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Trinx01 (OP)
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May 09, 2023, 09:11:40 AM
 #1

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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May 09, 2023, 09:33:19 AM
 #2

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
sadly a lot of people who are new to cryptocurrency make this mistake, they dive into crypto thinking that it's an easy way to gain profit because of all the success stories they saw online. I hope this time you make your due diligence to know what you are getting into before doing anything especially if it involves money.

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May 09, 2023, 10:16:42 AM
 #3

If after returning you are still with old habits with altcoins, then your chances of expecting a change will not exist.
Think again if your goal is to return to altcoins.

-snip

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
Cryptocurrency is very risky, that's true, but there are ways to stay away from the risk while in the crypto space, namely choosing Bitcoin and making it a long-term investment.
Before you stop, I'm sure you already know how the crypto space is. You already have some experience in judging what coins are and are not worth owning.

We wish you a successful return to continue activities in the crypto space with Bitcoin.

R


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May 09, 2023, 10:30:13 AM
 #4

~snip~
Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

Are you talking here about someone you know personally or a friend you met online? I ask because there are people who steal other people's pictures and create fake profiles on social networks, all in order to promote some scam projects. You will ask where he got all this from, he will say from investing in cryptocurrencies and then suggest some coins on which he got rich, and so you will return to the beginning of your story.

My advice is not to repeat the mistake you have already made, which is not to invest money in something that has no meaning and purpose, as well as in something that you do not understand.

In any case, welcome back to the forum Smiley

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May 09, 2023, 11:10:04 AM
 #5

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Its good to rest since mental health is important and best decision to focus on school work before anything else. But what good thing happened here is you came back and for sure there's a lot of learnings you gain from past experiences you encounter so learn from that mistake to grow on crypto scene.

Crypto is really a risky investment but there are methods we can use or apply to minimize the risk and we can also adopt the changes especially with the news to gain from it so maybe practice to control your emotion so that you will not caught up by bad decisions and can able to think good action according to what status of the market we are on.

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May 09, 2023, 11:32:37 AM
 #6

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Welcome back and i hope you've taken your tie to learn enough about cryptocurrency all these while you've been away, this same mistake is what many people make and ended up getting them being frustrated about bitcoin or cryptocurrency without knowing it's actually their own fault, what we don't know will certainly fall us down because we are unconscious about it's existence, so how do we attack whebbwe are even a novice in that aspect, try to learn and be active, start your investment with bitcoin and avoid altcoins for now.

R


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May 09, 2023, 12:35:55 PM
 #7

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
I do hope that you have learn your lessons very well the first time. We might have different path, but the end result should be the same. Earn and make profits through our journey in crypto currency. And I guess it's good for you to stop your initial crypto journey because it didn't end well and you focus on your studies.

Yes, crypto investment/trading is very risky, if you don't have the experience, you will definitely lose big money here. And as I have said, it's a expensive lessons to learn and so with that already under your belt, it might be a different result this time. So good luck in your journey.

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May 09, 2023, 12:43:47 PM
 #8

Welcome back! I'm glad that you're continuing your journey despite any past mistakes. It's important to remember that not everyone succeeds on their first attempt, and what matters most is your determination to succeed. With the market potentially moving into a bullish phase soon, now is a good time to invest. This is just my personal prediction based on my years of experience in the market, but I always remind myself to take my predictions with a grain of salt as I could be wrong.

Whether you invest for the short or long term, success is achievable as long as you have the necessary skills and knowledge. The bull run will eventually come for both bitcoin and altcoins, so it's a good idea to start buying now and hold on to your investments.

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May 09, 2023, 12:45:46 PM
 #9

It's nice to hear that you still considered coming back even after your losses cause not everyone is willing to give a second try on something if they really lost a lot. Experiencing losses are part of risking and I've also experienced it a lot but I've learned from my mistakes so I hope you also do. I also hope that sooner, you can also achieve the things that inspire you to be back.

