Quote from: strunberg on Today at 05:25:18 AM

Quote from: no-ice-please on July 28, 2021, 11:56:27 PM

Most newbies have the problem that they don't understand the dynamics of the markets and what it will do emotionally to them. When you take a small amount and play around with it in the crypto market, maybe even gamble on less known coins, you get a better feeling of how quick things can develop badly for you and destroy your investment. If you start out big right away there is hardly any chance you will be able to handle the situation neither emotionally nor technically. You just don't know what to do if shit hits the fan.

lack of knowledge be their main problem at this moment so understanding market movement is hard to understood for them. And most of them unfortunately didn't prepare well before they use money for investing in crypto market. No matter how much amount we used for trading or investing need to handle it well, either in emotion or trade plan . it will work when we face bad situation that may occur someday.

Quote from: oemar bakrie on Today at 05:11:10 AM

success in crypto in my opinion is only an achievement that cannot be measured by the length of time we play in crypto..
but it all depends on our persistence to find maximum results, for example, just participating in all bounty distribution contests..
the old one but never follow is the same as wasting a lot of time..
once again for crypto success for me persistence and patience are the main factors..

how long we stand in market didn't be benchmark we will success or not in this market. the thing that will help us only how much effort to learn all about cryptocurrency especially about market cycle, fundamental or technical that work on it. even we just in a year involved but we prepare proper skill maybe we could beat the veteran here.

I think we've all been newbies at some point and we probably also made some bad investment decision based on insufficient understanding and knowledge. That's just kind of normal. The important thing to consider though is that you don't go too big in the very early days when you enter the crypto space. That is deadly for newbie investors.