6 Crypto Investing Mistakes to AVOID (If You Want to Get Rich)

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  • @edlermark6174
    @edlermark6174 ปีที่แล้ว +116

    Most of the Cryptos are down at the moment and now is a very good time to invest in them. The market is experiencing a fierce correction and now is the best time to stack up on those cryptos.

    • @aminamohammedadamu5043
      @aminamohammedadamu5043 ปีที่แล้ว

      You're putting a good reputation to this channel and everyone reading this, Nice job... Its really needful for beginners not to settle for videos alone or they will see their self losing all their money just like me when i newly started trading with this videos here on TH-cam

    • @AmyCwakeo
      @AmyCwakeo ปีที่แล้ว +1

      I've watching several TH-cam tutorial videos about trading, Still I count on losses

    • @robertmontalvo5500
      @robertmontalvo5500 ปีที่แล้ว

      @@AmyCwakeo Before following a trading strategy, it is better for you to read backtest results from the related trading strategy, it can help you optimize and improve your trading strategies.

    • @AmyCwakeo
      @AmyCwakeo ปีที่แล้ว

      @@robertmontalvo5500 I’m yet to see the backtested results in my trading account, so I’m also working on being more aggressive in adding to winners.

    • @kennethschiwart4566
      @kennethschiwart4566 ปีที่แล้ว

      How does this trading stuff work? am really interested but I just don't know how to go about it. I heard people really make it huge trading

  • @yawzerdoink-a-sore-as
    @yawzerdoink-a-sore-as ปีที่แล้ว +12

    Smart man. Many TH-camrs have never mentioned what he has just said. I know. I watch ALL of them

  • @justthings4044
    @justthings4044 ปีที่แล้ว +6

    FINALLY someone who is realistic and not a moonboy. thank you

  • @cristianc4238
    @cristianc4238 ปีที่แล้ว +9

    Your content is just awesome!!! thanks for sharing your thoughts and ideas on social networks!!

  • @warrenk3631
    @warrenk3631 ปีที่แล้ว +3

    Excellent Video as always, clear and concisely delivered.

  • @Cryptokittty
    @Cryptokittty หลายเดือนก่อน

    Thanks for highlighting the importance of security in crypto transactions.

  • @kindinohubert8962
    @kindinohubert8962 ปีที่แล้ว +4

    Thank you. Great content.

  • @couchcrypto
    @couchcrypto ปีที่แล้ว +2

    Thank you for your videos........your honesty is refreshing and unique.........don't ever let your success change your approach

  • @Guna_cocktail
    @Guna_cocktail ปีที่แล้ว +4

    Great content - Precise and Informative. My current portfolio bags has no value been investing on wrong projects. Glad I found your channel at least now to Start investing. Thank a lot. Keep up your good work

  • @joecirafici
    @joecirafici ปีที่แล้ว +5

    I’m not sure how Bacon only has 31k subs. He’s probably in the top 3 crypto channels I’ve seen over the last 6 years.

    • @Sunevel
      @Sunevel 6 หลายเดือนก่อน

      341K at this time ... ROCK ON

  • @Markenature
    @Markenature 7 หลายเดือนก่อน

    Thank you bro, god bless you

  • @derio_thurz_everythinggoes7350
    @derio_thurz_everythinggoes7350 ปีที่แล้ว

    Nice content....
    Straight to the point
    Thanks much love from Ghana 🇬🇭

  • @MukeshKumar-co8ze
    @MukeshKumar-co8ze ปีที่แล้ว +1

    Can you please do tier list again,the old one was just impressive would love to get a update on it. Thank you

    • @VirtualBacon
      @VirtualBacon  ปีที่แล้ว +1

      Won't be doing a top 100 tier list right away, but will be doing tier lists for other categories! Stay tuned

  • @ermusas1
    @ermusas1 ปีที่แล้ว

    What a great video,... quality

  • @AMBD90
    @AMBD90 ปีที่แล้ว +1

    Yo, you're an awesome channel: technical, informative, and likeable personality. I encourage everyone interested in crypto to follow.

  • @Okay-time
    @Okay-time ปีที่แล้ว +2

    Coin bureau is good as well

  • @tnami09
    @tnami09 ปีที่แล้ว +1

    Hey Bacon you are among my new favorite content creators.

