VYB_POBSTREET 25-02-2022 #46: What advice do you wish you should have heard in your early crypto days

in #vyb3 years ago

Screenshot_20220103-080046_WhatsApp.jpg

TODAY'S DISCUSSION


What is the thing you wish you should have known when you first know about crypto

There are a lot of regret i have in crypto space in which i haven't recovered my loss from it. All this mistake are led by my ignorance and greed and apart from mistakes i have lost a lot of opportunities in this crypto world and just understanding somethings now after few years in crypto.
if i have known,someone should have told me about this i will share on the day the topic was suggested i would have become so rich but i misused the opportunities.

topic from @iyiade

PROJECT DESCRIPTION


VYB_POBSTRTEET is a daily project which is intended to help the community in engagement and in popularity and seek for any potential problems in the community and its possible solution.

This project is an initiative of @insight.pob and @onealfa.vyb, where there will be a daily topic raised in which everybody can engage in it, if you have any topics suggestion kindly drop it in the comment section with #Topic.

MOTIVE

  • to attract and bring new members to the vyb and pob community.

  • support new members and guide them on any issues they are facing

  • to build the pob community

  • i want pobstreet to be the mind of the community members, i want a system that will reward every good content that is helpful to the community.

HAPPY ENGAGEMENT

Sort:  

I wished someone should have advise me on how to use the dollar cost average strategy.

Now that I'm using it is really working positively for me especially in this volatility of market right now

Just a simple advice.
I should buy Bitcoin.
This is what everyone wished for
Why didn't I? Why didn't people tell me is what am angry about

Everyone wish of btc but who would believe and just buy btc then without knowledge of cryptocurrency.its difficult to make the decision

but ethereum should be the second chance

There are many coin that existed before ethereum like btc cash, litecoin.

I heard of ethereum using forsage referral and earning ethereum back then when ethereum was in $200

I know but not with a very different utility and uniqueness.
Does coin I called them bitcoin copycat.

No real utility for them but ethereum brought a new evolution to cryptocurrency

I have heard about btc very long time but I don't even know what it means
My fault

How I wish someone has told me not to invest in any shitcoin again.
Shitcoin pumps massively and dumps massively.

Shit coin has made me money but if you don't take profit you will lose all your investment faster

Shitcoin is one of the reason that help my portfolio boost last year and I took profit because I know it will dump

Coin like safemoon,safemars,freecoin,wakanda has wasted my money a lot as the dump and never pump again

#topic
what help can crypto offer for the advantage of everyone in by the war

Everyone are seeing the disadvantage of the war between Russia and Ukraine

This topic is not that am careless about people's life as my great wish is that the war should be stopped as soon as possible.
The war has been affecting crypto market at first but suddenly crypto begin to rise despite the war.

this is why I say one should learn to take profit if someone can learn this he will make a massive gain from both shitcoin and altcoin

I wish I should have known about hive in 2020 March but I was late.
If I had known about hive earlier I would have been popular in hive and make use of me being early

Hive hasn't gone too high since it's creation compared to other coin in March 2020 like fantom matic avax Sol etc.

If I have knew about these projects above by now,I would buy millions of hive now and stake

There's no late arrival in the blockchain because from the very first day you join you progress to succeed starts but it all depends on you on how you contribute to the system by posting and socializing with others which I believe is the best way to create awareness to promote yourself and also grow your account.

You are right but from other perspective you can be late coming to this blockchain but there is always a chance to surpass early ones here

That is now left for such individual in the step to take in other to be consistent here because it definitely requires hardwork and Determination.

How I wish I am into ethereum blockchain earlier.

I wish someone should have advice me to invest in ethereum blockchain project.
There are many airdrop offered there

Uniswap airdrop,ENS,lookshare and dydx airdrop of recent given to ethereum blockchain users

You can enter avalanche blockchain earlier now.
It's a very strong blockchain that can compete with ethereum

But now people hardly see your creativity because there are too many content to view

The only way to make them see it is to stand out different and also do something different to bring their attention

Lot of them actually..

  1. Hold on to your investments for a longer time.
  2. Invest in projects like Luna and Rune and Thor and a lot of others that have grown humongous in no time.
  3. Engagement is the key on Social Media.
  4. Stake and don't sell.

These are all the things that I learnt eventually, would have been great if I knew them when I started.

I wish I can hold but I also wish I can sell.
.

Crypto is volatile. differentiate between long-term and short term. that is the best decision.

My inability to sell and take profit led me to this mess all in the name of holding

I shouldn't have stayed away from hive for two years because I was not getting the results I wanted. I joined hive through a friend back then in 2019, when I was facing financial issues and my presence here then was like my welcome was not appreciated due to the fact I wasn't seeing upvote like other people but my coming back late last year have prove some changes unlike when I started because I decided to sit myself down and follow some process in other to maintain my stay here and I believe the changes is Working now, though not as I expected but it's definitely a way forward towards success.

His achievement during the time he his here is so amazing and short due to his Creativity

Hive blockchain is so funny.
I noticed that @insight.pob is not a old identity on hive but he is ruling and above many who has been in hive for years.
.

Is more creative than many and he find his way here in this community.
Creativity also works in this community greatly

That's the best way to enhance oneself by socializing with others by commenting on their post which is definitely creating a good relationship in the blockchain in other to grow successfully

What is the thing you wish you should have known when you first know about crypto

My only regret is not starting my crypto journey when i first heard about it .

But i'm here now and thanks to #hive for making the journey smooth and interesting.

O should have deal with ethereum blockchain from beginning of smart contract.
I would have been partakers of uniswap airdrop

There are a lot of regrets in crypto and there will still be a lot of opportunity because we are here now.

What advice do you wish you should have heard in your early crypto days

Honestly holding and keeping each token earn or purchased irrespective of the market price or wave would have been the best advice ever.

But unfortunately it was not so as at when I joined,but nevertheless it is not too late as I have understand the importance of holding on to a token irrespective of price or market value

I wish I should have known about nft and playtoearn.
I should have been advised and have knowledge of nft.

I rejected NFTs because I thought it is something that won't last but will crash because there is no reason for investing on pictures but the presence of playtoearn changed my mindset

Now I'm now in the full of regret from selling some nft earlier in ethereum blockchain

First I which someone told me to withdraw my coins on coinpot faucet that year 2017 ,if I had take it serious I would have make millions right now before the site is close down ,still in regret because I just did the faucet but never withdraw my coins

What I wish I should have had in my early days of cryptocurrency is how to sell when I am in profit.

This is very important part of cryptocurrency that many people ignore all in the name of hodl,hodl,hodl.

Project to hodl are very scarce and the only project I can advise people to hold no matter what happened our project of top hundred but any other projects someone should learn to take profit and can hold from the profit made

Very simple
I wish someone told me about Shiba Inu in first of January 2021

If I had invested 1 dollar on the first of January 2021 I would be worth 3 million dollars by September

Never get too excited! Patience is your best friend in any type of investment. Holding and Investing for longer term is the viable option, Early Adoption and Buy the Dips are another important opportunities. DYOR and Learn to deal with FUD, because in Crypto the unusual is the usual.