You and your colleagues deserve the highest praise possible. Much appreciation for your excellent *UNIVERSALDISPUTE* Continue the excellent work that you have been doing. Millions of Europeans are grateful to you for keeping them safe from those cruel people. That which you sow reaps what you sow!!!!! Give it to them!! May God reward your kindness for assisting us, the victims...
100% man, I think opportunities always come, it’s always about timing, patience and capitalising on the profits. I myself I’ve made too many mistakes in life and only learnt from them now. From the last bull run I made near 90-100k from 3k. I ended up losing it all and much more after sending me into debt that I’m still paying off. But I’ll be honest that experience just taught me a lot that I wouldn’t understand without experiencing first hand. I still have flashbacks to my account balance being near 100k. But I know I’m a hustler at nature and will bounce back even big, especially this bull run and going to be smart about it. What crypto coins you looking at currently bro ?
For those getting in to crypto, just stick with Bitcoin and ETH and hold for the long term in a cold storage device like a ledger. Only invest what you’re willing to lose and never use leverage
Trading cryptos is bad, unless you're one of the very few with a talent for trading. Most "traders" lose everything. It's a zero-sum game. Trading cryptos with LEVERAGE is basically insane.
Don't feel too bad. If you haven't blown out an account or two, you don't know everything about investing. You need to feel it in order for the lessons to stick. The silver lining is that if you're observant, you'll be able to chart your own course instead of relying on someone else.
Invest max 20% of your sallary. 50% Bitcoin, 30% Ethereum, 20% risk coins. When your risk coins pumps use it to buy more Bitcoin. In the end you want to be 100% Bitcoin. No Leverage or Debt.
Sorry to hear this mate, I sold 100% of my positions early December 2021 and to be fair influencers were shilling hard at that time "It's going higher soon" BS.
@@jaydenrise7186 it comes with experience in the market and takes time. You need to learn to not trade on emotions set yourself a plan and stick to it, this includes entry and an exit strategy.
Bitcoin began December 2021 at 53,000 and ended the month at 48,000. Influencers said it will “go higher soon.” Well, here we are in 2024 and Bitcoin is predicted to go much higher than your position in December 2021. Too bad 3 years wasn’t “soon”enough for you. That’s on you.
@@jaydenrise7186 Accumulate Bitcoin. Never sell. Treat Bitcoin as digital gold. A storage of wealth. Listen to Michael Saylor make his compelling case for Bitcoin. Consider meme coins as gambling, example Doge and Shiba. Look into ICP, XRP as potential big money winners in the future. Accumulate while they are still low. Hold. Buy more on dips. Dollar cost average. Any time you can lower your average price per coin…seize the opportunity. Don’t listen to the “moon boys.”
The advice in the video is excellent and true for an ambitious person. It was easier for me to get rich when i learnt the method of diversification for my investment portfolio. Like spread my investments across different asset classes to manage risk. I focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks and bonds. Used the value strategy to seek out undervalued assets for potential long-term gains. Worked magic!
This is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. That is how people are able to make such huge profits in the market.
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Evelyn Infurna, she is my current trader and her strategies are working
That's great, your lnvestment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?
You do when sometings going to near zero and never returning to ATHs...go ask Neo, Waltonchain, Power Ledger, IOTA bagholders how hodling worked from the tops.
Use bitcoin as a savings account. Dont trade. Dont time the market. If you do this the bull market feels awesome but in the bear market you accumulate. If you do this for 10 years you win.
14:41 Lol I can relate Got in last bullrun, everything went up, I felt like the smartest person in the world. Lost pretty much everything I made, but the lesson I got out of it was huge, I am still trying to learn everyday, even tho it's hard for me to learn things. Good luck dude, hopefully 24/25 you at least are able to get your money back
Imo, learn everything about BTC 1st, can watch documentary "Banking on Bitcoin 2016" Then learn about BTC, halving, mining, transactions, storage of value like Gold. Then learn about ICP & ETH. Once you get through that, you can literally look at a crypto and make comparisons, theres terms like layer 1, layer 2, tokenomics, POW, POS, you have to learn, then theres tools you can use like etherscan & token unlocks etc... I'm really good now where I don't need help from anyone, I just listen to youtubers that know what they're talking about and see if I can find other cryptos.
Timing and entry is everything. Sounds like you got it at the top of the bull market based on the percentage losses you mentioned. Don’t sell brother, don’t lock it in. The next bull run will be huge and you will get your money back, plus some. Best of luck. But just remember, knowing when to sell is more important (or just as important) then entry. Liquidity locations can be found easily in the charts.
I am with you bro. I also lost nearly 70% because of listening to RUclips influencers. Some meme coins are completely dumped and not coming back. Now i understand how important risk management is
@@zxr250 you literally don’t understand crypto then at all. Do you have any idea how profitable these businesses are? Look at how much MakerDAO earns in fees off DAI. I think it’s like 220 million $ a year. Look at how much in fees AAVE earns. Look at how much Cornacopius earns. These are 3 examples just rattled off. Do you really think investors throw in millions of dollars for no reason? If so you’re a fool. I think you’re thinking of Bitcoin. Bitcoin itself does not earn. It’s a value storage proposal which is why the biggest banks in the world hold it. You got a lot to learn before commenting something so dumb!
