What we all learnt this 2023

[Troytech]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

[Pandji02]

Good thing that you've learned that, congrats. I can definitely say that those are good thoughts. Some people never understand that, I hope that your crypto journey will be bright and interesting.

[Tuclikk]

I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Op that's a good idea, but on one way or the other, crypto cannot be predictable. Because we found many people gain and some loss, whereby is a risky game you either gain or lose, when you have enough to invest you go ahead to.
 In this world of today we have many investors who invest much amount of money in bitcoin, all i think is we just go for the one we can afford to hold. Not by going for just a little.
  Bigger amount comes with big win or big lose, and small amount comes with small amount or small lose, you are to decide which one you are to take in the risk.

[kentrolla]

The most important lesson which we have learnt in the year 2023 is that don't ever blindly trust any influencer as no one can predict crypto movement accurately those so called influencers just wants to make money by selling you premium channels, always do your own research and do data back testing to understand how the market will play.

Second most important thing which we have learnt is that we need to keep accumulating bitcoin regardless of market conditions as the is the safest method which eradicates risk factor to an extend.

Thirdly, We should gradually start moving away from Centralized exchanges as there were numerous controversies regarding CEX this year.

[abel1337]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Definitely a list of things that newbies would experience on cryptocurrency especially the first advice where you will take influencer posts as an investment advice. There are a lot of B.S influencer last bull market and I believe that those influencers really affected newbies by giving them into bad advices, exaggerated speculations and being unfindable when the bear entered the market. There are influencers who are posting good contents but I believe newbies should understand what those guys are telling you.

What I learned this 2023 is to act early and fast. There are a lot of opportunities I missed this year, I don't want it to happen again next year.

[Winterfrost]

Don't take advice as a conclusion but you can look into others' opinions and advice, if you find it helpful or worth giving some thought then you should do implement it. In a general aspect of life, it is good to listen to what others have to contribute or say. But in crypto, people who disseminate information re people looking for buzz online. Such as the crypto influencers on twitter and other social media. I hardly view their post and listen to their podcast. This is because they don't always share the right information. I make my own conclusion and judgement regarding speculations in my portfolio.

[Upgrade00]

This lessons has been there to be learnt for several years now.

I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Far better to invest in only Bitcoin and diversify into some other investment option which isn't cryptocurrency.

[Bananington]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

Welcome. Every experience is vital, and someone may just be learning from your lessons.

Trading is risky and investment must be done wisely.

In this year 2023, If you have made more loss from trading then you have gained then the new year should be a time for you to take a pause and then evaluate your strategy so that the losses do not continue next year.

I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

You are not wrong, Over diversification can cause more harm than good. Invest in bitcoins, and if you must diversify, ensure you are sure about your plans and have made your research before diversifying.

[Zlantann]

👉 Don't take popular opinions as an investment advice.

Popular views might also be right. But when you hear this general view, you need to do your research to ascertain if the information is valid or invalid. The prediction that Bitcoin can get to $100k is possible, so you shouldn't dispute it.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice.

I have heard people say that some groups on telegram have been helpful to them as regards to trading. However, it is important not to totally rely on trade signals from social media platforms. There is always a need to do your research.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.

Some altcoins have shown consistency and improvement over the years. However, I prefer to invest only in Bitcoin because dealing with altcoins could be complicated. This is why I would prefer to diversify my investment to other sectors outside the crypto space.

[dunfida]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

A thing that newbies should really be realizing as soon as possible. Good thing OP that you do able to realize and learnt up these things along the way on which i could say or everyone could say that this is precise.
You wont really be able to take further step if you wont really be able to realize these things first because once you are stuck into those unrealistic mindset and thoughts then you are really that committing tons of mistakes
specially on to that point above on loving on joining up groups and believing that profitable methods does exist? If you wont really be that make yourself that realize then you would really be finding yourself having that
issues on becoming that better. Keep learning as years passing by because this market could be having tons of variations on which it is really just that right that you would really be needing that adjustments so that in next time you would already be that wary on how things works and what are the things that you would be needing to do. Just keep learning until you would be finding yourself that knowledgeable and
having those skills on which it causes for you to survive this unpredictable space. 

[DaNNy001]

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

I think this particular advice of yours rings a bell because I have seen a lot of people entangle themselves because of the supposed assured signal that is shared on this telegram channels. Trading itself for newbie aren't advisable because of the risky nature of the whole act and many newbie actually feel that these telegram channels gives them an edge where as it just increase their curiosity to play and actually get those winnings promised in those channels and most of the end result always goes sideways.

[electronicash]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

some very well-known people also have predictions that are way beyond the range like $1M per BTC. these are also the people who predicted $100k last 2021.
i think when they overprice it, it means the prediction is likely not intended to happen in the current bull run but in the next 3-4 bull cycle. it's just a way to hype the market.

you don't really need to believe every influencer. but you can believe they are bullish.

[Dr.Bitcoin_Strange]

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

As a newbie, not diversifying your crypto investment is the best choice to make. Let Bitcoin be the first and only coin that you should channel your investment to, because it's more assured than other altcoins that you may want to diversify to. Newbies are less experienced, have less knowledge, and have less ability to do research on any project, which means that they have a high chance of landing themselves in some shitcoins that will not generate any profit but instead cause them to lose their money.

Because 1 bitcoin is $42k+, some newbies feel that it is very expensive and that they can't afford to buy it with the small capital they have. They may just invest in a random, cheap coin. These are the reasons why I don't advise newbies to diversify into any altcoin apart from Bitcoin. Someone who's more experienced can do so, knowing the risk involved.

[cryptomaniac_xxx]

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

I think if we see people asking for advise here, the first thing we say is that they should not. I mean you someone can easily give advise to anyone here, but it is the best to the individual?

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

Its already 2024, I don't think that someone here is still on Telegram groups for signals? They have been exposed for years already, they are just front for pump and dump (specially for altcoins). But for bitcoin? I doubt that those groups or it's members are making money.

Always remember DYOR (Do Your Own Research).

[Baki202]

The most important lesson which we have learnt in the year 2023 is that don't ever blindly trust any influencer as no one can predict crypto movement accurately those so called influencers just wants to make money by selling you premium channels, always do your own research and do data back testing to understand how the market will play.

Second most important thing which we have learnt is that we need to keep accumulating bitcoin regardless of market conditions as the is the safest method which eradicates risk factor to an extend.

Thirdly, We should gradually start moving away from Centralized exchanges as there were numerous controversies regarding CEX this year.

That is what is killing a lot of people; the way they presented so many things to them was so perfect that they made it seem as though investing in cryptocurrency would make them money in less than a few days, but this is all a lie. Influencers will make anything look good, especially when it comes to altcoins although I don't currently own any assets, I observe how they operate on social media and YouTube.


And you see a lot of channels were you pay to have access to them and since I don t even have any assets I don't bother checking them and even people that do analysis fail just because the market is unpredictable and you can use what happened months ago to happen next month its going to be different that is crypto for you. Research is very important knowing the right thing to do, and I won't agree for anyone to just keep accumulating no matter the condition it will be more convenient to accumulating when the price is down.

[lionheart78]

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

I think it is best to say weigh every opinions and investment advice.  Not all popular opinions are good investment advice but there are still some that are worth following.  This simply means in every investment, we must do our own research and only jump in if we verify the validity of the information.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

Highly agree, not all telegram group for trade signals are reliable, many of them are created for their own benefits,  some are created to even sell their holdings to people who are trap investing in a certain projects. So it is best to have knowledge of the items we are trading.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

The advice is not controversial at all.  It should be one of the first thing an investors to understand.  Over-diversification is not a good thing.  It will burn the investors than getting him profit.  Since investing in every new project not only make the investors confused due to too many investments, it can also cause investors to lose huge amounts of money because there is a chance of investing in a scam project if an investors put his money in every new project appears.

