[minimalist]

It's crazy to think about. In the past three months alone, a handful of users have multiplied their investments in cryptocurrencies. If you had $10 to your name, you've probably earned at least a $100...if you had $100 to your name, you've probably earned at least a $1000. Some users have turned only a few thousand into a million.

The barrier to entry in this market is not great. Convert your paper money to a coin and you're set. It wasn't always like this...trading used to be very tedious and technical because growth didn't appear to be as drastic as what we're seeing now.

What this means is that you cannot be stupid and throw your money into anything that users recommend. Doing that may work in some cases, but for the most part, that will lead to a loss. Users who promote a coin aren't always right.

Fun image (Click to View)

[The Poseidon]

' Users who promote a coin aren't always right '

I think this is what most of the market needs to understand - if you are looking to make real money then the real money lies within your own time used to do research on a specific coin because it will definitely be worth it in the short term or long term.

[Giga]

Most accurate post I've seen in this entire section thus far. That picture is a perfect representation of these 'prediction threads' constantly floating around here haha pure gold!

[Yin Yang]

Yeah most of them went against the grain and were called stupid for their initial investment. Do your own research and don't follow the crowd

[Poutine]

Yeah most of them went against the grain and were called stupid for their initial investment. Do your own research and don't follow the crowd

I repeat, don't follow the crowd. Yeah youre right. You make money with anticipations

[d4rkj4y]

Yeah most of them went against the grain and were called stupid for their initial investment. Do your own research and don't follow the crowd

The crowd dictates the price. Understand the crowd, but don't blindly follow it.

[๖ۣۜEnlightened]

Do your own research is a very under-rated term here...It's sad to see people throwing money at things just because someone said so...
I'm going to make a guide and pay for a sticky soon, purely on how to do your own research. Because obviously not many people know how to do it, and lose out in the end.

[Suspicion]

' Users who promote a coin aren't always right '

I think this is what most of the market needs to understand - if you are looking to make real money then the real money lies within your own time used to do research on a specific coin because it will definitely be worth it in the short term or long term.

Indeed, do your own research because listening to the wrong advice will mean you're essentially losing money.

Eg.
https://hackforums.net/showthread.php?tid=5629388

[Lovely❤️]

If you had invested in DGB 2 months ago, lets say $10,000 you'd have $380-400k rn lol.

[minimalist]

If you had invested in DGB 2 months ago, lets say $10,000 you'd have $380-400k rn lol.

DGB's price is completely artificial...unless having a non-functional wallet is good news, I guess.

[null™]

'You make money with anticipations'. Spot fucking on.

[Skidy]

For a Uni student having an extra £12k is a massive gain. Will help me out massively, especially as I only started with £400.

[SIM-403479]

I still believe there is a lot more to be made, we're still in the early stages.

No doubt some coins will fall and people will lose money.

[Reav]

Unsure if I should invest in STRAT or SIA
Any opinions?

[Frukt]

Started with $500, after 14 days I had $2000.

I never watched a tutorial, I couldn't read graphs and I just followed everyone else, jumped on trains etc.
Easy money, I was lucky and I have earned a lot by this time, enough to buy almost whatever I want to at this age.