Prioritizing strong foundation over quick gains

[Juse14]

I wouldn’t advise that you take investments, especially one that requires you investing a large part of your portfolio in any other coin other than Bitcoin.

Quick gains are mostly attractive to new investors who consider that they should be able to make profit from cryptocurrency, just the way early investors in bitcoins have. These new investors completely forget the strong foundation that bitcoin has and go for new coins that they believe can blow up quickly for them to make maximum gain from. New investors who are always focused on investing in new coins will mostly be victims of pump and dump schemes.

It's natural that this happens a lot to novice investors, because currently crypto and bitcoin investment has become a trend, especially among young people. Where they compete to generate profits through the investments they make. But as you said, it's a shame that some of them "forget about the strong foundation that Bitcoin has and look for new coins that they believe can explode quickly so they can gain maximum profits." They are really in a hurry to do everything, without doing a further analysis first regarding the coins they are going to buy so that instead of making a profit, in the end the investment they make only results in losses.

So it is quite important for us to spend a little time just studying and understanding the technology and intrinsic value of each crypto asset before investing. And by focusing on long-term investments and choosing projects that have a strong foundation, this can help us avoid fraud schemes and maintain profits in the long term.

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[legendbtc]

I wouldn’t advise that you take investments, especially one that requires you investing a large part of your portfolio in any other coin other than Bitcoin.

Quick gains are mostly attractive to new investors who consider that they should be able to make profit from cryptocurrency, just the way early investors in bitcoins have. These new investors completely forget the strong foundation that bitcoin has and go for new coins that they believe can blow up quickly for them to make maximum gain from. New investors who are always focused on investing in new coins will mostly be victims of pump and dump schemes.

It's natural that this happens a lot to novice investors, because currently crypto and bitcoin investment has become a trend, especially among young people. Where they compete to generate profits through the investments they make. But as you said, it's a shame that some of them "forget about the strong foundation that Bitcoin has and look for new coins that they believe can explode quickly so they can gain maximum profits." They are really in a hurry to do everything, without doing a further analysis first regarding the coins they are going to buy so that instead of making a profit, in the end the investment they make only results in losses.

So it is quite important for us to spend a little time just studying and understanding the technology and intrinsic value of each crypto asset before investing. And by focusing on long-term investments and choosing projects that have a strong foundation, this can help us avoid fraud schemes and maintain profits in the long term.

But there is nothing wrong with them investing in those new coins. They can invest anywhere they want as long as they know what they are doing with their money, if they are willing to take bigger risks for bigger rewards then they can try with altcoins .
A lot of shitcoins exist in the market but that doesn't mean all altcoins are shitcoins. If many years ago, those who were willing to accept risks and invest in ETH, BNB or Sol, now they will have huge profits that many people dream of. Recently, in 2023, I also invested in Pepe and the profit it brought me was x7 compared to my initial capital. I don't think it's a bad investment.

[Juse14]

~~

But there is nothing wrong with them investing in those new coins. They can invest anywhere they want as long as they know what they are doing with their money, if they are willing to take bigger risks for bigger rewards then they can try with altcoins .
A lot of shitcoins exist in the market but that doesn't mean all altcoins are shitcoins. If many years ago, those who were willing to accept risks and invest in ETH, BNB or Sol, now they will have huge profits that many people dream of. Recently, in 2023, I also invested in Pepe and the profit it brought me was x7 compared to my initial capital. I don't think it's a bad investment.

There is nothing wrong with this, because the risks faced are proportional to what is gained. However, for the sake of caution, and to avoid significant losses, investing in projects that have a strong foundation is the right choice. But as you said, this all comes back to a person's readiness to take risks, and a person's understanding in choosing where to invest. and it should be noted that the crypto market has a fairly high risk of experiencing losses, where many alcoins do not have long-term value. Investing in new coins can indeed provide an opportunity to make big profits, as you said. However, before we decide to buy coins, it is quite important for us to do more in-depth research first, and only use money that we are ready to lose.

[legendbtc]

~~

But there is nothing wrong with them investing in those new coins. They can invest anywhere they want as long as they know what they are doing with their money, if they are willing to take bigger risks for bigger rewards then they can try with altcoins .
A lot of shitcoins exist in the market but that doesn't mean all altcoins are shitcoins. If many years ago, those who were willing to accept risks and invest in ETH, BNB or Sol, now they will have huge profits that many people dream of. Recently, in 2023, I also invested in Pepe and the profit it brought me was x7 compared to my initial capital. I don't think it's a bad investment.

