Investing and trading in crypto: can make you or mar you.

[AicecreaME]

Cryptocurrency is a big lie if you're the type of person who put the blame to someone or something to forget disappointments and frustration for a while because of your own mistake.

Most of the newbie investors and traders thinks that investing or trading in cryptocurrency will make them rich right away, so they sell their properties and other valuable things to have something to invest in cryptocurrency, so the reality slapped them hard and then they became homeless because they were so reckless for jumping off with the wrong mindset about cryptocurrency.

I always laugh at those people who blame bitcoin for their own stupidity, whether they got scammed in ponzi or pyramiding schemes that uses Bitcoin as a bait.

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[Flexystar]

Ah well there are people who start now and still make decent amount of money so I am not going to be in dilemma of memes and what others think about the bitcoin really. It has made money to thousands of people who started way later when bitcoin price was way way up as compared to the launch price. If anyone is trained wel in the trading they can just start at any point, grab their profits and make more. Those memes are just from the people who never technically understood the at most importance that Bitcoin holds. On the other hand some of them have really made money just from holding their Bitcoins so imagine the value it holds and supporters it has. I hope everyone just stays opposite to what memes suggest.

[carlfebz2]

Ah well there are people who start now and still make decent amount of money so I am not going to be in dilemma of memes and what others think about the bitcoin really. It has made money to thousands of people who started way later when bitcoin price was way way up as compared to the launch price. If anyone is trained wel in the trading they can just start at any point, grab their profits and make more. Those memes are just from the people who never technically understood the at most importance that Bitcoin holds. On the other hand some of them have really made money just from holding their Bitcoins so imagine the value it holds and supporters it has. I hope everyone just stays opposite to what memes suggest.

But actually seeing or reading up those  line of text with images are indeed that do happen on some users or investors here on this crypto space on which due to different taking and decisions that had been made on

their investment would really be leading into this kind of state on which people would really be having that huge problem if ever they would really be trying out to stop such losses on continuous ways.
This is why its really important that you should really be knowing the risk involve on the time that you would really be stepping your foot into this space. Crypto could neither make you rich or getting wrecked

or totally opposite. This is why you shouldnt really be that so confident on whatever steps you would be making. Always be serious and always continue to learn up so that you would really be able to handle
yourself well on this volatile market and sustain somehow despite of these movements.

[Huppercase]

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.

Reviewing what he said, if you look at the majority of people in crypto, it's what they are after. Many people here don't want to learn the fundamental road to make it, they preferred to have a shortcuts which is why many of them love meme, I mean why would we buy meme tokens if not that we are having intention to take money from each other, because the use case is not there, people are buying lower to sell on the late comers who buy into the late hype of the coins and it's a very bad habit.

The basic rule is the best as you said; as a trader, I will never buy and hold meme tokens but when I see the opportunity to trade them, I cashout from the liquidity they create because it's what people love and they will are always willing to get them into their portfolio and that is why it's sweet to trade them.

[Fuso.hp]

Investing and trading are two different things. Buying a particular coin and holding it for a longer period of time in the hope of making a profit is generally considered investing, and using money to buy a particular coin at a relatively low price and sell it at a higher price is considered trading. It is usually possible to make multiple trades in a day. Trading and investing are two different things but neither should be done without adequate understanding about it. People who have a lot of money always choose investing but those who have less money usually choose trading to grow their money. Those who understand trading well and have a good understanding of the market can achieve a lot of success in trading. And those who like to take ricks and have enough patience can achieve success in investment.

[RockBell]

Seen this image made my day was all cracked up, starting from the dude driving a car and maybe latter sold it, the market can so humble people, despite holding is not has easy has it sounds, the problem with crypto is that you can not predict the future you can only assume based on records, having bitcoin at a high value and you end up selling very low and at the end of the day, the investors get tired and end up leaving the market. What i noticed in investing is that you should but it at the back of your mind that it's a 50/50 thing, because anything can happen to anyone at any time adding knowledge is an additional help.

[Ojima-ojo]

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.