[boyptc]

Take good opinions that will help you to grow and understand more of this market. But always remember that opinions should remain opinions and not as a financial advise.

That's where people are being wrong with taking those opinions that are not good to them. They think that a popular person's saying is always right but it's not.

You're all grown up to realize what suits you and what will not. You have your own decision to make and can take advises or just simply ignore them if they are not useful.

[SatoPrincess]

This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

People who have experience in the crypto space would understand this but newbies may feel differently. It’s common knowledge in the finance world that diversification is good for business and like the saying goes “don’t put all your eggs in one basket”. Many newbies have this mentality and they invest in different altcoins believing they are doing the smart thing. It often takes personal experience for them to unlearn their theory of “diversification”

[The Cryptovator]

I learned: don't invest in shitcoins. We have seen how the Bitcoin market has been growing, but a lot of shitcoins are still down. They aren't moving with Bitcoin. A few major and reputed altcoins have shown good movement with Bitcoin. So I can say Bitcoin investment is the best if we want to invest in crypto. I am not talking about traders, because they trade everything from which they could make money. I am talking about long-term investment and solid investment. If I found Bitcoin in a low zone again, I would invest in Bitcoin rather than any shitcoins.

[Orpichukwu]

When you talk about the things that one needs to pay attention to, you should never take anything that most of the streamers do online, like they are all in there to make money and they are paid advertisers. Do your own dire search before you invest in any currency at all in order to not fall victim to some scam.
 
And on the aspect of the telegram and social media channel project promoters, they are the type of people that they are either paid to promote or they go to the market and buy some low-market tokens or coins and promote them on their page. At the end of the day, their subscribers rush to buy them, and they sell their own holdings, making their own gains, leaving the late investors stranded to suffer whatever faith the tokens have.

[decodx]

👉 Don't take popular opinions as an investment advice.
👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice.

Yeah, we gotta think for ourselves when moneys involved.  What's popular ain't always right.  Social media makes spreading opinions too easy - even bad ones.  Investing like that rarely goes how you hope.

These platforms can provide valuable information and insights, but they're also breeding grounds for misinformation and manipulation. I try to ignore the hype trains. Research and caution have treated me okay so far.

[Wiwo]

Learning continues,  and what you may think is a bad feature may be a good tool in the hands of another person,  although the points you outline are all very crucial for a newbies who have no knowledge of how the cryptocurrency industry works and wants to invest in it,  majority of those also who are affected with those points have done say because they get carried away with the outcome without looking at the risk also.

But if you as an individual who has a high knowledge and experience take your time to properly analyze and understand those features,  you will have something to hold on to and work with that will give you a desirable outcome,  but in doing that,  you must be very smart enough to identify and utilize their potentials and features to your own advantage.

[jeraldskie11]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

Just because you're new here doesn't mean you don't know enough to offer guidance. We don't know about your experiences, and it's up to us whether or not to take your advices.

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

We should always be open to receiving advise from others, but not all advice is good advice. So, no matter how good the advise in crypto, especially in terms of investment, we should always think twice and conduct study before making a decision. There are a lot of advices out there that we think are helpful for us because they are delivered well, but they are not.

[coupable]

There are so many lessons we can learn from 2023 that it may not be possible to enumerate them all. What op mentioned to is not specific to 2023 only and accumulates over the years, so I think that more important lessons can be drawn.
2023 can be considered one of the most important years in the history of Bitcoin because the treatment of governments and financial systems with it changed after what happened late last year following the collapse of the FTX stock exchange. This was the beginning of a wave of legal scrutiny of companies providing crypto services of all kinds, which forced many of them to stop their activity. This is in addition to the companies that went bankrupt after the FTX collapse, followed by the Silicon Valley Bank collapse. All of these events changed the way we all deal with central companies in the crypto field.

[Text]

You can consider other people's opinions, but it's advisable to conduct your research to verify if it's credible and has a reasonable basis. Don't rely solely on one source of information. It would be helpful to analyze others' perspectives, but balance is key, and don't be too influenced without taking action on your part. You're right, it's not advisable to follow Telegram channels because scammers are present. I'm not saying this based on what others say but from my personal experience. It's still better to follow official and reliable sources. Focus on your main portfolio; it's not necessary to have many holdings. What's the use of having others if you can't monitor them effectively?

[Stepstowealth]

...

This year, one lesson I learn is that mistakes with bitcoins mostly ends in lessons, so instead of waiting to learn lessons from your own mistakes, learn from the mistake of someone else. Mistakes? Yes.

Mistakes with sending bitcoin to a wrong address due to rush.
Mistakes with clicking links you are not sure off, links that were maybe sent to you by friends and family.
Mistakes with over trusting people and talking so much about your bitcoins.

[FinePoine0]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

What I have learned from this forum in 2023 is to make quick investment decisions. If I want to invest I should do it quickly because the Bitcoin market is constantly growing. I learned how to invest in Bitcoin from many senior brothers. There are several methods of investing in Bitcoins, among which the DCA method I follow.  And among the many other things I have learned from this forum, I have cited one reason among many.

[livingfree]

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice.

This will never get old. As the old timers have already understood that most of them are fake and not worth it to test and pay their premium service.

The new ones will still find their ways in knowing these fake channels and signal services. There's always the newer victims that they're targeting and their market won't be obsolete.

What we can do to prevent it from happening is the continuous giving of reminders that these channels aren't going to help them but instead going to milk money from them.

[GreatArkansas]

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

Among the list, this is the most common issue right now, especially for other people who are just starting and don't know some risks of this.
You can also do this but it is much better to double-verify everything, like don't fully rely 100% on other people's opinions, just use them for some basis and research also on your own.

[bettercrypto]

Everything you mentioned is correct. As long as you continue what you have learned this year of 2023, and as long as I am apart from what you mentioned, what I have learned so far is to never stop learning in the crypto space if you want to succeed here.

Although it is not easy to enter this business field, the important thing is not to stop, study, and deal with what we should know. Be prudent and cautious at all times so that we do not become victims of exploitative people who also enter the crypto space.

[LogitechMouse]

👉 Don't take popular opinions as an investment advice.

Opinions from popular influencers you are saying?

Who are they anyway? They might be popular, but are they knowledgeable enough for us investors to follow what they're saying? Investing in their recommendation is almost the same as suicidal for me. I know it's kind of exaggerated, but these popular influencers don't care about your investment. They only care about money and the money that they can get by advertising some random projects out there. I might be watching some YouTube videos that are crypto-related, but only for entertainment purposes. Take the OP's advice you newbies out there.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I

3 words. F*ck that platform.
Oh, I only talk about Telegram because I'm not using Reddit, but for me, that platform is full of scammers. Yes, it has been one of the most popular social media platforms when it comes to crypto, but the platform is also the home of scammers. I'm not using Telegram for some reasons, and I don't even fall for these scam attempts, but I wonder how many newbies these scammers lured already because of their attractive words.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.

Nope, this isn't controversial, but its the truth.
Diversification is good, but there's always a limit to it especially if you have low capital. If only you have 100$ money, it would be better if you would just invest it into one coin particularly in Bitcoin rather than investing it into 10 altcoins out there. That will not make you safer, and at the same time it will just lowers your profitability. Know when to diversify, and when not to as well.

[BTC_Dragon]

Don't trust influencers, don't trust Reddit FOMO/hype, don't listen to BTC haters.

[2Pizza410000BTC]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

What you learned here can be very useful in your life. I believe investing should not be based on the opinions of influencers. You should always invest in your own analysis and personal judgment. I never invest in other people's decisions, I always invest in my own decisions. Many influencers analyzed Bitcoin going from $100K to $100,000+ this bull season. Also yesterday I saw in the news that an influential analyst named JWK predicted that XRP will hit $352+ this kind of analysis makes newbies very enthusiastic about investing so much that they are very eager to buy all these coins after receiving such news. But in this case I think influencer analysis should not be trusted at all.

