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

[wxa7115]

I am 100% sure that these meme creators are these GenZ kids, who don’t know what Bitcoins are capable of. They just invest to make quick cash, and if it doesn’t come out to be as expected, then they just mock it and make fun of it. We should never lose focus and never forget that Bitcoins are limited in number, hence very rare, so once the accumulation demand increases among the people, the price will break ATHs and you will get tons of profits. So just hold and wait for long term.

This fake economy has been around for so long that it seems the new generations are forgetting how true value looks like, in this age in which likes are almost like a currency the new generations consider meme coins as a valid way to make money.

After all if something is popular then it should have some value right? But what they are forgetting is that while this can increase the price of an asset really quickly, this will create a bubble in that asset, and like any bubble it will eventually burst and the value of the asset will go back to its intrinsic value, which in the case of meme coins is zero.

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[lixer]

What do you expect from people who seriously invest in Memes coins, or because someone like Elon Musk tweeted about it, or because of recommendations on social media, not to mention the madness of NFT and other recent events in the market, which indicate that many are investing with zero knowledge or even desire in learning. Most of the projects are paying more on marketing campaigns and high APY than on technical development, which makes them a big pump for hot money that quickly ends with losing wealth.

The post is a kind of a meme because there is a picture on it with some captions but it does not literally mean about meme coins. Those who invest on meme coins, NFT and other hypes are mostly newbies who don't do their research but there might be some experienced people too. They ride it because they know they can benefit with it.

People behind those projects can pay more in marketing but I think this is risky because what if they can't successfully attract the people to invest on them? We think shitcoin creators are only just money grabbers but we didn't realize that they take big risks too. High APY are just part of the marketing but they are mostly fake.

[Jocuserious]

Crypto market can make you poor and rich at anytime because it’s like totally a game. Did you share how much negative you got from crypto? Personally i have been taken lot of bad reason from crypto investing which is loss my money. If i will lost lot of money fro invest then i Couldn't recovery very soon.

[imamusma]

Crypto market can make you poor and rich at anytime because it’s like totally a game.

Of course, but only if you are too comfortable playing on the edge of the abyss that are then called altcoins.
There are tons of shitcoin that will end up just draining your investment budget after getting the initial hype from their initial team or investors. You should stay away from such investments because when those altcoin crash, don't expect them to pick up and recover your losses.

Do you remember that altcoin that was minted during the hype of an ICO, IEO, STO or something like that? Watch how many of them still survive and benefit their investors, so I hope that serves as a good reason to stay away from them.

Personally i have been taken lot of bad reason from crypto investing which is loss my money. If i will lost lot of money fro invest then i Couldn't recovery very soon.

Switch your mindset to bitcoin, buy it and hold it long term and I think it will help you get worth return with the risk you take. But remember, this is not financial advice that you are obliged to trust, so it all depends only on you.

[ajiz138]

I am 100% sure that these meme creators are these GenZ kids, who don’t know what Bitcoins are capable of. They just invest to make quick cash, and if it doesn’t come out to be as expected, then they just mock it and make fun of it. We should never lose focus and never forget that Bitcoins are limited in number, hence very rare, so once the accumulation demand increases among the people, the price will break ATHs and you will get tons of profits. So just hold and wait for long term.

Keep your positive thinking about bitcoin, ignore its price volatility and stick with your best plan in the long term. Those are some pieces of advice that have been suggested by experienced investors I have met although they have not been as successful as some of the people on this forum.

I believe some users may doubt the potential of bitcoin, but we should not doubt about it because experience and history is the best support to keep bitcoin.

I prefer someone with positive thoughts about bitcoin for the future than concerned with other coins by wanting a quick increase but always not thinking about the risks of what will happen later, but this is clearly different from bitcoin which always repeats history every cycle and that becomes our benchmark believe in bitcoin as a long term investment then I will maintain it for a long time.

Those who still doubt bitcoin means he doesn't know the history that he always makes, if there is someone who still doesn't believe in bitcoin then he doesn't understand how bitcoin works and only hears what other people say about the bad things.