Not all that lost the coin holding after holding for long are victims because of lack of education or knowledge on cryptocurrency investment because at some point one could get scammed just like in the case of Luna Terra where many cryptocurrency experts lost huge amounts of investment even some cryptcucrency exchanges all lost money.


So in that case it is an unexpected exit scam that can be pulled off at anytime when holding altcoin, which is why Bitcoin is the most suitable asset for long-term holding.

[doomloop]

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.

Actually, people who invest high amounts in meme coins tend to make such memes when they have lost their investments because not all meme coins gain significant value over time and they only do it in their initial phase when they are heavily hyped by the community. Those who choose proper cryptocurrencies such as Bitcoin and have enough patience to wait until the market enters the bull run, won't face any losses at all.

It basically depends on how much knowledge and information one has about the cryptocurrency market and how it basically works, those who enter the market without any knowledge and make investments without much thought and understanding tend to lose money in the long run.

[Justin999]

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything  then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

[TheUltraElite]

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything  then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

Newbies often jump into trading at the dearth of experience and they are not to blame but the media buzz makes them added into the greed factor. Now this can avoided in a ideal case where they learn trading side by side they do dummy trading to quench their trading thirst for the time being and then when the cycle comes back they are do the actual trade with real money.

Luck is less important in spot trading because the cycles will circle back and you will get your opportunity - more so if you are only into bitcoin and have the patience to hold through.

[rozak]

Newbies often jump into trading at the dearth of experience and they are not to blame but the media buzz makes them added into the greed factor.

for those who are new to trading, of course, it is a common problem. and I guess when they start off wrong than giving them trading experience will improve their trading skills in the future.
there are also traders who start their trading by simply following the signals from the channel. but after he observed, indirectly it provides experience and also knowledge in trading so that he can finally trade independently.

[inthelongrun]

It's really true, especially for those that are doing margin trading and investing heavily in altcoins that are not even in the top 10. I used to ask a lot of crypto newbies why are they investing nearly all of their crypto investment budget, especially on meme coins and new start-up projects. Their answers are because they feel that they are already late in investing in bitcoin. Most of them wanted to become rich or richer and they did not know that they are already taken by greed.

As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

[RewFrew]

Actually investing and trading in crypto can make and may you both. If anyone gather proper knowledge about crypto and were huge experienced after then he could be profited in crypto invest and crypto trading. But if anyone without proper knowledge invest and trade on crypto he will be losser there has no doubt. So at first we need learn about cryptocurrency and then invest here. A new comer never understand market strategy so he will be losser. So i will tell investing and trading in crypto can make and mar anyone.

[taufik123]

It's not uncommon in crypto to have some losses and some gains.
Investing and trading in crypto has a greater risk than investing in other platforms.
I have even experienced losses of thousands of dollars, but the profits I made also exceeded those losses.

Continuing to invest in crypto will grow a lot of profits if you continue to be patient and not panic too much.
Just need to wait for the price to rise according to the target that has been determined then sell.

-snip-
As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

But Investing in some traditional assets can also be a good suggestion because you don't know when investment in crypto crashes.
Investment in the traditional sector can be a good backup for your crypto investment.
So run both then you will get a lot of benefits.

[Gallar]

~Snip

By looking at the meme image, I already understand that the meaning of the image depicts a crypto investor who suffers losses and falls into poverty.

Hmm indeed I can't deny the content of the meme image. Because in reality, not a few, investors in the crypto market have experienced losses to the point of spending all of their wealth. But the question is, are all the disadvantages wrong with cryptocurrencies? I don't think cryptocurrencies are completely wrong. Because supposedly, everyone who decides to invest or trade in crypto, must be able to accept every risk that befalls them sincerely. Because basically, those who decide to join the crypto market are themselves and no one else.

And another factor that causes many investors in crypto to experience losses is caused by a lack of knowledge and being unable to control their emotions. These two factors can indeed be fatal, if not in mind when trading or investing in crypto. So in essence, what makes a crypto investor suffer a loss is himself. Because of greed and a sense of haste, you want to quickly get big profits, but it will be a long process.