[Darker45]

This thread probably belongs to the beginners and help section.

Anyway, I agree with your advice. And having been in this market and community myself for years as well, I've also learned them through experience.

Popular opinions often don't last. So popularity can't be made as a basis for one's investment decision. The best time to have invested in Bitcoin was when it was not popular.

Reliance on public channels and platforms is more risky than reliable. Such platforms are full of scams and false experts.

While diversification is generally a wise business or financial advice, it might not apply to crypto where a good and profitable token or coin is like a needle in a haystack.

[Sexylizzy2813]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Good thing you know your right from your left in the crypto world and is best not to completely agree with those bloggers or influencers we have trying to make every prediction about Bitcoin price getting to a certain amount before the end of this year or before the week runs out, they only do that to promote their channels and let it look like they're the eagle eyes of crypto world.
If you're an investor or trader and you intend to always go with their words without having a strategy then you're not ready to make profit.
Some telegram channels who always talk about having the best signal and they sell it at cheaper rate and it's the best, fine that's how it may look like as the best but we shouldn't rush into what we have no idea of just because we want to make quick money or excessive profit, no.
Patient and getting the best advise from someone (who has the experience for years) who's willing to expand your knowledge on the crypto space without paying for it is what you need to make your experience grow. Scammers are not ready to give up anytime soon so avoiding fake telegram channels would help a lot.
There's nothing bad in putting your money in multiple crypto investment, it helps a lot but knowing where and what you're doing is better than just blindly investing in something you haven't heard of because you think is right to have different form of investment, it works for others doesn't mean it will work for you as well.
We should sometimes reduce the rate at which we take risk while investing, to make research before we start investing reduces the risk, at least we have an idea on what we're doing.

[pinggoki]

Don't take advice as a conclusion but you can look into others' opinions and advice, if you find it helpful or worth giving some thought then you should do implement it. In a general aspect of life, it is good to listen to what others have to contribute or say. But in crypto, people who disseminate information re people looking for buzz online. Such as the crypto influencers on twitter and other social media. I hardly view their post and listen to their podcast. This is because they don't always share the right information. I make my own conclusion and judgement regarding speculations in my portfolio.

That's not how you do advice though, they're supposed to help you formulate your own opinion and they're like a guide towards something that you have to create, kind of like a cookbook, you don't have to really follow what's in there because the seasoning there might not be to your taste so you add or reduce the amount to suit your needs and palate, same with discourse, the opinions will be there to help you not to be a hive mind that only parrots what the majority say but to make an informed decision and opinion that either agrees, disagrees or supports the first opinion and a lot of things.

One thing that I've learned about this year is that you never should sell your soul and being to bitcoin, learn to enjoy life and that if you're still hodling, don't make it your personality to the point that it annoys the people around you because that's all that you're talking about. That's my biggest lesson this year.

[lienfaye]

👉 Don't take popular opinions as an investment advice.

Indeed. It's not good to rely on other's opinions or suggestions. Exert an effort to gain knowledge because it's crucial and a must thing to do if you're going to invest your hard-earned money. Take their opinions as guide and not as a financial advice. Remember that you're still the one in control to have a positive result when it comes to your investment.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice.

When I was a newbie I thought this is helpful and reliable. But after experiencing to lose my money, that's how I learned that it is still best to have your own understanding.

👉 Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.

Diversifying is not bad. However, don't make it to a point that you're simply adding any projects in your portfolio just because you would like to join the ride of those quite risky coins that likely to give a huge return in a short period. Always DYOR or stick to Bitcoin if you're not certain what projects are good to invest in.

[Husires]

👉 Don't take popular opinions as an investment advice.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice.

We can say that it is better to do your own research, which is to listen to all opinions, especially those that you feel you do not understand or opinions that contradict what you see. Then, by analyzing all the ideas, you can reach general lines to know the direction of the market. The only truth is that every 4 years the highest price is broken and bottom of the market is the high of 4 years before halving.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

It is not diversification, but rather dispersion of investment in assets whose value may decline.

[wxa7115]

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

For those which joined the market many years ago this is not really a controversial advice and instead is nothing more but a fact, new investors get dazzled by all the coins that exist and the promises that the developers behind those coins make.

But once you get used to it you realize that the number of coins in which you can invest is very limited, since the majority of the coins that have been released have no purpose at all or are outright scams.

[fredericktaylor]

I learned that 2023 is an investment period, those who invested in Bitcoin early in this year have benefited a lot because the price of Bitcoin has increased a lot.  I will never tell you that you should sit and invest. Investing in Shitcoins has a high chance of loss. I have seen this year those who invested in Sit Coin are ultimate losers and those who have invested in Bitcoin are still very profitable. Because when the price of bitcoin was down below 20k, pretty much all the coins went down in price, not even a third when sold. Again if bitcoin price goes below 20k like in 2023 then I will hire nibi in bitcoin.

[Hewlet]

Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

yeah, choose a crypto you want to invest in and stick to it, new project will keep coming and might seems to have good prospect although it won't take long before they become irrelevant, choosing a particular crypto asset is the best advice.

[Blitzboy]

You are right about your distrust of crypto influencers and public opinion! Bitcoin's 100k ATH hoopla was erroneous; market dynamics are more nuanced. This market is unpredictable, so we cant expect linear growth or divine intervention in prices. Your position reinforces that independent analysis trumps herd mentality in crypto.

I completely agree with Telegram and Reddit for trading signals. Following these sources blindly is a disaster. Personal analysis is key to crypto investing decision-making, thus your input is crucial. Knowledge is power, especially in volatile, speculative fields.

Your view on over-diversification is refreshing but divisive. Focusing on a few cryptocurrencies for deeper engagement sounds smarter than investing broadly. This strategy emphasizes quality over quantity, helping one understand and connect with their investments.

[BitcoinsGreat]

Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

yeah, choose a crypto you want to invest in and stick to it, new project will keep coming and might seems to have good prospect although it won't take long before they become irrelevant, choosing a particular crypto asset is the best advice.

If we do proper research before investing in any project / coin, we are in a better position to manage our portfolio. Following the signals and other such shortcut steps won't help you build the portfolio for the long term. Also, most people just keep the altcoins with them and they forget about the potential of bitcoins.

Another thing to learn is to hold the coins for the long term is much more beneficial and buy and sell them again and again for short profits. This means that swing trading is better than day trading.

[dderekwalcott]

I would like to share my personal experience gathering knowledge by losing assets from the crypto market.People have learned to be cautious of popular opinions that are fruitful to all.Sharing knowledge and experiences will build strong bonding with the biggest community that serves great work.I believe everyone has the freedom to express their own opinion.


Proper knowledge : risk management, avoiding scams, market analysis, security, empowerment and long term investment these are the key points to become a successful trader and also successful business man.

Understanding the complexity of Bitcoin and trading helps to understand and manage risk effectively.This knowledge shall allow individuals to make informed decisions and reduce potential harmful steps.

Skipping social media rumour : Avoiding Scams from Telegram , Reddit, Twitter and other media because most of the news we are getting from these.So use experience and knowledge to resist the highest level schemes.we cauld get scammed by other sources but above are the most common place where we get generally scamed.


Learning from mistakes : This is the most important part of my opinion or you can say suggestion.Because it gives you education in hand that you never forget in your life.It teaches us to be a complete successful man in any sector.

Invest renowned tokens and coins: Always invest in popular and big coin like - Bitcoin, Ethr, BNB because they never quit from the market that reduces the big losses.

In short, knowledge is the foundation for making informed decisions, mitigating risk, and navigating the complexities of Bitcoin and trading effectively. 2023 gave me teaching a lot about crypto. I hope it will never happen this mistakes next year .

