What are some quotes that remind us of the lessons we've learned in the world of digital currencies?

15 answers

• Dec 26, 2021 · 3 years ago
  As Warren Buffett famously said, 'Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.' This quote reminds us of the importance of long-term thinking and investing in solid projects with real value. In the volatile world of digital currencies, it's crucial to focus on the fundamentals and not get swayed by short-term price fluctuations.
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• Dec 26, 2021 · 3 years ago
  In the words of Andreas Antonopoulos, a renowned cryptocurrency expert, 'Not your keys, not your Bitcoin.' This quote emphasizes the significance of self-custody and the need to secure your own private keys. It serves as a reminder to never leave your digital assets on exchanges or third-party platforms, as they may be vulnerable to hacks or other security breaches.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, advises investors to 'Do your own research (DYOR) before investing.' This quote highlights the importance of conducting thorough due diligence and understanding the risks associated with any investment. It encourages individuals to educate themselves about the projects they are interested in and make informed decisions.
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• Dec 26, 2021 · 3 years ago
  In the world of digital currencies, it's important to remember the words of John McAfee, 'Volatility is not the same as risk.' This quote reminds us that while cryptocurrencies can be highly volatile, it doesn't necessarily mean they are inherently risky. Proper risk management strategies, such as diversification and setting stop-loss orders, can help mitigate potential losses.
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• Dec 26, 2021 · 3 years ago
  As the saying goes, 'The best time to buy Bitcoin was 10 years ago, the second best time is now.' This quote serves as a reminder that it's never too late to get involved in the world of digital currencies. Despite the market's ups and downs, cryptocurrencies continue to present opportunities for growth and innovation.
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• Dec 26, 2021 · 3 years ago
  Remember the words of Vitalik Buterin, the co-founder of Ethereum, who said, 'There are some good ideas, some bad ideas, and a lot of very, very bad ideas.' This quote highlights the importance of discernment and critical thinking in the cryptocurrency space. It reminds us to carefully evaluate projects and separate the truly innovative ones from the scams and hype.
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• Dec 26, 2021 · 3 years ago
  In the world of digital currencies, it's crucial to keep in mind the words of Charlie Munger, 'I think cryptocurrencies are a bubble.' While this quote expresses a skeptical view, it reminds us to approach the market with caution and not blindly follow the hype. It encourages us to critically analyze the risks and potential downsides of investing in cryptocurrencies.
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• Dec 26, 2021 · 3 years ago
  As the famous investor Peter Lynch once said, 'Know what you own, and know why you own it.' This quote emphasizes the importance of understanding the underlying technology and purpose of the cryptocurrencies in your portfolio. It encourages investors to have a clear investment thesis and avoid blindly following trends or recommendations.
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• Dec 26, 2021 · 3 years ago
  In the world of digital currencies, it's important to remember the words of Satoshi Nakamoto, the anonymous creator of Bitcoin, who said, 'It might make sense just to get some in case it catches on.' This quote highlights the potential of cryptocurrencies to disrupt traditional financial systems and encourages individuals to consider allocating a small portion of their portfolio to digital assets.
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• Dec 26, 2021 · 3 years ago
  As the saying goes, 'The market can stay irrational longer than you can stay solvent.' This quote serves as a reminder of the unpredictability of the cryptocurrency market and the importance of not overextending oneself. It encourages individuals to set realistic expectations and avoid taking excessive risks.
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• Dec 26, 2021 · 3 years ago
  In the world of digital currencies, it's important to remember the words of Benjamin Franklin, 'An investment in knowledge pays the best interest.' This quote emphasizes the value of continuous learning and staying informed about the latest developments in the cryptocurrency space. It encourages individuals to invest time and effort in expanding their knowledge to make informed investment decisions.
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• Dec 26, 2021 · 3 years ago
  As the saying goes, 'Buy the rumor, sell the news.' This quote reminds us of the impact of market sentiment and the importance of staying updated with the latest news and developments. It encourages individuals to be aware of the potential market reactions to upcoming events and make informed trading decisions.
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• Dec 26, 2021 · 3 years ago
  In the world of digital currencies, it's crucial to keep in mind the words of John Templeton, 'The four most dangerous words in investing are: This time it's different.' This quote serves as a reminder to approach market cycles with caution and not fall into the trap of believing that the rules of investing have fundamentally changed. It encourages individuals to maintain a rational and disciplined approach to investing.
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• Dec 26, 2021 · 3 years ago
  Remember the words of William Shakespeare, 'Neither a borrower nor a lender be.' This quote highlights the risks associated with leveraging or borrowing to invest in digital currencies. It serves as a reminder to only invest what you can afford to lose and avoid taking on excessive debt or leverage.
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• Dec 26, 2021 · 3 years ago
  In the world of digital currencies, it's important to remember the words of Mark Twain, 'October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February.' This quote humorously reminds us that market timing is notoriously difficult and unpredictable. It encourages individuals to focus on long-term investment strategies rather than trying to time short-term market movements.
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