[Learn Bitcoin]

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything  then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

You should know one thing some traders love shitcoins to trade because those coins are too volatile, and traders love pumps and dumps. They can make money in both ways. Shitcoins are also known as leverage tokens. If a new trader buys shitcoins and doesn't know much about the token or market movement, they are unlikely to get a profit from it.

Investing in crypto is a different thing. I discourage people from investing in crypto other than Bitcoin. If someone wants to invest, go for Bitcoin. Still, if they want to pick another choice, go for the top established coin, even though I discourage investing in any crypto except for Bitcoin.

[Lida93]

Those are true but they are responsible for their current situation cause it's always depend on you, how you manage your fund. If a Newbis buy altcoins at peak or buy shitcoin or start Trading without know anything  then such incidents must be happened with them. Although sometimes bad luck also responsible for loss but if you can handle fund wisely then less chance, to face such situation what op posted

You should know one thing some traders love shitcoins to trade because those coins are too volatile, and traders love pumps and dumps. They can make money in both ways. Shitcoins are also known as leverage tokens. If a new trader buys shitcoins and doesn't know much about the token or market movement, they are unlikely to get a profit from it.

Its one of the expensive mistakes many newbies make when they newly gain interest in cryptocurrency. Their desire to earn rocket profits lures them into shitcoins investment which most of them have no iota of knowledge about the coin. Bitcoin should be a good start for any newbie that wants to trade or invest in cryptocurrency, your losses are minimized, less panicking as there's no pump and dumps and volatility is not as high as those of shitcoins. Bitcoin is the only good start for any newbie trader.

[Learn Bitcoin]

You should know one thing some traders love shitcoins to trade because those coins are too volatile, and traders love pumps and dumps. They can make money in both ways. Shitcoins are also known as leverage tokens. If a new trader buys shitcoins and doesn't know much about the token or market movement, they are unlikely to get a profit from it.

Its one of the expensive mistakes many newbies make when they newly gain interest in cryptocurrency. Their desire to earn rocket profits lures them into shitcoins investment which most of them have no iota of knowledge about the coin. Bitcoin should be a good start for any newbie that wants to trade or invest in cryptocurrency, your losses are minimized, less panicking as there's no pump and dumps and volatility is not as high as those of shitcoins. Bitcoin is the only good start for any newbie trader.

While I agree with what you have said, I am unsure if you understand my point. Yes, Bitcoin is a good start for everyone. No matter if someone is old enough in the crypto market or a newbie. If anyone wants to invest or hold a coin, Bitcoin is the only choice. But, when it comes to trading, newbies should choose Bitcoin only. If newbies choose shitcoins to trade, they might end up losing it.

Suppose you are a pro trader and know well enough about the market movement. I believe you are good to go with shitcoins to trade. As I already said, pro traders love shitcoin because of its volatility. They do leverage trading with these coins.

[bitgolden]

It's really true, especially for those that are doing margin trading and investing heavily in altcoins that are not even in the top 10. I used to ask a lot of crypto newbies why are they investing nearly all of their crypto investment budget, especially on meme coins and new start-up projects. Their answers are because they feel that they are already late in investing in bitcoin. Most of them wanted to become rich or richer and they did not know that they are already taken by greed.

As for me, I may have lost a lot but I am still at a gain which is still very big compared to just investing into something traditional. So I am still thankful that I invested in crypto and I will continue to invest.

Unfortunately that is the main reason for a lot of them. It's not going to end up with them getting a good result, but that doesn't change the fact that it's going to be the most important one. If you keep on investing into bitcoin you could still make profit, maybe not as high as you want but at least you will be making a profit.

However, if you end up investing into those silly altcoins then you are going to end up being upset and I think that's going to cause a lot of trouble. I believe that if you could make some profit, then in that case we are going to see them make some changes here and there. So just invest into bitcoin, get the profit you could get, and at least you will be up, compared to alts where you will lose it all.

[Dessy88]

Trading or investing can make you rich or poor in all these ways. Here also i believe investing will never disappoint you money but trading can disappoint you. Moreover, the crypto market is a stick of competition so you should fight from your own needs. Here we can only give some idea but the amount of loss will have to be borne by you.