Topic: Avoid these crypto investment mistakes (Read 402 times)

My mentor once told me Altcoin is crypto gambling and I didn't understand that until recently when I see how unstable they can be, but with Bitcoin it's always been very different such that literally you don't have to really deal with all those fluctuations, you just have to be patient and have a mindset of the long term except you want to trade basically else, it's always best to just invest in Bitcoin they for quick swaps and taking advantage of volatility you can look at Altcoins but don't see it to be for an investment.

You are totally correct and this kind of mistake makes most investors to later regret their actions of solely believe in Altcoins even knowing the high risk of losing more funds even though it also increase in price at times but solely relying on Altcoins is not an option but for me I rather invest in Bitcoin than Altcoins because it's a waste of time and energy although Bitcoin also fluctuates at times but can't be compare to Altcoins and it's more reliable. Although the choices is really based on individuals but no matter any one chooses, let them be aware about the risks involved.

Hello fam, please read closely e get one wise quote, way I like so much " a stitch in time saves nine" for this investment game no body know everything all at once , we are all Learners , and trust me, we go continue to dey learn and also dey adapt as long as say na this investment game. Normally e get some mistakes way we dey make as investors normally , nine make I say make I bring them to the table so we go fit educate ourselves  and also improve our investment skills. The first most common investment  mistake way most of us dey make na

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets.  then another major investment mistake na

 • timing the market: This one done really affect many people, way be say them no dey fit hold investment or wait for the right time to invest. This matter way I dey talk so , done make some people sell some kind assets way them suppose hold for maturity too early, and also make some people go buy too early, so make we just allow the market do em thing, because these big moves way we dey find , to be honest, e dey take time.
And then the last major mistake na

•In-adequate research: This one na to dey make investment decisions without proper research and strategy, one thing we suppose know na say we need to understand how this thing works, no be magic, we need to go into comprehensive research to get the best out of our investments.

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets. 

Yeah diversification is really really important when it comes to investment but the matter sef no be to diversify and to actually know the right coins to put hand because e no dey hard to make mistake buy wrong especially when you no research and sometimes the major reason why this dey happen is because maybe proper research sef no really dey that's why.

Yeah diversification is really really important when it comes to investment but the matter sef no be to diversify and to actually know the right coins to put hand because e no dey hard to make mistake buy wrong especially when you no research and sometimes the major reason why this dey happen is because maybe proper research sef no really dey that's why.

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets.  then another major investment mistake na

Well all the listed above are actually correct but some of these mistakes are inevitable as an investor. Especially those new to the market they get scared easily and barely take their time to make good plans and properly research what they are about to invest on. I won't actually say that most of us don't sell Bitcoins even during times like this when we are expecting the bull. No one is stoping you from selling some few coins. Just make sure you aren't wasting your coins and also have some stacked up in a safe wallet. Though you may choose to diversify your portfolio but it's not necessary if you don't know how to. So you don't end up putting your funds in the wrong basket. A basket that might bear rotten eggs. Just be wise enough to do research where you want to diversify your funds into.

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets.  then another major investment mistake na

• timing the market: This one done really affect many people, way be say them no dey fit hold investment or wait for the right time to invest. This matter way I dey talk so , done make some people sell some kind assets way them suppose hold for maturity too early, and also make some people go buy too early, so make we just allow the market do em thing, because these big moves way we dey find , to be honest, e dey take time.
And then the last major mistake na

•In-adequate research: This one na to dey make investment decisions without proper research and strategy, one thing we suppose know na say we need to understand how this thing works, no be magic, we need to go into comprehensive research to get the best out of our investments.

Base on the mark altcoins have left back in the days I was actually dealing in then have learnt my lesson that altcoins is like waste of time stuff, because most time they will dip without thinking of rising back leaving some folks reckt. That's why always take your time research thoroughly, to avoid investing in the wrong project. That's why most people are scared to invest in cryptocurrency because of the marks shitcoins has left In them.

Hello fam, please read closely e get one wise quote, way I like so much " a stitch in time saves nine" for this investment game no body know everything all at once , we are all Learners , and trust me, we go continue to dey learn and also dey adapt as long as say na this investment game. Normally e get some mistakes way we dey make as investors normally , nine make I say make I bring them to the table so we go fit educate ourselves  and also improve our investment skills. The first most common investment  mistake way most of us dey make na

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets.  then another major investment mistake na

 • timing the market: This one done really affect many people, way be say them no dey fit hold investment or wait for the right time to invest. This matter way I dey talk so , done make some people sell some kind assets way them suppose hold for maturity too early, and also make some people go buy too early, so make we just allow the market do em thing, because these big moves way we dey find , to be honest, e dey take time.
And then the last major mistake na

•In-adequate research: This one na to dey make investment decisions without proper research and strategy, one thing we suppose know na say we need to understand how this thing works, no be magic, we need to go into comprehensive research to get the best out of our investments.

You are totally correct and this kind of mistake makes most investors to later regret their actions of solely believe in Altcoins even knowing the high risk of losing more funds even though it also increase in price at times but solely relying on Altcoins is not an option but for me I rather invest in Bitcoin than Altcoins because it's a waste of time and energy although Bitcoin also fluctuates at times but can't be compare to Altcoins and it's more reliable. Although the choices is really based on individuals but no matter any one chooses, let them be aware about the risks involved.

You are totally correct and this kind of mistake makes most investors to later regret their actions of solely believe in Altcoins even knowing the high risk of losing more funds even though it also increase in price at times but solely relying on Altcoins is not an option but for me I rather invest in Bitcoin than Altcoins because it's a waste of time and energy although Bitcoin also fluctuates at times but can't be compare to Altcoins and it's more reliable. Although the choices is really based on individuals but no matter any one chooses, let them be aware about the risks involved.

I cannot counter all what you have listed,it is based on what you believe, nice one tho, but let me say something. Diversification is not always a necessity, their are people who wants nothing to do with Altcoins, like they do not give a fuck if the price of this Altcoins skyrocket so they have nothing to diversify, they believe solely in Bitcoin. We consider the implementation of diversifying our investment when we dealing mostly with lots of Altcoins, since there is high risk of losing funds. It Is considered wise for every investors to hold good portion of Bitcoin before thinking about diversification, we diversify our Altcoins investment not on Bitcoin.

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets.  then another major investment mistake na

Hello fam, please read closely e get one wise quote, way I like so much " a stitch in time saves nine" for this investment game no body know everything all at once , we are all Learners , and trust me, we go continue to dey learn and also dey adapt as long as say na this investment game. Normally e get some mistakes way we dey make as investors normally , nine make I say make I bring them to the table so we go fit educate ourselves  and also improve our investment skills. The first most common investment  mistake way most of us dey make na

•un-diversified portfolio:  this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets.  then another major investment mistake na

 • timing the market: This one done really affect many people, way be say them no dey fit hold investment or wait for the right time to invest. This matter way I dey talk so , done make some people sell some kind assets way them suppose hold for maturity too early, and also make some people go buy too early, so make we just allow the market do em thing, because these big moves way we dey find , to be honest, e dey take time.
And then the last major mistake na

•In-adequate research: This one na to dey make investment decisions without proper research and strategy, one thing we suppose know na say we need to understand how this thing works, no be magic, we need to go into comprehensive research to get the best out of our investments.