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How much money have you since lost investing in crypto?

Chibson

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But now the whole cryptospace is completely down. Those people who were holding their cryptocurrency for long-term purposes will have a serious depreciation most especially during when the price of bitcoins was at $69000.
There are many people who don't like to take their profit at the right time in cryptocurrency and that is very bad. it is always very important to take your profit and reinvest if you want to hold a cryptocurrency for a long time.
 

Sotherefore

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There are many people who don't like to take their profit at the right time in cryptocurrency and that is very bad. it is always very important to take your profit and reinvest if you want to hold a cryptocurrency for a long time.
That is true and at the same time it is very difficult for you to know the right time to take your profit . You may likely take your profit now and reinvestment, the value of your cryptocurrency will still depreciate if there's a bearish season.
 

Chibson

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That is true and at the same time it is very difficult for you to know the right time to take your profit . You may likely take your profit now and reinvestment, the value of your cryptocurrency will still depreciate if there's a bearish season.
This is why it is important for you to be very much disciplined. when you are not discipline you will end up losing a lot of your money. You need to take your profit whenever you are satisfied and not reinvest until there is a correction.
 

Syldan

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Actually cryptocurrency has not been everyone business it only takes few people to be able to continue after losing some huge amount of money. I lost interest in the business due to my lost of money some years back.
 

joy101

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My first time was when I tried investing $17 ,but due to bad network and typo error my bitcoin wallet was credited with $17cent ,4 days later my account was hacked .
For me I have lost alot of money on when investing on cryptocurrency which I cannot even remember so far, but for now i am not into cryptocurrency investment because I don't have much capital to lost.
 

Sotherefore

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This is why it is important for you to be very much disciplined. when you are not discipline you will end up losing a lot of your money. You need to take your profit whenever you are satisfied and not reinvest until there is a correction.
That is true , when I was investing in cryptocurrency most times I did not always know when the correction was over. Our expert will sometimes be saying that you have to continue buying even when it drops further.
 

Chibson

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That is true , when I was investing in cryptocurrency most times I did not always know when the correction was over. Our expert will sometimes be saying that you have to continue buying even when it drops further.
The experience I had with someone who claims to be a cryptocurrency expert has actually made me not trust on anyone again when it comes to cryptocurrency. It is better for you to learn by yourself and make your trades then when you make money, you take it and when you make some losses, you will also take it.
 

joy101

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My first time was when I tried investing $17 ,but due to bad network and typo error my bitcoin wallet was credited with $17cent ,4 days later my account was hacked .
In any business it is possible that you lost money when it comes to investing your money into business, so in cryptocurrency trading most people lost alot of money on the process them also gain too from the business, but for me I am not into cryptocurrency business.
 

Sotherefore

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The experience I had with someone who claims to be a cryptocurrency expert has actually made me not trust on anyone again when it comes to cryptocurrency. It is better for you to learn by yourself and make your trades then when you make money, you take it and when you make some losses, you will also take it.
For me , I don't really have any problem but the most important thing is how you will be able to learn all these things by yourself without having someone to guide you , that is the most important thing.
 

Chibson

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For me , I don't really have any problem but the most important thing is how you will be able to learn all these things by yourself without having someone to guide you , that is the most important thing.
Not everyone who is a professional learnt from someone else. There are a lot of materials and videos on the internet that can actually make you to become a professional. Even Elon musk is a self-taught engineer. There are also people who learn things like programming without any kind of mentorship.
 

Sotherefore

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Not everyone who is a professional learnt from someone else. There are a lot of materials and videos on the internet that can actually make you to become a professional. Even Elon musk is a self-taught engineer. There are also people who learn things like programming without any kind of mentorship.
The online community is very wide and because of that having access to high quality content for free that will help you learn about any particular skill of your choice is never an easy thingv, except a paid course on Udemy.
 

Chibson

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The online community is very wide and because of that having access to high quality content for free that will help you learn about any particular skill of your choice is never an easy thingv, except a paid course on Udemy.
The simple truth is that every information in those paid courses are somewhere on the internet for free. This is just the plain truth. There is a paid course about Amazon Kindle publishing that people are selling for over $40.00. I saw the course on a YouTube channel for free.
 

Sotherefore

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The simple truth is that every information in those paid courses are somewhere on the internet for free. This is just the plain truth. There is a paid course about Amazon Kindle publishing that people are selling for over $40.00. I saw the course on a YouTube channel for free.
How were you able to know that is exactly the one you saw on YouTube ? Just exactly without any different. Sometimes it is very difficult for you to know YouTube channels that are legitimate.
 

Chibson

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How were you able to know that is exactly the one you saw on YouTube ? Just exactly without any different. Sometimes it is very difficult for you to know YouTube channels that are legitimate.
When you see a particular course you will know. the person who has the YouTube channel is not the owner of the course. The person who has the course is the one teaching inside the video.
I met the person who has the YouTube channel in a forum.
 

Sotherefore

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J
When you see a particular course you will know. the person who has the YouTube channel is not the owner of the course. The person who has the course is the one teaching inside the video.
I met the person who has the YouTube channel in a forum.
Just that it will be very difficult for us to identify most of these genuine YouTube channel that is dedicated to help people in a particular online business. If people can identify it they wouldn't spend so much money trying to buy a course.
 

Chibson

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J
Just that it will be very difficult for us to identify most of these genuine YouTube channel that is dedicated to help people in a particular online business. If people can identify it they wouldn't spend so much money trying to buy a course.
This is not even a normal YouTube channel, but the person uploaded the course just to help out those who don't have money to purchase the course.
 

Sotherefore

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Ok
This is not even a normal YouTube channel, but the person uploaded the course just to help out those who don't have money to purchase the course.
Ok, that is a nice idea from him. It is very difficult for you to see such channel nowadays and most of the ones I've come across may have this information but will choose to say it indirectly that you don't understand.
 

Chibson

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Ok
Ok, that is a nice idea from him. It is very difficult for you to see such channel nowadays and most of the ones I've come across may have this information but will choose to say it indirectly that you don't understand.
There are many channels like that but you will not see them openly most times. The only way you can discover such channels is if the person gives you the link or someone told you.
 

Sotherefore

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There are many channels like that but you will not see them openly most times. The only way you can discover such channels is if the person gives you the link or someone told you.
Personally , I don't have any interest in YouTube videos. I always believe in YouTube videos when I came newly into the online space but none of those videos was able to help me make money online.
 

Chibson

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Personally , I don't have any interest in YouTube videos. I always believe in YouTube videos when I came newly into the online space but none of those videos was able to help me make money online.
that is because they kind of videos you are watching and fake. There are a lot of fake videos on YouTube but you can be able to separate the fake ones from the real ones if you are serious enough.
 
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