A mistake you would surely regret

[Sanitough]

There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

You're right indeed. Your money, your rules, so you can chose to invest on your own. However, trying to invest in a variety of altcoins will never guarantee multi profits. Instead, it will only make you more susceptible to losses most especially if you ended up investing in the wrong coins. The risk to lose is certainly high, once you entrusted your funds more into altcoins than bitcoin.

[Ojima-ojo]

Should we say the bull movement is over yet or the party is about to get started, because what I can see is a mainstream price lump up and for now the correction is still very much ok for Bitcoin and 66k is way high price enough, although those that jump in when the price was above 72k have made a lot of lost since then, but the fact that Bitcoin is not for short term base makes it mandatory for them to wait and not be in a rush to exchange back there investment.

We hard Bitcoin ETF approval in 2024, and also Bitcoin halving Around the corner with it essential ability to push the price forward.

[freedomgo]

There are those types of investors that are looking into quantity and not quality because that's their principle and strategy on this market.

To me, that's fine because it is their money and whatever works for them should be done by them because they believe that works.

But based on my experience and what I have seen with many folks, it doesn't really work like magic because the more you invest in various altcoins, the more complicated your portfolio becomes.

You're right indeed. Your money, your rules, so you can chose to invest on your own. However, trying to invest in a variety of altcoins will never guarantee multi profits. Instead, it will only make you more susceptible to losses most especially if you ended up investing in the wrong coins. The risk to lose is certainly high, once you entrusted your funds more into altcoins than bitcoin.

Exactly. Don’t fall for altcoins most particularly when there is bull run as you are increasing your risk to lose from buying them at a high price, as there are no guarantees that they will continue to gain higher price but may suddenly dropping their prices anytime. Instead, stick to bitcoin.

However, if you are interested to buy altcoins, buy when the market is bearish at a minimal amount. That way, even if you lose in the future, at least you only lose few of your funds, so that won’t be a big deal for you.

[Hamza2424]

In 2017 when I came to know about bitcoin, its price was very low.  Currently it costs 70000+.  At that time 2017 I should have bought some bitcoins.  I regret it now.

Now it the biggest digital asset trading in the market with the biggest market capital. Not only you, Now many urge to buy it but I do not know why there are so many investors are rushing to buy it now they should have bought it when it was trading at a very low price but this is so true that People follow trends they do not follow or take action on anything until it comes into the trend but the time they take action it gets too late for example for a current market condition many are interested to invest. I am not saying that investing in the current time will not make a profit for them I mean to say that they can make even more profit if they have bought when it was trading at a lower price.

Besides this, haha you are not the only one person who is feeling regret of not buying you will find so many stories on social media out there many still feel too much regret about why they did not buy Bitcoin when it was trading for only cent but now what can they do? haha... only regret missing the golden opportunity of buying at low.

[DaNNy001]

Should we say the bull movement is over yet or the party is about to get started, because what I can see is a mainstream price lump up and for now the correction is still very much ok for Bitcoin and 66k is way high price enough, although those that jump in when the price was above 72k have made a lot of lost since then, but the fact that Bitcoin is not for short term base makes it mandatory for them to wait and not be in a rush to exchange back there investment.

We hard Bitcoin ETF approval in 2024, and also Bitcoin halving Around the corner with it essential ability to push the price forward.

I can you tell you that with this little set back so many people that aren't fully acquainted with the market have started fearing that the bull is over and they have even started resulting to sell off their coins but if you are with the thought that Bitcoin isn't a short term investment then you would understand that the market is actually just warming up towards the major events that is up ahead. Past records show that the halving is actually a good time for Bitcoin investors because after it comes the big bull that pumps so high and I hope this time around still turns out the same.

[Albarq]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

The first coin, Bitcoin. Second to fifth is up to you, you can enter coins like Ethereum and four other coins that will potentially not make you lose money.
Fast investments that offer high percentage prices for each project you invest in are not a guarantee.

I dare say investing in Bitcoin is safe if you are willing to be patient for a certain time.
Today's price increase of almost $73k was once only half of today's price.
Apart from being safe, Bitcoin is not a fraudulent coin.

Meanwhile, you want to invest safely in Bitcoin, but the risk of losing is greater, so a little courage for the long term for the future with a little self-confidence provides opportunities to always think about. In my opinion, accuracy needs to be paid attention to in Crypto, the point is to minimize bigger opportunities.

[KiaKia]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

There is no point getting into something you have no idea about, but there is nothing we can do to safe them from their own decisions, what is awaiting them is real life lessons, hopefully they are brave enough to learn from their mistakes.

I have made tens of my money from ALTs in this year alone, not too long ago I made over $6000 from a altcoin, using $300, all I did was buy and wait, but I could tell before buying this altcoins that its worth the risk, there aren't so many like it and in just few months it surges very high.