TLDR - 'Crypto is a ponzi scheme run by shady people that will use you.' At 65 and having tried everything from network marketing to investing in penny stocks to property, I learned that you'll always lose if you chase fast money, you're better off investing in assets with real value, like property and rental investments...slower but solid.
You dont have a clue about crypto. You wont be rich investing in stocks with 1k. In crypo i made tons of money with good research. I have some set of rules which needs to be met before i go and invest in a certain coin. Always have in mind the bull cycle is 2 years and you need to cash out BEFORE people dumping their shte. If you have 100 thousands of money you can easily invest in stocks and be happy with a 1%-10% return. The majority of people dont have these kind of money.
I think it's all about timing and patience, I started up-ing my Crypto IQ in Feb 2023, learned everything about BTC, halving, mining, transactions, storage of value like gold, history, etc. then discovered ICP, learned everything about that and ETH. I picked up a number of cryptos since then, but have consolidated into 75% KAS & ICP and then have some lotto picks. currently up 30k net in the market mainly because of KAS. I don't reccommed trading in crypto, unless you are a true expert. I don't plan on selling anything until 2025
Success always comes with Failure. Crypto should always be a small part of your portfolio. Invest more heavily in stock market in good long term companies. People need to understand that they need to do their own research as well
I am 60 and I made the same mistakes. I finally learned the only cryptos that are worth investing in are the ones that solve a real-life problem. The best example is UBER. Not a crypto as such but a technology that revolutionized the taxi industry. There are cryptos that are in fact tech companies bringing profound innovations that will be adopted at some point. Hang in there.
Just came across your channel buddy and have to be honest I picked a lot of lessons from your story. I subbed for you bro and will be looking forward to hearing and learning more from you ✊
i'm no expert in crypto but investing 40k into shit and low cap coin is crazy,unless you're already invested at least 500k into some top 10 coins,your low cap and shit coins should be at most 10% of your total investment
I did similar mistakes during my first crypto bull run. Did less mistakes but still some big ones during the second. This time around I might get it right.
The moral of the story you chased scam projects and sold legit projects too early. Sold too early in Tesla. Sold too early in Ethereum. From your buy in points you had amazing buy ins so I’m not s
Problem with guys like yourself and newbie’s was most don’t understand first how the cycles 🔁 work and narratives and price points . It sounded like you were just bloody trading man not actually investing 🤦🏽♂️
Some of the coins that he mentioned are very high risk. People need to understand that crypto can go down so bad via rugpull. I never waste my time in these pump and dump coins promoted by RUclipsrs.
Where you made mistakes is not getting into XLM and XRP for short term and long term investment sir! Time to get in not too late!Damn, no wonder you lost it all , invest into coins with utility for long term! Good luck
Every single time - deviating from the large caps BTC/ ETHs and going for the get-rich-quick promotions in peak bull-market. Dunning Kruger syndrome but if Max calms down on the trading, invests in the large caps and realises that investing in general is not meant to be quick money. If you want big money and quick then you're going to have to work your craft and offer marketable and scarce skills.
That's what I do. I'll put $20 in here and there. If it 10X's or 100X's then I made some money. If not, no skin off my back. The vast majority of what I buy is BTC. I buy $25/week no matter what. I never put in more than I can afford to lose. When I buy Crypto, stocks, ETF's, bonds, etc I consider that money to be gone. So far, I haven't lost money operating this way.
A crypto going down 99% is a sign that it's complete junk. Will never return. I've been involved with crypto for over 10 years. I have seen time and time again the "next generation" coins. 99.9% fail
@@CraveThatCoin bro ethereum lost like 80 percent of its value this bear market along w chainlink sol ads algo ect ect. You sure you've been here 10 years? Maybe you're on the wrong boat
@@jontuckermustdie i said 99.9. Etherium is the acception. The other coins you mentioned are very new. Trust me they will fail. Check the way back machine on top 10 cryptos. The only ones that have held up are around 10 out of 3000+
you will be able to offset the loss, on the super gains youll make year end and 2025. Just make sure take your first 20% this year, and leave the rest to run. Dont leave to end of the bull run ok
I know some millionnaires in crypto (not changed in FIAT for now) and they have their main percentage in BTC/ETH/USDT. they "gamble" only with 30% of their portfolio at max. They have changed almost all their cryptos in USDT and invested in new project since the bear market. And the big mistake is only to listen to the "youtube influencers". The good people are those with discord community without a big "entrance ticket price". For my experience, the "yt miners" are better than the others. I'm investing on small projects but each one for max 1% of my portfolio.
Mate i hope your wallet will go up.i am in crypto in the last 3 yers.i was on minus all this time.i understand all your frustration. My portfolio it started to go up.i am.hoping on 2025 to make some money. Good luck
I stay away from small cap cryptos. My wealth building strategy is to accumulate and hold BTC first and foremost. I hold some ETH as well. The speculative crypto I accumulate and hold are ICP & XRP.