[This is all about the discussion of my knowledge, experience and my point of view if anyone has a different opinion, this is their rights.I always appreciate others opinion]

[Crypt0Gore]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Good advice but it's impossible to invest in every single projects that come out, you will eventually run out of money, but I will like to correct this, that if you have more than 5 assets in your crypto wallet they will become more harder to manage, and the more you add to your bag the difficult it becomes, but it's impossible to invest in everything, just looking at the numbers of assets in crypto space and how they are increasing everyday it will piss you off.

There is nothing new I learn this year though, just the same old lessons, if anyone tell you that mistakes can be completely avoided it's a big lie, to avoid high transaction fee on Bitcoin I used a fake Bitcoin wallet and I got my wallet drained, I got so mad but got over it later.

Mistakes can't really be completely avoided, but it's better to take time doing anything in crypto space to avoid making stupid mistakes and be willing to take your learning skills to higher level.

[Obari]

One thing you must understand is that nothing is guaranteed in the cryptocurrency industry and that’s why it is always very advisable to Do Your Own Research (DYOR)  I’ve never been a fan of crypto influencers because I know those guys are just after their personal interest and always chase after referral bonuses and I actually don’t see them as trustworthy and anyone listening to them should be doing so at their own risk

I personally don’t fancy signals and though I’m not good with analysis, I still prefer using my predictions and in cases where I have to get a signal from outside, then I have to sure to do more research on that very prediction and signal to avoid blames.

Simply put it that we should stick to bitcoin  and this has always been my advice to anyone who ask me about coin for investment as i actually don’t see any reason to invest in alts except there is some sort of  hope in it

At the end I just want to add that we shiiid only invest what we can afford to loss

[AicecreaME]

I agree.

Though, having some insights from other sources is not that bad because it can help you to broaden up the possiblity of a certain coin, either it's good to short or long, something like that. Totally relying to others technical analysis and fundamentals is not a good thing though, there's no growth their, since you're like a parasite living through a host, without it, you're nothing.

For me, an independent trader will always make good profits in the long run, even though losses can't be avoided in the process of enhancing skills in trading.

[deathcode]

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

some people spread their investments across multiple projects in the hope of faster returns. it's like new projects. they put a little money there for luck if the new asset can pump high.
but it would be better to just focus on a few assets that are truly the best. such as focusing on long-term Bitcoin investments. New projects will only last a short time. even though it is successful, but if we lose momentum, we will not get anything.
reducing the diversification of assets we own may be a good choice.

[satscraper]

This 2023 we learnt that the network can be spammed by stupids who are trying to turn blockchain into virtual drawer to store their worthless junk, the fee  can rise day by day, the hardware wallet company that you actually trusted all these years in reality lied to you, the mixers can be banned even on this forum and so on.

And when you realize all this stuff the understanding comes that Bitcoin is as vulnerable to human ignorance as every thing on the Earth.

[btc78]

👉 Don't take popular opinions as an investment advice.

It is okay to look for advices especially here in this forum i, myself, have learned a lot from reading through various posts here and i have found out about many different ways to earn from crypto aside from investing so it is not all bad

However it is still important to make your own research especially if you are investing someone’s goals and objectives might not align with yours so you have to curate your strategies based on your capabilities and goals

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

I also agree i think that diversification should be recommended but some people just buy too much i am guessing that it is because they can afford it however investing in too many projects might distract you from all the other projects

Research dutifully and only invest in ones you think have the greatest potential to give you most profit instead of dividing your money to so many different ones

[taufik123]

I also agree i think that diversification should be recommended but some people just buy too much i am guessing that it is because they can afford it however investing in too many projects might distract you from all the other projects

Research dutifully and only invest in ones you think have the greatest potential to give you most profit instead of dividing your money to so many different ones

Diversification should not be done carelessly because everything certainly requires research in accordance with the project to be chosen to invest.
Diversification in general aims to mitigate risk while reducing volatility in investment portfolios over time.

Too many projects will indeed distract and not focus on the main project.
But this requires good management, the chosen project is a project that is trusted and already has good development,
so it has the potential to provide profits when the market is bullish.

Examples like holding ETH, SOL, ETC, BNB and some other altcoins that I think it needs to be included in my investment portfolio.
But the main investment is still Bitcoin with the largest amount of investment.

See in this image illustration

Source: https://pintu.co.id/academy/post/cara-diversifikasi-crypto

It's like there are 3 types of food that describe the category of each coin to be invested.
Each food menu has several toppings and other side dishes.
Bitcoin is the main dish menu with more portions than others.

[God bless u]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience

As a relatively new member in this forum. I must say you've learned quite a lot of valuable things in this forum. and your advice are very useful for new members of Bitcoin community who preparing to start their venture into Bitcoin world and in this forum.
About the telegram signal groups. my opinion is  a bit difference than yours tho. I agree that most of them are not reliable but there are some groups which provide good signals. even those are also not 100% safe and accurate. but that is common in trading. also these are things you can't do by your own at beginning you have to learn them from somewhere or someone.

[lovesmayfamilis]

I can’t say that I realized that there is no need to bustle with market unrest this year, but the fact that I have become more confident in this is true. I have adopted the attitude of not worrying and following the ups and downs of Bitcoin as little as possible since it still returns to its trodden path. Now is the time for accumulation, and when purchasing regularly, it is better not to pay attention to the price. But one of the best understandings that came to me this year is that we need to understand why we invest. Mere accumulation turns into an empty journey, and the absence of desires turns life into a half-dead existence.

[Natalim]

This year taught me something about the importance of trusting the projects we invest in. It means that as we choose this project, we also believe that it will grow and give us profit, and of course, we are willing to hold. But if we already have doubts inside this never happens, better choose to sell them and make another choice because that will only cause losses. That is why when deciding to buy this coin, we have done the research first, not just after. We don't need to hurry, try to spend more time searching and looking for the right one, and of course, it should be in good timing - buying low. All the effort will be paid off in the end.

[majeed]

Welcome, rookie! First, congratulations on learning the hard way. Popular opinions? Pfft. Like sandcastles, they're attractive but vulnerable. Exactly right about Bitcoin's price! Market mechanisms, not divine intervention. Whether there is a bull run or not, Bitcoin is a horse in a field of ponies. It's got stamina, legacy, and it's here to stay. Period. Moving on to those prophesiers on Reddit and Telegram. They often don't know what's going on. Your trading self-reliance call? Brilliant.
Over diversification, you say? Completely agree. A targeted portfolio is fundamental. A few well-selected cryptos will do. Bitcoin should be your crown treasure. The crypto is a movement and emblem of financial progress. Keep going and you're part of history, not just an investor. Keep going!

[Natsuu]

I agree.

Though, having some insights from other sources is not that bad because it can help you to broaden up the possiblity of a certain coin, either it's good to short or long, something like that. Totally relying to others technical analysis and fundamentals is not a good thing though, there's no growth their, since you're like a parasite living through a host, without it, you're nothing.

For me, an independent trader will always make good profits in the long run, even though losses can't be avoided in the process of enhancing skills in trading.

I agree too. Trading smart involves mixing insights from different sources with your own thinking. Going solo in trading lets you adapt, learn from both wins and losses, and refine your strategy over time. It's about finding the right balance between external perspectives and your own game plan for sustained success in the dynamic world of trading. This forum surely helps a lot.

[Zoomic]

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

I agree with you on this.
Lots of these social media mentors who teach newbies are only doing these to gather traffic on their social media platforms. Most of the information they dish out are their personal opinions which often times are not from verified sources. There are still good and dedicated ones among them though and the only way to find out is by carrying out personal researches from different sources so that you can tell on your own when the social media groups or self acclaimed mentors are giving out false information to the general public. You can only fall victim of this their scam teachings and advice if you over rely on the information they give out. Some of the information they give are real though but when you know what you are doing, you won't just be a blind follower .

