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Author Topic: You want to earn the same income like other, do what they are doing .  (Read 804 times)
Dzwaafu11
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September 03, 2024, 10:07:33 PM
 #61

There is something some people don't understand in cryptocurrency or bitcoin investment, before joining or investing their money to earn the same income like other people, if other people are using $100k to invest in cryptocurrency or bitcoin investment in a due season and you are using $20k to invest in the same season with them, do you think you can earn the same income with them when you sell in the same time? No,

And why will you think of earning the same thing with someone whose capital is not the same with that is impossible? This is an investment, and your profit will be based on your capital. You can’t use a small amount of money to enter business and expect a huge return or think of getting the same return with someone who uses a lot of money. However, there is no need to ask any question as investors.

You should know that if you use a small amount of money, you will definitely get a small profit and not compare with another person's profit. For this to happen, maybe a newbie investor is thinking that once you invest and the market price is the same, you will get the same profit as others, which is not true. 

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September 04, 2024, 04:09:43 AM
 #62

The bigger capital you have, the more risky it is to invest. So you have to be aware on how to manage your large capital so that you can come up with a bigger returns as well, since bigger capital won't guarantee bigger profits as well. In fact, it could end into a quick loss, most especially if you rush investing without sufficient knowledge and experience on the market.

Starting out in an industry you've not mastered requires a small capital, and learning through the process. The most of it is quality. Notwithstanding, the type of capital we have is not the primary thing, building a quality product is the key to gaining high profits. Take for instance, people working in the food business—quality products is what buyers want regardless of where the shop is located.

If you're selling burger and it's nice, buyers would stand on the roadside just to buy it. And you'd see restaurants (run with huge capital) selling same burger not making enough sales like the small shop with nice, quality burger. "Profit is something money won't buy faster than quality would".

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September 04, 2024, 07:48:39 AM
 #63

The idea of doing same as others will destroy economy, because the supply will surpass demand. But it is good that such idea can not be fulfilled fully, because all people are different and they have different level of income. The idea of copy investment strategy will fail, because those who have more money will always beat those who has little by selling cheap and than buying everything back.

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September 04, 2024, 05:50:52 PM
 #64

The idea of doing same as others will destroy economy, because the supply will surpass demand. But it is good that such idea can not be fulfilled fully, because all people are different and they have different level of income. The idea of copy investment strategy will fail, because those who have more money will always beat those who has little by selling cheap and than buying everything back.
Agree with you. In terms of investment, we don't really have to completely copy others because everyone has their own targets and goals. Likewise, the level of income will be different for each person if copying others is not a solution, besides if we copy others if they sell cheaply we will also follow them, it will actually make us lose.

Using a copycat strategy is high risk, especially if the strategy we use is really copycat without any independent strategy from ourselves. The key to successful investment is being able to analyze independently and having your own strategy so that we will know where our investment is going in the future.

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September 05, 2024, 04:34:21 AM
 #65

The idea of doing same as others will destroy economy, because the supply will surpass demand. But it is good that such idea can not be fulfilled fully, because all people are different and they have different level of income. The idea of copy investment strategy will fail, because those who have more money will always beat those who has little by selling cheap and than buying everything back.
Agree with you. In terms of investment, we don't really have to completely copy others because everyone has their own targets and goals. Likewise, the level of income will be different for each person if copying others is not a solution, besides if we copy others if they sell cheaply we will also follow them, it will actually make us lose.

Using a copycat strategy is high risk, especially if the strategy we use is really copycat without any independent strategy from ourselves. The key to successful investment is being able to analyze independently and having your own strategy so that we will know where our investment is going in the future.
Copying what others have done is not the right choice in terms of investing, especially when copying it we do not have the slightest knowledge in the field of investment, of course this is a big mistake for someone in deciding to invest, because not everything that others do will suit us, but when someone wants to invest, it is better for them to study it first and after they understand it, they can try what others have tried and they already have knowledge about it as a comparison in making decisions in investing.

It is true that when someone wants to be successful in investing, of course they must have good analytical knowledge so that they can make the right decisions on the investments they make because without being able to analyze well, of course it is difficult to get good results on the investments we make.

