Topic: Be a wise investor - page 6. (Read 76845 times)
In my opinion and in relation to the topic, we can say that it's very relative and depends on the interest of the investor. So, no matter how much we disclose and show a specific investment method, it don't mean that it's excellent for everyone. There is a more aggressive line in the sense of seeking daily profit and another more peaceful line that seeks the long term, but it's an interesting topic to discuss.
In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
Everything is relative in our world.
For some, 100 euros is wealth, while someone with 1 million feels like a beggar.
After investing becoming rich is not easy and its not working for all because mostly its depend on luck as well we have many examples peoples have big amount without any serious effort and on other hand many big whales washed out in very quick time as they have not wise decsion so if you want to invest then surely you have to do some good effort for this also because its much needed like search and check all updates about project where you are investing and never been greedy keep calm and do your efforts on right time.
A nice suggestion by i came from a place where most young people believed that everything is gamble. even life,we should gamble about it. personally, i think it is a matter of steady learning and following up with wise investors that understands this market better than you. learn from the mentors that you trust and not every tom and dick found on the internet. even some that does not research on anything but steal from other peoples work.
I think that being an investor requires a strong mentality as well because new projects tend to be more risky. the winner is who can determine the right time to enter and exit the market, controlling the emotions of greed. If we understand the risks we will definitely be more careful, wise investors will not put their funds carelessly.
Likewise, the overabundance of data inside the speculation market makes it much more hard for us to find what data can be trusted or depended upon. Numerous individuals or even me need to become rich some time or another and we all once that a portion of individuals just become rich since they doing exceptional approaches to bring in cash and furthermore now and again karma.
None should do this thing that he/she get a project and investing there to become rich without proper information about the project. Everyone choose projects analyse those and then think about to invest.Overall Experience and observation sharpness is must here to improve.A bit of risk is always here with the word invest so this is usual and we have to deal with it.
In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
2021 will be the year of tremendous growth in cryptocurrency.
And there are two main reasons:
1.Big business has recognized Bitcoin and, in part, other cryptocurrencies.
2 Joe Biden will legitimize the crypto sector
Agreed with this, be a wise but not greedy investor. Let's all be careful in investing in a project, we must carefully study the project before jump into it. And when you see you're already gaining the take profit and by back again on its dip price. Otherwise, you will lose everything. So let's all be careful.
In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
Yes, we should not focus on getting too rich. I have seen people lost most of their earnings because they made wrong decisions and wrong investments and lost so much in the process. Many also thought that their coins were the good coins and waited years until the coins simply fail and stop working. I admit that our journey into crypto is hard and it will be. We just need to be very careful in everything we do.
In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
I do not understand the problem you tried to share here about what made you lost money. Was it that you lost your investment to scammers or that your wallet was hacked or that you bought tokens at ICO that did not list? Generally what I have realised is that crypto business is not a 100% guarantee to become rich. It is a luck and coincident thing to get a token which can make you money. It takes time ti become rich.
This is the problem if you are not contented in what you are gaining each trade and instead of selling what you are doing is keeping the currencies thinking that this will go up more and more.
Until ending that it will fell against your will,Just please be aware that 20-30 % is too much income each time so try to take out and re invest again .
In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
I do not understand the problem you tried to share here about what made you lost money. Was it that you lost your investment to scammers or that your wallet was hacked or that you bought tokens at ICO that did not list? Generally what I have realised is that crypto business is not a 100% guarantee to become rich. It is a luck and coincident thing to get a token which can make you money. It takes time ti become rich.
I see both of you are not understanding the right investment here, investing in this market or anywhere, have you ever set yourself your investment criteria and methods. I see you say that lucky teeth in the market, in fact luck does not come naturally to you if you do not go looking for it. I am also a person in this space for a long time and also go through many times involved in crypto hoarding and i see most people until they lose all of their money to realize they are losing control of themselves and them. do not understand this market. Lessons have been learned, but it still takes money and time to realize it.
In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
I do not understand the problem you tried to share here about what made you lost money. Was it that you lost your investment to scammers or that your wallet was hacked or that you bought tokens at ICO that did not list? Generally what I have realised is that crypto business is not a 100% guarantee to become rich. It is a luck and coincident thing to get a token which can make you money. It takes time ti become rich.
The point is, stop thinking the crypto world is an instant solution to get rich quick, because if our thinking is to get wealth instantly, then our common sense will be covered by our passions.
Learn first the whole project that we will invest, patience in determining the right time to invest is often the key to our success or failure in investing.
true, everything takes effort and patience to get profit, if people think investing in cryto will make rich, that's wrong, such people will only get failure, because investing in cryto is not easy, there must be more research to get profit Learn first the whole project that we will invest, patience in determining the right time to invest is often the key to our success or failure in investing.
Thank you for this incredible piece. I have deeply been hurt through trading and best is for one to be wise and calculative. Newbies at same point should trade more of old coins than jumping into new ones. I just hope we trade without emotions as it's the leader of failure and also know when to cut off losses.
old coins give us certainity ,its already developted and community formed for several times ago so we no need to worry if price crash , traders will buy when old coins hit low .most of old coins could survive rather than new coin from FUD. our emotion and psychology will take control ,how would our trading result in future
Thank you for this incredible piece. I have deeply been hurt through trading and best is for one to be wise and calculative. Newbies at same point should trade more of old coins than jumping into new ones. I just hope we trade without emotions as it's the leader of failure and also know when to cut off losses.
Unless you are thinking of buy top coin, most new projects hardly recover back to the public sales price not to talk of gaining above the sales price. This is because of low user cases except coin such as Uniswap token, I hardly find new project that you can count on. Sometime it is better to even buy from the exchange in which a new token is listed before organic growth starts. Also, most new projects become dead few months after the public token sales contributing nothing but junks to the wallet.
You need to really look for the actual usages and not just for the promise profits, most of those old projects that still exist right now are continuously trying to update and provide development from their works, with new coins there are lots of competitions so it's really hard to pick which coin will be able to deliver and which will be died after some time of existence.
Unless you are thinking of buy top coin, most new projects hardly recover back to the public sales price not to talk of gaining above the sales price. This is because of low user cases except coin such as Uniswap token, I hardly find new project that you can count on. Sometime it is better to even buy from the exchange in which a new token is listed before organic growth starts. Also, most new projects become dead few months after the public token sales contributing nothing but junks to the wallet.
The point is, stop thinking the crypto world is an instant solution to get rich quick, because if our thinking is to get wealth instantly, then our common sense will be covered by our passions.
Learn first the whole project that we will invest, patience in determining the right time to invest is often the key to our success or failure in investing.
There are thousands of ways to get quick rich if your lucky enough, no need to waste time with low marketcap altcoins. Gambling is the way to go for lucky people but common sense prevents us to do such activities. Crypto is not get a quick rich scheme and new investors fool themselves with believing the influencer who paid by sponsorships for promotional videos on social media. Learn first the whole project that we will invest, patience in determining the right time to invest is often the key to our success or failure in investing.
In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
you must understand about trading and hodl in long term mate
because we need both, but for long term hodl i suggest you to hold only a good and solid cryptocurrency for example bitcoin, ethereum or others
about trading you must know how to choose the right coin to trade in daily too, sometimes its easy to said but hard to do
regards
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