[boty]

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

some people spread their investments across multiple projects in the hope of faster returns. it's like new projects. they put a little money there for luck if the new asset can pump high.
but it would be better to just focus on a few assets that are truly the best. such as focusing on long-term Bitcoin investments. New projects will only last a short time. even though it is successful, but if we lose momentum, we will not get anything.
reducing the diversification of assets we own may be a good choice.

By investing in several projects, of course we will really hope that there will be benefits from the investment we make and of course we will be able to easily get profits if the project we choose can develop well.
What you say is very true, it would be better for us to focus only on a few assets that we choose to invest in and with Bitcoin which has been proven we can invest and hold for a long period of time to be able to make a profit, because if we choose to invest in a new project which will not necessarily be able to make a profit, of course we will experience losses if we cannot get a profit from the new project.

[traderethereum]

By investing in several projects, of course we will really hope that there will be benefits from the investment we make and of course we will be able to easily get profits if the project we choose can develop well.
What you say is very true, it would be better for us to focus only on a few assets that we choose to invest in and with Bitcoin which has been proven we can invest and hold for a long period of time to be able to make a profit, because if we choose to invest in a new project which will not necessarily be able to make a profit, of course we will experience losses if we cannot get a profit from the new project.

Before investing, we should gather as much information about the project as possible. This is to support the research we do in finding the right project.
But most people are too lazy to do it and just wait for advice from other people to start investing.
Yes, I also agree to focus on a few assets rather than observing too many because that can confuse us when making decisions.
Investing in bitcoin is a valuable lesson this year because the decline in the price of bitcoin to its lowest price gives us the opportunity to buy bitcoin at that price.
Many new projects can also provide benefits, but we have to do research first to make the right choice.

[Alpha Marine]

All your advice is very valid and we should all follow them, although it's only to an extent.
The fact that you shouldn't take others' opinions on investment advice doesn't mean we shouldn't care about or respect what they say. It's okay to have certain people that you respect w bit and listen to, but don't follow their advice like it's a cult. Do your own research to verify if whatever they're telling you is true or not.

This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Diversification is good, but it should only be for people who understand what they're doing.

To me, you should have just Bitcoin than to have so many investments where you lose all of them in the end. A lot of people just want 100x of their investments and fear of missing out, that's why they're so prone to scams.

[ancafe]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

In the end, all of this is fake and depending on other people's understanding or giving too much trust to other people's thoughts will actually hinder us from developing. I don't offer advice, predictions or any sources that say about Bitcoin's journey, but it's much better if someone can study it for themselves before making a decision. Because we will be quite disadvantaged if we have thoughts and we never consider reviewing them independently.

Avoid excessive risks by knowing the bitcoin journey process and when we understand the process, I am sure it will be much easier to invest or even trade. Basically, we have to know what Bitcoin is and how it works, after that we can learn other things that are needed.

[Zanab247]

I believe, those that are investing their money in different crypto will learn their lesson 2024 because some of the coins they invested their money in this year has not show any improvement that will make their investors to smile from their investment because, their price is still low in the market. But if you make BTC and BNB your choice in this 2023, I believe you will have every reason to continue investing on them when ever their price dump in the market because they always help their investors to make profits from their investment when the price pump higher.

I learned so many things that will help me to improve next year in BTC investment which I will not allow what happened this year 2023  to happen next year 2024 because I invested all my money on one coin BTC hoping that it will pump higher before the end of december.

[shepherd_gee]

Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

What's the essence of making analysis and extensive studies over something you can't predict its outcome. Yes! Its important to make researches and studies before you invest in such an unpredictable and vulnerable project, but deep down after investing, in the end you're left with little or nothing. Men are in a dark room controlling the market, that's my thoughts over this market intuitively.

[Litzki1990]

You may have heard this year that Bitcoin could reach $100,000 but earlier this year we heard rumors that Bitcoin could reach $100,000. This is generally said to be the case considering the amount of investment and other aspects, but this is not always the case. If Bitcoin can get close to $70k then it is not too difficult for Bitcoin to touch $100,000. If the price of Bitcoin continues to grow the way it has in the last six months, it will only be a matter of time before the price of Bitcoin reaches $100,000. We need to be patient enough and wait for the time when the price of bitcoin reaches one hundred thousand dollars.

[tread93]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

I 100% agree and would agrue that I am 100% in on BTC, as well as these other cryptos: ETH, XRP, I do like Monero, Solana definitely seems to have promise. Helium. HederaHashGraph/HBAR. That is pretty much all of the ones I like. The majority I am really HODLing on is all BTC, ETH, and XRP.

[synchronym]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

op I agree with you of course we can trade without trusting someone's word when we trade. Because the Bitcoin market is always risky. So before trading bitcoins we must check the market and have confidence in ourselves to trade in bitcoins. Because if we trust someone if we trade bitcoin many times we may face losses like losing money. So we need to have a long term plan before doing bitcoin with time. We will be successful if we trade bitcoin with time.

[DapanasFruit]

One of the biggest lesson I learned and experienced in the year 2023 is the virtue of waiting. People who do not have the skills and the inclination to do trading should just do the holding with the best cryptocurrencies that we have. We should understand that waiting is not an easy thing to do most especially if one is not financially well-off...as there is always that pressure to cash-out. I am sure that in 2024 those who failed to wait will be shaking their heads in disbelief when looking at the prices of coins and tokens in CMC or Coingecko.

[Richbased]

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

Of a truth a lot of investors are so focused on predictions and speculations by some big names in the crypto space but yet most of their speculation never came through. Focusing on ideas of some crypto analyst is never a good step though it's good to make speculation because those speculation also gives an edge of optimism towards the future of cryptocurrency but one shouldn't be carried away because it may come through or it may not come through

[Assface16678]

One of the biggest lesson I learned and experienced in the year 2023 is the virtue of waiting. People who do not have the skills and the inclination to do trading should just do the holding with the best cryptocurrencies that we have. We should understand that waiting is not an easy thing to do most especially if one is not financially well-off...as there is always that pressure to cash-out. I am sure that in 2024 those who failed to wait will be shaking their heads in disbelief when looking at the prices of coins and tokens in CMC or Coingecko.

Well, that is a good lesson, and I hope this lesson should also be reliant on other bitcoin investors, especially those newbies in bitcoin, because now many investors or new investors think that investing in bitcoin will be a quick-rich scheme or that they will see profit in the short term, which is not the case. A bitcoin investment is a long-term investment for you to see a profit, or a very good profit. Although bitcoin is long-term, there is a way to earn short-term profit, but profit is profit. We can't argue with that. That's why patience is very important in bitcoin investment. In order to have a good profit and a good mindset, an investor in bitcoin should not be impatient, because being impatient means money or capital will cost you, so this lesson should also be manifested by those investors who hope for a quick result from their investment in bitcoin.

[Fivestar4everMVP]

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

This last one is it for me, and this is actually like it's God speaking to me right now, telling me that I am worrying myself too much on something that at the end of the day, might not even yield any fruit, or the fruit it yield might not worth the stress I am allowing myself go through at the moment.

I think I have more than 50 to 80 cryptos on my watchlist, and lately, while the market sentiment shifted from bear to bull, I've been trying to see how I could invest in all of this projects in preparation for next year's halving and possible bull, I've actually been struggling to earn enough money to enable me invest in all of this projects, and this have even been costing me a peaceful night rest.

But reading this here today and now, I think I will to choose two out of all those projects, the two I think will perform well and just focus on those, I already have investment in bitcoin, I will chose two more altcoins and just unwatch the rest.

