Be careful of the coin you invest on.

[Lucius]

We cannot remove this kind of mindset from those people. Especially since Bitcoin is a digital currency, compared to any other tangible asset or investment which they prefer as they can touch, see, and keep it somewhere they are the only ones who know.
~snip~

Maybe it's not the best comparison considering that it is about two completely different periods - but I first heard about Bitcoin in 2011 and then the whole thing seemed to me like something that would last a very short time and it didn't really make sense to me. It took a few more years for me to actually understand how Bitcoin as an idea is actually a genius project, so maybe I can understand to some extent that someone who learned about Bitcoin a year or two ago has a certain amount of skepticism.

However, for all such people, there is a history that Bitcoin has, which definitely did not exist in 2011. I personally know some people from real life who were 100% sure that Bitcoin will fail, and when they ask me today what happened to Bitcoin, I tell them that it really failed because I want them to continue enjoying their stupidity.

[Z-tight]

During the bull run, people like to invest in different coins to see which one will give them returns; it is very risky but so many people do it and are still going to do it this time again. Once what they call the 'altcoin season' starts, you will find many people buying different new coins, meme coins and others. It will work for some, while the majority are going to lose money, but notwithstanding, that is what is still going to happen.

[taufik123]

During the bull run, people like to invest in different coins to see which one will give them returns; it is very risky but so many people do it and are still going to do it this time again. Once what they call the 'altcoin season' starts, you will find many people buying different new coins, meme coins and others. It will work for some, while the majority are going to lose money, but notwithstanding, that is what is still going to happen.

Big purchases will continue to happen as the crypto market has entered bullish mode,
altcoin season has arrived and now memecoin is the most popular.

Many people make millions of dollars with memecoins, but many also lose millions of dollars to memecoins.
This is very risky but also provides great benefits, see how SOLANA is now that continues to rise in price due to the hype of memecoin on the SOLANA network.

[Faisal2202]

Though this space can make one to be wealthier. But is not something one need to rush is a gradual process even those who are investing and trading would understand.  This is the best time to invest and have some good coins in your portfolio, don't just go around investing all such of coins all coins potential differs. So focus on the main coin , and also coin that are well known.

That's a great suggestion, we should not invest our hardly-earned money in every second coin for the sake of profit, I mean we should not be 100% sure that every investment will make us profit, while we are new to the market and have zero knowledge of everything. At the start when a person makes a few dollars, his/her life POV changes, they start to think making money via trading and investing in crypto is an easy and fast way to make money.

But they ignore the important part, that they can also make a loss and lose it all. proper knowledge is the key to making a profit, joining valuable groups, and communities, saving valuable sources, and trying to be in contact with valuable people, this way a newbie can at least start to make a profit as well. One thing we all should keep in mind is that crypto is no quick money scheme.

[DabsPoorVersion]

We cannot remove this kind of mindset from those people. Especially since Bitcoin is a digital currency, compared to any other tangible asset or investment which they prefer as they can touch, see, and keep it somewhere they are the only ones who know.
~snip~

Maybe it's not the best comparison considering that it is about two completely different periods - but I first heard about Bitcoin in 2011 and then the whole thing seemed to me like something that would last a very short time and it didn't really make sense to me. It took a few more years for me to actually understand how Bitcoin as an idea is actually a genius project, so maybe I can understand to some extent that someone who learned about Bitcoin a year or two ago has a certain amount of skepticism.

However, for all such people, there is a history that Bitcoin has, which definitely did not exist in 2011. I personally know some people from real life who were 100% sure that Bitcoin will fail, and when they ask me today what happened to Bitcoin, I tell them that it really failed because I want them to continue enjoying their stupidity.

Yes, we understand that, and it's already given that those kinds of people who are new to Bitcoin will be skeptical for the same reason I have given. Even I, I don't deny it. The first time I had the chance to learn about Bitcoin I had doubts and thought that it might be a seasonal asset that might disappear anytime soon.