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September 05, 2024, 08:20:11 AM
 #66

You not in competition with anyone which you don't need to invest just like someone else because you want to earn the same profit. You should invest just according to what you can afford with ease,  trying to make your investment just to be like that of others can break you down financially because your income is not the same as others. Focus on yourself and invest, be consistent in your invest, and things you know it won't affect you. Don't try to impress people with your investment but go for what you can afford. People who try to make their investment like others ends up investing money that they can't afford and at the end of it they look up to depend on the investment.
Yeah, trying to be like others will not be a good idea and it will definitely hurt you a lot more than it hurts them. You are your own person and you have your own preferences and your understanding of the market and you should be investing the way you want to invest and make a profit the way you want to make a profit. If you keep following someone else then the results will not be good and you will end up losing a lot of money because you will not be thinking the same way that they do, which is why it's going to be a problem.

If you could make this work better, then you are going to end up with a much better result for sure. This is why I believe that the best thing you could do would be just finding your own strategy that works and making money from that. If you can find your own strategy then you are going to end up with a much better result, it will be something that belongs to you and you will completely understand what you have to do in order to make money, will have full control over the situation, instead of someone else having it.

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September 05, 2024, 10:54:38 AM
 #67

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Investing in crypto at the right time is indeed a very good first step in being able to gain profits from this investment. However, if the context is to get the same benefits as other people, of course this is a little difficult to do. Because of course everyone has different capital or amounts of money. Therefore, imitating or equalizing your profits with other people is a slightly difficult thing to do. Apart from that, this is actually not a very important aspect. Because we don't have to imitate other people's profits. Because the most important thing is that we must be able to consistently achieve profits. I think making consistent profits is what you should do when investing in cryptocurrencies. Because if you consistently make profits, over time even small capital can become large. Therefore, in my personal opinion, we do not need to chase or imitate results or profits like other people. Because doing this can sometimes be detrimental to yourself. The reason is that quite a few people are willing to borrow money to use as crypto investment capital, just because they see other people being successful there. And in the end many failed because of these actions. What this means is that you push yourself too hard and forget about your own abilities (in order to have large investment capital and want big profits like other people). So in conclusion, invest according to your abilities.

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September 05, 2024, 11:35:30 AM
 #68

Copying what others have done is not the right choice in terms of investing, especially when copying it we do not have the slightest knowledge in the field of investment, of course this is a big mistake for someone in deciding to invest, because not everything that others do will suit us, but when someone wants to invest, it is better for them to study it first and after they understand it, they can try what others have tried and they already have knowledge about it as a comparison in making decisions in investing.
The main point is to learn first by yourself before trying the steps that have been taken by others on anything including in terms of investment that has a certain level of risk. This means that everyone is allowed to ask other people and learn some important things through other people even though they have to do another analysis and research again by themselves on what they have heard and got from other people about something. However, in such cases everyone just does not need to immediately believe in the steps that have been taken by other people and what people say unless the person has shown the results and explained in detail about the right way to invest in something.

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September 05, 2024, 12:40:55 PM
 #69

Quote from: Accardo
I have not seen investors who want to reap more than they sowed—by comparing their bitcoin holdings to earn like that of other buyers, who share similar buying rates, but different (higher) amounts. If I have 2btc—in a bull run, why would I think of earning more than a holder with 4btc? That’s bs. On average, no bitcoiner should think like this…the math is simple.
Anything you think is impossible in this world, you will later find out that is possible in this world just that you have never come across such thing, I have seen some investors who want to boost their income to start earning the same income with the top investors in the community, because they have asked questions about their strategy and the amount of money they always use to earn a particular income, which it will be possible for such investors to earn the same income with the top investors. There is no way you can earn the same income with the person that hold 2btc and 4btc, if they sell in the same bull season because the person that hold 4btc will earn income more than the person that hold 2btc if they sell in the same market.
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September 05, 2024, 01:49:21 PM
 #70

The idea of doing same as others will destroy economy, because the supply will surpass demand. But it is good that such idea can not be fulfilled fully, because all people are different and they have different level of income. The idea of copy investment strategy will fail, because those who have more money will always beat those who has little by selling cheap and than buying everything back.

That's right, and it's simple: a person with a large deposit can easily average their position in a deal. If such a trader makes a mistake and the price goes down, then they will set a larger and larger multiplier for the purchase until they make it so that the slightest increase in the price of the selected token immediately compensates the trader for all potential losses.

A similar principle works in poker, it is very easy to play with a large bank and put pressure on poker players in small banks with such a position.

