experience
34,966 views
29 Posts
Hot
Latest
What was your biggest mistake while investing in crypto? How much did it cost you? #experience
Example from my portfolio:
I heard from an whitelist ICO for a shooter game. It looked very promising and the first exchange listing was scheduled short time after the ICO. I applied for the whitelist and followed all communication channels. Then the winners list was posted in Telegram and my address was listed. So I followed the steps and decided to put 500USD in it, because it was a sureshot.
But somehow I had two channels I was following. And while I was so excited, I picked the wrong one, which lead me to a fake seedify page. So my money was gone.
A few days later the token was listed and made +900% and I made -500USD, while watching the token rising. That was a black day 😅...specially because I really was whitelisted, but I didn't want to risk more money.
But I learned from it.
1. Double check might not be enough...from 100USD on double check, plus one additional for each further 100.
2. Never go all in
3. #DYOR the first: With more research about seedify I could have seen the wrong link
4. #DYOR the second: The web page was just a product of bad copy-paste. The description text was wrong.
4. #DYOR the third: The projects always provide the right contract addresses in some way...checkt it! It is long, but, CHECK IT!
5. #DYOR the fifth: While searching this project I made researches. About the team, the online presence, the token availability and the product. And the +900% showed...it was a good research coming with massive short gains.
But I was to excited and and made so much mistakes in row, that I didn't make profit with it. 🤣
Maybe this story helps someone to avoid such losses.
Stay safe in crypto space. Always DYOR & and at least double check!!!
Example from my portfolio:
I heard from an whitelist ICO for a shooter game. It looked very promising and the first exchange listing was scheduled short time after the ICO. I applied for the whitelist and followed all communication channels. Then the winners list was posted in Telegram and my address was listed. So I followed the steps and decided to put 500USD in it, because it was a sureshot.
But somehow I had two channels I was following. And while I was so excited, I picked the wrong one, which lead me to a fake seedify page. So my money was gone.
A few days later the token was listed and made +900% and I made -500USD, while watching the token rising. That was a black day 😅...specially because I really was whitelisted, but I didn't want to risk more money.
But I learned from it.
1. Double check might not be enough...from 100USD on double check, plus one additional for each further 100.
2. Never go all in
3. #DYOR the first: With more research about seedify I could have seen the wrong link
4. #DYOR the second: The web page was just a product of bad copy-paste. The description text was wrong.
4. #DYOR the third: The projects always provide the right contract addresses in some way...checkt it! It is long, but, CHECK IT!
5. #DYOR the fifth: While searching this project I made researches. About the team, the online presence, the token availability and the product. And the +900% showed...it was a good research coming with massive short gains.
But I was to excited and and made so much mistakes in row, that I didn't make profit with it. 🤣
Maybe this story helps someone to avoid such losses.
Stay safe in crypto space. Always DYOR & and at least double check!!!
#OFN powered by #OpenfabricAI represents a new era in cryptocurrency, offering unparalleled security and efficiency. The advanced AI #capabilities ensure that #OFN transactions are fast, secure, and reliable, providing users with a superior digital currency #experience . This collaboration is a testament to the potential of
Tell us your most memorable crypto experience!
Whether it's a big win,
a learning moment,
or a funny story,
we want to hear it.
Advice is also welcome 🤗
Let us all learn more about the crypto space
#cryptoacademy #experience
Whether it's a big win,
a learning moment,
or a funny story,
we want to hear it.
Advice is also welcome 🤗
Let us all learn more about the crypto space
#cryptoacademy #experience
It took me four years in the crypto market to learn these lessons, and you only need two minutes to read them:
1. Bitcoin's Fixed Supply: Indeed, Bitcoin's scarcity is a fundamental aspect. With a maximum supply of 21 million coins, it's akin to digital gold. This scarcity contributes to its store-of-value narrative.
2. Risk Management Over Technical Analysis: You've hit the nail on the head! While technical analysis is essential, managing risk and capital is paramount. Even the best TA won't save you if you're overleveraged or lack proper risk controls.
3. Passive Income in Crypto: Absolutely! Beyond active trading, explore staking, yield farming, and other passive income strategies. Diversifying your crypto portfolio can provide steady returns.
Regarding Bitcoin's growth, it's essential to recognize that past performance doesn't guarantee future results. However, understanding market dynamics and maintaining a long-term perspective can help navigate volatility.
Lastly, your point about skepticism is spot-on. Early adopters often face doubt, but that's where opportunity lies. Act decisively while others hesitate! 🚀.#Write2Earn! #experience #BinanceSquareFamily #cryptoking #RCTTraders
1. Bitcoin's Fixed Supply: Indeed, Bitcoin's scarcity is a fundamental aspect. With a maximum supply of 21 million coins, it's akin to digital gold. This scarcity contributes to its store-of-value narrative.
2. Risk Management Over Technical Analysis: You've hit the nail on the head! While technical analysis is essential, managing risk and capital is paramount. Even the best TA won't save you if you're overleveraged or lack proper risk controls.
3. Passive Income in Crypto: Absolutely! Beyond active trading, explore staking, yield farming, and other passive income strategies. Diversifying your crypto portfolio can provide steady returns.