Crypto investment involves such a big risk. It'll either allow you to earn big or lose big with the decisions you'll make. But this forum is a great platform to learn and discover a lot especially from those who have a lot of experience already. Good luck on your journey
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May 09, 2023, 12:51:05 PM
 #10

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I hardly see any bitcoiner showing off wealth on social media, I might be wrong. But I have encountered many scammers or fraudsters on social media that got their money by cheating people showcasing the wealth they claim that got from the crypto space. If you ask them how they became very rich, they will claim they are trading or investing in the crypto sector. I am not saying that the sector can make someone rich but you should get more information from your friend. This is because his flamboyant lifestyle can lure you to make the same mistake you made.

Quote
I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Risks in the crypto sector are in levels. If your target is to make an instant profit within a short period, then you are facing a higher risk. But if you focus on investing in Bitcoin, the profit might not be big and instant but it is less risky.

R


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May 09, 2023, 12:59:52 PM
 #11

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

It always interest me seeing people learn from their past mistakes, As you've learnt so far, the crypto industry is very volatile and you should invest with caution, if you had invested with the amount you could have afford to lose, I don't think you would have felt the negative impact that much, to the extent that you almost quitted your crypto journey.

However, I would advise in my little experience here that you should have plans, don't be greedy and quick to recover loses let the past be in the past and see this as a new beginning of your crypto journey , hence if come back with the mindset of recovering the past loses , I bet you might still get it wrong the second time if you don't take care.

R


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May 09, 2023, 02:14:35 PM
 #12

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
Crypto investment is full of lessons and new experiences. It is better to retrace then re-enforce to come back well grounded and knowledgable about the market mysteries than still to consistent loss. If a trader is not confident enough to engage with the market volatility it is better they trade less and learn more. The profit will always be there waiting when the get better .
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May 09, 2023, 05:11:31 PM
 #13

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
Welcome back, mate, but I hope you take your time to learn from your previous mistakes.

If you are back again to continue your journey with altcoins, then I don't think you have learned enough lessons because altcoins are not reliable and are not as centralized as many people think they are.

The best thing to do now is to invest in Bitcoin now that the price is down, and I am sure you will benefit from it in the future.

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May 09, 2023, 05:42:15 PM
 #14

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.
Sorry to say but your second coming to bitcoin may just go the same way as your first and you thinking that you can just come to the Crypto-currency space to make money just like that will lead you to more loses, try to learn from your mistakes.

You saw your friends showing of wealth really what are you facts they were made of crypto-currency, and even if it was what did he do in crypto-currency to make such money, all I can see here is greedy and jealousy which is actually what scammers prey on. Go learn crypto and enjoy every process.

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May 09, 2023, 05:48:56 PM
 #15

I stopped my crypto journey way back last year because of so many losses and got busy with my school works
Welcome back to the forum, and learning too. Your decision to round up your formal education is a right decision; first thing first. Notably, your hiatus wasn't for a long time and I believe you will catch up with what has transpired here in your absence. Talking about what your friend has shown you as dividends from his investment in cryptocurrency, I hope you will tread carefully believing him hook, line and sinker.

Remember that it's not all that glitters that's gold. Most of these people who display the supposed luxury acquisitions as dividends of crypto earnings aren't truthful. I ain't saying people don't hit it big in cryptos. Of course people do but most of those who do make it big like to lie low.

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May 09, 2023, 07:09:19 PM
 #16

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Having thorough knowledge of the cryptocurrency sector is the best approach for someone to reduce the risk involved with using cryptocurrencies.so it is necessary that we should have good knowledge to accomplish our cryptocurrency journey.many beginners have lost a significant amount of money in the sector because they don't have appropriate knowledge of Cryptocurrency and that is what result many of them invested in the wrong projects or were duped by scammers.Therefore, before making any investment decisions, it is crucial to have a thorough understanding of the cryptocurrency.ate try to hold off on making an investment until you have additional information. And based on your explanation, I hope you will stay away from altcoins for while.

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May 09, 2023, 08:27:19 PM
 #17


Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
Welcome back OP, I hope you can learn from this forum and improve your knowledge on bitcoin. It’s possible to make money from trading bitcoin and other cryptocurrencies, but I think it would’ve been best if you had asked your friend to tell you his source of income instead of just assuming that he got all that he has from investing in cryptocurrency. I’m afraid your enthusiasm will fade once again if you do not get the results (luxurious cars and houses) that you hope for.