[boty]

By investing in several projects, of course we will really hope that there will be benefits from the investment we make and of course we will be able to easily get profits if the project we choose can develop well.
What you say is very true, it would be better for us to focus only on a few assets that we choose to invest in and with Bitcoin which has been proven we can invest and hold for a long period of time to be able to make a profit, because if we choose to invest in a new project which will not necessarily be able to make a profit, of course we will experience losses if we cannot get a profit from the new project.

Before investing, we should gather as much information about the project as possible. This is to support the research we do in finding the right project.
But most people are too lazy to do it and just wait for advice from other people to start investing.
Yes, I also agree to focus on a few assets rather than observing too many because that can confuse us when making decisions.
Investing in bitcoin is a valuable lesson this year because the decline in the price of bitcoin to its lowest price gives us the opportunity to buy bitcoin at that price.
Many new projects can also provide benefits, but we have to do research first to make the right choice.

For some people who just wait for advice from other people in investing, of course it will be difficult for them to get what they want. Currently, I think it is very rare for people to tell us about projects that really have potential and we have to look for this information ourselves if we really want it. we profit from investing.
I agree with you, it is important for us to do research first so that we choose well about the project we will choose so that we don't experience losses on the project we choose.

[Japinat]

No one holds the future of crypto. While most of the crypto influencers claim that they've seen it coming and they know exactly where this present crypto market is heading to, then the more that we should start avoiding them. Know that what they are doing is just to establish hypes and fuds, and if you are completely weak, you will really fall on their traps. Ignore the hypes and you will have a safer crypto investment.

Paid or free channels are never reliable. Invest on your own knowledge first before you invest to them. Remember that in crypto, there's no one you can trust but only yourself. So be as knowledgeable and experienced as you are so you can always rely on your own market analysis and predictions.

[traderethereum]

For some people who just wait for advice from other people in investing, of course it will be difficult for them to get what they want. Currently, I think it is very rare for people to tell us about projects that really have potential and we have to look for this information ourselves if we really want it. we profit from investing.
I agree with you, it is important for us to do research first so that we choose well about the project we will choose so that we don't experience losses on the project we choose.

They won't always get what they want. Even though they can get advice from other people, that also doesn't guarantee they can get the right project to provide profits when the market changes direction.
They must understand this and try to learn to analyze themselves so they do not depend too much on other people's advice.
However, we are responsible for the money we bring in so we have to analyze it well.
Doing research is a way to avoid mistakes from choosing the wrong project, and even though we haven't succeeded in finding the right project, at least we have tried, which means we still have to continue to learn better.

[ancafe]

Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

Did you know that trading and investing are different and both must be done responsibly with knowledge. Investment does not require technical knowledge because you only need to invest in coins that have a level of maturity and most importantly the coin you choose has the ability to survive in the market like bitcoin. Trading requires being able to see many things because you can't get involved in it just relying on luck. Most people don't learn to understand trading properly, so on many occasions they lose money in such a short way.

Controlling risk also requires maturity because it is not easy to control risk when someone experiences losses in trading. That's why we have to know the difference between trading and investment and also see where we are compatible when we want to get involved in one of them.

[harapan]

One needs to be logically and analytically guided before investing.

Just so you don't miss out on tracks,or you seek for assistance/mentorship from certified or knowlegable personnels.We've all learnt from this;it's a good thing we can all learn and gain advice from our teammates...let's be guided in 2024.

[Kemarit]

One needs to be logically and analytically guided before investing.

Just so you don't miss out on tracks,or you seek for assistance/mentorship from certified or knowlegable personnels.We've all learnt from this;it's a good thing we can all learn and gain advice from our teammates...let's be guided in 2024.

We learned a lot thru our journey in crypto, in the beginning, we thought that it's easy thingy, that it will be smooth without bumps. But sooner or later, we will found out that investing specially in Bitcoin will take a lot of mental fortitude, you need to be tough specially if you are going to be a holding.

It's very hard, because when you see that your portfolio is going down, you think of selling and pushing the sell button. But then again, after many years, you will understand that it's not necessary the case. You might be just emotional and not thinking logically. However, if you have the experience and learn something from being in the market for so long, you won't simply just go and sell because you know that someone will just buy it out from you and that you will lose in the end, so just better HODL on it.

[Yamifoud]

One needs to be logically and analytically guided before investing.

Just so you don't miss out on tracks,or you seek for assistance/mentorship from certified or knowlegable personnels.We've all learnt from this;it's a good thing we can all learn and gain advice from our teammates...let's be guided in 2024.

We learned a lot thru our journey in crypto, in the beginning, we thought that it's easy thingy, that it will be smooth without bumps. But sooner or later, we will found out that investing specially in Bitcoin will take a lot of mental fortitude, you need to be tough specially if you are going to be a holding.

It's very hard, because when you see that your portfolio is going down, you think of selling and pushing the sell button. But then again, after many years, you will understand that it's not necessary the case. You might be just emotional and not thinking logically. However, if you have the experience and learn something from being in the market for so long, you won't simply just go and sell because you know that someone will just buy it out from you and that you will lose in the end, so just better HODL on it.

After all; we've learned how to be patient, we've learned how to adopt the market behavior, and last, we've learned to accept mistakes.
All the experiences we had last year seem to be a guiding tool for us not just this 2024 but for the coming years. The volatility of the market still exists, we can't make it perfectly which is why losses are still possible but I believe we can avoid big losses if we correct our mistakes in the past. As we welcome 2024, it is gonna be full of hope and optimism that our journey went so well.

[0t3p0t]

Learning from mistakes while sharing the lesson is the best thing in the world of crypto it is because it helps others who did the same mistakes we've experienced in 2023 or the past years. What I had to share here is the most common weakness in most crypto enthusiast in this industry which is having weak hands. Regret will surely follow if we got a weaker hands and I know you are familiar of it as well. 😅

[mirakal]

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

some people spread their investments across multiple projects in the hope of faster returns. it's like new projects. they put a little money there for luck if the new asset can pump high.
but it would be better to just focus on a few assets that are truly the best. such as focusing on long-term Bitcoin investments. New projects will only last a short time. even though it is successful, but if we lose momentum, we will not get anything.
reducing the diversification of assets we own may be a good choice.

Diversification does not only limit among cryptocurrencies, but we have also some physical investments like gold or real estate, so why won’t we stick to bitcoin and diversify it with real estate? I believe real estate is way safer and profitable compared to some random altcoins that are only valuable at first but loses its value in the long run. But see to it that you are also knowledgeable about real estate properties before you decide to invest on it, otherwise you will end up like gambling.

However, there’s no wrong diversifying your bitcoin with altcoins, as long as you are investing on the right and highly potential coins. Altcoins are like pump and dump scheme, so you need to DYOR well and invest with caution so you won’t be regretting if ever your investments gone wrong.

[Ziskinberg]

I can’t say that I realized that there is no need to bustle with market unrest this year, but the fact that I have become more confident in this is true. I have adopted the attitude of not worrying and following the ups and downs of Bitcoin as little as possible since it still returns to its trodden path. Now is the time for accumulation, and when purchasing regularly, it is better not to pay attention to the price. But one of the best understandings that came to me this year is that we need to understand why we invest. Mere accumulation turns into an empty journey, and the absence of desires turns life into a half-dead existence.

I’d say if you follow bitcoin’s ups and downs, you will definitely have a roller coaster ride, and for me that will only add confusion why you are with bitcoin in the first place. No matter how its price drops, no matter how bitcoin sucks, just focus and stay motivated on your goal, which is to maximize your bitcoin portfolio through buying consistently at a regular basis, buying regardless of its price.

Bitcoin brings a lot of uncertainties in the market, but no matter what, our goal will always be certain. We deeply know the potentials of bitcoin, so we should just trust the process and trust bitcoin, and not to worry whenever bitcoin is not at its best.