    • @VirtualBacon
      @VirtualBacon  ปีที่แล้ว

      I always get a kick when people call me bacon haha, has a nice ring to it. Thanks for the kind words

  • @DarkYuugen
    @DarkYuugen ปีที่แล้ว

    Hi, I’m new to crypto. Thank u for the infos. Started buying Btc n Eth on Binance. N I’m keeping btc on flexible simple Earn for some interest. Since I can take it back anytime, is it considered safe? I put my eth on Ethereum 2.0 staking n holding Beth. Is it a good idea?

  • @socialmediawisdom22
    @socialmediawisdom22 ปีที่แล้ว +1

    Love it! Know when to hold em’, know when to fold em’!

  • @BohlaAhmed-fl4dd
    @BohlaAhmed-fl4dd 9 หลายเดือนก่อน

    thankx.

  • @deeppatkar6132
    @deeppatkar6132 ปีที่แล้ว

    Thanks for tips... from India

  • @arielrglaze
    @arielrglaze ปีที่แล้ว

    Thanks, now.. do you have a Time Machine?

  • @urbain3093
    @urbain3093 ปีที่แล้ว

    great tuto thanks

  • @nataljamakova
    @nataljamakova 8 หลายเดือนก่อน

    thank you so much

  • @georgiarandle6945
    @georgiarandle6945 ปีที่แล้ว

    Great video, very informative

  • @ZMZ1000
    @ZMZ1000 ปีที่แล้ว

    Thanks for these tips. Great explaining the risks.

  • @DarchelleWexler
    @DarchelleWexler 2 หลายเดือนก่อน

    Thanks for sharing such valuable information! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?

  • @Futurevisiom
    @Futurevisiom ปีที่แล้ว +1

    Ty , great video ❤

  • @parishparsa
    @parishparsa ปีที่แล้ว

    Can’t get the newsletter. Tried several times

  • @PandaPunch
    @PandaPunch ปีที่แล้ว

    Great video my guy, hope you fresh-out the “take profits” mistake more!

  • @buxycollins916
    @buxycollins916 ปีที่แล้ว

    I'd love to see a video from you about P2E projects, like DeFi Kingdoms for instance. The content you provide in each video is great value to your subscribers and the whole crypto community. Keep up the good work! Thank you 😉

  • @tomm4152
    @tomm4152 ปีที่แล้ว +3

    Just found this channel and it’s great! Great content! Thanks for sharing! It’s a shame most people get caught in the moon-boy mentality because channels like Bitboy that only tell people what they want to hear. This is the kind of content newbies need in a bear market, not Carl The moon. If you’re new to crypto avoid those moon-boy channels another piece of crypto non-financial advice.

    • @VirtualBacon
      @VirtualBacon  ปีที่แล้ว

      Glad to have you here Tom, I'm glad you are enjoying the content, it's why I do it!

  • @gedgrinc8585
    @gedgrinc8585 ปีที่แล้ว

    Thank you

  • @Uberfluous404
    @Uberfluous404 ปีที่แล้ว

    Great video as usual. May I add a tip to avoid being scammed.
    Confirm the official website of a project on Coin Market Cap and Coin Gekko.
    Confirm the official social media pages of the project’s official website, such Twitter, Telegram, Discord etc….
    Never use a link from anywhere else.

  • @ZIxiiaopinky
    @ZIxiiaopinky ปีที่แล้ว

    I lost money when eth went to PoS. Started mining on last year december, starting to wana buy asic miners to mine now, any thoughts?

  • @qwerty89993
    @qwerty89993 ปีที่แล้ว

    Thanks!

  • @andyt2363
    @andyt2363 ปีที่แล้ว +1

    Thanks for producing clear, informative content with excellent presentation, I discovered your channel recently and find the coverage genuinely very useful and better than many other more established crypto TH-camrs.
    Congrats and wish you well for further success.

    • @VirtualBacon
      @VirtualBacon  ปีที่แล้ว

      Thanks for the support Andy!

  • @carmindaAntunes
    @carmindaAntunes ปีที่แล้ว +3

    I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.