[Hamphser]

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.
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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.
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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

Well, these kind of meme are actually true because crypto investment or dealing up with it, isnt something that could give out assurance that you would really be making yourself rich but rather the opposite.

It does really always depend on how you would gonna handle up yourself and make out some good decision or being wise on your crypto investment + a little bit mix of luck because we know that no matter how good you are on making some analysis but if luck isnt on your side then you would definitely be losing money which it would really be that still significant but somewhat you cant really just rely on it because this isnt
gambling after all.

Everytime i do see those memes,then it is really giving out that smile because you could really eventually relate that those things are really that true and do really happens
on this crypto market. This is why you should really be that sensible on whatever actions you would really be making.

[lalabotax]

I saw this picture and ever watch a kind of short video about before and after investing im crypto.

shortly, this picture may be true, being poor after investing in crypto.
but actually it can also be the opposite. From poor to be rich enough because investing in crypto.

the difference will lay on how we are investing in crypto, how good our understanding and stratehy, incluing how appropriate our management controls.
investing in crypto can be very risky because it is exactly risky, moreover without enoguh knowledge, considerations, analysis, and strategy.
but on the other hand, crypto can be promising and worthy if we really know the ways to earn money wisely and smartly within good understanding, analysis, strategy, and activities.

so, the result will depend on yourself, which one will you choose?   

[JoyMarsha]

What is the meme's maker trying to make clear about cryptocurrency? Is he trying to convince people that cryptocurrency can only help people go from being rich to being poor? It cannot make one rich; it can only make one poor.

If crypto will only make someone poorer, as this meme's creator claims, why do millions of people continue to invest in it? Does this imply that they cherished their plight? This is my question to individuals who share this viewpoint.

When someone who doesn't understand the fundamentals of crypto spreads untrue information about how it can lead to financial ruin, they fail to mention the many factors that can contribute to this, such as engaging in trading without knowledge of it, buying altcoins without doing much research, and investing only with money you can't afford to lose.

[Bananington]

I believe some users may doubt the potential of bitcoin, but we should not doubt about it because experience and history is the best support to keep bitcoin.

The people that doubt bitcoins and it's potential in making their life better are people that have a wrong understanding of what investing in bitcoins means. Some of them think that just buying bitcoins one time and keeping it is enough to make them rich when the value increases. Some of them do not even know that they are at a 50/50 chance to make profit or loose their money, some have no idea about risk management so when things go bad, they really go bad. These people rarely really profit from bitcoins because of what they know that is very limited. Making profit from bitcoins can be done by smart investment decisions bcaked by knowledge and some experience, or trading where good skill is essential.

[Fivestar4everMVP]

Completely agree with the op, indeed, crypto can make or break anybody financially, and the reason being that many and are jumping into crypto with the wrong mindset and expectations, expectations in the sense that many new crypto investors come in with the mindset of getting rich over night, like the several stories they heard of people who become millionaires after investing and holding crypto for a short time, they forget that as this good news flies around, so also there are bad news of people who lost money, which is not circulated in other not to cause panic..

Investing in crypto requires doing so with a right mindset, knowing that crypto is not a get rich quick scheme, and that different coins have different level of risks of loosing money attached to them, bitcoin has the lowest risk of losing money, but then also, chances of becoming a millionaire through bitcoin is very slim.
Meme coins, have the highest risk of loosing your money, but then, you have a better chance of becoming a millionaire if you are lucky to find and invest in the right one at its very early stage.

[rat03gopoh]

For me, investing in cryptocurrency was not the best choice, to put it mildly. Whoever is thinking of investing in crypto, I want to warn you. Guys, this is not where you can try to work painlessly. You need to be ready to go.

And if you know how people feel when they see your success by taking that risk, there's a bad feeling there. lol

So it will still be a difficult decision to discourage people from investing while you're doing it yourself. As long as no one knows who luck will side with next, I won't be too hard on limiting people's curiosity. I mean, don't use the word inhibit a lot, just be more clear about the risks.