There is nothing wrong with this, because the risks faced are proportional to what is gained. However, for the sake of caution, and to avoid significant losses, investing in projects that have a strong foundation is the right choice. But as you said, this all comes back to a person's readiness to take risks, and a person's understanding in choosing where to invest. and it should be noted that the crypto market has a fairly high risk of experiencing losses, where many alcoins do not have long-term value. Investing in new coins can indeed provide an opportunity to make big profits, as you said. However, before we decide to buy coins, it is quite important for us to do more in-depth research first, and only use money that we are ready to lose.

Yes, as long as someone can perceive the risk and is willing to take the risk then they can invest. It cannot be denied that bitcoin is the safest currency and worth investing in in the long term, but we should not be too stubborn and ignore bigger opportunities. Bitcoin will no longer be able to bring x10, x100 or x1000 profits if we invest from now on. But with altcoins, this is possible and if someone is smart enough and confident in themselves, then why ignore such an opportunity when the bull season is approaching? Don't impose your thoughts on anyone.

[wxa7115]

Yes, as long as someone can perceive the risk and is willing to take the risk then they can invest. It cannot be denied that bitcoin is the safest currency and worth investing in in the long term, but we should not be too stubborn and ignore bigger opportunities. Bitcoin will no longer be able to bring x10, x100 or x1000 profits if we invest from now on. But with altcoins, this is possible and if someone is smart enough and confident in themselves, then why ignore such an opportunity when the bull season is approaching? Don't impose your thoughts on anyone.

You are not wrong, but at the same time how many people that invest in altcoins actually know what they are doing? If a person is an expert trader, without a doubt it would be a mistake to not take advantage of the opportunities they have right in front of them.

But the majority of those that invest in altcoins are not expert traders and instead they are noobs that cannot distinguish a scam from a good project, and people like that should concentrate on just finding the best coin they can and hold it for as long as they can.

[teamsherry]

The desire to see quick results of our efforts can be very tempting and some folks in a bid to get results would normally prefer shortcuts to get wealth over following the real process that involves investing time, effort, and resources into developing skills, building relationships, and creating value in themselves that will lead to a sustainable long term success.

Pursuing of quick gains will only push you into getting involved in get rich quick schemes and activities that only guarantee short term incentives and wouldn't allow you invest and develop yourself. It's one of the reasons why people prefer to diversify thier investment into meme coins and other short termed project because they are just after possible immediate results rather than focusing their investment in an asset like Bitcoin  that's known to grow steadily overtime or alternatively investing in themselves which is a sure way to increase your value in the long run.

Setting out strong foundation that's aimed at supporting long term gain is the best thing you can do for yourself and regardless of the fact that you might not be getting quick results like short term investors and individuals, the benefit that comes with long term investment in the right thing  will always supercede any quick gain that's mostly for short sighted individuals.

There is always a line between doing something the right way and overdoing it, when it comes to matters of quick profits most individuals also forget that they is also a high possibility of risk involved In it and hence when things go wrong if they had invested to much in such schemes they bear a much heavier weight of regret than most.

IMO whether it is a long term investment or short term investment, if you can mange the risk and do it the right way you can be successful. Memecoins bear a quite significant risk of failure and very little do well, so if anyone wants to invest in such he should approach with very little money.

[DeathAngel]

Prioritising a strong foundation over quick gains in life is essential because it lays the groundwork for long term success & sustainability. Building a solid foundation ensures stability, resilience & the ability to withstand challenges or setbacks you could come across. Quick gains often lack stability & sustainability leading to potential instability & maybe failure in the future. By prioritising a strong foundation you can establish a solid base for growth, development & lasting achievements.

[Die_empty]

Prioritising a strong foundation over quick gains in life is essential because it lays the groundwork for long term success & sustainability. Building a solid foundation ensures stability, resilience & the ability to withstand challenges or setbacks you could come across. Quick gains often lack stability & sustainability leading to potential instability & maybe failure in the future. By prioritising a strong foundation you can establish a solid base for growth, development & lasting achievements.

A strong foundation starts with researching and learning about the sector one intends to invest or engage in. Many people are not willing to learn because they think that doing their own research is waste of time. They just get information from the social media which in most cases turn out to be fake or deceptive. Without learning one will be open to scam and Ponzi scheme projects. Most people end up losing money because they lack the right foundation because they are in a haste to get rich quick. Anyone you hear that looses money investing in Bitcoin either lacks the right information or is impatient. Most of the people who have lost money in the crypto space invested in shitcoins and the reason is faulty foundation.