Another bull market here mate, so now get back into it and make lots of me. I lost a lot too. I got SOL and DERC and others too but I hold and hopefully sold at the high. Thanks for the story so I can be more careful on my crypto. I do a lot of research also on many crypto
100% man, I think opportunities always come, it’s always about timing, patience and capitalising on the profits. I myself I’ve made too many mistakes in life and only learnt from them now. From the last bull run I made near 90-100k from 3k. I ended up losing it all and much more after sending me into debt that I’m still paying off. But I’ll be honest that experience just taught me a lot that I wouldn’t understand without experiencing first hand. I still have flashbacks to my account balance being near 100k. But I know I’m a hustler at nature and will bounce back even big, especially this bull run and going to be smart about it. What crypto coins you looking currently bro ?
I understand buddy. I lost a year of saving in an incredible scam project using crypto for transactions. First investment experience. After that, I got into crypto gradually, but steadily doing max research before taking any action and sticking with top coins.
Alex Becker does shill stuff he's invested in but he's always been transparent about it. He also repeats over & over & over again "do not go invest in any tokens that I'm talking about" he simply gives examples of how he thinks about potential tokens. He spends plenty of time talking about things he's not participating in as well. Kale Show stay far far away...that guy simply just watches Alex Becker and other content creators then creates his own RUclips videos parroting them all. He doesn't understand crypto, himself...he just understands how to scam his own audience.
I put some of my money in smaller and more risky crypto projects, most will probably not work out. The majority of my crypto money though is in bigger names with more established models. So, if crypto does well longer term, so will I. I think the temptation is that everyone is looking for a project that could 100x or 1000x. I am sure they exist but are incredibly hard to find early before the price takes off. I don't have stats on this but my hunch is that for every project that does a 100x, there are many hundreds that will go to zero.
I lost a chunk when one of the exchanges I was using (Celcius) went under. I may get it back but I only kept some crypto there, not all - I keep most on a wallet). I am considering getting back in again but looking for a newer token that I can buy a LOT of, in the hopes it will start pumping in a few years. This is money I don't need to touch until I see significant gains. Any suggestions would be appreciated.
Dude I am not kidding on this one: Qubic Network ($Qubic) You can get first information from the channel "crypto empire" after that read their official documentation. It. Blew. My. Mind. This project is in delevopment since 2015 by an absolute genius of a developer. He has a proven track record of big Hits and this is baby. The coin is in it's early early listing stage and it's only listed on very small exchanges right now but they said they will list it on bigger ones soon. Worth the hustle in my opinion. Once it gets listed on big exchanges prices may go up way more because it will be easier to buy. Of course do your own research before jumping in. But I saw your comment and wanted to let you know. Let me know what you think about the project, brother
I had a portfolio at the end of the last bullring which lost 95% of its value, but I just left it because I believed in the coins anyway they had good utility. Anyway they have started pumping and NOSANA has pumped 1300%. So be aware of nasty bear runs... get out early!
Thank you for taking the time to tell your story. The "greater fool theory" is true in the cryptocurrency market and in equities. Big money or smart money knows the theory and they manipulate the market to where we, the dumb money, will buy and hold at a higher price.
Once you figure out if you want a simple lifestyle vs a lavish lifestyle you will realise what you need to do. I choose simple lifestyle. For that i only $300-400k net worth that pays 3% dividends a year. Which is $1000 a month passive income to live on. You best believe i am leaving the West to stretch it further in Asia / Africa. But if you want a lavish lifestyle, you gotta take risks and work a lot of hours till ur 40-50. Hopefully you don't divorced by then or take big losses. Pick the route you find easiest i would say. We are all gonna die at the end. So go for it whatever ur life goal is.
I feel you bro I lost 15k on stocks but luckily invested in bitcoin cash and made exactly 15k in profit and not a dollar more I feel like this is a second chance from god and I’ve considered reinvesting that 15k but remembered how bad it made me feel to lose 15k and stopped myself
Just accumulate , mine and compound. DCA and avoid trading or leveraging. Stick to blue chips like Bitcoin or Eth if you have nothing. Hold your own keys never hold them with a 3rd party exchange.
RUclipsrs shill coins they have to sell when it goes up, the worst guy shilled TAP announced he bought 100k plus the price doubled and guaranteed he sold making 100% off his patreons...This happens a lot so do your own research believe in the technology and wait for bull market.
seems to me that you need to get into technical analysis and learn to trade rather than holding the bags and hoping numbers go up. as you said, risk management. good luck hope things work out for ya and you get ya moon shot!
I am still new into crypto Industry with just 9 months, but what I have leaned in this industry is don't follow influences because it will ruin you easily second thing is try to invest in a well established projects though the return might not be as huge as on other newer projects but also it is hard to loose. The first top 100 coins by market cap is far better for investment than new project, no matter how they exaggerate the newer projects.
Sounds like you fomo in when it was ATH in 2021 bullrun 😂 I hope you’ve been dcaing last year bear market you be up by now and hold until 2025 upcoming bullrun will be bigger than 2021
As a Layer one developer it is very sad to see how retail investors get sucked in to over priced, over hyped projects like XRP and ADA. Its just cult brain washing. They have no clue about the fundamentals of the projects.
Thank you, *fancyresolved* for your outstanding service and for restoring my confidence in navigating the crypto landscape. Your dedication and professionalism have made a lasting impact, and i am deeply grateful for your support.💯💯 !!!!
