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Author Topic: Learn and observe the market  (Read 161 times)
Y3shot (OP)
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June 26, 2024, 10:02:33 AM
 #1

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

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June 26, 2024, 10:33:57 AM
 #2


With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.

Not at all except those wey dey trade am and  no be every trader dey make profit. So don't only depend on crypto, find other hussle join body.


Getting profit shouldn't be all we are waiting for but to also learn from the market events .

But las las na the aim be that. Make we tell ourselves the truth, if you dey learn or observe crypto market as investor e no for just for the sake of being an observer, rather you dey do am so that you go fit make profit on top am whether you dey trade am or weather you dey hodl am. E just be like people wey say dem dey gamble for fun  Grin we all know where e dey boil down to. So to join your voice, it is good to have a fair understanding of the market so that even when price dey drop you go know say na the season to buy and not to sell. And you go also know say na bitcoin fit give you guarantee ROI on a bull, even when the value of your btc don really drop.

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June 26, 2024, 10:45:11 AM
 #3

With all being said, it's still all about making profits if we're actually hodling for investment the difference motive of bitcoin is the alternative means to execute payments.
It's normal for investors being sentiments with the market changes but the truth is that your grieved emotions wouldn't make different to the market price.

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June 26, 2024, 10:50:13 AM
 #4

Getting profit shouldn't be all we are waiting for but also learning from the market events.
What should we learn from the market? That it's volatile and can experience ups and downs? That's more like the prerequisite knowledge every newbie normally gets exposed to. Every Investor or trader that's in the market and that's learning from the market like the way you put it is doing so just to make a profit from the market. Your knowledge isn't complete until you've applied them in practice and the best way to know that you've studied and known the market is when you've gained profit from it.

For long term holders that are interested in buying during periods when the market is experiencing some downtrends it's understandable to talk about learning the market and knowing that bears are part of the market. But for those that just want to opt in and out as fast as possible and still get some profit from whatever they made the short term investment on, when it's going down, there is nothing there they would want to learn and understand most expecially when what you've invested into isn't Bitcoin. Profit has ways been the main and fundamental goal at the back of every investors mind and That's why they most times don't enjoy most bears.

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June 26, 2024, 10:59:29 AM
 #5

Me as a newbie my only focus is on Bitcoin I fear other cryptocurrency so much and I don't think I will ever be interested to invest on them, what you have said is very current is good to study the market very well however me that is only investing in Bitcoin I really don't see any need to study the Bitcoin market because I know it will fall and certainly rise the only people that should be worried about the market is those people investing on other cryptocurrency.
I don't have fear in Bitcoin market I'm using the DCA strategy for my accumulation and I think people that are trading Bitcoin could also study the market since they are trading but for those who are holding for a long term shouldn't worry too much about studying the market. As a newbie all we should be concern about is knowing about Bitcoin have the knowledge.
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June 26, 2024, 11:08:11 AM
 #6

Getting profit shouldn't be all we are waiting for but also learning from the market events.
What should we learn from the market? That it's volatile and can experience ups and downs? That's more like the prerequisite knowledge every newbie normally gets exposed to.
Some people are aware of the volatility of the market still they do not really understand that it is unpredicted and different from what they speculate about the market. We all have that believe that the price of bitcoin may get to a particular price in particular time. It is expected that what we see in the market change the mindset about Market.

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June 26, 2024, 12:00:43 PM
 #7

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.

Of course every investor should not only go in for the profit but they should also study the market when they find themselves in it striving to succeed. Understanding the market’s fundamentals and behavior is an essential part of investment that cannot be overlooked if you want to succeed. It takes more than buying bitcoin and holding to be a successful investor but as a beginner if you can’t fully understand the market I would suggest you let it bee for the time being so you don’t get confused along the way. When you have in depth understanding of the market you increase the probability of success and reduces the likelihood of failure.


I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

I de feel say this thing fit de difficult for newbies to grab so sticking with the easy idea of earning profit go better for dem because las las na profit be everybody aim for investing but if dem go fit learn how to understand the market then e go d to their advantage.

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June 26, 2024, 12:21:26 PM
 #8

Learning and observing are key fundamentals that at the very start are what is required and also along the investment period, it is required to execute what we have learned so far. One thing I have come to understand is that learning never ends, not just in other things but also in Bitcoin investment. Most times we feel we are okay with the knowledge we have gathered so far but it comes to a point that we tend to face difficulties where we need advice that is why going to learn more comes in.

