud which could change the market direction for the short term but that won't stop the market from heading to the direction it was heading initially. When we get wrong trades we have to cross check to see what really happened.

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June 30, 2023, 02:31:16 PM
 #117

Both option is true when investing or trading in crypto can make you or mar you, depend how smart and lucky moment when investing in cryptocurrency. But for loser will answer cryptocurrency is lies and make them poor, have good answer for people investing in bitcoin earn much profit due right time when investing and they can manage from greedy.

Investing in cryptocurrency is not only about profit or loss but how to learn from mistake when first time investing, need to memorize about right moment for investing and can manage with fud coming every time. Don't be panic when price from coins investment going drop and keep realistic take profit when coins assets have going up.

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June 30, 2023, 05:21:39 PM
Last edit: July 02, 2023, 06:54:51 AM by teosanru
 #118

I saw this as a memes on a social media platform which created much laughter amongst many person's with funny comments that followed. But let's view it the other round in real sense.


Funny as it look, it's a reality for many crypto investors out there. A scenario were some had to invest when there was great value for the coin only to sell it when the price dropped after holding for long. Which means they never had an understanding of the basics of investing or trading before investing.

This this humor as it looks has turned many billionaires to millionaires down to thousand-naires as the case may be. Often times than not it could be that these people perhaps invested into the wrong coin and timing too.


Before you get to invest in crypto or bitcoin endeavor to know about the basics so you don't end up taking wrong investment decisions about it, so you don't send the wrong message or signal to people out there that are yet to know and partake in the industry.  Just like one of the photos I put up a alleging how "crypto is a biggest lie", and bitcoin isn't excluded in this statement either.
source:https://www.facebook.com/pseitradingmemes
I don't think this is true. Obviously for some crypto has changed everything. I think specifically talking about crypto making people poor, these are the people who actually entered in a bull run thinking that everything will keep on skyrocketing and we will keep on running upwards. But then the best run kicks in and these guys eventually lose even the cost that they had invested.
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July 01, 2023, 02:47:00 AM
 #119

That's because most of the people doesn’t follow the proper way of investment, rather they take crypto as gambling for change luck overnight and at the end, they lost their money and creating such memes. Although that memes are right, from the point of view  during crash of crypto market. People lost a lot even who held potential coins. But after some years, crypto pump again incredibly. So people who had hold crypto with patient, never get disappointed at the end.

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July 01, 2023, 03:02:41 AM
 #120

That's because most of the people doesn’t follow the proper way of investment, rather they take crypto as gambling for change luck overnight and at the end, they lost their money and creating such memes. Although that memes are right, from the point of view  during crash of crypto market. People lost a lot even who held potential coins. But after some years, crypto pump again incredibly. So people who had hold crypto with patient, never get disappointed at the end.
Such a mindset is certainly wrong that assumes investing or trading in crypto will provide instant profits,
crypto is so complicated that it needs knowledge and skill,
those who are patient and stick with crypto know what to do and they are experienced.



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