Just do NOTHING🤷

[5W-KILO]

Sometimes all you have to do after buying that precious coins of yours is, locking them in a cold storage and keep the seeds offline then gently go back to your daily life, and keep grinding.

I don't know what's wrong with people this days, you plan to hold your coins and the next day you start finding ways to double them or make more, pushing you into messing with things that you don't understand.

Here is another lesson that many still won't learn from, but got to do what I gotta do..



https://x.com/CoinMarketCap/status/2101153098857079211


Most of the times, buying and holding is all you need to do, in that journey of looking into something else can rob you of everything.

[NeuroticFish]

Most of the times, buying and holding is all you need to do, in that journey of looking into something else can rob you of everything.

Indeed, if the coin you bought is a really good one, holding is the best thing one can do.
But for many altcoins that's something you don't know, and even if the coin is a good one, fear makes people do stupid things, especially when they drop significantly.

And, honestly, given that so many altcoins ended up being dust, the advice to just do nothing, as a generic rule for altcoins, is a pretty risky one.

[Charles-Tim]

You can see some on the trading discussion part of this forum where the scammers have tried their best to do their dirty work, but we always warn people that they are most likely scam.

This is a very common scam now and I have been reading about it at the time I have been seeing new accounts creating the scam post on this forum.

Not everyone will plan to hold their coins. Some people can be traders. But if they plan to hold their coins, that can not discourage them from seeing an opportunity to double their coins and not do it. But they should know crypto scam and avoid it.

[Wiwo]

There is always a thin line where owners are willing to give up the asset to scammers, especially those who want to get profits quickly, are mostly the target, and to that extent, we can tell some level of greed. Anyone can lose money when they fail to make guided choices and focus on expected profits.

Sometimes we can say experience is very important, and also good that the amount was still minimal before the scam was bursted, between holder's should take some extra steps to verify whatever and connecting your wallet to any smart contracts is automatically grants total control of the funds in the wallet.

[hugeblack]

1. Trusting that AI results are reliable, or believing that Claude is a "great programmer."
2. Believing that cryptocurrencies are a quick way to get rich; after buying them and waiting a few weeks without seeing a high return on investment, people start looking for such methods.

[HajiBagi]

Sometimes all you have to do after buying that precious coins of yours is, locking them in a cold storage and keep the seeds offline then gently go back to your daily life, and keep grinding.

I don't know what's wrong with people this days, you plan to hold your coins and the next day you start finding ways to double them or make more, pushing you into messing with things that you don't understand.

Here is another lesson that many still won't learn from, but got to do what I gotta do..



https://x.com/CoinMarketCap/status/2101153098857079211


Most of the times, buying and holding is all you need to do, in that journey of looking into something else can rob you of everything.

No matter how many times people are warned to be careful, there are still people who will not listen, and the reason for this is greed. Instead of holding your coin and waiting for what happens, you will look for another way to get more, which is not necessarily a bad thing, but we must be careful in the process and not be greedy, if you cannot stay in one place and hold your coins, you will end up getting scammed.

Even if it is not a bitcoin, make sure you keep your coin because you believe in it and that is why you bought it. There is no way to get rich quick, and some people believe that investing in any coin can make you rich quickly, if that is your thought, you will fail in your crypto journey.