[nara1892]

Prioritising a strong foundation over quick gains in life is essential because it lays the groundwork for long term success & sustainability. Building a solid foundation ensures stability, resilience & the ability to withstand challenges or setbacks you could come across. Quick gains often lack stability & sustainability leading to potential instability & maybe failure in the future. By prioritising a strong foundation you can establish a solid base for growth, development & lasting achievements.

A strong foundation starts with researching and learning about the sector one intends to invest or engage in. Many people are not willing to learn because they think that doing their own research is waste of time. They just get information from the social media which in most cases turn out to be fake or deceptive. Without learning one will be open to scam and Ponzi scheme projects. Most people end up losing money because they lack the right foundation because they are in a haste to get rich quick. Anyone you hear that looses money investing in Bitcoin either lacks the right information or is impatient. Most of the people who have lost money in the crypto space invested in shitcoins and the reason is faulty foundation.

I see the greed involved in it and maybe I would say that they are losers who always want the maximum but instantly, however even though there is success they can achieve but yes it is clear in the end as you said that there is no balance in the long run long because they will not have the right management to manage all the money or profits they manage to get. And this is where the importance of having experience and knowledge is where we can only get all of this when we want to learn everything related to this field, where this experience and knowledge will be the foundation for balanced success in the long term, and also I think it is not uncommon for us to I see people who are easily tempted by profits in the early stages and usually they are someone who is motivated to get involved and get involved after seeing other people's success, but they don't see it from various angles, especially in terms of risks, which in the end is clear, it's not rare to see them. who are victims of fraud and even if, for example, you succeed in making a profit, I am sure you will not have the right management to maintain it when you achieve something instantly.

[Mahanton]

Prioritising a strong foundation over quick gains in life is essential because it lays the groundwork for long term success & sustainability. Building a solid foundation ensures stability, resilience & the ability to withstand challenges or setbacks you could come across. Quick gains often lack stability & sustainability leading to potential instability & maybe failure in the future. By prioritising a strong foundation you can establish a solid base for growth, development & lasting achievements.

A strong foundation starts with researching and learning about the sector one intends to invest or engage in. Many people are not willing to learn because they think that doing their own research is waste of time. They just get information from the social media which in most cases turn out to be fake or deceptive. Without learning one will be open to scam and Ponzi scheme projects. Most people end up losing money because they lack the right foundation because they are in a haste to get rich quick. Anyone you hear that looses money investing in Bitcoin either lacks the right information or is impatient. Most of the people who have lost money in the crypto space invested in shitcoins and the reason is faulty foundation.

Strong foundation would really be something that you would really be needing up which of course this would really be built up via real experience on the time that you do make out engagement.
In speaking about over quick gains then this is the time that you would be thinking when you are still a noob but on the time that reality would slap into your face then this is the moment that you would really
be making out adjustments on the time that you would be able to experience those bad conditions. You would really be telling into yourself that you do need to adjust since you do have already the experience
then it would really be normal that you would be needing to do on what must be done.

You would really be able to get those strong foundation on the time that you would be able to get such experience which it would be building up overtime as you do go ahead.
There are really just those people who are really that in a rush on the  time that they would be dealing up with something.

[AmoreJaz]

Prioritising a strong foundation over quick gains in life is essential because it lays the groundwork for long term success & sustainability. Building a solid foundation ensures stability, resilience & the ability to withstand challenges or setbacks you could come across. Quick gains often lack stability & sustainability leading to potential instability & maybe failure in the future. By prioritising a strong foundation you can establish a solid base for growth, development & lasting achievements.

A strong foundation starts with researching and learning about the sector one intends to invest or engage in. Many people are not willing to learn because they think that doing their own research is waste of time. They just get information from the social media which in most cases turn out to be fake or deceptive. Without learning one will be open to scam and Ponzi scheme projects. Most people end up losing money because they lack the right foundation because they are in a haste to get rich quick. Anyone you hear that looses money investing in Bitcoin either lacks the right information or is impatient. Most of the people who have lost money in the crypto space invested in shitcoins and the reason is faulty foundation.

If someone is relying in social media, he is just subjecting himself to being scammed. Most people who are advertising or giving piece of advise in socmed are fake or has hidden agenda. It is always best to check out the official site of any project and learn from their docs presented what is their real purpose as well as actual developments for the particular project.

[legendbtc]

Yes, as long as someone can perceive the risk and is willing to take the risk then they can invest. It cannot be denied that bitcoin is the safest currency and worth investing in in the long term, but we should not be too stubborn and ignore bigger opportunities. Bitcoin will no longer be able to bring x10, x100 or x1000 profits if we invest from now on. But with altcoins, this is possible and if someone is smart enough and confident in themselves, then why ignore such an opportunity when the bull season is approaching? Don't impose your thoughts on anyone.

