Quote from: Vaculin on Today at 08:20:06 AM

Quote from: Silberman on October 02, 2022, 05:01:22 AM

Quote from: Cynthia_sinach042 on September 28, 2022, 03:28:52 PM

Hello everyone I joined this forum over a year now and I was very excited to join. I warmly by the forum members and I felt very welcomed. I had great ambition oh well I think my ambitions were overly much.

I had some thoughts about cryptocurrency and I thought they were enough for me to achieve all I had come here for.
I didn't spend much time and jumped into the crypto market and I guess it swallowed me. I ventured into investing, trading, schemes and everything that I thought would give me profits. How wrong I was, I made bad investments that were from my imagination that anything I touched in crypto would favour me all I had to do is buy a low and affordable coin and hold.

Long story short I have some coins in my possession that are dead and from reality now those coins won't rise again.

Your story is very common, many people come to this market thinking about all the money they can make but they never think about all the money they can lose, and this is very disturbing, because if you take a look at the statistics about the overall success of anyone that tries to trade or to invest you will see that the majority of people do not really get good results, and this is because they are so blinded by their greed that they try all kinds of methods to make money without really knowing what they are doing, and instead of getting profits what they do is to accelerate the rate at which they lose money, and only once they have lost most of their capital that is the moment when they begin to think about all the things they have done wrong.

Unfortunately, newbies who come to invest in the market are even more confident that they can beat losses in crypto, and since they are mostly motivated by greed, they spend too much investing even in new projects that are currently in hype, and turn out to learn their lessons only when they start experiencing losses and regrets from their own decisions. However, with OP’s desire to correct his mistakes so he can attract possible profits, hopefully this time he’ll start to achieve his goal and maximize his profits more than losses.

In a way it is interesting how this works, the less people know about this market the more confidence they have they can actually make profits in it, but the more you begin to learn about it and all the mistakes you can make the less confidence you have about it, but this is a good sign as the less confidence you have then the lesser risks you will take and you will be more willing to spend some time trying to prepare yourself in order to reach your goals.