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September 06, 2024, 09:14:53 AM
 #71

You’re right that the amount you invest plays a big role in your returns, but it’s not just about matching someone else’s capital. Timing matters a lot too. If someone bought Bitcoin in March 2020 during the big dip, they would’ve seen over 600% growth by late 2021, regardless of how much they put in. But if you have entered late in 2021 when BTC was near its peak, then for the most part, the return would be in negative.

Smartness is a must for investing within your means, watching market trends. You are still able to make solid gains over time even with smaller amounts, especially if you're patient in the face of market dips and bull runs.

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September 06, 2024, 12:53:36 PM
 #72

I guess you are very overwhelemd because other people at your phase already earning a lot of money, its all about the opportunity, skills and knowledge. Others have already these and they just grab the opportunity to learn more and applied their skills to make more money, now if you think why not getting ride with them I guess it's your thing what are the things you are doing when they grinding to reach the top?. This is the time when people get feared other grab the change to make a one step advantage as their head start.

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September 06, 2024, 01:03:29 PM
 #73

I guess you are very overwhelemd because other people at your phase already earning a lot of money, its all about the opportunity, skills and knowledge. Others have already these and they just grab the opportunity to learn more and applied their skills to make more money, now if you think why not getting ride with them I guess it's your thing what are the things you are doing when they grinding to reach the top?. This is the time when people get feared other grab the change to make a one step advantage as their head start.

 Its easy to say they can follow what those successful people do but it actually hard to imitate their success achieve. People always look for the gains those people get but they forgot to check the struggle before those successful people reach that far. I guess those people who copy cannot replicate what they do since after all it matter on the patience and skills which cannot be acquired instantly.

I understand people want to have a quick rich scheme but they should not think its easy to get that so much better for them to proceed on things that can help them to improve and possible all the efforts also sacrifices will get rewarded if they know more about the industry they are trying to enter. Its good to look forward and make those successful people as inspiration but it should be follow by good actions since for sure they also became successful on their chosen field.

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September 06, 2024, 01:11:24 PM
 #74

The idea of doing same as others will destroy economy, because the supply will surpass demand. But it is good that such idea can not be fulfilled fully, because all people are different and they have different level of income. The idea of copy investment strategy will fail, because those who have more money will always beat those who has little by selling cheap and than buying everything back.
Agree with you. In terms of investment, we don't really have to completely copy others because everyone has their own targets and goals. Likewise, the level of income will be different for each person if copying others is not a solution, besides if we copy others if they sell cheaply we will also follow them, it will actually make us lose.

Using a copycat strategy is high risk, especially if the strategy we use is really copycat without any independent strategy from ourselves. The key to successful investment is being able to analyze independently and having your own strategy so that we will know where our investment is going in the future.

Copying or imitating someone else's ideas or plans is a bad idea. A real life example in the market is, has anyone succeeded and made money by copying other people's trades or do most lose? So far, I have not seen anyone who can make profit by copy trading.

To put it bluntly, the idea of ​​copying or imitating others to find success is the idea of ​​lazy people. They are lazy, do not want to spend time researching, learning...and finding their own path to success. They naively think that just by imitating others they can succeed, but they don't know that each of us is very different, no one is the same. Sometimes that formula, that method can help others succeed but can make us fail and vice versa, and that is why the road to success is never easy.

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September 06, 2024, 02:03:19 PM
 #75

You can make a profit like them but the amount of the profit will be different. That is because you don't use the same amount like them and only use the money you can afford to lose. That will not be a problem because you still make a profit from Bitcoin investment.

Although the capital amount if different, you will still have a chance to profit from Bitcoin investment. The important thing is you know how much money you will use to invest in Bitcoin. You can sticks to your plan while following the Bitcoin movement.

You can waits for the time to sell your Bitcoin and enjoy your profit. Meanwhile, you still continue investing in Bitcoin using DCA strategy.

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September 06, 2024, 04:17:41 PM
 #76

The idea of doing same as others will destroy economy, because the supply will surpass demand. But it is good that such idea can not be fulfilled fully, because all people are different and they have different level of income. The idea of copy investment strategy will fail, because those who have more money will always beat those who has little by selling cheap and than buying everything back.
Nothing is the same in this world because everyone has a different view of seeing things. Maybe such an idea can be applied at times and not entirely an ideal idea to be applied all the time. Everyone has different targets and completely copying the way others invest or trade will not provide the same opportunity in terms of seeking profit. Study carefully what patterns are suitable to do and improve those skills to hone your ability to create opportunities to make a profit. Everyone must have their own ideas in running investments even though we try to adopt some patterns from others to perfect the investment concept that we run.