You are not wrong, but at the same time how many people that invest in altcoins actually know what they are doing? If a person is an expert trader, without a doubt it would be a mistake to not take advantage of the opportunities they have right in front of them.

But the majority of those that invest in altcoins are not expert traders and instead they are noobs that cannot distinguish a scam from a good project, and people like that should concentrate on just finding the best coin they can and hold it for as long as they can.

To me, if someone has no knowledge and is not willing to accept losses but still deliberately invests in altcoins with the idea of getting rich quickly, they need to receive a proper lesson. I won't feel sorry for those people because life is fair and they need to realize that everything has its price. Don't think too simply that they don't need experience or knowledge but always want to be on par with people who have knowledge and spend most of their time researching everything.

If there were no challenges on the path to success and success was too easy, everyone could succeed. Is it unfair for those who constantly learn and constantly try while many people do not want to make an effort but still want to succeed? Investing in altcoin or any field, when you fail, you can't blame them, but check yourself and know where you stand.

[Kelvinid]

Yes, as long as someone can perceive the risk and is willing to take the risk then they can invest. It cannot be denied that bitcoin is the safest currency and worth investing in in the long term, but we should not be too stubborn and ignore bigger opportunities. Bitcoin will no longer be able to bring x10, x100 or x1000 profits if we invest from now on. But with altcoins, this is possible and if someone is smart enough and confident in themselves, then why ignore such an opportunity when the bull season is approaching? Don't impose your thoughts on anyone.

You are not wrong, but at the same time how many people that invest in altcoins actually know what they are doing? If a person is an expert trader, without a doubt it would be a mistake to not take advantage of the opportunities they have right in front of them.

But the majority of those that invest in altcoins are not expert traders and instead they are noobs that cannot distinguish a scam from a good project, and people like that should concentrate on just finding the best coin they can and hold it for as long as they can.

This is the result of following influencers who encourage noobs to invest in the wrong project. Although some altcoins are still worth investing in but the majority are scam and shitcoins. This is too difficult to invest in crypto when we don't really have any idea what is all about, a lack of research nd understanding will certainly lead us to the wrong path. That is why I encourage newbies to consider studying the market as their top priority rather than looking for a gem because it is not difficult to choose a project to invest in when we have knowledge. And most importantly, we can't easily be fooled by scammers.

[slapper]

It may be appealing, but what's it really giving you? Cheap, short-lived high. Bitcoin is different. This is about substance, not speed. Everyone who gets caught up in flash-in-the-pan agreements loses depth and advancement. Why risk something that may disappear tomorrow when you can develop something solid? Strategic Bitcoin or self-investment

Too many chase shadows. They want the short win, not the larger picture. We must identify system problems and invest in solutions, not bandages. Long-term play is the key to power. Why not invest in something lasting?

[Rockstarguy]

Prioritising a strong foundation over quick gains in life is essential because it lays the groundwork for long term success & sustainability. Building a solid foundation ensures stability, resilience & the ability to withstand challenges or setbacks you could come across. Quick gains often lack stability & sustainability leading to potential instability & maybe failure in the future. By prioritising a strong foundation you can establish a solid base for growth, development & lasting achievements.

Good foundation is everything and it is the beginning of success. When foundation is taking for granted investment or trading just last for temporary time. Good foundation bring good productivity but the reason why people don't really take their time to make solid foundation is because of impatient, they feel taking time to build good foundation doesn't matter, things can still be derived so fast without wasting time building a good foundation.

In the crypto world foundation can never be taking for granted because when it is looked down by people they will still learn the hard way by even starting afresh to start building a good foundation. Trying to make money so fast and neglecting foundation won't bring anything good,  so it is better to do things right to achieve success without any regret and lose of money.

[Antotena]

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Setting out strong foundation that's aimed at supporting long term gain is the best thing you can do for yourself and regardless of the fact that you might not be getting quick results like short term investors and individuals, the benefit that comes with long term investment in the right thing  will always supercede any quick gain that's mostly for short sighted individuals.

This used to be what many people look at before they buy any coin and when they do, they hold it for long term but those days are patient days which nobody want to practice anymore, they all want to buy a coin they can hold for atleast 2 months and makes 20x without stressing much on the market dynamics and what the coin they bought will so later, this is why meme coins now dominate everywhere without anything valuable to offer.