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May 09, 2023, 09:41:47 PM
 #18

Welcome back to you.
It's never too late to get back to the market and have your plans again and execute them while we're not yet in the bull run. But as you know, the road has never been easy to everybody. You may see other people sharing what they've achieved with crypto but it's not always the case that should be taken a look. But it's the journey on how was it for and how much losses they've made before reaching those successes that they're sharing right now. Well, just enjoy your journey OP, it may not going to be as easy as before but at least you've started again.

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May 09, 2023, 09:54:38 PM
 #19

It's great to hear that you returned to the world of cryptocurrency and learned valuable lessons along the way. If you had given up on your crypto journey, you might have lost all your invested funds permanently. I can relate to your experience as I also lost a significant amount of funds when I purchased certain altcoins that experienced a drastic decline and never rebounded. However, I didn't let that discourage me. I persevered in my crypto journey and gradually regained everything I had lost. Eventually, I became successful and established myself through crypto investments. Therefore, I encourage you not to lose hope and continue moving forward.

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May 09, 2023, 10:18:37 PM
 #20

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

Now that you're back, you need to rekindle your interest in bitcoin rather than altcoins. Your friend who inspired you must have made a fortune in crypto by investing in bitcoin over time or was just lucky with some shitcoins on a pump and dump basis. The lesson you learned from investing in altcoins should not discourage you, but rather inspire you to learn from your mistakes. I'm confident you'll understand things straight away; you can't get bitten twice in the same area if you're prepared to meet the challenge.

Quote
I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Good to have you back into the crypto space, hope you trade with caution this time around. Enjoy your exploration and be more extra careful and also confidence in your decisions.

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May 09, 2023, 10:23:38 PM
 #21

Welcome back Op, but remember not to make same mistake you made before and this time be more focused on learning rather than earning. I am saying this because you already said why you came back to cryptocurrency is because your friend displayed some luxury cars. Do not allow your friends achievements to pressure you to make wrong decisions.
You never can tell if it was cryptocurrency that gave your friend su h money. He could be a fraudster or something like that. Be reserved and steady and you will succeed.

R


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May 10, 2023, 12:41:17 AM
 #22

I hope you have learned your lessons. Cryptocurrency is a vast market. The risk is high. But if you minimize your playing field, you are also minimizing the risks as a result. If you do away with the ephemeral trends and hype and craze in the wider cryptocurrency market, which it has a lot, you will face a considerably lower probability of becoming a victim to a scam or a rug pull or a loss.

However, if your motivation is those luxury cars that your friends have, be wary with your crypto comeback. Tame down your goals and be realistic.

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May 10, 2023, 12:59:35 AM
 #23

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Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
It's good you learnt your first lesson about crypto investment (i.e Never to invest an amount you can't afford to lose) and now back once again to kickstart your crypto journey just because you saw your friend living in luxury from the profit he may have earned either from his crypto crypto investment, or trade. I will to advise you that if only you can be hardworking, dedicated and provide valuable contents to the forum, you will likewise grow very fast on this forum. Thanks



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May 10, 2023, 04:16:45 AM
 #24

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
sadly a lot of people who are new to cryptocurrency make this mistake, they dive into crypto thinking that it's an easy way to gain profit because of all the success stories they saw online. I hope this time you make your due diligence to know what you are getting into before doing anything especially if it involves money.
It’s okay to commit mistakes and lose your money since investing does not guarantee profitability at all times, sometimes you have to fail first so you will learn your lesson. The important thing here is you will not repeat the same mistakes again so you can avoid consistent losses this time, and never be greedy hoping that crypto investment will make you rich instantly. You have to exert knowledge and effort in your investment so that you can expect to prosper and create big changes in your life that is life changing.
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May 10, 2023, 05:49:15 AM
 #25

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
Last year was 2022, that was not a good time to still be holding coins, in February of 2022 the bears are strongly taking over crypto market and many crypto projects are turning into scam, anyway, you must have learn something from this loss, you probably invested in bad projects is all.

You can still made some adjustment and become a better crypto investor, all you need to do is upgrade your way of choosing projects, say no to anything meme coin and hype, focus on the project utility, the team and the partnerships they have, even if you sell your coins too late or you hold when you should be selling your coins, you won't lose to rug pulls.

