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Author Topic: Trends Attract but Not All Cryptos are Profitable  (Read 4828 times)

Offline Review Master

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #15 on: April 07, 2021, 08:15:35 PM »

How you will attract your friends, neighbors, and family to come into crypto world with precautions?

Friends think that all cryptocurrencies are a pyramid,

Samething on myside as many of my friends think that it's completely a pyramid scheme. But later on, some of them realize the right potential of cryptocurrency/bitcoin for the long run and ready to adopt it. So, wise persons would like to research about it before making any statement and they'll adopt it whenever they realize the advantage of crytpo-currency and won't be into fomo, IMHO.
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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #15 on: April 07, 2021, 08:15:35 PM »

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #16 on: April 08, 2021, 01:20:10 PM »
Cryptocurrency can be a good opportunity to get into something that can be growing a lot later. We know the potential of many coins and tokens and right now we are still actually just starting. Although Bitcoin started more than 10 years ago, this span of time is still too short for something ground-breaking like this. We are still on the pioneering stage and we can expect more. However, with the opportunities comes the many risks including getting into scams and hacks. We need to educate ourselves so we can get away from scams and failures and can come out as winners at the end.

Offline Review Master

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #17 on: April 09, 2021, 12:34:17 PM »
However, with the opportunities comes the many risks including getting into scams and hacks. We need to educate ourselves so we can get away from scams and failures and can come out as winners at the end.

Indeed, even we do mistakes by being into fomo and loss our funds without doing any proper research and analysis. That's why we need to be more aware of scams and have the proper knowledge about anything before taking any further steps. Thus we can be a winner and DeFi/NFT or any type of hype/trend won't effect on our portfolio in the long run.
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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #18 on: April 11, 2021, 06:22:34 AM »
The best way to lure your friends or family into the crypto world is to show by your own example of earning that this world is real and you can earn money there. In my opinion, this is the only way to lure your friends and acquaintances into this world ...

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #19 on: April 11, 2021, 08:24:16 PM »
The best way to lure your friends or family into the crypto world is to show by your own example of earning that this world is real and you can earn money there. In my opinion, this is the only way to lure your friends and acquaintances into this world ...

That would be a great a way to create curiosity about crypto among others. But it won't create a mindset of learning to those newcomers as they'll always think about earning and acknowledge crypto as a method of earning, not like a learner. But it could be good way to tell them that everyone can learn a lot of things while earning from it, IMO.
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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #20 on: April 11, 2021, 11:09:36 PM »

How you will attract your friends, neighbors, and family to come into crypto world with precautions?
Actually this is a difficult thing because I had a bad experience with my friends , neighbor or family. It's very difficult to get people into Cryptocurrency, except for their own initiative. Because we know here the risk is very big, and it could do something bad if they fail to make a lot of money here.
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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #21 on: April 11, 2021, 11:19:56 PM »
How you will attract your friends, neighbors, and family to come into crypto world with precautions?
So far, I never attracted friends and neighbors, I just attracted my family. But it is only for the family who is really interested in the crypto world. I will explain everything about the crypto world honestly, telling the advantages and also weaknesses. So, he/she knows about the potential of profits and the risks as well. However, I tell them how to make us more secure by knowing the tricks or tips to manage our activities in crypto bussiness.
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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #21 on: April 11, 2021, 11:19:56 PM »


Offline Master107

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #22 on: April 11, 2021, 11:40:23 PM »
How you will attract your friends, neighbors, and family to come into crypto world with precautions?
So far, I never attracted friends and neighbors, I just attracted my family.

No such obligation to worry since they are close and strongly tight with you. Also you can watch them all the time if possible, and they will understand and believe easily as they know you more than anyone else.

No like introducing crypto to close friends. There's a tendency to receive blaming words and condemnation particularly in blind spot lose side.

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #23 on: April 11, 2021, 11:59:32 PM »
Indeed, currently there are many new coins or tokens that are very tempting to increase the rate of increase. And the interest in the crypto world is also extraordinary. Because of this, crypto is increasingly popular and is increasing in value.

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #24 on: April 12, 2021, 04:04:45 PM »
Very true and I agree 100 percent, a trending crypto does not mean it's profitable for investment, but some people wouldnt mind throwing their money at any coin or token they come across all for the reason that the coin or project is very popular and could become very huge in the future, I've been in crypto since 2016 but am yet to make it big cus of the many mistakes I've made, and this is also because I have one to guide me through the journey, I've earned enough cryptos that if only I was still holding them, by now, I would have become a millionaire/a whale but unfortunately, I sold everything too early and for peanuts too, but I've leant my lesson in the hard way, and now, am truly ready for the next wave cus I know am on my way to stardom.
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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #25 on: April 12, 2021, 11:31:18 PM »
How you will attract your friends, neighbors, and family to come into crypto world with precautions?
Maybe by showing the profit we get in crypto, we can invite friends to enter cryptocurrency, even though they don't want to invest, they want to learn how the system works.
After they know they will start buying and I would recommend Top exchange to join IEO with a small amount of investment, because no one knows the price after IEO or ICO, the coin price will continue to go up or down

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #26 on: April 12, 2021, 11:50:07 PM »
It's a regular drill in crypto. Bull run...Mass adoption… Scam projects… People learn the hard way that not all crypto projects are profitable. A good percentage are plain useless or scammy

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #27 on: April 13, 2021, 09:57:06 AM »
A good trader will find profit in any market and help you earn money. Of course, each person has mistakes in trading, but this can be compensated by another purchase of cryptocurrency, one project sags another increases.
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Offline Freemind

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #28 on: April 13, 2021, 10:21:58 AM »
It's a regular drill in crypto. Bull run...Mass adoption… Scam projects… People learn the hard way that not all crypto projects are profitable. A good percentage are plain useless or scammy

Completely agree with you. People, by nature, I suppose, we learn things the hard way, but I think it's good, because that way we don't make that mistake more often. In this way, time really teaches us how to act in a market as dispersed and wide as that of cryptocurrencies.
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Offline nelson4lov

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Re: Trends Attract but Not All Cryptos are Profitable
« Reply #29 on: April 13, 2021, 10:28:54 AM »
To take advantage of the market situation many scam projects are launching to steal money from the beginners so it is very necessary to do research before investing on any project. Stop wasting your time and money by investing in scam project. First do research and then invest.
Scammers will always take advantage of any trend they can use to steal money from investors, a proper research is needed before thinking of investing a project to avoid lose of funds,there are so many scam projects out there and there will always be scam projects out there, we just need to be careful before investing in projects there are so many rugpull happening lately.
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