Hating cryptocurrencies for your own mistakes!

[Calvinpriva 17296]

Many people have been complaining and saying cryptocurrencies are bad and can give you poverty. It is true, and I will not deny it! But they get that perspective from their own mistakes because I personally and some other people see cryptocurrencies good and can give us wealth.

 

The problem is, some people consider cryptocurrencies as a lucky thing to give them money, and that is the biggest mistake they make! Cryptocurrencies are like any other business when you decide to use them for investment, they have profits and sometimes losses, and it's the same in normal businesses.

 

So before hating cryptocurrencies, try to identify your mistakes first. You can’t love the crypto world if you don’t have crypto education, if you don’t have patience, if you don’t have financial discipline and if you continue to be a complaining person without identifying your mistakes.

 

Conclusion:

Cryptocurrencies can really make you poor if you misuse them, but they can make you rich in 50% or more if you use them properly. So, instead of hating crypto for your own mistakes, decide to find the right path that will make you realize its value and its importance in your life.

[BrolySSJ 7899]

This is a very good post. there are many users that try to speak badly of crypt because they were unable to succeed in it, and view it instead as a quick way to get rich, however this is like any skill that you learn and requires a large learning curve. In my opinion, mistakes do not define you in crypto but rather are learning lessons, and if you are able to learn something from each mistake you are much more likely to succeed in crypto. The key is to manage your investments in order to avoid major losses, and knowing when to stop and learning from your mistakes to mitigate future losses. 

[CryptoDemon 370]

22 minutes ago, Calvinpriva said:

Many people have been complaining and saying cryptocurrencies are bad and can give you poverty. It is true, and I will not deny it! But they get that perspective from their own mistakes because I personally and some other people see cryptocurrencies good and can give us wealth.

 

The problem is, some people consider cryptocurrencies as a lucky thing to give them money, and that is the biggest mistake they make! Cryptocurrencies are like any other business when you decide to use them for investment, they have profits and sometimes losses, and it's the same in normal businesses.

 

So before hating cryptocurrencies, try to identify your mistakes first. You can’t love the crypto world if you don’t have crypto education, if you don’t have patience, if you don’t have financial discipline and if you continue to be a complaining person without identifying your mistakes.

 

Conclusion:

Cryptocurrencies can really make you poor if you misuse them, but they can make you rich in 50% or more if you use them properly. So, instead of hating crypto for your own mistakes, decide to find the right path that will make you realize its value and its importance in your life.

I also hate crypto currency way back 2018 because I thought it is just a scam but it proves me that it can help my whole life and change my way of living.

[Moaz 7239]

I completely agree with you, there are many people who wrongly think that they will get rich from working in the field of cryptocurrencies within a short period, and this is a big mistake in my opinion, if you want to become a successful person and earn good profits in the field of crypto, you must learn first and To work hard without getting tired and to be patient is the key to success

[Calvinpriva 17296]

@BrolySSJ Yes friend, there are people who hates crypto after they unable to succeed in it. They need to learn from their mistakes and that will give them the right way to be succeed in crypto. Apart from that they will keep blaming, hating, and the problem is them.

 

@Moaz You are right, there is no getting rich quickly in cryptocurrencies! It needs time, knowledge and a person with patience will succeed because patient is the key.

 

@CryptoDemon I like because you have be honest to share your short story. There are many people who still hating cryptocurrencies because they think it's just scam issues. But at least some governments are now adopting crypto through banks and organisations, maybe this will give them trust and many people will use crypto.

 

@mhmd7 I agree, there is profit and loss in crypto currencies just like in regular currencies. To earn profit or loss depends with our experience. I suggest many traders to learn so that they can't earn loss, though we can't avoid it all the time but we can reduce it.

[rekter 8129]

People who i encounter saying cryptocurrencies are bad, haven't even touched it. They often feel like they have missed the boat. They say it was luck that some people got rich and are annoyed when ever someone mentiones bitcoin because it's a reminder how they have missed out.

[decemberends 1881]

12 hours ago, Calvinpriva said:

Many people have been complaining and saying cryptocurrencies are bad and can give you poverty. It is true, and I will not deny it! But they get that perspective from their own mistakes because I personally and some other people see cryptocurrencies good and can give us wealth.

 

The problem is, some people consider cryptocurrencies as a lucky thing to give them money, and that is the biggest mistake they make! Cryptocurrencies are like any other business when you decide to use them for investment, they have profits and sometimes losses, and it's the same in normal businesses.

 

So before hating cryptocurrencies, try to identify your mistakes first. You can’t love the crypto world if you don’t have crypto education, if you don’t have patience, if you don’t have financial discipline and if you continue to be a complaining person without identifying your mistakes.

 

Conclusion:

Cryptocurrencies can really make you poor if you misuse them, but they can make you rich in 50% or more if you use them properly. So, instead of hating crypto for your own mistakes, decide to find the right path that will make you realize its value and its importance in your life.

cant believe people believed that way i feel bad for them but its their fault though they have to know it right in order to proceed being a better invester.

Edited August 25, 2020 by decemberends
grammar mistakes.

[Tunuu 2235]

What a shame! You can't hate cryptocurrency for your own mistakes. It is true mate there are people who blame crypto everyday they say is fake but they only say that after trying to be rich quickly using crypto and they fails, 

[Honny143 13612]

Its real fact in crypto currency so many peoples thinks crypto fake are scam, because they do wrong investment are believe in scam projects, when they loss money in this platform's, they Start's blaming crypto but they don't agree they do mistake, its really bad that is the reason most of peoples not trust in crypto.

