6 Crypto Investing Mistakes to AVOID (If You Want to Get Rich)
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- čas přidán 17. 07. 2024
- Is this YOU? Stop making these 6 Crypto investing mistakes that are costing you BIG TIME.
Crypto investing is no joke, and if you’re careless, you WILL lose money. Having invested in both crypto bull markets and crypto bull markets, these are the crypto investing mistakes I wish I knew when I just got started. Avoid these crypto-investing mistakes at all costs!
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
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Chapters:
00:00 Intro
00:34 Avoid high leverage trading
04:24 Falling in love with your coins
06:19 Trying to catch bottom and top
08:18 Chasing High Yield Farming
10:55 Locking up tokens for yield
12:38 Invest in what you understand
#crypto #cryptoinvesting #cryptocurrency - Zábava
Most of the Cryptos are down at the moment and now is a very good time to invest in them. The market is experiencing a fierce correction and now is the best time to stack up on those cryptos.
You're putting a good reputation to this channel and everyone reading this, Nice job... Its really needful for beginners not to settle for videos alone or they will see their self losing all their money just like me when i newly started trading with this videos here on CZcams
I've watching several CZcams tutorial videos about trading, Still I count on losses
@@AmyCwakeo Before following a trading strategy, it is better for you to read backtest results from the related trading strategy, it can help you optimize and improve your trading strategies.
@@robertmontalvo5500 I’m yet to see the backtested results in my trading account, so I’m also working on being more aggressive in adding to winners.
How does this trading stuff work? am really interested but I just don't know how to go about it. I heard people really make it huge trading
Smart man. Many CZcamsrs have never mentioned what he has just said. I know. I watch ALL of them
Thank you. Great content.
FINALLY someone who is realistic and not a moonboy. thank you
Excellent Video as always, clear and concisely delivered.
Thank you bro, god bless you
Great video, very informative
thank you so much
Your content is just awesome!!! thanks for sharing your thoughts and ideas on social networks!!
Thanks!
Nice content....
Straight to the point
Thanks much love from Ghana 🇬🇭
great tuto thanks
Thanks for these tips. Great explaining the risks.
thankx.
Thank you for your videos........your honesty is refreshing and unique.........don't ever let your success change your approach
Ty , great video ❤
What a great video,... quality
Thank you
Great video my guy, hope you fresh-out the “take profits” mistake more!
Great content - Precise and Informative. My current portfolio bags has no value been investing on wrong projects. Glad I found your channel at least now to Start investing. Thank a lot. Keep up your good work
Good video
Legend!
I'd love to see a video from you about P2E projects, like DeFi Kingdoms for instance. The content you provide in each video is great value to your subscribers and the whole crypto community. Keep up the good work! Thank you 😉
Yo, you're an awesome channel: technical, informative, and likeable personality. I encourage everyone interested in crypto to follow.
I’m not sure how Bacon only has 31k subs. He’s probably in the top 3 crypto channels I’ve seen over the last 6 years.
341K at this time ... ROCK ON
Hey Bacon you are among my new favorite content creators.
I always get a kick when people call me bacon haha, has a nice ring to it. Thanks for the kind words
Thanks for tips... from India
Thanks for producing clear, informative content with excellent presentation, I discovered your channel recently and find the coverage genuinely very useful and better than many other more established crypto CZcamsrs.
Congrats and wish you well for further success.
Thanks for the support Andy!
Love it! Know when to hold em’, know when to fold em’!
may you be blessed forever
Can you please do tier list again,the old one was just impressive would love to get a update on it. Thank you
Won't be doing a top 100 tier list right away, but will be doing tier lists for other categories! Stay tuned
Super
Awesome vid! I’ve been getting back into crypto for the last couple weeks and I’ve easily learned the most just watching your videos for a couple days. Thank you!
Thanks, now.. do you have a Time Machine?
Coin bureau is good as well
BETTER LATE THAN NEVER! actually this probably is the perfect time for me to learn this world at the ripe young age of 50=) !! THX VB
Hi, I’m new to crypto. Thank u for the infos. Started buying Btc n Eth on Binance. N I’m keeping btc on flexible simple Earn for some interest. Since I can take it back anytime, is it considered safe? I put my eth on Ethereum 2.0 staking n holding Beth. Is it a good idea?
I think Binance could possibly be borrowing customer funds but I don’t work there so I don’t know.
Can’t get the newsletter. Tried several times
Lo❤❤❤❤❤❤❤❤❤❤❤❤ve this content...
I lost money when eth went to PoS. Started mining on last year december, starting to wana buy asic miners to mine now, any thoughts?
Great video as usual. May I add a tip to avoid being scammed.
Confirm the official website of a project on Coin Market Cap and Coin Gekko.
Confirm the official social media pages of the project’s official website, such Twitter, Telegram, Discord etc….