The problem is identifying good alternative crypto projects like this, many newbies don't know how and thats why they fall victim to many scam projects, I was able to tell the difference because I have learned a lot from the past years in crypto space.

Bitcoin is the most recommendable, and altcoin is the most risky one, if you must embark on alts journey you must have the proper qualifications of identifying the best of the best, at least for the bull market to make money and take profit.

[Kelvinid]

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Knowing more first before making a move or else, will give us an unacceptable end.
Many people are doing this, they invest in a project because someone (a known person or a friend) suggested it. This is very usual because we trust them but it should not be like that as we need to verify the potentiality and reliability of the project first prior to buying. These common mistakes will never happen if we keep thinking that a good investment comes from a good choice and research. Investing in a project blindly will never succeed instead, more on failure. We can't call ourselves an investor if we neglect to do research nor do we call ourselves smart.

[Zanab247]

There is no way you can stop all newbies not to invest in a scam project, and there are some newbies will be seeing you as the scammer planning to block their way not to invest.

And once they loss money on that scam project, they will now realize what you told them in the past not to put their money on anyhow project, and for you to know all those good projects, check their population because every good project Carry population of customers.

I have loss some money in new projects, when I was a newbie that made me to learn more to know how to select good projects that will bring good profits, and it hard for me to invest my money on new property in the market  these days no matter their package.

[Fiasem20]

Newly projects that pumped into the cyptro space is quite risky to invest on because you barely know how long it would last in the crypto space or what if it's a scam project.Many investors have been scammed because of the deceptive views of newly projects.Many investors have been scammed because they choose to follow the crowd with no knowledge on making wrong decisions that end with regrets.It's very important for an investor to carry out proper research before investing on shitcoins.

[odunybiz]

Newly projects that pumped into the cyptro space is quite risky to invest on because you barely know how long it would last in the crypto space or what if it's a scam project.Many investors have been scammed because of the deceptive views of newly projects.Many investors have been scammed because they choose to follow the crowd with no knowledge on making wrong decisions that end with regrets.It's very important for an investor to carry out proper research before investing on shitcoins.

New project can be risky and also profitable sometimes. Some people have made it in the space investing in some new project while some people have loss all their life saving investing in it. I can't really advice people to invest in all this new project but if you are interested in it, you should make a good research about it and only invest the little money you can avoid to lose as they may be abit dangerous

[Belarge]

New project can be risky and also profitable sometimes. Some people have made it in the space investing in some new project while some people have loss all their life saving investing in it. I can't really advice people to invest in all this new project but if you are interested in it, you should make a good research about it and only invest the little money you can avoid to lose as they may be abit dangerous

Regrets are surplus but there's always new opportunities every single day in the space, just know what to do and comprehend the top duties. We make dangerous moves and adapting to previous and current status of the space. We attend to all the risks available in the space but making mistakes is not part of them. Remember there are mistakes that will send one directly to trenches because it involves huge losses. Making thorough research about these projects will safely persuade one to be able to guide ourselves and generate significant profits.

[Abbatty]

I think most people will still make same mistake again because of the following reasons;

1. Greed.
2. Laziness to seek knowledge about crypto.
3. I just want to be a crypto investor.
4. Get Rich Fast.

Like most people lose a lot of money in crypto because of the above stated reasons, I know a lot of people who have lose huge sum of funds in the last bull year just because they want to be a coin owner, without seeking proper knowledge about the coin they are investing in and end up been scammed because they believe crypto is some kind of Making money fast type of project. And again there people who even have the knowledge about crypto and still end up losing funds too just because of their Greed.

[ferida504]

You can't stop them and they're more aggressive this bull run. I have no idea who has put in the minds of mostly beginners about having x100-x1000 with their investments. They truly are prone to scams with that mindset whilst the ones that are into safe investing by having their money in Bitcoin doesn't have to think about such. A lot sure will get into new projects thinking that they're early on those but, they should be wary about the rug pulls aren't gone and those developers that have been doing that will just repeat the process trying to lure these poor investors that have no idea of what they're up to.

Before making a decision, you should re-analyze what you want to do even though the green light is clear, because it could be a trap for us and this trap can make us sink in investing in the world of cryptocurrencies, believe me, if something is taken hastily, it will the consequences are not good, don't be quick to jump to conclusions. It is better to have small profits with good analysis than to expect big profits but make big mistakes when taking a stand

[cryptoWODL]

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Most of the people these days want to get rich very quickly so they are attracted by the glory of greed and often do wrong things like investing in various meme-coins or shitcoins. But I see this tendency among newbies because when they first get into cryptocurrency they think they're going to get rich quick, so they get greedy and lose all their money by investing in the wrong coins. Greed attracts people in a way that makes them more aggressive in their attitude to invest because they are addicted to profit.

OP what you said about investing what you can lose is absolutely true. Because whenever you invest your entire money if you lose it completely due to investment losses then you will face more losses. So, to avoid total loss, it is advised to invest only as much money as you can afford to lose. Moreover, investing may not be easy as it requires a lot of skill, judgment and analysis. Many times people are not successful in their investments despite being experienced and doing proper analysis.