Do not follow your friends footsteps, focus on yourself, your friend might be lucky than you, he might be into something more risky than you know, I have a friend who oy know how to flip money between memecoins and he have made a lot of money than I have ever made from crypto, I don't let this bother me because his ways are not my way.

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May 10, 2023, 06:20:57 AM
 #26

As a newbie I am really learning fast the importance of really learning about cryptosystem before going fully into it. Before I got into this forum, I had the believe that the quickest way to make money is going into bitcoin. I say this because any young person that is driving a flashy care and is spending big, people will say that the person is into bitcoin. But now I understand that bitcoin is a good investment but that it is not as easy as people portray it. I have also realized that people might make quick money from other means and others will say that it's bitcoin, thereby misleading others.

Please what is the difference between bitcoin and altcoin?

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May 10, 2023, 07:42:27 AM
 #27

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
Although you have lost on one side, you have gained on the other side. You stopped the crypto journey because you lost a lot by investing in crypto currency but you continued your studies. In this I think you have never done anything wrong. But we're so glad you're back in cryptocurrency. You try again I think you can turn around. Remember to invest what you can afford to lose. And definitely focus more on Bitcoin while investing. Any investor should not focus too much on altcoins. If you keep your investment in bitcoins then you would not have suffered losses so your investment would never have been destroyed.
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May 10, 2023, 08:09:49 AM
Last edit: May 10, 2023, 08:47:27 AM by lovesmayfamilis
Merited by Lucius (1)
 #28

OP, your registration was in 2020, and you came here as you were from another forum. I read your story. The big pursuit of merit, the desire to rise in rank, and the behavior of a newbie who teaches how to and not to behave on the forum do not pass you off as a newbie.  We see this often. Further, your whole story is completely immersed in discussions about Bitcoin. It is rather strange that you, who know all the advantages of Bitcoin, got burned investing in altcoins. Smiley Huh


And yes, why do your transactions from the subscription companies you participated in go back to another account? Are you sure you didn't mix anything up, or is your friend, who owns luxury cars and other riches, Alucard1? Grin

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May 10, 2023, 10:52:48 AM
 #29

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.
The first mistake you made was not understanding what crypto is all about, in cryptocurrency, we should always learn to invest any amount we can afford to lose, don’t invest any amount that’s going to affect you after losing it, I think that was the first mistake you made, you invested huge amount of money and after losing you lost interest in cryptocurrency.

Investing in altcoins is really risky, when investing in altcoin, it’s just like you are gambling, your profits is not assured, altcoins can crashed at any moment, we saw some strong altcoins that crashed last year so no altcoin should be trusted. I see no reason why you should invest huge amounts of money in altcoins. Am sure if you really understand what cryptocurrency is all about you won’t have lose that amount of money that leads you into losing interest in cryptocurrency.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.
You should have it in mind that your friend didn’t accumulate all of those wealth within a day or few weeks, so if you are going back to cryptocurrency then you shouldn’t expect to be rich overnight, it’s a gradual process, you have to understand what cryptocurrency is all about and you have to learn from your mistakes, if you don’t learn from your mistakes, if you still go back to cryptocurrency, then you are still going to be disappointed because you will keep on losing.

Make sure you get a book, make your analysis about your past experience in crypto space, take down all the possible things that causes your loss in your previous crypto journey and look for possible solutions to solve the problem.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
Most people think cryptocurrency is a easy way to make money, that’s why most newbies always lose money and they always lose interest in cryptocurrency, because they don’t believe they can lose money in cryptocurrency, most of them are always having wrong orientation about cryptocurrency before joining it, but to be honest cryptocurrency is risky, but not only cryptocurrency, every investment is risky.