Never use a link from anywhere else.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@aishatuabdullahmuhd1088 You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.
@@mohammeddumadi8323 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?
@@mohammeddumadi8323 Please I'm very much interested. How can I get touch with this coach, i really want to give her a try.
If I had to follow one mentor it would be virtual bacon.
Just found this channel and it’s great! Great content! Thanks for sharing! It’s a shame most people get caught in the moon-boy mentality because channels like Bitboy that only tell people what they want to hear. This is the kind of content newbies need in a bear market, not Carl The moon. If you’re new to crypto avoid those moon-boy channels another piece of crypto non-financial advice.
Glad to have you here Tom, I'm glad you are enjoying the content, it's why I do it!
where is the Uniswap video you mentioned
Registration on your website is not working. I’m not getting email confirmation 😊
This is the only crypto trading channel that I consider serious and interesting. And I don't do trading but these videos are good
Leaving out the obvious like bitcoin and eth, How would you invest a thousand dollars in crypto now for maximum returns?
Do you think shiba inu reaches 1dollar , anytime soon ??
Bro you supposed to get at least 1mil subscribers!
What is wrong with peoples nowadays!
recommend the best crypto trading signals provider?
MyCryptoParadise is best for crypto trading signals.
🎉 you work for over 30yrs to have $1M in your retirement,meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.
A lot of people today have been making lots of profit through trading of cryptocurrency
Having adequate orientation or knowledge about bitcoin trade or any other crypto currency is a key to a profitable and a successful investment
Also a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists
I have been seeing so many recommendations about Arlene Bryan trending, her strategy must be good for people to talk about her
I invested with her after I got a loan from a friend and now after receiving profit, I paid my friend and reinvested over and over again. I must say she's a very transparent and honest personality
Locking token, Look like ETH
Animal Farm is a great farm… been around a long time
1. Should be - do some actual research before judging a project.
If your actively watching it you can hit 100x for short term gains. If you set your stop loss you wont get liquidated
Using 50-75x even 80-85x leverage is fine on bitcoin. On Ethereum its much more dangerous. A 50% swing for bitcoin is very unlikely
I agree to not even mess with leverage trading. I lost a lot of money doing this. Trust me, it may seem tempting but we are in such a good position in this bear market rn, literally all you have to do is build a strong portfolio by DCA’ing with a good base and wait for the next big bull run to start taking profits.
Hi
You think moonrabbit $AAA is good to buy ,plsss make a content abount moonrabbit pls
No, lol. BTC ETH & MATIC... That's it.
You lost me when you said Alameda and professional traders in the same sentence!
A lot of scammers among comments, so watch out .
Mistake 7: not buying bitcoin
(1) No leverage. (2) I don't sell when drop in price. I DCA. (3) I start selling if 10X from break even.
Good long term:
MATIC
ADA
ATOM
ONE
SOL
FTM
ANKR
GRT
Good short term:
MANA
AXS
OMI
ONE
Bitcoin is depressing when you're broke lol but i guess thats part of it. #stakeLUNC #LUNCBurn
We need YOU to sell on losses , so we can profit by buying low! Panic you fool, PANIC! And most importantly, don't you dare to BUY 🤣🤣🤣🤣🤣 Crypto goes to zero, take your losses and go!
We are almost approaching the bull market you can still bag $GHNY but regardless of the condition of the market, you can still earn which makes this gem outstanding.
Wholeheartedly he’s an astonishing person. He uses his time, moves and basically his life into helping people who are less fortunate. Using an excellent money recovery model as well in making profits, he really is still doing it out of his own heart. You really are a saints *APEXDEFT* and a wonderful wonderful persons. Love from New York
brother you are the BEST honest analyst and sharer of crypto knowledge. Thank you for sharing knowledge 🏩
Im investing in a gmx fork called phamous. Led by one of the prominent memebers of the RH community, I have high expectations of their success.
There is a lot of money in the RH ecosystem but gmx doesn't provide those services for the big whales to participate with coins in the RH ecosystem.
Im gonna get in early because Phamous will have a giant first movers advantage as they become the first leverage trading service on pulsechain.
What is you twitter??
Your approach and jobtelling is GENIUS and you're establishing yourself as a one of a kind communicator that I believes few have ever seen on this platform. And I think you definitely succeeded in making sense of it to the world! *Apexdeft* on the internet Keep up the good works my friends
Wholeheartedly he’s an astonishing person. He uses his time, moves and basically his life into helping people who are less fortunate. Using an excellent money recovery model as well in making profits, he really is still doing it out of his own heart. You really are a saints *APEXDEFT* and a wonderful wonderful persons. Love from New York
Your approach and jobtelling is GENIUS and you're establishing yourself as a one of a kind communicator that I believes few have ever seen on this platform. And I think you definitely succeeded in making sense of it to the world! *Apexdeft* on the internet Keep up the good works my friends