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Quote from: $crypto$ on January 15, 2025, 01:55:33 PMWell now we can be better, not only taking risks, but we now think more about taking advantage of every opportunity we have which I am sure will always come every time. If in the past we struggled to control ourselves from fear so we could take the first step, now we are more on self-control so as not to be greedy. We have learned a lot from what we experienced from the beginning when we entered this space.You are right we have to exercise self-control so as not to be greedy, because sometimes greed makes us lose the opportunity to gain profit. I used to do silly things like that too.At the beginning of investing in crypto we often experience fear in making a decision to buy and finally we do not take that opportunity and the price has gone up high when we realize it until the regret that exists.
Well now we can be better, not only taking risks, but we now think more about taking advantage of every opportunity we have which I am sure will always come every time. If in the past we struggled to control ourselves from fear so we could take the first step, now we are more on self-control so as not to be greedy. We have learned a lot from what we experienced from the beginning when we entered this space.
I think all of us will experience the same thing when we first enter this space, greedy wanting to get something more I'm sure we all experience it which eventually turns into a loss.I can't claim that I can eliminate all of those traits, it's just that now I might be better at controlling myself and can minimize something that can make us regret.
Quote from: $crypto$ on January 17, 2025, 01:17:08 PMI think all of us will experience the same thing when we first enter this space, greedy wanting to get something more I'm sure we all experience it which eventually turns into a loss.I can't claim that I can eliminate all of those traits, it's just that now I might be better at controlling myself and can minimize something that can make us regret.Experience that will be able to make people control greed, because with more knowledge and experience we will have wiser thoughts in making decisions.I was also often greedy in the past and slowly I will return to the initial targets and plans that we have made.
They are all a core and part of the market that needs to be understood before accepting bitcoin as an investable asset. The market is very unpredictable and not only does the fundamental analysis affects the trend of the market, also those that invest would have seen how the technical part of bitcoin also affects the market, but for long term holders, they don’t need to bother about that.
If you check the internet you will find out that we have far more cases of people losing their bitcoins because of security issues than losing them because of a sudden dip in price.
Quote from: Mia Chloe on January 18, 2025, 04:26:16 PMIf you check the internet you will find out that we have far more cases of people losing their bitcoins because of security issues than losing them because of a sudden dip in price.Yes you are right and like I know we have more cases of hack or phishing site that got their account sweep off that dump on them, the cases of dump are subjected to altcoin investments and those who solely take Bitcoin as their first priority on investments never complain of dump except that person didn't project for long term investments rather than short term, this people can be so desperate to make quick profit where they wouldn't have the time to hold and would move further to sell of their investments at lost.
Quote from: SmartGold01 on January 18, 2025, 09:27:12 PMQuote from: Mia Chloe on January 18, 2025, 04:26:16 PMIf you check the internet you will find out that we have far more cases of people losing their bitcoins because of security issues than losing them because of a sudden dip in price.Yes you are right and like I know we have more cases of hack or phishing site that got their account sweep off that dump on them, the cases of dump are subjected to altcoin investments and those who solely take Bitcoin as their first priority on investments never complain of dump except that person didn't project for long term investments rather than short term, this people can be so desperate to make quick profit where they wouldn't have the time to hold and would move further to sell of their investments at lost.Investing in bitcoin is still a top priority and we buy when the price is cheap and hold it for the long term. because there are many new altcoin projects that make many scammers there. Hacking will always be there so we have to be careful. why does it happen a lot in altcoin? because the profit in altcoin is higher if we succeed in choosing a new project that is popular and has a price spike, but it takes good experience to choose it
It is correct to prioritise the investment in bitcoins, having a track record that has shown consistent long-term appreciation. Regarding the altcoin world, despite the fact of the big profit there is been an influential risk that is associated with it. It is common knowledge that there is high potential of profit in areas like these hence other new projects with some hidden objectives that are detrimental may be nursed. Consequently, we have a great concern on selecting the generic for investments through assessing if the project has value and high transparency levels. Thus, with relative finesse, existing opportunities are open for leveraging involving no unnecessary risk propensity.
Quote from: enwi on January 22, 2025, 06:32:59 PMIt is correct to prioritise the investment in bitcoins, having a track record that has shown consistent long-term appreciation. Regarding the altcoin world, despite the fact of the big profit there is been an influential risk that is associated with it. It is common knowledge that there is high potential of profit in areas like these hence other new projects with some hidden objectives that are detrimental may be nursed. Consequently, we have a great concern on selecting the generic for investments through assessing if the project has value and high transparency levels. Thus, with relative finesse, existing opportunities are open for leveraging involving no unnecessary risk propensity.Overly it's important to always channel our investment to that which would last long and not just a pump and dump projects that we don't know about their origination or even the team behind the project, that is why its always important to chose right coin as bitcoin or ethereum, and or maybe any other reputed coin such as top 10 cryptocurrencies can make a good investment for long term than just involving oneself into shitcoin/meme coins.
I personally have not experienced the big risks and losses from Bitcoin.
I think Bitcoin does not pose a risk if you invest in real Bitcoin, not other coins, and buy in the right place, such as an existing exchange.
I personally have not experienced the big risks and losses from Bitcoin. I think Bitcoin does not pose a risk if you invest in real Bitcoin, not other coins, and buy in the right place, such as an existing exchange.