    • @Brendavonrohr4
      @Brendavonrohr4 ปีที่แล้ว

      People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

    • @aishatuabdullahmuhd1088
      @aishatuabdullahmuhd1088 ปีที่แล้ว

      Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

    • @mohammeddumadi8323
      @mohammeddumadi8323 ปีที่แล้ว

      @@aishatuabdullahmuhd1088 You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.

    • @Antoniovieira2792
      @Antoniovieira2792 ปีที่แล้ว

      @@mohammeddumadi8323 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?

    • @Stephenfanos37
      @Stephenfanos37 ปีที่แล้ว

      @@mohammeddumadi8323 Please I'm very much interested. How can I get touch with this coach, i really want to give her a try.

  • @Leonhud
    @Leonhud ปีที่แล้ว +14

    🎉 you work for over 30yrs to have $1M in your retirement,meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.

    • @sandrawilliams564
      @sandrawilliams564 ปีที่แล้ว

      A lot of people today have been making lots of profit through trading of cryptocurrency

    • @ElizabethAuthur23
      @ElizabethAuthur23 ปีที่แล้ว +1

      Having adequate orientation or knowledge about bitcoin trade or any other crypto currency is a key to a profitable and a successful investment

    • @Jurgen24335
      @Jurgen24335 ปีที่แล้ว +1

      Also a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists

    • @user-charlotte732
      @user-charlotte732 ปีที่แล้ว

      I have been seeing so many recommendations about Arlene Bryan trending, her strategy must be good for people to talk about her

    • @sandrawilliams564
      @sandrawilliams564 ปีที่แล้ว

      I invested with her after I got a loan from a friend and now after receiving profit, I paid my friend and reinvested over and over again. I must say she's a very transparent and honest personality

  • @byronblunt
    @byronblunt 9 หลายเดือนก่อน

    may you be blessed forever

  • @Sunevel
    @Sunevel 6 หลายเดือนก่อน

    BETTER LATE THAN NEVER! actually this probably is the perfect time for me to learn this world at the ripe young age of 50=) !! THX VB

  • @LibertyWolfson
    @LibertyWolfson หลายเดือนก่อน

    Thanks for the analysis! 🔍 I’ve got a question: 🤨 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷‍♂️

  • @jacksonmiles1141
    @jacksonmiles1141 ปีที่แล้ว

    I think Binance could possibly be borrowing customer funds but I don’t work there so I don’t know.

  • @yongeric8492
    @yongeric8492 ปีที่แล้ว

    Leaving out the obvious like bitcoin and eth, How would you invest a thousand dollars in crypto now for maximum returns?

  • @dildarsheikh2827
    @dildarsheikh2827 ปีที่แล้ว

    Good video

  • @pikachew340
    @pikachew340 ปีที่แล้ว

    Awesome vid! I’ve been getting back into crypto for the last couple weeks and I’ve easily learned the most just watching your videos for a couple days. Thank you!

  • @ManuKumar-gh9hi
    @ManuKumar-gh9hi ปีที่แล้ว

    Do you think shiba inu reaches 1dollar , anytime soon ??

  • @johntagama8247
    @johntagama8247 ปีที่แล้ว

    If I had to follow one mentor it would be virtual bacon.

  • @lucasterry3372
    @lucasterry3372 ปีที่แล้ว +1

    recommend the best crypto trading signals provider?

    • @hugolukas8396
      @hugolukas8396 ปีที่แล้ว

      MyCryptoParadise is best for crypto trading signals.

  • @eugenefritz5459
    @eugenefritz5459 ปีที่แล้ว

    where is the Uniswap video you mentioned

  • @ThisWorldIs5150
    @ThisWorldIs5150 ปีที่แล้ว

    Using 50-75x even 80-85x leverage is fine on bitcoin. On Ethereum its much more dangerous. A 50% swing for bitcoin is very unlikely

  • @ThisWorldIs5150
    @ThisWorldIs5150 ปีที่แล้ว

    If your actively watching it you can hit 100x for short term gains. If you set your stop loss you wont get liquidated

  • @zabik7221
    @zabik7221 ปีที่แล้ว

    Bro you supposed to get at least 1mil subscribers!
    What is wrong with peoples nowadays!

  • @KennyTVnow
    @KennyTVnow ปีที่แล้ว

    Legend!