I understand getting returns with low market cap cryptos but I feel like the narrative of a crypto is important. Most of the cryptos you are down on I never heard of them before. I just prefer to see where the money is flowing first before investing because we are still extremely early in crypto.
The digital market turned out favorable! $60,000 every month. I can now give back to the locals in my community and also support God's work and the church, God bless America
Sell the losers and put the remainimg money into projections you have strong conviction... I learned the same painful lesson in my first bull run. I have spent a lot time on understanding how to analyze projects.
I’ve been watching crypto for the last 4 years and didn’t invest a dime. I am sorry for your losses as this crypto market is full of shit,pumping and dumping very real. You have no choice but to wait until this bull halving of bitcoin in the next year,hopefully you’ll get your money back and be more careful next time. Markets are controlled by charlatans exactly like casinos,you are just a tiny fish surrounded by sharks ready to have you for lunch!
You just explained most peoples experience with crypto. Stick to the real blue chips with most of your bag. Only buy shit coins with a low single digit percentage of your portfolio. Don't watch any "Projects that will 100x/50x/etc" videos, those play to your emotions and almost always lead to bad decisions.
sorry to hear this, I lost about 25k with break-outs on stocks at that time. And again I have 2/3 of my money in warrants until end of 24 :/ Aged 36 :D Thanks for sharing!
Sounds like you had a few 5-10X wins, a dream for the average stock investor It would be helpful to see your conclusions amd learnings. What are they? Gave up on crypto Sounds to me that you know about 1) how to research 2) understand potential and how to time the top and sell with profit 3) know more about total bull cycle top and when to get out of the market 4) have learnt about having cut loss set for all tokens So with that you should be able to kick serious ass this bullrun? I resonate with your story and came into crypto at the sam time and have learnt so much…
all you have to do is buy it, wait, sell it later. Anyone who follows these simple rules makes money on crypto The rest try to outsmart the market like yourself and get rekt. OOOOF
Just be careful. You made well on the top 10 coins, if you come back sit in those with a coople of gambles on the small caps. We're all down on shit coins. Chin up mate, you'll be ok.
He bought some good things at first and made money on it and got out at the right time . Look up things like chainlink and uniswap do alot of research and become familiar with their use cases bitcoin with be the most certain one
You and your colleagues deserve the highest praise possible.
Much appreciation for your excellent *UNIVERSALDISPUTE*
Continue the excellent work that you have been doing.
Millions of Europeans are grateful to you for keeping them safe from those cruel people.
That which you sow reaps what you sow!!!!! Give it to them!!
May God reward your kindness for assisting us, the victims...
The only way you can lose it when you don’t have a good portfolio manager.
As a new beginner you surely need a professional to assist you unless you will loss your money and time.
I consider myself so Lucky to have such an amazing friend and manager too.
Digital currency has a great impact in our economy for years now.
If not Andrea lund I would have lost my hard earned money to fake brokers out there.
How can I reach her platform ?
I lost 100k and I'm still not crying like a Bitc because if you learn from your mistakes you will become wealthy
You are kewl
100% man, I think opportunities always come, it’s always about timing, patience and capitalising on the profits. I myself I’ve made too many mistakes in life and only learnt from them now. From the last bull run I made near 90-100k from 3k. I ended up losing it all and much more after sending me into debt that I’m still paying off. But I’ll be honest that experience just taught me a lot that I wouldn’t understand without experiencing first hand. I still have flashbacks to my account balance being near 100k. But I know I’m a hustler at nature and will bounce back even big, especially this bull run and going to be smart about it. What crypto coins you looking at currently bro ?
Exactly. I lost a lot too. But stop greediness and practice Degen trading
Def. I lost some heavy gains man but learned to sell and be DISCIPLINED eith your exits, holds and buy ins!
Same here I get stuck marrying my bags.
For those getting in to crypto, just stick with Bitcoin and ETH and hold for the long term in a cold storage device like a ledger. Only invest what you’re willing to lose and never use leverage
Trading cryptos is bad, unless you're one of the very few with a talent for trading. Most "traders" lose everything. It's a zero-sum game. Trading cryptos with LEVERAGE is basically insane.
@@cryptotharg7400 I’m rubbish at trading so I only buy Bitcoin and ETH
XRP.
ADA
Simple but not sure if most people understand that.
Don't feel too bad. If you haven't blown out an account or two, you don't know everything about investing. You need to feel it in order for the lessons to stick. The silver lining is that if you're observant, you'll be able to chart your own course instead of relying on someone else.
Invest max 20% of your sallary. 50% Bitcoin, 30% Ethereum, 20% risk coins. When your risk coins pumps use it to buy more Bitcoin. In the end you want to be 100% Bitcoin. No Leverage or Debt.
The title of the video should be I chased scam cryptos and lost money
Sorry to hear this mate, I sold 100% of my positions early December 2021 and to be fair influencers were shilling hard at that time "It's going higher soon" BS.
How were you able to manage your emotions during that? (I’m new, and trying to learn more about investing psychology)
@@jaydenrise7186 it comes with experience in the market and takes time.
You need to learn to not trade on emotions set yourself a plan and stick to it, this includes entry and an exit strategy.
