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bogdanoff

Things we learn later

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As for me, I learned some of these things after personal experience,
I also recommend investing in Crypto in currencies that will remain for the next 50 years.
Good information and in its best section for every beginner to see.

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Digital currency field is a large area and contains a lot of gums so if we want to succeed in any field we must learn and earn experience so that we can successfully work in any special field of investment and trading

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Thank you for sharing with us such an insightful message. If we follow all these things we will definitely achieve success in the crypto world. I learnt the basic things here in this forum only. Crypto world is not a single step easy thing. Invest time and hardwork in it and it will pay you off. 

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All this we learn through our experience in the field of cryptocurrencies. The post here provide you with anything you want to learn. I have learnt a lot of thing from this forum and learning more day by day. Thank you for this valuable information.

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It took me some time too, and I learned most of these later. I haven't learned where to find the top or the bottom yet but I have a different plan instead of trading, it is to keep buying Bitcoin for at least 10 years and increase how much I can. It is a long term target and to many doesn't look that it has a chance but I am willing to do it and see what will happen. 

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On 11/12/2020 at 12:26 PM, 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.

i agree , you dont must to trade bitcoin to be able to make profit , you can hold for the long term and actually holding or the long term and i mean two years and more will bring to you more profit than buying and trading daily , im not the only person saying that .. 

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Thanks for sharing this info.Yes trading btc and investing them and making a good profit always requires a lot of experience and knowledge and strategy.many people who sold their byc before the rise of btc price are now felling that pain of losing its greater profit.But we should not get disappointed and leran from that mistake.

Edited by Tommas07

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You couldn't be more right here, mate. Many of use, including myself, just decided to jump into this world without much knowledge about it and end up learning all these fundamental stuff by means of experience, generally bad experiences,  I would say. I also wish I knew many of the things you listed in advance I invested in cryptocurrencies, would have certainly saved me from some headaches. My advice for beginners is to taking this list seriously and use it as a guideline for your own crypto journey.

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

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.

All of this will learn on experiences in crypto currency and not just in cryptotalk. When you started to experience one of these, it means you're stared learning something by your own. My suggestion in this is try to asked question to the seniors in crypto currency, you can't be successful by yourself so you need some friends in crypto to help you with your goal.

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I think everyone has their opinion about investing
But it is better to invest in Bitcoin than in alternative currencies
What you have provided is really valuable however
In my opinion, practice is the best teacher for humans in all fields, not just cryptocurrencies

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Very useful post.we learn late .we learn every day new things.bitcoin price increase day by day is best to buy it when its price is Low and sell when it goes up.

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Hello, the most important things you will learn later are trading and investing and the method of technical analysis of digital currencies, and then you will reap big profits. You will also learn a lot about digital currencies and become a leader in this field and an expert on the CryptoTalk forum
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Thank you, this is useful information and the price of bitcoin is increasing and it can be kept and make a good profit and not invest all of it and keep some of it until its price rises well and then sell it at a high and good price

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On 11/12/2020 at 4:26 PM, bogdanoff said:

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.

Hi dear your post is really informative it help to learn how to do investment or exchange and it will help new members to understand what they can do with their earnings they just need to wait for good time and a good profit and keeps on working

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A beautiful topic full of positive and good things, we need to learn a lot about Bitcoin before we can talk about it to others, there are many things that we have to know and we are still at the beginning of the road. I have spent about 5 years in Crypto but am still learning something new every day so we have to strive to permanently increase our knowledge.
Investing in bitcoin is the best, you said a good opinion that there is no good time to buy bitcoin all times is good because bitcoin rises permanently even if the price falls and remains for a long time, but in the end it will rise and after several years you will definitely be the winner.


 

 

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We always used to think that we are right ,what we said that matters to us ,what others are saying that doesn’t matter to us(like lena dena hi nhi h)

these thoughts usually people have in their mind .

Few months ago ,something happened in my life,which i would not have ever imagined . on those days whoever came to me ,i considered all of them as my enemies,like they are not with me or they can’t feel what i feel....

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Very good and explained post, I liked it, the best I can get from the posts I'm visiting and learning from each of you is that we are not afraid to invest in cryptomonies, but also that we wait for the perfect times to be able to buy as this way we can make profits.

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Buying and investing in cryptocurrency is profitable. Those who have been in this business for a long time have made a lot of money. We should have more detailed information about crypto. To earn a high amount, we must study the opinions of experts.

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Thanks for this tips. When I was a beginner and trying to understand more about crypto, I came to know that it's really good to store some bitcoin rather than investing since storing is a long-term it worth it cause bitcoin price is increasing day by day.

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Yes! Your are right most of things that we come to learn very late.at the start we are not expert in things but with the passage of time we come to about them. Practice teach us most of new things. Most things that are very important but we get knowledge about that. very late.

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Yes  you share a great experience with juniors and it it is is very beautiful and and very expensive things you share I think you share your all experience that is very helpful for us

 

 

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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.

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My friend, we must expand in the field of cryptocurrencies and we must learn the assets of the trader and there is a platform available, which is the Yopt platform, it is great, the work is simple and it is safe. Thank you very much.

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Thank you dear friend, a very important subject through which we can get an idea of the things we are aware of first.  Many new members join the forum and they don't have much idea about all the rules of the forum which makes low quality and useless posts.  Many are being banned.  Again some are learning from experience from seniors.  Which we should flame at the beginning.

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Thanks guide us. This things help us to know about cryptotalk currencies. As i am new member at this website i learn more things from my seniors.As i spend more time i learn more thing. You spend more time then you knowledge about cryptotalk increase. 

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