But you know what, during my studies, my professor gave us a task to research all currencies (fiat/digital) available worldwide. That is when I saw Bitcoin included on the lists and that is when I was convinced and said to myself that it was not the same as what I was thinking.

I feel sorry for those people who have just waiting for other people to get the news about Bitcoin. Thinking that it will fail so they can prove to other people that they are correct that Bitcoin will fail. Well, that's what I also do since I was tired of telling other people about it even if they show interest, they don't listen to anything I say as they think of it as a scam or a pyramiding scheme.

[erus]

Many people also told me that before the halving there were usually lots of scammers who came to steal our money in cryptocurrency.

Scammers will always find ways and up to trend on what will be their next targets, so asking questions to the community asking for helps, experiences, etc. might help you if you were targeted.

I have also tried asking on various Telegram channels and maybe if I don't find the answer on Telegram, maybe I will ask on this altcoinstalks forum.

I often ask or look at various cryptocurrency telegram channels to stay away from scammers so that I don't get tricked.

Telegram accounts are the worst place to ask for help against scammers, unless you knew and trusted that person is. Because it's like a hive of scammers in any group exists, better be careful.

That's how social media is, there will definitely be their behavior, lately I have also seen a lot of fraudsters on various Telegrams.
But can the altcoinstalks forum provide security guarantees for newly launched coins?
As well as basic information about coins etc.

[Thyplaymaker]

Though this space can make one to be wealthier. But is not something one need to rush is a gradual process even those who are investing and trading would understand.  This is the best time to invest and have some good coins in your portfolio, don't just go around investing all such of coins all coins potential differs. So focus on the main coin , and also coin that are well known.

That's a great suggestion, we should not invest our hardly-earned money in every second coin for the sake of profit, I mean we should not be 100% sure that every investment will make us profit, while we are new to the market and have zero knowledge of everything. At the start when a person makes a few dollars, his/her life POV changes, they start to think making money via trading and investing in crypto is an easy and fast way to make money.

But they ignore the important part, that they can also make a loss and lose it all. proper knowledge is the key to making a profit, joining valuable groups, and communities, saving valuable sources, and trying to be in contact with valuable people, this way a newbie can at least start to make a profit as well. One thing we all should keep in mind is that crypto is no quick money scheme.

exactly , alot of people always get it wrong there thinking crypto is about getting rich quick scheme, making them to go around making rash decision that always magnet bad outcome ( losses). Expecially after seeing some persons showing off their wins via social medias. Like for instance a trader showing the amount he made from his day trading . Without mentioning the losses or she passed through before getting to that point they are now. So someone who's new to cryptocurrencies would be in eager to make such , so he or she would go into trading without any proper knowledge on how trading but only with the mindset of getting rich within a short period of time. But at the end he or she endup with losses or endup losing it all. And may endup affecting his confidence in this space.

[LogitechMouse]

~
All am trying to say is that we should be careful on how we invest our hard earned money, by doing proper research before jumping into any form of investment expecially those who are new here , with the mindset of getting rich quick.

Though this space can make one to be wealthier. But is not something one need to rush is a gradual process even those who are investing and trading would understand.  This is the best time to invest and have some good coins in your portfolio, don't just go around investing all such of coins all coins potential differs. So focus on the main coin , and also coin that are well known.

This is the reason why I always prefer investing into coins that has a higher market cap. The risk of losing your money would be lower compared to if you will invest your money into some new projects out there that yes has a high reward if that project becomes successful, but the risk of you losing money is very high as well.

TBH, sometimes even though we are doing proper research, there's still a chance that we might get scammed. The best thing to do for me is to just focus on Bitcoin or any of the top altcoins out there. I'm not saying that researching doesn't work because it's an important factor, but sometimes even though we are researching in a new project and we find it a good investment, there's still a chance that they can scam you. With the bull market coming, more projects will come, and there's a chance that the project you invest your money with will just scam you alongside other investors that invested on the same project.

You know what, just focus on Bitcoin. In that way, you will not get scammed at all. Lesser risk, lesser reward, lesser stress.