@@jaydenrise7186just look at fear/greed indicator and do opposite. Fear - buy, greed - sell
Bitcoin began December 2021 at 53,000 and ended the month at 48,000. Influencers said it will “go higher soon.”
Well, here we are in 2024 and Bitcoin is predicted to go much higher than your position in December 2021. Too bad 3 years wasn’t “soon”enough for you. That’s on you.
@@jaydenrise7186 Accumulate Bitcoin. Never sell. Treat Bitcoin as digital gold. A storage of wealth. Listen to Michael Saylor make his compelling case for Bitcoin. Consider meme coins as gambling, example Doge and Shiba. Look into ICP, XRP as potential big money winners in the future. Accumulate while they are still low. Hold. Buy more on dips. Dollar cost average. Any time you can lower your average price per coin…seize the opportunity. Don’t listen to the “moon boys.”
The advice in the video is excellent and true for an ambitious person. It was easier for me to get rich when i learnt the method of diversification for my investment portfolio. Like spread my investments across different asset classes to manage risk. I focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks and bonds. Used the value strategy to seek out undervalued assets for potential long-term gains. Worked magic!
This is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. That is how people are able to make such huge profits in the market.
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Evelyn Infurna, she is my current trader and her strategies are working
That's great, your lnvestment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?
Run a quick online research with her name.
Evelyn Infurna
The algorithm brought me here
Lost 25k playing with nfts ..... gave up on jpegs but been steadily building the crypto bags when i can. Roll on the next bull
🤕
You don’t sell at a loss that’s the problem patience is a virtue
You do when sometings going to near zero and never returning to ATHs...go ask Neo, Waltonchain, Power Ledger, IOTA bagholders how hodling worked from the tops.
true!
Use bitcoin as a savings account. Dont trade. Dont time the market. If you do this the bull market feels awesome but in the bear market you accumulate. If you do this for 10 years you win.
14:41
Lol I can relate
Got in last bullrun, everything went up, I felt like the smartest person in the world.
Lost pretty much everything I made, but the lesson I got out of it was huge, I am still trying to learn everyday, even tho it's hard for me to learn things.
Good luck dude, hopefully 24/25 you at least are able to get your money back
Imo, learn everything about BTC 1st, can watch documentary "Banking on Bitcoin 2016" Then learn about BTC, halving, mining, transactions, storage of value like Gold. Then learn about ICP & ETH. Once you get through that, you can literally look at a crypto and make comparisons, theres terms like layer 1, layer 2, tokenomics, POW, POS, you have to learn, then theres tools you can use like etherscan & token unlocks etc... I'm really good now where I don't need help from anyone, I just listen to youtubers that know what they're talking about and see if I can find other cryptos.
What was the lesson?
@@QuantumPhantum lesson is understanding what you are investing in and how to research properly.
end of next year I think
Timing and entry is everything. Sounds like you got it at the top of the bull market based on the percentage losses you mentioned. Don’t sell brother, don’t lock it in. The next bull run will be huge and you will get your money back, plus some. Best of luck. But just remember, knowing when to sell is more important (or just as important) then entry. Liquidity locations can be found easily in the charts.
Actually he could sell and buy right back in and get those sweet tax benefits
Sorry to hear this man, but that's how you learn in this crypto journey. Everything's gonna be alright.
I am with you bro. I also lost nearly 70% because of listening to RUclips influencers. Some meme coins are completely dumped and not coming back. Now i understand how important risk management is
You lose only when you sell. Don’t over lever yourself ever in investment.
Crypto is not an investment. There are no fundamentals, cash flows, nothing. It's just buying a "thing" and hoping someone else will pay more for it.
@@zxr250 you literally don’t understand crypto then at all. Do you have any idea how profitable these businesses are? Look at how much MakerDAO earns in fees off DAI. I think it’s like 220 million $ a year. Look at how much in fees AAVE earns. Look at how much Cornacopius earns. These are 3 examples just rattled off. Do you really think investors throw in millions of dollars for no reason? If so you’re a fool. I think you’re thinking of Bitcoin. Bitcoin itself does not earn. It’s a value storage proposal which is why the biggest banks in the world hold it. You got a lot to learn before commenting something so dumb!
@@zxr250 LOL
@@zxr250. You need to do more research, i suggest 😂
@@zxr250lol
TLDR - 'Crypto is a ponzi scheme run by shady people that will use you.' At 65 and having tried everything from network marketing to investing in penny stocks to property, I learned that you'll always lose if you chase fast money, you're better off investing in assets with real value, like property and rental investments...slower but solid.
Blackrock about to get a bitcoin and ethereum etf do your research instead talking nonsense
Everything is a ponzi scheme even the dollar when u understand this its easy to take advantage and make money
You dont have a clue about crypto. You wont be rich investing in stocks with 1k. In crypo i made tons of money with good research. I have some set of rules which needs to be met before i go and invest in a certain coin. Always have in mind the bull cycle is 2 years and you need to cash out BEFORE people dumping their shte. If you have 100 thousands of money you can easily invest in stocks and be happy with a 1%-10% return. The majority of people dont have these kind of money.
