Post
Topic
Board Beginners & Help
Re: Ego and too much confidence are dangerous in investing.
by
CryptopreneurBrainboss
on 18/02/2023, 05:31:38 UTC
2021 I started my journey here in crypto, I was lucky because I was able to invest in other cryptos before it went all the way up. NFTs, P2E games, airdrops and hyped shitcoins lol. Of course I earned a lot and since it's my first time I became very confident thinking I'm so smart lol Grin. I have more money to spare, so I end up investing left and right carelessly thinking i will earn more but the truth is majority of those i have invested are lost money because of bear market, scam projects and rugpulled shitcoins. I think I am not for crypto Sad.

Everyone can be for cryptocurency but they first need to be equiped with the right information for them to be a abel to succeed in this market. This is an unregulated market so you'll be getting lots of scammers and scam project been portrayed as a legitimate investment and when you don't have the right information you'll end up believing the lies they're spreading and losing all your investment in the process. Good time you have be wakened form the dream you were in as many don't get waken until they have lost so much that there's nothing left to be convinced of this been a profitable market.

Just imagine you invested all the profits you made into Bitcoin, you won't be feeling as bad as you're feeling now because there's an assurance of your investment not going to zero and hope of been even more profitable in the future as Bitcoin reclaims new highs probably after the halving as it usually does from past history. Bear market are perfect for learning, so I'll advise you use this time to learn more so you'll be fully prepared when the bulls begin to get active again. Staying informed on the forum is one of the way you can stay ahead of the industry as everything gets discuss here that'll help you in the industry.