Post
Topic
Board Trading Discussion
Re: Don't claim to be an investor if it's still like this
by
wxa7115
on 28/04/2023, 07:32:55 UTC
If we have lost, we have to pivot, analyze again, find out why, where did it go wrong, what is the future.  Not if the loss is already screaming scam, blaming people who give "advice", following influence etc.
That's what happened when we went back to 2021. Crypto people are very enthusiastic, and many individuals invest in crypto even if they have no experience in order to get rich like others who have become billionaires as a result of this. But the contrary of what they predicted happened: they lost their invested money, while others lost more than half of their investment. So that's what happened to our crypto; there are so many people on social media who believe crypto and Bitcoin are scams. But they made a big mistake: they didn't conduct any research and invested in cryptocurrency without knowing it was a hoax.

My only piece of advice is to stop blaming crypto for your decisions and instead learn to recognize that it is your fault. True, there are fraudulent coins or tokens, but there are also legitimate ones, so do a research before buying.
Very few are able to be that honest with themselves, most of the time the most common reaction is to try to blame someone else for the losses they have suffered, and while sometimes those people do indeed hold some responsibility, at the end of the day they cannot be blamed about all the mistakes those newbies made.

However that attitude not only prevents them from acknowledging the truth, it also stops them from improving, because if they try to trade the markets again then it is likely they will still obtain the same disappointing results once again.