How to get rekt investing unsafely in Bitcoin and Cryptocurrencies

How to get rekt investing unsafely in Bitcoin and Cryptocurrencies

   As a Newbie, when I first got into Bitcoin I thought it was about outsmarting the market and
getting rich quick on ''promising'' crypto projects. After properly get rekt I quickly learned my
lesson and realized that this was never the way. Fortunately enough, I am not the only one who
got stuck with this interesting story to tell, so I am writing this blog post to minimize the
pain for future newcomers who want to avoid these expensive mistakes and learn from mine.
And At the end I intend to reveal to you the most effective strategy to accumulate bitcoin.

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   1. Investing in crypto projects known as altcoins to get more Bitcoin
   Bitcoin is the only time chain technology worth paying attention to out there because it is the only one
that solved the fundamental “double spend” problem, Bitcoin did that by using proof of work, which
removes the need for trust over your money and this cannot be done twice, so anything else out there
that dress like Bitcoin or pretend to be better than Bitcoin will require trust over your money therefore they
are the same scams as the current banking system.
   Furthermore, have you seen those crypto traders/ crypto influencers on youtube? I am sure you have,
and some of those people are perfect examples of how fiat excrement looks like. I am sorry for the term
but these people are causing too much damage to newbies, I had to say it. They will sell their innocent
subscribers' souls to evil crypto exchanges that are selling them highly leveraged trades in which they are
guaranteed to get liquidated.  And these same influencers will take massive amounts of money from crypto
projects leaders to come up on their show and sell their scams to innocent retailers who have limited
knowledge on how these scams blockchain projects work. 
   The bottom line is, these crypto projects will get hyped up by paid crypto influencers and or VC funds
with way more influence and money than any small retailer who will get dumped on after buying the top.
What is the probability that you win? The probability is zero because you won’t know when it will happen
and also these things get hacked very frequently.
    2. get more yield on your bitcoin or borrow against it so you don’t have to sell.
   This is another donkey thinking way to give away your keys. Bitcoin is not a debt based system, any
debt based business model built on top will collapse fantastically and if you refuse to learn this then you
are up for a big surprise-Ask Celsians. But still, these crypto platforms will keep offering you more yield on
your bitcoin and they will never truly tell you where the yield comes from, but I am here to tell you that you
are probably the yield they are giving away because in other for that thing to work they always need new
depositors to pay for the yield of the old depositors therefore once the music stop the system will collapse,
and you will be so glad you were out.  
   And also, borrowing against your bitcoin is a good way to have sleepless nights in an extremely volatile
market so yeah, perfect way to get rekt.
 
     3. Running automating trading bots
 
     When most cryptocurrency investors first begin trading bitcoin, they typically do so by manually placing
buy/sell orders on one of the myriad bitcoin trading platforms available. By doing this, traders are able to
feel out the market, identifying trading opportunities by looking at various trading indicators and market
metrics.
However, this type of activity comes with its own risk potentials such as: flash crashes in a black swan
event, exchanges get hacked and you lose all your funds, and also nothing says if those bots are honest
bots they may be built to your disadvantage as a user. 
Now, how to invest in bitcoin safely and avoid getting rekt
   First of all,
Have you ever heard the term "Stack sats stay humble" before? That's right, Bitcoin will eventually humble
you and the cure to that will be DCA. DCA means accumulate satoshis with an average amount of fiat
money in a set period of time, for example: buying bitcoin for $10 a day, or buy $100 of bitcoin every 
week. This investment strategy aims to reduce the stress of market volatility and market turbulence.
There is a specific website called dcabtc.com exclusively built to help you model things like, how much
sats you would own by purchasing $10 of bitcoin every week?
  Because Bitcoin is so volatile it is extremely difficult to know when bitcoin is cheap or expensive.
This is why building your Bitcoin education for more confidence to gradually stack sats is a safer
alternative and a way more satisfactory strategy. 
But most importantly, while DCA it is important to remember to take out your coins from exchanges
otherwise you are playing with fire.
 
