You are right about your distrust of crypto influencers and public opinion! Bitcoin's 100k ATH hoopla was erroneous; market dynamics are more nuanced. This market is unpredictable, so we cant expect linear growth or divine intervention in prices. Your position reinforces that independent analysis trumps herd mentality in crypto.

I completely agree with Telegram and Reddit for trading signals. Following these sources blindly is a disaster. Personal analysis is key to crypto investing decision-making, thus your input is crucial. Knowledge is power, especially in volatile, speculative fields.

Your view on over-diversification is refreshing but divisive. Focusing on a few cryptocurrencies for deeper engagement sounds smarter than investing broadly. This strategy emphasizes quality over quantity, helping one understand and connect with their investments.

I would like to share my personal experience gathering knowledge by losing assets from the crypto market.People have learned to be cautious of popular opinions that are fruitful to all.Sharing knowledge and experiences will build strong bonding with the biggest community that serves great work.I believe everyone has the freedom to express their own opinion.


Proper knowledge : risk management, avoiding scams, market analysis, security, empowerment and long term investment these are the key points to become a successful trader and also successful business man.

Understanding the complexity of Bitcoin and trading helps to understand and manage risk effectively.This knowledge shall allow individuals to make informed decisions and reduce potential harmful steps.

Skipping social media rumour : Avoiding Scams from Telegram , Reddit, Twitter and other media because most of the news we are getting from these.So use experience and knowledge to resist the highest level schemes.we cauld get scammed by other sources but above are the most common place where we get generally scamed.


Learning from mistakes : This is the most important part of my opinion or you can say suggestion.Because it gives you education in hand that you never forget in your life.It teaches us to be a complete successful man in any sector.

Invest renowned tokens and coins: Always invest in popular and big coin like - Bitcoin, Ethr, BNB because they never quit from the market that reduces the big losses.

In short, knowledge is the foundation for making informed decisions, mitigating risk, and navigating the complexities of Bitcoin and trading effectively. 2023 gave me teaching a lot about crypto. I hope it will never happen this mistakes next year .

[This is all about the discussion of my knowledge, experience and my point of view if anyone has a different opinion, this is their rights.I always appreciate others opinion]

One thing you must understand is that nothing is guaranteed in the cryptocurrency industry and that’s why it is always very advisable to Do Your Own Research (DYOR)  I’ve never been a fan of crypto influencers because I know those guys are just after their personal interest and always chase after referral bonuses and I actually don’t see them as trustworthy and anyone listening to them should be doing so at their own risk

I personally don’t fancy signals and though I’m not good with analysis, I still prefer using my predictions and in cases where I have to get a signal from outside, then I have to sure to do more research on that very prediction and signal to avoid blames.

Simply put it that we should stick to bitcoin  and this has always been my advice to anyone who ask me about coin for investment as i actually don’t see any reason to invest in alts except there is some sort of  hope in it

At the end I just want to add that we shiiid only invest what we can afford to loss

some people spread their investments across multiple projects in the hope of faster returns. it's like new projects. they put a little money there for luck if the new asset can pump high.
but it would be better to just focus on a few assets that are truly the best. such as focusing on long-term Bitcoin investments. New projects will only last a short time. even though it is successful, but if we lose momentum, we will not get anything.
reducing the diversification of assets we own may be a good choice.

It is okay to look for advices especially here in this forum i, myself, have learned a lot from reading through various posts here and i have found out about many different ways to earn from crypto aside from investing so it is not all bad

However it is still important to make your own research especially if you are investing someone’s goals and objectives might not align with yours so you have to curate your strategies based on your capabilities and goals


I also agree i think that diversification should be recommended but some people just buy too much i am guessing that it is because they can afford it however investing in too many projects might distract you from all the other projects

Research dutifully and only invest in ones you think have the greatest potential to give you most profit instead of dividing your money to so many different ones

As a relatively new member in this forum. I must say you've learned quite a lot of valuable things in this forum. and your advice are very useful for new members of Bitcoin community who preparing to start their venture into Bitcoin world and in this forum.
About the telegram signal groups. my opinion is  a bit difference than yours tho. I agree that most of them are not reliable but there are some groups which provide good signals. even those are also not 100% safe and accurate. but that is common in trading. also these are things you can't do by your own at beginning you have to learn them from somewhere or someone.

This year taught me something about the importance of trusting the projects we invest in. It means that as we choose this project, we also believe that it will grow and give us profit, and of course, we are willing to hold. But if we already have doubts inside this never happens, better choose to sell them and make another choice because that will only cause losses. That is why when deciding to buy this coin, we have done the research first, not just after. We don't need to hurry, try to spend more time searching and looking for the right one, and of course, it should be in good timing - buying low. All the effort will be paid off in the end.

I agree too. Trading smart involves mixing insights from different sources with your own thinking. Going solo in trading lets you adapt, learn from both wins and losses, and refine your strategy over time. It's about finding the right balance between external perspectives and your own game plan for sustained success in the dynamic world of trading. This forum surely helps a lot.

By investing in several projects, of course we will really hope that there will be benefits from the investment we make and of course we will be able to easily get profits if the project we choose can develop well.
What you say is very true, it would be better for us to focus only on a few assets that we choose to invest in and with Bitcoin which has been proven we can invest and hold for a long period of time to be able to make a profit, because if we choose to invest in a new project which will not necessarily be able to make a profit, of course we will experience losses if we cannot get a profit from the new project.

All your advice is very valid and we should all follow them, although it's only to an extent.
The fact that you shouldn't take others' opinions on investment advice doesn't mean we shouldn't care about or respect what they say. It's okay to have certain people that you respect w bit and listen to, but don't follow their advice like it's a cult. Do your own research to verify if whatever they're telling you is true or not.



Diversification is good, but it should only be for people who understand what they're doing.

To me, you should have just Bitcoin than to have so many investments where you lose all of them in the end. A lot of people just want 100x of their investments and fear of missing out, that's why they're so prone to scams.