[borovichok]

Learning from mistakes while sharing the lesson is the best thing in the world of crypto it is because it helps others who did the same mistakes we've experienced in 2023 or the past years. What I had to share here is the most common weakness in most crypto enthusiast in this industry which is having weak hands. Regret will surely follow if we got a weaker hands and I know you are familiar of it as well. 😅

2023, I learnt alot, benefited alot and also lost heavily. Feeling remorseful when our entries in the market doesn't end up in our expectations, our very goal is grabbing golden opportunities, then we exerts our initiatives on these investment that would yield to good prices. Regrets happen to us every single time we split our chances and see losses. We all have stories to talk about when it involves the market, a very tough market is precisely not a solid foundation for our investment, we just have to stick to getting profits at our ends by all means.

[tbterryboy]

Don't take popular opinions as an investment advice.

That's one of the biggest mistakes newbie investors make, they take every opinion and suggestion and even analysis as a piece of investment advice because they think that every single person who says certain technical words are market expert and everything they utter is going to be true.

Stop relying on Telegram channels or Reddit groups for trade signals or investment advice.

I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.

Those group creators and operators are pretty clever because they always target newbies since they know they are the most vulnerable in the market and someone who has some knowledge would never consider them trustworthy for their financial decisions.

Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

I always see people having their capital spread in so many altcoins, that you will see them holding $5 worth from every single altcoin that you can find in the top because they think they can get more profit this way but they are wrong. More coins in the portfolio don't guarantee higher returns.

[Zaharai]

I think Telegram channels can only help you, and can help you enhance your experience a little bit more, but when you depend on Telegram channels to do something, it's definitely bad for you, because then you're just as good. Can't learn.

[ancafe]

I think Telegram channels can only help you, and can help you enhance your experience a little bit more, but when you depend on Telegram channels to do something, it's definitely bad for you, because then you're just as good. Can't learn.

For me this is not effective because it depends on something to other people will not give birth to good knowledge and understanding. To improve experience might be able to learn many things and it is not only limited to the telegram channel because there are many social media also talking about the same. In the end they will ask for payment for all the tutorials they teach and the level of effectiveness may not be fully we can get.

The tendency of learning in others is good as a comparison material, but when someone cannot make his own study it will be very unfortunate. Learning from others to increase knowledge is not a problem and we are also required to have alternative knowledge to decide before drawing conclusions.

[aoluain]

I can recall exactly something NEW I have learned over 2023 but I 2023 has been another
year to remind us of the usual bits of advice which are perpetual really. . .

Be patient - if HODL'ng or Trading its very easy for to make the wrong trades at the wrong
time or sell at an inopportune time.

DCA - continue to practice Dollar Cost Average

$hitcoins - as many have said already, stay focussed on Bitcoin, dont get side tracked by
the hype about $hitcoins

Fees - coming to terms with the fact that transaction fees are going to be higher

[Out of mind]

Don't take popular opinions as an investment advice.

When an opinion becomes very popular and people believe in it in large numbers, it should not be believed lightly. Again there are many popular opinions which are 100% correct, so trusting them is very beneficial. For example, when you see predictions of different people where bitcoin is predicted, then you must believe them because we believe them and they are correct. For example, Bitcoin is predicted to touch $100,000 by the year 2025, and many of us believe this prediction, and most investors believe it to be true, so many times popular opinion turns out to be correct.

[lixer]

👉 Don't take popular opinions as an investment advice.
👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice.

Yeah, we gotta think for ourselves when moneys involved.  What's popular ain't always right.  Social media makes spreading opinions too easy - even bad ones.  Investing like that rarely goes how you hope.

These platforms can provide valuable information and insights, but they're also breeding grounds for misinformation and manipulation. I try to ignore the hype trains. Research and caution have treated me okay so far.

It is our money, so yeah. If we have no knowledge, then we better not continue. Or we can as well, but we should study on our own first. If something is popular, there should be a way to tell if they are legit or not, like for example by basing through the feedback of the people.

There are fake feed backs as well, so we must be careful but I think they are only easy to spot if we do our research or by simply recognizing what the topic is all about. I think some social media can detect it as well and give their users a warning. It's great to know that they also care. To ride the wave or the hype is hard and risky. So if you think you didn't have what it takes yet, your decision of ignoring it is better.

[Mate2237]

If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers.

From the above quote, you are not a newbie an alt account of a senior member. But that's not withstanding and let discuss what you said. Op as me in the cryptocurrency ecosystem market place, public opinion is very much necessary because there are some coins or projects that you will to invest because of the value in the market but you don't have to just invest in it but you need to make some inquiries to know if the project is genuine or not and with that different answers will arrive then you choose the important one and filter the rest.

The only place I will not take advise is telegram. That social media platform is for scammers channel.

[HelliumZ]

Old years teach us how to survive the new years. 2022 was a bloody chapter for Bitcoin but 2023 taught us how to survive this bloody chapter. If those who invested in 2022 were patient and held on to their investments, they might have been this good. Got a good profit in the situation. So the old year 2023 was indeed a very patient year for investors. Also, although not a significant event this year, the Bitcoin ETF approval proposal and the removal of Binance Exchange CEO CZ are an important part of 2023. Have a great 2024 and let everyone change themselves and be prosperous in this year.

[stadus]

One thing that I’ve really learnt from 2023 is to always put bitcoin investment on top. Bitcoin no matter how volatile it is, it will never settle into a low and frustrating value but will always try to give us high and impressive price. Hence, DCA is the key regardless of its current price so we will reach maximum amount of bitcoin earned.

Also, being greedy does not make you a profitable one but will only lead you into series of losses due to unplanned decision and actions towards bitcoin investment. So we should learn not to fall for it as much as we can.

[Sanitough]

The last one is what hit me the most. I had the same mindset before with diversifying my portfolio, I think if I can diversify my crypto investments, that will give me massive profits in the future. But I was totally wrong, not all crypto investments are reliable and profitable. Bitcoin is the only most trusted crypto in the market, and the rest are just created to bring hypes and make you lose eventually from your investment.

I’ve learned that in order to maximize profits, bitcoin should be our focus. So I’m already learning from it and was able to maximize bitcoin accumulation by then.

[Iamcrypticguy]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

In all DYOR, don't be greedy and good luck✅

[Kakmakr]

$100 000 per Bitcoin can still be reached, if the ETF are approved in the US. A lot of these speculators thought that the decision would have  been made in December, but that did not happen.

Telegram is a nest full of scammers and criminals ... so most serious Bitcoiners stay away from that platform for advice.

There are more shitcoins and investment schemes out there, than what most people know about, but people do not care to do proper research before they dump money into it...  they are just too greedy.

[MinoRaiola]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

And I would like to add one more thing. Trust Bitcoin. The year 2023 has shown us how strongly the price has go up. Starting at around $16,500 and today we are at $45,500, these actually say it all. Of course, the year before wasnt so good, but doesnt everyone know about the 4-year cycle? And that it is currently happening. 2024+2025 should give us even more confidence in Bitcoin, I think that will happen and that many other people will finally be calm. Bitcoin is not dead and never will be.

[cozytrade]

From what I've learned, what types of investments can be expected to do well and which investments have a high risk of losing money. Choosing the right project is of utmost importance for every investor. So that the investor does not have to face losses after the investment. Every investment carries some degree of risk, but Bitcoin carries much less risk. Bitcoin investment is much safer than other investments. Thousands of investors have been able to change their fortunes by investing in Bitcoin for the long term. From what I have learned so much I can say that Bitcoin investment is the best for new investors to invest in.

[kentrolla]

I have convinced myself and learnt that DCA is much better option than occasional investments and mutual funds. If one wants to invest into Bitcoin it should be DCA. Also, I have learnt that crypto market can rally anytime hence it would be better to hodl some potential altcoins as well which have higher profit yielding tendency and stay away from shit coins, never go with expert opinions we get through social media or premium channels.