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May 10, 2023, 04:37:14 PM
 #30

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

I really agree with you that players always play with risks and good investors learn more from losses . But, one should also adopt a realistic approach. To do something nothing and hope for best  is not wise level in any case, but less knowledge and inexperience regarding your field really matter. Those who we follow of whom we are inspired by, there is a long story and hard work hidden behind it which we should understand. Even if we work as hard as we can, we can achieve our goals and targets in fruitful way. At the end, you can achieve the realization of your dreams with your hard work, dedication and passion.
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May 10, 2023, 04:54:39 PM
 #31

Please what is the difference between bitcoin and altcoin?
Let me simplify it for you to the maximum explanation – Every other cryptocurrency apart from Bitcoin is called an altcoin. Bitcoin is on a class of its own while others are yolked together as altcoin.

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May 13, 2023, 01:48:34 PM
 #32


Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.


It is nice you already know that he is living a good life because of his effort in cryptocurrency and not scam like other people who don't know him will think. You can get back to your fit if you start doing the right thing.


I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Welcome back. One of the advise is that you already know the mistakes that you have done so avoid repeating such moves because it will eventually lead you to another loses. You never do the same thing and expect different result. Therefore you have to move away from what you were doing previously and try new strategy, the previous strategy was bad and no need trying what was not profiting . You can link up to your friend and get some guide from him.
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May 13, 2023, 07:27:38 PM
 #33

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
It’s good that you have realized now the value of cryptocurrency and investing on it could be the best way for now to accumulate and store a lot of crypto while prices have not reached their peaks yet. So welcome back and hopefully this time, your investment will already work while learning from those mistakes and losses you have endured in the past. Crypto is always a risky investment, but you know you are always capable to lessen the risk if you start investing from your knowledge and skills developed within yourself.
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May 13, 2023, 07:39:20 PM
 #34

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.

Yes, knowledge and understanding of BTC and cryptos in general should be present before the act of buying.
Or at the very least alongside a DCA strategy with small amounts by the time you're sure what you're doing.

It's pretty simple, who would buy stocks of companies they don't know, without understanding of what they are doing, and with no background?
Nobody.

So why do something like this with BTC or other cryptos? It doesn't make sense no ?

I'm sorry to read that you've already lost money in the past OP, but I sincerely hope that this experience made you realize that quick gains are not automatic, and most importantly, that education and patience are essential to make profits with Bitcoin.

I wish you success in your future investments, and if I have only one piece of advice to give: take the time to educate yourself about Bitcoin before you put any money into it, understand every real risk involved in owning BTC, and be patient, don't rush. Bitcoin is not going to disappear tomorrow (at least I hope not!), and those who have studied it well, in general, come to the conclusion that rushing is not useful: you won't be able to go back in time and buy BTC at 10 usd anyway. Take your time.

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May 13, 2023, 10:03:56 PM
 #35

You are welcome back into the crypto investment world, that is why we are telling people not to jump into Bitcoin investments without some knowledge and understanding, Bitcoin investments don't make person get rich quickly, or faster.  Bitcoin is more riskier than what people imagine, now that you have learn from your mistakes I wish you success in the investment world. Pls invest what you can afford to lose. The DCA pattern is one of the strategies that is good to apply, this is directly, is to hold for long and DCA till the next bull run. when the price of bitcoin drops,it is a good time to increase DCA buying and return to normal when the price is out of limit or start to recovery and the long term holder enjoy.

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May 14, 2023, 02:22:08 AM
 #36

I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
I know that feeling when you got rugged, it's really sad when you lose all your money in just one tick, I've experienced this and there's a lot of trauma you can't get, You will lose hope in crypto currency and everyone will down you. After months of searching again  and again I started to invest crypto again and it's doing well. Now, I have a business and also I can buy whatever I want in this crypto community. You can start again if you want to, always research to avoid rug and also you can't get scam. Goodluck!

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May 18, 2023, 05:26:00 AM
 #37

Whoah, I'm sorry you had to learn it the hard way, buddy, but I'm glad you gained some insights and decided to continue your journey in the crypto world because, as far as I know, this won't stop in the near future. Crypto will be a bigger industry in the future, and I think it's a privilege to know about it this early. I think it's not wrong to just step back for awhile, learn from our and others' mistakes, and kick stronger after that. Even if crypto has a fast pace, it shouldn't always be followed without a rest, especially if it affects our mental health. For now, just take it slow, gain your knowledge gradually, and also improve your emotional and risk management. There should not be a rush. This time, enjoy the process, mate.

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