borovichok
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January 01, 2024, 03:38:00 PM |
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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.
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tbterryboy
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January 02, 2024, 04:55:53 AM |
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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.
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Zaharai
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🚘Buy bitcoin and HODLE🏡
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January 02, 2024, 02:20:58 PM |
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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.
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ancafe
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January 02, 2024, 03:08:58 PM |
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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.
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aoluain
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January 02, 2024, 03:38:15 PM |
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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
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Out of mind
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I like to treat everyone as a friend 🔹
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January 02, 2024, 03:44:12 PM |
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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.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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lixer
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January 02, 2024, 07:44:05 PM |
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👉 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.
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Mate2237
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January 02, 2024, 08:08:36 PM |
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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.
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HelliumZ
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January 02, 2024, 08:26:39 PM |
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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.
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stadus
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January 02, 2024, 09:49:12 PM |
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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.
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Sanitough
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January 02, 2024, 09:57:55 PM |
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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.
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Iamcrypticguy
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Navigating the Crypto world & Holding BGB Along..
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January 03, 2024, 05:04:50 AM |
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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✅
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Kakmakr
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January 03, 2024, 05:21:40 AM |
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$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.
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MinoRaiola
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January 03, 2024, 06:29:20 AM |
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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.
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cozytrade
Sr. Member
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Vave.com - Crypto Casino
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January 03, 2024, 07:20:17 PM |
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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.
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kentrolla
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January 03, 2024, 07:34:19 PM |
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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.
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Mahanton
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January 03, 2024, 08:58:08 PM |
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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.
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passwordnow
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January 03, 2024, 10:34:18 PM |
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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.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Smartvirus
Legendary
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January 04, 2024, 06:09:51 AM |
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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.
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God bless u
Full Member
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Eloncoin.org - Mars, here we come!
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January 04, 2024, 06:42:26 AM |
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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%..
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