   Conclusion
I understand how human love learning from their own mistakes, but some mistakes are so expensive it
worthwhile learning them from somebody else and avoid making them. Bitcoin is a hard concept to
understand, it requires a lot of time and devotion, but it is obtainable with the right mindset.
I hope I made a good case for the best strategy which is DCA, the simplest and provably the most
successful one. But you may find a strategy that works best for you, in that case you should keep using it
and tell us about it in the comment section below. But no matter what strategy you are using make sure
you have control over your keys.
 

that solved the fundamental “double spend” problem, Bitcoin did that by using proof of work, which
removes the need for trust over your money and this cannot be done twice, so anything else out there
that dress like Bitcoin or pretend to be better than Bitcoin will require trust over your money therefore they
are the same scams as the current banking system.
   Furthermore, have you seen those crypto traders/ crypto influencers on youtube? I am sure you have,
and some of those people are perfect examples of how fiat excrement looks like. I am sorry for the term
but these people are causing too much damage to newbies, I had to say it. They will sell their innocent
subscribers' souls to evil crypto exchanges that are selling them highly leveraged trades in which they are
guaranteed to get liquidated.  And these same influencers will take massive amounts of money from crypto
projects leaders to come up on their show and sell their scams to innocent retailers who have limited
knowledge on how these scams blockchain projects work. 
   The bottom line is, these crypto projects will get hyped up by paid crypto influencers and or VC funds
with way more influence and money than any small retailer who will get dumped on after buying the top.
What is the probability that you win? The probability is zero because you won’t know when it will happen
and also these things get hacked very frequently.
    2. get more yield on your bitcoin or borrow against it so you don’t have to sell.
   This is another donkey thinking way to give away your keys. Bitcoin is not a debt based system, any
debt based business model built on top will collapse fantastically and if you refuse to learn this then you
are up for a big surprise-Ask Celsians. But still, these crypto platforms will keep offering you more yield on
your bitcoin and they will never truly tell you where the yield comes from, but I am here to tell you that you
are probably the yield they are giving away because in other for that thing to work they always need new
depositors to pay for the yield of the old depositors therefore once the music stop the system will collapse,
and you will be so glad you were out.  
   And also, borrowing against your bitcoin is a good way to have sleepless nights in an extremely volatile
market so yeah, perfect way to get rekt.
 
     3. Running automating trading bots
 
     When most cryptocurrency investors first begin trading bitcoin, they typically do so by manually placing
buy/sell orders on one of the myriad bitcoin trading platforms available. By doing this, traders are able to
feel out the market, identifying trading opportunities by looking at various trading indicators and market
metrics.
However, this type of activity comes with its own risk potentials such as: flash crashes in a black swan
event, exchanges get hacked and you lose all your funds, and also nothing says if those bots are honest
bots they may be built to your disadvantage as a user. 
Now, how to invest in bitcoin safely and avoid getting rekt
   First of all,
Have you ever heard the term "Stack sats stay humble" before? That's right, Bitcoin will eventually humble
you and the cure to that will be DCA. DCA means accumulate satoshis with an average amount of fiat
money in a set period of time, for example: buying bitcoin for $10 a day, or buy $100 of bitcoin every 
week. This investment strategy aims to reduce the stress of market volatility and market turbulence.
There is a specific website called dcabtc.com exclusively built to help you model things like, how much
sats you would own by purchasing $10 of bitcoin every week?
  Because Bitcoin is so volatile it is extremely difficult to know when bitcoin is cheap or expensive.
This is why building your Bitcoin education for more confidence to gradually stack sats is a safer
alternative and a way more satisfactory strategy. 
But most importantly, while DCA it is important to remember to take out your coins from exchanges
otherwise you are playing with fire.
 
   Conclusion
I understand how human love learning from their own mistakes, but some mistakes are so expensive it
worthwhile learning them from somebody else and avoid making them. Bitcoin is a hard concept to
understand, it requires a lot of time and devotion, but it is obtainable with the right mindset.
I hope I made a good case for the best strategy which is DCA, the simplest and provably the most
successful one. But you may find a strategy that works best for you, in that case you should keep using it
and tell us about it in the comment section below. But no matter what strategy you are using make sure
you have control over your keys.
 


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