I think it's all about timing and patience, I started up-ing my Crypto IQ in Feb 2023, learned everything about BTC, halving, mining, transactions, storage of value like gold, history, etc. then discovered ICP, learned everything about that and ETH. I picked up a number of cryptos since then, but have consolidated into 75% KAS & ICP and then have some lotto picks. currently up 30k net in the market mainly because of KAS. I don't reccommed trading in crypto, unless you are a true expert. I don't plan on selling anything until 2025
Success always comes with Failure. Crypto should always be a small part of your portfolio. Invest more heavily in stock market in good long term companies. People need to understand that they need to do their own research as well
I am 60 and I made the same mistakes. I finally learned the only cryptos that are worth investing in are the ones that solve a real-life problem. The best example is UBER. Not a crypto as such but a technology that revolutionized the taxi industry. There are cryptos that are in fact tech companies bringing profound innovations that will be adopted at some point. Hang in there.
you mean like icp
i lost 54k in MULN< METX, FAMI, MCOM, and AMC
Just came across your channel buddy and have to be honest I picked a lot of lessons from your story. I subbed for you bro and will be looking forward to hearing and learning more from you ✊
Welcome aboard!
@@maxinvesting thanks buddy
Buying the top and then selling the bottom sounds like a promising strategy 😂😂😂
you aint funny
I first lost money doing MLM then got scammed in a Crypto pump & dump scheme, I'm done !
can someone please comment the time stamp to where exactly he "lost" everything? i'm already half way past video, only hearing good stuff
i'm no expert in crypto
but investing 40k into shit and low cap coin is crazy,unless you're already invested at least 500k into some top 10 coins,your low cap and shit coins should be at most 10% of your total investment
I did similar mistakes during my first crypto bull run. Did less mistakes but still some big ones during the second. This time around I might get it right.
The moral of the story you chased scam projects and sold legit projects too early.
Sold too early in Tesla.
Sold too early in Ethereum.
From your buy in points you had amazing buy ins so I’m not s
I still have some Tesla but took a little bit of profits at the top. Crypto not so much.
Problem with guys like yourself and newbie’s was most don’t understand first how the cycles 🔁 work and narratives and price points .
It sounded like you were just bloody trading man not actually investing 🤦🏽♂️
Some of the coins that he mentioned are very high risk. People need to understand that crypto can go down so bad via rugpull. I never waste my time in these pump and dump coins promoted by RUclipsrs.
Where you made mistakes is not getting into XLM and XRP for short term and long term investment sir! Time to get in not too late!Damn, no wonder you lost it all , invest into coins with utility for long term! Good luck
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
The ones you called aint bosses either. And I hope you know what goes around comes around. Hope you can practice what you preach
@@realsophia4you been practicing since 2013
Every single time - deviating from the large caps BTC/ ETHs and going for the get-rich-quick promotions in peak bull-market. Dunning Kruger syndrome but if Max calms down on the trading, invests in the large caps and realises that investing in general is not meant to be quick money. If you want big money and quick then you're going to have to work your craft and offer marketable and scarce skills.
I put in $10 in weird altcoins. If it goes up, great, if not…oh well…I lost a hamburger and fries.
That's what I do. I'll put $20 in here and there. If it 10X's or 100X's then I made some money. If not, no skin off my back. The vast majority of what I buy is BTC. I buy $25/week no matter what. I never put in more than I can afford to lose. When I buy Crypto, stocks, ETF's, bonds, etc I consider that money to be gone. So far, I haven't lost money operating this way.
Dont sell! DO NOT REALIZE THE LOSS!
A crypto going down 99% is a sign that it's complete junk. Will never return.
I've been involved with crypto for over 10 years. I have seen time and time again the "next generation" coins. 99.9% fail
@@CraveThatCoin bro ethereum lost like 80 percent of its value this bear market along w chainlink sol ads algo ect ect. You sure you've been here 10 years? Maybe you're on the wrong boat
@@jontuckermustdie i said 99.9. Etherium is the acception.
The other coins you mentioned are very new. Trust me they will fail.
Check the way back machine on top 10 cryptos. The only ones that have held up are around 10 out of 3000+
you will be able to offset the loss, on the super gains youll make year end and 2025. Just make sure take your first 20% this year, and leave the rest to run. Dont leave to end of the bull run ok
I know some millionnaires in crypto (not changed in FIAT for now) and they have their main percentage in BTC/ETH/USDT. they "gamble" only with 30% of their portfolio at max. They have changed almost all their cryptos in USDT and invested in new project since the bear market.
And the big mistake is only to listen to the "youtube influencers". The good people are those with discord community without a big "entrance ticket price". For my experience, the "yt miners" are better than the others.
I'm investing on small projects but each one for max 1% of my portfolio.
Mate i hope your wallet will go up.i am in crypto in the last 3 yers.i was on minus all this time.i understand all your
frustration. My portfolio it started to go up.i am.hoping on 2025 to make some money. Good luck
If you haven’t sold you haven’t lost, it’s a unrealised lost Sol and link up 100 percent since this video
I stay away from small cap cryptos. My wealth building strategy is to accumulate and hold BTC first and foremost. I hold some ETH as well. The speculative crypto I accumulate and hold are ICP & XRP.
Valuable lessons in your vid. You should come back and do more vids.