No doubt Bitcoin may seem complicated when the price fluctuation is much, but patience is required in this case so that we won't in a haste make some mistake that will hinder our investment. By having patience, we are observing and understanding what's needs to be done or not. This is an interesting topic and I have learnt a lot from it.

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June 26, 2024, 12:40:49 PM
 #9

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .


OP, the major reason for individual investment in Bitcoin is profit, learning the market concept is good because it prepare your mind to adapt to any occurrence in Bitcoin investment, knowledge they say is power that's why it is advisable for every to have the basic knowledge to learn in the system, that's market is in such a way that if youbare not conversant with it, you can panic along the line because of mere market fluctuations that can lead you to a quick regrettable decision.
Although many people just get into investing in Bitcoin without a little research about it, there mindset was that they will make profit very quick and such people has been disappointed long ago because the market doesn't guarantee that, there know tricks in the market, it is open for everyone to invest and reinvest until it gets to the profitable point, thats why as a new and old investor, we need to make more research if we really wants to make Bitcoin our major asset.

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June 26, 2024, 12:58:58 PM
 #10

I just hope our interest in the market is not just only anticipating to make profit in the market

Is there any other thing we should be anticipating for outside profit?, Because from what I know, the opposite of profit is loss. Please, elaborate more on this.

Quote
Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. , but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

There is a big need for us to understand how the market works, even if it's not in a technical way. So, I believe the message you are trying to pass is for us to stay calm, even when Bitcoin experiences a dip?.
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June 26, 2024, 02:17:33 PM
 #11

Getting profit shouldn't be all we are waiting for but also learning from the market events.

Really? What are we to wait for, if not that(profits)? The crypto market is not a friendly place you can say, let me hodl my crypto coins forever, nothing will happen to it via a price decline. The price volatility is uncontrollable, it can have your crypto assets messed up to losses. Would you like to experience that? I think, no cos nobody would like to.

Profits from our crypto investment are what everyone is silently waiting for, we are looking forward to that "next year" cos we really to take advantage of it. Had it been there's nothing like profits(increase and decrease) in crypto, do you think you and I would be here to invest in bitcoin or other top altcoins? You should get it straight that we are all here to make profits from crypto and nothing more again to learn from the crypto market cos it offers nothing more than that.

R


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June 26, 2024, 04:04:37 PM
 #12

If u want to earn plenty profits from d crypto industry like what other people are earning from d crypto industry, u need to have d knowledge of d crypto industry because we have two season that happened in d industry which are bull run and bear run, and people take advantage of d two season in d industry to achieve what dey want.

When u observe d market price very well before u buy and hodl, it will allow u to hodl for long period of years because it will give u d opportunity to see d bull run that will make u to earn big profits that will allow u to invest when time come.

It hard for those that had d crypto knowledge to experience loss in d crypto market because dey no d price that will go to make them happy when dey sell, because dey have learned how to make regular profit from d market.
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June 26, 2024, 04:32:57 PM
 #13

Let's tell ourselves the truth every investor actually came to the market to succeed and make profits even if we shouldn't focus on only profit making but that is the primary motive of every investor and it's not bad to be optimistic about our investments so let's just leave all these pretence and be more real.

No one wish to make investments where there will be no profits and due to the fact that others are making profits are some of the reasons why a lot of people are venturing into cryptocurrency and it's not bad but just that people who are new into cryptocurrency should not always be concerned about the changes in the market because they are meant to happen and those are the things that brings equation between the people that are buying and the ones that are selling their assets.

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June 26, 2024, 05:10:41 PM
 #14

Are you seriously advising us not to anticipate in making profit? Note: the primary aim or reason people join crypto is to make profit. I think you are confusing yourself sorry to say, person suppose  learn how the market works in order to make this profit though learning how it works doesn't guarantee steady cash out or steady profit because the market is so complex, the market is not just like those normal book people read and understand easily or maybe read and pass exam perhaps this market is more like a lifetime market that we have to study regularly in order to get better strategies ( that will bring profit). If person learn how this market dey work finish and the person no come apply am for the market, no be  waste of time and energy be that, in fact na nonsense. You wey bring this thread self I no sure whether you dey do waiting you talk here

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June 26, 2024, 05:45:18 PM
 #15

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.