[Dorjoy12 8962]

Different people has different view About crypto currency becuase some of the get Benefit from crypto world so they tell the positive thing and some get lose in crypto world so they think its bad.. But every thing has a right way to gain.. If any member has a good knowledge About crypto world then he can get benefit and those WHO did mistake cant get benefit                     

[malik6314193 5449]

I don't think why people hate with crypto currencies. But there are more people who loves crypto currencies. In near future crypto currencies will be dominant on forex trading. 

[CryptoDemon 370]

10 hours ago, Moaz said:

I completely agree with you, there are many people who wrongly think that they will get rich from working in the field of cryptocurrencies within a short period, and this is a big mistake in my opinion, if you want to become a successful person and earn good profits in the field of crypto, you must learn first and To work hard without getting tired and to be patient is the key to success

There are some entrepreneur that is always saying that you cannot get rich for being an applicant and yes it is true. Here in crypto currency we are all holders and there are no applicant.

[kyoukage01 3181]

15 hours ago, Calvinpriva said:

So before hating cryptocurrencies, try to identify your mistakes first.

The classic example would be what has happened during Bitcoin's bullruns, especially during 2017. Bitcoin hodlers getting rich off of crypto were being publicized and widely discussed, and it was said that Bitcoin's publicity rose to the point where it is turning into a hype. Some people were seeing advertisements with "Buy Bitcoin And Get Rich Quick" popping up here and there and ended up buying BTC when its price was nearly $20,000. As it turned out, the bubble burst, and they ended up hodling 'overpriced' BTC as of today.

 

There are also examples of people investing in future shitcoins without realizing it. There are woefully plenty of cases of it to deserve its own topic.

 

Maybe things have happened differently if people who didn't know a thing about cryptocurrencies did some research back then before investing. That way, they would have done things the other way. To say that they hate crypto because they have acted rashly and suffered the consequences of their mistakes would be unfair to crypto and an admission of their immaturity and refusal to learn from their follies.

 

Edited August 26, 2020 by kyoukage01

[Ridam 7455]

The main reason for the people loss in Crypto currency is that they think Crypto is overnight millionaire scheme and they got such offers at the beginning from scammmers and fall into the trap lossing all the investment.

We must take as the way of work and provide our enough time for research and analysis. If you use 10x leverage while starting trade sure you may loss all your funds. So start after gaining enough knowledge and start with small investment for your best.

[Zues 1069]

Peopld are only hating cryptocurrency because of their own reasons and their personal experiences is the reason why they are saying that cryptocurrency is bad. I have great experiences with cryptocurrency so I think that people should give it a try and dont be a greddy person here. 

[Whited35 15285]

People are hating cryptocurrency due to its volatile nature and uncertainty, it is not bad for them who want to make investments in something productive field. Investing in highly volatile thing like cryptocurrency is itself the riskiest. Yes, we have some experiences how to play in the crypto markets to make profits according to the price volatility 😂 But, the case may not be the same for all. 

More than 80% of my friends (In my circle) have full knowledge about cryptocurrency but they never love to invest in it. The reason is, raising price of crypto coin will be OK but the sharp price drop could create frustrations in them. 

[Swapzone 174]

Exactly! People think that they are going to get a lot profit from there and therefore without understanding how volatile the market is, they start investing.

[Mwangi 5611]

Any kind of investment is risky and can lead to huge losses and thats why its important to understand what we are doing for the different levels that we see out there are suppose to be well enabled in the different cases there is a chance to which we need to value what we are doing, and the right investment management skills are key

[Mcd0d0 5882]

23 hours ago, Calvinpriva said:

So before hating cryptocurrencies, try to identify your mistakes first. You can’t love the crypto world if you don’t have crypto education, if you don’t have patience, if you don’t have financial discipline and if you continue to be a complaining person without identifying your mistakes

Well, i will agree on this mate, many people are considering this cryptocurrency as a illegal or not a source of money, they need to read some articles on how to deal in cryptocurrency so that they will see the importance of it.

[magd 5231]

For me, my personal experience was wonderful with cryptocurrencies because it helped me enter this field and my financial situation became better than before. Your words regarding bad use are correct, so bad use causes loss

[Zaino34 0]

Everything in this life has negative and positive points, and if we can use cryptocurrencies in a correct way, we will be able to earn a lot of currencies through it, especially if our experience is great and we must not blame cryptocurrencies because they are a good source of income and there are many job opportunities in this field.

[Zues 1069]

There is a common misconception here in cryptocurrency that you can be rich easily. I think that is the common reason why other people are hating cryptocurrency because they thought that they can be rich but the truth is just like in other jobs you need to work yourself up and grind so that you can earn big. 

[Guru2050 8284]

Those complaining, bitterly lamenting against Crypto currencies system, I think are those who loose due to their negligence. You see obeying the regulations and learning the situation at the market is very important. Don't the over greediness to make money burning consumed you. Take your time and learn before starting and when made a mistakes learn from your mistakes in order to avoid future occurrence and move on, this is how you will one day become a perfect and mark a surprise achievements.

[Raqeebzy 6456]

The same issue with forex trading; somehow, it is the human nature to dislike something that has made you lose serially. I have friends and family who have vowed never to make any investment due to previous experiences. 

I blame that however on lack of proper knowledge and know how; cryptocurrency trading isn't like buying and selling in a supermarket. One can't just venture into it regularly to make quick profits, the volatility nature won't allow that.

[iloveyobit 6599]

You can hate crypto or any field as you like, but this will not make this field disappear, instead of this you should think how to change your behavior in the field in order to benefit from it.