I remember going over some of the previous bull run, like the ICO times when you will see nice write up from whitepapers even though we know that their where a lot of scam projects but it was motivating seeing how everyone is looking at functional investment for long term but all of that are now in the past.

[Ultegra134]

You are not wrong, but at the same time how many people that invest in altcoins actually know what they are doing? If a person is an expert trader, without a doubt it would be a mistake to not take advantage of the opportunities they have right in front of them.

But the majority of those that invest in altcoins are not expert traders and instead they are noobs that cannot distinguish a scam from a good project, and people like that should concentrate on just finding the best coin they can and hold it for as long as they can.

To be honest, I'm not quite sure if there's such a thing as an expert. Altcoins—not talking about Ethereum or Solana, etc.—but those new ones that are popping up every single day are a pure gamble. It's all a matter of preference. Until recently, with Binance's Launchpool projects, I was never involved with altcoins and preferred the steady growth of Bitcoin. However, these new tokens yielded decent returns within a very short timeframe, and it was intriguing to say the least.They're either good or bad investment strategies; they're hit or miss. If you're up for the challenge, then they may be worth a try.

Ultimately, I still prefer being patient, such as I've done with Bitcoin, I've more than doubled my investment's value within a period of less than three years.

[junder]

To me, if someone has no knowledge and is not willing to accept losses but still deliberately invests in altcoins with the idea of getting rich quickly, they need to receive a proper lesson. I won't feel sorry for those people because life is fair and they need to realize that everything has its price. Don't think too simply that they don't need experience or knowledge but always want to be on par with people who have knowledge and spend most of their time researching everything.

If there were no challenges on the path to success and success was too easy, everyone could succeed. Is it unfair for those who constantly learn and constantly try while many people do not want to make an effort but still want to succeed? Investing in altcoin or any field, when you fail, you can't blame them, but check yourself and know where you stand.

If you invest without good knowledge with the aim of just getting rich in a short period of time, it seems like it's the same as losing money in style. Because in my opinion, profitable investments are long-term and with the knowledge we have, it more or less determines the future. So it is impossible to rely on fraudulent investments in the hope of getting rich quickly, because even this is not magic that will suddenly change the situation for the better it is very unlikely.

To be successful in terms of property, wealth or money, of course, we must have a process, where the process can be said to be a sacrifice whose purpose is to produce a positive right such as profit. Not only with investment, with other things such as business, in my opinion, it is the same, when the things we do fail, we must be able to introspect ourselves by correcting where we went wrong and fixing it so that it does not happen again in the future.

[eightdots]

To me, if someone has no knowledge and is not willing to accept losses but still deliberately invests in altcoins with the idea of getting rich quickly, they need to receive a proper lesson. I won't feel sorry for those people because life is fair and they need to realize that everything has its price. Don't think too simply that they don't need experience or knowledge but always want to be on par with people who have knowledge and spend most of their time researching everything.

If there were no challenges on the path to success and success was too easy, everyone could succeed. Is it unfair for those who constantly learn and constantly try while many people do not want to make an effort but still want to succeed? Investing in altcoin or any field, when you fail, you can't blame them, but check yourself and know where you stand.

If you invest without good knowledge with the aim of just getting rich in a short period of time, it seems like it's the same as losing money in style. Because in my opinion, profitable investments are long-term and with the knowledge we have, it more or less determines the future. So it is impossible to rely on fraudulent investments in the hope of getting rich quickly, because even this is not magic that will suddenly change the situation for the better it is very unlikely.

To be successful in terms of property, wealth or money, of course, we must have a process, where the process can be said to be a sacrifice whose purpose is to produce a positive right such as profit. Not only with investment, with other things such as business, in my opinion, it is the same, when the things we do fail, we must be able to introspect ourselves by correcting where we went wrong and fixing it so that it does not happen again in the future.

It is very important not to rush when investing, but to gain experience by watching the market and trying to learn from many sources. Rushing into investing and not being informed about investing can lead to bad experiences. The ambition to make quick money can also lead to making mistakes.

I agree with what you say because when we fail in our work, learning from these mistakes can bring us to a better place.

[AYOBA]

Earning or making gains quickly doesn't matter, it still depends on the investment you make or the type of coins you choose to buy. Are the ones that can bring huge profits in the future, Because that's what some people do not understand about the investment, and what causes it most is that they  do not wait to get much knowledge about the cryptocurrency investment, and they're expected to become rich in short periods of time, which is in possible accept the person is willing to lose all what it has been invested earlier. Because there's no way a person can invest in short periods of time and expect huge profits in that range.