[Mahanton]

I know I'm kinda new here to be giving out advice on this forum, nonetheless I've been on the crypto space for some years now and from my mistakes and personal experience I can say this:

👉 Don't take popular opinions as an investment advice. If there is anything I've truly learnt from my time in this forum, is not to follow popular opinions or crypto influencers. Making reference to a trend some months ago about bitcoin price reaching an ATH of 100k this year which is obviously not going to happen because of the current price and market conditions, I guess it would take the hand of God to make that happen and we aren't even sure if we are in a bull run or not.

👉 Stop relying on Telegram channels or Reddit groups for trade signals or investment advice. I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

In all DYOR, don't be greedy and good luck✅

Short and precise! I would definitely be agreeing into these words on which it all matters on how you do make your own research and wont really be that making yourself greedy at the same time there's a little bit mix of luck and this what determines whether you would really be that successful or not into this crypto venture. We wont really be able to know unless we do try and this is why we would really be able to see different outcomes or results basing up on the things that someone has been doing. Some might also be lucky on particular point and there are some who are really that unfortunate. In speaking about loses and mistakes then it would really be just that normal since there's no such thing about being a perfect investor or trader or whatsoever on which we would really be able to incur losses on which it would really be just that normal.

On this case it would be always best that you should really be making yourself that having being versatile or on having that adaptability in terms of the situations that you are really be able to encounter with.
We do know that mistakes and errors are normal, so it is really just that right that you would be making out adjustments basing up on what you have learnt in the past.
It is something that you could really be able to apply and make yourself way more better than before.

[passwordnow]

The reminders are all good and this gives us the advise that we shouldn't be reliant on what people are saying and what they suggest to us. Learn to know where to give in and take that advises because it's not them that shall control the steer of your crypto journey and the assets that you own but it is you. You're the sole decision maker on this market even if the entire market is too volatile at all. You'll have to bear with all of the motions that you see and adjust whenever it is necessary.

Don't take opportunities taken for granted and what I've learned is always to be patient. I've sold a lot in the early times and still thinking about it and that's why life has to keep moving and I have to move on and learn from those mistakes. I hope that you OP and the others who have been here will have wiser decisions and don't let the crowd boo you down when you're not going along with them. Don't think that there's a need for someone's validation for every action that you do because no matter what they say, it is you that will take the losses and the risk and only you shall rise for doing the right actions and decisons.

[Smartvirus]

I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

You know, upon first having to read that, I missed the from my knowledge part. I was really focused on the part where you said complaints and that felt like a page taken out of popular opinion except, you are saying the same thing then, I would have said, get your own experience with it if need be to have a proper perspective and then, you can talk about it even better.
One thing is for sure though, being such a dependent is one way to discourage yourself and not believing in the things you can do as per being creative with analysis, indicators and even them signals.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Can people really do that?
I mean, that would be bringing gambling in almost all its attributes to investing. While it might be looked at as throwing away pennies, the penny could be accumulated to make a dollar. You be sure on your terms that, it’s going to boom but, even on your terms, 99% will still be flawed.

[God bless u]

I think Telegram channels can only help you, and can help you enhance your experience a little bit more, but when you depend on Telegram channels to do something, it's definitely bad for you, because then you're just as good. Can't learn.

Telegram channels can be good source of information for those who know what they are looking for. Depending on Telegram channels and making your investment decision 100% on the basis of Telegram channel's signals and analysis then you are putting yourself in high risk.
Always consider to check the projects by yourself. check their websites, audit details and everything which can be helpful for your due diligence. then make your investment decision.
That will reduce your risk a lot. if not 100%..

[Y3shot]

One thing that I’ve really learnt from 2023 is to always put bitcoin investment on top. Bitcoin no matter how volatile it is, it will never settle into a low and frustrating value but will always try to give us high and impressive price. Hence, DCA is the key regardless of its current price so we will reach maximum amount of bitcoin earned.

Also, being greedy does not make you a profitable one but will only lead you into series of losses due to unplanned decision and actions towards bitcoin investment. So we should learn not to fall for it as much as we can.

In the beginning of 2023 many did not believe that bitcoin price will get to this amount because of how slow the movement of the price was. But one thing we need to understand about market is that even if the price gets down it can never remain the same, even if it gets dipper with time the price of bitcoin will still increase back. Dips in bitcoin have really deceive people from hodling their bitcoin,  dips are just like the wind, it doesn't last forever.

[Fatunad]

I know everyone has their decision and perspectives regarding to this but from my knowledge and complaints I've seen on this forum and other sources, most persons ends up with negative experiences from this.
Trading is risky and investment must be done wisely.
I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into.
Always do a good background check up before investing in any project.

You know, upon first having to read that, I missed the from my knowledge part. I was really focused on the part where you said complaints and that felt like a page taken out of popular opinion except, you are saying the same thing then, I would have said, get your own experience with it if need be to have a proper perspective and then, you can talk about it even better.
One thing is for sure though, being such a dependent is one way to discourage yourself and not believing in the things you can do as per being creative with analysis, indicators and even them signals.

👉 This advice might seem a little controversial, but I think it's helpful. Stop over diversification, what I call over diversification is putting your money in every crypto project that comes your way.
I think it's far better to have few crypto that you are constantly, than investing violently in so many project.

Can people really do that?
I mean, that would be bringing gambling in almost all its attributes to investing. While it might be looked at as throwing away pennies, the penny could be accumulated to make a dollar. You be sure on your terms that, it’s going to boom but, even on your terms, 99% will still be flawed.

On the time that you would really be able to experience for yourself on what are the things that you could really be able to so then this is where self experience would kick in on which it would really be just that normal that you would really be needing to take further steps for you to make yourself that able to survive or sustain this unpredictable space or market. Learning is limitless on which we know that there's no such thing about the pinnacle of knowledge when it comes trading and handling out this market. Market does have tons of variations on which it would really be just that normal that you would really be needing up those kind of adjustments
if ever you would really be able to encounter such new things along the way.

What those mistakes that you have done on last year wont be  surely be forgotten as you do go forward and become that knowledgeable due to lots of experience then
you would really be finding yourself that able to handle out such condition as you do go forward. There's no way that we could be able to make ourselves not being
wary on such situations or conditions because we've been already exposed on such conditions in the past.

[danadc]

What should be noted about 2023 is that we always have to be patient, it is a year that was very good for me, a little more could have been done with Bitcoin as time went by, it can be said that the price was not always bad, There was good news in this, and I can always show that things are very possible to do well, that is why things should always be considered, I am very optimist and I can say that it was a prosperous year, that I learned a lot about the market. I don't know much about Bticoin but the articles are going to educate me and I can understand many things that I didn't before.

The articles can sometimes be very accurate, other times they are not, but in part we must all put our interest in it so that the rest of us Realize that bitcoin is the way out of any Economic adverity, Despite the fact that it is at risk of fall into Reality and the reality that people can look very good so that they can earn money, it is easier to earn money and be and have a good position than with the traditional methods that we have alway sAdhered to.

[Pi-network314159]

You have made a quit impressive points and I admire you for that. For me what I learnt in 2023 is never trust a newly listed coin in any exchange. The Price might pump so high and change your sense of reasoning of thinking that it will increase the more not knowing its a trap. I baught a newly listed coin thinking it will pump after some hours. I baught the coin which worth $33, it pump up a little and my fund was about $36 Going to $37 and I was happy thinking it will continuously rise because the more investors buy the more it increases.

After some hours of rise to my greatest suprise there was a great decline of About %30 I was thinking it will pick up and was waiting for my fund to come back so I can sell and get back my fund. but it keep declining, I try selling but my selling oder was pending. I cancelled and retry selling but my fund was below selling oder of $4 which I couldn't Sell anymore.

So my lesson is that don't buy a newly listed coin which has no reputation or dont have a huge market capitalisation or market dominance, because most of those project are trap to get liquidity and dump.