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Author Topic: Investing and trading in crypto: can make you or mar you.  (Read 1052 times)
Hamphser
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July 21, 2023, 06:47:50 PM
 #141

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.
Very situational if we could really say because in every investment then there's those people who do able to succeed and there's those people who do fail and ending up on losing the assets and huge money because

there's no guarantee in the first place in speaking about success because there are lots of factors which would really affect out our success and this is why getting confident on every decision you make
specially on investing is never been that ideal or something that would really be that you should gonna do. Always take have that serious approach because if you wont really getting serious to it
then you wouldnt really be able to see positive results.Although im not saying that all arent serious with their investment and even if we have done this thing but still there are really things which
arent really meant for us no matter how hard we do and no matter how hard we do try which it is really the basic principle and things that do happen in life.

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July 21, 2023, 07:28:16 PM
 #142

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I think this is a hard truth, which is conveyed by this meme of yours.  Moreover if you see most of the crypto investors world wide are in this situation because they fail to follow some basic rules and regulations. First I would say this is more the case for those who invest more than they can afford to lose. Then there are your own self-emotions. In this case, most of us investors make mistakes and sometimes even experienced ones make mistakes. I myself lost control of my own emotions many times holding bitcoins and suffered losses that I still have to bear. My current thinking is to just hold Bitcoin and wait for the next bull season with gritting my teeth and to avoid another loss without an emergency.


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July 21, 2023, 08:23:35 PM
 #143

Snip
I think this is a hard truth, which is conveyed by this meme of yours.  Moreover if you see most of the crypto investors world wide are in this situation because they fail to follow some basic rules and regulations. First I would say this is more the case for those who invest more than they can afford to lose. Then there are your own self-emotions. In this case, most of us investors make mistakes and sometimes even experienced ones make mistakes. I myself lost control of my own emotions many times holding bitcoins and suffered losses that I still have to bear. My current thinking is to just hold Bitcoin and wait for the next bull season with gritting my teeth and to avoid another loss without an emergency.

Being a trader and an investor is a choice, but both have the opportunity to profit. If you don't have good skills at trading, then you should be able to become a long-term holder. But you also shouldn't ignore the risk either even if you never intend to sell your bitcoins under any circumstances.

I believe being a long term holder can get you huge returns if bitcoin gets really bullish next year. So prepare your investment portfolio as well as possible and be patient to get returns from bitcoin. Investing and trading have risks, but every possible risk can always be minimized.

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July 21, 2023, 10:39:10 PM
 #144

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.
Both cryptocurrency trading and investment can disappoint which is the message passed through the meme posted by the OP of this thread because most people believe that once join or invest in crypto they are automatically rich whereas the risk in crypto is also high just as the profit involved. What is important is having vast knowledge about investing/trading crypto and holding Bitcoin for long term.

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July 21, 2023, 10:52:26 PM
 #145

One thing I can commend from the OP is that, the person go have edited the photo did good in using same image in a realistic way. Still, the changes remained in the vehicle in use and not the individual's arm. I expected some changes at that point as well.

Back to the subject, its not an easy thing out here especially when you trade daily, you've got to be conscious of the whole traing environment and your on going trade. Even after that, you still need to plan ahead not to end up losing your today's profit to tomorrow's trade. That's just how bad it can get.

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July 22, 2023, 11:25:03 AM
 #146

...
-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.

Yeah, exactly. I believe that investments should be diversified into many different categories like real estate, stocks, jewelry, foreign currencies, and many more. Many of these traditional investments though are very slow-moving. And as an aggressive guy that wants my limited money to grow quickly, I paid a hefty price which I hope would be my biggest mistake as I cannot imagine committing the same mistake in the future. I lost a lot of my local stock market investment which was then my main priority. My country is beset with controversies and corruption issues which makes it less attractive. Now I am hoping to earn a lot in the next crypto bull run as after it I am planning to focus on real-estate or other possible traditional businesses while waiting for the next crypto cycle. 

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August 03, 2023, 11:23:31 AM
 #147

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
Before investing, if we can invest by researching the price change chart of the crypto investment market, I think it can give us maximum advantage. Moreover, we should have utmost faith in cryptocurrencies. and always continuing to hold. Because the most important thing about crypto investment is long-term holding with trust in cryptocurrency and investing at the right time. This is what will happen to you if you don't invest in crypto currency properly and if you invest at the wrong time without researching the crypto investment market.

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August 03, 2023, 12:32:40 PM
 #148

Before investing, if we can invest by researching the price change chart of the crypto investment market, I think it can give us maximum advantage. Moreover, we should have utmost faith in cryptocurrencies. and always continuing to hold. Because the most important thing about crypto investment is long-term holding with trust in cryptocurrency and investing at the right time. This is what will happen to you if you don't invest in crypto currency properly and if you invest at the wrong time without researching the crypto investment market.
What you have to clarify, not all cryptocurrencies can be trusted. You must have seen a lot of scam projects or popular meme coins moments ago. they pump and then crash.
just believe in Bitcoin, and invest in Bitcoin. it's the best choice. after all, not all crypto can be used as a long-term investment asset. you must have seen crypto assets fall to 0. and that's the reason why we can't continue to hold our altcoin assets in the long term. Not all projects can compete in the market.

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