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Taha BirÅŸen's avatar

When I first entered the stock market, I had these features, but if you have these features, the promise not to enter the stock market was too heavy, slyvain.

For example, I used to think that BTC was just an investment tool, but now I understand its importance for the future, I mean, people can change as they learn and put effort.

There is a black man who bought btc when it was 5 dollars, he is now a millionaire, I can't remember his name, and when I saw that man, I became interested in the crypto market, but day by day, I realized that nobody gets rich all of a sudden. The billionaires we see on the internet have suffered a lot to become that. It's true that crypto makes quick money, but no one gets rich all of a sudden.

Another mistake I made in the past was that I was constantly looking at the stock market. I spent hours at the computer looking at the price of the coin. I would be happy if the coin was worth 1 cent. I am ashamed now when I think about those days. Don't get me wrong, I respect those who analyze for hours on the computer, I mean those who watch the blank screen. This is because we are excited and rookies, but over time we get over them. I have many investments that I can't remember now, I used to check them every second.

There are a lot of people who panic and take their money in big falls, I don't know if they are doing well or badly, but I am one of those who do not, because there is always hope in me and I designed a plan. sometimes this can be stupid because I am making a loss but I have a thought that we are just at the beginning of the road, btc has a long way to go, indirectly other coins will rise, so the market will definitely rise, if the coin does not go bankrupt and close, the coin you made a big loss will rise one day and you will make a profit, but how much? I don't know if you will hold it.

I would like to give an advice, I usually apply it and I like it. Before buying a coin, definitely set a sales target and withdraw the principal when it reaches the target. As a result of this, your self-confidence peaks and you are happy, I think, give it a try.

Slyvain, everything written in the article is definitely something that a person who buys and sells crypto should not have. It's ridiculous that people don't enter the stock market just because they have these characteristics, because people can change, they can improve themselves, you taught us to learn from mistakes.

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Bahadır's avatar

I do not have any of these 4 symptoms. Situations that should not exist in an already knowledgeable investor.

I want to write one by one and briefly.

You want to get rich quick;

Believe me, there is no certainty of getting rich easily or quickly in any job anywhere in the world. You can be, but it's never certain. In this market, you must first love and trust this place, being rich is the result of this business. If you go in with that thought from the beginning, you will only be poorer.

You don't understand why Bitcoin is so valuable;

Let me tell you why bitcoin is so valuable in my own way. Think of your Smart Cell phones One of the best inventions of the 21st century. It is a valuable solution as it frees us from carrying around a computer, a game console, a music player and a photo camera.

Bitcoin, on the other hand, provides solutions to problems such as being tied to banks or governments, decreasing purchasing power, 8 am to 5 pm slavery, corruption. Here is the magnitude of the problems that Bitcoin removes from value.

You don't have the guts to handle big price drops;

There are always rapid changes in this market, either up or down. The important thing is to control your risk situation while the situation is stable. You should sell somewhere on the rise and buy again on the losses. In case of more and long-term depreciation than expected, you should be like a turtle.

Patience is the most important need. Only with patience and good research will you make investments that you will be very happy with in the end.

You like to be a slave to the current monetary and financial system;

Yes, unfortunately, 80 percent of the world is in this situation, but these people can change many things and make the world more livable. Their lives go on in a lie. They work like a robot from 8 in the morning to 5 in the evening. So what for :D

Thanks for the article, nice article Sylvain.

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