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September 06, 2024, 04:36:49 PM
 #77

There is something some people don't understand in cryptocurrency or bitcoin investment, before joining or investing their money to earn the same income like other people, if other people are using $100k to invest in cryptocurrency or bitcoin investment in a due season and you are using $20k to invest in the same season with them, do you think you can earn the same income with them when you sell in the same time? No, you need to ask some questions about their capital before you can earn what they are earning in the bull season. If you see them buying cryptocurrency or bitcoin in the bear season, join them to buy when you have the money but if you don't have the money, you can invest according to your capacity and you will earn income but you are not going to earn the same income with them, but the most important thing in cryptocurrency or bitcoin investment, make sure you invest in the right time with those you want to earn the same income with and you will get the same result with them.
Or maybe you shouldn't chase comparisons with the income of others, but focus on your personal results in investing?

We are all at different financial levels and, accordingly, the growth rates of profitability in investing will differ significantly. Attempts to apply other people's investment models to yourself with differences in financial levels threaten that, like in sports, you will "get exhausted and drop out of the race" earlier.

Keep to your "pace" in investing without looking back at other investors. Which, 1st of all, will have to be formed. It will be more correct this way.

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September 06, 2024, 05:03:45 PM
 #78

The idea of doing same as others will destroy economy, because the supply will surpass demand. But it is good that such idea can not be fulfilled fully, because all people are different and they have different level of income. The idea of copy investment strategy will fail, because those who have more money will always beat those who has little by selling cheap and than buying everything back.

That's right, and it's simple: a person with a large deposit can easily average their position in a deal. If such a trader makes a mistake and the price goes down, then they will set a larger and larger multiplier for the purchase until they make it so that the slightest increase in the price of the selected token immediately compensates the trader for all potential losses.

A similar principle works in poker, it is very easy to play with a large bank and put pressure on poker players in small banks with such a position.
I  think, to think like a person who is successful, that is good concept. But I want to add on thing in that, you can research more than your mentor because every person has a very little knowledge and  every man or woman could not learn everything and he has to improve himself for the future. In future, technology will  be more modern and we will see more modern people, So we should prepare for that kind of situation. One should learn from experts, we can make our mentor by meeting or by learning from their books and videos. In that time, books and videos change the world because every one has equal opportunity and that is free of cost. If anyone want to become successful, he can learn from experts and he can make in plan for future.

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September 06, 2024, 05:08:24 PM
 #79

It's important to start an investment on the right moment, so you maximize the potential profit you can make from it. Bearish seasons are the best opportunities to start acquiring Bitcoin. On the other hand, nobody can predict accurately the perfect moment you should do it! Therefore, don't wait for the perfect opportunity or the perfect time. Do your analysis, and buy when you think it's a good moment to do so, but don't feel bad if Bitcoin still drops further or if you see there are other investors making superior profit compared to you.

Be proud for what you achieved through Bitcoin and use it as a motivation for your next steps in finances and future investments you are going to start at some point. Follow whales' steps, but avoid doing what everyone else is doing, because it's most likely to lead you nowhere. Remember, the sheep is always being guided directly to the slaughterhouse...

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September 07, 2024, 07:24:10 AM
 #80

There is something some people don't understand in cryptocurrency or bitcoin investment, before joining or investing their money to earn the same income like other people, if other people are using $100k to invest in cryptocurrency or bitcoin investment in a due season and you are using $20k to invest in the same season with them, do you think you can earn the same income with them when you sell in the same time? No, you need to ask some questions about their capital before you can earn what they are earning in the bull season. If you see them buying cryptocurrency or bitcoin in the bear season, join them to buy when you have the money but if you don't have the money, you can invest according to your capacity and you will earn income but you are not going to earn the same income with them, but the most important thing in cryptocurrency or bitcoin investment, make sure you invest in the right time with those you want to earn the same income with and you will get the same result with them.

It's quite a valid observation and many entrepreneurs have got rich by seeing what other people have done in the past. You'll often find that certain markets, at the right price points, have the ability to sustain many sellers. Just look at coffee shops for example, you might expect that a small town would have enough with just one or two, but sometimes there can be dozens within a very small radius because there are huge amounts of consumers willing to pay for the product. Making references to cryptocurrency isn't necessarily helpful though, because the only variety in this sector is altcoins - there may be money to be made there but you have to become a trading specialist with a strategy at that point.

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200% ]
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