[jokers10]

The people that doubt bitcoins and it's potential in making their life better are people that have a wrong understanding of what investing in bitcoins means. Some of them think that just buying bitcoins one time and keeping it is enough to make them rich when the value increases. Some of them do not even know that they are at a 50/50 chance to make profit or loose their money, some have no idea about risk management so when things go bad, they really go bad. These people rarely really profit from bitcoins because of what they know that is very limited. Making profit from bitcoins can be done by smart investment decisions bcaked by knowledge and some experience, or trading where good skill is essential.

I guess many don't understand not only how to invest in bitcoin correctly, but how invest in general. Crypto usually is a part of their problems. And unfortunately we can't solve this problem for each and other. We can warn, we can share knowledge, we can give advice, but anyway there will be those ones who will lose at a market. We IMO still should share what information we can to help those ones who will get benefits from our help, but we shouldn't worry too much that it won't work for everyone.

[Yamifoud]

This possibly happens to those who invest in memes and hyped coins...
It is just about to realize that investing in crypto doesn't give us assurance that our money will be back into our pocket or multiply. I can really imagine those people who sell their assets (house and lot) for the sake of investing in crypto, we'd never know what is their situation now.

A reason why it was not advisable to put everything and focus on crypto investment alone as it was the best strategy to have a reliable investment and less risk.

[Dr.Bitcoin_Strange]

In everything we venture into in this life, comfort is determined by the level of knowledge we have gathered about that thing before we go through it. Otherwise, it will create discomfort for us, and it will look more stressful than normal for us. Having good knowledge about something before taking it up will determine how we react to it. Why I am saying this is because there are a lot of people who have given up on trading; some have also given up on crypto investment or Bitcoin investment. Example: A newbie bought Bitcoin at $50k, hoping it would get to $100k so he or she could make some profit, but instead, they did not see $100k since 2021 until last, and they got forced to sell at $30k in 2022 and had to lose $20k. This was a bad experience, and at such a point, they had to leave any crypto investment for good.
So, before anyone goes into crypto investment, let them gather enough knowledge about it.

When you start because you have seen a Youtube video or bought a course, you are not aware that the person selling you the course probably earns more from the courses than from the trading itself,

Just as Don has said, I agree with him, and I wish to also say that even some traders make more earnings on their YouTube channel than they earn trading crypto. Some trading video tutorials are just visual trading, and some are done with a demo account. In the past, when I watched some trading tutorial videos on YouTube, those teachers did not show me a trade with their main account (a real account), but they have a lot of subscribers and likes on their channel and videos, so they are definitely monetizing their channel and may even be making more money than they made with trading. Wait a second. Come to think of it, when one is really trading and making enough profit, can they have time to come online and begin to make video tutorials? I am not saying it doesn't totally exist, but it's absolutely minimal. But just use the search word "how to trade" on YouTube, and you will see a lot of random videos.

[jokers10]

This possibly happens to those who invest in memes and hyped coins...
...

You can lose even if you invest in pretty reliable assets. It is based not on asset only, but on your investing skills as well. Buying on the top and panic sales, we all know that there are many who do strange and silly things at the market. And they lose investing both in hyped projects and even in bitcoin. There are so many options to lose at the market! And the one should know and understand so much not to lose, that it's not so trivial as it may seem.

[ItsCrafty]

You can lose even if you invest in pretty reliable assets. It is based not on asset only, but on your investing skills as well. Buying on the top and panic sales, we all know that there are many who do strange and silly things at the market. And they lose investing both in hyped projects and even in bitcoin. There are so many options to lose at the market! And the one should know and understand so much not to lose, that it's not so trivial as it may seem.

Everyone should understand that the cryptocurrency market is a very risky market. Here, along with profit, the risk of loss is always present.Without experience and knowledge you will be at a disadvantage whichever platform you go for, even if your choice is great.

Risks of loss are always high in meme coins.The most trusted and top coins in the market have very less risk of loss than meme coins.If you choose the top coins in the market and your entry timing is right, you will have minimal risk of loss.Even if you take bitcoin at the wrong time, you will lose.Those who entered Bitcoin at $60k will now lose if they sell Bitcoin at the current price.

This does not necessarily mean that Bitcoin is a risky cryptocurrency, but the timing of the buyers is wrong.

