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Author Topic: You want to earn the same income like other, do what they are doing .  (Read 804 times)
Alpha Marine
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September 07, 2024, 08:03:56 AM
 #81

If only it's that easy to do what you're saying then we might be living in a world where everything is born equal, but we aren't. There will be some that are at the top, and will be some that will be average for their whole lives.

Even if it were that easy, not everybody has the same amount of capital to invest.
OP used people who invest $200k as an example, what about people who invest a million? and people who invest a million can not also invest like people who have hundreds of billions, the same way they can't invest like those who have billions.
There's no single point in trying to earn as much as those above you.
Everybody in bitcoin knows that you get what you invest, so I don't think anybody has a mindset of
 waiting to get as much profit as someone who invested $200k when he invested $2000.

R


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September 07, 2024, 10:21:56 AM
 #82

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.

When it comes to investing in Cryptocurrency, every one is for its own self; you cannot imitate or do what the others are doing when the others have large money or they can take high risks, its your own capacity and risk level that you should consider when investing.

Do not just follow the others, see and listen to what other investors are doing, but never imitate them, You decide based on your own analysis and invest according to your capacity and the risk that you can take.
Imitating others is what causes newbies to lose their investment.

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September 07, 2024, 10:50:24 AM
 #83

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.

The concept of investment from each person is indeed quite diverse and very different because it is influenced by the ideas in the minds of each person individually. However, every idea that has been proven to be effective and good for use by everyone in the same thing as investment, of course it will always get more adoption in society. Because every good thing will always be an important calculation for those who like the profession of investors and also the profession of a trader who is often in many markets.

I also continue to learn and hone my own knowledge at all times in order to find better and more mature skills for some sectors that I like because without increasing our intelligence, it will also be difficult for us to find good ideas, especially if the idea comes from someone else we don't know. Although everyone may always have a way or pattern in adopting and learning something very differently, as long as the goal can lead to something good, of course it is very worthy to do at all times.
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September 07, 2024, 11:46:44 AM
 #84

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.

When it comes to investing in Cryptocurrency, every one is for its own self; you cannot imitate or do what the others are doing when the others have large money or they can take high risks, its your own capacity and risk level that you should consider when investing.

Do not just follow the others, see and listen to what other investors are doing, but never imitate them, You decide based on your own analysis and invest according to your capacity and the risk that you can take.
Imitating others is what causes newbies to lose their investment.

I agree with you. It is good that we don't go beyond our financial capability. Before starting such investment, it is of great importance if we accept our financial strength and find a strategy that will favor us. Not everything other investors are doing that we ought to do. If it is going to affect us then we shouldn't pressure ourselves, there will be another time that we can get a good entry point to buy again. During this dip a lot of persons are anxious looking for a way to buy the dip. To the extent of using all they got to invest in Bitcoin. Yes, it is good to invest in the dip as the profit when the price goes up will be a lot better, but we shouldn't forget that there are other things to life. Daily expenses, house rents, emergencies that we do not plan for may come. It will be bad that we can't get to settle all of this because we invested all into Bitcoin during the dip. Guess what it might leave us no choice to tamper our investment. At the end of the day there is no significance of using all our money to buy the dip because we get to tap into it at the point of need.

Listening to other investors contribution can be a lot helping but our final decisions matters since we be the one to take full responsibility of our investment.  If things go wrong, you can't blame the persons advice you took you will only blame yourself for taken hid to his words. We need to be convinced before taking any actions when we see other investors being successful at what they do.

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September 07, 2024, 03:39:53 PM
 #85

Mimicking others is not the way to go and would definitely cause a lot of trouble for many people, it will not make you any money at all. You should avoid something like this and the best way to go would be making your own decisions. It's better to do it that way, so you wouldn't really deal with anything at all.

The greatest result would be just focusing on what you like to do and if you can do that it would be great, it's going to be something that I would respect and definitely something that will do fine. I believe that bitcoin is something personal, and if you can make money the way you want, then you are going to be fine, there is no scenario where you could make some bad decisions based on others, that would be stupid.

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September 07, 2024, 04:47:27 PM
 #86

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.

When it comes to investing in Cryptocurrency, every one is for its own self; you cannot imitate or do what the others are doing when the others have large money or they can take high risks, its your own capacity and risk level that you should consider when investing.