  • @footyball66
    @footyball66 ปีที่แล้ว

    1. Should be - do some actual research before judging a project.

  • @allyasl9948
    @allyasl9948 ปีที่แล้ว

    Registration on your website is not working. I’m not getting email confirmation 😊

  • @LucidLoki
    @LucidLoki ปีที่แล้ว +2

    I agree to not even mess with leverage trading. I lost a lot of money doing this. Trust me, it may seem tempting but we are in such a good position in this bear market rn, literally all you have to do is build a strong portfolio by DCA’ing with a good base and wait for the next big bull run to start taking profits.

  • @joelsnake8
    @joelsnake8 ปีที่แล้ว

    This is the only crypto trading channel that I consider serious and interesting. And I don't do trading but these videos are good

  • @pappu_mondal
    @pappu_mondal 10 หลายเดือนก่อน

    Lo❤❤❤❤❤❤❤❤❤❤❤❤ve this content...

  • @rainwater2972
    @rainwater2972 ปีที่แล้ว

    Super

  • @valeriejones3777
    @valeriejones3777 ปีที่แล้ว

    Animal Farm is a great farm… been around a long time

  • @LaVidaEnUnaGota
    @LaVidaEnUnaGota ปีที่แล้ว

    Locking token, Look like ETH

  • @coolhead8686
    @coolhead8686 ปีที่แล้ว

    (1) No leverage. (2) I don't sell when drop in price. I DCA. (3) I start selling if 10X from break even.
    Good long term:
    MATIC
    ADA
    ATOM
    ONE
    SOL
    FTM
    ANKR
    GRT
    Good short term:
    MANA
    AXS
    OMI
    ONE

  • @rezam1650
    @rezam1650 ปีที่แล้ว +1

    A lot of scammers among comments, so watch out .

  • @OGrandfather
    @OGrandfather ปีที่แล้ว

    You lost me when you said Alameda and professional traders in the same sentence!

  • @dcts7526
    @dcts7526 ปีที่แล้ว

    Mistake 7: not buying bitcoin

  • @jonaelarriola5253
    @jonaelarriola5253 ปีที่แล้ว

    You think moonrabbit $AAA is good to buy ,plsss make a content abount moonrabbit pls

    • @76biggdogg
      @76biggdogg ปีที่แล้ว

      No, lol. BTC ETH & MATIC... That's it.

  • @vpowerization
    @vpowerization ปีที่แล้ว

    We need YOU to sell on losses , so we can profit by buying low! Panic you fool, PANIC! And most importantly, don't you dare to BUY 🤣🤣🤣🤣🤣 Crypto goes to zero, take your losses and go!

  • @Kweeniejoe
    @Kweeniejoe ปีที่แล้ว

    We are almost approaching the bull market you can still bag $GHNY but regardless of the condition of the market, you can still earn which makes this gem outstanding.

  • @ibrahimlawal981
    @ibrahimlawal981 ปีที่แล้ว

    Wholeheartedly he’s an astonishing person. He uses his time, moves and basically his life into helping people who are less fortunate. Using an excellent money recovery model as well in making profits, he really is still doing it out of his own heart. You really are a saints *APEXDEFT* and a wonderful wonderful persons. Love from New York

  • @byronblunt
    @byronblunt 9 หลายเดือนก่อน

    brother you are the BEST honest analyst and sharer of crypto knowledge. Thank you for sharing knowledge 🏩

  • @kenpachizaraki4184
    @kenpachizaraki4184 ปีที่แล้ว

    Im investing in a gmx fork called phamous. Led by one of the prominent memebers of the RH community, I have high expectations of their success.
    There is a lot of money in the RH ecosystem but gmx doesn't provide those services for the big whales to participate with coins in the RH ecosystem.
    Im gonna get in early because Phamous will have a giant first movers advantage as they become the first leverage trading service on pulsechain.

  • @doshkazzaydan5620
    @doshkazzaydan5620 ปีที่แล้ว +1

    What is you twitter??

  • @ibrahimlawal981
    @ibrahimlawal981 ปีที่แล้ว

    Wholeheartedly he’s an astonishing person. He uses his time, moves and basically his life into helping people who are less fortunate. Using an excellent money recovery model as well in making profits, he really is still doing it out of his own heart. You really are a saints *APEXDEFT* and a wonderful wonderful persons. Love from New York