[Cryptmuster]

Come to think of it, when one is really trading and making enough profit, can they have time to come online and begin to make video tutorials? I am not saying it doesn't totally exist, but it's absolutely minimal. But just use the search word "how to trade" on YouTube, and you will see a lot of random videos.

Or one more question, if he really can make money on trading and he is good at it, then why should he do it at all, if he can earn as much money as he wants, and the rest of the time he can lives in pleasure and relax? The answer seems obvious to me, these traders can't make money trading, and maybe even lose more than they earn, and their lessons are just a way to earn something.

[Dr.Bitcoin_Strange]

Or one more question, if he really can make money on trading and he is good at it, then why should he do it at all, if he can earn as much money as he wants, and the rest of the time he can lives in pleasure and relax? The answer seems obvious to me, these traders can't make money trading, and maybe even lose more than they earn, and their lessons are just a way to earn something.

I am not criticizing or even saying that there are absolutely no traders making profit in their trade, because there are some traders who are making profit in their trade quite alot, but those traders who are making a lot of earnings from their trades are absolutely using their free periods to live a lauxry and having zero time to do video tutorials (it's just my assumption), while they might still even have friends who they may be putting through trading classes.

Some traders are also trading and making profits gradually, maybe earning up to $200 or $400 per month from their trades. If we still have people like that, they will not have the time to come online and begin to make videos while they are still looking forward to making more profit from their trades. I have been in that situation, I was doing sport trading, around 2021, and to be honest, some days, I don't even make up to $10 per day, it either $4, $5, $8 respectively and someday I end with loss which I will have to wait and wait until the price of the coin pumps up a bit, before I can sell and take little profit, I was moving from CMC to CG, to telegram group of projects, to their Twitter page, gathering information about tokens and coin, checking the level of their volatility, when to buy and when to sell, then I really had a lot of experience and I was only earning little from trading, not as if I never gave time to it, I did but upon that, I can not say I had a free period to do video tutorial. 

With all that, I cannot say that trading is stress-free. Good luck to whomever is going to buy  trading strategy, thinking is very easy to just use it and begin to make profit. Although if they apply those strategy wisely, they will not have a big loss.

[Finestream]

I don't take those memes seriously but they're actually funny because it happens in real life for most people. That's what happens when you're not prepared or not knowledgeable about the investment that you're taking in. And while there will always be those negative comments and thoughts from people that we don't know, don't take them as well seriously because they don't own any coin. They're just there to trigger anyone's emotion specifically us who are crypto and bitcoin investors. Just ignore them or if you want to answer them, you better not trigger your emotions or those people that are trying to flame you will be happy as they've already won the argument by flaming you.

Memes may be done through funny ways but they’re actually telling the realities not just in crypto but in all life’s aspects, and it’s up to you how you will absorb their meanings and apply it in yourself. However, the only reason I see why people say negative things about bitcoin or crypto because they don’t know it well in the first place. And they’re afraid when other people succeeded on that while they are left empty living. That’s why if you fall believing in them, it’s like you proved to them that they are right and crypto is nothing but a ridiculous investment.

[wxa7115]

Come to think of it, when one is really trading and making enough profit, can they have time to come online and begin to make video tutorials? I am not saying it doesn't totally exist, but it's absolutely minimal. But just use the search word "how to trade" on YouTube, and you will see a lot of random videos.

Or one more question, if he really can make money on trading and he is good at it, then why should he do it at all, if he can earn as much money as he wants, and the rest of the time he can lives in pleasure and relax? The answer seems obvious to me, these traders can't make money trading, and maybe even lose more than they earn, and their lessons are just a way to earn something.

The more you think about it the less it makes sense, after all why a trader which is making use of a strategy that took him months or even years to develop is going to share that information for free?

Now some may argue they want to give something back to the community or another dumb excuse like that, and maybe this excuse could be acceptable if we were talking about any other profession, but traders by definition have to be greedy and accept the fact the extra money they get on their accounts comes from the pockets of other traders, and in that case do I really believe someone with that kind personality is willing to share everything they know for no financial gain? I simply do not buy it.