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#276 2023-06-21 21:50:08

PEACEMAKER
Member
Registered: 2023-01-27
Posts: 412

Re: What do you enjoy doing outside of crypto?

CrytoCynthia;15331 wrote:

The rule of “buy low, sell high” is the basic formula in trading, it applies to a pattern of cryptocurrencies price that shifts between certain price points.

And the basic advices are most likely overlooked by many. They wait for the price to rise which gives them the confidence that they will make a quick cash but sometimes when they buy it starts going down and they have fallen for a pump and dump.

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#277 2023-06-22 05:46:14

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: What do you enjoy doing outside of crypto?

PEACEMAKER;15351 wrote:
CrytoCynthia;15331 wrote:

The rule of “buy low, sell high” is the basic formula in trading, it applies to a pattern of cryptocurrencies price that shifts between certain price points.

And the basic advices are most likely overlooked by many. They wait for the price to rise which gives them the confidence that they will make a quick cash but sometimes when they buy it starts going down and they have fallen for a pump and dump.

Thats what we called "Risk-in-Profit". They are actually maneuvering to get profits and thats can caused a great lost.

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#278 2023-06-22 18:52:48

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: What do you enjoy doing outside of crypto?

Crypto is really addictive, and i have friends who do not really enjoy anything outside of crypto trading, that is not a good thing, even if you love crypto you should have things you love doing outside crypto, things that can take your mind away from the charts.

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#279 2023-06-24 10:56:37

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: What do you enjoy doing outside of crypto?

Camavinga;15455 wrote:

Crypto is really addictive, and i have friends who do not really enjoy anything outside of crypto trading, that is not a good thing, even if you love crypto you should have things you love doing outside crypto, things that can take your mind away from the charts.

What makes a good memory out of work is the fun you created within, life is not all about been blessed but by total appreciating the blessings with happiness. Crypto is great, lets put a smile on our face as the crypto does.

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#280 2023-06-24 19:47:40

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: What do you enjoy doing outside of crypto?

The issue surrounding this phenomenon is that people become addicted to cryptocurrency and its potential for massive profits. While some may win over it.

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#281 2023-06-24 21:12:52

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: What do you enjoy doing outside of crypto?

Detroit;15539 wrote:

The issue surrounding this phenomenon is that people become addicted to cryptocurrency and its potential for massive profits. While some may win over it.

I can say for a certain that yes people can actually get addicted to cryptocurrency it's fact but it's a bad fact you actually need to study and understand the ecosystem properly first.

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#282 2023-06-24 21:29:54

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: What do you enjoy doing outside of crypto?

Getting addicted to cryptocurrency is not bad the problem ls when you are doing the right thing better pray you English is correct.

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#283 2023-06-24 21:38:17

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: What do you enjoy doing outside of crypto?

Comrade;15460 wrote:
Camavinga;15455 wrote:

Crypto is really addictive, and i have friends who do not really enjoy anything outside of crypto trading, that is not a good thing, even if you love crypto you should have things you love doing outside crypto, things that can take your mind away from the charts.

What makes a good memory out of work is the fun you created within, life is not all about been blessed but by total appreciating the blessings with happiness. Crypto is great, lets put a smile on our face as the crypto does.

Is quite understanding that crypto investment can be profitable but its more fun when you find your happiness in,within and around it.  Just as the Utopia p2p ecosystem provides games, bet,gambling and prediction to bring more live to the ecosystem.

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#284 2023-06-25 20:35:29

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: What do you enjoy doing outside of crypto?

Cryptocurrency can be difficult to understand because it's not simply digital money. This can leave investors open to several risks, as many NFT owners are going through now.

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#285 2023-06-25 20:37:47

KAMSI_UG
Member
Registered: 2022-12-26
Posts: 2,782

Re: What do you enjoy doing outside of crypto?

Detroit;15730 wrote:

Cryptocurrency can be difficult to understand because it's not simply digital money. This can leave investors open to several risks, as many NFT owners are going through now.

Well cryptocurrency is not just digital money but the truth is that it's more of digital money than any other thing else.

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#286 2023-06-25 22:04:14

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: What do you enjoy doing outside of crypto?

Cryptocurrency may be a good investment if you are willing to accept it is a high-risk gamble which could pay off, but also that there is a strong chance you can succeed.

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#287 2023-06-25 22:34:08

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: What do you enjoy doing outside of crypto?

CrytoCynthia;15773 wrote:

Cryptocurrency may be a good investment if you are willing to accept it is a high-risk gamble which could pay off, but also that there is a strong chance you can succeed.

The system crypto trade is more beneficial and its also based on research and i guess with the right research and enthusiastic spirits there is sure a success.

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#288 2023-06-25 23:47:26

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: What do you enjoy doing outside of crypto?

Europ;15787 wrote:
CrytoCynthia;15773 wrote:

Cryptocurrency may be a good investment if you are willing to accept it is a high-risk gamble which could pay off, but also that there is a strong chance you can succeed.

The system crypto trade is more beneficial and its also based on research and i guess with the right research and enthusiastic spirits there is sure a success.

Well most research and investment can also be put in religious form called Faith. In the science world it's just a spontaneous reaction that can actually leads to a change in reaction.

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#289 2023-06-26 11:45:18

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: What do you enjoy doing outside of crypto?

gap;15860 wrote:
Europ;15787 wrote:
CrytoCynthia;15773 wrote:

Cryptocurrency may be a good investment if you are willing to accept it is a high-risk gamble which could pay off, but also that there is a strong chance you can succeed.

The system crypto trade is more beneficial and its also based on research and i guess with the right research and enthusiastic spirits there is sure a success.