[Moreno233]

I think most people will still make same mistake again because of the following reasons;

1. Greed.
2. Laziness to seek knowledge about crypto.
3. I just want to be a crypto investor.
4. Get Rich Fast.

Like most people lose a lot of money in crypto because of the above stated reasons, I know a lot of people who have lose huge sum of funds in the last bull year just because they want to be a coin owner, without seeking proper knowledge about the coin they are investing in and end up been scammed because they believe crypto is some kind of Making money fast type of project. And again there people who even have the knowledge about crypto and still end up losing funds too just because of their Greed.

You have said it all. The key point is that people want to become rich overnight that is they invest in anything that promises them that. The hype is at the peak at the moment and creator of these shitcoins are milking people dry using influencers to draw people into their scam.

One funny thing I have also noticed is that most newbies are preaching HODL but this time their HODL is not Bitcoin but shitcoins which is like holding a bag of shit. They actually know that the profit is in long term investment but their choice of investment is the problem.

Unfortunately, many people will still fall into scams and hate/curse cryptocurrency. This is natural to happen just that we should ensure that we are not victims.

[doomloop]

Newly projects that pumped into the cyptro space is quite risky to invest on because you barely know how long it would last in the crypto space or what if it's a scam project.Many investors have been scammed because of the deceptive views of newly projects.Many investors have been scammed because they choose to follow the crowd with no knowledge on making wrong decisions that end with regrets.It's very important for an investor to carry out proper research before investing on shitcoins.

New project can be risky and also profitable sometimes. Some people have made it in the space investing in some new project while some people have loss all their life saving investing in it. I can't really advice people to invest in all this new project but if you are interested in it, you should make a good research about it and only invest the little money you can avoid to lose as they may be abit dangerous

People need to understand that new projects carry a lot of risks despite the potential they carry for high returns, and I don't think it's worth it. You can't risk all your capital for some returns because if you make investments where you get small returns but have your capital secure then it is much better in my opinion. This is why I always prefer making investments in old and mature projects which have higher potential to provide returns whether they are big or small.

Investors these days are investing large amounts in meme coins just because they know they have the potential to sometimes provide great returns but they ignore the fact that meme coins can also potentially eat up all your investment in case they don't manage to get enough community hype.

[Sakanwa]

In life,I can say the mistakes we have made, becomes the experience we have,and those experiences are what matures us and makes us strong.We are humans,and making mistakes will always be part of us.If we don't make mistakes,there is no way we can get experience about a particular something.I as a person have made so many mistakes I am not proud of,and those mistakes tend to build me into being the man I am today.Now before I take any step,I must try to calculate the risk involved,the losses and the gains that will come out of that specific move.

[Bryan jessy]

Yes it's another bull run and everyone that invested in a scam project or lost money in the last bull run are already filled with FOMO and shouting to the moon for new projects they have no knowledge about, many Influencers are out again promoting new projects and promising huge returns and you can see a lot of persons in the Comment section following and wants to invest.

Don't let the green you see everywhere confuse you to forget the basis of investment, do your own research and don't follow the crowd that has no knowledge in what they are doing, don't let greed push you into looking for outrageous profits like 100x on new projects and you end up losing your money to scammers.

Avoid rapid investment or aggressive investment by putting money in every project available, take your time to research and make informed decisions, it's better to have only 5 good coins in your portfolio than to have a 100 shit coins there.

Lastly invest what you can afford to lose, or rather stake what you can afford to lose cause I know no matter the advice many read they woudl still invest in shit coins so stake what you can afford to lose.

Right! when I joined Bitcoin someone who introduced me here made it clear to me that this platform is not a "get me rich quick platform" he said I should concentrate on getting to know how to work with the threads read through very well and learn from others, and I should take my mind off anything money making machine , though I actually don't have that ideation of getting rich just in a twinkle of an eye because everything good in life requires patient and hardworking. It is only someone who is not patient enough and view hard work as a stress that can actually fall for scammers and live to regret their mistakes. So it is good to learn from others mistakes most especially when it has to do with the Internet because you can not afford to risk your funds all in the name of fake investment.

[Y3shot]

By this time I expect people to know the right thing to do when making a decision to invest in cryptocurrency,  in the past people went ahead to invest in new projects that are shitcoins,  will can say they took  a decision like this maybe because they were ignorant thinking that these new project can give profit but it is so surprising seeing people still repeating the same mistakes people longtime ago, atleast these mistake of investing in new project that are not reliable should be a good lesson for people to make good decisions in going into cryptocurrency.
Not every investment is a good one in cryptocurrency, that is why it is important for one not to rush into new projects,  no need for rushing into it because their good reliable coins that are profitable that one can still invest in than going for new projects which you can't tell if it is good or not.