Quote from: Ryker1 on July 09, 2022, 11:53:41 PM

Quote from: Ziskinberg on July 09, 2022, 11:36:28 PM

^[snip]
That is why I'm encouraging you to just open your mind and never think about earning more but giving priority on fund security and market assurance.

Well, that is good advice.
People will always have this mindset especially those new in the crypto space --they think that it is very easy to make a profit, just invest and wait the right time but in altcoin investment is different. There is a risk because you don't know the project if that is a pump or dump with someone else. I advise also to invest in bitcoin or give a large allocation to it, because that is a safe investment for me and if you can wait for the bull trend, for sure your profit will be there.

This misconception about the market is in fact incredibly common as newbies read about the success stories of other people and then they think that earning money like those people is incredibly easy and this is not true.

So it should not surprise anyone that as soon as those people try to implement the strategy they thought it would bring them a lot of money they get astonished by the competition that we see in this market, only then they learn about the truth about this market and the fact that making money in it is incredibly hard, and that is when they get disappointed about this market and some of them leave with no plans of coming back.