[Gladitorcomeback]

The first mistake is to think that you can get rich from this, you don't have that mindset when you enter into any sort of thing that involves money because this thought diverts your mind. When you start a business, you don't think of becoming rich from it overnight and you know that you will have to work very hard and with a lot of dedication to make your business stable and earn you good money.

The same thought process one should have for trading and cryptocurrencies, one should think that there is a lot of work that they need to do, a lot of knowledge to be gained, and they will need so much focus and dedication so that nothing could distract them.

[Report]

Though this space can make one to be wealthier. But is not something one need to rush is a gradual process even those who are investing and trading would understand.  This is the best time to invest and have some good coins in your portfolio, don't just go around investing all such of coins all coins potential differs. So focus on the main coin , and also coin that are well known.

But what about me if I invest in Bitcoin? Will buying Bitcoin now be safe?
Because I only have the principle that I only invest in well-known coins like Bitcoin and Ethereum, but unfortunately these two coins are very expensive, I can't even afford to buy 1 Ethereum at the moment. And buying Bitcoin is only a small amount.

[Thyplaymaker]

Though this space can make one to be wealthier. But is not something one need to rush is a gradual process even those who are investing and trading would understand.  This is the best time to invest and have some good coins in your portfolio, don't just go around investing all such of coins all coins potential differs. So focus on the main coin , and also coin that are well known.

But what about me if I invest in Bitcoin? Will buying Bitcoin now be safe?
Because I only have the principle that I only invest in well-known coins like Bitcoin and Ethereum, but unfortunately these two coins are very expensive, I can't even afford to buy 1 Ethereum at the moment. And buying Bitcoin is only a small amount.

At first nothing 100% safe mostly when come to investing, the thing is that those two coin you just mentioned which is Bitcoin and Ethereum are both coins with nice growth potential. So i will say investing now is not a bad idea because we all believe that after this upcoming halving which going to take place around this month, they would be a massive surge in market if history repeats his self. Because base on previous halving they are always a dip during it . And lateron like a year later there's always a nice bullish market .So i will say yeah you can start your investment. But recommend you using DCA. So when comes to buying in DCA it involves the purchasing of a particular coin ( expecially bitcoin) at different price interval with any fixed amount you can afford. So in other word it is not necessary to buy 1 BTC or ETH at once. But you can start accumulating with any percentage you can remove from your earnings without it affecting your way of living. So you would be able to coverup some expenses when you're accumulating.

[Litzki1990]

First we must know about the coin we are investing in. If we invest without knowing anything about a particular coin, we may be cheated out of that investment later on. Choosing the right coin is very important for every investor before investing.  Unless an investor is able to select the right coin to invest in, he will be a step behind others in investing. If an investor invests in Bitcoin and another investor invests in any of the bitcoins in the market, the investor who invests in Bitcoin must be at the highest risk of his money. So without risking so much money we must invest in the right coin.

[bhadz]

People rush nowadays because they're seeing the others making that much profit. No one's at fault here because those that are sharing their profit are just overwhelmed. While the ones that are being encouraged and rushing, they think that it's easy to get there because they lack of experience. Most of us to invest in Bitcoin as it's a safe asset and good for long term but not all of us are for the long term.

[DaNNy001]

If you don't have the simple knowledge to know that the crypto market is dangerous then you would be naive enough as to buy or invest on any coin you come across. The first thing that everyone should take note of is that the market is never as the way we deem it to be, when it comes to volatility then you are exactly speaking the language of crypto. Anyone who doesn't research before involving himself in crypto is probably going to be hearing nothing but sad stories because one moment you can be seeing green readings and the next everything is filled with blood and that's how dangerous it can be especially in a very sensitive period like this where they are so many scam and nonsense coins out there.

[Celsius]

One must be careful with every investment and always know the updated news in the market.  Many times the invested coins turn into Shitcoins in the market so you need to know the updated news otherwise the investment may disappear from the market at any time.  Again one must be careful while investing in new coins and after investing one must keep updated news in the market.  In no case is an investment neglected by you but always equally important to you.