Quote from: perla on December 30, 2018, 02:59:00 AM

Quote from: maydna on December 30, 2018, 02:21:42 AM

Quote from: Maknae09 on December 30, 2018, 01:56:44 AM

Quote from: heritage35 on September 19, 2018, 04:48:02 PM

A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

I've experienced here in our country wherein, bitcoin and other cryptocurrencies, have went and gone through a pyramiding, it's quite sad that people are investing, without knowledge on what Crypto's are. They eventually lose their money when the promoters are gone.

That is what happens in our real life; people start to invest when they see something has blown, and they act so fast because they don't want to miss a chance to make money. They never learn anything before and only deposit their money, pretending in the next month, the money will double or triple, but they are wrong. In the cryptocurrency, we don't know what next will happen, and without learning about the cryptocurrency market, we cannot make any profit and even we will lose our money. But if people can be patient for a while, they can make a lot of money in the future.

FOMO is bad, and everyone must know that. But maybe for first time we will get that condition. If someone trapped in FOMO more than once, it means they not learn from their mistake and i think it is big problem that need to solved.

Yes, and every people has that experience because they are not yet learned about trading or cryptocurrency. They never learn and don't want to learn because they want easy profit which they cannot get it. But although if they can prevent from FOMO, if they don't have patience then soon or later, they will get attracted to the bad news.