Do not just follow the others, see and listen to what other investors are doing, but never imitate them, You decide based on your own analysis and invest according to your capacity and the risk that you can take.
Imitating others is what causes newbies to lose their investment.

I agree with you. It is good that we don't go beyond our financial capability. Before starting such investment, it is of great importance if we accept our financial strength and find a strategy that will favor us. Not everything other investors are doing that we ought to do. If it is going to affect us then we shouldn't pressure ourselves, there will be another time that we can get a good entry point to buy again. During this dip a lot of persons are anxious looking for a way to buy the dip. To the extent of using all they got to invest in Bitcoin. Yes, it is good to invest in the dip as the profit when the price goes up will be a lot better, but we shouldn't forget that there are other things to life. Daily expenses, house rents, emergencies that we do not plan for may come. It will be bad that we can't get to settle all of this because we invested all into Bitcoin during the dip. Guess what it might leave us no choice to tamper our investment. At the end of the day there is no significance of using all our money to buy the dip because we get to tap into it at the point of need.

Listening to other investors contribution can be a lot helping but our final decisions matters since we be the one to take full responsibility of our investment.  If things go wrong, you can't blame the persons advice you took you will only blame yourself for taken hid to his words. We need to be convinced before taking any actions when we see other investors being successful at what they do.
Just be contented on what you do have then you wont really be having any problems, the only issue on here is on the moment that people would really be that jealous on what other people do have then they do become that desperate and on the time it do happens then this is the moment that you will aggressively be taking up some steps and be testing it out whether it works for you or not.  If you are really that planning to have that
kind of liking to have that progress then it will really be just that fine that you will be trying to look on what they are doing and making it as an inspiration. The key on here is that you shouldnt be overdoing it or
simply comes into a point that you do become that desperate. We are all wishing for having a life to have that financial freedom and its normal that there would really be moment that we do become that desperate.

Its not bad to have that kind of desperation as long it will be on controlled manner. If you are trying to aim for something then you should really be acting out and never make yourself that be passive
or doing nothing because you cant be able to gain something if you dont just act.If you are current struggling with the current condition you do have in terms of finances
then you should really be that wise on trying to look to add up more income and make some business or investment and diversify as much as possible.

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September 07, 2024, 05:28:25 PM
 #87

Indeed, at first glance, people with small capital want to get the expected profit, I think it is difficult to achieve, even if there is, they only get lucky, basically you have to have capital from the start to make money because the bigger the capital used, the better, compared to small capital, it is difficult to develop.
You think too simply so that you start to forget about how to manage capital properly in any amount because without knowledge of how to manage capital properly, people who have a lot of capital can go bankrupt in a matter of days because they do not know how to place the capital in things that are more profitable for themselves. Large capital is indeed necessary and not wrong to have, but there is something more important than that, namely about how to multiply the capital to be bigger so that it is not immediately lost by the mistakes we make.
Yeah, capital management is not a simple thing and a lot of people do end up with mistakes, so we should be more careful about it, I understand that it may not feel the same way at all times, but it's clear that we are facing some issues when we are not careful so capital management is something that needs to be done with a lot of care, and it can make it a lot better. I believe that the best thing to do in this case would be just making money on what we know, not what we do not know.

Simple stuff like bitcoin long term holding will make us money and we do not need anything else, we need to make sure that it goes as well as possible and for that reason I think we will do much better, we just need to focus on what we can do. If you focus on the future all the time, results will not be simple and you will end up losing more money, do not focus on what others are doing, focus on what you are capable of doing and just do that so you wouldn't lose money.

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Antotena
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September 07, 2024, 05:29:52 PM
 #88

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 because of this mindset we now have thousand of meme coins because people want to put  $100 and get millions. Some people are trapped with the stories of how an investor put $1 and turn the money into thousands of dollars, even when you tell them that the orientation they have about crypto investment is bad, they will never listen to you and this is why you see meme coins have millions of market cap, people flooding there just to make money.

This is also the reason why we now have scams everywhere in crypto space. People want to make quick money when they have less investment power and because scammers know how greedy people has been, they end up loosing everything they have invested in crypto and when it doesn't favour them or lose everything to scam project, they say crypto isn't the right place to invest when it was them that never made the right investment choice.

R


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