Glad to hear that bro...will do soon!
@@maxinvesting 👍🏿
Another bull market here mate, so now get back into it and make lots of me. I lost a lot too. I got SOL and DERC and others too but I hold and hopefully sold at the high. Thanks for the story so I can be more careful on my crypto. I do a lot of research also on many crypto
100% man, I think opportunities always come, it’s always about timing, patience and capitalising on the profits. I myself I’ve made too many mistakes in life and only learnt from them now. From the last bull run I made near 90-100k from 3k. I ended up losing it all and much more after sending me into debt that I’m still paying off. But I’ll be honest that experience just taught me a lot that I wouldn’t understand without experiencing first hand. I still have flashbacks to my account balance being near 100k. But I know I’m a hustler at nature and will bounce back even big, especially this bull run and going to be smart about it. What crypto coins you looking currently bro ?
@@xxparadoxx6440you will make it back 100. Gaming will be the 100x
I watch videos like this to remind me.
While being balls deep in GME with CPI tomorrow.
"MAKE MONEY QUICKER" Money and quick is like oil and water! That is looking for trouble!
Financial advice from someone that lost it all?
Lost a ton in Voyager. So it's not just the individual projects.
I understand buddy.
I lost a year of saving in an incredible scam project using crypto for transactions. First investment experience.
After that, I got into crypto gradually, but steadily doing max research before taking any action and sticking with top coins.
Alex Becker does shill stuff he's invested in but he's always been transparent about it. He also repeats over & over & over again "do not go invest in any tokens that I'm talking about" he simply gives examples of how he thinks about potential tokens. He spends plenty of time talking about things he's not participating in as well.
Kale Show stay far far away...that guy simply just watches Alex Becker and other content creators then creates his own RUclips videos parroting them all. He doesn't understand crypto, himself...he just understands how to scam his own audience.
I put some of my money in smaller and more risky crypto projects, most will probably not work out. The majority of my crypto money though is in bigger names with more established models. So, if crypto does well longer term, so will I. I think the temptation is that everyone is looking for a project that could 100x or 1000x. I am sure they exist but are incredibly hard to find early before the price takes off. I don't have stats on this but my hunch is that for every project that does a 100x, there are many hundreds that will go to zero.
Probs for still rocking these Dahmer Glasses in 2023
I lost a chunk when one of the exchanges I was using (Celcius) went under. I may get it back but I only kept some crypto there, not all - I keep most on a wallet). I am considering getting back in again but looking for a newer token that I can buy a LOT of, in the hopes it will start pumping in a few years. This is money I don't need to touch until I see significant gains. Any suggestions would be appreciated.
Dude I am not kidding on this one:
Qubic Network ($Qubic)
You can get first information from the channel "crypto empire" after that read their official documentation.
It. Blew. My. Mind.
This project is in delevopment since 2015 by an absolute genius of a developer.
He has a proven track record of big Hits and this is baby.
The coin is in it's early early listing stage and it's only listed on very small exchanges right now but they said they will list it on bigger ones soon.
Worth the hustle in my opinion.
Once it gets listed on big exchanges prices may go up way more because it will be easier to buy.
Of course do your own research before jumping in.
But I saw your comment and wanted to let you know.
Let me know what you think about the project, brother
Your thinking Andri Jikh. Good man. Helped me with my start on investing education.
I had a portfolio at the end of the last bullring which lost 95% of its value, but I just left it because I believed in the coins anyway they had good utility. Anyway they have started pumping and NOSANA has pumped 1300%. So be aware of nasty bear runs... get out early!
What’s a bullring?
All crypto is not a scam
Thank you for taking the time to tell your story. The "greater fool theory" is true in the cryptocurrency market and in equities. Big money or smart money knows the theory and they manipulate the market to where we, the dumb money, will buy and hold at a higher price.
Zero-sum game
agree 100 % bro cost of living is insane things keep going up and wages stay the same all the best mate
Once you figure out if you want a simple lifestyle vs a lavish lifestyle you will realise what you need to do.
I choose simple lifestyle. For that i only $300-400k net worth that pays 3% dividends a year. Which is $1000 a month passive income to live on. You best believe i am leaving the West to stretch it further in Asia / Africa.
But if you want a lavish lifestyle, you gotta take risks and work a lot of hours till ur 40-50. Hopefully you don't divorced by then or take big losses.
Pick the route you find easiest i would say. We are all gonna die at the end. So go for it whatever ur life goal is.
I feel you bro I lost 15k on stocks but luckily invested in bitcoin cash and made exactly 15k in profit and not a dollar more I feel like this is a second chance from god and I’ve considered reinvesting that 15k but remembered how bad it made me feel to lose 15k and stopped myself
Just accumulate , mine and compound. DCA and avoid trading or leveraging. Stick to blue chips like Bitcoin or Eth if you have nothing. Hold your own keys never hold them with a 3rd party exchange.
I have a hex ladder and have sacced too for PLS. Keep hold for the long run, we are very early and Hex, pulsechain and PLSX is true de-fi
He is not investing he is gambling
RUclipsrs shill coins they have to sell when it goes up, the worst guy shilled TAP announced he bought 100k plus the price doubled and guaranteed he sold making 100% off his patreons...This happens a lot so do your own research believe in the technology and wait for bull market.
seems to me that you need to get into technical analysis and learn to trade rather than holding the bags and hoping numbers go up. as you said, risk management. good luck hope things work out for ya and you get ya moon shot!