It is good to have big knowledge in bitcoin and also strive to make a good sum of money in it because that is the main purpose of investing in the first place. Having knowledge on something you want to invest into is very important because it gives you an open edge into the advantages and disadvantages of it when it comes to handling it or solving the challenges that arise from them. To be frank, those profits have brought more people into the crypto world than for them to just learn to know about bitcoin.
It is good to know about the knowledge because it’ll help in keeping you longer in the crypto world than you leaving the market sooner.

Quote
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

Market events will really help you in preparing for some future occurrence or events that will affect the market positively or negatively. Putting this knowledge into high consideration when making decisions after you’ve decided to learn about cryptocurrency is of utmost importance. If you’re able to have this knowledge about them, it makes you have plans on ground before the occurrence of a future event in the space.

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June 26, 2024, 05:47:55 PM
 #16

E de important for anybody wey de hodl Bitcoin to learn how di market de work, and as you talk, make we no de only focus to make profit alone. E de good to understand say Bitcoin price de also dip and wen we begin to de notice say price de constantly dump as we de experience am now, na to calm down and know say price go later pump. Without sufficient knowledge of Bitcoin, newbie investors go begin to de panic anytime wen price start to de continually dip. Bitcoin no be like altcoins wey fit to die at anytime, so anybody wey hodl am go carry for mind say na long term investment im hold. Instead to panic for price dip, if you get money na to gather am to de accumulate Bitcoin more and more.

R


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I_Anime
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June 26, 2024, 06:42:53 PM
 #17

E de important for anybody wey de hodl Bitcoin to learn how di market de work, and as you talk, make we no de only focus to make profit alone. E de good to understand say Bitcoin price de also dip and wen we begin to de notice say price de constantly dump as we de experience am now, na to calm down and know say price go later pump. Without sufficient knowledge of Bitcoin, newbie investors go begin to de panic anytime wen price start to de continually dip. Bitcoin no be like altcoins wey fit to die at anytime, so anybody wey hodl am go carry for mind say na long term investment im hold. Instead to panic for price dip, if you get money na to gather am to de accumulate Bitcoin more and more.

you know say when it come to cryptocurrency learning play vital role in it because without having good knowledge one cant literally earn through this space . exactly some folks wy nor get good knowledge about this space as bitcoin dip them go dey panic now and some go even go to the extend of selling their coin for loss thinking say the price nor go  bounce back again.

like for those of us wey dun dey understand the system small small, anytime we see any dip no panic we dun dey maintain composure and most of us usually take advantage of the dip by purchasing using any convenience method of purchasing.

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June 26, 2024, 10:39:57 PM
 #18

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .
The thing is, sometimes practical experience teaches people better, more like it will give you first hand experience of how the market forces displays. So beginners should be ready and be open minded about the fact that, they will make losses along the line but that shouldn't deter you, as it's part of  the experience of volatility of the market, even after you've taken all the precautionary methods and what not to do. So is your consistency over time that will help you shape a pattern to which you will know when to enter the market and how to create out your own profit.

Another thing way dey important for the cryptocurrency market, na to study about crypto and to Sabi am well well to your own advantage, way be say nobody fit just come tell u anyhow story and you believe am, so you gats learn so you fit master on your own too.

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June 27, 2024, 06:01:31 AM
 #19

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

If you are the only investor then you are likely to lose. First you must become a skilled crypto market analyst. When you master the market you will be able to deal with various threats in the crypto market. As we all know, crypto markets are comfortable with volatility. Bitcoin / Shitcoin prices are always going up and down. If you are new to the market, this volatility may scare you. Only a skilled analyst can deal with these critical moments.
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June 27, 2024, 06:48:37 AM
 #20

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

Normally as crypto enthusiast wey we be, if you no Sabi analyse the market to know what's next and Wattin the price chart dey do den you still dey for the beginners level, and that stage you no supposed to dey think of to invest for any other project other than Bitcoin because of the risk wey dey inside. If the person wan really go far for crypto holding then e no get any other option than to learn how to read chart, make e for know when coin get potential to increase or dump. Na why plenty traders dey loss be this for this our country so, though many dey try but some person feel say Na to just buy the coin keep Na there e take end, this mindset is an error.

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