99% here are on the easy side of Crypto. No seriously.
Only thing you need to do is do research on coins and pull out your wallet to pay for them. While crypto devs take a big risk of potential fuck ups and other things while the community spits on them.
The harsh truth is people investing in shitcoins deserve to lose their money. It’s not that hard to take time to do your OWN research before aping in. I think many already learned their lesson.
There are many oppurtunities especially during this bear market to make money.
If you think you can get (almost) guaranteed profits when doing your own research you will most likely have a really bad surprise at some point
Once you understand this is nothing but legalized gambling and that the vast majority of crypto projects will never see any type of adoption you will have a better outlook on it. Buy and hold is only going to work on a select few projects.
Luckily for us crypto prices only go up. Free money!
*researching the entire crypto world being down in 2022*
Yea… couldn’t be easier …
>Making money could not be easier
I used to think the same thing before bear season started and I saw my money melt down in the crypto market
Greed really fucks a person’s life
A lot of mistakes, rugs or scams when you are investing in crypto can be avoided by having common sense. There is always some luck involved, but majority of problems are caused by just stupidity and greed.
Losing money could not be easier either.
Hard agree. You just invest in solid projects and simply hold. Couldn’t get easier than sitting on your ass waiting.
The key there is to do accurate research/digging and not get duped/crushed by larger forces at hand. There’s a bit of luck to this whole thing because some good projects die just like shitcoins do. It’s still an irrational and young market where fundamentals don’t always equal price action. Unless you’re buying BTC/eth, you’re not really making a play that’s shown long term resilience to new highs in a subsequent bull market- and even then, this trend may stop as we get into the multiple hundred billion/trillion dollar marketcap range.
I tend to lose money on alts whether I do research or not.
>99% here are on the easy side of Crypto
WTF does that mean? What’s “the easy side of Crypto” that 99% (of subscribers to r/Cryptocurrency, I guess) are on?
The one thing you missed which is the hardest is timing. If you can work out when to invest and when to take profits.
Etc and Bch….. Made me bank in this bear..
Study the charts etc at $14 and Bch at $108… No Brainers.
But you have to sell when you are up in a bear… Bc the price will drop back down, possibly lower than you bought at.
Intentional controversial post to whip up some engagement?
>Making money could not be easier
And
>Only thing you need to do is do research on coins and pull out your wallet to pay for them
So like, a lot of us are down 80%+. Riddlemethat
I had lots of my crypto on Celsius, so i can attest this is not the case lol
Talk is cheap. Its very easy to say all this. Can u say people didnt do research on lunc and that it didnt seem like a great L1? They lost more money than people in shib or doge.
Truth spoken.
Dogshit and Shitdog are shitcoins and they are bad for crypto in general.
Oh cool we’re all gonna make money coz this guy said so
Just DYOR and pick winners? Why didn’t someone say that earlier?
>There are many opportunities especially during this bear market to make money.
OP proceeds to name none.
Sir, where is the financial advice? xD
There is one tool that you must learn….
The 4 yr cycle…
3 years up, 1 year down….
It is that simple…
Making bank, bc I don’t buy the Ath in year 3…