Well most research and investment can also be put in religious form called Faith. In the science world it's just a spontaneous reaction that can actually leads to a change in reaction.

I will suggest that it will be a great idea if we keep giving a little out of our time to keep telling people about how great and inclining the CRP coin is.

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#290 2023-06-26 17:39:05

KingCRP
Member
Registered: 2023-01-06
Posts: 1,054

Re: What do you enjoy doing outside of crypto?

Comrade;15884 wrote:
gap;15860 wrote:
Europ;15787 wrote:

The system crypto trade is more beneficial and its also based on research and i guess with the right research and enthusiastic spirits there is sure a success.

Well most research and investment can also be put in religious form called Faith. In the science world it's just a spontaneous reaction that can actually leads to a change in reaction.

I will suggest that it will be a great idea if we keep giving a little out of our time to keep telling people about how great and inclining the CRP coin is.

Well I am into athletic so if I am not involved in cryptocurrency or doing other jobs I would always do my running and doing other things that has to do with sports.

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#291 2023-06-26 18:56:08

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: What do you enjoy doing outside of crypto?

Detroit;15730 wrote:

Cryptocurrency can be difficult to understand because it's not simply digital money. This can leave investors open to several risks, as many NFT owners are going through now.

Cryptocurrency is difficult to understand, but there is no new technology that people can understand easily, it will take some of your time, the problem with crypto is that many people want to make money from it very fast, even when they do not have any knowledge about it.

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#292 2023-06-26 19:15:07

Lanistergame2
Member
Registered: 2022-12-25
Posts: 2,420

Re: What do you enjoy doing outside of crypto?

Camavinga;15946 wrote:

Cryptocurrency is difficult to understand, but there is no new technology that people can understand easily, it will take some of your time, the problem with crypto is that many people want to make money from it very fast, even when they do not have any knowledge about it.

Cryptocurrency is not difficult to understand, if you take out enough time and take it one step at a time you would get a hang of it without much hassles. It is not much more difficult than any other financial system out there and you just need to understand the basics and then build from there.
I have been on this platform for some months and have easily learnt a lot about utopia and how it works.

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#293 2023-06-26 19:55:08

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: What do you enjoy doing outside of crypto?

Contrary to popular belief, the crypto market is the most difficult to trade for beginners for a number of reasons. The casino never closes.

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#294 2023-06-27 21:36:00

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,237

Re: What do you enjoy doing outside of crypto?

CrytoCynthia;15984 wrote:

Contrary to popular belief, the crypto market is the most difficult to trade for beginners for a number of reasons. The casino never closes.

You are right mate, newbies are prone to making first time mistake that might lead to a loss if Care of proper supervision is not done. I think newbies should get all the knowledge they need to advance in the cryptocurrency market

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#295 2023-06-27 22:04:58

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 3,193

Re: What do you enjoy doing outside of crypto?

Another common mistake that beginners make is constantly checking the price of the cryptos they've purchased. Of course, this depends on the volatility of the coin.

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#296 2023-06-27 23:50:50

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: What do you enjoy doing outside of crypto?

CrytoCynthia;16198 wrote:

Another common mistake that beginners make is constantly checking the price of the cryptos they've purchased. Of course, this depends on the volatility of the coin.

This actually a big deal of keeping tabs on your funds but not should be most times. In order to keep a mind at rest.

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#297 2023-06-27 23:53:23

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: What do you enjoy doing outside of crypto?

Comrade;16297 wrote:
CrytoCynthia;16198 wrote:

Another common mistake that beginners make is constantly checking the price of the cryptos they've purchased. Of course, this depends on the volatility of the coin.

This actually a big deal of keeping tabs on your funds but not should be most times. In order to keep a mind at rest.

Well its not actually necessary to keep tab on market price cause it always fluctuating and what i suggest is that we can as well study a coin in terms of picking a investment.

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#298 2023-06-27 23:54:45

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: What do you enjoy doing outside of crypto?

gap;16298 wrote:
Comrade;16297 wrote:
CrytoCynthia;16198 wrote:

Another common mistake that beginners make is constantly checking the price of the cryptos they've purchased. Of course, this depends on the volatility of the coin.

This actually a big deal of keeping tabs on your funds but not should be most times. In order to keep a mind at rest.

Well its not actually necessary to keep tab on market price cause it always fluctuating and what i suggest is that we can as well study a coin in terms of picking a investment.

Or most especially when trying to make a pair.  Just like buying and selling, is more likely like forex trading.

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#299 2023-06-28 18:40:01

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,237

Re: What do you enjoy doing outside of crypto?

CrytoCynthia;16198 wrote:

Another common mistake that beginners make is constantly checking the price of the cryptos they've purchased. Of course, this depends on the volatility of the coin.

You are right mate, and I think this contributes to the reason why not all newbies in cryptocurrency excels much in it because constant monitoring of coin Price increment may not always turn out good and such persons can give up easily

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#300 2023-06-28 18:44:03

Crpuss
Member
Registered: 2023-06-16
Posts: 234

Re: What do you enjoy doing outside of crypto?

JONSNOWING;16331 wrote:
CrytoCynthia;16198 wrote:

Another common mistake that beginners make is constantly checking the price of the cryptos they've purchased. Of course, this depends on the volatility of the coin.

You are right mate, and I think this contributes to the reason why not all newbies in cryptocurrency excels much in it because constant monitoring of coin Price increment may not always turn out good and such persons can give up easily

Never give yourself unnecessary panic by always checking on the price of a coin constantly. The market is super volatile and as you check you might not always see the results you need.

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