m3nt0r

I set my goals ahead of time and focus on the goals and not everything else going on.  Then you can keep looking at what you need to reach the goal and not on the crazy  potentially fake/dangerous activities out there

Always start with BTC as the foundational standard. Build your conservative comfortable set and then extend into eth.  I say stick with the standards

I have never felt entering crypto was a waste of time. This is because every new experience  helps educate me on the financial world. Crypto is opening my eyes to the real world of finance.

Total agreement.  Gambling your tokens isn't worth it.  All the yobit coins have value at some point.  None are worthless to start.  I made th mistake of gambling away easily 20-30 Yo tokens in the beginning before we realized that there was so few in circulation and they had value.  Don't make that mistake.

It depends on risk.  If you are willing to take on a significant risk you can accumulate a lot very shortly but could lose everything. I have followed the philosophy that I don't want to have to feel the impact if all went to zero. Because of that, my slow DCA is how I have gone adn that has taken 3+ years

This is a great way to view things.  I really like that. The biggest success of my career was frankly also my biggest failure.  Was a huge project which ultimately didn't work.  But through that project failure we were able to learn so many needed ideas that multiple other projects spawned off of it and most of those were succcessful.

Ledger absolutely if you are looking to store and not trade. Trust is a good wallet for more interactive and mobile use.

Most airdrops' purpose is simply to create a ground swell of use or a desire to hold.  Drop a percentage of the coins and then spend time getting it on an exchange and then hope people find that exchange and trade it. Then the person holding the rest of the coins will get value from them.

I have been on here a lot lately (for obvious reasons) but have been trying only to contribute to discussions where I can have a meaningful add.  I've found the site to really be up and down as far as the randomness of topics. I've tried to get meaningful dialog but not getting a lot of direct responses.

The automatic response is to say hold but not everybody is in the position of only investing what you can lose. If you are over leveraged and can't handle a full loss you need to set stoplosses.  Some exchanges do allow this. You can determine how much loss on your buy you can handle and have it market sell.

I have many hardware wallets where nearly all my coins keys come from. I use Bread for some basic activities and to for carrying around money.  I am planning to switch to Hexa wallet but have built my confidence in it yet.

I REALLY want to say decentralized but to be honest I have have zero luck with them. Finding a proper trade is difficult.  the centralized exchanges have the liquidity needed to trade.

If those types of returns were real, then they would be billionaires heck everybody would be.  Once again too good to be true

Investbox is very profitable if you don't wait too long.  Nearly every coin in an IB will go down in value at a higher rate than the IB return but it usually take a little bit before that strts.  They all eventually become worthless and you have a wait a long time before you get returns.

There is risk with any exchange so to say "safe" is hard to say.  Is Yobit any riskier than other exchanges? Probably not. Just don't keep anything on any exchange you don't need to use at that time.  Long term hold on an exchange is a ticking timebomb.  No environment is 100% secure

The biggest risk in my eyes is that it is REALLY simple to create a new token or coin. Any open source coin (which should be all of them) or DEX can just be copied and restarted.  It opens the door to scammers. Being early is very profitable but the reason for this is you have the largest risk.  You are more likely to go bust on a new coin than break even let alone make huge gains.

My first experience in crypto was 2011 but truly I was not fully bought in until later 2016 early 2017. Ahead of the boom but obviously a long enough time to have to push aside any regrets for not buying in sooner.

I'm not sure if I would say lucky but maybe fortunate. Fortunate to be in a situation where I could have learned early on about cryptocurrencies. The only "luck" I have had are in situations where I ran into valuable opportunities by accident 

Absolutely privacy.  Speed of transactions can be handled with 2nd and 3rd layers.  

Slow and steady.  Don't worry about what you missed in the past but what you can build in the future.  We all heard about BTC in 2011 but that doesn't mean we all jumped in then.  for most it was 2017 that brought us in.  You will never buy 1000BTC for a few dollars.  Instead think about what you can accumulate and in a way where you aren't risking everything.

it has been many years since faucets have been overly useful.  Be aware of what the minimum withdrawal amount is at the site.  Some of these sites will make it near impossible to earn enough to withdraw and might even try to get you to deposit to be able to withdraw only to find out the fee to withdraw is more than what you earned.

You can't risk more than you can afford to lose. People say that all the time but there is a piece of this that needs to be considered.  What if the value of what you have grows larger than you feel comfortable? You need to rebalance all the time.  A small investment can be a large value quickly. Finding the rights time to exit a portion into more conservative coins/investments have been my way of maintaining 

If it is too good to be true it almost certainly is.  Free money is never free money. Always think about who benefits from the transaction. 

Although I play in many coins I'm doing it for more BTC. Bitcoin is my only coin I care about in the long term. Whenever I need to step away I always close out all my other bags to BTC only

Most investboxes are profitable but only in a short term.  The thing to keep in mind is the inflation of the coin based off the % return.  You have to know when to get out.  My only long term IB hold is YO which is on fire right now.