Things we learn later

[bogdanoff 3173]

We start our journey in cryptocurrency and usually we known nothing but try to find ways to make good profit and dream big. As a beginner I thought that I was learning a lot very fast, but it took me a longer time to find some very important things that I think they should be teached from the beginning. I made a list of them and I give to beginners with this post some shortcuts to know and you can also do your research too.

1. Bitcoin is a long term investment. This means that we buy and can hold for years. We don't need to trade and don't need to learn to trade. We can buy and hold.
2. Best time to buy. It is rare to find the best time to buy. This year it was when price dropped a lot. But if price goes to 100k then 15k is not too much and profit is always profit. Just don't buy after price has gone up 2000% in a year.
3. Where is the bottom. You buy the bottom when there is blood on the street. When you hear people talking about Bitcoin being dead and it has zero interest. Best time to buy was 2018. 
4. Where is the top. The top is not even close where we are now. You will know it, when your hairdresser talks to you about cryptocurrency and tells you about his/her last investment in Ripple. This is a sign of a bubble and you should think of de-investing only then.
5. Make plans and stick to them. Before you invest make a good plan and don't have emotions about your investment. Don't listen to the noise and the influencers. They will advice you to sell at the worst time and they will tell you to buy when they want to sell. 
6. Don't listen to anyone that claims to be an expert. Instead read what simple people are saying that are honest and have no agenda behind them. Look at the past advice given in Cryptotalk and prefer to listen to the people in here from the youtubers and the social media advertisers.
7. Look for investments in cryptocurrencies that you think they will stay for 50 years and not for what seems to be a bad idea but can pump the price because of whales. You don't need pump and dumps.
8. Learn where you invest. You have to learn how Bitcoin works above anything else. First learn about Bitcoin then start the rest.
9. Learn the technical terms and use them too. We use these words like decentralization because this is how they are called. We don't use any else and if you have them translated it will make only confusion. This is part of marketing too and some words are tested and chosen.
10. When you learn, only then try to convince others. If you don't know why Bitcoin is better from banks you can't answer any other question.

All these along with anything that has to do with avoiding scammers and protecting your safety while on the internet helped me a lot and I wish I did all the above from the first day I joined this field. It would have saved me more times.

[Zzoro6110 19]

All this we learn through our experiences in the field of cryptocurrencies and bitcoin, and this enables us to develop a successful path and strategy for us and make a good profit by following those steps and working with them, and the experience is the best teacher.

[hani20980 2706]

Very important tips in my opinion we shoudn't just invest in bitcoin and store it it will be more better

if we invest or trade altcoins that will increase our BTC balance and give us more profit

[Dormilon 2183]

On 11/12/2020 at 7:26 AM, bogdanoff said:

Bitcoin is a long term investment. This means that we buy and can hold for years. We don't need to trade and don't need to learn to trade. We can buy and hold.

@bogdanoff That depends on what your vision is within the crypto ecosystem, for example mine is not a long-term investment to a greater extent, so I think that doing fast trading is better and then I buy and sell as the currency rises or falls at a certain time. of the day, holding is an option, but it is not the rule, each fork has its strategy,
Thanks for sharing your ideas with everyone.

[bogdanoff 3173]

15 hours ago, Dormilon said:

@bogdanoff That depends on what your vision is within the crypto ecosystem, for example mine is not a long-term investment to a greater extent, so I think that doing fast trading is better and then I buy and sell as the currency rises or falls at a certain time. of the day, holding is an option, but it is not the rule, each fork has its strategy,
Thanks for sharing your ideas with everyone.

Thanks @Dormilon I understand you chosen to trade and I know many traders and of course there are people made a lot of money with trading and didn't lose a lot either. It is as you said of course but for people that have no knowledge and skill to trade and can't handle their emotions it is better to hold. Of course if you are skilled trader it is different.

[Noyon123 17]

If you want to do something good, you need to know about crypto, so you have to pay attention to small things, then you can earn income step by step, especially you have to have an idea about blood chain technology and you have to try to know this idea very easily.  If you don't know, you can sort the coins step by step. Thank you.

[bogdanoff 3173]

11 hours ago, Noyon123 said:

If you want to do something good, you need to know about crypto, so you have to pay attention to small things, then you can earn income step by step, especially you have to have an idea about blood chain technology and you have to try to know this idea very easily.  If you don't know, you can sort the coins step by step. Thank you.

