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Topic: Always be wise (Read 100 times)

full member
Activity: 798
Merit: 134
September 06, 2021, 08:55:53 AM
#6
Haha
Everyone is always at the verge of making things come so possible without keeping patient or working hard and study properly before bouncing into any investment platform.
is of a truth patient is the key. but proper research make it succeed.
copper member
Activity: 86
Merit: 1
September 06, 2021, 08:01:22 AM
#5
That's correct. I know most of people want to get rich quick, but unfortunately most of them are taking wrong step by investing in such huge amount to something they don't too know what's it. Like i said on my previously post, there were MANY people invested in DOGECOIN when it was hyped because of Elon Musk, and now you can see what happened with them, most of them are in "floating loss" because DOGECOIN keep dropping when it was once reached $0.72.

Investing with DCA and with money management would be much better than invest in huge amount in something you don't know
yeah,but sometimes the move of famous people can be a signal of market.
hero member
Activity: 1946
Merit: 502
September 06, 2021, 07:51:54 AM
#4
Being wise is one thing, being lucky is another thing, there are people who got lucky to invest during bull run and made good money within a short period, others have been hustling for long and not yet achieve their goal, sometimes luck and perfect timing plays a vital role in investment, being wise and patience is also needed for our investment to be successful.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 06, 2021, 07:49:46 AM
#3
Better not to think for being rich in just a short period of time and set your timeline longer, maybe a goal after 5 years or more.
I do agree with this coz the development needs process and it can't be done in over night. So many people are expecting to make bunch of money just in a very short time period but sometimes when you wanna get rich in a short time and this is still possible to be done through participate in the legit IDO and ICO.


what is not normal is that you are spending money on the things you don't know and that's where a big risk started and many newbies loss their capital because of being too careless on investing.
This is relate to the newbies who have blindly bought the garbage coins with an expectation to be rich in a night.

don't be greedy, just keep on moving even on a small steps.
That's the only problem that faced by lots of people. When their portfolios were growing so high and they change the sell button with the diamond hand button  Cheesy
legendary
Activity: 2394
Merit: 1131
September 06, 2021, 07:29:28 AM
#2
That's correct. I know most of people want to get rich quick, but unfortunately most of them are taking wrong step by investing in such huge amount to something they don't too know what's it. Like i said on my previously post, there were MANY people invested in DOGECOIN when it was hyped because of Elon Musk, and now you can see what happened with them, most of them are in "floating loss" because DOGECOIN keep dropping when it was once reached $0.72.

Investing with DCA and with money management would be much better than invest in huge amount in something you don't know
copper member
Activity: 86
Merit: 1
September 06, 2021, 06:09:31 AM
#1
Better not to think for being rich in just a short period of time and set your timeline longer, maybe a goal after 5 years or more.

Losing money is normal when you are investing, what is not normal is that you are spending money on the things you don't know and that's where a big risk started and many newbies loss their capital because of being too careless on investing.

Always be wise, this is a life lesson that you need to master in order to succeed and its not just on your investment journey. Keep hustling on achieving your dream but don't be greedy, just keep on moving even on a small steps.
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