Regarding Bitcoin's growth, it's essential to recognize that past performance doesn't guarantee future results. However, understanding market dynamics and maintaining a long-term perspective can help navigate volatility.
Lastly, your point about skepticism is spot-on. Early adopters often face doubt, but that's where opportunity lies. Act decisively while others hesitate! 🚀.#Write2Earn! #experience #BinanceSquareFamily #cryptoking #RCTTraders
Let me tell you my experience with newly listed coins or token.
When new token lists on binance or any centralized exchange, prices starts to rise for few hours because we think we are buying at low price.
But we are already buying at very high price compared to dex.
So you should wait for few days and see how token price rising and falling and then you should buy
#experience #newlylisted $DOGS
When new token lists on binance or any centralized exchange, prices starts to rise for few hours because we think we are buying at low price.
But we are already buying at very high price compared to dex.
So you should wait for few days and see how token price rising and falling and then you should buy
#experience #newlylisted $DOGS
Hey there! As someone who’s been in the crypto game for eight years, I’ve got a few nuggets of wisdom to share. First off, remember that the market is like a rollercoaster—it goes up, it goes down. That recent Bitcoin dip? Yeah, it might look scary on a 15-minute chart, but zoom out, my friend. It’s just a blip in the grand scheme of things. Corrections happen, and they’re as normal as your morning coffee.
Now, let’s talk about the big players. You’ve got folks like BlackRock hanging around, waiting for us little fish to panic-sell during these dips. Why? So they can swoop in and buy at bargain prices. Sneaky, right? But don’t fall for it. Hold your ground. The market has a way of bouncing back, like that resilient rubber ball you used to play with as a kid.
Here’s the golden rule: Dollar Cost Averaging. Say it with me. This means investing a consistent amount regularly. It’s like putting a little something into your crypto piggy bank every week. Over time, it smooths out those market bumps and keeps your sanity intact.
So, my friend, stay sharp, stay cautious, and keep those investments coming. And hey, if you need a pep talk during the next dip, just remember: HODL (that’s crypto-speak for “hold on for dear life”). 🚀💎🙌
#BinanceLaunchpool
#CryptocurrencyAlert
#BinanceACGroup
#experience
Now, let’s talk about the big players. You’ve got folks like BlackRock hanging around, waiting for us little fish to panic-sell during these dips. Why? So they can swoop in and buy at bargain prices. Sneaky, right? But don’t fall for it. Hold your ground. The market has a way of bouncing back, like that resilient rubber ball you used to play with as a kid.
Here’s the golden rule: Dollar Cost Averaging. Say it with me. This means investing a consistent amount regularly. It’s like putting a little something into your crypto piggy bank every week. Over time, it smooths out those market bumps and keeps your sanity intact.
So, my friend, stay sharp, stay cautious, and keep those investments coming. And hey, if you need a pep talk during the next dip, just remember: HODL (that’s crypto-speak for “hold on for dear life”). 🚀💎🙌
#BinanceLaunchpool
#CryptocurrencyAlert
#BinanceACGroup
#experience
anyone doing doing crypto arbitrage? Is it still profitable? looking for arbitrage opportunity for making money. Provide your suggestions and opinions. #CryptoArbitrage #Megadrop #expertoppenion #experience
#off the platform. This verification is crucial for maintaining the integrity and trustworthiness of #OFN.
#OFN's partnership with #OpenfabricAI also enables dynamic fee structures. Traditional cryptocurrencies often have static transaction
#OFN, powered by #OpenfabricAI, represents a new era in cryptocurrency, offering unparalleled #security and efficiency. The advanced AI capabilities ensure that #OFN transactions are fast, secure, and reliable, providing users with a superior digital currency #experience . This collaboration is a testament to the potential of
#OFN's partnership with #OpenfabricAI also enables dynamic fee structures. Traditional cryptocurrencies often have static transaction
#OFN, powered by #OpenfabricAI, represents a new era in cryptocurrency, offering unparalleled #security and efficiency. The advanced AI capabilities ensure that #OFN transactions are fast, secure, and reliable, providing users with a superior digital currency #experience . This collaboration is a testament to the potential of
🛑___I WILL NEVER FORGET THE TIME____🛑👇
I... invested in a meme coin on a whim, only to watch it moon 100x! I thought I was being reckless, but it turned out to be a genius move.
Of course, there have been other times when my impulses didn't pay off, and I lost a pretty penny. But that's all part of the crypto journey, right? The highs and lows, the gains and losses... it's all a learning experience.
And I'm still here, wiser and more cautious, but still ready to take on the next big opportunity that comes my way!
#mememcoinseason2024 #experience #CryptoTradingGuide #Write2Earn!
I... invested in a meme coin on a whim, only to watch it moon 100x! I thought I was being reckless, but it turned out to be a genius move.
Of course, there have been other times when my impulses didn't pay off, and I lost a pretty penny. But that's all part of the crypto journey, right? The highs and lows, the gains and losses... it's all a learning experience.
And I'm still here, wiser and more cautious, but still ready to take on the next big opportunity that comes my way!
#mememcoinseason2024 #experience #CryptoTradingGuide #Write2Earn!