I am still new into crypto Industry with just 9 months, but what I have leaned in this industry is don't follow influences because it will ruin you easily second thing is try to invest in a well established projects though the return might not be as huge as on other newer projects but also it is hard to loose. The first top 100 coins by market cap is far better for investment than new project, no matter how they exaggerate the newer projects.
Sounds like you fomo in when it was ATH in 2021 bullrun 😂 I hope you’ve been dcaing last year bear market you be up by now and hold until 2025 upcoming bullrun will be bigger than 2021
Haha you’re right on it!
As a Layer one developer it is very sad to see how retail investors get sucked in to over priced, over hyped projects like XRP and ADA. Its just cult brain washing. They have no clue about the fundamentals of the projects.
This comment is a tell all for how much you understand fundamentals, wild. 😅
Don’t worry you just end up where you started. You still alive and healthy that’s big than money
Crypto is not difficult to understand. Its a simple scam
Thank you, *fancyresolved* for your outstanding service and for restoring my confidence in navigating the crypto landscape.
Your dedication and professionalism have made a lasting impact, and i am deeply grateful for your support.💯💯
!!!!
so refreshing to hear someone talk about their losses keep grinding brooo
Need to keep it real
You look like a cool guy, but those glasses are just tragic.
The majority of the people looking to invest should just stick to bitcoin only.
I understand getting returns with low market cap cryptos but I feel like the narrative of a crypto is important. Most of the cryptos you are down on I never heard of them before. I just prefer to see where the money is flowing first before investing because we are still extremely early in crypto.
you didn’t LOSE EVERYTHING… You said in your journey that bought and sold at profits, so YOU MADE MONEY.
The digital market turned out favorable! $60,000 every month. I can now give back to the locals in my community and also support God's work and the church, God bless America
Sell the losers and put the remainimg money into projections you have strong conviction... I learned the same painful lesson in my first bull run. I have spent a lot time on understanding how to analyze projects.
I’ve been watching crypto for the last 4 years and didn’t invest a dime. I am sorry for your losses as this crypto market is full of shit,pumping and dumping very real. You have no choice but to wait until this bull halving of bitcoin in the next year,hopefully you’ll get your money back and be more careful next time. Markets are controlled by charlatans exactly like casinos,you are just a tiny fish surrounded by sharks ready to have you for lunch!
Greed is a wonderful thing.
How did you time your sale at the top for ETH, LINK, and ADA? Most people weren't able to do that.
Want to say clickbait since he didn’t lose everything but he did explain ALL his losses lol
You just explained most peoples experience with crypto. Stick to the real blue chips with most of your bag. Only buy shit coins with a low single digit percentage of your portfolio. Don't watch any "Projects that will 100x/50x/etc" videos, those play to your emotions and almost always lead to bad decisions.
sorry to hear this, I lost about 25k with break-outs on stocks at that time. And again I have 2/3 of my money in warrants until end of 24 :/ Aged 36 :D Thanks for sharing!
Why guys are you still persisting beating on Altcoins?
So, what's your opinion on David Becker?
Sounds like you had a few 5-10X wins, a dream for the average stock investor
It would be helpful to see your conclusions amd learnings. What are they? Gave up on crypto
Sounds to me that you know about
1) how to research
2) understand potential and how to time the top and sell with profit
3) know more about total bull cycle top and when to get out of the market
4) have learnt about having cut loss set for all tokens
So with that you should be able to kick serious ass this bullrun?
I resonate with your story and came into crypto at the sam time and have learnt so much…
Very well said...it's all a big lesson. As long as you learn from it you can keep going!
all you have to do is buy it, wait, sell it later. Anyone who follows these simple rules makes money on crypto The rest try to outsmart the market like yourself and get rekt. OOOOF
Brooo, the best crypto play is to accumulate good and strong projects . Don’t trade and don’t rush things
Crypto = Gambling
100%
Buy XRP, .95 AUD
Ive lost m,oney and got it all back through learning from mistakes. You only lose if you QUIT! Get back in there wuss
Bro why hex... 😮
Just be careful. You made well on the top 10 coins, if you come back sit in those with a coople of gambles on the small caps. We're all down on shit coins. Chin up mate, you'll be ok.
top 10 are pretty much very safe during the bull market
Really hard listening to him.. he saying do trading but he’s not earning enough
Yeah, when I first got into investing in crypto and stocks, I fell for what the youtube influencers were selling.
Invest and do not sell ever
Depends on the situation but mostly yes hold for the long term.
making it is easy in a bull. keeping it is hard. you need to fumble two bull markets before nailing the 3rd.
Please don’t use leverage on crypto guy
do give up my man. Bitcoin is the truth
Sounds like kale Abe haha. That guy was a pump and dump promoter
You should have stuck to solid cryptos with companies and utilty,
How do you feel about cryptos the next five years?
He bought some good things at first and made money on it and got out at the right time . Look up things like chainlink and uniswap do alot of research and become familiar with their use cases bitcoin with be the most certain one