I think that you need to change autocorrect features in your mobile device my friend because it makes a lot of mistakes. Thank you for your message and good luck to what you do. I try to give some things I found after months and had different thinking when I started. Any questions or observations I am happy to answer.

[Thomas edison20 94]

I also learn alot and trying to learning things the price of bitcoin is going high and we can hold it to get more profit but learning from here is taking to much Time

[Sofia noor 562]

@bogdanoff Thank you sir it's very useful and helpful information for me you have shared your experience about trading in cryptocurrency especially in bitcoin. I have read your whole explanation carefully and learned a lot of information i really appreciate your work for the newbies. Thank you again sir!

[Impressive 316]

Investment and marketing are the new things we can learn later so try and Make plans and stick to them. Before you invest make a good plan and don't have emotions about your investment.

[George10 9932]

On 11/14/2020 at 7:01 PM, hani20980 said:

Very important tips in my opinion we shoudn't just invest in bitcoin and store it it will be more better

if we invest or trade altcoins that will increase our BTC balance and give us more profit

Of course mate the tips are on point but as you said it's true we shouldn't just put our focus on bitcoin investments because there are altcoins out there that can generate us some cool profits and what we need to do is to find a good coin to invest with besides bitcoin.

[1Muktar 500]

Very useful post.  Wow.  I personally think that this platform need people with great posting ability like your self.  I learned alot from your post and hope I can practice all that you said. 

[Abdul1168782 572]

Yes you are absolutely right that we have to choose best time to buy and sell, and also for trading by these technics you tell us is easy to find the right time. Thanks for all thse information.

[Guru2050 8284]

Very useful information to extent working these advice or hints mentioned above would make you achieve your set objectives diligently. This information has captured every single steps needed to be taken to become a successful person in crypto world. Thank you for sharing this wonderful information keep it up

[Culture58 338]

Thanks to you, for passing out this vital information to us, i hope will all put them into work, thank you so much for this information.

[mohamedpc1 2213]

Yes, thank you. To all beginners, learn the basics before entering the field of digital currencies so that they do not have any difficulties in understanding coin and so that they do not fall victim to fraud and fraud by the weak of heart who seek to steal others.

[Zeeshankhan 541]

Most of things we learn late about after the start work like new ideas benifical post etc we should learn basic before entering in the sites or starting work

[bogdanoff 3173]

On 11/18/2020 at 7:37 AM, Impressive said:

Investment and marketing are the new things we can learn later so try and Make plans and stick to them. Before you invest make a good plan and don't have emotions about your investment.

Exactly friend. Investments is putting your money in a stock or crypto that you understand and know it has too much to give as profits. If you look at your investment every day when price drops you will make a mistake to sell and what happens with Bitcoin is that everyone will sell where the bottom is.

[Hauwamambe 69]

Learning is a simple process. There is no way that you can learn everything at once. You will have learn a lot if things along the way and that is why you will develop full understanding after a few months of starting crypto. 

[Ludmila Castro 1153]

Very good advice, in any case I always say that the best way to learn is through experiences, each one must face their problems and solve them in their own way and at their times, you have to start with the little things and more here in the world cryptographic

[Anu1979 600]

Thanks  a lot  for sharing your experience it  will  help  us  to  stable ourselves in the  forum  further  daily  routine of learning  process  give  us  so much    knowledge about  trading  and  investment  we learn a lot  about  the  crypto in all 

[Arslan Ch 2163]

Good and useful tips. thank You for this useful information.I think we learn these things with the experience at the forum.If we spend more time at the forum with the intentions of learning it will benefit us and we can learn all the necessary information faster.And these point that you mentioned are very important and we should follow it to be successful.Stay Blessed!

[Ridam 7455]

Exactly brother, I most liked your number 3. The best time to buy btc is when market is completely in dip and it's the bottom. This bottom will be higher in every cycle of Bitcoin we should care about that. And when everything seems collapsing, if we enter in btc the profit will be really high. The best example is start of covid during the march. Bitcoin has reached to 4-5k$ and now we are 300% more than that level within a year.

[Nayeem1312 743]

This is very informative tips for all of us. I think our moral intention to join this site is learning. Here is lot of member who always keep sharing their experience with us and give us such a good tips. So as a member i really happy to learning something special from here.

[Abuhassan 89]

Crypto currency is a broader course and you can't know everything at a time but gradually you will learn one aspect step by step and is a technology that changes trends with the Eco system when new development comes out your are required to learn about it so that your knowledge will be updated.